Category: China

  • MIL-OSI USA: Lankford Introduces Bill to Reduce US Dependence on China and Other Adversaries for Critical Minerals

    US Senate News:

    Source: United States Senator for Oklahoma James Lankford
    OKLAHOMA CITY, OK – Senator James Lankford (R-OK) reintroduced the Intergovernmental Critical Minerals Taskforce Act to decrease the United States’ reliance on adversarial nations like China for critical minerals.
    “The United States should not depend on communist China to keep our critical mineral supply chain running. Relying on China for critical minerals means relying on our adversary for batteries, medical supplies, and military equipment,” said Lankford. “We need to prioritize American-produced energy solutions and give US suppliers a seat at the table.”   
    China is currently the dominant supplier for more than half of America’s critical mineral imports. These minerals are essential for the manufacturing of electric vehicle batteries, military equipment, and other technology crucial to American economic competitiveness and homeland security. The bill would address this threat to our manufacturing supply chains by creating an intergovernmental task force to find opportunities for increased domestic production and recycling of critical minerals. Lankford was joined on the bill by Senator Gary Peters (D-MI).
    The Intergovernmental Critical Minerals Taskforce Act requires the President to create a task force and appoint representatives from federal agencies who must consult with state, local, and Tribal governments. The task force will work to determine how to address national security risks associated with America’s critical mineral supply chains and identify new domestic opportunities for mining, processing, refinement, reuse, and recycling of critical minerals. The legislation would also require the task force to publish a report to Congress and publish findings, guidelines, and recommendations to combat the United States’ reliance on China and other foreign nations for critical minerals. 

    MIL OSI USA News

  • MIL-OSI USA: Duckworth, Durbin Urge President Trump to Reverse Tariffs That Could Devastate Farmers and Raise Food Prices

    US Senate News:

    Source: United States Senator for Illinois Tammy Duckworth

    March 06, 2025

    [WASHINGTON, D.C.] – U.S. Senator Tammy Duckworth (D-IL) and U.S. Senate Democratic Whip Dick Durbin (D-IL), a member of the Senate Committee on Agriculture, Nutrition and Forestry, along with U.S. Senator Amy Klobuchar (D-MN), today joined 12 other Senators in urging President Trump to reconsider recently imposed tariffs that threaten American farmers, ranchers, businesses and consumers.  The tariffs on Canada, Mexico and China will make it harder for farmers to sell their products, increase input costs, and make it harder for Americans to put food on the table. President Trump has since announced that most goods from Mexico will be exempt from the recent tariffs for one month.

    In a letter to President Trump, the Senators wrote: “At a time when farmers operate on razor-thin margins due to low commodity prices and increased input costs, the chaos and uncertainty of these tariffs threatens their livelihoods. In addition to making it harder for farmers to sell their products, these tariffs will make it harder for Americans to put food on the table.”

    The Senators continued, “Farm families should not be left as collateral damage in an unnecessary trade war. We strongly encourage you to reconsider the current tariffs plan and instead consider a more targeted approach that supports American farmers, ranchers, and businesses.

    Joining Duckworth, Durbin and Klobuchar in sending the letter were U.S. Senators Patty Murray (D-WA), Mark Warner (D-VA), Michael Bennet (D-CO), Kirsten Gillibrand (D-NY), Brian Schatz (D-HI), Mazie Hirono (D-HI), Tina Smith (D-MN), Ben Ray Luján (D-NM), Raphael Warnock (D-GA), Peter Welch (D-VT), Adam Schiff (D-CA) and Elissa Slotkin (D-MI).

    The full letter is available here and below:

    March 6, 2025

    Dear President Trump, 

    We write to express our deep concern about the impacts of your recent trade announcements on farmers, ranchers, and businesses across the country. 

    At a time when farmers operate on razor-thin margins due to low commodity prices and increased input costs, the chaos and uncertainty of these tariffs threatens their livelihoods. In addition to making it harder for farmers to sell their products, these tariffs will make it harder for Americans to put food on the table.

    Half of all U.S. agricultural exports go to Canada, Mexico, and China. As tariffs on these countries take effect, we know that their impacts are not temporary–tariffs can permanently shift market share to other countries, costing our farmers, ranchers, and other exporters for generations. 

    Damage to our trade relationships with Mexico and Canada has drastic consequences for American agriculture. With more than 40 percent of U.S. corn exports going to Mexico and more than 40 percent of U.S. ethanol exports going to Canada, corn growers in particular will experience significant market disruption with some of our nation’s most critical allies. 

    On top of shutting farmers out of critical export markets, these tariffs will drive up input costs. Tariffs on imports like potash will continue to increase fertilizer costs for farmers by as much as $1.70 an acre for corn and $1.42 an acre for soybeans.

    Our nation’s farmers and ranchers feed America and the world. In recent years, agricultural exports have been a bright spot in our economy, growing over 150 percent in the last twenty-eight years.  Nearly 20 percent of all U.S. agricultural production is exported to customers around the world, supporting more than one million jobs across the country. For America’s pork producers, exports create more than $66 in value for each hog marketed. And soybeans, which are the top export crop in the U.S., could face significant losses in sales and market share.

    American farmers have spent decades building these export markets – and they have made clear that they need trade, not aid. Paying off farmers for the damage caused by this impending trade war cannot and should not be a replacement for meaningful and steady trade policy.

    Farm families should not be left as collateral damage in an unnecessary trade war. We strongly encourage you to reconsider the current tariffs plan and instead consider a more targeted approach that supports American farmers, ranchers, and businesses.

    Sincerely,

    -30-

    MIL OSI USA News

  • MIL-OSI New Zealand: Investment Summit to grow New Zealand’s future

    Source: New Zealand Government

    New Zealand will showcase its infrastructure pipeline and exciting growth sectors to companies managing about $6 trillion in capital at next week’s Infrastructure Investment Summit, Infrastructure Minister Chris Bishop says.

    “The upcoming Summit is all about attracting investment into the infrastructure projects New Zealanders need to get ahead, so that we can grow our economy, create opportunities for New Zealanders, and raise the standard of living for Kiwi families,” Mr Bishop says.

    “We’re going to show our international visitors in no uncertain terms that New Zealand is open for business, and we are a country worth investing in.

    “New Zealanders can be proud that some of the world’s biggest investment and infrastructure entities are keen to learn about the opportunities New Zealand has to offer. 

    “The financial companies and institutions attending the summit manage assets and funds worth around $6 trillion of capital and they are headquartered across the world. They include pension funds, sovereign wealth funds and major banks. We also have delegates from the construction and engineering sectors.

    “Their decision to come here demonstrates that New Zealand is held in high regard internationally as an economy that is worth investing in.

    “We’ll also have representatives from our own investment and construction community, including a number of iwi investment entities, ACC and the New Zealand Super Fund.

    “Across the two-day summit, Ministers will showcase our ambitious pipeline of projects in transport, health, education, courts and corrections, and the resources sector. Iwi representatives will highlight the strength of the Māori economy and their own upcoming opportunities for these investors.

    “We’ll also highlight four growth sectors – aquaculture, renewable energy, clean technology and advanced transportation which includes some exciting opportunities in space.

    “The Government is moving quickly to create a regulatory environment that welcomes international capital and makes it easier to get projects off the ground. We’re reforming foreign investment laws and immigration settings, and our Fast Track Approvals regime is up and running.

    “This Government is serious about growing New Zealand’s economy and creating more opportunities for Kiwis to get ahead. The summit is just one part of our ambitious agenda to grow New Zealand’s economy and make life better for Kiwis.” 

    Attached:

    • The Infrastructure Investment Summit programme.

    Note to Editors:

    • All companies are attending the summit at their own cost, including travel and accommodation.
    • International attendees come from 14 countries: Australia, Canada, China, Denmark, France, Italy, Japan, South Korea, Malaysia, the Netherlands, Singapore, Spain, the United Kingdom, the United States of America.

    MIL OSI New Zealand News

  • MIL-OSI Asia-Pac: S for S talks about co-ordinating rescue of six Hong Kong residents detained in Southeast Asia

    Source: Hong Kong Government special administrative region

    S for S talks about co-ordinating rescue of six Hong Kong residents detained in Southeast Asia
    ******************************************************************************************

    ​Following are the remarks by the Secretary for Security, Mr Tang Ping-keung, at a media session after returning from Thailand at Hong Kong International Airport this afternoon (March 7): Reporter: Aside from the Hong Kong Alliance, how many times has the Government used NSL powers to demand information from foreign agents? Are you worried about those other NSL Notices being unlawful and also being challenged in court? My second question is a Hong Kong student died last week during a school trip to China, does the case involve a criminal element? Is Hong Kong law enforcement involved in the investigation? Secretary for Security: First of all, regarding the figures that you would like to know, I think my Press Secretary would provide you with the figures a bit later. For the issuance of (notices with) any of those powers under NSL (National Security Law), we are based on evidence and facts.     Regarding the case you mentioned in the Mainland China, because it happened in the Mainland China, and the authority rests with the Mainland authority. (Please also refer to the Chinese portion of the remarks)

    Ends/Friday, March 7, 2025Issued at HKT 21:50

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI USA: Equity Now Lecture Series Asks: ‘Is Sustainability Dead?’

    Source: US State of Connecticut

    Professor John Mandyck, the CEO of the Urban Green Council and the former Chief Sustainability Officer at United Technologies, will speak on the topic, “Is Sustainability Dead?’’ next month.

    The presentation is part of the Equity Now speaker series and it will be livestreamed at 6 p.m. March 27. Students, faculty, staff, alumni and friends of the university are welcome to participate. Pre-registration is required.

    With the United States again out of the Paris Climate Treaty and the Trump administration favoring fossil fuels, it’s easy to wonder if the sustainability movement is over. It’s definitely not, according to Mandyck.

    “Climate disruption now impacts everyone, everywhere,’’ Mandyck said. “There’s no escaping it and the trillions of dollars of damage from fires, floods, and extreme weather. Climate denialism and political short-termism cannot wish away these impacts that are shifting markets and investments as they scramble to manage growing risk.’’

    Mandyck Highlights Three Reasons for Optimism

    John Mandyck (contributed photo)

    Mandyck will discuss his recent article, published in The Harvard Business Review, that predicts that despite strong headwinds, sustainability efforts will grow, for three key reasons.

    States and cities will lead the way. Mandyck argues that history has shown that U.S. cities and states step up to fill sustainability voids. In 2019, for example, New Yor City passed a law that places carbon caps on large buildings, as a counter-response to Trump’s first-term environmental policies. More recently, 350 U.S. mayors recommitted to climate action in anticipation of changing national policy.

    China will drive sustainability demand. Although it is the world’s largest carbon polluter, China’s growth in the sustainability arena continues to lead the world, Mandyck said. Almost half of the world’s solar and wind capacity already resides in China, with more renewable energy technology under development. China’s leadership will yield more affordable clean-energy technology for the world and China may possibly emerge as a stronger diplomatic force for climate negotiations as the U.S. turns its attention elsewhere.

    Climate risk, extreme weather, will move markets. Climate denialism will not slow the growing disruption of extreme weather, Mandyck said. The news has been filled with articles about floods, fires, and other weather-created disasters, which are causing economic hardship and human disruption at a rapid pace. In Florida alone, the average homeowner’s insurance costs rose close to 60 percent from 2019 to 2023. This has further focused the business community in favor of addressing climate change, and lenders are looking closely at the sustainability risks associated with each big investment.

    Students Still Face A Bright Future in Sustainability Careers

    Mandyck’s advice to students interested in pursuing careers in sustainability is to stay-the-course.

    “The global need for sustainability grows every day, and so will careers,’’ he said. “Terminology and semantics may change in the short-term, but the long-term direction is clear. Even the federal government cannot pull the full nation in retreat, with the state and local governments pressing forward and filling voids.’’

    Mandyck leads the Urban Green Council, a nonprofit organization based in New York City, dedicated to decarbonizing buildings for healthy and resilient communities. Since 2018, he has helped triple the organization’s reach with research, public policy development and education, shaping some of the world’s foremost climate laws for real estate and buildings.

    He retired as the global Chief Sustainability Officer for United Technologies after a 25-year career there. He’s an adjunct professor for sustainability at the School of Business and served as a visiting scientist at Harvard University. He’s the co-author of the book Food Foolish, which explores the hidden connection between food waste, hunger, and climate change.

    The Equity Now speaker series is produced by the UConn School of Business in coordination with the Academy of Legal Studies in Business, Virginia Tech, Indiana and Temple universities. This is the fourth of five programs offered during the 2024-25 academic year. To register for the program, please visit: the registration page

    MIL OSI USA News

  • MIL-OSI Europe: Briefing – Greenland: Caught in the Arctic geopolitical contest – 07-03-2025

    Source: European Parliament

    Greenland is a self-governing Arctic island within the Kingdom of Denmark, which strives for economic self-sufficiency and future independence. This representative democracy of 56 542 inhabitants will elect 31 members to Greenland’s Parliament on 11 March 2025. These parliamentary elections are taking place against the fraught background of rising geopolitical tensions. In the context of a heating – literally and figuratively – Arctic, Greenland is a focus of geopolitical competition and growing confrontation between major powers – the United States (US), Russia and China. The island has high strategic importance, due to its proximity to the emerging Arctic shipping routes, its strategic location in relation to security and defence activities, and its vast untapped natural resources, including mineral reserves. According to its foreign policy strategy, Greenland is open to enhanced cooperation and dialogue with partners, including the US. Indeed, the US has been an important ally of Greenland and security guarantor since 1951. Relations have strengthened and widened during the last two decades, with cooperation now encompassing not only security, but also environment, science, health, technology, trade, tourism, education, and culture. However, US President Donald Trump’s rhetoric on acquiring Greenland has shocked Greenlanders, Danes and Europeans alike. Upon the island’s withdrawal from the European Economic Community (EEC, now European Union) in 1985, Greenland became an Overseas Country and Territory, associated through Denmark. The main areas of cooperation between the European Union (EU) and Greenland are fisheries, education, and, lately, green growth. The EU has recently stepped up its engagement with Greenland by opening an office in Nuuk in March 2024 and signing a Memorandum of Understanding for a strategic partnership to develop sustainable raw materials value chains in November 2023. The European Parliament engages with its counterparts from Greenland through meetings with the Nordic Council and West Nordic Council. In October 2021, the European Parliament called for the EU to establish an enhanced political dialogue on bilateral cooperation with Greenland.

    MIL OSI Europe News

  • MIL-OSI USA: Cantwell Challenges Deputy Treasury Nom on Trump’s Tariff Chaos: “People Can’t Even Follow What His Game Plan Is.”

    US Senate News:

    Source: United States Senator for Washington Maria Cantwell
    03.06.25
    Cantwell Challenges Deputy Treasury Nom on Trump’s Tariff Chaos: “People Can’t Even Follow What His Game Plan Is.”
    In Senate Finance Committee, Cantwell highlights whiplash for manufacturers, growers, & consumers due to an administration that changes its tariff policies on a near-daily basis; In WA state, 2 out of every 5 jobs are tied to trade-related industries
    WASHINGTON, D.C. – Today, U.S. Senator Maria Cantwell (D-WA), senior member of the Senate Finance Committee and ranking member of the Senate Committee on Commerce, Science, and Transportation, pressed Michael Faulkender – President Donald Trump’s pick to serve as Deputy Treasury Secretary – on the whiplash caused by the administration’s ever-changing tariff policies.
    On Jan. 31 — citing punishment for failing to crack down on fentanyl trafficking — the Trump administration announced plans to impose a 25% tax on many goods imported into the U.S. from Canada and Mexico and a 10% tax on goods imported from China, then abruptly postponed those tariffs. Last month, he doubled down, announcing an additional 25% tax on all steel and aluminum imports.
    At 12:01 a.m. ET Tuesday, President Trump’s long-promised 25% tariffs on goods from Mexico and Canada and 10% tariff increase on goods from China took effect, causing stock prices in the United States to plummet. Then, yesterday, he announced that automobiles from Canada and Mexico would be exempt from his tariffs for one month. Just this morning, he announced that he would suspend the tariffs for some products from Mexico. Then, this afternoon, he announced he was suspending most new tariffs on products from both Mexico and Canada until April 2.
    “I feel like we’re almost just having chaos about what are we doing. One day it’s about fentanyl, one day it’s about emergency services, one day we’ll give these exemptions, one day we’ll go back to this — and so I’m trying to get your views,” Sen. Cantwell said. “Apples, potatoes, and wheat are the largest agriculture exports in our state. They represent over $3 billion worth of agriculture products around the world. And so I’m trying to understand if you understand the uncertainty that’s being created right now with these tariffs. If you get that it’s hard for businesses to even follow what is the predictability and certainty about what the President is even doing or proposing, because it’s changing every day.”
    Faulkender responded: “I think when you look at the President’s approach on Canada and Mexico, it was very much to get them to focus on the fentanyl crisis, on the fact that 100,000 Americans are dying of fentanyl.”
    Sen. Cantwell: “Do you really think that Canada was our fentanyl problem?”
    Faulkender: “I have not had access to the data on that. My understanding is that some of it does come in from Canada. I grant you that more of it comes from Mexico than Canada.”
    Sen. Cantwell: “A lot more.”
    She continued: “Does [Trump] understand the level of chaos that is happening now? Because people can’t even follow what his game plan is […] But I really, really hope that he understands how much damage is being done every day to the agricultural sector. And it’s not that people, rich people, won’t buy farmland — they will buy farmland. It’s just that we’ll have a lot less farmers.”
    In Washington state, two out of every five jobs are tied to trade and trade-related industries. More information on how President Trump’s tariffs on goods from Mexico, Canada, and China will affect consumers and businesses in the State of Washington can be found HERE. Nationwide:
    A 25% tariff on Canada and Mexico would add an estimated $144 billion a year to the cost of manufacturing in the United States.
    Tariffs on Canada and Mexico could increase U.S. car prices by as much as $12,000.
    According to the Yale Budget Lab, Trump’s proposed tariffs would result in the highest U.S. effective tariff rate in more than 80 years, and depending on the level of retaliation by other trading partners, will result in increased costs of between $1,600 and $2,000 per household. According to their analysis, food, clothing, cars, and electronics will all see above-average price increases.
    Sen. Cantwell has remained a steadfast supporter of increased trade to grow the economy and keep prices in check in the State of Washington and nationwide.
    Sen. Cantwell was the leading voice in negotiations to end India’s 20% retaliatory tariff on American apples, which was imposed in response to tariffs on steel and aluminum and devastated Washington state’s apple exports. India had once been the second-largest export market for American apples, but after President Trump imposed tariffs on steel and aluminum in his first term, India imposed retaliatory tariffs in response and U.S. apple exports plummeted. 
    The impact on Washington apple growers was severe: Apple exports from the state dropped from $120 million in 2017 to less than $1 million by 2023.  In September 2023, following several years of Sen. Cantwell’s advocacy, India ended its retaliatory tariffs on apples and pulse crops which was welcome news to the state’s more than 1,400 apple growers and the 68,000-plus workers they support.
    Video of Sen. Cantwell’s Q&A in the Senate Finance Committee today is HERE; audio is HERE; and a transcript is HERE.

    MIL OSI USA News

  • MIL-OSI United Nations: Amid Evolving Political Reality, Security Council Speakers Urge Breakthrough on Syria’s Chemical Weapons Compliance

    Source: United Nations MIL OSI b

    The new political reality in Syria presents an opportunity to obtain long-overdue clarifications on the Syrian chemical weapons programme, rid the country of all such weapons and ensure long-term compliance with the Chemical Weapons Convention, a senior United Nations official told the Security Council today.

    “The importance of closing all outstanding issues related to Syria’s chemical weapons dossier cannot be overstated,” said Izumi Nakamitsu, High Representative for Disarmament Affairs, during her briefing to the 15-member Council.

    Although the previous Syrian authorities submitted 20 amendments to Syria’s initial declaration, the Organisation for the Prohibition of Chemical Weapons (OPCW) Declaration Assessment Team was never able to confirm that the information was accurate.  Over the last 11 years, the Team has raised and reported a total of 26 outstanding issues with Syria’s declaration.

    “The OPCW Technical Secretariat has reported that the substance of the 19 outstanding issues remains a ‘serious concern’ as it involves large quantities of potentially undeclared or unverified chemical warfare agents and chemical munitions,” she added.

    The OPCW Fact-Finding Mission and the OPCW Investigation and Identification Team have documented the use of chemical weapons in Syria, and in several incidents, identified the Syrian Arab Armed Forces as the perpetrators.  The OPCW Technical Secretariat has reported that Syria continued to use, and possibly produce, chemical weapons after joining the Chemical Weapons Convention in 2013.  “The situation left by the previous Syrian authorities is extremely worrying,” she went on to stress.

    But, there are some encouraging signs.  The OPCW Director-General recently received assurances that the new authorities are committed to destroying any remains of the chemical weapons programme, bringing justice to the victims and ensuring Syria’s compliance with international law.  A new focal point for chemical weapons matters within the Syria’s Foreign Ministry travelled to The Hague for in-person meetings with the OPCW Technical Secretariat on how to advance the OPCW’s “Nine-Point Action Plan for Syria”.

    In the coming days, a team of experts from the OPCW Technical Secretariat will be deployed to Damascus to establish OPCW’s permanent presence in Syria and start jointly planning deployments to chemical weapons sites.  While the commitment of the caretaker authorities in Syria to fully cooperate with the OPCW Technical Secretariat is commendable, the work ahead will not be easy and will require additional resources from the international community. “I urge the members of this Council to unite and show leadership in providing the support that this unprecedented effort will require,” she said.

    In the ensuing discussion among Council members, many speakers took note of the developments reported to date, underscoring them as important steps towards implementing relevant Council resolutions and securing Syria’s fulfilment of its international commitments.  Several speakers also stressed the importance of ensuring that chemical weapons do not fall into the hands of non-State actors.

    Need to Prevent Transfer of Mass Destruction Weapons to Terrorists

    “Terrorists cannot be allowed to have access to weapons of mass destruction, including chemical weapons,” Pakistan’s delegate said.  The new Syrian authorities must address long-standing questions and ensure unimpeded access to enable the OPCW to independently and fully verify the elimination of chemical weapons in Syria, he emphasised.  China’s delegate also said that effectively resolving the Syrian chemical issue will help prevent chemical weapons from falling into the hands of terrorists.  Resolving the issue of Syrian chemical weapons should be a top priority for the international community, he added, warning that the risk of terrorist organizations within Syria expanding their position in the country “remains high”.

    Greece’s delegate stressed the importance of “securing chemical weapons-related locations and materials therein, during the [political] transition” in Syria.  According to the latest OPCW monthly reports, he noted, no monthly report was received recently from Syria and its authorities have not completed declaring all the chemical weapons it currently possesses, including sarin, sarin precursors and chlorine.  The interim Government must work constructively with OPCW to close the 19 outstanding issues, and thus to confirm that it has abandoned the use of chemical weapons and concluded the total destruction of stockpiles.

    Several speakers highlighted the plight of the Syrian people, with Slovenia’s delegate emphasizing that Syrian civilians still await justice after 14 years of bloody conflict.  “The use of chemical weapons has always resulted in a human tragedy,” she recalled.  The representative of Denmark, Council President for March, speaking in her national capacity, stressed the importance of justice for Syrians who were victim to the Assad regime’s horrific chemical attacks.  “The toppled regime of Bashar al-Assad had used these inhumane weapons against its own people in at least nine cases documented by independent investigations,” echoed France’s delegate.  And for more than 11 years, the Assad regime obstructed the work of OPCW, he recalled.

    ‘Historic Opportunity’ for Renewed Momentum

    “This is an opportunity that must not be squandered,” the representative of Panama stressed, echoing many speakers who also spotlighted this moment as a unique chance for Syria to start fresh.  Efforts are being made to rebuild institutions and restore the rule of law.  In the same vein, he also echoed several speakers as he expressed concern over increasing clashes and tensions across the country.  “We urge all parties to halt this escalation and to prioritize dialog and stability,” he urged.

    “We have a historic opportunity to close this dark chapter in history and to start a new one — creating a Syria that is safer for its people and more secure for the region and the world,” said the representative of the United States, underscoring that all elements of the Assad regime’s chemical weapons programme must now be secured, declared and safely destroyed under international verification.  This imperative is two-fold:  to bring Syria into compliance with its obligations under the Chemical Weapons Convention, and critically, to ensure that any remaining elements do not end up in the wrong hands, she said.  However, “the window of opportunity is short”, she cautioned, highlighting “a tremendously important mission” before OPCW.

    The fall of the Assad regime presents “a golden opportunity” to destroy Syria’s remaining chemical weapons programme, said the speaker for the United Kingdom, as he welcomed the commitments already made by the Syrian interim authorities to fully cooperate with OPCW.  For things to progress, however, the international community must provide the financial and technical assistance that is required.  He also urged Israel to de-escalate their actions in Syria, adding that such military moves risk destabilizing an already fragile situation.  The representative of Republic of Korea also called on regional actors to refrain from actions that could impede Syria’s full implementation of its Chemical Weapons Convention obligations.  Israel’s air strikes could not only create a risk of contamination, but also lead to the destruction of valuable evidence for investigations related to past use of chemical weapons.  “Broader accountability measures must be pursued as part of Syria’s political transition,” he stressed.

    Moscow Questions Expert Deployment to Chemical Weapons Sites

    The Russian Federation’s delegate stated that his country was instrumental in Syria’s accession to the Chemical Weapons Convention in 2013, which placed its chemical arsenal under international control.  “On the whole, we support any progress that would help resolve the remaining outstanding issues in Syria’s initial declaration,” he said. However, he expressed doubts about the OPCW’s ability to carry out its technical mandate impartially, citing long-standing concerns over the politicization of its work. Cautioning against the deployment of full-fledged OPCW teams in Syria, he argued that any conclusions such missions might reach “won’t enjoy the trust of the international community”.  Given the uncertain conditions in the country, verifying the presence of chemical weapons is “not the top priority for the current authorities,” he said, emphasizing:  “We need to understand this and not push ahead with this topic.”

    Other speakers commended recent diplomatic progress, with Algeria’s delegate, speaking also for Guyana, Sierra Leone and Somalia, acknowledging the recent engagement between Syria and OPCW and the designation by the Syrian Ministry of Foreign Affairs of a new focal point for chemical weapons matters.  He commended Qatar’s “instrumental role” as a revitalizing channel for engagement.  While recognizing the challenges faced by the Declaration Assessment Team in addressing all outstanding issues, he welcomed the readiness of the new Syrian leadership to inaugurate a new chapter of open and transparent relations with the Organization.

    Türkiye’s delegate said that the high-level discussions during this visit of the OPCW Director-General “represent a crucial turning point in establishing direct cooperation between Syria and the OPCW, putting an end to years of stagnation”.  Echoing several other speakers, he commended Qatar for temporarily assuming the role of representing Syria’s interests at OPCW, and also called on the Council to take decisive action against Israel’s expansionist and destabilizing acts.

    New Foreign Policy, New Phase of Cooperation 

    For his part, Syria’s representative said his country is “keen to adopt a new foreign policy” grounded in international law, and to honour its obligations under international legal instruments it has acceded to. Accordingly, he reiterated his country’s commitment to cooperate with OPCW and “close this file once and for all”. However, he stressed that Israel’s aggression against several military and civilian facilities in Syria on 9 December 2024 complicates the relevant logistical, technical and practical challenges.

    Highlighting “a new phase of cooperation” with OPCW, he requested that Syria’s privileges and rights as a State party — which have been suspended — be restored and collective punitive measures be lifted.  “This undermined its efforts to achieve economic development and meet the needs of its people,” he observed, adding that Syria is keen today to eliminate the threat posed by prohibited chemical weapons, promote international peace and stability and “ensure that these atrocities will not occur in the future”.

    MIL OSI United Nations News

  • MIL-OSI Security: Chinese National Arrested For Conspiracy To Commit Wire Fraud

    Source: Office of United States Attorneys

    Ocala, Florida – Acting United States Attorney Sara C. Sweeney announces the return of an indictment charging Jiaan Cao (33, China) with conspiracy to commit wire fraud. If convicted, Cao faces a maximum penalty of 20 years in federal prison. Cao is currently detained pending the resolution of this case. 

    According to the indictment, beginning in at least October 2024 and continuing through December 12, 2024, Cao conspired with others to commit wire fraud. Cao and other conspirators sought to accomplish the wire fraud by gaining access to a victim’s computer, fraudulently posing as a representative of a victim’s financial institution and informing the victim their account had been subjected to fraudulent or criminal activity. A member of the conspiracy would then direct the victim to withdraw money from their account and purchase gold to provide to a conspirator. A conspirator would then travel to the victim to obtain the gold. During the conspiracy, conspirators exchanged electronic communications with one another that included location details of the victim.

    An indictment is merely a formal charge that a defendant has committed one or more violations of federal criminal law, and every defendant is presumed innocent unless, and until, proven guilty.

    This case was investigated by Homeland Security Investigations and the Marion County Sheriff’s Office. It will be prosecuted by Assistant United States Attorney Sarah Janette Swartzberg.

    MIL Security OSI

  • MIL-OSI: Bel Announces Grand Opening of New Facility in India

    Source: GlobeNewswire (MIL-OSI)

    WEST ORANGE, N.J., March 07, 2025 (GLOBE NEWSWIRE) — Bel Fuse Inc. (Nasdaq: BELFA and BELFB) (“Bel” or the “Company”) today announced the grand opening of its new facility in Manesar, Gurugram, India, a critical milestone following Bel’s acquisition of Enercon in November 2024. The original Enercon factory in India, which this replaces, was opened in 2018 and grew from 17 associates to over 200 associates today. The new facility will enable our Power Solutions and Protection segment to double its manufacturing capacity in India. This expands the overall Bel footprint outside of China thus providing more optionality for our customers. 

    Dan Bernstein, President and CEO of Bel, commented, “We’re excited to be celebrating the opening of our new facility in India. This project was underway by the Enercon team at the time of our acquisition and will aid Bel’s goal to accelerate the geographic diversification of our manufacturing footprint.” Eyal Shary, CEO of Enercon, added, “We are proud of our investment in India and our ability to grow our manufacturing base within it. The Enercon team did an amazing job of keeping this project on track even during the acquisition process and we look forward to the combined company benefitting from the additional space.”

    About Bel
    Bel (www.belfuse.com) designs, manufactures and markets a broad array of products that power, protect and connect electronic circuits. These products are primarily used in the defense, commercial aerospace, networking, telecommunications, computing, general industrial, high-speed data transmission, transportation and eMobility industries. Bel’s portfolio of products also finds application in the automotive, medical, broadcasting and consumer electronics markets. Bel’s product groups include Power Solutions and Protection (front-end, board-mount and industrial power products, module products and circuit protection), Connectivity Solutions (expanded beam fiber optic, copper-based, RF and RJ connectors and cable assemblies), and Magnetic Solutions (integrated connector modules, power transformers, power inductors and discrete components). The Company operates facilities around the world.

    Company Contact:
    Lynn Hutkin
    VP Financial Reporting & Investor Relations
    ir@belf.com 

    Investor Contact:
    Three Part Advisors
    Jean Marie Young, Managing Director or Steven Hooser, Partner
    631-418-4339
    jyoung@threepa.com; shooser@threepa.com

    The MIL Network

  • MIL-OSI USA: Q&A: President’s Address to Congress

    US Senate News:

    Source: United States Senator for Iowa Chuck Grassley

    Q: Why did President Trump address a joint session of Congress?

    A: Article II, Section 3 of the Constitution says the president “shall from time to time” give Congress information about the state of the union. George Washington set the precedent by fulfilling this duty in person. Although his successors from 1801 to 1913 sent their messages to Congress in writing, President Woodrow Wilson resumed the tradition of delivering the address in person that’s continued through the 47th president. While President Harry Truman’s 1947 address was the first televised to the nation, LBJ’s address in 1965 started the tradition of delivering the televised address in the evening.

    Since then, the nation’s chief executive has used the annual opportunity to speak directly to the American people, outline the priorities and achievements of the administration and offer legislative proposals for Congress in the coming year. Although it looks and sounds like a State of the Union address, that title refers to the annual speech after a president’s first year in office.  So, while March 4th was the fifth time for President Trump to give an annual address before a joint session of Congress, this update covered the first 43 days of his second term. And that six-week timeline is notable for the remarkable breadth of executive actions – and achievements – since inauguration day on January 20.

    Since Iowans first sent me to Congress, I’ve represented the people of Iowa under nine administrations. That adds up to a half-century of annual presidential addresses. In all that time, this is the first presidency that has dramatically upended business-as-usual since day one. I compare Trump’s first month in office of his second term as a hurricane uprooting the status quo. He wasted no time delivering on his promises to secure the border, bring manufacturing jobs back to America and reverse the disastrous policies of the previous administration that led to historic inflation and high cost of living.

    Q: What were the highlights of President Trump’s message?

    A: This president understands the power of the bully pulpit. Throughout his speech – the longest annual address in modern history, surpassing President Bill Clinton’s 85-minute State of the Union address in 1995 by 15 minutes –Trump grabbed the bull by the horns and charged full steam ahead, declaring “America is back.” His critics need to come to grips with reality. Trump won the popular vote and America witnessed a historical electoral shift that delivered Republican majority control in both houses of Congress and the White House. In our system of self-government, elections are intended to have consequences. The victories in November are a mandate for Trump’s agenda: the American people rejected the reckless policies of the previous administration that fostered historic inflation and open borders that allowed a wave of an estimated 10 million illegal immigrants to enter the country, empowering dangerous cartels to infiltrate communities with drug and human trafficking networks.

    As chairman of the Senate Judiciary Committee, I recently held a hearing on my bipartisan HALT Act that would give law enforcement better tools to put an end to our nation’s deadly opioid crisis. Chinese fentanyl poured into the U.S. under the Biden-Harris administration’s open border. The bill I got passed out of committee in February is now one step closer to the president’s desk. Families grieving the loss of a loved one from deadly fentanyl are leading  a grassroots effort to prevent other families from experiencing the crushing loss of an overdose death. During his address, Trump explained one of the reasons for the tariffs on Mexico, Canada and China were partly a response to their inaction toward the flow of fentanyl into the United States, which kills 200 Americans every day in our country.

    Trump also doubled down on his work to scrutinize federal spending and curb the cost of living. By cutting costly regulations and unleashing the power of American energy, the Trump administration seeks to lower energy costs by investments in natural gas pipelines and expanding the production of rare earth minerals. With unapologetic pride and hope for America, the president highlighted a handful of Americans in attendance who captured the spirit of America for their sacrifice, heroism and pursuit of the American Dream. During the speech he made a 13-year-old cancer survivor an honorary Secret Service agent; told an aspiring candidate to the U.S. military academy he was admitted into West Point; and, shined a spotlight on grieving families of crime. Notably, the first bill Trump signed into law was the Laken Riley Act, which included Sarah’s Law, named after a young Iowan killed nine years ago by an illegal migrant while driving drunk. It was an honor to be at the White House signing ceremony in her memory, alongside Sen. Joni Ernst and Rep. Randy Feenstra who I worked with to get this legislation passed. The president presented a strong agenda to strengthen American sovereignty, uphold freedom and liberty and bring prosperity to households, farms and businesses across the country. As always, I’m committed to represent the views and concerns of Iowans as Congress continues work on the people’s business.

    MIL OSI USA News

  • MIL-OSI: Financial Institutions Face Economic Uncertainties, Rising Competition from Consolidation and Digital-Only Providers, According to New Strata Report

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, March 07, 2025 (GLOBE NEWSWIRE) — Financial institutions nationwide are preparing to navigate significant economic uncertainties and mounting competition from non-traditional, digitally based competitors and industry consolidation throughout 2025, according to a new report from Strata Decision Technology.

    The 2025 CFO Outlook for Financial Institutions report combines industry analysts’ projections with Strata’s independent research. The impacts of interest rate changes and other economic factors — such as tariffs on imports from countries such as China, Canada, and Mexico — remain unknown. At the same time, analysts predict financial institutions could benefit from regulatory changes and the expansion of new technologies.

    “Financial institution leaders face considerable challenges as they work to bolster stability for their institutions in 2025,” said Eric Wheeler, Senior Director for Product Management at Strata. “Yet analysts are cautiously optimistic and predict that the momentum of 2024 will continue this year. Leaders will need to prepare for a variety of potential outcomes as they navigate shifting market forces, rising competition, and an unclear economic environment.”

    Finance leaders cited shifting interest rates as both the No. 1 risk and the primary driver of business model change in 2025. The Federal Reserve has indicated it will lower interest rates in 2025, but not to the extent originally projected and dependent on how the broader economy performs.

    With the Trump administration’s promises to scale back Biden-era regulations, financial institutions anticipate potential easing of capital requirements and further incentives for digital innovation. At the same time, however, the Trump administration is also easing restrictions on fintechs and cryptocurrency providers, which could lead to heightened competition from non-traditional financial services companies.

    The continued rise of digital-only, alternative finance providers such as neobanks and buy-now pay-later platforms remains a serious concern for industry leaders. In response, leaders cited their top three areas for technology spend in 2025 as digital banking, data and analytics, and fraud prevention and security.

    Analysts predict the industry will see an increase in the number of mergers and acquisitions in 2025, as asset quality improvements that began in late 2024 continue. Banks, credit unions, and other financial institutions are expected to continue to consolidate as they seek to build scale and keep pace with technological advancements. Some analysts anticipate the increased M&A activity will include a rise in non-traditional mergers among credit unions and banks, and banks and fintech companies.

    Artificial intelligence (AI) was identified as the top factor that will have the biggest impact on the future of financial services. Business applications of AI remain relatively low across all industries — including financial institutions — but that is expected to rapidly change in the coming years. Strata customers have said their institutions are applying AI primarily for customer service, such as the use of chatbots to communicate with customers. Many institutions plan to expand AI use over the next 12-18 months in areas such as financial systems, planning, fraud prevention, and further personalizing the customer experience.

    To address interest rate uncertainties, institutions are implementing numerous strategies, including increasing their focus on non-interest income, decreasing expenses, and changing product pricing. Financial institution leaders noted that commercial loans are projected to be their top area of profitability growth in 2025. Other anticipated growth areas include mortgage loans, consumer loans, deposits, and small business loans.

    About Strata Decision Technology

    Strata Decision Technology, LLC provides a cloud-based, enterprise performance platform for software, and data and service solutions to help organizations better analyze, plan, and perform in support of their missions. More than 2,300 organizations rely on Strata’s StrataJazz and Axiom solutions for financial analytics, planning, and performance management. Named the market leader for Business Decision Support for more than 15 consecutive years, Strata delivers first-class solutions and service, with an intense focus on accelerating innovation. For more information, please go to www.stratadecision.com.

    Media contact: 
    Sally Brown, Inkhouse
    strata@inkhouse.com

    The MIL Network

  • MIL-OSI USA: Hoeven, Rounds Reintroduce Legislation to Ban Foreign Adversaries from Buying American Farmland and Agricultural Businesses

    US Senate News:

    Source: United States Senator for North Dakota John Hoeven
    03.07.25
    WASHINGTON – Senator John Hoeven this week joined Senator Mike Rounds (R-S.D.) in reintroducing the Promoting Agriculture Safeguards and Security (PASS) Act, legislation to ban individuals and entities controlled by China, Russia, Iran and North Korea from purchasing agricultural land and businesses located near U.S. military installations or sensitive sites.
    “Foreign adversaries are buying up U.S. farmland which is a threat not only to our food security, but our national security. Our legislation will prevent these bad actors from purchasing farmland and agricultural businesses near our strategic assets to better protect our nation from those with malign intentions,” said Hoeven.
    The PASS Act is also cosponsored by Majority Leader John Thune (R-S.D.) and Senators Catherine Cortez Masto (D-Nev.) and Cynthia Lummis (R-Wyo.).
    In February 2025, President Trump issued a National Security Presidential Memorandum (NSPM) to promote foreign investment while protecting America’s national security interests. In the NSPM, the President specifically mentioned adopting new rules to stop China from “buying up America.”
    Specifically, the PASS Act would:
    Ban purchases of agricultural land by individuals/entities controlled by North Korea, China, Russia and Iran near military installations and sensitive sites.
    Make the Secretary of Agriculture a voting member of the Committee on Foreign Investment in the United States (CFIUS) for all covered transactions involving the purchase of agricultural land, biotechnology, and any other transaction related to the agriculture industry in the United States.
    Give the U.S. Department of Agriculture the ability to refer cases to CFIUS for review if there is reason to believe an agriculture land transaction may raise a national security concern.

    MIL OSI USA News

  • MIL-OSI Africa: Egypt on edge: finding a delicate balance between Gaza and Trump

    Source: The Conversation – Africa – By May Darwich, Associate Professor of International Relations of the Middle East, University of Birmingham

    US president Donald Trump famously called Egyptian president Abdel Fattah el-Sisi his “favourite dictator” in 2019, but their relationship has been complex. Trump’s return to the White House for a second term has sent ripples of concern through Cairo. In January 2025, Trump proposed a resolution to the ongoing Israel-Hamas war in Gaza: forcibly relocating Palestinians to Egypt and Jordan. Trump simultaneously threatened to withdraw US aid if these countries didn’t comply with the proposal. Sisi’s Egypt will need to navigate Trump’s ambition without sacrificing the regime’s own survival. May Darwich, who has studied Arab states’ foreign policies and alliances in the Middle East, explains what’s at stake.


    How dependent is Egypt on the US?

    Over time, Egypt has received more US foreign aid than any country besides Israel. It has received US$78 billion for economic assistance and US$90 billion in military assistance since 1946.

    A peace agreement with Israel in 1979 concluded the war between the two countries. Israeli forces withdrew from Egypt’s Sinai Peninsula. Since then, the US has provided Egypt with a fixed amount of US$1.5 billion, of which US$1.3 billion is military aid, every year. It goes to financing Egypt’s purchase of weapons systems from US defence contractors.

    US aid has been a cornerstone of Egyptian-US relations for decades.

    Since 1979, Egypt has been a central pillar of US policies in the Middle East. Military aid is deemed essential to ensure that the regime in Egypt aligns with US interests. At the same time, this aid is widely seen as contributing to the survival of Egypt’s authoritarian regime.

    But history shows that Egypt can soften the potential impact of the US freezing assistance during periods of strained relations.

    The US suspended some military assistance to Egypt after the regime change in 2013. During that time, el-Sisi, who was elected president in 2014, received support from Saudi Arabia and the United Arab Emirates. He also increased weapon imports from France and Russia.

    After a period of review, the Barack Obama administration released aid to Egypt to preserve US interests. As US secretary of state John Kerry once explained:

    We are getting a return on that investment that is not inconsequential. The army also is helping us enforce security in the Sinai (in Egypt). The army is also helping us enforce the Gaza peace.

    Should this relationship come under strain again, Egypt could learn to become even more independent. China’s influence in Egypt is growing, and the Gulf states that enjoy a close relationship with Sisi may also decide to commit funding.

    How has Egypt balanced its interests with Arab states, Israel and the US?

    The signing of the Egyptian-Israeli peace treaty in 1979 marked a shift in Egyptian foreign policy. The treaty aligned Egypt with the west in recognising Israel. This decision, however, led to Egypt’s isolation in the Arab world and its expulsion from the Arab League (it was readmitted in 1989).

    When Mohamed Hosni Mubarak assumed power following Anwar el-Sadat’s assassination in 1981, Egypt had to balance its partnership with the US, maintain peace with Israel and reconcile its relations with Arab states.

    Egypt condemned Israeli aggression against Palestinians and against Lebanon in 1982 and 2006, and froze efforts to normalise relations with Israel. This reinforced its pivotal position in Arab circles without jeopardising its peace with Israel.

    Meanwhile, Egypt helped US military assets to move across the region and oil to flow through the Suez Canal. It maintained peace and stability with Israel by pressuring Palestinian resistance movements into de-escalation. This balancing act allowed Egypt to become a mediator between Palestine and Israel.

    Egypt under Sisi has made efforts to maintain the balancing act. However, the ongoing Gaza war has intensified Egypt’s challenges. These include refugee flights and instability at its border. The war has also threatened Egypt’s longstanding role in the Middle East region.

    How has the Gaza war threatened Egypt’s balancing act?

    The onset of the Gaza war in October 2023 put Egypt on edge. Cairo is apprehensive about Israel’s potential strategy of forcibly locating Palestinians to the Sinai Peninsula, which is on its territory. Egyptian officials have deemed that scenario as a red line. Cairo doesn’t want to be seen as undermining the Palestinian cause.

    Also, Egyptians harbour concerns that the presence of a substantial Palestinian population in Sinai – which links Africa to Asia, and borders Israel and Gaza – could transform the region into a launchpad for attacks on Israel. This would compel Egypt to either suppress such activities or face retaliation from Israel.

    This concern stems from a 1955 incident. The Israeli army raided an Egyptian military camp in the Gaza strip, which was then under Egyptian control. Seventeen soldiers were killed following a Palestinian militant’s killing of an Israeli. A plan to move Palestinians to Sinai sparked protests in the Gaza strip, bringing the Egyptian military in direct confrontation with Palestinians.

    This historical event has continued to shape Egyptian foreign policy, which rejects any relocation of Palestinians in Sinai.

    The current war has highlighted structural weaknesses in the already precarious Egyptian economy. The Houthi attacks in the Red Sea that began in 2024 caused a sharp drop in revenues from the Suez Canal, a critical source of foreign revenue for Egypt.

    Sisi played on European fears that what happened in Gaza could harm Egypt’s economic situation and lead to mass migration to Europe. But cash infusions won’t solve the deep-seated economic challenges facing the country.

    Cairo’s role as a mediator between the west, Israel and the Arab world is facing renewed challenges. Other mediators, like Qatar, have emerged.

    What could affect Egypt’s response to Trump’s proposal to relocate Palestinians?

    Trump’s proposal places the Egyptian regime in a precarious position. If Egypt agrees to the plan to relocate Palestinians from Gaza, it would signify a dramatic departure from its foundational foreign policies. It could also reignite discontent among its population.

    Rejecting the proposal would strain Egypt-US relations, potentially undermining the support for Sisi’s regime, which might then have to seek aid from other countries.

    The Gaza conflict underscores Egypt’s historical and political entanglement with the Palestinian issue.

    – Egypt on edge: finding a delicate balance between Gaza and Trump
    – https://theconversation.com/egypt-on-edge-finding-a-delicate-balance-between-gaza-and-trump-251375

    MIL OSI Africa

  • MIL-OSI Global: Egypt on edge: finding a delicate balance between Gaza and Trump

    Source: The Conversation – Africa – By May Darwich, Associate Professor of International Relations of the Middle East, University of Birmingham

    US president Donald Trump famously called Egyptian president Abdel Fattah el-Sisi his “favourite dictator” in 2019, but their relationship has been complex. Trump’s return to the White House for a second term has sent ripples of concern through Cairo. In January 2025, Trump proposed a resolution to the ongoing Israel-Hamas war in Gaza: forcibly relocating Palestinians to Egypt and Jordan. Trump simultaneously threatened to withdraw US aid if these countries didn’t comply with the proposal. Sisi’s Egypt will need to navigate Trump’s ambition without sacrificing the regime’s own survival. May Darwich, who has studied Arab states’ foreign policies and alliances in the Middle East, explains what’s at stake.


    How dependent is Egypt on the US?

    Over time, Egypt has received more US foreign aid than any country besides Israel. It has received US$78 billion for economic assistance and US$90 billion in military assistance since 1946.

    A peace agreement with Israel in 1979 concluded the war between the two countries. Israeli forces withdrew from Egypt’s Sinai Peninsula. Since then, the US has provided Egypt with a fixed amount of US$1.5 billion, of which US$1.3 billion is military aid, every year. It goes to financing Egypt’s purchase of weapons systems from US defence contractors.

    US aid has been a cornerstone of Egyptian-US relations for decades.

    Since 1979, Egypt has been a central pillar of US policies in the Middle East. Military aid is deemed essential to ensure that the regime in Egypt aligns with US interests. At the same time, this aid is widely seen as contributing to the survival of Egypt’s authoritarian regime.

    But history shows that Egypt can soften the potential impact of the US freezing assistance during periods of strained relations.

    The US suspended some military assistance to Egypt after the regime change in 2013. During that time, el-Sisi, who was elected president in 2014, received support from Saudi Arabia and the United Arab Emirates. He also increased weapon imports from France and Russia.

    After a period of review, the Barack Obama administration released aid to Egypt to preserve US interests. As US secretary of state John Kerry once explained:

    We are getting a return on that investment that is not inconsequential. The army also is helping us enforce security in the Sinai (in Egypt). The army is also helping us enforce the Gaza peace.

    Should this relationship come under strain again, Egypt could learn to become even more independent. China’s influence in Egypt is growing, and the Gulf states that enjoy a close relationship with Sisi may also decide to commit funding.

    How has Egypt balanced its interests with Arab states, Israel and the US?

    The signing of the Egyptian-Israeli peace treaty in 1979 marked a shift in Egyptian foreign policy. The treaty aligned Egypt with the west in recognising Israel. This decision, however, led to Egypt’s isolation in the Arab world and its expulsion from the Arab League (it was readmitted in 1989).

    When Mohamed Hosni Mubarak assumed power following Anwar el-Sadat’s assassination in 1981, Egypt had to balance its partnership with the US, maintain peace with Israel and reconcile its relations with Arab states.

    Egypt condemned Israeli aggression against Palestinians and against Lebanon in 1982 and 2006, and froze efforts to normalise relations with Israel. This reinforced its pivotal position in Arab circles without jeopardising its peace with Israel.

    Meanwhile, Egypt helped US military assets to move across the region and oil to flow through the Suez Canal. It maintained peace and stability with Israel by pressuring Palestinian resistance movements into de-escalation. This balancing act allowed Egypt to become a mediator between Palestine and Israel.

    Egypt under Sisi has made efforts to maintain the balancing act. However, the ongoing Gaza war has intensified Egypt’s challenges. These include refugee flights and instability at its border. The war has also threatened Egypt’s longstanding role in the Middle East region.

    How has the Gaza war threatened Egypt’s balancing act?

    The onset of the Gaza war in October 2023 put Egypt on edge. Cairo is apprehensive about Israel’s potential strategy of forcibly locating Palestinians to the Sinai Peninsula, which is on its territory. Egyptian officials have deemed that scenario as a red line. Cairo doesn’t want to be seen as undermining the Palestinian cause.

    Also, Egyptians harbour concerns that the presence of a substantial Palestinian population in Sinai – which links Africa to Asia, and borders Israel and Gaza – could transform the region into a launchpad for attacks on Israel. This would compel Egypt to either suppress such activities or face retaliation from Israel.

    This concern stems from a 1955 incident. The Israeli army raided an Egyptian military camp in the Gaza strip, which was then under Egyptian control. Seventeen soldiers were killed following a Palestinian militant’s killing of an Israeli. A plan to move Palestinians to Sinai sparked protests in the Gaza strip, bringing the Egyptian military in direct confrontation with Palestinians.

    This historical event has continued to shape Egyptian foreign policy, which rejects any relocation of Palestinians in Sinai.

    The current war has highlighted structural weaknesses in the already precarious Egyptian economy. The Houthi attacks in the Red Sea that began in 2024 caused a sharp drop in revenues from the Suez Canal, a critical source of foreign revenue for Egypt.

    Sisi played on European fears that what happened in Gaza could harm Egypt’s economic situation and lead to mass migration to Europe. But cash infusions won’t solve the deep-seated economic challenges facing the country.

    Cairo’s role as a mediator between the west, Israel and the Arab world is facing renewed challenges. Other mediators, like Qatar, have emerged.

    What could affect Egypt’s response to Trump’s proposal to relocate Palestinians?

    Trump’s proposal places the Egyptian regime in a precarious position. If Egypt agrees to the plan to relocate Palestinians from Gaza, it would signify a dramatic departure from its foundational foreign policies. It could also reignite discontent among its population.

    Rejecting the proposal would strain Egypt-US relations, potentially undermining the support for Sisi’s regime, which might then have to seek aid from other countries.

    The Gaza conflict underscores Egypt’s historical and political entanglement with the Palestinian issue.

    May Darwich does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    ref. Egypt on edge: finding a delicate balance between Gaza and Trump – https://theconversation.com/egypt-on-edge-finding-a-delicate-balance-between-gaza-and-trump-251375

    MIL OSI – Global Reports

  • MIL-OSI United Kingdom: UK-Japan Economic 2+2

    Source: United Kingdom – Executive Government & Departments 3

    News story

    UK-Japan Economic 2+2

    The UK and Japanese governments have met for the Economic 2+2 Ministers’ Meeting

    On March 7, from 6:30 p.m. to 8:30 p.m. for approximately 2 hours, the Japan-UK Economic 2+2 Ministers’ Meeting (“Economic 2+2”) was held. The meeting was attended by Mr. IWAYA Takeshi, Minister for Foreign Affairs of Japan, Mr. MUTO Yoji, Minister of Economy, Trade and Industry of Japan, the Rt. Hon. David Lammy MP, Secretary of State for Foreign, Commonwealth and Development Affairs of the United Kingdom of Great Britain and Northern Ireland, and the Rt. Hon. Jonathan Reynolds MP, Secretary of State for Business and Trade of the United Kingdom of Great Britain and Northern Ireland. The overview of the meeting is as follows.

    At the outset, Minister Iwaya stated that it was his pleasure to host the first Japan-UK Economic 2+2 Ministers’ Meeting in Tokyo, the establishment of which was announced by the leaders of Japan and the UK to promote dialogue on how trade and economic security converges with foreign policy; and hoped that today’s meeting would be an opportunity for both countries, as each other’s closest security partners in Europe and Asia, to strengthen their economic ties, building on the strong foundations of the Japan-UK Global Strategic Partnership articulated by the Hiroshima Accord.

    Minister Muto stated that he welcomed holding the Japan-UK Economic 2+2 Ministers’ Meeting and expressed his expectations for enhanced cooperation in areas such as economic security, energy, and innovation between Japan and the UK, which share fundamental values and continue to build a strong relationship.

    Foreign Secretary Lammy thanked Japan for hosting this inaugural meeting and underscored the importance of the dialogue in addressing the increasing convergence between economic and foreign policy issues and the significance of UK-Japan collaboration to forge a path in an increasingly volatile world.

    Minister Reynolds stated national security and economic growth are mutually reinforcing, and that he looked forward to using the discussion to explore areas of cooperation where the UK and Japan can jointly mitigate global risks to economic growth and trade.

    The global economic order now faces significant challenges. With shared fundamental values including freedom, democracy, and rule of law, the four Ministers from Japan and the UK committed to work to uphold these values by sustaining and strengthening a free, fair, and rules-based global economic order, and discussed issues on Economic Security, Free and Open International Trade, Energy Security, Global South as follows.

    Economic Security

    The four Ministers concurred that, given challenges in global trade, enhancing economic resilience internationally is an important contributor to sustainable and stable global growth.

    The four Ministers affirmed that coordination between partners and like-minded countries is essential to bolster economic resilience. Ministers also confirmed that the relationship between Japan and the UK is increasingly important and expressed their joint ambition to strengthen cooperation on economic resilience and economic security, including sharing analysis and insights, enhancing supply chain resilience and cooperation on critical and emerging technology issues.

    The four Ministers instructed officials to have meetings to take forward discussions to address the economic security challenges facing Japan and the UK, including enhancing supply-chain resilience, developing a fair market, and other relevant issues – with a view to enhancing their economic security partnership.

    The four Ministers concurred that this would support the industrial strategy partnership as discussed in the Strategic Economic Policy and Trade Dialogue.

     The four Ministers expressed concern over economic coercion, non-market policies and practices including harmful industrial subsidies, market-distorting practices of state-owned enterprises, as well as forced technology transfer, and harmful non-market overcapacity and other market distortions resulting from the non-market policies and practices.

     The four Ministers also reconfirmed the importance of cooperating with like-minded countries to build resilient and reliable supply-chains, including those for critical minerals that are essential for net-zero transition and digitalisation.

     In this regard, the four Ministers concurred to explore criteria that take into account not only economic factors, but also factors linked to the Principles on Resilient and Reliable Supply Chains, comprising of transparency, diversification, security, sustainability, and trustworthiness and reliability.

     Furthermore, the four Ministers concurred on continuing discussions to strengthen the coordination of their respective policies to further promote and protect critical and emerging technologies, recognising the importance of strategic public-private partnership, information exchange on economic security and the value of our two countries’ like-mindedness. The four Ministers concurred on deepening cooperation on export controls and research security to further facilitate the exchange of controlled goods and technologies between the two countries.

     The four Ministers welcomed the signing of Memorandums of Understanding between Japanese and UK industry partners that will facilitate joint Japan-UK supply chains and collaboration in the development of next-generation quantum computing.

     The four Ministers concurred on further strengthening effective export controls on materials, technology, and research that could be used for military purposes in a way that keeps pace with rapid technological developments.

     The four Ministers expressed their desire to see a just and lasting peace in Ukraine which ensures its future sovereignty and security. The four Minister reaffirmed their continued support to Ukraine in pursuit of peace through strength, in line with Ukraine’s needs. The four Ministers expressed their resolve to continue our comprehensive sanctions and economic measures to restrict as far as possible the revenues, goods, and technology Russia uses to fund and conduct its illegal war of aggression against Ukraine.

     To that end, the four Ministers concurred to continue action against Russia and countries supporting the Russian military complex through technical discussions to prevent diversion of key critical, specialist and emerging technologies. They reiterated their concern for China’s increasing support to Russia and Russia’s defense industrial base, which is decisively enabling Russia to maintain its illegal war in Ukraine.

    Free and Open International Trade

     The four Ministers reaffirmed the importance of the rules-based multilateral trading system with the WTO at its core as an important structure that affords legal stability and predictability for businesses, and concurred on moving towards strengthening all of the WTO’s functions, including negotiation, monitoring, deliberation and dispute settlement, as it marks the 30th anniversary of its establishment with an eye to the outcome of the 14th WTO Ministerial Conference (MC14) scheduled for next March.

     The four Ministers recognised the role played by plurilateral discussions and negotiations within the WTO in advancing issues of interest and called for the early incorporation of the Investment Facilitation for Development Agreement and the Agreement on Electronic Commerce into the WTO’s legal framework.

     The four Ministers also confirmed that they will work closely together in WTO discussions, including addressing contemporary trade-related issues such as non-market policies and practices, as well as climate change.

     The four Ministers emphasised the importance of developing robust international rules and norms and effectively utilising existing tools to ensure a global level playing field.

     In addition, the Japanese Ministers welcomed the UK’s accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) last December, and the four Ministers recognised that the CPTPP is an important pillar in promoting a free and fair rules-based economic order in the Indo-Pacific region.

     The Ministers confirmed that they would continue to work closely together with other parties to ensure CPTPP remains a modern, high-standards agreement.

    Energy Security

     The four Ministers discussed energy security risks and opportunities for Japan-UK collaboration to support further development of clean energy supply-chains.

     Ministers welcomed the signing of the Memoranda of Cooperation on offshore wind cooperation among governments, organisations, companies and on cooperation in advanced robotics and autonomous systems, and welcomed the  civil-nuclear collaboration between companies and research institutions of both countries, including on advanced nuclear technologies, fusion energy, and  nuclear decommissioning.

     They reaffirmed that they would continue promoting energy cooperation between Japan and the UK to deliver energy security for their citizens.

     Furthermore, they acknowledged their collaboration in the clean energy sector and emphasised the importance of creating Japan-UK collaborative projects to accelerate the clean energy transition in third countries and to strengthen coordination in pursuit of this.  

     The four Ministers also reaffirmed their shared commitment to keeping a limit of 1.5C temperature rise within reach and achieving net zero by 2050.

     They confirmed the need to reduce reliance on energy supply from unreliable and hostile actors.

     All four Ministers concurred that Russia’s illegal, unjustifiable and unprovoked full-scale invasion of Ukraine threatens the security of the Euro-Atlantic and Indo-Pacific, which is inseparable.

    Engagement with Global South

     The four Ministers shared the recognition that it is important to further enhance cooperation with Global South countries to maintain and strengthen a rule-based international economic order and affirmed that they would engage with the Global South towards sustainable development and trade mechanisms that support economic development and poverty reduction.

     They noted the importance of the WTO 14th Ministerial Conference, which will be held in Cameroon – in supporting this.

    The four Ministers reaffirmed the need for Japan and the UK to remain advocates of a free, open, and rules-based international economic order in the face of growing risks of global economic fragmentation and concurred on continuing their bilateral cooperation in areas such as the economic policies of both countries and economic security, while deepening discussions and cooperation with like-minded countries in related fields.

    Updates to this page

    Published 7 March 2025

    MIL OSI United Kingdom

  • MIL-OSI Global: Why a US minerals deal with Ukraine won’t deter Russian aggression

    Source: The Conversation – UK – By Patrick E. Shea, Senior Lecturer in International Relations and Global Governance, University of Glasgow

    The US vice-president, J.D. Vance, recently told Fox News that “the very best security guarantee” to prevent Russia from invading Ukraine again was “to give Americans economic upside in the future of Ukraine”.

    The implication is that the much-debated minerals deal, in which an investment fund managed by Kyiv and Washington would receive revenue from Ukraine’s natural resources, would create American economic interests in Ukraine. American security interests, it is suggested, could soon follow.

    Vance’s comments came with the deal hanging in the balance. A meeting at the White House on February 28, where the deal was expected to be signed, turned into a shouting match between Vance, the US president, Donald Trump, and his Ukrainian counterpart, Volodymyr Zelensky.

    Zelensky has since attempted to patch up relations with the Trump administration, announcing that he is ready to sign the deal at “any time and in any convenient format”. And Vance, when asked whether an agreement was still on the table, said Trump “is still committed” to reaching a deal.

    Having access to Ukrainian minerals is an important opportunity for America’s missile system electronics and electric vehicle industries. Ukraine is, for example, home to around one-third of all European lithium deposits, the key component in batteries.

    This access is particularly important now that China, which currently accounts for a high proportion of certain US mineral imports, has imposed a ban on exporting rare minerals to the US in retaliation for Trump’s tariff policies.

    But, while Ukraine’s minerals are tempting to the US and other world powers, a deal with Trump won’t help Ukraine’s security situation.

    Trump’s approach has two main flaws. First, research shows that investment typically follows security commitments, not the other way around. Investors seek markets that are stable and protected, rather than hoping their investments create those conditions.

    Previous US presidents have touted similar strategies without success. President William Howard Taft (1857-1930) championed “dollar diplomacy” in the early 20th century, promising that American investments would create stability across Latin America by “substituting dollars for bullets”.

    The reality proved quite different. Throughout this period, the US frequently used military force to protect oil interests in Latin America. But, because these interventions focused on extraction sites rather than defending entire countries, instability continued elsewhere in the region.

    Trump’s “America first” mantra suggests a similar pattern of defending American assets, and not necessarily the countries in which the assets reside.

    Second, the overall US commitment to protect American assets abroad is uncertain. The US has, since the end of the cold war, been selective about when and how it uses military force to protect overseas assets.

    Since 1991, the US military has intervened to protect American property in only four documented instances: Haiti in 2004, Lebanon in 2006, Egypt in 2011 and Yemen in 2012. These cases involved embassies and other smaller properties during periods of civil unrest, rather than defending economic interests.

    Recent presidents, including Trump, have been reluctant to use force to protect threatened American investments. US agribusiness giant Cargill, for example, had to close its operations in Ukraine’s eastern Donetsk region following Russia’s invasion in 2014.

    Building state capacity

    That said, economic relations with America can indeed bolster a partner state’s security. But my own research shows that this is largely through indirect channels, rather than the threat of military intervention.

    For example, US government departments, such as the US patent and trademark office, provide comprehensive training to partner states. Programmes involve training judges, police officers, prosecutors and policymakers to enforce intellectual property protections, administer land registries, combat counterfeiting and develop legal frameworks that protect investments.

    This capacity building not only helps American investors in these countries, but also improves the partner state’s overall capacity. More effective and capable bureaucracies are better able to manage and finance their military capabilities.

    Following Russia’s 2014 invasion of Ukraine, the US launched the agriculture and rural development support program. The initiative aimed to develop Ukraine’s institutional capacity for managing property rights and attracting diverse investments.

    The US Treasury brought in loan advisory firm First Financial Network to help Ukraine navigate its financial crisis after the invasion, while simultaneously building frameworks for foreign investment.

    By 2020, this partnership facilitated US investment firm Allrise Capital’s purchase of Odessa’s Chornomorets football stadium. This deal was described by John Morris, the president of First Financial Network, as demonstrating Ukraine’s ability “to sell assets to the international community”.

    These efforts did not deter Russia’s full-scale invasion in 2022. But they helped the Ukrainian government implement several administrative reforms in the years leading up to the invasion, including more efficient tax collection and professionalisation of civil servants. The government was better prepared for war than it would otherwise have been.

    The Ukrainian and Russian armies have been locked in battle for over three years.
    Kutsenko Volodymyr / Shutterstock

    If the US wants to enhance Ukraine’s security through economic means, the Trump administration would need to make two drastic changes.

    First, it would need to reinstate programmes that promote American investment abroad. After assuming office, Trump froze and began dismantling the United States Agency for International Development (USAid). The agency’s capacity-building efforts have security consequences.

    Second, for the US to have both an economic and security impact, Trump needs to reassure America’s allies. Assurances are not Trump’s speciality. On February 26, for example, Trump declined to say whether the US would defend Taiwan if it was attacked by China.

    Research suggests that investments follow alliances. But markets do not care about agreements alone. They respond to other signals too, like explicit statements of support. These statements of support also help to reassure allies and deter rivals.

    Unless Trump changes how he operates on the international stage, the economics of the mineral deal will not help Ukraine’s security situation.

    Patrick E. Shea does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    ref. Why a US minerals deal with Ukraine won’t deter Russian aggression – https://theconversation.com/why-a-us-minerals-deal-with-ukraine-wont-deter-russian-aggression-251436

    MIL OSI – Global Reports

  • MIL-OSI United Kingdom: Japan-UK Economic 2+2

    Source: United Kingdom – Government Statements

    News story

    Japan-UK Economic 2+2

    The UK and Japanese governments have met for the Economic 2+2 Ministers’ Meeting

    On March 7, from 6:30 p.m. to 8:30 p.m. for approximately 2 hours, the Japan-UK Economic 2+2 Ministers’ Meeting (“Economic 2+2”) was held. The meeting was attended by Mr. IWAYA Takeshi, Minister for Foreign Affairs of Japan, Mr. MUTO Yoji, Minister of Economy, Trade and Industry of Japan, the Rt. Hon. David Lammy MP, Secretary of State for Foreign, Commonwealth and Development Affairs of the United Kingdom of Great Britain and Northern Ireland, and the Rt. Hon. Jonathan Reynolds MP, Secretary of State for Business and Trade of the United Kingdom of Great Britain and Northern Ireland. The overview of the meeting is as follows.

    At the outset, Minister Iwaya stated that it was his pleasure to host the first Japan-UK Economic 2+2 Ministers’ Meeting in Tokyo, the establishment of which was announced by the leaders of Japan and the UK to promote dialogue on how trade and economic security converges with foreign policy; and hoped that today’s meeting would be an opportunity for both countries, as each other’s closest security partners in Europe and Asia, to strengthen their economic ties, building on the strong foundations of the Japan-UK Global Strategic Partnership articulated by the Hiroshima Accord.

    Minister Muto stated that he welcomed holding the Japan-UK Economic 2+2 Ministers’ Meeting and expressed his expectations for enhanced cooperation in areas such as economic security, energy, and innovation between Japan and the UK, which share fundamental values and continue to build a strong relationship.

    Foreign Secretary Lammy thanked Japan for hosting this inaugural meeting and underscored the importance of the dialogue in addressing the increasing convergence between economic and foreign policy issues and the significance of UK-Japan collaboration to forge a path in an increasingly volatile world.

    Minister Reynolds stated national security and economic growth are mutually reinforcing, and that he looked forward to using the discussion to explore areas of cooperation where the UK and Japan can jointly mitigate global risks to economic growth and trade.

    The global economic order now faces significant challenges. With shared fundamental values including freedom, democracy, and rule of law, the four Ministers from Japan and the UK committed to work to uphold these values by sustaining and strengthening a free, fair, and rules-based global economic order, and discussed issues on Economic Security, Free and Open International Trade, Energy Security, Global South as follows.

    Economic Security

    The four Ministers concurred that, given challenges in global trade, enhancing economic resilience internationally is an important contributor to sustainable and stable global growth.

    The four Ministers affirmed that coordination between partners and like-minded countries is essential to bolster economic resilience. Ministers also confirmed that the relationship between Japan and the UK is increasingly important and expressed their joint ambition to strengthen cooperation on economic resilience and economic security, including sharing analysis and insights, enhancing supply chain resilience and cooperation on critical and emerging technology issues.

    The four Ministers instructed officials to have meetings to take forward discussions to address the economic security challenges facing Japan and the UK, including enhancing supply-chain resilience, developing a fair market, and other relevant issues – with a view to enhancing their economic security partnership.

    The four Ministers concurred that this would support the industrial strategy partnership as discussed in the Strategic Economic Policy and Trade Dialogue.

     The four Ministers expressed concern over economic coercion, non-market policies and practices including harmful industrial subsidies, market-distorting practices of state-owned enterprises, as well as forced technology transfer, and harmful non-market overcapacity and other market distortions resulting from the non-market policies and practices.

     The four Ministers also reconfirmed the importance of cooperating with like-minded countries to build resilient and reliable supply-chains, including those for critical minerals that are essential for net-zero transition and digitalisation.

     In this regard, the four Ministers concurred to explore criteria that take into account not only economic factors, but also factors linked to the Principles on Resilient and Reliable Supply Chains, comprising of transparency, diversification, security, sustainability, and trustworthiness and reliability.

     Furthermore, the four Ministers concurred on continuing discussions to strengthen the coordination of their respective policies to further promote and protect critical and emerging technologies, recognising the importance of strategic public-private partnership, information exchange on economic security and the value of our two countries’ like-mindedness. The four Ministers concurred on deepening cooperation on export controls and research security to further facilitate the exchange of controlled goods and technologies between the two countries.

     The four Ministers welcomed the signing of Memorandums of Understanding between Japanese and UK industry partners that will facilitate joint Japan-UK supply chains and collaboration in the development of next-generation quantum computing.

     The four Ministers concurred on further strengthening effective export controls on materials, technology, and research that could be used for military purposes in a way that keeps pace with rapid technological developments.

     The four Ministers expressed their desire to see a just and lasting peace in Ukraine which ensures its future sovereignty and security. The four Minister reaffirmed their continued support to Ukraine in pursuit of peace through strength, in line with Ukraine’s needs. The four Ministers expressed their resolve to continue our comprehensive sanctions and economic measures to restrict as far as possible the revenues, goods, and technology Russia uses to fund and conduct its illegal war of aggression against Ukraine.

     To that end, the four Ministers concurred to continue action against Russia and countries supporting the Russian military complex through technical discussions to prevent diversion of key critical, specialist and emerging technologies. They reiterated their concern for China’s increasing support to Russia and Russia’s defense industrial base, which is decisively enabling Russia to maintain its illegal war in Ukraine.

    Free and Open International Trade

     The four Ministers reaffirmed the importance of the rules-based multilateral trading system with the WTO at its core as an important structure that affords legal stability and predictability for businesses, and concurred on moving towards strengthening all of the WTO’s functions, including negotiation, monitoring, deliberation and dispute settlement, as it marks the 30th anniversary of its establishment with an eye to the outcome of the 14th WTO Ministerial Conference (MC14) scheduled for next March.

     The four Ministers recognised the role played by plurilateral discussions and negotiations within the WTO in advancing issues of interest and called for the early incorporation of the Investment Facilitation for Development Agreement and the Agreement on Electronic Commerce into the WTO’s legal framework.

     The four Ministers also confirmed that they will work closely together in WTO discussions, including addressing contemporary trade-related issues such as non-market policies and practices, as well as climate change.

     The four Ministers emphasised the importance of developing robust international rules and norms and effectively utilising existing tools to ensure a global level playing field.

     In addition, the Japanese Ministers welcomed the UK’s accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) last December, and the four Ministers recognised that the CPTPP is an important pillar in promoting a free and fair rules-based economic order in the Indo-Pacific region.

     The Ministers confirmed that they would continue to work closely together with other parties to ensure CPTPP remains a modern, high-standards agreement.

    Energy Security

     The four Ministers discussed energy security risks and opportunities for Japan-UK collaboration to support further development of clean energy supply-chains.

     Ministers welcomed the signing of the Memoranda of Cooperation on offshore wind cooperation among governments, organisations, companies and on cooperation in advanced robotics and autonomous systems, and welcomed the  civil-nuclear collaboration between companies and research institutions of both countries, including on advanced nuclear technologies, fusion energy, and  nuclear decommissioning.

     They reaffirmed that they would continue promoting energy cooperation between Japan and the UK to deliver energy security for their citizens.

     Furthermore, they acknowledged their collaboration in the clean energy sector and emphasised the importance of creating Japan-UK collaborative projects to accelerate the clean energy transition in third countries and to strengthen coordination in pursuit of this.  

     The four Ministers also reaffirmed their shared commitment to keeping a limit of 1.5C temperature rise within reach and achieving net zero by 2050.

     They confirmed the need to reduce reliance on energy supply from unreliable and hostile actors.

     All four Ministers concurred that Russia’s illegal, unjustifiable and unprovoked full-scale invasion of Ukraine threatens the security of the Euro-Atlantic and Indo-Pacific, which is inseparable.

    Engagement with Global South

     The four Ministers shared the recognition that it is important to further enhance cooperation with Global South countries to maintain and strengthen a rule-based international economic order and affirmed that they would engage with the Global South towards sustainable development and trade mechanisms that support economic development and poverty reduction.

     They noted the importance of the WTO 14th Ministerial Conference, which will be held in Cameroon – in supporting this.

    The four Ministers reaffirmed the need for Japan and the UK to remain advocates of a free, open, and rules-based international economic order in the face of growing risks of global economic fragmentation and concurred on continuing their bilateral cooperation in areas such as the economic policies of both countries and economic security, while deepening discussions and cooperation with like-minded countries in related fields.

    Updates to this page

    Published 7 March 2025

    MIL OSI United Kingdom

  • MIL-OSI China: She rides the waves: Global women executives dive into China’s new opportunities

    Source: China State Council Information Office

    Editor’s note: Female executives from various countries and industries gathered in Beijing on March 5 for an International Women’s Day networking event hosted by the China Economic Cooperation Center and the China Soong Ching Ling Foundation.

    MIL OSI China News

  • MIL-OSI Global: Knocking down abandoned buildings has a lot of benefits for Detroit − but it’s costly for cities

    Source: The Conversation – USA – By Mark Skidmore, Professor of Government Finance and Policy, Michigan State University

    Detroit has knocked down more than 20,000 homes since 2014. The process continues. Patrick Gorski/NurPhoto via Getty Images

    Few cities have experienced a sharper economic change of fortune than Detroit.

    It was one of the fastest-growing cities in the nation between 1900 and 1950.

    In the nearly 75 years since then, it has lost over 60% of its population, becoming the defining example of a postindustrial city in decline.

    Chronic population loss creates a significant mismatch in the housing market. An ongoing reduction in the demand for housing leads to an oversupply of vacant properties. Vacant properties can quickly deteriorate due to neglect, arson, vandalism and crime.

    Shuttered and repossessed homes line the streets of a middle-class neighborhood on the East side of Detroit.
    Charles Ommanney via Getty Images

    Rehabilitating abandoned and neglected properties is often not possible. It can take just a few years for vacant homes to transition from being habitable to blighted. What should policymakers do with the growing unwanted inventory?

    One option is to do nothing and wait for real estate developers to clean up the parcels and hopefully rebuild.

    In the absence of private sector action, which often fails to take hold, city officials may implement policies to remove blighted properties and stabilize neighborhoods. That’s what Detroit has been doing since 1974. As a result, 17% of the city’s land area is now composed of vacant land where houses once stood.

    As a group of economists who study municipal finance of cities experiencing population decline, we took a deep look at the success of razing blighted properties in Detroit.

    Detroit removes thousands of blighted homes

    Between 2014 and 2019, the city demolished 20,800 blighted properties through the Detroit Demolition Program. The heaviest concentration of demolitions occurred in the lowest-valued areas of the city such as the Brightmoor, Burbank and Midwest neighborhoods.

    Location of demolitions and property sales prices in Detroit from 2009 to 2019. The heaviest concentration of demolitions occurred in the lowest-valued areas of the city, as shown in red and orange.
    Alvayay Torrejón, Paredes, Skidmore (2023), CC BY-NC-ND

    From 2014 to 2019, many of the demolitions were funded by the federal government’s Hardest Hit Fund. The goals of the fund are to help reduce homeowner foreclosures and stabilize neighborhoods. This fund spent US$52 million tearing down homes in Detroit.

    As with any government intervention, it is critical to evaluate costs and benefits so leaders can be sure they are implementing the most effective revitalization strategy.

    Costs and benefits of demolition

    Research demonstrates that demolitions not only eliminate blight, they also stabilize neighborhood housing values, improve property tax compliance, reduce crime and eliminate toxic materials such as asbestos and lead paint.

    From the perspective of city finances, the success of razing a property can be assessed in two ways.

    First, does it increase the value of nearby properties? A study that two of us published in 2017 answered this question in the affirmative: Tearing down an abandoned building in Detroit does increase the value of nearby properties by a small amount: $162.

    Second, how do changes in the value of those nearby properties affect Detroit’s property tax revenue? If property values increase, property taxes increase too, so it is possible to calculate how long it takes for the city to recoup its costs. On average, demolishing a blighted structure in Detroit costs $21,556.

    In the case of Detroit during the period examined, our research shows the benefits of the program in terms of increased property values are limited and do not fully cover the demolition costs.

    Even if you optimistically assume the benefits of demolition extend to properties as far as about 2½ blocks away, the increase in property tax revenue generated from the demolition is too small to cover demolition costs.

    To understand why, imagine drawing a circle around the razed property with a radius of about 0.125 miles, which is how we defined 2½ city blocks, and then examining the change in property value and tax revenue of the properties within the circle. While removing a blighted property is a win in many other ways, it doesn’t have much effect on neighboring home values.

    Our findings indicate that vacant lots also have a negative effect on the property values of surrounding homes. For example, for homes within 2½ city blocks, the net effect of a demolition without redevelopment is an increase in neighboring home prices of $162. In this case, it would take 50 years for money collected via property taxes to equal the costs of demolition. It’s hard to say what happens if the lot is redeveloped because so few are.

    If you measure the effect using smaller rings around the razed property, full cost recovery times get even longer.

    State and federal assistance

    Yet over the long run, these demolitions are essential for maintaining quality of life and positioning the city for future redevelopment. Some would argue that it is the role of government to pay for programs like this in struggling cities. Under President George W. Bush, for example, the U.S. Department of Housing and Urban Development implemented the Neighborhood Stabilization Program, which included funds for the demolition of blighted structures.

    The federal Hardest Hit Fund covered many of the demolitions in Detroit from 2014 to 2019. When that program ended, city voters showed their enthusiasm for removing blighted properties by approving Proposal N, a $250 million Detroit-funded plan to continue the demolition program.

    However, additional property taxes to cover demolition costs may further put the city at competitive disadvantage in the region, nationally and globally. Detroit already has among the highest property taxes in the country.

    Allowing the state to foot the bill would keep property taxes affordable, but support for such programs is mixed in the state Capitol in Lansing due to resource constraints and the fact that other Michigan cities such as Flint have also struggled with declines in population.

    Lessons learned from Detroit’s razing

    Detroit and other postindustrial American cities such as Cleveland, Ohio, and Gary, Indiana, have experienced population declines in recent decades, but these challenges are by no means exclusively a United States phenomenon.

    Throughout history, cities such as Rome have experienced enormous drops in population. Paris lost population in medieval times. Some ancient cities such as Carthage and Petra have been fully abandoned.

    In the coming years, Japan, Korea and a number of European countries are on track to experience significant population decline. Many resource-dependent cities in China have the same problem.

    That means lessons learned from Detroit may be helpful to policymakers in other places. Many leaders in Detroit did not imagine that the population would decline over decades, and they didn’t plan for that happening.

    Other cities have an opportunity to prepare. They can start by diversifying their economies and city revenue streams so that government has the funding to step in and ensure that quality of life is maintained as population shrinks.

    Mark Skidmore receives funding from the Lincoln Institute of Land Policy.

    Camila Alvayay-Torrejon receives funding from Lincoln Institute of Land Policy.

    Dusan Paredes Araya receives funding from Lincoln Institute of Land Policy.

    ref. Knocking down abandoned buildings has a lot of benefits for Detroit − but it’s costly for cities – https://theconversation.com/knocking-down-abandoned-buildings-has-a-lot-of-benefits-for-detroit-but-its-costly-for-cities-248994

    MIL OSI – Global Reports

  • MIL-OSI Asia-Pac: SITI visits Portugal (with photos)

    Source: Hong Kong Government special administrative region

    SITI visits Portugal (with photos)
    **********************************

    The Secretary for Innovation, Technology and Industry, Professor Sun Dong, led a delegation of representatives from Hong Kong’s innovation and technology (I&T) sector to visit Lisbon, Portugal, on March 6 (Lisbon time).     Professor Sun and the delegation visited Taguspark, which is the largest science and technology park and incubator in Portugal, to learn about the latest effort of Taguspark in pooling technology companies to move in, developing applied science and technology and promoting economic activities covering multiple areas.     Professor Sun and the delegation then met with representatives of the Oeiras Valley Investment Agency and were briefed on the agency’s work in promoting the municipality’s economic growth and attracting investment. The two parties exchanged views on promoting collaboration between innovative parks of Hong Kong and Portugal, as well as investment and exchanges among enterprises in the two places. They also had an exchange with several local enterprises.      In the evening, Professor Sun met with Ambassador Extraordinary and Plenipotentiary of the People’s Republic of China to the Portuguese Republic, Mr Zhao Bentang, to brief him on the new initiatives by the Hong Kong Special Administrative Region Government in promoting I&T, and developing new industrialisation to support the high-quality economic growth of Hong Kong. They also explored ways to enhance co-operation between Hong Kong and Portugal in the I&T field.     Members of the delegation include heads from the Hong Kong Science and Technology Parks Corporation (HKSTPC), Cyberport, the Hong Kong Applied Science and Technology Research Institute and the Hong Kong Microelectronics Research and Development Institute, as well as representatives of 24 local I&T enterprises or institutions. The HKSTPC and the Hong Kong Trade Development Council co-ordinated the participation of the I&T representatives of the enterprises and institutions at the MWC 2025.     Professor Sun will conclude the visit in Portugal on March 7 and will return to Hong Kong in the afternoon on March 8 (Hong Kong time).

    Ends/Friday, March 7, 2025Issued at HKT 9:00

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: S for S departs for Thailand to co-ordinate rescue of six Hong Kong residents detained in Southeast Asia (with photos)

    Source: Hong Kong Government special administrative region

    S for S departs for Thailand to co-ordinate rescue of six Hong Kong residents detained in Southeast Asia (with photos)
    ******************************************************************************************

    The Secretary for Security, Mr Tang Ping-keung, departed for Thailand earlier to participate in the co-ordination and rescue operation for six Hong Kong residents who were lured to Myanmar to engage in illegal work. Mr Tang returned to Hong Kong today (March 7), while the six residents, to be accompanied by members of the Security Bureau’s dedicated task force, will return to Hong Kong tonight.     The dedicated task force, comprising members from the Security Bureau, the Hong Kong Police Force and the Immigration Department, departed for Thailand earlier to participate in the rescue operation for the six Hong Kong residents who were detained in Myanmar. Upon arrival in Bangkok, the members of the dedicated task force proceeded to the Mae Sot area near the border between Thailand and Myanmar to participate in the joint rescue operation involving various parties. Mr Tang also departed for Thailand yesterday (March 6) to co-ordinate the rescue operation together with senior officials from the Ministry of Defence, the Ministry of Justice, and the Police of Thailand.     The six Hong Kong residents, comprising three men and three women aged between 29 and 44, were detained in Myanmar for periods ranging from five to seven months. They were sent to Mae Sot, Thailand, at midnight by the military of Myanmar after being rescued. With the assistance of Thai authorities and personnel from the Chinese Embassy in the Kingdom of Thailand and the Consulate General of the People’s Republic of China in Chiang Mai, the dedicated task force escorted the six residents to depart from Mae Sot and arrived in Bangkok this afternoon.     Mr Tang expressed gratitude to all units involved in the joint operation, including the Ministry of Public Security of the People’s Republic of China, frontline personnel at the Thai-Myanmar border; the Ministry of Foreign Affairs, especially the Chinese Embassy in the Kingdom of Thailand and the Consulate General of the People’s Republic of China in Chiang Mai; the Ministry of Justice, the Ministry of Defence, the Police and the military of Thailand; as well as the relevant Myanmar authorities, the Security Bureau’s dedicated task force and the Hong Kong Economic and Trade Office in Bangkok.     Mr Tang had a video meeting with the six Hong Kong residents earlier and was pleased to learn that they were safe and in good condition. They expressed gratitude to those who helped in the rescue and looked forward to returning to Hong Kong to reunite with their families later today.     The dedicated task force will continue to actively follow up on the remaining three request-for-assistance cases of individuals who have yet to return to Hong Kong and will strive to facilitate their return as soon as possible.

    Ends/Friday, March 7, 2025Issued at HKT 18:28

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Six detainees in Myanmar rescued

    Source: Hong Kong Information Services

    The Security Bureau announced today that six Hong Kong residents lured to Myanmar to engage in illegal work have been rescued following a joint rescue operation.

     

    A dedicated task force, consisting of members from the bureau, the Police Force and the Immigration Department, had earlier travelled to the Mae Sot area of Thailand, near its border with Myanmar.

     

    Secretary for Security Tang Ping-keung subsequently flew to Thailand yesterday to co-ordinate the operation alongside senior officials from Thailand’s Ministry of Defence, Ministry of Justice, and police.

     

    The six Hong Kong residents, comprising three men and three women all aged between 29 and 44, had been detained in Myanmar for periods ranging from five to seven months. After being rescued, they were sent to Mae Sot by Myanmar’s military. With the assistance of Thai authorities, the Chinese Embassy in the Kingdom of Thailand, and the Consulate General of the People’s Republic of China in Chiang Mai, the task force escorted the six from Mae Sot to Bangkok, which they reached this afternoon.

     

    Mr Tang had earlier held a video meeting with the citizens and was pleased to learn that they were safe and in good condition. They expressed gratitude to those who had helped in their rescue and said they looked forward to reuniting with their families in Hong Kong.

     

    Mr Tang thanked all units involved in the joint operation, including the Ministry of Public Security of the People’s Republic of China; frontline personnel at the Thai-Myanmar border; the Ministry of Foreign Affairs, especially the Chinese Embassy in the Kingdom of Thailand and the Consulate General of the People’s Republic of China in Chiang Mai; Thailand’s Ministry of Justice, Ministry of Defence, police and military; relevant authorities in Myanmar; the task force; and the Hong Kong Economic & Trade Office in Bangkok.

     

    Regarding three individuals who have yet to return to Hong Kong, the bureau stressed that it will actively follow up on their cases and strive to facilitate their return as soon as possible.

    MIL OSI Asia Pacific News

  • MIL-OSI China: Xi calls for successful conclusion of five-year plan for military development

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

    BEIJING, March 7 — Chinese President Xi Jinping on Friday called for implementing the requirements for high-quality development to ensure a successful conclusion of the 14th Five-Year Plan (2021-2025) for military development.

    Xi, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, made the remarks while attending a plenary meeting of the delegation of the People’s Liberation Army and the People’s Armed Police Force at the third session of the 14th National People’s Congress, China’s national legislature.

    MIL OSI China News

  • MIL-OSI Global: Ditches and canals are a big, yet overlooked, source of greenhouse gas emissions – new study

    Source: The Conversation – UK – By Teresa Silverthorn, Postdoctoral Research Associate, University of Liverpool

    Dick Kenny/Shutterstock

    It’s a cold winter morning in the bleak and bare arable fields of the East Anglian fens. At the edge of a field, a scientist dips a long pole into a ditch. So, what is a climate researcher doing here?

    We are measuring greenhouse gas emissions from ditches and canals by collecting samples of ditch water and analysing them in the laboratory. We also use floating chambers – a low-tech creation (sometimes coupled with high-tech sensors) made of a plastic bucket and noodle-shaped swimming floats that sit on top of the water and collect the gases emitted from it.

    As freshwater biogeochemists, we investigate how elements like carbon and nitrogen are cycled through freshwater ecosystems such as rivers, lakes and ponds. We study how human-induced pressures including eutrophication – when excess nutrients cause algal blooms that deplete oxygen – and climate change affect these cycles.

    Unlike many other scientists, we have a fondness for ditches and canals (we’ll call them all ditches from now on), which don’t tend to receive a lot of attention in the freshwater research world.

    Researchers have previously calculated that ditches emit up to 3% of the total global methane emissions from human activities. In our new study, we find they also emit a lot of CO₂ and nitrous oxide.

    In fact, when comparing the same surface area, ditches emit more CO₂ and nitrous oxide than ponds, lakes and reservoirs – probably due to the high nutrient inputs that go into ditches.

    Using a rough approximation of the global surface area of ditches, we estimate that including ditches would increase global freshwater CO₂ emissions by up to 1% and nitrous oxide emissions by up to 9%.

    These percentages might seem small, but they add up. When accounting for all three greenhouse gases, the world’s ditches emit 333Tg CO₂e (teragrams of CO₂ equivalents – a common unit to express the total climate impact of all greenhouse gases). This is nearly equivalent to the UK’s total greenhouse gas emissions in 2023 (379Tg CO₂e).

    For this study, we collaborated with ditch experts from the UK, Netherlands, Denmark, Australia and China. We collected existing data of greenhouse gas emissions from 119 ditches in 23 different countries, across all major climate zones.

    We estimated that global ditches cover about 5,353,000 hectares – about 22% of the UK’s total land area, or the whole of Costa Rica. However, researchers still don’t definitively know the global extent of ditches – they may actually cover a much larger area.

    Ditches are human-made, linear waterways built to serve a variety of purposes. By draining wetlands, they can help create productive soils for growing crops or trees.

    They also transport water for irrigating crops. Some are built to create desirable waterfront properties. Bigger canals play a role in shipping and transportation, while roadside ditches serve to redistribute storm water runoff.

    The global length of ditches is unknown but very large. In many European countries, the total ditch length rivals that of their streams and rivers. The Netherlands has 300,000km of ditches criss-crossing agricultural land. In Finland, networks of forestry drains total around 1 million km.

    Ditches can emit large amounts of greenhouse gases (CO₂, methane and nitrous oxide) that contribute to global warming and climate change. Ditches often contain stagnant water and are commonly found in agricultural and urban landscapes, which means they can receive high nutrient inputs from agricultural runoff containing manure and fertilisers, and from stormwater runoff containing lawn fertilisers, pet and yard waste.

    This creates the low-oxygen, high-nutrient conditions ideal for the production of greenhouse gases – especially methane and nitrous oxide, whose global warming potentials are much higher than CO₂. Given their extent, ditches therefore make a notable contribution to freshwater greenhouse gas budgets in many countries throughout the world.

    Fence, plant and dredge

    By considering ditches when reporting their annual greenhouse gas emissions, nations can build a more accurate picture of the problem. Proper quantification can also help researchers target ways to reduce greenhouse gas emissions from ditches. For example, stronger legislation can limit the use of fertilisers and manure near ditches.

    In Australia, installing fences to prevent cattle from entering farm dams has reduced methane emissions from dams by half. A similar strategy could be applied to ditches to minimise the amount of nutrient-rich manure flowing into them.

    Planting more trees along ditch banks could help take up some of the nutrients and lower water temperature through shading, which also reduces greenhouse gas production. Dredging ditches can remove nutrient-rich sediments, while aerating ditch water can make conditions less ideal for the production of methane.

    So, solutions do exist – but they’ll only be employed and scaled up once the significance of emissions from ditches is quantified and more widely recognised.


    Don’t have time to read about climate change as much as you’d like?

    Get a weekly roundup in your inbox instead. Every Wednesday, The Conversation’s environment editor writes Imagine, a short email that goes a little deeper into just one climate issue. Join the 40,000+ readers who’ve subscribed so far.


    Teresa Silverthorn has received funding for ditch research from from Defra, the Environment Agency, and EPSRC (UK research councils).

    Mike Peacock has received funding for ditch research from Defra, the Environment Agency, NERC and EPSRC (UK research councils), and Formas and VR (Swedish research councils).

    ref. Ditches and canals are a big, yet overlooked, source of greenhouse gas emissions – new study – https://theconversation.com/ditches-and-canals-are-a-big-yet-overlooked-source-of-greenhouse-gas-emissions-new-study-250240

    MIL OSI – Global Reports

  • MIL-OSI Europe: Written question – Measures to reduce red tape – E-000828/2025

    Source: European Parliament

    Question for written answer  E-000828/2025
    to the Commission
    Rule 144
    Georgios Aftias (PPE)

    Addressing Parliament, the European Central Bank’s former president and former prime minister of Italy, Mario Draghi, stressed that ‘progress is now happening outside of Europe’ and that ‘Europe’s internal barriers are equivalent to a tariff of 45% for manufacturing and 110% for services’.

    The EU has wound up being a single market of obstacles rather than of unhindered access to markets and services, which was the initial idea behind the European project. It is therefore losing the main advantage upon which it was founded. All obstacles must be overcome. For instance, European regulatory rules on tech companies alone pose a significant burden, as the cost of complying with the GDPR has reduced profits for small European tech companies by up to 12 %. As a result, bureaucracy and over-regulation are leading European companies to boost trade with non-EU countries, such as the US and China, which have simpler legislative frameworks.

    Based on the above, can the Commission answer the following:

    • 1.Does it intend to take measures to reduce red tape within the EU, while boosting transparency and trade?
    • 2.Will it introduce self-help financing schemes that will strengthen the EU’s domestic industries so as to reduce its dependence on third partners?
    • 3.Is it aiming to introduce single energy prices?

    Submitted: 24.2.2025

    Last updated: 7 March 2025

    MIL OSI Europe News

  • MIL-OSI: Lithium Carbonate Futures Now Live for Trading on Abaxx Exchange

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, March 07, 2025 (GLOBE NEWSWIRE) — Abaxx Technologies Inc. (CBOE:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, indirect majority shareholder of Abaxx Singapore Pte Ltd. (“Abaxx Singapore”), the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), and producer of the SmarterMarkets™ Podcast, today announced that its three regional, physically-deliverable Lithium Carbonate futures contracts are now live for trading.

    The energy transition is driving demand for battery metals to unprecedented levels, while countries race to secure critical supply chains — yet commodity futures markets have not kept pace with these new realities. Globally, lithium carbonate demand is projected to grow by 16% per year through 2030, according to the IEA¹, reinforcing the need for transparent price benchmarks and effective risk management tools. Abaxx’s Lithium Carbonate futures establish the first USD-denominated, physically-deliverable benchmark for lithium carbonate outside of China, offering transparent price discovery, precise hedging, and supply chain optimization in a market shaped by geopolitical shifts and evolving trade flows.

    Each regional contract is US dollar-denominated, physically deliverable DAP (Delivered at Place, as defined by Incoterms 2020), representing 1 tonne of lithium carbonate, with delivery locations at ports in Singapore, Rotterdam, and Baltimore.

    “Lithium carbonate sits at a critical point in the supply chain — between spodumene and hydroxide — where a benchmark price is most needed,” said Sacha Lifschitz, Head of Battery Materials at Abaxx Exchange. “By introducing a physically-deliverable contract with a direct delivery mechanism, we’re ensuring alignment with real-world trade flows. With contracts for lithium carbonate deliverable in Singapore, Rotterdam, and Baltimore, market participants now have access to pricing that reflects the market conditions specific to each region, creating a more transparent and effective pricing tool for the industry.”

    Abaxx’s suite of futures contracts for energy, environmental markets and battery metals is open for trading 14 hours a day, Monday through Friday. Visit abaxx.exchange/resources-clearing-members-brokers for a full list of clearing firms and execution brokers.

    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 an indirect majority-owner of subsidiaries Abaxx Exchange and Abaxx Clearing, recognized by MAS as a “recognised market operator” (RMO) and “approved clearing house” (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: +1 246 271 0082
    E-mail: ir@abaxx.tech

    ¹ International Energy Agency (IEA), Critical Minerals Data Explorer, Stated Policies Scenario. Available at: https://www.iea.org/data-and-statistics/data-tools/critical-minerals-data-explorer.

    Cautionary Statement Regarding Forward-Looking Information

    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: Abaxx’s objectives, goals or future plans, benefits of the introduction of its Lithium Carbonate contracts; introduction of new battery materials products; the delivery of commodities subject to futures contracts; expectations related to the global energy transition; and positive impacts from the growth of global battery metal demand. Such factors impacting forward-looking information include, among others: 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 and 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 Russia: Lecturers from Henan Urban Planning University completed an internship at SPbGASU

    Translartion. Region: Russians Fedetion –

    Source: Saint Petersburg State University of Architecture and Civil Engineering – Saint Petersburg State University of Architecture and Civil Engineering – FIEiGKh teachers and colleagues from China

    Teachers from Henan University of Urban Planning (China) completed an internship at the Department of Water Use and Water Disposal of SPbGASU and received certificates.

    According to Shuainat Akhmadulaeva, Head of the International Activities Department of SPbGASU, cooperation with Henan University of Architecture and Civil Engineering (HSU) has been developing dynamically since 2017 and includes a wide range of areas, including the implementation of joint educational programs, academic exchange of teachers and students, holding joint summer schools, carrying out scientific and technical developments, holding scientific and practical conferences, expanding the laboratory base, and publishing activities.

    “Since 2022, SPbGASU has been participating in the implementation of the educational program for training bachelors in “Water Supply and Sanitation”, financed by the Chinese side. Up to 20 teachers from seven departments of our university took part in this work annually. Now, eight teachers from Henan University of Urban Development have completed an internship at the Faculty of Environmental Engineering and Urban Economy,” explained Shuainat Akhmadulaeva.

    Deputy Dean of the Faculty of Engineering Ecology and Urban Economy for Career Guidance Olesya Samodolova said that the interns also attended a class in the laboratory of the Department of Heat and Gas Supply and Ventilation. SPbGASU teachers Nikolay Ponomarev and Kirill Sukhanov held a laboratory class on a heating device, demonstrated the equipment, talked about virtual laboratory work and stands.

    Presenting certificates of completion of the internship to colleagues from China, Dean of the Institute of Economics and Geochemistry Dmitry Ulrikh expressed hope that the experience gained will be useful to them in their professional activities.

    “Within the framework of cooperation with Henan University of Urban Development, quite large prospects have emerged. With the management of our university, we discussed the possibility of implementing a double degree program in the specialty of water supply and sanitation with the subsequent expansion of training areas. While cooperating in educational activities, we will be glad to jointly develop the scientific direction as well,” noted Dmitry Ulrikh.

    The head of the Chinese delegation, He Yali, associate professor at Henan Urban Development University, confirmed that they had indeed learned a lot of new things during the several days of the internship.

    “We attended classes and appreciated the very high level of teaching. We hope to continue cooperation, including within the framework of the double degree program. We will also be glad to see you at our university,” He Yali noted.

    Head of the Department of Water Use and Ecology at SPbGASU Svyatoslav Fedorov added that the cooperation continues: next week, SPbGASU teachers will go to Henan University of Urban Development, where they will conduct classes.

    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 China: NHC minister meets with Tunisian minister of health

    Source: People’s Republic of China Ministry of Health

    Lei Haichao, minister of China’s National Health Commission, met with Tunisian Minister of Health Mustapha Ferjani in Beijing on Feb 26. The pair discussed strengthening bilateral cooperation and signed a memorandum of understanding on health exchanges and cooperation between the two countries.

    Lei welcomed Ferjani to China, noting that China and Tunisia enjoy a profound friendship and have maintained long-term friendly cooperation in the health sector.

    He said that China is thoroughly implementing the guiding principles of the 20th National Congress of the Communist Party of China (CPC) and the second and third plenary sessions of the 20th CPC Central Committee, advancing a health-first strategy and further deepening the reform of the medical and health system to build a Healthy China.

    He added that China is ready to work with Tunisia to advance the Partnership Action for Health proposed at the Beijing Summit of the Forum on China-Africa Cooperation in 2024 and deepen practical cooperation in health policy, traditional medicine, public health, digital health and the pharmaceutical industry, so as to promote the building of a global community of health for all.

    Ferjani spoke highly of China’s achievements in the health sector and expressed gratitude for China’s long-term selfless medical assistance. He said Tunisia looks forward to learning from China’s development experience, and deepening bilateral health cooperation to continuously improve the health and well-being of the two peoples.

    MIL OSI China News