Italy and China Sign Three-Year Cooperation Deal
Prime Minister Giorgia Meloni's visit to Beijing aims to reset relations and address trade imbalances.
- Italy exited China's Road Initiative last year, seeking a new phase of cooperation.
- The agreement covers strategic sectors like electric vehicles, renewable energy, and aerospace.
- Meloni emphasizes fairer trade relations and increased Chinese investment in Italy.
- China pledges to open its markets further and ensure equal treatment for foreign companies.
- Both nations aim to resolve ongoing trade tensions by early November.