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Category: Europe

  • Pant, Duckett hit career-highs in latest ICC Test rankings

    Source: Government of India

    Source: Government of India (4)

    India’s Rishabh Pant and England’s Ben Duckett have achieved career-best ratings in the latest ICC Men’s Test Batting Rankings following their impressive performances with the bat in the first Test at Headingley, according to the official ICC website.

    Pant became just the second wicket-keeper after Zimbabwe’s Andy Flower to score two centuries in the same Test match, scoring 134 and 118 in the thrilling Leeds contest that England won by five wickets. He earned a career-best rating, moving up one spot to seventh overall in the Test batting rankings.

    Duckett claimed Player of the Match honors for his innings of 62 and 149, also achieving a new career-best rating by jumping five places to eighth in the updated Test batting rankings.

    Duckett’s England teammates Ollie Pope (up three spots to 19th) and Jamie Smith (up eight places to 27th) also gained ground in this week’s rankings update. Meanwhile, India captain Shubman Gill moved up five spots to 20th overall after his century in the first innings of the match.

    England veteran Joe Root remains the No.1-ranked Test batter, with teammate Harry Brook his closest challenger.

     

    The drawn first Test between Sri Lanka and Bangladesh also saw a host of players improve their positions in the batting rankings, with Mushfiqur Rahim leading the way after his innings of 163 in Galle.

    Rahim gained 11 spots to reach 28th among Test batters, while teammate Najmul Hossain Shanto surged 21 places to 29th after scoring two centuries in the same match.

    There was little change in the latest Test bowlers’ rankings, with India’s pace spearhead Jasprit Bumrah maintaining his top position after another five-wicket haul in the Headingley Test.

    There was also joy for England captain Ben Stokes, who gained three spots to move up to fifth in the Test all-rounder rankings, following his strong contributions with both bat and ball in the same Test.

    Changes were also seen in the latest T20I rankings after the completion of the tri-series between Scotland, Nepal, and the Netherlands, which the hosts won in Glasgow.

    Netherlands’ dasher Michael Levitt rose 16 spots to 14th, and Scotland all-rounder Brandon McMullen moved up 20 places to joint-38th on the latest T20I batters list, while spinner Mark Watt climbed two spots to 38th in the T20I bowlers’ rankings.

    Nepal spinner Lalit Rajbanshi also made notable progress, jumping 29 places to 54th following his four wickets in the tri-series. 

    (ANI)

  • MIL-OSI United Kingdom: Letter to accounting officers in colleges: 25 June 2025

    Source: United Kingdom – Executive Government & Departments

    Correspondence

    Letter to accounting officers in colleges: 25 June 2025

    Letter from Andrew Thomas, Director of Funding and Financial Oversight at the Department for Education, to accounting officers in colleges.

    Applies to England

    Documents

    Letter to accounting officers: 25 June 2025

    PDF, 1.31 MB, 2 pages

    Details

    The letter includes information about the updated college financial handbook, published on 25 June 2025.

    Updates to this page

    Published 25 June 2025

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    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Letter to accounting officers in academy trusts: 25 June 2025

    Source: United Kingdom – Executive Government & Departments

    Correspondence

    Letter to accounting officers in academy trusts: 25 June 2025

    Letter from Andrew Thomas, Director of Funding and Financial Oversight at the Department for Education, to accounting officers in academies.

    Applies to England

    Documents

    Letter to accounting officers: 25 June 2025

    PDF, 1.32 MB, 2 pages

    Details

    The letter includes information about the academy trust handbook for 2025.

    It may also be of interest to:

    • boards of trustees
    • chief financial officers and executives

    Updates to this page

    Published 25 June 2025

    Sign up for emails or print this page

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Improving the safety of non-surgical cosmetic procedures

    Source: Scottish Government

    Measures to protect the public and establish industry standards.

    New proposals to improve safety and standards in the non-surgical cosmetic procedures sector have been set out as the Scottish Government publishes its response to a consultation on the issue. 

    The proposals, informed by over 2,200 responses and broad stakeholder engagement, intends to introduce a minimum age of 18 for all procedures and classify treatments into three distinct groups which will be regulated to reflect the associated risk:

    • group 1 procedures – such as microneedling and non-ablative laser treatments – will require both a premises licence and individual practitioner licences issued by local authorities
    • group 2 procedures – including injectables like Botox® and dermal fillers – will have to be supervised by a qualified health care professional in a setting regulated by Healthcare Improvement Scotland (HIS)
    • group 3 procedures – for instance, breast and buttock augmentation – will have to be performed by a qualified healthcare professional in an HIS-regulated setting

    The Scottish Government will take forward a combination of primary and secondary legislation to implement the proposals. A new Bill regulating Group 2 and Group 3 procedures will be introduced later this year. Secondary legislation under the Civic Government (Scotland) Act 1982 will establish the licensing regime for Group 1 procedures.

    Public Health Minister Jenni Minto said:

    “It is deeply upsetting to hear of cases where people have suffered as a result of non-surgical cosmetic procedures going wrong. 

    “The current gaps in regulation mean that anyone can perform most of these procedures without the need for any formal training or qualifications. These proposals reflect our determination to protect the public and ensure high standards across this growing industry.

    “I am particularly heartened by the broad support for action to make the sector safer, and we will continue to work closely with Healthcare Improvement Scotland, local authorities, and the wider industry to support a smooth and effective implementation.”

    Background

    The latest consultation built on a previous one in 2020 and put forward more detailed proposals for what that further regulation could look like. The recent consultation on the licensing and regulation of non-surgical cosmetic procedures received over 2,200 responses from individuals, businesses, professional bodies, and medical experts. There was widespread support for increased regulation to improve safety and accountability across the sector.

    The full consultation response and analysis are available at: https://www.gov.scot/isbn/9781836918271

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Schools champion climate education in drive to towards Net Zero

    Source: Scotland – City of Aberdeen

    Members of the Education and Children’s Services Committee were today (Tuesday 24 June) updated on the significant strides made by Aberdeen schools in educating young people about Climate Change, Biodiversity and the city’s Net Zero ambitions during the 2024-25 school session.

    The report, which detailed a wide range of impactful events and initiatives delivered across schools, as well as the continued efforts of the Youth Climate Change Group, was approved by committee with the exception of recommendation 2.3.  The full report can be viewed here.

    Councillor Martin Greig, convener, of the Education and Children’s Services Committee, said: “Our schools are playing a vital role in preparing young people to meet the challenges of the climate emergency. Through innovative learning and strong partnerships, we are empowering the next generation to lead the way towards a more sustainable and equitable future for Aberdeen and beyond.”

    Councillor Jessica Mennie, vice-convener of the Education and Children Services Committee, said: “The enthusiasm and creativity shown by our young people in tackling climate change is truly inspiring. By embedding sustainability into everyday learning and supporting youth-lead initiatives, we are not only educating but also encouraging future leaders to help shape a greener Aberdeen.”

    Aberdeen’s schools continue to embrace the Learning for Sustainability (LfS) agenda, integrating sustainable development, biodiversity, climate change, outdoor learning, and global citizenship into the Curriculum for Excellence.

    These themes are explored through interdisciplinary learning, project-based learning, science, social studies, and outdoor education, empowering young people to take meaningful action for a better future. Aberdeen now has 11 schools that are recognised as Eco Schools and awarded Green Flag status by Keep Scotland Beautiful.

    St Joseph’s RC School won the Scottish Fair Trade ‘In the Bag’ award in recognition of its 10-year commitment to fair and ethical trade, including being the first school in Scotland to commit to supporting and working with communities in India.

    The Youth Climate Change Group remains a vital platform for pupil voice and leadership and the committee thanked pupils for their significant efforts in promoting and actioning environmental work in school and citywide.

    Committee members agreed that this important area of focused activity should continue and instructed the Chief Officer for Education and Lifelong Learning to support the Youth Climate Change Group to collate and share a yearly summary of the most impactful projects in their schools, through means to be determined by the group, to inspire other young people across the city.

    The committee agreed that representatives from the Youth Climate Change Group should be invited to present the Climate Change report to committee in subsequent years.

    In partnership with the City Development and Regeneration Service, the Education Service will launch the ABZ Pipeline – a new initiative designed to create curriculum-linked pathways into the renewable sector.  This programme will connect learners with employers, offering real-world experiences and helping pupils align their career planning with Aberdeen’s green economy.

    Aberdeen for a Fairer World (AFW) continues to play a key role in supporting schools with climate-related activities. Their work includes developing projects with local authorities, ETZ, and employers, identifying skills and employment opportunities, and assessing the impact of in-school activities.

    A comprehensive record of school participation during Climate Week North East 2025 will be published in the summer term.

    Beyond the classroom, pupils are engaging in film screenings, workshops, barista events, and Fair Trade initiatives – demonstrating their commitment to sustainability and community action.  These efforts also contribute to wider achievement and support National Qualifications.

    These initiatives also align with the Local Outcome Improvement Plan (LOIP) Stretch Outcome 13, which aims to reduce Aberdeen’s carbon emissions by at least 61% by 2026. As the city works towards Net Zero by 2045, the continued focus on climate education and youth engagement is essential to building a resilient, sustainable future.

    The committee instructed the Chief Officer of Education and Lifelong Learning to provide a progress update within one calendar year. 

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Transition Day for Greenfield Academy

    Source: Scotland – City of Dundee

    Primary 7 pupils heading to Greenfield Academy have taken part in a special transition day at the Regional Performance Centre for Sport. 

    With Greenfield Academy set to open in August for the new school year, pupils from the feeder primary schools have gathered at the Regional Performance Centre (RPC) to mark this important step in their journey. 

    Over 300 new s1 pupils took part in a range of indoor and outdoor activities and had the opportunity to meet their new classmates and teachers. The activities were organised by the school in partnership with Dundee Active Schools, Community Learning and Development East Youth Team, and the Dundee Battalion Army Cadet Force. 

    Greenfield Academy is part of the new £100 million Drumgeith Community Campus, which is the largest investment in education, sport and community provision in the city and will deliver state-of-the-art facilities and services to the area. 

    Children, Families and Communities Convener Stewart Hunter said: “This is a really exciting time for our young people who will be attending the new Greenfield Academy. 

    “It’s great that even though they can’t go and do this at the school, they are still able to come together, get to know each other, and meet their future teachers.  

    “I know a lot of work has gone into making this possible, and I would like to thank everyone involved.” 

    Greenfield Academy Headteacher, Johnny Lothian said: “Our students are looking forward to taking the step to their new Secondary School and in August will become Greenfield Academy first-ever S1 intake. Already they are showing themselves to be a superb year group with great potential.” 

    The feeder primary schools are Claypotts Castle, Rowantree, Fintry, Ballumbie, Mill of Mains, and Longhaugh.  

    MIL OSI United Kingdom –

  • MIL-OSI Russia: All conditions for opening the second Lu Ban workshop in Kazakhstan will be ready by October of this year

    Translation. Region: Russian Federal

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

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

    BEIJING, June 25 (Xinhua) — All the conditions for opening the second Lu Ban workshop in Kazakhstan, located in the compass of the L.N. Gumilyov Eurasian National University, will be ready by October this year, the Tianjin Ribao (Tianjin daily) newspaper reported.

    Lu Ban’s workshop is a vocational education brand pioneered by Tianjin-based educational institutions. The decision to open a second workshop in Kazakhstan was announced in July 2024.

    According to the agreement signed between China and Kazakhstan, the Lu Ban Workshop, established by the Tianjin Vocational Institute and the Eurasian National University, will be designed to train specialists in the field of digital technologies.

    From June 23 to July 16, Tianjin Vocational Institute is holding a training course for teachers for the aforementioned workshop.

    At the same time, as reported in the Tianjin Ribao newspaper, the reconstruction work of the workshop premises is nearing completion. The first batch of training equipment was delivered to Kazakhstan and will be officially handed over to the Kazakh side in July of this year.

    Lu Ban’s first workshop in Kazakhstan opened in December 2023 at the East Kazakhstan Technical University. To date, more than 400 students in transport specialties have been trained there. -0-

    MIL OSI Russia News –

  • MIL-OSI Russia: Premier of the State Council of China: China is confident and capable of maintaining dynamic economic growth /detailed version – 1/

    Translation. Region: Russian Federal

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

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

    TIANJIN, June 25 (Xinhua) — China is confident in its strength and ability to maintain dynamic economic growth, Chinese Premier Li Qiang said Wednesday while addressing the opening ceremony of the 16th annual meeting of emerging global leaders of the World Economic Forum (WEF), also known as “Summer Davos”, in the north Chinese city of Tianjin.

    “For many years, regardless of changes in the international situation, the Chinese economy has maintained good momentum,” Li Qiang said.

    He noted that in the first quarter of 2025, China’s GDP grew by 5.4 percent, although external shocks became more numerous. “Key economic indicators continued to improve in the second quarter, and, as far as I know, international organizations have recently increased their forecasts for China’s economic growth,” the head of the Chinese government noted.

    According to him, China’s economic development is not short-term spurts, but a steady movement toward long-term goals. Li Qiang noted that China is moving toward becoming a high-income country, driven by strong demand for consumer upgrading in the country, which is the world’s second-largest consumer and import market.

    China aims to become a giant consumer powerhouse built on a solid foundation of manufacturing, the premier added, expressing confidence that China’s continuous breakthroughs and achievements in innovation will inject new impetus into global development, helping to overcome the global problem of economic slowdown.

    During the Summer Davos, WEF President Borge Brende shared his views on China’s economic prospects.

    “I am relatively optimistic about the Chinese economy in both the medium and long term. Although China has already diversified its economy, the country is still transforming from manufacturing goods to providing more services and digital trade. We are also seeing a lot of new technologies being applied. China is doing very well in artificial intelligence and robotics,” he said.

    Former British Prime Minister Tony Blair also drew attention to China’s impressive transformation in recent decades and called on other countries to try to understand and engage with China rather than isolate it. Deepening engagement is important, he said, with a particular focus on people-to-people exchanges in addition to government-to-government and business cooperation.

    This year’s Summer Davos was titled “Entrepreneurship in a New Era.” The event will run from June 24 to 26, bringing together more than 1,700 prominent politicians, businessmen, academics, and media representatives from more than 90 countries and regions around the world. -0-

    MIL OSI Russia News –

  • MIL-OSI Russia: Former Hunan CPPCC Vice Chairman Sentenced to Death with Reprieve for Bribery

    Translation. Region: Russian Federal

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

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

    GUANGZHOU, June 25 (Xinhua) — Dai Daojin, former deputy secretary of the Party leadership group and vice chairman of the Chinese People’s Political Consultative Conference (CPPCC) committee in central China’s Hunan Province, was sentenced to death with a two-year reprieve on Tuesday for accepting bribes.

    Dai Daojin was found to have accepted more than 107 million yuan (about $15 million) in bribes over a period of more than two decades, beginning in 2000.

    According to a statement from the Zhuhai Intermediate People’s Court in Guangdong Province, Dai Daojin, while holding various positions in Hunan Province, assisted third parties in matters such as running businesses, concluding project contracts and promoting their careers.

    Dai Daojin was deprived of his political rights for life. All his personal property and illegal income were confiscated and retained by the state, the court said in its verdict. -0-

    MIL OSI Russia News –

  • MIL-OSI Russia: US started Iran nuclear crisis: Chinese envoy

    Translation. Region: Russian Federal

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

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

    UNITED NATIONS, June 25 (Xinhua) — It was the United States that started the Iranian nuclear crisis, China’s permanent representative to the United Nations Fu Cong said Tuesday in response to Iran’s accusations at a UN Security Council meeting.

    The Chinese side noted that some Security Council members do nothing but accuse Iran of violating non-proliferation obligations, trying to justify military actions by Israel and the United States, he noted.

    “China would like to remind these countries of the following basic facts: It was the United States that started the Iranian nuclear crisis,” Fu Cong said.

    He added that the US unilaterally withdrew from the Iran nuclear deal in 2018. Washington has since reimposed and strengthened unilateral sanctions against Iran and adopted “maximum pressure” measures that have prevented Tehran from reaping the economic dividends provided by the agreement and forced Tehran to reduce its commitments under the deal.

    The United States also, to the detriment of its own authority, launched military strikes on Iranian nuclear facilities, undermining the negotiation process it had started and leading the Iranian nuclear issue to another dead end, which led to a sharp aggravation of the situation in the region, he said.

    Iran’s sincerity in resolving nuclear crisis should be appreciated, Chinese diplomat says

    He noted that Iran still continues to fulfill its non-proliferation obligations and the comprehensive safeguards agreement. Tehran has repeatedly stated that it does not seek to develop nuclear weapons.

    According to Fu Cong, Iran has held several rounds of professional and pragmatic negotiations with the US in a constructive manner and has never given up on its diplomatic efforts. However, some countries, by one-sidedly citing the report of the Director General of the International Atomic Energy Agency (IAEA) and ignoring the positive aspects of Iran’s cooperation with the agency, sought to pass a resolution by the IAEA Board of Governors without proper consultation. According to him, this jeopardizes the atmosphere of dialogue, increasing tension and confrontation. “These countries should carefully consider the negative consequences of their irresponsible move,” he said.

    Israel and the United States resorted to the use of force against Iran on the basis of “possible future threats,” which is a serious violation of international law and Iran’s sovereignty. The attacks on Iranian nuclear facilities under IAEA safeguards set a bad precedent that threatens the international non-proliferation regime. China once again unequivocally condemns this, the PRC representative noted.

    The above-mentioned actions have also undermined diplomatic efforts to resolve the Iranian nuclear issue and created a high degree of uncertainty regarding the implementation of Security Council Resolution 2231. China is seriously concerned, Fu Cong concluded. –0–

    MIL OSI Russia News –

  • MIL-OSI Russia: Fuel shortages, fighting threaten Gaza water supplies – UN

    Translation. Region: Russian Federal

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

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

    UNITED NATIONS, June 25 (Xinhua) — United Nations humanitarian officials warned Tuesday that the death toll, including among children, will rise if the blockade of fuel supplies to Gaza continues, amid reports of continued shelling of Gazans at aid distribution sites.

    The UN Office for the Coordination of Humanitarian Affairs (OCHA) reported that the death toll in Gaza continues to rise in the ongoing conflict with Israel, including cases of shelling of civilians near humanitarian aid distribution points outside UN control, as well as along routes designated by the Israeli authorities for the delivery of humanitarian supplies.

    The United Nations Children’s Fund (UNICEF) said last week that if the current blockade of fuel supplies to Gaza, which has lasted for more than 100 days, is not lifted, children will begin to die of thirst.

    The number of children hospitalized for acute malnutrition increased by almost 50 percent in May compared to April, the organization said, highlighting the urgent need for drinking water as the infrastructure for its production has been largely destroyed.

    Humanitarian officials have also expressed grave concern about the mental health of children in Gaza.

    The UN and its partners have deployed more than 2,000 specially trained staff to provide psychological support, OCHA said. –0–

    MIL OSI Russia News –

  • MIL-OSI Russia: China’s UN envoy calls for return to political settlement of Iranian nuclear issue

    Translation. Region: Russian Federal

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

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

    UNITED NATIONS, June 25 (Xinhua) — China’s permanent representative to the United Nations Fu Cong called on the Security Council on Tuesday for a return to the path of a political settlement of the Iranian nuclear issue.

    China believes there is still hope for a peaceful resolution to the issue as diplomatic means have not been exhausted, he said.

    According to the Permanent Representative, all parties need to learn lessons from the crisis, resume dialogue on an equal basis and facilitate a return to the path of political settlement.

    First of all, the fighting should stop, he said, adding that China had taken into account the current events in the region and hoped for a real ceasefire.

    “The parties concerned must take practical measures to prevent the situation from escalating again. At the same time, the international community must make efforts to defuse the situation and promote dialogue and negotiations,” the diplomat said.

    To maintain a balance between nuclear non-proliferation and peaceful uses of the atom, he called on Iran to continue to fulfill its commitment not to develop nuclear weapons and on all other parties to fully respect Iran’s right as a party to the Nuclear Non-Proliferation Treaty to peaceful uses of nuclear energy.

    Noting that China supports all efforts to resume talks, Fu Cong said the Security Council should play a constructive role in helping the parties build trust, overcome differences and create conditions conducive to the resumption of talks.

    He stressed that the countries concerned should refrain from threatening to return to sanctions against Iran on every occasion, as this would only exacerbate tensions and confrontation and put diplomatic efforts at further risk.

    “A proper solution to the Iranian nuclear issue has a direct bearing on the credibility and effectiveness of the international non-proliferation regime and is of crucial importance to peace and stability in the Middle East,” Fu Cong stressed.

    “The situation in the region is currently at an important critical stage. China calls on all parties to act urgently and responsibly to de-escalate the situation and resume negotiations as soon as possible,” the diplomat added.

    As a permanent member of the Security Council and a party to the Joint Comprehensive Plan of Action on the Iranian nuclear program (JCPOA), China will continue to adhere to an objective and impartial position, strengthen communication and coordination with all parties, enhance cooperation and advocate justice, so as to play a constructive role in restoring peace in the Middle East and advancing a political settlement of the Iranian nuclear issue, the Permanent Representative concluded. –0–

    MIL OSI Russia News –

  • MIL-OSI Russia: China Eastern Airlines Launches Xi’an-Istanbul Direct Flight

    Translation. Region: Russian Federal

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

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

    ISTANBUL, June 25 (Xinhua) — A China Eastern Airlines flight carrying more than 200 passengers landed at Istanbul Airport at around 7:00 a.m. local time on Tuesday, marking the launch of the airline’s new direct route between northwest China’s Xi’an and Istanbul, Turkey.

    This is the airline’s second direct route connecting China and Turkey, after Shanghai-Istanbul. According to the Shanghai-based airline, the new route is operated by a wide-body Airbus A330 aircraft three times a week – on Tuesdays, Fridays and Sundays.

    At the opening ceremony of the first return flight from Istanbul at the airport on Tuesday morning, China’s Deputy Consul General in Istanbul Wu Jian called the opening of the new route an important step in building a convenient “air Silk Road” between the two historic cities.

    According to him, the new route will undoubtedly give new impetus to the development of Chinese-Turkish economic cooperation, cultural exchanges, as well as the joint promotion of the Belt and Road Initiative. –0–

    MIL OSI Russia News –

  • MIL-OSI Russia: Second stage of China’s largest offshore gas field commissioned

    Translation. Region: Russian Federal

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

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

    BEIJING, June 25 (Xinhua) — China National Offshore Oil Corp. (CNOOC) said Wednesday that the second phase of its Shenhai-1 (Deepwater-1) gas field in the South China Sea has begun production, marking the completion of the country’s largest such project.

    According to the corporation, annual gas production at this field is expected to exceed 4.5 billion cubic meters, reaching the maximum design value.

    The geological reserves of the Shenhai-1 field amount to more than 150 billion cubic meters. Gas production has been carried out here since June 2021, when the first stage of the project was commissioned.

    Natural gas produced at the field is transported to coastal terminals in the Hong Kong Special Administrative Region, Sanya City in Hainan Province and Zhuhai City in Guangdong Province, supplying key economic regions and integrating into the state gas pipeline network.

    Shenhai-1 is the country’s most complex deepwater gas field project. It is being developed under the highest temperatures and pressures ever encountered in inland shelf exploration. The maximum operating depth exceeds 1,500 m, and the deepest wells are 5,000 m.

    Project manager Liu Kang said the production infrastructure and technology system formed as part of the project will help carry out comprehensive deep-sea oil and gas exploration in the future, increasing the role of marine resources in ensuring the country’s energy supply. -0-

    MIL OSI Russia News –

  • MIL-OSI Russia: Silver Mercury: GUU student receives award for creative idea for Avito

    Translation. Region: Russian Federal

    Source: State University of Management – Official website of the State –

    A student from the State University of Management took third place in the youth award at the largest marketing and advertising festival Silver Mercury.

    The competition brought together 144 projects from participants from 15 cities in Russia and other countries, since all defenses took place online, this allowed us to go beyond geographical boundaries.

    As part of the competition, talented students and creators solved real business cases and received expert assessment. The tasks for the participants were set by Magnit, SIBUR, Avito, Samolet, the TV channel “Friday!” and GPM Reklama, whose representatives closely followed the progress of the competition, participated in the discussions and already at the early stage of voting began to discuss the possible implementation of ideas.

    The project of 3rd year student of the State University of Management Dmitry Trofimov took third place in solving a case from Avito on attracting subscribers to the company’s social networks using a digital project.

    “I suggested creating a clicker game based on Telegram and came up with a bright character for the brand – the parrot Otiv. The application provided a system of motivation, bonuses and internal competitions aimed at engaging and retaining players. In addition to the game, an outreach strategy was thought out. The jury appreciated the boldness of the approach and creativity, and also noted that Otiv has every right to become a full-fledged Avito mascot,” Dmitry shared.

    We congratulate our student on his award and wish him inspiration, new ideas and further success!

    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 Canada: Prime Minister Carney meets with Prime Minister of Estonia Kristen Michal

    Source: Government of Canada – Prime Minister

    Today, the Prime Minister, Mark Carney, met with the Prime Minister of Estonia, Kristen Michal, on the margins of the North Atlantic Treaty Organization (NATO) Summit in The Hague, the Netherlands.

    The prime ministers underscored the strong and dynamic relationship between Canada and Estonia. They discussed opportunities to strengthen shared priorities – including in commerce, defence, and energy – and to bolster co-operation on critical minerals.

    The two leaders underscored their steadfast support for Ukraine and agreed on the imperative of achieving a just and lasting peace.

    Prime Minister Carney outlined Canada’s plan to rebuild, rearm, and reinvest in the Canadian Armed Forces – meeting the NATO 2 per cent target this year and accelerating defence investments in the years ahead.

    Prime Minister Carney and Prime Minister Michal agreed to remain in close contact.

    Associated Link

    MIL OSI Canada News –

  • MIL-OSI Asia-Pac: SFST looks for more co-operation opportunities with AIIB member states at its 10th Annual Meeting of Board of Governors in Beijing (with photos)

    Source: Hong Kong Government special administrative region

    SFST looks for more co-operation opportunities with AIIB member states at its 10th Annual Meeting of Board of Governors in Beijing  
         Speaking at the side event on “Implementing the International Financial Reporting Standards – Sustainability Disclosure Standards (ISSB Standards) from the Ground Up: The AIIB Journey”, Mr Hui noted that while the AIIB is one of the first multilateral development banks to adopt the ISSB Standards, Hong Kong was also confirmed by the International Financial Reporting Standards Foundation earlier this month as among the initial set of jurisdictions having set a target of fully adopting the ISSB Standards.
     
         He said, “By aligning with a global standard, we ensure international comparability of our data. This not only boosts investor confidence but also creates a strong foundation for new opportunities. The Hong Kong Special Administrative Region Government will continue to work in collaboration with financial regulators and stakeholders to support the pragmatic implementation of the ISSB Standards through enhancing capacity building and promoting the use of technological solutions.”
     
         This afternoon, Mr Hui also spoke on “Fostering Development and Infrastructure Connectivity” at the Governors’ Business Roundtable. He shared with delegations from other member states Hong Kong’s efforts in fostering development in sustainable finance as well as developing diverse and innovative financial products. The latter includes the roll-out of the Infrastructure Bond Programme and the issuance of infrastructure loan-backed securities by the Hong Kong Mortgage Corporation Limited (HKMC) with the AIIB as an anchor investor. He told the delegations that a third issuance by the HKMC can be expected this year.
     
         At the AIIB President’s Reception and the Special Session of the Board of Governors’ meeting held yesterday (June 24), Mr Hui met with the President of the AIIB, Mr Jin Liqun, and the President-elect of the AIIB, Ms Zou Jiayi. He also met financial officials of other member states to update them on Hong Kong’s latest developments in green and sustainable finance, and the recent vibrant financial market situation.
     
         In addition, Mr Hui held bilateral meetings separately with delegations from Egypt, Germany and Poland on the sidelines of the Annual Meeting to explore opportunities for further co-operation.
     
         During his stay in Beijing, Mr Hui met with the President of the Industrial and Commercial Bank of China, Mr Liu Jun, and the Chief Financial Officer of the China Construction Bank, Mr Sheng Liurong. He will return to Hong Kong tonight.
    Issued at HKT 17:41

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-OSI Europe: Press release – Cohesion: responding to new challenges, but focus still needed on regional inequalities

    Source: European Parliament

    The Regional Development Committee adopted its position on proposals to introduce new priorities and flexibilities to the current EU cohesion funding cycle.

    MEPs from the Regional Development Committee broadly endorse, in a report adopted on Wednesday with 26 votes in favour, 10 against, and 5 abstentions, a Commission proposal to adapt the EU’s cohesion policy priorities in the period 2021–2027 while introducing some targeted changes to ensure that the main cohesion policy principles remain in place.


    New priorities and flexibilities

    MEPs backed the proposed introduction of new objectives that would be eligible for cohesion funds, namely defence industrial capabilities and military mobility, water resilience, affordable housing, decarbonisation, and energy infrastructure. They also agreed to channel some of the funds into EU competitiveness, particularly to the Strategic Technologies for Europe Platform (STEP), and to extra support for EU regions bordering Russia, Belarus and Ukraine.

    MEPs also supported more favourable funding conditions, including the possibility of 100% co-financing, 30% pre-financing and a further pay-off of 9.5% of the total funding for reallocations to the new priorities in 2026 if at least 15% of funds are reallocated to them. MEPs propose lowering this threshold to 10%.


    MEPs call for preparedness investments

    In their amendments, MEPs want to prioritise dual-use infrastructure (suitable for civilian and military use) when funding the defence industry and military mobility. On water management, they want to broaden the scope of support to include integrated water management (for example, irrigation and desalination). MEPs also want to make housing sustainability a priority, and allow funds to go to the protection of critical energy infrastructure and civil preparedness infrastructure.

    To ensure cohesion policy’s focus on reducing inter-regional inequalities is maintained, MEPs want to update the rules such that only less developed and transition regions can access the new funding for defence and decarbonisation. They also changed a provision that would allow support to go to larger companies to specify that this can only happen when the companies commit to local employment. MEPs added a measure ensuring the consent of local and regional authorities is still needed for the transferring of already-planned territorial development funds to other purposes.

    MEPs emphasise that the new flexibilities cannot be applied to cohesion funding frozen under the EU’s conditionality regulation for violations of EU values or the rule of law.


    Quote

    After the vote, rapporteur and Committee Chair Dragoș Benea (S&D, Romania) said: “Parliament is stepping up to deliver concrete answers to citizens living in border regions, to families struggling to find affordable housing, and to communities facing the challenges of the green transition. By adapting the rules of cohesion policy to today’s emerging priorities, without undermining the core mission of territorial solidarity, we reaffirm our commitment to ensuring no region and no European citizen is left behind.”


    Next steps

    Negotiations with the Council were authorised with 31 in favour, 9 against, and 1 abstention. They will be announced during Parliament’s July 7-11 plenary session, and if there are no objections, they can proceed.


    Background

    The Commission’s proposal would amend the European Regional Development Fund, Cohesion Fund and Just Transition Fund. The Commission estimates that it will lead to €16.1bn in additional pre-financing paid out in 2026. The proposal does not introduce new resources, so these funds are front-loaded from subsequent years.

    In parallel, the Employment and Social Affairs Committee is discussing similar proposals in the context of the European Social Fund +.

    MIL OSI Europe News –

  • MIL-OSI Europe: Press release – Cohesion: responding to new challenges, but focus still needed on regional inequalities

    Source: European Parliament

    The Regional Development Committee adopted its position on proposals to introduce new priorities and flexibilities to the current EU cohesion funding cycle.

    MEPs from the Regional Development Committee broadly endorse, in a report adopted on Wednesday with 26 votes in favour, 10 against, and 5 abstentions, a Commission proposal to adapt the EU’s cohesion policy priorities in the period 2021–2027 while introducing some targeted changes to ensure that the main cohesion policy principles remain in place.


    New priorities and flexibilities

    MEPs backed the proposed introduction of new objectives that would be eligible for cohesion funds, namely defence industrial capabilities and military mobility, water resilience, affordable housing, decarbonisation, and energy infrastructure. They also agreed to channel some of the funds into EU competitiveness, particularly to the Strategic Technologies for Europe Platform (STEP), and to extra support for EU regions bordering Russia, Belarus and Ukraine.

    MEPs also supported more favourable funding conditions, including the possibility of 100% co-financing, 30% pre-financing and a further pay-off of 9.5% of the total funding for reallocations to the new priorities in 2026 if at least 15% of funds are reallocated to them. MEPs propose lowering this threshold to 10%.


    MEPs call for preparedness investments

    In their amendments, MEPs want to prioritise dual-use infrastructure (suitable for civilian and military use) when funding the defence industry and military mobility. On water management, they want to broaden the scope of support to include integrated water management (for example, irrigation and desalination). MEPs also want to make housing sustainability a priority, and allow funds to go to the protection of critical energy infrastructure and civil preparedness infrastructure.

    To ensure cohesion policy’s focus on reducing inter-regional inequalities is maintained, MEPs want to update the rules such that only less developed and transition regions can access the new funding for defence and decarbonisation. They also changed a provision that would allow support to go to larger companies to specify that this can only happen when the companies commit to local employment. MEPs added a measure ensuring the consent of local and regional authorities is still needed for the transferring of already-planned territorial development funds to other purposes.

    MEPs emphasise that the new flexibilities cannot be applied to cohesion funding frozen under the EU’s conditionality regulation for violations of EU values or the rule of law.


    Quote

    After the vote, rapporteur and Committee Chair Dragoș Benea (S&D, Romania) said: “Parliament is stepping up to deliver concrete answers to citizens living in border regions, to families struggling to find affordable housing, and to communities facing the challenges of the green transition. By adapting the rules of cohesion policy to today’s emerging priorities, without undermining the core mission of territorial solidarity, we reaffirm our commitment to ensuring no region and no European citizen is left behind.”


    Next steps

    Negotiations with the Council were authorised with 31 in favour, 9 against, and 1 abstention. They will be announced during Parliament’s July 7-11 plenary session, and if there are no objections, they can proceed.


    Background

    The Commission’s proposal would amend the European Regional Development Fund, Cohesion Fund and Just Transition Fund. The Commission estimates that it will lead to €16.1bn in additional pre-financing paid out in 2026. The proposal does not introduce new resources, so these funds are front-loaded from subsequent years.

    In parallel, the Employment and Social Affairs Committee is discussing similar proposals in the context of the European Social Fund +.

    MIL OSI Europe News –

  • MIL-OSI Europe: Written question – Who decides on aid to Moldova? – E-002284/2025

    Source: European Parliament

    Question for written answer  E-002284/2025/rev.1
    to the Commission
    Rule 144
    Auke Zijlstra (PfE)

    On 5 June, Moldpress, the Moldovan Government’s official news agency, published an article quoting the Romanian chair of the EP delegation to the EU-Moldova Parliamentary Association Committee: ‘We will stand by the Republic of Moldova, just as they have stood by us. We will defend together the European path of the Republic of Moldova and Romania’s European path.’ In addition, the article states: ‘The official assured that our country will continue to receive support in the European integration process.’[1]

    In light of the above:

    • 1.Does the Commission also consider the European future of Romania and Moldova to be inextricably linked? How does this view fit with both historical and recent (political) developments in the two countries and their relations?
    • 2.What is the Commission’s take on the second statement above? This statement appears to be at odds with the nature of the facility for Moldova, which is based on conditional support.
    • 3.Can the Commission confirm that the decision on whether to grant financial assistance to Moldova indeed lies with the Commission?

    Submitted: 5.6.2025

    • [1] https://www.moldpres.md/eng/politics/mep-the-republic-of-moldova-will-receive-300-million-euros-pre-financing-from-the-growth-plan-shortly.
    Last updated: 25 June 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Written question – Who decides on aid to Moldova? – E-002284/2025

    Source: European Parliament

    Question for written answer  E-002284/2025/rev.1
    to the Commission
    Rule 144
    Auke Zijlstra (PfE)

    On 5 June, Moldpress, the Moldovan Government’s official news agency, published an article quoting the Romanian chair of the EP delegation to the EU-Moldova Parliamentary Association Committee: ‘We will stand by the Republic of Moldova, just as they have stood by us. We will defend together the European path of the Republic of Moldova and Romania’s European path.’ In addition, the article states: ‘The official assured that our country will continue to receive support in the European integration process.’[1]

    In light of the above:

    • 1.Does the Commission also consider the European future of Romania and Moldova to be inextricably linked? How does this view fit with both historical and recent (political) developments in the two countries and their relations?
    • 2.What is the Commission’s take on the second statement above? This statement appears to be at odds with the nature of the facility for Moldova, which is based on conditional support.
    • 3.Can the Commission confirm that the decision on whether to grant financial assistance to Moldova indeed lies with the Commission?

    Submitted: 5.6.2025

    • [1] https://www.moldpres.md/eng/politics/mep-the-republic-of-moldova-will-receive-300-million-euros-pre-financing-from-the-growth-plan-shortly.
    Last updated: 25 June 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Briefing – Economic Outlook Quarterly: Fragmented trade, untapped potential at home – 25-06-2025

    Source: European Parliament

    The EU’s trade-dependent economy faces uncertainty from global trade policy shifts, prompting calls to strengthen domestic demand. Economic growth forecasts for the years ahead have been downgraded, reflecting this uncertainty. Anticipatory trade to avoid US tariffs peaked in March 2025, as EU exports to the US rose by 59 % in the first quarter of 2025, but has subsided since. The final phase of the Next Generation EU recovery instrument is expected to support public investment and economic activity, but EU countries must step up efforts – in some cases significantly – to ensure full implementation of their national recovery and resilience plans by 31 August 2026.

    MIL OSI Europe News –

  • MIL-OSI Europe: Briefing – Economic Outlook Quarterly: Fragmented trade, untapped potential at home – 25-06-2025

    Source: European Parliament

    The EU’s trade-dependent economy faces uncertainty from global trade policy shifts, prompting calls to strengthen domestic demand. Economic growth forecasts for the years ahead have been downgraded, reflecting this uncertainty. Anticipatory trade to avoid US tariffs peaked in March 2025, as EU exports to the US rose by 59 % in the first quarter of 2025, but has subsided since. The final phase of the Next Generation EU recovery instrument is expected to support public investment and economic activity, but EU countries must step up efforts – in some cases significantly – to ensure full implementation of their national recovery and resilience plans by 31 August 2026.

    MIL OSI Europe News –

  • MIL-OSI Europe: Written question – Commission Recommendation for a Council Recommendation for the Netherlands budget and the economic risks of housing taxation – E-002277/2025

    Source: European Parliament

    Question for written answer  E-002277/2025/rev.1
    to the Commission
    Rule 144
    Auke Zijlstra (PfE)

    According to the Commission Recommendation of 4 June 2025 for a Council Recommendation on the economic, social, employment, structural and budgetary policies of the Netherlands, the Netherlands income tax system treats certain assets differently from others, which affects the distribution of capital and distorts economic decisions. The recommendations state that assets in the form of housing receive preferential treatment, which stimulates demand in the market for owner-occupied housing, but reduces the disposable income of households[1].

    This then exposes households to greater economic risk during economic shocks as disposable income is placed under pressure by high mortgage repayments during the mortgagor’s years of active employment.

    However, a recent European Parliament study found that, after Belgium, the Netherlands has the second lowest exposure to interest rate changes in the EU. Only 15 % of Dutch households have variable mortgage rates, which means that Dutch households are actually better armed against economic shocks and sudden increases in interest rates[2].

    • 1.Why did the Commission not take into account the stabilising factor of the high proportion of fixed-rate mortgages in the Netherlands in its assessment of economic risk?
    • 2.Does the Commission agree that, in times of economic downturn, owner-occupied housing is the best ‘store of value’ for families with average incomes, as opposed to share portfolios, for example?

    Submitted: 5.6.2025

    • [1] COM(2025)0219, recital 21.
    • [2] BERG, Tobias and HASELMANN, Rainer, Assessing real estate risks and vulnerabilities: Hidden cracks in the financial system?, Economic Governance and EMU Scrutiny Unit (EGOV) Directorate-General for Economy, Transformation and Industry, PE 764.351 – April 2025, p. 14.
    Last updated: 25 June 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Written question – Commission Recommendation for a Council Recommendation for the Netherlands budget and the economic risks of housing taxation – E-002277/2025

    Source: European Parliament

    Question for written answer  E-002277/2025/rev.1
    to the Commission
    Rule 144
    Auke Zijlstra (PfE)

    According to the Commission Recommendation of 4 June 2025 for a Council Recommendation on the economic, social, employment, structural and budgetary policies of the Netherlands, the Netherlands income tax system treats certain assets differently from others, which affects the distribution of capital and distorts economic decisions. The recommendations state that assets in the form of housing receive preferential treatment, which stimulates demand in the market for owner-occupied housing, but reduces the disposable income of households[1].

    This then exposes households to greater economic risk during economic shocks as disposable income is placed under pressure by high mortgage repayments during the mortgagor’s years of active employment.

    However, a recent European Parliament study found that, after Belgium, the Netherlands has the second lowest exposure to interest rate changes in the EU. Only 15 % of Dutch households have variable mortgage rates, which means that Dutch households are actually better armed against economic shocks and sudden increases in interest rates[2].

    • 1.Why did the Commission not take into account the stabilising factor of the high proportion of fixed-rate mortgages in the Netherlands in its assessment of economic risk?
    • 2.Does the Commission agree that, in times of economic downturn, owner-occupied housing is the best ‘store of value’ for families with average incomes, as opposed to share portfolios, for example?

    Submitted: 5.6.2025

    • [1] COM(2025)0219, recital 21.
    • [2] BERG, Tobias and HASELMANN, Rainer, Assessing real estate risks and vulnerabilities: Hidden cracks in the financial system?, Economic Governance and EMU Scrutiny Unit (EGOV) Directorate-General for Economy, Transformation and Industry, PE 764.351 – April 2025, p. 14.
    Last updated: 25 June 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Briefing – State of Play: EU support to Ukraine – 25-06-2025

    Source: European Parliament

    In response to Russia’s full-scale war of aggression against Ukraine, which started in February 2022, the European Union (EU) and its Member States have provided unprecedented financial, military and humanitarian support to Ukraine. According to European Commission figures, Team Europe, consisting of the EU and its Member States, has made available around €150 billion in support to Ukraine. This support encompasses macro-financial assistance, financial support through the Ukraine Facility, humanitarian aid and military assistance from Member States and the European Peace Facility, as well as support to Ukrainian refugees in the EU. The overall support of Team Europe for Ukraine is now greater than the support provided by the United States (US), except in terms of military support allocation. However, Team Europe has provided 83 % of the tanks and 76 % of the air defence systems given to Ukraine since the start of the full-scale war. The disbursement of EU payments under the Ukraine Facility is conditional on Ukraine implementing the Ukraine Plan – an ambitious reform and investment plan drafted by Ukraine’s government and endorsed by the EU. The Commission and the Ukrainian government publish updates on the progress of the reforms and on the disbursal of payments. In addition to the Ukraine Facility, the G7 have agreed upon a further €45 billion loan, with €18.1 billion to be financed by the EU. For this purpose, a Ukraine Loan Cooperation Mechanism has been established, which uses extraordinary revenues originating from Russian sovereign assets immobilised in the G7 member states to repay loans and associated interest costs. The rights, responsibilities and obligations provided for under the Ukraine Facility will apply to the G7 loan to ensure seamless management of both. The European Parliament has repeatedly called for confiscating the immobilised Russian sovereign assets to finance further support for Ukraine and the country’s reconstruction, instead of just relying on extraordinary revenues. International financial institutions, such as the International Monetary Fund, play a key role in addressing external financing needs and supporting the country’s macroeconomic stability.

    MIL OSI Europe News –

  • MIL-OSI Europe: Briefing – State of Play: EU support to Ukraine – 25-06-2025

    Source: European Parliament

    In response to Russia’s full-scale war of aggression against Ukraine, which started in February 2022, the European Union (EU) and its Member States have provided unprecedented financial, military and humanitarian support to Ukraine. According to European Commission figures, Team Europe, consisting of the EU and its Member States, has made available around €150 billion in support to Ukraine. This support encompasses macro-financial assistance, financial support through the Ukraine Facility, humanitarian aid and military assistance from Member States and the European Peace Facility, as well as support to Ukrainian refugees in the EU. The overall support of Team Europe for Ukraine is now greater than the support provided by the United States (US), except in terms of military support allocation. However, Team Europe has provided 83 % of the tanks and 76 % of the air defence systems given to Ukraine since the start of the full-scale war. The disbursement of EU payments under the Ukraine Facility is conditional on Ukraine implementing the Ukraine Plan – an ambitious reform and investment plan drafted by Ukraine’s government and endorsed by the EU. The Commission and the Ukrainian government publish updates on the progress of the reforms and on the disbursal of payments. In addition to the Ukraine Facility, the G7 have agreed upon a further €45 billion loan, with €18.1 billion to be financed by the EU. For this purpose, a Ukraine Loan Cooperation Mechanism has been established, which uses extraordinary revenues originating from Russian sovereign assets immobilised in the G7 member states to repay loans and associated interest costs. The rights, responsibilities and obligations provided for under the Ukraine Facility will apply to the G7 loan to ensure seamless management of both. The European Parliament has repeatedly called for confiscating the immobilised Russian sovereign assets to finance further support for Ukraine and the country’s reconstruction, instead of just relying on extraordinary revenues. International financial institutions, such as the International Monetary Fund, play a key role in addressing external financing needs and supporting the country’s macroeconomic stability.

    MIL OSI Europe News –

  • MIL-OSI Europe: Highlights – DEVE Delegation at the 4th Financing for Development Conference (FfD4) in Sevilla – Committee on Development

    Source: European Parliament

    4th international conference on Financing for Development in Sevilla © UN

    A 4-Member DEVE delegation will travel to the 4th Financing for Development Conference (FfD4) in Sevilla, from Monday 30th June to Wednesday 2nd July. The purpose of the delegation is to exchange views with all stakeholders, to provide political stimulus for far-reaching reforms of the international financial architecture, to help put financing for development on a more solid foundation, and to send a message in support of the parliamentary dimension of democracy and of multilateralism.

    MIL OSI Europe News –

  • MIL-OSI Europe: Missions – DEVE Delegation at the 4th Financing for Development Conference (FfD4) in Sevilla – 30-06-2025 – Committee on Development

    Source: European Parliament

    A 4-Member DEVE delegation will travel to the 4th Financing for Development Conference (FfD4) in Seville, from Monday 30th June to Wednesday 2nd July. The purpose of the delegation is to exchange views with all stakeholders, to provide political stimulus for far-reaching reforms of the international financial architecture, to help put financing for development on a more solid foundation, and to send a message in support of the parliamentary dimension of democracy and of multilateralism.

    FfD4 follows on from the Third International Conference on Financing for Development in Addis Ababa in 2015. It provides a unique opportunity to reform financing for development at all levels, be it reform of the international financial architecture, debt relief, taxation, domestic resource mobilisation, private sector financing, and others. The conference is timely, as there is a strong sense of urgency to take action: the SDGs are grossly underfinanced (the financing gap stands now at over 4 trillion USD annually), and at the same time cuts in ODA are being envisaged or already implemented in many donor countries. Conferences such as FfD4 are the only spaces where leaders from all governments, along with international and regional organisations, financial and trade institutions, businesses, civil society and the UN System unite at the highest levels, to foster stronger international cooperation.

    MIL OSI Europe News –

  • MIL-OSI Europe: Burundi: Inauguration of Jiji hydroelectric power plant – a huge step towards energy self-sufficiency

    Source: European Investment Bank

    EIB

    The President of the Republic of Burundi today officially inaugurated the Jiji hydroelectric power plant, in the presence of a large delegation of national authorities and representatives of the development partners that co-financed the project. Located in Bururi province, this large-scale infrastructure marks a key step forward in the country’s pursuit of energy self-sufficiency. It is also a strong signal for an investment-friendly climate to ensure more inclusive and sustainable economic development for Burundi.

    With the Mulembwe plant to be completed in the coming months, the two plants will have an installed capacity of 49.5 megawatts and estimated annual production of 235 gigawatt hours of clean energy. They will provide electricity to 15 000 households, 7 000 businesses and 1 700 industrial facilities. This new capacity will not only improve access to electricity for thousands of people, but will also boost productivity in key sectors such as health, education, agribusiness and ICT.

    The construction of these two plants at a total cost of $320 million was made possible thanks to strong cooperation between the Burundi government and the development partners – the African Development Bank (AfDB), the European Investment Bank (EIB), the World Bank (WB) and the European Union (EU).

    Speaking at the inauguration, AfDB Country Manager in Burundi Pascal Yembiline said: “As a longstanding partner of Burundi, the African Development Bank is proud to have contributed to the implementation of this infrastructure project, which is fully in line with its strategic priorities, the Hi-5s. We are convinced that this flagship infrastructure will increase access to reliable and affordable energy and help create a sustainably prosperous Burundi.”

    Head of the EIB Regional Hub for East Africa Edward Claessen said: “The fact that the Jiji and Mulembwe dam project is a renewable energy project, reducing dependence on imported fossil fuels, is particularly significant. Our financing for this project formed part of the European Union’s strategy to develop clean, sustainable infrastructure in Africa and is also aligned with decarbonisation efforts needed by companies to grow.”

    World Bank Representative in Burundi Hawa Cisse Wagué added that: “The Jiji hydroelectric power plant and the lines and substations built as part of the project are not infrastructure like any other. This infrastructure helps ensure Burundi’s economic and social development. It is a key driver to improve people’s access to energy as well as supporting industrialisation, job creation and economic growth.”

    EU Ambassador and Head of Delegation to Burundi Elisabetta Pietrobon stressed that: “Energy remains a central priority in development and thus in EU cooperation. This is why the European Union, its Member States and its institutions have supported this project from the very beginning, including funding for the various design and implementation phases, right up to the deployment of infrastructure and equipment. ”

    All of Burundi’s development partners unanimously confirmed their commitment to supporting the country in its transformation efforts on the road to achieving its strategic vision: to become an emerging country by 2040 and a developed country by 2060.

    Since the start of the construction phase, the project has created several hundred jobs, boosting the local economy while strengthening the technical capacities of the surrounding communities. Its entry into operation marks the beginning of a new cycle of opportunities, both in the energy sector and in other strategic areas. With more reliable, accessible and affordable energy, small and medium businesses will now have better conditions to develop, generate jobs and make a lasting contribution to the country’s economic growth. At the same time, the commissioning of the dam will help to create a trusting environment for investors, the people of Burundi and foreigners alike.

    Background information

    About EIB Global

    The European Investment Bank (ElB) is the long-term lending institution of the European Union, owned by its Member States. It finances investments that contribute to EU policy objectives.

    EIB Global is the EIB Group’s specialised arm devoted to increasing the impact of international partnerships and development finance, and a key partner of Global Gateway. We aim to support €100 billion of investment by the end of 2027 — around one-third of the overall target of this EU initiative. Within Team Europe, EIB Global fosters strong, focused partnerships alongside fellow development finance institutions and civil society. EIB Global brings the EIB Group closer to people, companies and institutions through our offices across the world. High-quality, up-to-date photos of our headquarters for media use are available here.

    http://twitter.com/EIB

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    Inauguration of Jiji hydroelectric power plant: a huge step towards Burundi’s energy self-sufficiency

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    Inauguration of Jiji hydroelectric power plant: a huge step towards Burundi’s energy self-sufficiency

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    Inauguration of Jiji hydroelectric power plant: a huge step towards Burundi’s energy self-sufficiency

    ©EIB
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    Inauguration of Jiji hydroelectric power plant: a huge step towards Burundi’s energy self-sufficiency

    ©EIB
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    Burundi: Inauguration of Jiji hydroelectric power plant: a huge step towards energy self-sufficiency

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    Burundi: Inauguration of Jiji hydroelectric power plant: a huge step towards energy self-sufficiency

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