NewzIntel.com

Category: China

  • MIL-OSI USA: Florida IAM Members Fight for Workers’ Rights

    Source: US GOIAM Union

    Florida State Council of Machinists President Mike Phillips recently addressed members in Tallahassee regarding anti-union and anti-worker legislation being considered during the state’s legislative session. He highlighted specific threats to teachers’ unions, minimum wage, and child labor laws, emphasizing the need for strong opposition. IAM General Secretary-Treasurer Dora Cervantes, IAM Southern Territory General Vice President Craig Martin and IAM Chief of Staff Vinny Addeo also had keynote speeches affirming the power of unions and their positive impact on the middle class and economy.

    Watch the video report here.

    The 50 members heard reports on organizing successes and the IAM Union securing firm contracts around the country. The Council listened to a detailed report from the IAM Political and Legislative Director Loren Almaroth on the IAM’s bipartisan work with legislators on various issues, including combating China’s trade practices. The council actively lobbied with the Florida AFL-CIO  and collaborated with other unions to advocate for labor-friendly laws and the well-being of working families in Florida.

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    MIL OSI USA News –

  • MIL-OSI Global: US v them: Trump’s tariffs and his economic vision of dominance

    Source: The Conversation – France – By Jérôme Viala-Gaudefroy, Spécialiste de la politique américaine, Sciences Po

    US President Donald Trump’s April 2 announcement of sweeping new tariffs against numerous countries isn’t just driven by (already questionable) economic reasoning. It reflects the deeply adversarial worldview embraced by the current occupant of the White House.

    Since returning to the presidency, Trump has unleashed a new wave of tariffs unprecedented in scope. Traditional allies and strategic rivals are now under the same banner, marking a radical shift in Washington’s trade policy that hardens positions taken in Trump’s first term, amplifying them with an unbridled display of power.

    Just as in 2017, when he spoke of “American carnage”, Trump paints an apocalyptic picture of the US, a country he claims has been “looted, pillaged, raped and plundered by nations near and far, both friend and foe alike”. This dramatic narrative is met with a double promise of “liberation” and the restoration of a new “golden age”.


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    Tariffs thus become the weapons of a nationalist crusade, where every import is an attack on sovereignty, and every export a symbolic act of reconquest.

    An authoritarian vision of international trade

    Trump’s trade doctrine is part of a broader strategy defined by confrontation, centralised executive power and a neo-imperial view of the global economy. His tariff measures go far beyond protecting domestic industry: they aim to reshape the global order according to his own interpretation of national interest. This second act of the Trumpist revolution is not a rerun, but an escalation – one based on authoritarian ambitions, the rejection of multilateralism (as seen in the administration’s utter disdain for the World Trade Organization, and the glorification of raw sovereignty.

    The supposed economic logic behind these policies is as flimsy as it is revealing. The chosen calculation method – dividing the bilateral trade deficit by import volumes – is little more than a blunt instrument to go after countries the US runs a deficit with. Officially, it’s about cutting trade deficits, bringing jobs back and raising revenue. But the real agenda runs deeper: consolidating presidential power and replacing global cooperation with a doctrine of economic domination.

    Tariffs as tools of power and messaging

    Trump’s first term has shown the limits of this strategy. The trade war with China, in particular, triggered price hikes for consumers, disrupted supply chains and severely hurt US agricultural exporters. One study found that US consumers bore the brunt of these costs, with an average 1% increase in the prices of manufactured goods.

    Trump doesn’t behave like a traditional head of state operating within a multilateral framework. He acts more like a lone ruler, dispensing rewards and punishments to serve his political – or even personal – agenda. Tariffs, in this context, function as much as media stunts as they do economic instruments. Branded as “reciprocal tariffs”, they construct a simplified and powerful narrative: that of a crusader who corrects the wrongs inflicted on citizens betrayed by free trade.

    This message hits home with workers in industries like auto manufacturing. It offers up convenient villains – China, Europe, and the domestic elite who support free trade. Trade policy is no longer about negotiation; it’s about retribution. In this worldview, the spike in tariffs isn’t just an economic manoeuvre – it’s a statement of sovereignty, even of symbolic power.

    From personal obsession to state doctrine

    Trump’s protectionism is not an overnight development, but part of a long-standing obsession. As early as 1987, he railed against Japan’s trade surpluses with the US and called for steep tariffs on Tokyo. He spoke of the US being “ripped off” and showed a near-paranoid fear of national humiliation or betrayal. At its core, this reflects a deep-seated drive to reassert dominance – to “win” in a world he views as inherently hostile and conflictual. It’s one of the few constants in Trump’s worldview, given his lack of ideological consistency and frequent U-turns on other issues.

    Today, everything is reframed as a question of sovereignty: rare earths, strategic minerals, data flows, shipping lanes. This worldview echoes the imperialist pivot of the late 19th century, especially under US president William McKinley (1897–1901) – a figure Trump pointedly invoked in his second inaugural address.

    This logic also helps explain some of his most provocative gestures: stating he wants to buy Greenland, putting pressure on Canada in hopes of access to its natural resources, and eyeing Ukraine’s mining potential. The underlying idea is blunt and unmistakeable: resources are finite, and you’d better grab your share before someone else does. In this zero-sum game, where one country’s gain is another’s loss, cooperation gives way to conquest.

    The rise of techno-nationalist mercantilism?

    In this worldview, competition isn’t seen as a source of innovation – it’s a threat to be eliminated. The aim isn’t to make America more competitive, but to sabotage the competitiveness of others. The US no longer presents itself – even rhetorically – as a democratic nation playing by the rules of global markets. Instead, it acts like a corporation determined to secure monopoly power.

    This authoritarian shift resonates with key Trumpist thinkers. Peter Thiel, a mentor to US Vice President JD Vance, famously declared that “capitalism and competition are opposites”, championing monopoly as the ultimate goal. Cuts to the federal government and sweeping deregulation aren’t about unleashing free markets – they’re about consolidating control and asserting dominance.



    À lire aussi :
    Trump protectionism and tariffs: a threat to globalisation, or to democracy itself?

    The aim now is to sidestep global systems, not to integrate them – to build an imperial-style autarky where the US controls a closed sphere of influence, shielded from outside competition. This is mercantilism reimagined for the digital age: instead of gold and silver, the currency is data, infrastructure, dollars and crypto currency. Cooperation gives way to coercion.

    Toward an authoritarian international order – or a political disaster?

    The April 2 announcement is far more than an economic decision. It’s a bold political statement – a deliberate move toward a new world order rooted in strength and loyalty, rather than law and cooperation.

    There’s undeniable continuity with Trump’s first term. But this time, the scale, radicalism and concentration of power represent a decisive escalation. Trump increasingly treats the state as his personal property – or a private business – what some have aptly called “patrimonialism”. He is shaping an authoritarian model in which trade becomes a weapon in a new kind of global cold war, driven by fear of decline and an obsession with control. In this logic, prosperity is no longer a shared national goal – it’s a privilege reserved for those in power.

    This trajectory could become politically explosive, especially as Trump faces falling markets and looming inflation – both threatening a weakening of his presidency. If he doubles down despite sinking approval ratings, Republican lawmakers may be forced – under pressure from their voters and donors – to finally push back and reassert their constitutional role. Early signs of dissent within the Republican Party are already surfacing, alongside public anger that remains scattered – but is growing harder to ignore.

    Jérôme Viala-Gaudefroy ne travaille pas, ne conseille pas, ne possède pas de parts, ne reçoit pas de fonds d’une organisation qui pourrait tirer profit de cet article, et n’a déclaré aucune autre affiliation que son organisme de recherche.

    – ref. US v them: Trump’s tariffs and his economic vision of dominance – https://theconversation.com/us-v-them-trumps-tariffs-and-his-economic-vision-of-dominance-254096

    MIL OSI – Global Reports –

  • MIL-OSI China: China to work with EU to promote sound, steady development of relations — Premier Li

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

    China to work with EU to promote sound, steady development of relations — Premier Li

    BEIJING, April 8 — Chinese Premier Li Qiang said in a phone conversation with European Commission President Ursula von der Leyen on Tuesday that China is ready to work with the European side to promote the sound and steady development of China-EU relations.

    Li said that China-EU relations are showing a momentum of steady growth. This year marks the 50th anniversary of diplomatic ties between China and the EU, and the development of bilateral relations faces important opportunities, he said.

    Li noted that Chinese President Xi Jinping had a telephone conversation with European Council President Antonio Costa at the beginning of this year, which sets the tone and charts the course for deepening China-EU relations.

    China and the EU are each other’s most important trading partners, he said, adding that their economies are highly complementary and interests are closely intertwined.

    Li pledged China’s willingness to work with the EU to maintain sound and smooth high-level exchanges, enhance political mutual trust, expand practical cooperation, and resolve each other’s concerns through dialogue and consultation.

    The two sides should promote the holding of new China-EU high-level dialogues in the strategic, economic and trade, green, and digital fields at an early date, he said.

    Li pointed out that the United States has recently announced indiscriminate tariffs on all its trading partners, including China and the EU, under various pretexts, which is a typical case of unilateralism, protectionism and economic bullying.

    The resolute measures taken by China are not only to safeguard its own sovereignty, security and development interests but also to defend international trade rules and international fairness and justice, Li said, noting that all human beings live in the same global village and no country can thrive in isolation.

    Protectionism leads nowhere, and only openness and cooperation represent the right path for mankind, Li added.

    China and the EU, as strong advocates of economic globalization and trade liberalization, as well as staunch defenders and supporters of the World Trade Organization (WTO), should enhance communication and coordination, expand mutual openness, jointly safeguard free and open trade and investment, and maintain the stable and smooth operation of global industrial and supply chains, so as to inject more stability and certainty into both sides and the world economy, Li said.

    China’s macro policy this year has taken full account of various uncertainties and has sufficient reserve of policy tools to hedge against adverse external impacts, Li said, adding that China is fully confident in maintaining sustained and healthy economic development.

    China will continue to unswervingly expand opening-up, strengthen cooperation and share development opportunities with the EU countries and other countries in the world, he said.

    Noting that the EU always attaches great importance to its relations with China, von der Leyen said it is crucial for EU-China relations to maintain continuity and stability under current circumstances.

    The European side looks forward to holding a new EU-China leaders’ meeting at an appropriate time to review the past, look into the future, and jointly celebrate the 50th anniversary of EU-China diplomatic relations, she said.

    The European side is willing to promote high-level dialogue with China in various fields and deepen mutually beneficial cooperation in such fields as economy, trade, green economy and climate change, von der Leyen added.

    She noted that the tariffs imposed by the United States have severely impacted international trade, causing a serious impact on Europe, China and vulnerable countries.

    The EU and China are committed to upholding the fair and free multilateral trading system with the WTO at its core and safeguarding the sound and steady development of global economic and trade relations, which serves the common interests of both sides and the world at large, von der Leyen said.

    MIL OSI China News –

  • MIL-OSI USA: Foster Leads Bipartisan Effort to Keep STEM Graduates in America

    Source: United States House of Representatives – Congressman Bill Foster (11th District of Illinois)

    Washington, DC – Today, Reps. Bill Foster (D-IL) and Mike Lawler (R-NY) announced the reintroduction of the bipartisan Keep STEM Talent Act to make certain advanced Science, Technology, Engineering, and Mathematics (STEM) degree holders eligible for permanent resident status. This would allow these graduates to remain in the United States following their graduation and would remove barriers for them to work in the United States.

    The Senate companion bill is led by Democratic Whip Dick Durbin (D-IL) and Senator Mike Rounds (R-SD). 

    “We must expand America’s STEM workforce to compete in the global economy,” said Congressman Bill Foster. “Our country gives international STEM students a world-class education, only to turn them away when they want to stay in the United States after graduation and contribute their skills to our economy. Allowing these graduates to stay would help put our country on the cutting edge of scientific research and technological development and create good-paying American jobs along the way. I’m proud to lead this bipartisan effort to build up our STEM workforce.”

    “I’m proud to reintroduce the bipartisan Keep STEM Talent Act of 2025. Our universities attract some of the brightest minds from around the world, yet too often, these students leave the United States after graduation. This bill will incentivize international STEM graduates to stay and contribute to our economy, ensuring America continues to lead the world in science and technological innovation,” said Congressman Mike Lawler.

    “Maintaining a strong STEM workforce strengthens our economy, creates jobs, and enhances our ability to compete on the world stage,” Senator Dick Durbin said. “By denying international students with advanced STEM degrees the opportunity to continue their work in America, we are losing their talents to countries overseas and won’t see the positive impacts of their American education. I thank Senator Rounds for joining me in this commonsense and bipartisan effort.”

    “Legal, highly skilled STEM immigration is crucial for our nation and has opened doors for talented immigrants like Albert Einstein to come to America,” said Senator Mike Rounds. “Particularly with the advancements of artificial intelligence and cybersecurity, we must keep talent in the United States and stay ahead of our near peer competitors such as China and Russia. This bill enhances national security by imposing new, stringent vetting requirements, while also making certain talent stays serving the United States, not our adversaries.”

    The Keep STEM Talent Act is endorsed by the American Mathematical Society, the American Physical Society, the Department for Professional Employees, AFL-CIO, The Institute of Electrical and Electronics Engineers, the International Federation of Professional and Technical Engineers, MIT Graduate Student Council, MIT Science Policy Initiative, and the National Association of Graduate-Professional Students.

    A copy of the bill is available here.

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Davids Pushes Back on Proposed Shipping Fees That Would Hurt Kansas Businesses, Farmers

    Source: United States House of Representatives – Congresswoman Sharice Davids (KS-3)

    Recently, Representative Sharice Davids urged U.S. Trade Representative (USTR) Jamieson Greer to amend a new shipping policy that would hurt Kansas businesses, farmers, and U.S. national security. The plan would impose massive fees on American shipping companies that rely on foreign-built ships — costs so high that Merriam-based Seaboard Corporation warns that its Marine Division could be forced out of business.

    “While I support strengthening America’s shipbuilding industry and the American workers employed by the sector, I am concerned that the Proposed Action, as currently written, will have unintended consequences that would be devastating for United States-owned international ocean carriers and employment at dozens of ports around the country,” wrote Davids. “I urge you to consider the broader impacts on the U.S. shipping and agriculture industries as USTR moves ahead with the Section 301 process.”

    The initial policy — outlined in Section 301 Investigation of China’s Targeting of the Maritime, Logistics, and Shipbuilding Sectors for Dominance — is meant to boost American shipbuilding, but Davids and industry experts warn it could backfire, leaving fewer shipping options for U.S. exporters, driving up costs, disrupting supply chains, and giving Chinese companies an advantage. Davids is urging the USTR to amend the policy to protect U.S.-owned shipping companies while also encouraging the long-term growth of American shipbuilding. 

    “Kansas Farm Bureau fully supports Rep. Sharice Davids’ efforts to ensure U.S.-owned shipping companies and their customers, which include farmers and ranchers, aren’t caught in the crosshairs of misguided policy,” said Joe Newland, President, Kansas Farm Bureau. “We support efforts to increase America’s competitiveness in shipbuilding, but the USTR’s existing plan would raise shipping costs, destroy jobs and make Kansas agricultural products less competitive in global markets.”

    Seaboard Corporation, a Fortune 500 company based in Merriam, Kansas, owns Seaboard Marine, the largest U.S.-owned international shipping carrier. The company says that under the proposed policy, they and other U.S.-owned shipping companies would be forced to pay enormous fees — up to $1.5 million every time a foreign-built ship docks at a U.S. port, even if the ship was bought when no such rule existed. Additional penalties would apply to companies that have already ordered new ships from foreign shipyards, further squeezing U.S. businesses.

    The impact wouldn’t just be felt in the shipping industry. Kansas farmers rely on global shipping to export crops and import necessary supplies like fertilizer and seed. In 2022, Kansas exported $7.2 billion in agricultural products. If shipping options shrink or costs rise, farmers could be left paying more or struggling to sell their goods abroad.

    Right now, the U.S. does not have enough shipbuilding capacity to meet the demand for new commercial vessels. Only ten container ships were built in the U.S. between 2010 and 2023. Davids argues that without a reasonable transition period, U.S. shipping companies will be forced out of business while foreign competitors gain even more market control. She continues to advocate for policies that protect Kansas businesses, create good jobs, and strengthen America’s position in global trade.

    Read a full copy of Davids’ letter here.

    MIL OSI USA News –

  • MIL-OSI China: China moves swiftly to stabilize markets amid global financial turbulence

    Source: China State Council Information Office 2

    China has unveiled a series of swift and robust measures to stabilize the capital market and restore investor confidence in the wake of the global financial turbulence triggered by U.S. tariffs levied against its trading partners.
    The Chinese stock market closed higher on Tuesday, rebounding from steep losses on the previous trading day, following a raft of measures announced by financial authorities, alongside coordinated moves by state-owned investment firms, state-owned enterprises (SOEs) and insurance companies.
    On Tuesday, the benchmark Shanghai Composite Index rose 1.58 percent and the Shenzhen Component Index went up 0.64 percent. The ChiNext Index, tracking China’s Nasdaq-style board of growth enterprises, rose 1.83 percent.
    TIMELY, STRONG SIGNAL TO STABILIZE CAPITAL MARKET
    Chinese state-owned capital operation firms have moved quickly to increase their holdings of domestic equities, voicing strong confidence in the long-term outlook of the country’s capital market. The People’s Bank of China, or the central bank, also announced liquidity support through re-lending facilities on Tuesday.
    Central Huijin Investment Ltd., a Chinese state-owned investment company, said it had once again increased its holdings of exchange-traded funds and would continue to do so in the future to “resolutely safeguard” the stable operation of the capital market.
    As a controlling or participating shareholder in over 20 financial institutions, Central Huijin reaffirmed its pivotal role in stabilizing the capital markets in a statement Tuesday. Often likened to a “stabilization fund,” the company has been instrumental in bolstering market stability and resilience since 2008.
    Following the statement of Central Huijin, the central bank pledged to firmly support the company in increasing its holding of stock index funds and will provide sufficient re-lending support when necessary.
    Apart from Central Huijin, multiple state-owned investment firms also increased stock holdings or unveiled plans to accelerate share buybacks, including China Chengtong Holdings Group Ltd., China Reform Holdings Corporation Ltd., and seven listed firms under the China Merchants Group.
    CHINESE SOES EXPAND SHARE PURCHASES, BUYBACKS
    China’s State-owned Assets Supervision and Administration Commission of the State Council said on Tuesday it fully supports central state-owned enterprises in expanding share purchases and buybacks to safeguard shareholders’ rights and consolidate market confidence.
    Multiple Chinese central SOEs have rolled out share purchase initiatives, underscoring their robust confidence in the long-term prospects of the country’s economy and capital market.
    China National Petroleum Corporation on Tuesday disclosed that it will buy A-shares and H-shares over the next 12 months, with a total investment of up to 5.6 billion yuan (about 777.37 million U.S. dollars), while China Petroleum and Chemical Corporation announced a similar 12-month purchase plan worth up to 3 billion yuan targeting shares listed in Shanghai and Hong Kong.
    China Electronics Technology Group Corporation said it had already completed over 2 billion yuan in buybacks for its listed subsidiaries and pledged to accelerate further acquisitions to strengthen sci-tech innovation synergy and safeguard shareholder interests.
    Emphasizing its commitment to driving the green transition and pledging active share purchases, China Huaneng Group Co., Ltd. said that its subsidiary, Inner Mongolia MengDian HuaNeng Thermal Power Corp., Ltd., had already initiated share purchases.
    China National Coal Group detailed a multi-tiered investment strategy that included respective injections of up to 80 million yuan and 50 million yuan into its subsidiaries China Energy and Shanghai Energy, while it planned to advance ongoing repurchases for Xinji Energy.
    CONFIDENCE IN MARKET’S LONG-TERM OUTLOOK
    The National Financial Regulatory Administration on Tuesday announced measures to raise the cap on equity investments by insurance funds, with greater support for equity investments in strategic emerging industries and fostering new quality productive forces.
    Following the policy announcement, several major insurers, including China Life Insurance, China Pacific Insurance, and New China Life Insurance, voiced strong support, expressing confidence in China’s economic outlook and capital market.
    They pledged to ramp up long-term equity investments, with a focus on strategic emerging industries, contributing patient capital to market stability and the growth of new quality productive forces.
    The National Council for Social Security Fund, which handles the assets of the National Social Security Fund, said it is firmly optimistic about the development prospects of China’s capital market, adding that it has recently increased its holdings of domestic stocks, and will continue to increase the holdings in the near future.
    Analysts believe the coordinated moves sent a clear signal about China’s resolve to support the capital markets.
    In a time of heightened uncertainty in the global trade environment and dramatic fluctuations in international financial markets, the timely and decisive action of China’s state capital will effectively guide market expectations and mitigate the impact of external shocks, said Wang Qing, chief macro analyst at Golden Credit Rating. 

    MIL OSI China News –

  • MIL-OSI China: China unveils guidelines to boost employment for college graduates

    Source: China State Council Information Office 2

    China has released new guidelines on building a high-quality system of employment services for university graduates.
    The policy document, issued by the General Office of the Communist Party of China Central Committee and the General Office of the State Council, outlines a comprehensive strategy to promote sufficient high-quality employment among college graduates.
    It highlights six key areas of focus: optimizing the higher education training system, strengthening career guidance services, improving job-market and recruitment systems, enhancing support mechanisms for job seekers in difficulty, innovating employment monitoring and evaluation tools, and reinforcing supports and safeguards for graduate employment.
    The document sets out the goal of establishing a nationwide employment services network that is inclusive, well-functioning and reliable within three to five years, laying a solid foundation for graduates to find jobs.
    Official data shows that the number of college graduates in China is likely to reach 12.22 million in 2025, an increase of 430,000 from last year. 

    MIL OSI China News –

  • MIL-OSI Asia-Pac: HK, SZ discuss green initiatives

    Source: Hong Kong Information Services

    Secretary for Environment & Ecology Tse Chin-wan and Shenzhen Vice Mayor Zhang Hua, and leading officials from the Hong Kong Special Administrative Region Government and the Shenzhen Municipal Government respectively, held the Hong Kong-Shenzhen Joint Working Group on Environmental Protection meeting in Hong Kong today.

    Highlighting that the Third Plenary Session of the 20th Central Committee of the Communist Party of China announced a resolution on “building a beautiful China”, Mr Tse said: “As part of our country and the Greater Bay Area, the Hong Kong SAR Government will definitely work hand in hand with Shenzhen in this direction to make positive contributions to ecological civilization construction.”

    Presenting Hong Kong’s work progress on environmental protection, the Environment & Ecology Bureau said that eight more hectares of landfill were restored and greened in the North East New Territories Landfill last year, and the number of odour complaints dropped by more than 90% compared to the peak period.

    In terms of water quality improvement, the total phosphorus level in the Shenzhen River in 2024 reached the national surface water quality Class III standard.

    As for marine ecological protection, the Hong Kong SAR Government has established a number of marine parks in recent years, increasing the area of protected sea areas from 3,400 hectares to more than 8,500 hectares. It also subsidised local universities to conduct research on various coral restoration technologies.

    Meanwhile, the Hong Kong SAR Government has been working hard to expand the city’s community recycling network as well as strengthen waste reduction and recycling measures. To maximise the utilisation of recyclables, it actively assists the industry in developing local resource recycling facilities.

    Furthermore, Hong Kong vigorously promotes discussions with major Greater Bay Area cities on the construction of a “Zero Waste Bay Area” and regional recycling.

    MIL OSI Asia Pacific News –

  • MIL-OSI: Hanover Bank Unveils a Refreshed Logo to Reflect Commitment to Innovation and Growth

    Source: GlobeNewswire (MIL-OSI)

    MINEOLA, N.Y., April 08, 2025 (GLOBE NEWSWIRE) — Hanover Bank, the bank subsidiary of Hanover Bancorp (Nasdaq “HNVR”) is excited to unveil its new logo, a brand identity refresh that embodies our continued evolution into a financial services leader recognized for delivering digital banking solutions with unparalleled service.

    Our new logo reflects a forward-thinking vision that builds on the values of trust, stability, and progress – values that have always been at the heart of Hanover Bank since our founding in 2009 – underscoring our commitment to innovation and tradition.

    “We take great pride in our legacy and the strong relationships we’ve built over the years, and this logo represents our commitment to propelling them forward as we deliver a more agile, innovative, and client-focused banking experience, reinforcing our leadership in an ever-evolving world,” said Michael P. Puorro, Chairman and CEO of Hanover Bank.

    The refreshed logo is part of a broader initiative to enhance our banking experience for both individuals and businesses. Our updated identity will be phased in across all touchpoints, including digital platforms, branch signage, advertising and much more.

    “As we look toward the future in an increasingly digital world, we remain steadfast in upholding the core values that have been the foundation of our success. This symbolizes our dedication to both progress and transformation, while reinforcing our ongoing commitment to innovation,” concluded Mr. Puorro.

    For more information, please visit hanoverbank.com or follow us on Facebook, LinkedIn, Instagram, X (formerly Twitter) and YouTube.

    About Hanover Community Bank and Hanover Bancorp, Inc.

    Hanover Bancorp, Inc. (NASDAQ: HNVR), is the bank holding company for Hanover Community Bank, a community commercial bank focusing on highly personalized and efficient services and products responsive to client needs. Management and the Board of Directors are comprised of a select group of successful local businesspeople who are committed to the success of the Bank by knowing and understanding the metro-New York area’s financial needs and opportunities. Backed by state-of-the-art technology, Hanover offers a full range of financial services. Hanover offers a complete suite of consumer, commercial, and municipal banking products and services, including multi-family and commercial mortgages, residential loans, business loans and lines of credit. Hanover also offers its customers access to 24-hour ATM service with no fees attached, free checking with interest, telephone banking, advanced technologies in mobile and internet banking for our consumer and business customers, safe deposit boxes and much more. The Company’s corporate administrative office is located in Mineola, New York where it also operates a full-service branch office along with additional branch locations in Garden City Park, Hauppauge, Forest Hills, Flushing, Sunset Park, Rockefeller Center and Chinatown, New York, and Freehold, New Jersey, with a new branch opening in Port Jefferson, New York in early 2025.

    Hanover Community Bank is a member of the Federal Deposit Insurance Corporation and is an Equal Housing/Equal Opportunity Lender. For further information, call (516) 548-8500 or visit the Bank’s website at www.hanoverbank.com.

    Press Contact:
    Ms. Annette Esposito
    First VP-Director of Marketing
    (516) 548-8500

    The MIL Network –

  • MIL-OSI China: China continues to support urban renewal projects in 2025

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

    BEIJING, April 8 — The Chinese central government will continue to support urban renewal projects this year, focusing on addressing the pressing concerns of the people and driving high-quality urban development, the Ministry of Finance announced Tuesday.

    According to a statement on the ministry’s website, the government will explore ways to establish a sustainable urban renewal mechanism, tackle gaps and weaknesses in urban infrastructure, and boost the construction of consumption-oriented infrastructure.

    In 2025, financial support for urban renewal will target large cities and metropolises, with no more than 20 cities selected. Priority will be given to mega and super-large cities, as well as large cities along key river basins such as the Yellow River and the Pearl River.

    The central government will provide fixed subsidies to the selected cities based on their regions. Specifically, the total subsidy per city in the eastern region will not exceed 800 million yuan (about 111.05 million U.S. dollars), in the central region not more than 1 billion yuan, and in the western region and for municipalities directly under the jurisdiction by the central government, not more than 1.2 billion yuan. Funds will be allocated annually according to the progress of the projects.

    The selected cities are expected to use the subsidy to significantly improve urban underground pipelines and other infrastructure within three years.

    The efficiency of domestic sewage collection and treatment will be further enhanced in the selected cities, and the living environments in old urban areas will see remarkable advancements, according to the statement. 

    MIL OSI China News –

  • MIL-OSI: Abaxx Provides Q1 2025 Corporate Update

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, April 08, 2025 (GLOBE NEWSWIRE) — Abaxx Technologies Inc. (CBOE:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte Ltd., the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), and producer of the SmarterMarkets™ Podcast, provides an update on operational milestones and the continued execution of the Company’s business strategy in the first quarter of 2025.

    The Company also announces that it plans to host an investor call and presentation on Thursday, April 10th. For more information, see “Q1 2025 Business Update Investor Call” below.

    Abaxx Corporate Milestone Highlights

    Commercial Development

    • Executed the Company’s first trades in Nickel Sulphate and Lithium Carbonate Futures, including the world’s first trade of a non-Chinese, USD-denominated and physically-deliverable Lithium Carbonate Futures contract.
    • The Company saw the first OTC LNG cargo trade indexed to Abaxx LNG Futures (see the Company’s press release from March 24, 2025).
    • Established active market makers in all three LNG contracts and both carbon contracts across our trading hours.
    • A total of six clearing firms, 29 trading firms, and 14 interdealer brokers (IDBs) are now connected to Abaxx Exchange and Clearing, with an additional four clearing firms, 12 trading firms, and 12 IDBs currently in progress.
    • Completed the first brand listing under the Lithium Carbonate Futures contract.
    • Finalized onboarding with a major global data distribution network expected to expand visibility of Abaxx markets to over 100 million viewers. Added six new market data partners in Q1 2025, bringing the total to six.
    • Engaged in exploratory discussions with an external exchange group seeking to use Abaxx Clearing for third-party clearing services, and also engaged in exploratory discussions with external exchange groups based in China to collaborate on cross-jurisdictional (i.e. onshore/offshore) product listing opportunities with Abaxx Exchange and Clearing.

    Exchange Product Development

    • Launched four new battery metals contracts in Q1 2025, including Nickel Sulphate Futures and three regional physically-deliverable Lithium Carbonate Futures contracts.
    • Submitted a 1-kilobar Singapore Gold Futures contract for regulatory review.
    • Currently in the final development stage of: (i) a financially-settled copper spread contract to support price transparency in global base metals markets, and (ii) the first contracts in a suite of weather futures.

    Risk and Regulatory Development

    • Applied to the U.S. Commodity Futures Trading Commission (CFTC) for recognition as a Foreign Board of Trade (FBOT).
    • Completed public consultation on rule amendments to introduce additional currencies as acceptable margin collateral.
    • Convened the inaugural meeting of its Risk Advisory Panel and successfully executed a default management fire drill.

    Systems and Operations Development

    • Expanded system capabilities to support multi-currency settlement and collateralization, with projected completion by May 2025.
    • Completed the upgrade of Verifier+ (a digital credentials storage provider) into the Abaxx Trade Registration Platform.
    • Continued progress on ISO/IEC 27001 audit for Abaxx Exchange infrastructure, with certification targeted for June 2025.
    • Enhanced client onboarding workflows and expanded market data access to support growing participant demand.

    Abaxx Console Suite Development

    • Rolled out Verifier+ v2.0 with expanded capabilities and integrated the app with Abaxx Exchange to enable passwordless login for the Abaxx Trade Registration Platform (ATRP).
    • Advanced Abaxx Messenger into pre-release testing as a member support tool for Abaxx Exchange.
    • Reached the initial development milestone for Abaxx Sign, currently progressing through testing and feedback with design partners.
    • Initiated development of AbaxxOne, a middleware solution connecting enterprise identity systems (e.g., Auth0, Okta) to ID++ and the Abaxx Console Suite.

    Financing Development

    • On March 27, 2025, the Company announced it had closed the first tranche of a non-brokered private placement, securing C$22.85 million through the issuance of secured convertible debentures bearing 7.0% annual interest, convertible at C$13.00 per share and maturing in 2028. The Company is currently in discussions for a potential second tranche (see the Company’s press release dated March 27, 2025).

    Following the successful launch of Abaxx Exchange and Abaxx Clearing in mid-2024, the first quarter of 2025 marked a period of accelerated growth across product development, commercial engagement, and systems expansion. First trades were executed in the Nickel Sulphate and Lithium Carbonate markets, alongside the first OTC LNG cargo trade indexed to Abaxx LNG Futures, reflecting early adoption of our benchmark contracts.

    We launched four new contracts across our battery metals product suite and submitted a 1-kilobar Singapore Gold Futures contract to support Asia’s kilobar market, an offering not currently matched in London or New York. In parallel, we incorporated Abaxx Spot, a separate entity designed to support convergence between futures and physical gold markets. While the gold futures contract will be listed by Abaxx Exchange, Abaxx Spot enables electronic settlement and physical delivery of 99.99% purity kilobars in Singapore through a secure, transparent gold pool. Together, these initiatives advance our vision of building smarter markets for physical gold trading. Onboarding momentum continued through targeted, on-the-ground engagement at commercial events globally.

    We also scaled platform infrastructure, enhancing client onboarding workflows, expanding market data access, and progressing toward ISO 27001 certification. Core protocol development advanced with upgrades to the ID++ protocol and Verifier+, the initiation of AbaxxOne middleware, and continued development of Abaxx Messenger.

    The following sections provide further information related to these developments across business units and platform initiatives.

    Abaxx Exchange and Abaxx Clearing Developments

    Risk and Regulatory: Abaxx Exchange submitted its application to the U.S. CFTC for recognition as a Foreign Board of Trade (FBOT). Once granted, this recognition would enable U.S. trading participants to directly access products listed on Abaxx Exchange. In February, the Company completed a public consultation on rule amendments to support the introduction of additional currencies as acceptable margin collateral. These amendments are now under regulatory review, with the final list of approved currencies to be announced in due course.

    The Company also convened the inaugural meeting of its Risk Advisory Panel on March 17, 2025 with participation from all three direct clearing members. The Risk Advisory Panel serves as a forum for ongoing collaboration between the clearinghouse and its members to strengthen risk management, transparency, and operational resilience. In late March, Abaxx Clearing conducted its first default management firedrill with member participation, a process which validated its preparedness to manage member defaults and execute crisis response procedures effectively.

    Commercial: The Abaxx Commercial team secured market participation leading to the first trades in Nickel Sulphate and Lithium Carbonate Futures during the first quarter of 2025, including the world’s first trade of a non-Chinese, USD-denominated and physically-deliverable Lithium Carbonate Futures contract. The quarter also saw the first OTC LNG cargo trade indexed to Abaxx LNG Futures, reflecting growing confidence in Abaxx’s benchmark contracts. Active market makers were established across all three LNG contracts and both carbon contracts during core trading hours.

    Onboarding efforts continued across firm types. Abaxx maintained six active clearing members and non-direct clearing firm connections, with four additional clearers, that include global bank clearers, currently in progress to establish new clearing connectivity. Twenty-nine trading firms comprised of merchant traders and financial trading firms are now fully onboarded to execute Block Trades with twelve additional firms currently in the onboarding process; clients connected to Abaxx continue to be able to access Abaxx markets through the central limit order book. Fourteen interdealer brokers (IDBs) are onboarded with twelve more in progress. The quarter also included the first brand listing under the Lithium Carbonate Futures contract.

    Abaxx representatives participated in over 300 high-level meetings across 10 global industry events in Q1 2025. Executives were featured on panels at both E-World and the FT Commodities Global Summit, supporting commercial visibility and momentum. Abaxx was also shortlisted for the World LNG Award for Outstanding Contribution 2024.

    To support commercial growth in Asia in Q1, Abaxx expanded marketing efforts in China, including the launch of a dedicated Chinese-language website (https://cn.abaxx.exchange/) and the announcement of a co-hosted Mandarin-language battery metals seminar with Shanghai Metals Market, taking place April 8, 2025. The team also engaged in exploratory discussions with an external exchange group seeking to use Abaxx Clearing for third-party clearing services, and also engaged in exploratory discussions with external exchange groups based in China to collaborate on cross-jurisdictional (i.e. onshore/offshore) product listing opportunities with Abaxx Exchange and Clearing.

    To support broader market visibility, Abaxx Exchange launched abaxx.exchange/marketdata to provide access to market data publicly. Abaxx also formally launched its market data program in Q1, with six partners onboarded to date: five subscribers and one redistributor. Progress is underway to onboard multiple data distributors, including the leading global financial data provider currently in technical integration, another with a distribution network expected to extend Abaxx market visibility to over 100 million viewers, as well as additional partners supporting our broader data distribution strategy.

    Systems and Operations: Abaxx Exchange and Abaxx Clearing continued to operate reliably with no downtime since launch, supporting stable onboarding and trading. Systems testing is underway to support multi-currency settlement and collateralization, with rollout on track for completion by May 2025. The ISO/IEC 27001 audit for Abaxx Exchange infrastructure is in progress, with certification targeted for June 2025.

    The Company continues to enhance client onboarding workflows to ensure a seamless experience for market participants. In parallel, integration work is advancing across major market data vendors to expand access to Abaxx Exchange market data and meet growing participant demand.

    Exchange Product Development: Development of the Gold Singapore Futures contract progressed through Stage 3 (Industry Review/Risk/Regulatory), with launch planning underway. Abaxx also advanced a regional copper spread futures contract, a suite of weather derivatives, and carbon market contracts aligned with regional compliance programs, each currently in Stage 3. Certain weather and compliance carbon futures are expected to become the first Abaxx contracts priced in currencies other than U.S. dollars.

    Enhancements to the LNG contract suite included updates to the LNG Northwest Europe contract to incorporate Phase 2 compliance requirements under the EU Methane Regulation. Additional research is underway to update the list of eligible ports, including newly commissioned infrastructure. As of April 4, 2025, Calcasieu Pass LNG was added as an Eligible Loading Port under the Abaxx LNG Gulf of Mexico Futures Contract.

    Phase 2 work also continued on contract extensions designed to complement Abaxx benchmark products, as well as on meeting regulatory requirements for a suite of physically and financially-settled options.

    Additional Corporate Updates

    Abaxx Console Apps:   The Company released upgrades to the ID++ protocol and Verifier+ in Q1 2025, including integrations with Abaxx Exchange and SmarterMarkets Coffeehouse™. Verifier+ improvements followed its public release on the Apple App Store and Google Play, with enhanced app speed, simplified account recovery, broader device compatibility, and expanded user controls for account editing and deletion. Device-native features such as PIN entry and camera functionality were also upgraded.

    Messenger is in its final stages of pre-release testing ahead of deployment as a user support tool for Abaxx Exchange. Feature development for initial release is complete, with improvements to maintaining performance at scale now in testing. These include faster load times for messages, improved performance under load, and interface tools that help support teams manage multiple, ongoing conversations.

    Development of AbaxxOne was initiated as a middleware solution connecting enterprise identity systems (e.g., Auth0, Okta) to the Abaxx ecosystem.

    Abaxx Sign reached its initial functional milestone and is now progressing through internal testing and design partner feedback cycles.

    Integration of PrivacyCode progressed in Q1, with Verifier+ now available as a login option. This marks continued growth in the number of applications and platforms offering Verifier+ as a privacy-enabled authentication method across the Abaxx ecosystem.

    SmarterMarkets™: SmarterMarkets™ conducted on-site interviews at key industry events hosted by the Futures Industry Association and Financial Times in Q1 2025, capturing real-time insights from global market participants for upcoming compilation episodes. These conversations contribute to the ongoing dialogue around the future of energy, climate, technology, and finance — conversations that the SmarterMarkets Coffeehouse platform is designed to elevate.

    Development also began on the mobile application for SmarterMarkets Coffeehouse™, and contributor onboarding was completed for the first cohort of over 50 thought leaders across energy, AI, digital identity, carbon, and market infrastructure. Early contributors have begun publishing content on the platform. By combining verifiable credentials with tiered levels of access, Coffeehouse is designed to facilitate more open and trusted dialogue than traditional social media environments currently support.

    Those interested in joining as commenters or members can join the waitlist at https://smartermarkets.media/waitlist/.

    Q1 2025 Business Update Investor Call

    The Company plans to host a quarterly business update investor presentation, to provide a business update and respond to investor questions.

    The Company will hold the investor presentation via Zoom Meetings on Thursday, April 10th, 2025 at 10:00 a.m. Eastern Standard Time Zone (EST). The Company invites current and prospective shareholders to attend this quarterly business update and Q&A session with the Abaxx executive team. Attendees may email their questions in advance to ir@abaxx.tech.

    Registration will be required to access the meeting. Following the presentation, a recording of the session will be made available on the Abaxx Investor Relations website at investors.abaxx.tech.

    PRESENTATION DETAILS
    DATE: Thursday, April 10, 2025
    TIME: 10:00 a.m. EST
    LOCATION: Zoom Meeting
    To receive the meeting link and passcode, please register here.
    QUESTIONS: Please submit questions ahead of the presentation to: ir@abaxx.tech

    About Abaxx Technologies

    Abaxx is building Smarter Markets — markets empowered by better financial technology and market infrastructure to address our biggest challenges, including the energy transition. In addition to developing and deploying financial technologies that make communication, trade, and transactions easier and more secure, Abaxx is a majority-owner of Abaxx Exchange and Abaxx Clearing, subsidiaries recognized by MAS as an RMO and ACH, respectively.

    Abaxx Exchange and Abaxx Clearing are a Singapore-based commodity futures exchange and clearinghouse, introducing centrally cleared, physically deliverable commodities futures and derivatives to provide better price discovery and risk management tools for the commodities critical to our transition to a lower-carbon economy.

    For more information please visit abaxx.tech, abaxx.exchange and smartermarkets.media.

    For more information about this press release, please contact:
    Steve Fray, CFO
    Tel: +1 647 490 1590

    Media and investor inquiries:
    Abaxx Technologies Inc.
    Investor Relations Team
    Tel: +1 647 490 1590
    E-mail: ir@abaxx.tech

    Forward-Looking Statements

    This press release includes certain “forward-looking statements” which do not consist of historical facts. Forward-looking statements include estimates and statements that describe Abaxx’s future plans, objectives, or goals, including words to the effect that Abaxx expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “seeking”, “should”, “intend”, “predict”, “potential”, “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, “continue”, “plan” or the negative of these terms and similar expressions. Since forward-looking statements are based on current expectations and assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to Abaxx, Abaxx does not provide any assurance that actual results will meet respective management expectations. Risks, uncertainties, assumptions, and other factors involved with forward- looking information could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information.

    Forward-looking information related to Abaxx in this press release includes, but is not limited to: the business plans and objectives of Abaxx; the development of new products, futures contracts, markets and technologies and associated benefits; anticipated receipt of regulatory approvals; closing of a second tranche offering of secured convertible debentures; and onboarding of clearing members and firms. Such factors impacting forward-looking information include, among others: the inability to receive regulatory approvals in connection with financings or inability to finalize transaction documentation; risks relating to the global economic climate; dilution; Abaxx’s limited operating history; future capital needs and uncertainty of additional financing; the competitive nature of the industry; currency exchange risks; the need for Abaxx to manage its planned growth and expansion; the effects of product development and need for continued technology change; protection of proprietary rights; the effect of government regulation and compliance on Abaxx and the industry; acquiring and maintaining regulatory approvals for Abaxx’s products and operations; the ability to list Abaxx’s securities on stock exchanges in a timely fashion or at all; network security risks; the ability of Abaxx to maintain properly working systems; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; and volatile securities markets impacting security pricing unrelated to operating performance. In addition, particular factors which could impact future results of the business of Abaxx include but are not limited to: operations in foreign jurisdictions, protection of intellectual property rights, contractual risk, third-party risk; clearinghouse risk, malicious actor risks, third-party software license risk, system failure risk, risk of technological change; dependence of technical infrastructure; and changes in the price of commodities, capital market conditions, restriction on labor and international travel and supply chains, and the risk factors identified in the Company’s most recent management discussion & analysis filed on SEDAR+. Abaxx has also assumed that no significant events occur outside of Abaxx’s normal course of business.

    Abaxx cautions that the foregoing list of material factors is not exhaustive. In addition, although Abaxx has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, or intended. When relying on forward- looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Abaxx has assumed that the material factors referred to in the previous paragraphs will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking statements and information contained in this press release represents the expectations of Abaxx as of the date of this press release and, accordingly, is subject to change after such date. Abaxx undertakes no obligation to update or revise any forward-looking statements and information, whether as a result of new information, future events or otherwise, except as required by law. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements and information. Cboe Canada does not accept responsibility for the adequacy or accuracy of this press release.

    The MIL Network –

  • MIL-OSI Banking: Media Registration Opens for Ocean-Related Ministerial Meeting Singapore | 08 April 2025 Issued by the APEC Secretariat Media registration is now open for the 5th APEC Ocean-Related Ministerial Meeting (AOMM5) to be held in Busan, Republic of Korea, from 30 April to 1 May 2025.

    Source: APEC – Asia Pacific Economic Cooperation

    Media registration is now open for the 5th APEC Ocean-Related Ministerial Meeting (AOMM5) to be held in Busan, Republic of Korea, from 30 April to 1 May 2025.

    Under the theme of “Navigating our Blue Future—Connection, Innovation and Prosperity”, APEC ministers will convene to advance regional cooperation on ocean resilience, sustainable fisheries and economic development in the ocean and fisheries sector.

    The meeting will be chaired by Korea’s Minister of Oceans and Fisheries, Kang Do-Hyung at the Westin Busan Josun Hotel.

    This marks the first time APEC ministers have met to address ocean-related issues in more than a decade, with the last Ocean-Related Ministerial Meeting taking place in Xiamen, China in 2014.

    Read more: 2014 APEC Ocean-Related Ministerial Meeting Joint Statement

    Since then, APEC has continued to promote sustainable ocean and fisheries management, marine debris reduction and coastal resilience through various working groups and cross-fora collaboration. AOMM5 provides a renewed opportunity to accelerate regional action on ocean-related challenges that are critical to the well-being of coastal communities and the long-term prosperity of the Asia-Pacific.

    Key Media Opportunities:

    • Opening Session of AOMM5: Thursday, 1 May, 09:00-9:30 (KST)
    • Press Conference: Thursday, 1 May, 16:30–17:00 (KST)

    Media Accreditation:

    Media representatives wishing to cover the AOMM5 must be accredited in advance. To receive the media registration guidelines, please email [email protected] with the subject line: MEDIA [Economy name/organization name]. The deadline for media accreditation is 20 April 2025.

    A media lounge will be available to all registered media representative and will be located on the 2nd floor of The Westin Josun Busan on the following dates:

    • Wednesday, 30 April from 09:00–18:00 (KST)
    • Thursday, 1 May from 09:00–18:00 (KST)

    For more information please contact:
    [email protected]
    [email protected] 

    MIL OSI Global Banks –

  • MIL-OSI Economics: The Development Monitoring and Evaluation Office (DMEO) of NITI Aayog and New Development Bank’s Independent Evaluation Office (IEO) Sign a Statement of Intent to Strengthen Independent Evaluation in India

    Source: New Development Bank

    New Delhi, India, 7 April 2025: The Development Monitoring and Evaluation Office (DMEO) of the National Institution for Transforming India (NITI Aayog) and the Independent Evaluation Office (IEO) of the New Development Bank (NDB) have signed a statement of intent to enhance cooperation in the field of independent evaluation and capacity-building.

    The statement of intent establishes a framework for strategic and technical collaboration between DMEO and IEO, supporting evidence-based policymaking and improving development effectiveness. The partnership will focus on knowledge exchange, evaluation capacity-building, and awareness initiatives to reinforce India’s evaluation landscape.

    Key areas of cooperation between DMEO and IEO include:

    • Technical assistance: Sharing expertise and best practices in independent evaluation methodologies.
    • Capacity-building: Organising workshops and training programmes to strengthen technical capabilities at national and state levels.
    • Knowledge-sharing: Facilitating exchange of methodologies, tools and evaluation approaches.
    • Awareness and communications: Joint activities to promote M&E, including conferences, stakeholder meetings and learning events.

    In her message on this occasion, Ms. Nidhi Chhibber, Director-General, DMEO, NITI Aayog, stated, “By bringing together the expertise of DMEO, NITI Aayog and IEO, NDB, the partnership will facilitate the sharing of technical knowledge, development of methodologies, and capacity building, leading to a more synergistic and strengthened monitoring & evaluation ecosystem”.

    In his remarks, Mr. Ashwani K. Muthoo, Director General, IEO, NDB, noted, “With 26 projects worth USD 8.6 billion financed in India since 2016, NDB is deeply committed to supporting the country’s development journey. Independent evaluation ensures that these investments yield sustainable results. Through this collaboration with DMEO, we aim to not only enhance evaluation capacity but also contribute to India’s long-term development goals by strengthening accountability, evaluation-based knowledge-sharing and evidence-driven decision-making”.

    NDB’s portfolio in India spans critical sectors such as transport infrastructure (with 55% of its projects focused on this sector), water and sanitation (16%), renewable energy (3%), and COVID-19 emergency assistance (23%). These projects are spread across 13 states and union territories, with four initiatives having a nationwide scope.

    This partnership underscores NDB’s commitment to supporting India’s development agenda and reinforces its role in fostering sustainable and inclusive growth.

    About the New Development Bank

    NDB is a multilateral bank established in 2015 by Brazil, Russia, India, China and South Africa (BRICS) with the aim of mobilising resources for infrastructure and sustainable development projects in BRICS countries and emerging markets and developing countries (EMDCs). In alignment with its members’ development objectives and commitments under the Sustainable Development Goals (SDGs) and the Paris Agreement, NDB prioritises high-impact operations that are climate-smart, disaster-resilient, technology-integrated, and socially inclusive. NDB’s Independent Evaluation Office (IEO) is responsible for independently evaluating the Bank’s policies, strategies, processes, initiatives and operations. IEO also contributes and provides oversight to improve the effectiveness of the Bank’s quality assurance and self-evaluation activities.

    About the Development Monitoring and Evaluation Office (DMEO)

    DMEO was established by the Government of India on 18th September 2015, as an attached office of the NITI Aayog by merging the erstwhile Program Evaluation Office and Independent Evaluation Office. To ensure that DMEO is able to function independently, it has been given separate budgetary allocations and manpower in addition to complete functional autonomy. The Programme Evaluation Organization (PEO) was established by the Government of India in October 1952 with a specific task of evaluating the community development programmes and other intensive area development schemes which were being funded by the Government of India. It worked as a division of the erstwhile Planning Commission and was headed by an Adviser (PEO) who reported to the Member, Planning Commission. PEO had 15 field units (7 Regional Evaluation Offices + 8 Project Evaluation Offices) located across the country. In an effort to accord more functional autonomy to the programme evaluation mechanism in the country, the Government of India established the Independent Evaluation Office (IEO) in November, 2010. The IEO was headed by a Director General, equivalent to a Union Minister of State in rank and status.

    MIL OSI Economics –

  • MIL-OSI NGOs: Global: Recorded executions hit their highest figure since 2015

    Source: Amnesty International –

    Global executions hit their highest figure since 2015, as over 1,500 people were executed across 15 countries in 2024, said Amnesty International today as it released its annual report on the global use of the death penalty.

    According to the report, Death Sentences and Executions 2024, 1,518 executions were recorded in 2024 – the highest number since 2015 (at least 1,634) – with the majority in the Middle East. However, for the second year in a row, countries carrying out executions remained at the lowest point on record.

    The known totals do not include the thousands of people believed to have been executed in China, which remains the world’s lead executioner, as well as North Korea and Viet Nam which are also believed to resort to the death penalty extensively. Ongoing crises in Palestine (State of) and Syria meant that Amnesty International could not confirm a figure.

    The death penalty is an abhorrent practice with no place in
    today’s world.

    Agnès Callamard, Amnesty International’s Secretary General

    Iran, Iraq and Saudi Arabia were responsible for the overall rise in known executions. In total, the trio accounted for a staggering 1,380 recorded executions. Iraq almost quadrupled its executions (from at least 16 to at least 63) and Saudi Arabia doubled its yearly total (from 172 to at least 345), while Iran executed 119 more individuals than last year (from at least 853 to at least 972) – accounting for 64% of all known executions.

    “The death penalty is an abhorrent practice with no place in today’s world. While secrecy continued to shroud scrutiny in some countries that we believe are responsible for thousands of executions, it’s evident that states that retain the death penalty are an isolated minority. With just 15 countries carrying out executions in 2024, the lowest number on record for the second consecutive year, this signals a move away from this cruel, inhuman and degrading punishment,” said Agnès Callamard, Amnesty International’s Secretary General.

    “Iran, Iraq, and Saudi Arabia were responsible for the sharp spike in deaths last year, carrying out over 91% of known executions, violating human rights and callously taking people’s lives for drug-related and terrorism charges.”

    The five countries with the highest number of recorded executions in 2024 were China, Iran, Saudi Arabia, Iraq and Yemen.

    Authorities weaponizing death penalty

    Throughout 2024, Amnesty International witnessed leaders weaponizing the death penalty under the false pretence that it would improve public safety or to instil fear among the population. In the USA, which has experienced a steady upward trend in executions since the end of the Covid-19 pandemic, 25 people were executed (against 24 in 2023). Newly electedPresident Trump repeatedly invoked the death penalty as a tool to protect people “from violent rapists, murderers, and monsters”.  His dehumanizing remarks promoted a false narrative that the death penalty has a unique deterrent effect on crime.

    In some countries in the Middle East region, death sentences were used to silence human rights defenders, dissidents, protesters, political opponents, and ethnic minorities.

    Those who dare challenge authorities have faced the most cruel of punishments, particularly in Iran and Saudi Arabia, with the death penalty used to silence those brave enough to speak out.”

    Agnès Callamard

    “Those who dare challenge authorities have faced the most cruel of punishments, particularly in Iran and Saudi Arabia, with the death penalty used to silence those brave enough to speak out,” said Agnès Callamard.

    “In 2024, Iran persisted in their use of the death penalty to punish individuals who had challenged the Islamic Republic establishment during the Woman Life Freedom uprising. Last year saw two of those people – including a youth with a mental disability – executed in connection with the uprising following unfair trials and torture-tainted ‘confessions’, proving how far the authorities are willing to go to tighten their grip on power.”

    Saudi authorities continued to weaponize the death penalty to silence political dissent and punish nationals from the country’s Shi’a minority who supported “anti-government” protests between 2011 and 2013. In August, the authorities executed Abdulmajeed al-Nimr for terrorism-related offences related to joining Al-Qaeda, despite initial court documents referring to his participation in protests.

    The Democratic Republic of Congo announced its intention to resume executions while Burkina Faso’s military authorities announced plans to reintroduce the death penalty for ordinary crimes.

    Over 40% of 2024’s executions were carried out unlawfully for drug-related offences. Under international human rights law and standards, the use of the death penalty must be restricted for the ‘most serious crimes’ – sentencing people to death for drug-related offences does not meet this threshold.

    “Drug-related executions were prevalent in China, Iran, Saudi Arabia, Singapore and, while no confirmation was possible, likely Viet Nam. In many contexts,sentencing people to death fordrug-related offences has been found to disproportionately impact those from disadvantaged backgrounds, while it has no proven effect in reducing drug trafficking,” said Agnès Callamard.

    “Leaders who promote the death penalty for drug-related offences are proposing ineffective and unlawful solutions. States considering introducing capital punishment for drug-related offences, such as the Maldives, Nigeria and Tonga, must be called out and encouraged to put human rights at the centre of their drug policies.”

    The power of campaigning

    Despite a rise in executions, just 15 countries were known to have carried them out – the lowest number on record for the second consecutive year. As of today, 113 countries are fully abolitionist and 145 in total have abolished the death penalty in law or practice.

    In 2024, Zimbabwe signed into law a bill that abolished the death penalty for ordinary crimes. For the first time, more than two thirds of all UN member states voted in favour of the tenth General Assembly resolution on a moratorium on the use of the death penalty. Death penalty reforms in Malaysia also led to a reduction by more than 1,000 in the number of people at risk of execution.

    When people prioritize campaigning for an end to the death penalty, it really does work.

    Agnès Callamard

    Furthermore, the world witnessed the power of campaigning. Hakamada Iwao – who spent nearly five decades on death row in Japan – was acquitted in September 2024. This has continued into 2025. In March, Rocky Myers – a Black man sentenced to death in Alabama despite serious flaws in the proceedings – was granted clemency following calls from his family and legal team, a former juror, local activists and the international community.

    “When people prioritize campaigning for an end to the death penalty, it really does work,” said Agnès Callamard. “Despite the minority of leaders determined to weaponize the death penalty, the tide is turning. It’s only a matter of time until the world is free from the shadows of the gallows.”

    MIL OSI NGO –

  • MIL-OSI NGOs: Global: Executions highest on record since 2015 – new death penalty report

    Source: Amnesty International –

    In 2024, global executions surged to 1,518, the highest since 2015 ​

    Iran, Iraq and Saudi Arabia responsible for 91% of executions

    Known totals do not include thousands of people believed to have been executed in China, which remains the world’s lead executioner

    Countries weaponising death penalty against protesters and there’s a rise in drug-related executions

    ‘Those who dare challenge authorities have faced the cruellest of punishments, particularly in Iran and Saudi Arabia, with the death penalty used to silence those brave enough to speak out’ – Agnès Callamard

    Global executions hit their highest figure since 2015, as over 1,500 people were executed across 15 countries in 2024, said Amnesty International today as it released its annual report on the global use of the death penalty.

    The 48-page report, Death Sentences and Executions 2024, found that 1,518 executions were recorded in 2024 – the highest number since 2015 (at least 1,634) – with the majority in the Middle East. However, for the second year in a row, countries carrying out executions remained at the lowest point on record.

    The known totals do not include the thousands of people believed to have been executed in China, which remains the world’s lead executioner, as well as North Korea and Vietnam which are also believed to resort to the death penalty extensively. Ongoing crises in Palestine (State of) and Syria meant that Amnesty could not confirm a figure.

    Iran, Iraq and Saudi Arabia were responsible for the overall rise in known executions. In total, the three countries accounted for a staggering 1,380 recorded executions. Iraq almost quadrupled its executions from at least 16 to at least 63 and Saudi Arabia doubled its yearly total from 172 to at least 345, while Iran executed 119 more individuals than last year rising from at least 853 to at least 972 accounting for 64% of all known executions.

    Agnès Callamard, Amnesty International’s Secretary General, said:

    “The death penalty is an abhorrent practice with no place in today’s world. While secrecy continued to shroud scrutiny in some countries that we believe are responsible for thousands of executions, it’s evident that countries that retain the death penalty are an isolated minority. With just 15 countries carrying out executions in 2024, the lowest number on record for the second consecutive year, this signals a move away from this cruel, inhuman and degrading punishment.

    “Iran, Iraq, and Saudi Arabia were responsible for the sharp spike in deaths last year, carrying out over 91% of known executions, violating human rights and callously taking people’s lives for drug-related and terrorism charges.”

    Authorities weaponising death penalty

    Throughout 2024, Amnesty witnessed leaders weaponising the death penalty under the false pretence that it would improve public safety or to instil fear among the population. In the USA, which has experienced a steady upward trend in executions since the end of the Covid-19 pandemic, 25 people were executed (against 24 in 2023). Newly elected President Trump repeatedly invoked the death penalty as a tool to protect people “from violent rapists, murderers, and monsters”. His dehumanising remarks promoted a false narrative that the death penalty has a unique deterrent effect on crime.

    In some countries in the Middle East region, death sentences were used to silence human rights defenders, dissidents, protesters, political opponents, and ethnic minorities.

    Agnès Callamard added:

    “Those who dare challenge authorities have faced the cruellest of punishments, particularly in Iran and Saudi Arabia, with the death penalty used to silence those brave enough to speak out.

    “In 2024, Iran persisted in their use of the death penalty to punish individuals who had challenged the Islamic Republic establishment during the Woman Life Freedom uprising. Last year saw two of those people – including a youth with a mental disability – executed in connection with the uprising following unfair trials and torture-tainted ‘confessions’, proving how far the authorities are willing to go to tighten their grip on power.”

    Saudi authorities continued to weaponise the death penalty to silence political dissent and punish nationals from the country’s Shi’a minority who supported “anti-government” protests between 2011 and 2013. In August, the authorities executed Abdulmajeed al-Nimr for terrorism-related offences related to joining Al-Qaeda, despite initial court documents referring to his participation in protests.

    The Democratic Republic of Congo announced its intention to resume executions while Burkina Faso’s military authorities announced plans to reintroduce the death penalty for ordinary crimes.

    Rise in executions for drug-related offences

    Over 40% of executions in 2024 were carried out unlawfully for drug-related offences. Under international human rights law and standards, the use of the death penalty must be restricted for the ‘most serious crimes’ – sentencing people to death for drug-related offences does not meet this threshold.

    Agnès Callamard said:

    “Drug-related executions were prevalent in China, Iran, Saudi Arabia, Singapore and, while no confirmation was possible, likely Vietnam. In many contexts, sentencing people to death for drug-related offences has been found to disproportionately impact those from disadvantaged backgrounds, while it has no proven effect in reducing drug trafficking.

    “Leaders who promote the death penalty for drug-related offences are proposing ineffective and unlawful solutions. States considering introducing capital punishment for drug-related offences, such as the Maldives, Nigeria and Tonga, must be called out and encouraged to put human rights at the centre of their drug policies.”

    The power of campaigning

    Despite a rise in executions, just 15 countries were known to have carried them out – the lowest number on record for the second consecutive year. As of today, 113 countries are fully abolitionist and 145 in total have abolished the death penalty in law or practice.

    In 2024, Zimbabwe signed into law a bill that abolished the death penalty for ordinary crimes. For the first time, more than two thirds of all UN member states voted in favour of the tenth General Assembly resolution on a moratorium on the use of the death penalty. Death penalty reforms in Malaysia also led to a reduction by more than 1,000 in the number of people at risk of execution.

    Furthermore, the world witnessed the power of campaigning. Hakamada Iwao – who spent nearly five decades on death row in Japan – was acquitted in September 2024. This has continued into 2025. In March, Rocky Myers – a Black man sentenced to death in Alabama despite serious flaws in the proceedings – was granted clemency following calls from his family and legal team, a former juror, local activists and the international community.

    Agnès Callamard added:

    “When people prioritise campaigning for an end to the death penalty, it really does work. Despite the minority of leaders determined to weaponise the death penalty, the tide is turning. It’s only a matter of time until the world is free from the shadows of the gallows.”

    MIL OSI NGO –

  • MIL-OSI China: Chinese peacekeepers to Lebanon help South Korean counterparts neutralize expired high explosive ammunition 2025-04-08 17:18:05 Recently, the 23rd Chinese peacekeeping multi-role engineering company to the UNIFIL dispatched an EOD team to help the South Korean peacekeeping troops neutralize expired high explosive ammunition.

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

      By Yang Yuan, Zhang Boyu and Zeng Xuetong

      BEIJING, Apr. 8 — Recently, the 23rd Chinese peacekeeping multi-role engineering company to the United Nations Interim Force in Lebanon (UNIFIL) dispatched an explosive ordnance disposal (EOD) team to help the South Korean peacekeeping troops neutralize expired high explosive ammunition, thereby eliminating security risks in the UNIFIL camps.

      The continuing tension in southern Lebanon exacerbates the already acute challenge faced by the UNIFIL troop-contributing countries in the disposal of expired ammunition. Recently, the Chinese EOD team was assigned by the Combat Engineering Division of the UNIFIL Operations Department to destroy 277.2 kilograms of expired COMP-C4 explosives.

      Prior to the operation, the Chinese peacekeepers conducted an overall security assessment of the blasting site under the control of the UNIFIL. During the process, all steps, including the movement, placement and detonation of the explosives, were conducted in strict accordance with the UN standard operating procedures. After the successful destruction of the expired high explosive ammunition, the South Korean peacekeeping troops expressed their heartfelt thanks to the Chinese EOD team.

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    MIL OSI China News –

  • MIL-OSI Europe: From pollution to solution

    Source: European Investment Bank

    While most of the graphite used in industry today is synthetic graphite imported from China, UP Catalyst’s synthetic graphite offers some important advantages. For a start, whereas most synthetic graphite is made from heating petroleum industry biproducts to high temperature and therefore entail high CO2 emissions, UP Catalyst gets its CO2 from biogas and its electricity from renewable sources in a process that is overall carbon negative.

    “Typically, synthetic graphite is a very carbon intensive product, which is basically made from petroleum refinery residues,” explains Jonas Wolff, a senior advisor at the European Investment Bank. “But because UP Catalyst is using CO2 emissions from biofuels, they are effectively taking CO2 out of circulation and permanently sequestrating its carbon, which is hugely beneficial, in terms of our climate objectives.”

    Another positive aspect of UP Catalyst’s process is that it could help the European Union to reduce its dependence on graphite imports from China, which currently supplies about 95% of the material. Recognising the potential of the technology, the company’s project that plans to turn a quarter of a million tons of CO2 into graphite was recently listed as one of 47 Strategic Projects for critical raw materials by the European Commission, a designation that means it will benefit from coordinated support by the Commission, Member States and financial institutions as well as streamlined permitting provisions.

    MIL OSI Europe News –

  • MIL-OSI Asia-Pac: HKMA and banking sector support SMEs from various industries

    Source: Hong Kong Government special administrative region

    The following is issued on behalf of the Hong Kong Monetary Authority:

    The Hong Kong Monetary Authority (HKMA), together with the banking sector, introduced today (April 8) sector-specific support measures to further assist more small and medium-sized enterprises (SMEs) in obtaining bank financing and in their upgrade and transformation. The measures were introduced following meetings held by the Banking Sector SME Lending Coordination Mechanism (Mechanism) and the Taskforce on SME Lending (Taskforce) today.
     
    Since the launch of the “9+5” (Note 1) SME support measures by the HKMA and the banking sector last year, more than 39 000 SMEs have benefitted from these measures, involving an aggregate credit limit of over HK$95 billion. The total amount of dedicated funds for SMEs set aside by the participating banks in the Taskforce in their loan portfolio has increased from HK$370 billion in October 2024 to more than HK$390 billion at present.
     
    With the establishment of the Taskforce in August 2024, the HKMA and the banking sector have been actively strengthening the work of supporting SMEs at both the individual case and the industry levels. Up until the end of March 2025, the Taskforce has received around 590 enquiries and cases from various industries through different channels, of which nearly 90 per cent have been handled. At the industry level, the Taskforce has held more than 160 engagement events with trade associations and representatives from different industry sectors―including the retail and wholesale, import and export and manufacturing, construction, and transport sectors ― to gain a deeper understanding of the operations of SMEs in various industries.
     
    In the light of the current trade tension and uncertainties surrounding the external economic environment, and after taking into account and discussing the views of the commercial sectors in the Mechanism and Taskforce meetings, the banking sector reaffirmed its commitment to actively implement the “9+5” SME support measures previously launched. The banking sector will continue to be accommodative in offering credit reliefs, including flexible repayment arrangements and deferment of repayment period, referencing the principles under the Pre-approved Principal Payment Holiday Scheme, to assist corporates in coping with their liquidity needs. Furthermore, banks will introduce more targeted support for various industries under the overarching principle of prudent risk management:
     

    1. Import and export and manufacturing sectors: The commercial sectors reflected their concerns about the current global trade frictions during the meeting. The participating banks agree to provide flexible extensions to trade facilities (e.g. 90 or 120 days), or offer alternative suitable credit arrangements (such as repaying the trade loans by instalments, providing partial principal repayment options, or even offering principal moratorium), to assist individual customers experiencing short-term cashflow pressure due to trade frictions. The Mechanism and the Taskforce will closely monitor the latest developments regarding global tariff disputes and maintain dialogue with the import and export and manufacturing sectors. 
        
    2. Construction sector: The participating banks will assist corporates facing cashflow pressure, particularly subcontractors in the construction sector that may be experiencing sudden cashflow pressure due to capital chain rupture, through a collaborative mechanism. The banks will collaboratively offer flexible financial arrangements as far as practicable to alleviate customers’ cashflow pressure. 
       
    3. Transport sector: The participating banks will actively consider introducing financing products that are better suited to the transport sector, with a view to supporting the Government’s implementation of measures to enhance taxi services. The banks will offer more flexible repayment arrangements to assist customers in coping with operational challenges, taking into account individual circumstances. The banks will also consider correspondingly extending the loan tenor to support the development of the sector (Note 2).

    ​
         Furthermore, the HKMA and the banking sector will support the economic development of Hong Kong in other areas, including:
     

    1. Lease extension: The banking sector will strengthen the promotion of the Extension of Government Leases Ordinance (the Ordinance) (Note 3). Banks will ensure that frontline staff are familiar with land lease extension matters under the Ordinance, so that they can properly address customers’ mortgage enquiries related to land leases and offer suitable services to them. 
       
    2. Northern Metropolis development: With the HKMA’s facilitation, the Hong Kong Association of Banks and the Chinese Banking Association of Hong Kong have recently engaged with the Development Bureau to gain an understanding of the latest development of the Northern Metropolis. The banking sector will explore ways to provide suitable financing support to tie in with the Government’s implementation of large-scale land disposal and other developments. 

    The HKMA and the banking sector will maintain close communication with the commercial sectors through the Mechanism and the Taskforce and work in concert to support the business development and transformation of SMEs.
     
    Background
    ————–

    The Banking Sector SME Lending Coordination Mechanism

    The Banking Sector SME Lending Coordination Mechanism was established by the HKMA in October 2019. Participants include 11 banks (Note 4) that are most active in SME lending, the Hong Kong Association of Banks (HKAB) and the HKMC Insurance Limited. Since its establishment, the HKMA and the Mechanism have rolled out several rounds of relief measures for corporates, including the Pre-approved Principal Payment Holiday Scheme and the nine SME support measures launched in March 2024.
     
    The Taskforce on SME Lending

    The Taskforce on SME Lending was jointly established by the HKMA and HKAB in August 2024. Participants include representatives of the HKMA, HKAB and 18 banks (Note 5) that are active in SME lending. The Taskforce aims to further strengthen the related work for supporting SMEs at both the individual case and the industry levels. These include setting up a mechanism to handle individual cases of SMEs encountering difficulties when obtaining bank financing, working out appropriate solutions across banks and enhancing communication among the HKMA, the banking industry and the commercial sector so as to understand the financing needs of SMEs in a more timely manner.

    Note 1: The HKMA and the banking sector introduced nine measures to support SMEs’ access to financing and continuous development in March 2024, and another five measures to support SMEs’ upgrade and transformation in October 2024.

    Note 2: The above-mentioned arrangements are also applicable to taxi loans, public light bus loans and commercial vehicle loans taken out by personal customers. 

    Note 3: Under the Ordinance, which came into effect on July 5, 2024, general purpose leases (i.e. general residential, commercial, industrial leases) will be extended upon expiry for a term of 50 years without payment of any additional premium, but subject to an annual payment of Government rent at 3 per cent of rateable value. The encumbrances, interests and rights under the original lease (such as mortgages) will be carried forward to the extended lease term without being affected, and owners are no longer required to execute lease extension documents with the Government or re-arrange mortgages. The Ordinance is not applicable to special purpose leases (SPL) (including purposes such as petrol filling station, education, recreation, public utility, welfare and special industries). The Lands Department has made an “SPL identification note” in the Land Registry register for SPLs for identification.

    Note 4: Bank of China (Hong Kong), Bank of East Asia, China Construction Bank (Asia), Citibank, Dah Sing Bank, DBS Bank (Hong Kong), Hang Seng Bank, The Hongkong and Shanghai Banking Corporation, Industrial and Commercial Bank of China (Asia), OCBC Bank (Hong Kong), and Standard Chartered Bank (Hong Kong).

    Note 5: Including the 11 banks participating in the Mechanism, and Bank of Communications (Hong Kong), China CITIC International, Fubon Bank (Hong Kong), Fusion Bank, Nanyang Commercial Bank, PAO Bank and Shanghai Commercial Bank.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: LCSD’s “Hong Kong Artists” Series to present cross-genre arts performance “Soundscape Impressions” in May (with photos)

    Source: Hong Kong Government special administrative region

    LCSD’s “Hong Kong Artists” Series to present cross-genre arts performance “Soundscape Impressions” in May       
         The first half of the programme opens with Debussy’s “Sonata in G minor, L. 140” and Saint-Saëns’s “Suite for Cello and Piano, Op.16”, paired with the paintings of small animals and natural scenery of the four seasons respectively to highlight the resonance between music and painting. It is followed by Ravel’s piano four-hand work “‘Ma Mère l’Oye’ (The Mother Goose) Suite”, inviting audiences into a whimsical fairytale world through the interplay of melodies and painting images. The second half features Ravel’s “Piano Trio in A minor” accompanied by paintings depicting the Hong Kong cityscape, which further explores the boundless possibilities of cross-genre artistic inspiration. This fusion also allows audiences to appreciate and interpret classical music and paintings from multiple perspectives.
          
         Lee is currently the Honorary Artist-in-Residence of the Education University of Hong Kong and a tutor at the Hong Kong Academy for Performing Arts (HKAPA) and the Hong Kong Baptist University (HKBU). Lee has performed worldwide in solo recitals and with numerous renowned orchestras, such as Warsaw Philharmonic Orchestra, China Philharmonic Orchestra, the Israel Philharmonic Orchestra and Hong Kong Philharmonic Orchestra, among others. She has appeared in major festivals, including the Duszniki Festival Poland, Musicus Fest in Espoo, Finland and Shanghai New Music Week.
          
         Fu currently engages in painting and art education. He is a tutor in watercolour painting courses at the School of Continuing and Professional Studies of the Chinese University of Hong Kong. His works centre on everyday scenes of life and people and have been exhibited in more than 20 countries in Europe, America and Asia. He has also received numerous awards, including the Honorable Mention Award in the 2nd International Watercolor Society India Biennale in 2017, the Special Prize in the Poland International Watercolor Competition in 2019 and the Silver Award at the third Asia Pacific Art Biennial Exhibition the following year.
          
         Chan is a violinist sought after as a soloist and chamber player around the globe. He is a two-time Sylva Gelber Music Foundation Award recipient in Canada. In 2023, Chan won the Musicus Society’s Young Artist Audition and was selected to join the roster of Musicus Soloists Hong Kong.
          
         Poon now serves as the Artistic Director of the Hong Kong International Cello Association and teaches at the HKAPA and the HKBU. Poon’s performance engagements with various organisations have taken her to China, Thailand, Japan, Italy, France, Spain, and more, in addition to her regular concert appearances in Hong Kong. 
          
         Young pianist Wong has given solo recitals in the United States, Europe and Asia and has performed at venues, such as the National Concert Hall in Dublin and Carnegie Hall in New York. She is a prize winner in the 2022 Steinway Förderpreis Münster and gained first prizes in the Karlovac International Piano Competition, the Valletta International Piano Competition, and more.
     
    The “Hong Kong Artists” Series: “Soundscape Impressions” will be staged at 8pm on May 10 (Saturday) at the Studio Theatre of the Hong Kong Cultural Centre. Tickets priced at $240 and $320 are now available at URBTIX (www.urbtix.hk 
    The programme will also feature an open rehearsal at 4pm on May 9 (Friday) at the Studio Theatre of the Hong Kong Cultural Centre, with free admission specially for local primary and secondary school students, giving students a chance to appreciate the unique cross-genre arts performance. Interested schools can call 2268 7321 for details.
     
    The “Hong Kong Artists” Series of the LCSD aims to provide a platform for local artists to showcase their remarkable talents. In addition to individual performances, it also encourages cross-genre works to highlight their unique styles. This year’s series will introduce 10 distinguished musicians in six stunning programmes, featuring violin, piano, cello, guzheng and vocal arts. Among them, a cross-genre performance of music and painting will be staged to showcase Hong Kong’s unique cultural character, embracing diversity and innovation. For more information, please visit     www.lcsd.gov.hk/CE/CulturalService/Programme/en/music/groups_1823.htmlIssued at HKT 14:30

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Remarks by CE at media session before ExCo (with video)

    Source: Hong Kong Government special administrative region

         Following are the remarks by the Chief Executive, Mr John Lee, at a media session before the Executive Council meeting today (April 8):

    Reporter: Chief Executive, two questions. Are there any concrete measures the Government would do to help local businesses affected by tariff and, in your perception, how would the tariff attack Hong Kong’s unemployment rate? And the second question is on the Panama deal, how should local companies respond to Beijing’s criticism, and would the antitrust probe and the possible failed deal affect people’s perception that companies in Hong Kong must ultimately answer to Beijing?
     
    Chief Executive: Last week, the US announced the imposition of so-called reciprocal tariff on trading partners around the world, including an additional 34 per cent tariff on Hong Kong products. Together with the 20 per cent tariff announced earlier, the total tariff imposed on Hong Kong products is up to 54 per cent. The US no longer adheres to free trade, arbitrarily undermining the internationally established rules of world trade. Its ruthless behaviour damages global and multilateral trade. The reckless imposition of tariff affects many countries and regions around the world with huge tax rate increases covering a wide range of goods, disrupting the world economic and trade order, and bringing great risks and uncertainties to the world. In response to the US’s imposition of tariff, the Government will strengthen its strategy in seven areas.
     
         First, we shall fully seize the opportunities in our country, China’s development, and actively integrate into national development. China is the world’s second-largest economy and second-largest consumer goods market, with a domestic market of 1.4 billion people. Hong Kong will take full advantage of CEPA (Mainland and Hong Kong Closer Economic Partnership Arrangement) to attract more foreign companies to set up operations to capitalise on the benefits of “one country, two systems”. As of the end of last year, the accumulated tariff concessions on goods under CEPA exceeded RMB10.2 billion.
     
         Second, we shall strengthen international exchanges and deepen regional ties and co-operation. We shall sign more free trade agreements (FTAs) with countries and economies. Today, Hong Kong’s FTAs already cover 21 economies. We are currently negotiating investment agreements with Saudi Arabia, Bangladesh, Egypt and Peru. We will continue to push for Hong Kong’s early accession to the RCEP (Regional Comprehensive Economic Partnership) to deepen regional co-operation. We are already planning to establish economic and trade offices in Malaysia and Saudi Arabia. Additionally, Invest Hong Kong and the Hong Kong Trade Development Council have set up offices in Cairo, Egypt; Izmir, Türkiye; and Cambodia to proactively expand Hong Kong’s global trade and economic network.
     
         Third, Hong Kong will accelerate industrial transformation by developing a high value-added, innovation-driven economic model. We will expedite the establishment of a high value-added supply chain service hub and promote the growth of a headquarters economy.
     
         Fourth, we will intensify efforts to develop technological innovation, attract top-tier talent, and further strengthen Hong Kong’s competitiveness. We will focus efforts on establishing Hong Kong as a technological and Innovation hub, accelerating development of the Hetao (Hetao Shenzhen-Hong Kong Science and Technology Innovation Co-operation Zone) and San Tin Technopole, and continuing to attract top-tier talent and enterprises, particularly key strategic companies.
     
         Fifth, we will vigorously advance international financial co-operation to attract investments and capital. I, along with government officials, have conducted multiple visits to emerging markets to forge new partnerships. Notably, we engaged with ASEAN (Association of Southeast Asian Nations) and Middle East countries to establish mutual recognition with their stock exchanges.
     
         Sixth, we will seize the world’s major trend of geographical diversification, proactively attracting foreign companies and capital to establish in Hong Kong, because Hong Kong can provide security and stability to investors and enterprises under “one country, two systems”.
     
         Seventh, we will continue to provide various support to help Hong Kong enterprises to cope with the impact of tariff and external challenges, including capital flow assistance, export credit insurance measures, supporting Hong Kong enterprises in brand development, upgrading and exploring new markets through the BUD special fund (Dedicated Fund on Branding, Upgrading and Domestic Sales), etc.
     
         In respect to your question about Hutchison’s deal to sell some ports, I have earlier made three points, and they remain valid, clear and explicit. I will repeat them. First, there have been extensive discussions in society about the issue, and this reflects society’s concern over the matter. These concerns deserve serious attention. Second, the Hong Kong Special Administrative Region Government urges foreign governments to provide a fair and just environment for enterprises, including enterprises from Hong Kong. We oppose the abusive use of coercion or bullying tactics in international economic and trade relations. Third, any transaction must comply with legal and regulatory requirements. Hong Kong will handle it in accordance with the law and regulations. I have noted that the State Administration for Market Regulation of the PRC (People’s Republic of China) has noticed the deal, and will review it in accordance with the law to ensure fair market competition and protect public interest.
     
    (Please also refer to the Chinese portion of the remarks.)

    MIL OSI Asia Pacific News –

  • MIL-OSI: Himax Announces Leadership Transition in Investor and Public Relations

    Source: GlobeNewswire (MIL-OSI)

    TAINAN, Taiwan, April 08, 2025 (GLOBE NEWSWIRE) — Himax Technologies, Inc. (Nasdaq: HIMX) (“Himax” or “Company”), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today announced the retirement of Mr. Eric Li, former Chief IR/PR Officer and Spokesperson. The company appointed Miss Karen Tiao as the new Head of IR/PR and Spokesperson, effective immediately. Miss Tiao joined Himax in 2019 and currently serves as Senior Investor Relations Manager. In her new role, Miss Tiao will report directly to CEO Jordan Wu.

    “On behalf of the Board, I would like to extend our utmost gratitude to Mr. Eric Li for his dedicated service to Himax. We wish him all the best in his retirement,” said Biing-Seng Wu, Chairman of Himax. “Miss Tiao’s extensive experience in investor and public relations, developed over her years at Himax, along with her deep understanding of the company’s operations and strategies, will help ensure a smooth transition,” Dr. Wu added.

    About Himax Technologies, Inc.

    Himax Technologies, Inc. (NASDAQ: HIMX) is a leading global fabless semiconductor solution provider dedicated to display imaging processing technologies. The Company’s display driver ICs and timing controllers have been adopted at scale across multiple industries worldwide including TVs, PC monitors, laptops, mobile phones, tablets, automotive, ePaper devices, industrial displays, among others. As the global market share leader in automotive display technology, the Company offers innovative and comprehensive automotive IC solutions, including traditional driver ICs, advanced in-cell Touch and Display Driver Integration (TDDI), local dimming timing controllers (Local Dimming Tcon), Large Touch and Display Driver Integration (LTDI) and OLED display technologies. Himax is also a pioneer in tinyML visual-AI and optical technology related fields. The Company’s industry-leading WiseEyeTM Ultralow Power AI Sensing technology which incorporates Himax proprietary ultralow power AI processor, always-on CMOS image sensor, and CNN-based AI algorithm has been widely deployed in consumer electronics and AIoT related applications. Himax optics technologies, such as diffractive wafer level optics, LCoS microdisplays and 3D sensing solutions, are critical for facilitating emerging AR/VR/metaverse technologies. Additionally, Himax designs and provides touch controllers, OLED ICs, LED ICs, EPD ICs, power management ICs, and CMOS image sensors for diverse display application coverage. Founded in 2001 and headquartered in Tainan, Taiwan, Himax currently employs around 2,200 people from three Taiwan-based offices in Tainan, Hsinchu and Taipei and country offices in China, Korea, Japan, Germany, and the US. Himax has 2,603 patents granted and 389 patents pending approval worldwide as of March 31, 2025.

    http://www.himax.com.tw

    Forward Looking Statements

    Factors that could cause actual events or results to differ materially from those described in this conference call include, but are not limited to, the effect of the Covid-19 pandemic on the Company’s business; general business and economic conditions and the state of the semiconductor industry; market acceptance and competitiveness of the driver and non-driver products developed by the Company; demand for end-use applications products; reliance on a small group of principal customers; the uncertainty of continued success in technological innovations; our ability to develop and protect our intellectual property; pricing pressures including declines in average selling prices; changes in customer order patterns; changes in estimated full-year effective tax rate; shortage in supply of key components; changes in environmental laws and regulations; changes in export license regulated by Export Administration Regulations (EAR); exchange rate fluctuations; regulatory approvals for further investments in our subsidiaries; our ability to collect accounts receivable and manage inventory and other risks described from time to time in the Company’s SEC filings, including those risks identified in the section entitled “Risk Factors” in its Form 20-F for the year ended December 31, 2024 filed with the SEC, as may be amended.

    Company Contacts:
      
    Karen Tiao, Head of IR/PR
    Himax Technologies, Inc.
    Tel: +886-2-2370-3999
    Fax: +886-2-2314-0877
    Email: hx_ir@himax.com.tw
    www.himax.com.tw

    Mark Schwalenberg, Director
    Investor Relations – US Representative
    MZ North America
    Tel: +1-312-261-6430
    Email: HIMX@mzgroup.us
    www.mzgroup.us

    The MIL Network –

  • MIL-OSI Global: Trump’s tariff hikes and South Africa: hunt for new agricultural markets must begin now

    Source: The Conversation – Africa – By Wandile Sihlobo, Senior Fellow, Department of Agricultural Economics, Stellenbosch University

    The South African government has underscored the urgent need to diversify the country’s agricultural exports in the wake of the US decision to increase tariffs on its trading partners.

    The progress of South Africa’s agricultural sector has relied partly on exports, which now account for roughly half of the production in value terms. South Africa’s agricultural exports reached a new record of US$13.7 billion in 2024, up 3% from the previous year, according to data from Trade Map. South Africa also imports various agricultural products. In 2024, South Africa’s agricultural imports amounted to US$7.6 billion.

    The US accounts for 4% of South Africa’s agricultural exports. The biggest agricultural exports to the US are citrus, wine, grapes and nuts. These typically entered the US market duty free, and now fall under the tariff level of between 10% and 31% which Washington has levied on South Africa.

    The ministers of International Relations and Cooperation and of Trade, Industry and Competition said in a statement after Washington’s move:

    Efforts will intensify to diversify export destinations, targeting markets across Africa, as well as in Asia, Europe, the Middle East, and the Americas. Moreover, where deemed appropriate, such efforts will also involve bilateral arrangements that allow for the pursuance of our national interest.

    As a medium to longer term strategy this makes sense in the context of the trade friction with the US and the overall growth of South Africa’s agricultural sector. But export diversification will take time to achieve. New markets take time to open up because negotiations with countries, especially in agricultural products, are complex. For example, it took 16 years for South Africa to reopen Thailand for apple exports.

    Moreover, trade agreements typically take a minimum of five years to conclude.

    This means that, in the short term, the South African government will urgently be seeking to engage with Washington to maintain critical access to the US market. In their joint statement, the two departments managing the fallout said they would be seeking “additional exemptions and favourable quota agreements”.

    So what does the long-term strategy look like? And what are the building blocks that need to be put in place to secure diversified destinations for South Africa’s agricultural products in the future?

    As an agricultural economist who has looked at these issues for some time, I would recommend these three areas of focus.

    Firstly, South Africa trade authorities should put resources into understanding the opportunities in dynamic markets in the Gulf and Asia. Saudi Arabia, the United Arab Emirates and Qatar are some of the key markets in the Gulf. In Asia, China, India and Vietnam should remain priorities.

    Secondly, the agricultural sector and government need to develop better ways of working together. This will help ensure business relationships are cultivated in the countries that the government is engaging, and that there’s alignment between the commercial and political interests of the country.

    Thirdly, South Africa’s agricultural sector – government and organised agriculture – must get its house in order. For example, promoting livestock products won’t work unless the necessary disease controls are in place.

    Opportunities

    The African continent accounts for the biggest share of South African exports at 38%. The EU accounted for a 19% share in 2023. Asia and the Middle East accounted for a quarter of South Africa’s agricultural exports in the same year.

    Asia and the Far East, in particular China, have already been identified as key growth areas. Even though Asia and the Middle East are strong destination points, huge pockets of opportunity remain in terms of products and countries.

    The Brics grouping remains crucial in this endeavour. Here, the South African government must have a sharper focus on lowering import tariffs and phytosanitary barriers in countries such as China, India and Saudi Arabia.

    China is the biggest opportunity, largely because of its population and economic size. China, the world’s second largest economy after the US, must feed 1.4 billion people. To do this, China is a huge importer, resulting in an agricultural trade deficit with the rest of the world of about US$117 billion. This suggests there’s a gap for countries with good agricultural offerings.

    Vietnam and India also have sizeable populations. Importantly, South Africa remains a small participant in their agricultural markets.

    The sectors worth targeting include horticulture and wine producers. Expanding exports in these sectors has been a long-running talking point. Now there’s a need for renewed energy and urgency from the government officials’ side.

    The livestock industry is also geared to promote its exports.

    In the short term

    Agricultural stakeholders can play a constructive role in supporting the government’s efforts to engage the US. Stakeholders can assess the impact of the increased US tariff on their exports, mainly citrus, grapes, wine, and nuts, among other products, as well as the impact on jobs in their regions.

    There is also scope to provide more flexibility for American products in the South African market to ease current trade tensions. For example, South Africa currently allows US exporters to sell over 70,000 tonnes of poultry products into the country without any tariff. However, US poultry producers have only used less than 60% of this quota. One reason for this is the low-quality products that have not met the South African specifications. Hence the need to seek negotiating points.

    Next steps

    Trade is about trade-offs and backing the correct winners.

    Both organised agriculture – commodity associations – and business must work together to define new priorities for the country and how these can be pursued internationally.

    Negotiating free trade agreements should be the mainstay of trade policy. South Africa has excelled in opening up new markets in the past 20 years, by concluding several free trade agreements with critical regional and international markets. These include deals with the Southern African Development Community countries as well as the region’s agreement with the European Union and the African Continental Free Trade Area.

    It needs to expand this list.

    But free trade agreements require hard choices over which industries a country is prepared to place on the table for possible trade-offs while building long-term competitiveness in sectors that can be major drivers for growth.

    Government must engage the various agricultural sectors about their key priorities and what trade-offs they’re prepared to consider.

    Wandile Sihlobo is the Chief Economist of the Agricultural Business Chamber of South Africa (Agbiz) and a member of the Presidential Economic Advisory Council (PEAC).

    – ref. Trump’s tariff hikes and South Africa: hunt for new agricultural markets must begin now – https://theconversation.com/trumps-tariff-hikes-and-south-africa-hunt-for-new-agricultural-markets-must-begin-now-253984

    MIL OSI – Global Reports –

  • MIL-OSI Africa: Trump’s tariff hikes and South Africa: hunt for new agricultural markets must begin now

    Source: The Conversation – Africa – By Wandile Sihlobo, Senior Fellow, Department of Agricultural Economics, Stellenbosch University

    The South African government has underscored the urgent need to diversify the country’s agricultural exports in the wake of the US decision to increase tariffs on its trading partners.

    The progress of South Africa’s agricultural sector has relied partly on exports, which now account for roughly half of the production in value terms. South Africa’s agricultural exports reached a new record of US$13.7 billion in 2024, up 3% from the previous year, according to data from Trade Map. South Africa also imports various agricultural products. In 2024, South Africa’s agricultural imports amounted to US$7.6 billion.

    The US accounts for 4% of South Africa’s agricultural exports. The biggest agricultural exports to the US are citrus, wine, grapes and nuts. These typically entered the US market duty free, and now fall under the tariff level of between 10% and 31% which Washington has levied on South Africa.

    The ministers of International Relations and Cooperation and of Trade, Industry and Competition said in a statement after Washington’s move:

    Efforts will intensify to diversify export destinations, targeting markets across Africa, as well as in Asia, Europe, the Middle East, and the Americas. Moreover, where deemed appropriate, such efforts will also involve bilateral arrangements that allow for the pursuance of our national interest.

    As a medium to longer term strategy this makes sense in the context of the trade friction with the US and the overall growth of South Africa’s agricultural sector. But export diversification will take time to achieve. New markets take time to open up because negotiations with countries, especially in agricultural products, are complex. For example, it took 16 years for South Africa to reopen Thailand for apple exports.

    Moreover, trade agreements typically take a minimum of five years to conclude.

    This means that, in the short term, the South African government will urgently be seeking to engage with Washington to maintain critical access to the US market. In their joint statement, the two departments managing the fallout said they would be seeking “additional exemptions and favourable quota agreements”.

    So what does the long-term strategy look like? And what are the building blocks that need to be put in place to secure diversified destinations for South Africa’s agricultural products in the future?

    As an agricultural economist who has looked at these issues for some time, I would recommend these three areas of focus.

    Firstly, South Africa trade authorities should put resources into understanding the opportunities in dynamic markets in the Gulf and Asia. Saudi Arabia, the United Arab Emirates and Qatar are some of the key markets in the Gulf. In Asia, China, India and Vietnam should remain priorities.

    Secondly, the agricultural sector and government need to develop better ways of working together. This will help ensure business relationships are cultivated in the countries that the government is engaging, and that there’s alignment between the commercial and political interests of the country.

    Thirdly, South Africa’s agricultural sector – government and organised agriculture – must get its house in order. For example, promoting livestock products won’t work unless the necessary disease controls are in place.

    Opportunities

    The African continent accounts for the biggest share of South African exports at 38%. The EU accounted for a 19% share in 2023. Asia and the Middle East accounted for a quarter of South Africa’s agricultural exports in the same year.

    Asia and the Far East, in particular China, have already been identified as key growth areas. Even though Asia and the Middle East are strong destination points, huge pockets of opportunity remain in terms of products and countries.

    The Brics grouping remains crucial in this endeavour. Here, the South African government must have a sharper focus on lowering import tariffs and phytosanitary barriers in countries such as China, India and Saudi Arabia.

    China is the biggest opportunity, largely because of its population and economic size. China, the world’s second largest economy after the US, must feed 1.4 billion people. To do this, China is a huge importer, resulting in an agricultural trade deficit with the rest of the world of about US$117 billion. This suggests there’s a gap for countries with good agricultural offerings.

    Vietnam and India also have sizeable populations. Importantly, South Africa remains a small participant in their agricultural markets.

    The sectors worth targeting include horticulture and wine producers. Expanding exports in these sectors has been a long-running talking point. Now there’s a need for renewed energy and urgency from the government officials’ side.

    The livestock industry is also geared to promote its exports.

    In the short term

    Agricultural stakeholders can play a constructive role in supporting the government’s efforts to engage the US. Stakeholders can assess the impact of the increased US tariff on their exports, mainly citrus, grapes, wine, and nuts, among other products, as well as the impact on jobs in their regions.

    There is also scope to provide more flexibility for American products in the South African market to ease current trade tensions. For example, South Africa currently allows US exporters to sell over 70,000 tonnes of poultry products into the country without any tariff. However, US poultry producers have only used less than 60% of this quota. One reason for this is the low-quality products that have not met the South African specifications. Hence the need to seek negotiating points.

    Next steps

    Trade is about trade-offs and backing the correct winners.

    Both organised agriculture – commodity associations – and business must work together to define new priorities for the country and how these can be pursued internationally.

    Negotiating free trade agreements should be the mainstay of trade policy. South Africa has excelled in opening up new markets in the past 20 years, by concluding several free trade agreements with critical regional and international markets. These include deals with the Southern African Development Community countries as well as the region’s agreement with the European Union and the African Continental Free Trade Area.

    It needs to expand this list.

    But free trade agreements require hard choices over which industries a country is prepared to place on the table for possible trade-offs while building long-term competitiveness in sectors that can be major drivers for growth.

    Government must engage the various agricultural sectors about their key priorities and what trade-offs they’re prepared to consider.

    – Trump’s tariff hikes and South Africa: hunt for new agricultural markets must begin now
    – https://theconversation.com/trumps-tariff-hikes-and-south-africa-hunt-for-new-agricultural-markets-must-begin-now-253984

    MIL OSI Africa –

  • MIL-OSI Africa: Rwanda’s image abroad: how western countries are beginning to turn their backs

    Source: The Conversation – Africa – By David E Kiwuwa, Associate Professor of International Studies, University of Nottingham

    Rwanda enjoyed good relations with the western world for many years. This was due to systematic and intentional efforts to build its profile as a constructive regional actor, especially through the UN peacekeeping framework.

    It also set out to improve its national brand through sports sponsorships of some of the biggest football clubs in the world. These include Arsenal (England), PSG (France) and Bayern Munich (Germany).

    Since the end of the 1994 genocide, countries such as the UK, the US and France were willing to give Rwanda a less than critical pass when it was accused of destabilising its bigger neighbour, the Democratic Republic of Congo (DRC). They averted their gaze from its domestic heavy handedness, particularly its constraining of democratic space and human rights.

    But there has been a sharp turn in sentiment. For the first time, the western powers, as well as China, have begun to call out Rwanda on its behaviour.

    Read more: Rwanda and Belgium are at odds over the DRC: what’s led to the latest low point

    Western actors have grown exasperated with Rwanda’s impunity and have been forced to change tack. Quiet shuttle diplomacy, notably by the Biden administration and the EU, has failed to achieve Rwandan restraint. And as a humanitarian crisis grew, they saw more forceful and overt actions as necessary.

    Concerned about the rising level of violence and humanitarian catastrophe in the DRC, western powers through the UN general assembly and security council called for restraint, dialogue and de-escalation. France, Belgium, Germany, the US, Canada and the EU also condemned the escalating violence and Rwanda’s role. The growing consensus culminated in firmer and direct sanctions against individual Rwandan actors and entities and suspension of economic and trade cooperation.

    I have been a long time scholar of and commentator on African regime types, political governance and conflict, with a focus on Rwanda. It’s my view that Rwanda’s escapades in eastern DRC have had a detrimental impact on the goodwill long extended to the Kigali regime. What happens next will depend on its response.

    Rwanda’s role in the DRC

    There is little doubt about Rwanda’s involvement in conflict and instability in the eastern DRC. The reports from the security council and UN bodies have provided sufficient evidence of this.

    Since 2012, Rwanda has been accused of being the patron behind the Movement of March 23 (M23) rebel group. The M23 and its associated alliances have been fighting the DRC government, purportedly to protect the rights of Congolese Tutsis.

    For its part, Rwanda has pointed to the danger posed by remnants of security forces involved in the 1994 genocide. The forces fled into the DRC and are still hell bent on causing instability in Rwanda, Kigali claims. The other grievance is that the forces are backed by the DRC regime and have been responsible for persecuting Congolese Tutsis.

    Between 2012 and 2018, the M23 group had a limited level of military success. In 2012 it captured the eastern DRC city of Goma but was forced to relinquish it after just 10 days.

    In the latest escalation of fighting the group has made significant gains, recapturing Goma and capturing the bigger Bukavu and other areas.

    M23’s success has been attributed to the sustained and systematic support Rwanda has given the group, according to the UN report and security council resolution 2773.

    Support has included sophisticated weaponry and boots on the ground, conservatively estimated at over 4,000 soldiers. Faced with demotivated, ill-trained and poorly coordinated DRC military capabilities, the M23 success was almost inevitable.

    Read more: DRC conflict: talks have failed to bring peace. Is it time to try sanctions?

    The turnaround

    In August 2023 and again on 20 February 2025, the US slapped sanctions on key players in Rwanda and the M23 Alliance. The EU and the UK then paused some economic support for Rwanda. This was a strategic signal from the big powers.

    Germany then froze aid, Belgium’s rebuked the country and the EU called for stronger penalties, among them a ban on Rwanda’s mineral industry. This was to force Rwanda to rein in or rethink its activities in the DRC and be a constructive rather than disruptive partner.

    Belgium has had historical relations with both Rwanda and the DRC, having been the last colonial authority. Rwanda took specific exception to Belgium’s action by cutting diplomatic relations. It also took a more belligerent posture in the UN security council.

    Read more: M23: Four things you should know about the rebel group’s campaign in Rwanda-DRC conflict

    While this is seen as a non-compromising stance, it is against a lesser western power than the US or the UK. This could be taken as Rwanda saving face while working out an exit strategy to avoid escalating tensions with western powers or provoking far reaching coordinated action.

    It is notable that Qatar (and not a western or African power) has taken a lead in chaperoning talks between the conflict parties. This couldn’t have been without the blessing of the US, given the close relationship Qatar enjoys with the US as conflict resolution partners. Qatar is also an investor in Rwanda. This allows Rwanda to avoid being dragged to the negotiating table by critical western powers.

    Next steps

    The intensity of the conflict has slowed down somewhat, with the M23 rebel alliance having announced a ceasefire and unilateral action to “withdraw” from some of the areas they have recently captured.

    Whether this is a strategic compromise in response to the now forceful demand for Rwanda to cease its active support and intervention is unclear. It is notable that Qatar has now directly invited the rebels to the table.

    Once known as the darling of the west, most notable for clean and efficient government, a good business environment and unquestioned security and stability, Rwanda may have reached an inflection point with its flagrant DRC intervention. The change in western attitude may mark a more critical epoch in relations.

    – Rwanda’s image abroad: how western countries are beginning to turn their backs
    – https://theconversation.com/rwandas-image-abroad-how-western-countries-are-beginning-to-turn-their-backs-253663

    MIL OSI Africa –

  • MIL-OSI Russia: Polytechnic University held an international conference on construction

    Translartion. Region: Russians Fedetion –

    Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

    The Civil Engineering Institute of Peter the Great St. Petersburg Polytechnic University held the II International Scientific Conference “Civil, Industrial and Urban Construction – 2025” as part of the All-Russian Scientific Conference “Science Week of the Civil Engineering Institute 2025”. The conference was held in person with the possibility of remote connection for foreign participants.

    The event was attended by the Director of the Civil Engineering Institute Marina Petrochenko, Acting Dean of the Faculty of Water Management and Engineering and Communication Systems of the Azerbaijan University of Architecture and Civil Engineering Elgiz Hasanov, Rector of Segu University Yizhai Dau, Rector of Tahri University Mohammed Bujema Bezzazi, Acting Dean of the Faculty of Urban Development and Modern Transport of Xi’an University of Architecture and Technology Li Xiaolong, Dean of the Faculty of Civil Engineering of the Belarusian-Russian University Olga Golushkova, heads and faculty of the ICI, as well as researchers, design engineers and representatives of design and construction organizations from Russia and foreign countries, including Belarus, Kyrgyzstan, Cuba, China, Mali, Guinea, Niger, Algeria, Côte d’Ivoire, Burkina Faso, Azerbaijan, Pakistan, Uzbekistan and other countries. The conference became a significant platform for exchanging experiences and discussing current issues in the development of modern construction, engineering technologies and sustainable development of the industry.

    The opening of the conference began with a welcoming speech by the Director of the Institute of Civil Engineering Marina Petrochenko, who emphasized the importance of organizing such events: The Institute of Civil Engineering has been organizing the international conference “Civil, Industrial and Urban Construction — 2025” for the second year in a row. We are very pleased that representatives from 12 countries are taking part in the conference today. I hope that this event will become a platform for exchanging professional and scientific results and, of course, a way to expand your professional contacts.

    The conference featured 27 reports on such topical issues as:

    digital transformation of the construction industry; innovative construction materials and technologies; problems of integrating natural elements into the urban environment in accordance with the principles of sustainable development; ways to improve the quality of construction documentation and the level of training of specialists.

    Participants also discussed such important issues as reservoir management and wastewater treatment, extreme precipitation modeling, development of new building materials and technologies, including concrete with modifier additives for 3D printing, and the use of secondary materials to improve the energy efficiency of buildings. Particular attention was paid to the safety of hydraulic structures, seismic resistance of bridges, autonomous life support systems and innovative waterproofing solutions. Participants presented research on the use of renewable energy sources, environmental modeling, bioclimatic analysis of premises and the implementation of modern irrigation systems.

    The conference became a unique international platform for the presentation of advanced research and technologies from around the world. Among the reports presented, research related to the use of modern materials and technologies attracted special attention. Elgiz Hasanov (Azerbaijan University of Architecture and Construction) presented a report on new materials for creating the stability and durability of reinforced concrete structures used in coastal marine defense structures. Scientists study the features of using these structures in difficult operating conditions, which is key to ensuring the safety and reliability of hydraulic structures. Also of considerable interest was the report by Nabil Bella (Tahri Mohamed University), dedicated to geotechnical and environmental modeling of the use of coal waste in road construction. The author explores the possibilities of using these materials to improve construction efficiency and reduce the negative impact on the environment. Luo Pingping (School of Water Resources and Environmental Management, Chang’an University) presented a paper on GPU-based urban 2D hydrodynamic modeling of extreme precipitation events. This approach can help to more accurately predict the impact of natural disasters and develop effective environmental protection measures.

    Conference participants noted that such events not only facilitate the exchange of experience, but also the development of new approaches to solving current problems in the construction industry.

    Today’s conference touches upon truly important and topical issues that will undoubtedly have a significant impact on the development of the construction industry and scientific research in general. Our cooperation with the Civil Engineering Institute is of particular joy. This partnership opens up new horizons and opportunities for all participants, Elgiz Gasanov emphasized.

    At the end of the conference, guests were given a tour of the campus of Peter the Great St. Petersburg Polytechnic University.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI Asia-Pac: President Lai receives credentials from new Tuvalu Ambassador Lily Tangisia Faavae  

    Source: Republic of China Taiwan

    Details
    2025-03-28
    President Lai meets British Office Taipei Representative Ruth Bradley-Jones
    On the afternoon of March 28, President Lai Ching-te met with British Office Taipei Representative Ruth Bradley-Jones. In remarks, President Lai welcomed Representative Bradley-Jones as she takes up her post in Taiwan, and thanked the United Kingdom government and parliament for demonstrating staunch support for Taiwan. The president indicated that Taiwan and the UK enjoy close economic and trade ties, and our industries complement each other well, with great potential for collaboration in such fields as semiconductors, AI, unmanned vehicles, and medium- and low-orbit satellites. He stated that he looks forward to expanding exchanges with the UK across all domains so as to enhance democratic and economic resilience, jointly advancing the prosperous development of the Indo-Pacific region and economic security around the world. A translation of President Lai’s remarks follows: It is a pleasure to meet Representative Bradley-Jones here at the Presidential Office for this exchange. I understand that she has proactively called at many government agencies since taking up her post last month. On behalf of the people of Taiwan, I extend a warm welcome. Taiwan and the UK are partners that share the values of freedom and democracy. In recent years, our bilateral relations have continued to deepen. With the efforts of Representative Bradley-Jones and our respective governments, I look forward to the expansion of dialogue and cooperation between Taiwan and the UK. This will further elevate our bilateral ties. Especially in the face of expanding authoritarianism, the UK is not only playing an important role in crafting a unified European response; it is also demonstrating staunch support for Taiwan through various channels. For example, joint statements released after the Australia-UK ministerial consultations, as well as the G7 foreign ministers’ meeting, underlined a high level of concern for peace and stability across the Taiwan Strait. The UK government has publicly expressed support for Taiwan’s international participation on multiple occasions. And last November, the UK House of Commons passed a motion clearly asserting that United Nations General Assembly Resolution 2758 does not mention Taiwan. These actions attest to the UK’s belief in supporting democracy and peace, and have further solidified our countries’ friendship. I would like to convey my deepest gratitude to the UK government and parliament.  Currently, the UK is Taiwan’s fourth largest trading partner in Europe and second largest source of investment from Europe. We enjoy close economic and trade ties, and our industries complement each other well. There is also great potential for collaboration in such fields as semiconductors, AI, unmanned vehicles, and medium- and low-orbit satellites. We look forward to expanding exchanges with the UK across all domains so as to enhance democratic and economic resilience. We also hope the UK will continue to support Taiwan’s bid to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership so that together, we can work with more like-minded partners, jointly advancing the prosperous development of the Indo-Pacific region and economic security around the world. Once again, I welcome Representative Bradley-Jones to Taiwan and wish her all the best with her work. I anticipate that Taiwan-UK relations will continue to steadily advance through our joint efforts. Representative Bradley-Jones then delivered remarks, first saying in Mandarin that she is honored to meet with President Lai to discuss topics of mutual concern and jointly deepen Taiwan-UK relations, promoting mutual understanding, respect, and cooperation. She went on to say that she came to Taiwan last August to study Mandarin, and began her post as British Office Taipei representative in February this year, noting that every day she learns more about and gains a deeper understanding of Taiwan. Last year, she said, she visited Tainan and Wanli, and found Tainan’s wetlands and the scenery in Wanli very impressive. She added that she has also tried many different Taiwanese foods, and is looking forward to experiencing even more of Taiwan’s local culture and customs over the next four years. Continuing her remarks in English, Representative Bradley-Jones stated that since taking up her post, she has borne witness to the strength of the relationship between Taiwan and the UK and the potential for it to continue to grow. She said that on trade and investment, there is significant complementarity between Taiwan’s Five Trusted Industry Sectors and the UK’s Industrial Strategy, particularly in areas such as digital technologies, advanced manufacturing, and clean energy. Both governments are also together supporting Taiwan and UK businesses through our Enhanced Trade Partnership and annual trade talks, she said. Representative Bradley-Jones went on to say that on science and technology, Taiwan and the UK can and should do more together. She noted that the UK has the third largest tech sector in the world and is valued at over US$1.1 trillion, while Taiwan is the center of the semiconductor and AI hardware world. Given our complementary strengths, especially in areas such as semiconductors, space, and communications technology, she said, the UK has stepped up its level of activity in Taiwan, including by regularly hosting a UK Pavilion at SEMICON and funding 18 joint R&D programs through our new collaborative R&D fund, and looks forward to doing more together in the future.  In support of Taiwan’s whole-of-society resilience, the representative said, the UK is supporting valuable exchanges, co-hosting GCTF (Global Cooperation and Training Framework) workshops, sharing lessons on financial sector resilience, and reaching out to mayors and community leaders across Taiwan. From financial resilience to cyber resilience, she said, the UK’s public sector and private industries have plenty to share and learn. Representative Bradley-Jones stated that on people-to-people links, parliamentarians, civil society, and academics are continuing to deepen contact, and that she is particularly excited by a new smart parliament partnership agreed upon by the Taiwan Foundation for Democracy and the UK’s Westminster Foundation for Democracy, which aims to facilitate cross-party, cross-society, and cross-border exchanges on issues such as democratic governance, AI, inclusive policy-making, and public safety. The representative indicated that the examples she mentioned just scratch the surface of the full potential of the Taiwan-UK relationship. She said that the UK’s longstanding policy remains unchanged, and fundamentally, that is because we share a common set of values and interests. We are together focused on how to make our societies safer and more prosperous tomorrow than they are today, she said, and as like-minded democracies, innovative economies, and practical partners, the sincere and pragmatic cooperation between Taiwan and the UK is bringing material benefits to the prosperity and well-being of our people every day. 

    Details
    2025-03-21
    President Lai meets Alaska Governor Mike Dunleavy
    On the morning of March 21, President Lai Ching-te met with a delegation led by Alaska Governor Mike Dunleavy. In remarks, President Lai said that Alaska has long been an important trading partner of Taiwan, and that we have built a solid foundation for cooperation in such fields as energy, fisheries, and tourism. The president expressed hope that Taiwan and Alaska will have more frequent engagement and exchanges so that our relations can continue to grow to create prosperous development for both sides. A translation of President Lai’s remarks follows: On behalf of the people of Taiwan, I extend my sincerest welcome to our guests. This is Governor Dunleavy’s first visit to Taiwan, and last night, we both attended the Hsieh Nien Fan (謝年飯) banquet hosted by the American Chamber of Commerce in Taiwan. I am delighted to have this opportunity to meet with Governor Dunleavy today at the Presidential Office for further dialogue. Alaska has long been an important trading partner of Taiwan. Our sister-state relationship was established in 1988, and we have built a solid foundation for cooperation in such fields as energy, fisheries, and tourism. Currently, Taiwan is Alaska’s eighth largest export market and ninth largest source of imports. This goes to show just how close our trade and economic ties are and how much potential there is for further growth. As I said in my remarks at last night’s Hsieh Nien Fan banquet, Taiwan is interested in buying Alaskan natural gas. I am sure that Governor Dunleavy’s visit will help us explore even more opportunities for cooperation and continue to deepen Taiwan-United States relations. In the face of such challenges as expanding authoritarianism, climate change, and pandemics, we look forward to strengthening collaboration between Taiwan and the US. By drawing on our strengths, we can jointly build non-red supply chains to bolster our economic resilience and drive the advancement of global technology. I want to thank the US government for reiterating the importance it attaches to peace and stability across the Taiwan Strait and its opposition to any attempt to change the status quo by force or coercion. These statements backing Taiwan help in maintaining stability across the Taiwan Strait and in the Indo-Pacific region. Once again, I thank Governor Dunleavy for traveling such a long way to Taiwan. We hope to see more frequent engagement and exchanges between Taiwan and Alaska so that our relations can continue to grow, and we can create prosperous development for both sides. Governor Dunleavy then delivered remarks, saying that their trip to visit friends in Taiwan has been fantastic, thanking President Lai for the invitation to meet, and thanking all the staff. Governor Dunleavy said that as the pandemic was raging, the world went from “before COVID” to “after COVID.” Before COVID, he said, the world relied on a number of systems that were in place for decades after World War II involving supply chains, alliances, sources of energy, trading partners, and friends. He went on to say that as we go beyond COVID, we are reestablishing and reevaluating who our friends are, where we are going to get our energy, and who our trading partners are going to be. The governor said that we are creating a new world for the next 50 years with the new administration in Washington, and this is an opportunity for us to reevaluate and reinvest with our friends for the next 50 years in each other, our futures, and our security. Governor Dunleavy stated that one thing is for certain: that Taiwan is a friend of the US and a friend of Alaska, and has been for many, many decades. He said that it is their hope in this trip and subsequent trips to establish an even tighter bond among their friends in Taiwan, the US, and Alaska. The governor also said that we have much in common in that we are members of the Pacific family, are democracies, and believe in freedom, free speech, and capitalism. He indicated that he has much optimism for the future, and that as we reestablish relationships throughout the world, energy is going to be the key and the basis for our economic development, our national security, and our friendship. Governor Dunleavy said that he believes this trip is going to lay the groundwork for a fantastic future between Taiwan, Alaska, and the US, and that with President Lai’s support as well as the support of the US administration, we can work together to build even better relationships.

    Details
    2025-03-20
    President Lai attends AmCham Taiwan 2025 Hsieh Nien Fan
    On the evening of March 20, President Lai Ching-te attended the annual Hsieh Nien Fan (謝年飯) banquet hosted by the American Chamber of Commerce in Taiwan (AmCham Taiwan). In remarks, President Lai pointed out that the United States is now a major source of investment in Taiwan, adding that last year US investment accounted for 11.5 percent of total foreign investment in Taiwan. The president also pointed out that the US has become Taiwan’s largest investment destination, as Taiwan’s direct and indirect investment in the US accounted for more than 40 percent of its total outbound investment last year. President Lai expressed hope that AmCham will continue to offer support in quickly resolving the issue of double taxation, further enhancing the mutually beneficial Taiwan-US economic and trade partnership. He also emphasized that one essential element for our economic prosperity is maintaining security and stability, both regionally and globally. The president expressed his belief that, so long as we coordinate our efforts, we can achieve more in our respective defense industries and build non-red supply chains, advancing peace, stability, and prosperity. A transcript of President Lai’s remarks follows: I’m delighted to be here tonight. I want to wish everyone and their families a happy, healthy, and prosperous year ahead. For many years now, AmCham has acted as a bridge between Taiwan and the US. It not only advocates for Taiwan to various sectors in the US, but also offers advice for the development of Taiwan’s industries. So tonight, I would like to express my deepest gratitude to all our friends from the American business community. The 2025 Business Climate Survey, published by AmCham this January, demonstrates the confidence foreign businesses have in the Taiwan market. We are happy to see that over 80 percent of survey respondents reported stable or increased revenue last year, and around 80 percent expressed confidence in Taiwan’s economic prospects for the coming year. Moreover, 90 percent of businesses surveyed are planning to maintain or expand their investments in Taiwan. The positive developments in Taiwan made by our American friends here tonight, their outlook for the future, and their confidence in Taiwan, are further proof of Taiwan’s ideal environment for investment. The US is now a major source of investment in Taiwan. Last year, US investment accounted for 11.5 percent of total foreign investment in Taiwan. In 2023, Entegris opened a new manufacturing facility in Kaohsiung and Micron launched a new facility in Taichung. Last year, Google further solidified Taiwan as its biggest R&D hub outside of the US by opening a new office here. AMD, Nvidia, and major cloud computing companies from the US have also been choosing Taiwan to expand their presence. Over the past several years, the US has also become Taiwan’s largest investment destination. Taiwan’s direct and indirect investment in the US accounted for more than 40 percent of our total outbound investment last year. Four years ago, TSMC’s [Taiwan Semiconductor Manufacturing Company] investment in facilities in Arizona became the biggest FDI [foreign direct investment] in a greenfield project in US history. And this month, TSMC announced it would expand that investment, breaking another record and highlighting the enduring prosperity shared by Taiwan and the US. In addition to TSMC, Taiwan’s GlobalWafers has built a 12-inch silicon wafer factory in Texas, the biggest in the US. This will be followed by many other industries. These companies are confidently expanding their global presence across the Pacific and eastward into the Americas. The US is moving to reindustrialize its manufacturing industry and consolidate high-tech leadership, as it moves to become a global AI hub. In these efforts, Taiwan is an indispensable partner for the US. While the US is a leader in chip design, Taiwan’s semiconductor manufacturing plays an irreplaceable part in the supply chain. Adapting to the changing geopolitical landscape and the coming era of smart technology, Taiwan will continue to promote its Five Trusted Industry Sectors of semiconductors, AI, military, next-gen communications, and security and surveillance. This will drive the next stage in our economic development. A great time to invest in Taiwan is now. We will continue to better connect relevant government agencies and align with international standards to foster a friendlier investment environment. And I am confident that Taiwanese and American companies can leverage their respective high-tech expertise and invest in each other, boosting growth in industrial innovation and development for both our economies. At the same time, we hope to continue deepening Taiwan-US trade relations. Last year, Taiwan was the seventh largest trading partner of the US, up one spot from the previous year, and bilateral trade grew by 24.2 percent. Taiwan is going to expand procurement from the US of industrial and agricultural products, as well as natural gas. I am very happy to welcome Governor [Mike] Dunleavy of Alaska, who has specially come all the way to Taiwan. Alaska is a source of high-quality natural gas, and its relatively short distance from Taiwan facilitates transportation. So we are very interested in buying Alaskan natural gas because it can meet our needs and ensure our energy security. We hope that AmCham will continue to offer support in quickly resolving the issue of double taxation and removing tax barriers to bilateral investment and trade, further enhancing the mutually beneficial Taiwan-US economic and trade partnership. One essential element for our economic prosperity is maintaining security and stability, both regionally and globally. So we are grateful for the joint leaders’ statement issued by [US] President [Donald] Trump and Japan’s Prime Minister Ishiba Shigeru, in which they expressed their solid support for maintaining peace and stability across the Taiwan Strait. As we face growing authoritarianism, Taiwan will continue to uphold our values of freedom and democracy and will be a responsible actor in regional and global security. Currently, Taiwan’s defense budget stands at about 2.5 percent of GDP. Going forward, the government will prioritize special budget allocations to ensure that our defense budget exceeds 3 percent of GDP. At the same time, we will continue to reform national defense, further enhancing Taiwan’s self-defense capabilities. And we will advance our cooperation with the US and other democracies in upholding regional stability and prosperity. We also welcome continued Taiwan-US cooperation in the defense sector. I believe that, so long as we coordinate our efforts, we can achieve more in our respective defense industries and build non-red supply chains, advancing peace, stability, and prosperity. In closing, I look forward to seeing even greater achievements from Taiwan-US economic and trade cooperation. Thank you. After remarks, President Lai, AmCham Chairperson Dan Silver, American Institute in Taiwan Taipei Office Director Raymond Greene, and Governor Dunleavy raised their glasses in recognition of the strong Taiwan-US friendship.  

    Details
    2025-03-18
    President Lai meets Arizona Governor Katie Hobbs  
    On the afternoon of March 18, President Lai Ching-te met with a delegation led by Arizona Governor Katie Hobbs. In remarks, President Lai said that Taiwan and Arizona enjoy close economic and trade relations, and expressed hope that through our joint efforts, Arizona will become a shining example for Taiwan-United States high-tech collaboration and the creation of non-red supply chains. The president indicated that the next goal for Taiwan and the US is the signing of an agreement for the avoidance of double taxation, which would provide greater incentives for Taiwanese businesses to invest in the US, facilitate the establishment of more comprehensive industry clusters, and generate more job opportunities, representing a win-win outcome for Taiwan-US relations. A translation of President Lai’s remarks follows: I warmly welcome you all to the Presidential Office. Governor Hobbs previously visited Taiwan after taking office in 2023. Her leading a delegation to Taiwan once again demonstrates Arizona’s continued friendship and the importance Arizona attaches to Taiwan. For this, I express my sincerest gratitude, and I welcome you again. In recent years, ties between Taiwan and Arizona have continued to expand and progress. For example, Taiwan Semiconductor Manufacturing Company (TSMC)’s investment in Arizona is the largest greenfield investment in US history. This month, TSMC announced that it would increase its investment in the US by US$100 billion. It plans to build more semiconductor fabrication and research and development facilities in greater Phoenix, transforming the area into a US semiconductor hub. Due to our close industrial engagement, we now have more than 30,000 Taiwanese living in Arizona. I would like to thank Governor Hobbs for taking care of Taiwanese businesses and people. I believe that through our joint efforts, Arizona will become a shining example for Taiwan-US high-tech collaboration and the creation of non-red supply chains. Taiwan and Arizona also enjoy close economic and trade relations. Taiwan is Arizona’s eighth largest export market and fifth largest source of imports. Last December, the first agreement under the Taiwan-US Initiative on 21st-Century Trade officially came into effect. I believe this will help further deepen our trade and economic ties. At present, the next goal for Taiwan and the US is the signing of an agreement for the avoidance of double taxation. I hope that we can work together to achieve this goal as soon as possible. This would provide greater incentives for Taiwanese businesses to invest in the US, facilitate the establishment of more comprehensive local industry clusters, and generate more job opportunities, representing a win-win outcome. With Governor Hobbs’s support, we look forward to continuing to advance Taiwan-US relations and promoting further cooperation and exchanges between Taiwan and Arizona across all domains. I understand that during this visit, you have visited many important companies and exchanged opinions with government agencies on how to strengthen bilateral relations. These efforts all go toward building an even more solid foundation for future Taiwan-US cooperation. Once again, I thank you all for supporting Taiwan and welcome you to visit us often in the future. Governor Hobbs then delivered remarks, stating that under President Lai’s leadership, Taiwan continues to thrive as a global hub for technology, innovation, and advanced manufacturing. She said that she is proud to be back in Taiwan alongside her secretary of commerce, Sandra Watson, as part of a diplomatic and economic delegation from Arizona. Since arriving, she said, they’ve hit the ground running, meeting with key partners, businesses, and leaders, noting that the takeaway from their meetings has been incredibly positive, and that they underscore the strong and enduring partnership between Arizona and Taiwan. Adding that our partnership that is built on shared values, mutual cultural appreciation, and commitment to innovation and economic growth, Governor Hobbs indicated that Arizona and Taiwan’s partnership extends back decades, as Taiwanese fighter pilots have been training at Luke Air Force Base in Phoenix since 1996. She said that we have built a strong base of collaboration across many areas, including technology, workforce, and cultural exchange, and that Arizona is even slated to get its own Din Tai Fung (鼎泰豐), which she expressed she is very thrilled about. Governor Hobbs went on to say that Arizona’s relationship with Taiwan is anchored by its ongoing partnership with TSMC and many Taiwan-based companies in semiconductor and other industries, and that TSMC’s US$165 billion investment in Arizona will help power development of the world’s most advanced technology, such as AI, and promises to cement an unbreakable bond between our two economies.  She stated that as governor, she can say with confidence that her administration is fully committed to strengthening this relationship in every way possible, because when Arizona and Taiwan succeed, we all succeed. Lastly, Governor Hobbs once again expressed gratitude to President Lai and the people of Taiwan for their warm hospitality. She then invited President Lai to Arizona to continue their productive conversations and further strengthen ties between our people and our economies, adding that she knows there is no limit to what we can achieve together, and that she is looking forward to what is to come. The delegation was accompanied to the Presidential Office by American Institute in Taiwan Taipei Office Director Raymond Greene.

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    2025-03-18
    President Lai meets 2025 Yushan Forum participants
    On the afternoon of March 18, President Lai Ching-te met with participants in the 2025 Yushan Forum. In remarks, President Lai thanked the guests for gathering here in Taiwan and discussing ways to enhance regional cooperation, demonstrating that our democratic allies and friends are standing together as we take on the challenges of a new world and a new era. The president reiterated that Taiwan will continue to engage with the world, and we welcome the world to come closer to Taiwan. He stated that Taiwan will continue to work with international partners to deepen cooperation, exchanges, and partnership in various domains and resist the expansion of authoritarianism. Together, the president emphasized, we can pursue regional peace and security and realize a new vision for a free and open, stable and prosperous Indo-Pacific. A translation of President Lai’s remarks follows: I would like to begin by thanking Anders Fogh Rasmussen, former prime minister of Denmark and chairman of the Alliance of Democracies Foundation, for inviting then-President Tsai Ing-wen to address the Copenhagen Democracy Summit via video over five consecutive years since 2020, and for inviting myself to give remarks via video last year. Those opportunities allowed Taiwan to share with the world our motivation for, and our work toward, safeguarding freedom and democracy. I would also like to thank Mr. Janez Janša, former prime minister of the Republic of Slovenia, who has visited Taiwan many times already, for actively elevating the cordial ties between Taiwan and Slovenia during his term as prime minister, helping expand friendship for Taiwan throughout Europe. Today’s guests have traveled a long way to show their strong backing for Taiwan. For this, I express my deepest gratitude. Yesterday was my first time attending the Yushan Forum as president. I saw political leaders and representatives gather here in Taiwan and discuss ways to enhance regional cooperation. The event demonstrated that our democratic allies and friends are standing together as we take on the challenges of a new world and a new era. It was truly moving. As I stated at the opening ceremony, Taiwan will continue to engage with the world, and we welcome the world to come closer to Taiwan. Our government will help guide Taiwanese small- and medium-sized enterprises as they expand into the international market and extend Taiwan’s economic power. I hope that during this visit, our guests will be able to explore more opportunities for cooperation in such fields as AI, smart healthcare, and advanced technologies, and join hands in contributing to the prosperity and development of our democratic allies and friends. Taiwan will continue to work with international partners, building upon the shared values of freedom and democracy, to deepen cooperation, exchanges, and partnership in various domains and resist the expansion of authoritarianism. Together, we can pursue regional peace and security and realize a new vision for a free and open, stable and prosperous Indo-Pacific. And I hope, with the assistance of our guests here today, that we can further strengthen the ties between Taiwan and Europe so that we can all take up the work of maintaining global peace and stability. Once again, I welcome our guests to Taiwan. I look forward to hearing your thoughts in a few moments. I also hope you will visit Taiwan often in the future and continue to experience our vibrant democratic society and culture. Chairman Rasmussen then delivered remarks, saying that it is a great pleasure to be back here in Taipei after meeting with President Lai in 2023. He then thanked President Lai for the Taiwanese hospitality on behalf of the Yushan Forum international visitors and participants, who represent four continents and very different political parties but who are united by one thing – the commitment to democracy. Chairman Rasmussen mentioned that over the past few days, they have met with members of the government, legislature, and civil society in Taiwan. He said that he is more convinced than ever that in a very uncertain world, Taiwan continues to stand as a beacon of democracy, from which people in Europe and in the rest of the world have a lot to learn. Over the past eight years, he has been proud to step up his engagement with Taiwan, he said, as he has always subscribed to the view that freedom must advance everywhere, or else it is in decline everywhere. Chairman Rasmussen noted that they have many interests in making sure Taiwan remains free and that we must always stand up for freedom when it is under assault by a dictator. This is why Ukraine’s fight is also everyone’s fight, he explained. He then praised Taiwan for all of the support it has given to Ukraine since Russia’s invasion and honored the two Taiwanese volunteer soldiers who gave their lives for freedom in Ukraine. Chairman Rasmussen remarked that Taiwan is a strong feature of the Copenhagen Democracy Summit that he convenes each year. His foundation, the Alliance of Democracies, has even been sanctioned by the Chinese government due to its support of Taiwan, he said, which is something he takes as a badge of honor. He added that this year’s Copenhagen Democracy Summit in May will be no different, as they plan to focus on the new world order, urgent measures to strengthen Europe’s military, and the situation in Ukraine. But as the United States pulls back from the transatlantic alliance and Europe focuses more on its own defense, he said, Europe should not retreat from the world. He added that to ensure European security, we need more Europe in the Indo-Pacific, and that is why he has been making the argument for more political and economic cooperation with Taiwan. Chairman Rasmussen praised President Lai’s recent decision to increase Taiwan’s national defense budget to more than 3 percent of GDP, adding that it is important that each nation does what it can for its own defense. The chairman once again thanked President Lai for meeting with them today and for the opportunity to visit Taiwan, a beacon of democracy and liberty in Asia. Also in attendance at the meeting were Chairman of the Czech Senate Committee on Foreign Affairs, Defence and Security Pavel Fischer; Member of the National Security Advisory Board to India’s National Security Council Anshuman Tripathi; former Minister of Foreign Affairs of Poland Anna Fotyga; former Minister of Health of Canada Tony Clement; and former Vice-Minister of Foreign Affairs of the Republic of Lithuania and current Secretary General of the Polish-based Community of Democracies Mantas Adomėnas.

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    2025-04-06
    President Lai delivers remarks on US tariff policy response
    On April 6, President Lai Ching-te delivered recorded remarks regarding the impact of the 32 percent tariff that the United States government recently imposed on imports from Taiwan in the name of reciprocity. In his remarks, President Lai explained that the government will adopt five response strategies, including making every effort to improve reciprocal tariff rates through negotiations, adopting a support plan for affected domestic industries, adopting medium- and long-term economic development plans, forming new “Taiwan plus the US” arrangements, and launching industry listening tours. The president emphasized that as we face this latest challenge, the government and civil society will work hand in hand, and expressed hope that all parties, both ruling and opposition, will support the measures that the Executive Yuan will take to open up a broader path for Taiwan’s economy. A translation of President Lai’s remarks follows: My fellow citizens, good evening. The US government recently announced higher tariffs on countries around the world in the name of reciprocity, including imposing a 32 percent tariff on imports from Taiwan. This is bound to have a major impact on our nation. Various countries have already responded, and some have even adopted retaliatory measures. Tremendous changes in the global economy are expected. Taiwan is an export-led economy, and in facing future challenges there will inevitably be difficulties, so we must proceed carefully to turn danger into safety. During this time, I want to express gratitude to all sectors of society for providing valuable opinions, which the government regards highly, and will use as a reference to make policy decisions.  However, if we calmly and carefully analyze Taiwan’s trade with the US, we find that last year Taiwan’s exports to the US were valued at US$111.4 billion, accounting for 23.4 percent of total export value, with the other 75-plus percent of products sold worldwide to countries other than the US. Of products sold to the US, competitive ICT products and electronic components accounted for 65.4 percent. This shows that Taiwan’s economy does still have considerable resilience. As long as our response strategies are appropriate, and the public and private sectors join forces, we can reduce impacts. Please do not panic. To address the reciprocal tariffs by the US, Taiwan has no plans to adopt retaliatory tariffs. There will be no change in corporate investment commitments to the US, as long as they are consistent with national interests. But we must ensure the US clearly understands Taiwan’s contributions to US economic development. More importantly, we must actively seek to understand changes in the global economic situation, strengthen Taiwan-US industry cooperation, elevate the status of Taiwan industries in global supply chains, and with safeguarding the continued development of Taiwan’s economy as our goal, adopt the following five strategies to respond. Strategy one: Make every effort to improve reciprocal tariff rates through negotiations using the following five methods:  1. Taiwan has already formed a negotiation team led by Vice Premier Cheng Li-chiun (鄭麗君). The team includes members from the National Security Council, the Office of Trade Negotiations, and relevant Executive Yuan ministries and agencies, as well as academia and industry. Like the US-Mexico-Canada free trade agreement, negotiations on tariffs can start from Taiwan-US bilateral zero-tariff treatment. 2. To expand purchases from the US and thereby reduce the trade deficit, the Executive Yuan has already completed an inventory regarding large-scale procurement plans for agricultural, industrial, petroleum, and natural gas products, and the Ministry of National Defense has also proposed a military procurement list. All procurement plans will be actively pursued. 3. Expand investments in the US. Taiwan’s cumulative investment in the US already exceeds US$100 billion, creating approximately 400,000 jobs. In the future, in addition to increased investment in the US by Taiwan Semiconductor Manufacturing Company, other industries such as electronics, ICT, petrochemicals, and natural gas can all increase their US investments, deepening Taiwan-US industry cooperation. Taiwan’s government has helped form a “Taiwan investment in the US” team, and hopes that the US will reciprocate by forming a “US investment in Taiwan” team to bring about closer Taiwan-US trade cooperation, jointly creating a future economic golden age.  4. We must eliminate non-tariff barriers to trade. Non-tariff barriers are an indicator by which the US assesses whether a trading partner is trading fairly with the US. Therefore, we will proactively resolve longstanding non-tariff barriers so that negotiations can proceed more smoothly. 5. We must resolve two issues that have been matters of longstanding concern to the US. One regards high-tech export controls, and the other regards illegal transshipment of dumped goods, otherwise referred to as “origin washing.” Strategy two: We must adopt a plan for supporting our industries. For industries that will be affected by the tariffs, and especially traditional industries as well as micro-, small-, and medium-sized enterprises, we will provide timely and needed support and assistance. Premier Cho Jung-tai (卓榮泰) and his administrative team recently announced a package of 20 specific measures designed to address nine areas. Moving forward, the support we provide to different industries will depend on how they are affected by the tariffs, will take into account the particular features of each industry, and will help each industry innovate, upgrade, and transform. Strategy three: We must adopt medium- and long-term economic development plans. At this point in time, our government must simultaneously adopt new strategies for economic and industrial development. This is also the fundamental path to solutions for future economic challenges. The government will proactively cooperate with friends and allies, develop a diverse range of markets, and achieve closer integration of entities in the upper, middle, and lower reaches of industrial supply chains. This course of action will make Taiwan’s industrial ecosystem more complete, and will help Taiwanese industries upgrade and transform. We must also make good use of the competitive advantages we possess in such areas as semiconductor manufacturing, integrated chip design, ICT, and smart manufacturing to build Taiwan into an AI island, and promote relevant applications for food, clothing, housing, and transportation, as well as military, security and surveillance, next-generation communications, and the medical and health and wellness industries as we advance toward a smarter, more sustainable, and more prosperous new Taiwan. Strategy four: “Taiwan plus one,” i.e., new “Taiwan plus the US” arrangements: While staying firmly rooted in Taiwan, our enterprises are expanding their global presence and marketing worldwide. This has been our national economic development strategy, and the most important aspect is maintaining a solid base here in Taiwan. We absolutely must maintain a solid footing, and cannot allow the present strife to cause us to waver. Therefore, our government will incentivize investments, carry out deregulation, and continue to improve Taiwan’s investment climate by actively resolving problems involving access to water, electricity, land, human resources, and professional talent. This will enable corporations to stay in Taiwan and continue investing here. In addition, we must also help the overseas manufacturing facilities of offshore Taiwanese businesses to make necessary adjustments to support our “Taiwan plus one” policy, in that our national economic development strategy will be adjusted as follows: to stay firmly rooted in Taiwan while expanding our global presence, strengthening US ties, and marketing worldwide. We intend to make use of the new state of supply chains to strengthen cooperation between Taiwanese and US industries, and gain further access to US markets. Strategy five: Launch industry listening tours: All industrial firms, regardless of sector or size, will be affected to some degree once the US reciprocal tariffs go into effect. The administrative teams led by myself and Premier Cho will hear out industry concerns so that we can quickly resolve problems and make sure policies meet actual needs. My fellow citizens, over the past half-century and more, Taiwan has been through two energy crises, the Asian financial crisis, the global financial crisis, and pandemics. We have been able to not only withstand one test after another, but even turn crises into opportunities. The Taiwanese economy has emerged from these crises stronger and more resilient than ever. As we face this latest challenge, the government and civil society will work hand in hand, and I hope that all parties in the legislature, both ruling and opposition, will support the measures that the Executive Yuan will take to open up a broader path for Taiwan’s economy. Let us join together and give it our all. Thank you.

    MIL OSI Asia Pacific News –

  • MIL-OSI China: China’s Zhuji promotes quality development of private sector

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

    China’s Zhuji promotes quality development of private sector

    Updated: April 8, 2025 08:55 Xinhua
    A worker is seen at a copper pipe workshop of Zhejiang Hailiang Limited in Diankou Town of Zhuji, east China’s Zhejiang Province, April 7, 2025. Zhuji has made continuous efforts in promoting the quality development of its private sector in recent years. Home to many state-level high-tech enterprises, the city’s value-added industrial output of enterprises above the designated size has maintained growth for 47 consecutive months. [Photo/Xinhua]
    A robot works at VIE Science and Technology Co., Ltd. in Diankou Town of Zhuji, east China’s Zhejiang Province, April 7, 2025. [Photo/Xinhua]
    A worker checks a roll of copper pipe at Zhejiang Hailiang Limited in Diankou Town of Zhuji, east China’s Zhejiang Province, April 7, 2025. [Photo/Xinhua]
    An automatic guided vehicle transports a roll of copper pipe at Zhejiang Hailiang Limited in Diankou Town of Zhuji, east China’s Zhejiang Province, April 7, 2025. [Photo/Xinhua]
    Workers are seen on the assembly and inspection line of automobile components at VIE Science and Technology Co., Ltd. in Diankou Town of Zhuji, east China’s Zhejiang Province, April 7, 2025. [Photo/Xinhua]
    Workers are seen on the ABS integrated relay value assembly and inspection line at VIE Science and Technology Co., Ltd. in Diankou Town of Zhuji, east China’s Zhejiang Province, April 7, 2025. [Photo/Xinhua]
    An automatic guided vehicle transports products at VIE Science and Technology Co., Ltd. in Diankou Town of Zhuji, east China’s Zhejiang Province, April 7, 2025. [Photo/Xinhua]

    MIL OSI China News –

  • MIL-OSI China: N China’s Hukou Waterfall sees tourist surge during Qingming Festival

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

    During the Qingming Festival holiday, the Hukou Waterfall scenic spot in Jixian County, Shanxi Province, saw a peak in visitors. Torrents of the Yellow River plunged over the cliff edge, sending out thunderous roars that echoed through the canyon. Viewing platforms on both sides of the river were packed with visitors from across the country.

    MIL OSI China News –

  • MIL-OSI China: Spanish PM to visit China

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

    BEIJING, April 8 — At the invitation of Chinese Premier Li Qiang, Spanish Prime Minister Pedro Sanchez will visit China from April 10 to 11, a Chinese foreign ministry spokesperson announced here Tuesday.

    Noting this is Sanchez’s third visit to China in three years, spokesperson Lin Jian told a daily press briefing that during his visit, Chinese President Xi Jinping will meet with Sanchez, and Chinese Premier Li Qiang will hold talks with Sanchez.

    Spain is an important partner of China in the European Union (EU), Lin said, adding that the two countries uphold the spirit of mutual respect, mutual trust, and mutual benefit when developing bilateral relations, and that China-Spain relations are at the forefront of China’s relations with European countries.

    This year marks the 20th anniversary of the China-Spain comprehensive strategic partnership. Lin said that it is hoped that the two sides, taking this visit as an opportunity, will deepen strategic mutual trust, expand opening-up and cooperation, join hands to meet global challenges and push for greater development of bilateral relations.

    MIL OSI China News –

  • MIL-OSI China: China achieves breakthrough in solar-powered water splitting for hydrogen production

    Source: China State Council Information Office 2

    French sci-fi author Jules Verne predicted about 150 years ago that water would become the fuel of the future. Today, scientists are striving to turn this fantasy into reality.
    Chinese researchers recently achieved a breakthrough in “photocatalytic water splitting for hydrogen production.” By performing “structural reshaping” and “element substitution” on a semiconductor material, they significantly enhanced the efficiency of converting water into clean hydrogen energy by using sunlight.
    Current solar-driven hydrogen production primarily relies on two methods — one uses solar panels to generate electricity for water electrolysis, which requires complex and costly equipment, while the other employs semiconductor materials as catalysts to directly split water molecules under sunlight, according to Liu Gang, director of the Institute of Metal Research of the Chinese Academy of Sciences and leader of the research team.
    The key to directly splitting water with sunlight lies in a material called titanium dioxide. When exposed to sunlight, it functions like a microscopic power plant, generating energized electron-hole pairs that break down water molecules into hydrogen and oxygen, Liu explained.
    However, traditional titanium dioxide has a critical flaw — its internal structure resembles a maze, causing the activated electrons and holes to collide randomly and recombine and annihilate within a millionth of a second. Additionally, the high-temperature fabrication process of the material often leads to oxygen atom loss, creating positively charged “trap zones” that capture electrons.
    Liu’s team addressed these issues by introducing scandium, a rare-earth element neighboring titanium on the periodic table, to restructure the material.
    Scandium ions, similar in size to titanium ions, fit perfectly into the titanium dioxide lattice without causing structural distortion. Their stable valence neutralizes the charge imbalance caused by oxygen vacancies, eliminating “trap zones.” Moreover, scandium atoms reconstruct the crystal surface, creating specific facets that act like “electronic highways and overpasses,” allowing electrons and holes to escape the maze efficiently.
    Through precise control, the research team successfully developed a specialized titanium dioxide material with significantly enhanced performance — its utilization of ultraviolet light exceeded 30 percent, and its hydrogen production efficiency under simulated sunlight was 15 times higher than previously reported titanium dioxide materials, setting a new record, Liu stated.
    “If used to create a one-square-meter photocatalytic material panel, around 10 liters of hydrogen can be produced in one day of sunlight,” Liu said.
    The achievement was published in the latest issue of the Journal of the American Chemical Society.
    “We aim to further improve the technology to enable efficient utilization of visible light in sunlight,” Liu revealed.
    He also noted that China currently accounts for over 50 percent of global titanium dioxide production, supported by a robust industrial chain. Additionally, China ranks among the world’s leaders in terms of scandium reserves.
    “With continued advancements in photocatalytic water-splitting efficiency, this technology holds promise for industrial application, and could drive the transformation of energy systems,” Liu added.

    MIL OSI China News –