NewzIntel.com

Category: China

  • MIL-OSI: KraneShares Expands Single-Stock Levered ETF Suite With 2X Investment Exposure to Mercado Libre (KMLI)

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 12, 2025 (GLOBE NEWSWIRE) — Krane Funds Advisors (“KraneShares”), an asset management firm known for its global exchange-traded funds (ETFs), today announced the expansion of its Single-Stock Levered ETF Suite with the KraneShares 2X Long MELI Daily ETF (Ticker: KMLI), which listed today.

    KMLI seeks daily investment results, before expenses and fees, of 2 times (200%) the daily percentage change of Mercado Libre, a key player in the digitalization of commerce in the developing world.

    Mercado Libre is Latin America’s most popular E-Commerce platform, beating out Amazon in the region in terms of users.1 Mercado Libre helps power the digital transformation in 18 developing and middle-income countries through frictionless commerce and financial inclusion.2

    “Global consumer internet companies continue to represent an important growth theme, as internet adoption increases, especially in the developing world,” said James Maund, KraneShares Head of Capital Markets. “We are excited to expand our Single-Stock Levered ETF Suite with KMLI, whose underlying exposure, Mercado Libre, is a cornerstone of the digital transformation in Latin America. We hope to continue to expand the Suite to help our investors capitalize on the latest growth trends within international internet and technology markets.”

    The global middle class already accounts for two-thirds of global spending,3 and an increasing portion of that spending is occurring online. Mercado Libre is an innovative player facilitating this transition and stands to benefit substantially from increasing E-Commerce penetration rates in global markets.

    For more information on the KraneShares Single Stock Levered ETFs, please visit https://kraneshares.com/kmli or consult your financial advisor.

    Investors should be aware that they can lose their entire investment. Single-stock ETFs, unlike traditional ETFs that diversify across a range of stocks, focus solely on the performance of a single stock, significantly increasing investment risk. KraneShares Single Stock Levered ETFs aim for daily investment results that match 2x the daily performance of the underlying stock. Investors should be aware that returns may diverge from the stock’s actual performance if held for more than a day.

    Due to their leveraged nature, these funds require close monitoring, as they can magnify both potential gains and losses. A flat performance of the underlying stock may lead to a loss, and in certain scenarios, these funds can incur losses even when the stock price fluctuates positively or negatively over several days. Therefore, they are not suitable for every investor and are specifically intended for knowledgeable individuals who grasp the mechanics of leveraged investing and are willing to actively manage risks. Understanding volatility is essential, as minor stock movements and increased volatility can result in returns that significantly deviate from the expected target.

    About KraneShares

    KraneShares is a specialist investment manager focused on China, Climate, and Alternatives. KraneShares seeks to provide innovative, high-conviction, and first-to-market strategies based on the firm and its partners’ deep investing knowledge. KraneShares identifies and delivers groundbreaking capital market opportunities and believes investors should have cost-effective and transparent tools for attaining exposure to various asset classes. The firm was founded in 2013 and serves institutions and financial professionals globally. The firm is a signatory of the United Nations-supported Principles for Responsible Investment (UN PRI).

    Citations:

    1. Westberg Peter. “Mercado Libre: The Digital Backbone of Latin America,” Quartr. January 3, 2025.
    2. Company Reports as of 12/31/2025.
    3. Data from Brookings Institution as of 12/31/2021.

    Important Notes:

    Carefully consider the Fund’s investment objectives, risk factors, charges, and expenses before investing. This and additional information can be found in the Fund’s full and summary prospectus, which may be obtained by visiting: www.kraneshares.com/kmli. Read the prospectus carefully before investing.

    Risk Disclosures:

    Investing involves risk, including possible loss of principal. There can be no assurance that a Fund will achieve its stated objectives. Indices are unmanaged and do not include the effect of fees. One cannot invest directly in an index.

    This information should not be relied upon as research, investment advice, or a recommendation regarding any products, strategies, or any security in particular. This material is strictly for illustrative, educational, or informational purposes and is subject to change. Certain content represents an assessment of the market environment at a specific time and is not intended to be a forecast of future events or a guarantee of future results; material is as of the dates noted and is subject to change without notice.

    The Fund may invest in derivatives, which are often more volatile than other investments and may magnify Fund’s gains or losses. Derivatives (i.e., futures/forward contracts, swaps, and options) are contracts that derive their value from the performance of underlying assets. The primary risk of derivatives is that changes in the assets’ market values and the derivatives may not be proportionate, and some derivatives can have the potential for unlimited losses. Derivatives are also subject to liquidity and counterparty risks. The Fund is subject to liquidity risks, meaning that certain investments may become difficult to purchase or sell at a reasonable time and price. If transactions for these securities are large, it may not be possible to initiate them, which may cause the Fund to suffer losses. Counterparty risks are the risks of loss in the event that the counterparties to an agreement fail to make required payments or otherwise comply with the terms of the derivatives.

    The Underlying Stocks are exposed to numerous risks that can impact their revenues and viability, such as price volatility, management, inflation, global economic conditions, and natural disasters. Their performances may be influenced by trends in commerce, cloud computing, international trade policies, and regulatory changes. The Fund’s daily returns rely on the Underlying Stocks’ performances and volatility. Issuer-specific factors may increase Fund investment volatility compared to the overall market. Mercado Libre faces risks from competition in E-Commerce, economic uncertainties, demand declines, revenue concentration, geopolitical events, intellectual property issues, exchange rates, reliance on third-party manufacturing, shortages, cybersecurity threats, system failures, rising costs, government regulations, compliance expenses, litigation, taxes, debt, and talent retention.

    The Fund aims for daily investment results of 200% of the daily percentage changes of the Underlying Stock. Their performances over longer periods will likely differ from the Underlying Stock due to compounded returns, which significantly affect leveraged funds. If the Underlying Stock perform poorly, the dollar losses for shareholders will be smaller if their investments have already decreased. Conversely, if the stocks perform well, future losses will be larger as the investment values have increased. Compounding effects become more pronounced with higher volatility and longer holding periods, impacting shareholders differently based on their investment durations and the stocks’ volatility. Various factors can impact the Fund’s correlations with Underlying Stocks, and achieving high correlations is not guaranteed. If the Fund fails to achieve correlation, they may not meet their investment objectives, with NAV changes varying significantly from 200% of the Underlying Stocks’ changes. To maintain correlations, the Fund’s attempt daily rebalancing for consistent exposures. Major deviations can increase leverage risks. Market disruptions and volatility can hinder the Fund’s ability to adjust. Target exposures fluctuate, making perfect 200% exposures unlikely, especially on volatile days. Other elements, like fees and market conditions, can also affect correlations. The Fund may change positions for tax efficiency, which could harm correlations. Large asset movements or trading discrepancies may lead to under- or overexposures, reducing the Fund’s ability to meet their daily objectives. The Fund uses leverage to gain investment exposure beyond their net assets, leading to potentially greater losses in adverse conditions than non-leveraged funds. A decline in the Underlying Stocks’ daily performance can magnify losses, decreasing the Fund’s value by 2% for each 1% drop, excluding costs. Losses could exceed net assets if the Underlying Stock falls over 50%. Due to limited investments, the Fund may need to limit or suspend the creation or redemption of Creation Units. During these times, shares might trade at significant premiums or discounts to their net asset values. If creations are halted, large redemptions could force the Fund to sell securities at unfavorable prices, increasing costs and taxable distributions to shareholders. The Underlying Stock is listed on an exchange, but an active trading market isn’t guaranteed, and trading can be halted. A halt in the Underlying Stock usually leads to a halt in the Fund’s shares. Trading may stop due to market conditions or exchange decisions, and halts can occur from extraordinary volatility under circuit breaker rules. Extended trading halts may hinder the Fund’s ability to arrange necessary swaps for its investment strategy.

    Narrowly focused investments typically exhibit higher volatility. The Fund’s assets are expected to be concentrated in a single stock. The securities or futures in that concentration could react similarly to market developments. Thus, the Fund is subject to loss due to adverse occurrences that affect that concentration. In addition to the normal risks associated with investing, investments in smaller companies typically exhibit higher volatility. KMLI is non-diversified.

    The Latin American economy is an emerging market, vulnerable to domestic and regional economic and political changes, often showing more volatility than developed markets. Companies face risks from potential government interventions, and the export-driven economy is sensitive to downturns in key trading partners, impacting the Fund. Regulatory standards in these markets are less stringent than in the U.S., resulting in limited information about issuers. Tax laws are unclear and subject to change, potentially impacting the Fund and leading to unexpected liabilities for foreign investors. The economies of certain Latin American countries have experienced high interest rates, economic volatility, inflation, and high unemployment rates. Fluctuations in the currencies of foreign countries may have an adverse effect on domestic currency values. The Fund is new and does not yet have a significant number of shares outstanding. If the Fund does not grow in size, it will be at greater risk than larger funds of wider bid-ask spreads for its shares, trading at a greater premium or discount to NAV, liquidation and/or a trading halt.

    ETF shares are bought and sold on an exchange at market price (not NAV) and are not individually redeemed from the Fund. However, shares may be redeemed at NAV directly by certain authorized broker-dealers (Authorized Participants) in very large creation/redemption units. The returns shown do not represent the returns you would receive if you traded shares at other times. Shares may trade at a premium or discount to their NAV in the secondary market. Brokerage commissions will reduce returns. Beginning 12/23/2020, market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates the current NAV per share. Prior to that date, market price returns were based on the midpoint between the Bid and Ask price. NAVs are calculated using prices as of 4:00 PM Eastern Time.

    The KraneShares ETFs and KFA Funds ETFs are distributed by SEI Investments Distribution Company (SIDCO), 1 Freedom Valley Drive, Oaks, PA 19456, which is not affiliated with Krane Funds Advisors, LLC, the Investment Adviser for the Fund, or any sub-advisers for the Fund.

    Contact:
    KraneShares Investor Relations
    info@kraneshares.com

    The MIL Network –

  • MIL-OSI: TransUnion Analysis Reveals Massive Performance Gap Between Best and Worst Audience Targeting Decisions

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, June 12, 2025 (GLOBE NEWSWIRE) — An analysis from TransUnion (NYSE: TRU) sheds new light on the impact of audience composition on marketing performance, showing that making the best targeting decisions can have a compounding effect on return on ad spend (ROAS}—an upside of up to 9x.

    The analysis, based on real-world campaigns from 25 TransUnion measurement clients across five verticals, revealed a widening performance gap as audiences became more targeted: An audience built with two optimal consumer traits had a 3.6X ROAS upside, while an audience with three optimal traits had a 7.2X ROAS upside.

    Conversely, the analysis also highlights the risk of making sub-optimal targeting decisions, i.e., the more campaigns were targeted to the wrong audience segments, the worse they performed. At the farthest end of that spectrum, mistargeted campaigns saw –90% ROAS, placing fresh emphasis on the importance of audience building to the bottom line.

    “In a world with thousands of targeting choices, the challenge is selecting the most effective option from many that appear similar,” said Matt Spiegel, EVP of TruAudience Growth Strategy. “Our data proves that even within common attributes like income or age, the performance difference can be massive.”

    Positive and Negative Impact of Targeting Sophistication on ROAS

      Single
    Characteristic
    Audience    		 Two
    Characteristics
    Combined    		 Three
    Characteristics
    Combined    		 Four
    Characteristics
    Combined    		 Six
    Characteristics
    Combined
    Correct
    Decisions    		 97% 3.6X 7.2X 8.3X 9X
    Wrong
    Decisions    		 -49% -78% -88% -89% -90%

    The analysis evaluated 26 targeting attributes across six distinct categories such as age, income, presence of children, and neighborhood type. The findings showed that even subtle variations in targeting led to significant swings in return on ad spend — reinforcing the need for smarter audience strategy.

    Rather than defaulting to broad assumptions — like “go after high income” or “target by age group” — marketers have an opportunity to uncover more precise combinations, often where they least expect them. The analysis reveals just how much performance can hinge on thoughtful, data-backed audiences.

    “This isn’t guesswork — it’s measured behavior,” said Mike Finnerty, SVP Marketing Solutions at TransUnion. “Recognizing the impact of the best targeting decisions on the bottom line and pulling out actionable insights is only possible when you have a persistent view of identity that runs through every marketing activity, from planning to measurement.”

    Ultimately, this analysis illustrates the true potential of multi-dimensional targeting, putting it alongside engaging creative as a key driver of marketing performance.

    “In today’s marketing landscape, great creative and thoughtful precise targeting are both needed to create the best outcomes. And it is worth noting that targeting decisions by themselves, especially more advanced targeting strategies, are independently impactful,” concluded Spiegel.

    Click here to learn more about TruAudience audience solutions.

    Methodology
    The analysis is based on Q4 2024 campaign data from 25 brands across five industries, with at least two brands per industry. Quarterly spend ranged from $5 million to over $100 million per brand. In total, $1.5 billion in campaign spend and over 18.4 billion events across a broad set of addressable paid media channels, including audio, connected TV, display, search, social and video were analyzed using TransUnion’s MTA platform and TruAudience® identity graph. Return on ad spend reflects actual ad exposure and conversion outcomes at the household level.

    About TransUnion (NYSE: TRU)
    TransUnion is a global information and insights company with over 13,000 associates operating in more than 30 countries. We make trust possible by ensuring each person is reliably represented in the marketplace. We do this with a Tru™ picture of each person: an actionable view of consumers, stewarded with care. Through our acquisitions and technology investments we have developed innovative solutions that extend beyond our strong foundation in core credit into areas such as marketing, fraud, risk and advanced analytics. As a result, consumers and businesses can transact with confidence and achieve great things. We call this Information for Good® — and it leads to economic opportunity, great experiences and personal empowerment for millions of people around the world. http://www.transunion.com/business

    The MIL Network –

  • MIL-OSI China: China appoints new special representative for Eurasian affairs

    Source: People’s Republic of China – State Council News

    BEIJING, June 12 — China has appointed Sun Linjiang as Special Representative of the Chinese Government on Eurasian Affairs, a foreign ministry spokesperson announced on Thursday.

    Sun, a veteran diplomat familiar with Eurasian affairs, will replace Li Hui, spokesperson Lin Jian said at a daily news briefing.

    “We believe Sun will actively fulfill his duties and establish good working relationships with all parties. He will make every effort to deepen the traditional friendship and mutually beneficial cooperation between China and the Eurasian countries and promote the common development and prosperity of the region,” Lin said.

    MIL OSI China News –

  • MIL-OSI China: Chief of National Railway Administration under investigation

    Source: People’s Republic of China – State Council News

    Fei Dongbin, chief of China’s National Railway Administration, is under investigation for suspected severe violations of discipline regulations and the law.

    Fei is also secretary of the administration’s leading Party members group and a member of the leading Party members group of the Ministry of Transport.

    The investigation is being conducted by the Communist Party of China Central Commission for Discipline Inspection and the National Commission of Supervision, according to a statement released on Thursday.

    MIL OSI China News –

  • MIL-OSI China: China to enhance review, approval of rare-earth export license applications: Commerce ministry

    Source: People’s Republic of China – State Council News

    An undated file phto shows the entrance to China’s Ministry of Commerce in Beijing. [Photo/Xinhua]

    China will continue to enhance its review and approval of compliant export license applications for rare-earth-related items, a spokesperson for the country’s Ministry of Commerce said on Thursday.

    Spokesperson He Yadong made the remarks at a regular press briefing when answering a relevant question.

    In accordance with laws and regulations, China has reviewed and approved a certain number of export license applications for rare-earth-related items, taking the reasonable demands and concerns of various countries for the civilian purposes fully into account, He said.

    Rare-earth-related items have dual-use attributes, with both military and civilian purposes, the spokesperson stressed, noting that imposing export controls on such items is in line with international practices.

    China will continue enhancing its review of compliant applications, and is ready to enhance communication and dialogue on export controls with relevant countries to facilitate compliant trade, the spokesperson said.

    MIL OSI China News –

  • MIL-OSI China: China-Africa expo opens with focus on economic ties, new deals

    Source: People’s Republic of China – State Council News

    A file photo taken on May 9, 2024 shows a view of the China-Africa Economic and Trade Expo (CAETE) in Africa (Kenya) 2024 in Nairobi, Kenya. [Photo/Xinhua]

    The fourth China-Africa Economic and Trade Expo opened on Thursday in the central Chinese city of Changsha, highlighting the commitment of the world’s largest developing country to strengthening ties with Africa, the continent with the largest number of developing nations.

    Nearly 4,700 Chinese and African companies as well as over 30,000 participants will attend the four-day event, themed “China and Africa: Together Toward Modernization.” The value of cooperation projects preliminarily agreed upon surpasses 11 billion U.S. dollars, according to organizers.

    Chinese Foreign Minister Wang Yi attended the opening ceremony on Thursday, expressing the belief that the expo will create more opportunities for China-Africa cooperation and yield more results.

    “No matter how the international landscape may change, China will always stand firmly with Africa, offering strong support for the continent’s modernization and serving as a true friend and sincere brother in Africa’s journey toward development,” said Wang, who is also a member of the Political Bureau of the Communist Party of China Central Committee.

    Ugandan Prime Minister Robinah Nabbanja, Liberian Vice President Jeremiah Kpan Koung and Kenyan Prime Cabinet Secretary and Cabinet Secretary for Foreign and Diaspora Affairs Musalia Mudavadi also attended the opening ceremony.

    Achieving modernization is a shared aspiration of the more than 2.8 billion people in China and Africa, and a key theme of a China-Africa community of a shared future, Wang said.

    He said China will continue to carry out exchanges of governance experience with African countries and strengthen the synergy of development strategies between the two sides to fast-track the implementation of the ten partnership actions for modernization.

    Wang pledged China’s efforts to further open up to Africa by signing more deals of economic partnerships and encouraging the import of more African goods.

    China will also deepen practical cooperation to facilitate Africa’s industrialization and digital transformation, Wang added.

    MIL OSI China News –

  • MIL-OSI China: China’s foreign trade shows resilience amid complex global environment: ministry

    Source: People’s Republic of China – State Council News

    This aerial photo taken on March 13, 2023 shows a container terminal of Taicang Port, east China’s Jiangsu province. [Photo/Xinhua]

    China’s Ministry of Commerce on Thursday said that the country’s foreign trade has demonstrated resilience and vitality so far this year despite a complex external environment, with growth recorded in both the scale and quality of trade in goods.

    In the first five months of this year, China’s imports and exports with Belt and Road partner countries, ASEAN member states and Africa grew 4.2%, 9.1% and 12.4%, respectively, according to ministry spokesperson He Yadong.

    These figures show that China’s trade network is becoming increasingly diverse, with emerging markets driving incremental growth, He said at a regular press briefing.

    The country’s high-tech and high-value-added products have become more competitive, with exports of electromechanical products rising 9.3% in the first five months of the year, accounting for 60% of China’s total exports.

    During the same period, imports and exports by private enterprises grew 7%, accounting for 57.1% of China’s total foreign trade.

    In the face of a complex and volatile external environment, China will steadfastly expand its high-standard opening-up and address the uncertainty of drastic changes in the external environment with the certainty of its own high-quality development, the spokesperson said.

    China looks forward to working with more trade partners to address risks and challenges, and to promote mutually beneficial cooperation, he added.

    MIL OSI China News –

  • MIL-OSI China: China urges US to adhere to WTO rules, work with China to promote trade relations

    Source: People’s Republic of China – State Council News

    A file photo shows the national flags of China (R) and the United States as well as the flag of Washington D.C. on the Constitution Avenue in Washington, capital of the United States. [Photo/Xinhua]

    China has urged the United States to adhere to World Trade Organization (WTO) rules and work with China, based on the principles of mutual respect, peaceful coexistence, and win-win cooperation, to jointly promote the stable and sustainable development of China-U.S. economic and trade relations, a spokesperson with the Ministry of Commerce said Thursday.

    Spokesperson He Yadong made the remarks at a regular press briefing while answering a relevant question, noting that China’s position against unilateral tariff increases is consistent.

    He said that from June 9 to 10, the economic and trade teams of China and the United States held the first meeting of the China-U.S. economic and trade consultation mechanism in London.

    The two sides reached principled agreement on implementing the important consensus reached by the two heads of state during their phone call on June 5 and the framework of measures to consolidate the outcomes of the economic and trade talks in Geneva, and made new progress in addressing each other’s economic and trade concerns.

    Next, the two sides will make better use of the China-U.S. economic and trade consultation mechanism, maintain communication and dialogue, enhance consensus, reduce misunderstanding, and strengthen cooperation to jointly promote the stable and long-term development of China-U.S. economic and trade relations, He said.

    MIL OSI China News –

  • MIL-OSI Asia-Pac: CDP attends 2025 Guangdong-Hong Kong-Macao Software Industry High-quality Development Conference, 13th Guangdong-Hong Kong Cloud Computing Conference and 8th Guangdong-Hong Kong-Macao ICT Conference in Guangzhou (with photos)

    Source: Hong Kong Government special administrative region

    CDP attends 2025 Guangdong-Hong Kong-Macao Software Industry High-quality Development Conference, 13th Guangdong-Hong Kong Cloud Computing Conference and 8th Guangdong-Hong Kong-Macao ICT Conference in Guangzhou  
    Speaking at the main forum of the conference, Mr Wong said that the Hong Kong Special Administrative Region (HKSAR) Government has been endeavouring to develop artificial intelligence as a core industry in recent years and to promote the robust development of the AI ecosystem in Hong Kong on all fronts. In this regard, Cyberport’s AI Supercomputing Centre (AISC) has commenced operation. Meanwhile, the HKSAR Government has launched a $3 billion AI Subsidy Scheme to support local institutions, research and development (R&D) centres and enterprises in leveraging the computing power of the AISC to achieve scientific breakthroughs. The HKSAR Government also supported, through the AIR@InnoHK under the InnoHK Research Clusters focusing on the development of AI and robotics technologies, the establishment of the Hong Kong Generative AI Research and Development Center (HKGAI). HKGAI is formed by a group of R&D teams from local universities and focuses on R&D of local self-developed general-purpose large language models and applications, including the document processing application “HKPilot”, which is now in pilot use in all government departments.
     
    In addition, Mr Wong mentioned that the Digital Policy Office (DPO) is actively taking forward the preparatory work on the establishment of the Hong Kong AI Research and Development Institute, facilitating upstream R&D of AI, midstream and downstream transformation of R&D outcomes and application scenarios. He invited Guangdong technology enterprises and talent to learn more about Hong Kong’s I&T development and to leverage Hong Kong’s distinctive advantages under the “one country, two systems” principle of having strong support of the motherland and being closely connected to the world, to jointly venture into the global market with Hong Kong’s I&T industry and tell good stories of the country’s I&T development.
     
    The conference attracted around 400 industry experts, scholars and practitioners from Guangdong, Hong Kong and Macao. Government representatives from the three places and representatives from research institutions and industry organisations also attended the conference. Being one of the major annual events of the Hong Kong/Guangdong co-operation in informatisation, the conference was jointly organised by the Guangdong Software Industry Association, the Yangcheng Evening News, the Hong Kong Cyberport Management Company Limited, the Computer Chambers of Macau and the China Software Industry Association, under the steer of the Department of Industry and Information Technology of Guangdong Province, the DPO of the HKSAR Government, the Economic and Technological Development Bureau of the Government of the Macao Special Administrative Region and the Yangcheng Evening News Group.
     
    Mr Wong visited two local technology enterprises in Guangzhou in the afternoon. He was briefed by the enterprises’ representatives on products and solutions of new-generation information technology application innovation and cybersecurity, and also learned how the enterprises apply large language models and generative AI technology to product development.
     
    Mr Wong returned to Hong Kong this afternoon after the visit.
    Issued at HKT 19:50

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    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Committee for Safeguarding National Security of HKSAR launches 5th Anniversary of Promulgation and Implementation of Hong Kong National Security Law Thematic Exhibition (with photos)

    Source: Hong Kong Government special administrative region

    The following is issued on behalf of the Committee for Safeguarding National Security of the Hong Kong Special Administrative Region:

         The Chief Executive announced in the 2024 Policy Address that a thematic exhibition will be held at the National Security Exhibition Gallery to mark the fifthth anniversary of the promulgation and implementation of the Hong Kong National Security Law. The opening ceremony of the thematic exhibition was launched today (June 12) at the Hong Kong Museum of History, and the exhibition is now open to all Hong Kong citizens.  
     National security is the bedrock of national rejuvenation, and social stability is a prerequisite for building a strong and prosperous China. The overarching principle of “one country, two systems” is to safeguard national security, sovereignty and development interests.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Speech by FS at Reception in Celebration of 127th Anniversary of Proclamation of Philippine Independence (English only)

    Source: Hong Kong Government special administrative region

    Speech by FS at Reception in Celebration of 127th Anniversary of Proclamation of Philippine Independence (English only) 
         Good evening. It is a great pleasure to join you tonight in celebrating the 127th anniversary of the Republic of the Philippines’ proclamation of independence.  
     
         Let me take this opportunity to extend a formal and warm welcome to Consul General Israel, who assumed his new post in Hong Kong this April. With your extensive diplomatic career in the Philippines and abroad, I am confident that your experience and insight will further help strengthen the close ties between Hong Kong and the Philippines.  
         Tourism is a shining example. Last year, we welcomed nearly 1.2 million visitors from the Philippines, a remarkable increase of over 55 per cent compared to 2023. This positive momentum has continued, with over 550 000 Filipino visitors arriving in the first five months of this year, representing a 27 per cent year-on-year growth.   
     
         Our trade relationship remains robust. Hong Kong plays a vital role as a gateway for China’s exports to the Philippines. Hong Kong is the Philippines’ fifth largest trading partner. Last year, our value of merchandise trade grew to HK$108 billion. Hong Kong handled around 13 per cent of the total merchandise trade between China and the Philippines.
     
         Besides, I am pleased to note that we have started negotiations on a Comprehensive Avoidance of Double Taxation Agreement. I trust such an agreement will further simulate our bilateral trade and investments. 
     
         All these encouraging developments point to a future of even closer business ties and new opportunities for collaboration. 
     
         The Philippines stands out as one of the fastest-growing economies in ASEAN (Association of Southeast Asian Nations). I am pleased to learn that your Government is making proactive efforts to implement pro-business reforms to simplify company formation process, lower entry barriers and attract foreign businesses. These measures will facilitate trade and investments with your economic and trade partners. Meanwhile, more infrastructure flagship projects will bolster the economy, improve connectivity and make your country more attractive to businesses from abroad. 
     
         In an era marked by rising protectionism and increasing geopolitical uncertainty, globalisation is facing backlashes. Countries are seeking to diversify their export markets and development drivers. In this context, enhancing intra-regional trade and collaboration will be key to achieving sustainable growth. In this connection, we greatly appreciate the Philippines’ continued support for our accession to the Regional Comprehensive Economic Partnership (RCEP).
     
         Under the “one country, two systems” arrangement, Hong Kong is a “super connector” and “super value-adder” between the Chinese Mainland and the rest of the world. We steadfastly uphold our free port status, with the free movement of goods, capital, information and talent. Our world-class transport and logistics infrastructure provides a perfect springboard for your country’s products and services to reach the Mainland, across North Asia, and beyond.
     
         Now, given the policy uncertainties in the US and shifting global investment landscape, Hong Kong has emerged as a safe harbour for international capital. This is reflected by capital inflows and investors’ optimism. Our stock market has performed exceptionally well, rising by 20 per cent so far this year, on top of the 18 per cent increase last year. It is one of the top-performing markets globally.
     
         With deep liquidity and a comprehensive suite of funding options, Hong Kong offers an ideal platform for Filipino enterprises to raise funds to support their business development. They can consider listing on our Stock Exchange, or connecting with angel investors, venture capital and private equity for collaboration. 
     
         For sure, Hong Kong has more to offer. You will find Hong Kong an ideal location to raise funds for quality infrastructure and green transition projects. Beyond traditional means, such as bond issuance, there are innovative financing models such as infrastructure loan securitisation, or catastrophe bonds, which are designed to share natural disaster risks with investors. Hong Kong has already issued seven catastrophe bonds, covering events from earthquakes to storms across Asia and the Americas. 
     
         In short, the potential for deeper co-operation between our two economies is vast and far-reaching.
     
         Before I conclude, I would like to express my heartfelt appreciation to the more than 220 000 Filipino nationals in Hong Kong. They are an integral part of our community and have made invaluable contributions to the economic and social fabric of this city.  
     
         On behalf of the Hong Kong SAR Government, I extend my warmest congratulations to the people of the Philippines on your Independence Day. May the friendship between Hong Kong and the Philippines continue to flourish and prosper for years to come.  
     
         I wish you all a most enjoyable evening. Thank you very much.
    Issued at HKT 19:30

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    MIL OSI Asia Pacific News –

  • MIL-OSI Russia: Cholera vaccination campaign in Khartoum, Sudan to reach 2.6 million residents – health authorities

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    Source: People’s Republic of China – State Council News

    KHARTOUM, June 12 (Xinhua) — A cholera vaccination campaign targeting 2.6 million residents was launched in Sudan’s capital Khartoum on Wednesday, Khartoum health authorities said.

    The 10-day campaign will be carried out in 12 administrative units in Omdurman, Um Badda, Karari, Jabal Awliya and East Nile towns, health authorities said in a statement.

    According to the statement, the country has recorded a decrease in the number of cholera cases, and “the mortality rate due to complications associated with this disease has reached zero.”

    Khartoum State Governor Ahmed Osman Hamza has commended health authorities for containing the cholera outbreak and improving recovery rates.

    He called for continued efforts to combat epidemics and maintain stability in the health sector, praising the support of international and government organizations, as well as the contribution of volunteers. –0–

    MIL OSI Russia News –

  • MIL-OSI Russia: Last year, 6,700 antiquities were donated to the National Museum of Afghanistan

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    Source: People’s Republic of China – State Council News

    KABUL, June 12 (Xinhua) — Afghan authorities have placed more than 6,700 antiquities at the National Museum of Afghanistan over the past year to further enrich the museum’s collections, state-run Radio Television of Afghanistan (RTA) reported on Wednesday.

    “A total of 6,752 exhibits dating back to the Bronze Age to Islamic civilizations were collected from different places and placed in the national museum over the past year,” RTA quoted the museum’s deputy director Yahya Mohibzadeh as saying.

    The National Museum of Afghanistan houses more than 60,000 exhibits and antiquities, RTA adds. –0–

    MIL OSI Russia News –

  • MIL-OSI China: 20th meeting of ADMM-Plus Experts’ Working Group on Peacekeeping Operations kicks off in Nanjing 2025-06-12 19:03:26 The 20th meeting of the Experts’ Working Group on Peacekeeping Operations under the ASEAN Defense Ministers’ Meeting Plus (ADMM-Plus) kicked off in Nanjing City in east China’s Jiangsu Province on June 11.

    Source: People’s Republic of China – Ministry of National Defense

      By Huang Xiangliang and Chen Cheng

      NANJING, June 12 — The 20th meeting of the Experts’ Working Group on Peacekeeping Operations under the ASEAN Defense Ministers’ Meeting Plus (ADMM-Plus) kicked off in Nanjing City in east China’s Jiangsu Province on June 11. More than 80 representatives from 21 countries and international organizations including the member states, dialogue partners, observer states and Secretariat of the ASEAN attended the meeting.

      Themed on “Technology and Innovation: Enhancing Military Cooperation in Peacekeeping Operations”, the meeting organized discussions and exchanges on topics such as the application of unmanned and counter-unmanned technologies in peacekeeping operations, the application of artificial intelligence in peacekeeping operations, and the application of new technologies and equipment in security defense of peacekeeping operations. It aims to explore the military application of emerging technologies in peacekeeping operations, deepen military mutual trust and security cooperation among regional countries, and enhance their capacities in carrying out peacekeeping operations. The meeting, organized by the Chinese PLA Nanjing Army Command College, will last until June 14.

    loading…

    MIL OSI China News –

  • MIL-OSI Asia-Pac: “Innovative Music-making Journey to China: MO x e-Orch” concert to showcase musical achievements

    Source: Hong Kong Government special administrative region

    “Innovative Music-making Journey to China: MO x e-Orch” concert to showcase musical achievementsIssued at HKT 12:00

    The public concert of the Innovative Music Making: MO x e-Orch music training programme during the 2024/25 academic year will be held at 7.30pm on July 12 (Saturday) at the Auditorium of Kwai Tsing Theatre, under the title “Innovative Music-making Journey to China: MO x e-Orch”, to showcase the students’ achievements. The programme is organised by the Music Office of the Leisure and Cultural Services Department, in collaboration with the Education University of Hong Kong. Four digital music orchestras (e-Orchs) formed by about 80 students participating in the training programme from the Buddhist Chan Wing Kan Memorial School, Sacred Heart of Mary Catholic Primary School, Chan Sui Ki (La Salle) Primary School and St. Rose of Lima’s School will showcase their original collaborative multimedia works at the concert. They will also collaborate with the string and Chinese music ensembles of the Music Office to perform original and arranged works. Musicians from the eOrch@EdUHK Contemporary Music and Digital Instrument Lab will also be invited to present their original works combining music and technology. Various awards and certificates of attendance will also be presented to participating students at the concert as encouragement. Apart from original works of the students, the concert also presents world premieres of local composers Wat Nga-man’s “Lion Dance” and Lau Hiu-lam’s “The Guardians of The Underground Empire”, which are commissioned by the Music Office with 12/06/2025, 11:31 “Innovative Music-making Journey to China: MO x e-Orch” concert to showcase musical achievements https://www.info.gov.hk/gia/general/202506/12/P2025061100295p.htm 1/2 sponsorship from the CASH (Composers and Authors Society of Hong Kong) Music Fund. Rearrangements of Ren Guang’s “Colourful Clouds Chasing the Moon” and the traditional Chinese music “Evening Song of the Fishermen” by Lau and Wat respectively, will also be performed in the concert. To promote the integration of music and technology on school campuses, the Music Office launched the first Innovative Music Making: MO x e-Orch music training programme in 2022 for students of participating primary and secondary schools to form eOrchs and learn musical knowledge and music creation with the use of tablets. Tickets priced at $70 are now available at URBTIX (www.urbtix.hk). For telephone bookings, please call 3166 1288. For programme enquiries and concessionary schemes, please call 2158 6467 or 3842 7776 or visit www.lcsd.gov.hk/en/mo/activities/schoo lprogrammes/arttech/24art/2025imm.html. The concert is one of the programmes of the Chinese Culture Festival (CCF) 2025. For more information about programmes and activities of the CCF 2025, please visit www.ccf.gov.hk. Ends/Thursday, June 12, 2025 Issued at HKT 12:00

    MIL OSI Asia Pacific News –

  • MIL-OSI: Radware Cyber Survey Uncovers Critical Weaknesses in Application Security Measures

    Source: GlobeNewswire (MIL-OSI)

    • Only 8% of organizations use AI-based protection solutions
    • Just 6% of respondents have full documentation for all their APIs
    • Half of respondents don’t know what third-party code is being used by their apps
    • Only 29% of security staff are fully trained to handle API business logic attacks

    MAHWAH, N.J., June 12, 2025 (GLOBE NEWSWIRE) — Radware® (NASDAQ: RDWR), a global leader in application security and delivery solutions for multi-cloud environments, today released its new report, 2025 Cyber Survey: Application Security at a Breaking Point. The survey reveals threat areas of rapidly growing concern as organizations’ cyber defenses lag well behind. This includes a major lack of protection against AI threats, as well as API and business logic attacks, among others.

    “The weaponization of AI by malicious actors is intensifying cybersecurity threats and drawing even more attention to areas where companies are simply ill-protected,” said Shira Sagiv, Radware’s vice president of product portfolio. “Internal alarms should be sounding. Companies openly admit to major concerns about gaps in cyber protection and lack of readiness, especially around web applications and APIs; yet their usage continues to climb creating even more risk and exposure.”

    KEY FINDINGS

    The scramble is on to catch up with AI
    According to the report, the use of AI to improve and intensify hacking tradecraft is of greatest concern. Organizations have significant concerns about threat actors using AI to generate new attacks at a faster cadence, bypassing existing defenses and compromising areas that were previously too difficult to attack.

    • Top concerns: The following percentage of respondents are highly or extremely concerned about hackers using AI:
      • To create/improve hacking tools – 70%.
      • To generate a larger volume of cyberattacks – 67%.
      • To launch new zero-day attack vectors – 66%.
    • Large readiness gap: Despite the concerns about hackers embracing AI, only 8% of organizations are currently using AI-based solutions for defenses.
    • AI adoption: Four out of five organizations plan to implement AI-based cybersecurity solutions within the next 12 months.

    Security fails to keep up with sprawling API ecosystems
    APIs are in a constant state of fluctuation. Organizations are increasing their use of APIs even while they remain ill-protected.

    • Surge in API usage and updates: In 2025, API usage is up 42% compared to the highest rate of usage in 2023, with multiple daily updates to APIs surging 6X during the same time frame.
    • Widespread third-party usage: On average, organizations are using 19 third-party APIs per application, which introduces new types of threats around data compromise that cannot be mitigated at a coding level.
    • Poor business logic attack mitigation: Business logic attacks, a common form of API attacks, represent a threat area of rapidly growing concern. While 81% of respondents say it is very or extremely important to have real-time protection measures in place:
      • Just half have deployed runtime business logic protections.
      • Only 29% have security staff fully trained to detect and mitigate these attacks.
    • Lack of preparedness:
      • On average, only 6% of respondents have full documentation for all their APIs.
      • Half of respondents don’t know what third-party code is being used by their web applications, which data is being leaked to third-party services, and when malicious scripts and services are introduced.

    Risks to resilience continue to rise
    Survey respondents expressed a lack of confidence in the effectiveness of their defensive posture against growing threats.

    • Third-party breaches: Only 16% of respondents are confident in their current protection against data breach attempts of third-party services code running on their web applications.
    • Costly DDoS disruptions: Downtime caused by an application DDoS attack averages $6,100 per minute or $366,000 per hour.
    • High compliance pressures: An average of 54% of respondents express high or extreme concern about a range of regulations, including NIS2, HIPAA, SEC, PCI DSS 4, GDPR, DORA, and SOX.

    Methodology
    The survey, which was conducted with Osterman Research, includes responses from compliance, chief risk, and data privacy officers; vice presidents of research and development; senior network security administrators; senior DevOps and DevSecOps administrators; cloud security; API architects; among other titles. The survey was conducted in nine countries across North America, EMEA, APAC, and LATAM.

    Radware’s complete 2025 Cyber Survey: Application Security at a Breaking Point can be downloaded here.

    About Radware
    Radware® (NASDAQ: RDWR) is a global leader in application security and delivery solutions for multi-cloud environments. The company’s cloud application, infrastructure, and API security solutions use AI-driven algorithms for precise, hands-free, real-time protection from the most sophisticated web, application, and DDoS attacks, API abuse, and bad bots. Enterprises and carriers worldwide rely on Radware’s solutions to address evolving cybersecurity challenges and protect their brands and business operations while reducing costs. For more information, please visit the Radware website.

    Radware encourages you to join our community and follow us on: Facebook, LinkedIn, Radware Blog, X, and YouTube.

    ©2025 Radware Ltd. All rights reserved. Any Radware products and solutions mentioned in this press release are protected by trademarks, patents, and pending patent applications of Radware in the U.S. and other countries. For more details, please see: https://www.radware.com/LegalNotice/. All other trademarks and names are property of their respective owners.

    THIS PRESS RELEASE AND THE 2025 CYBER SURVEY: APPLICATION SECURITY AT A BREAKING POINT ARE PROVIDED FOR INFORMATIONAL PURPOSES ONLY. THESE MATERIALS ARE NOT INTENDED TO BE AN INDICATOR OF RADWARE’S BUSINESS PERFORMANCE OR OPERATING RESULTS FOR ANY PRIOR, CURRENT, OR FUTURE PERIOD.

    Radware believes the information in this document is accurate in all material respects as of its publication date. However, the information is provided without any express, statutory, or implied warranties and is subject to change without notice.

    The contents of any website or hyperlinks mentioned in this press release are for informational purposes and the contents thereof are not part of this press release.

    Safe Harbor Statement
    This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements made herein that are not statements of historical fact, including statements about Radware’s plans, outlook, beliefs, or opinions, are forward-looking statements. Generally, forward-looking statements may be identified by words such as “believes,” “expects,” “anticipates,” “intends,” “estimates,” “plans,” and similar expressions or future or conditional verbs such as “will,” “should,” “would,” “may,” and “could.” For example, when we say in this press release that the weaponization of AI by malicious actors is intensifying cybersecurity threats and drawing even more attention to areas where companies are simply ill-protected and that their usage continues to climb creating even more risk and exposure, we are using forward-looking statements. Because such statements deal with future events, they are subject to various risks and uncertainties, and actual results, expressed or implied by such forward-looking statements, could differ materially from Radware’s current forecasts and estimates. Factors that could cause or contribute to such differences include, but are not limited to: the impact of global economic conditions, including as a result of the state of war declared in Israel in October 2023 and instability in the Middle East, the war in Ukraine, tensions between China and Taiwan, financial and credit market fluctuations (including elevated interest rates), impacts from tariffs or other trade restrictions, inflation, and the potential for regional or global recessions; our dependence on independent distributors to sell our products; our ability to manage our anticipated growth effectively; our business may be affected by sanctions, export controls, and similar measures, targeting Russia and other countries and territories, as well as other responses to Russia’s military conflict in Ukraine, including indefinite suspension of operations in Russia and dealings with Russian entities by many multi-national businesses across a variety of industries; the ability of vendors to provide our hardware platforms and components for the manufacture of our products; our ability to attract, train, and retain highly qualified personnel; intense competition in the market for cybersecurity and application delivery solutions and in our industry in general, and changes in the competitive landscape; our ability to develop new solutions and enhance existing solutions; the impact to our reputation and business in the event of real or perceived shortcomings, defects, or vulnerabilities in our solutions, if our end-users experience security breaches, or if our information technology systems and data, or those of our service providers and other contractors, are compromised by cyber-attackers or other malicious actors or by a critical system failure; our use of AI technologies that present regulatory, litigation, and reputational risks; risks related to the fact that our products must interoperate with operating systems, software applications and hardware that are developed by others; outages, interruptions, or delays in hosting services; the risks associated with our global operations, such as difficulties and costs of staffing and managing foreign operations, compliance costs arising from host country laws or regulations, partial or total expropriation, export duties and quotas, local tax exposure, economic or political instability, including as a result of insurrection, war, natural disasters, and major environmental, climate, or public health concerns; our net losses in the past and the possibility that we may incur losses in the future; a slowdown in the growth of the cybersecurity and application delivery solutions market or in the development of the market for our cloud-based solutions; long sales cycles for our solutions; risks and uncertainties relating to acquisitions or other investments; risks associated with doing business in countries with a history of corruption or with foreign governments; changes in foreign currency exchange rates; risks associated with undetected defects or errors in our products; our ability to protect our proprietary technology; intellectual property infringement claims made by third parties; laws, regulations, and industry standards affecting our business; compliance with open source and third-party licenses; complications with the design or implementation of our new enterprise resource planning (“ERP”) system; our reliance on information technology systems; our ESG disclosures and initiatives; and other factors and risks over which we may have little or no control. This list is intended to identify only certain of the principal factors that could cause actual results to differ. For a more detailed description of the risks and uncertainties affecting Radware, refer to Radware’s Annual Report on Form 20-F, filed with the Securities and Exchange Commission (SEC), and the other risk factors discussed from time to time by Radware in reports filed with, or furnished to, the SEC. Forward-looking statements speak only as of the date on which they are made and, except as required by applicable law, Radware undertakes no commitment to revise or update any forward-looking statement in order to reflect events or circumstances after the date any such statement is made. Radware’s public filings are available from the SEC’s website at www.sec.gov or may be obtained on Radware’s website at www.radware.com.

    Media Contact:
    Gerri Dyrek
    Radware
    Gerri.Dyrek@radware.com

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/f5342914-5ae1-430e-a838-b75e663c5eb4

    https://www.globenewswire.com/NewsRoom/AttachmentNg/83a75b37-0294-485f-a2b8-c968fd9fce15

    https://www.globenewswire.com/NewsRoom/AttachmentNg/08209312-e0da-48d4-a5aa-aa7deea6b77d

    The MIL Network –

  • MIL-OSI Asia-Pac: MOEA’s 2025 Industrial Innovation Joint Awards Ceremony: National Industrial Innovation Award and National Invention and Creation Award Showcase Taiwan’s Excellence in Innovation

    Source: Republic of China Taiwan

    The Ministry of Economic Affairs (MOEA) held its flagship innovation event of the year today (June 10), featuring the joint award ceremony for the National Industrial Innovation Award and the National Invention and Creation Award. A total of 92 outstanding achievements were recognized, spotlighting Taiwan’s robust capabilities in semiconductors, AI, healthcare, and sustainability. Premier Cho Jung-tai called on award recipients to continue driving innovation forward and contribute lasting momentum to Taiwan’s economic growth. This year’s Distinguished Innovation Award in the Organization Category went to Realtek Semiconductor, Onyx Healthcare, and ITRI’s Biomedical Technology and Device Research Laboratories. Four government agencies were also honored for their contributions to policy innovation and regional industry development. Their achievements exemplify the strong synergy among Taiwan’s industry, government, academia, and research sectors in propelling the nation’s economic future.

    In his remarks, Premier Cho highlighted Taiwan’s impressive ranking of 8th among 67 countries in the latest IMD World Competitiveness Ranking. He also noted that Taiwan ranks 3rd globally in both total R&D expenditure and business R&D expenditure as a percentage of GDP. These rankings reflect the deepening commitment from both public and private sectors to investing in research and development-efforts that have earned consistent international recognition. In tandem with promoting the Five Trusted Industry Sectors, relevant ministries and agencies are currently drafting a “Top 10 AI Infrastructure Projects” program aimed at accelerating the next wave of AI development in Taiwan by scaling up industrial applications, integrating AI across various sectors, and facilitating AI adoption in both industry and government, ultimately building the most comprehensive AI supply chain. Meanwhile, this year saw the addition of a Government Agencies category, introduced to encourage government bodies to champion an innovative mindset, foster close collaboration with industry, and deliver tangible benefits for the public. Premier Cho concluded by emphasizing the shared goal of Taiwan’s domestic industry: to maintain our global leadership in semiconductor manufacturing. He urged the industry to adopt a “Taiwan plus” approach that anchors investments in Taiwan while expanding global reach and competitiveness.

    Minister of Economic Affairs J.W. Kuo noted that the 9th National Industrial Innovation Award recognized 25 organizations, 8 teams, and 19 individuals from a total of 305 entries-a remarkable display of Taiwan’s innovation prowess. In semiconductors and AI, Realtek Semiconductor leads the global market in Ethernet chipsets and is expanding its core technologies into automotive and smart healthcare applications through diverse products and patents. Kneron, on the other hand, is advancing practical uses of large language models by offering powerful Edge AI computing solutions worldwide. In the healthcare arena, ITRI’s Biomedical Technology and Device Research Laboratories have pioneered a Virtual-Physical Integration Innovation Cross-Domain Platform for Digital Healthcare, energizing Taiwan’s push toward digital innovation. On the net-zero sustainability front, TSMC has built a world-leading zero-waste manufacturing center, cutting carbon emissions by more than 40,000 tons each year in support of a circular green economy. Formosa Chemicals & Fibre Corp is also contributing to global sustainability through its marine waste recycling technology.

    Minister Kuo commended the 40 recipients of the National Invention and Creation Award, selected from 418 entries. With half of the winning entries from enterprises, it underscores the importance of strategic patent deployment in Taiwan’s industrial sector. These innovations span a broad range of fields, including 5G, smart AI healthcare, assistive devices for seniors, agricultural sensing, and smart living applications, all helping to cement Taiwan’s leadership in future-ready patent development.

    Beyond celebrating industrial innovation, this year’s award ceremony also embraced social care and human connection. The MOEA specially invited the choir from Baolai Junior High School in Kaohsiung’s Liouguei District to perform, with the hope of inspiring greater support for education in rural communities. Looking to the future, the MOEA reaffirms its role as a guiding force that unites industry, government, academia, and research institutions to forge an even more competitive economic landscape for Taiwan on the global stage.

    MIL OSI Asia Pacific News –

  • MIL-OSI Russia: Nuclear deal with US ‘within reach’: Iranian FM

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    Source: People’s Republic of China – State Council News

    TEHRAN, June 12 (Xinhua) — Iranian Foreign Minister Abbas Araghchi said on social media on Wednesday that an agreement with the United States to ensure “the continued peaceful nature” of Tehran’s nuclear program is “within reach.”

    Let us recall that the sixth round of indirect talks between Iran and the United States on the nuclear issue is scheduled to take place on Sunday in the Omani capital Muscat.

    “President /US Donald/ Trump took office saying that Iran should not have nuclear weapons. In fact, this is in line with our own doctrine and could be the main basis for the deal,” A. Araghchi said.

    “It is clear that an agreement that can ensure the peaceful nature of Iran’s nuclear program is within reach and can be reached quickly,” he added.

    The minister, however, stressed that a “mutually beneficial outcome” depends on two conditions: “the continuation of Iran’s uranium enrichment program under the full control of the International Atomic Energy Agency and the effective end of sanctions /by the United States/.”

    Since April, Iran and the United States have held five rounds of Oman-brokered proximity talks — three in Muscat and two in Rome. The United States has repeatedly pressed Iran to completely halt uranium enrichment, but Tehran has steadfastly refused. –0–

    MIL OSI Russia News –

  • MIL-OSI Russia: US May Extend Trade Talks – D. Trump

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian –

    Source: People’s Republic of China – State Council News

    NEW YORK, June 12 (Xinhua) — The United States may extend a government-set deadline for trade talks with more partners, U.S. President Donald Trump said on Wednesday.

    The current deadline for concluding trade agreements is July 8. D. Trump expressed a willingness to push it back, but added that he did not consider it necessary.

    According to the president, trade negotiations are underway with about 15 partners, including the Republic of Korea, Japan and the EU.

    Meanwhile, U.S. Treasury Secretary Scott Bessent told lawmakers Wednesday that Trump would “highly likely” push back the deadline to continue trade talks and reach deals with major trading partners. There are 18 major trading partners in talks with the United States, he said.

    The Trump administration is intensively negotiating trade with dozens of partners at once. In May, only a deal was announced with the UK.

    The White House has decided to delay the imposition of “equivalent” tariffs on more than 60 trading partners for 90 days, until July 8. –0–

    MIL OSI Russia News –

  • MIL-OSI Russia: Nearly 400 people arrested during Los Angeles protests

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    Source: People’s Republic of China – State Council News

    LOS ANGELES, June 12 (Xinhua) — The Los Angeles Police Department has arrested or detained nearly 400 protesters against federal immigration enforcement since Saturday, BBC News reported.

    Those arrested and detained reportedly included 330 undocumented migrants and 157 people arrested for assault and obstruction of police.

    On the first night of the curfew, which went into effect Tuesday evening, there were 203 arrests for failure to disperse and 17 arrests for violating the curfew in the second-largest U.S. city, the Los Angeles Police Department said in a news release.

    Los Angeles Mayor Karen Bass announced Tuesday night a curfew in parts of downtown Los Angeles from 8 p.m. Tuesday to 6 a.m. Wednesday local time. She said local authorities had imposed the limited curfew in response to looting and vandalism that occurred in the city’s downtown area Monday night following largely peaceful daytime protests.

    US President Donald Trump has ordered more than 4,000 National Guard troops and about 700 Marines to be deployed to Los Angeles, despite objections from California Governor Gavin Newsom and other local officials. –0–

    MIL OSI Russia News –

  • MIL-OSI Russia: Air India plane crashes near Ahmedabad airport in India

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    Source: People’s Republic of China – State Council News

    NEW DELHI, June 12 (Xinhua) — An Air India plane with more than 200 people on board crashed shortly after takeoff at an airport in Ahmedabad, western India’s Gujarat state, on Thursday, multiple local media reported.

    The plane was reportedly heading to the UK, with local media footage showing thick black smoke rising into the sky near the airport. –0–

    MIL OSI Russia News –

  • MIL-OSI China: Reform-driven Shenzhen powers China’s innovation engine

    Source: People’s Republic of China – State Council News

    .

    Driven by deepening reforms, Shenzhen is powering China’s innovation engine, with its GDP growing 5.5% annually from 2020 to 2024 and R&D spending surging 48% from 2020 to 2023. The city has also led the nation in industrial output and value added for three consecutive years, said its mayor at a Thursday press conference.

    MIL OSI China News –

  • MIL-OSI Russia: In 2024, 64.59 billion interregional trips were made on China’s transport system – Ministry of Transport of the People’s Republic of China

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    Source: People’s Republic of China – State Council News

    BEIJING, June 12 (Xinhua) — Chinese residents made 64.59 billion interregional trips in 2024, up 5.4 percent year on year, according to the 2024 Transportation Development Statistics Report released by the Ministry of Transport on Thursday.

    According to the report, 4.31 billion trips were made on the country’s railways, 59.29 billion on roads, 260 million on waterways and 730 million on air transport, respectively, during the year.

    Total commercial freight volume in 2024 was 56.88 billion tons. During the year, 193.68 billion parcels were delivered by mail, of which just over 175 billion were handled by express delivery services.

    By the end of 2024, the total length of railways in operation in China reached 162,000 km, including 48,000 km of high-speed railways. In addition, the country has 5.49 million km of highways, including 190,700 high-speed roads, 128,700 km of inland waterways, and 263 civil aviation airports.

    The data in the report also showed that in 2024, the volume of investment in fixed assets in the transport sector was nearly 3.8 trillion yuan (approximately 529 billion US dollars), including 850.6 billion yuan in rail transport and 2.58 trillion yuan in road transport. -0-

    MIL OSI Russia News –

  • MIL-OSI Russia: Chinese authorities back automakers’ promises to pay suppliers of components and assemblies

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    Source: People’s Republic of China – State Council News

    BEIJING, June 12 (Xinhua) — China’s Ministry of Industry and Information Technology (MIIT) on Thursday backed pledges by some automakers to pay their suppliers within 60 days, saying the move would benefit industrial and supply chains.

    On Tuesday, 17 leading Chinese automakers, including China FAW Group Co., Ltd., Dongfeng Motor Corporation, Guangzhou Automobile Group Co., Ltd., and SERES Group, pledged to make payments to their component suppliers within two months. The IIM noted that due to growing competition in China’s new energy vehicle market, pressure has shifted from automakers to supply chain participants in the auto industry, leading to longer payment terms for suppliers and creating cash flow constraints.

    The promises are expected to boost cooperation between automakers and auto parts manufacturers, and greatly promote the healthy and stable development of China’s automobile industry, the IIM said.

    The IIM stated its readiness to continue to maintain long-term, stable partnerships between automakers and companies involved in the supply chain, as well as to encourage innovation and coordinated development of all enterprises involved in this area, regardless of their size.

    “We will continue to work to enhance the resilience and safety of production and supply chains, and make new contributions to the development of the global automobile industry,” the ministry spokesman said.

    China’s new energy automobile industry is now at a critical stage of high-quality development, the official said, calling on all sectors to work together to create a “positive, civilized and orderly environment” for the industry’s development.

    In the first five months of this year, sales of new energy vehicles in China rose 44 percent year-on-year to 5.61 million units, accounting for 44 percent of the country’s total new vehicle sales in the same period, according to the latest data from the China Association of Automobile Manufacturers.

    The data also showed that China’s auto exports in January-May this year rose 7.9 percent year-on-year to 2.49 million units, including 855,000 new energy vehicles, up 64.6 percent year-on-year. -0-

    MIL OSI Russia News –

  • MIL-OSI NGOs: Toxic Pollution Knows No Borders: Greenpeace Thailand and EARTH Thailand Urge ASEAN Leaders to Adopt a Legally Binding Environmental Rights Framework

    Source: Greenpeace Statement –

    Bangkok, 24 May 2025 — Ahead of the ASEAN Civil Society Conference/ASEAN Peoples’ Forum in Kuala Lumpur, Malaysia, taking place from 24–25 May 2025 under the theme “Inclusivity and Sustainability”, Greenpeace Thailand, Ecological Alert and Recovery – Thailand (EARTH), and regional civil society networks are calling on ASEAN leaders to collectively endorse a legally binding ASEAN Environmental Rights (AER) framework to address the region’s worsening transboundary pollution and environmental injustice.

    Cases of transboundary pollution illustrate ASEAN’s failure to jointly address and act on the cross-border ecological and health crises. The current key threat in the Greater Mekong subregion, gold and rare earth mining operations in Shan State, Myanmar—only 20 kilometers from the Thai border and 2–3 kilometers from the Kok River are threatening ecosystems, public health, and local economies in Chiang Rai and Chiang Mai provinces. Toxic heavy metals discharged from mining activities are likely to accumulate in the environment and risk spreading downstream into the Mekong River Basin. This is not merely an environmental issue, but a serious violation of human rights, particularly those of ethnic minorities and vulnerable groups who deserve stronger protection.

    Meanwhile, the recurring transboundary haze pollution from large-scale agro-industrial burning (e.g., corn, sugarcane, palm oil) in neighboring countries has become a chronic crisis, severely impacting provinces in Northern and Southern Thailand with dangerously high levels of PM2.5 air pollution, threatening public health and tourism.

    Rattanasiri Kittikongnapang, Food and Forest Campaigner at Greenpeace Thailand stated:
    “ASEAN can no longer remain silent in the face of public outcry over transboundary pollution, whether it’s toxic haze drifting into our lungs or dangerous chemicals contaminating the Kok River from mining in neighboring states. We must acknowledge today that geographical borders cannot stop the spread of pollution into our air and water. ASEAN must advance the principle of ‘Polluter Pays’ that holds transnational corporations accountable for the environmental damage they cause across borders. This is a matter of justice and shared responsibility to protect our regional commons.”

    Penchom Saetang, Director of the EARTH Foundation, added:
    “Southeast Asia is facing escalating environmental and health risks due to industrialisation, fossil fuel dependency, and mining. Without urgent action, these could spiral into irreversible disasters. For over 30 years, the United Nations has emphasized that sustainable development must be grounded in public participation, access to information, and environmental justice. ASEAN must evolve to promote transparency, resilience, and long-term regional stability, ensuring that all people have the right to live in a safe and healthy environment.”

    Policy Recommendations to ASEAN Leaders:

    1. Promote Sustainable and Responsible Business Practices
      • Establish cross-border corporate accountability frameworks that uphold human welfare and well-being. Enforce environmental and human rights obligations across all levels of the supply chain.
    2. Strengthen Legal Accountability for Transboundary Pollution
      • Mandate Strategic Environmental Assessments (SEA) and legally binding Transboundary Environmental Impact Assessments (TEIA). Empower home states of parent companies to exercise extraterritorial jurisdiction over corporate misconduct.
    3. Enhance Public Participation and Transparency
      • Advocate for an ASEAN Protocol on the Right to Know to guarantee public access to environmental information, participation, and justice. Establish a regional pollutant release and transfer register (ASEAN-PRTR) and promote human rights due diligence (HRDD) throughout supply chains.
    4. Support Peace and Inclusive Coexistence for Equitable Society
      • Prioritize the rights of ethnic minorities, Indigenous peoples, and vulnerable communities. Recognise the critical role of local communities in safeguarding ecosystems and ensuring social cohesion.
    5. Establish a Legally Binding ASEAN Environmental Rights (AER) Framework
      • Develop a legal instrument to address high-risk transboundary environmental threats, such as rare earth mining in Myanmar. Review ASEAN–China Environmental Cooperation Strategies to include robust mechanisms for joint environmental and human rights impact assessments.

    International civil society groups are also calling on ASEAN leaders, particularly the Prime Minister of Malaysia as the 2025 ASEAN Chair to support the development of a legally binding ASEAN Environmental Rights framework encompassing corporate accountability, pollution liability, public participation, and the protection of Indigenous and local communities. It must also foster long-term ASEAN–China cooperation on sustainable environmental governance and human rights protection.

    For more information, please contact:
    Somrudee Panasudtha, Senior Media Campaigner, Greenpeace Thailand
    Tel. 081 929 5747 Email: [email protected]

    MIL OSI NGO –

  • MIL-Evening Report: Greenpeace activists aboard Rainbow Warrior disrupt Pacific industrial fishing operation

    By Emma Page

    Greenpeace activists on board the Greenpeace flagship Rainbow Warrior disrupted an industrial longlining fishing operation in the South Pacific, seizing almost 20 km of fishing gear and freeing nine sharks — including an endangered mako — near Australia and New Zealand.

    Crew retrieved the entire longline and more than 210 baited hooks from a European Union-flagged industrial fishing vessel, including an endangered longfin mako shark, eight near-threatened blue sharks and four swordfish.

    The crew also documented the vessel catching endangered sharks during its longlining operation.

    The at-sea action followed new Greenpeace Australia Pacific analysis exposing the extent of shark catch from industrial longlining in parts of the Pacific Ocean.

    Latest fisheries data showed that almost 70 percent of EU vessels’ catch was blue shark in 2023 alone.

    The operation came ahead of this week’s UN Ocean Conference in Nice, France, where world leaders are discussing ocean protection and the Global Ocean Treaty.

    On board the Rainbow Warrior, Greenpeace Australia Pacific campaigner Georgia Whitaker said: “These longliners are industrial killing machines. Greenpeace Australia Pacific took peaceful and direct action to disrupt this attack on marine life.

    “We saved important species that would otherwise have been killed or left to die on hooks.

    “The scale of industrial fishing — still legal on the high seas — is astronomical. These vessels claim to be targeting swordfish or tuna, but we witnessed shark after shark being hauled up by these industrial fleets, including three endangered sharks in just half an hour.


    Rainbow Warrior crew disrupt longline fishing in the Pacific.  Video: Greenpeace

    “Greenpeace is calling on world leaders at the UN Ocean Conference to protect 30 percent of the world’s oceans by 2030 from this wanton destruction.”

    Stingray caught as bycatch is hauled onboard the Lu Rong Yuan Lu 212 longliner vessel in the Tasman Sea.

    The Rainbow Warrior is in the South Pacific ocean to expose longline fishing and call on governments to ratify the Global Ocean Treaty and create a network of protected areas in the high seas.

    A Greenpeace activist frees a blue shark caught on a longline in the Pacific . . . the blue shark is currently listed as “Near Threatened” globally by the IUCN (International Union for Conservation of Nature). Image: Greenpeace Pacific

    Greenpeace Aotearoa is calling on the New Zealand government to ratify the Global Ocean Treaty and help create global ocean sanctuaries, including in the Tasman Sea between Australia and New Zealand.

    New Zealand signed the agreement in 2023.

    More than two-thirds of sharks worldwide are endangered, and a third of those are at risk of extinction from overfishing.

    Over the last three weeks, the Rainbow Warrior has been documenting longlining vessels and practices off Australia’s east coast, including from Spain and China.

    Emma Page is Greenpeace Aotearoa’s communications lead, oceans and fisheries. Republished with permission.

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI NGOs: Asia Pacific programme hosts event on Japanese foreign policy during the second Trump administration

    Source: Chatham House –

    Asia Pacific programme hosts event on Japanese foreign policy during the second Trump administration
    News release
    jon.wallace

    The event, the second in a series held at Japan House in London, discussed the impact of President Trump’s new administration on Japanese domestic politics and foreign policy.

    Ben Bland, Director of Chatham House’s Asia-Pacific Programme, chaired an event at Japan House on 11 February 2025 to discuss Japanese foreign policy at a time of minority government in Tokyo and a new Trump administration in Washington. 

    The event also discussed related issues including the Japan–China relationship, the impact of the ongoing political crisis in South Korea and broader security connections between Europe and the Indo-Pacific.

    Speaking at the event were Kanehara Nobukatsu, chief cabinet secretary to the prime minister of Japan from 2012-19; Tsuruoka Michito, an associate professor in the Faculty of Policy Management at Keio University; and Kristi Govella, an associate professor of Japanese politics and international relations at the University of Oxford.

    Ben Bland said:

    ‘The return of Donald Trump to the White House has brought added turbulence to an already contested Indo-Pacific, making it an important time discuss the impact on Japan and its relations with key partners in the region. 

    ‘We are grateful to Japan House London for enabling us to host this timely discussion at their venue, and for giving us the opportunity to connect with a new network of individuals following events in Asia.’

    Watch the event in full here.

    MIL OSI NGO –

  • MIL-OSI NGOs: Chile: Back to the Future

    Source: Council on Hemispheric Affairs –

    By Maximiliano Véjares

    Washington DC

    Chile’s recent local elections, in which moderate, traditional parties staged a comeback, offer a promising sign of political stability. Following five years of uncertainty marked by a social uprising in 2019, the COVID-19 pandemic, and two unsuccessful attempts to rewrite the Pinochet-era constitution, the country appears to be approaching a turning point.

    Historically recognized as a model of democratic transition and economic progress, Chile’s recent challenges have cast significant doubt on its democratic resilience. However, the recent election outcome suggests that the period of uncertainty may be drawing to a close.

    The center-right Chile Vamos coalition demonstrated its strength by surpassing the far-right Republicanos in their competition for dominance in that sector. Simultaneously, the center-left Socialismo Democratico coalition increased its vote share vis-à-vis the more left-leaning Communist Party and Frente Amplio. Mayors, municipal and regional (states) councilmembers, and governors, are much more evenly distributed across the ideological spectrum than before the elections.

    Chilean Democracy Undergoes Dramatic Shifts Since 2019

    Since 2019, the country’s democracy has undergone dramatic shifts. That year, a widespread social uprising triggered the election of a constitutional assembly reflecting deep-seated demands for systemic change. In September 2022, however, the population decisively rejected a progressive constitutional draft, with 63% voting against it. Undeterred, political elites attempted a do-over, now with a reformed electoral system, hoping to elect a more balanced constitutional assembly. Despite these efforts, the strategy backfired. Republicanos secured a plurality of votes and the chance to veto decisions in the new assembly, resulting in a conservative draft. Ultimately, the latest proposal met the same fate as its predecessor, with 55% of Chileans rejecting the new constitutional project.

    Given these rapid political transformations, last November’s local election results offer a promising sign of renewed stability for Chile. Voters appear to have moved beyond the climate of uncertainty, shifting away from supporting outsider candidates who promised sweeping economic and social restructuring and instead gravitating towards more moderate, centrist political alternatives.

    Despite hurting citizens’ aspirations to rewrite the Pinochet-era constitution, the instability caused by years of institutional uncertainty is most likely over. Every significant coalition has agreed not to attempt new constitutional changes in the near future. The new political landscape indicates an emergent recalibration of Chile’s party system.

    Despite the good news, some fundamental challenges remain. Political parties and Congress continue to suffer from extremely low public trust, with recent polling indicating that only 8% and 4% trust these institutions, respectively. Moreover, an electoral reform implemented in 2015 that replaced the archaic Pinochet-era binomial system incentivizes politicians to act as individual political entrepreneurs rather than committed party-builders.

    The increasing personalization of politics has consequently made legislation and governance increasingly tricky. Recognizing this fragmentation, a cross-party group of senators has proposed a bill to raise the vote threshold required for an electoral list to enter Congress, with the explicit goal of reducing the number of parties in Congress. Improving the institutional design could help political elites enhance policymaking to face the country’s most pressing challenges: rising public safety concerns and a stagnating economy

    Chile’s political stability is critical not only for its citizens but also for the global energy landscape. As a significant contributor to the energy transition, the country commands an extensive share of the world’s lithium and copper reserves and production. With the United States and China seeking to develop resilient supply chains and invest in renewable energy infrastructure, Chile is positioned to play a pivotal role in the emerging geopolitical dynamics of critical mineral production and clean energy development.

    The Presidential Race Heats Up

    Together with more centrist incumbents at the local level, two issues will lurk behind the presidential and legislative elections of November 2025: economic stagnation and escalating public safety concerns. Evelyn Matthei, a right-wing moderate and the daughter of Fernando Matthei—a former military junta member—is the clear frontrunner. A recent poll shows that 22% of citizens would support her if the election were held this week, positioning her ahead of all left-leaning presidential hopefuls. The poll also indicates that Matthei would defeat every contender in a potential runoff, including the far-right Kast. On the contrary, the poll suggests every left-leaning candidate would lose against Matthei in a runoff. In the case Kast made it to a second round, he could be defeated by left leaning former Chilean president Michelle Bachelet, should she have a change of heart and decide to run.

    Matthei faces two far-right challengers: José Antonio Kast and Johannes Kaiser. In the 2021 election, Kast beat Chile Vamos but was ultimately defeated by Gabriel Boric in the runoff. Kaiser, a polarizing far-right politician, left the Republicanos party in 2023. Current polling indicates Kaiser’s candidacy is gaining traction, with 8% of voters expressing potential support—a trajectory that suggests growing political momentum.

    It is unclear who the contenders on the left will be. Gabriel Boric’s government (2021-2025) is relatively unpopular, with an average approval rating of 30%. Such context makes it hard for many left-leaning political figures to dissociate from the government. Thus far, former president Michelle Bachelet is the only competitive candidate, although at this time she still loses against Matthei in the polls mentioned above. Recently, former President Bachelet indicated that she will not run for a third time.

    Lately, the coalitional dynamics within Chile’s left have shifted rapidly. The once-powerful Socialismo Democrático has lost support after endorsing the 2019 wave of demonstrations which, according to research conducted in 2024 by CADEM, are now viewed with disapproval by a majority of respondents. Meanwhile, the more progressive Frente Amplio has emerged as the dominant force among left-leaning parties.

    Looking ahead to the June 2025 primaries, two distinct scenarios could emerge if left-wing candidates gain momentum. Under Socialismo Democratico leadership, we would likely see a more market-oriented approach, leveraging their extensive governmental experience and networks of skilled technocrats. On the other hand, if a candidate from Frente Amplio or the communist party prevails, the presidential race would likely center on increasing state control over natural resources and expanding wealth redistribution programs.

    Although primary elections are not mandatory, it has become common for large coalitions to nominate their presidential candidates through this mechanism.

    Whatever happens next year, the institutional uncertainty stemming from the constitutional discussion has mostly dissipated. If political elites create a more balanced electoral system and find a way to jumpstart the economy, Chile may be back on track on the road to economic progress and democratic stability.

    Photo Credit: Universidad de Chile.

    Maximiliano Véjares holds a PhD. from Johns Hopkins and an MA from the University of Chicago. He is a senior research associate at Johns Hopkins University’s Net Zero Industrial Policy Lab and a nonresident fellow at American University in Washington, DC. His academic interests are the origins of political development, including democracy, state capacity, and the rule of law. Beyond His scholarly work, Maximiliano has broad professional experience in government and international organizations.

    MIL OSI NGO –

  • MIL-OSI Russia: China’s AG600 Amphibious Aircraft Enters Mass Production Stage

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    Source: People’s Republic of China – State Council News

    April 2023, an AG600 large amphibious firefighting aircraft undergoes a flight test in Jingmen, central China’s Hubei Province. /Photo provided to Xinhua by China Aviation Industry Corporation of China/

    BEIJING, June 11 (Xinhua) — China’s self-developed large-size amphibious aircraft AG600 “Kunlong” officially entered mass production on Wednesday after receiving the relevant certificate from the Civil Aviation Administration of China (CAA).

    MIL OSI Russia News –

  • MIL-OSI Russia: 2nd Belt and Road Science, Technology and Innovation Ministerial Meeting Held in Chengdu

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    Source: People’s Republic of China – State Council News

    BEIJING, June 12 (Xinhua) — The Second Belt and Road Science, Technology and Innovation Ministerial Meeting was held in Chengdu, capital of southwest China’s Sichuan Province, on Wednesday, chaired by Yin Hejun, head of the Ministry of Science and Technology of the People’s Republic of China, according to a statement posted on the ministry’s official website.

    Speaking at the event, Yin Hejun said that the Chinese government has so far signed bilateral intergovernmental agreements on scientific and technological cooperation with more than 80 countries participating in the Belt and Road Initiative. The construction of more than 70 Belt and Road joint laboratories and 10 international technology transfer centers has been launched.

    In addition, according to him, China is actively developing scientific, technical and humanitarian exchanges and cooperation in the field of technology parks, organizing the implementation of special plans for cooperation in the fields of technologies for sustainable development, geospatial research, poverty reduction through scientific and technical achievements, innovative entrepreneurship, etc.

    These measures will ensure the flow of innovative energy for high-quality construction of the Belt and Road, Yin Hejun emphasized.

    The meeting was attended by science, technology and innovation ministers and their representatives from 41 Belt and Road member countries.

    The meeting participants had an in-depth exchange of views, focusing on issues of unleashing new potentials and forming new models of scientific and technological cooperation, as well as jointly building the Belt and Road innovation and technology community. The broad discussion was devoted to deepening cooperation in such key areas as artificial intelligence, geospatial technologies, green and low-carbon solutions, as well as improving the global scientific and technological governance system.

    MIL OSI Russia News –