Italy and Germany Seek International Deal to Curb Chinese Control Over Raw Material Prices

Italy and Germany are proposing an international agreement to regulate raw material prices and reduce Chinese market dominance through global cooperation.

Insights:
Italian Foreign Minister Antonio Tajani antonio tajaniannounced on Friday, January 23, 2026, that Italy ITITand Germany DEDEare advocating for a new international agreement to control the pricing of raw materials. Speaking at an Italian-German business forum in Rome, Antonio Tajaniemphasized that the two nations aim to diminish the pricing influence held by China CNCNover global commodity markets.
FILE PHOTO: Italian Foreign Minister Antonio Tajani attends a joint press conference to discuss the latest developments in Ukraine and security in Europe at Villa Madama in Rome, Italy, on June 12, 2025. REUTERS/Guglielmo Mangiapane/File Photo
FILE PHOTO: Italian Foreign Minister Antonio Tajani attends a joint press conference to discuss the latest developments in Ukraine and security in Europe at Villa Madama in Rome, Italy, on June 12, 2025. REUTERS/Guglielmo Mangiapane/File Photo
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