Russia » Economics
Author`s name Michael Simpson

Comments: Moscow Negative About Baku-Ceyhan Pipeline

The project of the Caspian Pipeline Consortium is unprofitable eitherRussia has confirmed its negative attitude to realization of the Baku-Ceyhan oil pipeline project. A source in the Russian Government states: "We still believe the project is inexpedient from an economic point of view; it is pointless for Russia to participate in the project."

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In response to the unlawful December 1 arrest and detention of Chinese tech giant Huawei's chief financial officer Sabrina Meng Wanzhou by Canadian authorities in Vancouver at the behest of the Trump regime, facing possible unacceptable extradition to the US, Beijing warned its high-tech personnel last month against traveling to America unless it's essential.

China Warns Against Travel to US and Canada