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Italy becomes first G7 nation to officially join BRI [Copy link] 中文

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Post time 2019-3-24 10:18:30 |Display all floors
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Chinese President Xi Jinping (L, front) and his Italian counterpart Sergio Mattarella (R, front) hold talks in Rome, Italy, March 22, 2019. [Photo/Xinhua]

China and Italy signed a memorandum of understanding (MoU) on cooperation within the framework of the Belt and Road Initiative (BRI) on Saturday. This makes Italy the first G7 nation to officially join the BRI.

Chinese President Xi Jinping and Italian Prime Minister Giuseppe Conte exchanged views on bilateral relations and international and regional issues of common concern on Saturday in Rome, and witnessed the signing of the China-Italy agreement on jointly promoting the construction of the Belt and Road.

Italian Deputy Prime Minister Luigi Di Maio said the contracts signed between China and Italy on Saturday are worth 2.5 billion euros (2.8 billion U.S. dollars), and subsequent contracts may exceed 20 billion euros. He stressed that the MoU is very important to Italy.

Xi: China to expand and deepen bilateral relations with Italy

During his meeting with Conte, Xi said China is ready to expand and deepen bilateral relations in an all-round way with Italy. He called for both countries to strengthen high-level exchanges and increase dialogue at all levels, and continue to understand and support each other on issues involving core interests and major concerns.

Xi also urged the two countries to accelerate the China-EU investment agreement negotiations, and strengthen communication and coordination on major international and regional issues. He said he hoped that Italy will continue to play an active role in deepening China-EU dialogue and cooperation in various fields and promoting steady development of China-EU relations.

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Post time 2019-3-24 11:54:45 |Display all floors
With assistance from China, Italy will now get at least a chance to be lifted out of her financial doldrums, but the main effort has to come from herself.  

Like Greece, this is another European nation which will benefit from the BRI.

If the Greeks and the Romans -- the two major players of Western Civilization -- and the Egyptians to the west of the Fertile Crescent, cooperate with China in the BRI, the diabolical plans of the Trump-Pompeo-Bolton-Navarro Clique will come to naught.

Now that Hungary, Germany, Britain and New Zealand have rejected attempts by Pompeo to dissuade them from using the Huawei 5G platform, America is left with very few EU allies in her attempt to isolate the Chinese high-tech giant.

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Post time 2019-3-24 13:09:50 |Display all floors
Thumbs up to Italy!  It has foresight, unlike many of its European friends!

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Post time 2019-3-24 14:39:09 |Display all floors
wchao37 Post time: 2019-3-24 11:54
With assistance from China, Italy will now get at least a chance to be lifted out of her financial d ...

re:   Trump-Pompeo-Bolton-Navarro Clique will come to naught.

  Them lads are just temporally,  the UK is a prime example .

Next week that leadership will be annulled and an EU oriented leader will take over...

  

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Post time 2019-3-24 14:55:16 |Display all floors
pnp Post time: 2019-3-24 13:09
Thumbs up to Italy!  It has foresight, unlike many of its European friends!

You can say that again.

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Post time 2019-3-24 15:05:54 |Display all floors
emanreus Post time: 2019-3-24 14:39
re:   Trump-Pompeo-Bolton-Navarro Clique will come to naught.

  Them lads are just temporally,  t ...

Teresa May had grossly misjudged the megatrend of history.  She nearly did it with China once, and she can do it again.

Do you remember that she was the UK leader after Cameron left office who nearly canceled the Hinckley-Nuclear-Power-Plant project one day before the scheduled implementation date - after everyone else had given up on UK (including the Japanese and the French, mainly due to the risks inherent in any deals with a country like Britain which did not have the financial wherewithal to invest in the project)?

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Post time 2019-3-24 21:06:01 |Display all floors
wchao37 Post time: 2019-3-24 15:05
Teresa May had grossly misjudged the megatrend of history.  She nearly did it with China once, and ...

Good point,  since H.K. golden goose returned to its home turf; even the Grand Royal Yacht had to go...

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