Category: European Union

  • MIL-OSI United Kingdom: Plans for future of Grangemouth

    Source: United Kingdom – Executive Government & Departments

    Press release

    Plans for future of Grangemouth

    Feasibility study published today sets out nine options for Grangemouth’s long term industrial future

    • Next steps to secure Grangemouth’s long-term future 

    • Nine low carbon and renewable options for the site identified in an independent report published today  

    • Plans to secure private investment and a long-term partnership with business backed by £200 million from the UK Government, and £25 million from the Scottish Government

    Plans to secure a long-term industrial future for Grangemouth have been stepped up as a feasibility study sets out nine options for its future.   

    The plan – which is backed by £200 million from the UK Government and £25 million from the Scottish Government – will support jobs, unlock investment and drive growth.   

    The £1.5 million feasibility study – published today by EY – follows the recent decision by Petroineos to decommission the oil refinery.    

    It has identified credible long-term industrial options for the Grangemouth site and explored how it can build on its skilled workforce, local expertise and long heritage as a fuel leader in Scotland to forge a new path in low carbon energy production.     

    The report provides nine proposals likely to attract private investment, including plastics recycling, hydrogen production and other projects that could create up to 800 jobs by 2040, grow the economy, and deliver on both Governments’ shared ambition to secure a long term future for Grangemouth.      

    To kickstart the process, Energy Minister Michael Shanks and Acting Cabinet Secretary for Net Zero and Energy Gillian Martin are co-chairing a meeting this morning (Wednesday 19 March) of the Grangemouth Future Industry Board with local industry leaders, Falkirk Council, trade bodies and unions. Scottish Enterprise and the UK Government’s Office for Investment will work with Petroineos to market the proposals set out in Project Willow and seek investor interest.     

    It follows the Prime Minister’s announcement last month of £200 million to help unlock Grangemouth’s full potential. First Minister John Swinney also announced £25 million to establish a Grangemouth Just Transition Fund, which will support businesses and stakeholders to bring forward investible propositions over the next 12 months for the site.   

    Energy Minister Michael Shanks said:   

    We committed to leaving no stone unturned in supporting an industrial future for Grangemouth delivering jobs and economic growth.   

    This report and the £200 million investment by the UK Government demonstrates that commitment.  

    We will build on Grangemouth’s expertise and industrial heritage to attract investors, secure a long-term clean energy future, and deliver on our Plan for Change.

    Scottish Secretary, Ian Murray, said:  

    The publication of the Project Willow report and the options it sets out marks a significant milestone in our commitment to deliver a long-term, sustainable future for the Grangemouth site which benefits the local community and the Scottish economy.  

    Working alongside the Scottish Government and local partners, we remain committed to supporting the skilled workforce at Grangemouth, and are already working to attract investors for the projects outlined in this report.  

    The Prime Minister recently announced a £200 million investment in Grangemouth through the National Wealth Fund which followed the £100 million Falkirk and Grangemouth Growth Deal, delivered jointly with the Scottish Government. Scotland is at the centre of our Plan for Change as we become a clean energy superpower over the next few years.

    First Minister John Swinney said: 

    We will leave no stone unturned in order to secure the future of the Grangemouth refinery site, and the Scottish Government has already committed or invested a total of £87 million to help do so. 

    Grangemouth is home to over a century of industrial expertise and employs thousands of highly skilled workers, placing the site at a massive competitive advantage and creating a unique opportunity for investors. 

    Everyone working at Grangemouth’s refinery – and in the wider industrial cluster – is a valued employee with skills that are key to Scotland’s economic and net zero future. 

    This report sets out a wide range of viable alternatives for the refinery site, demonstrating that a long term, new industrial future at Grangemouth is achievable. We will continue to work closely with the UK Government to realise these opportunities and Scottish Enterprise stands ready to support inward investors looking to progress any of these technologies.

    Alongside launching a search for investors, both governments have also committed to review the Project Willow policy recommendations and understand how government funding can be deployed to mature proposals from the private sector.  

    The £25 million Grangemouth Just Transition Fund and £200 million from the National Wealth Fund for co-investment are on top of existing investments to ensure the long-term economic future of the Grangemouth area and support the workforce. These include:  

    • The £100 million Falkirk and Grangemouth Growth Deal package, delivered jointly by the Scottish Government and UK Government, to support the community and its workers by investing in local energy projects to create new opportunities for growth in the region. 

    •  Joined up support from the Scottish Government and DESNZ to provide tailored skills support for refinery workers, this includes a training guarantee for all Grangemouth refinery staff to ensure that any worker who would like skills training at the local college is supported, with funding provided by the UK Government – this will help workers into new, good jobs with local employers.    

    Background information

    The nine projects include:  

    • Waste: hydrothermal upgrading (breaking down hard to recycle plastics), chemical plastics recycling, ABE biorefining (breaking down waste material)  

    • Bio-feedstock: breaking down Scottish timber into bioethanol, anaerobic digestion of bioresources and digestate pyrolysis, HEFA (conversion of Scottish cover crops into sustainable aviation fuel and renewable diesel using low carbon hydrogen).  

    • Offshore wind conduit: Replacing natural gas with hydrogen, using low carbon hydrogen to produce methanol and convert it to SAF, producing low carbon ammonia from hydrogen for shipping and chemicals.  

    Any National Wealth Fund investment will be subject to investible propositions and the Fund’s criteria – the proposition must deliver a positive return, drive regional and economic growth or support activity to tackle climate change, invest in key sectors, and crowd in private finance.

    Updates to this page

    Published 19 March 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Victims and survivors of terrorism to be given greater support

    Source: United Kingdom – Executive Government & Departments

    News story

    Victims and survivors of terrorism to be given greater support

    The government will set up a dedicated support hub to meet the needs of those affected by terrorism as well as consulting on a new national day.

    Image: Getty Images

    Victims and survivors of terrorism will receive strengthened support under new plans outlined by the government today. 

    As part of the Plan for Change, the government will set up a new dedicated support hub for victims and survivors, supporting their needs in the immediate and long-term aftermath of a terrorist attack.

    Proposals for a new national day for victims and survivors of terrorism will also be consulted on, helping the country to remember and honour those who have been tragically killed or impacted by terrorist attacks. 

    Security Minister, Dan Jarvis, said:

    The impact of a terrorist attack is long-lasting and evolving. Victims and survivors of terrorism need the highest levels of support to recover and rebuild their lives. These reforms will significantly enhance the support available to those affected.

    I would like to pay tribute to the bravery and courage of all those who helped to shape these reforms and pledge my commitment to ensuring victims and survivors of terrorism receive the support and recognition they deserve.

    The first duty of government is to keep our country safe, which is the foundation of our Plan for Change.

    Victims and survivors of terrorism have long campaigned for better recognition. Victims, survivors, their loved ones and the general public are all encouraged to offer their views to shape key aspects of the proposed national day including naming the day, date, and suggesting ways the day could be commemorated.

    Travis Frain OBE, survivor of the Westminster Bridge attack:

    Recognition and remembrance are key to building societal resilience against violent extremism, and I welcome today’s announcement that the government will be launching a consultation on the establishment of a ‘National Day of Remembrance for Victims of Terrorism’.

    This is something that I, and several other survivors, have been campaigning on for many years, and I’m pleased to see that this government recognises the importance of these issues and the role that they can play in facilitating the recovery of those impacted by horrific acts of terrorism.

    Brendan Cox, co-founder of Survivors Against Terror said:

    Survivors of terror attacks have been crying out for change for years. Today’s double announcement is a major step forward in giving survivors and victims the recognition they deserve and the support that they need.

    Terrorists aim to divide and weaken our society – our best response is to hold together – and stage one of that is looking after those who have suffered the most. 

    Other recommendations from the review will also be progressed including:

    • enhanced communications to victims to bolster awareness of the support package available to them
    • improving the support available for children and young people, to ensure they do not fall through the gaps

    Dr Cath Hill, survivor of the Manchester Arena attack:

    I wholeheartedly welcome this news. Sadly, we know as a society we are not immune from future terror attacks; therefore, it is essential that future survivors get the help and support they need.

    If we are to combat the devastation that terrorism can cause, as a society we must care for those who bear the brunt of these acts of terror. Developing a dedicated hub for support is a significant step forward and welcome by those of us who have campaigned for change.

    Cheryl Stollery (wife of the late John Stollery – Sousse, Tunisia) said:

    Today’s announcement is an important first step towards putting in place improved outcomes for all those impacted by terrorism, whether here in the UK or for UK citizens harmed in terrorism attacks overseas.

    As the survivor of a terrorist attack where my husband was killed, I know how important remembrance is so that our loved ones are not forgotten and we can come together and reflect on the importance of unity and gain strength in the face of adversity and terror.

    I am particularly keen to champion a Support Hub because I believe it will be a cornerstone for the future in being able to empower survivors to regain hope, strength, and resilience, not just in the weeks after the incident but also for the long term as needed.

    The reforms have been designed in response to direct engagement with victims and survivors, open-source literature reviews and learning from other countries’ approaches. 

    The Home Office Victims of Terrorism Unit will now work to deliver the findings of the review and will continue to engage with key stakeholders on progress. 

    This comes as the Terrorism (Protection of Premises) Bill, also known as Martyn’s Law, approaches its final stages in Parliament, delivering on the government’s manifesto commitment to strengthen the security of public events and venues.

    Updates to this page

    Published 19 March 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Appointment of Suffragan Bishop of Wakefield: 19 March 2025

    Source: United Kingdom – Executive Government & Departments

    Press release

    Appointment of Suffragan Bishop of Wakefield: 19 March 2025

    The King has approved the nomination of The Venerable Malcolm Leslie Chamberlain, Archdeacon of Sheffield and Rotherham, in the Diocese of Sheffield, to the Suffragan See of Wakefield in the Diocese of Leeds.

    The King has approved the nomination of The Venerable Malcolm Leslie Chamberlain, Archdeacon of Sheffield and Rotherham, in the Diocese of Sheffield, to the Suffragan See of Wakefield in the Diocese of Leeds.

    Background

    Malcolm was educated at the University of York and trained for ministry at Wycliffe Hall, Oxford. He served his title at St John’s Pleck and Bescot, Walsall, in the Diocese of Lichfield, and was ordained Priest in 1997. Malcolm was appointed Associate Minister at St Matthew and St James, Mossley Hill, in the Diocese of Liverpool in 1999, and additionally worked as Associate Anglican Chaplain at the University of Liverpool.

    In 2002 Malcolm was appointed as Anglican Chaplain to the University of Liverpool and an Emerging Church Consultant for the Diocese of Liverpool, a pioneering role that involved planting and leading a new worshipping community for young adults in Liverpool city centre. From 2008, he served as Priest-in-Charge at St Mary’s, Wavertree, and was appointed Rector in 2011. He was also appointed as Area Dean of Toxteth and Wavertree in 2012.

    In 2014 Malcolm was appointed to his current role as Archdeacon of Sheffield and Rotherham, in the diocese of Sheffield. He is a member of the College of Archbishops’ Evangelists, and has served on the Church of England’s General Synod since 2015 and Mission and Public Affairs Council since 2016.

    Malcolm is married to Jo, and they have two children in their early twenties. He collects vinyl records and enjoys going to gigs, and is a life-long supporter of Leicester City.

    Updates to this page

    Published 19 March 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: UN Human Rights Council 58: UK Statement for the Commission of Inquiry on Ukraine

    Source: United Kingdom – Executive Government & Departments

    Speech

    UN Human Rights Council 58: UK Statement for the Commission of Inquiry on Ukraine

    UK Statement for the Interactive Dialogue with the Commission of Inquiry on Ukraine. Delivered by the UK’s Permanent Representative to the WTO and UN, Simon Manley.

    Thank you, Mr Vice-President.

    Welcome Commissioners. Your reporting has made clear that, for as long as Russia pursues its aggression against Ukraine, the Ukrainian people will be subject to immense suffering. We are of course shocked by your latest report, which lays bare Russia’s brutal treatment of detainees. 

    You conclude that Russia has committed torture, including sexual violence. And, for the first time, that enforced disappearances committed by Russia amount to a crime against humanity. 

    We are deeply disturbed by the systematic use of sexual violence against male detainees, and by new evidence of the war crimes of rape and sexual violence perpetrated against female detainees.

    Detainees are subjected to abuses and, tragically, some have died. Their families are, understandably, in anguish. 

    This mistreatment is directed from the highest levels, pursuant to a coordinated Russian state policy. Evidence shows that Russian commanders gave orders to kill rather than take prisoners. 

    Commissioners, justice must be done.  

    We do, of course, encourage Ukraine to investigate fully your allegations against its authorities and armed forces.

    But let there be no doubt: there is no equivalence between Russia and Ukraine. As a direct result of Russian aggression, Ukrainians across the country have faced violations and abuses of their right to life.

    Russia must be held to account. We will stand with Ukraine for as long as this takes.

    Updates to this page

    Published 19 March 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Reappointment of a member to the Family Procedure Rule Committee

    Source: United Kingdom – Executive Government & Departments

    News story

    Reappointment of a member to the Family Procedure Rule Committee

    The Lord Chancellor has announced the reappointment of Robert Edwards as a member of the Family Procedure Rule Committee.

    The Lord Chancellor reappointed Robert Edwards as a member, nominated by Welsh Ministers to represent the interests of Welsh family proceedings officers, to the Family Procedure Rule Committee (FPRC) from 1 October 2024 until 28 February 2027.

    The Lord Chancellor also confirmed the decision of previous ministers to extend Mr Edward’s tenure from 1 March to 30 September 2024.

    The FPRC is a non-departmental public body, established – in 2004 – under the Courts Act 2003 (‘the Act’), to make Family Procedure Rules. Its aim is to make clear, easily understandable rules to create an accessible, fair, and efficient family justice system.

    Appointments to the FPRC are made under Section 77(2) of the Act. The Act provides that a member is nominated by the Welsh Ministers to represent the interests of Welsh family proceedings officers and appointed by the Lord Chancellor in consultation with the President of the Family Division.

    The appointment of the FPRC member, nominated by Welsh Ministers to represent the interests of Welsh family proceedings officers, is not regulated by the Commissioner for Public Appointments.

    Biography

    Robert Edwards is a lawyer at the Welsh Government and principal adviser to Cafcass Cymru, with responsibility for providing advice, representation and training to the organisation. Robert specialises in children law and previously worked in Welsh local authorities and private practice.

    Updates to this page

    Published 19 March 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Boost to National Minimum Wage and National Living Wage

    Source: United Kingdom – Executive Government & Departments

    News story

    Boost to National Minimum Wage and National Living Wage

    This change is another step towards creating a genuine living wage that supports millions of families across the country.

    The National Minimum and National Living wage are going up. 

    From April 1, those on the National Living Wage will get a payday boost worth £1,400 a year. 

    For an eligible full-time worker that’s around £25 a week or £100 a month. 

    If you’re a full-time worker on the National Minimum Wage, your pay could be boosted by £2,500 a year. 

    You’ll get it whether you’re in a full-time, part-time, or temporary role and the amount you’ll receive will depend on your age or if you’re an apprentice. 

    This change is another step towards creating a genuine living wage that supports millions of families across the country. 

    If you’re an employee 

    You don’t need to do anything, but it’s worth checking your payslip to make sure you’re receiving this pay increase if it applies to you. 

    You can search ‘check your pay’ for more information.

    What will your new rate be? 

    From April 2025, the rates will be as follows: 

    Category NMW rate Increase (£) Percentage increase
    National Living Wage (21 and over) £12.21 £0.77 6.7
    18-20 Year Old Rate £10.00 £1.40 16.3
    16-17 Year Old Rate £7.55 £1.15 18.0
    Apprentice Rate £7.55 £1.15 18.0
    Accommodation Offset £10.66 £.067 6.7

    If you’re an employer 

    The government will continue to engage closely with businesses, unions and wider society to ensure that all employers are aware of the new rates and take the steps needed to prepare for payroll changes on 1 April. 

    Find out more

    Updates to this page

    Published 19 March 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Plan for future of Grangemouth

    Source: Scottish Government

    Summary of Project Willow report published

    Plans to secure a long-term industrial future for Grangemouth have been stepped up as a feasibility study sets out nine options for its future.

    The plan – which is backed by £25 million from the Scottish Government and £200 million from the UK Government – will support jobs, unlock investment and drive growth.

    The £1.5 million feasibility study – published today by EY – follows the recent decision by Petroineos to decommission the oil refinery.

    It has identified credible long-term industrial options for the Grangemouth site and explored how Grangemouth can build on its skilled workforce, local expertise and long heritage as a fuel leader in Scotland to forge a new path in low carbon energy production.  

    The report provides nine proposals likely to attract private investment, including plastics recycling, hydrogen production and other projects that could create up to 800 jobs by 2040.

    It follows First Minister John Swinney’s announcement of £25 million to establish a Grangemouth Just Transition Fund, which will support businesses and stakeholders to bring forward investible propositions for the site over the next 12 months, and the Prime Minister’s announcement last month of £200 million to help unlock Grangemouth’s full potential.

    First Minister John Swinney said:

    “We will leave no stone unturned in order to secure the future of the Grangemouth refinery site, and the Scottish Government has already committed or invested a total of £87 million to help do so.

    “Grangemouth is home to over a century of industrial expertise and employs thousands of highly skilled workers, placing the site at a massive competitive advantage and creating a unique opportunity for investors.

    “Everyone working at Grangemouth’s refinery – and in the wider industrial cluster – is a valued employee with skills that are key to Scotland’s economic and net zero future.

    “This report sets out a wide range of viable alternatives for the refinery site, demonstrating that a long term, new industrial future at Grangemouth is achievable. We will continue to work closely with the UK Government to realise these opportunities and Scottish Enterprise stands ready to support inward investors looking to progress any of these technologies.”

    UK Energy Minister Michael Shanks said:  

    “We committed to leaving no stone unturned in supporting an industrial future for Grangemouth delivering jobs and economic growth. 

    “This report and the £200 million investment by the UK Government demonstrates that commitment. 

    “We will build on Grangemouth’s expertise and industrial heritage to attract investors, secure a long-term clean energy future, and deliver on our Plan for Change.” 

    To kickstart the process, Energy Minister Michael Shanks and Acting Cabinet Secretary for Net Zero and Energy Gillian Martin co-chaired a meeting this morning (Wednesday 19 March) of the Grangemouth Future Industry Board with local industry leaders, Falkirk Council, trade bodies and unions. Scottish Enterprise and the UK Government’s Office for Investment will work with Petroineos to market the proposals set out in Project Willow and seek investor interest.   

    Alongside launching a search for investors, both governments have also committed to review the Project Willow policy recommendations and understand how government funding can be deployed to mature proposals from the private sector. 

    Background

    Project Willow: Grangemouth investment opportunities

    The nine projects include: 

    • Waste: hydrothermal upgrading (breaking down hard to recycle plastics), chemical plastics recycling, ABE biorefining (breaking down waste material)
    • Bio-feedstock: breaking down Scottish timber into bioethanol, anaerobic digestion of bioresources and digestate pyrolysis, HEFA (conversion of Scottish cover crops into sustainable aviation fuel and renewable diesel using low carbon hydrogen).
    • Offshore wind conduit: Replacing natural gas with hydrogen, using low carbon hydrogen to produce methanol and convert it to SAF, producing low carbon ammonia from hydrogen for shipping and chemicals. 

    Any National Wealth Fund investment will be subject to investible propositions and the Fund’s criteria – the proposition must deliver a positive return, drive regional and economic growth or support activity to tackle climate change, invest in key sectors, and crowd in private finance. 

    The £25 million Grangemouth Just Transition Fund and £200 million from the National Wealth Fund for co-investment are on top of existing investments to ensure the long-term economic future of the Grangemouth area and support the workforce. These include: 

    – The £100 million Falkirk and Grangemouth Growth Deal package, delivered jointly by the Scottish Government and UK Government, to support the community and its workers by investing in local energy projects to create new opportunities for growth in the region.

    – Joined up support from the Scottish Government and DESNZ to provide tailored skills support for refinery workers; this includes a training guarantee for all Grangemouth refinery staff to ensure that any worker who would like skills training at the local college is supported, with funding provided by the UK Government – this will help workers into new, good jobs with local employers.   

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: CMA clears poultry feed deal

    Source: United Kingdom – Government Statements

    Press release

    CMA clears poultry feed deal

    An independent inquiry group has cleared Boparan’s deal to buy ForFarmers’ Burston and Radstock feed mills.

    iStock

    The Competition and Markets Authority’s (CMA) independent inquiry group has cleared Boparan’s proposed purchase of ForFarmers’ Burston and Radstock feed mill sites, following an in-depth Phase 2 investigation.   

    ForFarmers and Boparan (through 2Agriculture) both manufacture and supply chicken feed and other types of poultry feed in the UK.     

    The inquiry group’s investigation has found that Boparan’s purchase of ForFarmers’ Burston feed mill site could reduce the capacity available to manufacture chicken feed for chicken suppliers in the area around the mill in East Anglia. However, these suppliers will still have choice and the option to switch providers due to competition from other chicken feed providers in the market.  

    Having reviewed the evidence in the round, including the single response received from the parties in response to its interim report, the inquiry group does not believe the merger would lead to a substantial lessening of competition.  

    Kirstin Baker, chair of the independent inquiry group, said:   

    Having assessed the evidence and feedback to our interim report, which suggested that competition would not be harmed, we have given this acquisition clearance to proceed.

    For more information, visit the Boparan / ForFarmers (Burston and Radstock mills) case page.   

    Notes to Editors: 

    1. ForFarmers is a European manufacturer and supplier of animal feed, based in the Netherlands. 2Agriculture, a subsidiary of Boparan, is one of the UK’s largest suppliers of poultry feed and supplies feed to Hook 2 Sisters, a company affiliated with Boparan, as well as farmers on the open market.  

    2. At the Phase 1 investigation stage, the CMA concluded that Boparan’s purchase of the Radstock feed mill site does not raise competition concerns and the sale of this mill has completed.   

    3. The CMA has a statutory duty to promote competition for the benefit of consumers and assesses each case on its individual merits. This includes a duty to investigate mergers that could raise competition concerns in the UK where it has jurisdiction to do so. In this case, the CMA has concluded that the CMA has jurisdiction to review this merger because a relevant merger situation has been created: each of Boparan and ForFarmers’ Burston and Radstock feed mills is an enterprise that will cease to be distinct as a result of the merger and the turnover test is met.  More information on the CMA’s mergers jurisdiction and procedure can be read on its guidance page.  

    4. All media enquiries should be directed to the CMA press office by email on press@cma.gov.uk, or by phone on 020 3738 6460.

    Updates to this page

    Published 19 March 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Joint Statement from the International Partners Group on the US Withdrawal from the Just Energy Transition Partnership in South Africa

    Source: United Kingdom – Government Statements

    News story

    Joint Statement from the International Partners Group on the US Withdrawal from the Just Energy Transition Partnership in South Africa

    The United States has informed the Government of South Africa and the International Partners Group of its withdrawal from the Just Energy Transition Partnership (JETP).

    The partnership, originally announced at COP 26, aims to support South Africa to move away from coal and to accelerate its transition to a low emission, climate resilient economy. 

    The US contribution to South Africa’s Just Energy Transition (JET), as set out in the JET Investment Plan, was $56m in grant funds and $1bn in commercial debt/equity from the US International Development Finance Corporation (DFC).  

    While the withdrawal of the US is regrettable, the International Partners Group (IPG) remains fully committed to supporting South Africa to deliver its just energy transition. The level of investment made to date and remaining pledges demonstrate this. Over $2.5bn of the IPG pledge has been spent to date. The total pledged funding to support South Africa’s just energy transition also remains higher than the original pledge due to increases in pledges from both the IPG and other development partners who are not part of the IPG. Some partners are exploring possibilities for supporting work previously being carried out by the US.  

    We look forward to continuing to work with the government of South Africa and other stakeholders to allocate existing funding in support of a just energy transition that will benefit all South Africans. The political, technical and financial support from the IPG remains strong and steadfast. 

    On behalf of the International Partners Group – United Kingdom, Germany, France, the European Union, Denmark and the Netherlands.

    Further information

    • overall international pledges is $12.8bn total. This includes over $9bn from IPG and Spain, Switzerland and Canada (excluding Spanish export credits)

    Updates to this page

    Published 19 March 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: UK, Philippines elevate trade ties through Inaugural Joint Economic Trade Committee

    Source: United Kingdom – Government Statements

    World news story

    UK, Philippines elevate trade ties through Inaugural Joint Economic Trade Committee

    UK Minister for Trade Policy and Economic Security Douglas Alexander and Philippine Department of Trade and Industry Undersecretary Allan B. Gepty sign the Memorandum of Understanding on the Joint Economic and Trade Committee.

    • UK and the Philippines recently held inaugural Joint Economic and Trade Committee (JETCO)
    • JETCO aims to realise potential for UK businesses to sell more to the Philippines, one of the fastest growing economies in Asia
    • News follows recent win for UK beef industry after Philippine ban on UK beef was lifted in addition to the lifting of a poultry ban with both worth a combined £80m over five years.

    Ministers from the UK and the Philippines met in London on Monday, 17 March for trade talks under the first Joint Economic and Trade Committee (JETCO) meeting. The JETCO aims to upgrade the bilateral trade relationship currently worth £2.8 billion in 2024.

    UK Minister for Trade Policy and Economic Security Douglas Alexander and Philippine Department of Trade and Industry Undersecretary Allan B. Gepty agreed to pursue closer cooperation and increased trade across sectors including infrastructure, renewable energy, agriculture, and economic development.

    Minister Alexander stated:

    Today’s talks signify an important new chapter in our trading relationship with the Philippines, one of Asia’s fastest growing economies.

    During the meeting, the UK and the Philippines also committed to progressing work towards a government-to-government Financing Framework Partnership that will expand access to £5 billion financing from UK Export Finance (UKEF) to support the delivery of sustainable public infrastructure and improve paths to UK expertise and technology in the Philippines. 

    Undersecretary Gepty said:

    The UK’s strong presence in Southeast Asia is expected to help stabilise trade and investment relations among economies operating in the region. And the Philippines is able and willing to be UK’s strategic link in the region.

    JETCO also underscored investment opportunities in the Philippines for UK agricultural companies and promoted imports of UK meat following the recent removal of bans on beef and poultry exports from the UK. This move allows Filipino consumers access to UK meats in local market.

    Meanwhile, opportunities in offshore renewable energy will feature heavily in discussions. In 2024, the UK was the largest single investor in the Philippines, driven mainly by investments in renewables. Such opportunities for UK companies were enhanced in 2022 with the removal of foreign equity restrictions for renewable energy companies. 

    JETCO also celebrates the growing digital and tech trade between the UK and the Philippines. Next week will see the UK-Southeast Asia Tech Week in Manila which will bring together UK and Philippine leading tech companies, policymakers, and startups for two days of discussions, networking, and innovation showcases.

    Updates to this page

    Published 19 March 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Bluefin Tuna Catch and Release Recreational Fishery (CRRF) Statistics published

    Source: United Kingdom – Government Statements

    News story

    Bluefin Tuna Catch and Release Recreational Fishery (CRRF) Statistics published

    Marine Management Organisation (MMO) has published Bluefin Tuna Catch and Release Recreational Fishery (CRRF) Statistics 2024.

    Key statistics include:

    • The 2024 Blue Fin Tuna Catch and Release Recreational Fishery ran from 3 August 2024 to 31 December 2024. The 2024 season lasted for 21 weeks and 4 days.
    • Of the 93 permitted vessels, 81 were active at least once during the 2024 season
    • These vessels made 1,014 trips in total. Of those, there were 838 trips (83.0%) where at least one Blue Fin Tuna was caught successfully.
    • In total, 3,359 Blue Fin Tuna were caught throughout the 2024 season, with an average of 3.3 Blue Fin Tuna per trip.
    • The average length of the Blue Fin Tuna caught was 167.7cm, and the average estimated weight was 95.5kg.
    • The majority (98.7%) of Blue Fin Tuna were released in a good to excellent condition. The reported mortality rate before release was 0.21% of all Blue Fin Tuna caught.

    This is an official statistics release.

    Starting in 2024, an English Catch and Release Recreational Fishery (CRRF) for Blue Fin Tuna (BFT) was opened. The fishery allows permitted vessels to use ‘catch and release’ BFT by rod and line for a defined period in English waters. As this fishery operates within English waters, the Marine Management Organisation (MMO) is responsible for issuing permits for the fishery, as well as monitoring fishing activity to enable sustainable marine activities and support UK economic growth.

    Permit numbers are proportionate to the amount of quota available for incidental BFT mortalities. To receive and maintain their permit, vessel owners are obligated to submit data on their trips and associated catch, which the MMO collects for operational purposes, including monitoring and managing the fishery throughout the season. MMO is also required to submit data to the International Council for the Conservation of Atlantic Tuna (ICCAT) to fulfil the UK’s reporting obligations as a contracting party. These official statistics contain details on fishing activity from the Blue Fin Tuna CRRF in the 2024 season.

    The 2024 season started on 3 August 2024 and ran through until 31 December 2024, meaning the season was open for 21 weeks and 4 days. This season is the first this CRRF for BFT has been in operation. It follows a three-year scientific research programme from the Centre for Fisheries and Aquaculture Science (CEFAS) into BFT in the South West of England.

    You can find more information on the statistics on Gov.uk.

    Contacts:

    Tel: 0300 123 1032
    Email: media@marinemanagement.org.uk

    Updates to this page

    Published 19 March 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Councillors to be asked to approve 2023/24 accounts in final action to clear backlog

    Source: St Albans City and District

    Publication date:

    Councillors are to be asked to approve St Albans City and District Council’s statement of accounts for the 2023/24 financial year.

    A decision in favour would bring a welcome end to a backlog of audit approvals which the Council has experienced in common with other local authorities.

    The 2023/24 accounts will go before an extraordinary meeting of the Council’s Audit and Governance Committee on Thursday 20 March along with auditor KPMG’s annual report.

    Delays in auditing local authority accounts have been acknowledged by the Government as a national problem.

    The causes range from staff shortages among external auditors to the adverse impact of the Covid pandemic.

    In January, the Committee approved the accounts for the financial years 2020/21, 2021/22 and 2022/23.

    This was made possible by recent Government legislation to clear the backlog which allows for auditors to issue a ‘disclaimed opinion,’ neither giving full approval to the accounts or non-approval.

    KPMG has given a disclaimed opinion for the 2023/24 accounts as the Council expected.

    Councillor Giles Fry, Lead for the Budget and Financial Strategy, said:

    I am delighted that the 2023/24 accounts will now go before the Audit and Governance Committee for approval and we have the opportunity to put this backlog issue behind us.

    This has been a frustrating period for us and dozens of other local authorities for reasons outside of our control. Our finance team will be able to concentrate on their day-to-day work and the future rather than the past.

    I can assure residents that our 2023/24 accounts comply with all laws and regulations and nothing untoward or unexpected has been highlighted.

    In its annual report, KPMG has highlighted one issue of concern under its assessment of Value for Money: the Council’s arrangements for achieving financial efficiency and effectiveness.

    This is identified as “a risk that the Council does not have in place adequate governance arrangements to ensure compliance with its statutory financial reporting responsibilities”.

    The report recommends the Council “should invest in additional resources within the finance team to ensure future compliance with statutory reporting deadlines”.

    Cllr Fry said:

    While the KPMG report is overwhelmingly positive, we are well aware that we need to add to the overall level of our resources in our finance team and are taking steps to address this issue.

    In common with other Councils across the country, we have found there is a shortage of finance staff, especially those with experience of handling major public sector accounts.

    Our recruitment team is on the case and will continue to be proactive in searching for suitable staff in what is a very competitive job market.

    Despite these difficulties, I am pleased that the auditors could see no risk or weakness associated with our work at improving economy, efficiency and effectiveness. It shows we are meeting the challenge by providing our residents with a financially sound and stable Council.

    Media contact:  John McJannet, Principal Communications Officer: 01727- 819533; john.mcjannet@stalbans.gov.uk.

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Tasmanian ancestral remains to return home A ceremony to repatriate Tasmanian ancestral remains held in University of Aberdeen collections since the 1850s will take place on 21 March.

    Source: University of Aberdeen

    Neil Curtis preparing the ancestral remains for transporA ceremony to repatriate Tasmanian ancestral remains held in University of Aberdeen collections since the 1850s will take place on 21 March.
    The University contacted the Tasmanian Aboriginal Centre in 2019, which led to a proposal to return the remains of a young man. This was approved unconditionally by the University’s governing body, Court, in 2020 and the Centre is now in a position to take the remains back to Tasmania where they will be laid to rest in a traditional ceremony conducted by Aboriginal people.
    Details of how the remains were acquired by the University are limited, with records listing only that it was part of the collection of William MacGillivray, Regius Professor of Natural History in Marischal College. After his death in 1852, the collection was purchased by the University and in the sale catalogue it was described as ‘Native of Van Diemen’s Land, who was shot on the Shannon River’.
    There is no record surviving to indicate how the skull was acquired by MacGillivray.
    The Tasmanian Aboriginal Centre, a non-profit community-based organisation established in 1973 to provide legal, health, educational, cultural and welfare services to Aboriginal people, considers that ‘there can be no doubt that this skull was removed from the man shot at the Shannon River in order to service (the) trade in Aboriginal body parts. The decapitation was most likely performed by one of the killers, stock-keepers, property owners or lessees involved in or associated with the man’s murder’. This may have taken place in the 1820s or 1830s.
    It is unlikely that the identity of the man will ever be known beyond that of his tribal group. The ‘Big River’ tribe to which he belonged is one of the many original tribes entirely wiped out and for which there are no surviving direct descendants.
    The Tasmanian Aboriginal Centre is recognised by both Australian and international governments as the only appropriate organisation to which all repatriated Tasmanian Aboriginal skeletal remains and cultural property are returned.
    After acquisition by the University, the skull was kept as part of the Comparative Anatomy collection, before being transferred to the Human Culture collection in the early 2000s. It was used in medical education in the 19th and early 20th centuries but the collection is no longer used for teaching and there is no current or intended research associated with it.
    Andry Sculthorpe of the Tasmanian Aboriginal Centre said: “Aboriginal people feel the enormous responsibility of restoring to our own country both the physical remains, and through them, the spirits of our ancestral dead.
    “This is a record of racist attitudes to the study of humanity, including human remains acquired by grave robbing and other immoral activity; in this case, murder.
    “We applaud the institutions that have the courage to let go of their perceptions of intellectual supremacy, embrace their own humanity and do what is right by the people who are most impacted by the atrocities they have inflicted in the past. This young man’s murder will not be forgotten and we will bring him home to rest at last.”
    Neil Curtis, Head of University Collections at the University of Aberdeen, said: “Given the violence and racism that led to their acquisition, it would be unacceptable for these ancestral remains to be used for research, teaching or exhibitions purposes.
    “We are pleased that the remains of this young man can now be handed over to the Tasmanian Aboriginal Centre for appropriate burial in his homeland.”
    The University has a well-established procedure for considering repatriation from the collections in its care, and welcomes proposals for returning ancestral remains, sacred and other items, especially where they can be returned to the community from which they were taken. The University is also reviewing its collections to identify items that were looted or unethically returned so that it can initiate discussions as well as responding to proposals. This has included the return of a Benin Bronze in 2021, the first such return in the world by a museum.

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Hop into Easter fun with free activities for children and young people 19 March 2025 Hop into Easter fun with free activities for Isle of Wight children and young people

    Source: Aisle of Wight

    Get ready for an egg-stravaganza of fun this Easter!

    Children and young people on the Isle of Wight are in for a treat with a diverse range of free activities, courtesy of the Holiday Activities and Food (HAF) programme.

    Organisations across the Island are teaming up to offer a cracking selection of activities for children aged five to 16. The initiative, which also includes a nutritious meal, aims to provide enriching experiences and support for families during the school break.

    Free places are available for children and young people who receive benefits-related free school meals, with additional paid options also available.

    Some spaces are also reserved for other vulnerable families. With limited spaces, families are encouraged to book early to avoid disappointment and ensure their youngsters don’t miss out on the fun.

    The Easter programme offers a fantastic selection of activities, including horse riding, football coaching, multi-sport games, animal care, theatre skills, and arts and crafts.

    These activities are designed to cater to a wide range of interests and help children develop new skills. It’s sure to be a hopping good time!

    For full details and booking information, please visit the Isle of Wight Family Information Hub webpage.

    Further information about eligibility can be found on the council’s updated holiday activities webpages.

    Councillor Jonathan Bacon, Cabinet member for children’s services, said: “Our goal is to provide children and young people with opportunities to explore new activities and make new friends.

    “This programme is a valuable support for many families during the school holidays. We understand that families are facing increasing pressures, and the dedication of organisations to supporting families in this way is incredibly meaningful.

    “By offering a diverse range of activities, we hope to inspire children and give them memorable experiences that they can cherish. Let’s make this Easter egg-stra special for everyone!”

    The Easter HAF scheme is funded by the Department for Education.

    Photo: Getty Images

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Derry celebrates St Patrick’s Day in style as bumper crowds attend city centre parade

    Source: Northern Ireland – City of Derry

    Derry celebrates St Patrick’s Day in style as bumper crowds attend city centre parade

    19 March 2025

     

    Derry cemented it’s reputation as a major destination to celebrate St Patrick’s Day in as tens of thousands of people packed the city centre to the rafters this afternoon for the city’s annual parade.

    Over 800 performers took part in the North West Carnival Initiative’s procession through the streets that featured sports clubs, dance troupes and community organisations all celebrating the theme of Flowers, Fur and Feathers.

    Mayor of Derry and Strabane, Councillor Lilian Seenoi Barr, joined St Patrick to lead the procession which began inside the walls and travelled down through Shipquay Street past the local landmarks of the Guildhall and the Peace Bridge and concluded on Strand Road.

    “What a wonderful day in our city centre,” said Mayor Barr. “Leading the Derry St Patrick’s Day parade along with hundreds of talented young people is an experience I will never forget.
    “I want to acknowledge all the hard work that went into this year’s St Patrick’s Day festivities, both from the Council team, the North West Carnival Initiative and all their statutory and community partners.

    “But most of all I want to thank the thousands of local people who lined the streets to watch the parade and created an atmosphere like no other.

    “Nobody throws a party better than our Council area and we proved that again today.”

    Other highlights of the day’s festivities included live music at the main stage in the Guildhall Square, which had people dancing in the streets.

    The Craft Village was also buzzing with live traditional music and Irish dancing, while Derry’s Guildhall was packed with revellers enjoying the traditional Irish music and céilí dance session.
    Head of Culture with Derry City and Strabane District Council, Aeidin McCarter, said early indications were of another record breaking crowd in attendance.

    “Thank you to our Festival and Events team and all our partners for co-ordinating another successful St Patrick’s Day celebration.
    “A lot of unseen work takes place behind the scenes to make sure an event of this scale runs smoothly but it is all worthwhile when we see thousands of people having a positive experience.
    “We will process the data over the coming days but early indications are that we have surpassed 30,000 spectators for a second successive year which we are delighted about.
    “Visitors from outside the Council area look high as well as we continue to build our reputation as a venue to celebrate St Patrick’s Day in.”

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Fishing’s hottest trend to be showcased by experts at North West Angling Fair

    Source: Northern Ireland – City of Derry

    Fishing’s hottest trend to be showcased by experts at North West Angling Fair

    19 March 2025

    The art of Euro Nymphing is the technique on every fly fisher’s lips these days and it will come to the River Mourne at the end of this month when expert demonstrator Peter Driver makes his first appearance at the North West Angling Fair.

    The ever evolving method of angling nymphs for trout got it’s name from the World and European fly fishing tournaments where it was developed and its efficacy has seen it sweep the globe in recent years.

    Kilkenny based Driver has competed in multiple World and European Fly-Fishing Championships and has a lifetime of experience in all types of fly fishing.

    A qualified casting instructor and fly dresser with the APAGI, he worked for most of his life as a carpenter in his native Wicklow and then with the HSE in a behavioural role when he moved to Kilkenny before deciding to make his hobby his job.

    He teamed up with his cousin Mark to set-up their own Fly Tying and Fly Fishing business, Piscari-Fly on the banks of the River Nore in Thomastown County Kilkenny.

    They impart their knowledge with the public through fly-fishing and fly tying demonstrations and manufacturing and selling their own equipment.

    As well as designing all his own rods. Peter is a developer for the American equipment provider Syndicate.

    The principle difference between euro nymphing and traditional nymphing is that the angler maintains a tight connection between the flies and the rod throughout the drift.

    Heavy weighted flies and light tippet are used to quickly sink flies and a multicoloured floating ‘sighter’ is used as an indicator.

    Peter is expected to draw a large crowd to the banks of the River Mourne in Strabane when he gives his demos at the event on Saturday March 29th and Sunday March 30th.

    “I’ve been taking part in competitions all over the world and picked up a wealth of knowledge, I love doing shows and sharing that information with others,” he said.

    “A lot of competitive anglers would have a reputation for keeping information to themselves but I believe in sharing it and allowing others to benefit.

    “Nymphing is evolving and developing all the time and the most minuscule of adjustments can make a huge difference so I believe the information I share in Strabane will be of value to anglers.

    “I like to look into the psychological theory of fly fishing in my presentations, I believe your approach to it, how you prepare and how you set up your gear can all have an impact on your results.”

    This year’s North West Angling Fair at the Melvin Sports Complex will host some of the UK and Ireland’s leading fly dressers, casters and angling specialists.

    The public will also have the opportunity to source angling merchandise from a wide range of fishing tackle producers, fly tying brands and fishing outfitters in the Melvin’s Main Hall.

    “Angling Fairs are a great opportunity to connect with anglers who are interested in learning more but they are a great chance for the experts to share ideas and learn new things as well,” Peter added.

    “We do a lot of demonstrations online but it is great to get that face to face contact, to meet and connect with people and pass on ideas.

    “It’s also a great chance to get an up close look and feel of the gear the traders have in the exhibition space so I’m really looking forward to it.”

    The North West Angling Fair is organised by Derry City and Strabane District Council with support from the Loughs Agency.

    Peter Driver’s demonstrations are part of a comprehensive line-up for the Fair, to see the full programme visit www.derrystrabane.com/anglingfair and follow Northwestangling on facebook for updates.

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Local social workers recognised in national awards

    Source: City of York

    Published Tuesday, 18 March 2025

    City of York Council is proud to announce that 15 of its social workers have each received a nationwide award in recognition of their outstanding contribution to the social work profession.

    ‘Amazing Social Workers’ is a campaign run by the British Association of Social Workers (BASW) and champions exceptional work across the profession.

    The awards aim to highlight the achievements of individuals and teams in the profession, whilst also raising the profile and public understanding of the critical role of social work in our communities.

    Frontline practitioners, managers, leaders and educators are among the council’s social workers who have been nominated by colleagues, their managers or members of the public. 

    Councillor Lucy Steels-Walshaw, Executive Member for Adult Social Care at City of York Council, said:

    Every day, social workers in York go above and beyond advocating for the adults, children and families they support.

    “Their role helps uphold human rights, promote social justice and make a positive difference to people’s lives and York’s amazing social workers do just that. These awards let us shine a spotlight on exceptional social work practice, while thanking and paying tribute to the individuals and teams who make it happen.”

    Councillor Bob Webb, Executive Member for Children at City of York Council, said:

    Congratulations to all the city’s social workers who have been deservedly nominated for recognition this year.

    “We are delighted to share and champion their achievements as part of World Social Work Week. Anyone interested in training with us to become a social worker or qualified social workers are welcome to find out about the rewarding opportunities at the Council.”

    Commenting on the awards, Lewis Roberts, BASW UK Vice-Chair, said:

    BASW is delighted to once again run the Amazing Social Workers campaign. It’s a wonderful way for our profession to come together to celebrate, applaud and shine a spotlight on exceptional social work practice, while also thanking and paying tribute to the individuals and teams making it happen.”

    MIL OSI United Kingdom

  • MIL-OSI China: Traveling back to the last days of Pompeii in Beijing

    Source: China State Council Information Office 3

    Have you ever imagined the life of the people in the ancient Roman city of Pompeii, and how they must have felt when Mount Vesuvius erupted?

    An exhibition at Universal Creative Park in Beijing, titled “The Last Days of Pompeii,” allows audiences to experience the final moments of Pompeii from a first-person perspective. Running from Tuesday this week to Aug. 31, the exhibition was jointly launched by China Dream Live Entertainment (CDE Live) and Madrid Artes Digitales (MAD).

    It not only showcases archaeological artifacts discovered in Italy, but also provides an immersive experience for visitors via video and projection. By putting on VR headsets, visitors can travel back in time to almost 1,900 years ago — finding themselves strolling in an ancient courtyard, exploring the villa of a Roman family, and attending a gladiator fight in a packed amphitheater.

    “Pompeii is one of the major topics in history, and the city is so well preserved due to the fact that all the volcano ash covered it and really captured that moment,” said Jelle de Jong, CEO of MAD.

    He also told Xinhua that by using modern technology, they are attempting to take audiences “back to the old days of Pompeii and let them feel what was like to live there.”

    Zhu Ranhua, CEO of CDE Live, which brought this exhibition to China, noted that they hope this exhibition will inspire people to cherish the happiness they encounter in their daily lives.

    The exhibition was previously staged in Madrid, Vienna and Berlin, where it attracted more than 500,000 visits combined.

    Zhu and her team made some changes for the China stop to make the exhibition more suitable for local audiences. For instance, they added the courtyard experience in a bid to reveal details of the artistic life of Roman people back then. They also launched postcards which can be stamped by people to document their visits — as stamp collecting has become a popular hobby among young Chinese.

    When asked if the volcano eruption scene would be scary for children, Zhu dismissed the concern. “I once asked a five-year-old girl if she was afraid, and she shook her head,” said Zhu. “They see disasters, but they also see more beautiful things at the exhibition, such as the prosperous culture that we marvel at.”

    Míriam Huéscar, curator of the exhibition, said that the ultimate aim of the exhibition is to bring people around the world closer by revealing the cultural roots and ancient foundations of many peoples, and not only that of Europe. “Culture is the key to communication between East and West,” she said in an interview with Xinhua. “It is a very useful tool to get to know other people, to learn about them and their customs — and thus understand them better.”

    This view was shared by Jelle de Jong, who believes that during the past week of preparation for the exhibition, he had already learned a lot about Chinese culture.

    The year 2025 marks the 50th anniversary of the establishment of diplomatic relations between China and the European Union. “I have noticed that cross-cultural exchanges between the cultures are getting more and more frequent,” he said.

    Thanks to this increase of exchanges, resulting from the improvement of people’s living standards and China’s opening up, Zhu has observed that Chinese people are increasingly interested in and accepting of cultural events with Western themes.

    Last year, a Mariah Carey concert in China attracted fans from across the country, while shows like “The Phantom of the Opera” also proved successful.

    Notably, Zhu is also witnessing Chinese culture becoming more and more popular among young people. “Our traditional culture is equally fascinating,” she said, while adding that they are now planning an exhibition featuring Chinese culture — which they will take to Europe.

    MIL OSI China News

  • MIL-OSI China: MOFA sincerely appreciates G7 foreign ministers’ joint statement reaffirming importance of cross-strait peace and stability

    Source: Republic of Taiwan – Ministry of Foreign Affairs

    MOFA sincerely appreciates G7 foreign ministers’ joint statement reaffirming importance of cross-strait peace and stability

    • Date:2025-03-15
    • Data Source:Department of North American Affairs

    March 15, 2025 

    No. 064 

    The Group of Seven (G7) Foreign Ministers’ Meeting was convened in Charlevoix, Quebec, Canada, from March 12 to 14. In a joint statement released after the meeting, G7 members reaffirmed the importance of maintaining peace and stability across the Taiwan Strait, reiterated their opposition to any unilateral attempts to change the status quo by force or coercion, and called for the peaceful resolution of cross-strait issues. They also expressed support for Taiwan’s meaningful participation in international organizations. The Ministry of Foreign Affairs (MOFA) highly welcomes and sincerely appreciates G7 members continuing to take concrete action to demonstrate their staunch support for peace and stability across the Taiwan Strait.

     

    In the statement, G7 members reiterated their commitment to upholding a free, open, prosperous, and secure Indo-Pacific and conveyed concern over China’s military buildup and the continued, rapid increase in its nuclear weapons arsenal. They urged China not to conduct or condone activities aimed at undermining the safety of communities and the integrity of democratic institutions in other countries. They also expressed concerns about China’s nonmarket policies and practices, which they said were leading to harmful overcapacity and market distortions. 

     

    In addition, the G7 foreign ministers issued a declaration stressing the importance of maritime security and prosperity. Expressing concern that undersea communications cables and other critical undersea infrastructure have been subject to damage through sabotage, they pledged to enhance cooperation with industry, strengthen repair capacities, and improve infrastructure resilience.

     

    Since the G7 Leaders’ Summit held in Cornwall, United Kingdom, in 2021, G7 members have issued joint communiqués or statements at several high-level meetings and summits over the past five consecutive years emphasizing a high regard and support for peace and stability across the Taiwan Strait. As an important country in the Indo-Pacific and a responsible member of the international community, Taiwan will continue to bolster cooperation with G7 members, allies, and friendly countries to collectively ensure a free and open Indo-Pacific, safeguard the rules-based international order, firmly protect the core values of democracy and freedom, create non-red supply chains, and strengthen the economic resilience of the democratic community. (E)

    MIL OSI China News

  • MIL-OSI China: Global leaders attend eighth Yushan Forum in concrete show of support for Taiwan’s integrated diplomacy

    Source: Republic of Taiwan – Ministry of Foreign Affairs

    March 16, 2025 

    No. 067 

    The eighth Yushan Forum will take place from March 17 to 18 at the Taipei Marriott Hotel. The theme of the event is “New Southbound Policy+: Taiwan, the Indo-Pacific, and a New World.” In line with President Lai Ching-te’s Smart Nation 2.0 policy vision, the meeting is being held parallel to the 2025 Smart City Summit and Expo and the 2050 Net Zero City Expo. The expanded forum will be attended by key political figures, industrial leaders, and experts from New Southbound Policy partner countries and other like-minded nations worldwide, including Denmark, Slovenia, the United States, Japan, the Czech Republic, Poland, Lithuania, Canada, New Zealand, the Philippines, Thailand, Singapore, and India. Participants will discuss how Taiwan leverages its digital state power and innovative technology to promote a digital New Southbound initiative and develop smart solutions with partner countries to jointly advance sustainable prosperity in the region.

     

    On the first day of the event, President Lai will deliver opening remarks in the morning, Vice President Hsiao Bi-khim will hold a luncheon for important guests in the afternoon, and Minister of Foreign Affairs Lin Chia-lung will host a welcome dinner for participants in the evening. Leading political figures attending the forum include Anders Fogh Rasmussen, former Danish Prime Minister and current Chairman of the Alliance of Democracies Foundation; Janez Janša, former Slovenian Prime Minister; Keiji Furuya, Chairman of the Japan-ROC Diet Members’ Consultative Council and member of the Japanese House of Representatives; Pavel Fischer, member of the Czech Senate and Chairman of its Committee on Foreign Affairs, Defence, and Security; Anna Fotyga, former Polish Minister of Foreign Affairs; Mantas Adomenas, former Lithuanian Deputy Minister of Foreign Affairs and current Secretary General of the Polish-based Community of Democracies; and Tony Clement, former Canadian Minister of Health. Other guests include leaders of Taiwanese companies and industrial associations; representatives of globally renowned corporate groups such as Merck, US-based Coupang and Uber, and Thai-based AMATA; and delegates of the US-based Pacific Forum, the Asia Centre from Thailand, and various think tanks and nongovernmental organizations based in Indonesia, India, and other New Southbound Policy partner countries.

     

    Taiwan held the first Yushan Forum in 2017. Now in its eighth iteration, the event has fully demonstrated the achievements of the New Southbound Policy. In line with integrated diplomacy, this year’s forum has been further transformed and elevated into a key discussion platform to connect Taiwan, the Indo-Pacific, and the world, and to incorporate Taiwan’s successful advancements and experiences in various fields into regional dialogue. The forum will make an indispensable contribution to sustainable democracy, sustainable prosperity, and sustainable peace in the Indo-Pacific region. (E)

    MIL OSI China News

  • MIL-OSI China: MOFA response to false claims by Chinese Foreign Ministry spokesperson regarding Taiwan and its president

    Source: Republic of Taiwan – Ministry of Foreign Affairs

    MOFA response to false claims by Chinese Foreign Ministry spokesperson regarding Taiwan and its president

    March 14, 2025  

    The Ministry of Foreign Affairs (MOFA) strongly refutes false claims made at a regular press conference on March 13 by a Chinese Foreign Ministry spokesperson, who said that “Taiwan is part of China” and that “there is no so-called president in Taiwan.” These statements not only completely ignore the facts and status quo across the Taiwan Strait but also aim to mislead the international community.

     

    The Republic of China (Taiwan) successfully held its eighth presidential election on January 13, 2024, setting another milestone in its democratic development. Government officials and parliamentarians of 50 nations—including 12 diplomatic allies and other friendly countries, such as the United States, Japan, France, the United Kingdom, Germany, and Australia—praised this achievement and offered congratulations to Taiwan. Many democracies hope that the people of China will one day also be able to hold direct presidential elections, thereby determining their nation’s leaders and future. 

     

    MOFA solemnly reiterates that neither the Republic of China (Taiwan) nor the People’s Republic of China is subordinate to the other, that the PRC regime has never governed Taiwan, and that no narratives distorting Taiwan’s sovereign status can change the objective reality and internationally recognized status quo across the Taiwan Strait. Taiwan’s future must be collectively decided by the 23.5 million people of Taiwan. China has no right to interfere. 

    MIL OSI China News

  • MIL-OSI Asia-Pac: MOFA sincerely appreciates G7 foreign ministers’ joint statement reaffirming importance of cross-strait peace and stability

    Source: Republic of China Taiwan 3

    MOFA sincerely appreciates G7 foreign ministers’ joint statement reaffirming importance of cross-strait peace and stability

    Date:2025-03-15
    Data Source:Department of North American Affairs

    March 15, 2025 
    No. 064 

    The Group of Seven (G7) Foreign Ministers’ Meeting was convened in Charlevoix, Quebec, Canada, from March 12 to 14. In a joint statement released after the meeting, G7 members reaffirmed the importance of maintaining peace and stability across the Taiwan Strait, reiterated their opposition to any unilateral attempts to change the status quo by force or coercion, and called for the peaceful resolution of cross-strait issues. They also expressed support for Taiwan’s meaningful participation in international organizations. The Ministry of Foreign Affairs (MOFA) highly welcomes and sincerely appreciates G7 members continuing to take concrete action to demonstrate their staunch support for peace and stability across the Taiwan Strait.
     
    In the statement, G7 members reiterated their commitment to upholding a free, open, prosperous, and secure Indo-Pacific and conveyed concern over China’s military buildup and the continued, rapid increase in its nuclear weapons arsenal. They urged China not to conduct or condone activities aimed at undermining the safety of communities and the integrity of democratic institutions in other countries. They also expressed concerns about China’s nonmarket policies and practices, which they said were leading to harmful overcapacity and market distortions. 
     
    In addition, the G7 foreign ministers issued a declaration stressing the importance of maritime security and prosperity. Expressing concern that undersea communications cables and other critical undersea infrastructure have been subject to damage through sabotage, they pledged to enhance cooperation with industry, strengthen repair capacities, and improve infrastructure resilience.
     
    Since the G7 Leaders’ Summit held in Cornwall, United Kingdom, in 2021, G7 members have issued joint communiqués or statements at several high-level meetings and summits over the past five consecutive years emphasizing a high regard and support for peace and stability across the Taiwan Strait. As an important country in the Indo-Pacific and a responsible member of the international community, Taiwan will continue to bolster cooperation with G7 members, allies, and friendly countries to collectively ensure a free and open Indo-Pacific, safeguard the rules-based international order, firmly protect the core values of democracy and freedom, create non-red supply chains, and strengthen the economic resilience of the democratic community. (E)

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Global leaders attend eighth Yushan Forum in concrete show of support for Taiwan’s integrated diplomacy

    Source: Republic of China Taiwan 3

    March 16, 2025 
    No. 067 

    The eighth Yushan Forum will take place from March 17 to 18 at the Taipei Marriott Hotel. The theme of the event is “New Southbound Policy+: Taiwan, the Indo-Pacific, and a New World.” In line with President Lai Ching-te’s Smart Nation 2.0 policy vision, the meeting is being held parallel to the 2025 Smart City Summit and Expo and the 2050 Net Zero City Expo. The expanded forum will be attended by key political figures, industrial leaders, and experts from New Southbound Policy partner countries and other like-minded nations worldwide, including Denmark, Slovenia, the United States, Japan, the Czech Republic, Poland, Lithuania, Canada, New Zealand, the Philippines, Thailand, Singapore, and India. Participants will discuss how Taiwan leverages its digital state power and innovative technology to promote a digital New Southbound initiative and develop smart solutions with partner countries to jointly advance sustainable prosperity in the region.
     
    On the first day of the event, President Lai will deliver opening remarks in the morning, Vice President Hsiao Bi-khim will hold a luncheon for important guests in the afternoon, and Minister of Foreign Affairs Lin Chia-lung will host a welcome dinner for participants in the evening. Leading political figures attending the forum include Anders Fogh Rasmussen, former Danish Prime Minister and current Chairman of the Alliance of Democracies Foundation; Janez Janša, former Slovenian Prime Minister; Keiji Furuya, Chairman of the Japan-ROC Diet Members’ Consultative Council and member of the Japanese House of Representatives; Pavel Fischer, member of the Czech Senate and Chairman of its Committee on Foreign Affairs, Defence, and Security; Anna Fotyga, former Polish Minister of Foreign Affairs; Mantas Adomenas, former Lithuanian Deputy Minister of Foreign Affairs and current Secretary General of the Polish-based Community of Democracies; and Tony Clement, former Canadian Minister of Health. Other guests include leaders of Taiwanese companies and industrial associations; representatives of globally renowned corporate groups such as Merck, US-based Coupang and Uber, and Thai-based AMATA; and delegates of the US-based Pacific Forum, the Asia Centre from Thailand, and various think tanks and nongovernmental organizations based in Indonesia, India, and other New Southbound Policy partner countries.
     
    Taiwan held the first Yushan Forum in 2017. Now in its eighth iteration, the event has fully demonstrated the achievements of the New Southbound Policy. In line with integrated diplomacy, this year’s forum has been further transformed and elevated into a key discussion platform to connect Taiwan, the Indo-Pacific, and the world, and to incorporate Taiwan’s successful advancements and experiences in various fields into regional dialogue. The forum will make an indispensable contribution to sustainable democracy, sustainable prosperity, and sustainable peace in the Indo-Pacific region. (E)

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: MOFA response to false claims by Chinese Foreign Ministry spokesperson regarding Taiwan and its president

    Source: Republic of China Taiwan 3

    MOFA response to false claims by Chinese Foreign Ministry spokesperson regarding Taiwan and its president

    March 14, 2025  

    The Ministry of Foreign Affairs (MOFA) strongly refutes false claims made at a regular press conference on March 13 by a Chinese Foreign Ministry spokesperson, who said that “Taiwan is part of China” and that “there is no so-called president in Taiwan.” These statements not only completely ignore the facts and status quo across the Taiwan Strait but also aim to mislead the international community.
     
    The Republic of China (Taiwan) successfully held its eighth presidential election on January 13, 2024, setting another milestone in its democratic development. Government officials and parliamentarians of 50 nations—including 12 diplomatic allies and other friendly countries, such as the United States, Japan, France, the United Kingdom, Germany, and Australia—praised this achievement and offered congratulations to Taiwan. Many democracies hope that the people of China will one day also be able to hold direct presidential elections, thereby determining their nation’s leaders and future. 
     
    MOFA solemnly reiterates that neither the Republic of China (Taiwan) nor the People’s Republic of China is subordinate to the other, that the PRC regime has never governed Taiwan, and that no narratives distorting Taiwan’s sovereign status can change the objective reality and internationally recognized status quo across the Taiwan Strait. Taiwan’s future must be collectively decided by the 23.5 million people of Taiwan. China has no right to interfere. 

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: President Lai meets Arizona Governor Katie Hobbs  

    Source: Republic of China Taiwan

    Details
    2025-03-18
    President Lai meets delegation led by Minister of Foreign Affairs Denzil Douglas of Saint Christopher and Nevis
    On the afternoon of March 18, President Lai Ching-te met with a delegation led by Minister of Foreign Affairs Denzil Douglas of the Federation of Saint Christopher and Nevis. In remarks, President Lai thanked St. Kitts and Nevis for speaking up for Taiwan at major international venues and supporting Taiwan’s international participation. The president expressed hope that our two countries continue to achieve remarkable results through cooperation in such fields as education and training, agricultural development, women’s empowerment, and environmental sustainability, and create even greater well-being for our peoples. A translation of President Lai’s remarks follows: I welcome Minister Douglas and our esteemed guests to Taiwan. Last June, Minister Douglas accompanied Prime Minister Terrance Drew and his wife on their trip to Taiwan. I am delighted to be able to meet and exchange views with Minister Douglas again less than one year later. Your presence fully demonstrates the profound bond between Taiwan and St. Kitts and Nevis. I look forward to the further deepening of our partnership through our exchanges during this visit. Although our two nations are separated by a great distance, we share such universal values as democracy, freedom, and respect for human rights. We also continue to achieve remarkable results through cooperation in such fields as education and training, agricultural development, women’s empowerment, and environmental sustainability. Given that Prime Minister Drew, Minister Douglas, and I all share medical backgrounds, we deeply understand the importance of people’s health. I thus look forward to St. Kitts and Nevis’s climate-smart JNF General Hospital commencing operations as soon as possible thanks to our cooperation. The provision of even higher-quality public health and medical services will yield benefits for many more people. I also believe that by having Taiwan share its experiences in renewable energy and energy-saving technologies, our two countries will jointly drive green industrial transformation and stimulate sustainable development together. I would like to take this opportunity to thank St. Kitts and Nevis for actively speaking up for Taiwan and supporting Taiwan’s participation at such major international venues and organizations as the United Nations General Assembly, the World Health Organization, and the International Civil Aviation Organization. In the future, Taiwan will continue to make critical contributions to the international community. With the support of Minister Douglas and our guests, I look forward to our two countries backing each other on the global stage and continuing to build an even stronger foundation for bilateral cooperation. Let us work together to address the various challenges we face and create even greater well-being for our peoples. Minister Douglas then delivered remarks, first conveying greetings from Prime Minister Drew to President Lai, the government, and the people of Taiwan. He then stated that over the last 41 years since the dawn of their nationhood, the Republic of China Taiwan has steadfastly walked beside St. Kitts and Nevis as a strong and immovable partner. As we reflect on four decades of our journey together, he said, we recognize the unswerving and unwavering spirit that has guided both our nations through trials and challenges. The minister then acknowledged the generous support of Taiwan’s government that has helped St. Kitts and Nevis in its own economic and social development. He went on to say that Taiwan’s partnership with St. Kitts and Nevis has been instrumental in helping them achieve the goals of their sustainable island state agenda. Whether in enhancing food security through the diversification of their agricultural sector, fostering clean energy solutions through the solar PV farm, or advancing healthcare through assistance in building their smart hospital, he said, Taiwan has been a steadfast partner in shaping a much more resilient and sustainable future for the people of their federation. In the spirit of reciprocity and solidarity, Minister Douglas said, St. Kitts and Nevis continues to leverage opportunities on the global stage to request incessantly that Taiwan be given its rightful place in international organizations, where it can make a meaningful contribution to resolving the world’s most critical issues. Minister Douglas indicated that the global challenges we face today demand collective action, and that Taiwan has the innovation, the technology, the knowledge, and the expertise to make a tremendous positive impact on some of the world’s most urgent issues. He said that St. Kitts and Nevis will never grow weary in their own support, but shall continue to sound the clarion call of “let Taiwan in,” as well as advocate for peace to be maintained in the Taiwan Strait. To close, Minister Douglas expressed gratitude for the warm hospitality bestowed upon him and his delegation by Taiwan’s government, remarking that the engagements they had thus far were pregnant with promise, and that they are confident in witnessing a fruitful outcome as we work together to build a prosperous and sustainable future for our peoples. The delegation also included Permanent Secretary in the Ministry of Foreign Affairs Kaye Bass, Permanent Secretary of Economic Development and Investment Adina Richards, and Director in the Ministry of International Trade Sean Lawrence. The delegation was accompanied to the Presidential Office by St. Kitts and Nevis Ambassador Donya L. Francis.

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

    Details
    2025-03-17
    President Lai meets Japan-ROC Diet Members’ Consultative Council Chairman Furuya Keiji
    On the afternoon of March 17, President Lai Ching-te met with a delegation led by Japanese House of Representatives Member and Japan-ROC Diet Members’ Consultative Council Chairman Furuya Keiji. In remarks, President Lai thanked the Consultative Council for doing its utmost to strengthen the relationship between Taiwan and Japan. He also stated that Taiwan and Japan are both part of the first island chain’s key line of defense, and in addition to continuing to bolster its economic strength and enhance its self-defense capabilities, Taiwan will work together with Japan and other like-minded countries to promote regional and global democracy, peace, and prosperity. A translation of President Lai’s remarks follows: I would like to extend a warm welcome to Chairman Furuya, who is visiting us once again. I am also delighted to meet House of Councillors Member Yamamoto Junzo and House of Representatives Member Hiranuma Shojiro today. Although the Japanese Diet is currently in session, our distinguished guests overcame many hurdles and organized a delegation to attend the 2025 Yushan Forum and deliver speeches, providing valuable insights into issues of mutual concern in the Indo-Pacific region and demonstrating the support for Taiwan in the Diet. Here, I would like to express my deepest gratitude. During the Yushan Forum, it was especially inspiring when Chairman Furuya spoke Taiwanese when he emphasized that “if Taiwan has a problem, then Japan has a problem.” Over the past few years under Chairman Furuya’s leadership, the Consultative Council has done its utmost to strengthen the relationship between Taiwan and Japan. In addition to passing resolutions every year supporting Taiwan’s participation in the World Health Organization and Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the council has established four internal research groups regarding the CPTPP, exchanges for women legislators, encouraging local-level exchanges, and the Taiwan Relations Act, using an issue-oriented approach to deepen Taiwan-Japan relations. Thanks to the Consultative Council’s long-term assistance and promotional efforts, the Japanese Ministry of Justice has announced that beginning this May, members of the Taiwanese overseas community in Japan included in the country’s family registry system may list “Taiwan” in the field designating their nationality or region of origin. This demonstrates the friendly relations between Taiwan and Japan, and the Taiwanese people will always remember the council’s continued concrete actions in support of Taiwan. In his remarks at the Yushan Forum today, Chairman Furuya mentioned that there are many areas in which Taiwan and Japan can engage in industrial cooperation. We can continue to deepen our partnership in semiconductors, energy, AI, unmanned aerial vehicles, and other areas related to economic security and supply chain resilience, all of which have significant room for cooperation, creating win-win situations for both Taiwan and Japan. As authoritarianism consolidates, democratic nations must come closer in solidarity. Taiwan and Japan are both part of the first island chain’s key line of defense. In addition to bolstering our economic strength and enhancing our self-defense capabilities, Taiwan will also work with Japan and other like-minded countries to promote regional and global democracy, peace, and prosperity. All of our distinguished guests are good friends of Taiwan, and are very familiar with Taiwan. I hope to continue working together with you all to carry Taiwan-Japan relations to an even higher level. Chairman Furuya then delivered remarks, first thanking President Lai for taking time out of his busy schedule to see them. He then noted that Japan, Taiwan, and quite a few other nations around the world changed leaders last year, and conditions around the world are becoming increasingly unstable. One cannot see what the world will be like a few years from now, he said, which is why he is counting so heavily on the strong leadership of President Lai. Chairman Furuya said that, in addition to collaboration in foreign affairs and security matters, economic cooperation between Taiwan and Japan is also very important. He mentioned new technologies, and said he had spoken quite a bit on the topic that very morning at the Yushan Forum. The clearest example, he said, is the establishment by Taiwan Semiconductor Manufacturing Company of a wafer plant in Japan’s Kumamoto Prefecture, which has sparked robust economic activity. He added that cooperation addressing such matters as cyberattacks and supply chain resilience is also very important. Chairman Furuya noted that President Lai had mentioned in his remarks that beginning from May, Taiwanese overseas community members in Japan will be able to list “Taiwan” on their family registers. The chairman expressed his view that this is not a foreign affairs issue, but rather a human rights issue for the Taiwanese people, and an excellent way to show respect for Taiwan. He further noted President Lai’s mentioning of the four research groups that the Consultative Council has established, and said that these groups will ramp up their work. He also expressed hope that Taiwan and Japan will work together to address challenges that face both countries, such as issues pertaining to democracy and peace in the Taiwan Strait, so that they can together push for international peace and stability. Chairman Furuya stated that reciprocal visits by Taiwanese and Japanese people reached an all-time high last year. He said that in the future, in addition to further promoting local exchanges between the two countries, he also hopes that Japanese middle school and high school students planning to go on overseas study trips will choose Taiwan as their destination, because he feels that any student who visits Taiwan will become a fan of this place. Also in attendance was Japan-Taiwan Exchange Association Taipei Office Chief Representative Katayama Kazuyuki.

    Details
    2025-03-17
    President Lai addresses opening of 2025 Yushan Forum
    On the morning of March 17, President Lai Ching-te attended the opening of the 2025 Yushan Forum, the theme of which was “New Southbound Policy+: Taiwan, the Indo-Pacific, and a New World.” In remarks, President Lai stated that the New Southbound Policy has led to great success in economic and trade cooperation, professional exchanges, resource sharing, and building regional links. He said that in the past, Taiwanese industries went from moving westward across the Taiwan Strait, to shifting southbound, to working closer with the north, but that now, Taiwan is confidently stepping across the Pacific, reaching eastward, to the Americas and other regions. While staying firmly rooted in Taiwan, he said, Taiwan’s enterprises are expanding their global presence and marketing worldwide. The president stated that Taiwan will strive alongside its partners in democracy to bolster non-red supply chains and digital solidarity, and together respond to the threats and challenges posed by expanding authoritarianism. He indicated that the Yushan Forum is a place to share experiences, and more importantly, lay down firm foundations for exchanges and cooperation among participants’ countries to create greater stability for the region and greater prosperity for the world. A transcript of President Lai’s remarks follows: On behalf of all the people of Taiwan, I want to welcome our good friends joining us from around the world. Your presence shows support for a peaceful and stable Taiwan and a free and open Indo-Pacific region. The Yushan Forum has become more than just an important platform for the New Southbound Policy. Over these eight years, more than 3,600 participants from Taiwan and 28 other countries have helped deepen Taiwan’s connections with nations around the world. The New Southbound Policy has led to great success in economic and trade cooperation, professional exchanges, resource sharing, and building regional links. Looking ahead, the Yushan Forum will be taking on the important mission of carrying its legacy forward and transforming it into action. Not only must we turn consensus into action plans for close cooperation among countries in the region; we must also work with partners around the world to forge ahead with cooperative plans for mutual prosperity. We hope to envision a new world from Taiwan – and see Taiwan in this new world. We are also embracing an era of smart technology. The government sessions of this Yushan Forum are therefore centered around topics including smart healthcare, smart transportation, and resilient supply chains for semiconductors. Taiwan is intent on working side by side with other countries to face the challenges of this new era. Today’s Taiwan celebrates not only the democratic achievements that are recognized by the international community, but also our strengths in the semiconductor and other tech industries, which enable us to play a key role in restructuring global democratic supply chains and the economic order. We are building on Taiwan as a “silicon island” for semiconductors while accelerating innovation and AI applications for industry. These efforts will help Taiwan become an “AI island” as well. We are also developing forward-looking fields such as quantum technology and precision medicine, which will create an industry ecosystem that is highly competitive and innovative. The government will also develop economic models powered by innovation. This will help SMEs (small- and medium-sized enterprises) upgrade and transform through the power of digital transformation and net-zero transition. In the past, Taiwanese industries went from moving westward across the Taiwan Strait, to shifting southbound, to working closer with the north. But now, we are confidently stepping across the Pacific, reaching eastward, to the Americas and other regions. While staying firmly rooted in Taiwan, our enterprises are expanding their global presence and marketing worldwide. Taiwan will continue to engage with the world, and we welcome the world to come closer to Taiwan. As we gather here today, I am confident that we share the same goal: Through international cooperation, we hope to build an even more inclusive, resilient, prosperous Indo-Pacific, while jointly defending the democracy, freedom, and peace we so firmly believe in. I want to thank you all once again for supporting Taiwan. We will strive alongside our partners in democracy to bolster non-red supply chains and digital solidarity, and together respond to the threats and challenges posed by expanding authoritarianism. Yushan is also known as Jade Mountain. It is Taiwan’s highest peak and stands as firm as our unwavering spirit. During this critical time of global change and transformation, the Yushan Forum is a place where we can share our experiences, and more importantly, lay down firm foundations for exchanges and cooperation among our countries. This way, we can create greater stability for the region and greater prosperity for the world. I wish everyone a successful forum. Thank you. Also in attendance at the event were former Prime Minister of Denmark and Alliance of Democracies Foundation Chairman Anders Fogh Rasmussen, former Prime Minister of the Republic of Slovenia Janez Janša, Japan-ROC Diet Members’ Consultative Council Chairman Furuya Keiji, and American Institute in Taiwan Taipei Office Director Raymond Greene.

    Details
    2025-03-13
    President Lai attends Ministry of Foreign Affairs 2025 Spring Banquet  
    On the evening of March 13, President Lai Ching-te attended the Ministry of Foreign Affairs 2025 Spring Banquet for foreign ambassadors and representatives stationed in Taiwan. In remarks, President Lai thanked our diplomatic allies and like-minded countries for continuing to demonstrate their high regard and support for Taiwan at international venues. The president stated that a stronger Taiwan will be able to contribute even more to the world, explaining that is why he established the National Climate Change Committee, the Whole-of-Society Defense Resilience Committee, and the Healthy Taiwan Promotion Committee. He added that he hopes to pool our strengths so as to formulate national development strategies and enhance Taiwan’s international collaboration. The president also expressed hope of developing opportunities for cooperation with other countries across many domains to jointly advance democracy, peace, and prosperity throughout the region and around the world. A translation of President Lai’s remarks follows: Today is my first time attending the Ministry of Foreign Affairs Spring Banquet since becoming president. It is a pleasure to be able to meet and socialize with esteemed guests from other countries and good friends from all sectors of Taiwan. The global landscape has changed rapidly over the past year. Geopolitical volatility, the restructuring of supply chains, technological advancements, and other factors have had a profound impact on nations’ strategic plans. I want to take this opportunity to thank our diplomatic allies and like-minded countries for continuing to demonstrate their high regard and support for Taiwan at international venues. Last month, the leaders of the United States and Japan, the US secretary of state and the foreign ministers of Japan and the Republic of Korea, and the G7 foreign ministers all issued joint statements emphasizing the importance of peace and stability across the Taiwan Strait, underscoring Taiwan’s vital role in global progress and prosperity.  I would especially like to thank members of the diplomatic corps for working with us to build even closer partnerships between our countries. I have always believed that a stronger Taiwan will be able to contribute even more to the world. That is why, after taking office, I established the National Climate Change Committee, the Whole-of-Society Defense Resilience Committee, and the Healthy Taiwan Promotion Committee under the Office of the President. These committees continue to address global concerns and seek to solve important issues that impact our own people. I hope to pool our strengths so as to formulate national development strategies and enhance Taiwan’s international collaboration.  Last year, I visited our Pacific allies – the Republic of the Marshall Islands, Tuvalu, and the Republic of Palau. I deeply appreciated our friends’ warm hospitality and came to feel very deeply that we are like a family. Through local visits and mutual exchanges, we deepened our diplomatic alliances and cooperation, creating win-win outcomes. We also showed Taiwan’s determination to work with allies to tackle the many challenges related to climate change, net-zero transition, and digital transformation. At the start of this month, Taiwan hosted the first-ever workshop on whole-of-society defense resilience under the Global Cooperation and Training Framework. Experts and scholars from 30 countries participated in the discussions. I once again thank the diplomatic corps for their support and assistance. In the future, we look forward to developing opportunities for cooperation with other countries across many domains to jointly advance democracy, peace, and prosperity throughout the region and around the world. In the face of authoritarian expansion, Taiwan will continue to bolster its national defense capabilities. We will stand shoulder to shoulder with fellow democracies to demonstrate the strength of deterrence. We will also join hands to build non-red supply chains, strengthen our economic resilience, and promote an initiative on semiconductor supply chain partnerships for global democracies. All of this will ensure steady technological and economic development.  In my New Year’s Day address, I said that in this new year, we have many more brilliant stories of Taiwan to share with the world. Everyone gathered here tonight is a dear friend of Taiwan. And each of you plays an important role in the stories this land has to tell.  I am deeply grateful to you all for the incredible efforts you make in support of Taiwan. In so many ways, you connect Taiwan to the rest of the world and allow the world to see the many different sides of this amazing nation. I believe that through even deeper and more extensive cooperation, we will create many more wonderful stories of Taiwan and build an even brighter future together. I wish you all a pleasant evening. Also in attendance at the event were Dean of the Diplomatic Corps and Saint Vincent and the Grenadines Ambassador Andrea Clare Bowman and other members of the foreign diplomatic corps in Taiwan.

    Details
    2025-03-13
    President Lai holds press conference following high-level national security meeting
    On the afternoon of March 13, President Lai Ching-te convened a high-level national security meeting, following which he held a press conference. In remarks, President Lai introduced 17 major strategies to respond to five major national security and united front threats Taiwan now faces: China’s threat to national sovereignty, its threats from infiltration and espionage activities targeting Taiwan’s military, its threats aimed at obscuring the national identity of the people of Taiwan, its threats from united front infiltration into Taiwanese society through cross-strait exchanges, and its threats from using “integrated development” to attract Taiwanese businesspeople and youth. President Lai emphasized that in the face of increasingly severe threats, the government will not stop doing its utmost to ensure that our national sovereignty is not infringed upon, and expressed hope that all citizens unite in solidarity to resist being divided. The president also expressed hope that citizens work together to increase media literacy, organize and participate in civic education activities, promptly expose concerted united front efforts, and refuse to participate in any activities that sacrifice national interests. As long as every citizen plays their part toward our nation’s goals for prosperity and security, he said, and as long as we work together, nothing can defeat us. A translation of President Lai’s remarks follows: At many venues recently, a number of citizens have expressed similar concerns to me. They have noticed cases in which members of the military, both active-duty and retired, have been bought out by China, sold intelligence, or even organized armed forces with plans to harm their own nation and its citizens. They have noticed cases in which entertainers willingly followed instructions from Beijing to claim that their country is not a country, all for the sake of personal career interests. They have noticed how messaging used by Chinese state media to stir up internal opposition in Taiwan is always quickly spread by specific channels. There have even been individuals making careers out of helping Chinese state media record united front content, spreading a message that democracy is useless and promoting skepticism toward the United States and the military to sow division and opposition. Many people worry that our country, as well as our hard-won freedom and democracy and the prosperity and progress we achieved together, are being washed away bit by bit due to these united front tactics. In an analysis of China’s united front, renowned strategic scholar Kerry K. Gershaneck expressed that China plans to divide and conquer us through subversion, infiltration, and acquisition of media, and by launching media warfare, psychological warfare, and legal warfare. What they are trying to do is to sow seeds of discord in our society, keep us occupied with internal conflicts, and cause us to ignore the real threat from outside. China’s ambition over the past several decades to annex Taiwan and stamp out the Republic of China has not changed for even a day. It continues to pursue political and military intimidation, and its united front infiltration of Taiwan’s society grows ever more serious. In 2005, China promulgated its so-called “Anti-Secession Law,” which makes using military force to annex Taiwan a national undertaking. Last June, China issued a 22-point set of “guidelines for punishing Taiwan independence separatists,” which regards all those who do not accept that “Taiwan is part of the People’s Republic of China” as targets for punishment, creating excuses to harm the people of Taiwan. China has also recently been distorting United Nations General Assembly Resolution 2758, showing in all aspects China’s increasingly urgent threat against Taiwan’s sovereignty. Lately, China has been taking advantage of democratic Taiwan’s freedom, diversity, and openness to recruit gangs, the media, commentators, political parties, and even active-duty and retired members of the armed forces and police to carry out actions to divide, destroy, and subvert us from within. A report from the National Security Bureau indicates that 64 persons were charged last year with suspicion of spying for China, which was three times the number of persons charged for the same offense in 2021. Among them, the Unionist Party, Rehabilitation Alliance Party, and Republic of China Taiwan Military Government formed treasonous organizations to deploy armed forces for China. In a democratic and free society, such cases are appalling. But this is something that actually exists within Taiwan’s society today. China also actively plots ways to infiltrate and spy on our military. Last year, 28 active-duty and 15 retired members of the armed forces were charged with suspicion of involvement in spying for China, respectively comprising 43 percent and 23 percent of all of such cases – 66 percent in total. We are also alert to the fact that China has recently used widespread issuance of Chinese passports to entice Taiwanese citizens to apply for the Residence Permit for Taiwan Residents, permanent residency, or the Resident Identity Card, in an attempt to muddle Taiwanese people’s sense of national identity. China also views cross-strait exchanges as a channel for its united front against Taiwan, marking enemies in Taiwan internally, creating internal divisions, and weakening our sense of who the enemy really is. It intends to weaken public authority and create the illusion that China is “governing” Taiwan, thereby expanding its influence within Taiwan. We are also aware that China has continued to expand its strategy of integrated development with Taiwan. It employs various methods to demand and coerce Taiwanese businesses to increase their investments in China, entice Taiwanese youth to develop their careers in China, and unscrupulously seeks to poach Taiwan’s talent and steal key technologies. Such methods impact our economic security and greatly increase the risk of our young people heading to China. By its actions, China already satisfies the definition of a “foreign hostile force” as provided in the Anti-Infiltration Act. We have no choice but to take even more proactive measures, which is my purpose in convening this high-level national security meeting today. It is time we adopt proper preventive measures, enhance our democratic resilience and national security, and protect our cherished free and democratic way of life. Next, I will be giving a detailed account of the five major national security and united front threats Taiwan now faces and the 17 major strategies we have prepared in response. I. Responding to China’s threats to our national sovereignty We have a nation insofar as we have sovereignty, and we have the Republic of China insofar as we have Taiwan. Just as I said during my inaugural address last May, and in my National Day address last October: The moment when Taiwan’s first democratically elected president took the oath of office in 1996 sent a message to the international community, that Taiwan is a sovereign, independent, democratic nation. Among people here and in the international community, some call this land the Republic of China, some call it Taiwan, and some, the Republic of China Taiwan. The Republic of China and the People’s Republic of China are not subordinate to each other, and Taiwan resists any annexation or encroachment upon our sovereignty. The future of the Republic of China Taiwan must be decided by its 23 million people. This is the status quo that we must maintain. The broadest consensus in Taiwanese society is that we must defend our sovereignty, uphold our free and democratic way of life, and resolutely oppose annexation of Taiwan by China. (1) I request that the National Security Council (NSC), the Ministry of National Defense (MND), and the administrative team do their utmost to promote the Four Pillars of Peace action plan to demonstrate the people’s broad consensus and firm resolve, consistent across the entirety of our nation, to oppose annexation of Taiwan by China. (2) I request that the NSC and the Ministry of Foreign Affairs draft an action plan that will, through collaboration with our friends and allies, convey to the world our national will and broad social consensus in opposing annexation of Taiwan by China and in countering China’s efforts to erase Taiwan from the international community and downgrade Taiwan’s sovereignty. II. Responding to China’s threats from infiltration and espionage activities targeting our military (1) Comprehensively review and amend our Law of Military Trial to restore the military trial system, allowing military judges to return to the frontline and collaborate with prosecutorial, investigative, and judicial authorities in the handling of criminal cases in which active-duty military personnel are suspected of involvement in such military crimes as sedition, aiding the enemy, leaking confidential information, dereliction of duty, or disobedience. In the future, criminal cases involving active-duty military personnel who are suspected of violating the Criminal Code of the Armed Forces will be tried by a military court. (2) Implement supporting reforms, including the establishment of a personnel management act for military judges and separate organization acts for military courts and military prosecutors’ offices. Once planning and discussion are completed, the MND will fully explain to and communicate with the public to ensure that the restoration of the military trial system gains the trust and full support of society. (3) To deter the various types of controversial rhetoric and behavior exhibited by active-duty as well as retired military personnel that severely damage the morale of our national military, the MND must discuss and propose an addition to the Criminal Code of the Armed Forces on penalties for expressions of loyalty to the enemy as well as revise the regulations for military personnel and their families receiving retirement benefits, so as to uphold military discipline. III. Responding to China’s threats aimed at obscuring the national identity of the people of Taiwan (1) I request that the Ministry of the Interior (MOI), Mainland Affairs Council (MAC), and other relevant agencies, wherever necessary, carry out inspections and management of the documents involving identification that Taiwanese citizens apply for in China, including: passports, ID cards, permanent residence certificates, and residence certificates, especially when the applicants are military personnel, civil servants, or public school educators, who have an obligation of loyalty to Taiwan. This will be done to strictly prevent and deter united front operations, which are performed by China under the guise of “integrated development,” that attempt to distort our people’s national identity. (2) With respect to naturalization and integration of individuals from China, Hong Kong, and Macau into Taiwanese society, more national security considerations must be taken into account while also attending to Taiwan’s social development and individual rights: Chinese nationals applying for permanent residency in Taiwan must, in accordance with the law of Taiwan, relinquish their existing household registration and passport and may not hold dual identity status. As for the systems in place to process individuals from Hong Kong or Macau applying for residency or permanent residency in Taiwan, there will be additional provisions for long-term residency to meet practical needs. IV. Responding to China’s threats from united front infiltration into Taiwanese society through cross-strait exchanges  (1) There are increasing risks involved with travel to China. (From January 1, 2024 to today, the MAC has received reports of 71 Taiwanese nationals who went missing, were detained, interrogated, or imprisoned in China; the number of unreported people who have been subjected to such treatment may be several times that. Of those, three elderly I-Kuan Tao members were detained in China in December of last year and have not yet been released.) In light of this, relevant agencies must raise public awareness of those risks, continue enhancing public communication, and implement various registration systems to reduce the potential for accidents and the risks associated with traveling to China. (2) Implement a disclosure system for exchanges with China involving public officials at all levels of the central and local government. This includes everyone from administrative officials to elected representatives, from legislators to village and neighborhood chiefs, all of whom should make the information related to such exchanges both public and transparent so that they can be accountable to the people. The MOI should also establish a disclosure system for exchanges with China involving public welfare organizations, such as religious groups, in order to prevent China’s interference and united front activities at their outset. (3) Manage the risks associated with individuals from China engaging in exchanges with Taiwan: Review and approval of Chinese individuals coming to Taiwan should be limited to normal cross-strait exchanges and official interactions under the principles of parity and dignity, and relevant factors such as changes in the cross-strait situation should be taken into consideration. Strict restrictions should be placed on Chinese individuals who have histories with the united front coming to Taiwan, and Chinese individuals should be prohibited from coming to Taiwan to conduct activities related in any way to the united front. (4) Political interference from China and the resulting risks to national security should be avoided in cross-strait exchanges. This includes the review and management of religious, cultural, academic, and education exchanges, which should in principle be depoliticized and de-risked so as to simplify people-to-people exchanges and promote healthy and orderly exchanges. (5) To deter the united front tactics of a cultural nature employed by Chinese nationals to undermine Taiwan’s sovereignty, the Executive Yuan must formulate a solution to make our local cultural industries more competitive, including enhanced support and incentives for our film, television, and cultural and creative industries to boost their strengths in democratic cultural creation, raise international competitiveness, and encourage research in Taiwan’s own history and culture. (6) Strengthen guidance and management for entertainers developing their careers in China. The competent authorities should provide entertainers with guidelines on conduct while working in China, and make clear the scope of investigation and response to conduct that endangers national dignity. This will help prevent China from pressuring Taiwanese entertainers to make statements or act in ways that endanger national dignity. (7) The relevant authorities must adopt proactive, effective measures to prevent China from engaging in cognitive warfare against Taiwan or endangering cybersecurity through the internet, applications, AI, and other such tools. (8) To implement these measures, each competent authority must run a comprehensive review of the relevant administrative ordinances, measures, and interpretations, and complete the relevant regulations for legal enforcement. Should there be any shortcomings, the legal framework for national security should be strengthened and amendments to the National Security Act, Anti-Infiltration Act, Act Governing Relations between the People of the Taiwan Area and the Mainland Area, Laws and Regulations Regarding Hong Kong & Macao Affairs, or Cyber Security Management Act should be proposed. Communication with the public should also be increased so that implementation can happen as soon as possible. V. Responding to threats from China using “integrated development” to attract Taiwanese businesspeople and youth (1) I request that the NSC and administrative agencies work together to carry out strategic structural adjustments to the economic and trade relations between Taiwan and China based on the strategies of putting Taiwan first and expanding our global presence while staying rooted in Taiwan. In addition, they should carry out necessary, orderly adjustments to the flow of talent, goods, money, and skills involved in cross-strait economic and trade relations based on the principle of strengthening Taiwan’s foundations to better manage risk. This will help boost economic security and give us more power to respond to China’s economic and trade united front and economic coercion against Taiwan. (2) I request that the Ministry of Education, MAC, Ministry of Economic Affairs, and other relevant agencies work together to comprehensively strengthen young students’ literacy education on China and deepen their understanding of cross-strait exchanges. I also request these agencies to widely publicize mechanisms for employment and entrepreneurship for Taiwan’s youth and provide ample information and assistance so that young students have more confidence in the nation’s future and more actively invest in building up and developing Taiwan. My fellow citizens, this year marks the 80th anniversary of the end of the Second World War. History tells us that any authoritarian act of aggression or annexation will ultimately end in failure. The only way we can safeguard freedom and prevail against authoritarian aggression is through solidarity. As we face increasingly severe threats, the government will not stop doing its utmost to ensure that our national sovereignty is not infringed upon, and to ensure that the freedom, democracy, and way of life of Taiwan’s 23 million people continues on as normal. But relying solely on the power of the government is not enough. What we need even more is for all citizens to stay vigilant and take action. Every citizen stands on the frontline of the defense of democracy and freedom. Here is what we can do together: First, we can increase our media literacy, and refrain from spreading and passing on united front messaging from the Chinese state. Second, we can organize and participate in civic education activities to increase our knowledge about united front operations and build up whole-of-society defense resilience. Third, we can promptly expose concerted united front efforts so that all malicious attempts are difficult to carry out. Fourth, we must refuse to participate in any activities that sacrifice national interests. The vigilance and action of every citizen forms the strongest line of defense against united front infiltration. Only through solidarity can we resist being divided. As long as every citizen plays their part toward our nation’s goals for prosperity and security, and as long as we work together, nothing can defeat us.

    MIL OSI Asia Pacific News

  • MIL-OSI: Virtune AB (Publ) launches Virtune Chainlink ETP on Nasdaq Helsinki

    Source: GlobeNewswire (MIL-OSI)

    Helsinki, March 19th, 2025 – Virtune, a Swedish regulated digital asset manager and issuer of crypto exchange-traded products, today announced the listing of Virtune Chainlink ETP on Nasdaq Helsinki.

    Virtune recently introduced the first seven crypto ETPs in Finland on Nasdaq Helsinki, receiving a strong reception in the Finnish market. The previously listed products include Virtune Bitcoin ETP, Virtune Staked Ethereum ETP, Virtune Staked Solana ETP, Virtune XRP ETP, Virtune Crypto Altcoin Index ETP, Virtune Staked Cardano ETP and Virtune Avalanche ETP. To meet the growing demand from Finnish investors, Virtune has now expanded its offering with an additional crypto ETP on Nasdaq Helsinki.

    About Virtune Chainlink ETP
    Virtune Chainlink ETP provides exposure to Chainlink. Like all of Virtune’s exchange-traded products, Virtune Chainlink ETP is 100% physically backed and fully collateralized, denominated in EUR for the Finnish investors, and available through brokers and banks such as Nordnet.

    Key Information about Virtune Chainlink ETP and what it offers to investors :

    • 1:1 exposure to Chainlink 
    • 100% physically backed by LINK
    • 1.49% annual management fee

    Virtune Chainlink ETP

    • Full name: Virtune Chainlink ETP 
    • Short name: Virtune Chainlink
    • Nasdaq Helsinki Ticker: VIRLINKE
    • Trading currency: EUR
      First day of trading: Wednesday 19th of March 2025
    • ISIN: SE0021149259
    • Stock exchange: Nasdaq Helsinki and Nasdaq Stockholm 

    Christopher Kock, CEO of Virtune: 

    “After witnessing the strong interest from the Finnish audience in our crypto ETPs during the first months since our initial listings on Nasdaq Helsinki, we have also seen significant investor demand for Chainlink through our ETP since its listing on Nasdaq Stockholm in November 2023. As a natural next step, we are excited to continue our expansion in Finland by introducing Virtune Chainlink ETP on Nasdaq Helsinki.”

    If you, as an (institutional) investor, are interested in meeting with Virtune to discuss the opportunities our ETPs offer for your asset management services or to learn more about Virtune and our ETPs, please do not hesitate to contact us at hello@virtune.com. You can also read more about Virtune and our ETPs at www.virtune.com and register your email address on our website to subscribe to our newsletters, which cover updates on Virtune’s upcoming ETP launches and other news related to digital assets.

    Press contact

    Christopher Kock, CEO Virtune AB (Publ)
    christopher@virtune.com
    +46 70 073 45 64

    Virtune with its headquarters in Stockholm is a regulated Swedish digital asset manager and issuer of crypto exchange traded products on regulated European exchanges. With regulatory compliance, strategic collaborations with industry leaders and our proficient team, we empower investors on a global level to access innovative and sophisticated investment products that are aligned with the evolving landscape of the global crypto market.

    Crypto investments are associated with high risk. Virtune does not provide investment advice; investments are made at your own risk. Securities may increase or decrease in value, there is no guarantee of getting back invested capital. Read the prospectus, KID, terms at virtune.com.

    The MIL Network

  • MIL-OSI: Nykredit extends the offer period concerning the recommended, voluntary public tender offer for Spar Nord Bank A/S until 3 April 2025 – Nykredit Realkredit A/S

    Source: GlobeNewswire (MIL-OSI)

    THIS ANNOUNCEMENT IS PUBLISHED PURSUANT TO SECTIONS 9(3)-(5) AND SECTION 21(3) OF EXECUTIVE ORDER NO. 636 OF 15 MAY 2020

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR TO ANY JURISDICTION WHERE DOING SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

    Publication of supplement concerning extension of offer period for Nykredit’s recommended, voluntary public tender offer for Spar Nord Bank A/S until 3 April 2025

    19 March 2025

    Nykredit extends the offer period concerning the recommended, voluntary public tender offer for Spar Nord Bank A/S until 3 April 2025

    In accordance with section 4(1) of the Danish Takeover Order1, Nykredit Realkredit A/S (“Nykredit”) announced on 10 December 2024 that Nykredit intended to submit a voluntary public tender offer (the “Offer”) to acquire all shares in Spar Nord Bank A/S (“Spar Nord Bank”), with the exception of Spar Nord Bank’s treasury shares, for a cash price of DKK 210 per share, valuing the aggregated issued share capital of Spar Nord Bank at DKK 24.7 billion.

    On 8 January 2025, Nykredit published the offer document regarding the Offer (the “Offer Document”), as approved by the Danish FSA in accordance with section 11 of the Danish Takeover Order. In the Offer Document, the offer period was set to expire on 19 February 2025 at 23:59 (CET) (the “Initial Offer Period”). On 18 February 2025, Nykredit published a supplement to the Offer Document, which extended the offer period to 20 March 2025. The background for the extension was to provide Nykredit with more time to obtain the approval from the Danish Competition and Consumer Authority required to complete the Offer.

    Today, Nykredit published a supplement (the “Supplement”) to the Offer Document, which further extends the offer period for the Offer. The Supplement has been approved by the Danish FSA on 19 March 2025 in accordance with section 9(3)-(5) of the Danish Takeover Order. The Supplement should be read in conjunction with the Offer Document and the previous supplement as published on 18 February 2025.

    With this Supplement, Nykredit further extends the offer period, such that the Offer will expire on 3 April 2025 at 23:59 (CEST). Subsequently, any reference to the “Offer Period” in the Offer Document or other documents relating to the Offer will refer to the period commencing on the day of publication of the Offer Document on 8 January 2025 and ending on 3 April 2025 at 23:59 (CEST) (the “Extended Offer Period”).

    The purpose of the extension is to provide Nykredit with time to obtain the approval from the Danish Competition and Consumer Authority required to complete the Offer.

    If the approval from the Danish Competition and Consumer Authority has not been granted by the expiry of the Extended Offer Period, Nykredit expects to extend the offer period further.

    The extension of the offer period entails that the expected completion of the Offer and settlement of the offer price to the Spar Nord Bank shareholders who have accepted the Offer will be extended correspondingly. Completion is subsequently expected to take place on 11 April 2025 (provided that the offer period is not extended further than to 3 April 2025 23:59 (CEST)).

    At the time of this announcement, Nykredit holds 32.79 per cent of the shares in Spar Nord Bank. A preliminary compilation of the acceptances that Nykredit has information about shows that, including the irrevocable undertakings, acceptances corresponding to more than 46 per cent of the share capital of Spar Nord Bank has been submitted, and that Nykredit’s ownership interest in Spar Nord Bank, together with the irrevocable undertakings and the binding acceptances submitted that Nykredit has information about, totals more than 80 per cent of the total share capital (excluding treasury shares) of Spar Nord Bank, indicating that the 67 per cent acceptance limit stated in the Offer has been reached. The final result of the Offer will be determined on expiry of the offer period and published in accordance with section 21(3) of the Danish Takeover Order.

    Nykredit intends to delist Spar Nord Bank from trading on Nasdaq Copenhagen and complete a compulsory acquisition of the remaining Spar Nord Bank shareholders, provided that Nykredit has obtained the necessary ownership interest, and the Offer has been completed. Spar Nord Bank shareholders who have opted not to accept the Offer, should expect that Nykredit, provided that the Offer is completed, will take steps to combine Nykredit Bank A/S and Spar Nord Bank, which will result in a further increase in Nykredit’s ownership interest in Spar Nord Bank. Not later than in continuation of the combination, Nykredit thus expects to hold a sufficient ownership interest to be able to delist Spar Nord Bank from trading on Nasdaq Copenhagen and complete a compulsory acquisition of the remaining Spar Nord Bank shareholders.

    The full terms and conditions of the Offer are contained in the Offer Document as amended by the Supplement. The Offer Document and the Supplement are published in the Danish FSA’s OAM database: https://oam.finanstilsynet.dk/ and can also, with certain restrictions, be accessed at https://www.nykredit.com/kobstilbud-spar-nord/ and https://www.sparnord.dk/investor-relations/overtagelsestilbud.

    About Spar Nord Bank

    Spar Nord Bank was founded in 1824 and is now a nationwide bank with 58 branches. Spar Nord Bank offers all types of financial services, consultancy and products, focusing its business on retail customers and primarily small and medium-sized enterprises (SMEs) in the local areas in which the bank is represented. The bank is also focused on leasing operations and large corporate customers, which are both business areas handled by the head offices.

    Spar Nord Bank has historically been rooted in northern Jutland and continues to be a market leader in this region. However, in the period from 2002 to 2024, Spar Nord Bank has established and acquired branches outside northern Jutland. Over the course of the years, the bank has adjusted its branch network in an ongoing process and now has a nationwide distribution network comprising 58 branches. These 58 branches are distributed on 32 banking areas, each of which is headed by a manager reporting directly to the bank’s executive board.

    The Spar Nord Bank Group consists of two earnings entities: Spar Nord Bank’s branches and the Trading Division. As an entity, the Trading Division serves customers from Spar Nord Bank’s branches as well as large retail customers and institutional clients in the field of equities, bonds, fixed income and forex products, asset management and international transactions. Finally, under the concept Sparxpres, the bank offers consumer loans to personal customers through Sparxpres’ platform as well as debt consolidation loans and consumer financing via retail stores and gift voucher solutions via shopping centres and city associations.

    About Nykredit

    Nykredit Realkredit A/S (“Nykredit”) is a public limited company incorporated under the laws of Denmark, company reg. (CVR) no. 12 71 92 80, having its registered office at Sundkrogsgade 25, 2150 Nordhavn, Denmark. Nykredit is a mortgage credit institution and, together with its wholly-owned subsidiary Totalkredit A/S, is a market leader of the Danish mortgage credit market with a market share of some 45.2 per cent. Nykredit offers mortgage financing for private individuals and businesses.

    Nykredit is part of the Nykredit Group, which historically dates back to 1851. In addition to carrying on mortgage credit business, the Group carries on banking business through Nykredit Bank – including banking and wealth management operations – and has a total of around 4,000 employees in Denmark.

    Nykredit is owned by an association of the Nykredit Group’s customers, Forenet Kredit. Forenet Kredit owns close to 80 per cent of Nykredit’s shares. Other major shareholders are five Danish pension funds: Akademikernes Pension AP Pension, PensionDanmark, PFA and PKA.

    Nykredit is known for the advantages offered through the association. Forenet Kredit makes capital contributions to the Nykredit Group when times are good, and Nykredit has decided to pass these on to its customers.

    Since, 2017, Forenet Kredit has paid over DKK 8 billion in capital contributions to the Nykredit Group, and in the period to 2027, Forenet Kredit has provided a further DKK 7 billion.

    Questions and further information

    Any questions concerning the Offer may be directed to:

    Nykredit Bank A/S

    Company reg. (CVR) no.: 10 51 96 08

    Sundkrogsgade 25

    2150 Nordhavn
    Denmark

    Telephone: +45 7010 9000

    and

    Carnegie Investment Bank

    Filial af Carnegie Investment Bank AB (publ), Sverige

    Company reg. (CVR) no. 35 52 12 67

    Overgaden Neden Vandet 9B

    1414 Copenhagen K
    Denmark

    E-mail: annette.hansen@carnegie.dk

    For further information about the Offer, please see: https://www.nykredit.com/kobstilbud-spar-nord/.

    This announcement and the Offer Document (with supplements) are not directed at shareholders of Spar Nord Bank A/S whose participation in the Offer would require the issuance of an offer document, registration or activities other than what is required under Danish law (and, in the case of shareholders in the United States of America, Section 14(e) of, and applicable provisions of Regulation 14E promulgated under, the US Securities Exchange Act of 1934, as amended). The Offer is not made and will not be made, directly or indirectly, to shareholders resident in any jurisdiction in which the submission of the Offer or acceptance thereof would be in contravention of the laws of such jurisdiction. Any person coming into possession of this announcement, the Offer Document or any other document containing a reference to the Offer is expected and assumed to independently obtain all necessary information about any applicable restrictions and to observe these.

    This announcement does not constitute an offer or an invitation to purchase securities or a solicitation of an offer to purchase securities in accordance with the Offer or otherwise. The Offer will be submitted only in the form of the Offer Document (with supplements) approved by the FSA, which sets out the full terms and conditions of the Offer, including information on how to accept the Offer. The shareholders of Spar Nord Bank are advised to read the Offer Document and any related documents as they contain important information.

    Restricted jurisdictions

    The Offer is not made, and acceptance of the Offer to tender Spar Nord Bank shares is not accepted, neither directly nor indirectly, in or from any jurisdiction in which the making or acceptance of the Offer would not be in compliance with the laws of such jurisdiction or would require any registration, approval or any other measures with any regulatory authority not expressly contemplated by the Offer Document (the “Restricted Jurisdictions”). Neither the United States nor the United Kingdom is a Restricted Jurisdiction.

    Restricted Jurisdictions include, but are not limited to: Australia, Canada, Hong Kong, Japan, New Zealand and South Africa.

    Persons obtaining documents or information relating to the Offer (including custodians, account holding institutions, nominees, trustees, representatives, fiduciaries or other intermediaries) should not distribute, communicate, transfer or send these in or into a Restricted Jurisdiction or use mail or any other means of communication in or into a Restricted Jurisdiction in connection with the Offer. Persons (including, but not limited to, custodians, custodian banks, nominees, trustees, representatives, fiduciaries or other intermediaries) intending to communicate this announcement, the Supplement, the Offer Document or any related document to any jurisdiction outside Denmark or the United States should inform themselves about these restrictions before taking any action. Any failure to comply with these restrictions may constitute a violation of the laws of such jurisdiction, including securities laws. It is the responsibility of all Persons obtaining this announcement, the Supplement, the Offer Document, earlier supplements, an acceptance form and/or other documents relating to the Offer, or into whose possession such documents otherwise come, to inform themselves about and observe all such restrictions.

    Nykredit is not responsible for ensuring that the distribution, dissemination or communication of this announcement, the Supplement or the Offer Document to shareholders outside Denmark, the United States and the United Kingdom is consistent with applicable law in any jurisdiction other than Denmark, the United States and the United Kingdom.

    Important Information for Shareholders in the United States

    The Offer concerns the shares in Spar Nord Bank, a public limited liability company incorporated and admitted to trading on a regulated market in Denmark, and is subject to the disclosure and procedural requirements of Danish law, including the Danish capital markets act and the Danish takeover order.

    The Offer is being made to shareholders in Spar Nord Bank in the United States in compliance with the applicable US tender offer rules under the U.S. Securities Exchange Act of 1934, as amended, (the “U.S. Exchange Act”), including Regulation 14E promulgated thereunder, subject to the relief available for a “Tier II” tender offer, and otherwise in accordance with the requirements of Danish law and practice

    Accordingly, US Spar Nord Bank shareholders should be aware that this announcement and any other documents regarding the Offer have been prepared in accordance with, and will be subject to, the disclosure and other procedural requirements, including with respect to withdrawal rights, the Offer timetable, settlement procedures and timing of payments of Danish law and practice, which may differ materially from those applicable under US domestic tender offer law and practice. In addition, the financial information contained in this announcement or the Offer Document has not been prepared in accordance with generally accepted accounting principles in the United States, or derived therefrom, and may therefore differ from, or not be comparable with, financial information of US companies.

    In accordance with the laws of, and practice in, Denmark and to the extent permitted by applicable law, including Rule 14e-5 under the U.S. Exchange Act, Nykredit, Nykredit’s affiliates or any nominees or brokers of the foregoing (acting as agents, or in a similar capacity, for Nykredit or any of its affiliates, as applicable) may from time to time, and other than pursuant to the Offer, directly or indirectly, purchase, or arrange to purchase, outside of the United States, shares in Spar Nord Bank or any securities that are convertible into, exchangeable for or exercisable for such shares in Spar Nord Bank before or during the period in which the Offer remains open for acceptance. These purchases may occur either in the open market at prevailing prices or in private transactions at negotiated prices. Any information about such purchases will be announced via Nasdaq Copenhagen and relevant electronic media if, and to the extent, such announcement is required under applicable law. To the extent information about such purchases or arrangements to purchase is made public in Denmark, such information will be disclosed by means of a press release or other means reasonably calculated to inform US shareholders of Spar Nord Bank of such information.

    In addition, subject to the applicable laws of Denmark and US securities laws, including Rule 14e-5 under the U.S. Exchange Act, the financial advisers to Nykredit or their respective affiliates may also engage in ordinary course trading activities in securities of Spar Nord Bank, which may include purchases or arrangements to purchase such securities.

    It may not be possible for US shareholders to effect service of process within the United States upon Spar Nord Bank, Nykredit or any of their respective affiliates, or their respective officers or directors, some or all of which may reside outside the United States, or to enforce against any of them judgments of the United States courts predicated upon the civil liability provisions of the federal securities laws of the United States or other US law. It may not be possible to bring an action against Nykredit, Spar Nord Bank and/or their respective officers or directors (as applicable) in a non-US court for violations of US laws. Further, it may not be possible to compel Nykredit and Spar Nord Bank or their respective affiliates, as applicable, to subject themselves to the judgment of a US court. In addition, it may be difficult to enforce in Denmark original actions, or actions for the enforcement of judgments of US courts, based on the civil liability provisions of the US federal securities laws.

    The Offer, if completed, may have consequences under US federal income tax and under applicable US state and local, as well as non-US, tax laws. Each shareholder of Spar Nord Bank is urged to consult its independent professional adviser immediately regarding the tax consequences of the Offer.

    NEITHER THE U.S. SECURITIES AND EXCHANGE COMMISSION NOR ANY SECURITIES COMMISSION OR OTHER REGULATORY AUTHORITY IN ANY STATE OF THE U.S. HAS APPROVED OR DECLINED TO APPROVE THE OFFER OR THIS ANNOUNCEMENT, PASSED UPON THE FAIRNESS OR MERITS OF THE OFFER OR PROVIDED AN OPINION AS TO THE ACCURACY OR COMPLETENESS OF THIS ANNOUNCEMENT OR ANY OFFER DOCUMENT. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENCE IN THE UNITED STATES.


    1 Executive Order no. 636 of 15 May 2020

    Attachments

    The MIL Network

  • MIL-OSI: Soitec contributes to accelerated development of integrated optical connectivity solutions for AI datacentres with its silicon photonics SOI technology  

    Source: GlobeNewswire (MIL-OSI)

    Soitec contributes to accelerated development of integrated optical connectivity solutions for AI datacentres with its silicon photonics SOI technology

    • Industry development of co-packaged optics (CPO) accelerating towards commercialisation
    • CPO chip architectures directly integrate photonics for up to 30% energy saving
    • Soitec, a leader in SOI wafers for photonics, joins key industry alliance

    Bernin (France), March 19, 2025 – Soitec (Euronext – Tech Leaders), a world leader in the design and production of innovative semiconductor materials, welcomes recent industry steps to accelerate development and commercialisation of co-packaged optics (CPO) solutions for datacentres.

    The rapidly rising data requirements of AI and high-performance computing (HPC) are driving demand for silicon photonics-based CPO architectures, which integrate optical connectivity directly into processor housings or ‘packaging’, increasing both bandwidth and energy-efficiency.

    Recent industry initiatives to accelerate the commercialization of co-packaged optics include the unveiling of NVIDIA’s first CPO products, Spectrum-X and Quantum-X, on March 18, 2025. These innovations will be integrated into the next generation of NVIDIA servers designed for AI cloud infrastructure. These announcements follow the earlier introduction of groundbreaking CPO products and demonstrators by Broadcom, Intel, and Marvell.

    Processor architectures are being overhauled as growing data demand pushes them to current limits and drives higher electricity consumption. For datacentres, CPO adoption enables energy savings of around 30% compared with current optical transceiver-based solutions.

    Soitec is at the forefront of the transition from electrical to optical interconnects. CPO components are reliant on specialist silicon-on-insulator (Photonics-SOI) substrates, in which Soitec is a leader. With its two decades of experience in Photonics-SOI and industrial capacity to scale the technology, Soitec is uniquely placed to support market demand while maintaining high performance and reliability.

    Pierre Barnabé, Soitec Chief Executive Officer, said:

    The coming shift to CPO-based datacentre architectures is a major opportunity for Soitec’s advanced semiconductor materials, which already offer significant energy-efficiency and performance gains in applications ranging from mobile and wireless connectivity to electric cars. The latest industry initiatives and announcements show that momentum for widespread CPO adoption is building. This is further evidence that our strategic investments in innovation and technological diversification are paying off.”

    Soitec today separately announces that it has joined the SEMI Silicon Photonics Industry Alliance (SEMI SiPhIA), a group of more than 100 semiconductor industry partners, with TSMC and ASE serving as the alliance’s advocates. The alliance’s mission is to drive silicon photonics innovation and applications, advance industry standards, and foster knowledge-sharing, resource integration, and technical exchange. Through its membership, Soitec will contribute to strengthening supply chain partnerships and fostering international collaboration on the deployment of key next-generation technologies, including CPO.

    *****

    About Soitec

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    The MIL Network

  • MIL-OSI Asia-Pac: President Lai meets 2025 Yushan Forum participants

    Source: Republic of China Taiwan

    Details
    2025-03-18
    President Lai meets delegation led by Minister of Foreign Affairs Denzil Douglas of Saint Christopher and Nevis
    On the afternoon of March 18, President Lai Ching-te met with a delegation led by Minister of Foreign Affairs Denzil Douglas of the Federation of Saint Christopher and Nevis. In remarks, President Lai thanked St. Kitts and Nevis for speaking up for Taiwan at major international venues and supporting Taiwan’s international participation. The president expressed hope that our two countries continue to achieve remarkable results through cooperation in such fields as education and training, agricultural development, women’s empowerment, and environmental sustainability, and create even greater well-being for our peoples. A translation of President Lai’s remarks follows: I welcome Minister Douglas and our esteemed guests to Taiwan. Last June, Minister Douglas accompanied Prime Minister Terrance Drew and his wife on their trip to Taiwan. I am delighted to be able to meet and exchange views with Minister Douglas again less than one year later. Your presence fully demonstrates the profound bond between Taiwan and St. Kitts and Nevis. I look forward to the further deepening of our partnership through our exchanges during this visit. Although our two nations are separated by a great distance, we share such universal values as democracy, freedom, and respect for human rights. We also continue to achieve remarkable results through cooperation in such fields as education and training, agricultural development, women’s empowerment, and environmental sustainability. Given that Prime Minister Drew, Minister Douglas, and I all share medical backgrounds, we deeply understand the importance of people’s health. I thus look forward to St. Kitts and Nevis’s climate-smart JNF General Hospital commencing operations as soon as possible thanks to our cooperation. The provision of even higher-quality public health and medical services will yield benefits for many more people. I also believe that by having Taiwan share its experiences in renewable energy and energy-saving technologies, our two countries will jointly drive green industrial transformation and stimulate sustainable development together. I would like to take this opportunity to thank St. Kitts and Nevis for actively speaking up for Taiwan and supporting Taiwan’s participation at such major international venues and organizations as the United Nations General Assembly, the World Health Organization, and the International Civil Aviation Organization. In the future, Taiwan will continue to make critical contributions to the international community. With the support of Minister Douglas and our guests, I look forward to our two countries backing each other on the global stage and continuing to build an even stronger foundation for bilateral cooperation. Let us work together to address the various challenges we face and create even greater well-being for our peoples. Minister Douglas then delivered remarks, first conveying greetings from Prime Minister Drew to President Lai, the government, and the people of Taiwan. He then stated that over the last 41 years since the dawn of their nationhood, the Republic of China Taiwan has steadfastly walked beside St. Kitts and Nevis as a strong and immovable partner. As we reflect on four decades of our journey together, he said, we recognize the unswerving and unwavering spirit that has guided both our nations through trials and challenges. The minister then acknowledged the generous support of Taiwan’s government that has helped St. Kitts and Nevis in its own economic and social development. He went on to say that Taiwan’s partnership with St. Kitts and Nevis has been instrumental in helping them achieve the goals of their sustainable island state agenda. Whether in enhancing food security through the diversification of their agricultural sector, fostering clean energy solutions through the solar PV farm, or advancing healthcare through assistance in building their smart hospital, he said, Taiwan has been a steadfast partner in shaping a much more resilient and sustainable future for the people of their federation. In the spirit of reciprocity and solidarity, Minister Douglas said, St. Kitts and Nevis continues to leverage opportunities on the global stage to request incessantly that Taiwan be given its rightful place in international organizations, where it can make a meaningful contribution to resolving the world’s most critical issues. Minister Douglas indicated that the global challenges we face today demand collective action, and that Taiwan has the innovation, the technology, the knowledge, and the expertise to make a tremendous positive impact on some of the world’s most urgent issues. He said that St. Kitts and Nevis will never grow weary in their own support, but shall continue to sound the clarion call of “let Taiwan in,” as well as advocate for peace to be maintained in the Taiwan Strait. To close, Minister Douglas expressed gratitude for the warm hospitality bestowed upon him and his delegation by Taiwan’s government, remarking that the engagements they had thus far were pregnant with promise, and that they are confident in witnessing a fruitful outcome as we work together to build a prosperous and sustainable future for our peoples. The delegation also included Permanent Secretary in the Ministry of Foreign Affairs Kaye Bass, Permanent Secretary of Economic Development and Investment Adina Richards, and Director in the Ministry of International Trade Sean Lawrence. The delegation was accompanied to the Presidential Office by St. Kitts and Nevis Ambassador Donya L. Francis.

    Details
    2025-03-17
    President Lai meets Japan-ROC Diet Members’ Consultative Council Chairman Furuya Keiji
    On the afternoon of March 17, President Lai Ching-te met with a delegation led by Japanese House of Representatives Member and Japan-ROC Diet Members’ Consultative Council Chairman Furuya Keiji. In remarks, President Lai thanked the Consultative Council for doing its utmost to strengthen the relationship between Taiwan and Japan. He also stated that Taiwan and Japan are both part of the first island chain’s key line of defense, and in addition to continuing to bolster its economic strength and enhance its self-defense capabilities, Taiwan will work together with Japan and other like-minded countries to promote regional and global democracy, peace, and prosperity. A translation of President Lai’s remarks follows: I would like to extend a warm welcome to Chairman Furuya, who is visiting us once again. I am also delighted to meet House of Councillors Member Yamamoto Junzo and House of Representatives Member Hiranuma Shojiro today. Although the Japanese Diet is currently in session, our distinguished guests overcame many hurdles and organized a delegation to attend the 2025 Yushan Forum and deliver speeches, providing valuable insights into issues of mutual concern in the Indo-Pacific region and demonstrating the support for Taiwan in the Diet. Here, I would like to express my deepest gratitude. During the Yushan Forum, it was especially inspiring when Chairman Furuya spoke Taiwanese when he emphasized that “if Taiwan has a problem, then Japan has a problem.” Over the past few years under Chairman Furuya’s leadership, the Consultative Council has done its utmost to strengthen the relationship between Taiwan and Japan. In addition to passing resolutions every year supporting Taiwan’s participation in the World Health Organization and Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the council has established four internal research groups regarding the CPTPP, exchanges for women legislators, encouraging local-level exchanges, and the Taiwan Relations Act, using an issue-oriented approach to deepen Taiwan-Japan relations. Thanks to the Consultative Council’s long-term assistance and promotional efforts, the Japanese Ministry of Justice has announced that beginning this May, members of the Taiwanese overseas community in Japan included in the country’s family registry system may list “Taiwan” in the field designating their nationality or region of origin. This demonstrates the friendly relations between Taiwan and Japan, and the Taiwanese people will always remember the council’s continued concrete actions in support of Taiwan. In his remarks at the Yushan Forum today, Chairman Furuya mentioned that there are many areas in which Taiwan and Japan can engage in industrial cooperation. We can continue to deepen our partnership in semiconductors, energy, AI, unmanned aerial vehicles, and other areas related to economic security and supply chain resilience, all of which have significant room for cooperation, creating win-win situations for both Taiwan and Japan. As authoritarianism consolidates, democratic nations must come closer in solidarity. Taiwan and Japan are both part of the first island chain’s key line of defense. In addition to bolstering our economic strength and enhancing our self-defense capabilities, Taiwan will also work with Japan and other like-minded countries to promote regional and global democracy, peace, and prosperity. All of our distinguished guests are good friends of Taiwan, and are very familiar with Taiwan. I hope to continue working together with you all to carry Taiwan-Japan relations to an even higher level. Chairman Furuya then delivered remarks, first thanking President Lai for taking time out of his busy schedule to see them. He then noted that Japan, Taiwan, and quite a few other nations around the world changed leaders last year, and conditions around the world are becoming increasingly unstable. One cannot see what the world will be like a few years from now, he said, which is why he is counting so heavily on the strong leadership of President Lai. Chairman Furuya said that, in addition to collaboration in foreign affairs and security matters, economic cooperation between Taiwan and Japan is also very important. He mentioned new technologies, and said he had spoken quite a bit on the topic that very morning at the Yushan Forum. The clearest example, he said, is the establishment by Taiwan Semiconductor Manufacturing Company of a wafer plant in Japan’s Kumamoto Prefecture, which has sparked robust economic activity. He added that cooperation addressing such matters as cyberattacks and supply chain resilience is also very important. Chairman Furuya noted that President Lai had mentioned in his remarks that beginning from May, Taiwanese overseas community members in Japan will be able to list “Taiwan” on their family registers. The chairman expressed his view that this is not a foreign affairs issue, but rather a human rights issue for the Taiwanese people, and an excellent way to show respect for Taiwan. He further noted President Lai’s mentioning of the four research groups that the Consultative Council has established, and said that these groups will ramp up their work. He also expressed hope that Taiwan and Japan will work together to address challenges that face both countries, such as issues pertaining to democracy and peace in the Taiwan Strait, so that they can together push for international peace and stability. Chairman Furuya stated that reciprocal visits by Taiwanese and Japanese people reached an all-time high last year. He said that in the future, in addition to further promoting local exchanges between the two countries, he also hopes that Japanese middle school and high school students planning to go on overseas study trips will choose Taiwan as their destination, because he feels that any student who visits Taiwan will become a fan of this place. Also in attendance was Japan-Taiwan Exchange Association Taipei Office Chief Representative Katayama Kazuyuki.

    Details
    2025-03-17
    President Lai addresses opening of 2025 Yushan Forum
    On the morning of March 17, President Lai Ching-te attended the opening of the 2025 Yushan Forum, the theme of which was “New Southbound Policy+: Taiwan, the Indo-Pacific, and a New World.” In remarks, President Lai stated that the New Southbound Policy has led to great success in economic and trade cooperation, professional exchanges, resource sharing, and building regional links. He said that in the past, Taiwanese industries went from moving westward across the Taiwan Strait, to shifting southbound, to working closer with the north, but that now, Taiwan is confidently stepping across the Pacific, reaching eastward, to the Americas and other regions. While staying firmly rooted in Taiwan, he said, Taiwan’s enterprises are expanding their global presence and marketing worldwide. The president stated that Taiwan will strive alongside its partners in democracy to bolster non-red supply chains and digital solidarity, and together respond to the threats and challenges posed by expanding authoritarianism. He indicated that the Yushan Forum is a place to share experiences, and more importantly, lay down firm foundations for exchanges and cooperation among participants’ countries to create greater stability for the region and greater prosperity for the world. A transcript of President Lai’s remarks follows: On behalf of all the people of Taiwan, I want to welcome our good friends joining us from around the world. Your presence shows support for a peaceful and stable Taiwan and a free and open Indo-Pacific region. The Yushan Forum has become more than just an important platform for the New Southbound Policy. Over these eight years, more than 3,600 participants from Taiwan and 28 other countries have helped deepen Taiwan’s connections with nations around the world. The New Southbound Policy has led to great success in economic and trade cooperation, professional exchanges, resource sharing, and building regional links. Looking ahead, the Yushan Forum will be taking on the important mission of carrying its legacy forward and transforming it into action. Not only must we turn consensus into action plans for close cooperation among countries in the region; we must also work with partners around the world to forge ahead with cooperative plans for mutual prosperity. We hope to envision a new world from Taiwan – and see Taiwan in this new world. We are also embracing an era of smart technology. The government sessions of this Yushan Forum are therefore centered around topics including smart healthcare, smart transportation, and resilient supply chains for semiconductors. Taiwan is intent on working side by side with other countries to face the challenges of this new era. Today’s Taiwan celebrates not only the democratic achievements that are recognized by the international community, but also our strengths in the semiconductor and other tech industries, which enable us to play a key role in restructuring global democratic supply chains and the economic order. We are building on Taiwan as a “silicon island” for semiconductors while accelerating innovation and AI applications for industry. These efforts will help Taiwan become an “AI island” as well. We are also developing forward-looking fields such as quantum technology and precision medicine, which will create an industry ecosystem that is highly competitive and innovative. The government will also develop economic models powered by innovation. This will help SMEs (small- and medium-sized enterprises) upgrade and transform through the power of digital transformation and net-zero transition. In the past, Taiwanese industries went from moving westward across the Taiwan Strait, to shifting southbound, to working closer with the north. But now, we are confidently stepping across the Pacific, reaching eastward, to the Americas and other regions. While staying firmly rooted in Taiwan, our enterprises are expanding their global presence and marketing worldwide. Taiwan will continue to engage with the world, and we welcome the world to come closer to Taiwan. As we gather here today, I am confident that we share the same goal: Through international cooperation, we hope to build an even more inclusive, resilient, prosperous Indo-Pacific, while jointly defending the democracy, freedom, and peace we so firmly believe in. I want to thank you all once again for supporting Taiwan. We will strive alongside our partners in democracy to bolster non-red supply chains and digital solidarity, and together respond to the threats and challenges posed by expanding authoritarianism. Yushan is also known as Jade Mountain. It is Taiwan’s highest peak and stands as firm as our unwavering spirit. During this critical time of global change and transformation, the Yushan Forum is a place where we can share our experiences, and more importantly, lay down firm foundations for exchanges and cooperation among our countries. This way, we can create greater stability for the region and greater prosperity for the world. I wish everyone a successful forum. Thank you. Also in attendance at the event were former Prime Minister of Denmark and Alliance of Democracies Foundation Chairman Anders Fogh Rasmussen, former Prime Minister of the Republic of Slovenia Janez Janša, Japan-ROC Diet Members’ Consultative Council Chairman Furuya Keiji, and American Institute in Taiwan Taipei Office Director Raymond Greene.

    Details
    2025-03-13
    President Lai attends Ministry of Foreign Affairs 2025 Spring Banquet  
    On the evening of March 13, President Lai Ching-te attended the Ministry of Foreign Affairs 2025 Spring Banquet for foreign ambassadors and representatives stationed in Taiwan. In remarks, President Lai thanked our diplomatic allies and like-minded countries for continuing to demonstrate their high regard and support for Taiwan at international venues. The president stated that a stronger Taiwan will be able to contribute even more to the world, explaining that is why he established the National Climate Change Committee, the Whole-of-Society Defense Resilience Committee, and the Healthy Taiwan Promotion Committee. He added that he hopes to pool our strengths so as to formulate national development strategies and enhance Taiwan’s international collaboration. The president also expressed hope of developing opportunities for cooperation with other countries across many domains to jointly advance democracy, peace, and prosperity throughout the region and around the world. A translation of President Lai’s remarks follows: Today is my first time attending the Ministry of Foreign Affairs Spring Banquet since becoming president. It is a pleasure to be able to meet and socialize with esteemed guests from other countries and good friends from all sectors of Taiwan. The global landscape has changed rapidly over the past year. Geopolitical volatility, the restructuring of supply chains, technological advancements, and other factors have had a profound impact on nations’ strategic plans. I want to take this opportunity to thank our diplomatic allies and like-minded countries for continuing to demonstrate their high regard and support for Taiwan at international venues. Last month, the leaders of the United States and Japan, the US secretary of state and the foreign ministers of Japan and the Republic of Korea, and the G7 foreign ministers all issued joint statements emphasizing the importance of peace and stability across the Taiwan Strait, underscoring Taiwan’s vital role in global progress and prosperity.  I would especially like to thank members of the diplomatic corps for working with us to build even closer partnerships between our countries. I have always believed that a stronger Taiwan will be able to contribute even more to the world. That is why, after taking office, I established the National Climate Change Committee, the Whole-of-Society Defense Resilience Committee, and the Healthy Taiwan Promotion Committee under the Office of the President. These committees continue to address global concerns and seek to solve important issues that impact our own people. I hope to pool our strengths so as to formulate national development strategies and enhance Taiwan’s international collaboration.  Last year, I visited our Pacific allies – the Republic of the Marshall Islands, Tuvalu, and the Republic of Palau. I deeply appreciated our friends’ warm hospitality and came to feel very deeply that we are like a family. Through local visits and mutual exchanges, we deepened our diplomatic alliances and cooperation, creating win-win outcomes. We also showed Taiwan’s determination to work with allies to tackle the many challenges related to climate change, net-zero transition, and digital transformation. At the start of this month, Taiwan hosted the first-ever workshop on whole-of-society defense resilience under the Global Cooperation and Training Framework. Experts and scholars from 30 countries participated in the discussions. I once again thank the diplomatic corps for their support and assistance. In the future, we look forward to developing opportunities for cooperation with other countries across many domains to jointly advance democracy, peace, and prosperity throughout the region and around the world. In the face of authoritarian expansion, Taiwan will continue to bolster its national defense capabilities. We will stand shoulder to shoulder with fellow democracies to demonstrate the strength of deterrence. We will also join hands to build non-red supply chains, strengthen our economic resilience, and promote an initiative on semiconductor supply chain partnerships for global democracies. All of this will ensure steady technological and economic development.  In my New Year’s Day address, I said that in this new year, we have many more brilliant stories of Taiwan to share with the world. Everyone gathered here tonight is a dear friend of Taiwan. And each of you plays an important role in the stories this land has to tell.  I am deeply grateful to you all for the incredible efforts you make in support of Taiwan. In so many ways, you connect Taiwan to the rest of the world and allow the world to see the many different sides of this amazing nation. I believe that through even deeper and more extensive cooperation, we will create many more wonderful stories of Taiwan and build an even brighter future together. I wish you all a pleasant evening. Also in attendance at the event were Dean of the Diplomatic Corps and Saint Vincent and the Grenadines Ambassador Andrea Clare Bowman and other members of the foreign diplomatic corps in Taiwan.

    Details
    2025-03-04
    President Lai meets US Heritage Foundation founder Dr. Edwin Feulner
    On the afternoon of March 4, President Lai Ching-te met with a delegation led by founder of the US-based Heritage Foundation Dr. Edwin Feulner. In remarks President Lai thanked the foundation for publishing the 2025 Index of Economic Freedom, in which Taiwan ranked fourth globally and which recognized Taiwan’s sound legal foundation and ideal investment environment. The president said that Taiwan and the United States are important economic and trade partners and engage closely in industrial exchange. The president also expressed hope to expand investment in and procurement from the US in such areas as high-tech, energy, and agricultural products, and to work with the US and other democratic partners to create more resilient and diverse semiconductor supply chains to address new circumstances. A translation of President Lai’s remarks follows: It is a pleasure to welcome Dr. Feulner back to Taiwan today. I recall meeting with Dr. Feulner and Heritage Foundation President Kevin Roberts here at the Presidential Office at the end of last February. We had a fruitful discussion on Taiwan-US relations and regional affairs. When President Donald Trump was elected for his first term, Dr. Feulner played a crucial role in the administration’s transition team. Today, I look forward to hearing his thoughts on possible ways to further deepen relations between Taiwan and the US. I would like to thank the Heritage Foundation for publishing the 2025 Index of Economic Freedom, in which Taiwan ranked fourth globally. The report also recognized Taiwan’s sound legal foundation and ideal investment environment. Taiwan and the US are important economic and trade partners and engage closely in industrial exchange. The Taiwan Semiconductor Manufacturing Company’s (TSMC) historic US$65 billion investment in Arizona–negotiated and finalized during President Trump’s first term–is a case in point. And today, TSMC Chairman C.C. Wei (魏哲家) and President Trump jointly announced that the company would be expanding its investment in the US with new facilities. Looking ahead, we hope to expand investment in and procurement from the US in such areas as high-tech, energy, and agricultural products. We also look forward to working with the US and other democratic partners to create more resilient and diverse semiconductor supply chains to address new circumstances. At present, we continue to face authoritarian expansionism. As a country that deeply loves and staunchly defends freedom, Taiwan will collaborate with the US and other like-minded countries to maintain regional peace and stability. I would like to thank President Trump for his recent joint statement with Japanese Prime Minister Ishiba Shigeru, which emphasized the importance of maintaining peace and stability across the Taiwan Strait. And last month, the US was also part of a G7 foreign ministers’ statement in which “they strongly opposed any attempts to change unilaterally the status quo using force.” We firmly believe that only peace attained through one’s own strength can truly be called peace. Currently, Taiwan’s defense budget stands at approximately 2.5 percent of GDP. Going forward, the government will prioritize special budget allocations to ensure that Taiwan’s defense budget exceeds 3 percent of GDP. Also, we will continue to reform national defense in the conviction that help comes most to those who help themselves. This will allow us to contribute even more to regional peace and stability. In closing, I once again thank Dr. Feulner for visiting and for demonstrating support of Taiwan. I wish you all a smooth and successful trip. Dr. Feulner then delivered remarks, first stating that on behalf of his successor, President Roberts, and all of his colleagues at the Heritage Foundation, it is his pleasure to present President Lai with the first copy of the 2025 Index of Economic Freedom. Pointing out that in the Index the Republic of China (Taiwan) is number four of 176 countries around the world in terms of its economic freedom, Dr. Feulner extended his congratulations to President Lai.  Dr. Feulner said he looks forward to a discussion about the present situation and how we can improve relations between the US and Taiwan. Dr. Feulner expressed his gratitude on hearing the wonderful announcement from TSMC, which was released right before his visit, that it will be expanding its investment in the US. In past trips, he said, he has had the opportunity to visit the TSMC headquarters in Taiwan, and fairly recently he has had the opportunity to view the site in Arizona where the construction continues and where the initial operations are beginning. He stated that they are proud to have TSMC now as an integral part of our responsible bilateral relationship. Dr. Feulner noted that while TSMC is of course very big, he also wants to express appreciation for all of the hundreds and hundreds of Taiwan-based companies that are strong, close partners throughout the US with American companies and with American people in terms of making a close and unified alliance of two freedom-loving countries.

    Details
    2025-03-13
    President Lai holds press conference following high-level national security meeting
    On the afternoon of March 13, President Lai Ching-te convened a high-level national security meeting, following which he held a press conference. In remarks, President Lai introduced 17 major strategies to respond to five major national security and united front threats Taiwan now faces: China’s threat to national sovereignty, its threats from infiltration and espionage activities targeting Taiwan’s military, its threats aimed at obscuring the national identity of the people of Taiwan, its threats from united front infiltration into Taiwanese society through cross-strait exchanges, and its threats from using “integrated development” to attract Taiwanese businesspeople and youth. President Lai emphasized that in the face of increasingly severe threats, the government will not stop doing its utmost to ensure that our national sovereignty is not infringed upon, and expressed hope that all citizens unite in solidarity to resist being divided. The president also expressed hope that citizens work together to increase media literacy, organize and participate in civic education activities, promptly expose concerted united front efforts, and refuse to participate in any activities that sacrifice national interests. As long as every citizen plays their part toward our nation’s goals for prosperity and security, he said, and as long as we work together, nothing can defeat us. A translation of President Lai’s remarks follows: At many venues recently, a number of citizens have expressed similar concerns to me. They have noticed cases in which members of the military, both active-duty and retired, have been bought out by China, sold intelligence, or even organized armed forces with plans to harm their own nation and its citizens. They have noticed cases in which entertainers willingly followed instructions from Beijing to claim that their country is not a country, all for the sake of personal career interests. They have noticed how messaging used by Chinese state media to stir up internal opposition in Taiwan is always quickly spread by specific channels. There have even been individuals making careers out of helping Chinese state media record united front content, spreading a message that democracy is useless and promoting skepticism toward the United States and the military to sow division and opposition. Many people worry that our country, as well as our hard-won freedom and democracy and the prosperity and progress we achieved together, are being washed away bit by bit due to these united front tactics. In an analysis of China’s united front, renowned strategic scholar Kerry K. Gershaneck expressed that China plans to divide and conquer us through subversion, infiltration, and acquisition of media, and by launching media warfare, psychological warfare, and legal warfare. What they are trying to do is to sow seeds of discord in our society, keep us occupied with internal conflicts, and cause us to ignore the real threat from outside. China’s ambition over the past several decades to annex Taiwan and stamp out the Republic of China has not changed for even a day. It continues to pursue political and military intimidation, and its united front infiltration of Taiwan’s society grows ever more serious. In 2005, China promulgated its so-called “Anti-Secession Law,” which makes using military force to annex Taiwan a national undertaking. Last June, China issued a 22-point set of “guidelines for punishing Taiwan independence separatists,” which regards all those who do not accept that “Taiwan is part of the People’s Republic of China” as targets for punishment, creating excuses to harm the people of Taiwan. China has also recently been distorting United Nations General Assembly Resolution 2758, showing in all aspects China’s increasingly urgent threat against Taiwan’s sovereignty. Lately, China has been taking advantage of democratic Taiwan’s freedom, diversity, and openness to recruit gangs, the media, commentators, political parties, and even active-duty and retired members of the armed forces and police to carry out actions to divide, destroy, and subvert us from within. A report from the National Security Bureau indicates that 64 persons were charged last year with suspicion of spying for China, which was three times the number of persons charged for the same offense in 2021. Among them, the Unionist Party, Rehabilitation Alliance Party, and Republic of China Taiwan Military Government formed treasonous organizations to deploy armed forces for China. In a democratic and free society, such cases are appalling. But this is something that actually exists within Taiwan’s society today. China also actively plots ways to infiltrate and spy on our military. Last year, 28 active-duty and 15 retired members of the armed forces were charged with suspicion of involvement in spying for China, respectively comprising 43 percent and 23 percent of all of such cases – 66 percent in total. We are also alert to the fact that China has recently used widespread issuance of Chinese passports to entice Taiwanese citizens to apply for the Residence Permit for Taiwan Residents, permanent residency, or the Resident Identity Card, in an attempt to muddle Taiwanese people’s sense of national identity. China also views cross-strait exchanges as a channel for its united front against Taiwan, marking enemies in Taiwan internally, creating internal divisions, and weakening our sense of who the enemy really is. It intends to weaken public authority and create the illusion that China is “governing” Taiwan, thereby expanding its influence within Taiwan. We are also aware that China has continued to expand its strategy of integrated development with Taiwan. It employs various methods to demand and coerce Taiwanese businesses to increase their investments in China, entice Taiwanese youth to develop their careers in China, and unscrupulously seeks to poach Taiwan’s talent and steal key technologies. Such methods impact our economic security and greatly increase the risk of our young people heading to China. By its actions, China already satisfies the definition of a “foreign hostile force” as provided in the Anti-Infiltration Act. We have no choice but to take even more proactive measures, which is my purpose in convening this high-level national security meeting today. It is time we adopt proper preventive measures, enhance our democratic resilience and national security, and protect our cherished free and democratic way of life. Next, I will be giving a detailed account of the five major national security and united front threats Taiwan now faces and the 17 major strategies we have prepared in response. I. Responding to China’s threats to our national sovereignty We have a nation insofar as we have sovereignty, and we have the Republic of China insofar as we have Taiwan. Just as I said during my inaugural address last May, and in my National Day address last October: The moment when Taiwan’s first democratically elected president took the oath of office in 1996 sent a message to the international community, that Taiwan is a sovereign, independent, democratic nation. Among people here and in the international community, some call this land the Republic of China, some call it Taiwan, and some, the Republic of China Taiwan. The Republic of China and the People’s Republic of China are not subordinate to each other, and Taiwan resists any annexation or encroachment upon our sovereignty. The future of the Republic of China Taiwan must be decided by its 23 million people. This is the status quo that we must maintain. The broadest consensus in Taiwanese society is that we must defend our sovereignty, uphold our free and democratic way of life, and resolutely oppose annexation of Taiwan by China. (1) I request that the National Security Council (NSC), the Ministry of National Defense (MND), and the administrative team do their utmost to promote the Four Pillars of Peace action plan to demonstrate the people’s broad consensus and firm resolve, consistent across the entirety of our nation, to oppose annexation of Taiwan by China. (2) I request that the NSC and the Ministry of Foreign Affairs draft an action plan that will, through collaboration with our friends and allies, convey to the world our national will and broad social consensus in opposing annexation of Taiwan by China and in countering China’s efforts to erase Taiwan from the international community and downgrade Taiwan’s sovereignty. II. Responding to China’s threats from infiltration and espionage activities targeting our military (1) Comprehensively review and amend our Law of Military Trial to restore the military trial system, allowing military judges to return to the frontline and collaborate with prosecutorial, investigative, and judicial authorities in the handling of criminal cases in which active-duty military personnel are suspected of involvement in such military crimes as sedition, aiding the enemy, leaking confidential information, dereliction of duty, or disobedience. In the future, criminal cases involving active-duty military personnel who are suspected of violating the Criminal Code of the Armed Forces will be tried by a military court. (2) Implement supporting reforms, including the establishment of a personnel management act for military judges and separate organization acts for military courts and military prosecutors’ offices. Once planning and discussion are completed, the MND will fully explain to and communicate with the public to ensure that the restoration of the military trial system gains the trust and full support of society. (3) To deter the various types of controversial rhetoric and behavior exhibited by active-duty as well as retired military personnel that severely damage the morale of our national military, the MND must discuss and propose an addition to the Criminal Code of the Armed Forces on penalties for expressions of loyalty to the enemy as well as revise the regulations for military personnel and their families receiving retirement benefits, so as to uphold military discipline. III. Responding to China’s threats aimed at obscuring the national identity of the people of Taiwan (1) I request that the Ministry of the Interior (MOI), Mainland Affairs Council (MAC), and other relevant agencies, wherever necessary, carry out inspections and management of the documents involving identification that Taiwanese citizens apply for in China, including: passports, ID cards, permanent residence certificates, and residence certificates, especially when the applicants are military personnel, civil servants, or public school educators, who have an obligation of loyalty to Taiwan. This will be done to strictly prevent and deter united front operations, which are performed by China under the guise of “integrated development,” that attempt to distort our people’s national identity. (2) With respect to naturalization and integration of individuals from China, Hong Kong, and Macau into Taiwanese society, more national security considerations must be taken into account while also attending to Taiwan’s social development and individual rights: Chinese nationals applying for permanent residency in Taiwan must, in accordance with the law of Taiwan, relinquish their existing household registration and passport and may not hold dual identity status. As for the systems in place to process individuals from Hong Kong or Macau applying for residency or permanent residency in Taiwan, there will be additional provisions for long-term residency to meet practical needs. IV. Responding to China’s threats from united front infiltration into Taiwanese society through cross-strait exchanges  (1) There are increasing risks involved with travel to China. (From January 1, 2024 to today, the MAC has received reports of 71 Taiwanese nationals who went missing, were detained, interrogated, or imprisoned in China; the number of unreported people who have been subjected to such treatment may be several times that. Of those, three elderly I-Kuan Tao members were detained in China in December of last year and have not yet been released.) In light of this, relevant agencies must raise public awareness of those risks, continue enhancing public communication, and implement various registration systems to reduce the potential for accidents and the risks associated with traveling to China. (2) Implement a disclosure system for exchanges with China involving public officials at all levels of the central and local government. This includes everyone from administrative officials to elected representatives, from legislators to village and neighborhood chiefs, all of whom should make the information related to such exchanges both public and transparent so that they can be accountable to the people. The MOI should also establish a disclosure system for exchanges with China involving public welfare organizations, such as religious groups, in order to prevent China’s interference and united front activities at their outset. (3) Manage the risks associated with individuals from China engaging in exchanges with Taiwan: Review and approval of Chinese individuals coming to Taiwan should be limited to normal cross-strait exchanges and official interactions under the principles of parity and dignity, and relevant factors such as changes in the cross-strait situation should be taken into consideration. Strict restrictions should be placed on Chinese individuals who have histories with the united front coming to Taiwan, and Chinese individuals should be prohibited from coming to Taiwan to conduct activities related in any way to the united front. (4) Political interference from China and the resulting risks to national security should be avoided in cross-strait exchanges. This includes the review and management of religious, cultural, academic, and education exchanges, which should in principle be depoliticized and de-risked so as to simplify people-to-people exchanges and promote healthy and orderly exchanges. (5) To deter the united front tactics of a cultural nature employed by Chinese nationals to undermine Taiwan’s sovereignty, the Executive Yuan must formulate a solution to make our local cultural industries more competitive, including enhanced support and incentives for our film, television, and cultural and creative industries to boost their strengths in democratic cultural creation, raise international competitiveness, and encourage research in Taiwan’s own history and culture. (6) Strengthen guidance and management for entertainers developing their careers in China. The competent authorities should provide entertainers with guidelines on conduct while working in China, and make clear the scope of investigation and response to conduct that endangers national dignity. This will help prevent China from pressuring Taiwanese entertainers to make statements or act in ways that endanger national dignity. (7) The relevant authorities must adopt proactive, effective measures to prevent China from engaging in cognitive warfare against Taiwan or endangering cybersecurity through the internet, applications, AI, and other such tools. (8) To implement these measures, each competent authority must run a comprehensive review of the relevant administrative ordinances, measures, and interpretations, and complete the relevant regulations for legal enforcement. Should there be any shortcomings, the legal framework for national security should be strengthened and amendments to the National Security Act, Anti-Infiltration Act, Act Governing Relations between the People of the Taiwan Area and the Mainland Area, Laws and Regulations Regarding Hong Kong & Macao Affairs, or Cyber Security Management Act should be proposed. Communication with the public should also be increased so that implementation can happen as soon as possible. V. Responding to threats from China using “integrated development” to attract Taiwanese businesspeople and youth (1) I request that the NSC and administrative agencies work together to carry out strategic structural adjustments to the economic and trade relations between Taiwan and China based on the strategies of putting Taiwan first and expanding our global presence while staying rooted in Taiwan. In addition, they should carry out necessary, orderly adjustments to the flow of talent, goods, money, and skills involved in cross-strait economic and trade relations based on the principle of strengthening Taiwan’s foundations to better manage risk. This will help boost economic security and give us more power to respond to China’s economic and trade united front and economic coercion against Taiwan. (2) I request that the Ministry of Education, MAC, Ministry of Economic Affairs, and other relevant agencies work together to comprehensively strengthen young students’ literacy education on China and deepen their understanding of cross-strait exchanges. I also request these agencies to widely publicize mechanisms for employment and entrepreneurship for Taiwan’s youth and provide ample information and assistance so that young students have more confidence in the nation’s future and more actively invest in building up and developing Taiwan. My fellow citizens, this year marks the 80th anniversary of the end of the Second World War. History tells us that any authoritarian act of aggression or annexation will ultimately end in failure. The only way we can safeguard freedom and prevail against authoritarian aggression is through solidarity. As we face increasingly severe threats, the government will not stop doing its utmost to ensure that our national sovereignty is not infringed upon, and to ensure that the freedom, democracy, and way of life of Taiwan’s 23 million people continues on as normal. But relying solely on the power of the government is not enough. What we need even more is for all citizens to stay vigilant and take action. Every citizen stands on the frontline of the defense of democracy and freedom. Here is what we can do together: First, we can increase our media literacy, and refrain from spreading and passing on united front messaging from the Chinese state. Second, we can organize and participate in civic education activities to increase our knowledge about united front operations and build up whole-of-society defense resilience. Third, we can promptly expose concerted united front efforts so that all malicious attempts are difficult to carry out. Fourth, we must refuse to participate in any activities that sacrifice national interests. The vigilance and action of every citizen forms the strongest line of defense against united front infiltration. Only through solidarity can we resist being divided. As long as every citizen plays their part toward our nation’s goals for prosperity and security, and as long as we work together, nothing can defeat us.

    MIL OSI Asia Pacific News

  • MIL-OSI: Šiaulių Bankas has placed EUR 300 million bond issue in the international market

    Source: GlobeNewswire (MIL-OSI)

    THIS ANNOUNCEMENT DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER, INVITATION TO SELL OR ISSUE, OR ANY SOLICITATION OF AN OFFER TO PURCHASE OR SUBSCRIBE FOR, ANY SECURITIES OF AKCINĖ BENDROVĖ ŠIAULIŲ BANKAS.

    Šiaulių Bankas AB has successfully placed EUR 300 million issue of 5.25-year senior preferred fixed rate reset notes with an optional call date and interest rate reset at 4.25 years from issue.

    The annual fixed rate coupon on the notes up to the reset date will be 4.597%. Settlement will take place on 25 March 2025. Listing of the notes will be on Euronext Dublin.

    The notes have been allocated to more than 100 institutional investors from the UK, Germany, France, Switzerland, Baltic States and other countries, including supranational financial organizations.

    “We appreciate the confidence international investors have shown contributing to our growth story and the partners who are helping us to achieve this ambition – this successful issuance will make a significant contribution to the Šiaulių Bankas’ strategic plans.

    We are pleased that international investors view the country’s economic prospects favourably and recognize our institutions as sound and investment,” says Tomas Varenbergas, Member of the Board and Head of the Investment Management Division of Šiaulių Bankas.

    The proceeds of the notes will be used to meet existing and future minimum own funds and eligible liabilities (MREL) targets, to improve the bank’s liquidity position, and to finance other general corporate purposes.

    The notes rated Baa1 with a stable outlook by the international rating agency Moody’s.

    Relevant stabilisation regulations including FCA/ICMA will apply.

    Šiaulių Bankas mandated global investment banks Erste Group, Goldman Sachs Bank Europe SE and Morgan Stanley as well as Šiaulių Bankas AB as Joint Lead Managers.

    Šiaulių Bankas as the issuer was advised on legal matters by Dentons UK and Middle East LLP and TGS Baltic as lead issuer’s legal counsel. The Joint Lead Managers were advised by Linklaters LLP and Sorainen on legal issues.

    This communication is not an offer of securities or investments for sale nor a solicitation of an offer to buy securities or investments in any jurisdiction where such offer or solicitation would be unlawful. No action has been taken that would permit an offering of securities or possession or distribution of this announcement in any jurisdiction where action for that purpose is required. Persons into whose possession this announcement comes are required to inform themselves about and to observe any such restrictions.

    Additional information:

    Tomas Varenbergas
    Head of Investment Management Division
    tomas.varenbergas@sb.lt

    The MIL Network