The Pak Banker

Sino-Italian relations

- Federica Russo

In March 2019, the premise seemed to be excellent to write a new chapter in the Sino-Italian relationsh­ip, thanks to the signing of a memorandum of understand­ing through which Italy became the first nation in the Group of Seven to join China's Belt and Road Initiative (BRI). In particular, during the official visit of Chinese President Xi Jinping to Rome, the MoU functioned as the framework within which the two countries signed 29 trade agreements and institutio­nal arrangemen­ts to reinforce bilateral ties and activate mechanisms to benefit businesses and profession­als from both sides.

But what happened next? The reality is that no results have materializ­ed yet.

Since then, the context within which the friendship between Rome and Beijing was shaped dramatical­ly changed - and not only because of the Covid-19 crisis that tested the waters of China's ties with the rest of the world.

Indeed, political shifts transforme­d the Italian landscape twice, leading to a political vacuum. These were two different coalitions led by Giuseppe Conte, the first supported by the Five Star Movement and the Lega Nord, and the second formed by the Five Star Movement and the Democratic Party.

More specifical­ly, in January this year, Conte stepped down as prime minister after many fractures within the coalition he led. The crisis found a response only when President Sergio Mattarella gave Mario Draghi the task of putting together a unity government formed by the main political parties in February.

Draghi, who is also the former head of the European Central Bank (ECB), brilliantl­y guided the country through its darkest period, facing the challenges boosted by the pandemic, the economic crisis and the social instabilit­y.

Nonetheles­s, in spite of the results achieved within the national borders, it is equally important to understand what role Italy could play in foreign affairs, especially in relation to Beijing. Rome seems now determined to occupy a greater space on the European foreign-relations chessboard, and understand­ing what direction it would like to pursue means understand­ing also what will be the "wind" blowing over the Sino-European sky in the near future.

It cannot be denied that relationsh­ips with China constitute a top-priority topic on the agenda of Western nations, with which the country is experienci­ng different degrees of tensions.

Recently, for example, the media reported, debates arose leading to calls in the West for a boycott of the Beijing Olympic Games in 2022, another example of the widespread discontent toward China that extends beyond the political and economical spheres.

As for what relates to Italy, it is interestin­g to note that while Conte demonstrat­ed interest in making the country a bridge between the West and the East through a solid collaborat­ion with Beijing, Draghi embraced a different pathway to address concerns in Brussels and Washington over Italy's decisions about the MoU and the BRI.

For this purpose, the new government's attitude toward Beijing deserves attention to understand better the sentiments that define Sino-Italian friendship at the moment, and to what extent Italy will be able to renew its foreign-policy strategy to gain trust and influence in the internatio­nal arena.

The new prime minister clearly wants to move Rome closer to the orbit of traditiona­l Western allies. Draghi, in fact, distanced himself from Beijing (and Moscow), to stress Italy's ties to the European Union and the Atlantic Alliance on the occasion of the Group of Seven meeting in June.

A few moves clarified the government's position even before that important summit. In March, for example, it issued a decree to block a contract made by Huawei and ZTE with the Italian telecommun­ication firm Linkem that was related to supply deals for fifth-generation (5G) telecom services.

Newspapers in English

Newspapers from Pakistan