Italy will protect its strategic infrastructure such as telecoms and avoid transferring key know-how as part of a planned agreement with China, Prime Minister Giuseppe Conte said.
Italy is studying mechanisms to monitor commercial accords signed under the "Belt and Road" memorandum agreement with China, as well as other measures to protect "strategic activities and national interests," Conte told.
In separate comments to Corriere, a spokesman for the White House's group of national security advisers, Garrett Marquis, warned the accord was "a political hazard."
China has denied its Belt and Road projects, which fund and build global transport and trade links in more than 60 countries, are a debt trap.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.