#InternationalRelations
Switching from China's “One Belt One Road” to the United States' "B3W", Italian Foreign Minister: US is more important than China 
 
United States stated in mid-June that it had established a global infrastructure plan called Build Back Better World (B3W), which compete with “One Belt One Road” from China. Italy, one of members from “One Belt One Road”, after joining B3W this year the Foreign Minister Luigi Di Maio publicly indicated yesterday, although Italy and China have the trading and historical relationship, however this is absolutely not comparable.  
 
Italy joined the “One Belt One Road” in 2019, is the first G& countries participate the project. According to Politico, Italy joined the project during the reign of former Prime Minister Silvio Berlusconi, the former government hoped to use this to attract Chinese investment to revitalize its economy that has stagnated for decades. According to Reuters, the United States has previously expressed concern about Italy joining the China-led “One Belt One Road” initiative.  
 
Source: Stand News #Jun29
 
 https://bit.ly/3k5BGgW
 
#Italy #UnitedStates #B3W #OneBeltOneRoad #G7 #China #Economy