”The governments of France, Italy, the United Kingdom, and the United States are deeply concerned about the announcement that the Ras Lanuf and Sidra oil fields and facilities will be transferred to the control of an entity other than the legitimate National Oil Corporation,” reads a joint statement issued on Wednesday. ”Any attempts to circumvent the UN Security Council’s Libya sanctions regime will cause deep harm to Libya’s economy, exacerbate its humanitarian crisis, and undermine its broader stability,” it added. Source ANSAmed
The European Union will seek Asian support for free trade, the Iran nuclear deal and combating global warming at a regional summit on Thursday that includes China, Japan and Russia as a counterbalance to a more protectionist United States. Source: Reuters
Meeting in Russia’s Black Sea resort of Sochi, the Russian and Egyptian presidents have signed what officials describes as a strategic cooperation treaty designed to increase trade, military, and other ties between the two nations. Source: Radio Free Europe
The Trump administration said on Wednesday that it intends to pull the US out of a 144-year-old international postal alliance, citing a “flawed system” that allows developing countries like China to ship goods around the world more cheaply. Source: South China Morning Post
