Italy PM Meloni Mentions China as 'Important Interlocutor'

Giorgia Meloni, the Prime Minister of Italy has given a remark when she met President Xi Jinping in Beijing, mentioning China as an ‘important interlocutor’ in managing global tensions. In return, President Xi hailed the ‘long-established friendly’ ties in addition to ‘tolerance, mutual trust and mutual respect’ between the two, i.e., Beijing and Rome.

Additionally, a 3-year plan has been signed between PM Meloni and Chinese Premier Li Qiang during Meloni’s first trip to China. Rome has passed the statement saying the massive Chinese investment scheme that holds a primary aim to promote bilateral trade, has gained less than the expectations.

President Xi said, “Both sides face important opportunities for mutual development. Beijing welcomes Italian companies that invest in China and is willing to import more high-quality Italian products.”

Adding to the statement, investment bank Natixis’ chief economist for the Asia Pacific region, Alicia Garcia-Herrero said, “Every country which is a [BRI] member knows that China is first and they are second and I don't think Italy as a G7 member wanted to be grouped together with Russia, Pakistan or Sri Lanka.” This agreement between Italy PM and President Xi shall benefit both the sides and equally help them to grow.