#world

Belgium, Brussels: Following the meeting of high-level representatives from governments around the world, along with representatives from the global steel industry, held in Brussels on 18 April, the governments of Canada, the European Union, Japan, Mexico, the Republic of Korea, Switzerland, Turkey and the United States issued a significant statement noting two relevant issues.

International Finance Corporation (IFC), a member of World Bank Group, has granted $375 million in financing to an Iraq-based power company Mass Global Energy Sulimaniya to fund the development of power projects and energy infrastructure in Iraq.

State Grid Corporation of China, the world’s biggest utility, plans to invest $350 billion into expansion of its power transmission network by 2020.