End titles: Italy walks out of BRI agreement with China

The Italian government has officially announced that it is leaving China’s Belt and Road Initiative (BRI). The agreement binding the two countries within BRI would end in March 2024. However, Italy informed the Chinese side that it would not renew it. Italian foreign minister Antonio Tajani commented that “the agreement did not produce the expected results and that the Silk Road is not Italy’s priority.” At the same time, he underlined that relations between Rome and Beijing will be strengthened despite this development.