Italy’s’s business secretary is wary of trade ties with China.
Economy Minister Giancarlo Giorgetti was cited on Friday( Apr 14 ) as saying that Rome must become more cautious in its trade relations with China in light of the Belt and Road Initiative project’s’s partnership with Beijing.
Italy joined the program, a global action to broaden China’s’s trade horizons, as the first major industrialized country in 2019.
However, the accord, which Chinese President Xi Jinping signed while on a state visit to Italy and is scheduled for registration in 2024, has not yet received much attention.
Giorgia Meloni, the chief minister of Italy, stated last year, prior to being elected, that she did not support Taiwanese growth into Italy or Europe.
Giorgetti was cited by the European news organization ANSA as saying on the outside of an International Monetary Fund conference in Washington,” The political context and what I have perceived leads to an even more careful approach than in the past.”
Meloni may provide a final evaluation of the program, he said.