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TEHRAN, Mar 24 - Italy signed a preliminary accord with China on Saturday that makes it the first country of the Group of Seven industrialized nation to join the Chinese Belt and Road infrastructure project.
TEHRAN, Young Journalists Club (YJC) - Around 30 parallel deals were signed on the sidelines of the visit to Rome by Chinese President Xi Jinping, including 10 with Italian companies and others with ministries and public bodies.
Italian Deputy Prime Minister Luigi Di Maio said the deals were worth an initial 2.5 billion euros ($2.8 billion) but had a potential value of 20 billion.
The deal included banking, international investment, energy, and transportation.
Source: Reuters
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