Vienna has no intention of ditching Nord Stream 2 despite US pressure – Austrian president


Vienna has no intention of ditching Nord Stream 2 despite US pressure – Austrian president

Austrian President Alexander Van der Bellen says Vienna has no plans to withdraw from the Russian-led Nord Stream 2 gas pipeline project as the country’s energy giant, OMV, has made huge investments in the enterprise.
“Austria is not going to leave the Nord Stream 2 project, and Austrian oil and gas corporation OMV especially,” Van der Bellen said during a joint news conference after talks with Russian President Vladimir Putin ahead of the Sochi Dialogue Forum.

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China & South Africa to back India’s WTO proposal for protecting developing nations confronted by US


China & South Africa to back India’s WTO proposal for protecting developing nations confronted by US

India’s proposal to safeguard the right of special provisions for emerging economies that have been challenged by Washington will be supported by Chinese and South African authorities, according to the Economic Times.
The Indian government is currently seeking to amend regulations on unilateral action by members on trade issues. The topic is set to be discussed during a two-day ministerial meeting kicking off in New Delhi on Monday.