Italy plans to join China's Belt and Road Initiative: Financial Times

The Straits Times | 3/4/2019 | Staff
shuadah (Posted by) Level 3
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ROME (REUTERS) - Italy has planned to sign a memorandum of understanding to become part of China's Belt and Road Initiative, the Financial Times reported on Tuesday (March 5).

"The negotiation is not over yet, but it is possible that it will be concluded in time for (Xi's) visit," the newspaper reported, quoting Michele Geraci, the undersecretary in the Italian economic development ministry.

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The United States said the project was unlikely to help Italy economically and could significantly damage the country's international image, the paper...
(Excerpt) Read more at: The Straits Times
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