Italy became the first G7 nation to sign up for Beijing’s multibillion-dollar Belt and Road Initiative. The deal was struck amid warnings from Rome’s EU partners against negotiating with China alone.

The memorandum of understanding was signed during Chinese leader’s Xi Jinping three-day trip to Rome. The nations also struck additional deals, including in the steel and energy sectors.

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Newsy 26 Apr 2019 02:24 CEST

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