Italy's reported plan to withdraw from China's Belt and Road Initiative could set a precedent for other countries to Exit the program. Italy is the only G7 country that is a signatory of the initiative, but it is now under pressure to reassess its relationship with China as it assumes the rotating presidency of the G7 in 2024. If Italy withdraws with collaboration and without informal sanctions, it could encourage other Western and Eastern European countries, many of which are skeptical of China's role, to also exit. Italy has until December to formally withdraw or its membership will continue for another five years.

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