Lorenzana said the VFA, which sets out rules for US soldiers operating in the Philippines, has been vital in boosting the capabilities of under-resourced Philippine forces through dozens of annual joint training exercises.
The innovative transaction structure allows ADNOC to tap new pools of global institutional investment capital, whilst maintaining full operating control over the assets included as part of the investment.
Masdar, one of the world’s leading renewable energy companies, has signed an agreement with the Ministry of Investments and Foreign Trade of the Republic of Uzbekistan and JSC National Electric Grid of Uzbekistan to design, finance, build and operate a 500-megawatt utility-scale wind farm project.
Britain on Friday announced its first major post-Brexit trade agreement — a deal with Japan — as its negotiations with the European Union become increasingly fractious.
Upon closing, Aramco will receive upfront proceeds of around US$12.4 billion, further strengthening its balance sheet through one of the largest energy infrastructure deals globally.
The oil-rich North African country has been wracked by bloody turmoil since a 2011 NATO-backed uprising killed long-time dictator Moammar Qadhafi, with multiple foreign powers now involved.
In talks that lasted about eight hours, mediators Russia and Turkey urged the rivals to sign a binding truce and pave the way for a settlement that would stabilise the North African country mired in chaos since the toppling of Muammar Qaddhafi in 2011.
Iranian President Hassan Rouhani dismissed on Tuesday a proposal for a new “Trump deal” aimed at resolving a nuclear row, saying it was a “strange” offer and criticising US President Donald Trump for always breaking promises.
President Donald Trump urged the Afghan people to embrace the chance for a new future, saying the deal held out the possibility of ending the 18-year conflict.
India’s Reliance Industries on Friday announced a $1.5 billion stake sale in digital unit Jio Platforms, a third deal in a little over two weeks that will inject a combined $8 billion in the telecoms-to-energy group to help it pare debt.