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Vladimir Putin feted at Xi Jinping’s global Belt and Road summit

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At a global summit in Beijing, Russian leader Vladimir Putin received special treatment, alongside China’s President Xi Jinping, as the two countries solidified their alliance amid global geopolitical tensions. The event commemorated a decade of China’s Belt and Road Initiative (BRI).

Despite diplomatic scrutiny and an international arrest warrant issued against him, Putin’s close relationship with Xi was evident throughout the summit. The two leaders were prominent during the opening ceremony and engaged in an extended bilateral meeting.

The summit highlighted China and Russia’s mutual opposition to the Western world order, advocating for a multipolar global system. China, positioning the BRI as a means to establish a more equitable world order, emphasized principles of cooperation, inclusivity, and sustainable development.

While the BRI has stimulated development, it has also faced criticism for fostering debt dependency and environmental degradation. The summit saw participation from various countries, particularly from Africa, Southeast Asia, and South America, including Hungarian Prime Minister Viktor Orban and representatives from the Afghan Taliban government.

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Defense Minister Criticizes Italy’s Decision to Join China’s Belt and Road Initiative

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Italy’s Defense Minister, Guido Crosetto, criticized the country’s decision to join China’s Belt and Road Initiative (BRI), calling it “improvised and atrocious.” Crosetto claimed that the initiative had not effectively boosted Italy’s exports, making China the primary beneficiary.

In 2019, Italy became the first developed economy to join the BRI, a move that was met with criticism from its Western allies. The BRI aims to connect China with Europe and other regions through infrastructure projects, but critics view it as a means for China to expand its influence.

Crosetto expressed the need to find a way to withdraw from the BRI without damaging relations with Beijing. Prime Minister Giorgia Meloni had previously mentioned the possibility of talks with China about potential withdrawal. The deal is set to be automatically renewed in March 2024 unless Italy formally requests to withdraw by December of this year.

China has been actively campaigning to persuade Italy to renew the agreement, emphasizing the mutually beneficial cooperation and fruitful results achieved through the BRI.

Picture Courtesy: Google/images are subject to copyright