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Italy signs a preliminary accord with China as it becomes the first G7 nation to join the Belt and Road infrastructure project. The agreement, witnessed during Chinese President Xi Jinping's visit to Rome, includes multiple deals with Italian companies, ministries, and public bodies. The initial value of the deals is around 2.5 billion euros ($2.8 billion), with the potential for future collaboration reaching 20 billion euros. This move strengthens economic ties between Italy and China.
Friday, 22 March, 2019