Category: Economy

  • MIL-OSI Asia-Pac: LCQ3: Promoting development of low-altitude economy

    Source: Hong Kong Government special administrative region

         â€‹Following is a question by the Hon Elizabeth Quat and a reply by the Secretary for Transport and Logistics, Ms Mable Chan, in the Legislative Council today (February 12):

    Question:

         Low-altitude economy (LAE), with its long industrial chain, extensive application scenarios and huge development potential, is a model for fostering new quality productive forces. In the 2024 Policy Address, the Chief Executive has announced the work direction for promoting the development of LAE, with a view to pressing ahead with the promotion of LAE as one of the growth engines of new quality productive forces. In this connection, will the Government inform this Council:

    (1) given that the Government accepted applications for the first batch of LAE Regulatory Sandbox pilot projects at the end of last year, of the progress of processing the applications and when successful applications will commence their projects; of the details of the second batch applications;

    (2) given that the aforesaid Policy Address proposes to explore with the Mainland the joint establishment of low-altitude cross-boundary air routes, immigration and customs clearance arrangements and supporting infrastructure, etc, of the details and progress of the relevant work plan; and

    (3) given that the Government has previously remarked in its reply to my question that various government departments have applied small unmanned aircraft in different scenarios, and have integrated such applications with artificial intelligence (AI) technologies to perform certain tasks, so as to enhance the efficiency of urban management and public services, yet there is no mention on whether it would explore the establishment of an “AI-integrated unmanned aircraft urban management system” for use by and sharing of data and information among different government departments, whether the Government will, by drawing on the experience of the relevant Mainland departments in sharing and collaboration, promote institutional innovation to reform urban management?

    Reply: 

    President,

         In the 2024 Policy Address, the Chief Executive announced the work direction for promoting the development of low-altitude economy (LAE), which includes designating specific application sites to implement pilot projects. We will adopt a “top-level planning” approach as the core, starting from the perspective of overall infrastructure planning. Leveraging Hong Kong’s unique advantages of “one country, two systems”, connection with both the Mainland and the world, as well as a diverse talent pool, we will harness Hong Kong’s strengths in the area of LAE to contribute to the nation’s development of new quality productive forces.

         In consultation with the Innovation, Technology and Industry Bureau and the Civil Aviation Department (CAD), the reply to the Hon Elizabeth Quat’s question is as follows:
         
    (1) The first batch of Regulatory Sandbox (Sandbox) pilot projects was open for application in November 2024, with the application period closing at the end of last year. The Working Group on Developing LAE (the Working Group) is reviewing the projects submitted by a total of 72 applicants. It is expected that the results will be announced in the first quarter of this year and the project work will commence thereafter. Subject to the implementation of the first batch of pilot projects, we will announce the application details of the second batch of Sandbox pilot projects in due course.

         At the same time, the Government is reviewing the existing civil aviation legislation and regulatory regimes, with the target to submit the first phase of legislative amendment proposals to the Legislative Council (LegCo) within the second quarter of this year. The proposal is to expand the regulatory scope of the existing Small Unmanned Aircraft Order (Cap. 448G) to cover unmanned aircraft weighing between 25 and 150 kilogrammes. We also plan to take this opportunity to simultaneously introduce provisions in the Air Navigation (Hong Kong) Order 1995 (Cap. 448C) to empower the Director-General of Civil Aviation to permit trial flights of Advanced Air Mobility (AAM) under specified conditions, provided that aviation safety requirements are met. I hope the legislative amendment proposals will be able to expedite the implementation of the Sandbox pilot projects in the future and, in particular, meet the expectation of the market, the industry and from Members of the LegCo during our previous discussions that Hong Kong should conduct trials of projects involving heavier loading and carriage of passengers. In the long term, we are studying the introduction of a new, dedicated legislation for various AAM weighing over 150 kg. These legislative amendment work will not only align with future technological and application developments, but will also lay a foundation for low-altitude passenger-carrying flying activities in the future and position Hong Kong to play a significant role in advancing LAE regulatory certification.
         
    (2) In addition to promoting local applications, the Government is actively exploring the feasibility of cross-boundary delivery of goods and carriage of passengers. At the same time, cross-boundary helicopter services can enhance the convenience and efficiency of travel between different cities in the Greater Bay Area (GBA), further integrating Hong Kong’s diverse economy with other cities in the region and giving full play to Hong Kong’s unique advantage as a hub for connecting with both the Mainland and the world. To this end, the Government is actively promoting interface with relevant Mainland authorities to discuss the joint development of low-altitude cross-boundary air routes, immigration and customs arrangements, and supporting infrastructure, etc.

         In November last year, led by the Deputy Financial Secretary, representatives from the Transport and Logistics Bureau, the Security Bureau, the CAD, the Immigration Department and the Hong Kong Customs visited Shenzhen to exchange views with the relevant authorities on cross-boundary flying activities. During the visit, the responsible lead units were identified, and both sides agreed to continue communication on the development of LAE. Looking ahead, the Working Group will maintain contact with the relevant authorities, with the aim to facilitate co-operation as soon as possible to create favourable conditions for establishing the GBA low-altitude cross-boundary corridor.
         
    (3) For LAE to take off, infrastructure is indispensable. Currently, a number of government departments are already utilising drone and artificial intelligence (AI) technologies in various application scenarios to enhance services. Relevant departments are also leveraging various types of data from the Common Spatial Data Infrastructure and Open Data Portal (such as maps, aerial photographs, three-dimensional geospatial data, traffic data, and weather data) to facilitate innovative applications of unmanned aircraft and the open up and sharing of related city data. Additionally, the Digital Policy Office has launched several central platform services to further support various policy bureaux and departments (B/Ds) in making good use of digital technology to optimise public services and city management. The Hon Elizabeth Quat, with the rapid technological advancement, the Government will consider the needs of different departments for innovation of public services and city management, as well as draw on domestic and international experiences to build a low-altitude smart network and explore various digital solutions that promote data interoperability, sharing and analytical applications.

         At the same time, among the Sandbox pilot projects applications we have received, there are various urban management application projects, some of which include proposals combining technologies such as AI analysis, automatic identification systems, algorithms, and high-precision positioning. We will actively take forward the first batch of Sandbox pilot projects with an aim to drive the local technology industry towards greater professionalism and standardisation, enabling LAE to “fly steadily and far,” while positioning Hong Kong as an incubation hub for LAE innovative industries.
         
         Additionally, the Government is conducting technical research on low-altitude infrastructure, including the feasibility of low-altitude surveillance and management systems, low-altitude data sharing, and the application of Geographic Information System technology and three-dimensional geospatial data. We will continue to actively take forward these issues under the leadership of the Working Group.
         
         To conclude, President, the Government will continue to promote the development of LAE in Hong Kong through various measures, including the implementation of Sandbox pilot projects, strengthening cross-boundary co-operation, and enhancing infrastructure and technical support. These efforts aim to establish an innovative, efficient, and secure LAE ecosystem for Hong Kong.

         Thank you.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Fraudulent websites and social media accounts related to Chong Hing Bank Limited

    Source: Hong Kong Government special administrative region

    Fraudulent websites and social media accounts related to Chong Hing Bank Limited
    Fraudulent websites and social media accounts related to Chong Hing Bank Limited
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    The following is issued on behalf of the Hong Kong Monetary Authority:     The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Chong Hing Bank Limited relating to fraudulent websites and social media accounts, which have been reported to the HKMA. A hyperlink to the press release is available on the HKMA website.     The HKMA wishes to remind the public that banks will not send SMS or emails with embedded hyperlinks which direct them to the banks’ websites to carry out transactions. They will not ask customers for sensitive personal information, such as login passwords or one-time password, by phone, email or SMS (including via embedded hyperlinks).     Anyone who has provided his or her personal information, or who has conducted any financial transactions, through or in response to the websites or social media accounts concerned, should contact the bank using the contact information provided in the press release, and report the matter to the Police by contacting the Crime Wing Information Centre of the Hong Kong Police Force at 2860 5012.

     
    Ends/Wednesday, February 12, 2025Issued at HKT 16:40

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: LCQ1: Action Plan on Green Maritime Fuel Bunkering

    Source: Hong Kong Government special administrative region

    LCQ1: Action Plan on Green Maritime Fuel Bunkering
    LCQ1: Action Plan on Green Maritime Fuel Bunkering
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         Following is a question by the Hon Chan Hak-kan and a reply by the Secretary for Transport and Logistics, Ms Mable Chan, in the Legislative Council today (February 12):Question:     Regarding the Action Plan on Green Maritime Fuel Bunkering (the Action Plan) promulgated by the Government last year, will the Government inform this Council:(1) given that the Action Plan proposes to “adopt a multi-fuel strategy”, but it is learnt that at present, there are many types of green maritime fuels in the market, and most of them are at an early stage of development, while investments in the diversified development of fuels will not only increase the operational burden on investors, but also reduce the cost-effectiveness of such investments, whether the authorities will expeditiously specify the “designated fuels” and set relevant standards, carbon reduction targets, timetables, etc, so that investors can concentrate their resources and carry out long-term development planning;(2) as it is learnt that at present, the Mainland is already one of the major producers of maritime fuels such as bio-diesel and green methanol, and the related technologies have become relatively mature, how the authorities will, through administrative measures, support Hong Kong enterprises in fully grasping the advantage of enjoying the strong support of the motherland to build Hong Kong into a maritime fuel bunkering centre; and(3) given that the Action Plan proposes to set up a Green Maritime Fuel Bunkering Incentive Scheme within this year to encourage pioneer companies to develop green maritime fuel bunkering business in Hong Kong, when the authorities will announce the details of the Scheme?Reply: President,     The maritime industry accounts for about three per cent of the world’s carbon emissions. In order to reduce maritime operations’ negative impact on the environment, the International Maritime Organization (IMO) has set out a target of achieving net-zero carbon emissions from international shipping by or around 2050. There are many ways to reduce emissions, including adoption of energy saving technologies, switching to more energy-efficient vessels, usage of smart maritime technologies, among which the use of green maritime fuels is by far the most effective. Therefore, the industry has started to switch to using low or even zero-carbon green maritime fuels. Hong Kong must enhance its green maritime fuel bunkering capabilities to respond to market needs, so as to give full play to our advantage of our excellent geographical location and our position as a major bunkering port in South China, consolidate Hong Kong’s position as an international maritime centre, and maintain the competitiveness of our port.     The Government promulgated the Action Plan on Green Maritime Fuel Bunkering (Action Plan) in November last year, setting out clear targets with five strategies and 10 action measures with an aim to develop Hong Kong into a green maritime fuel bunkering centre. The Government has received strong support from the industry and maintained positive communication with Legislative Council members since the promulgation of the Action Plan. Various domestic and international players from different parts of the green maritime fuel bunkering supply chain have also expressed their interest in developing relevant businesses in Hong Kong.     Regarding the Hon Chan Hak-kan’s questions, the reply is as follows: (1) Currently, a number of green maritime fuels, including biodiesel, liquefied natural gas (LNG), green methanol, green ammonia and hydrogen are being used or tested by the industry, but not a single type of green maritime fuel is being particularly favoured. According to publicly available information on new vessels on order, by 2030 we expect that there will be over 1 000 vessels capable of being powered by LNG and nearly 400 methanol ones by 2030, as well as a number of hydrogen and green ammonia vessels in the world. Meanwhile, as most of the vessels that can use green maritime fuels will likely have dual-fuel engines, these vessels as well as the other traditional ones not yet due for replacement will likely adopt biodiesel, which is cheaper than other green maritime fuels currently, to reduce emission in the short term.     Taking into consideration the current trend in the maritime industry to retrofit or build new vessels powered by different green maritime fuels, the aforementioned figures, the high investment involved in ordering or retrofitting vessels, and that new vessels can generally operate for around more than 20 years after delivery, we expect diversified development in the green maritime fuel bunkering market in the coming decades. On one hand, Hong Kong will adopt a “multi-fuel” strategy like major ports such as Singapore, Rotterdam and Shanghai. But on the other hand, as mentioned in Hon Chan Hak-kan’s questions, we aim to provide a clear orientation on fuel options to the industry and the society, including making biodiesel bunkering immediately available, developing LNG and green methanol bunkering in the short- and medium-term respectively, and considering the development of the bunkering of hydrogen and green ammonia in the long run.     Following the aforementioned orientation and development directions, there are several actions we are about to implement, including:  

    in terms of LNG, we issued the Code of Practice (CoP) on LNG bunkering in January and the trade will soon conduct the first ship-to-ship LNG bunkering in Hong Kong waters this week;
    on green methanol, we will within this year invite the industry to submit expressions of interest in relation to developing green methanol storage facilities on a site in Tsing Yi South, and complete the CoP on green methanol bunkering; and
    as for hydrogen and green ammonia, we will simultaneously commence a feasibility study on the future bunkering of these fuels within this year, with a view to setting out a clear development direction.

         As regards standards on green maritime fuels, the IMO expects to finalise a number of mid-term measures within this year, which are expected to enter into force around 2027 and among which the “Green House Gas (GHG) fuel standard” will require the phased reduction of the GHG intensity of maritime fuels. As an Associate Member of IMO, Hong Kong will respond and follow the requirements in this regard.(2) Establishing a stable green maritime fuel supply chain is one of the action measures set out in the Action Plan. Given Hong Kong’s proximity to the Mainland, which is a major producer of a number of green fuels, we expect that most of Hong Kong’s green maritime fuels will be imported from the Mainland. In fact, currently some Hong Kong companies have already set up production facilities in different provinces and cities in the Mainland, including Inner Mongolia and Foshan, to produce green maritime fuels, while some Hong Kong and Mainland producers have expressed interest in providing such fuels to Hong Kong. Such stable green maritime fuel supply chain can also allow Hong Kong to take advantage of its robust and resilient financial system, good business environment, and regulatory regime in line with international standards, to develop into an international green maritime fuel trading centre.     At present, the Government will actively foster the conclusion of green maritime fuel offtake agreements by shipping companies interested in bunkering such fuels in Hong Kong. The Marine Department has set up a dedicated team to provide one-stop services for relevant companies, so as to help build a systematic and organic supply chain in Hong Kong. (3) As for the Green Maritime Fuel Bunkering Incentive Scheme, it aims to encourage pioneer enterprises to start green maritime fuel bunkering businesses in Hong Kong. At present, we are formulating the details of the scheme, and expect to establish the scheme in 2025 and will announce it in due course.     Thank you, President.

     
    Ends/Wednesday, February 12, 2025Issued at HKT 16:22

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Commissioner for the Development of the Guangdong-Hong Kong-Macao Greater Bay Area to promote Hong Kong and GBA development opportunities in Bangkok, Thailand

    Source: Hong Kong Government special administrative region

    Commissioner for the Development of the Guangdong-Hong Kong-Macao Greater Bay Area to promote Hong Kong and GBA development opportunities in Bangkok, Thailand
    Commissioner for the Development of the Guangdong-Hong Kong-Macao Greater Bay Area to promote Hong Kong and GBA development opportunities in Bangkok, Thailand
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         The Commissioner for the Development of the Guangdong-Hong Kong-Macao Greater Bay Area, Ms Maisie Chan, will begin her duty visit to Bangkok, Thailand, tomorrow (February 13) to promote Hong Kong and the development opportunities of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA).      Tomorrow (February 13), Ms Chan will attend a business luncheon, “Unlocking New Horizons: Hong Kong and the Greater Bay Area as a Hub for Global Business and Finance”, organised by the Hong Kong Economic and Trade Office in Bangkok. Ms Chan will deliver a keynote address to promote the strong impetus for growth and the development potential of the GBA. Under the “one country, two systems” principle, Hong Kong serves as the GBA’s international entry point that can help global enterprises tap into the vast business opportunities in the GBA. The Under Secretary for Financial Services and the Treasury, Mr Joseph Chan, will also be invited to speak at the luncheon.      During her stay in Bangkok, Ms Chan will call on the Chinese Embassy in the Kingdom of Thailand and meet with local business leaders, and representatives of financial institutions. She will also attend a dinner reception with the Thai Chamber of Commerce to promote the development opportunities of the GBA.      Ms Chan will conclude her visit and return to Hong Kong on February 14.

     
    Ends/Wednesday, February 12, 2025Issued at HKT 16:00

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Coal Ministry Issues Letters of Award to Selected Applicants under Categories II of the Financial Incentive Scheme for Coal Gasification

    Source: Government of India (2)

    Posted On: 12 FEB 2025 12:58PM by PIB Delhi

    The Ministry of Coal has made a significant stride in India’s ambitious Coal Gasification Initiative with the issuance of Letters of Award (LOAs) to selected applicants under Category II of the ₹8,500 crore Coal Gasification Incentive Scheme.

    The LOAs were presented by Shri Vikram Dev Dutt, Secretary, Ministry of Coal, in the august presence of Additional Secretary, Ms. Vismita Tej, and OSD (Technical), Shri Asheesh Kumar and Director (Technical), Shri BK Thakur, Ministry of Coal.

    Awardees under the Scheme:

    Category II: Private Sector/ Government PSUs (For allocation of Rs 1,000 crore per project or 15% of capex, whichever is lower)

    • Jindal Steel and Power Limited: The 2MMTPA coal gasification project in Angul, Odisha, has been awarded ₹569.05 crore in financial incentives. The ₹3,793 crore project will convert coal into Direct Reduced Iron (DRI) through coal gasification while also setting up a carbon capture and utilization plant designed to capture 30 TPD of CO2 for conversion into valuable products.
    • New Era Cleantech Solution Private Limited: A financial incentive of ₹1,000 crore has been granted for New Era Cleantech’s coal gasification project in Bhadravati, Chandrapur, Maharashtra. With a total project cost of ₹6,976 crore, it aims to produce 0.33 MMTPA of Ammonium Nitrate and 0.1 MMTPA of Hydrogen. Additionally, the project will implement Carbon Capture, Utilization, and Storage (CCUS) technology, where captured CO2 will be utilized for methanol production. The proposed CO2-to-methanol plant will have a capacity of 3,000 TPD (1.0 MMTPA).
    • Greta Energy Limited: The Greta Energy Limited has been awarded ₹414.01 crore of financial incentive for its coal gasification project at MIDC Bhadravati, Chandrapur, Maharashtra. With a total investment of ₹2,763 crore, the project aims to produce 0.5 MTPA of Direct Reduced Iron (DRI).

    The Coal Gasification Incentive Scheme plays a pivotal role in India’s ambitious target of reaching 100 million tonnes of coal gasification by 2030. This initiative is designed to accelerate technological advancements in coal gasification, significantly reduce carbon emissions, bolster energy security, and create a foundation for a more sustainable energy landscape.

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    Shuhaib T

    (Release ID: 2102157) Visitor Counter : 81

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: LCQ13: Lantau Tomorrow Vision

    Source: Hong Kong Government special administrative region

         Following is a question by the Hon Paul Tse and a written reply by the Secretary for Development, Ms Bernadette Linn, in the Legislative Council today (February 12):Question:     It is learnt that the Government has yet to confirm the commencement date of the reclamation project for the Kau Yi Chau Artificial Islands under the Lantau Tomorrow Vision. According to a paper submitted by the Government to the Panel on Development of this Council on December ‍29, 2022, the Government’s target was to commence the reclamation works for the Artificial Islands at the end of 2025. The Government subsequently indicated that the reclamation works “would be slightly deferred”. At the meeting of the Panel on Development of this Council on October 22 last year, the Secretary for Development advised that hopefully the reclamation works could commence within the current term of the Government (i.e. by June 30, 2027). On the 7th of last month, the Secretary for Development remarked that at present there was no need to fix a date for the commencement of the reclamation works; while a commentary article “The Lantau Tomorrow Vision is yesterday’s dream” published on the Ta Kung Wen Wei website on the same day pointed out that the Government had no choice but to slow down the pace of creating artificial land by reclamation under the Lantau Tomorrow Vision or even shelve the development plan, highlighting that the Lantau Tomorrow Vision has become “a thing of the past”. In this connection, will the Government inform this Council:(1) as there are views that the Government has been procrastinating on the commencement date of the works for the Lantau Tomorrow Vision, and the subsequent remark made by the Secretary for Development that at present there is no need to fix a date for the commencement of the reclamation works is entirely different from the remark in the commentary article “The Lantau Tomorrow Vision is yesterday’s dream” on the Ta Kung Wen Wei website, of the latest update of the project;      (2) whether the principal officials in charge of the Lantau Tomorrow Vision will formally and publicly give an account of the retention or otherwise of the project; and(3) given that the aforesaid commentary article has highlighted that “the Lantau Tomorrow Vision has become a thing of the past”, of the detailed expenditures incurred by the Government to date on the preliminary studies, design and consultancy work relating to the Lantau Tomorrow Vision; whether the Government will immediately suspend or freeze such work in order to minimise unnecessary expenditures; if so, of the estimated amount of expenditures that can be saved; if not, the reasons for that?Reply:President,     According to the findings of the study “Hong Kong 2030+: Towards a Planning Vision and Strategy Transcending 2030”, the target for supply of developed land in the 30 years from 2019 to 2048 is about 7 000 hectares, of which 1 000 hectares of land will come from the proposed Kau Yi Chau Artificial Islands (KYCAI) project. This 1 000 hectares of newly reclaimed land, geographically located at a strategical position, will expand the scope and capacity of the development of Hong Kong and provide transport infrastructures connecting the Northern Metropolis and Lantau Island. It helps to support Hong Kong’s sustainable development in the medium to long term.     The replies to various parts of Hon Paul Tse’s questions are as follows:(1) The article cited in this question was contributed by an individual to the relevant media. It is understood that it does not represent the position of the media, let alone the position of the Government.(2) The KYCAI is a project necessary for Hong Kong’s long-term development. The Government is taking forward the project in a steady and prudent manner, and will formulate the project implementation strategy in light of the progress of various studies of the project, as well as the priority and overall deployment of the Government’s various land creation and infrastructure projects.     The Civil Engineering and Development Department (CEDD) submitted the Environmental Impact Assessment (EIA) report for the reclamation part to the Environmental Protection Department on December 31 last year, with the target of completing the approval work within 2025. In addition to the EIA report for the reclamation part, the CEDD still needs to complete a series of tasks, including completing the EIA for the strategic roads and land development, and progressively commencing a series of detailed engineering studies (including formulating specific design and construction requirements for key infrastructure projects, and conducting relevant financial studies and analysis). The Government announced its forecast for the supply of developed land in the next 10 years in October last year, including 300 hectares of reclaimed land from the KYCAI project. At that time, it was expected that such land would only become available in the later stage of the decade. For such large-scale land development project, the current priority is to prudently complete the necessary preparatory work in the study and planning stages so that construction work can commence as quickly as possible at the appropriate time in the future.     The Government has reiterated the above position in the 2024 Policy Address, the Legislative Council’s Panel on Development’s Policy Address briefing, media interviews for the Secretary for Development, social media, and the KYCAI project’s dedicated website. When we applied for the block vote funding from the Legislative Council’s Public Works Subcommittee in January this year, we also explained the contents of the detailed engineering studies to Members.      (3) At its meeting on December 4, 2020, the Legislative Council’s Finance Committee approved a funding of $550.4 million for the ongoing planning and engineering study on the KYCAI (i.e. PWP Item No. 768CL “Studies related to artificial islands in the Central Waters”) to engage a consultant to carry out the relevant study and related site investigation works for KYCAI. By the end of the 2024/2025 financial year, the CEDD projects an expenditure of about $400 million. As explained in the reply in Part (2) above, the Government is taking forward the project in a steady and prudent manner, including continuing with the statutory EIA work and necessary studies.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: PM Surya Ghar: Muft Bijli Yojana Turns One

    Source: Government of India

    PM Surya Ghar: Muft Bijli Yojana Turns One

    Powering India’s Solar Revolution

    Posted On: 12 FEB 2025 12:48PM by PIB Delhi

    Introduction

    On February 13, 2025, the PM Surya Ghar: Muft Bijli Yojana (PMSGMBY) will mark its first anniversary, celebrating a year of empowering households with affordable solar energy and accelerating India’s transition to a sustainable future. Launched by Prime Minister Narendra Modi on February 13, 2024, this groundbreaking initiative aims to provide free electricity to households by facilitating the installation of rooftop solar panels. The PMSGMBY, the world’s largest domestic rooftop solar initiative, is reshaping India’s energy landscape with a bold vision to supply solar power to one crore households by March 2027.

    As of January 27, 2025, the scheme has already benefitted 8.46 lakh households through rooftop solar installations. The rapid adoption of solar energy is evident in the tenfold increase in monthly installation rates, which now stand at around 70,000 installations per month, significantly surpassing pre-scheme levels. The scheme offers a subsidy of up to 40%, making renewable energy more affordable and accessible. So far, ₹4,308.66 crore has been disbursed as Central Financial Assistance (CFA) to 5.54 lakh residential consumers, with an average subsidy of ₹77,800 per household. Additionally, an estimated 45% of the beneficiaries are now receiving zero electricity bills, depending on their solar power generation and consumption patterns.

    Top 5 states with the highest number of households benefiting under the PM Surya Ghar: Muft Bijli Yojana.

     

    Key Benefits

    The PM Surya Ghar: Muft Bijli Yojana offers several significant benefits to participating households:

    • Free Electricity for Households: The scheme provides households with free electricity through the installation of subsidized rooftop solar panels, significantly reducing their energy costs.

     

    • Reduced Electricity Costs for the Government: By promoting the widespread use of solar power, the scheme is expected to save the government an estimated ₹75,000 crore annually in electricity costs.

     

    • Increased Use of Renewable Energy: The scheme encourages the adoption of renewable energy sources, contributing to a more sustainable and environmentally friendly energy mix in India.

     

    • Reduced Carbon Emissions: The transition to solar energy under this scheme will help lower carbon emissions, supporting India’s commitment to reducing its carbon footprint.

    Subsidy Details

    The subsidy provided under the scheme varies based on the household’s average monthly electricity consumption and the corresponding suitable rooftop solar plant capacity:

    Average Monthly Electricity Consumption (units)

    Suitable Rooftop Solar Plant Capacity

    Subsidy Support

     

    0-150

    1-2 kW

    ₹ 30,000/- to ₹ 60,000/-

    150-300

    2-3 kW

    ₹ 60,000/- to ₹ 78,000/-

    > 300

    Above 3 kW

    ₹ 78,000/-

     

    Subsidy Application and Vendor Selection: Households can apply for the subsidy through the National Portal, where they can also select a suitable vendor for installing rooftop solar. The National Portal will assist in decision-making by providing information on appropriate system sizes, a benefits calculator, vendor ratings, and other relevant details. With all credentials are entered correctly on the National Portal, the average time taken in processing the CFA is around 15 days after redemption request made by the consumer.

     

    Collateral-Free Loans: Households will have access to collateral-free, low-interest loans at around 7% interest for the installation of residential rooftop solar (RTS) systems up to 3 kW.

    Eligibility

    Application Process

    The application process involves following nine specific steps to ensure a smooth and efficient submission and approval of solar panel installation.

    Impact

    The   PM Surya Ghar: Muft Bijli Yojana is expected to have far-reaching outcomes, both for individual households and the nation as a whole:

    • Household Savings and Income Generation: Households will benefit from significant savings on their electricity bills. Additionally, they will have the opportunity to earn extra income by selling surplus power generated by their rooftop solar systems to DISCOMs. For instance, a 3-kW system can generate over 300 units per month on average, providing a reliable source of energy and potential revenue.

     

    • Expansion of Solar Capacity: The scheme is projected to add 30 GW of solar capacity through rooftop installations in the residential sector, significantly contributing to India’s renewable energy goals.

     

    • Environmental Benefits: Over the 25-year lifetime of these rooftop systems, it is estimated that the scheme will generate 1000 BUs of electricity while reducing CO2 emissions by 720 million tonnes, making a substantial positive impact on the environment.

     

    • Job Creation: The scheme is also expected to create approximately 17 lakh direct jobs across various sectors, including manufacturing, logistics, supply chain, sales, installation, operations and maintenance (O&M), and other services, thereby boosting employment and economic growth in the country.

     

    Model Solar Village

    Under the “Model Solar Village” component of the scheme, the focus is on establishing one Model Solar Village per district throughout India. This initiative aims to promote solar energy adoption and empower village communities to achieve energy self-reliance. An allocation of ₹800 crore has been designated for this component, with ₹1 crore provided to each selected Model Solar Village.

    To qualify as a candidate village, it must be a revenue village with a population of over 5,000 (or 2,000 in special category states). Villages are selected through a competitive process, evaluated on their overall distributed renewable energy (RE) capacity six months after being identified by the District Level Committee (DLC).

    The village in each district with the highest RE capacity will receive a central financial assistance grant of ₹1 crore. The State/UT Renewable Energy Development Agency, under the supervision of the DLC, will oversee the implementation, ensuring these model villages successfully transition to solar energy and set a benchmark for others across the country.

    Conclusion

    In conclusion, the PM Surya Ghar: Muft Bijli Yojana is set to significantly reshape India’s energy landscape by empowering millions of households with solar power. By March 2025, installations are expected to exceed 10 lakh, doubling to 20 lakh by October 2025, reaching 40 lakh by March 2026, and ultimately achieving the ambitious one crore target by March 2027. This transformative initiative is set to save the government ₹75,000 crores annually in electricity costs, reinforcing India’s leadership in clean energy innovation. Through substantial subsidies, accessible financing options, and a focus on renewable energy, the initiative will not only provide free electricity to households but also contribute to significant savings for the government, reduced carbon emissions, and job creation.

    The Model Solar Village initiative further supports rural areas in becoming energy self-reliant, underscoring the government’s commitment to sustainable development. This ambitious programme sets India on a path toward a greener, more energy-efficient future, reinforcing its leadership in renewable energy.

    References:

    v https://pib.gov.in/PressReleasePage.aspx?PRID=2005596

    v https://www.myscheme.gov.in/schemes/pmsgmb

    v https://www.pmsuryaghar.gov.in/whatIsNew

    v https://cdnbbsr.s3waas.gov.in/s3716e1b8c6cd17b771da77391355749f3/uploads/2024/08/2024080998431910.pdf

    v https://pib.gov.in/PressReleasePage.aspx?PRID=2080833

    v https://sansad.in/getFile/annex/266/AU945_gOv3Tm.pdf?source=pqars

    Kindly find the pdf file 

    ****

    Santosh Kumar/ Sarla Meena/ Anchal Patiyal

    (Release ID: 2102149) Visitor Counter : 38

    MIL OSI Asia Pacific News

  • MIL-OSI: Hyperscale Data Announces 32 Consecutive Monthly Cash Dividend Payments Timely Paid for Series D Cumulative Redeemable Perpetual Preferred Stock

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, Feb. 12, 2025 (GLOBE NEWSWIRE) — Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced that it has successfully paid 32 consecutive monthly cash dividends for its 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock (the “Series D Preferred Stock”). Dividends on the Series D Preferred Stock are cumulative and are payable out of amounts legally available therefor at a rate equal to 13.00% per annum per $25.00 of stated liquidation preference per share, or $0.2708333 per share of Series D Preferred Stock per month.

    Milton “Todd” Ault III, Founder and Executive Chairman of the Company, stated, “The Company continues to reaffirm its commitment to enhancing its overall credit profile and making timely dividend payments on the Series D Preferred Stock. I want to highlight to all stockholders that the current yield on the Series D Preferred Stock is 21.05% based upon a closing price of $15.44 on February 11, 2025. I am confident in the long-term nature of the Series D Preferred Stock and am very proud of the Company’s track record with respect to the Series D Preferred Stock.”

    Link to NYSE quote for the Company’s 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock: https://www.nyse.com/quote/XASE:GPUSpD

    For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors, and any other interested parties read Hyperscale Data’s public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.

    About Hyperscale Data, Inc.

    Hyperscale Data is transitioning from a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact to becoming solely an owner and operator of data centers to support high performance computing services. Through its wholly and majority-owned subsidiaries and strategic investments, Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging artificial intelligence ecosystems and other industries. It also provides, through its wholly owned subsidiary, Ault Capital Group, Inc., mission-critical products that support a diverse range of industries, including an artificial intelligence software platform, social gaming platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, Hyperscale Data is actively engaged in private credit and structured finance through a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141; Hyperscale Data, Inc.

    Forward-Looking Statements

    This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

    Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8- K. All filings are available at www.sec.gov and on the Company’s website at www.hyperscaledata.com.

    Hyperscale Data Investor Contact:
    IR@hyperscaledata.com or 1-888-753-2235

    The MIL Network

  • MIL-OSI: Bitget Wallet Integrates Mantra Mainnet, Enabling Access to RWA Tokenization

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, Feb. 12, 2025 (GLOBE NEWSWIRE) — Bitget Wallet, a leading Web3 non-custodial wallet, has announced full support for the Mantra Mainnet, a Layer 1 blockchain focused on the tokenization of real-world assets (RWA). With this integration, Bitget Wallet users can easily access Mantra’s network to transfer and receive $OM tokens, participate in cross-chain transactions, and explore staking opportunities through Mantra’s DApp.

    The Mantra Mainnet is designed to enable the onchain representation of real-world assets, bridging the gap between traditional finance and blockchain ecosystems. Through tokenization, Mantra aims to provide a scalable and flexible foundation for integrating RWAs within decentralized finance (DeFi). By offering a compliant-ready framework, it positions itself as a key player in unlocking RWA potential.

    Bitget Wallet’s integration with Mantra highlights its commitment to expanding user access to emerging on-chain asset ecosystems. Users can interact seamlessly with Mantra’s DApp, which offers $OM token staking, cross-chain functions, and official rewards programs. This integration aligns with the growing trend of bringing real-world asset exposure to the decentralized world.

    Looking ahead, Bitget Wallet plans to deepen its collaboration with Mantra through upcoming reward programs designed to encourage user participation in the evolving RWA ecosystem. “As real-world assets move on-chain, wallets become gateways to a new era of finance,” said Alvin Kan, COO of Bitget Wallet. “Our partnership with Mantra accelerates this shift by providing users with direct access to tokenized assets, reshaping how value is stored, transferred, and grown in the digital world.”

    About Bitget Wallet
    Bitget Wallet is the home of Web3, uniting endless possibilities in one non-custodial wallet. With over 60 million users, it offers comprehensive onchain services, including asset management, instant swaps, rewards, staking, trading tools, live market data, a DApp browser, an NFT marketplace and crypto payment. Supporting over 100 blockchains, 20,000+ DApps, and 500,000+ tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges, along with a $300+ million protection fund to ensure safety of users’ assets. Experience Bitget Wallet Lite to start a Web3 journey.
    For more information, visit: XTelegramInstagramYouTubeLinkedInTikTokDiscordFacebook
    For media inquiries, please contact media.web3@bitget.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2b1b3321-b108-40cb-94a7-2d49171cac93

    The MIL Network

  • MIL-OSI Economics: Involmo: BaFin warns about website involmo.com

    Source: Bundesanstalt für Finanzdienstleistungsaufsicht – In English

    The Federal Financial Supervisory Authority (BaFin) warns consumers about the services offered on the website involmo.com. According to information available to BaFin, the operator Involmo is providing financial and investment services on this website without the required authorisation. The operator claims to be licensed in the United Kingdom. This is not the case.

    Anyone providing financial and investment services in Germany may do so only with authorisation from BaFin. However, some companies offer these services without the necessary authorisation. Information on whether a particular company has been granted authorisation by BaFin can be found in BaFin’s database of companies.

    BaFin is issuing this information on the basis of section 37 (4) of the German Banking Act (Kreditwesengesetz – KWG).

    Please be aware:

    BaFin, the German Federal Criminal Police Office (BundeskriminalamtBKA) and the German state criminal police offices (Landeskriminalämter) recommend that consumers seeking to invest money online should exercise the utmost caution and do the necessary research beforehand in order to identify fraud attempts at an early stage.

    MIL OSI Economics

  • MIL-OSI Europe: Romanian firms as likely as others in EU to tackle impacts of weather and reduce carbon emissions, EIB Investment Survey shows

    Source: European Investment Bank

    • Around three in 10 Romanian firms reported innovation activity, in line with EU average.
    • Romanian businesses are also on par with other EU-based companies in use of digital technologies.
    • Romanian firms perform better than counterparts elsewhere in EU in gender balance

    Most Romanian firms – 90% – have acted to reduce greenhouse gas emissions, in line with companies elsewhere in Europe, according to a European Investment Bank (EIB) Group survey. Companies in Romania have taken steps such as curbing waste, recycling, saving energy and embracing cleaner technologies, new country results from the EIB Group Investment Survey (EIBIS) show.

    Romanian firms are more likely than other EU-based businesses to have limited waste, recycled and invested in less-polluting technologies but less likely to have pursued energy efficiency, according to the national data.

    EIBIS is an annual report based on polling of approximately 13,000 firms in all EU Member States plus a sample from the United States. Its main results were released in October 2024, showing that EU businesses lead way in investments in climate mitigation and adaptation.

    The detailed country reports for individual member states were released today. Key takeaways for Romania include:

    • Investments stand at 27% above pre-pandemic levels.
    • The share of investing firms is 70%, below an EU average of 87%.
    • The share of innovative firms in Romanian is like the EU average, with three in ten reporting innovation activity.
    • Uncertainty about the future, energy costs and an insufficiency of skilled staff remain key concerns for businesses in Romania.

    “Romanian businesses are demonstrating resilience and optimism, even amid global economic uncertainties,” said EIB Vice-President Ioannis Tsakiris. “The EIB Group remains committed to supporting the country’s investment ambitions, ensuring that local businesses on the ground in Romania have access to the financing they need to thrive in a competitive global landscape.”

    The full country report about Romania is available here.

    Survey results feed into the annual Investment Report, the flagship publication of the EIB Group’s Economics Department, gauging the investment outlook for Europe’s economy. The next Investment Report will be released on 5 March 2025 during the annual EIB Group Forum in Luxembourg.

    The annual Forum brings together key stakeholders from the government, business and finance domains to exchange views on investment priorities that support Europe’s policies, including industrial decarbonisation, artificial intelligence, the Capital Markets Union, security, housing and EU enlargement. The theme of this year’s event is Investing in a more sustainable and secure Europe.

    Background information

    The European Investment Bank (ElB) is the long-term lending institution of the European Union, owned by its Member States. Built around eight core priorities, we finance investments that contribute to EU policy objectives by bolstering climate action and the environment, digitalisation and technological innovation, security and defence, cohesion, agriculture and bioeconomy, social infrastructure, the capital markets union, and a stronger Europe in a more peaceful and prosperous world. 

    The EIB Group, which also includes the European Investment Fund (EIF), signed nearly €89 billion in new financing for over 900 high-impact projects in 2024, boosting Europe’s competitiveness and security.   

    MIL OSI Europe News

  • MIL-OSI Europe: Slovenian businesses among EU’s climate-action leaders, EIB Investment survey shows

    Source: European Investment Bank

    • Almost all companies in Slovenia 97% have taken steps to cut emissions, according to annual survey commissioned by EIB.
    • Share of Slovenian businesses moving to reduce carbon footprint is second highest in EU.
    • Slovenian firms also have done more than most in EU in embracing digital technologies.

    Nearly all Slovenian companies – 97% – have taken steps to reduce greenhouse gas emissions, the second-highest share in Europe behind only Finland, according to a European Investment Bank (EIB) Group survey. In addition, four in five Slovenian businesses have embraced advanced digital technologies compared with a European Union average of 74%, new country results from the EIB Group Investment Survey (EIBIS) show.

    EIBIS is an annual report based on polling of approximately 13,000 firms in all EU Member States plus a sample from the United States. Its main results were released in October 2024, showing that EU businesses lead the way in investments in climate mitigation and adaptation.

    The detailed reports for individual EU countries were published today. Key takeaways for Slovenia include:

    • The share of Slovenian companies that have moved to reduce greenhouse gas emissions trails only Finland’s 99% in the EU, where the average is 91%.
    • Slovenian businesses are more likely than counterparts elsewhere in the EU to invest in less-polluting technologies and sustainable practices.
    • Slovenian firms are more likely than EU firms to have adopted automation via robotics, Internet of Things and big data/AI.
    • Green strategies by firms in Slovenia include saving energy, curbing waste and recycling.
    • Regarding investment barriers, Slovenian companies express concerns about political, regulatory and economic factors and an insufficiency of skilled staff is the most common obstacle cited.

    “Slovenian firms are leading the way in green and digital investments, showing strong commitment to sustainability and innovation,” said EIB Vice-President Kyriacos Kakouris. “However, challenges such as regulatory uncertainty and workforce availability must be addressed to unlock further growth. The EIB Group is committed to continue supporting Slovenian businesses to overcome these challenges and boost their competitiveness.” 

    The full country report about Slovenia is available here.

    Survey results feed into the annual Investment Report, the flagship publication of the EIB Group’s Economics Department, gauging the investment outlook for Europe’s economy. The next Investment Report will be released on 5 March 2025 during the annual EIB Group Forum in Luxembourg.  

    The annual Forum brings together key stakeholders from the government, business and finance domains to exchange views on investment priorities that support Europe’s policies, including industrial decarbonisation, artificial intelligence, the Capital Markets Union, security, housing and EU enlargement. The theme of this year’s event is Investing in a more sustainable and secure Europe

    Background information

    The European Investment Bank (ElB) is the long-term lending institution of the European Union, owned by its Member States. Built around eight core priorities, we finance investments that contribute to EU policy objectives by bolstering climate action and the environment, digitalisation and technological innovation, security and defence, cohesion, agriculture and bioeconomy, social infrastructure, the capital markets union, and a stronger Europe in a more peaceful and prosperous world.  

    The EIB Group, which also includes the European Investment Fund (EIF), signed nearly €89 billion in new financing for over 900 high-impact projects in 2024, boosting Europe’s competitiveness and security.   

    MIL OSI Europe News

  • MIL-OSI Europe: Briefing – Circularity requirements for vehicle design and management of end-of-life vehicles – 12-02-2025

    Source: European Parliament

    The EU’s automotive sector is resource-intensive. There are 286 million motor vehicles on the road in the EU, and every year around 6.5 million vehicles become waste. If improperly managed, these vehicles may cause environmental damage and the economy may lose millions of tonnes of materials. In July 2023, the European Commission presented a proposal for a regulation addressing the whole life cycle of vehicles, from design to end-of-life, aimed at improving design and end-of-life management of vehicles for a more resource-efficient automotive sector. It would set circularity requirements on vehicle design and production concerning reusability, recyclability, recoverability and the use of recycled content. It would also lay down requirements on information and labelling of parts, components and materials in vehicles. In addition, the proposed regulation would establish requirements on extended producer responsibility, collection and treatment of end-of-life vehicles, and on the export of used vehicles from the EU to third countries. The proposal is now in the hands of the co-legislators. In the European Parliament, the Committees on Environment, Public Health and Food Safety (ENVI) and Internal Market and Consumer Protection (IMCO) are jointly responsible for the file. The joint committee vote is scheduled for June 2025. Second edition. The ‘EU Legislation in Progress’ briefings are updated at key stages throughout the legislative procedure.

    MIL OSI Europe News

  • MIL-OSI Europe: EIB Investment Survey shows Belgium investments have returned above pre-COVID levels.

    Source: European Investment Bank

    • Investments in Belgium last year were 4% higher than pre-COVID levels.
    • Businesses in Belgium are ahead of overall European levels in terms of innovation and adoption of advanced digital technologies.
    • Share of Belgian firms prioritising development or introduction of new products and services is far above the bloc’s average.

    A very high percentage of Belgian firms (90%) reported having adopted digital technologies, the second highest percentage of all EU-countries and far above the bloc’s average, according to the European Investment Bank (EIB) Group Investment Survey country results released today. The survey results for Belgium also show that Belgian businesses are far ahead in using Internet of Things (IoT) in their firms. In this field Belgium is far ahead of other EU countries, with an adoption rate of around 65%.

    The EIB Group Investment Survey (EIBIS), is an annual report based on polling of approximately 13,000 firms across all EU member states, with an additional sample from the United States. Its main results were released in October, showing that EU businesses lead way in investments in climate mitigation and adaptation.

    The detailed country reports for individual member states are released today

     When it comes to Belgium, key takeaways include:

    • Together with the Netherlands, Belgium leads the way in terms of the share of businesses’ investments devoted to intangible assets like software, data and website activities.
    • Belgium shows a strong focus on investments in new products and services (39% vs. EU average of 25%).
    • Around six out of every ten Belgian businesses (58%) invested in energy efficiency improvements.

    “European companies are making significant progress in tackling climate change and embracing digital transformation across the board,” remarked EIB Chief Economist Debora Revoltella. “However, enhancing EU investment necessitates a more cohesive and integrated single market.”

    The full country report about Belgium is available here.

    Survey results feed into the annual Investment Report, the flagship publication of the EIB Group’s Economics Department, gauging the investment outlook for Europe’s economy. The next Investment Report will be released on 5 March 2025 during the annual EIB Group Forum in Luxembourg.  

    The annual Forum brings together key stakeholders from the government, business and finance domains to exchange views on investment priorities that support Europe’s policies, including industrial decarbonization, artificial intelligence, the Capital Markets Union, security, housing and EU enlargement. The theme of this year’s event is Investing in a more sustainable and secure Europe

    Background information

    The European Investment Bank (ElB) is the long-term lending institution of the European Union, owned by its Member States. Built around eight core priorities, we finance investments that contribute to EU policy objectives by bolstering climate action and the environment, digitalisation and technological innovation, security and defence, cohesion, agriculture and bioeconomy, social infrastructure, the capital markets union, and a stronger Europe in a more peaceful and prosperous world. 

    The EIB Group, which also includes the European Investment Fund (EIF), signed nearly €89 billion in new financing for over 900 high-impact projects in 2024, boosting Europe’s competitiveness and security.  

    In 2024, the EIB Group reached a funding volume of just over €2 billion in Belgium, focusing on energy, innovation, SMEs and climate.

    MIL OSI Europe News

  • MIL-OSI Europe: EIB Investment Survey 2024: Investment in Portugal remains strong, yet companies face regulatory and financial challenges above the EU average

    Source: European Investment Bank

    • Investment in Portugal continues to grow, standing 14% above pre-pandemic levels.
    • Compliance with new regulations and logistical challenges are the main barriers to business activity.
    • Financial constraints are increasing, with more Portuguese companies facing financing restrictions above the EU average.
    • Regulation and bureaucracy hinder investment, posing greater obstacles in Portugal than in the rest of Europe.

    Investment in Portugal is nearly 14% above pre-pandemic levels in real terms, continuing to grow despite some volatility in the first half of 2024. The percentage of companies planning to increase investment remains stable (20%) and above the EU average.

    The EIB Group Investment Survey (EIBIS), is an annual report based on polling of approximately 13,000 companies across all EU member states, with an additional sample from the United States. Its main results released in October, indicate, among other findings, that many businesses in EU remain optimistic about investment over the past three years.

    The detailed country reports are available today, with key takeaways for Portugal including:

    • Regulatory and logistical challenges weigh on Portuguese businesses – Compliance with new regulations, standards, and certifications, as well as logistical challenges, are the main obstacles to business activity. Compared to EU companies, Portuguese businesses express greater concern over access to raw materials and components.
    • Financial constraints are increasing and exceed the EU average – The percentage of Portuguese companies struggling to access financing has risen significantly and is now above the European average, due to loan rejections, difficulties in securing sufficient financing, and high credit costs.
    • Key barriers to investment – Portuguese companies identify the main obstacles to expansion as uncertainty about the future, lack of skilled labor, regulation, and energy costs. Bureaucracy and business regulations remain more significant challenges in Portugal than in the rest of the EU.

    “Portugal’s strong investment performance, despite financial and regulatory pressures, demonstrates the resilience of its businesses”, said EIB Chief Economist Debora Revoltella. “While compliance costs, bureaucracy, and financing difficulties remain key challenges, Portuguese companies continue to adapt and innovate. As the EU bank, the EIB will continue to support investments that enhance resilience, sustainability, and long-term growth.”

    The full country report about Portugal is available here.

    Survey results feed into the annual Investment Report, the flagship publication of the EIB Group’s Economics Department, gauging the investment outlook for Europe’s economy. The next Investment Report will be released on 5 March 2025 during the annual EIB Group Forum in Luxembourg. 

    The annual Forum brings together key stakeholders from the government, business and finance domains to exchange views on investment priorities that support Europe’s policies, including industrial decarbonisation, artificial intelligence, the Capital Markets Union, security, housing and EU enlargement. The theme of this year’s event is Investing in a more sustainable and secure Europe.

    Background information

    The European Investment Bank (ElB) is the long-term lending institution of the European Union, owned by its Member States. Built around eight core priorities, we finance investments that contribute to EU policy objectives by bolstering climate action and the environment, digitalisation and technological innovation, security and defence, cohesion, agriculture and bioeconomy, social infrastructure, the capital markets union, and a stronger Europe in a more peaceful and prosperous world. 

    The EIB Group, which also includes the European Investment Fund (EIF), signed nearly €89 billion in new financing for over 900 high-impact projects in 2024, boosting Europe’s competitiveness and security.   

    In 2024, the EIB Group reached a funding volume of €2.1 billion in Portugal, focusing on energy transition and support for SMEs and midcaps, the backbone of the Portuguese economy.

    MIL OSI Europe News

  • MIL-OSI Europe: Most Estonian businesses have taken steps to reduce emissions, EIB Investment Survey shows

    Source: European Investment Bank

    • Vast majority of Estonian firms has acted to reduce greenhouse gas emissions, aligning with efforts across the EU.
    • Estonian businesses are generally satisfied with their investment levels over the past three years.
    • Uncertainty about the future, insufficiency of skilled staff and energy costs are top three investment obstacles for companies in Estonia.

    Almost nine in 10 Estonian firms – 87% – have acted to reduce greenhouse gas emissions, in line with a 91% average in Europe, according to a European Investment Bank (EIB) Group survey. Estonian businesses are more likely than companies elsewhere in the European Union to promote cleaner technologies and business areas while being less likely to focus on energy efficiency, new country results from the EIB Group Investment Survey (EIBIS) show.

    EIBIS is an annual report based on polling of approximately 13,000 firms across all EU Member States plus a sample from the United States. Its main results were released in October 2024, showing that EU businesses lead way in investments in climate mitigation and adaptation.

    The detailed reports for individual EU countries were published today. Key takeaways for Estonia include:

    • Most Estonian firms –  73% – are satisfied with their investment levels over the past three years.
    • The business environment remains a concern for Estonia-based companies, with uncertainty about the future, an insufficiency of skilled staff and energy costs being the top three investment obstacles.
    • Compared with the EU average, Estonia has a higher share of companies with 40% or more women in senior management and a similar share where 50% or more of the company owners are women.
    • Almost three-quarters of Estonian firms – 74% – are integrated into global trade compared with an average in the EU of 63%.

    “Estonian firms are demonstrating a strong commitment to sustainability by taking actions to reduce greenhouse gas emissions,” said EIB Vice-President Thomas Östros. “Their investments in new, less-polluting technologies highlight Estonia’s proactive approach to addressing climate change and fostering green growth.”

    The full country report about Estonia is available here .

    Survey results feed into the annual Investment Report, the flagship publication of the EIB Group’s Economics Department, gauging the investment outlook for Europe’s economy. The next Investment Report will be released on 5 March 2025 during the annual EIB Group Forum in Luxembourg.  

    The annual Forum brings together key stakeholders from the government, business and finance domains to exchange views on investment priorities that support Europe’s policies, including industrial decarbonisation, artificial intelligence, the Capital Markets Union, security, housing and EU enlargement. The theme of this year’s event is Investing in a more sustainable and secure Europe

    Background information

    The European Investment Bank (ElB) is the long-term lending institution of the European Union, owned by its Member States. Built around eight core priorities, we finance investments that contribute to EU policy objectives by bolstering climate action and the environment, digitalisation and technological innovation, security and defence, cohesion, agriculture and bioeconomy, social infrastructure, the capital markets union, and a stronger Europe in a more peaceful and prosperous world.  

    The EIB Group, which also includes the European Investment Fund (EIF), signed nearly €89 billion in new financing for over 900 high-impact projects in 2024, boosting Europe’s competitiveness and security.    

    In 2024, Estonia received €498 million in financing from the EIB Group, fuelling business innovation and green growth.

    MIL OSI Europe News

  • MIL-OSI Russia: Tatyana Golikova: All-Russian Occupational Safety Week 2025 will be held from September 15 to 18 at Sirius

    Translartion. Region: Russians Fedetion –

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    Previous news Next news

    Tatyana Golikova held a meeting of the organizing committee for the preparation and holding of the 10th All-Russian Occupational Safety and Health Week (VNOT-2025) in 2025. On the left is the Minister of Labor and Social Protection Anton Kotyakov

    The 10th All-Russian Occupational Safety Week will be held from September 15 to 18, 2025, in Sirius. This decision was made at a meeting of the organizing committee for the preparation and holding of the 10th All-Russian Occupational Safety Week (VNOT-2025) in 2025, which was chaired by Deputy Prime Minister Tatyana Golikova.

    The following took part in the work of the organizing committee: Advisor to the President of Russia Anton Kobyakov, Minister of Labor Anton Kotyakov, Head of the Federal Medical and Biological Agency Veronika Skvortsova, President of the Russian Union of Industrialists and Entrepreneurs Alexander Shokhin, as well as representatives of the Administration of the President of Russia, the Government of Russia, federal and regional ministries and departments, the Roscongress Foundation, Rostec, Rosatom, Gazprom, the FNPR and the Russian Union of Industrialists and Entrepreneurs.

    As noted by Deputy Prime Minister, Chairperson of the Organizing Committee for the All-Russian Week of Labor Protection Tatyana Golikova, the All-Russian Week of Labor Protection plays a vital role in drawing attention to modern challenges in the social and labor sphere and popularizing safety at work. Within the framework of the All-Russian Week of Labor Protection, specialists in the field of labor protection and industrial safety have the opportunity to exchange best practices in promising solutions, new technologies and developments aimed at preserving the life and health of workers. “In today’s conditions, when we feel a shortage of labor, we began to implement the national project “Personnel” from January 1, 2025, we are rebooting the education system so that it corresponds to the training of personnel that the economy needs, labor protection issues are becoming one of the most important. Therefore, holding the All-Russian Week of Labor Protection is more relevant than ever. In 2025, the anniversary 10th All-Russian Week of Labor Protection will be held from September 15 to 18 in the federal territory “Sirius”. At the same time, the scale of this event is expanding every year, and this year it is also planned to hold satellite events in St. Petersburg and Krasnoyarsk,” said Tatyana Golikova.

    Adviser to the President of Russia Anton Kobyakov noted in his speech that the agenda of the event is becoming more ambitious every year and raises issues not only of labor protection, but also of a broad range of social security issues for citizens. “Over the years of its existence, the All-Russian Labor Protection Week has evolved from a conference into the country’s main forum on social protection, labor protection, industrial safety and other issues of supporting working people. The agenda of the Week is becoming more ambitious every year, and its international component is growing from year to year. About 10 thousand participants are expected at the anniversary forum, and it is planned to increase the number of foreign guests, manufacturing, consulting companies and participants in the exhibition of personal protective equipment manufacturers. It is also proposed to supplement the VNOT program with international format events with friendly countries, including BRICS countries. In addition, in the year of the 80th anniversary of Victory in the Great Patriotic War, its special role will be reflected in the VNOT-2025 program and at the forum site,” Anton Kobyakov emphasized.

    The main strategic theme of the VNOT 2025 business program will be “Population conservation – a guarantee of sustainable development”.

    “In 2025, the All-Russian Occupational Safety Week celebrates its anniversary – 10 years since the first event. During this time, the forum has become an integral part of the personnel agenda, and has taken its rightful place among the key business events of the country. One of the most important goals of the national development of the Russian Federation for the period up to 2030 and for the future up to 2036 is to preserve the population, meet the needs of the labor market, as well as realize the potential of each person and develop their talents. Taking this into account, the theme of VNOT-2025 will be “Population conservation – a guarantee of sustainable development”. The program of the event is expanding annually, new interesting tracks appear. Within the framework of VNOT-2025, work will continue on the international track, including in terms of the labor protection network of the BRICS countries,” said Anton Kotyakov, head of the Ministry of Labor.

    Also, on the sidelines of the All-Russian National Exhibition of Labour and Employment, a meeting of the Advisory Council on Labour, Employment and Social Protection of the Population of the Member States of the Commonwealth of Independent States will traditionally be held.

    At the anniversary VNOT, the exhibition exposition will be expanded: stands will be added dedicated to industrial robotics and the development of innovations in the field of safe work in production. Particular attention will be paid to the rehabilitation and restoration of workers’ health, as well as the adaptation and employment of veterans of the SVO.

    With the support of Delovaya Rossiya and Opora Rossii, it is planned to create and launch a special track of the business program of the All-Russian Occupational Safety Week, aimed at small and medium-sized businesses.

    Traditionally, the VNOT-2025 will include a Youth Day with the participation of HR specialists from the largest enterprises, and the results of the professional excellence competition in the field of social services and labor protection competitions will be summed up. Satellite events of the VNOT-2025 will be held in April in St. Petersburg and in June in Krasnoyarsk.

    The organizer of the All-Russian Occupational Safety Week is the Ministry of Labor and Social Protection, the operator is the Roscongress Foundation. Last year, VNOT was held from September 10 to 13 in Sirius. Official website of VNOT: HTTP: // Rruusafetesk.kom.

    The key topic of the plenary session in 2024 is the formation of a culture of safe work. Traditionally, the VNOT platform hosted conferences, round tables, all-Russian industry seminars and meetings and international meetings, including a meeting of the BRICS Ministers of Labor and Employment. The business program, which consisted of more than 150 events, was attended by more than 8 thousand people from 89 regions of Russia and 27 countries, 200 foreign delegates and representatives of more than 1.7 thousand companies.

    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 United Nations: WRRC Webinar: Unlocking Financial Potential: Scalable Solutions for Resilient Recovery

    Source: UNISDR Disaster Risk Reduction

    Venue

    Online participation via Zoom

    This session aims to recognize the main barriers and potential solutions to that countries and international organizations face in terms of design and implementation of recovery finance strategies. Real cases will help showcase actionable solutions that can be applied by governments, the private sector and community organizations to achieve more inclusive and comprehensive financial coverage for recovery efforts.

    This webinar is jointly organized by the Asian Development Bank (ADB), the Development Bank of Latin America and the Caribbean (CAF), the United Nations Capital Development Fund (UNCDF), and the United Nations University – Institute for Environment and Human Security (UNU-EHS).

    Objectives

    The session will serve as a precursor to the technical session at the World Resilient Recovery Conference (WRRC), gathering feedback on key recovery finance topics and elements identified. It will explore the challenges countries face when tackling finance recovery readiness, identifying key barriers to effective recovery. It will share successful strategies and tools for financing recovery processes. Interested stakeholders will be engaged in the WRRC, fostering collaboration and broadening participation. Groundwork will be conducted for ensuring meaningful discussions at the WRRC, setting the foundation for impactful conversations moving forward.

    The webinar further aims to:

    1. Highlight the role of different finance recovery stakeholders.
    2. Highlight key challenges and lessons learned from past disasters.
    3. Formulate concrete challenges countries and international partners face in recovery financing.
    4. Set the stage for in-depth discussions at the WRRC technical session.

    How to register:

    Online (Zoom), 15 April, 2-3.30 pm CET:

     

    MIL OSI United Nations News

  • MIL-OSI United Nations: WRRC Webinar: Driving Resilience: The Critical Role of Private Sector’s Readiness for Recovery

    Source: UNISDR Disaster Risk Reduction

    Venue

    Online participation via Zoom

    This webinar aims to address the critical role of private sector resilience in disaster recovery, highlighting the economic and social impacts of disasters on business operations. The session will explore lessons from past disasters, the links between climate change and operational resilience, and public-private collaboration in building resilience. Through expert insights and interactive discussions, it will highlight practical strategies for disaster adaptation and recovery, featuring contributions from key resilience networks. The discussion will also initiate dialogue on principles for private sector engagement in Disaster Risk Management (DRM) and emergency response, assessing their business case and gathering stakeholder feedback. Participants will gain actionable insights to strengthen organizational resilience and contribute to shaping emerging guidelines for private sector involvement in DRM.

    This webinar is co-organized by the Corporate Chief Resilience Officers (CCRO) Network, ARISE Private Sector Alliance for Disaster Resilient Societies, Asian Disaster Preparedness Center (ADPC), and the United Nations Office for Disaster Risk Reduction (UNDRR).

    Background

    Disasters disrupt communities and private sector operations, which form the backbone of economies and livelihoods. With businesses accounting for 70-80% of economic activity in most countries, their resilience is vital for recovery and stability. However, disasters often expose weaknesses in operational readiness, leading to financial losses, supply chain disruptions and prolonged recovery periods, affecting both businesses and national economies.

    Recent events such as Hurricane Katrina, the 2011 Great East Japan Earthquake, and the COVID-19 pandemic have demonstrated the severe impact disasters can have on private sector continuity. Climate change further intensifies these risks, with rising sea levels, extreme weather and resource scarcity threatening business sustainability, particularly in vulnerable regions. Strengthening private sector preparedness is essential to mitigate these cascading effects and ensure resilient recovery.

    Objectives

    This webinar will serve as a precursor to the technical session at the World Resilient Recovery Conference (WRRC), focusing on enhancing the operational readiness of private sector actors for resilient recovery. It will explore key challenges and data gaps related to private sector resilience, including operational continuity, financial preparedness, climate change impacts, and public-private collaboration. It will identify good practices for business resilience, outline potential strategies to address these challenges, and highlight areas for further discussion at the WRRC Technical Session. The session will also emphasize enhanced collaboration between businesses, governments, NGOs, and financial institutions to foster resilience and drive sustainable recovery efforts.

    The session further aims to:

    1. To synthesize good practices in operational readiness across diverse business scales, from large corporations to MSMEs, drawing on case studies and lessons learned from past events.
    2. To discuss a framework for climate-resilient business operations, examining the unique challenges posed by increasingly frequent and severe climate-driven disasters.
    3. To forge consensus on a standardized framework for declaring public-private partnerships in disaster resilience, identifying concrete opportunities to enhance collaboration in preparedness and recovery efforts in alignment with Sendai Framework Priority 4.  

    How to register:

    Online (Zoom) 10 April, 2-3.30 pm CET:

    MIL OSI United Nations News

  • MIL-OSI Asia-Pac: LCQ4: Ten-year Hospital Development Plan

    Source: Hong Kong Government special administrative region

    LCQ4: Ten-year Hospital Development Plan
    LCQ4: Ten-year Hospital Development Plan
    ****************************************

         Following is a question by the Hon Tony Tse and a reply by the Secretary for Health, Professor Lo Chung-mau, in the Legislative Council today (February 12): Question:      The Government has implemented the first 10-year Hospital Development Plan (HDP) since 2016, setting aside $200 billion for the construction, redevelopment and expansion of a number of hospitals and the provision of other healthcare facilities. In 2018, the Government invited the Hospital Authority to commence planning for the second 10-year HDP, which is expected to cover 19 projects involving about $270 billion. In this connection, will the Government inform this Council: (1) of the implementation of the first 10-year HDP, the estimated final expenditure, the additional annual recurrent expenditure involved and the assessment of the effectiveness of HDP; (2) of the planning for the second 10-year HDP, the projects to be covered and the expenditure (including recurrent and non-recurrent expenditures) to be involved; and (3) whether the formulation of the second 10-year HDP has taken into account circumstances and development trends emerged in recent years, including: the latest projections on the population and the supply and demand of healthcare manpower; the community’s greater emphasis on mental health, Chinese medicine and Chinese-‍Western medicine collaboration (especially for cancer treatment); the public’s demand for public dental services; the Government’s more proactive promotion of preventive and primary healthcare services; the continuous improvement in the quality of Mainland’s healthcare services and their enhanced accessibility to the Hong Kong public; the increasing number of Hong Kong people who are willing to go north for medical treatment and age in the Mainland; as well as the financial positions of the Government and Hospital Authority? Reply: President,      Having consulted the Hospital Authority (HA), my consolidated reply to the question raised by the Hon Tony Tse is as follows: (1) In 2016, the Government and the HA commenced the implementation of the First Hospital Development Plan (HDP) with $200 billion set aside for a total of 16 projects, covering the redevelopment and expansion of 11 hospitals, the construction of a new acute hospital, three community health centres and one supporting services centre.      Up till now, 14 out of those 16 projects have been upgraded to Category A with a total commitment of about $186,339 million (in money-of-the-day prices). Approval for upgrading the remaining health centre and community health centre building projects to Category A will also be sought later. Upon completion of the First HDP, it is anticipated that a total of about 2.2 million square metre of additional construction floor area, including an addition of 6 557 bed spaces (Note) and 94 operating theatres, will be provided for the whole public healthcare system. It is also anticipated that the total number of public hospital bed spaces under the HA will increase from about 30 000 in March 2022 to about 35 000 in 2031, while that of operating theatres from about 250 to about 350. Meanwhile, there will be more room for increasing service quotas of specialist and general out-patient clinics.      Among the projects, the new Phase 1 Building of the redevelopment project of Kwong Wah Hospital (KWH) was completed in late 2022, providing a construction floor area of about 145 000 square metre. As compared to the old KWH, four operating theatres, one cardiac catheterisation room, four endoscopy rooms, one magnetic resonance imaging room and a one-stop ambulatory care centre are provided additionally. For the new Accident and Emergency (A&E) Department, which is approximately three times the size of the old one, it has an additional Emergency Medicine Ward with 40 beds, isolation areas for infection control and other supporting facilities. With the commissioning of the new A&E department, the average waiting time for patients who, after treatment at the A&E department of KWH, need to wait before being admitted to the hospital has dropped by 24 per cent in the previous two quarters (i.e. the third and fourth quarters of 2024) as compared with the same period in 2023. Besides, upon the full operation of the North District Community Health Centre Building following its completion in the end of 2024, it is estimated that the total number of attendances of the general out-patient and family medicine specialist clinics of the North District Family Medicine Centre will increase by approximately 143 000 and 44 000 respectively.      Some capital works projects under the First HDP involve in-situ redevelopment. Taking the expansion of United Christian Hospital as an example, certain facilities have to be temporarily closed or adjusted and workspace is limited, with clinical services being maintained under limitations. The Health Bureau (HHB) and the HA would like to express their gratitude towards all healthcare staff for their patient-oriented spirit and standing fast at their posts to provide high-quality services under such conditions during the construction period, as well as towards the public for their understanding of the importance of the construction works in improving healthcare services and their patience towards the inconveniences arising from the construction works.      Since some of the projects under the First HDP remain underway while some other are pending commencement, there is currently no complete information on its final expenditure and evaluation of its effectiveness. As for the operating expenses of the new hospitals, they will be covered by the subvention allocated by the Government to the HA. The HA will enhance and provide additional services and make good use of the recurrent provision from the Government having considered the growth of service demands of clusters, the scale, progress and plans of various hospital redevelopment and expansion projects. The Government also reviews and administers the subvention to the HA in accordance with the prevailing mechanisms. (2) and (3) The Government announced under the 2018 Policy Address and set out in the 2018-19, 2019-20 and 2020-21 Budgets that it has invited the HA to commence planning for the Second HDP. The preliminary idea of the projects under the Second HDP was presented by the then Food and Health Bureau (FHB) to the Legislative Council (LegCo) Panel on Health Services in April 2019. The preliminary planning idea back then, which was based on the 2014-based Territorial Population and Employment Data Matrix compiled by the Planning Department and population projections by the Census and Statistics Department up to 2031, was to implement the Second HDP within ten years from 2026 to 2035 to meet the projected service demand up to 2036. A total of 19 projects were covered in the plan back then with an aim to provide over 9 000 additional beds and other necessary healthcare facilities.      With the changes in the population structure, planning and development situation of Hong Kong, the HHB and the HA are currently reviewing the Second HDP. Amongst others, in view of the territory-wide and regional planning and development strategies as announced by the Planning Department, including the “Hong Kong 2030+: Towards a Planning Vision and Strategy Transcending 2030” and the Northern Metropolis Development Strategy, the corresponding population projections of Hong Kong including the latest changes in overall population, its distribution and demographics, as well as the population policy and talent attraction initiatives of the Government and more, the HHB and the HA have to adopt a planning horizon of up to 2040 and beyond for the Second HDP, and to project healthcare service demand and consider the supply and conditions of the land required, thereby optimising the Second HDP.      The Government also considers factors such as the needs for and cost-effectiveness of renovation, refurbishment, redevelopment or addition of facilities for individual hospitals, and the convenience of public access to healthcare services under various major transport infrastructure development plans for determining the distribution, scale and priority, etc. of various hospital development projects under the Second HDP. Upon completion of the review, the Government will announce the revision details of the Second HDP in due course. In the course of planning, the HA will forecast future service demand and corresponding healthcare manpower requirements and make corresponding assessments and planning, with a view to flexibly deploying manpower and recruiting additional staff during the commissioning of new hospital facilities and phased introduction of services.      In planning and implementing the Second HDP, the HA will proactively tie the projects in with the policy initiatives of the Government, especially those for healthcare reform, including the development of primary healthcare services, mental health services, and Chinese medicine services, integrated Chinese-Western Medicine, the third medical school and development into an international health and medical innovation hub, while providing better healthcare services to the public by reserving spaces in newly built hospital facilities to facilitate the development of various services, increasing resources as appropriate and optimising services. As for the use of healthcare services provided in the Mainland by Hong Kong citizens, the HHB has a strong determination to enhance local healthcare and shoulder the primary responsibility for the health of all citizens, while offering convenience to Hong Kong citizens across the boundary and closely monitoring the needs for cross-boundary healthcare services and the progress of the healthcare collaboration initiatives in the Guangdong-Hong Kong-Macao Greater Bay Area under the principles of complementarity and mutual benefits.      Thank you, President. Note: The figures include the additional beds at Kai Tak New Acute Hospital, which are provided for the relocation of the services from Queen Elizabeth Hospital (QEH). Currently, QEH has around 1 940 beds and the reprovisioning of these beds will depend on the reallocation or redevelopment plan of its vacated buildings after its service relocation.

     
    Ends/Wednesday, February 12, 2025Issued at HKT 19:15

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: LCQ16: Tobacco duty

    Source: Hong Kong Government special administrative region

         Following is a question by the Hon Shiu Ka-fai and a written reply by the Secretary for Health, Professor Lo Chung-mau, in the Legislative Council today (February 12):     Question:     It has been reported that smoking prevalence has been reduced slightly from 9.5 per cent to 9.1 per cent, following the Government’s measures to increase tobacco duty by 31.48 per cent and 31.92 per cent in 2023 and last year respectively. Some members of the community have pointed out that while an increase in tobacco duty by more than 30 per cent should have brought substantially more tax revenue since there has not been any significant decrease in the number of smokers, the revenue from tobacco duty dropped from $7.93 billion before the duty increase in 2022-2023 to $7.25 billion afterwards in 2023-2024, and the tax revenue reduced even more significantly last year after the Government drastically increased tobacco duty again. In this connection, will the Government inform this Council:     (1) of the monthly revenue from tobacco duty in the past three years (set out in the table below);(2) whether it has examined the reasons for reduction in the Government’s revenue from tobacco duty; whether it has assessed (i) the amount of revenue from tobacco duty reduced each year as a result of the increase in tobacco duty in 2023 and last year, and (ii) how much of such amount may be channelled to the market of illicit cigarettes; if it has assessed, of the details; if it has not assessed, the reasons for that;(3) of the number of illicit cigarettes seized, the market value of such illicit cigarettes and the number of persons arrested in each month of the past three years;(4) of the respective numbers of persons prosecuted by the Government for (i) trafficking and (ii) purchasing illicit cigarettes, as well as the penalties imposed on the convicted persons, in each of the past three years; and(5) whether it will consider restoring the tobacco duty rate to the level prior to the duty increase last year, with a view to bringing the revenue from tobacco duty back to the previous level, thereby increasing the Government’s revenue by billions of dollars and at the same time minimising the benefits brought to lawbreakers; if so, of the details; if not, the reasons for that?Reply:President,     Having consulted the Financial Services and the Treasury Bureau and the Customs and Excise Department (C&ED), the consolidated reply to the various parts of the Hon Shiu Ka-fai’s question is as follows.     Hong Kong is facing an ageing population and a continuous rising number of chronic disease patients. Numerous scientific studies have shown that smoking is the most important and preventable risk factor leading to chronic diseases and deaths. According to the estimation of the World Health Organization (WHO), the global economic loss caused by tobacco products amounts to US$1,800 billion annually, and a research of the University of Hong Kong in 2021 also revealed that the economic loss resulting from tobacco-induced health problems was estimated to be about HK$8.2 billion every year. It is therefore beyond doubt that smoking brings harm to the economy. On the contrary, that tobacco control harms the economy is disinformation created by the tobacco companies.     The results of the Thematic Household Survey (THS) on smoking pattern in 2023 conducted by the Census and Statistics Department showed that there are about 580 000 people in Hong Kong who are still daily smokers of conventional cigarettes, and nearly half of them are aged between 40 and 59. Smoking-induced diseases suffered by smokers who continue to smoke will pose a heavy burden on the healthcare system. In order to stop the tobacco hazards, the Government need to curb the use of tobacco and more importantly, prevent the public, especially the younger generation, from picking up smoking habit. Increasing tobacco duty is recognised internationally as the most effective means of reducing tobacco use. Through raising the costs of smoking, it provides a greater incentive for smokers to quit smoking, and dampens the eagerness of non-smokers, the youth in particular, to smoke.     Following an increase of tobacco duty by 60 cents in 2023-24, the Government has raised the tobacco duty by another 80 cents to $3.306 per stick in 2024-25. The measure can ensure that tobacco prices are maintained at a relatively high level which help prevent a rebound in smoking prevalence upon lifting of the mask-wearing requirements after resumption of normalcy after the epidemic, conveying a clear message to the society on the Government’s commitment and determination to safeguard public health through stringent tobacco control measures. The effectiveness of tobacco duty adjustment should be evaluated by whether it can effectively control and reduce the number of smokers, rather than the amount of additional revenue it brings to the Government.      Past experience in increasing tobacco duty indicated that increasing tobacco duty is conducive to reducing smoking prevalence. The greater the tax hike, the greater the drop in smoking prevalence. The number of calls to the Department of Health’s Integrated Smoking Cessation Hotline (Quitline) immediately after the increase in tobacco duty is also a sensitive indicator of smokers’ response (i.e. their intention to quit smoking) to the duty increase. In the first month after the duty increase was announced in the 2023-2024 and 2024-2025 Budget, the number of calls to the Quitline increased by about three times respectively when compared to the monthly number of calls received in the previous three months, reflecting the strong intention of smokers to quit smoking as a result of the duty increase. The number of calls received by the Department of Health’s Quitline increased from about 7 400 in 2022 to about 9 300 in 2024, representing an increase of more than 20 per cent.     The tobacco duty revenue, as well as smoking prevalence/smoking consumption and arrival passengers statistics from 2018 to 2024 are set out at Annex I. As 2020-22 was within the epidemic period, the pre-epidemic situation of 2018-19 is also presented for ease of comparison. The figures revealed that the number of duty-paid cigarettes and tobacco duty revenue in 2024 have decreased by about 39.4 per cent and 23.0 per cent respectively compared with 2023, and by 46.7 per cent and 18.5 per cent respectively when compared with 2019 (i.e. before the epidemic).      Tobacco duty revenue is collected from tobacco products as a dutiable commodity imported into Hong Kong, and therefore the amount of revenue generated is affected by many factors. Apart from the local sales volume of duty-paid tobacco products, it also depends on the commercial decisions of tobacco companies such as pricing strategies, timing of import and quantity, storage capacity of duty-paid tobacco products (there are no relevant figures as the commercial behaviour of tobacco companies is not transparent), as well as tobacco products purchased, by arrival passengers, outside Hong Kong or at duty-free shops at border control points and brought into Hong Kong (whether legally or illegally (Note)). Cross-boundary travel was greatly affected during the epidemic and the public were unable to bring back duty-free cigarettes through border control points. Tobacco duty was about 20 per cent higher than that before the epidemic, indicating that cross-boundary passenger travel has a great impact on tobacco duty. The number of passenger arrivals in 2024 was close to 150 million, which has fully restored to the pre-epidemic level, with the number of passenger arrivals at land boundary control points being close to 125 million exceeding the pre-epidemic level. It is estimated that the tobacco products brought into Hong Kong by inbound passengers will inevitably have a significant impact on tobacco duty revenue.     At the same time, the local sales volume of duty-paid tobacco products is also affected by the smoking population and their average consumption, whereas the increased cost of smoking will reduce the consumption of tobacco products. The WHO pinpoints that every 10 per cent increase in cigarette price will reduce the overall tobacco consumption by four per cent in high-income regions. In aggregate, tobacco duty was raised by 73.5 per cent in 2023 and 2024. Following the increase of tobacco duty in 2023, the THS conducted from May to August in the same year revealed that smoking prevalence dropped from 10.2 per cent in 2019 and 9.5 per cent in 2021 to 9.1 per cent in 2023. The number of smokers is estimated to have decreased by 60 600 or 9.5 per cent. The number of cigarettes consumed by smokers per day also dropped from 12.7 sticks in 2019 and 2021 to 12.1 sticks in 2023, which together represented a 13.8 per cent reduction in tobacco consumption. The Government has further increased tobacco duty in 2024 and the relevant THS will be conducted at a later time. It is expected that the drop in demand for tobacco products would be reflected in the survey results.       On the other hand, illicit cigarettes activities have always existed and the rebound in cross-boundary freight after resumption from the epidemic might also lead to increase in illicit cigarettes activities. That said, industry statistics from international market research companies revealed that the sales of illicit cigarettes in Hong Kong did not show an upward trend. As a matter of fact, both the WHO and the World Bank have pointed out that there is no direct correlation between the increase in tobacco duty and illegal tobacco trade activities. Combatting illicit cigarette trading activities and raising tobacco duty should be regarded as complementary measures. Taking into consideration the above factors, we are of the view that the drop in tobacco duty is attributable to a number of factors. The full effect of tobacco duty in reducing tobacco use is to be ascertained subject to the availability of latest data, and at this stage, we cannot rule out the possibility that some of the revenue from tobacco duty may be lost as a result of illicit cigarettes activities, but there is no evidence to suggest that illicit cigarettes activities are the main cause of the drop in tobacco duty.     In any case, as an important pillar under the tobacco control strategy, the Government will spare no efforts in combatting illicit cigarettes. The C&ED will continue to adopt a multi-pronged approach and take stringent enforcement actions at all levels to combat the sale of illicit cigarettes. The monthly tobacco duty revenue and the relevant enforcement figures against illicit cigarettes (including smuggling, storage and distribution as well as sale) in the past three years are set out at Annex II. The increase in the number of seizures of illicit cigarettes reflects the effectiveness of the C&ED’s stepped-up enforcement actions against illicit cigarettes and the success of its enforcement strategy does not denote an expanding scale of illicit cigarettes activities.     The Government announced the “10 measures for tobacco control” in June last year. Stepping up enforcement against illicit cigarettes was accorded the highest priority among the 10 measures, including – (i) introducing a duty stamp system to distinguish duty-paid cigarettes from non-duty-paid cigarettes;(ii) requiring tobacco products being sold at a price lower than the tobacco duty need to be proved duty-paid;(iii) increasing the maximum penalty for handling, possessing, selling or buying duty-not-paid cigarettes; and (iv) listing the relevant offences under the Organised and Serious Crimes Ordinance (Cap. 455), so as to enable the C&ED to apply for freezing and confiscating illicit proceeds and assets associated with illicit cigarette activities by virtue of the Ordinance.     On duty stamp system, taking into account factors such as enforcement effectiveness and cost-effectiveness, we propose to require the affixing of duty-paid labels on the retail packages of cigarettes at this stage. Through the application of anti-forgery features and related digital technologies, frontline officers of the C&ED would be able to distinguish duty-paid cigarettes from duty-not-paid ones in a more effective manner, thereby enhancing enforcement efficiency. The C&ED expects that a pilot scheme on the duty stamp system will be rolled out in the middle of this year to work out the practical operating requirement of the scheme, which will then be launched next year at the earliest.      The Government expects that the above measures will increase the deterrent effect and enhance the effectiveness of law enforcement departments in combating illicit cigarettes. The Government will continuously review the effect of tobacco control measures as a whole and the pace of future adjustments in tobacco duty. Our ultimate aim is to further lower the smoking prevalence so that the whole society and our healthcare system does not have to pay a heavy price for smoking-related diseases.Note: Under the Dutiable Commodities Ordinance (Cap. 109), a person aged 18 or above may bring into Hong Kong 19 cigarettes duty-free for his own personal use.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: LCQ20: Office of Former Chief Executives

    Source: Hong Kong Government special administrative region

         Following is a question by the Hon Michael Tien and a written reply by the Chief Secretary for Administration, Mr Chan Kwok-ki, in the Legislative Council today (February 12):
     
    Question:
     
         It has been reported that the Office of Former Chief Executives of the Hong Kong Special Administrative Region (the Office) located at Pacific Place in Admiralty will be relocated to the Immigration Tower in Wan Chai upon the expiry of lease. In this connection, will the Government inform this Council:
     
    (1) of the renovation costs involved in setting up the Office at Pacific Place in Admiralty; whether the relocation of the Office away from its present location will involve reinstatement costs; if so, of the estimated relevant expenditures;
     
    (2) of the estimated costs associated with the relocation of the Office and the estimated renovation costs of the new Office respectively;
     
    (3) as the Government announced in the 2017 Policy Address that it planned to reprovision the three government towers at the Wan Chai waterfront, including the Immigration Tower, so as to release the precious land in the Wan Chai district for convention, exhibition and commercial uses, and the Chief Executive indicated last month that the reprovisioning plan would be implemented as scheduled, whether the Government will, in the light of the prevailing economic environment, utilise the relevant sites for the more important use of promoting economic recovery; if so, of the progress and timetable of the relevant plan; and
     
    (4) whether it has assessed if the Office will need to be relocated again after it has been relocated to the Immigration Tower in Wan Chai in the light of the commencement of the reprovisioning plan mentioned in (3); if it has assessed and the result is in the affirmative, whether the Government will consider a longer-term option, so as to avoid wasting public money?
     
    Reply:
     
    President,
     
         The reply to the question raised by the Hon Michael Tien is as follows:
     
     (1), (2) and (4) As the Office of Former Chief Executives (FCEO) of the Hong Kong Special Administrative Region (HKSAR) at 28 Kennedy Road can only accommodate three former Chief Executives (former CEs) at most, and there was no suitable and available government premises at the time, a leasable office unit was thus identified at Pacific Place as office for the fourth former CE for a tenancy period of three years starting from May 2022. The renovation works was carried out by the Architectural Services Department at a cost of about $6.55 million, funded under Subhead 3101GX of Head 703 – Buildings.
     
         The tenancy of the office will expire in May this year. The Government had liaised with the landlord who agreed to take over the office in an as-is condition and no reinstatement works will be required. The Government plans to relocate the office to 23/F, Immigration Tower in Wan Chai for continuous operation. The renovation works is in progress and the estimated renovation cost is around $2.8 million.
     
         The Government will continue to provide support to all former CEs according to the recommendations set out in the Independent Commission on Remuneration Package and Post-office Arrangements for the Chief Executive of the HKSAR’s report, including appropriate office accommodation and administrative support, to facilitate their performance of promotional and protocol-related functions for Hong Kong.
     
    (3) The convention and exhibition (C&E) industry brings important contributions to Hong Kong’s economy by attracting high-spending overnight business visitors to Hong Kong, spurring economic activities and creating employment opportunities in sectors such as tourism, retail, catering, entertainment industries; while facilitating local small and medium enterprises to connect with international buyers and suppliers to develop new markets and explore business opportunities. In order to provide more C&E facilities to facilitate the long-term development of the Hong Kong C&E industry, the Government is taking forward the Wan Chai North Redevelopment project near the Hong Kong Convention and Exhibition Centre as planned. This project involves the redevelopment of the sites of the Wan Chai Government Offices Compound, Gloucester Road Garden and the Kong Wan Fire Station into C&E facilities, hotel and Grade A offices. Among others, with the funding approval of the Finance Committee of the Legislative Council, the Government has commenced the reprovisioning of Kong Wan Fire Station project to relocate the Kong Wan Fire Station to the site adjoining Fenwick Pier Street and Lung Hop Street.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Conditional extension of timeline to small and medium pharmaceutical manufacturers for compliance with revised Schedule ‘M’ notification

    Source: Government of India

    Posted On: 12 FEB 2025 4:23PM by PIB Delhi

    The Ministry of Health & Family Welfare has conditionally extended the due date for implementation of revised Schedule M (Good Manufacturing Practices provision) in respect of small and medium manufacturers having turnover of Rs. 250 crores or less, up to 31st December, 2025.

    On 28th December, 2023, the Government of India had notified revised Schedule M requirements wherein “good manufacturing practices” was upgraded to “good manufacturing practices and requirements of plan and equipment for pharmaceutical products”. The category of manufacturers was divided into two; the first category was of large manufacturers having turnover more than 250 crores. A timeline of 6 months was given to such manufacturers for compliance. For small and medium manufacturers having turnover less than or equal to 250 crores, a timeline of 12 months was given for compliance. The revised Schedule M requirements have been implemented for large manufacturers w.e.f. 28th June, 2024.

    Small and medium manufacturers had represented for extension of timeline to enable improvement in infrastructure, training of personnel and arranging financial resources. The same has been considered and the small and medium manufacturers have been given a time of 3 months from 11th February, 2025 to submit their plan for upgradation in Form A to the Central License Approving Authority. For such manufacturers who submit these details, the timeline of implementation would be extended till 31st December, 2025.

    The revised Schedule M requirements are a positive step towards ensuring the quality and safety of pharmaceutical products being manufactured in India.  The new regulations would enable the pharma companies to not only strengthen their domestic position but also become more competitive globally.

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    MV

    HFW/Extension of Revised Schedule M/12Feb2025/1

    (Release ID: 2102291) Visitor Counter : 72

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: DoT and CDRI Unveil Roadmap to Strengthen India’s Telecom Resilience

    Source: Government of India (2)

    DoT and CDRI Unveil Roadmap to Strengthen India’s Telecom Resilience

    Department of Telecommunications (DoT) and the Coalition for Disaster Resilient Infrastructure (CDRI) Released Disaster Risk and Resilience Assessment Framework
    CDRI presents a telecom resilience framework aligned with global resilience frameworks

    Key strategic measures identified to enhance telecom sector resilience

    DoT calls for collective action from the government, industry, and disaster agencies to build a disaster-resilient telecom ecosystem

    A disaster risk and resilience index developed for 5 States

    Posted On: 12 FEB 2025 4:09PM by PIB Delhi

    The Department of Telecommunications (DoT), in collaboration with the Coalition for Disaster Resilient Infrastructure (CDRI), today launched a comprehensive report on Disaster Risk and Resilience Assessment Framework (DRRAF), marking a major step towards strengthening India’s telecom sector against disasters. The report is part of a comprehensive study on National and Sub-national Disaster Risk & Resilience Assessment for the Telecommunication Sector by CDRI. The study was conducted across five states—Assam, Odisha, Tamil Nadu, Uttarakhand, and Gujarat—focusing on disaster risks and resilience strategies specific to the telecom sector. DoT facilitated the necessary coordination with State Governments, Telecom Service Providers, and Infrastructure Providers to arrange the data required for the study.

    In his message in the inaugural session, Dr. Neeraj Mittal, Secretary (Telecom) & Chairman, Digital Communications Commission (DCC), emphasized that building telecom resilience is a national priority. He reiterated DoT’s commitment for ensuring seamless connectivity prior, during, and after disasters, aligning with the UN’s ‘Early Warning For All by 2027 initiative. He called for coordinated action from Government agencies, telecom operators, and disaster management bodies to ensure India’s telecom infrastructure remains robust in the face of natural calamities.

    Addressing the impact and potential of the study and framework, CDRI Director General Amit Prothi emphasized the telecom sector’s significant contribution to India’s GDP, highlighting that resilient telecom networks are critical for economic growth, disaster response, and uninterrupted connectivity. He further stated that the CDRI’s study offers a scalable model, actionable insights, and global best practices for resilient communication services.

    Recalling his experience with disasters, Mr. Manish Sinha, Member (F), DoT, emphasized the importance of telecom network post disasters. He further highlighted that technology has improved further. He further highlighted the outcomes of the study lays out a roadmap for minimizing service disruptions, strengthening infrastructure, and improving emergency response mechanisms.

    Emphasizing the importance of inter-ministerial coordination, Shri Sanjay Agrawal, DDG (DM), DoT, highlighted the invaluable support of all LSAs, TSPs, Infrastructure Providers, and Industry Associations (DIPA, COAI, IBF), along with government agencies such as NDMA and SDMAs. He added that their valuable insights and on-ground experiences have significantly enriched this study, ensuring that the recommendations are not only technically sound but also practically implementable.

    The DoT has been proactively implementing several strategic initiatives to enhance disaster preparedness and telecom resilience, including:

    · Real-time coordination with LSAs, State Governments, and telecom operators for rapid disaster response.

    · Nationwide implementation of an indigenous Cell Broadcast System for emergency alerts.

    · Deployment of Public Protection and Disaster Relief (PPDR) networks in collaboration with the Ministry of Home Affairs.

    · Strengthening regulatory support for telecom operators to ensure quick restoration of services.

    · Promoting satellite-based communication and High Altitude Platform Systems (HAPS) to maintain connectivity in disaster-hit regions.

    Key Insights and Recommendations from the Study:

    The study conducted a multi-hazard risk assessment across 0.77 million telecom towers, mapping risks from floods, cyclones, earthquakes, and other disasters. A disaster risk and resilience index has been developed to assess the vulnerability of telecom infrastructure based on disaster intensity, frequency, and impact.

    The Report has outlined a set of key recommendations aimed at strengthening the sector’s resilience and preparedness in the face of disasters. These recommendations emphasize a multi-pronged approach, combining technical enhancements, governance reforms, financial investments, and stakeholder collaboration.

    The key strategic recommendations include:

    • Enhancing technical planning and design to ensure telecommunications infrastructure can withstand disaster impacts.
    • Developing a robust multi-hazard information repository to enable data-driven risk management.
    • Implementing risk-informed governance to integrate disaster resilience into sectoral policies.
    • Developing risk-sharing instruments to safeguard telecom operators against financial vulnerabilities.
    • Establishing a cross-sectoral framework to drive stakeholder collaboration and coordinated response mechanisms.
    • Strengthening financial arrangements to support the resilience of critical telecom infrastructure.
    • Promoting last-mile connectivity and information access to ensure inclusivity during emergencies.
    • Leveraging digital and collaborative efforts to enhance service restoration in crisis situations.
    • Upscaling institutional capacity and last-mile expertise to improve emergency preparedness.
    • Implementing precise monitoring mechanisms to enhance service quality and reliability.

    These recommendations aim to fortify the telecom sector’s ability to withstand disasters, ensuring seamless connectivity and rapid restoration of services. With DoT’s leadership and multi-stakeholder engagement, the adoption of this roadmap will empower India’s telecom sector to effectively anticipate, respond to, and recover from disasters, ensuring uninterrupted communication even in times of crisis.

    With this risk and resilience study and framework, CDRI aims to mainstream resilience principles in telecom infrastructure at the policy and planning level, and promote cross-sectoral collaboration and coordination, both in India and globally.

    About CDRI

    The Coalition for Disaster Resilient Infrastructure (CDRI), an international organization launched by the Prime Minister of India, is a global partnership of 49 members dedicated to climate and disaster-resilient infrastructure solutions. It is a partnership of national governments, UN agencies and programmes, multilateral development banks and financing mechanisms, the private sector, and academia. CDRI advances the cause of climate and disaster resilient infrastructure (DRI).

    ****

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  • MIL-OSI Asia-Pac: India – France Joint Statement on the visit of Shri Narendra Modi, Hon’ble Prime Minister of India to France

    Source: Government of India

    Posted On: 12 FEB 2025 3:22PM by PIB Delhi

    At the invitation of the President of the French Republic, H.E. Mr. Emmanuel Macron, the Prime Minister of India, Shri Narendra Modi, paid a visit to France on 10-12 February 2025. On 10 and 11 February 2025, France and India co-chaired the Artificial Intelligence Action Summit, gathering Heads of State and Government, leaders of international organizations, small and large enterprises, representatives of academia, non-governmental organizations, artists and members of civil society, in order to build on the important milestones reached during the Bletchley Park (November 2023) and Seoul (May 2024) summits. They underlined their commitment to take concrete actions to ensure that the global AI sector can drive beneficial social, economic and environmental outcomes in the public interest. Prime Minister Modi congratulated President Macron on France’s successful organization of AI Action Summit. France welcomed India’s hosting of the next AI Summit.

    This was Prime Minister Modi’s sixth visit to France, and follows President Macron’s visit to India in January 2024 as the Chief Guest for the 75th Republic Day of India. Prime Minister Modi and President Macron held bilateral discussions on the entire gamut of the exceptionally strong and multifaceted bilateral cooperation and on global and regional matters. Both leaders also went to Marseille where President Macron hosted a private dinner for Prime Minister Modi, reflecting the excellent relationship between the two leaders. They jointly inaugurated India’s Consulate General in Marseille. They also visited the International Thermonuclear Experimental Reactor facility.

    President Macron and Prime Minister Modi reaffirmed their shared vision for bilateral cooperation and international partnership, outlined in the Joint Statement issued following President Macron’s State Visit to India in January 2024 and in the Horizon 2047 Roadmap published during the visit of Prime Minister Modi to France in July 2023 as the Chief Guest of the Bastille Day Celebrations on the occasion of the 25th anniversary of the Strategic Partnership. They commended the progress achieved in their bilateral cooperation and committed to accelerating it further across its three pillars.

    The two leaders reiterated their call for reformed and effective multilateralism to sustain an equitable and peaceful international order, address pressing global challenges and prepare the world for emerging developments, including in the technological and economic domains. The two leaders stressed, in particular, the urgent need for the reform of the United Nations Security Council and agreed to coordinate closely in multilateral fora, including on UNSC matters. France reiterated its firm support for India’s permanent membership of the UNSC. The two leaders agreed to strengthen conversations on regulation of use of the veto in case of mass atrocities. They held extensive discussions on long-term global challenges and current international developments and agreed to intensify their global and regional engagement, including through multilateral initiatives and institutions.

    Acknowledging the paramount importance of advancing scientific knowledge, research and innovation, and recalling the long and enduring engagement between India and France in those areas, President Macron and Prime Minister Modi announced the grand inauguration of the India-France Year of Innovation in New Delhi in March 2026 by launching its Logo.

    Partnership for Security and Sovereignty

    Recalling the deep and longstanding defence cooperation between France and India as part of the Strategic Partnership, President Macron and Prime Minister Modi welcomed the continuation of the cooperation of air and maritime assets in line with the ambitious Defence Industrial Roadmap agreed in 2024. Both leaders commended progress in collaboration in construction of Scorpene submarines in India, including indigenization, and in particular the work carried out with a view to the integration of DRDO developed Air Independent Propulsion (AIP) into P75-Scorpene submarines and the analyses conducted regarding the possible integration of the Integrated Combat System (ICS) into the future P75-AS submarines. Both leaders welcomed the commissioning of the sixth and final submarine of the P75 Scorpene-class project, INS Vaghsheer, on 15 January 2025.Both sides welcomed the ongoing discussions in missiles, helicopter engines and jet engines. They also welcomed the excellent cooperation between the relevant entities in the Safran group and their Indian counterparts. Prime Minister Modi also invited the French Army to take a closer look at the Pinaka MBLR, emphasizing that an acquisition of this system by France would be another milestone in Indo-French defence ties. In addition, President Macron welcomed the decision to include India as an observer to the Eurodrone MALE programme managed by OCCAR, which is another step forward in the growing strength of our partnership in defence equipment programmes.

    Both leaders appreciated the regular conduct of military exercises in all domains including maritime exercises and joint patrolling by maritime patrol aircraft. They noted the recent visit of the French Carrier Strike Group Charles De Gaulle to India in January 2025, followed by the Indian Navy’s participation in the French multinational exercise La Perouse, and the future conduct of the Varuna exercise in March 2025.

    They welcomed the launch of FRIND-X (France-India Defence Startup Excellence) in Paris on 5-6 December 2024, involving the DGA and the Defence Innovation Agency, in line with the vision enshrined in HORIZON 2047 and the India-France Defence Industrial Roadmap. This collaborative platform brings together key stakeholders across both defence ecosystems, including defence startups, investors, incubators, accelerators, and academia, fostering a new era of defence innovation and partnership.

    In order to deepen the research and development partnerships in defence, both leaders stressed on the early launch of an R&D framework through a Technical Arrangement for cooperation in defence technologies between DGA and DRDO. Inaddition, both leaders welcomed the ongoing discussions between L’Office National d’Etudes et de Recherches Aérospatiales (ONERA) and Defence Research and Development Organisation (DRDO) to identify technologies for R&D partnerships. Further, India welcomes the participation of Indian students, alongside French students, in the challenge on distributed intelligencelaunched recently by Interdisciplinary Center for Defence and Security from the Institut Polytechnique de Parisand encourages organizing of more joint challenges in the future to evoke the interest of students in defence.

    Both leaders had a detailed conversation on international issues, including on the Middle-East and the war in Ukraine. They agreed to pursue their efforts to coordinate and remain closely engaged on a regular basis.

    The two leaders recalled the launch of the India-Middle East-Europe Corridor (IMEC) on the margins of the G20 Summit in Delhi in September 2023 and agreed to work together more closely on implementing the initiative. Both leaders stressed the importance of IMEC to foster connectivity, sustainable growth trajectories and access to clean energy across these regions. In this regard, they acknowledged the strategic location of Marseille in the Mediterranean Sea.

    They underlined the key importance of strengthening EU-India relations, in view of the upcoming India-EU summit at the earliest possible in New Delhi.

    They appreciated the growing cooperation in trilateral format with Australia and with the United Arab Emirates. They commended the joint military exercises that took place between France, India and the United Arab Emirates, as well as the participation of India, France and Australia in each others’ multilateral military exercises. At the invitation of the United Arab Emirates and India, France joined the Mangrove Alliance for Climate. They directed their concerned officials to work together with officials from the Governments of United Arab Emirates and Australia, towards identifying concrete projects of trilateral cooperation in the field of economy, innovation, health, renewable energy, education, culture, and the maritime domain, including under the IPOI and IORA as identified during the focal points meeting held virtually last year for both the trilateral dialogues.

    The two leaders underlined their common commitment to a free, open, inclusive, secure and peaceful Indo-Pacific region.

    They reiterated their desire to continue to deepen bilateral cooperation in the space sector. Taking note of the substantial contribution of the first two sessions of the India-France Strategic Space Dialogue to furthering this objective, they agreed to hold its third session in 2025. They commended the strength of the partnership between CNES and ISRO and supported the development of collaborations and synergies between their space industries.

    The two leaders reaffirmed their unequivocal condemnation of terrorism in all its forms and manifestations, including cross-border terrorism. They called for the disruption of terrorism financing networks and safe havens. They further agreed that no country should provide safe haven to those who finance, plan, support, or commit terrorist acts. The leaders also called for concerted action against all terrorists, including through designations of individuals affiliated with groups that are listed by the UN Security Council 1267 Sanctions Committee. The two sides emphasized the importance of upholding international standards on anti-money laundering and combating the financing of terrorism, consistent with Financial Action Task Force recommendations. Both countries reiterated their commitment to work together in FATF, No Money For Terror (NMFT) and other multilateral platforms.

    They commended the cooperation between the National Security Guard (NSG) of India and the Groupe d’Intervention de la Gendarmerie Nationale (GIGN) for agency-level cooperation in the field of counter-terrorism. The two leaders welcomed the outcomes of the counter-terrorism dialogue held in April 2024, reflecting the growing India – France counter-terrorism and intelligence cooperation. The two leaders also looked forward to the successful organization of Milipol 2025 in New Delhi.

    They welcomed the ongoing discussions to create a comprehensive framework for an enhanced bilateral cooperation in the civil aviation sector, which are at advanced stages.

    Prime Minister Modi and President Macron launched an India-France Roadmap on Artificial Intelligence (AI), rooted in the philosophical convergence in their approaches focusing on the development of safe, open, secure and trustworthy artificial intelligence. They welcomed the inclusion of Indian startups at the French Startup Incubator Station F. They also welcomed the expanded possibilities for using India’s real-time payment system – Unified Payments Interface (UPI) – in France. The two leaders reiterated the strategic significance of cyberspace and their wish to strengthen their coordination at the United Nations regarding the application of international law and the implementation of the framework for responsible State behaviour in cyberspace, as well as the need to address issues arising from the proliferation of malicious cyber tools and practices. They looked forward to the next India-France Strategic Cybersecurity and Cyberdiplomacy Dialogues to be held in 2025.

    Partnership for the Planet

    Prime Minister Modi and President Macron stressed that nuclear energy is an essential part of the energy mix for strengthening energy security and transitioning towards a low-carbon economy. Both leaders acknowledged the India-France civil nuclear ties and efforts in cooperation on the peaceful uses of nuclear energy, notably in relation with the Jaitapur Nuclear Power Plant Project. They welcomed the first meeting of the Special Task Force on Civil Nuclear Energy, and welcomed the signing of a letter of intent on Small Modular Reactor (SMR) and Advanced Modular Reactor (AMR) and the Implementing Agreement between India’s GCNEP, DAE and France’s INSTN, CEA for cooperation in training and education of nuclear professionals.

    The two leaders reaffirmed their countries’ commitment to jointly address the environmental crises and challenges including climate change and promoting sustainable lifestyles. The leaders welcomed the renewal of bilateral cooperation in the field of environment between the Ministries of Environment. Both leaders reiterated their commitment to the principles established by the Paris Pact for People and the Planet for reform of the international financing system towards supporting vulnerable countries in addressing both the eradication of poverty and the preservation of the planet. Both leaders affirmed the significance of United Nations Oceans Conference (UNOC-3) as an important milestone in international efforts towards conservation and sustainable use of oceans. In the context of upcoming UNOC-3 to be held in Nice in June 2025, France and India recognize the importance of the Agreement on the Conservation and Sustainable Use of Marine Biological Diversity Beyond Areas of Natural Jurisdiction (BBNJ Agreement), as one of the pillars of inclusive and holistic international ocean governance. Having already signed the treaty, they called for its entry into force at the earliest. Prime Minister Modi offered India’s support to France for UNOC-3 in June 2025.

    They lauded the launching of the India-France Indo-Pacific Triangular Development Cooperation, aiming to support climate- and SDG-focused projects from third countries in the Indo-Pacific region. The two leaders welcome the partnership between Proparco and the concerned Indian microfinance institutions for an equity agreement of 13 million Euros in the areas of financial inclusion and women empowerment. They also commended the strong and fruitful cooperation within the framework of the Franco Indian presidency of the Coalition for Disaster Resilient Infrastructure and the International Solar Alliance.

    Noting the record level of bilateral trade in 2024, they acknowledged that there is vast untapped potential for trade and investment between the two countries. Both leaders highlighted the need to maintain strong confidence for companies investing in France and in India. They commended the numerous economic cooperation projects announced in 2024 in the field of urban development. They recalled the participation of India as guest of honor of the 7th Choose France Summit in Versailles in May 2024. The two leaders were delighted with the organization of the bilateral CEOs Forum in November 2024 and February 2025.

    The two leaders expressed their satisfaction with the unprecedented momentum initiated for cooperation between the two Ministries of Health, with the first mission in Paris of India’s Ministry for Health and Family Welfare last January. Digital health, anti-microbial resistance and exchange of health professionals have been identified as the main priorities for bilateral cooperation in 2025. The two leaders welcomed the signature of a Letter of Intent between PariSante Campus and the C-CAMP (Centre for Molecular Platforms), and the creation of the Indo-French Life Sciences Sister Innovation Hub.

    Partnership for the People

    Recalling the ambition underpinning the Letter of Intent signed on the occasion of Prime Minister Modi’s visit to France in July 2023, President Macron and Prime Minister Modi welcomed the signature of the Agreement between the National Museum in Delhi and France Muséums Développement in December 2024. This agreement paves the way for further collaboration as well as broader museum cooperation including training of Indian professionals. France offered to continue consultations on its participation in the development of the National Maritime Heritage Complex.

    To celebrate the 60th Anniversary of the signing of the first cultural agreement between India and France in 1966, both sides agreed to undertake multiple cultural exchanges and programs in the context of the Year of Innovation 2026 which is a cross-sectoral initiative that includes culture.

    Prime Minister Modi congratulated President Macron on the successful organization of the Paris Olympics and Paralympics 2024 and thanked President Macron’s willingness to share France’s experience and expertise regarding the organization and securing of major international sporting events in the context of India’s bid to host the Olympics and Paralympics Games in 2036.

    Both Leaders welcomed the launch of a regional edition of the Raisina Dialogue focusing on Mediterranean issues in Marseille in 2025, to foster high-level dialogue involving representatives of governments, industry leaders, experts on trade and connectivity issues and other relevant stakeholders with an aim to enhance trade and connectivity between the Mediterranean and the Indo-Pacific regions.

    Both leaders welcomed the successful launch in September 2024 of the International Classes Scheme under which Indian students are taught French as a foreign language, and methodology and academic contents in highly reputed French universities in France during one academic year, before entering their chosen curricula in France. It will create conducive conditions to increase student mobility and meet the target of 30,000 Indian students in France by 2030. In that regard, they welcomed the rising number of Indian students in France, with 2025 figures expected to reach an unprecedented 10,000.

    Both leaders also welcomed the operationalization of the Young Professionals Scheme (YPS) under India-France Migration and Mobility Partnership Agreement (MMPA) which will facilitate two way mobility of youth and professionals, further strengthening the bonds of friendship between people of India and France. Moreover, both leaders stressed on early conclusion of the Memorandum of Understanding to foster cooperation in the fields of skill development, vocational education and training which will create opportunities for both countries to strengthen cooperation in this field.

    To foster their dynamic and comprehensive Strategic Partnership, both countries committed to constantly deepen their long-term cooperation following the ambitions expressed in the bilateral Horizon 2047 Roadmap.

    ***

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  • MIL-OSI Asia-Pac: LCQ17: The supply and demand situations of private offices

    Source: Hong Kong Government special administrative region

    LCQ17: The supply and demand situations of private offices
    LCQ17: The supply and demand situations of private offices
    **********************************************************

         Following is a question by the Hon Edmund Wong and a written reply by the Secretary for Development, Ms Bernadette Linn, in the Legislative Council today (February 12): Question:      It has been reported that according to the estimation of a surveyor firm, the vacancy rate of Grade A private offices in Central has exceeded 13 per cent as at the end of December 2024, and the rents in the district are projected to further drop by 5 per cent in 2025. In this connection, will the Government inform this Council:(1) of the average per-square-foot selling prices and monthly rents, as well as the vacancy rates, for various grades of private offices in Hong Kong in the past three years, together with a quarterly breakdown of such figures; (2) whether it has projected the supply and demand situations of various grades of private offices in various districts in the next five years; and (3) of the specific strategies to achieve a balance between the supply and demand of private offices in various districts so as to mitigate the problem of worsening vacancy rates; whether it will introduce a flexible mechanism for zoning sites in new development areas (e.g. ‍the Northern Metropolis) for commercial uses; if so, of the details; if not, the reasons for that? Reply: President,      In consultation with the Financial Services and the Treasury Bureau, the reply to various parts of the question is as follows:      (1) The Rating and Valuation Department (RVD) obtains property transaction and rental information from a variety of sources for compiling and periodically publishing the average prices and average rents of private premises. For private offices, it has been the RVD’s established practice to conduct detailed analysis of the seven main private office districts. According to the Hong Kong Property Review 2024 published by the RVD last April, the total stock of private offices in Hong Kong at the end of 2023 amounted to around 13 100 000 square metres (sq m), comprising 66 per cent Grade A, 23 per cent Grade B and 11 per cent Grade C offices. Their quarterly average prices and average rents by grade in main sub-districts in the past three years (i.e. from 2022 to 2024) as published by the RVD are set out at Appendix 1 and Appendix 2 respectively.      In addition, the RVD also conducts year-end vacancy surveys on private premises every year to provide relevant data of their vacancy position in the Hong Kong Property Review. The year-end vacancy rates for private offices in Hong Kong by grade from 2021 to 2023 are tabulated below: 

    Year
    Grade A
    Grade B
    Grade C
    Overall

    2021
    12.5%
    13.1%
    9.3%
    12.3%

    2022
    15.1%
    15.1%
    8.8%
    14.4%

    2023
    16.0%
    14.9%
    9.0%
    14.9%

    Remarks: The vacancy rates for 2024 are still being collated, and will be released in the Hong Kong Property Review 2025 to be published later this year. (2) The Government does not estimate the demand for private offices in the short to medium term. As for supply of private offices, the RVD publishes in the Hong Kong Property Review each year the estimated completions of all grades of private offices in the coming two years. According to the Hong Kong Property Review 2024 published by the RVD last April, the estimated total completion of private offices in 2025 is around 136 000 sq m, constituting a slight fall as compared to 156 000 sq m in 2024. The estimated completions of private offices by grade in 2024 and 2025 are tabulated below: 

    Year
    Grade A(sq m)
    Grade B(sq m)
    Grade C(sq m)

    2024
    146 000
    9 300
    1 000

    2025
    126 400
    9 400
    300

    (3) The Government has been proactively taking various measures to promote the healthy development of the commercial property market, including:      (i) The Government will assess the situation pragmatically and roll out land in a prudent and paced manner. Taking into account the current economic environment, the office vacancy rates and the upcoming supply expected, the Government has not put up any commercial site for sale since the financial year 2023-24, the last piece of commercial site sold in recent years being the site at Sai Yee Street in Mong Kok in March 2023. (ii) The Government is proactively implementing industrial policies and competing for talents and enterprises, with a view to raising both the capacity and quality of the economy. By stepping up efforts in attracting enterprises and investment and promoting Hong Kong’s unique advantages, Hong Kong will continue to draw more Mainland and overseas enterprises and investment to set up or expand their operations here, including establishing new companies or upgrading existing business in Hong Kong to regional headquarters, thereby boosting demand for shops and office space. According to the results of the latest annual survey by Invest Hong Kong and the Census and Statistics Department, the number of companies in Hong Kong with overseas or Mainland parent companies rose to 9 960 in 2024, representing an annual growth of 10per cent and reaching a record high. The number of regional headquarters, regional offices and local offices of these companies also increased by more than 5 per cent, 4 per cent and 13 per cent respectively. In addition, by end 2024, the Office for Attracting Strategic Enterprises has successfully attracted nearly 70 strategic enterprises. The majority of these enterprises plan to establish their global or regional headquarters in Hong Kong, which will drive the demand for office space. (iii) In terms of land use planning, traditional office premises are mainly zoned “Commercial” (the “C” zone) on the statutory plans. Apart from office, the “C” zone generally accommodates various other always-permitted uses including hotel, eating place, shop and services, educational institution, exhibition or conference hall, place of recreation, sports or culture, place of entertainment, and information technology and telecommunications industries (such as data centres, data processing/computer centres). In other words, the current planning regime provides flexibility for developers to pursue other non-office commercial uses within the “C” zone, taking into account market conditions and business considerations. In addition, the recently amended planning guidelines for the Hung Shui Kiu / Ha Tsuen New Development Area in the Northern Metropolis no longer specify the allocation of floor space of commercial sites to office and retail uses. This is to reserve sufficient flexibility in planning to enable timely response to market changes.(iv) When planning the new development areas in the Northern Metropolis, we will suitably propose individual sites for a wider range of uses to cater for the changing market needs. For example, sites near the proposed Northern Link Railway Station are zoned “Other Specified Uses” annotated “Mixed Use” on the San Tin Technopole Outline Zoning Plan. This is to endow the area with flexibility in development, allowing various uses including commercial, residential, educational, cultural, recreational and entertainment uses, either vertically within a building or horizontally over a spatial area.   (v) For certain sizable development projects that involve larger investment, the Development Bureau (DEVB) will maintain close communication with the market and relevant industries, gauging the views of the stakeholders on the development direction of the project and the tender conditions. For example, the DEVB invited the market last December to submit expression of interest for the three pilot areas of large-scale land disposal in the Northern Metropolis, hoping to collect market views and suggestions in order to finalise the open tender details and conditions later. (vi) The Northern Metropolis is a development project spanning across a number of years. We are mindful of the need for flexibility in planning to timely meet the needs of the society and industry development. Even if the relevant statutory plans have designated the permitted land uses for sites within the Northern Metropolis, the current planning regime caters for adjustment by allowing applications for planning permission and amendment of plans. The Town Planning Board will holistically consider these applications in light of prevailing circumstances. 

     
    Ends/Wednesday, February 12, 2025Issued at HKT 17:45

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  • MIL-OSI Europe: Written question – Tackling medicines shortages in the EU – P-000606/2025

    Source: European Parliament

    Priority question for written answer  P-000606/2025
    to the Commission
    Rule 144
    Aurelijus Veryga (ECR)

    Addressing the issue of medicines shortages in the EU requires taking into account not only the physical shortage of medicines – caused as much by the lack of production of active pharmaceutical ingredients as by disruptions in the production of medicines themselves and the inadequate forecasting of demand – but also the relative shortage of medicines resulting from issues related to the availability of medicines at competitive prices and the reimbursement regime. In most cases, long-established and widely used medicines are considered to be critical, but occasionally new and innovative medicines with different mechanisms for ensuring accessibility should also be considered critical. The completely uneven situation and the opacity of the process lead to very different prices and timelines for inclusion in reimbursement schemes across the EU.

    In 2017-2019, the Visegrad + Lithuania initiative to jointly negotiate on medicines and explore opportunities for the joint purchasing of expensive innovative medicines was implemented. The COVID-19 pandemic led to the discontinuation of this initiative. During the COVID-19 pandemic, a mechanism was put in place where not only were the prices and procurement of vaccines agreed at EU level, but Member States also contributed financially to the funding of vaccine development.

    • 1.What measures does the Commission intend to take in the new Critical Medicines Act to ensure the affordability and availability of new and innovative medicines and medical devices?
    • 2.Are there plans to establish a common EU procurement mechanism for innovative medicines based on the voluntary principle?
    • 3.Is consideration being given to entrusting the coordination and implementation of public procurement at EU level to the European Medicines Agency?

    Submitted: 10.2.2025

    Last updated: 12 February 2025

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  • MIL-OSI Europe: Written question – Inclusion of fibre-based and bio-based materials in the forthcoming circular economy act – E-000119/2025

    Source: European Parliament

    Question for written answer  E-000119/2025/rev.1
    to the Commission
    Rule 144
    Elsi Katainen (Renew)

    The transition to a circular economy is crucial for achieving sustainability and reducing environmental impacts in the EU. Fibre-based and other bio-based materials play a significant role in this transition, due to their renewable nature and their high potential recyclability. Ensuring the effective collection and recycling of these materials is essential for maximising their contribution to the circular economy.

    In light of the upcoming circular economy act:

    • 1.The harmonisation of collection systems should be done consistently and efficiently in the Member States. How does the Commission plan to incorporate specific measures and strategies to boost the collection and recycling of fibre-based and other bio-based materials in the circular economy act?
    • 2.Targeted incentives and regulatory adjustments should be considered to promote the use of bio-based materials. What initiatives will the Commission introduce to support the development and integration of bio-based materials within the circular economy framework, over traditional non-renewable alternatives?

    Submitted: 14.1.2025

    Last updated: 12 February 2025

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  • MIL-OSI Europe: Written question – Revitalising Spanish industry – E-000246/2025

    Source: European Parliament

    Question for written answer  E-000246/2025/rev.1
    to the Commission
    Rule 144
    Nora Junco García (ECR), Diego Solier (ECR)

    Despite recent newspaper reports with misleading headlines such as ‘Spain: Europe’s economic engine’, the reality is quite different. Spain continues to face significant challenges, such as one of the highest unemployment rates of the OECD member countries, an economy dependent on low value-added sectors and a growing public debt.

    Moreover, the lack of political and social will to harness strategic natural and energy resources such as lithium are limiting its ability to lead Europe’s industrial transition. Continued tax hikes, interventionism and bureaucracy are stifling business competitiveness, driving away key investments. Efficient use of EU funds must be ensured, and urgent action must be taken to correct these structural problems.

    In this regard:

    • 1.What measures is the Commission taking to ensure that EU funds earmarked for Spain are used efficiently in strategic sectors such as the technology industry?
    • 2.How could the Commission encourage greater regulatory flexibility in Spain to attract key industrial and energy investment?
    • 3.What action does it consider necessary to encourage the exploration and exploitation of strategic resources such as lithium in Spain?

    Submitted: 21.1.2025

    Last updated: 12 February 2025

    MIL OSI Europe News

  • MIL-OSI Europe: JOINT MOTION FOR A RESOLUTION on the escalation of violence in the eastern Democratic Republic of the Congo – RC-B10-0102/2025

    Source: European Parliament

    Ingeborg Ter Laak, Michael Gahler, Lukas Mandl, Sebastião Bugalho, Wouter Beke
    on behalf of the PPE Group
    Yannis Maniatis, Marit Maij
    on behalf of the S&D Group
    Waldemar Tomaszewski, Joachim Stanisław Brudziński, Cristian Terheş
    on behalf of the ECR Group
    Hilde Vautmans, Abir Al‑Sahlani, Petras Auštrevičius, Malik Azmani, Dan Barna, Benoit Cassart, Olivier Chastel, Engin Eroglu, Raquel García Hermida‑Van Der Walle, Ľubica Karvašová, Ilhan Kyuchyuk, Jan‑Christoph Oetjen, Urmas Paet, Marie‑Agnes Strack‑Zimmermann, Yvan Verougstraete
    on behalf of the Renew Group
    Sara Matthieu
    on behalf of the Verts/ALE Group
    Marc Botenga, Rudi Kennes, Manon Aubry, Rima Hassan, Damien Carême
    on behalf of The Left Group
    European Parliament resolution on the escalation of violence in the eastern Democratic Republic of the Congo

    (2025/2553(RSP))

    The European Parliament,

     having regard to its previous resolutions on the Democratic Republic of the Congo (DRC),

     having regard to the statement by the High Representative of the Union for Foreign Affairs and Security Policy on behalf of the EU of 25 January 2025 on the latest escalation in eastern DRC,

     having regard to the statement by G7 foreign ministers of 2 February 2025 on the escalation of violence in the eastern Democratic Republic of the Congo,

     having regard to the press statement of the UN Security Council of 26 January 2025 on the situation in the Democratic Republic of the Congo,

     having regard to the special session of the UN Human Rights Council of 7 February 2025 on the human rights situation in the east of the Democratic Republic of the Congo,

     having regard to the communiqué of the Peace and Security Council of the African Union of 28 January 2025 on the recent developments in the eastern Democratic Republic of Congo,

     having regard to the Convention on the Elimination of all Forms of Discrimination against Women of 18 December 1979,

     having regard to the Partnership Agreement of 15 November 2023 between the European Union and its Member States, of the one part, and the Members of the Organisation of African, Caribbean and Pacific States, of the other part[1],

     having regard to Rule 136(2) and (4) of its Rules of Procedure,

    A. whereas in January 2025, the armed rebel group M23, backed by Rwandan forces, further advanced in the eastern DRC and seized the regional capital city of Goma; whereas violence between rebel groups and the Congolese army increased sharply, causing a high number of civilian casualties; whereas an estimated 3 000 deaths occurred during the offensive on Goma; whereas approximately 800 000 internally displaced people were sheltering at that time in densely populated displacement sites around the city;

    B. whereas M23 announced a unilateral ceasefire to begin on 4 February 2025; whereas fighting has nonetheless continued, Goma airport remains closed, air traffic management equipment is damaged and humanitarian access is still limited; whereas there are reports that the mining town of Nyabibwe in South Kivu has been captured by M23; whereas M23 leaders have declared their intention to continue advancing in the DRC; whereas the latest advances of M23 mark an alarming escalation of the devastating conflict in the eastern DRC, a violation of territorial integrity and an escalation in violence, leading to a dire humanitarian crisis, human rights violations and the further destabilisation of the country;

    C. whereas the region has been plagued by decades of cyclical violence, causing a security and humanitarian crisis; whereas after a ceasefire that lasted several years, the M23 fighters took up arms again at the end of 2021; whereas martial law has been in force since 2021 in the eastern DRC and the civilian government has been replaced by the military; whereas the M23 forces have been expanding their presence in the eastern DRC, setting up new governance administrations and taxation systems, establishing military training camps and exporting minerals directly to Rwanda; whereas the long-term consequences of the terrible 1994 Rwandan genocide against the Tutsi are still fuelling violence, hatred and forced displacements today;

    D. whereas on 23 and 24 January 2025, M23 fired on positions of the United Nations Organization Stabilization Mission in the DRC (MONUSCO), which resulted in the deaths of 13 peacekeepers deployed with MONUSCO and the peacekeeping mission led by the Southern African Development Community (SADC);

    E. whereas the UN Group of Experts concluded in its June 2024 report that the deployment of the Rwanda Defence Forces (RDF) ‘violates the sovereignty and territorial integrity of the Democratic Republic of the Congo’ and that the RDF’s ‘de facto control and direction over M23 operations also renders Rwanda liable for the actions of M23’;

    F. whereas the seizing of Goma has led to significant displacement of civilians; whereas over 500 000 people are estimated to have been displaced since early January 2025; whereas thousands of Congolese people had previously fled to the city to escape violence and have been further driven from camps for internally displaced people into makeshift tents or forced to sleep out in the open; whereas the safety of internally displaced people is now seriously threatened, with women and girls suffering disproportionately;

    G. whereas the deputy head of the UN peacekeeping force based in Goma has reported on the mass rape and killing of women inmates inside Goma’s Munzenze prison, and it is estimated that hundreds of women were raped and many burned alive in the prison;

    H. whereas women and girls in the DRC face increased levels of sexual and gender-based violence, resulting in there being one victim of rape every four minutes; whereas the staff of Panzi Hospital in Bukavu, which receives many survivors of sexual violence, is alarmed about the deteriorating security situation in the area and about the security of the staff and patients in Panzi Hospital itself;

    I. whereas the seizure of Goma triggered violent protests in Kinshasa, with dozens of protesters attacking embassies and calling on the international community to halt the advance of M23;

    J. whereas the conflict in the DRC is at risk of regional spillover; whereas a peacekeeping deployment from the East African Community Regional Forces withdrew in 2023; whereas the SADC deployed a peacekeeping mission to the DRC in December 2023 with troops from South Africa, Tanzania and Malawi; whereas at least 20 peacekeepers were killed during the M23 advance on Goma; whereas on 6 February 2025, Malawi announced the withdrawal of its troops from this mission;

    K. whereas it is widely acknowledged that Rwanda is active in the conflict in the eastern DRC, including through its de facto control of M23, to which it supplies weapons, logistical support and troops; whereas UN experts estimate that there are between 3 000 and 4 000 Rwandan troops operating with M23;

    L. whereas North Kivu is a resource-rich region, with vast supplies of critical raw materials including cobalt, gold and tin, which are necessary for the global digital and energy transition; whereas Goma is a major transport and trading hub for the export of minerals; whereas the UN estimates that around 120 tonnes of coltan are being moved by M23 to Rwanda each month; whereas UN experts further estimate that M23 is financed by around EUR 288 000 per month generated through its control of the mineral trade in the DRC; whereas the rebel groups often recruit child soldiers in a blatant violation of international law and humanity;

    M. whereas the International Criminal Court (ICC) investigations in the DRC have focused on alleged war crimes and crimes against humanity committed mainly in the eastern DRC, in the Ituri region and the North and South Kivu Provinces, since 1 July 2002; whereas the DRC made a second referral to the ICC in May 2023 concerning alleged crimes committed in North Kivu since 1 January 2022;

    N. whereas on 8 February 2025 at a joint summit in Tanzania’s capital Dar es Salaam, the regional blocs of southern Africa, the SADC, and eastern Africa, the East African Community (EAC), called for an immediate and unconditional ceasefire, demanded the withdrawal of uninvited foreign armed forces from the DRC territory, urged all warring parties to hold peace talks within five days, and demanded the reopening of Goma airport and other key routes to facilitate humanitarian aid; whereas the African Union is set to address the matter at a meeting in Addis Ababa on 14 February 2025; whereas other mediation efforts are ongoing, notably by France, which aims to bring all actors to the negotiation table;

    O. whereas the Foreign Affairs Council of the Council of the EU is expected to exchange views on the situation in the DRC on 24 February 2025;

    P. whereas between 2021 and 2024, the EU provided EUR 260 million in funding to Rwanda, with an additional EUR 900 million pledged under the Global Gateway strategy; whereas following the latest developments in the eastern DRC, the EU declared that it stood ready to boost emergency assistance, particularly for the newly displaced populations in and around Goma, and on 28 January 2025, the Commission announced new humanitarian support for the DRC with an initial amount of EUR 60 million for 2025; whereas the EU is trying to intensify its presence in the region, including through its recent support for the ‘Green Corridor Kivu-Kinshasa’ programme via a Global Gateway initiative, which aims to help establish a sustainable 2 600 km corridor connecting the eastern DRC to Kinshasa and the Atlantic Coast, covering 540 000 km2;

    Q. whereas the EU has formed raw materials partnerships with several countries, including the DRC, Rwanda and other countries in the region; whereas these partnerships are focused on, among other things, advancing due diligence and traceability, cooperation in fighting against the illegal trafficking of raw materials, and alignment with international environmental, social and governance standards; whereas Parliament, unlike the Council, was not given the opportunity by the Commission to share its political assessment of the decision to negotiate a Memorandum of Understanding (MoU) with Rwanda or to provide technical feedback on the draft MoU;

    R. whereas the DRC Foreign Affairs Minister Thérèse Kayikwamba Wagner and Nobel Prize laureate Denis Mukwage briefed Parliament on 5 February 2025, at an extraordinary meeting of the Delegation to the Africa-EU Parliamentary Assembly (DAFR) and the Committee on Development, on the occupation of the eastern DRC and the dire humanitarian impact on the local population and internally displaced people;

    S. whereas the Council appointed Johan Borgstam as the EU Special Representative for the Great Lakes Region on 1 September 2024; whereas on 30 January 2025, DAFR organised an extraordinary hearing with the EU Special Representative and Bintou Keita, Head of MONUSCO;

    T. whereas prior to recent developments, the DRC faced one of the largest displacement crises in Africa, with 6.7 million internally displaced persons, including 4.6 million in South and North Kivu; whereas the DRC also hosts over 520 000 refugees and asylum seekers from neighbouring countries, while 1.1 million refugees from the DRC are being hosted in neighbouring countries in the region, more than half of them in Uganda; whereas the recent surge in violence has internally displaced over half a million people since the beginning of the year; whereas given the severe overcrowding in the displacement sites where people remain and the lack of water, sanitation and hygiene infrastructure, the risk of a cholera outbreak is extremely high, along with that of a rapid spread of the Mpox epidemic;

    1. Strongly condemns the occupation of Goma and other territories in the eastern DRC by M23 and the RDF as an unacceptable breach of the DRC’s sovereignty and territorial integrity; urges the Rwandan Government to withdraw its troops from DRC territory, as they are in clear violation of international law and the UN Charter, and to cease cooperation with the M23 rebels; demands that Rwanda and all other potential state actors in the region cease their support for M23;

    2. Strongly condemns the indiscriminate attacks with explosive weapons in populated areas of North Kivu by all parties, including on displacement camps and other densely populated areas near Goma, as well as the unlawful killings, rapes and other apparent war crimes, forced labour, forced recruitment and other abusive practices committed by M23 with the support of the RDF and by the armed forces of the DRC, the FARDC;

    3. Is appalled by the shocking use of sexual violence against women and girls as a tool of repression and weapon of war in the eastern DRC as well as the unacceptable recruitment of child soldiers by the various rebel groups; demands that these matters be addressed by the international community without delay; strongly reiterates that any attack against UN-mandated forces is inexcusable and might be considered a war crime;

    4. Calls for an immediate end to the violence, particularly the mass killings and the use of rape as a strategic weapon of war; calls on the DRC and Rwanda to investigate and appropriately prosecute those responsible for war crimes, including sexual violence, under the principle of command responsibility;

    5. Is extremely concerned by the critical humanitarian situation in the country; calls for the immediate reopening of Goma airport to re-establish humanitarian operations and bring in supplies via the airport and the land border; calls for the creation and immediate opening of humanitarian corridors and for all parties, including armed groups operating in the eastern DRC, to allow and facilitate full humanitarian access based on needs and humanitarian principles, including ensuring that civilians and displaced people are not denied access to items essential for their survival;

    6. Emphasises that humanitarian workers must be able to operate safely to deliver life-saving assistance to Congolese civilians, and that the safety of medical facilities must be preserved; stresses that this is a central obligation under international humanitarian law, and that perpetrators violating these obligations should be held to account; underlines that Rwanda and the neighbouring countries have a special responsibility to facilitate humanitarian access to the region;

    7. Strongly condemns the attack on diplomatic institutions of the EU, its Member States and civil society organisations, such as political foundations in Kinshasa; underlines that the protection of civilians and diplomatic staff must be guaranteed;

    8. Expresses concern over the lack of coherence in the EU response to the Great Lakes region’s crises and calls on the Council to reassess the implementation of its renewed EU Great Lakes strategy; recalls that the EU and its special representative for the region are ready to assist all mediation efforts;

    9. Welcomes the increased humanitarian support pledged by the EU, notes that this still falls far short of meeting the basic needs for food, water, medical assistance and shelter in the eastern DRC, especially in the light of the recent termination of support from the United States Agency for International Development (USAID); calls on the Commission and the international community to significantly step up financial support for urgent and life-saving assistance;

    10. Regrets that the EU has not taken appropriate measures to sufficiently address the crisis and effectively press Rwanda to end its support for M23, and that it has instead taken steps – including the signing in February 2024 of an MoU on sustainable raw materials value chains without sufficiently discussing the conflict, and the decision to top up support for Rwanda’s deployment in Mozambique under the European Peace Facility (EPF) – that have failed to demonstrate sufficient safeguards and that have contributed to sending an inconsistent message to the Rwandan authorities;

    11. Urges the Commission and the Council to immediately suspend the EU-Rwanda MoU on sustainable raw materials value chains until Rwanda proves that it is ceasing its interference and its exportation of minerals mined from M23-controlled areas; calls on all actors to increase transparency and to effectively ban the entry of all blood minerals into the EU;

    12. Calls on the Commission to render the future re-activation of cooperation on critical raw materials conditional upon Rwanda joining the Extractive Industries Transparency Initiative, which the DRC is already part of;

    13. Calls on the Commission and the Member States to ensure that the current Conflict Minerals Regulation[2] is strongly enforced and on the Commission to propose a revision of the EU rules, with the aim of ensuring the highest standards of traceability and transparency;

    14. Notes that parliamentary oversight and civil society involvement in the preparation, signing and implementation of raw material MoUs and roadmaps are essential for an inclusive process with adequate scrutiny, and must become part of the MoU;

    15. Calls on the Commission, the Member States and the international financial institutions to freeze direct budget support to Rwanda subject to it meeting conditions on, among other things, humanitarian access and the breaking of all links with M23; urges the Commission and the Member States to freeze their military and security assistance to the Rwandan armed forces to ensure that they do not contribute directly or indirectly to abusive military operations in the eastern DRC; calls strongly, in particular, for a review of the EU’s renewed support under the EPF to ensure that troops deployed in northern Mozambique and benefiting from EPF support, as well as their commanders, have been properly vetted and have not been involved in the eastern DRC or in other human rights violations, with a view to suspending the support if it is found to contribute directly or indirectly to abusive military operations in the eastern DRC;

    16. Urges the Commission and all Member States to ban the transfer of weapons to the Rwandan forces and M23 and to ensure greater transparency of trade in EU weapons;

    17. Urges the Council to expand sanctions against senior M23 commanders, leaders of other armed groups and senior officials from the DRC and Rwanda, including Major-General Eugene Nkubito, the commander of the RDF’s 3rd Division Major-General Ruki Karusisi, RDF Special Force Commander, and Major-General Emmy K. Ruvusha, Commander of the Rwanda Security Forces, all identified in the June 2024 report of the UN Group of Experts and in reports from other countries across the region as being responsible for or complicit in recent serious abuses by their forces or those for which they have command responsibility;

    18. Urges the European External Action Service (EEAS), the Member States and the Government of the DRC to take immediate action to prevent sexual violence and improve care for survivors, including by adapting the national legal framework to guarantee access to medical abortion care; draws attention to the health needs of pregnant women, notably those who are displaced and out of reach of medical support; calls on the EEAS and the Member States to further prioritise the disbursement of humanitarian support for women and girls in the region;

    19. Calls on the Commission to continue supporting anti-corruption efforts and the strengthening of governance in the DRC;

    20. Commends the Prosecutor of the ICC’s announcement that the ICC will continue to investigate alleged crimes committed by any person, irrespective of affiliation or nationality; reiterates the EU’s unwavering support for the ICC and calls on the Council and Commission to fulfil their obligations to ensure the functioning and effectiveness of the ICC;

    21. Reiterates its full support for MONUSCO in protecting civilians and stabilising the region; urges the EU to cooperate with all actors on the ground, in particular MONUSCO, to ensure the protection of civilians in the eastern DRC; calls on the UN to work towards a stronger mandate for MONUSCO in order to enable peacemaking; calls on the UN to ensure the protection of civilians and respect for international humanitarian law, particularly given the increased risk of gender-based violence, and to preserve the safety of humanitarian staff, health workers and medical facilities;

    22. Calls on the UN to take immediate and specific measures to protect Panzi Hospital and its patients and staff;

    23. Welcomes the special session of the UN Human Rights Council of 7 February 2025 on the human rights situation in the east of the DRC; supports the establishment of an independent commission of inquiry into serious violations committed since January 2022;

    24. Reiterates its condemnation of hate speech and xenophobia, as well as ethnic-based politics; underlines that all those responsible for sustaining armed conflict, instability and insecurity in the DRC must be held accountable;

    25. Is concerned about the consequences of Russian interference in the conflict and more widely in the region, and about the increasing presence of disinformation campaigns; condemns, in particular, efforts by Russia to foster anti-Western sentiment through the dissemination of fake news on social media about Western players;

    26. Expresses its concern about the increasing presence of Chinese actors in the mining sector of the DRC and the region acting without respect for economic and social responsibilities, and recalls that European industries and companies in the region will only have long-term security of supply if a long-lasting and peaceful solution to the conflict is found;

    27. Recalls that only an inclusive and regional approach will be able to address and tackle the multifaceted, long-standing problems in the region; strongly welcomes the joint SADC and EAC peace summit in Dar es Salaam on 8 February 2025; reiterates, in this regard, its full support for the Luanda and Nairobi processes and calls upon all Great Lake countries, in particular the DRC and Rwanda, to urgently pursue negotiations within these frameworks; emphasises that any solution must also address the root causes of the conflict, including, but not limited to, the illicit trafficking of natural resources; calls on the Commission and the Member States to fully support national and regional initiatives, such as the initiative of the Congolese Catholic and Protestant leaders, and the Luanda Process; underlines that regional organisations, such as the African Union, the SADC and the EAC, must play a central role in all of these efforts; underlines also that a lasting solution requires a reform of the DRC security sector, with a better organised DRC army and administration;

    28. Calls on the international community and all actors involved to use the Addis Ababa framework agreement and to organise an international conference for peace in the eastern DRC and the Great Lakes region; stresses that this ‘Business for Peace’ conference will have the unique feature of having the private sector around the peace negotiation table, since the war is about strategic minerals; underlines that business people can have significant leverage to push their countries to act for peace; believes that the business for peace approach can help us move forward in finding a solution;

    29. Calls for the cancellation of the 2025 International Cycling Union (UCI) Road World Championships in Kigali if Rwanda does not change course;

    30. Instructs its President to forward this resolution to the Council, the Commission, the Vice-President of the Commission / High Representative of the Union for Foreign Affairs and Security Policy, the Government and Parliament of Rwanda and of the Democratic Republic of the Congo, the African Union, the secretariats of the United Nations Organization Stabilization Mission in the Democratic Republic of the Congo, the Southern African Development Community and the East African Community, and other relevant international bodies.

    MIL OSI Europe News