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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.
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