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Landmark global shipping deal suspended under US pressure

Landmark global shipping deal suspended under US pressure

Summary

A global agreement aimed at reducing emissions from the shipping industry was called off after pressure from Saudi Arabia and the United States. The initiative, set for approval in London by over 100 countries, faced opposition from President Trump, who described it as a "green scam". The International Maritime Organisation's leader expressed concern over the impact of such pressure on future discussions.

Key Facts

  • Over 100 countries met in London to discuss reducing shipping emissions.
  • The deal would have been the first to set international emission targets for the shipping industry.
  • President Trump opposed the deal, calling it a "green scam."
  • The U.S. administration warned countries they might face tariffs if they supported the deal.
  • Saudi Arabia also played a role in stopping the negotiations.
  • The International Maritime Organisation's Secretary General urged countries to avoid similar pressure tactics in the future.
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