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The companies had sought to tackle over-capacity and other challenges in the steel industry via the joint venture but the European Commission said the deal could result in price hikes.
China and Russia defended their vetoes of a strongly backed US resolution that would have imposed tough new sanctions on North Korea at a first-ever General Assembly meeting
While calling it a 'piecemeal initiative', India has presented serious concerns over the United National General Assembly draft resolution regarding veto power usage.
Two days into Russia's attack on Ukraine, a majority of UN Security Council members voted to demand that Moscow withdraw. One thing stood in their way: a veto by Russia itself.
With China blocking India's bid to ban Pathankot terrorist Masood Azhar in UN Sanctions Committee, India's representative in UN said each of 15 members in the committee now have a veto