• search
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

After signing deal with China, Italy says its critics are ‘jealous’

|

Rome, March 29: Italy recently became the first member of the G7 to express its intentions to join China's much-talked about Belt and Road Initiative (BRI) and the undersecretary of state at the country's ministry of economic development, Michele Geraci, has said that Rome now has an edge over other European nations by signing up earliest to the BRI and might have also made some of the "jealous", South China Morning Post reported.

After signing deal with China, Italy says its critics are ‘jealous’

Geraci, who pushed for Italy's involvement in the initiative, also said at least two other nations from Europe were expected to follow Rome's footsteps. The minister though stopped short of naming the two countries.

Chini-Pakistani bhai bhai: China names three towns as sisters to Pakistani cities

"All the other countries will follow Italy and sign an MOU, and I can give you two names, but I won't - they are in the pipeline," Geraci was quoted as saying at Boao Forum for Asia in China's southern Hainan province. "In reality, all European countries want to be part of the belt and road."

Italy took the decisive step during the recent visit by Chinese President Xi Jinping on its soil and did it defying warnings from the US and some European countries who said it was risking a debt trap.

Geraci said Italy faced criticism for wanting to take the lead by doing things first.

The memorandum of understanding signed between China and Italy highlighted the signing of 29 cooperation arguments. It also came soon after the European Union's unveiling of a 10-point plan for rebalancing its Beijing policy and ahead of the EU-China summit scheduled in Brussels on April 9.

For Daily Alerts
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more