Italy to Withdraw from China's Belt and Road Initiative, Seeks New Partnership Deal

Italian PM Meloni plans to pull Italy out of China's Belt and Road Initiative, according to reports.
Italy aims to replace BRI with a revitalized 2004 strategic partnership agreement with China.
Italy is the only G7 nation signed onto China's BRI infrastructure plan.
Italian politicians have questioned the value of the 2019 BRI deal under a previous administration.
Italy told China the decision was not dictated by the United States.

yahoo.com

Relevant topic timeline:

8/6/2023

A key U.S. ally wants to walk back its 'atrocious' embrace of China

Main Topic: Italy's potential withdrawal from China's Belt and Road Initiative (BRI) and its implications for Western alliances. Key Points: 1. Italy, the only G7 nation to sign up to China's BRI, is considering pulling out of the project. 2. Italy's decision reflects the Western dilemma of balancing economic ties with China while addressing concerns over human rights and national security. 3. Italy's potential withdrawal from the BRI signals a shift in the Western approach to China and a desire to align more closely with the United States.

9/9/2023

Italy Seeks to Balance Economic Ties and Doubts on China's Belt & Road Initiative

Italian Prime Minister Giorgia Meloni met with Chinese Premier Li Qiang on the sidelines of the G20 summit and expressed the intention to strengthen relations, despite Italy considering abandoning China's "Belt and Road" initiative.

9/10/2023

Italy Seeks to Strengthen Ties with China Outside of Belt and Road Initiative

Italian Prime Minister Giorgia Meloni stated that Italy's decision on whether to leave the Belt and Road Initiative (BRI) is still pending, emphasizing that there is more to Italy's relationship with China beyond the BRI.