News Snapshot:
The former president of Engie, a gas utility entity, was appointed by French President Emmanuel Macron as a special ambassador to a multinational rail and port project that links South Asia and the Middle East and is seen as a rival to China’s Belt and Road program. Macron wants “France to become a key player in this project” and make sure French companies are best-positioned in the project’s early stages, which is why he named energy sector veteran Gerard Mestrallet, according to a statement released by his office on Monday. The India-Middle East-Europe Economic Corridor (IMEC), which was introduced in...
