Italy has withdrawn itself from China's Belt and Road Initiative after four years of signing up for the project.

MILAN (AP) — Italy has formally withdrawn from China’s global Belt and Road initiative that seeks to deepen relations with foreign countries through infrastructure investments, Italian media reported on Wednesday.

Rome [Italy], December 6 (ANI): Italy has taken an exit from China’s Belt and Road Initiative, four years after becoming the only Group of Seven (G7) nation to sign up for it. The withdrawal was initially reported by the Italian newspaper Corriere della Sera, which stated that Beijing was informed of the much-awaited decision three […]

Italy has withdrawn from China's vast Belt and Road infrastructure initiative, more than four years after becoming the only G7 nation to sign up, a government source said Wednesday.

The Giorgia Meloni-led government in Italy has formally withdrawn from the Belt and Road Initiative of China, four years after signing the project