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China, Italy shd get more out of New Silk Road says Beijing

Rome 'weighing renewal of BRI memorandum by year's end'

Redazione Ansa

(ANSA) - ROME, MAY 10 - China and Italy should get more pout of the 'New Silk Road', fully implementing a 2019 memorandum on the Belt and Road Initiative (BRI) which has already boosted ties, Beijing said Wednesday.
    Rome is reportedly weighing whether to renew the BRI accession memorandum by the end of the year amid criticism that it benefits China disproportionately.
    Since the signing of the BRI memorandum in 2019, China and Italy have increased their relations with "fruitful cooperation and both sides are expected to further draw on cooperation related to the New Silk Road'", said Foreign Ministry spokesman Wang Wenbin in the daily briefing to a question on the press reports that the Italian government is considering whether to renew the New Silk Road accession memorandum by year's end. (ANSA).
   

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