ONE year ago,Italy became the first member in the G7 group to sign a memorandum of understanding(MoU)to join the Belt and Road Initiative.President Xi Jinping’s state visit to Italy in March last year has reaped great results.Michele Geraci,undersecretary of economy at the time,who was,among other things,responsible for international commerce,and a supporter of the MoU,declared,“The specific results of this agreement will depend on how the tasks related to international commerce are managed,from the Ministry of Economy to the Ministry of Foreign Affairs.”