In 2013, Xi unveiled China's planned Belt and Road project; its aim is to accelerate economic advancement and strengthen relations between Eurasian countries.
The signing of the agreement comes during Chinese President Xi Jinping's three-day visit to Italy in an attempt to improve relations with Rome as China is now engaged in a trade war with Washington. Italy's move appears to be driven partly by hopes that Chinese investment in Italy's ports might help revive the country's traditional role as a key link in trade between the East and West.
Italy signed deals worth 2.5 billion euros ($2.8 billion) during Chinese President Xi Jinping's visit to Rome, Deputy Prime Minister Luigi Di Maio said on Saturday, adding that the value of the contracts could rise to 20 billion.
Italy is the first Group of Seven nation to volunteer for a role in the massive global program, with a memorandum of understanding that the two sides formally approved at the Renaissance-era Villa Madama in Rome on Saturday.
They also include an agreement between the ports of Trieste and Genova and the China Communications Construction Co.
Colts Sign Free Agent Pass Rusher Justin Houston
The deal is worth $24 million over two years, NFL Network Insider Ian Rapoport reported, per a source. His 22 sacks that season are still tied for the second-highest single-season total in league history.
French yellow vests protest in Paris amid tighter security
The movement was named after the fluorescent garments that French motorists must carry in their vehicles for emergencies. About 6,000 police officers are deployed in the capital and two drones are helping to monitor the demonstrations.
The Belt and Road Initiative (BRI) is aimed at bolstering Beijing's economic and political reach. European Union leaders in Brussels are preparing a strategy to counter the growing influence of China, which they describe as a "systemic rival".
Some Italian government officials were critical of the deals, anxious that Italy might be ceding national sovereignty in key strategic areas to Beijing.
"This is a very important day for us, a day when Made-in-Italy has won, Italy has won and Italian companies have won", said Di Maio, who signed the memorandum of understanding on behalf of the Italian government in a Renaissance villa.
"That is a good colonialization", he said.
Some governments including the U.S., Japan and India worry that Beijing is trying to build a China-centered sphere of influence that undermines their own sway, pulling developing nations into infrastructure "debt traps" that would give China ever-more control over their territories and economies. Some say the proposed improvements are too expensive for the impoverished countries. Xi said in a speech late past year that even as China moves closer to the center of the world stage, it will never seek hegemony.
While one civilian, Abdul Hamid Mir (60) was rescued yesterday evening, the other hostage was brutally killed by the terrorists. As the joint team of forces approached the suspected house, the hiding militants fired upon them, triggering off an encounter.
Mississippi Governor Phil Bryant signed a bill banning abortion after a fetal heartbeat can be detected into law on Thursday. Critics in MS say that the bill will probably be overturned, and that the state is wasting money by mounting a legal defence.
Capitaine, le Parisien Choupo-Moting a ouvert le score alors que l'ailier de l'OM Njie, entré en jeu, a terminé le travail. Un résultat qui empêche le Gabon de se qualifier pour la CAN, que Pierre-Emerick Aubameyang ne disputera donc pas.
However, data released this week show ICE is arresting more undocumented immigrants without a criminal history than ever before. Saavedra's mental and emotional well-being was "deteriorating" in detention, her husband said. "I am going to keep fighting".
Delta, JetBlue , American Airlines and Southwest have all said that they are working on new gender options for the near future. Passengers who choose to will soon be able to pick a gender option other than male or female when booking their plane tickets.
Pour ces deux dernières, elles seront valables sur un aller-retour incluant un jour de week-end, selon la SNCF . Avec cette nouvelle offre, la SNCF espère doubler le nombre de détenteurs de carte d'ici quelques années.
Canada's Andreescu, who had to save match point in her opening-round match against Irina-Camelia Begu, beat Kenin 6-3 6-3. She hasn't won a tournament since the 2017 Australian Open, before she took a break of more than a year to become a mom.
Why Facebook struck the Christchurch-Video, too late
Facebook also pointed to the additional challenge of potentially flagging innocuous content that resembles offending video. YouTube did not disclose the exact number of videos it removed, but said it was in the tens of thousands.