ICYMI – Italy intends to exit China Belt and Road agreement | Forexlive

A piece hitting media on Tuesday, Europe time, confirming the rumours earlier in the month that Ital would pull the pin on its agree,ent with China.

In brief:

• Italian Prime Minister Giorgia Meloni spoke with US House Speaker Kevin McCarthy in Rome last week
• Said a final decision hasn;t been reached, but her government is leaning towards exiting its role in China’s Belt and Road Initiative

The reports cited unnamed sources.

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Italy was the only G7 country to sign on with China’s BRI, back in 2019.