Malta remains committed to the Chinese government’s Belt and Road initiative despite other European countries considering pulling out of the agreement. The One Belt One Road Initiative, now called the Belt and Road Initiative (BRI), is an ambitious yet controversial undertaking to boost connectivity and trade across the world with Chinese money and know-how in infrastructure development. In 2018, Malta was among the first European countries to sign an agreement with China to partner with the country to implement its President’s vision of the ‘One Belt One Road’ project. “Unlike some of the other 17 EU countries that signed up to Belt and Road Initiative, Malta thus far did not enter in any agreements to implement projects under this initiative,” the ministry said. Italy is the only G-7 nation to have officially endorsed Chinese President Xi Jinping’s signature foreign policy initiative.

Source: Libya Today October 26, 2023 13:50 UTC