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Showing posts with the label agreement

China touts the benefits of its 'Belt and Road' initiative to Italy, which may end the agreement

China's foreign minister is seeking to sell his Italian counterpart on the benefits of leader Xi Jinping's signature “Belt and Road” initiative of Chinese-built and -funded infrastructure projects, as Rome considers whether to renew the agreement BEIJING -- China’s foreign minister is seeking to sell his Italian counterpart on the benefits of leader Xi Jinping’s signature “Belt and Road” initiative of Chinese-built and -funded infrastructure projects, as Rome considers whether to renew the agreement . In a Monday meeting, Wang Yi told Antonio Tajani that bilateral trade had grown from $50 billion to nearly $80 billion and that Italy’s exports to China increased by around 30% over the past five years. While the figures haven’t been corroborated, Italy’s conservative government has cast doubt on the benefits of the arrangement. In 2019, Italy became the only European country to sign on to the initiative under then-premier Giuseppe Conte, and it is not expected to be extended w...

US and Kenya sign defense agreement ahead of planned Haiti deployment

The U.S. and Kenya have signed a defense agreement that will see the East African nation get resources and support for security deployments as it is poised to lead a multi-national peacekeeping mission to Haiti to combat gang violence NAIROBI, Kenya -- The U.S. and Kenya signed a defense agreement Monday that will see the East African nation get resources and support for security deployments as it is poised to lead a multi-national peacekeeping mission to Haiti to combat gang violence. U.S. Defense Secretary Lloyd Austin and Kenya’s Defense Minister Aden Duale signed the accord at a meeting in the Kenyan capital, Nairobi. The agreement guides the countries' defense relations for the next five years as the war in East Africa against the al-Qaeda linked al-Shabab extremist group intensifies. Austin thanked Kenya for volunteering to take the leadership of the Haiti multi-national force and reiterated that the U.S government would work with Congress to secure the $100 million in fundin...

Historic biodiversity agreement reached at U.N. conference

Negotiators reached a historic deal at a U.N. biodiversity conference early Monday that would represent the most significant effort to protect the world’s lands and oceans and provide critical financing to save biodiversity in the developing world MONTREAL -- Negotiators reached a historic deal at a U.N. biodiversity conference early Monday that would represent the most significant effort to protect the world’s lands and oceans and provide critical financing to save biodiversity in the developing world. The global framework comes a day before the United Nations Bio diversity Conference, or COP15, is set to end in Montreal. China, which holds the presidency at this conference , released a new draft earlier in the day that gave the sometimes contentious talks much-needed momentum. The most significant part of the agreement is a commitment to protect 30% of land and water considered important for biodiversity by 2030. Currently, 17% of terrestrial and 10% of marine areas are protecte...