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China, Italy pledge to deepen cooperation

Italy and China held a round of high-level financial talks in Milan on Wednesday, pledging to deepen their cooperation in the finance sector, and restating support for multilateral trade. Italian Minister of Economy and Finance Giovanni Tria and Chinese Finance Minister Liu Kun co-chaired the "First Italy-China Finance Dialogue", months after the signing in Rome of a Memorandum of Understanding on the Belt and Road Initiative. The event was preceded by a financial forum involving key public and private stakeholders from both countries, with different panels of experts addressing topics ranging from world macro economics to global finance, and from banking and insurance to investment. "Both sides reaffirm their commitment to deepen and broaden bilateral economic and financial relations," the two ministers said in a joint declaration after the dialogue.

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