December 9 , 2023
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- Italy is the only major Western nation and the only G7 nation to sign to join China’s Belt and Road Initiative (BRI) in 2019.
- But in 2023, it has confirmed its withdrawal from the project.
- The Belt and Road Initiative (One Belt One Road) is a global infrastructure development strategy adopted by the Chinese government in 2013
- It has faced criticism, with the US labelling it “debt-trap diplomacy.”
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