Giorgia Meloni, Italian Prime Minister, has indicated to her Chinese counterpart, Li Qiang, that Italy intends to withdraw from China's ambitious Belt and Road Initiative (BRI), according to Bloomberg.
Meloni signalled the intent to pull out of the pact during a meeting on the sidelines of the G20 Summit in New Delhi, while expressing the desire to maintain friendly ties with China, the report added.
Besides, the meeting between Meloni and Li is significant as Italy has publicly expressed its intention to exit the BRI, citing a lack of benefits for Rome from Beijing's extensive infrastructure program.
Italy had officially joined the BRI in 2019.
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