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    Alaska, a bell toll for Europe! No trade partners but adversaries! Palestina and the two states solution! When Pristina drowns in a spoonful of water!

    The Americans In, the Russians Down, and the Iranians Out: The Regional Impact of the Armenia- Azerbaijan Peace Agreement

    How Belgrade Keeps the Serb Community in Kosovo Under Political Control

    President Aliyev gives an interview to Azerbaijani media: US-Azerbaijan open new chapter of strategic partnership 

    International recognition of Palestine: Political marketing or genuine change?

    Visit to the Council of American Ambassadors Headquarters.

    “This Is Genocide”: Albanian Journalists Call for Urgent Government Action for Gaza

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    “Council of Albanian Ambassadors condemns Gaza operation, calls for two-state solution”

    Zelensky in Brussels: A ceasefire and clear security guarantees are needed for Ukraine

    Visit to the Council of American Ambassadors Headquarters.

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    The NATO Summit in 2027 will be held in Tirana.

    NATO allies agree to allocate 5% of GDP to defense by 2035

    Reza Pahlavi: “This Is Our Berlin Wall Moment” — Exiled Prince Calls for Global Support as Iran Nears Regime Collapse

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    Russia Proposes Second Round of Ukraine Peace Talks in Istanbul on June 2

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  • Home
  • OP/ED

    The world goes on as usual – unpredictably

    Palestine is decisive for peace in Middle East!

    Azerbaijan dismisses claims of involvement in Israel-Iran conflict

    Elite Purges: Internal Conflict or External Design?

    Trump’s Threat of U.S. Intervention in Iran Exposes Roots of Critics’ Fears

    Crisis-Born, Purpose-Seeking: Can the EPC Define Europe’s Strategic Future?

    Serbia’s Request to the ICJ Turned Resolution 1244 into a Closed Chapter and Kosovo’s Independence into an Internationally Recognized Reality

    Unpredictable world

    Promoting Arab Culture and Language in the Framework of Cultural Diversity and Dialogue.

  • Interview

    “Diplomacy, Not War”: Palestinian Ambassador to Albania Calls for Justice, Peace, and Global Action for Gaza

    Exclusive: “Even After Tito – Tito”/ Ambassador Zlatko Kramarić on Authoritarian Legacies and Democracy’s Future in the Balkans

    The Conclusion of the Diplomatic Mission / Ambassador Dancho Markovski: Strengthening Albania-North Macedonia Relations for a Shared European Future

    A Century of Diplomatic Relations Between Albania and Russia: Exclusive Interview with the Russian Ambassador to Albania, H.E. Alexey Zaytsev

    Exclusive/ The chairman of the Freedom Party, Ilir Meta: “The will of the citizens will triumph in Albania, as it did in North Macedonia”

    Exclusive/ The Russian Ambassador to Albania Mr. Mikhail Afanasiev: Russia only aims to end that war started by the West in Ukraine

    Exclusive/ Skopje’s top diplomat to Tirana, Dancho Markovski: OSCE Chairmanship a Project of National Importance for North Macedonia

    Exclusive interview of Croatian Ambassador Zlatko Kramaric: ‘There is progress in Croatian-Albanian relations, but it is still not enough’  

    The first anniversary of the appointment as Archbishop at the head of the Catholic Church/ Mons. Arjan Dodaj: Only God can be the author of our walk!

  • Realpolitik

    Alaska, a bell toll for Europe! No trade partners but adversaries! Palestina and the two states solution! When Pristina drowns in a spoonful of water!

    Geopolitical equation with several unknowns!

    Summit G 6+1! The historic Summit and Trump show! Zelensky loses 0:2! Winners and losers of the 12 day war!

    Chancellor Merz passed “the exam”! Political stupidity! 5 per cent or study Russian! The Firing East!      

    A top phone call as disappointment! Exit from Brexit! Germany at the helm! End this political shame up!

    That’s it! The quartet of hope! Shame on Kosovo! The Summit of a Community without Identity!

    Only praises and prolises for Meloni! Facts versus untruths! Immediate ceasefire and genuine peace, no deal for new occupation! Back after 60 years !

    US nuclear tariff bomb!! Europa fires back! NATO ok, but with or without Article 5? Kallas urges reforms!

    Europe riarmed! Germany’s epochal shift! Spoiled soup! EU Commissioner Kos demands reforms!

  • Current Events

    “Council of Albanian Ambassadors condemns Gaza operation, calls for two-state solution”

    Alaska, a bell toll for Europe! No trade partners but adversaries! Palestina and the two states solution! When Pristina drowns in a spoonful of water!

    The Americans In, the Russians Down, and the Iranians Out: The Regional Impact of the Armenia- Azerbaijan Peace Agreement

    How Belgrade Keeps the Serb Community in Kosovo Under Political Control

    President Aliyev gives an interview to Azerbaijani media: US-Azerbaijan open new chapter of strategic partnership 

    International recognition of Palestine: Political marketing or genuine change?

    Visit to the Council of American Ambassadors Headquarters.

    “This Is Genocide”: Albanian Journalists Call for Urgent Government Action for Gaza

    Kremlin says Azerbaijan, Russia have entered ‘difficult period’ in bilateral ties

  • Top News

    “Council of Albanian Ambassadors condemns Gaza operation, calls for two-state solution”

    Zelensky in Brussels: A ceasefire and clear security guarantees are needed for Ukraine

    Visit to the Council of American Ambassadors Headquarters.

    China looks forward to Europe viewing bilateral ties in a comprehensive, dialectical, and developing manner: Chinese FM spokesperson

    The NATO Summit in 2027 will be held in Tirana.

    NATO allies agree to allocate 5% of GDP to defense by 2035

    Reza Pahlavi: “This Is Our Berlin Wall Moment” — Exiled Prince Calls for Global Support as Iran Nears Regime Collapse

    Where does Donald Trump stand on the Israel-Iran conflict?

    Russia Proposes Second Round of Ukraine Peace Talks in Istanbul on June 2

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Home ENGLISH

Italy’s Belt and Road Deal Sparks EU Concerns Over Future Relationship

25 March, 2019
in ENGLISH
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Prominent Italian and EU officials are sounding the alarm over Rome’s endorsement of the China-led Belt and Road Initiative, saying Beijing could be seeking to expand its political influence in Europe rather than boost its trading relations with the EU.

Kristian Rouz — The cabinet of Italian Prime Minister Guiseppe Conte endorses China’s Belt and Road investment and trade initiative, making Italy the first G7 nation to sign up to the scheme. The announcement has sparked worries among EU officials, who say the agreement between Rome and Beijing could result in conflicts of interest in China-EU trade.

In a signing ceremony Saturday, Italian Deputy Prime Minister Luigi Di Maio said Rome would uphold its commitments within the EU and the bloc’s trading relations with other Western partners, including the US. However, Italian officials said the Belt and Road could serve as a way to help the struggling Italian economy — despite concern that the deal between Italy and China could produce additional trade tensions.

“This is a very important day for us, a day when Made-in-Italy has won, Italy has won and Italian companies have won,” Di Maio said.

The agreement has reportedly raised questions in Washington, as it comes amid heightened tensions between China and what the US sees as Beijing’s malicious trade practices and forced technology acquisition. Some experts expressed concern China could gain access to breakthrough EU technology through its pact with Italy, while promising billions of investment into the ailing Italian economy.

During Chinese President Xi Jinping’s visit, Italian companies signed $2.8 bln worth of deals with their Chinese counterparts, saying a total value of future deals could reach up to 20 bln euros.

However, the EU appears to be sceptical as its main exporter, Germany, is facing the prospect of stringent US tariffs on cars. In this light, Brussels would rather not irritate Washington — as the US sees Belt and Road as advancing what it calls China’s predatory lending and debt diplomacy across the globe.

The deal between Italy and China comes after EU officials said at a summit this past Friday that China is a ‘systemic rival’, adding that Brussels should develop a strategy to contain the spread of China’s economic and political influence, including in Europe.

However, Xi dismissed such concerns, saying the expansion of Belt and Road into Italy simply represents ‘business as usual’, and does not have any political strings attached./sputnik

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