Italy joins BRI

  • Italy joined the BRI by signing a non-binding agreement with China on 23 March 2019.
  • Today BRI has expanded to over 80 countries, mostly least developed and developing economies. Italy is the first among the Group of Seven (G-7) industrialized countries to sign up to BRI (Belt and Road Initiative) which is claimed by China as a global infrastructure and development project.

Views of Italy, China and US about the Deal

  • Italy: Italy is witnessing its third recession in a decade and hopes to revive its economy by linking it with BRI. Italy could benefit from the huge investments ....
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