Category: India

  • MIL-OSI: Relm Insurance and Liva Group Empower Innovation and Entrepreneurship in Web3 and AI Through Strategic Insurance Partnership

    Source: GlobeNewswire (MIL-OSI)

    • Liva and Relm focus on businesses in high-growth innovative sectors often not covered by traditional insurance products.
    • From digital asset insurance to AI-related risk management and solutions, the partnership ensures businesses operating in these industries can secure the coverage they need to thrive.
    • Partnership will initially support companies in the UAE and Bahrain, with plans to extend services to Oman, Saudi Arabia, and other key markets in MENA.

    Dubai, UAE, Feb. 26, 2025 (GLOBE NEWSWIRE) — Liva Group, a leading insurance group operating across the GCC, and Relm Insurance — the only insurer dedicated to dedicated to emerging sectors — today signed a strategic partnership aimed at empowering innovation and entrepreneurship in emerging sectors such as digital assets, biotech, and AI.

    The union will deliver tailored insurance solutions that address the unique and complex needs of tech companies.

    The partnership was formally signed by Martin Rueegg, CEO of Liva Group, and Joseph Ziolkowski, Global CEO and Founder of Relm Insurance, at DIFC AI Campus as part of DFS Dialogues. DFS Dialogues are exclusive strategic conversations that take place in invite-only gatherings in the lead-up to the Dubai FinTech Summit.

    Whether they’re start-ups or established players, firms in emerging sectors often struggle to get the right insurance due to a lack of understanding of their industries’ rapidly evolving landscape, which stifles innovation and deters investment. By combining Liva Group’s deep market knowledge with Relm’s deep expertise in specialised insurance, the partnership will provide unparalleled support to these companies, empowering them to tackle complex challenges and seize new opportunities.

    The alliance will initially support companies in the UAE and Bahrain, with plans to extend services to Oman, Saudi Arabia, and other key markets in MENA, supporting the region’s development as a leader in digital transformation, AI innovation, and blockchain technology.

    Martin Rueegg, Group CEO of Liva Group, said: “Sectors such as digital assets and AI are critical to the next phase of growth in this region. We believe that unlocking their full potential requires fostering an environment where creativity, collaboration, and innovation can thrive. At Liva, we recognise that technology is a key enabler of this transformation. By leveraging data-driven insights and digital solutions, we are not only improving customer experiences but also enhancing our ability to anticipate and respond to evolving market needs. A key aspect of this is providing entrepreneurs and investors with the confidence to embrace new challenges and explore fresh ideas. This mission is at the heart of our partnership with Relm.”

    Joseph Ziolkowski, Global CEO & Founder of Relm Insurance, added: “Our priority is to support clients and brokers by providing the insurance solutions tailored for innovative businesses in this region. This collaboration enables brokers to offer their clients the security they need to thrive in complex and dynamic sectors.”

    Operating through its Dubai-based affiliate, Relm Insurance holds a Category 4 licence issued by the Dubai Financial Services Authority (DFSA). With its new headquarters in DIFC and regulation under the Bermuda Monetary Authority, Relm is well-positioned to provide its specialised insurance solutions in the region.

    -ENDS-

    About Liva Group

    Liva is an insurance group operating across the GCC, founded on the belief that insurance is a pillar that supports both personal and professional lives. As one of the pioneering insurance players in the region, Liva’s team of 1,200 employees is dedicated to offering products and services centred on customer needs, empowering individuals, businesses, and communities to thrive. Serving more than 1.5 million customers, Liva has a strong and growing presence in the United Arab Emirates, Oman, Kingdom of Saudi Arabia, Kuwait, and Bahrain across motor, home travel, health, life, and commercial insurance, as well owning subsidiaries such as NSSPL (India) and Inayah TPA (UAE), supporting its long-term strategy to scale and diversify the business. The word “Liva” signifies “protection” or “life”, reflecting the Group’s commitment to protecting what matters most to its people, its partners, and, most of all, its customers.

    About Relm Insurance

    Relm Insurance Ltd. (Relm) is a Bermuda-domiciled specialty insurance carrier that supports emerging industries driving innovation and next-generation technologies. Launched in 2019, Relm offers a wide range of insurance products to high-growth markets, including digital assets, blockchain, AI, biotech, and the space economy. With a Financial Stability Rating of ‘A, Exceptional’ from Demotech, Relm is widely recognised for its industry expertise and solutions-driven approach, making it a trusted risk partner for businesses operating at the frontier of technological innovation.

    Media Contacts

    Sarah Abdelbary
    Brunswick Group
    sabdelbary@brunswickgroup.com

    Reannah Smith  
    Luna PR  
    reannah@lunapr.io

    The MIL Network

  • MIL-OSI: Bridgetown Research raises $19M from Lightspeed and Accel to deploy AI business research agents

    Source: GlobeNewswire (MIL-OSI)

    Seattle, Feb. 26, 2025 (GLOBE NEWSWIRE) — Strategic business decisions have traditionally been expensive and slow for a fundamental reason: they don’t happen enough. This means companies lack both historical data to learn from and experts who have seen enough similar cases. Bridgetown Research is changing that. Today, the AI decision science startup announced $19 million in Series A funding led by Lightspeed and Accel, with participation from a leading research university.

    Bridgetown Research has developed AI agents that autonomously execute research. Most notable amongst these agents are voice bots trained to recruit and interview industry experts, gathering primary data that can be analyzed alongside alternative data sourced from their partners. 

    Bridgetown Research founder Harsh Sahai.

    Founded by Harsh Sahai, who previously led machine learning teams at Amazon before leading strategy engagements at McKinsey & Co., Bridgetown Research was born from a simple observation: the majority of business analyses are a permutation of a small number of automatable tasks. The founding team, comprising former professionals from McKinsey, Bain, Amazon, and leading tech startups, brings together extensive experience across strategy consulting and technology.

    “We are excited to be a catalyst for change. We are working with multiple private equity firms, management consulting firms, and corporate teams to help make strategic decisions better and faster. This in turn is driving up demand for advisory and information services downstream. We enable $10+ of advisory and information services revenue for every $1 we make. Together with leading institutions, we’re building something bigger than ourselves—an ecosystem where everyone thrives,” commented Harsh Sahai, CEO & founder of Bridgetown Research.

    While many AI solutions focus on searching and summarizing information using LLMs, real world business decisions require much more than synthesising the open web. They need proprietary data such as primary data from experts and customer surveys, along with frameworks to understand markets, what Harsh Sahai calls “ontologies”. Moreover, outputs need to be repeatable and auditable for a business to use them to make decisions with tens of millions of dollars at stake. Bridgetown Research is the only player using agents to gather primary data and systematically find patterns in it to generate original insights. 

    Bridgetown Research: (L to R) Founder Harsh Sahai with Director of Engineering Mohak Singh. 

    “AI is causing widespread disruptions across many enterprise functions, and Bridgetown Research is riding that wave by assisting executives in making important strategic decisions. We are pleased to see Bridgetown serving several marquee customers, with users likening its platform to having a team of top-tier consultants at their fingertips. We are excited to partner with Harsh, who, with his background as an ace AI research scientist turned management consultant, blends a unique combination of skills and insight needed to imagine this whole new category of applied AI,” said Anagh Prasad, Investor at Accel.

    Bridgetown Research started with a focus on private equity deal screening diligence. Multiple top-tier PE & VC firms already use Bridgetown Research for deal screening and deeper commercial diligence. They’re able to screen their pipeline much faster with initial analysis taking 24 hours instead of weeks without Bridgetown enabling teams to focus on actual decision making instead of research and analysis. For other customers Bridgetown has enabled voice of customer conversations that cover hundreds of respondents in parallel, and within days. 

    Ishaan Preet Singh, Investor at Lightspeed added “Companies are built on the quality of strategic decisions, and the research and analysis behind it. Bridgetown Research enables the smartest executives and investors to make these decisions with an order of magnitude more information, and at a pace that was earlier impossible. Harsh and Bridgetown are already creating immense value for their customers, but are still just scratching the surface of the leverage that AI can create.”

    As global markets become increasingly complex, the demand for efficient and effective decision-making tools continues to rise. With this funding round, Bridgetown Research plans to invest further in training its AI agents to perform a broader set of analyses across a broader range of domains, and deepening industry partnerships to enhance access to domain-specific intelligence.

    Ends

    Media images can be found here

    About Bridgetown Research
    Bridgetown Research builds AI agents for decision research. Its voice agents and web crawlers find and clean data, while its analyses agents produce repeatable, auditable, and reliable analyses. The team consists of computer scientists, econometricians, software engineers, investors and business consultants, working across geographies. For more information please visit https://www.bridgetownresearch.com/ 

    About Accel 
    Accel is a global venture capital firm that aims to be the first partner to exceptional teams everywhere (Facebook, Flipkart, etc.), from inception through all phases of private company growth. Accel has been operating in India since 2008, and its investments include companies like BookMyShow, Browserstack, Flipkart, Freshworks, FalconX, Infra.Market, Chargebee, Clevertap, Cure Fit, Musigma, Moneyview, Mensa Brands, Myntra, Moglix, Ninjacart, Swiggy, Stanza Living, Urban Company, Zetwerk, and Zenoti, among many others. We help ambitious entrepreneurs build iconic global businesses. For more, visit: www.accel.com

    About Lightspeed
    Lightspeed is a global multi-stage venture capital firm focused on accelerating disruptive innovations and trends in the Enterprise, Consumer, Health, and Fintech sectors. Over the past two decades, the Lightspeed team has backed hundreds of entrepreneurs and helped build more than 500 companies globally including Affirm, Acceldata, Carta, Cato Networks, Darwinbox, Epic Games, Faire, Innovaccer, Guardant Health, Mulesoft, Navan, Netskope, Nutanix, Physics Wallah, Razorpay, Rubrik, Sharechat, Snap, OYO Rooms, Ultima Genomics, Zepto and more. Lightspeed and its global team currently manage $25B in AUM across the Lightspeed platform, with investment professionals and advisors in the U.S., Europe, India, Israel, and Southeast Asia. www.lsip.com

    The MIL Network

  • MIL-OSI Global: Ukraine war: why negotiations depend on trust

    Source: The Conversation – UK – By David J. Wilcox, Part-Time Teaching Fellow, Department of Political Science and International Relations, University of Birmingham

    Donald Trump may have begun discussions with the Russian president, Vladimir Putin, over a possible end to the war in Ukraine, but there currently appears to be something of a stalemate.

    Russia’s stated objectives of holding on to five regions of Ukraine (including Crimea) as well as ensuring Ukraine’s permanent neutrality is unlikely to be acceptable to Ukraine’s president Volodymyr Zelensky. Meanwhile, Zelensky and Trump had a very public falling out, with the US president calling Zelensky a “dictator”.

    This seems to have been resolved somewhat now that the pair appear to have agreed a deal for the US to jointly develop Ukraine’s mineral resources. But serious further negotiation to actually end the war will depend on whether the key players can trust each other as well as whether Zelensky perceives anything Putin and Trump have to say as believable.

    Broadly speaking, trust and its development between leaders offers a potential route to overcoming international conflict and bringing about diplomatic agreement. Indeed, a minimum level of trust is needed to enable states to work together.

    An example of this was how the relationship between Soviet leader Mikhail Gorbachev and US president Ronald Reagan developed. Arguably it was regular face-to-face interactions between Gorbachev and Reagan (four summits in just over three years) which allowed them to develop a level of understanding and increase trust, allowing them to reduce nuclear weapon stockpiles.

    Nevertheless, it still took time to develop their trust and this remained fragile.

    How is trust won?

    Trust is an important element in effective negotiations and can shape their outcome and influence whether peace talks are successful. The importance of trust in a negotiation can be found throughout history.

    US talks with Russia in Saudi Arabia, February 2025.

    Even if trust has potentially developed between leaders, if other individual decision-makers, such as military leaders, do not share that trust, it can seriously damage negotiations. One example of this is how the Lahore peace process between India and Pakistan in 1999 was undermined by Pakistani military action.

    General Pervez Musharraf, head of the armed forces, conducted a military incursion into the Jammu and Kashmir area, violating the treaty between the two states and leading to a breakdown in trust, undermining the peace deal signed earlier that year between the Pakistani prime minister, Nawaz Sharif, and his Indian counterpart, Atal Bihari Vajpayee

    Who do you trust?

    In international relations terms the key factors that create trust are considered by scholars to be capacity, peaceful intention, integrity and predictability . Trump seems to believe that Putin is a trustworthy negotiating partner because he perceives him as sincere in his desire for peace. This view is not shared by Zelensky, who questions Putin’s sincerity, intentions and integrity .

    Zelensky suggests that Putin’s past actions (including leading a full-scale invasion of Ukraine) point towards his future untrustworthiness. This may be underlined by Russia’s dismissal of the Minsk agreements of 2014 and 2015, which were an attempt to negotiate a peace deal between Russia and Ukraine but were never properly implemented. Instead of pursuing implementation, Russia chose further military action against Ukraine in 2022.

    To move forward with negotiations, Zelensky will need to be convinced that Putin is serious in his intentions and willing to act with integrity. The Ukrainian leader will also need to be convinced that Trump is trustworthy and that he can trust that the US will ensure that Putin honours any agreement reached.

    If Trump is to achieve his aim of bringing the war to an end, then he will clearly need to address this lack of trust. One temptation may emerge to simply exclude Zelensky from face-to-face meetings (to sidestep the issue altogether) but there are risks in leaders not meeting opponents.

    When it came to trying to reach an agreement with the Palestinians in the 1990s, the then Israeli prime minister, Yitzhak Rabin, regretted not having met the PLO chairman, Yasser Arafat, before reaching agreement on the framework for the Oslo accords because he would have better understood how Arafat saw the negotiations. The implication was that Rabin would have proceeded differently if he had known Arafat better.

    Alternatively, Trump could leverage his own relationship with Putin to “encourage” the Russian leader to take steps that demonstrate to Zelensky that he is a trustworthy negotiating partner. Crucially, it will be for Putin to demonstrate his seriousness and sincerity towards meaningful negotiations and a peaceful resolution. Gestures of conciliation could hold the key.

    One famous examples of this is when Egyptian president Anwar Sadat visited Jerusalem in 1978, becoming the first Arab leader to speak to the Israeli parliament. This was seen as vital to peace talks between the two countries and resulted in the 1979 Camp David accords.

    Face-to-face interactions between Putin and Zelensky could provide a way of reassuring the Ukrainian leader. However, much more is required to demonstrate that an individual or even a state is trustworthy than not.

    As Deborah Larson, professor of political science at the University of California, once said,: “People believe that a good person will never do anything bad, whereas a bad person can do occasional good as well as bad deeds. As a result, just one misdeed indicates that an actor is immoral, whereas one good act does not demonstrate much.”

    Another approach would be to start Russian-Ukrainian negotiations at a much lower level and develop them upwards (or in parallel to higher-level negotiations). Individuals representing the key decision makers could develop their own interpersonal relations, while working out how to bridge gaps between the different leaders.

    Any negotiations to end the war will rest ultimately on those two states and their leaders. Ignoring the interpersonal relationships and lack of trust between the two people who will sign off any agreement makes any agreement almost impossible.

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

    ref. Ukraine war: why negotiations depend on trust – https://theconversation.com/ukraine-war-why-negotiations-depend-on-trust-250102

    MIL OSI – Global Reports

  • MIL-OSI Asia-Pac: Union Minister Dr. Jitendra Singh Reviews Research Facilities at CSIR-IMTECH, Chandigarh, inspects Microbe Repository and takes update on ongoing projects

    Source: Government of India (2)

    Union Minister Dr. Jitendra Singh Reviews Research Facilities at CSIR-IMTECH, Chandigarh, inspects Microbe Repository and takes update on ongoing projects

    Dr. Jitendra Singh launches New Tulip Garden & Agri-Startups at CSIR-IHBT, Palampur

    From 50 to 9,000 Startups: India Emerges as Global Biotech Innovation Hub- Dr. Jitendra Singh

    Floriculture Mission Expands to 1,000 Hectares, Generating ₹80 Crores for Farmers

    Science and Technology Minister Dr. Singh Inaugurates Key projects at CSIR-IHBT, Palampur

    Posted On: 26 FEB 2025 5:54PM by PIB Delhi

    CHANDIGARH, February 26: Union Minister of State (Independent Charge) for Science and Technology, Dr. Jitendra Singh, inspected Microbe Repository and other facilities at the CSIR-Institute of Microbial Technology (CSIR-IMTECH) here and also took an update on the ongoing projects in the institute.

    During the review, Dr. Jitendra Singh highlighted that microbial technology is a crucial pillar of biotechnology, emphasizing its growing significance in shaping the next generation industrial revolution.

    Dr. Jitendra Singh credited Prime Minister Narendra Modi for the groundbreaking New BioE3 Policy, which places a renewed focus on biomanufacturing and bio foundries. He underscored India’s rapid progress in the biotech sector, stating, “India’s bioeconomy has witnessed an extraordinary surge from $10 billion in 2014 to over $130 billion in 2024, with projections to reach $300 billion by 2030.”

    The Minister also recalled the recent launch of India’s first indigenous antibiotic, Nafithromycin, developed to combat resistant infections. He noted that the number of biotech startups in India has grown exponentially from just 50 in 2014 to nearly 9,000 today, solidifying India’s position as a global hub for biotech innovation. Furthermore, he informed that India now ranks third in the Asia-Pacific region and 12th globally in bio-manufacturing, underscoring the increasing importance of CSIR-IMTECH in driving pioneering research in microbial genetics, infectious diseases, fermentation technology, environmental microbiology, and bioinformatics.

    CSIR-IMTECH, a premier research institute in microbial biotechnology, hosts a repository of over 14,000 microbial strains through its Microbial Type Culture Collection and Gene Bank (MTCC). This national repository not only provides authenticated cultures to researchers and industries but also supports key regulatory authorities, including IPC, BIS, and NBA, in microbe-related concerns. The institute is at the forefront of harnessing microbial resources for scientific and industrial applications, addressing unmet needs in healthcare, pharmaceuticals, agriculture, and environmental sciences.

    Connecting virtually with CSIR-Institute of Himalayan Bioresource Technology (CSIR-IHBT), Palampur, Dr. Singh inaugurated several new facilities and participated in critical scientific discussions. He joined the EMBO Workshop on High Elevation Plant Adaptation in a Changing Climate (HEPACC) and the Industry, Farmer & Academia (IFA) Meet, emphasizing that such initiatives reflect the Government of India’s commitment to scientific advancement, economic empowerment, and sustainable agriculture.

    Dr. Jitendra Singh also virtually inaugurated a New Tulip Garden at Palampur in Himachal Pradesh, commending the CSIR-IHBT Palampur team for their scientific interventions that have enabled wider tulip cultivation even in other seasons, a model that can be replicated in other regions. Additionally, he launched products developed by agri-startups that have been supported by the institute, fostering innovation in the agricultural sector.

    Dr. Jitendra Singh lauded CSIR-IHBT for leading multiple national missions, including: CSIR Floriculture Mission – Expanded floriculture to 1,000 hectares, benefiting 3,800 farmers across Himachal Pradesh, Punjab, Haryana, Uttarakhand, and Ladakh, generating an income of ₹80 crore. Aroma Mission. Millet Mission. Immunity Mission. Waste to Wealth Mission. Phenome India-CSIR Health Cohort Knowledgebase. CSIR Precision Agriculture Mission

    The Minister also inaugurated state-of-the-art facilities, including Autonomous Green House, Heeng Seed Production Centre, Heeng QPM Facility, Ornamental Bulb Processing Facility and Phyto-Analytical Facility.

    Additionally, he laid the foundation stone for the Phyto factory Facility and dedicated a Cement Concrete Road from Floriculture Junction to Chandpur R&D Farm.

    Dr. Jitendra Singh emphasized that by integrating scientific research, industry collaboration, and government policies, the rich biodiversity of Himalayan states can be harnessed for economic prosperity, benefiting farmers and advancing India’s scientific ecosystem.

    ****

    NKR/PSM

    (Release ID: 2106459) Visitor Counter : 76

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Sarbananda Sonowal unveils ₹4,800 crore plan to transform Assam’s Inland Waterways at Advantage Assam 2.0

    Source: Government of India

    Sarbananda Sonowal unveils ₹4,800 crore plan to transform Assam’s Inland Waterways at Advantage Assam 2.0

    “₹1,500 crore for Green Vessel Transition in Assam by 2030 under ‘Harit Nauka Scheme’”: Sarbananda Sonowal

    “World Class Water Metro Service in Guwahati and Dhubri with an investment of ₹315 crore”: Sarbananda Sonowal

    “Centre earmarks ₹120 crore for Regional Centre of Excellence in Dibrugarh”: Sarbananda Sonowal

    “Centre to develop riverine lighthouses along Brahmaputra with ₹100 crore investment:” Sarbananda Sonowal

    Posted On: 26 FEB 2025 4:46PM by PIB Delhi

    The Union Minister of Ports, Shipping and Waterways, Shri Sarbananda Sonowal announced an investment of more than ₹4,800 crore to transform the inland waterways sector of Assam at the Advantage Assam 2.0 in Guwahati, today. The investment is to enable the immense potential that the complex and dynamic waterways system of the state has to offer to propel the growth and development of the region towards realising the vision of Prime Minister Shri Narendra Modi’s Viksit Bharat, Shri Sonowal asserted at the session on Assam’s Roads, Railway and Riverine Tourism on the second day of the investment summit.

     

    Speaking on the occasion, the Union Minister said, “Under the dynamic leadership of Prime Minister Shri Narendra Modi ji, the country is cruising ahead towards realising the vision of Viksit Bharat. Assam along with the Northeast plays an integral part in propelling this journey to realise the vision of Modi ji. Inland Waterways plays a crucial role in this scheme of things as the visionary Modi ji planned its revival since 2014 from near obscurity and neglect of the past. With its rich inter web of riverine system in the region, especially in Assam with Brahmaputra (NW2) and Barak (NW16), the inland waterways aims at rejuvenating its ageless role as the main conduit of trade and commerce. Globally considered as futuristic, the inland waterways provides an opportunity to opt for a more economic, efficient and environment friendly mode of transporting cargo and passengers. With the launch of schemes like ‘Jalvahak’, the Modi government has been incentivising the businesses to switch to inland waterways, thereby, improving the economies of scale, decongesting the railways and roadways and enabling a conducive ecosystem that is vital for pivotal role Assam is set to play towards India’s ascendency to become world’s biggest and an Atmanirbhar economy by 2047.”

    At the summit, Shri Sarbananda Sonowal announced allocation of ₹1,500 crore for a planned transition into Green Vessels by 2030 under the ‘Harit Nauka’ scheme. An amount of more than ₹1,500 crore has been earmarked to facilitate cruise tourism and enhance cargo handling capacity by 2027-28 in NW2 and NW16. This includes construction of jetties with on shore facilities at Silghat, Bishwanath ghat, Neamati Ghat and Guijan along with construction of a new building for Regional Office, MSDC, Guest house and office space for ITAT at Fancy Bazar in Guwahati. An amount of ₹375 crore is pegged for development of Phase II of Ship Repair Facility at Pandu. In order to maintain fairway, the government has entrusted Dredging Corporation of India (DCI) to ensure assured draft of 2.5 meters from Bangladesh Border to Pandu in NW-2 till 2026-27. An amount of ₹191 crore has been earmarked for this, Shri Sonowal stated.

     

    Adding further, he said, “Advantage Assam has always served as a catalyst for the region’s economic revival, providing businesses with a strategic platform to expand their trade and investment opportunities. With the immense support that Assam has received from our Hon’ble Prime Minister Shri Narendra Modi ji, we remain firmly committed to the holistic development of the economy of Assam and the Northeast. Among the various ongoing projects to enable inland waterways of Assam, we are also planning to transform the conventional vessels into Green Vessels under Harit Nauka scheme. This affirms the commitment of our government towards sustainable development, a milestone set by our dynamic leader Narendra Modi ji. Given the immense potential of riverine tourism in the state, we are developing an ecosystem including infrastructure and fairway for smooth, regular and viable operations. You may be happy to know that the Dredging Corporation of India (DCI), with its rich experience of dredging at the sea, has been entrusted with dredging the NW2, for the first time on any river in India.”

    The Union Minister also announced the development of Water Metro Service in Guwahati and Dhubri for an estimated investment of ₹315 crore. Based on the success of Kochi Metro Service, the feasibility study is being conducted for this. Shri Sarbananda Sonowal also announced deployment of two Electric Catamarans being built by Cochin Shipyard Limited (CSL). A world class cruise terminal will also be built in Guwahati with an estimated investment of ₹100 crore. 

    In Dibrugarh, an estimated ₹120 crore has been earmarked for development of Regional Centre of Excellence (RCOE). Adding further to the capital development along the NW2, Riverine Lighthouses will be built at FIVE places — Bogibeel, Biswanath, Nimati, Pandu and Silghat — at an estimated cost of ₹100 crore. In addition, a sum of ₹150 crore has been earmarked for fairway development with LAD of 2.5 meters between Pandu and Bogibeel. TWO Cutter Section Dredger units will also be purchased for Brahmaputra (NW2).

     

    The Inland Waterways Authority of India (IWAI), the nodal agency for the riverine transportation including national waterways under the Ministry of Ports, Shipping and Waterways (MoPSW), is implementing projects worth ₹1,010 crore along river Brahmaputra (NW2) and river Barak (NW16) in Assam. Among the major projects, the ship repair facility is being built at Panda with an investment of ₹208 crore while an alternate road from Pandu to NH27 is being built at an investment of ₹180 crore. New Inland Waterways Terminal (IWT) at Bogibeel as well as at Jogighopa —- with more than ₹66 crore and ₹82 crore of investment —- are being developed on Brahmaputra to ‘enable possibilities meet opportunities’, Shri Sonowal added.

    An investment of more than ₹646 crore has been earmarked to construct riverine infrastructure across Brahmaputra under the Sagarmala Scheme, the flagship programme of the Ministry of Ports, Shipping and Waterways. For Barak River, the Union Minister announced procurement of Survey Vessel, procurement of THREE Amphibian Dredgers, construction of Crane Pontoon and Gangway for proving Floating Terminal facilities in Karimganj, construction of Steel Pontoon and Gangway for providing Floating Terminal facilities at Badarpur among other projects.

    At this session, the Union Minister was joined by the Chief Minister of Assam, Dr Himanta Biswa Sarma; Minister of Animal Husbandry, Veterinary, Fishery and PWRD, Govt of Assam, Krishnendu Paul; Chairman of IWAI, Vijay Kumar; High Commissioner of Singapore, His Excellency Simon Wong among other officials and corporate leaders from infra, railways and marine sector.

     

    ***

    G.D.Hallikeri / Henry

    (Release ID: 2106438) Visitor Counter : 32

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Animal Welfare Board of India to Honour Champions of Animal Protection on February 27, 2025, in New Delhi

    Source: Government of India (2)

    Animal Welfare Board of India to Honour Champions of Animal Protection on February 27, 2025, in New Delhi

    Union Ministers of State Prof. S.P.Singh Baghel and Shri George Kurian to Grace the Occasion

    Posted On: 26 FEB 2025 2:59PM by PIB Delhi

    The Animal Welfare Board of India (AWBI) has announced its Prani Mitra and Jeev Daya Award Ceremony, scheduled to be held at Vigyan Bhawan, New Delhi, on 27th February 2025. The occasion will be graced by Union  Ministers of State for Fisheries, Animal Husbandry and Dairying, Prof. S. P. Singh Baghel and  Shri George Kurian.  Ms. Alka Upadhyaya, Secretary, Animal Husbandry Department, Dr. Abhijit Mitra, Animal Husbandry Commissioner and Chairman AWBI, representatives from State Animal Welfare Boards, District Society for Prevention of Cruelty to Animals (SPCAs), Gau Seva Aayogs, Animal Lovers, Animal Welfare Organizations etc. will be present during the AWBI Award Ceremony.

    The awards will be presented under two major categories: Prani Mitra Award and Jeev Daya Award. The Prani Mitra Award will be conferred under five sub-categories, namely Advocacy (Individual), Innovative Idea (Individual), Lifetime Animal Service (Individual), along with two awards each for Animal Welfare Organizations and for Corporate, PSUs, Government Bodies, or Co-operatives. The Jeev Daya Award will be presented in three sub-categories: Individual, Animal Welfare Organization, and for either Schools, Institutions, Teachers, or Children.

    This initiative aims to recognize outstanding individuals and organizations for their remarkable contributions to animal welfare and protection. The primary objective of this celebration is to honour and encourage kindness and compassion towards animals in the society while raising awareness among citizens to treat animals in a humane manner.

    Click here to know more about Animal Welfare Board of India :

    ***

    Aditi Agrawal

    (Release ID: 2106411) Visitor Counter : 35

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: PRESIDENT OF INDIA GRACES A MASS WEDDING CEREMONY AT GADHA, CHHATARPUR

    Source: Government of India

    Posted On: 26 FEB 2025 2:40PM by PIB Delhi

    The President of India, Smt Droupadi Murmu, graced a Mass Wedding ceremony, organised by Shri Bageshwar Jan Seva Samiti, at Gadha, Chhatarpur, Madhya Pradesh today (February 26, 2025).

    Addressing the gathering, the President said that today, as our country moves from women-development to women-led development, we must all contribute to making our daughters and sisters strong and capable. She urged people to pay attention to women’s education, health, and safety. She said that our small efforts would empower them. She also advised women to make continuous efforts for their education and self-reliance.

    The President said that in our tradition, saints have shown the path to the people for centuries. They have raised their voice against the social evils prevalent in contemporary society. They have also raised their voice against discrimination based on caste, gender, etc. Be it Guru Nanak, Sant Ravidas, Sant Kabir Das, Meera Bai, or Sant Tukaram, all have inspired people to follow the right path through their teachings. Their contribution to Indian society has given them a respectful place. She said that contemporary spiritual leaders could play an important role in building a self-reliant, harmonious, and environment-friendly India.

    Please click here to see the President’s speech – 

     

    ***

    MJPS/SR

    (Release ID: 2106408) Visitor Counter : 65

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Telangana Chief Minister meets Prime Minister

    Source: Government of India

    Posted On: 26 FEB 2025 1:35PM by PIB Delhi

    The Chief Minister of Telangana, Shri Revanth Reddy met the Prime Minister, Shri Narendra Modi today.

    The Prime Minister’s Office handle posted on X:

    “Chief Minister of Telangana, Shri @revanth_anumula, met Prime Minister @narendramodi.

    @TelanganaCMO”

     

     

    ***

    MJPS/SR

    (Release ID: 2106386) Visitor Counter : 100

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: INDIAN ARMY PROCURES CRITICAL CBRN DEFENCE EQUIPMENT

    Source: Government of India

    Posted On: 26 FEB 2025 12:28PM by PIB Delhi

    Indian Army has signed a contract on 25 February 2025 for procurement of 223 Automatic Chemical Agent Detection and Alarm (ACADA) systems with M/s L&T Ltd at a cost of Rs 80.43 Cr, under the Buy Indian (IDDM) category. This will give a significant boost to the GoI’s Atamnirbharta drive since more than 80% of the components and sub-systems of the equipment will be sourced locally.

    ACADA has been designed and developed by DRDO’s Defence Research and Development Establishment, Gwalior and marks a significant milestone in the nation’s indigenisation initiative in the niche CBRN domain.

    The ACADA system is used to detect chemical warfare agents (CWA) and programmed toxic industrial chemicals (TICs) by sampling the air from the environment. It works on the principle of Ion Mobility Spectrometry (IMS) and contains two highly sensitive IMS cells for continuous detection and simultaneous monitoring of harmful/ toxic substances. Induction of ACADA in the field units will substantially enhance Indian Army’s defensive CBRN capability for operations, as also for peacetime, especially for responding to disaster relief situations related to industrial accidents.

    ****

    SC

    (Release ID: 2106362) Visitor Counter : 71

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Commerce and Industry Minister Piyush Goyal joins Maharashtra CM Devendra Fadnavis for key distribution ceremony of 15 self-redeveloped housing societies in North Mumbai

    Source: Government of India (2)

    Commerce and Industry Minister Piyush Goyal joins Maharashtra CM Devendra Fadnavis for key distribution ceremony of 15 self-redeveloped housing societies in North Mumbai

    1000 bed hospital construction progressing swiftly in North Mumbai and another 1000 bed hospital to come up in West Kandivali:Shri Goyal

    Posted On: 26 FEB 2025 11:14AM by PIB Delhi

    Union Minister of Commerce and Industry, Shri Piyush Goyal, along with Maharashtra Chief Minister Shri Devendra Fadnavis, distributed keys for the 15 self-redeveloped housing societies in North Mumbai on 25 February 2025. Addressing the gathering, the Minister assured that the Central Government would extend full support to the Maharashtra Government’s initiatives in urban redevelopment and infrastructure development.

    Shri Goyal conveyed Prime Minister Shri Narendra Modi’s message, stating that the government remains committed to providing pucca houses to the homeless and those currently living in kachha houses in the same locality. He highlighted that this initiative aims to secure the future of families, ensuring a stable home for children and future generations.

    Speaking on the development in North Mumbai, Shri Goyal mentioned that the region has been witnessing significant infrastructure advancements in recent times. He noted that the construction of a 1000-bed hospital near the Magathane metro station is progressing swiftly, and another 1000-bed hospital is planned for construction in West Kandivali, which will enhance healthcare access and services in the region.

    The Minister applauded Chief Minister Devendra Fadnavis for leading major infrastructural projects, including the extension of the Coastal Road (Worli-Bandra) to Versova and the proposed coastal road connecting the new airport via the Atal Sethu. He stated that these projects would play a pivotal role in reducing congestion and improving connectivity in Mumbai.

    Shri Goyal also commended the Maharashtra Government’s efforts in addressing critical civic issues. He pointed out that the persistent problem of road damage during monsoon seasons is being tackled through the extensive use of cement-concrete roads. Additionally, he acknowledged that the issue of untreated sewage water polluting water bodies is being effectively managed, with over ₹26,000 crore allocated to ensure proper sewage treatment before its release into the ocean.

    The Minister urged stakeholders to actively participate in and create awareness about self-redevelopment projects in their respective areas. He expressed hope that such initiatives would provide North Mumbai with a new direction, fostering development and ensuring a secure future for its residents.

    Concluding his remarks, Shri Goyal emphasized that the event marked a significant step towards self-reliance in urban development, reinforcing the government’s vision of making housing accessible and sustainable for all.

     

    ***

    Abhijith Narayanan

    (Release ID: 2106340) Visitor Counter : 52

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: DPIIT and Paytm join hands to drive innovation and scale India’s manufacturing & fintech startup ecosystem

    Source: Government of India (2)

    Posted On: 26 FEB 2025 11:13AM by PIB Delhi

    The Department for Promotion of Industry and Internal Trade (DPIIT), Government of India, has signed a Memorandum of Understanding (MoU) with Paytm (One97 Communications Limited) to foster innovation and accelerate the growth of manufacturing and fintech startups in India.

    As part of this collaboration, Paytm will provide mentorship, infrastructure support, market access, and funding opportunities to startups, helping them scale and innovate. This initiative aims to equip entrepreneurs with essential resources, enhancing their ability to develop cutting-edge payment and financial technology solutions.

    According to DPIIT, the partnership aims to support fintech hardware startups through mentorship and innovation guidance, helping them develop and scale payment and financial technology solutions. It also focuses on regulatory and compliance assistance by organizing workshops and providing guidance in collaboration with industry and government bodies. Additionally, the partnership offers infrastructure and market access support, enabling startups to test, validate, and refine their products while leveraging Paytm’s extensive merchant network.

    The MoU was signed by Dr. Sumeet Kumar Jarangal, Director, DPIIT, and Vijay Shekhar Sharma, Founder & CEO, Paytm, in the presence of senior officials from both organizations.

    Mr. Sanjiv, Joint Secretary, DPIIT, emphasized the significance of this collaboration, stating, “This partnership with Paytm marks a crucial step in strengthening India’s startup ecosystem. By leveraging Paytm’s fintech expertise and infrastructure, we aim to support entrepreneurs in overcoming challenges, scaling their ventures, and contributing to India’s emergence as a global innovation hub.”

    Vijay Shekhar Sharma, Founder & CEO, Paytm, remarked, “Under Prime Minister Narendra Modi’s leadership, this is the best time for startups to launch and scale. Paytm is committed to empowering entrepreneurs through mentorship, financial support, and access to cutting-edge technology. Through this collaboration, we will ensure that startups receive the necessary tools to succeed from inception to growth.”

    As part of its Paytm for Startups initiative, Paytm will launch dedicated programs to support fintech hardware manufacturers, such as Soundbox and PoS/EDC device makers, in scaling efficiently. These initiatives include mentorship programs, access to funding through investor connections and incubation programs, regulatory guidance with industry-focused workshops, and periodic tracking and impact assessments. Additionally, through its CSR arm, Paytm Foundation, the company is nurturing deep-tech startups in Climate Tech, Web3, Agritech, and Mobility.

    With this collaboration, DPIIT and Paytm reaffirm their commitment to positioning India as a global innovation hub, fostering technological advancements, and driving economic growth.

     

    ***

    Abhishek Dayal/Abhijith Narayanan

    (Release ID: 2106337) Visitor Counter : 52

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: LCQ1: Promoting development of aviation industry

    Source: Hong Kong Government special administrative region

         Following is a question by the Hon Holden Chow and a written reply by the Secretary for Transport and Logistics, Ms Mable Chan, in the Legislative Council today (February 26):Question:     It has been reported that Hong Kong’s aviation industry has started to recover in terms of, among others, passenger volume and cargo handling capacity, after being hard hit by the epidemic, and Hong Kong-based airlines have been actively expanding their aviation business. There are views that with the recovery of the tourism industry and the commissioning of the Three-‍Runway System at Hong Kong International Airport (Airport), the passenger and cargo throughput of the Airport will increase substantially. Regarding the promotion of the development of the aviation industry, will the Government inform this Council:(1) whether it has compiled statistics on the number of direct flights between Hong Kong and overseas places in each of the past two years, with a tabulated breakdown by companies operating such flights;(2) whether it knows if there is a situation in which air routes between Hong Kong and the rest of the world (excluding the Mainland) have been granted air traffic rights but not yet commenced service; if there is, of the number of destinations for which local airlines (i) have been granted air traffic rights and their flight quotas and, among them, the number of those for which (ii) air traffic rights and flight quotas have not yet been utilised, with a tabulated breakdown by airlines;(3) of the measures the authorities have put in place to encourage the local airlines mentioned in (2) to fully utilise their air traffic rights or flight quotas, so as to operate more flights between Hong Kong and overseas places;(4) of the authorities’ specific expectations and requirements regarding the social responsibilities to be shouldered by Hong Kong-based aviation enterprises; the measures the authorities have adopted or will adopt to effectively enable such enterprises to better fulfil their social responsibilities and play the role of helping Hong Kong consolidate its status as an international aviation hub; and(5) whether the authorities have examined if there is a situation in which the supply of flight quotas for air routes between Hong Kong and overseas places which have been granted air traffic rights falls short of demand and hence a quota increase is required; if there is, of the relevant measures the authorities will adopt to solve the relevant problem?Reply:President,     Hong Kong International Airport (HKIA) continued to demonstrate strong recovery momentum in 2024, with significant growth recorded in air traffic data. In the recent month of January 2025, HKIA reached another post-pandemic high in both flight movements and passenger throughput, representing a full recovery of passenger traffic peak to the pre-pandemic level. Compared to the same month last year, all passenger segments, including Hong Kong residents, visitors and transfer/transit passengers, experienced double-digit increase. Traffic to and from Southeast Asia, Mainland China and Japan recorded the most significant increase during the month. Meanwhile, cargo throughput continued to gain momentum, with positive growth recorded across all cargo sectors. Cargo traffic to and from the Middle East, Europe and Australasia grew the most among key trading regions during the month. In consultation with the Civil Aviation Department, the reply to the question raised by the Hon Chow is as follows:(1) In 2024, the number of direct scheduled flights (including both passenger and cargo flights) between HKIA and overseas destinations (excluding Mainland and Taiwan) increased significantly by approximately 30 per cent compared to 2023. Additionally, the number of airlines operating these flights in 2024 also recorded a notable increase, rising by approximately 20 per cent compared to 2023. Details are provided in the Annex.(2) and (5) With a view to further expanding the passenger and cargo air transport capacity and connectivity of HKIA so to meet the market demand for air services, the Government has been making good use of Hong Kong’s unique civil aviation status under “one country, two systems” to conduct air services negotiations with our aviation partners under the authorisation of the Central People’s Government. As of the end of January 2025, we have signed 80 bilateral air services documents. Over the past two years, Hong Kong has expanded bilateral air services arrangements with multiple aviation partners, increasing the capacity limits for relevant passenger and cargo services by at least 60 per cent. This allows airlines to readily increase passenger and cargo services in response to market demand.     The overriding principle for traffic rights allocation is that public resources can be fully utilised to consolidate or enhance the competitiveness of Hong Kong’s aviation industry and meet future needs. The Transport and Logistics Bureau (TLB) will take into account a range of factors, including encouraging healthy competition, maintaining Hong Kong’s status as an international aviation hub, and promoting the overall development of Hong Kong’s aviation industry, in considering the allocation of traffic rights to local airlines, with a view to promoting the overall interests of Hong Kong.     As for the specific details of traffic rights allocation, since the traffic rights negotiated between the Government and other countries or regions are recorded in the form of bilateral Confidential Memoranda of Understanding, which contain sensitive information such as details of bilateral negotiations, we are not in a position to disclose more of the relevant information to third parties. The TLB will continue to closely monitor the utilisation of traffic rights by local airlines to ensure that these precious traffic rights are put to good use, and will adopt a more forward-looking perspective in expanding traffic rights with our aviation partners.(3) When launching new routes or increasing flight frequencies, airlines will consider factors such as market demand and the allocation of company resources. In addition, the Government has all along encouraged local airlines to launch and increase flights to support Hong Kong’s overall development. Local airlines have responded positively. Following the launch of direct passenger services to Vientiane (Laos), Riyadh (Saudi Arabia), Sendai and Yonago (Japan), as well as Cairns and Gold Coast (Australia) last year and earlier this year, they will gradually commence direct flights to Dallas (the United States of America), Hyderabad (India), Munich (Germany), Brussels (Belgium), and Rome (Italy) later this year. They will also increase the frequency of flights between Hong Kong and North America.     At the same time, the Airport Authority Hong Kong has implemented several related measures, such as the Airport Network Development Programme launched in June 2024, which provides financial incentives to encourage airlines to open new routes and increase flight frequencies on existing routes. To date, the Programme has attracted 24 airlines, covering 53 destinations.(4) The Government maintains a regular communication mechanism with local airlines to monitor their operations and ensure the healthy development of the aviation industry.     With the commissioning of the Three-Runway System, the passenger and cargo handling capacity of HKIA will increase significantly. The Government will continue to maintain close communication with local airlines to ensure that they enhance their service quality continuously, providing stable and reliable services that deliver an excellent experience to passengers. At the same time, the Government has requested that local airlines’ network planning should support the Government’s strategy to enhance Hong Kong’s position as an international aviation hub and to meet Hong Kong’s strategic development needs.

    MIL OSI Asia Pacific News

  • MIL-OSI Europe: REPORT on the implementation of the common foreign and security policy – 2024 annual report – A10-0010/2025

    Source: European Parliament

    MOTION FOR A EUROPEAN PARLIAMENT RESOLUTION

    on the implementation of the common foreign and security policy – 2024 annual report

    (2024/2080(INI))

    The European Parliament,

     having regard to the Treaty on European Union (TEU), in particular Articles 14, 16, 21, 24, 36 and 41 thereof,

     having regard to the Interinstitutional Agreement of 16 December 2020 between the European Parliament, the Council of the European Union and the European Commission on budgetary discipline, on cooperation in budgetary matters and on sound financial management, as well as on new own resources, including a roadmap towards the introduction of new own resources[1],

     having regard to the report of 20 June 2024 by the Vice-President of the Commission / High Representative of the Union for Foreign Affairs and Security Policy (VP/HR) entitled ‘Common Foreign and Security Policy Report – Our Priorities in 2024’,

     having regard to the ‘Strategic Compass for Security and Defence – For a European Union that protects its citizens, values and interests and contributes to international peace and security’, endorsed by the European Council on 21 March 2022,

     having regard to NATO’s 2022 Strategic Concept, adopted on 29 June 2022,

     having regard to the European Council conclusions of 22 March 2024, 18 April 2024, 27 June 2024 and 19 December 2024,

     having regard to the Foreign Affairs Council conclusions of 18 March 2024, 22 April 2024, 24 May 2024, 24 June 2024, 22 July 2024, 14 October 2024, 18 November 2024 and 16 December 2024,

     having regard to the declaration of the Summit between the EU and the Community of Latin American and Caribbean States (CELAC) adopted on 18 July 2023,

     having regard to Council Decision (CFSP) 2021/509 of 22 March 2021 establishing a European Peace Facility, and repealing Decision (CFSP) 2015/528[2],

     having regard to the Political Guidelines of the Commission President for 2024-2029,

     having regard to the 2024 enlargement reports presented by the Commission on 30 October 2024,

     having regard to the Commission communication of 30 October 2024 entitled ‘2024 Communication on EU enlargement policy’ (COM(2024)0690),

     having regard to Regulation (EU) 2024/1449 of the European Parliament and of the Council of 14 May 2024 on establishing the Reform and Growth Facility for the Western Balkans[3],

     having regard to Sauli Niinistö’s report of 30 October 2024 on strengthening Europe’s civil and military preparedness and readiness,

     having regard to the EU Guidelines on Human Rights Defenders, adopted in 2004, updated in 2008 and further supplemented in 2020 with a guidance note on the Guidelines’ implementation,

     having regard to its resolutions on breaches of human rights, democracy and the rule of law, adopted in accordance with Rule 150 of its Rules of Procedure,

     having regard to the joint communication from the Commission and the High Representative of the Union for Foreign Affairs and Security Policy of 20 June 2023 on European Economic Security Strategy (JOIN(2023)0020),

     having regard to the joint communication from the Commission and the High Representative of the Union for Foreign Affairs and Security Policy of 16 December 2020 entitled ‘The EU’s Cybersecurity Strategy for the Digital Decade’ (JOIN(2020)0018),

     having in regard to the Commission Recommendation of 3 October 2023 on critical technology areas for the EU’s economic security for further risk assessment with Member States (C(2023)6689),

     having regard to Council Decision (CFSP) 2019/797 of 17 May 2019 concerning restrictive measures against cyber-attacks threatening the Union or its Member States[4],

     having regard to its resolution of 1 June 2023 on foreign interference in all democratic processes in the European Union, including disinformation[5],

     having regard to its resolution of 9 October 2024 on strengthening Moldova’s resilience against Russian interference ahead of the upcoming presidential elections and a constitutional referendum on EU integration[6],

     having regard to its resolution of 24 October 2024 on the misinterpretation of UN resolution 2758 by the People’s Republic of China and its continuous military provocations around Taiwan[7],

     having regard to its resolution of 17 January 2024 on the security and defence implications of China’s influence on critical infrastructure in the European Union[8],

     having regard to its resolutions of 24 October 2024 on the situation in Azerbaijan, violation of human rights and international law and relations with Armenia[9] and of 5 October 2023 on the situation in Nagorno-Karabakh after Azerbaijan’s attack and the continuing threats against Armenia[10],

     having regard to its resolutions on historical remembrance, including its resolutions of 2 April 2009 on European conscience and totalitarianism[11], of 19 September 2019 on the importance of European remembrance for the future of Europe[12], of 15 December 2022 on 90 years after the Holodomor: recognising the mass killing through starvation as genocide[13] and of 17 January 2024 on European historical consciousness[14],

     having regard to the report of 9 May 2022 on the final outcome of the Conference on the Future of Europe,

     having regard to the EU Action Plan on Gender Equality and Women’s Empowerment in External Action 2021-2025 (GAP III),

     having regard to the Council of Europe Convention on preventing and combating violence against women and domestic violence (the Istanbul Convention), which entered into force in the EU on 1 October 2023,

     having regard to the UN resolution adopted by the UN General Assembly on 25 September 2015 at the UN Sustainable Development Summit in New York entitled ‘Transforming our World: the 2030 Agenda for Sustainable Development’ (Agenda 2030), which established the Sustainable Development Goals (SDGs),

     having regard to the UN resolution adopted by the UN General Assembly on 8 December 1949 on assistance to Palestine refugees,

     having regard to the UN Security Council resolution of 22 November 1967 on a peaceful and accepted settlement of the Middle East situation,

     having regard to the UN Security Council resolution of 11 August 2006on the situation in the Middle East,

     having regard to the United Nations Convention on the Prevention and Punishment of the Crime of Genocide of 1948 and the UN Human Rights Council resolution of 22 June 2020 on the prevention of genocide,

     having regard to the Rome Statute of the International Criminal Court (ICC),

     having regard to the agreement between the International Criminal Court and the European Union of 28 April 2006 on cooperation and assistance[15],

     having regard to the advisory opinion requested from the International Court of Justice by the UN General Assembly in its resolution of 30 December 2022 on Israeli practices affecting the human rights of the Palestinian people in the Occupied Palestinian Territory, including East Jerusalem,

     having regard to the order of the International Court of Justice concerning South Africa’s request for the indication of provisional measures,

     having regard to Rule 55 of its Rules of Procedure,

     having regard to the report of the Committee on Foreign Affairs (A10-0010/2025),

    A. whereas the world faces rapid geopolitical shifts, with autocratic powers, both individually and in coordinated efforts, actively challenging the international rules-based order and its multilateral institutions, international law, democratic institutions and societies, as well as our alliances; whereas all EU leverage should be assessed in order to dissuade countries from supporting Russia’s aggression;  

    B. whereas the BRICS summit held in Kazan, Russia, from 22 to 24 October 2024 underscores how Putin leverages international platforms to counteract isolation and build alliances; whereas a unified and strategic EU response is required to uphold the principles of the rules-based international order;

    C. whereas the EU and its Member States should review development assistance to governments of countries that openly support Russia’s war of aggression against Ukraine and monitor their votes on relevant UN resolutions;

    D. whereas the geopolitical confrontation between democracies and authoritarian and dictatorial regimes is growing, conflicts are multiplying, and the use of force is increasingly treated as a standard tool for pursuing political aims; whereas force is wielded not only by states but also by an expanding array of non-state actors; whereas the EU needs to reinforce transatlantic relations and build constructive partnerships with like-minded partners in the Global South;

    E. whereas the geopolitical context in which the EU is operating has accentuated the need for more ambitious, credible, decisive and unified EU action and a fully fledged European foreign policy on the world stage and has highlighted the necessity for Member States to demonstrate the required political will to rebuild their defence capabilities, while strengthening the EU’s transatlantic bonds and partnerships with like-minded countries; whereas the common foreign and security policy (CFSP) needs to become a fully fledged EU policy through which the EU can address the key geopolitical challenges; whereas the EU should be guided in its external action by the values and principles enshrined in Article 2, Article 3(5) and Article 21 TEU, which have inspired the EU’s own creation, development and enlargement; whereas it is in the EU’s interest to stand up accordingly for universal values, norms and principles such as freedom and democratic standards, as well as human rights, the rule of law, international justice and the Helsinki Final Act, in particular as regards the non-violation of international borders;

    F. whereas the EU is faced with the rapid rise of new threats at its borders and on its territory, which are destabilising the EU’s functioning, in particular targeted disinformation, cyber and hybrid attacks, the instrumentalisation of migratory flows, in addition to international terrorism and religious radicalism;

    G. whereas strategic autonomy requires the EU to act independently on the global stage when needed, particularly in foreign and security policy; whereas the EU has recognised the need to reduce undue reliance on external actors for safeguarding its interests in an unpredictable and multipolar world;

    H. whereas the EU needs to develop an independent and autonomous European diplomacy, including public and cultural, economic, climate, digital and cyber diplomacy, led by an EU diplomatic service which is driven by a common diplomatic culture;

    I. whereas the Russian war of aggression against Ukraine violates the rules-based international order, fundamental principles of international law as enshrined in the UN Charter and key conventions and resolutions, the Helsinki Final Act and the European Convention on Human Rights;

    J. whereas the Russian violations of the Geneva Convention on Prisoners of War comprise executions of prisoners and the denial of access to humanitarian organisations and medical treatment for prisoners;

    K. whereas the ICC has issued an arrest warrant for Vladimir Putin and the Russian High Commissioner for Children, Maria Lvova-Belova, for their involvement in the abduction of Ukrainian children to Russia; whereas Russia, assisted by the Belarusian regime, is undertaking to re-educate Ukrainian hildren and erase their Ukrainian identity; whereas Aliaksandr Lukashenka’s regime in Belarus has to be held fully accountable for its complicity in the war of aggression against Ukraine and war crimes such as the abduction of thousands of Ukrainian children;

    L. whereas the ICC has additionally issued arrest warrants for Russian military leaders Sergei Shoigu, Valery Gerasimov, Viktor Sokolov and Sergei Kobylash, accused of directing attacks on civilian targets;

    M whereas the Hungarian Government is blocking the newly established EUR 5 billion Ukraine Assistance Fund set up in March 2024 within the European Peace Facility (EPF); whereas the Hungarian Government is blocking the eighth tranche of EPF reimbursements for Member States that have delivered military aid to Ukraine for more than 18 months;

    N. whereas Russian shadow fleet tankers pose a considerable risk to maritime and environmental security by turning off or manipulating their automatic identification systems; whereas these tankers provide an estimated USD 12 billion to Russia’s war budget each month, thereby directly funding its aggressive military operations;

    O. whereas Vladimir Putin’s regime has instrumentalised history in an attempt to secure the loyalty of the Russian population by creating nostalgia for the supposed greatness of the Soviet Empire, falsifying the history of Russia and Ukraine, rejecting Nikita Khrushchev’s policy to acknowledge and condemn Stalinist crimes, reneging on Mikhail Gorbachev’s recognition and condemnation of the Molotov-Ribbentrop Pact, and declaring the collapse of the Soviet Union as the greatest tragedy of the previous century;

    P. whereas Russia and other malign actors in its neighbouring countries promote anti-Western and divisive rhetoric and exploit ethnic tensions in the Western Balkans in order to inflame conflict and divide communities, including through the instrumentalisation of the Serbian Orthodox Church;

    Q. whereas 2024 marked the 20th anniversary of the ‘big bang’ enlargement when 10 countries joined the EU; whereas enlargement is of the utmost strategic importance for the EU, as it represents a geostrategic investment in long-term peace, democracy, stability, security, climate protection and prosperity across the continent, and in particular in the face of the Russian war of aggression against Ukraine; whereas the preparation for enlargement requires reforms in the EU and whereas the EU should conduct the enlargement process in parallel with the institutional and decision-making reforms necessary to safeguard the EU’s integration capacity;

    R. whereas the EU must maintain the momentum for the acceleration of its enlargement policy while accession countries continue to reform and achieve the required benchmarks related to the EU acquis; whereas consistent messages and a clear path towards integration for candidate countries are vital for keeping the pro-European perspective alive;

    S. whereas the future of the Balkans and the countries in the Eastern Neighbourhood lies in the EU;

    T. whereas the Union is founded on the values of democracy, the rule of law and respect for human rights, which are part of the Copenhagen criteria, which are the key set of criteria for EU membership; whereas the accession process is a merit-based and reversible process;

    U. whereas joining the EU requires foreign policy alignment, including on the votes on United Nations General Assembly resolutions, support for Ukraine and alignment with sanctions against Russia; whereas most of the countries of the Western Balkans have reached high levels of alignment with the CFSP, a notable exception being Serbia;

    V. whereas North Macedonia concluded the Prespa Agreement with Greece and the Treaty of friendship, good-neighbourliness and cooperation with Bulgaria;

    W. whereas the citizens of Georgia have demonstrated their commitment to democratic values and to their country making progress with EU integration; whereas the democratic backsliding in Georgia needs to be reversed; whereas the Georgian authorities should heed the will of the Georgian people to join the EU and should ensure free and fair elections, stop democratic backsliding, abandon the laws that jeopardise Georgia’s European future and pursue pro-European democratic reforms; whereas Georgia should align with the EU’s CFSP, including the sanctions adopted unanimously against Russia;

    X. whereas any partnership agreement between the EU and Azerbaijan – including on energy – must have strong conditions attached on the respect of international law, fundamental rights and international obligations and, in particular, on Azerbaijan making substantial progress towards a comprehensive and sustainable peace agreement with Armenia;

    Y. whereas the Mediterranean is of great importance to the EU, both historically and geographically; whereas the countries of the Southern Neighbourhood play an important role in ensuring that irregular migration flows are managed on the basis of the principles of solidarity, balance, shared responsibility and in full compliance with applicable EU and international law and, in particular, human rights and humanitarian law;

    Z. whereas strategic partnerships and agreements between the EU and countries of origin and transit, such those between EU and Mauritania, are proving to be a successful model for the prevention of irregular migration and the fight against migrant smugglers;

    AA. whereas the supply of thousands of Shahed drones from the Islamic Republic of Iran to Russia has further cemented Iran’s role as a pariah state; whereas North Korea and China further demonstrate their unwavering disregard to international laws and norms;

    AB. whereas on 28 May 2024, Norway, Ireland and Spain recognised the State of Palestine, followed on 4 June 2024 by a decision of Slovenia’s parliament to do the same;

    AC. whereas China defines itself as a ‘near-Arctic state’ and endeavours to develop, in close partnership with Russia, a Polar Silk Road;

    AD. whereas the Belt and Road Initiative, known in China as the One Belt One Road, is a threat to the EU’s interests and undermines the CFSP;

    AE. whereas on 14 October 2024 the High Representative of the Union for Foreign Affairs and Security Policy and the British Foreign Secretary agreed to launch strategic consultations on issues such as the Russian war of aggression against Ukraine, the Indo-Pacific, the Western Balkans and hybrid threats;

    AF. whereas all UN agencies embody the rules-based international order as they uphold and implement both the letter and the spirit of the UN Charter, to which all UN Member States must abide;

    AG. whereas the EU’s credibility and coherence is a paramount requirement for the correct implementation of its external action, as this reinforces trust in the EU among various actors and non-EU countries; whereas the efficiency of the EU’s actions worldwide is contingent on ensuring the highest level of coordination and coherence in the EU’s external action; whereas coordination between the Commission and the European External Action Service (EEAS) should be strengthened, particularly due to the insufficient operational budget of the EEAS;

    AH. whereas the implementation of gender equality and the WPS agenda requires initiatives that promote gender-responsive leadership, protect women’s rights and combat sexual and gender-based violence in conflict and post-conflict settings; whereas the funding of these initiatives is essential for supporting local civil society organisations and providing survivor-centred support;

    AI. whereas human rights defenders (HRDs) are the EU’s main allies in defending and promoting human rights abroad; whereas HRDs are increasingly at risk of attacks and threats from state and non-state actors; whereas Parliament has consistently called for the proper and coordinated implementation of the EU Guidelines on Human Rights Defenders (2008); whereas the Member States, alongside the EU institutions, should implement these Guidelines, which include a range of specific commitments, such as regular reporting, coordination and action in support of HRDs;

    AJ. whereas the consequences of climate change will have an ever-increasing effect on various spheres of human life, including geopolitical order and global stability; whereas it is of crucial importance that fighting climate change, necessitating climate action, and aiding those who are hardest hit by its repercussions, becomes a cornerstone of the CFSP; underlines the fundamental role which the Commission and the Member States, in a joint approach, must play in the advancement of climate diplomacy globally;

    AK. whereas the report entitled ‘Safer Together – Strengthening Europe’s Civilian and Military Preparedness and Readiness’, presented by Sauli Niinistö, Special Adviser to the President of the European Commission, provides strategic recommendations for enhancing Europe’s civilian and military preparedness in the light of escalating and complex security threats;

    AL. whereas this report first reviews the VP/HR’s annual CFSP report and subsequently complements it with Parliament’s positions on the CFSP objectives in 2025; whereas in so doing, the report expands particularly on (1) the global consequences of Russia’s war of aggression against Ukraine, (2) conflict and peace in the Middle East, (3) cooperation with like-minded partners and (4) the general visibility and influence of EU action abroad; whereas Parliament’s forward-looking CFSP position is ultimately underlined by key demands concerning the next multiannual financial framework (MFF) and the parliamentary oversight of the MFF; whereas there is a need to defend and strengthen the rules-based international order, the universal norms, values and principles of the UN Charter such as human rights and international justice, multilateralism, and the Helsinki Final Act, in particular as regards the non-violation of international borders;

    1. Underscores that its resolutions on the implementation of the CFSP are a key component of its contribution to EU foreign policymaking; underlines that these resolutions manifest the practical implication of the strengthened right of scrutiny in the area of foreign policy conferred on Parliament by the Treaty of Lisbon; recalls that the 2024 resolution is the first of this nature in this legislative term and aims to serve as a guide for the EU executive when setting foreign policy priorities for this term; highlights the fact that in an ever volatile international environment, the EU needs to simultaneously tackle numerous foreign policy challenges affecting it directly or indirectly, such as the ongoing Russian war of aggression against Ukraine, the conflicts in the Middle East, increasing great power competition, constant attempts to undermine the multilateral rules-based international order and an increased nexus of foreign and internal crises; strongly believes that in order to stay relevant on the international stage, the EU needs to pursue a determined, disciplined and assertive foreign policy that fulfils the EU’s own strategic objectives and continues defining, asserting and defending its interests in the world; recalls that the EU should be guided in its external action by the values and principles enshrined in Article 2, Article 3(5) and Article 21 TEU, which have inspired the EU’s own creation, development and enlargement, including democracy, the rule of law, the universality and indivisibility of human rights and fundamental freedoms, respect for human dignity, and the principles of equality and solidarity; further believes that the CFSP should ensure the implementation of the UN’s 2030 Agenda and the SDGs;

    I. The VP/HR’s 2024 annual report

    2. Notes that the report was submitted to the European Parliament on 20 June 2024; recalls that the report should be forward-looking in nature; comments hereinafter on several developments emphasised by the VP/HR in his report;

    3. Welcomes in particular:

     the local, vibrant civil societies in the enlargement countries that play a constructive role in the EU integration processes, while underlining that civil society is vital in fostering democracy and pluralism and promoting good governance as well as social progress and that the enlargement countries should provide an enabling space and an appropriate framework for cooperation to ensure their meaningful involvement;

     the successful finalisation of the screening process for Albania at the end of 2023 and the opening of the first cluster of negotiating chapters on external relations (Cluster 6); welcomes Albania’s ambition of closing accession negotiations swiftly; highlights the need to further intensify reforms to address deficiencies that persist regarding the ‘fundamentals’, in particular concerning the rule of law, fighting corruption and organised crime; cautions against undermining the work of independent institutions such as the Special Anti-Corruption and Organised Crime Structure (SPAK); underscores the importance of a viable political pluralism and a competitive opposition and calls for dialogue and constructive engagement between the majority and the opposition to overcome the strong political polarisation in the country and to foster inclusive democratic processes that respects all parties, including the Greek, Roma and Egyptian minorities in the country; commends the country’s consistent, full alignment with the EU’s foreign and security policy, including with the EU’s restrictive measures against Russia and Belarus;

     the decision on the opening of accession negotiations with Bosnia and Herzegovina; encourages the authorities to take all of the relevant steps set out in the Commission’s recommendation of 12 October 2022; urges the country’s political leaders to implement a substantial set of reforms, including electoral reforms, in accordance with the decisions of domestic and international courts, in order to ensure the principles of equality and non-discrimination for all citizens and constituent peoples, as enshrined in its constitution and in full respect of the judgments of domestic and international courts, including all rulings of the European Court of Human Rights regarding Bosnia and Herzegovina; denounces the recurring inflammatory rhetoric and secessionist laws and policies of the leadership of the entity ‘Republika Srpska’ (RS), including the celebration of the unconstitutional ‘RS Day’ on 9 January 2025; calls on the Member States and representatives of the international community in Bosnia and Herzegovina to promote and support the implementation of these judgments; reiterates its call for targeted sanctions against destabilising actors within Bosnia and Herzegovina, notably Milorad Dodik, as well as other high-ranking officials of RS and Serbian officials providing political and material support for secessionist policies; calls on all Member States to ensure that such sanctions can be adopted by the Council and to impose them bilaterally or in concert with other Member States if their adoption in the Council is not possible; welcomes the agreement reached to extend the mandate of the EU forces in Bosnia and Herzegovina’s Operation Althea until November 2025 and recalls that this mission still plays a pivotal role in the security and stability of Bosnia and Herzegovina; urges the EU’s military mission to actively prevent unlawful parades and other provocations as well as threats against all people working to help the victims of genocide and investing in inter-ethnic reconciliation and a peaceful future for the country;

     the progress in the Belgrade-Pristina Dialogue, especially in the areas of freedom of movement and energy; calls on Kosovo and Serbia to continuously engage in this dialogue in good faith and in the spirit of compromise to achieve a comprehensive, legally binding agreement on the normalisation of their relations, based on mutual recognition, in accordance with international law and without further delay; regrets, in this context, the lack of progress in the implementation of the path to normalisation and calls for efforts to be made and capacity to be dedicated to the EU-facilitated dialogue; commits, hence, to work closely with the outgoing as well as the incoming EU Special Representative for the Belgrade-Pristina Dialogue and other Western Balkan regional issues; calls on the VP/HR to take advantage of the new term of the Commission to overcome the stalemate and give a new impetus to the dialogue and to come up with a new, innovative and balanced approach to the mediation;

     the 2024 Enlargement Report on Serbia, presented by the Commission on 31 October 2024; reiterates its position that accession negotiations with Serbia should advance only if the country aligns with EU sanctions against Russia and makes significant progress on its EU-related reforms, in particular in the area of the ‘fundamentals’; reminds the Serbian authorities that the proper functioning of democratic institutions is at the core of Serbia’s EU accession process and the EU accession methodology; recalls in this context its position that the Serbian parliamentary and local elections held on 17 December 2023 deviated from international standards and Serbia’s commitments to free and fair elections; reiterates its serious concerns over these irregularities and the overall election environment, which fell below the standards expected of an EU candidate country; urges Serbia’s political leadership to ensure constructive, inclusive dialogue across the political spectrum and to deliver on the necessary reforms for Serbia to progress on the path to EU accession; regrets the biased approach of the EU towards Serbia despite its year-long roll-back on the rule of law, democracy and fundamental rights, as well as its destabilising influence on the whole region;

     Kosovo’s application for EU membership and the Kosovo Report 2024 and asks the Commission to respond to it; recalls that Kosovo’s bid to be considered a candidate country will be assessed on the basis of its own merits and of its success in meeting the Copenhagen criteria for EU membership; welcomes, however, the lifting of visa requirements for Kosovo citizens; regrets the restrictive measures imposed by the Council against Kosovo and calls for their immediate lifting, as proposed by the VP/HR;

     the progress made by Montenegro in meeting the interim benchmarks for Chapters 23 and 24 of the EU acquis; encourages the country to continue to make progress on and implement EU-related reforms swiftly; expresses, nonetheless, its concerns over controversial ideas for legislative proposals on citizenship and foreign agents floated in public; stresses the importance of the new government being able and committed to take forward the EU-related reforms and keep Montenegro firmly on the EU strategic path; expects the country to start closing chapters in the accession negotiations and to be ready to join the EU within the next couple of years;

     the successful finalisation of the screening process for North Macedonia at the end of 2023; urges the government of North Macedonia to achieve tangible results in fulfilling its obligation under the EU negotiating framework, including relevant constitutional changes, in line with the country’s commitments;

     the successful resumption of the CFSP dialogue between the EU and its partners in the Western Balkans and the importance of these partnerships for peace and security; recalls that EU enlargement is a geostrategic investment, which requires commitment from both the EU and the enlargement countries on their pathways to accession; recalls in this context the continued need for reforms regarding the rule of law, fundamental rights and public administration, and for alignment with the CFSP, including on sanctions and on the EU’s visa policy; highlights, additionally, the threats posed by malign foreign interference in the region and underlines the importance of combating disinformation to contain anti-Western and divisive rhetoric which seeks to exploit and exacerbate ethnic tensions in the region; cautions against engagement with the EU’s systemic rivals, which could undermine the prosperous, sustainable and secure future that EU accession offers; recalls, in this context, the added value of the investments made by the EU under the Instrument for Pre-accession Assistance III, the newly established Reform and Growth Facility for the Western Balkans, and the Western Balkans Investment Framework; calls on the Western Balkan countries to use all the resources made available to support their alignment with the EU acquis; calls upon the Commissioner for Enlargement to increase the visibility of EU action in the Balkans;

     the decision to open accession negotiations with Ukraine and Moldova; commends the fact that the CFSP alignment rate of Moldova has substantially increased from 54 % in 2022 to 86 % in 2024 and encourages Ukraine and Moldova to continue this positive trend towards full alignment; calls for the acceleration of the screening process and the timely organisation of the subsequent intergovernmental conferences;

     Armenia’s decision to suspend its participation in the Collective Security Treaty Organization and cease all payments to its budget in 2024, following Russia’s failure to assist Armenia against Azerbaijan’s military aggression, and to seek a more reliable security architecture; supports Armenia’s official request for the Russian Federation to withdraw its Federal Security Service border guards from its international airport and the Armenia-Iran border; welcomes the regular meetings under the EU-Armenia Political and Security Dialogue format and the EU-Armenia Partnership Council and commends the decision to adopt the assistance measures under the EPF in support Armenian armed forces on 13 June and 22 July 2024 respectively;

     the ongoing attempts by Armenia and Azerbaijan to normalise their relations, such as through the Armenia-Azerbaijan joint statement of 7 December 2023 on confidence-building measures, as well as the progress made in the framework of the Armenia-Azerbaijan border delimitation process, which has led to an agreement on several sections of the border; encourages both parties to sign a comprehensive and fair peace agreement without delay; calls on Azerbaijan to demonstrate genuine efforts to this end; reaffirms its support for the sovereignty and territorial integrity of both Armenia and Azerbaijan and strongly supports the normalisation of their relations based on the principles of the mutual recognition of territorial integrity and the inviolability of borders, in accordance with the 1991 Alma-Ata Declaration; reiterates its demand for the withdrawal of Azerbaijan’s troops from the entirety of Armenia’s sovereign territory and the release of the 23 remaining Armenian hostages;

     the activities of the civilian European Union Mission in Armenia (EUMA) under the common security and defence policy (CSDP), which contributes to security in the region by substantially decreasing the number of incidents in conflict-affected and border areas, and reduces the level of risks for the population living in such areas; welcomes Armenia’s assistance with the activities of the EUMA on its territory; commends the Council for the decision to increase the number of deployed observers as well as the mission’s capacity and to extend its deployment timeframe; calls for further expansion and presence in the region; calls on the Commission to provide support for Armenia for de-mining;

     the continued work of the EEAS on addressing and countering foreign information manipulation and interference (FIMI) through the EU FIMI Toolbox, the setting up of a STRATCOM taskforce, and through close cooperation with Member States, international partners, civil society and other relevant stakeholders; reiterates its call to promote the continuous flow of intelligence from Member States to the EEAS on foreign and security issues occurring outside the EU; calls, in this regard, for strengthening the EU INTCEN, the EEAS Crisis Response Centre and the EU Satellite Centre by enhancing its staff, financial resources and capabilities; 

     the proposal of the VP/HR for an anti-corruption sanctions regime, which would allow the EU to target serious acts of corruption worldwide; calls for its swift adoption by the Council;

    4. Condemns in particular:

     the ongoing illegal and unjustifiable Russian war of aggression against Ukraine and the increasing Russian attacks against civilian targets and civilian infrastructure within Ukraine; demands that Russia and its proxy forces cease all military action and that the Russian Federation immediately and unconditionally withdraw its troops and equipment from Ukraine and any other country whose territory, or parts thereof, it unlawfully occupies; condemns any hybrid attacks executed by Russia in Ukraine and strongly denounces the spread of Russia’s propaganda about its war in Ukraine;

     the role of the illegitimate regime of Aliaksandr Lukashenka in allowing the country to serve as a Russian military base, effectively surrendering national sovereignty to the Kremlin in order to maintain its grip on Belarus, while brutally oppressing the Belarusian people in order to stay in power; deplores the Lukashenka regime’s instrumentalisation of migration, particularly in the light of the influx of thousands of migrants into Poland, which Belarus orchestrates to force their passage into the European Union;

     the illegal North Korean involvement in the Russian war of aggression against Ukraine by its sending of military equipment and ammunition to Russia, as well as by its sending of thousands of soldiers to wage war against Ukraine;

     North Korea’s continued weapons testing and development of its nuclear programme, in violation of the UN resolution, further escalating tensions in the Indo-Pacific region; demands that North Korea abandon its weapons of mass destruction and ballistic missile programmes in a complete, verifiable and irreversible manner; urges the North Korea authorities to cease their ongoing crimes against humanity and to undertake a process of reform whereby all human rights are respected and protected;

     the increasing malicious activities, interference and hybrid warfare deployed by the Russian Federation, its institutions and proxies in undermining and subverting the democratic stability and sovereignty of Georgia and the Republic of Moldova and in particular the recent interference in the constitutional referendum on EU accession and the presidential elections;

     the attack on Kosovan police officers by well-organised Serbian paramilitaries in Banjska/Banjskë in the north of Kosovo on 24 September 2023 which resulted in the death of the Kosovan police officer Afrim Bunjaku and the injuring of two more Kosovan police officers; condemns the hideous terrorist attack on critical infrastructure near Zubin Potok; stresses that the perpetrators of these deplorable attacks must be held accountable and face justice without delay;

     the brutal and indiscriminate terrorist attacks committed by Hamas across Israel on 7 October 2023, which triggered a disproportionate Israeli military response and a conflict in Gaza that has a devastating effect on civilians and caused a catastrophic humanitarian situation;

     the fact that Hamas has taken and is still holding innocent people, including women and children, hostages, and calls for the unconditional and immediate release of hostages;

     the deliberate and malignant fuelling of an exceptionally tense situation, through repeated attacks targeting Israel since 7 October 2023, by state and non-state actors in the region with Iran being the main instigator, as well as the Houthis in Yemen and Hezbollah in Lebanon acting as some of its proxies;

     Iran’s persistent non-compliance with its legal safeguard obligations under its Comprehensive Safeguards Agreement and with its commitments under the Joint Comprehensive Plan of Action (JCPOA) condemns, further, the advancement of its nuclear programme beyond all credible civilian justification and the destabilisation of the Middle East this causes, including through proxies, such as attacks on Israel and sponsoring terrorism and civil conflicts; the attacks perpetrated or attempted within the EU by terrorist organisations and networks affiliated to Iran;

     the wrongful detention of European citizens in Iran, the execution of the European citizen of dual German-Iranian nationality Jamshid Sharmahd on 29 October 2024, and the brutal oppression of the people of Iran, in particular the women; reiterates its unwavering support for the women of Iran, who are still subjected to gross violations of their fundamental rights two years after the Women, Life, Freedom movement was brutally repressed; urges the VP/HR to do the utmost to free these citizens and to put an end to the practice of Iranian hostage diplomacy, through which it detains foreign civilians and dual nationals;

     the growing military cooperation between Iran and Russia, in particular the intention to sign a treaty on a comprehensive strategic partnership and Iran’s provision of drones and ballistic missiles to Russia for use against Ukraine and its people;

     the recent adoption of the law on the ‘promotion of virtue and prevention of vice’ in Afghanistan, as well as the systematic violation of human rights and fundamental freedoms, in particular the extreme interpretation of sharia which erases women from public life, bars them from working, hinders their access to all public places without being chaperoned by a male relative and to education beyond the sixth grade, amounting to gender apartheid; demands from the de facto authorities of Afghanistan that all gender-based restrictions on women be lifted and stresses that this must be a key condition for any engagement of the international community with the Taliban; insists on maintaining strict, conditional engagement with the Taliban based on the five benchmarks set by the Council for engaging with the de facto authorities and by holding the perpetrators of these grave violations of girls’ and women’s rights accountable, including through restrictive measures;

     the increasing breadth and intensity of operations, including cyberattacks and foreign information manipulation by the Chinese Government, as well as vessels and aircraft attempting to intimidate China’s neighbours, which violate peace and stability in the Taiwan Strait and surrounding international waters and impede the freedom of navigation rights of all other parties; strongly condemns statements by the Chinese President that the People’s Republic of China will never renounce the right to use force with respect to Taiwan, and insists that the use of coercive measures to achieve unification contradicts international law;

     the government-led system of forced labour and the persistent violations of human rights, in particular the systematic repression of Uyghurs in Xinjiang Province; observes with concern the intense crackdown on ethnic minorities in Tibet, Hong Kong and Macau and the transnational repression of Chinese dissidents, as well as the persistent presence of Chinese police officers on EU territory; has taken note of and deplores the People’s Republic of China (PRC) for not implementing the recommendations of the Office of the High Commissioner for Human Rights (OHCHR); calls on the PRC to allow the OHCHR independent access to the Xinjiang Uygur Autonomous Region and invites the OHCHR to issue a comprehensive situational update and an action plan for holding the PRC accountable;

     the deterioration of stability in the Sahel, exacerbated by the numerous military coups in the region in recent years; recalls that stability in the Sahel has direct repercussions for the security of European external borders and the management of irregular migration flows from the African continent; emphasises that the EU should urgently review its regional strategy for the Sahel;

     the coups in Burkina Faso and in Niger, with President Bazoum being detained and the constitution suspended; is increasingly concerned by the decision of the central Sahel military regimes in Burkina Faso, Mali and Niger to leave the Economic Community of West African States (ECOWAS), thus plunging ECOWAS into a deep political crisis; condemns additionally the physical attack on 29 September 2024 on an ECOWAS Member of Parliament and other participants of an officially declared opposition rally in Lomé; calls on the Togolese authorities to ensure the promotion and protection of the fundamental principles of human and peoples’ rights enshrined in Article 4 of the revised ECOWAS Treaty, such as the rights of peaceful assembly, freedom of association, belief and expression; calls on the ECOWAS authorities and its member states to support the efforts needed to safeguard the principles of the African Charter on Human and Peoples’ Rights throughout the subregion; takes note of the closure of the European Union Military Partnership Mission in Niger (EUMPM Niger) and of the Capacity Building Mission in Niger (EUCAP Sahel Niger) and the non-renewal of the European Union Training Mission in Mali (EUTM); observes with concern how Russia has intensified the development of state-to-state relationships and cooperation initiatives with African states through military cooperation and a commitment to cooperate on the development of nuclear energy; condemns the rise of terrorist attacks and heavy civilian losses in the Sahel, as well as the presence and predation activities of Russian paramilitaries, which have led to the population being displaced and an influx of refugees, also caused by the instability in the region; deplores the fact that the void UN peacekeepers have left has effectively been filled by Wagner Group mercenaries and Russian and Turkish military, whose industries supply arms to Sahelian capitals;

     the civil war in Sudan, the devastating consequences for the civil population, the atrocities committed against them and, in particular, the despicable large-scale use of rape as a weapon of war;

     the last minute tactical and technical constraints imposed by the authorities of the Democratic Republic of Congo (DRC), which prevented the EU Election Observation Mission from monitoring the presidential elections; condemns the violence committed by the Rwanda-backed M23 rebel movement destabilising the eastern DRC; calls for a review of the EU strategy for the Great Lakes region;

     the authoritarian regime of Daniel Ortega and Rosario Murillo, who are systematically undermining Nicaragua’s democratic structures; recalls that the regime in Nicaragua maintains strong ties with other autocracies, such as those in Iran, Venezuela and Cuba; condemns the systematic human rights violations and abuses perpetrated by the Cuban regime; strongly condemns and fully rejects the electoral fraud orchestrated by the regime in Venezuela and demands that the Maduro government cease its policy of repression and attacks on civil society and the opposition; recalls that on 19 September 2024, Parliament recognised Edmundo González Urrutia as the legitimate and democratically elected President of Venezuela and María Corina Machado as the leader of the democratic forces in Venezuela; highlights the fact that various democratic states in the region and throughout the world have recognised González as president-elect; recalls that he should have been sworn in on 10 January 2025; expresses satisfaction that on 17 December 2024, Parliament awarded the 2024 Sakharov Prize for Freedom of Thought to María Corina Machado, as the leader of the democratic forces in Venezuela, and to president-elect Edmundo González Urrutia, representing all Venezuelans inside and outside the country fighting for the reinstitution of freedom and democracy;

     the employment of the ‘Cuban medical brigade’ in some European countries as a form of infringement of fundamental rights and freedoms and of slavery and forced labour;

     the risk of collapse of the state structures and difficult humanitarian situation in Haiti due to rampant gang violence;

     the fact that the PRC, Russia, Iran and other totalitarian or authoritarian regimes use information manipulation and malign interference as integral instruments to exert pressure on multilateral institutions and democratic values and norms, to abuse power, to increase the incidence and severity of human rights violations, to constrict spaces for civil society, independent media and democratic opposition movements, to spread anti-Western disinformation and to use various forms of transnational repression to intimidate and constrict spaces for civil society, independent media and democratic opposition movements in the diaspora;

     the increasing attacks, harassment, arbitrary detention, torture and killings of HRDs worldwide, especially those advocating for environmental, indigenous, women’s, LGBTQI+ and anti-corruption rights; further notes the increasingly sophisticated tactics used by state and non-state actors, including digital surveillance and smear campaigns, aimed at silencing HRDs; stresses the urgent need to protect HRDs, who also play a critical role in upholding democracy and the rule of law globally; calls for enhanced support and protection mechanisms for HRDs facing threats, harassment and violence, especially those in high-risk areas or working on sensitive issues such as environmental, indigenous and women’s rights;

     attempts to circumvent EU and international sanctions, which it sees as strategies posing direct threats to the international rules-based order;

     the failure by Azerbaijan to comply with the order of 17 November 2023, issued by the International Court of Justice, indicating provisional measures regarding the safe, unimpeded and expeditious return of the 100 000 ethnic Armenians who fled Nagorno-Karabakh after the September 2023 pre-planned, unjustified military attack by Azerbaijan, as well as the refusal of Azerbaijani authorities to release all 23 Armenian prisoners of war it currently detains; stresses the need to support all initiatives and activities that could lead to the establishment of peace between Armenia and Azerbaijan and the signing of a long-awaited peace agreement; calls, further, on Azerbaijan to demonstrate genuine efforts to this end; warns Azerbaijan that any military action against Armenia would be unacceptable and would have serious consequences for the partnership between Azerbaijan and the EU; highlights the fact that Azerbaijan’s connectivity issues with its exclave Nakhchivan should be resolved with full respect for the sovereignty and territorial integrity of Armenia; reiterates its position that the EU should be ready to impose sanctions on any individuals and entities that threaten the sovereignty, independence and territorial integrity of Armenia; stresses that Parliament’s multiple warnings on the situation have not led to any change in the EU’s stance towards Azerbaijan; calls for the EU to end its reliance on gas exports from Azerbaijan; calls on the Commission to suspend the 2022 memorandum of understanding on the strategic partnership in the field of energy and to act accordingly; condemns the Russian ‘gas laundering’ through Azerbaijan and the Azerbaijani authorities’ facilitation of Russia’s circumvention of EU sanctions; calls for the EU to cease all technical and financial assistance to Azerbaijan that might contribute to strengthening its military or security capabilities; calls on the Member States to freeze exports of all military and security equipment to Azerbaijan; condemns Azerbaijan’s repeated attempts to denigrate and destabilise Member States, including through the so-called Baku Initiative Group; condemns the ongoing deterioration of the human rights situation in the country;

    5. Concurs with:

     the need to improve relations with Türkiye; welcomes the partial de-escalation of tensions in the east Mediterranean and the Aegean but reiterates its concern that Türkiye’s foreign policy continues to be at odds with EU priorities under the CFSP; recalls, in this context, the signature and the evocation of the memorandum of understanding between Türkiye and Libya on comprehensive security and military cooperation and on the delimitation of maritime zones;

     the call on Türkiye to work on a constructive, and not assertive nor aggressive, approach in its neighbourhood, including the Southern Caucasus; regrets that Türkiye continues to dispute the sovereignty and sovereign rights of an EU Member State; recalls that Türkiye’s accession process is contingent on its full compliance with the Copenhagen criteria and on its normalisation of relations with all EU Member States, including the Republic of Cyprus; calls for the status of the buffer zone and the mandate of the UN Peacekeeping Force in Cyprus to be respected; urges Türkiye and the Turkish Cypriot leadership to cease and reverse all such unilateral activities and refrain from any further actions and provocations; calls for engagement in peaceful UN-led negotiations and for real progress to be made in the Cyprus settlement talks;

     the assessment that,  in the absence of a drastic change of course by the Turkish Government, Türkiye’s EU accession process cannot be resumed;

     the urgent need for the EU and the Turkish Government to move forward toward a mutual reflection process, including a modernised association agreement, which would lead to a mutually beneficial, more dynamic and strategic partnership, with strict conditionality on the respect of rule of law, fundamental rights, international law, including the United Nations Convention on the Law of the Sea, and good neighbourly relations, considering the key role played by Türkiye, for example, in the Black Sea region and its significance as a NATO ally;

     the fact that Türkiye is making an inadequate effort in aligning with the EU’s CFSP, including on sanctions and the anti-circumvention of sanctions, as well as with the need for Türkiye to cooperate closely with the EU’s Sanctions Envoy; deplores the unacceptable nature of the solidarity and support that the President of Türkiye has publicly provided to the terrorist organisation Hamas; reiterates its concerns about the ongoing deterioration of democratic standards in Türkiye; recalls that Türkiye also targets the EU with foreign information manipulation and interference and that its government is considering introducing a Russian-style foreign agents law; underlines the incompatibility between Türkiye’s candidacy for BRICS+ and the EU’s CFSP;

     the concern over democratic backsliding in Georgia, manifested by the fact that the parliamentary elections held on 26 October 2024 did not respect international standards for democratic elections or its commitments as a member of the OSCE to carry out free and fair elections; emphasises that violations of electoral integrity are incompatible with the standards expected from an EU candidate country; considers that the reported electoral fraud undermines the integrity of the election process, the legitimacy of the results and the public’s trust in the government and that the results do not serve as a reliable representation of the will of the Georgian people; considers that, with the legitimacy of the vote severely undermined by the magnitude of the violations, the international community should not recognise the election results; rejects, therefore, any recognition of the parliamentary elections and does not recognise any decisions taken by the body that has taken control of the country; calls urgently for early elections conducted in an improved election environment, managed by an independent and impartial election administration with widespread international observation, to ensure a genuinely free, fair and transparent process that would represent the will of the people of Georgia; concurs with the European Council’s conclusions of 27 June 2024 that a failure to reverse the current course of action, including the law on ‘transparency of foreign influence’, the law on ‘family values and protection of minors’, as well as the changes to the Electoral Code, jeopardises Georgia’s EU path, de facto leading to a halt of the accession process; appreciates, at the same time, the efforts made by Georgian President Salome Zourabichvili to steer the country back towards a democratic and European path of development; considers that President Salome Zourabichvili is currently the only clearly legitimate representative of the will of the Georgian people; reiterates its unwavering support for the Georgian people’s legitimate European aspirations, which are being betrayed by the Georgian Government; demands the immediate release of all people detained for peacefully protesting against the recent decisions by Georgia concerning a suspension of EU integration; calls on the Commission to use the frozen EUR 120 million originally intended as support for the Georgian authorities to enhance the EU’s support for Georgia’s civil society, in particular the non-governmental sector and independent media, which are increasingly coming under undue pressure from the ruling political party and the authorities, as well as to support programmes supporting democratic resilience and electoral integrity; strongly encourages the EU and its Member States to introduce personal sanctions against all those who are responsible for the democratic backsliding, in particular Bidzina Ivanishvili and Irakli Kobakhidze; encourages individual Member States and relevant regional organisations to avoid actively legitimising the self-appointed Georgian Dream authorities and call, in this regard, for suspending the EU Georgia Association Council;

     the observation that Russia and China have become significant players in the Southern Neighbourhood, especially North Africa, while Türkiye and the Gulf states, chief among them the Kingdom of Saudi Arabia, Qatar and the United Arab Emirates, have risen as regional forces; argues that the idea of a single ‘neighbourhood’ for both Eastern and Southern Europe overlooks their distinct challenges; concurs further with the strategic relevance of the Southern Neighbourhood, its stability, economic development and prosperity; recalls that instability and insecurity in the Southern Neighbourhood remains an ongoing challenge for European external border management; underlines the interference of strategic competitors in the region and calls strongly for the EU to send a solid and clear political message in favour of renewed cooperation with countries of the Southern Neighbourhood; calls on the VP/HR and the Commission to release, as an urgent matter, the new pact for the Mediterranean and to secure adequate resources for its timely and effective implementation; reiterates that a dynamic network of strategic partnerships tailored to the specific needs and aspirations of each country in our Southern Neighbourhood should be at the centre of the new pact; believes, in this context, that the EU should conduct a thorough review of the current incentive structure that combines the promise of financial assistance and trade benefits in exchange for political and economic reforms and ensure that it aligns with broader EU objectives, including the promotion of human rights and democratic values; stresses that besides prioritising bilateral cooperation, the EU should also continue to foster regional cooperation through existing frameworks such as the Union for the Mediterranean, which offers a valuable platform for promoting dialogue and joint action on issues of common concern;

     the concern about Russian and Chinese pressure exerted in Central Asia and stresses the need to scale up the EU’s presence in the region in response, given its geostrategic importance; highlights the hesitation of Central Asian states to lend support to Russia’s war of aggression given the effect the war is having on the region; underlines the EU’s interest in increasing economic relations and intensifying political ties with the countries of Central Asia, in part to address the circumvention of sanctions against Russia and Belarus; calls on the authorities of the Central Asian states, particularly Kazakhstan, Kyrgyzstan and Uzbekistan, to cooperate closely with the EU, in particular with its Sanctions Envoy; encourages the Commission and the Member States to continue promoting political and economic reforms that strengthen the rule of law, democracy, good governance and respect for human rights;

     the fact that the Arctic is of geostrategic importance as regards the expansion of potential maritime routes, access to natural resources, climate conservation and territorial claims; stresses that this importance is heightened not only by Russian military expansion in the High North but also by China’s increasing presence and interest in the region, and its self-proclamation as a ‘near-Arctic state’; underscores the need for ensuring freedom and safety of navigation amid these two states’ growing influence and militarisation; underlines the importance of preserving security, stability and cooperation in the Arctic; stresses that the region must remain free from military tensions and natural resource exploitation, while respecting the rights of indigenous peoples; reiterates the need to include the EU’s Arctic policy in the CFSP and engage in effective cooperation with NATO; calls for the Arctic to be addressed regularly within the Political and Security Committee and Council meetings;

     the strategic importance of the Taiwan Strait and the Indo-Pacific in the face of increasing Chinese intimidation in the region, including through military and hybrid means, and stresses the need to scale up the EU’s presence in the regions in response; underlines the EU’s interest in increasing economic relations and intensifying substantial ties with like-minded partners in the region, including Taiwan;

     the effectiveness of the implementation of a Gulf strategy, advancing in a strategic partnership with each of the Gulf countries and working together to promote global and regional security and prosperity;

     the focus on achieving accountability in the cyberspace, through the operationalisation of the EU digital diplomacy toolbox and the attention given to strengthening global cyber resilience; calls for an increased focus on building the cyber resilience capacity of developing democracies faced with hybrid challenges to their electoral systems; calls for increasing joint cyber defence exercises between the EU and NATO in order to improve interoperability and readiness to counter hybrid threats;

     the commitment to place democracy promotion at the forefront of the CFSP and to ensure the EU’s proactive role in this regard, building on lessons learned from previous democracy support actions, in particular in support of civil society, HRDs, critical voices, democratic opposition and media;

     the need to fight impunity and strengthen accountability efforts globally, including through the ICC, and to stand up for international law and international humanitarian law; remains deeply concerned about the trend of state officials undermining decisions of international institutions and their employees; regrets the failure of some ICC member states to execute ICC arrest warrants, thereby undermining the ICC’s work;

     the urgent and ongoing need to promote gender equality and women’s empowerment through all EU external action a foreign policy that takes into account gender mainstreaming in line with the 2021-2025 Gender Action Plan, especially in light of the current global rollback of women’s rights; emphasises that at the current rate of progress, achieving gender equality worldwide will take another 131 years, underscoring the critical importance of accelerating efforts to safeguard and advance women’s rights and opportunities;

    II. CFSP objectives in 2025

    6. Identifies, in the following section, Parliament’s CFSP objectives in 2025, thus complementing the views expressed in the VP/HR’s annual CFSP report;

    Addressing the global consequences of the Russian war of aggression against Ukraine

    7. Emphasises that Russia’s war of aggression against Ukraine and its consequences, including economic uncertainty, food insecurity and high energy prices, in combination with the revisionist behaviour of the Russian Federation against a number of states neighbouring the Black Sea, destabilises and threatens the Eastern Neighbourhood and the Western Balkans, which in turn erodes the European security architecture; underlines, in this context, the need for reinforcing the EU’s capacities to support democratic institutions in our immediate neighbourhood;

    8. Notes that the EU’s response to the Russian war of aggression against Ukraine is being closely watched by autocratic actors around the world and will have a decisive influence in shaping their behaviour on the international stage; is concerned by the growing cooperation and coordination among autocratic regimes, including through their material or other support for Russia’s aggression against Ukraine; urges the Council to impose restrictive measures against countries that deliver military goods, such as unmanned aerial vehicles and surface-to-surface missiles, to the Russian Federation for use against civilian targets; recalls that the use of such military goods against civilian targets is a war crime; notes, with grave concern, the increasing cooperation between the Russian Federation and the Democratic People’s Republic of Korea (DPRK), and underscores that the employment of North Korean troops by Russia is widening the scale of the conflict; emphasises, equally, the urgent need for further sanctions against Belarus, mirroring all sanctions against Russia;

    9. Calls for the EU and its Member States to meaningfully increase and speed up humanitarian assistance, military support, economic and financial aid and political support in every possible way until Ukraine’s victory, in order to ultimately stop Russia’s war of aggression and allow Ukraine to liberate all its people and re-establish full control within its internationally recognised borders; welcomes the rapid creation and successful implementation of the European Union Military Assistance Mission in support of Ukraine and suggests that the EU consider strengthening it; underlines, in particular, the urgent need to provide Ukraine with increased air defence and surface-to-surface capacities to defend its critical energy infrastructure, and calls on the Member States to immediately lift restrictions on the use of Western weapons systems, such as long-range Taurus missiles, delivered to Ukraine, against legitimate military targets on Russian territory, which would be fully in line with Ukraine’s right to self-defence according to the UN Charter;

    10. Calls for the EU and the Member States to reinforce the effectiveness of its 15 sanction packages adopted so far and to agree on new ones as soon as the need arises; recalls that the strict implementation and uniform application of restrictive measures in all Member States is a precondition for the credibility and effectiveness of the EU’s external action; underscores, thus, the importance of ending all EU imports of Russian energy; calls on the Commission to impose penalties on all European companies that continue to engage in business with the Russian Federation, as well as to further assess and combat sanction circumvention;

    11. Appeals for proactive diplomacy with non-EU countries in order to minimise the circumvention of these sanctions; calls on the Commission to critically assess EU assistance to non-EU countries that actively support Russia’s aggression against Ukraine and urges the Council to impose restrictive measures on non-EU countries enabling Russia’s war of aggression, whether through the facilitation of sanction circumvention or through the provision of direct military assistance, such as in the case of Iran or North Korea; calls on all countries to fully align with all EU sanctions packages;

    12. Deplores the ‘no limits’ partnership between Russia and China, in particular the renewed commitment to strengthen their military ties; welcomes the Council’s decision to impose sanctions on Chinese companies for their support of Russia’s war in Ukraine;

    13. Expresses its most serious concerns over Russia’s and China’s surveillance and sabotage of critical maritime infrastructures, such as seabed communication cables and offshore energy facilities; expresses in particular its strong concern about the damage to two subsea communications cables, one linking Finland and Germany and the other connecting Sweden to Lithuania, within less than 24 hours on 17 and 18 November 2024, and about the damaging by a tanker of the Russian shadow fleet of the EstLink2 power cable, linking Estonia and Finland, on 25 December 2024; calls on the EU to put in place effective monitoring and surveillance systems and regional coastguard cooperation to ensure the prevention and rapid detection of attacks against such infrastructures; welcomes in that regard, the launch of the operation ‘Baltic Sentry’ by NATO, with the participation of several Member States, to improve the security of critical undersea infrastructures in the Baltic Sea; calls on Member States to fully abide by the commitments of the New York joint statement on the security and resilience of undersea cables,

    14. Calls for the EU and its Member States to exercise strict control over, prevent and limit the activities of Russia’s shadow fleets which, in addition to violating EU and G7 sanctions, poses an immense ecological threat to ecosystems as a result of its technical deficiencies and frequent breakdowns; urges the Commission to take swift action, within the framework of the EU’s cooperation with the International Maritime Organization, and to design more targeted sanctions against the shadow fleet in the next sanctions package against Russia; specifies that such sanctions should designate all possible individual shadow fleet vessels, as well as their owners, operators, managers, etc.; recommends banning tanker sales to countries facilitating trade with Russia; notes that the flag states contributing to the Russian shadow fleet are thereby also helping the Russian war effort;

    15. Reiterates its call for the necessary measures to be taken to return forcibly deported and illegally adopted Ukrainian children from Russia or occupied Ukrainian territory;

    16. Calls on the Commission and the Council to designate the Russian state-funded private military Wagner Group as a terrorist organisation; draws attention to the so-called ‘Africa Corps’ that was created following the death of the Wagner Group’s former leader Yevgeny Prigozhin, in August 2023, and placed directly under the control of the Russian Ministry of Defence, in an effort to regroup Wagner elements under government control;

    17. Expresses its unwavering support for the 10-point peace formula  put forward by Ukraine’s President Volodymyr Zelenskyy and recalls that any initiative, in particular diplomatic solutions, aimed at ending the Russian war of aggression and achieving a just and lasting peace needs to be based on terms and input provided by Ukraine and ultimately accepted by the Ukrainian people; encourages the Commission and the VP/HR, as well as the Member States, to mobilise international support for the peace formula and the victory plan presented by Ukraine and to engage in security commitments towards Ukraine as recommended in the Kyiv Security Compact;

    18. Reiterates that Ukraine, as a victim of aggression, has the legitimate right to self-defence in line with Article 51 of the UN Charter; calls on the VP/HR, the Commission the Council and the Member States concerned to enable effective Ukrainian countermeasures against Russia; recalls that Russia has violated international law and that the full seizure of the frozen Russian assets is an appropriate step towards enforcing Russia’s obligation to abide by international law, and to compensate Ukraine and other injured parties for the losses caused by Russia’s war of aggression; calls on the Commission to establish a sound legal regime for the confiscation of Russian state assets frozen by the EU; reminds the Commission that any such proposal does not take away the need for continued financial, political, military and humanitarian support; calls for the inclusion of all assets of the Russian state, Russian local authorities, Russian state-owned companies, and of individuals on the EU sanctions list, and for those assets to be used to compensate Ukraine  for the damage caused by this war;

    19. Commends the Commission’s proposal to establish the Ukraine Loan Cooperation Mechanism, worth an estimated EUR 35 billion, which responds to Parliament’s call and builds upon the decision of the Council to direct extraordinary revenues stemming from immobilised Russian state assets to the Ukraine Assistance Fund and the Ukraine Facility, as well as upon the G7’s decision to offer Ukraine a USD 50 billion loan secured through immobilised Russian state assets; expresses its conviction that the new Ukraine Loan Cooperation Mechanism is a substantive step towards making Russia financially compensate for the massive damage it continues to cause in Ukraine;

    20. Denounces the abusive use by the Hungarian Government of its veto power to delay or effectively block EU essential aid from being granted to Ukraine; condemns the misuse of the position of the EU Presidency by Viktor Orban, in pursuing his so-called peace-mission to the Russian Federation on 5 July 2024, which was an attempt to undermine the unified EU position on Ukraine, and stresses that he did not to any degree or in any capacity represent the EU;

    21. Urges the VP/HR and the other Member States to overcome the blockade by the Hungarian Government of the EPF’s funding and disbursement decision and to guarantee that the EU’s only instrument in support of military aid to Ukraine becomes fully functional again; calls on the VP/HR to advance proposals to prevent such blockades in the future or to find an alternative mechanism that is fully reliable;

    22. Underscores the urgent need for the EU and its Member States to push for the creation of a special international tribunal to prosecute the crime of aggression committed against Ukraine by the political and military leadership of the Russian Federation and its allies; expresses support for all the activities of the ICC and International Court of Justice in prosecuting the crimes committed on Ukrainian territory;

    23. Commends Ukraine for its progress in the EU accession screening process and calls on Ukraine to continue its progress towards EU membership using all the resources made available to it under the Ukraine Facility and to ensure the meaningful involvement of its civil society in the implementation and monitoring phases thereof; recalls that EU accession is a strictly merit-based process that requires the fulfilment of the Copenhagen criteria for EU membership, including those concerning democracy, the rule of law, and fundamental values and the fight against corruption;

    24. Believes that both Ukraine’s and Moldova’s accession to the EU would be a mutually beneficial investment in a united and strong Europe; stresses that the newly proposed growth plan for the Republic of Moldova serves the purpose of accelerating EU-related reforms; calls on all co-legislators to advance the relevant legislative acts as soon as possible; encourages the VP/HR to additionally enhance the CFSP partnership with Ukraine and Moldova and in this context welcomes the signature of the security and defence partnership between the EU and Moldova in May 2024; recalls the fact that the security of the Republic of Moldova is inextricably linked to the security of Ukraine; underscores, hence, the need to increase financial contributions from the EPF to further enhance Moldova’s defence capabilities;

    25. Praises the Moldova for running the presidential election and the referendum professionally and with an extraordinary sense of duty and dedication, despite the continued massive interference from Russia and its proxies; welcomes the outcome of the 2024 Moldovan European Union membership referendum which enshrined the commitment to joining the EU in the country’s constitution; expresses its support to Moldova in defending its democracy; strongly condemns such constant and coordinated attempts by the Russian Federation, pro-Russian oligarchs and Russian-sponsored local proxies to destabilise the Republic of Moldova, sow divisions within Moldovan society and derail the country’s pro-European direction through hybrid attacks, the weaponisation of energy supplies, disinformation campaigns, bomb threats and staged protests as well as the threat or use of violence; commends the establishment and operations of the EU Partnership Mission in Moldova which have enhanced the Moldovan authorities’ capabilities to address Russian interference; calls on the Council, the Commission and the EEAS to provide the additional resources, including human and financial resources, equipment and civilian experts, necessary to continue implementing the mission’s mandate beyond May 2025;

    26. Stresses the importance of the EPF for enhancing the EU’s ability to prevent conflicts, build peace and strengthen international security;

    27. Welcomes the launch of the Belarus-EU consultative group to enable continuous dialogue between the EU and the Belarusian democratic forces; reiterates its support for the release of all political prisoners and the brave activists and journalists in Belarus who continue to resist the regime of the illegitimate leader in spite of ongoing crackdowns, notably the refusal to renew the passports of Belarussians abroad, and who have expressed their desire for democratic development in Belarus and for membership of the EU, including at the New Belarus Conference held in Warsaw in August 2023; underlines that such efforts demonstrate the fundamental role of civil society in strengthening democracy;

    Resolving conflict and supporting peace in the Middle East

    28. Affirms the right of Israel to defend itself as enshrined in and constrained by international law; recalls that Israel has the obligation to address the risk of mass starvation and the outbreak of disease epidemics in Gaza; recalls that Israel also has the obligation to protect the civilian population and that military operations must be proportionate and in line with international humanitarian law; expresses in the strongest terms its concern about the disproportionate military action by the Israeli Defence Forces in the Gaza Strip and in the West Bank and in Lebanon; calls for an immediate and permanent ceasefire including the unconditional release of all hostages;

    29. Reiterates its unwavering support for a negotiated two-state solution on the basis of the 1967 borders, with two sovereign, democratic states as peaceful neighbours and with Jerusalem as their shared capital, which remains the most viable path to lasting peace and security for both Israelis and Palestinians; calls for the VP/HR to support all efforts to this end, and in particular the Global Alliance for the Implementation of the two-State Solution; calls on all parties to renew efforts to remove the obstacles to this solution and to engage in dialogue aimed at achieving mutual understanding and respect; regrets the fact that the Palestinian Authority has not held elections since 2005, which hampers its credibility, and expects elections to be held soon; is convinced that there can be no prospect for peace, security, stability and prosperity for Gaza as well as for reconciliation between the Israeli and Palestinian populations as long as Hamas and other terrorist groups play a role in the Gaza Strip; calls, therefore, on the EU Special Representative for the Middle East Peace Process to support efforts to counteract the further radicalisation of young people in the region; condemns the acceleration of the illegal Israeli settlement of Palestinian territory, which violates international law, undermines efforts towards achieving a two-state solution, and poses a significant obstacle to lasting peace; reiterates in this context the important role of the Abraham Accords as a framework for achieving durable peace, stability and prosperity in the Middle East; expresses concern over the rising violence committed by Israeli forces and extremist settlers in the West Bank and East Jerusalem and welcomes sanctions adopted against extremist Israeli settlers; supports President Biden’s three-phase peace plan and regrets the lack of will on both sides to ensure its implementation; regrets, further, that the latest rounds of peace talks did not bring any tangible results; is aware of the fact that international stakeholders, including the US, the UN, the EU and Arab states, need to complement each other’s efforts in order for negotiations to resume and to be constructive; is committed to the future normalisation efforts between Israel and Arab states in the region;

    30. Supports a just and viable solution to the question of Palestinian refugees; underscores that the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) plays an important role in providing humanitarian aid and essential services which in the present circumstances must not be interrupted, and considers that all UN agencies active in the region must be supported in their efforts; recalls, however, its concern regarding serious allegations made against staff members of UNRWA which suggest that UNRWA has employed members of the terrorist organisation Hamas; welcomes the actions taken by the UN following the allegations regarding the Agency’s staff and welcomes UNRWA’s full commitment to implement the recommendations stemming from the ‘Colonna report’; echoes the European Council conclusions of 17 October 2024 which condemn any attempt to abrogate the 1967 agreement between Israel and UNRWA; insists that the Commission ensure that no funds from the EU budget finance, contribute to or support the activities of Hamas or Hezbollah; stresses that additional measures may be needed in the future to strive for even more transparency and accountability;

    31. Welcomes the recent ceasefire in Gaza and the progress made towards the phased release of hostages; emphasises that this represents a significant step towards relieving the immense suffering endured by civilians on both sides over the past months; praises the commitment of mediators, including the US, Egypt and Qatar, whose efforts were pivotal in achieving this breakthrough; considers that it is crucial that all obligations made under the deal are upheld, ensuring the release of all hostages and establishing a lasting cessation of violence, as well as allowing unrestrained access for humanitarian and medical assistance into the Gaza Strip; calls for all parties to fully commit to their obligations and to prioritise the protection of civilians; urges all European and international actors to actively oversee the implementation of the ceasefire and hold accountable those who fail to comply;

    32. Expresses concern about rising tensions in the Middle East and urges all involved parties to uphold international humanitarian law, to show maximum restraint and to commit to de-escalation, as a regional conflict must be avoided at all costs; deplores the loss of thousands of civilian lives; urges the disarmament of Hezbollah as part of broader measures to reduce hostilities and ensure regional stability; calls on the VP/HR to come forward with a comprehensive EU Middle East strategy, to increase the EU’s effective presence in the region, to promotes long-term stability and peace in the region and to strengthen partnerships with key regional stakeholders; stresses that the strategy must be fleshed out within the first months of the new Commission’s mandate and should be reflected in the forthcoming MFF for it to have any tangible impact on a rapidly deteriorating situation; underscores the need for Member States to step up their diplomatic efforts with international partners, including with the Gulf countries, in order to encourage urgent de-escalation and meaningful dialogue; underlines the need to prioritise and strengthen civil society organisations in the region, particularly organisations working on the protection of human rights and peacebuilding;

    33. Strongly condemns the destabilising role that the Iranian regime and its network of non-state actors play in the region; recalls that Iran has stepped out of the shadow of its proxies and condemns Iran’s two direct and open attacks on Israel’s territory in 2024, to which Israel retaliated both times, representing an unprecedented scaling up of the conflict; strongly condemns Hezbollah’s attacks against Israel which led to an Israeli ground invasion in Lebanon causing a high number of civilian casualties, forced displacement and escalating violence in Lebanon; takes note of the ceasefire between Israel and Hezbollah, agreed on 27 November 2024 for a period of 60 days; urges Israel to withdraw from southern Lebanon in line with UN Security Council Resolution 1701; recalls the need for a permanent cessation of hostilities as soon as possible to create space for a diplomatic solution along the Blue Line; demands the implementation of UN Security Council Resolution 1701 in its entirety, as the only path to de-escalate tensions and stabilise the Israel-Lebanon border in a durable manner and fully restore the sovereignty, territorial integrity and stability of Lebanon;

    34. Calls on the Council and the VP/HR to add Hezbollah in its entirety to the EU list of terrorist organisations;

    35. Takes note of the arrest warrant issued by the ICC on 21 November 2024;

    36. Highlights the need for the EU to follow up on its election observation and assist in finding solutions to electoral crises such as the one in Lebanon;

    37. Strongly condemns recent attacks against the UN Interim Force in Lebanon (UNIFIL) by the Israeli Defence Forces and Hezbollah; reiterates the inviolability of all UN personnel and premises and reaffirms the essential stabilising role played by UNIFIL in southern Lebanon, to which 16 Member States contribute, and calls for an immediate end to these attacks;

    38. Welcomes the EU’s decision to renew sanctions against Iran until July 2025, including by sanctioning Iran’s production of unmanned drones and missiles and its supply thereof to Russia and the wider Middle Eastern region; highlights the strong links between Iran and the Iranian Revolutionary Guard Corps (IRGC), its proxies such as the Houthis and militias operating in Iraq and Syria; strongly condemns the high number of terrorist and assassination attacks, or attempted attacks, perpetrated by the IRGC all over the world, including on European soil, over the past few decades; reiterates its call for the IRGC to be added to the EU list of terrorist organisations; points out that the sanctioning options that have not yet been exhausted include a much more restrictive approach to technology transfers through exports of products that are not categorised as ‘dual-use’;

    39. Strongly condemns the destabilising Houthi attacks against commercial vessels transiting the Red Sea; stresses that these have caused significant disruption to global trade as shipping companies are forced to reroute much of the Red Sea’s traffic around the southern tip of Africa; calls for collective action and encourages enhanced EU engagement and international cooperation, and strongly urges for continued action to ensure the freedom of navigation in one of the world’s most critical waterways; calls for the immediate cessation of these illegal attacks;

    40. Shares the objective of preventing Iran from acquiring nuclear weapons at all costs; points, however, to the fact that the regime in Tehran has clearly rejected a revival of the JCPOA and has refused to cooperate in its ongoing dispute with the International Atomic Energy Agency; highlights that, at the same time, Iran has increased its nuclear weapons capability; regrets the fact that there is currently no strategy in place to persuade Iran to refrain from building military nuclear capacity, nor a plan of action for the event that Iran does cross the nuclear threshold; calls upon the VP/HR to put forward a revised strategy towards Iran that prepares for all events;

    41. Expresses concern regarding the inflammatory rhetoric, fuelled by mis- and disinformation, that surrounds this conflict, and its instrumentalisation by malicious actors to sow distrust and hatred including within European societies, as illustrated notably, but not solely, by the worrying rise of antisemitism; warns that it should be a primary focus of the EU fight against disinformation and calls for a coordinated approach by the Commission, taking into account the external and internal dimensions of its policies, including but not limited to the forthcoming strategic communication plan to promote the EU’s role in the Southern Neighbourhood;

    42. Welcomes the historic fall of the Assad regime in Syria; recalls that it only survived so long thanks the support of its Russian and Iranian allies and that its collapse shows they are weakened; welcomes the nomination of a new Chargé d’Affaires of the EU Delegation to Syria, who made early contact with the transition authorities; reiterates its unwavering support for the people in Syria and highlights the need to urgently step up humanitarian aid and protection for the 16.7 million people in need; calls on all parties to contribute to a peaceful and Syrian-led transition towards an inclusive, democratic governance model that ensures the representation, participation and equal rights of women, minorities and all members of Syrian society regardless of ethnicity or religion and that puts the good functioning of the state institutions and the wellbeing of the Syrian people at the heart of their actions; calls on the Commission and the VP/HR to swiftly organise the ninth Brussels Conference on Syria without delay and come up with a comprehensive plan for EU support for the reconstruction of Syria, taking into account the lessons learned from Iraq and Libya, among others; urges the VP/HR to urgently present to the Council an action plan towards the swift yet reversible easing of sanctions that are not linked to the previous regime, with a review process conditional on the progress of the political transition; stresses that the fight against impunity in Syria is a moral and political imperative for Europe and the international community; calls on the EU and its Member States to support the work of the International, Impartial and Independent Mechanism to Assist in the Investigation and Prosecution of Persons Responsible for the Most Serious Crimes under International Law Committed in the Syrian Arab Republic since March 2011; calls on the EU and its Member States to consider the establishment of a special mission, in cooperation with international partners, to help document cases of serious crimes by the Assad regime, as well as by all other factions; stresses the importance of preserving the territorial integrity of Syria, also to help preserve stability in the region; calls on the VP/HR and the Member States to take immediate steps to prevent any re-establishment or reinforcement of Russian forces, paramilitaries or intelligence in the country;

    Incentivising cooperation with like-minded partners

    43. Acknowledges that the requirement for unanimity forces the Member States to work relentlessly to achieve compromise and unity, which is the source of the EU’s political leverage on the world stage; points out, however, that the trade-off between the ideal of unity and the high costs of unanimity in terms of credibility on the global stage should be assessed critically, particularly bearing in mind the effective functioning of an enlarged EU;

    44. Regrets, in this context, the fact that individual Member States have used their veto right to water down agreements, delay decision-making or thwart a common policy altogether; regrets that the potential for fast, efficient and effective foreign, security and defence action, as provided for, inter alia, by the passerelle clauses of the TEU, has never been used;

    45. Reiterates its call for the Council to gradually switch to qualified majority voting for decisions in areas of the CFSP that do not have military or defence implications; acknowledges the concerns of some Member States, which fear a decreased ability to influence foreign and security policy at EU level; encourages, pending the full application of qualified majority voting to decisions without military or defence implications, the full use of all currently existing possibilities to enhance decisiveness in this regard, including the use of constructive abstention in line with Article 31(1) TEU; recognises that progress towards the application of qualified majority voting can only be gradual, building on the formation of a European strategic culture;

    46. Highlights that the world is becoming more multipolar and less multilateral; emphasises that multilateral forums, chief among them the UN and its agencies, should be considered the EU’s format of cooperation of choice; calls on the Member States to reinforce inclusive forms of multilateral governance and encourages, in this context, the Commission, the EEAS and the Council to step up interinstitutional cooperation with multilateral organisations that are integral to the international rules-based order and thereby protect the UN and the multilateral system as a whole; expresses concern, in this respect, about the increasing relevance of exclusive formats of cooperation, which experience increasing competition; expresses concern at the growing membership of the BRICS group, which currently includes 45 % of the world’s population; stresses that such cooperation provides Russia with the means to circumvent measures intended to politically isolate the country and enables China to further extend its influence through its modus operandi of financing infrastructure projects; observes, at the same time, that international institutions and norms are increasingly being instrumentalised and undermined by autocratic regimes; stresses that this trend puts the EU in a delicate position, having to balance the need to appeal for a broad and inclusive concept of multilateralism while reinforcing cooperation with selected, like-minded partners;

    47. Stresses, in this context, that the geopolitical context in which the EU is operating remains marked by radical uncertainty and a shift from cooperation to competition; observes with concern how all types of interaction are being weaponised and notes that this trend impairs international cooperation at a time when global transitions need to accelerate in order to effectively address global challenges; recalls that the EU cannot afford to turn inwards and must remain open and engaged in the world to defend its values and its interests; underlines that, in light of intensified efforts by third countries to destabilise the international order and undermine multilateralism through the spread of disinformation, enhanced cooperation and coordination with like-minded partners is essential;

    48. Calls for the EU institutions and the Member States to actively support a comprehensive institutional reform of multilateral institutions, first and foremost the UN system and particularly the UN Security Council, which should include measures aimed at limiting the use of veto powers, boosting regional representation, making the executive body accountable to the assembly that elects it and redefining the composition to better reflect geopolitical reality, including by establishing a permanent seat for the EU; stresses that such reforms are essential to strengthen multilateralism, improve global governance and values-based decision-making, and address international challenges more inclusively and responsively;

    49. Recalls the importance of a strong and constructive partnership with the UK; welcomes the renewed impetus from the new UK Government to reflect with the EU on possibilities for closer and more permanent foreign policy and security cooperation, underpinned by concrete actions and building on the good cooperation at UN level as well as the effective coordination between the EU and the UK on the adoption and monitoring of the implementation of sanctions against Russia; believes that such coordination is of added value for both the EU and the UK and hence welcomes the agreement to work towards the creation of an EU-UK security partnership based on shared interest and collective responsibility; believes that in the scope of such a partnership, topics such as maritime security should be consulted on; demands that Parliament be duly involved and informed in such reflections;

    50. Takes note of the result of the presidential and congressional elections in the United States; recalls that the transatlantic relationship remains one of the most important and strategic relationship for the EU and its Member States, which has been emphasised by the unity and strength of the partnership demonstrated following Russia’s invasion of Ukraine; underlines that a strong transatlantic relationship remains indispensable for the security of the partners on both sides of the Atlantic; calls on the Commission to foster closer ties with key partners in both the US and Canada in order to counter global challenges that affect our shared values, interests, security and prosperity; in this context reiterates its call for EU-US summits to be held on a regular basis to provide top-level impetus to the future cooperation; fully supports the deepening of cooperation in the framework of the EU-US transatlantic dialogue, such as through transatlantic parliamentary diplomacy; calls for stronger transatlantic cooperation on trade, on foreign and security policy and on combatting challenges caused by rapid technological changes and growing cyber threats; welcomes in that regard the work of the Transatlantic Trade and Technology Council;

    51. Reiterates, irrespectively, the need for Member States to fully operationalise the concept of EU strategic autonomy and defence readiness and to this end make collective and well-coordinated investments in their security and defence with the objective of achieving a genuine European Defence Union that is interoperable and complementary with the NATO alliance and can act independently when needed;

    52. Encourages close relations with western European non-EU countries, in particular cooperation in certain areas of EU external action; welcomes in this context the conclusion of negotiations on a broad package of measures for future EU-Switzerland relations, which mark a significant milestone in advancing and deepening the already close relationship; calls on the Commission to modernise and deepen bilateral relations between the EU and Switzerland; stresses the importance of promoting stronger relations with Norway, particularly in the scope of the security and defence partnership as well as the cooperative management of shared stocks and the continuation of long-standing fishing activities; calls for the swift signing of the association agreement between the EU and Andorra and San Marino;

    53. Welcomes the new momentum in bilateral relations between the EU and Armenia, which is strongly supported by the authorities in Yerevan; calls on the Commission and the Council to actively support Armenia’s desire for increased cooperation with the EU; expresses full support for the newly launched work on the EU-Armenia Partnership Agenda, establishing more ambitious joint priorities for cooperation across all dimensions;

    54. Expresses its strong support for the activities of the European Union Mission in Armenia (EUMA) and underscores the important role it plays; calls on EUMA to continue to closely monitor the evolving security situation on the ground, provide transparent reporting to Parliament and actively contribute to conflict resolution efforts; calls for the EU and its Member States to strengthen EUMA’s mandate, increase its size and extend its duration; calls on the Azerbaijani authorities to agree to have such a civilian mission on their side of the border as well;

    55. Is of the view that the centre of gravity in the global order is shifting towards the Indo-Pacific and that the EU must strengthen its active role and presence in this region to safeguard its interests, promote stability and uphold a rules-based international order; reiterates that a peaceful, free, stable and rules-based Indo-Pacific region is of vital European interest; is concerned that great power competition in the region is imposing parameters on the EU’s ability to promote multilateralism in the region; points out, in this context, that the Asia-Europe Meeting is still hamstrung because of the geopolitical tensions with Russia; calls, in this context for enhanced foreign, security and defence policy ties with like-minded partners in the region in line with the EU strategy for cooperation in the Indo-Pacific; encourages the VP/HR to promote the visibility and impact of the EU’s external action together with our Indo-Pacific partners, particularly Australia, India, New Zealand, South Korea, Japan and Taiwan;

    56. Recalls, in this context, the strategic partnership the EU enjoys with Japan, which should serve as a role model for a fruitful bilateral partnership that allows effective policy-shaping in multilateral contexts; notes that the EU and Japan are celebrating 50 years of their respective diplomatic missions in 2024 and strongly emphasises the EU’s interest in deepening and broadening this partnership bilaterally in the 50 years to come; welcomes, to this end, the EU-Japan Economic Partnership Agreement and the EU-Japan Strategic Partnership Agreement (SPA), the latter of which provides for, among other things, consultations on the development of respective defence initiatives including exchange of information on defence industry-related matters, as well as the exploration of possible mutual involvement in respective defence initiatives;

    57. Notes that geopolitical challenges have strengthened the shared interest of the EU and India in ensuring security, prosperity and sustainable development; calls for an India-EU summit to keep bilateral relations high on the agenda; identifies climate change and green growth, digitalisation and new technologies, research and development, connectivity, trade and investment, foreign, security and defence policy as the key areas of cooperation; calls, in this respect, for stronger buy-in from Member States; calls, equally, on the Member States to expand and broaden the India-EU cooperation on maritime security in response to China’s evolving presence in the Indo-Pacific; highlights the need to engage with India on its heavy military dependency on Russia as well as its supply of restricted critical technologies to Russia; urges India to condemn Russia’s illegal war of aggression against Ukraine and to join the EU sanctions policy towards Russia;

    58. Considers India an important democratic partner and encourages the EU to strictly engage with the Indian Government on the respect of human rights and rule of law, both internally and worldwide; calls for the full implementation of the EU Strategy on India of 2018 and the EU-India Roadmap to 2025 in close coordination with Member States’ own actions; stresses in particular the need to promote greater synergies in foreign and security policy through existing dialogue mechanisms and other forums set up under the EU-India Roadmap to 2025;  welcomes the announcement of a forthcoming strategic EU-India agenda;

    59. Recalls the EU’s commitment to its ‘One China’ policy as one of the principles of EU-China relations; underscores that Taiwan is a key democratic partner for the EU in the Indo-Pacific region; recognises the importance of Taiwan in securing global supply chains, especially in the high-tech sector, and urges the EU and its Member States to engage in closer cooperation with Taiwan in order to further boost economic, trade and investment ties; encourages the Commission to launch, without delay, preparatory measures for negotiations on an investment agreement with Taiwan; emphasises that any attempt from authoritarian regimes to restrict the benign development of EU-Taiwan relations is not acceptable;

    60. Strongly condemns China’s continued military provocations against Taiwan and reiterates its firm rejection of any unilateral change to the status quo in the Taiwan Strait; calls for the EU and its Member States to ensure, through clear and consistent signalling, that any attempt to unilaterally change the status quo in the Taiwan Strait, particularly by means of force or coercion, cannot be accepted and will have high costs; highlights that China’s territorial claims have no basis in international law and that only Taiwan’s democratically elected government can represent the Taiwanese people; denounces, furthermore, China’s blocking of Taiwan’s meaningful participation in multilateral organisations, such as the WHO, the International Civil Aviation Organization and the UN Framework Convention on Climate Change, by its continuous distortion of UN General Assembly Resolution 2758; calls, accordingly, for the EU and its Member States to support Taiwan’s meaningful participation in relevant international organisations;

    61. Expresses deep concern about the latest shifts in China’s domestic and military posture since the 20th national congress of the Chinese Communist Party; holds the view that China demonstrates that it has both the intent and increasingly the economic, diplomatic, technological and military power to redefine the global order; underscores that the military-civil fusion strategy is a testament to such means; stresses, in this context, that the EU needs to be more assertive and unified in its approach to China and therefore calls on the VP/HR and the Member States to review the strategy towards China that takes full account of the increasingly oppressive domestic policies, the assertive foreign policy as well as the use of economic coercion as a means by which China aims to reach its objectives; considers that the challenges stemming from the rise of China as a global actor require a balanced multi-dimensional response along the principle of ‘cooperate where possible, compete where needed and confront where necessary’, through which the EU maintains its selective engagement with China as a permanent member of the UN Security Council on a number of key issues;

    62. Highlights that the PRC’s increasingly aggressive posture poses a threat to the freedom of navigation and jeopardises the stability which is vital for global trade; emphasises that this situation is being watched with concern by a growing number of like-minded partners committed to peace and stability in the region; underlines the need to shore up deterrence against destabilising behaviour, including through regular operations to assert freedom of navigation over the PRC’s attempts to impose control over international waters and airspace;

    63. Holds the view that China, through the continued growth of the Sino-Russian strategic partnership, including in the areas of technology and military capability transfers, (indirectly) enables the Russian war of aggression against Ukraine;

    64. Reiterates its condemnation of China’s violation of its international commitments, its breaches of the Sino-British and Sino-Portuguese Joint Declarations, the International Covenant on Civil and Political Rights, the ‘one country, two systems’ principle and the Hong Kong Basic Law as well as the crackdown on the special administrative region’s autonomy and opposition figures, including members of civil society and their family members; calls on the Commission to assess the autonomous status of Hong Kong and Macao in the light of China’s breaches of the Sino-British and Sino-Portuguese Joint Declarations and the crackdown on Hong Kong’s autonomy;

    65. Is concerned about the growing economic penetration of Chinese companies within the EU, including in strategic sectors such as battery manufacturing; stresses the urgent need to continue the policy of de-risking by continuing to reduce economic dependence in critical sectors, in line with the EU’s economic security strategy;

    66. Reiterates that the Association of Southeast Asian Nations (ASEAN) is a crucial partner in reinforcing rules-based multilateralism; supports ASEAN’s efforts to finalise negotiations with China on an effective and substantive code of conduct in the South China Sea; encourages enhanced EU engagement and cooperation with ASEAN and efforts towards a comprehensive strategic partnership, building on economic ties and sustainable growth, and in particular on political cooperation with regard to human rights and democracy; calls for increased support for Myanmar’s national unity government and for greater pressure to be applied to ASEAN countries to align on international sanctions against Myanmar’s military junta;

    67. Urges the VP/HR and the Member States to focus on bilateral relations with partners in Africa, among others Ghana, Morocco, Kenya, Senegal and Mauretania, taking into account mutual needs and interests in order to foster real and balanced partnerships; believes that the ‘more for more’ principle should be integrated fully into relations with non-EU countries, whereby the EU develops stronger partnerships with those countries that uphold the principles of the CFSP and the common security and defence policy (CSDP), and the fundamental values of the EU; is of the belief that the EU needs to maintain a continued focus on Africa, which is already a strategic continent and will become an increasingly important player in the future;

    68. Calls for the EU to suspend both its Memorandum of Understanding on raw materials and all military cooperation with Rwanda, including through the EPF and any other mechanisms, until Rwanda ends its illegal support for armed groups and fully respects the sovereignty and territorial integrity of the Democratic Republic of the Congo (DRC); condemns the breaches of the sovereignty and territorial integrity of the eastern DRC by the rebels of M23; is deeply concerned about the humanitarian situation of thousands of displaced persons in the area; urges the VP/HR to engage in clear actions in line with the EU’s Great Lakes strategy in order to restore stability and to cooperate with the UN Stabilization Mission in the Democratic Republic of the Congo (MONUSCO) for the protection of civilians in the eastern DRC;

    69. Underlines that the recent developments in Tunisia have raised concerns about human rights and democratic standards, with reports indicating limited transparency, restricted opposition participation and reduced political competition in the presidential election; underlines the EU’s continued commitment to and support for Tunisia during this politically and socio-economically sensitive period, through maintaining contact at various levels;

    70. Underscores that the EU has a direct and vital interest in the stability, security and economic growth of the Mediterranean basin as well as the wider Southern Neighbourhood; recalls that the European neighbourhood policy was launched with the laudable goals of fostering stability, prosperity and good governance in the southern Mediterranean; acknowledges, however, that it is evident today that its instruments, objectives and principles are no longer aligned with the region’s current realities; regrets that, almost 30 years after the launch of the so-called Barcelona Process, the creation of an area of shared prosperity, stability and freedom with the Mediterranean countries of the Southern Neighbourhood has not been achieved; calls on the Commission to present a new pact for the Mediterranean; believes that the EU and the countries of the Southern Neighbourhood should conclude memorandums of understanding aimed at promoting stability, prosperity and the defence of human rights, conditional on cooperating on migration; recalls that instability and insecurity in the Southern Neighbourhood remains an ongoing challenge for European external border management; argues that, while prioritising bilateral relations with countries in the region, the EU should also continue to foster regional cooperation through existing frameworks such as the Union for the Mediterranean; welcomes the appointment of a Commissioner in charge of the Mediterranean;

    71. Stresses the need for the EU to strengthen and deepen its cooperation with Arab countries and the Gulf, in response to the pressing geopolitical, social, and economic challenges facing the region; emphasises that enhanced collaboration should prioritise key areas such as migration, digital transformation, security, the green transition and cultural exchange to build a resilient partnership; calls for a strategic approach that tailors engagement with each country to foster sustainable development and mutual understanding;

    72. Welcomes the successful conclusion of the first EU-Gulf Cooperation Council (GCC) Summit and believes this summit to have marked a pivotal moment in the relationship between the EU and its partners from the GCC, stressing mutual commitment to strengthening ties across key strategic, economic, and cultural areas;

    73. Underlines the importance of upholding and promoting democratic values in the region; condemns the rise of hate speech, including against the European institutions, and attacks on individual freedoms and the international order, both within Member States and abroad;

    74. Emphasises that the countries of the EU, Latin American and the Caribbean are like-minded and share values, languages, history, culture and religion, which should make them natural partners in today’s geopolitical context; notes that the EU’s engagement in the region has dwindled in recent decades, which has created a vacuum for the growing influence of China and Russia; urges countries across Latin America to adopt a firmer attitude of condemnation of Russia’s aggression against Ukraine; calls on the Member States and the EEAS to pursue proactive diplomacy in the region, with a strong emphasis on defending the multilateral global order, international law and respect for democracy and human rights; urges for multilateral initiatives to address political instability in the most volatile countries in the region, for instance in Haiti;

    75. Welcomes the signing of the EU-Chile Advanced Framework Agreement and calls for its swift and full ratification; calls for progress to be made towards the signing and ratification of the EU-Mexico Global Agreement;

    76. Welcomes the conclusion of the agreement with Mercosur; underlines that Parliament will examine whether the provisions on sustainability meet the highest levels of ambition;

    77. Welcomes the EU-Community of Latin American and Caribbean States (CELAC) informal meeting and the implementation of initiatives under the EU-CELAC Roadmap 2023-2025 and, in this regard, underlines the need to adopt a new and ambitious roadmap at the 2025 summit, that keeps strengthening the partnership and takes into account best practices accomplished so far;

    78. Underlines the need for a tougher approach to address violence against environmental defenders and to step up the EU’s efforts to assist in the preservation of biodiversity and in adaptation to the climate emergency; suggests further strengthening cooperation against organised crime and drug trafficking which also has an impact on the EU; calls for a substantial increase in bi-regional cooperation in the fight against this phenomenon;

    79. Calls on the VP/HR to make the work with like-minded democracies a priority of her term and to systematise cooperation and consultation with democratic like-minded partners in order to promote democracy and improve common preparedness and access to crisis response resources; reiterates, in this context, the recommendation to deepen ties with regional organisations such as ASEAN and the African Union to enhance cooperative security frameworks;

    80. Reiterates its support for the European Political Community as a platform for discussion, dialogue and cooperation with European partners on the foreign policy and security challenges we are facing, with the aim of strengthening security and stability in Europe and pursuing political and security cooperation based on shared interests; calls for the close involvement of Parliament in the clarification of the scope and the future work of this community; underlines that, for the future success and coherence of this format, some level of alignment on democratic values and principles is essential; reiterates that the European Political Community may under no circumstances become a pretext for delays to the EU accession of enlargement countries;

    81. Believes also in the significance of building new alliances, inter alia with the countries in our neighbourhood as well as in the Global South, taking into account mutual needs and interests in order to foster real, balanced and equal partnerships; stresses the importance of establishing these political agreements with third countries, based on common European values and fundamental rights; calls for the EU to respond to partner countries’ expectations and to deliver quickly on political agreements with them in order to show that the EU is a reliable and strategic partner and demonstrate that the international rules-based system can meet contemporary challenges; calls, in this context, for collaborative initiatives between the EU and Global South countries to assess and tackle the debt crisis; notes that agreements with the Global South, especially on raw materials, should contribute to local economic development rather than deepening dependence and excessive resource exploitation;

    Fostering EU action abroad

    82. Highlights the role of the VP/HR as a bridge-builder between the CFSP and EU external relations to ensure the highest level of coordination and coherence in EU external action; stresses the need for the EU to foster the visibility and effectiveness of its external action and development cooperation efforts, regrets, nonetheless, that in some cases there is a lack of clarity in the external representation of the EU, hindering the EU’s strategic communication abroad; stresses the need to clearly define the competences of the VP/HR, the President of the Commission and the President of the European Council with regard to the EU’s external action and representation so that the EU’s voice is coherent and perceived as such by its partners; calls on the Commission to strengthen its coordination with the EEAS in external action, including by ensuring full compliance with Articles 3.2 and 9 of the EEAS Decision[16], which may need to be updated;

    83. Calls for the EEAS – both its headquarters and EU delegations – to be strengthened through the provision of the appropriate financial and human resources so that the EU can be better prepared for current and emerging global challenges; calls for the EEAS to be able to select and recruit its permanent EU diplomatic staff and to ensure a fair gender and geographical balance among Member States across all levels within the EEAS; calls on the VP/HR to swiftly come up with proposals for the future operational structure of the EU’s external action and to that end to fully take into account Parliament’s recommendation of 15 March 2023 taking stock of the functioning of the EEAS and for a stronger EU in the world[17]; stresses the need to strengthen strategic communication and the EU’s work on countering disinformation via dedicated resources and offices in strategically relevant regions and countries;

    84. Recalls that the EU has a strategic interest in advancing sustainable development, poverty reduction and equality globally, as these efforts contribute to long-term global peace and security; calls on the Commission to effectively and swiftly use the Global Gateway Initiative as a sustainable alternative to China’s Belt and Road Initiative and as an instrument to increase the EU’s presence and visibility worldwide; recalls that the Global Gateway Initiative is to be understood as a strategic concept integrating foreign, economic and development policy, including the climate and digital transitions, as well as infrastructure investment in order to strengthen close partnership based on mutual benefits, economic development and resilient supply chains; stresses, in this context, that coordination with international financial institutions, well-defined private-sector involvement and tailored strategic communications, including in the recipient countries, are essential in order for the instrument to reach the desired scale; is concerned by reports that a number of Global Gateway projects are being implemented by Chinese companies in direct violation of the initiative’s aims and objectives, which includes the strengthening of the EU’s economic security and fostering economic development and mutually beneficial partnerships with third countries; calls, therefore, for an immediate investigation and the removal of all Chinese companies involved in Global Gateway; stresses that the EU’s support should complement other initiatives such as the Partnership for Global Infrastructure and Investment, the India–Middle East–Europe Economic Corridor and the Lobito Corridor, and should in particular aim at achieving the Sustainable Development Goals;

    85. Reiterates that Parliament plays an integral role in the CFSP and makes a specific contribution thereto by virtue of its parliamentary diplomacy and its distinct instruments, channels and contacts, including its democracy support programmes, the Foreign Affairs Committee, regular parliamentary dialogues and official delegations; emphasises that parliamentary diplomacy has a great potential to engage key political stakeholders and facilitate democratic governance; stresses, in particular, the added value of parliamentary diplomacy during the Russian war of aggression against Ukraine and highlights, in this context, the valuable cooperation at political and technical level between the Verkhovna Rada of Ukraine and the European Parliament;

    86. Firmly believes that diplomacy is a significant part of EU action; calls, in this light, for the further development of the EU’s preventive diplomacy as a proactive external policy tool to pre-empt, mediate and peacefully resolve conflict between parties, calls on the EEAS to integrate the EU’s preventive diplomacy tools within structural prevention mechanisms and actions, such as political agreements among different actors involved in conflicts, national dialogues for reconciliation, peacebuilding and transitional justice, as well as truth and reconciliation commissions; urges the EEAS to conduct ‘lessons learnt’ exercises to assess diplomatic efforts, identify areas for improvement and integrate best practice into future initiatives; calls for the EEAS’ capacities in those regards to be increased, in particular in the relevant crisis preparedness and response divisions; stresses the urgent need to double the relevant EU budget within the Neighbourhood, Development and International Cooperation Instrument and strongly increase EU action on mediation, dialogue and reconciliation;

    87. Reaffirms the role of the EU special representatives (EUSRs), who promote the EU’s policies and interests in specific regions and countries and play an important role in the development of a stronger and more effective CFSP by providing the EU with an active political presence in key countries and regions, acting as a ‘voice’ and ‘face’ for the EU and its policies; emphasises the importance of equipping EUSRs with sufficient resources enabling them to effectively implement those tasks; stresses the importance for EUSRs of having a broad, flexible mandate, capable of adapting to evolving geopolitical circumstances in order to promote the EU’s policies and interests in specific regions and countries and play an active role in preventive diplomacy efforts; insists that the appointment of new EUSRs should take place only after a hearing in Parliament;

    88. Underlines the EU’s missions and operations abroad for promoting peace, security and progress in Europe and in the world; calls on the VP/HR:

     to prepare the proposals for the necessary CFSP missions to be launched in 2025, using the EU’s Rapid Deployment Capacity (RDC) as preventive military reinforcement; recalls that the administrative expenditure for these measures, including the RDC’s standby expenditure, should be charged to the EU budget;

     to work with Cyprus, Türkiye, the UK and the UN to implement concrete measures for a demilitarisation of the buffer zone in Cyprus, and to improve security on the island, both of the Greek Cypriot community and of the Turkish Cypriot community;

     to support an increased role of the two EU civilian CSDP missions, EUPOL COPPS and EUBAM Rafah, in line with European Council conclusions of 21 and 22 March 2024, recalling they can play an important role based on the principle of the two-state solution and the viability of a future Palestinian state, and to participate in the facilitation of the delivery of humanitarian assistance to the Gaza Strip, to improve the efficiency of the Palestinian Authority in the West Bank, and to prepare for its return to the Gaza Strip;

     to create the necessary conditions for the full reactivation of EUBAM Rafah to allow it to act as a neutral third party at the Rafah crossing point, in coordination with the Palestinian Authority as well as the Israeli and Egyptian authorities; expects the reinforcement of the scope and mandates of EUPOL COPPS and EUBAM Rafah on the ground to be included as key priorities of the forthcoming EU-Middle East strategy;

     to further increase the number of observers deployed as part of the EU civilian mission in Armenia on the Armenian side of the international border with Azerbaijan and reiterate calls for Azerbaijan to cooperate with the mission and cease its smear campaign against it;

     to work with Australia, New Zealand, the Republic of Korea, Japan, Taiwan and ASEAN member states to facilitate the peace and security of the Indo-Pacific and south-east Asian regions;

     to develop strategies to counter hybrid attacks on the EU’s eastern border, particularly those involving instrumentalising migration as a tactic to destabilise Member States and exert political pressure;

    89. Calls on the VP/HR to follow up on the examples of the successful evacuation actions in Sudan and of the stepped-up consular protection, and to work towards a comprehensive system of protection for EU citizens abroad; stresses that the impact of continuous crises and conflicts worldwide can entail the risk of overloading Member States’ consular protection and/or assistance capacities and calls, in this regard, for the strengthening of the capabilities and resources of the EEAS Crisis Response Centre and the EU Civil Protection Mechanism; recalls its longstanding position of applying a similar level of protection for the local staff in EU delegations and CFSP missions and operations;

    III. The next MFF and its parliamentary oversight

    90. Believes that there is a need for stronger institutionalised parliamentary oversight of the EU’s external action, including regular and timely, yet secure, access to confidential information and briefings in the European Parliament in line with Article 36 TEU; emphasises the need for more feedback from the VP/HR and the EEAS about the actions taken and the effects achieved, in order to fulfil Parliament’s recommendations outlined in the resolutions on foreign affairs matters;

    91. Underlines that in the CFSP, which comprises the CSDP, the European Parliament exercises its budgetary function jointly with the Council; recalls that the European Parliament also exercises the function of political control and consultation over those policies as referred to in Article 36 TEU; 

    92. Recalls that in line with Article 41 TEU, all CFSP and CSDP administrative and operating expenditure should be charged to the EU budget, except for such expenditure arising from operations having military or defence implications;

    93. Underlines that CFSP or CSDP decisions entailing expenditure always constitute basic choices for those policies and must be subject to parliamentary oversight; calls on the VP/HR to consult Parliament before proposing CFSP or CSDP decisions, thereby ensuring transparency and accountability in line with Article 36 TEU;

    94. Recalls that Parliament’s exercise of its budgetary function is inextricably linked to its function of political control and consultation; recalls that Article 36 TEU establishes a specific relationship between the VP/HR and the European Parliament, which is a prerequisite for Parliament to exercise those functions, and that the VP/HR should support Parliament in those regards;

    95. Regrets that the budget for civilian CSDP missions is insufficient; recalls that the number and tasks of such missions have increased, the security environment has become more challenging, and the cost of operations has increased; urges the European Council to provide for a substantive increase in CFSP funding placed under a separate Civilian CFSP and Crisis Management heading; calls for the efficient use of the funds allocated to civilian CSDP missions to be ensured, in order to make sure that these missions are able to respond effectively to crisis situations and unforeseen events; calls on the VP/HR and the Commission to come forward with joint proposals to those ends;

    96. Is deeply concerned that the EEAS is structurally underfunded and that this already entails serious and far-reaching negative consequences for the EU’s external action and the performance of the EU institutions in this area; underlines that a specific approach to the EEAS’ administrative budget is necessary and recalls that the absence of corrective action risks having a severe impact on the EU’s relations with third countries;

    97. Calls on the Commission to consider in its proposal for the next MFF under the EU external action heading:

     robust capabilities and resources for EU external action that take into account the increasingly challenging international arena, recalling in this regard that it is crucial to further strengthen EU support for human rights, democracy and development in third countries;

     resources for the EU’s digital diplomacy, given the current context of rapid technological advancements and geopolitical competition;

     resources for green diplomacy;

     a dedicated budget for specific EU foreign policy actions on gender equality and the women, peace, and security (WPS) agenda, in order to integrate gender perspectives into EU diplomatic and human security efforts,

     resources for preventive scrutiny of potential beneficiaries to ensure that EU funds under no circumstance directly or indirectly support activities, projects or literature that incite violence and hatred, including antisemitism, and to ensure that all recipients of EU funding are monitored accordingly; 

    98. Calls on the Commission to present its proposals for the next MFF in the first semester of 2025 to allow for sufficient time to negotiate the programmes; underlines the need for a more detailed budgetary nomenclature in the Neighbourhood, Development and International Cooperation Instrument, the Instrument for Pre-accession Assistance and the CFSP budget, which allow the budgetary authority to set policy and geographic priorities in the framework of the annual budgetary procedure;

    99. Underlines that each matter raised above requires an appropriate response by the executive; calls on the VP/HR to respond to Parliament’s calls, requests and concerns swiftly and in writing; considers that oral statements in committee or plenary can only constitute a sufficient response in exceptional or urgent cases; stresses that in the current challenging geopolitical context, close cooperation and partnership between the European Parliament and the VP/HR are of strategic importance; expects more systematic exchanges prior to the adoption of mandates and CFSP strategies and an improved flow of information on negotiations and the implementation of international agreements, as well as memoranda of understanding; expects, in addition, Parliament to be effectively incorporated throughout EU external policies and action, thereby mobilising parliamentary diplomacy in support of the VP/HR’s efforts;

    °

    ° °

    100. Instructs its President to forward this resolution to the European Council, the Council, the Commission, the Vice-President of the Commission / High Representative of the Union for Foreign Affairs and Security Policy and the governments and parliaments of the Member States.

    MIL OSI Europe News

  • MIL-OSI Europe: REPORT on the implementation of the common security and defence policy – annual report 2024 – A10-0011/2025

    Source: European Parliament

    MOTION FOR A EUROPEAN PARLIAMENT RESOLUTION

    on the implementation of the common security and defence policy – annual report 2024

    (2024/2082(INI))

    The European Parliament,

     having regard to the Treaty on the Functioning of the European Union (TFEU),

     having regard to Title V of the Treaty on European Union (TEU), in particular Chapter Two, Section Two thereof on provisions on the common security and defence policy (CSDP),

     having regard to the Versailles Declaration adopted at the informal meeting of heads of state or government on 11 March 2022,

     having regard to the ‘Strategic Compass for Security and Defence – For a European Union that protects its citizens, values and interests and contributes to international peace and security’, which was approved by the Council on 21 March 2022 and endorsed by the European Council on 25 March 2022,

     having regard to the national security strategies of the EU Member States,

     having regard to the Civilian CSDP Compact – Towards more effective civilian missions, approved by the Council on 22 May 2023,

     having regard to Council Decision (CFSP) 2017/2315 of 11 December 2017 establishing permanent structured cooperation (PESCO) and determining the list of participating Member States[1],

     having regard to Council Decision (CFSP) 2022/1968 of 17 October 2022 on a European Union Military Assistance Mission in support of Ukraine (EUMAM Ukraine)[2],

     having regard to Council Decision (CFSP) 2022/1970 of 17 October 2022 amending Decision 2010/452/CFSP on the European Union Monitoring Mission in Georgia, EUMM Georgia[3],

     having regard to Council Decision (CFSP) 2022/2507 of 19 December 2022 amending Decision 2010/452/CFSP on the European Union Monitoring Mission in Georgia, EUMM, Georgia[4],

     having regard to Council Decision (CFSP) 2023/162 of 23 January 2023 on a European Union mission in Armenia (EUMA)[5],

     having regard to Council Decision (CFSP) 2024/890 of 18 March 2024 amending Decision (CFSP) 2021/509 establishing a European Peace Facility[6],

     having regard to Regulation (EU) 2019/452 of the European Parliament and of the Council of 19 March 2019 establishing a framework for the screening of foreign direct investments into the Union[7],

     having regard to Regulation (EU) 2021/697 of the European Parliament and of the Council of 29 April 2021 establishing the European Defence Fund and repealing Regulation (EU) 2018/1092[8],

     having regard to Regulation (EU) 2023/1525 of the European Parliament and of the Council of 20 July 2023 on supporting ammunition production (ASAP)[9],

     having regard to Regulation (EU) 2023/2418 of the European Parliament and of the Council of 18 October 2023 on establishing an instrument for the reinforcement of the European defence industry through common procurement (EDIRPA)[10],

     having regard to Regulation (EU) 2024/1252 of the European Parliament and of the Council of 11 April 2024 establishing a framework for ensuring a secure and sustainable supply of critical raw materials and amending Regulations (EU) No 168/2013, (EU) 2018/858, (EU) 2018/1724 and (EU) 2019/1020[11],

     having regard to the Commission proposal of 18 April 2023 for a regulation of the European Parliament and of the Council laying down measures to strengthen solidarity and capacities in the Union to detect, prepare for and respond to cybersecurity threats and incidents (COM(2023)0209),

     having regard to the joint communication from the Commission and the High Representative of the Union for Foreign Affairs and Security Policy of 10 March 2023 on a European Union Space Strategy for Security and Defence (JOIN(2023)0009),

     having regard to Commission Recommendation (EU) 2023/2113 of 3 October 2023 on critical technology areas for the EU’s economic security for further risk assessment with Member States[12],

     having regard to the annual financing decision, constituting the first part of the annual work programme for the implementation of the European Defence Fund for 2024, adopted by the Commission on 21 June 2023 (C(2023)4252),

     having regard to the Council conclusions of 22 January 2018 on the Integrated Approach to External Conflicts and Crises and of 24 January 2022 on the European security situation,

     having regard to the Granada Declaration adopted at the informal meeting of heads of state or government on 6 October 2023,

     having regard to the Council conclusions of 21 February 2022 extending and enhancing the implementation of the Coordinated Maritime Presences Concept in the Gulf of Guinea,

     having regard to the European Council conclusions of 21 and 22 March 2024, concerning the decision to open accession negotiations with Bosnia and Herzegovina,

     having regard to the Council conclusions of 27 May 2024 on EU security and defence,

     having regard to the joint communication from the Commission and the High Representative of the Union for Foreign Affairs and Security Policy of 10 November 2022 entitled ‘Action plan on military mobility 2.0’ (JOIN(2022)0048),

     having regard to the joint communication from the Commission and the High Representative of the Union for Foreign Affairs and Security Policy of 18 May 2022 on the Defence Investment Gaps Analysis and Way Forward (JOIN(2022)0024),

     having regard to the joint communication from the Commission and the High Representative of the Union for Foreign Affairs and Security Policy of 5 March 2024 entitled ‘A new European Defence Industrial Strategy: Achieving EU readiness through a responsive and resilient European Defence Industry’ (JOIN(2024)0010),

     having regard to the report by the High Representative of the Union for Foreign Affairs and Security Policy of 20 June 2024 entitled ‘Common Foreign and Security Policy Report – Our priorities in 2024’,

     having regard to the political guidelines for the next European Commission 2024-2029, by the candidate for European Commission President, Ursula von der Leyen, of 18 July 2024, entitled ‘Europe’s choice’,

     having regard to the report by Enrico Letta entitled ‘Much more than a market’ and in particular the section on ‘Promoting peace and enhancing security: towards a Common Market for the defence industry’, published in April 2024,

     having regard to the report by Mario Draghi of 9 September 2024 on the future of European competitiveness and Chapter Four thereof on increasing security and reducing dependencies,

     having regard to the report by Sauli Niinistö of 30 October 2024 entitled ‘Safer Together: Strengthening Europe’s Civilian and Military Preparedness and Readiness’,

     having regard to the security and defence partnerships respectively signed on 21 May 2024 by the EU and Moldova, and on 28 May 2024 by the EU and Norway,

     having regard to the Charter of the United Nations, in particular Article 2(4) thereof on prohibiting the use of force and of Article 51 on the inherent right to individual and collective self-defence,

     having regard to the UN Convention on the Law of the Sea (UNCLOS),

     having regard to UN Security Council Resolutions 1325 (2000) of 31 October 2000, 1889 (2009) of 5 October 2009, 2122 (2013) of 18 October 2013, 2242 (2015) of 13 October 2015 and 2493 (2019) of 29 October 2019 on Women, Peace and Security, and Resolutions 2250 (2015) of 9 December 2015, 2419 (2018) of 6 June 2018 and 2535 (2020) of 14 July 2020 on Youth, Peace and Security,

     having regard to UN General Assembly Resolution 70/1 of 25 September 2015 entitled ‘Transforming our world: the 2030 Agenda for Sustainable Development’,

     having regard to the Pact for the Future and Chapter Two thereof on international peace and security, adopted on 23 September 2024 by the heads of state or government of the UN member states,

     having regard to the North Atlantic Treaty,

     having regard to the Madrid Summit Declaration adopted by the heads of state or government of NATO at the North Atlantic Council meeting in Madrid on 29 June 2022,

     having regard to the NATO 2022 Strategic Concept and the NATO 2023 Vilnius Summit Communiqué,

     having regard to the three joint declarations on EU-NATO cooperation signed on 8 July 2016, 10 July 2018 and 10 January 2023,

     having regard to the ninth progress report on the implementation of the common set of proposals endorsed by EU and NATO Councils on 6 December 2016 and 5 December 2017, submitted jointly by the Vice-President of the Commission / High Representative of the Union for Foreign Affairs and Security Policy (VP/HR) and the NATO Secretary General to the Council of the EU and the NATO Council on 13 June 2024,

     having regard to the Washington Summit Declaration issued by the heads of state or government of NATO participating in the North Atlantic Council meeting in Washington on 10 July 2024,

     having regard to its recommendation of 8 June 2022 on the EU’s Foreign, Security and Defence Policy after the Russian war of aggression against Ukraine[13],

     having regard to its recommendation of 23 November 2022 concerning the new EU strategy for enlargement[14],

     having regard to its resolution of 23 November 2022 on recognising the Russian Federation as a state sponsor of terrorism[15],

     having regard to its resolution of 1 June 2023 on foreign interference in all democratic processes in the European Union, including disinformation[16],

     having regard to its resolution of 28 February 2024 on the implementation of the common security and defence policy – annual report 2023[17],

     having regard to its resolution of 29 February 2024 on the need for unwavering EU support for Ukraine, after two years of Russia’s war of aggression against Ukraine[18],

     having regard to its resolution of 17 July 2024 on the need for the EU’s continuous support for Ukraine[19],

     having regard to its resolution of 19 September 2024 on continued financial and military support to Ukraine by EU Member States[20],

     having regard to its resolution of 17 January 2024 on the security and defence implications of China’s influence on critical infrastructure in the European Union[21],

     having regard to its position of 22 October 2024 on the proposal for a regulation of the European Parliament and of the Council establishing the Ukraine Loan Cooperation Mechanism and providing exceptional macro-financial assistance to Ukraine[22],

     having regard to its resolution of 24 October 2024 on the misinterpretation of UN resolution 2758 by the People’s Republic of China and its continuous military provocations around Taiwan[23],

     having regard to Ukraine’s victory plan presented by the President of Ukraine, Volodymyr Zelenskyy, to the European Council on 17 October 2024,

     having regard to Rule 55 of its Rules of Procedure,

     having regard to the report of the Committee on Foreign Affairs (A10-0011/2025),

    A. whereas this past year has been marked by a decline in global peace and security, resulting, inter alia, from conflict, geopolitical rivalry, growing militarisation, terrorism and hybrid threats, as assessed by the Normandy Index 2024[24];

    B. whereas Russia’s ongoing war of aggression against Ukraine, continued armament efforts and armaments cooperation with other authoritarian powers far surpassing European stocks and production capacities, and the Russian regime’s choice to undermine the rules-based international order and the security architecture of Europe and to wage war on European countries or seek to destabilise them in order to realise its imperialist vision of the world, poses the most serious and unprecedented threat to world peace, as well as to the security and territory of the EU and its Member States; whereas Russia currently produces three million artillery shells per year, while the EU’s declared ambition within its first European Defence Industrial Strategy (EDIS) aims for a production capacity of 2 million shells per year by the end of 2025; whereas the Russian regime is strengthening its ties with the autocratic leadership of China, Iran and North Korea to achieve its objectives;

    C. whereas the EU is also facing the most diverse and complex range of non-military threats since its creation, exacerbated by Russia’s war of aggression against Ukraine, including, inter alia, foreign information manipulation and interference (FIMI), cyberattacks, economic pressure, food and energy blackmail, instrumentalisation of migration and subversive political influence;

    D. whereas Russia illegally invaded and annexed Crimea and the Donetsk, Kherson, Luhansk and Zaporizhzhia regions of Ukraine; whereas Ukraine needs to be provided with the necessary military capabilities for as long as it takes for Ukraine to achieve a decisive military victory, end Russia’s illegal war of aggression, restore its sovereignty and territorial integrity within its internationally recognised borders and deter any future aggression; whereas Ukraine, in defending itself, is also protecting and fighting for European values and core security interests; whereas Russia is still illegally occupying the Abkhazia and South Ossetia regions of Georgia and the Transnistria region of Moldova;

    E. whereas, driven by the ambition to become a global superpower, China is eroding the rules-based international order by increasingly pursuing assertive foreign and hostile economic and competition policies and exporting dual-use goods employed by Russia on the battlefield against Ukraine, thereby threatening European interests; whereas China is also heavily arming itself militarily, using its economic power to quash criticism worldwide, and is striving to assert itself as the dominant power in the Indo-Pacific region; whereas China, by intensifying its confrontational, aggressive and intimidating actions against some of its neighbours, particularly in the Taiwan Strait and the South China Sea, poses a risk to regional and global security;

    F whereas China has, for many years, promoted an alternative narrative, challenging human rights, democratic values and open markets in multilateral and international forums; whereas China’s increasing influence in international organisations has impeded positive progress and further excluded Taiwan from rightful and meaningful participation in these organisations;

    G. whereas the EU’s security environment has deteriorated not only in Eastern Europe, but also in its southern neighbourhood and beyond;

    H. whereas the despicable terrorist attacks by Hamas against Israel, the ongoing war in Gaza and the military operations against the Hezbollah on Lebanese territory have significantly increased the danger of a regional military confrontation in the Middle East, and the risk of escalation in the region is at its highest in decades; whereas the ongoing attacks in the Red Sea launched from the Houthi-controlled areas of Yemen, with the support of Iran, and the hijackings of commercial vessels by Somali pirates, from the Red Sea to the northwestern Indian Ocean, pose a significant threat to freedom of navigation, maritime security and international trade; whereas additional attacks by various Iran-backed militias in Iraq and Syria are further increasing the risk of regional escalation; whereas the EU has launched its own military operation, EUNAVFOR ASPIDES, to improve the security situation in the area;

    I. whereas the eastern neighbourhood and Western Balkan countries face increasingly diverse threats to their security and are being negatively affected by Russia’s war of aggression against Ukraine, as well as the increased assertiveness of regional and global actors, such as China; whereas Kosovo and the EU-facilitated Belgrade-Pristina Dialogue face, in particular, threats of destabilisation;

    J. whereas the disastrous impact of past or ongoing wars, instability, insecurity, poverty and climate change in the Sahel region, northeast Africa and Libya, poses serious risks to EU security and its economic and trade interests; whereas the instability and insecurity in the southern neighbourhood and the Sahel region are closely interlinked with and remain an ongoing challenge for EU external border management; whereas the EU Border Assistance Mission in Libya and EUNAVFOR  MED Operation IRINI are contributing to sustainable peace, security and stability by implementing the arms embargo, fighting illicit weapons and human trafficking, and training the Libyan coastguard;

    K. whereas a part of Cyprus, an EU Member State, still remains under illegal occupation by Türkiye;

    L. whereas the Arctic region is becoming increasingly important for geopolitics, economic development and transport, while, at the same time, it is facing challenges linked to climate change, militarisation and migration;

    M. whereas past underinvestment in defence by EU Member States has led to an investment gap; whereas the Member States have agreed on more, better and smarter defence spending; whereas in 2024, 16 EU Member States that are also NATO allies, compared to 9 in 2023, were expected to exceed the NATO guidelines to spend at least 2 % of their Gross Domestic Product (GDP) on defence; whereas an increasing number of experts consider defence investments of 3 % of GDP to be a necessary objective in the light of the direct threat that Russia poses to the EU and its Member States;

    N. whereas in 2023, Parliament and the Council concluded agreements on the European defence industry reinforcement through a common procurement act (EDIRPA) and the Act in Support of Ammunition Production (ASAP), which, as short-term and emergency measures, aim to encourage the joint procurement of defence products, ramp up the European defence industry’s production capacity, replenish depleted stocks and reduce fragmentation in the defence-procurement sector;

    O. whereas in 2024, the Commission issued proposals for establishing a European Defence Industrial Strategy (EDIS) and a European Defence Industry Programme (EDIP), addressing, in particular, the upgrade of EU security and defence capabilities;

    P. whereas building defence capabilities and adapting them to military needs requires a common strategic culture, shared threat perception and solutions to be developed and combined in doctrine and concepts;

    Q. whereas the exception to the EU budget funding principle set out in Article 41(2) TEU applies to expenditure arising from operations having military or defence implications only; whereas in all other cases, the VP/HR, together with the Commission, where necessary, should propose that CFSP- or CSDP-related expenditure be financed through the EU budget; whereas Articles 14(1) and 16(1) TEU establish a balance between Parliament and the Council as regards their budgetary functions; whereas the current practice does not reflect this balance;

    R. whereas the Draghi report highlights a combination of structural weaknesses affecting the competitiveness of the EU’s Defence Technological and Industrial Base (EDTIB), and identifies fragmentation, insufficient public defence spending and limited access to financing; whereas the European Investment Bank’s (EIB) lending policy excludes the financing of ammunition and weapons, as well as equipment or infrastructure exclusively dedicated to military and police use;

    S. whereas the report by Mr Niinistö underlines the fact that the EU and its Member States are not yet fully prepared for the most severe cross-sectoral or multidimensional crisis scenarios, especially given the further deteriorating external environment; whereas the report states that many threats are already taking place continuously; whereas it insists that preparedness is needed to signal to potential adversaries that they will not be able to outlast the EU; whereas it deplores the fact that the Union lacks a common plan in the event of armed aggression and underlines that the EU needs to rethink the way it defines its security; whereas it underlines the importance of the EU being ready to act in support of a Member State in the event of external armed aggression and of further unlocking the EU’s potential for enhanced civil-military cooperation and dual-use infrastructure and technologies, through optimising the use of scarce resources and strengthening coordination mechanisms for the most severe crisis situations;

    T. whereas the integration of artificial intelligence into the security and defence domain, including weapon technologies, impacts military operations by enabling autonomous systems, predictive analytics and enhanced decision-making capabilities to play a significant role in battlefields; whereas this development presents both unprecedented opportunities and profound risks;

    U. whereas CSDP has 13 civilian missions, 8 military operations and 1 civilian-military mission under way, with around 5 000 personnel deployed on three continents; whereas reviews by the European External Action Service (EEAS) state that these missions and operations persistently suffer from Member States not delivering on their pledges to provide sufficient military or civilian personnel; whereas they also lack rapid decision-making and suffer from a lack of flexibility and adaptation to the specific local needs on the ground; whereas such obstacles limit the overall effectiveness of CSDP missions and operations; whereas one of the objectives of the Strategic Compass is to reinforce EU civilian and military CSDP missions and operations by providing them with more robust and flexible mandates, promoting rapid and more flexible decision-making processes and ensuring greater financial solidarity; whereas EU missions and operations are often targeted by hybrid threats, including disinformation, jeopardising their effectiveness in stabilising the countries in which they are deployed and, instead, reinforcing pre-existing instability, often benefiting malicious non-state actors;

    V. whereas CSDP missions and operations greatly strengthen the resilience and stability of the European neighbourhood, including in the Mediterranean, the Western Balkans, the Eastern Partnership countries, the Sahel region and the Horn of Africa, by providing services such as military, police, coastguard, border management training and capacity building;

    W. whereas the EU assistance to the Libyan coastguard is provided through the EU Border Assistance Mission in Libya (EUBAM Libya) and EUNAVFOR MED Operation IRINI; whereas the main goal of EUNAVFOR MED IRINI is to support the implementation of the UN Security Council’s arms embargo on Libya; whereas the Council of the EU extended the mandate of EUNAVFOR MED IRINI until 31 March 2025, including the task of training the Libyan coastguard and navy;

    X. whereas the EUFOR Althea operation sets a path towards peace, stabilisation and the European integration of Bosnia and Herzegovina, and still plays a pivotal role in ensuring the security and stability of Bosnia and Herzegovina and the region;

    Y. whereas on 17 May 2024, the EU ended the mandate of the EU Training Mission in Mali (EUTM); whereas on 30 June 2024, it ended the mandate of the European Union military partnership mission in Niger (EUMPM) and on 30 September 2024, it ended the ground mission of personnel from the EU Capacity Building Mission in Niger (EUCAP Sahel Niger);

    Z. whereas the EU will allocate EUR 1.5 billion for the 2021-2027 period to support conflict prevention, peace and security initiatives at national and regional level in sub-Saharan Africa; whereas additional support is also provided in Africa under the European Peace Facility (EPF), which enables the EU to provide all kinds of equipment and infrastructure to the armed forces of EU partners;

    AA. whereas the EU and its Member States are facing increasing hybrid attacks on their soil, including FIMI, political infiltration and sabotage, aimed at undermining sound political debate and the trust of EU citizens in democratic institutions, as well as creating divisions in European societies and between nations; whereas in the years to come, hybrid threats will involve increased use of the systematic combination of information warfare, agile force manoeuvre, mass cyberwarfare and emerging and disruptive technologies, from seabed to space, with the deployment of advanced space-based surveillance and strike systems, all of which will be enabled by advanced AI, quantum computing, increasingly ‘intelligent’ drone swarm technologies, offensive cyber capabilities, hypersonic missile systems and nanotech- and bio-warfare; whereas Russia and China have demonstrated increased use of hybrid tools to undermine the security and stability of the EU;

    AB. whereas the Russian Federation makes use of private military companies (PMCs), such as Africa Corps and the Wagner Group, as part of a hybrid warfare toolbox to maintain plausible deniability while exerting influence in various regions and gaining access to natural resources and critical infrastructure; whereas Africa Corps and the Wagner Group have reportedly committed atrocities in Ukraine, Mali, Libya, Syria and the Central African Republic; whereas the Russian Federation has reinforced anti-European sentiments, especially in countries with a strong European presence or hosting CSDP missions;

    AC. whereas on 7 March 2024, Sweden joined NATO as a new member, following Finland which joined in 2023; whereas security and defence cooperation with partners and allies is crucial to the EU’s ambition of becoming an international security provider and constitutes an integral pillar of the CSDP; whereas cooperation with the UN, NATO, the African Union, the Organization for Security and Co-operation in Europe and the Association of Southeast Asian Nations (ASEAN), as well as numerous allies and like-minded partners such as the United States, the United Kingdom, Canada, Norway, Ukraine, Moldova, the Western Balkan countries, Japan, South Korea, Australia, New Zealand and certain Latin American countries, among others, is crucial to the successful implementation of the CSDP;

    The consequences of a changing geopolitical paradigm for European security

    1. Stresses the seriousness of the threats to the security of the European continent, which have reached a level unprecedented since the Second World War; expresses deep concern at the rise of geopolitical fractures, new and renewed imperialist ambitions for domination by authoritarian powers, systemic rivalry of great powers, nationalist unilateralism, the spread of terrorism, including jihadist terrorism, and the primary and growing use of force and violence by certain malicious actors to promote their political and economic objectives and interests or to resolve disputes;

    2. Believes that the geopolitical theatres in Ukraine, the Middle East and the South China Sea and the Indo-Pacific are increasingly interconnected as Russia and China, in particular, are deepening their ties, and pose significant challenges to global peace and security and the rules-based international order that must be addressed by the international community; highlights the increase in attacks and hybrid threats aimed at undermining democratic values and structures, among other things, during elections, as well as the cohesion of and citizens’ adhesion to European values-based societies and the rule of law; believes that this trend amounts to a paradigm shift, as it reverses the logic of building international security on the basis of respect for international law, a rules-based international order and multilateralism;

    3. Recognises the evolving nature of global security threats and emphasises the crucial role that diplomacy, development cooperation and arms control and disarmament play alongside military efforts in ensuring long-lasting international peace and security; notes, however, the limited impact of diplomatic efforts aimed at building peace and security in recent times; underscores that sustainable global peace and stability cannot be achieved through military measures alone, but require comprehensive strategies that address the key drivers of instability, such as poverty, inequality, governance failures and climate change; stresses that the EU’s Global Gateway initiative and other development programmes should be aligned with security objectives, fostering resilient societies by promoting inclusive economic growth, good governance and human rights;

    The EU’s response: a new era of European security and defence

    4. Emphasises the absolute need for the EU to recognise and meet the challenges posed by the multiple and constantly evolving threats to its security, and, for this purpose, to engage in improved and new policies and actions that enable the EU and its Member States to collectively and coherently strengthen their defence in Europe, in order to ensure the security of all EU Member States and their citizens, as well as enhancing their ability to act at the global level;

    5. Recalls the importance of the EU achieving greater strategic autonomy and defence readiness, as outlined in the Strategic Compass, to ensure that its objectives are aligned with the collective and sovereign interests of its Member States and the broader vision of European security and defence; acknowledges, in this regard, that some Member States have long-standing policies of military neutrality, and respects the right of every Member State to determine its own security policy;

    6. Emphasises the importance of continuing to operationalise Article 42(7) TEU on mutual assistance, ensuring solidarity among Member States, especially those whose geographical position leaves them directly exposed to imminent threats and challenges, and regardless of whether they are NATO members; calls for concrete steps towards developing a true EU solidarity policy, including by clarifying the practical arrangements in the event of a Member State activating Article 42(7) TEU and the coherence between Article 42(7) TEU and Article 5 of the North Atlantic Treaty;

    7. Notes the overall limited progress and underinvestment in the development of a common European defence capability, industrial capacity and defence readiness since the CSDP’s establishment 25 years ago; notes, with regret, that despite the ambition of framing a common Union defence policy, as laid out in Article 42(2) TEU, concrete steps are still missing;

    8. Insists on the need for a truly common approach, policies and joint efforts in the area of defence as well as a paradigm shift in the EU’s CSDP that enable the EU to act decisively and effectively in its neighbourhood and on the global stage, safeguard its values, interests and citizens and promote its strategic objectives; underlines the importance of presenting the EU as a strong and united international actor, capable of acting more strategically and autonomously, defending itself against potential enemy attacks and supporting its partners, and delivering peace, sustainable development and democracy; stresses the utmost importance of the EU and its Member States continuing to work on creating a common strategic culture in the area of security and defence; underlines the need for the Member States to collectively reflect on the future of their deterrence policies and doctrines, as well as their adaptation to the changing security environment in Europe; stresses, further, that in order to develop coherent foreign and defence policies, the EU must strengthen its democratic and independent structures, decision-making processes and operational autonomy;

    9. Welcomes the objective of the Commission President to usher in a new era for European defence and security, by building a true European defence union; welcomes the appointment of Andrius Kubilius, the first-ever Commissioner for Defence and Space, tasked with working jointly with the VP/HR on a white paper on the future of European defence within the first hundred days of their mandate; stresses the need for the EU and its Member States, acting to define the European defence union, to take priority measures and prepare future actions in order to ensure the defence readiness of the EU, notably with regard to the threat posed by Russia, and to bolster deterrence and enhance operational capabilities as a tool of defence in wartime, while meeting civilian and humanitarian needs, and thus leveraging the concept of ‘dual-use’;

    10. Calls for the EU and its Member States to accelerate their commitments made in the Versailles Declaration and to assume greater responsibility for their defence and security, including by achieving greater strategic autonomy and bolstering defence and deterrence capabilities, in particular on its eastern borders; stresses that NATO and the transatlantic partnership with the United States remain the cornerstones of European collective defence and that the EU and NATO play complementary, coherent and mutually reinforcing roles in supporting international peace and security; stresses the need for EU Member States and the EU as a whole to step up their efforts through increased and targeted joint investments, joint procurement of defence products that are, for the most part, designed and manufactured in the EU, and the development of more joint capabilities, via, inter alia, pooling and sharing, thereby strengthening their armed forces whether for national, NATO or EU operational purposes;

    11. Concurs with the ambition of strengthening the European pillar within NATO and stresses that the development of a European defence union should go hand-in-hand with the deepening of EU-NATO cooperation, making full use of the unique capacities of each organisation;

    12. Stresses the need for close coordination on deterrence and collaboration between the EU and NATO with regard to developing coherent, complementary and interoperable defence capabilities and reinforcing industrial production capacities; stresses that a European pillar within NATO notably consists of jointly acquiring strategic enablers or strategic weapons systems, which are often too expensive for a single member state, such as air-to-air refuelling capability, command and control capability, hypersonic weapons, layered air defence, electronic warfare capabilities and air and missile defence systems; believes that the European added value lies in jointly developing or buying these enablers and systems that individual EU Member States severely lack; points out that EU capability development strengthens the European pillar within NATO and contributes accordingly to transatlantic security; calls for the establishment of a regular conference between the EU and NATO in order to ensure close coordination and complementarity between both organisations and their member states in their efforts to strengthen capability development and armaments, while avoiding unnecessary and dysfunctional duplication; calls on the Commission and the Council to ensure that EU efforts in defence capability development are coherent with the objectives of the NATO Defence Planning Process; calls, further, for all EPF support for the provision of equipment to be carried out in coordination with NATO to increase efficiency and avoid unnecessary duplication;

    Enhancing European security: supporting Ukraine by providing military capabilities in order to end Russia’s war of aggression

    13. Reaffirms its unwavering support for the EU and its Member States to stand in solidarity with Ukraine in the face of Russia’s war of aggression and to provide Ukraine with the necessary military means and in the time it needs to defend itself, repel the Russian Armed Forces and their proxies, end the conflict, protect its sovereignty and restore its territorial integrity within its internationally recognised borders; welcomes the joint security commitments between the EU and Ukraine, and the bilateral security agreements concluded by Ukraine with several Member States; underlines that such commitments and agreements are part of a wider internationally coordinated package of security guarantees for Ukraine, including the G7’s launch of a multilateral framework for the negotiation of bilateral security commitments and arrangements for Ukraine; believes that without decisive EU military support, Ukraine will not be able to achieve victory against Russia; strongly reiterates its call for EU Member States to urgently meet their commitments and deliver weapons, fighter aircrafts, drones, air defence, weapon systems and ammunition to Ukraine, including air-launched cruise missiles and surface-to-surface systems, and to significantly increase the relevant quantities; notes the successful delivery of 1 million rounds of artillery ammunition to Ukraine as agreed in March 2023 by the Council, despite the regrettable nine-month delay; acknowledges the notable advancements in the EU’s artillery ammunition production capacity, which contribute to the EU’s preparedness and ability to support Ukraine; stresses the importance of enhancing Ukraine’s anti-drone capabilities as a critical element in countering aerial threats and maintaining operational security; calls for the provision of specialised equipment and expertise to enable Ukrainian forces to swiftly identify, track and respond to hostile drone activities, ensuring robust protection for both military and civilian infrastructure; calls for the Member States to lift all restrictions hindering Ukraine from using Western weapons systems against legitimate military targets within Russia, in accordance with international law; calls on the Council to commit to transferring all confiscated military equipment or ammunition from EU operations and missions within and outside the EU to Ukraine; reiterates its position that all EU Member States and NATO allies should collectively and individually commit to supporting Ukraine militarily with no less than 0.25 % of their GDP annually;

    14. Calls for the EU and its Member States to support Ukraine in expanding the international coalition in support of its victory plan and peace formula, presented by the President of Ukraine, Volodymyr Zelenskyy, as the only viable route to restoring Ukraine’s sovereignty and territorial integrity on the basis of international law, and thereby holding Russia, its leadership and its accomplices, in particular the Belarusian regime, to account for waging a war of aggression against Ukraine and  committing war crimes and the crime of aggression, and ensuring Russian reparations and other payments for the extensive damage caused in Ukraine; emphasises that all initiatives aimed at ending the conflict must have the support of Ukraine and, ultimately, its people;

    15. Calls on the VP/HR to mobilise more diplomatic support for Ukraine and the sanctions imposed on Russia, using the full spectrum of the diplomatic toolbox, and encouraging EU Member States to consider imposing secondary sanctions; deplores the fact that some components of Western origin have been found in weapons and weapon systems used by Russia against Ukraine, and calls for the EU and its Member States to implement sanctions more rigorously;

    16. Strongly condemns the role that North Korea plays in aiding Russia’s war of aggression against Ukraine through the training of North Korean troops and their deployment to Russia to directly participate in the war or support the Russian Armed Forces; also condemns, in the strongest possible terms, North Korea’s supply of military equipment and weaponry actively deployed on the battlefield, and its involvement in sanctions evasion; considers North Korea’s actions a blatant violation of international norms and warns of the dangerous and significant risk of escalation that they pose to Europe and the broader international community; underlines, with serious concern, the risk that North Korea is using the battlefield in Ukraine as a platform to study advanced combat tactics, including drone warfare, with the intention of applying these techniques in potential future conflicts; expresses its outrage at the fact that several other rogue states are actively supporting Russia’s war of aggression against Ukraine, including Iran, among others; condemns, in this regard, Iran’s transfer of Shahed drones, ammunition and ballistic missiles to Russia, heightening the risk of potential military intervention by the Islamic Revolutionary Guard Corps (IRGC) in Russia’s war of aggression against Ukraine; firmly believes that the EU and the international community must firmly respond to this with a combination of diplomatic, military and economic measures, and, most importantly, by providing increased support to Ukraine to strengthen its defence against this alliance of rogue states that Russia has built up; underlines the importance of closely liaising with the 2025-2029 US Administration in this regard;

    17. Stresses the importance of the EPF, which has been instrumental in supporting the provision of military capabilities and training to the Ukrainian Armed Forces, while facilitating coordination for all stakeholders through the clearing house mechanism within the EU Military Staff; welcomes the establishment of the dedicated Ukraine Assistance Fund under the EPF and calls for an increase in financial resources for military assistance to Ukraine through this instrument, while also providing a medium-term financial perspective; urges the Hungarian Government to immediately cease its efforts to hinder the EU’s actions in support of Ukraine and to lift its veto on the extension of the EU’s sanctions renewal period and the EPF military support to Ukraine, including the agreed reimbursement to EU Member States for the military aid they have delivered; expresses its deep concern that the veto by the Hungarian Government has blocked the opening of a new tranche of expenditure to support the Ukrainian Armed Forces and has prevented the release of EUR 6.6 billion in partial reimbursement to the EU Member States providing military support to Ukraine; urges the Council and the VP/HR to find innovative solutions capable of lifting these blockages and offsetting these funding cuts; encourages the Member States to develop scenario-based and predictable inventories of military capabilities that can be provided under the EPF to ensure that the short-term provision of capabilities is rapidly sourced from Member States and delivered without delay, and that the long-term provision of capabilities that assist Ukraine in restoring deterrence is provided in a foreseeable time frame, in coordination with non-EU countries, when necessary; appreciates that all military assistance and weapon deliveries under the EPF have been in full compliance with the EU Common Position on arms exports, international human rights law and humanitarian law, while ensuring adequate transparency and accountability;

    18. Highlights the outcome of the NATO Washington Summit, which reaffirmed that Ukraine’s future is in NATO and that the alliance supports Ukraine’s right to choose its own security arrangements and decide its own future, free from outside interference; concurs that both the EU and NATO have demonstrated political unity in solidarity with and commitment to supporting Ukraine; reiterates its belief that Ukraine is on an irreversible path to NATO membership; welcomes the allies’ pledge of long-term security assistance for the provision of military equipment, assistance and training for Ukraine; recognises the crucial role of NATO, EU-NATO cooperation and NATO allies such as the US and the UK, in coordinating efforts to support Ukraine militarily not only through the supply of weapons, ammunition and equipment, but also intelligence and data;

    19. Welcomes the Council’s decision of 21 May 2024, ensuring that the net profits stemming from extraordinary revenues generated by immobilised Russian Central Bank (RCB) assets in the EU, as a result of the implementation of the EU restrictive measures, are used for further military support to Ukraine, as well as its defence industry capacities and reconstruction; also welcomes the agreement reached with the Council, which led to the Council’s decision of 23 October 2024 to adopt a financial assistance package, including an exceptional macro-financial assistance loan of up to EUR 35 billion and the establishment of a Ukraine Loan Cooperation Mechanism that will use contributions raised from the profits of immobilised RCB assets and support Ukraine in repaying loans of up to EUR 45 billion from the EU and its G7 partners; recalls, however, that the mobilisation of this financial assistance will be at the expense of the sum earmarked for EU military support via the Ukraine Facility, which will now only benefit from a maximum of 15 % of the profits from the immobilised RCB assets;

    20. Welcomes the achievements of the EU Military Assistance Mission in support of Ukraine (EUMAM), which, to date, has trained more than 70 000 Ukrainian soldiers on EU territory, thereby making the EU the biggest provider of military training to Ukraine and significantly contributing to enhancing the military capability of the Ukrainian Armed Forces; takes note of the new goal of training 75 000 Ukrainian soldiers by the end of winter 2024/2025; welcomes the Council’s decision of 8 November 2024 to extend the mandate of the mission for two years; calls for EUMAM’s financial, logistical and human resources to be expanded and adapted to the evolving military training needs of the Ukrainian Armed Forces, including in the air and maritime defence domains, as well as to the requested long-term reform efforts in line with the joint security commitments between the EU and Ukraine; welcomes the Member States’ strong participation in EUMAM, which can be described as a template for future military training missions, advancing deterrence by significantly enhancing interoperability between Member States and partners, and calls on the Member States to demonstrate similar ambition and contributions to other current and future CSDP missions and operations; emphasises that EUMAM should also act as a platform for the exchange of best practices to ensure that European forces also benefit from the lessons learnt on the battlefield by the Ukrainian Armed Forces; welcomes the launch of the NATO Security Assistance and Training for Ukraine (NSATU), announced at the NATO Washington Summit, which coordinates the provision of military training and equipment for Ukraine by NATO allies and partners and provides logistical support; stresses the importance of close coordination between EUMAM and NSATU;

    21. Commends the work of the European Union Advisory Mission Ukraine (EUAM) in implementing, in difficult conditions, its newly reinforced mandate; calls for the EU to ensure that EUAM can operate with the adequate financial, logistical and expert personnel to meet Ukraine’s needs, and welcomes the participation of non-EU countries in this regard; stresses the importance of EUAM and its role as the largest EU footprint on the ground, providing strategic advice to Ukraine’s national and state security authorities; highlights EUAM’s key tasks in combating organised and cross-border crimes, restoring public services in liberated territories and supporting the investigation and prosecution of international crimes, building on EUAM’s presence and expertise;

    22. Stresses the importance of cooperation with and the gradual integration of the Ukrainian defence industry into the EU’s defence technological and industrial base (EDTIB) and, to this end, calls for Ukraine’s defence to be fully taken into account in the preparation of the Commission’s new legislative initiatives aimed at strengthening the EDTIB; stresses that concrete steps should be taken towards Ukraine’s integration into EU defence policies and programmes during Ukraine’s EU accession process, including by adapting the Ukrainian Armed Forces to EU capability requirements and involving them in cross-border defence industrial and technological cooperation projects and programmes; welcomes, in this respect, the opening of the EU Defence Innovation Office in Ukraine to identify Ukrainian needs and capacities in defence innovation, facilitate joint initiatives and promote cross-border cooperation between EU and Ukrainian defence industry stakeholders, and to be a focal point for Ukrainian partners, as well as a coordination and information hub; welcomes the ongoing initiatives of several EU Member States to deepen cooperation with Ukraine in the field of defence research and industrial production, and calls for further use of Ukraine’s innovative defence potential to develop weapons and ammunition and to accelerate their production in close cooperation with the EU and other Western partners, using available support mechanisms; calls on the military industries of EU Member States to honour their commitment to establish military production on Ukrainian territory;

    23. Emphasises the need to strengthen demining capabilities within Ukraine to address the widespread presence of unexploded ordnance and landmines, as well as to demine Ukraine’s seawaters in the Black Sea; advocates the allocation of dedicated resources to support comprehensive demining training, including advanced detection and disposal techniques; notes that enhanced demining capacity will not only facilitate safer military operations, but also support the recovery and safety of civilian areas affected by the war;

    Joining forces to increase defence capabilities

    24. Welcomes the ambition set out in the EDIS to achieve the defence readiness of the EU and its Member States and to boost the EDTIB; considers the Commission’s proposal to establish a European defence industry programme (EDIP) vital in that regard; supports the objectives of strengthening EU defence industrial preparedness, improving joint defence planning and further facilitating joint procurement by the Member States in line with the priorities set out in the capability development plan (CDP) and the areas for cooperation identified in the coordinated annual review on defence in order to launch European defence projects of common interest, in particular in strategic capability areas, such as air and missile defence, as well as to ensure security of supply and access to critical raw materials and to prevent shortages in defence production; strongly supports the idea of predominantly using EU-level cooperation in the European defence industrial sector, and supports the concrete quantified targets for cooperation presented in the EDIS, which focus in particular on joint procurement, specifically, inviting the Member States to procure at least 40 % of defence equipment in a collaborative manner by 2030, to ensure that, by 2030, the value of intra-EU defence trade represents at least 35 % of the value of the EU defence market, and to procure at least 50 % of their defence investments within the EU by 2030 and 60 % by 2035;

    25. Highlights the importance of the permanent structured cooperation (PESCO) for improving and harmonising the EU’s defence capabilities; notes again, with regret, that the Member States continue not to make full use of the PESCO framework and that tangible results within the currently 66 ongoing projects remain limited; further notes with regret the lack of information provided to Parliament about the reasons for the closure of six projects and their possible results; points out that the participating Member States agreed to 20 binding commitments in order to fulfil the EU’s ambition in defence; considers it necessary to conduct a thorough review of PESCO projects with regard to results and prospects, with a view to streamlining the current set of projects to a small set of priority projects while closing projects that lack sufficient progress; suggests establishing a priority scheme within PESCO in order to effectively address the identified capability gaps and priorities;

    26. Welcomes the Commission’s proposal for an EDIP; notes with concern the assessment of the European Court of Auditors that the financial envelope of the EDIP is insufficient given its objectives, and therefore reiterates its call to ensure the required funding for defence; stresses that substantial budgetary efforts will be necessary for the EDIP to have a significant effect on military support for Ukraine, the development of a genuine EU defence capability and a competitive EDTIB; welcomes the 2023 revision of the CDP; regrets the limited progress made on capability development since the adoption of the first CDP in 2008; calls on the Member States to significantly increase joint efforts to achieve timely substantial progress by making full and coherent use of EU instruments, including the European Defence Fund (EDF), PESCO and the coordinated annual review on defence, as well as the instruments put forward in the EDIP proposal;

    27. Welcomes the joint efforts undertaken thus far to strengthen the EU’s defence readiness through measures reinforcing and supporting the adaptation of the EDTIB, notably through the EDIRPA and ASAP regulations, and calls for their swift implementation; regrets that the financial envelope of EDIRPA remains limited and points out that the role of ASAP in relation to the ambition of supplying Ukraine with one million pieces of ammunition was restrained by the Council’s objection to its regulatory elements;

    28. Welcomes the efforts and investments made thus far by companies of the EDTIB to reinforce industrial capacity, including with the support of EU instruments; highlights that further and lasting reinforcement of the EDTIB’s capacity requires first and foremost orders by the Member States, which should be conducted jointly in order to ensure the Union’s defence readiness, improve interoperability between Member States’ armed forces and achieve economies of scale, thus making the most of EU taxpayers’ money; calls, accordingly, on the Member States to intensify joint procurement efforts in line with the capability gaps identified in the Defence Investment Gaps Analysis and the capability priorities of the CDP; underlines that effective joint procurement with regard to development projects, especially in the framework of the EDF, requires a joint definition of the military requirements of the respective systems in order to achieve adequate economies of scale; calls on the Commission, in this regard, to draw on the EU Military Committee’s expertise to produce such a joint definition in order to ensure military coherence at the industrial level; calls on the Member States to engage in joint procurement with a view to establishing pan-European value chains by distributing production throughout the Union and thereby increasing the economic attractiveness of joint procurement, while building strategic redundancies into production capacities for greater resilience in the event of an armed conflict; further calls on the Member States and the Commission to aim for a further strengthening of joint procurement mechanisms and sufficient coordination by the European Defence Agency;

    29. Underlines the need to further support the transition of development projects to marketable solutions and welcomes the provision in the EDIP proposal in that regard; deplores the unnecessary and dysfunctional duplication of efforts with regard to the projects on the future main battle tank and the hypersonic interceptor; voices its concern that such duplications counteract the ambition laid out in the EDIS to procure 60 % from the EDTIB by 2035, as scattered resources will extend the time required to achieve marketable solutions, thus most likely leading to procurement from the United States; regrets, similarly, the mounting delays in essential capability projects, notably the Franco-German project on the Main Ground Combat System and the Franco-German-Spanish project on the Future Combat Air System, which also entail the risk of the future procurement of US solutions; stresses that all possible synergies with the EDF should be used, while avoiding the duplication of efforts;

    30. Stresses the need to ensure the coherence of output between respective EU and NATO capability development planning processes; calls for the interoperability of military equipment from EU Member States and NATO Allies to be improved and for industrial cooperation to be fostered by ensuring that future EU legal standards for defence products components and ammunition are based on the NATO standards; stresses that European defence projects of common interest, as defined in the EDIP proposal, should be implemented in close coordination with NATO;

    31. Highlights the vital necessity of overcoming the fragmentation of the EU’s defence industrial landscape and of finally achieving the full implementation of the EU’s internal market for defence products, as the current structure leads to unnecessary duplications and the multiplication of inefficiencies in defence investments and their use, and structurally hampers the strengthening of defence readiness; is concerned that the internal market for defence products is still undermined by insufficiently harmonised application of its rules by the Member States and by disproportionate use of the exemption provided for in Article 346 TFEU; endorses the call for the creation of a true single market for defence products and services, as also presented in Mr Niinistö’s report; emphasises the need for a newly updated and effective regulatory framework aimed at reducing barriers for market entry for defence products, enabling EU defence industrial consolidation and permitting EU companies to fully exploit business potential, encouraging innovation and more and smoother cross-border as well as civil and military cooperation, boosting production, increasing security of supply and ensuring smarter and more efficient public investments in the EDTIB; underlines, at the same time, the importance of maintaining fruitful competition between different competitors and of avoiding oligopolies in which individual providers can freely determine the prices and availability of defence goods; calls on the Commission to present proposals to complete the EU internal market for defence, based, in particular, on an assessment of EU rules for defence procurement and transfer of defence-related products, and on the identification and analysis of limitations and loopholes in the current legal framework; further calls on the Commission to make suggestions for an interpretation of Article 346 TFEU in line with the current reality of an interdependent security architecture in the EU; calls for the implementation of Directive 2009/81/EC on defence and sensitive security procurement[25] and Directive 2009/43/EC on intra-EU transfers of defence-related products[26] (the Transfers Directive) to be improved, and where needed, in the light of the EDIS, for proposals for the revision of these directives to be submitted;

    32. Stresses the importance of ensuring a balanced effort between strengthening the existing armament industrial capabilities of the Member States in the short- and medium-term and supporting research and development (R&D) for new and innovative military equipment and armament tailored to the present and future needs of the armed forces of the Member States and to EU defence capabilities, such as those required by CSDP missions and operations and the EU Rapid Deployment Capacity (RDC); emphasises that priority should be given to keeping and enhancing the technological advantage through targeted strategic projects as a key element in deterrence with regard to our adversaries and competitors; underlines the importance of including all Member States in security and defence strategies, particularly with regard to the development of the defence industry;

    33. Stresses the need to develop an effective EU-level armaments policy that includes the establishment of a functioning and effective external trade dimension, is aimed at supporting partners that face threats by aggressive authoritarian regimes, and prevents arms deliveries to undemocratic aggressive regimes in line with the eight existing EU criteria; stresses the need to overcome the very narrow and national interpretation of Article 346 TFEU in this regard;

    34. Stresses that cooperation with international partners in the defence sector should be limited to like-minded partners and should not contravene the security and defence interests of the EU and its Member States; recalls that dependencies on high-risk suppliers of critical products with digital elements pose a strategic risk that should be addressed at EU level; calls on the Member States’ relevant authorities to reflect on how to reduce these dependencies and undertake an immediate assessment and review of existing Chinese investments in critical infrastructure, including power grids, the transport network and information and communication systems, to identify any vulnerabilities that could impact the security and defence of the Union;

    35. Welcomes the revision of the EU’s Foreign Direct Investment (FDI) Regulation; stresses the need to further strengthen FDI screening procedures by incorporating due diligence standards to identify cases where governments of states hold leverage over investors in EU critical infrastructure, such as European ports, and in undersea cables in the Baltic, Mediterranean and Arctic seas in ways that would contravene the security and defence interests of the Union and its Member States, as established within the framework of the CFSP pursuant to Title V of the TEU; underlines that this approach should also be applied to candidate countries; believes that additional legislation is needed to effectively protect the security of European ICT supply chain from high-risk vendors and protect against cyber-enabled intellectual property theft; calls for the creation of a European framework aimed at closely regulating and setting minimum standards and conditions for the export of intellectual property and technologies that are critical to the security and defence of the Union, including dual-use goods;

    Research and development for defence technology and equipment

    36. Supports a significant increase in investments in defence R&D, with a particular emphasis on collaborative initiatives, thereby strengthening the EU’s technological leadership and competitiveness in defence and ensuring a spillover effect in the civilian marketplace; notes, in this regard, that in 2022, the Member States invested approximately EUR 10.7 billion in defence R&D; underlines that technological advancement in critical domains – air, land, maritime, space and cyber – requires stable long-term investment across the Member States to keep pace with rapid global innovation;

    37. Stresses the need for EU R&D instruments and funding to be used as effectively as possible in order to address capability gaps and priorities in a timely manner as laid out in the Defence Investment Gap Analysis and the CDP; calls, therefore, on the Commission and the Member States to align EDF projects and funding with the EU’s urgent capability needs and prioritise them on this basis, and to focus on the most relevant and promising research activities; further calls on the Commission to initiate a thorough review of the EDF in view of a revised follow-up financial instrument for the next multiannual financial framework (MFF); calls on the Commission and the Member States to adopt an approach that incorporates a low energy, carbon and environmental footprint by design when implementing relevant EU funds and to regularly report on progress; recalls that the R&D actions can be directed at solutions to improve efficiency, reduce the carbon footprint and achieve sustainable best practices; welcomes the relevant investment of EUR 133 million provided for in the first annual work programme, but notes that this represents only 11 % of the overall annual EDF budget; recalls the role of NextGenerationEU in climate action and calls on the Member States to use resources from their national recovery plans to invest in the sustainability of their military infrastructure;

    Dual-use and emerging and disruptive technologies

    38. Stresses the need to develop a more proactive role for the EU in sustaining investment in dual-use technologies, which can be applied in both civilian and military contexts, as a means to enhance the EU’s resilience against hybrid and emerging threats; underlines the need to support, in particular, the testing of prototypes of new products and to focus on new technologies in close cooperation with Ukrainian defence and technological actors; underlines the importance of ensuring the financial viability of companies, including small and medium-sized enterprises (SMEs), that invest in such innovation; advocates the promotion of civilian commercialisation of these technologies as a way to expand market opportunities and strengthen the European industrial base, fostering synergies between military and civilian development;

    39. Highlights the important role that emerging disruptive technologies, such as artificial intelligence, quantum computing, cloud computing and robotics, play in defence; stresses that the development and harnessing of these technologies in defence require further EU-coordinated investment and research efforts so that the defence equipment suppliers in the EU remain at the forefront of innovation; notes that under the current EDF Regulation, with its long implementation cycles, the Commission fails to provide funding to research projects in a timely manner; calls, therefore, for a more flexible and faster approach for research projects on emerging disruptive technologies, reflecting the increasing pace of developments in that field building on the work of the European Defence Agency’s Hub for European Defence Innovation and drawing on the work of the US Defence Advanced Research Project Agency; further calls for the EU to play a leading role in promoting research into the military applications of artificial intelligence and in establishing governance frameworks for the responsible development and use of this technology;

    40. Reiterates its call on the Commission to share with Parliament a detailed analysis of the risks linked to the misuse, by our adversaries, of technologies such as semiconductors, quantum computing, blockchains, space, artificial intelligence and biotechnologies, including genomics, as well as the list of proposed EU actions in these fields, in line with the EU’s economic security strategy; is concerned about the role of Chinese military-linked companies in gathering the genetic data of EU citizens;

    Defence SMEs

    41. Reiterates that defence-related SMEs from across the Union are the backbone of the European defence industry and supply chains and are key to innovation in these areas, and emphasises the need to provide support to SMEs and start-ups, in particular, in the defence and dual-use sector; stresses that the EDIS and the EDIP must ensure a level playing field for all defence industry actors across the Union and promote cooperation between bigger and smaller companies from all Member States, ensuring that the industry will not be dominated by some large companies from a limited number of Member States; encourages the Member States to provide special opportunities for SMEs in the European defence sector to participate in the bidding process through such measures as creating a pre-approved list of companies to facilitate a faster engagement process, introducing private equity firms that invest in SMEs into the procurement process, assisting SME growth through incubation and capital investment, reducing the complexities of bidding for contracts, and implementing internal measures to reform the amount of time taken to process contract details;

    Military mobility

    42. Highlights the importance of developing, maintaining and protecting the infrastructure necessary to ensure the rapid and efficient military mobility of our armed forces across the Member States; underlines the need to ensure the resilience of critical infrastructure that allows military mobility and the provision of essential services; recognises that military logistics can contribute to deterrence by signalling the EU’s overall military preparedness;

    43. Underlines the urgent need to substantially enhance and invest in military mobility, prioritising investments and removing bottlenecks and missing links; stresses, in this regard, the importance of swiftly implementing projects and regulatory measures in accordance with the EU Action Plan on Military Mobility 2.0; supports new strategic investments in civil and military infrastructure, such as ports, airports and highways, which will also allow the smooth transfer of military units and supplies, including rapid reaction forces, heavy equipment, goods and humanitarian aid;

    44. Calls on the Commission to develop an integrated approach to military mobility and logistics that ensures that the Council’s pledge to remove all remaining barriers by 2026 is upheld, and that coincides with much higher EU investment in key aspects of military mobility; further calls for the appropriate EU funding for ongoing and necessary military mobility projects to be secured in the next MFF; calls on the Member States to take further action to simplify and harmonise procedures for military mobility and shorten the timelines for granting permissions so that the Member States can act faster and increase their efficiency of response, in line with their defence needs and responsibilities, both in the context of CSDP missions and operations and in the context of national and multinational activities; encourages the Member States to use the third-country PESCO agreement on military mobility as a template for partner country participation, with an emphasis on tailoring PESCO projects to CSDP mission needs;

    An updated Strategic Compass: promoting a common strategic vision and coherence, and improving EU decision-making on defence issues within the EU institutional framework

    Strategic Compass

    45. Stresses that geopolitical developments and threats have continued to evolve rapidly since the Strategic Compass was adopted by Member States in March 2022; calls, therefore, for a review of the comprehensive joint threat assessment enshrined in the Strategic Compass, from which priorities for EU action should derive; believes that this review exercise should serve to define common views on Europe-wide capability gaps, which should be addressed via bilateral, multinational or EU-level programmes, funds, projects and instruments, and set out the timeframe within which this should be done; calls, furthermore, for the Commission and the VP/HR to present updated measures for the Strategic Compass following this review exercise, if necessary, and for this to inform the preparation of the white paper on the future of European defence; reiterates that the Strategic Compass’s ambitious aims and milestones can only be achieved with corresponding political willingness and action on behalf of the Member States and the EU institutions; stresses the need for coherence and compatibility between the Strategic Compass and NATO’s Strategic Concept;

    46. Calls on the Commission and the EEAS to ensure that the Climate Change and Defence Roadmap is fully implemented and is improved within the context of updated measures under the Strategic Compass; calls for the timeframes for reviewing the Roadmap to be reconsidered and, in particular, for the overall objectives to be reviewed much earlier than 2030; calls on the Member States to develop national structures in support of the objectives; urges the VP/HR to propose to the Member States an action programme composed of priority actions presented in the Roadmap that can be implemented in the short term;

    Defence governance: consolidating the EU institutional framework and decision-making process in defence and security fields

    47.  Suggests that the Council review the institutional settings of its decision-making bodies competent for defence and security, and consider setting up a new permanent decision-making body made up of ministers of defence from Member States, without prejudice to the respective distribution of competences within national ministries in this regard;

    48. Stresses that effective EU-level cooperation in the field of security and defence and swift, coordinated responses to security challenges require coherence between the different structures of the Council and the Commission; stresses, furthermore, the need to prevent overlaps, guarantee efficient public investments, address critical capabilities gaps and develop coherent security strategies with respect to partners, third countries and various regions of the world, both in policymaking processes and in current and future initiatives; notes the unclear division of portfolios and the potential overlap of competences among commissioners in the field of security and defence following the creation of the position of Commissioner for Defence and Space, and therefore calls on the Commission to clearly delineate the competences of the commissioners in this field; invites the Commission to carry out an internal review of its various structures, including the Directorate-General for Defence Industry and Space (DG DEFIS) and the European Defence Agency, and of their mandates in order to ensure complementarity and the efficient administration of current and future initiatives under the CSDP; calls on the Member States and the Commission to dedicate further financial and human resources to the EEAS to ensure that it can effectively perform its role as the EU’s diplomatic service in the light of the highly competitive geopolitical context and the increased demands on its limited capacities in recent years;

    49. Reaffirms that, in order to become a credible geopolitical player, the EU should reform its process for decision-making on the CFSP/CSDP and underlines, in this regard, that institutional reflections on lifting the requirement for unanimity in this process should be considered; recalls that the EU Treaty framework already allows a number of different institutional forms of cooperation in the field of foreign, security and defence policy and notes with regret that the potential for fast action in this field, as provided for in the ‘passerelle clauses’ of the TEU, has been used only in a very limited manner; calls on the Council to consider all possibilities to strengthen and deepen its process for decision-making on the CFSP/CSDP with a view to realising the untapped potential within the Treaties; reiterates its call for the Council to gradually switch to qualified majority voting for decisions on the CFSP and CSDP, at least in those areas that do not have military implications; suggests, furthermore, that the Council pursue making full use of the ‘passerelle clauses’ and the scope of articles that enhance EU solidarity and mutual assistance in the event of crises;

    50. Strongly reiterates its call to strengthen the EU Military Planning and Conduct Capability (MPCC) and achieve its full operational readiness, including through the provision of adequate premises, staff, enhanced command and control, and effective communication and information systems for all CSDP missions and operations; stresses the need to achieve timely results with regard to the MPCC, given the ambition of the Strategic Compass that the MPCC should function as the EU’s preferred command and control structure and be capable of planning and conducting all non-executive military missions and two small-scale or one medium-scale executive operation, as well as live exercises; stresses the need for the MPCC to facilitate synergies between civil and military instruments and calls for joint civil-military headquarters combining civil and military instruments to be set up at European level in the longer term, in order to make full use of the EU’s integrated approach in crisis management right from the strategic planning phase to the actual conduct of the mission or operation; takes the view that the EU’s Civilian Planning and Conduct Capability (CPCC) should consider how to protect a deployed force against multiple hybrid threats and conduct advanced operations at a far higher level of risk than in current contexts; calls on the Commission, the EEAS, the MPCC, the CPCC, the EU Military Committee and the EU Military Staff to foster a new culture of understanding between civilian and military partners, develop interagency cooperation and ensure the transfer of best practices in mission planning and the associated concepts, including by developing a model for generating and sharing best practices;

    51. Reiterates its full support for the Rapid Deployment Capacity (RDC) to achieve full operational capability in the first half of 2025 at the latest, with at least 5 000 troops available for rescue and evacuation tasks, initial entry and stabilisation operations or the temporary reinforcement of missions; notes that EU Battlegroups, which have never been deployed despite being operational since 2007, will be an integral part of the wider EU RDC framework; welcomes the planning and realisation of live exercises within the framework of the RDC and encourages the continuation of such initiatives;

    52. Considers the RDC to be a key element for achieving the EU’s level of ambition and believes that additional troops and force elements should gradually be assigned to it, with reference to the Helsinki Headline Goal of 1999; believes that it would make sense to use the White Paper process to launch a discussion about the creation of additional permanent multinational EU military units that could fulfil complementary tasks to the RDC; highlights the need to engage further with NATO on the establishment of the RDC, in line with the principle of the single set of forces;

    53. Reiterates its call on the Member States to consider the practical aspects of implementing Article 44 TEU during the operationalisation of the RDC, as well as in other relevant CSDP missions, in order to enable a group of willing and capable Member States to plan and carry out a mission or operation within the EU framework, thereby facilitating the swift activation of the RDC; calls on the Member States to commit to substantially narrowing critical gaps in strategic enablers in a timely manner, in particular those linked to the RDC, such as strategic airlift, secure communications and information systems, medical assets, cyber-defence capabilities and intelligence and reconnaissance; calls on the Commissioner for Defence and Space to consider including, in his proposed European defence projects of common interest, initiatives aimed at providing the necessary strategic enablers that would facilitate CSDP missions and operations and the RDC;

    Increasing resources dedicated to the EU common security and defence policy

    54. Welcomes the increased budgets and investment in defence by Member States and the increase, albeit modest, in the EU budget for the CSDP in 2024; strongly believes that, in the light of unprecedented security threats, all EU Member States should urgently reach a level of defence spending, as a proportion of their GDP, that is significantly higher than NATO’s current target of 2 %; acknowledges that 23 of the 32 NATO Allies, including 16 countries that are members of both the EU and NATO, were expected to meet NATO’s spending target of devoting 2 % of their GDP to defence expenditure by the end of 2024; points out that this has increased sixfold since 2014, when this target was pledged; notes that the EU’s current budget for security and defence given the current geopolitical upheaval and Russia’s war of aggression against Ukraine, is not equal to the challenges to be met in the short and long term; recommends, in the light of the estimated need for EUR 500 billion of defence investment by 2035 and on the basis of continuous analysis of capability needs and gaps, that the Member States further increase defence investments, in particular for the joint procurement of defence capabilities, and fully supports the targets set under the EDIS in this respect;

    55. Calls on the Commission and the Member States to initiate an open discussion on the basis of among other things, the recommendations presented in the reports by Mr Draghi and Mr Niinistö, including increasing the resources allocated to security and defence in the next MFF and exploring all effective funding options to this end, and pooling parts of national defence budgets at EU level in order to generate economies of scale; further calls on the Member States to amend the EPF financing process to ensure adequate and sustainable support for partners and allies, while also aligning with CSDP missions and operations; calls for a strategy to be devised with the aim of creating centres of excellence in different regions of the EU, without duplicating NATO’s work in these fields, in order to promote innovation and the participation of all Member States, ensuring that the capabilities and specialised knowledge of each Member State contribute to a more cohesive and integrated defence industrial base;

    56. Recalls that the EU’s objectives of solidarity, cohesion and convergence also apply to defence; stresses that the financial means needed to rebuild and expand our defence capabilities in the decade to come will have a significant impact on the soundness and sustainability of public finances, and therefore requires cooperation and coordination at EU level through a genuine defence economic policy; underlines that increases in defence investment should not compete with other investment priorities, including social cohesion; further recalls that financing orientations should be anchored in a whole-of-society approach to resilience and therefore need to be broadly supported by European citizens, and that this support needs be sustainable in the long term; stresses that the financial burden must therefore be shared fairly, especially by profitable companies that already benefit from public participation or state aids; emphasises, furthermore, that public spending should be complemented by increased private funding; calls on the Commission to reflect upon possible fiscal avenues that would allow a fairer distribution of the financial burden and limit competition disturbances in the EDTIB induced by state aids and market-distorting tendering processes;

    57. Calls for the next MFF to genuinely provide the means for a defence union; supports proposals to provide massive EU financial investment in European defence and to stimulate research and technological innovation and dual-use projects in the European defence industry, thereby strengthening its competitiveness and promoting advances that contribute both to security and to sustainable economic growth; underlines that defence investment from the EU budget should only complement, but not replace, financial efforts by the Member States, especially with regard to the ambition of countries that are members of both the EU and NATO to invest 2 % of their GDP in defence; invites the Member States to bring forward the re-assessment of the scope and definition of common costs, to enhance solidarity and stimulate participation in CSDP military missions and operations, and of exercise-related costs, in line with the Strategic Compass;

    58. Is concerned about the lack of much-needed private financing for the EDTIB, particularly for SMEs, which may derive from a lack of long-term government contracts or from an overly narrow interpretation of environmental, social and governance criteria;  welcomes, therefore, the clarification provided by the European Securities and Market Authority on 14 May 2024 to the effect that only companies involved in weapons banned under international law are automatically excluded from accessing funds; welcomes the proposals made in Mr Niinistö’s report to avoid fragmentation in defence spending, combine relevant funding streams and trigger more private-sector investment; calls on the Commission to assess the recommendations and come up with concrete proposals; highlights the need for the defence industry to get better access to capital markets;

    EIB lending policy for the defence sector

    59. Stresses the importance of access for the defence sector to the loans provided by the EIB as a catalyst for private investment in the European defence industry; welcomes the further extension of the EIB’s eligibility criteria to dual-use goods and calls on the EIB to take further measures in this regard; stresses that given that the EIB’s objective of promoting the development of the EU and supporting its policies, in particular defence policy and the strengthening of the EDTIB, in line with Article 309 TFEU, the EIB should further review its lending policy and continuously adapt it; calls on the EIB to conduct a review of the impact of the extension of its dual-use goods policy and to reform its eligibility list as appropriate so that ammunition and military equipment that go beyond dual-use application are no longer excluded from EIB financing; welcomes the EIB’s 2022 Strategic European Security Initiative aimed at supporting dual-use research, development and innovation, security infrastructure and technology projects focused on cybersecurity, New Space, artificial intelligence and quantum technologies; 

    Contributing more effectively to global security through EU common security and defence policy and strengthening the role of the EU as a security actor

    De-escalation, preventing wars and supporting conflict resolution

    60. Expresses its very strong concern about and condemnation of China’s support to Russia in its war of aggression against Ukraine, in particular through cooperation with Russia’s military industrial and technological base, the exportation of dual-use goods to Russia and the ongoing involvement of China-based companies in sanctions evasion and circumvention; expresses, in this regard, serious concern about recent reports claiming that China is producing long-range attack drones for use by Russia in its war of aggression against Ukraine, and demands that if China continues to support Russia’s armament efforts, this must have serious consequences for the EU’s external policy towards China; deplores the ‘no limits’ partnership between Russia and China and expresses serious concern about the renewed commitment by China and Russia to further strengthen their ties; welcomes the Council’s decision to impose sanctions on Chinese companies for their support for Russia’s war in Ukraine;

    61. Is deeply concerned about China’s increasing investments in military capabilities and the militarisation of its supply chains to bolster its industry while taking advantage of the political and economic opportunities created by Russia’s war of aggression against Ukraine; is also deeply concerned about the effect that European dependencies on China have on the credibility of the Member States’ ability to safeguard their national security and of the ability of the EU as a whole to effectively criticise and counter China’s economic coercion, possible further escalation with Taiwan and support to Russia; calls on the Commission and the Member States to seriously implement a policy of ‘de-risking’ with the aim of managing the risks coming from economic and technological engagement with China; calls, in this regard, for the risks posed by Chinese suppliers in EU critical infrastructure to be addressed, and for no EU funds or subsidies to be directed to advancing the position of these suppliers in Europe;

    62. Strongly condemns China’s unwarranted military exercises of 14 October 2024 around Taiwan; condemns, furthermore, the increasing number of hostile acts being conducted by China against Taiwan, including cyberattacks, influence campaigns, the entry of Chinese warplanes into Taiwan’s Air Defence Identification Zone and the severing of subsea cables; reaffirms its strong commitment to preserving the status quo in the Taiwan Strait and underscores that any attempt to unilaterally change it, particularly by means of force or coercion, will not be accepted and will be met with a decisive and firm reaction; lauds the restraint and disciplined reaction of the Taiwanese authorities and calls on the Chinese authorities to exercise restraint and avoid any actions that may further escalate cross-strait tensions; calls for regular exchanges between the EU and its Taiwanese counterparts on relevant security issues and for stronger cooperation on countering disinformation and foreign interference; stresses that any escalation in the Taiwan Strait would have detrimental effects on Europe’s security and economy and therefore urges the Commission to start developing contingency planning and mitigation measures on the basis of likely escalation scenarios, such as an economic blockade of Taiwan by China;

    63. Expresses deep concern at China’s increasingly aggressive actions in the South China Sea and in the Indo-Pacific region, namely its use of military and economic coercion, hybrid warfare tactics, dangerous manoeuvres conducted by its navy and coast guard against its neighbours and island-building, in order to advance unlawful maritime claims and threaten maritime shipping lanes; points to reports that a Chinese-linked ship cut a Taiwanese undersea cable in early January 2025 and calls for a thorough investigation into the matter; calls, furthermore, for Taiwan and the EU to share information about such incidents; reiterates its strong interest in and support for freedom of navigation and maritime security everywhere, and notably in the South China Sea; calls on the Chinese authorities to put an end to all aggressive and provocative actions, in particular air and maritime operations in the Taiwan Strait and the South China Sea, that endanger stability in the Indo-Pacific region and thereby undermine international peace and security, the sovereignty of countries in the region, the safety of life at sea and freedom of navigation in full compliance with UNCLOS; applauds the increase in freedom of navigation exercises conducted by several EU countries, including France, the Netherlands and Germany; notes that these activities are in line with international law and calls for more cooperation and coordination with regional partners, including through Coordinated Maritime Presences in the north-western Indian Ocean, among other areas, in order to increase freedom of navigation operations in the region;

    64. Remains concerned about the political and economic pressure being exerted by China and Russia in Central Asia and stresses the need to scale up the EU’s presence in the region in response; underlines the EU’s interest in strengthening security cooperation, economic relations and political ties with the countries of Central Asia, including in order to address the circumvention of sanctions against Russia and Belarus;

    65. Condemns Iran, in the strongest terms, for its destabilising activities in the Middle East region, including through its proxies, and for its continued support for terrorist groups, which pose a direct threat to regional, European and global security; condemns the growing military cooperation between Iran and Russia, in particular their intention to sign a treaty on a comprehensive strategic partnership; expresses, however, full support for and solidarity with Iran’s civil society and democratic forces and calls for increased international efforts to support these groups in their struggle for freedom and human rights; welcomes the EU’s decision to renew sanctions against Iran until July 2025, including by sanctioning Iran’s production of drones and missiles and its supply thereof to Russia and the wider Middle East region; points out that the sanction options that have not yet been exhausted include a much more restrictive approach to technology transfers through exports of products that are not categorised as dual-use;

    66. Unequivocally condemns the Iranian Government for aiding and abetting internationally recognised terrorist organisations and networks that have perpetrated or attempted attacks within the EU, posing a direct threat to European security, sovereignty and stability; recalls, in this respect, that the Islamic Revolutionary Guards Corps has been involved in planning and carrying out dozens of assassinations and terrorist attacks, including on EU soil, over the past 30 years and, more recently, in attacks against Jewish synagogues and individuals, as well as against Israeli embassies in several Member States; urges the EU and the Member States to enhance intelligence-sharing and counter-terrorism measures to prevent any future attacks; reiterates its long-standing call to add the Islamic Revolutionary Guard Corps to the EU list of terrorist organisations and supports the initiatives taken by some Member States in this regard;

    67. Considers Iran’s nuclear weapons programme to be one of the foremost threats to global security and stresses that if Iran succeeds in acquiring a nuclear breakout capability, it risks intensifying in belligerence and stepping up its state sponsorship of terrorism and proliferation of missiles and drones;

    68. Reiterates its condemnation, in the strongest terms, of the despicable terrorist attacks perpetrated by the terrorist organisation Hamas against Israel on 7 October 2023, which contributed to further destabilisation in the Middle East, intensified by aggressions against Israel by Iranian proxies (such as terrorist organisations including Hezbollah in Lebanon and the Houthis in Yemen) and the Iranian regime itself; reiterates that Israel has the right to defend itself, as enshrined in and constrained by international law; calls for the immediate and unconditional release of all remaining hostages held by Hamas; calls for all parties to put an immediate end to all hostilities and fully abide by international law, including international humanitarian law; welcomes the recent ceasefire in Gaza and the progress made towards the phased release of hostages; emphasising that this represents a significant step in relieving the immense suffering endured by civilians on both sides over the past months; praises the commitment of mediators, including the United States, Egypt and Qatar, whose efforts were pivotal in achieving this breakthrough; considers that it is crucial that all obligations made under the deal are upheld, ensuring the release of all hostages, establishing a lasting cessation of violence and allowing unrestrained access of humanitarian and medical assistance to the Gaza Strip; calls for all parties to fully commit to their obligations and to prioritise the protection of civilians; urges all European and international actors to actively oversee the implementation of the ceasefire and hold accountable those who fail to comply with it;

    69. Expresses its deep concern regarding the military escalation in the Middle East, which contributes to further destabilisation in the region; deplores the unacceptable number of civilian casualties, the forced displacement caused by the escalating violence and the persistent use of military force; expresses serious concern, furthermore, about the ongoing military action by the Israeli Defence Forces in the Gaza Strip and in the West Bank; condemns the Israeli Defence Forces firing on the United Nations Interim Force in Lebanon (UNIFIL), which is a grave violation of international law; reaffirms the essential stabilising role played by UNIFIL, to which 16 Member States contribute, in southern Lebanon; calls for immediate ceasefires in both Gaza and Lebanon, an end to the hostilities, the full and symmetrical implementation of UN Security Council Resolution 1701(2006) and the protection of the civilian populations; stresses the need for the EU and other international actors to assume greater responsibility and assist governments and civil society organisations in the Middle East with reaching durable and sustainable peace, in particular by continuing to support a two-state solution between Israel and Palestine, as well as by countering terrorism and radicalisation in the region; underscores that the evolution of conflicts in the region has repercussions on neighbouring regions and on Europe and poses security challenges for the EU with regard to the future of deterrence, humanitarian law and crisis management;

    70. Urges the Council and the Member States to designate Hezbollah, in its entirety, as a terrorist organisation and to push for its full disarmament in line with UN Security Council Resolution 1701(2006); highlights recent decisions taken by several states, including the United States and Canada, to list Samidoun as a terrorist organisation acting as proxy of the Popular Front for the Liberation of Palestine; stresses that Samidoun was banned in Germany in 2023 and calls on other EU Member States to take similar measures by banning the organisation within their territory;

    71. Notes that the Jordan-Syria border is being used as a crossing point for arms and drug trafficking; emphasises the need for the EU to further support Jordan, which has been weakened by the current crisis in the Middle East, and calls for the increased use of the EPF protect the Jordan-Syria border;

    72. Recognises that Türkiye is a country of strategic relevance for the EU; notes that Türkiye is increasingly present in areas where the EU has key security interests and CSDP missions and operations, and notes with regrets the role that Türkiye plays in destabilising certain areas of concern for the EU and in its neighbourhoods; points out Türkiye’s illegal activities against the EU’s interests in the eastern Mediterranean, which violate international law, including UNCLOS; reiterates its condemnation of the signature of the memoranda of understanding between Türkiye and Libya on comprehensive security and military cooperation and on the delimitation of maritime zones, which are interconnected and are clear violations of international law, the relevant UN Security Council resolutions and the sovereign rights of EU Member States; deplores the fact that Türkiye undermines the effectiveness of EU sanctions against Russia and reiterates its call on Türkiye to fully align with these; calls on Türkiye to refrain from undermining EU CSDP missions and operations; reiterates its call on Türkiye to fulfil its obligation regarding the full, non-discriminatory implementation of the Additional Protocol to the Ankara Agreement with respect to all Member States, including the Republic of Cyprus;

    73. Deplores the fact that despite de-escalation efforts, Türkiye continues to retain the threat of casus belli against Greece and to illegally occupy the northern part of the Republic of Cyprus; strongly condemns Türkiye’s illegal activities in Cyprus, including its violation of the status of the buffer zone, its increasing militarisation of the occupied areas of the Republic of Cyprus and its efforts to upgrade the secessionist entity in the occupied area of Cyprus in violation of international law, noting that these activities that are not conducive to the resumption of the UN-led negotiations; condemns Türkiye’s continuous violations of UN Security Council resolutions 550(1984) and 789(1992), which call on Türkiye to transfer the area of Varosha to its lawful inhabitants under the temporary administration of the UN by supporting the opening of the town of Varosha to the public; strongly urges Türkiye, once more, to reverse its illegal and unilateral actions in Varosha; further calls on Türkiye to withdraw its troops from Cyprus;

    74. Calls urgently for the resumption of negotiations on the reunification of Cyprus under the auspices of the UN Secretary-General and reaffirms its unconditional support for Cyprus in resolving the issue; calls on Türkiye to accept a fair, comprehensive and viable solution to this issue;

    75. Calls for the EU to play a significant role in the Mediterranean and to become a security actor with the ability to guarantee the stability of the region and respect for international law and UNCLOS; welcomes, in this regard, the appointment of a Commissioner for the Mediterranean, working under the guidance and political steering of the VP/HR; stresses the need for the VP/HR, in cooperation with the Commissioner for the Mediterranean where necessary and in consultation with Member States, to develop a coherent security strategy with regard to the Mediterranean region and its neighbouring countries, including in North Africa, the Levant and the Sahel; calls for enhanced cooperation with partner countries in the Mediterranean to combat extremism, terrorism, the illicit trade in weapons and human trafficking;

    76. Notes with concern the violations of migrants’ fundamental rights in Libya, as highlighted in UN Security Council Resolution 2755(2024); stresses the need to examine the role of CSDP missions and operations – EUBAM Libya and EUNAVFOR IRINI – in effectively fighting against the smuggling and trafficking of human beings, and their activities in relation to the need to protect  migrants’ fundamental rights;

    77. Notes that the rapid collapse of Bashar al-Assad’s criminal regime in Syria, which has been supported by the Kremlin since 2015, constitutes a significant political defeat for Vladimir Putin and threatens Russia’s strategic and military presence in Syria; recalls that since 2015, the Khmeimim and Tartus military bases have served as key points for Russian power projection in the Middle East and Africa; notes further that the Khmeimim and Tartus military bases were vital for the supply and transport of heavy weaponry and equipment to Russia’s private military companies, such as the Wagner Group and its operations in Libya, Mali, the Central African Republic, and Sudan; stresses that losing military bases in Syria could weaken Russia’s operational capacity and influence in Africa; calls, therefore, for the EU and its Member States to closely monitor the situation in Syria, make ties with the new Syrian regime conditional on Russia’s full withdrawal from the country and prevent Russia from establishing new military bases elsewhere in the region; recognises, in this regard, the EU’s significant leverage with regard to Syria in terms of political recognition, the easing of sanctions, trade agreements, and financial support for reconstruction, positioning the EU as an alternative to Türkiye in shaping Syria’s future;

    78. Expresses its growing concern about and condemns the continuing attempts by Russia to destabilise the countries in the EU’s eastern neighbourhood through the use of FIMI, political assassinations, threats and territorial occupations in a bid to negatively impact their European aspirations and stability; underlines the need to reinforce the EU’s capacities to defend and develop democratic and value-based societies in the countries in the EU’s eastern neighbourhood;

    79. Reaffirms the EU’s commitment to support the sovereignty and territorial integrity of the Republic of Moldova within its internationally recognised borders and the efforts to reach a peaceful, lasting, comprehensive political settlement of the Transnistrian conflict; strongly condemns the constant and coordinated attempts by Russia, pro-Russian oligarchs and Russian-sponsored local proxies to destabilise the Republic of Moldova, sow divisions within Moldovan society and derail the country’s European course through hybrid attacks, the weaponisation of energy supplies, disinformation, bomb threats and staged protests, as well as the threat or use of violence; notes with concern that the Security and Intelligence Service of the Republic of Moldova has reported an unprecedented level of intensity in Russia’s actions aimed at anchoring Moldova within its sphere of influence; underlines that this hybrid threat is targeted at democratic processes and undermines European integration, including by amplifying radical separatist tendencies in the south of the country, particularly in Gagauzia, using propaganda, manipulating the information space, interfering in the electoral process and conducting subversive operations;

    80. Reiterates its calls on Russia to withdraw its military forces and equipment from the territory of the Republic of Moldova, to ensure the full destruction of all ammunition and equipment in the Cobasna depot under international oversight and to support a peaceful resolution to the Transnistrian conflict, in line with the principles of international law; calls for enhanced EU support for Moldova in combating FIMI, hybrid threats and cyberattacks; urges the Member States to increase funding for the EPF to strengthen the defence capabilities of Moldova;

    81. Recognises that Georgia was the first target, in 2008, of Russia’s full-scale military aggression and its attempts to forcefully redraw the borders of a sovereign state in Europe; stresses that since 2008, Russia has persisted in its illegal occupation of and effective control over the occupied regions of Georgia; underlines that Russia’s military presence and significant military build-up in the occupied regions, its unlawful activities, its continued borderisation activities along the administrative boundary lines and its human rights abuses in Georgia pose a serious risk to the country’s security and to the broader security framework of Europe; reiterates its calls on Russia to withdraw its military forces and equipment from the territory of Georgia;

    82. Strongly condemns Russia’s shooting down of Azerbaijan Airlines Flight 8243 on 25 December 2024, killing 38 of the 67 passengers on board; underlines that this highlights once more the brutal and belligerent nature of the Russian regime;

    83. Urges the EU to continue its active engagement and take decisive steps, through its important instruments, to ensure that Russia fulfils its obligations under the EU-mediated ceasefire agreement of 12 August 2008, in particular its obligations to withdraw all its military forces from the occupied regions of Georgia, to allow the deployment of international security mechanisms inside both Georgian regions and the EU Monitoring Mission’s unhindered access to the whole territory of Georgia, and to engage constructively in the Geneva International Discussions and the Incident Prevention and Response Mechanisms; calls on the EEAS to prepare a comprehensive report on violations of the 12 August 2008 ceasefire agreement, to identify and communicate clearly the provisions that have still not been fulfilled by Russia and to submit recommendations;

    84. Condemns Azerbaijan for its continued efforts to undermine the possibility of regional peace and its continued threats against Armenia; calls for the EU and its Member States to suspend any security, technical or financial assistance provided to Azerbaijan, including through various EU instruments, that might contribute to the increase of Azerbaijan’s offensive capabilities or endanger the security, territorial integrity and sovereignty of Armenia;

    85. Recalls that a year has passed since Azerbaijan’s seizure of Nagorno-Karabakh, which resulted in the forced displacement of more than 140 000 Armenians from the region; condemns the military support and the supply of arms provided by non-EU countries to Azerbaijan; points out that Azerbaijan has been guilty of serious breaches of human rights in Nagorno-Karabakh; condemns the destruction of the Armenian cultural heritage in the region by Azerbaijan; calls on the Council to consider imposing targeted and individual sanctions against those responsible for ceasefire violations and human rights abuses in Nagorno-Karabakh;

    86. Welcomes the decision to adopt the first assistance measure under the EPF in support of Armenian armed forces, as this would strengthen the resilience of Armenia in the context of ensuring security, independence and sovereignty; calls for the further reinforcement of the cooperation between Armenia and the EU in the field of security and defence, in particular in the area of mine clearance, including through the use of the EPF, taking into account Armenia’s reconsideration of its membership of the Collective Security Treaty Organisation; welcomes the actions undertaken by several Member States to provide defensive military support to Armenia and urges the other Member States to consider similar initiatives;

    87. Emphasises that the EU should urgently review its regional strategy for the Sahel, following the various coups in the region; strongly deplores the forced departure of French troops and UN peacekeeping forces from the region and condemns the presence instead of private military companies (PMCs) and state-sponsored proxies such as the Africa Corps (formerly Wagner Group); underscores that that these PMCs have played a destabilising role in the Sahel and have supported various repressive regimes in an attempt to further Russia’s influence in Africa; points out the supply of weapons by Russia to the Sahel’s military regimes; further notes that other actors, such as Türkiye, are increasingly present in the region; urges the EU Special Representative for the Sahel and the Member States to maintain diplomatic engagement and continue supporting civil society and spending on development and humanitarian aid;

    88. Expresses its concern about the lack of coherence in the EU response to the Great Lakes region’s crises and calls on the Council to reassess its renewed EU Great Lakes Strategy adopted on 20 February 2023; recognises the importance of a genuine commitment by the EU to peace in the region; notes with concern the role that Rwanda has played in eastern Democratic Republic of the Congo (DRC) and calls on the EU to impose conditions on any military support to Rwanda; condemns the breaches of the sovereignty and territorial integrity of eastern DRC by M23 rebels; is deeply concerned about the humanitarian situation of thousands of displaced persons in the area; urges the VP/HR to engage in clear actions in line with the EU Great Lakes Strategy in order to restore stability and to cooperate with the United Nations Organization Stabilization Mission in the DRC (MONUSCO) to protect civilians in eastern DRC; urges the Rwandan Government to withdraw its troops from DRC territory and cease cooperation with the M23 rebels; urges the VP/HR and the Member States to urgently review military assistance to the Rwandan armed forces through the European Peace Facility and consider suspending it in the event that the Rwandan Government does not comply with urgent calls for its withdrawal from DRC by the UN and the EU;

    89. Is concerned about the limited role played by the EU in the Horn of Africa, while the involvement of other foreign actors is growing; calls for a review of the EU strategy in the region, with a view to achieving the EU’s goals of promoting peace, stability, and inclusive and sustainable economic development in the region; calls on the Council, the Commission and the EEAS to reflect on how to best use CSDP missions and operations deployed in the region to further these goals and enhance the EU’s activities;

    90. Recognises that the Arctic region has significant strategic and geopolitical importance owing to its emerging maritime routes, wealth of natural resources and opportunities for economic development unlocked by global warming, while being increasingly contested; is alarmed by the intensifying militarisation and resource competition driven by Russian and Chinese activities in the region;

    91. Underlines the importance of preserving security, stability and cooperation in the Arctic; stresses that the region must remain free from military tensions and natural resource exploitation and that the rights of indigenous peoples must be respected; reiterates the need to include the Union’s Arctic policy in the CSDP and to strengthen deterrence and defence capabilities in close coordination with NATO; emphasises that EU-NATO cooperation is essential to counterbalance the expanding influence of Russia and China in the region; calls for issues of interest to the Arctic to be addressed regularly within the Political and Security Committee and Council meetings;

    Gender dimension and women’s role in peace and security

    92. Emphasises the disproportionate and unique impact of armed conflicts on women and girls, especially in terms of conflict-related sexual violence; highlights the imperative need to ensure the provision and accessibility of the appropriate healthcare in armed conflicts, including sexual and reproductive health and rights; calls on the EU and Member States to ensure that armed conflicts are considered through a gender lens;

    93. Recalls that mainstreaming and operationalising gender perspectives in external relations and implementing the ‘Women, Peace and Security’ agenda in accordance with the relevant UN Security Council Resolutions are long-standing priorities for the EU; recalls in this regard the importance of strengthening women’s participation in conflict prevention and resolution, peace negotiations, peacebuilding and peacekeeping, humanitarian action and post-conflict reconstruction;

    94. Stresses that the integration of a gender perspective into all external and internal CSDP activities helps to improve the CSDP’s operational effectiveness and is a driver of the EU’s credibility as a proponent of gender equality worldwide; insists therefore on the importance of delivering on all the commitments made by the EU, including those in the EU’s Gender Action Plan (GAP) III (2020-2024) and in the Strategic Compass; also insists that the update of the Strategic Compass propose further measures to ensure gender equality and the full and meaningful participation of women in the CSDP, especially in military missions;

    95. Welcomes the inclusion of gender and human rights perspectives and the appointment of gender advisers in all CSDP missions and operations and the establishment of a network of gender focal points; calls for the new Civilian CSDP Compact to be used to strive for the full participation of women in civilian CSDP missions;

    CSDP missions and operations

    96. Underlines the importance of clear and achievable goals, openness to the host country’s perspectives and ownership, as well as of equipment and the necessary financial, logistical and human resources for each of the CSDP missions and operations; also underlines the deterioration of the security environment where many CSDP missions are present; calls for improvements to the governance of evaluation and control of CSDP missions and operations; reiterates its call for comprehensive assessments of CSDP missions and operations, in particular of the realism of their mandates in relation to the resources and equipment allocated, their management, methods of recruiting their staff and of matching profiles to the skills required, transparency on calls for tender, activities and results obtained, lessons learned on good practices and difficulties encountered; stresses the particular need for all missions and operations to have sunset provisions to allow a sustainable termination if necessary; calls on the VP/HR and the Member States to continue to effectively design CSDP missions and operations, including robust, result-oriented, flexible and modular mandates, in order to adapt to the changing security context and needs of host countries, and to maintain a strong partnership with host governments, civil society and local populations, ensuring the creation of the necessary conditions for the missions and operations to achieve their goals over the long term; calls for the Member States to use the new Civilian CSDP Compact to strengthen their strategic vision of civilian crisis management by clarifying the role, effectiveness and added value of civilian CSDP, and by defining a shared level of ambition for civilian crisis management; also calls for the synergies and complementarities between the civilian and military dimensions of the CSDP to be built on; calls on the Commission and the EEAS to develop, together with the Member States, a structured and regular civilian Capability Development Process to assess the availabilities of Member States’ capability needs, develop requirements, conduct a gap analysis and periodically review progress; believes in the necessity of establishing a solid policy on the equipment and services needed by partner countries where civilian CSDP missions take place;

    97. Notes that the CFSP budget for civilian CSDP missions has only marginally increased between the multiannual financial framework (MFF) 2014-2020 and the MFF 2021-2027, while at the same time the number of missions and their tasks and costs have increased; calls for a substantive increase in funding for the CFSP budget, while at the same time ensuring the efficient use of the funds allocated to CSDP civilian missions, in order to make sure that they respond effectively to crisis situations and unforeseen events; calls for the establishment of a dedicated budget line or ‘civilian support facility’, to provide partner countries with the necessary equipment and services to enhance their civilian capabilities;

    98. Reiterates its call on the EEAS to take concrete action to support CSDP missions and operations defending against cyber and hybrid attacks and countering FIMI in countries where CSDP missions and operations are deployed, in particular in the Western Balkans and in the Eastern Partnership countries; calls on the Commission to take into account CSDP missions and operations when formulating its European Democracy Shield in order to pre-empt threats aiming to discredit the EU’s external actions and safeguard EU personnel deployed abroad; insists on the need to build on lessons learned across the different CSDP missions and operations, as well as cooperating with Member States’ missions and operations so as to better communicate and identify threats in order to pre-empt or respond to them in a timely manner when necessary; calls for an improved response capability, strategic communication and enhanced outreach in the areas of deployment – using the relevant local languages – in order to better inform the local population of the rationales, benefits and roles of the CSDP missions and operations in their respective regions, informing them as well of the consequences of relying on the support of other actors aiming at destabilising them, in particular Russia and China; also calls on the Commission and the EEAS to increase the visibility of CSDP missions and operations in the Eastern Partnership countries by including them in their political messaging, making documents publicly accessible and engaging with the international press; calls on the Commission and the EEAS to adjust the advisory mandates of CSDP missions and operations to include specialised training on combating hybrid warfare activities, cyber warfare and open source intelligence (OSINT) analysis; calls on the EEAS to increase its cooperation and coordination with other missions and operations by like-minded partners and organisations, including United Nations Peacekeeping Operations, in countering FIMI operations in the field;

    99. Stresses that corruption in theatres of operations can adversely impact CSDP missions and operations by exposing them to reputational damage, wasting resources, and exacerbating poor governance and maladministration, as well as increasing local levels of bribery, fraud, extortion, and nepotism; calls for strategies to be implemented to prevent and combat corruption, developing anti-corruption expertise and knowledge and stepping up efforts to mitigate corruption risks in current and future CSDP missions and operations;

    100. Calls on the Council and the EEAS to include a cultural heritage protection component in its CSDP missions and operations in order to provide assistance and education to local partners on addressing security challenges relating to the preservation and protection of cultural heritage; notes that the inclusion of cultural heritage protection and intercultural dialogue in mission mandates would be beneficial to the process of conflict resolution and reconciliation;

    101. Highlights the need to extend the mandates of CSDP missions and operations deployed in neighbouring eastern European countries, where heightened security threats justify a reinforced EU presence; encourages all Member States to deploy personnel to those missions and operations; also encourages greater third country participation in these missions, particularly from third countries that have successfully hosted completed CSDP missions; calls on the Member States to examine how new CSDP missions and operations can be established in EU candidate countries, if necessary, and in close cooperation with their national authorities; calls on the EEAS to ensure that the CSDP missions’ support to security sector reforms includes training for ministerial officials; calls for the EEAS and the European Security and Defence College to help develop the expertise of civil and defence staff supporting and deployed in CSDP missions and operations; recognises the opportunity for third countries hosting CSDP missions and operations to help the EU achieve CSDP objectives and demonstrate their capacity to provide security to others via their participation in out-of-area CSDP missions and operations;

    102. Welcomes the UN Security Council’s extension of the mandate of the European Union Force (EUFOR) Operation Althea in Bosnia and Herzegovina (BiH) beyond 2025, as an established and proven peacekeeping mission that has significantly contributed to the stability of both the country and the region; further welcomes the mission’s positive response to the request from the BiH Ministry of Security’s Civil Protection Agency, offering assistance to national authorities on addressing the impact of the recent flooding; takes the view that this extension reflects the shared commitment across the political spectrum in BiH to uphold peace and security in cooperation with the EU; welcomes the continued presence of the Kosovo Force (KFOR) and the EU Rule of Law Mission (EULEX) in Kosovo and commends the role it plays in strengthening security and stability; calls on all parties involved to adhere to the requirements of international law, restrain and prevent any disruptive actions from destabilising the northern region of Kosovo; urges them to engage in the structured dialogue mediated by the EU; condemns in the strongest possible terms the terrorist attack by Serbian paramilitaries against Kosovo’s police and the hideous terrorist attack on critical infrastructure near Zubin Potok in northern Kosovo; stresses that the perpetrators of these deplorable terrorist attacks must be held accountable and face justice without delay; calls for the strengthening of both EUFOR’s Operation Althea and KFOR with additional resources;

    103. Commends the establishment and operations of the EU Partnership Mission in Moldova (EUPM Moldova), which has contributed to strengthening the country’s crisis management structures and to enhancing its resilience to cyber and hybrid threats, and countering FIMI; calls for the mission’s mandate to be extended beyond May 2025, the adequacy of its means, methods and resources in relation to the mission’s objectives to be assessed and its resources adapted in the light of the evaluation’s conclusions in order to enhance its effectiveness; recognises the important role that the European Union Border Assistance Mission to Moldova and Ukraine (EUBAM) plays in helping to re-open rail freight through Transnistria and in thwarting multiple smuggling operations; encourages EUBAM to expand its collaboration with multiple international organisations including Europol, FRONTEX and the OSCE via its Arms Working Group, ORIO II Joint Operations and ‘EU 4 Border Security’ initiatives;

    104. Welcomes the role of the EU Monitoring Mission (EUMM) to Georgia in monitoring the situation on the Abkhaz and South Ossetian Administrative Boundary Line; condemns the temporary detention of EUMM officers by security actors while conducting a routine patrol along the Administrative Boundary Line (ABL); expresses its profound concern about any actions that obstruct EUMM actions and seek to undermine efforts to build confidence; urges the Council and the EEAS to monitor the situation closely, promote the unimpeded access of the EUMM to Georgia’s territories occupied by Russia according to the mission’s mandate, support the extension of its mandate and strengthen its capacities in order to properly address the security and humanitarian needs of the local population in conflict-affected areas;

    105. Welcomes and strongly supports the activities of the civilian European Union Mission in Armenia (EUMA) under the CSDP, which is helping to increase security in the region by substantially decreasing the number of incidents in conflict-affected and border areas, building confidence and reducing the level of risks for the population living in these areas; welcomes Armenia’s assistance to the activities of the EUMA on its territory; commends the Council for the decision to boost the mission’s capacity and increase the number of observers deployed as well as to extend its deployment timeframe, and calls for further expansion and a stronger presence in the region in order to create an environment conducive to EU-supported normalisation efforts between Armenia and Azerbaijan; urges Azerbaijan to allow EU observers on its side of the border as well; condemns Azerbaijani threats and Russia’s negative narrative against the EUMA;

    106. Considers that the two EU civilian CSDP missions – European Union Police Mission for the Palestinian Territories (EUPOL COPPS) and the European Union Border Assistance Mission for the Rafah Crossing Point (EUBAM Rafah) can play an essential role in supporting Palestinian state-building efforts; supports a stronger role for the EUPOL COPPS and EUBAM Rafah, in line with the European Council conclusions of 21 and 22 March 2024 and based on the principle of the two-state solution and the viability of a future Palestinian state, so that they can participate in the facilitation of the delivery of humanitarian assistance to the Gaza Strip, improve the efficiency of the Palestinian authority in the West Bank, and prepare for the authority’s return to the Gaza Strip; stresses in particular the need to create the necessary conditions for the full reactivation of EUBAM Rafah to allow it act as a neutral third party at the Rafah crossing point, in coordination with the Palestinian Authority as well as the Israeli and Egyptian authorities; expects the reinforcement of the scope and mandates of EUPOL COPPS and EUBAM Rafah on the ground to be included as key priorities of the forthcoming EU-Middle East Strategy; welcomes the Council decision to extend the mandates of the two missions until 30 June 2025;

    107. Takes note that the mandates of the EUTM Mali, EUMPM in Niger and of the ground mission of personnel from EUCAP Sahel Niger ended in 2024, while the EU Capacity Mission Sahel Mali (EUCAP Sahel Mali) and the EU Regional Advisory and Coordination Cell (EU RACC) for the Sahel are still ongoing; acknowledges that the various international missions have not been able to achieve their goal of stabilising the region and its fragile democracies or ensuring peace in the region; is concerned by the failure of the EU’s Sahel strategy in terms of security and defence; expresses deep concern about the worsening security situation, the continuous failure of states and the resurgence of terrorism in the Sahel; takes note of the creation of a new type of hybrid civilian-military EU Security and Defence Initiative in the Gulf of Guinea (EUSDI Gulf of Guinea), established in August 2023, aiming to empower the security and defence forces of Côte d’Ivoire, Ghana, Togo and Benin to improve the stability and resilience of their northern border areas; calls on the EEAS and the Member States to closely examine the mandate of all CSDP missions in Africa, with the aim of providing achievable goals and milestones for each mission given the current political context, as well as exploring whether these missions could be amended to more effectively serve a new revised multi-dimensional EU strategy for Africa and the Sahel, as part of its integrated approach; calls in this regard, for a review, as a matter of priority, of the mandate and resources of the EUCAP Sahel Mali and EU RACC for the Sahel, proposing changes to them and consider their termination if necessary;

    108. Welcomes the creation in February 2024 of EUNAVFOR ASPIDES as an EU military operation in response to the Houthi attacks on international shipping in the Red Sea, in order to contribute to the protection of freedom of navigation and the safeguarding of maritime security, especially for merchant and commercial vessels in the Red Sea, the Indian Ocean and the Persian Gulf; calls on the Member States to increase the capabilities of the EUNAVFOR ASPIDES operation and to consider merging it with the EU ATALANTA military operation, as originally envisaged, to improve the efficiency of both operations;

    Improving the EU’s ability to address security challenges

    Intelligence capacity

    109. Stresses the importance of enhanced intelligence sharing and information exchange among Member States and EU institutions, including Parliament, to combat foreign interference, improve situational awareness and be able to better anticipate and counter threats to collective security and define common lines of action under the CSDP, particularly in the area of crisis management;

    110. Underlines the need for the EU to make full use of the necessary first-hand information on global issues occurring outside its borders in the light of increasing geopolitical challenges and crises worldwide; commends the efforts of the EU Intelligence and Situation Centre (EU INTCEN) and the EU Military Staff Intelligence Directorate, cooperating in the framework of the Single Intelligence Analysis Capacity (SIAC), as well as the European Union Satellite Centre (SatCen), to produce all-source intelligence assessments; calls on the EU Member States to reinforce the EU INTCEN, the SIAC, the EEAS Crisis Response Centre and the EU SatCen by enhancing its staff and financial resources, as well as capabilities and information security; urges these centres, provided they have adequate information security provisions, to draw lessons from NATO’s role in facilitating public-private sharing of cyber threat intelligence, and apply this to their field, thereby offering added value to the Member States;

    111. Calls on the Member States to utilise the EU INTCEN as an effective intelligence-sharing body in order to share intelligence in a secure fashion, formulate a common strategic and security culture and provide strategic information; stresses that on the basis of the intelligence gathered, the EU INTCEN should be further involved in the threat assessments carried out by the EU institutions, as well as attribution of digital operations and sanctions evasions; reiterates its call to promote the establishment of a system for the regular and continuous flow of intelligence from Member States to the EEAS and between EU Member States on foreign and security issues occurring outside the Union; underlines the importance of secure communications and a high level of information security for reliable intelligence and calls for efforts to enhance and streamline security rules and regulations to be pursued in this respect to better protect sensitive information, infrastructure and communication systems from foreign interference and attacks;

    112. Calls for regular joint threat assessments with input from Member States’ intelligence services in order to inform CSDP decision-making bodies and reiterates its call for the deployment of intelligence-gathering capacities in all CSDP missions and operations, which would provide information to the EU INTCEN, EU Military Staff (EUMS), the MPCC and the CPCC;

    Defence against hybrid attacks and disinformation

    113. Expresses serious concern about the growing security challenges posed by cyber and hybrid attacks, as well as FIMI, all of which are aimed, inter alia, at undermining the stability of the EU’s democratic societies, in particular in EU territories far from their mainland, the alliances of EU Member States, and fostering polarisation, especially in the run-up to elections; stresses that Member States, particularly those on the EU’s eastern external border, are vulnerable to such hostile influence from Russia and Belarus; welcomes the established institutional cooperation at administrative level between the Commission, the EEAS and Parliament during the past European election campaign to prevent a massive use of FIMI by malicious third state and non-state actors; calls on the Commission, the EEAS and Parliament’s administration to strengthen their capabilities to increase resilience against hybrid attacks and FIMI; points in this regard to the recent decision by the Romanian constitutional court to annul the first round of the presidential elections following reports of massive hybrid attacks by Russia, especially via social media platforms; further calls on the administrations of the EEAS and Parliament to closely cooperate with the private sector, civil society as well as the academic and scientific community in countering malign influence campaigns and hybrid threats, including the weaponisation of new technologies;

    114. Supports the pledged establishment of a ‘European Democracy Shield’ and reiterates its call on the Member States, the Commission and the EEAS to consider the creation of a well-resourced and independent structure tasked with identifying, analysing and documenting FIMI threats against the EU as a whole, to detect, track and request the removal of deceptive online content, to increase situational awareness and threat intelligence sharing, and develop attribution capabilities and countermeasures in relation to FIMI; considers that this structure would serve as a reference point and specialised knowledge hub to facilitate and foster operational exchange between Member States’ authorities and the EU institutions; stresses that the structure should clarify and enhance the role of the EEAS Strategic Communications division and its task forces as the strategic body of the EU’s diplomatic service and prevent the overlap of activities; highlights its own decision to establish a special committee on the EU Democracy Shield in the European Parliament and deems it an important way to consolidate European efforts in this field;

    115. Highlights the importance of intensifying efforts to combat disinformation promoted by foreign actors aiming to undermine the credibility of the EU, particularly in EU candidate or neighbouring countries and regions where CSDP missions and operations are under way; underlines that the coordination between the EEAS and relevant EU agencies, including the EU Agency for Cybersecurity (ENISA) and relevant authorities at Member State level, must be significantly increased in order to develop coherent and efficient strategies against FIMI; underlines in this regard the need for strategic and preventive communication, and invites all EU institutions to work hand in hand with the EEAS, to strengthen the visibility, the positive perception and legitimacy of the EU’s external actions;

    116. Considers that hybrid threats in the years ahead will see the combination of information warfare, agile force manoeuvre, mass cyberwarfare, and emerging and disruptive technologies from the seabed to space with the deployment of advanced air and space surveillance and strike systems, all of which will possibly be enabled by AI, quantum computing, ever smarter drone swarm technologies, offensive cyber capabilities, hypersonic missile systems, nanotechnologies and biological warfare; recognises in particular the increasing role of AI in hybrid warfare and its potential use in undermining democratic institutions, spreading disinformation, disrupting critical infrastructure, as well as influencing public opinion through automated and data-driven operations;

    117. Calls for strategic, proactive and coordinated EU-level measures to counter hybrid threats and to strengthen the security and integrity of critical infrastructure in the EU, de-risking and promoting the EU’s technological edge in critical sectors, including measures to restrict or exclude high-risk suppliers; stresses in this regard the importance of the PESCO project that aims to support the Cyber and Information Domain Coordination Centre (CIDCC) to facilitate the planning and conduct of EU missions and operations with cyber- and information-domain capabilities as well as enhancing the general resilience of the EU in this area; calls, therefore, for its permanent integration in CSDP;

    118. Condemns the continued malicious actions by Russia and Belarus aimed at destabilising the EU by pushing migrants to forcibly enter EU countries, constituting a hybrid attack; calls on the EU to review and update its policies concerning the strengthening of its external borders in order to bolster the security of the Union as a whole;

    Cybersecurity

    119. Welcomes the Cyber Solidarity Act[27] and its importance to Member States’ cyber defence capabilities; supports the promotion of platforms for information sharing and analysis and calls for this to be expanded to include the provision of threat or vulnerability intelligence with cross-border security operations centres (SOCs); calls for a clearer funding plan that specifies the amount of funds that will be used to implement the act;

    120. Is concerned by the delay by many Member States in implementing the Directive on measures for a high common level of cybersecurity across the Union (NIS 2 Directive)[28] and calls for swift implementation to secure European critical infrastructure; calls on the VP/HR to better synchronise the cyber, hybrid and FIMI sanction toolboxes and use them more actively while also exploring how sectoral sanctions may be implemented;

    Space

    121. Welcomes the findings and recommendations in Mr Draghi’s report on the future of European competitiveness, which encourages Member States to update governance and investment rules in the space domain, in particular for defence-related areas; calls on the Commission and the Member States to invest appropriately in this domain in the context of the next MFF and also by considering any other financing instrument; highlights in particular the need to further develop the European Space Programme considering the strong connections between the space and the defence and security sectors when planning the new MFF; underlines the importance of improving cooperation between the Commission and the European Space Agency to avoid duplication of efforts and ensure more efficient use of resources; calls for fostering transatlantic cooperation and synergies with NATO to ensure effective coordination in the development of space and defence capabilities;

    122. Stresses that the current pillars of the EU’s space programme – the Galileo global satellite navigation programme and the Copernicus Earth observation programme – have clear dual-use potential in developing space applications and services; stresses the importance of establishing, as a third pillar of the EU’s space programme, the IRIS2 satellite constellation to provide secure communication services to the EU and its Member States as well as broadband connectivity for European citizens, private companies and governmental authorities; recommends that Taiwan and Ukraine be granted access to the IRIS2 Satellite Constellation; highlights that, beyond satellite communications, sectors such as positioning, navigation, timing, as well as earth observation, are essential in strengthening the EU’s strategic autonomy and resilience; stresses that the development of these capabilities directly contributes to an effective crisis response and the protection of critical infrastructure; calls therefore for new EU space programmes to be considered, enabling the EU to strengthen its strategic autonomy and its status as a global space power;

    123. Recognises the inadequacy of launch vehicle capabilities and satellite communications within the EU; underlines the strategic importance of advancing and enhancing these capabilities to enable the EU to effectively support Member States and CSDP missions and operations, while maintaining a resilient and autonomous posture; stresses that the development of EU-led solutions in this domain is essential for the protection of critical infrastructure and to ensure a secure and competitive presence in the space sector;

    124. Calls on the Member States to address the growing threat of the weaponisation of space, in particular reports of Russia’s progress on space-based nuclear weapons technology, which would constitute a blatant violation of the 1967 Outer Space Treaty;

    Maritime domain

    125. Stresses that, given the growing geopolitical maritime tensions, the EU must  step up its activities at sea, by leading in maritime domain awareness, protecting critical infrastructure, ensuring that its external maritime borders are monitored effectively in order to prevent illegal activities, and contributing to ensuring freedom of navigation, the safety of maritime lines of communication and of vessels and crews, and to countering illegal, unreported and unregulated fishing;

    126. Underlines the commitment to strengthen the EU’s role as a guarantor of international maritime security; stresses in this regard the importance of the Coordinated Maritime Presence (CMP) concept, enhancing the role of the EU as a global maritime security provider and its visibility in key maritime regions, highlights the activities of CMPs in the Gulf of Guinea and in the northwestern Indian Ocean; calls on the Member States to engage actively with those initiatives and to build up their military naval capabilities with a view to enhancing the EU’s presence and visibility in the global maritime sector; recommends that CMPs be expanded to other key maritime areas across the globe;

    127. Expresses its serious concerns about Russia’s and China’s surveillance and sabotage of critical maritime infrastructure, such as seabed communication cables and offshore energy facilities; expresses in particular its strong concern about the damage to two subsea communications cables, one linking Finland to Germany and the other connecting Sweden to Lithuania, within less than 24 hours on 17 and 18 November 2024, and about the damage by a tanker belonging to the Russian shadow fleet of EstLink2, linking Estonia and Finland, on 25 December 2024; calls on the EU to put in place effective monitoring and surveillance systems and regional coastguard cooperation to ensure the prevention and rapid detection of attacks against such infrastructure; welcomes, in that regard, the launch of the operation ‘Baltic Sentry’ by NATO, with participation of several Member States, to improve the security of critical undersea infrastructure in the Baltic Sea; calls on Member States to fully abide by the commitments of the New York declaration on the Security and Resilience of Undersea Cables, including the procuring of submarine cable equipment only from companies in allied countries; calls on the Commission to allocate adequate resources to the research and development of cutting-edge underwater assets and defence equipment to protect islands against possible landings and attacks by forces from third countries;

    Arms control, non-proliferation and disarmament

    128. Deplores the weakening of non-proliferation and arms control regimes during these unstable geopolitical times and calls for the redoubling of efforts to reverse this trend; emphasises in this regard the critical and substantial need for an increase in investment in regional and global arms control, non-proliferation and disarmament, with a particular focus on multilateral strategies; stresses that those strategies should address issues relating to unexploded ordnance and chemical weapons dumped in the previous century, which pose a threat to security, the environment, health and the economy, in particular in the Baltic, Adriatic and North seas;

    129. Reaffirms its unwavering support for the EU and its Member States’ commitment to the Treaty on the Non-Proliferation of Nuclear Weapons (NPT), recognising it as the cornerstone of the global nuclear non-proliferation and disarmament framework; recalls that Russia withdrew its ratification of the Comprehensive Nuclear-Test-Ban Treaty in October 2023;

    130. Recalls that international negotiations related to non-proliferation and arms control regimes and their outcomes have an impact on Europe, in particular on EU Member States; highlights the importance of giving renewed impetus to reviving those regimes; also stresses the importance of ensuring that the EU takes an active and constructive role in advancing and strengthening the international rules-based efforts towards non-proliferation, arms control, and disarmament architecture, in particular in the field of weapons of mass destruction and dual-use digital surveillance and manipulation tools;

    131. Calls on the Member States to fully comply with Common Position 2008/944/CFSP defining common rules governing the control of exports of military technology and equipment as amended by Council Decision (CFSP)2019/1560, and to strictly implement criterion 4 on regional stability;

    132. Stresses the need to prevent sensitive emerging technologies and key dual-use items, especially those that are critical for EU security, from being transferred to destinations of concern outside the EU; calls for the establishment and implementation of EU-wide electronic customs and export licensing systems, as a critical step towards making export controls by Member States of those technologies and items more effective;

    Defence and society and civilian and military preparedness and readiness

    133. Highlights the need for a broader understanding of security threats and risks among EU citizens to develop a shared understanding and alignment of threat perceptions across Europe and to create a comprehensive notion of European defence; stresses that securing support by democratic institutions and consequently by citizens is essential to develop a successful and coherent long-term EU defence, which requires an informed public debate; calls for the EU and its Member States to develop awareness-raising and educational programmes, especially for the young, aimed at improving knowledge and facilitating debates on security, defence and the importance of the armed forces and at strengthening the resilience and preparedness of societies to face security challenges, while allowing for greater public and democratic control and scrutiny of the defence sector; calls on the Commission and the Member States to develop those programmes within the framework of the European Democracy Shield, building on the model of national programmes, such as the Swedish Civil Contingency Initiative;

    134. Welcomes the efforts to strengthen Europe’s civil and military preparedness and readiness, as also proposed in Mr Niinistö’s report; acknowledges the critical importance of citizens in crisis preparedness and response, in particular the psychological resilience of individuals and household preparedness; also recognises the importance of civil protection infrastructures and planning for emergency situations; supports a whole-of-society approach to resilience, involving the active engagement of EU institutions, Member States, civil society, and individual citizens in strengthening the EU security framework; stresses that CSDP decision-making bodies responsible for planning, resources and logistics have the potential to become the primary enablers of civilian crisis management during emergency situations; calls on the Member States and the Commission to closely examine the report’s recommendations and develop an EU risk assessment and preparedness strategy, joint exercises, a stronger EU-NATO cooperation interface in view of crisis situations; calls for the development of adequate civil protection infrastructure and thorough emergency planning and for the necessary investments for these purposes to be ensured, including through a dedicated EIB investment guarantee programme for crisis-proof civil defence infrastructure;

    135. Recalls that terrorism, including jihadi terrorism, poses a persistent threat to the security of the EU and of its partners; calls on the EU to continue efforts to prevent this threat with determination and full solidarity, in particular through greater coordination to improve knowledge, develop preparedness and response capabilities, and to ensure closer interaction with partners and other international actors;

    136. Points out that the EU’s defence policies should reflect the principles of gender equality and diversity, promoting inclusive military environments that reflect the values and diversity of European society while ensuring that all members of the European armed forces, regardless of gender or background, have equal opportunities and access to support; reiterates the important role of young people and youth organisations in maintaining and promoting peace and security and calls on the EEAS to commit to integrating young people into its youth, peace and security (YPS) agenda more systematically; also calls for developing train-the-trainers programmes and cooperation between defence institutions and universities of EU Member States, such as military courses, exercises and role playing training activities for civilian students;

    137. Stresses that the EU and its Member States must address critical recruitment and retention challenges in the military by developing coordinated national and EU-level actions in order to ensure a sustainable military workforce; recommends, that the EU should support the Member States in developing policies that enhance career attractiveness and long-term retention strategies; stresses the need for the EU Military Committee (EUMC) to provide follow-up on its task of gathering and analysing data across the EU Member States on the issues of recruitment and retention, in order to identify possible measures addressing these issues; highlights that supporting the mental health and well-being of military personnel, with a focus on professional development and long-term care for veterans, must be adequately taken into consideration in the further development of the Defence Union;

    138. Recalls the importance of organising joint training and exercises between European armed forces, thereby promoting interoperability, with a view to maximising mission preparedness and addressing a broad range of threats, both conventional and non-conventional; calls for the development and creation of exchange programmes at EU level for military personnel from the Member States, aimed at providing training opportunities and experience in different European military environments and structures and thereby fostering mutual understanding, cohesion, and interoperability, between the EU’s armed forces; reiterates in this respect its support for the European Initiative for the Exchange of Military Young Officers (Military Erasmus – EMILYO), operated by the European Security and Defence College;

    Strengthening defence cooperation and partnerships

    139. Underlines the importance of the partnership dimension of the Strategic Compass in reinforcing cooperation between the EU and its allies and partners around the world on the basis of common values and respect for human rights and democracy, in order to strengthen the perception of the deterrence principle and to counter foreign strategies aimed at undermining the EU and its partners, and destabilising the rules-based international order; calls on the EU to further engage in security cooperation with partners in all the priority areas identified in the Strategic Compass, notably in strengthening resilience of local security sectors in the area of crisis management, countering hybrid threats as well as upgrading capacities of cybersecurity institutions; also calls for closer cooperation between relevant organisations from partners with the EU Satellite Centre, the European Defence Agency (EDA) and the EU Agency for Cyber Security (ENISA); believes that the participation of partners and NATO Allies in PESCO projects, subject to the agreement by the EU Member States, contributes to improving compatibility between their standards in the defence sector as well as to sharing experience, intelligence and technical expertise in various fields;

    140. Reaffirms that the EU’s Common Security and Defence Policy (CSDP) must always strictly observe international law and the multilateral decisions taken deriving from international institutions; welcomes the adoption of the EU’s human rights and international humanitarian law due diligence policy on security sector support to third parties (EU HRDDP), serving as a basis for security and military cooperation with third countries in a way that is more compliant with human rights and international humanitarian law (IHL); calls for its thorough implementation; reiterates the call for closer cooperation with international organisations, such as, but not limited to, the UN, the African Union, and their peacekeeping missions in joint theatres, and the OSCE on security;

    141. Welcomes the Joint Declaration of the G7 Defence Ministers of 19 October 2024 and their declaration of intent to increase cooperation in the defence sector; stresses the strong interest for the EU of developing international partnerships with like-minded partners in this area and the need to strengthen EU efforts to ensure that countries which were once strategic partners, and with which some Member States maintain strong cultural ties, are not drawn into the sphere of influence of systemic rivals; recalls that economic diplomacy plays a crucial role in this endeavour, serving as an essential tool to reinforce cooperative ties, promote mutual prosperity, and consolidate the EU’s presence and influence, contributing to the resilience of partners against external pressures;

    EU-NATO cooperation

    142. Stresses the importance of the EU’s strategic partnership with NATO, in full respect of the agreed guiding principles of transparency, reciprocity and inclusiveness, as well as respect for the decision-making autonomy and procedures of each organisation; highlights that NATO and the EU play complementary, coherent and mutually reinforcing roles in supporting international peace and security and thus avoiding the duplication of defence efforts, while maintaining strong close cooperation; welcomes the accession of Sweden to NATO in 2024, and that of Finland in 2023, representing a historic step forward in strengthening security in Europe, notably in the Baltic sea region; calls on the VP/HR to operate in close coordination and unity with the NATO Secretary General;

    143. Calls for further deepening of EU-NATO cooperation by building on the EU’s Strategic Compass and NATO’s new Strategic Concept, including in the fields of cybersecurity, hybrid warfare, counter terrorism, military mobility, dual-use infrastructure, conflict prevention and crisis management, military-security cooperation, countering malicious foreign interference from third countries, a coordinated approach in the Indo-Pacific, as well as increasing common action on the international stage to protect democracy; strongly supports NATO’s Open Door Policy; invites the EU and NATO to reinforce their cooperation on supporting the capacity-building of common partners;

    144. Stresses the constant need for alignment among states that are both EU and NATO members and the obligation under Articles 1 and 3 of the NATO charter for cooperation, self-help and mutual aid; calls on the EU to step up its efforts on common security and defence initiatives wherever there is no NATO equivalent, to increase standardisation, improve interoperability and develop common operating procedures between Member States’ and the EU’s defence capabilities;

    145. Commends the close EU-NATO cooperation in the Western Balkans, including through EUFOR Operation Althea and the KFOR military operations, which guarantee the necessary stability for Bosnia and Herzegovina, Kosovo and the wider region;

    146. Emphasises the vital role of the Black Sea region in the European security landscape and calls for the EU to collaborate with NATO on formulating a comprehensive strategy for this region, which should address security challenges, counter hybrid threats, enhance maritime cooperation and bolster regional partnerships;

    147. Welcomes the appointment of NATO’s Special Representative for the Southern Neighbourhood and NATO’s focus on this region; considers it appropriate to strengthen coordination and consultation between EU officials in charge of policy for the Southern Neighbourhood and the Sahel and their NATO counterparts, in order to avoid publicity and fragmentation of efforts and resources;

    148. Welcomes the proposal from the NATO Parliamentary Assembly (NATO PA) to enhance Parliament’s status to ‘partner’ under the ongoing reform of partnerships; invites its Delegation for relations with the NATO PA (DNAT) to make full use of Parliament’s current and future privileges; considers DNAT an important instrument of Parliament’s diplomacy in an enhanced EU-NATO partnership aimed at strengthening the European pillar of NATO and contributing to reaching the Alliance’s overall objectives; is of the view that DNAT can play a pivotal role in reinforcing EU-NATO cooperation, strengthening the democratic resilience of accession countries and key partners, as well as, overall, enhancing the parliamentary dimension of this essential partnership;

    Partnership with the United States

    149. Considers it essential to further develop the EU’s close relationship with the United States, which is based on mutual respect, the shared values of democracy, freedom and the rule of law, as well as a broad range of common or converging interests; values the United States’ commitment to and involvement in the territorial defence of Europe, in accordance with the North Atlantic Treaty and its Article 5, especially in the light of Russia’s war of aggression against Ukraine; encourages mutual security and defence initiatives, disarmament and non-proliferation, the impact of disruptive technologies, climate change, hybrid threats, cyber defence, military mobility, crisis management and the relationship with strategic competitors; calls for further strengthening of the EU-US security and defence dialogue as an important instrument in closer transatlantic cooperation;

    150. Notes the importance of greater collaboration in defence production and procurement, including through equal market access for both defence industries; takes note of the US National Defence Industry Strategy of January 2024 and its ambition to deepen industrial cooperation with partners; acknowledges the vast range of possible mutually beneficial areas of cooperation in defence and its positive implications for a stronger transatlantic partnership in times of increasing geopolitical competition; stresses, however, that such cooperation requires a level playing field, which is incompatible with the provisions of the US International Trade in Arms Regulation; calls, accordingly, upon the Commission to launch a dialogue with the United States to explore the possibilities of developing mutually beneficial defence industrial cooperation based on a legal framework that ensures a level transatlantic playing field;

    Partnership with the United Kingdom

    151. Recognises the UK’s significant contributions to Europe’s security and stability, as well as its commitment to shared defence objectives, which enhance collective security across Europe; welcomes the strong cooperation between the EU, EU Member States and the United Kingdom when it comes to supporting Ukraine, as well as bilateral agreements such as the Trinity House agreement between the UK and Germany to deepen defence cooperation; welcomes the participation of the UK Secretary of State for Foreign, Commonwealth and Development Affairs at the EU Foreign Affairs Council meeting in October 2024; calls for the EU and the UK to swiftly upgrade defence cooperation and become closer security partners by signing a joint declaration with concrete engagements and structured dialogue to strengthen EU-UK cooperation on the full range of foreign and security challenges the EU and UK face on the European continent; underlines in this regard the importance of closer cooperation on information and intelligence sharing, counter terrorism, military mobility, security and defence initiatives, crisis management, cyber defence, hybrid threats and FIMI, and on jointly addressing shared threats, such as the proliferation of weapons of mass destruction;

    152. Considers it essential to make progress on practical cooperation by formalising a joint declaration on a security and defence partnership with the United Kingdom as a means of strengthening European security and the European pillar of NATO, in particular in the context of Russia’s war of aggression against Ukraine; encourages the VP/HR to regularly invite the United Kingdom to informal Council meetings of foreign affairs (and defence) ministers to exchange views on issues of common concern while fully safeguarding the EU’s decision-making autonomy;

    Partnership with Western Balkan and Eastern European partners

    153. Believes that the EU’s security is closely interlinked with the security of its immediate European neighbours and that the EU has an interest in giving priority to its enlargement policy and strengthening the stability of its South-Eastern and Eastern European neighbours, in particular candidate countries; calls for stronger military-security cooperation, including civilian and military as well as policy and military security, cooperation with candidate countries and partners, particularly in areas such as resilience, cybersecurity, hybrid threats, border management, counter-terrorism and countering disinformation; reiterates the need for close cooperation with NATO in this regard;

    154. Highlights that the Union should facilitate the participation of European partners with a high level of alignment with CSDP matters, most notably the Western Balkans countries, in current and future programmes linked to the defence sector; reaffirms that thorough involvement of the candidate countries would substantially facilitate their accession process by increasing their industrial and operational capacities in the defence sector, thus increasing interoperability with EU Member States’ armed forces; is of the opinion that the comprehensive inclusion of the Western Balkans candidate countries in EU defence initiatives would represent a strategic investment, as well as an integral part of the EU’s efforts to counter the growing assertiveness and foreign interference orchestrated in those countries;

    155. Encourages the Member States to further utilise the European Peace Facility (EPF) for training and outfitting security services in South-Eastern and Eastern European partners hosting CSDP missions, particularly military police, medical and law enforcement infrastructure and to increase intelligence exchange capabilities via secure lines of communication;

    Partnership with the African Union and African countries

    156. Stresses the importance of the EU-Africa relationship for European security; considers it essential to significantly step up the EU’s partnerships with African countries;

    Partnership with the Indo-Pacific region

    157. Stresses the strategic significance of the Indo-Pacific region within the EU’s defence framework, recognising the necessity of addressing growing security concerns linked to China’s regional activities and their broader implications for global stability; considers it essential to strengthen the EU’s presence and partnerships in this region; is also aware of Taiwan’s leading role in high-tech development, and its extensive experience defending itself against China’s hybrid attacks, disinformation, and FIMI, which should be a foremost consideration when assessing the possibilities of strengthening multilateral exchanges and cooperation;

    158. Underscores the imperative for the EU of establishing more enduring collective security through a network of regional allies and partners, forming the conventional foundation of its engagement in the region; strongly welcomes the recent conclusion of the EU-Japan Security and Defence Partnership; believes that a further deepening of the strategic and defence partnership of the EU with Japan, and the development of regular dialogue, cooperation, and capacity building with other like-minded countries in the Indo-Pacific region, such as Australia, New Zealand, South Korea and Taiwan, are fundamental to advancing common security; reiterates its call on the EU for further engagement with emerging strategic partners in the region, such as Indonesia and Viet Nam; 

    Greater involvement of the European Parliament in the CSDP

    159. Stresses that the strengthening of the CSDP as a political priority in the tenth legislative term and the increase in spending on defence policies and programmes at EU level and by the Member States requires full parliamentary scrutiny and accountability;

    160. Calls, in this regard, for Parliament’s scrutiny, legislative and budgetary role over a growing range of defence initiatives across the EU institutions and in particular the work carried out under the CSDP to be reinforced, including by strengthening regular dialogue, the exchange of information and maintaining permanent channels of communication open between the VP/HR, the Commissioner for Defence and Space and the competent Parliament bodies; recommends the inclusion of regular intelligence updates to relevant parliamentary committees;

    161. Deplores that the lack of access to information means Parliament is not in a situation to properly scrutinise PESCO projects; reiterates its call to the Member States to submit an implementation report on PESCO projects to Parliament at least twice a year; further reiterates its call on the EEAS to regularly and comprehensively report on the implementation of the Strategic Compass and other security and defence initiatives and programmes to the Subcommittee on Security and Defence; further reiterates its call on the EEAS to regularly and comprehensively report on the implementation of the Strategic Compass, other security and defence initiatives and programmes and their assessment to Parliament’s Subcommittee on Security and Defence; stresses the need to improve the scrutiny of the implementation of defence industrial regulations by the introduction of the procedure for delegated acts;

    °

    ° °

    162. Instructs its President to forward this resolution to the European Council, the Council, the Vice-President of the Commission / High Representative of the Union for Foreign Affairs and Security Policy, the President of the Commission and competent Commissioners, the UN Secretary-General, the NATO Secretary General, the President of the NATO Parliamentary Assembly, the EU security and defence agencies and the governments and parliaments of the Member States and partner countries.

    * * *

     

    EXPLANATORY STATEMENT

    During the last years, and particularly since the beginning of Russia’s war of aggression against Ukraine, the EU has had to face multiple and unprecedented threats to its security and new crises in its close geographical environment, including the consequences of the Hamas terrorist attacks on Israel in October, 2023.

     

    The EU has reacted to these negative developments by involving more deeply in European security and defence, exploring new directions and launching new initiatives to strengthen and develop its defence capabilities in a collective and cooperative manner.

     

    This first annual report on the implementation of the EU common security and defence policy (CSDP) under the tenth parliamentary term aims to present the assessment of the European Parliament on CSDP progress in the current geopolitical and security context and thus responds to the report of the High Representative of the Union for Foreign Policy, published on 20 June 2024 and entitled “Common Foreign and Security Policy Report – Our Priorities in 2024”. It also provides recommendations on the main avenues for strengthening policies and actions for the future along several dimensions, including institutional decision-making progress, the joint development of military and armament capabilities and the means of financing them.

     

    ANNEX: ENTITIES OR PERSONS FROM WHOM THE RAPPORTEUR HAS RECEIVED INPUT

    Pursuant to Article 8 of Annex I to the Rules of Procedure, the rapporteur declares that he has received input from the following entities or persons in the preparation of the report, until the adoption thereof in committee:

    Entity and/or person

    ESCRIBANO MECHANICAL AND ENGINEERIING

    Apple Inc.

    TECNOBIT (Grupo Oesia)

    SOPRA STERIA GROUP

    Human Rights Working Group of NCRI

    American Chamber of Commerce in Belgium

    Boeing International Corporation, Belgium

    General Electric Company Honeywell Europe, RTX Corporation W.L.

    Gore

    Ericsson

    US. Mission to the European Union

    IQM Quantumm Computers

    Rasmussen Global

    Munich Security Conference

    General Electric Company

    Business Bridge Europe

    Airbus

    Atlantic Council of the United States, Inc

    International Centre for Ukrainian Victory

    Prisoner’s defenders International Network

    Official Spanish Chamber of Commerce in Belgium and Luxembourg

    Deloitte Advisory

    Amazon Europe Core

    Indra

    International Committee in Search of Justice

     

    The list above is drawn up under the exclusive responsibility of the rapporteur.

     

    Where natural persons are identified in the list by their name, by their function or by both, the rapporteur declares that he has submitted to the natural persons concerned the European Parliament’s Data Protection Notice No 484 (https://www.europarl.europa.eu/data-protect/index.do), which sets out the conditions applicable to the processing of their personal data and the rights linked to that processing

    MINORITY POSITION

     

    pursuant to Rule 55(4) of the Rules of Procedure

    by Özlem Alev Demirel, Marc Botenga, Giorgos Georgiou (The Left)

     

    This report rightly states that considering the conflicts in Ukraine, Middle East, Indo-Pacific are escalating; diplomacy, arms control/disarmament should play a crucial role. Simultaneously it denies the escalating EU-role through either direct participation in, or fuelling conflicts with arms exports. EU does not appear as diplomatic force.

     

    We reject this report since it

     

     uses Russia’s illegal war as pretext for massive armament and financing the defence industry, focuses solely on a military approach instead of diplomacy, demands secondary sanctions, calls for testing of (military) prototypes in cooperation with Ukrainian defence actors

     promotes concept of “dual use” and procurement of hypersonic weapons, electronic warfare capabilities together with NATO

     demands 0.25 % of MS GDP annually for military assistance for Ukraine, which will lead to cuts in social policy

     calls for military spending above NATO’s target of 2% GDP

     calls for lifting CFSP/CSDP  unanimity principle which further increases the power of big MS

     advocates youth, peace and security (YPS) agenda in view of cooperation between defence institutions and universities, including military courses/exercises

     

    We demand:

     establishment of a system of collective security along with diplomatic efforts to end ongoing wars and conflicts

     achieving peace through conflict resolution, confidence-building, serious arms control, disarmament measures

     strict application of Article 41.2 TEU

    INFORMATION ON ADOPTION IN COMMITTEE RESPONSIBLE

    Date adopted

    30.1.2025

     

     

     

    Result of final vote

    +:

    –:

    0:

    55

    19

    1

    Members present for the final vote

    Mika Aaltola, Petras Auštrevičius, Jordan Bardella, Dan Barna, Wouter Beke, Robert Biedroń, Ioan-Rareş Bogdan, Marc Botenga, Grzegorz Braun, Sebastião Bugalho, Danilo Della Valle, Özlem Demirel, Elio Di Rupo, Loucas Fourlas, Michael Gahler, Giorgos Georgiou, Raphaël Glucksmann, Bernard Guetta, Rima Hassan, Rasa Juknevičienė, Sandra Kalniete, Łukasz Kohut, Rihards Kols, Andrey Kovatchev, Vilis Krištopans, Nathalie Loiseau, Claudiu Manda, David McAllister, Vangelis Meimarakis, Sven Mikser, Francisco José Millán Mon, Arkadiusz Mularczyk, Leoluca Orlando, Kostas Papadakis, Tonino Picula, Thijs Reuten, Nacho Sánchez Amor, Andreas Schieder, Alexander Sell, Villy Søvndal, Davor Ivo Stier, Sebastiaan Stöteler, Stanislav Stoyanov, Marie-Agnes Strack-Zimmermann, Michał Szczerba, António Tânger Corrêa, Marta Temido, Cristian Terheş, Riho Terras, Hermann Tertsch, Pierre-Romain Thionnet, Sebastian Tynkkynen, Reinier Van Lanschot, Roberto Vannacci, Hilde Vautmans, Harald Vilimsky, Željana Zovko

    Substitutes present for the final vote

    Jaume Asens Llodrà, Malik Azmani, Engin Eroglu, Sandra Gómez López, Evin Incir, András László, Ana Catarina Mendes, Hans Neuhoff, Nicolás Pascual de la Parte, Chloé Ridel, Tineke Strik, Şerban Dimitrie Sturdza, Ingeborg Ter Laak, Matej Tonin, Ivaylo Valchev, Isabel Wiseler-Lima

    Members under Rule 216(7) present for the final vote

    Nikos Papandreou, Catarina Vieira

     

    MIL OSI Europe News

  • MIL-OSI Security: Deputy Commander Strengthens Partnerships in Tanzania

    Source: United States AFRICOM

    Lt. Gen. John Brennan, U S. Africa Command Deputy Commander, traveled to Dar es Salaam, Tanzania, Feb. 20-21 to meet with the Chief of Tanzanian People ‘s Defence Forces Gen. Jacob John Mkunda, and to be the keynote speaker at the closing ceremony for Exercise Cutlass Express.

    “We see Tanzania as a key strategic partner in East Africa; an anchor of security and stability,” Brennan said during his meeting with the chief of defence on Feb. 21. 

    Brennan and Mkunda discussed past, ongoing, and future security cooperation activities and opportunities between the United States and Tanzania, with both highlighting the importance of the newly-signed agreement between Tanzania and the Nebraska National Guard as part of the U.S. State Partnership Program.  Under the SPP, Nebraska Guard members will travel to Tanzania to train together with Tanzanian forces, strengthening both organizations and reinforcing the U.S.-Tanzanian partnership, with reciprocal visits by TPDF to Nebraska to participate in their annual training.

    Following the meeting, Brennan attended the U.S. Sixth Fleet- and TPDF-hosted closing ceremony for Exercise Cutlass Express 2025, concluding the exercise’s 15th iteration since 2011.

    Maj. Gen. Ibrahim Michael Mhona, Chief of operations and training for the Tanzanian people’s defence forces, spoke about the importance of training together with regional partners. 

    “Cutlass Express 2025 has been an outstanding demonstration of the power of cooperation, mutual respect, and commitment to the power of regional security,” Mhona said.

    The exercise took place from Feb. 10-21 and hosted over 1000 participants from 20 partner nations as part of a global network of partners that enhance cooperation and expertise in maritime security operations in the Western Indian Ocean.

    Brennan echoed the importance of security cooperation and thanked TPDF organizers for hosting the exercise and being a strong partner to the United States.

    “We greatly appreciate Tanzania hosting both Cutlas Express and Justified Accord simultaneously, which demonstrates not only their exceptional hospitality, but the TPDF’s capability as well,” Brennan said during his remarks. “This is an enduring partnership we want to continue to foster and grow to connect allies and partners from five continents for a common purpose.”

    Cutlass Express focuses on enabling East African partners to expand their capacity and capability to support maritime security operations and combat threats such as piracy, trafficking and illegal, unreported and unregulated fishing. The coordination of 10 national maritime operations centers across eight partner nations sought to improve regional coordination, with this year being the first to feature a U.S. P-8A Poseidon aircraft to establish communication links during a Cutlass Express. Visit, board, search and seizure training in both Tanzania and Mauritius, as well as a week-long rule of law course hosted in Seychelles, allowed partners to share and refine their tactics for interdiction operations while ensuring a legal finish to hold malign actors accountable for illicit at-sea activity.

    Participants spanned five continents and included Australia, Belgium, Comoros, Djibouti, France, Georgia, India, Kenya, Madagascar, Malawi, Mauritius, Morocco, Mozambique, Senegal, Seychelles, Somalia, Tanzania, Tunisia, and the United Kingdom.

    Cutlass Express is one of three regional maritime exercises led by U.S. Sixth Fleet as part of a comprehensive strategy to provide collaborative opportunities to African forces and international partners to address maritime security concerns.

    MIL Security OSI

  • MIL-OSI United Kingdom: More than £100 million in Indian investment creating UK jobs

    Source: United Kingdom – Executive Government & Departments

    Press release

    More than £100 million in Indian investment creating UK jobs

    New Indian investment deals worth over £100 million demonstrate investors’ confidence in the UK.

    • UK welcomes latest Indian investments, demonstrating investors’ confidence in doing business 

    • New deals will create jobs as the government continues to focus on delivering economic growth under the Plan for Change 

    • Recent Indian budget drives more opportunity for UK insurance companies to expand presence in India 

    Recent investment wins for the UK worth over £100 million from Indian companies are being celebrated as proof the government’s Plan for Change is providing global investors with the confidence they need to do business in the UK. 

    Trade Secretary Jonathan Reynolds has been in New Delhi this week, as the UK Government relaunched talks on a trade deal with India to bring more opportunity to UK businesses and deliver on its core mission to grow the economy, as part of the Plan for Change.  

    UK Investment Minister Poppy Gustafsson is in Bangaluru on the second leg of a two-city visit to India to bang the drum for Britain, champion free trade and promote exciting investment opportunities in the UK economy.   

    Recent Indian investments in the UK cover a range of sectors including AI, professional services and textiles and are expected to create hundreds of new jobs over the next three years. 

    This continues the trend of strong Indian investment into the UK in recent years, with the last year-on-year change showing the value of inward FDI stock from India having increased 28% at the end of 2023. India has remained the second largest investor in terms of number of projects into the UK for five consecutive years. 

    The deals come as UK insurance companies gain more potential to expand in India thanks to the recent Indian budget which increased the amount of FDI permitted in the insurance sector from 74% to 100%. 

    Business and Trade Secretary Jonathan Reynolds said: 

    “These investment deals will deliver more than £100 million for the UK economy, creating jobs, strengthening growth, and helping working people.  

    “They prove that the government’s Plan for Change is giving Indian businesses the confidence they need to continue investing in Britain.  

    “Now the UK will strive to be more ambitious and collaborative than ever before as we show the world why the UK is the best place to invest.” 

    The investment announcements include: 

    • Aaseya Technologies, professional services company specialising in digital transformation through automation, is growing its presence in London and creating up to 250 new jobs over three years with a £25 million investment.  

    • Sastra Robotics is investing £8 million in Manchester over three years, creating 75 new jobs. The investment aims to expand the company’s robotics innovation and development. This is the first time a robotics company from South India has invested in the UK. 

    • AI CyberIntel company Deepcytes has set up its global headquarters in London, investing £5 million and creating 80 jobs in the next three years to combat problems of anti-bullying and cyber frauds.  

    • University Living, a global student housing managed marketplace, plan to open a new UK office, investing £10 million and creating 50 jobs over three years. 

    • One of the largest producers of hand-knotted rugs in India, Jaipur Rugs have opened a store in London and are looking to create 75 jobs through a £5 million investment over the next three years.  

    • Time Cinemas have established their global headquarters in the UK, introducing The Black Box by Time, an innovative, patent applied, cloud platform solution that empowers filmmakers, content creators, producers, and distributors to reach out to a much wider cinema audience across geographies. This expansion will create 75 new jobs in London over the next three years, supported by a capital expenditure of £20 million. 

    • Novigo solutions, a technology-focused organisation specialising in end-to-end IT services, technology consulting, business consulting, analytics, and robotic process automation, has started its operation in Warwick by investing £12 million and creating 75 jobs over three years.  

    • Test Yantra, one of India’s largest testing and training services companies, is investing £10 million and creating 100 jobs over the next three years.  

    • Zoondia software, a leading provider of technology solutions, AI solutions, custom software development, IOT, data analytics and resource augmentation areas, is investing £10 million and creating 60 jobs over three years.   

    Notes to editors 

    Updates to this page

    Published 26 February 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: UK firms rake in ‘tens of millions’ in exports to India

    Source: United Kingdom – Executive Government & Departments

    Press release

    UK firms rake in ‘tens of millions’ in exports to India

    Companies in the UK’s tech and life sciences sectors have announced expansions in India which will amount to tens of millions of pounds for the UK economy.

    • Over 600 UK companies, including in cutting-edge tech and life sciences sectors, are already based in India  

    • UK businesses exported a total of £17 billion goods and services to India in the 12 months to September 2024 

    • A trade deal which brings down barriers could make selling to this huge market easier and cheaper for businesses, delivering on the government’s Plan for Change 

    Companies in the UK’s tech and life sciences sectors are making huge strides in global markets and going for growth by announcing expansions in India. 

    UK tech and science firms are thriving thanks to deals and partnerships valued at tens of millions of pounds, involving everything from supplying internet-based learning to pupils in disadvantaged communities to helping improve outcomes for patients undergoing complex surgery in hospitals. 

    Trade Secretary Jonathan Reynolds has been in New Delhi this week, as the UK Government relaunched talks on a trade deal with India to bring more opportunity to UK businesses and deliver on its core mission to grow the economy, as part of the Plan for Change. 

    Already an economic heavyweight, India is expected to become the fourth largest importer by 2035, presenting new opportunities for UK businesses. In the year to September 2024, UK businesses exported a total of £17 billion goods and services to India. 

    Business and Trade Secretary Jonathan Reynolds said:  

    “Tech and life sciences are two huge growth sectors for the UK economy that feature at the heart of our Industrial Strategy.  

    “I’m proud that government support has helped some of our finest businesses in these sectors to expand into the exciting Indian market. 

    “It’s great to see them going for growth, and their successes will amount to tens of millions of pounds for the UK economy, which will see living standards improve, and put money in people’s pockets.” 

    UK businesses expanding their exports into India include: 

    • Manufacturer of RF solutions to mobile networks, defence, and aerospace markets Radio Design, headquartered in Shipley, has expanded its global operations with a manufacturing facility in India.   

    • Global Tech operations for Marcus Evans Group, London-based specialists in high-impact and bespoke events, are now established in Mumbai.  

    • Appliansys, an innovative tech company based in Coventry whose internet-based education supports students in low or no internet areas, has worked with Tata Motors and developed a pilot which will be used across almost 5,000 Indian schools.   

    • Leicester-based chemicals company Microfresh has now rolled out its smart antimicrobial technology across multiple Indian textile and leather players. 

    • A digital health tech business headquartered in London, Novocuris has begun operating in multiple Indian hospitals. 

    • Keele-based Biocomposites is supplying hospitals in India with its medical devices for use in complex bone, joint, and musculoskeletal infections. 

    • York business Optibiotix Health has entered into a long-term partnership with Morepen Laboratories with its brand “Light life” containing its patented, award-winning and clinically tested SlimBiome, used as a pre-meal and on-the-go meal product.  

    • REM3DY Health, a Birmingham based advanced manufacturing business has partnered with a leading Indian pharmacy giant to bring its innovative gummy vitamin products to India with discussions ongoing to expand into even more personalised solutions in the future.  

    Notes to editors: 

    Updates to this page

    Published 26 February 2025

    MIL OSI United Kingdom

  • MIL-OSI Europe: Europe, Ukraine, multilateralism, BRICS: Federal Council approves Foreign Policy Report 2024

    Source: Switzerland – Federal Council in English

    On 26 February 2025, the Federal Council approved the Foreign Policy Report 2024. The report sets out the progress that has been made in achieving the 28 objectives of the Foreign Policy Strategy 2024–27. A special thematic focus section examines the influence of the BRICS group of states (including Brazil, Russia, India, China and South Africa) on the world order and outlines Switzerland’s strategy for relations with those states.

    MIL OSI Europe News

  • MIL-OSI Australia: Boosting Australia’s economic ties with India

    Source: Minister for Trade

    The Albanese Government has today launched A New Roadmap for Australia’s Economic Engagement with India, to maximise Australia’s trade opportunities, benefit our businesses and consumers, secure our supply chains, and create jobs.

    India’s economy is on track to be the world’s third largest by 2030, and Australia is working to realise the enormous trade and investment opportunities that come with this.

    The Roadmap sets out a pathway to focus our ongoing efforts, including to boost two-way investment, and work with Indian-Australian communities and businesses. It identifies four ‘superhighways of growth’ in sectors where we have natural strengths and a competitive edge: clean energy, education and skills, agribusiness, and tourism.

    It also identifies nearly 50 specific opportunities to focus and accelerate our engagement across fields such as defence industries, sports, culture, space, and technology.

    To help kick start this ambitious plan, we are investing $16 million for a Australia-India Trade and Investment Accelerator Fund, which will help Australian business unlock new commercial opportunities in India.

    We are also investing an extra $4 million for our Maitri (‘friendship’) Grants program, enhancing our people-to-people, business-to-business and cultural links.

    Our free trade agreement with India, has saved Australian businesses hundreds of millions of dollars and is on track to save exporters around $2 billion in tariffs by the end of the year.

    The savings are having a direct impact for Australians, reducing costs at the checkout and creating local jobs.

    Australia continues to make progress in its negotiations with India on a new free trade agreement, which will unlock even more trade opportunities for Australian business.

    The Roadmap is informed by over 400 consultations across every state and territory, as well as in India.

    Imagery will be available from Department of Foreign Affairs and Trade Media Library, and a live stream of remarks on Department of Foreign Affairs and Trade Youtube channel.

    Quotes attributable to the Prime Minister Anthony Albanese:

    “India is an essential partner as we diversify our trade links to boost prosperity for all Australians.

    “This Roadmap is critical to helping us fully realise our potential with India, which will be a boon to Australia’s economy, our businesses and jobs, and our prosperity”

    Quotes attributable to Minister for Foreign Affairs, Senator Penny Wong:

    “Growing Australia’s economic security and diversifying our partnerships is a key element of our statecraft and central to our national interest.

    “By boosting our economic ties with India, we are not only creating more jobs and opportunities for Australians, we are advancing our shared interest in a peaceful, stable and prosperous Indo-Pacific”

    Quotes attributable to Minister for Trade and Tourism, Senator Don Farrell:

    “Australia has a rich and diverse Indian community, with strong personal and economic ties.

    “The potential of our relationship with India is almost unmatched, opening a fast growing market of over 1.4 billion people.

    “The Roadmap, the result of significant consultation with businesses and the community, offers a blueprint for Australian businesses to seize this extraordinary opportunity”

    MIL OSI News

  • MIL-OSI Economics: ADB Approves $200 Million Loan to Expand Urban Services in Kolkata, India

    Source: Asia Development Bank

    NEW DELHI, INDIA (26 February 2025) — The Asian Development Bank (ADB) has approved a $200 million loan to enhance the development of climate- and disaster-resilient sewerage and drainage infrastructure in Kolkata, aiming to improve the city’s livability.

    These interventions, which are part of the Kolkata Municipal Corporation Sustainability, Hygiene, and Resilience (Sector) Project, will improve living conditions and health outcomes, particularly for vulnerable groups including women and children, by reducing exposure to waterborne and vector-borne diseases, while also addressing flood risks.

    “The project builds on ADB’s 25-year partnership with the Kolkata Municipal Corporation (KMC), working to make Kolkata a more livable city through phased, integrated investments to improve urban services, operational efficiency, institutional effectiveness, and long-term sustainability,” said ADB Water and Urban Development Portfolio Management Unit Head Hikaru Shoji.  “As the next phase of our urban development efforts in Kolkata, this project builds on earlier initiatives to expand sewerage and drainage infrastructure, improve hygiene conditions, and strengthen KMC’s governance and revenue generation efforts.”

    Kolkata, one of India’s most populous and densely populated cities, faces significant challenges due to inadequate drainage and sewerage systems, causing urban floods and unhygienic environment. These issues are exacerbated by increased heavy rains due to climate change.

    To address these challenges, the project will construct 84 kilometers (km) of combined trunk and secondary sewerage and drainage pipelines, 176 km of combined lateral sewerage and drainage pipelines up to customer connections, and 50,000 household sewer connections. It will construct one sewage treatment plant and five pumping stations. The project will benefit over 277,000 residents.

    In addition, the project will support KMC in developing a comprehensive IT-based asset management system, enhance property tax revenue, expand the early flood warning system developed through an earlier ADB intervention, raise community awareness on water, sanitation, and hygiene and support women’s employment through skills training and internship program.

    ADB is a leading multilateral development bank supporting sustainable, inclusive, and resilient growth across Asia and the Pacific. Working with its members and partners to solve complex challenges together, ADB harnesses innovative financial tools and strategic partnerships to transform lives, build quality infrastructure, and safeguard our planet. Founded in 1966, ADB is owned by 69 members—49 from the region.

    MIL OSI Economics

  • MIL-OSI Australia: Address to the Super Summit

    Source: Australian Treasurer

    From capital markets to critical minerals, trade to technology, manufacturing to infrastructure.

    This Summit is about stronger returns and stronger economic ties between 2 great countries.

    So thank you, Ambassador Rudd, for the invitation, for the introduction and for all your work with officials to bring us together in DC to talk about the big opportunities before us.

    In partnership with my friend Heather Ridout – our Consul‑General, who will host you tomorrow in New York.

    And generously sponsored by Macquarie, represented here by Shemara – Australia has a tradition of outstanding business leaders, and Shemara exemplifies it.

    To all the representatives from Australian and US funds, peak bodies and investors who have taken the time to join us today – welcome.

    It’s a special honour to be joined by Treasury Secretary Scott Bessent.

    President Trump told our Prime Minister he would make sure his top people were at this summit.

    They are, and I’m looking forward to introducing Secretary Bessent as our keynote speaker in a moment.

    But first, let me take a few minutes to talk you through why I think this summit is so important, and so timely.

    Not just as a way to explore mutually beneficial investment opportunities.

    But as a powerful demonstration of the strategic and economic alignment between our 2 countries which has done so much to secure prosperity for our people.


    This summit has gathered together some of the key stewards of capital across the United States and Australia.

    Our super fund representatives here today manage almost a trillion US dollars.

    The US companies and investment firms here have a market cap of at least $1.8 trillion.

    And over the course of these 2 days in DC, we’ll be joined by Governors and Congressional representatives from 5 US states – Illinois, Florida, Tennessee, California and Connecticut – that make up more than a quarter of the American economy.

    It’s a remarkable collection of capital and capability.

    So together, you represent very substantial investment opportunities.

    To collaborate on capital flows towards roads and bridges, energy infrastructure and data centres.


    To highlight a point made by Secretary Bessent in the Economist:

    Longstanding trusted allies with shared interests make the best economic partners.

    Across 14 Presidents and 16 Prime Ministers, Australia and America have sought to create a more peaceful, prosperous world – together.

    By the time the ANZUS treaty was signed in 1952, Australia and America had already partnered to shape the post‑war order of Bretton Woods.

    And we collaborated to bring about a period of relative calm after the Cold War that we both benefitted from.

    Through all of this we invested in each other’s success.

    Ford played a major role in the shift of Australia’s economy from primary industries to a stronger manufacturing base in the twentieth century.

    Macquarie Group pioneered private infrastructure investment in both of our countries.

    And BlueScope started its US operations – leading to $5 billion of investment in American steel.

    The last 17 years or so have presented more challenges, starting with the Global Financial Crisis.

    But together, we’ve weathered 3 major economic shocks, war and geopolitical tensions with remarkable resilience.

    Australia and the United States are 2 of the best positioned economies in the world right now.

    Our economies are both growing, inflation is down, and our labour markets strong.

    What makes that unusual around the world, and in historical terms, is we haven’t had to pay for this progress on inflation with much higher unemployment in our economies.

    This is a unique combination and a sound foundation that positions us to be the primary beneficiaries of the churn and change which defines uncertain times in the global economy.

    And to make the most of the 5 big shifts we identified in our own Intergenerational Report that will define the coming decades.

    Supply chain fragmentation, revolutions in energy, the acceleration of AI, an ageing population and the associated changes to our industrial base.

    Amidst this churn and change, we’re an island of dependability in a sea of uncertainty.


    This American–Australian partnership is full of shared interests, mutual benefits and enormous opportunity.

    Australia has and will be an essential contributor to US prosperity.

    Our economic partnership is mutually beneficial and has never been more critical.

    The US has enjoyed an uninterrupted trade surplus with Australia since 1952, currently two‑to‑one.

    We impose zero tariffs on US imports.

    Around half of our exports are inputs into American domestic production processes.

    We can supply 36 of the 50 minerals the United States lists as critical – for advanced technology and defence.

    Under AUKUS, we’re paying our own way at the same time as bolstering our defence capability.

    We are already one of America’s top 10 foreign investors.

    And we have trillions of patient, friendly pension capital ready to invest in the new opportunities that lie before us.


    Above all else, this is the reason we’re here today.

    In Australia, super, or pension savings, have been building steadily now over a long period of time.

    And what was around 100 billion US dollars a few decades ago has now grown to a pool of capital worth $2.6 trillion.

    At home, that helps us take pressure off public pensions and budgets.

    It funds decent, dignified retirements for our people.

    And it’s helped make us a net exporter of capital.

    Australia’s superannuation sector manages the fourth biggest pool of pension funds in the world.

    Larger than the capital controlled by the sovereign wealth funds of the United Arab Emirates and Saudi Arabia – combined.

    Even more remarkable to be in the top 4 when you consider we don’t crack the 50 biggest countries by population and we’re ranked 14th by GDP.

    This pool of capital has and will keep on identifying and making the most of investment opportunities at home – in housing, in energy, in technology and in infrastructure.

    In the next 3 decades, Australia’s super pool could be almost two‑and‑a‑half times the size of the Australian economy.

    Increasingly this means capital needs to be deployed abroad too – in markets which are safe, well‑capitalised and can deliver the right risk‑adjusted returns.

    Markets like this one.

    That’s why it’s no surprise that America is the biggest international destination for Australian super fund capital.

    The current value of Australian super fund investments in the US is around $400 billion – due to reach $1 trillion over the next decade.

    So, Australia’s superannuation sector has the size, scale and presence to play a big role driving new American industries and creating jobs.

    By investing in deep and liquid US equity markets.

    And directly in your infrastructure too.

    Data centres in Las Vegas.

    Toll roads in Indiana.

    Container terminals in Long Beach.

    And more.

    Our funds want to partner with other investors in the US and beyond to finance these kinds of projects.

    Which is why we also have a vision to build Australia’s stature as a financial centre for the Indo‑Pacific.

    Australia has the talent, the financial infrastructure and the institutional capability to mobilise capital efficiently –

    Facilitating capital flows, structuring investments and directing funds to where they can generate the best returns.

    And we look forward to working with the people in this room to help us realise this potential.


    Now, it’s almost time to hear from Treasury Secretary Bessent.

    So let me say a few words about the meeting we wrapped up just an hour or so ago with Director Hassett.

    I was grateful for the very constructive conversation.

    And grateful we were able to cover so much ground over the course of an hour or so.

    We continued the discussion on tariffs, picking up from President Trump’s call with Prime Minister Albanese just over a fortnight ago.

    We also spoke about critical minerals.

    How Australian resources can help fuel American industry and advanced manufacturing.

    And the need to create secure, sustainable, reliable and resilient supply chains.

    And how investors can continue to drive growth and dynamism in both our economies.

    With patient, productive investment that bolsters industry, maintains our edge in the global economy, strengthens resilience, and creates jobs and opportunity.

    Secretary, I was struck by the words you used towards the end of your confirmation hearing.

    ‘I think it’s Main Street’s time.’

    That motivation is at the heart of this summit.

    From Main Street to Middle Australia –

    Stronger returns and stronger ties in the service of both countries together.

    In what will be a defining decade for us all.

    To hear more about all of that, please join me in warmly welcoming the US Treasury Secretary, Scott Bessent.

    MIL OSI News

  • MIL-Evening Report: Tibet is one of the most linguistically diverse places in the world. This is in danger of extinction

    Source: The Conversation (Au and NZ) – By Gerald Roche, Lecturer in Linguistics, La Trobe University

    Three days after he was released from prison in December, a Tibetan village leader named Gonpo Namgyal died. As his body was being prepared for traditional Tibetan funeral rites, marks were found indicating he had been brutally tortured in jail.

    His crime? Gonpo Namgyal had been part of a campaign to protect the Tibetan language in China.

    Gonpo Namgyal is the victim of a slow-moving conflict that has dragged on for nearly 75 years, since China invaded Tibet in the mid-20th century. Language has been central to that conflict.

    Tibetans have worked to protect the Tibetan language and resisted efforts to enforce Mandarin Chinese. Yet, Tibetan children are losing their language through enrolment in state boarding schools where they are being educated nearly exclusively in Mandarin Chinese. Tibetan is typically only taught a few times a week – not enough to sustain the language.

    My research, published in a new book in 2024, provides unique insights into the struggle of other minority languages in Tibet that receive far less attention.

    My research shows that language politics in Tibet are surprisingly complex and driven by subtle violence, perpetuated not only by Chinese authorities but also other Tibetans. I’ve also found that outsiders’ efforts to help are failing the minority languages at the highest risk of extinction.

    Tibetan culture under attack

    I lived in Ziling, the largest city on the Tibetan Plateau, from 2005 to 2013, teaching in a university, studying Tibetan and supporting local non-government organisations.

    Most of my research since then has focused on language politics in the Rebgong valley on the northeast Tibetan Plateau. From 2014 to 2018, I interviewed dozens of people, spoke informally with many others, and conducted hundreds of household surveys about language use.

    I also collected and analysed Tibetan language texts, including government policies, online essays, social media posts and even pop song lyrics.

    When I was in Ziling, Tibetans launched a massive protest movement against Chinese rule just before the Beijing Olympics in 2008. These protests led to harsh government crackdowns, including mass arrests, increased surveillance, and restrictions on freedom of movement and expressions of Tibetan identity. This was largely focused on language and religion.

    Years of unrest ensued, marked by more demonstrations and individual acts of sacrifice. Since 2009, more than 150 Tibetans have set themselves on fire to protest Chinese rule.

    Not just Tibetan under threat

    Tibet is a linguistically diverse place. In addition to Tibetan, about 60 other languages are spoken in the region. About 4% of Tibetans (around 250,000 people) speak a minority language.

    Government policy forces all Tibetans to learn and use Mandarin Chinese. Those who speak only Tibetan have a harder time finding work and are faced with discrimination and even violence from the dominant Han ethnic group.

    Meanwhile, support for Tibetan language education has slowly been whittled away: the government even recently banned students from having private Tibetan lessons or tutors on their school holidays.

    Linguistic minorities in Tibet all need to learn and use Mandarin. But many also need to learn Tibetan to communicate with other Tibetans: classmates, teachers, doctors, bureaucrats or bosses.

    In Rebgong, where I did my research, the locals speak a language they call Manegacha. Increasingly, this language is being replaced by Tibetan: about a third of all families that speak Manegacha are now teaching Tibetan to their children (who also must learn Mandarin).

    The government refuses to provide any opportunities to use and learn minority languages like Manegacha. It also tolerates constant discrimination and violence against Manegacha speakers by other Tibetans.

    These assimilationist state policies are causing linguistic diversity across Tibet to collapse. As these minority languages are lost, people’s mental and physical health suffers and their social connections and communal identities are destroyed.

    How do Manegacha communities resist and navigate language oppression?

    Why does this matter?

    Tibetan resistance to Chinese rule dates back to the People’s Liberation Army invasion in the early 1950s.

    When the Dalai Lama fled to India in 1959, that resistance movement went global. Governments around the world have continued to support Tibetan self-determination and combat Chinese misinformation about Tibet, such as the US Congress passage of the Resolve Tibet Act in 2024.

    Outside efforts to support the Tibetan struggle, however, are failing some of the most vulnerable people: those who speak minority languages.

    Manegacha speakers want to maintain their language. They resist the pressure to assimilate whenever they speak Manegacha to each other, post memes online in Manegacha or push back against the discrimination they face from other Tibetans.

    However, if Tibetans stop speaking Manegacha and other minority languages, this will contribute to the Chinese government’s efforts to erase Tibetan identity and culture.

    Even if the Tibetan language somehow survives in China, the loss of even one of Tibet’s minority languages would be a victory for the Communist Party in the conflict it started 75 years ago.

    Gerald Roche has received funding for this research from the Australian Research Council. He is also affiliated with the Linguistic Justice Foundation.

    ref. Tibet is one of the most linguistically diverse places in the world. This is in danger of extinction – https://theconversation.com/tibet-is-one-of-the-most-linguistically-diverse-places-in-the-world-this-is-in-danger-of-extinction-246316

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI USA: Crapo Joins Risch to Introduce Bill to End Taxpayer Funded Handouts to Illegal Immigrants

    US Senate News:

    Source: United States Senator for Idaho Mike Crapo

    Washington, D.C.–U.S. Senator Mike Crapo (R-Idaho) joined Senator Jim Risch (R-Idaho) in introducing the No Bailout for Sanctuary Cities Act, which would block federal funding to sanctuary cities intended to benefit illegal immigrants.
    The bill aligns with President Trump’s Executive Order “Ending Taxpayer Subsidization of Open Borders,” which blocks federal agencies and programs from providing taxpayer-funded services to illegal immigrants.
    “Not a single taxpayer dollar should be used to provide unwarranted hand-outs to non-citizen migrants or to cities giving them any unearned financial advantages,” said Crapo.  “Federal resources should be used to secure the borders, not invite and encourage illegal immigration.”
    “Sanctuary cities abuse taxpayer dollars and fuel the illegal immigration crisis,” said Risch.  “My No Bailout for Sanctuary Cities Act stops these jurisdictions from using federal funding to directly give handouts to illegal immigrants.” 
    Additional co-sponsors of the legislation include Senators Steve Daines (R-Montana), Tim Sheehy (R-Montana), Eric Schmitt (R-Missouri), Pete Ricketts (R-Nebraska), Mike Lee (R-Utah), Jim Banks (R-Indiana) and Cindy Hyde-Smith (R-Mississippi).  Representative Nick LaLota (R-New York) introduced companion legislation in the U.S. House of Representatives.
    The No Bailout for Sanctuary Cities Act would:
    Define “sanctuary jurisdiction” as any local or state government entity that withholds information regarding an individual’s citizenship status from federal, state or other local authorities; and
    Prevent sanctuary jurisdictions from receiving federal funds for the specific benefit of illegal immigrants.

    MIL OSI USA News

  • MIL-OSI: First Commerce Bancorp, Inc. Announces Additions to Its Board and Management

    Source: GlobeNewswire (MIL-OSI)

    LAKEWOOD, N.J., Feb. 25, 2025 (GLOBE NEWSWIRE) — First Commerce Bancorp, Inc., (the “Company”) (OTC: CMRB), the holding company for First Commerce Bank, (the “Bank”), proudly announces the addition of several individuals to the Bank’s Board of Directors and Management Team. The Bank has added two new members to its Board of Directors: Mr. Aaron Bookman and Mr. Stanley Koreyva.

    Commenting on their attributes and experience, Chairman Thomas P. Bovino remarked, “Mr. Bookman, a seasoned corporate finance executive and CPA, brings over 25 years of experience leading large public companies. With deep roots in the Lakewood community, he has demonstrated a strong commitment to both shareholder value and corporate governance. His expertise in financial strategy and operational leadership will enhance the Board’s ability to navigate today’s dynamic financial landscape. Mr. Koreyva, a former senior banking executive, brings many years of successful and disciplined banking and regulatory experience to the Board with a fresh and independent perspective regarding relationship building and value creation. His extensive familiarity of industry challenges will assist the independent Board members in understanding the intricate aspects of today’s banking environment. We welcome both gentlemen to our Board of Directors and look forward to their contributions in the many diverse facets of the complex industry and communities that we endeavor to serve.”

    Additionally, the Bank has recently bolstered its Business Development and Risk Management teams by hiring several successful senior level Business Development Officers, Community Banking Specialists and Risk Professionals. With respect to Business Development and Relationship Management, the Bank has hired: Mr. Leonard Allen, VP/Business Banking Officer; Mr. Daniel Dunn, VP/Treasury Management Officer; Mr. Matteo DiGrigoli, Retail Sales & Service Officer; Ms. Wendy Glatz-Akmentins, AVP/Branch Manager and Mr. Logan Cheow, AVP/Relationship Manager. The hiring of these experienced bankers demonstrates the Bank’s continued commitment to a superior customer experience by offering quality personalized service to our business and retail clients.

    Further, as the Bank continues its organic growth by providing a more diverse menu of products and services for its clients, it is imperative that the Bank maintain robust risk management protocols. To that effect, the Bank acquired the services of Daniel Beagle, SVP/Chief Risk Officer to oversee the Risk Management function of the Bank. Mr. Beagle has a proven track record in effectively managing risk over his 30+ years in the banking and insurance industries.  

    On the acquisition of their talents, President & CEO Donald Mindiak commented, “through the disruption created by recent merger and acquisition activity within our industry, the Bank was able to secure the services of these exceptionally talented and experienced banking professionals. Each brings a distinctly unique and comprehensive skill set to our Bank, with a dedication to professionalism and service to customer and community alike. We are extremely proud of these hires and look forward to their positive contribution of creating an enhanced customer service experience as well as a heightened level of value creation for our shareholder base.”

    About First Commerce Bancorp, Inc.

    First Commerce Bancorp, Inc, is a financial services organization headquartered in Lakewood, New Jersey. The Bank, the Company’s wholly owned subsidiary, provides businesses and individuals a wide range of loans, deposit products and retail and commercial banking services through its branch network located in Allentown, Bordentown, Closter, Englewood, Fairfield, Freehold, Jackson, Lakewood, Robbinsville and Teaneck, New Jersey. For more information, please go to www.firstcommercebk.com.

    Forward-Looking Statements

    This release, like many written and oral communications presented by First Commerce Bancorp Inc., and our authorized officers, may contain certain forward-looking statements regarding our prospective performance and strategies within the meaning of Section 27A of the Securities Act of 1933 as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and are including this statement for purposes of said safe harbor provisions. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations of the Company, are generally identified by use of the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” “project,” “seek,” “strive,” “try,” or future or conditional verbs such as “could,” “may,” “should,” “will,” “would,” or similar expressions. Our ability to predict results or the actual effects of our plans or strategies is inherently uncertain. Accordingly, actual results may differ materially from anticipated results.

    In addition to the factors previously disclosed in prior Bank communications and those identified elsewhere, the following factors, among others, could cause actual results to differ materially from forward-looking statements or historical performance: the impact of changes in interest rates and in the credit quality and strength of underlying collateral and the effect of such changes on the market value of First Commerce Bank’s investment securities portfolio; changes in asset quality and credit risk; the inability to sustain revenue and earnings growth; difficult market conditions and unfavorable economic trends in the United States generally, and particularly in the market areas in which First Commerce Bank operates and in which its loans are concentrated, including the effects of declines in housing market values; the effects of the recent turmoil in the banking industry (including the failures of two financial institutions); inflation; customer acceptance of the Bank’s products and services; customer borrowing, repayment, investment and deposit practices; customer disintermediation; the introduction, withdrawal, success and timing of business initiatives; competitive conditions; the inability to realize cost savings or revenues or to implement integration plans and other consequences associated with certain corporate initiatives; economic conditions; and the impact, extent and timing of technological changes, capital management activities, and actions of governmental agencies and legislative and regulatory actions and reforms and the impact of a potential shutdown of the federal government.        

    Media Contact:

    Donald Mindiak
    President and Chief Executive Officer 
    dmindiak@firscommercebk.com

    The MIL Network

  • MIL-OSI: Flywire Reports Fourth Quarter and Fiscal-Year 2024 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    Fourth Quarter Revenue Increased 17.0% Year-over-Year

    Fourth Quarter Revenue Less Ancillary Services Increased 17.4% Year-over-Year

    Company Provides First Quarter and Fiscal-Year 2025 Outlook

    BOSTON, Feb. 25, 2025 (GLOBE NEWSWIRE) — Flywire Corporation (Nasdaq: FLYW) (“Flywire” or the “Company”) a global payments enablement and software company, today reported financial results for its fourth quarter and fiscal-year ended December 31, 2024.

    “Our fourth quarter results capped off another strong year for Flywire as we continued to grow the business while navigating a complex macro environment with significant headwinds,” said Mike Massaro, CEO of Flywire, “We continued to focus on business and bottom line growth and generated 17% revenue growth and 680 bps adjusted EBITDA margin growth in the quarter.”

    “Looking ahead, we’re focused on driving effectiveness and discipline throughout our global business. We will be undertaking an operational and business portfolio review. The operational review will help ensure we are efficient and effective, with a focus on driving productivity and optimizing investments across all areas. Our comprehensive business portfolio review will focus on Flywire’s core strengths – such as complex, large-value payment processing, our global payment network, and verticalized software.”

    “One of the efficiency measures we are undertaking is a restructuring, which impacts approximately 10% of our workforce. It is difficult to say goodbye to so many FlyMates, and I want to thank them for their hard work as we endeavor to support them throughout this transition.”

    “As we refocus our teams on areas that we believe will drive Flywire’s future growth, we are excited to announce the acquisition of Sertifi, which is expected to accelerate the expansion of our fast-growing Travel vertical. Sertifi augments our travel product offering with a leading dedicated hotel property management system integration and expands our footprint across more than 20,000 hotel locations worldwide.”

    Fourth Quarter 2024 Financial Highlights:

    GAAP Results

    • Revenue increased 17.0% to $117.6 million in the fourth quarter of 2024, compared to $100.5 million in the fourth quarter of 2023.
    • Gross Profit increased to $74.3 million, resulting in Gross Margin of 63.2%, for the fourth quarter of 2024, compared to Gross Profit of $61.8 million and Gross Margin of 61.5% in the fourth quarter of 2023.
    • Net loss was ($15.9) million in the fourth quarter of 2024, compared to net income of $1.3 million in the fourth quarter of 2023.

    Key Operating Metrics and Non-GAAP Results

    • Number of clients grew by 16%year-over-year, with over 180 new clients added in the fourth quarter of 2024.
    • Total Payment Volume increased 27.6% to $6.9 billion in the fourth quarter of 2024, compared to $5.4 billion in the fourth quarter of 2023.
    • Revenue Less Ancillary Services increased 17.4% to $112.8 million in the fourth quarter of 2024, compared to $96.1 million in the fourth quarter of 2023.
    • Adjusted Gross Profit increased to $75.6 million, up 19.1% compared to $63.5 million in the fourth quarter of 2023. Adjusted Gross Margin was 67.0% in the fourth quarter of 2024 compared to 66.1% in the fourth quarter of 2023.
    • Adjusted EBITDA increased to $16.7 million in the fourth quarter of 2024, compared to $7.7 million in the fourth quarter of 2023. Our adjusted EBITDA margins increased 680 bps year-over-year to 14.8% in the fourth quarter of 2024.

    2024 Business Highlights:

    • We signed more than 800 new clients in fiscal-year 2024 surpassing the 700 new clients signed in fiscal-year 2023.
    • Our transaction payment volume grew by 23.6% year-over-year to $29.7 billion
    • Our global education vertical, continued to strengthen in a number of core geographies, with U.K. region outperformance driven by new clients and net revenue retention; accompanied by growth in our network of international recruitment agents to further connect our ecosystem of clients, agents and payers
    • Our travel vertical grew into our second largest vertical in terms of revenue less ancillary services, and we generated strong growth most notably with EMEA and APAC based Tour Operators and DMC providers, particularly in our new sub vertical of ocean experiences.
    • Our business-to-business vertical continued its strong organic growth, enhanced by the acquisition of Invoiced.
    • We further optimized our global payment network to enable vertical growth with a focus on new acceptance rails, market localization and expanded network coverage. This included continued support of our strategic payer markets like India and China, enhancing our offerings to digitize the disbursement of student loans from India and strengthening partnerships with India’s three largest banks.
    • We repurchased 2.3 million shares for approximately $44 million, inclusive of commissions, under our share repurchase program announced on August 6th, 2024.

    First Quarter and Fiscal-Year 2025 Outlook:

    “Effective execution drove both revenue growth and margin expansion in 2024, in spite of significant macroeconomic challenges” said Flywire’s CFO, Cosmin Pitigoi. “For our 2025 financial outlook, we project revenue less ancillary services growth of 10-14% on an FX-neutral (constant currency) basis, and a 200-400 basis point increase in adjusted EBITDA margin. We expect approximately 3 percentage points of headwind from FX throughout the year.  This guidance excludes the contributions from the Sertifi acquisition, as well as any potential lessening of the macroeconomic headwinds. We are particularly encouraged by the anticipated performance of our combined travel vertical, as well as the emerging B2B vertical, both of which are expected to exceed our historical growth rate for the applicable vertical”

    Based on information available as of February 25, 2025, Flywire anticipates the following results for the first quarter and fiscal-year 2025 excluding Sertifi.

      Fiscal-Year 2025
    FX-Neutral GAAP Revenue Growth 9-13% YoY
    FX-Neutral Revenue Less Ancillary Services Growth 10-14% YoY
    Adjusted EBITDA* Margin Growth +200-400 bps YoY
       
      First Quarter 2025
    FX-Neutral GAAP Revenue Growth 10-13% YoY
    FX-Neutral Revenue Less Ancillary Services Growth 11-14% YoY
    Adjusted EBITDA* Margin Growth +300-600 bps YoY
       

    “Based on Sertifi’s historical financials, we currently expect the acquisition to provide incremental revenue of $3.0-4.0 million and $30.0-40.0 million in revenue  in the first quarter and fiscal year 2025, respectively.  In addition, we currently expect the Sertifi acquisition to have a flat to slightly positive effect on adjusted EBITDA and positive (low single–digit million) effect on adjusted EBITDA, in the first quarter and fiscal year 2025, respectively, as we plan to invest in the combined solution during 2025.”

    *Flywire has not provided a quantitative reconciliation of forecasted Adjusted EBITDA Margin growth to forecasted GAAP Net Income Margin growth within this earnings release because Flywire is unable, without making unreasonable efforts, to calculate certain reconciling items with confidence. These items include, but are not limited to income taxes which are directly impacted by unpredictable fluctuations in the market price of Flywire’s stock and in foreign currency exchange rates.

    These statements are forward-looking and actual results may differ materially. Refer to the “Safe Harbor Statement” below for information on the factors that could cause Flywire’s actual results to differ materially from these forward-looking statements.

    Conference Call

    The Company will host a conference call to discuss fourth quarter and fiscal-year 2024 financial results today at 5:00 pm ET. Hosting the call will be Mike Massaro, CEO, Rob Orgel, President and COO, and Cosmin Pitigoi, CFO. The conference call can be accessed live via webcast from the Company’s investor relations website at https://ir.flywire.com/. A replay will be available on the investor relations website following the call.

    Note Regarding Share Repurchase Program

    Repurchases under the Company’s share repurchase program (the Repurchase Program) may be made from time to time through open market purchases, in privately negotiated transactions or by other means, including through the use of trading plans intended to qualify under Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, in accordance with applicable securities laws and other restrictions, including Rule 10b-18. The timing, value and number of shares repurchased will be determined by the Company in its discretion and will be based on various factors, including an evaluation of current and future capital needs, current and forecasted cash flows, the Company’s capital structure, cost of capital and prevailing stock prices, general market and economic conditions, applicable legal requirements, and compliance with covenants in the Company’s credit facility that may limit share repurchases based on defined leverage ratios. The Repurchase Program does not obligate the Company to purchase a specific number of, or any, shares.  The Repurchase Program does not expire and may be modified, suspended or terminated at any time without notice at the Company’s discretion.

    Key Operating Metrics and Non-GAAP Financial Measures

    Flywire uses non-GAAP financial measures to supplement financial information presented on a GAAP basis. The Company believes that excluding certain items from its GAAP results allows management to better understand its consolidated financial performance from period to period and better project its future consolidated financial performance as forecasts are developed at a level of detail different from that used to prepare GAAP-based financial measures. Moreover, Flywire believes these non-GAAP financial measures provide its stakeholders with useful information to help them evaluate the Company’s operating results by facilitating an enhanced understanding of the Company’s operating performance and enabling them to make more meaningful period to period comparisons. There are limitations to the use of the non-GAAP financial measures presented here. Flywire’s non-GAAP financial measures may not be comparable to similarly titled measures of other companies. Other companies, including companies in Flywire’s industry, may calculate non-GAAP financial measures differently, limiting the usefulness of those measures for comparative purposes.

    Flywire uses supplemental measures of its performance which are derived from its consolidated financial information, but which are not presented in its consolidated financial statements prepared in accordance with GAAP. These non-GAAP financial measures include the following:

    • Revenue Less Ancillary Services.  Revenue Less Ancillary Services represents the Company’s consolidated revenue in accordance with GAAP after excluding (i) pass-through cost for printing and mailing services and (ii) marketing fees. The Company excludes these amounts to arrive at this supplemental non-GAAP financial measure as it views these services as ancillary to the primary services it provides to its clients.
    • Adjusted Gross Profit and Adjusted Gross Margin.  Adjusted gross profit represents Revenue Less Ancillary Services less cost of revenue adjusted to (i) exclude pass-through cost for printing services, (ii) offset marketing fees against costs incurred and (iii) exclude depreciation and amortization, including accelerated amortization on the impairment of customer set-up costs tied to technology integration. Adjusted Gross Margin represents Adjusted Gross Profit  divided by Revenue Less Ancillary Services. Management believes this presentation supplements the GAAP presentation of Gross Margin with a useful measure of the gross margin of the Company’s payment-related services, which are the primary services it provides to its clients.
    • Adjusted EBITDA.  Adjusted EBITDA represents EBITDA further adjusted by excluding (i) stock-based compensation expense and related payroll taxes, (ii) the impact from the change in fair value measurement for contingent consideration associated with acquisitions,(iii) gain (loss) from the remeasurement of foreign currency, (iv) indirect taxes related to intercompany activity, (v) acquisition related transaction costs, and (vi) employee retention costs, such as incentive compensation, associated with acquisition activities. Management believes that the exclusion of these amounts to calculate Adjusted EBITDA provides useful measures for period-to-period comparisons of the Company’s business. We calculate adjusted EBITDA margin by dividing adjusted EBITDA by Revenue Less Ancillary Services.
    • Revenue Less Ancillary Services at Constant Currency.  Revenue Less Ancillary Services at Constant Currency represents Revenue Less Ancillary Services adjusted to show presentation on a constant currency basis. The constant currency information presented is calculated by translating current period results using prior period weighted average foreign currency exchange rates.  Flywire  analyzes Revenue Less Ancillary Services on a constant currency basis to provide a comparable framework for assessing how the business performed excluding the effect of foreign currency fluctuations.
    • Non-GAAP Operating Expenses – Non-GAAP Operating Expenses represents GAAP Operating Expenses adjusted by excluding (i) stock-based compensation expense and related payroll taxes, (ii) depreciation and amortization, (iii) acquisition related transaction costs, if applicable, (iv) employee retention costs, such as incentive compensation, associated with acquisition activities and (v) the impact from the change in fair value measurement for contingent consideration associated with acquisitions.

    These non-GAAP financial measures are not meant to be considered as indicators of performance in isolation from or as a substitute for the Company’s revenue, gross profit, gross margin or net income (loss), or operating expenses prepared in accordance with GAAP and should be read only in conjunction with financial information presented on a GAAP basis. Reconciliations of Revenue Less Ancillary Services, Revenue Less Ancillary Services at Constant Currency, Adjusted Gross Profit, Adjusted Gross Margin, Adjusted EBITDA and non-GAAP Operating Expenses to the most directly comparable GAAP financial measure are presented below. Flywire encourages you to review these reconciliations in conjunction with the presentation of the non-GAAP financial measures for each of the periods presented. In future fiscal periods, Flywire may exclude such items and may incur income and expenses similar to these excluded items. Flywire has not provided a quantitative reconciliation of forecasted Adjusted EBITDA Margin growth to forecasted GAAP Net Income growth within this earnings release because it is unable, without making unreasonable efforts, to calculate certain reconciling items with confidence. These items include but are not limited to income taxes which are directly impacted by unpredictable fluctuations in the market price of Flywire’s stock and in foreign exchange rates.  For figures in this press release reported on an “FX-Neutral basis,” Flywire calculates the year-over-year impact of foreign currency movements using prior period weighted average foreign currency rates.

    About Flywire

    Flywire is a global payments enablement and software company. We combine our proprietary global payments network, next-gen payments platform and vertical-specific software to deliver the most important and complex payments for our clients and their customers.

    Flywire leverages its vertical-specific software and payments technology to deeply embed within the existing A/R workflows for its clients across the education, healthcare and travel vertical markets, as well as in key B2B industries. Flywire also integrates with leading ERP systems, such as NetSuite, so organizations can optimize the payment experience for their customers while eliminating operational challenges.

    Flywire supports approximately 4,500** clients with diverse payment methods in more than 140 currencies across 240 countries and territories around the world. Flywire is headquartered in Boston, MA, USA with global offices. For more information, visit www.flywire.com. Follow Flywire on X (formerly known as Twitter), LinkedIn and Facebook.

    **Excludes clients from Flywire’s Invoiced and Sertifi acquisitions

    Safe Harbor Statement

    This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding Flywire’s future operating results and financial position, Flywire’s business strategy and plans, market growth, and Flywire’s objectives for future operations. Flywire intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terms such as, but not limited to, “believe,” “may,” “will,” “potentially,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “would,” “project,” “target,” “plan,” “expect,” or the negative of these terms, and similar expressions intended to identify forward-looking statements. Such forward-looking statements are based upon current expectations that involve risks, changes in circumstances, assumptions, and uncertainties. Important factors that could cause actual results to differ materially from those reflected in Flywire’s forward-looking statements include, among others, Flywire’s future financial performance, including its expectations regarding FX-Neutral GAAP Revenue Growth, FX-Neutral Revenue Less Ancillary Services Growth, and Adjusted EBITDA Margin Growth and foreign exchange rates.  Risks that may cause actual results to differ materially from these forward looking statements include, but are not limited to: Flywire’s  ability to execute its business plan and effectively manage its growth; Flywire’s cross-border expansion plans and ability to expand internationally; anticipated trends, growth rates, and challenges in Flywire’s business and in the markets in which Flywire operates; the  sufficiency of Flywire’s cash and cash equivalents to meet its liquidity needs;  political, economic, foreign currency exchange rate, inflation, legal, social and health risks, that may affect Flywire’s business or the global economy; Flywire’s beliefs and objectives for future operations; Flywire’s ability to develop and protect its brand; Flywire’s ability to maintain and grow the payment volume that it processes; Flywire’s ability to further attract, retain, and expand its client base; Flywire’s ability to develop new solutions and services and bring them to market in a timely manner; Flywire’s expectations concerning relationships with third parties, including financial institutions and strategic partners; the effects of increased competition in Flywire’s markets and its ability to compete effectively; recent and future acquisitions or investments in complementary companies, products, services, or technologies; Flywire’s ability to enter new client verticals, including its relatively new business-to-business  sector; Flywire’s expectations regarding anticipated technology needs and developments and its ability to address those needs and developments with its solutions; Flywire’s expectations regarding its ability to meet existing performance obligations and maintain the operability of its solutions; Flywire’s expectations regarding the effects of existing and developing laws and regulations, including with respect to payments and financial services, taxation, privacy and data protection; economic and industry trends, projected growth, or trend analysis; the effects of global events and geopolitical conflicts, including without limitation the continuing hostilities in Ukraine and involving Israel; Flywire’s ability to adapt to  changes in U.S. federal income or other tax laws or the interpretation of tax laws, including the Inflation Reduction Act of 2022;  Flywire’s ability to attract and retain qualified employees; Flywire’s ability to maintain, protect, and enhance its intellectual property; Flywire’s ability to maintain the security and availability of its solutions; the increased expenses associated with being a public company; the future market price of Flywire’s common stock; and other factors that are described in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of Flywire’s Annual Report on Form 10-K for the year ended December 31, 2023, and Quarterly Report on Form 10-Q for the quarter ended September 30, 2024, which are on file with the Securities and Exchange Commission (SEC) and available on the SEC’s website at https://www.sec.gov/. Additional factors may be described in those sections of Flywire’s Annual Report on Form 10-K for the year ended December 31, 2024, expected to be filed in the first quarter of 2025. The information in this release is provided only as of the date of this release, and Flywire undertakes no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.

    Contacts

    Investor Relations:
    Masha Kahn
    ir@Flywire.com

    Media:
    Sarah King
    Media@Flywire.com

    Condensed Consolidated Statements of Operations and Comprehensive Loss
    (Unaudited) (Amounts in thousands, except share and per share amounts)
                   
      Three Months Ended December 31,   Twelve Months Ended December 31,
        2024       2023       2024       2023  
    Revenue $ 117,550     $ 100,545     $ 492,144     $ 403,094  
    Costs and operating expenses:              
    Payment processing services costs   41,384       36,780       177,490       147,339  
    Technology and development   17,370       16,898       66,636       62,028  
    Selling and marketing   33,353       28,830       129,435       107,621  
    General and administrative   31,218       28,065       125,838       107,624  
    Total costs and operating expenses   123,325       110,573       499,399       424,612  
    Loss from operations $ (5,775 )   $ (10,028 )   $ (7,255 )   $ (21,518 )
    Other income (expense):              
    Interest expense   (135 )     (92 )     (538 )     (372 )
    Interest income   4,872       5,638       21,440       13,349  
    Gain (loss) from remeasurement of foreign currency   (13,866 )     7,707       (11,787 )     4,189  
    Total other income (expense), net   (9,129 )     13,253       9,115       17,166  
    Income (loss) before provision for income taxes   (14,904 )     3,225       1,860       (4,352 )
    Provision (benefit) for income taxes   995       1,938       (1,040 )     4,214  
    Net Income (Loss) $ (15,899 )   $ 1,287     $ 2,900     $ (8,566 )
    Foreign currency translation adjustment   (7,330 )     3,731       (3,594 )     3,232  
    Unrealized losses on available-for-sale debt securities, net $ (441 )   $     $ 208     $  
    Total other comprehensive income (loss) $ (7,771 )   $ 3,731     $ (3,386 )   $ 3,232  
    Comprehensive income (loss) $ (23,670 )   $ 5,018     $ (486 )   $ (5,334 )
    Net loss attributable to common stockholders – basic and diluted $ (15,899 )   $ 1,287     $ 2,900     $ (8,566 )
    Net loss per share attributable to common stockholders – basic $ (0.13 )   $ 0.01     $ 0.02     $ (0.07 )
    Net loss per share attributable to common stockholders – diluted $ (0.12 )   $ 0.01     $ 0.02     $ (0.07 )
    Weighted average common shares outstanding – basic   124,463,252       121,690,938       124,269,820       114,828,494  
    Weighted average common shares outstanding – diluted   128,924,166       128,877,877       129,339,462       114,828,494  
                                   
    Condensed Consolidated Balance Sheets
    (Unaudited) (Amounts in thousands, except share amounts)
           
      December 31,   December 31,
        2024       2023  
    Assets      
    Current assets:      
    Cash and cash equivalents $ 495,242     $ 654,608  
    Restricted cash          
    Short-term investments   115,848        
    Accounts receivable, net   23,703       18,215  
    Unbilled receivables, net   15,453       10,689  
    Funds receivable from payment partners   90,110       113,945  
    Prepaid expenses and other current assets   22,528       18,227  
    Total current assets   762,884       815,684  
    Long-term investments   50,125        
    Property and equipment, net   17,160       15,134  
    Intangible assets, net   118,684       108,178  
    Goodwill   149,558       121,646  
    Other assets   24,035       19,089  
    Total assets $ 1,122,446     $ 1,079,731  
           
    Liabilities and Stockholders’ Equity      
    Current liabilities:      
    Accounts payable $ 15,353     $ 12,587  
    Funds payable to clients   217,788       210,922  
    Accrued expenses and other current liabilities   49,297       43,315  
    Deferred revenue   7,337       6,968  
    Total current liabilities   289,775       273,792  
    Deferred tax liabilities   12,643       15,391  
    Other liabilities   5,261       4,431  
    Total liabilities   307,679       293,614  
    Commitments and contingencies (Note 16)      
    Stockholders’ equity:      
    Preferred stock, $0.0001 par value; 10,000,000 shares authorized as of December 31, 2024 and 2023; and no shares issued and outstanding as of December 31, 2024 and 2023          
    Voting common stock, $0.0001 par value; 2,000,000,000 shares authorized as of December 31, 2024 and December 31, 2023; 126,853,852 shares issued and 122,182,878 shares outstanding as of December 31, 2024; 123,010,207 shares issued and 120,695,162 shares outstanding as of December 31, 2023   13       11  
    Non-voting common stock, $0.0001 par value; 10,000,000 shares authorized as of December 31, 2024 and December 31, 2023; 1,873,320 shares issued and outstanding as of December 31, 2024 and December 31, 2023         1  
    Treasury voting common stock, 4,670,974 and 2,315,045 shares as of December 31, 2024 and December 31, 2023, respectively, held at cost   (46,268 )     (747 )
    Additional paid-in capital   1,033,958       959,302  
    Accumulated other comprehensive income   (2,066 )     1,320  
    Accumulated deficit   (170,870 )     (173,770 )
    Total stockholders’ equity   814,767       786,117  
    Total liabilities and stockholders’ equity $ 1,122,446     $ 1,079,731  
                   
    Condensed Consolidated Statement of Cash Flows
    (Unaudited) (Amounts in thousands)
           
      Twelve Months Ended December 31,
        2024       2023  
    Cash flows from operating activities:      
    Net income (loss) $ 2,900     $ (8,566 )
    Adjustments to reconcile net loss to net cash used in operating activities:      
    Depreciation and amortization   17,363       15,764  
    Stock-based compensation expense   64,933       43,726  
    Amortization of deferred contract costs   972       1,789  
    Change in fair value of contingent consideration   (978 )     380  
    Deferred tax provision (benefit)   (8,794 )     72  
    Provision for uncollectible accounts   (83 )     326  
    Non-cash interest expense   230       298  
    Non-cash interest income   (1,435 )      
    Changes in operating assets and liabilities, net of acquisitions:      
    Accounts receivable   (5,292 )     (2,082 )
    Unbilled receivables   (4,764 )     (5,394 )
    Funds receivable from payment partners   23,835       (50,975 )
    Prepaid expenses, other current assets and other assets   (5,322 )     (4,279 )
    Funds payable to clients   6,867       86,616  
    Accounts payable, accrued expenses and other current liabilities   3,302       5,548  
    Contingent consideration   (93 )     (467 )
    Other liabilities   (1,543 )     (1,260 )
    Deferred revenue   (630 )     (871 )
    Net cash provided by operating activities   91,468       80,625  
           
    Cash flows from investing activities:      
    Acquisition of businesses, net of cash acquired   (45,230 )     (32,764 )
    Purchase of debt securities   (193,927 )      
    Sale of debt securities   29,598        
    Capitalization of internally developed software   (5,317 )     (5,004 )
    Purchases of property and equipment   (924 )     (1,009 )
    Net cash (used in) investing activities   (215,800 )     (38,777 )
    Cash flows from financing activities:      
    Proceeds from issuance of common stock under public offering, net of underwriter discounts and commissions         261,119  
    Payments of costs related to public offering         (1,062 )
    Payment of debt issuance costs   (783 )      
    Contingent consideration paid for acquisitions   (1,032 )     (1,207 )
    Payments of tax withholdings for net settled equity awards   (797 )     (8,483 )
    Purchases of treasury stock   (43,740 )      
    Proceeds from the issuance of stock under Employee Stock Purchase Plan   3,108       2,691  
    Proceeds from exercise of stock options   5,613       10,360  
    Net cash provided by (used in) financing activities   (37,631 )     263,418  
    Effect of exchange rates changes on cash and cash equivalents   2,597       (1,835 )
    Net increase (decrease) in cash, cash equivalents and restricted cash   (159,366 )     303,431  
    Cash, cash equivalents and restricted cash, beginning of year $ 654,608     $ 351,177  
    Cash, cash equivalents and restricted cash, end of year $ 495,242     $ 654,608  
                   
    Reconciliation of Non-GAAP Financial Measures
    (Unaudited) (Amounts in millions, except percentages)
                     
        Three Months Ended
    December 31,
      Twelve Months Ended
    December 31,
          2024       2023       2024       2023  
    Revenue   $ 117.6     $ 100.5     $ 492.1     $ 403.1  
    Adjusted to exclude gross up for:                
    Pass-through cost for printing and mailing     (4.5 )     (4.0 )     (15.9 )     (19.4 )
    Marketing fees     (0.3 )     (0.4 )     (2.0 )     (2.2 )
    Revenue Less Ancillary Services   $ 112.8     $ 96.1     $ 474.2     $ 381.5  
    Payment processing services costs     41.4       36.8       177.5       147.3  
    Hosting and amortization costs within technology and development expenses     1.9       1.9       7.7       8.4  
    Cost of Revenue   $ 43.3     $ 38.7     $ 185.2     $ 155.7  
    Adjusted to:                
    Exclude printing and mailing costs     (4.5 )     (4.0 )     (15.9 )     (19.4 )
    Offset marketing fees against related costs     (0.3 )     (0.4 )     (2.0 )     (2.2 )
    Exclude depreciation and amortization     (1.3 )     (1.7 )     (5.9 )     (6.7 )
    Adjusted Cost of Revenue   $ 37.2     $ 32.6     $ 161.4     $ 127.4  
    Gross Profit   $ 74.3     $ 61.8     $ 306.9     $ 247.4  
    Gross Margin     63.2 %     61.5 %     62.4 %     61.4 %
    Adjusted Gross Profit   $ 75.6     $ 63.5     $ 312.8     $ 254.1  
    Adjusted Gross Margin     67.0 %     66.1 %     66.0 %     66.6 %
                                     
        Three Months Ended
    December 31, 2024
      Twelve Months Ended
    December 31, 2024
        Transaction   Platform and
    Other Revenues
      Revenue   Transaction   Platform and
    Other Revenues
      Revenue
    Revenue   $ 95.3     $ 22.3     $ 117.6     $ 410.2     $ 81.9     $ 492.1  
    Adjusted to exclude gross up for:                        
    Pass-through cost for printing and mailing           (4.5 )     (4.5 )           (15.9 )     (15.9 )
    Marketing fees     (0.3 )           (0.3 )     (2.0 )           (2.0 )
    Revenue Less Ancillary Services   $ 95.0     $ 17.8     $ 112.8     $ 408.2     $ 66.0     $ 474.2  
    Percentage of Revenue     81.0 %     19.0 %     100.0 %     83.4 %     16.6 %     100.0 %
    Percentage of Revenue Less Ancillary Services     84.2 %     15.8 %     100.0 %     86.1 %     13.9 %     100.0 %
                             
        Three Months Ended
    December 31, 2023
      Twelve Months Ended
    December 31, 2023
        Transaction   Platform and
    Other Revenues
      Revenue   Transaction   Platform and
    Other Revenues
      Revenue
    Revenue   $ 81.9     $ 18.6     $ 100.5     $ 329.7     $ 73.4     $ 403.1  
    Adjusted to exclude gross up for:                        
    Pass-through cost for printing and mailing           (4.0 )     (4.0 )           (19.4 )     (19.4 )
    Marketing fees     (0.4 )           (0.4 )     (2.2 )           (2.2 )
    Revenue Less Ancillary Services   $ 81.5     $ 14.6     $ 96.1     $ 327.5     $ 54.0     $ 381.5  
    Percentage of Revenue     81.5 %     18.5 %     100.0 %     81.8 %     18.2 %     100.0 %
    Percentage of Revenue Less Ancillary Services     84.8 %     15.2 %     100.0 %     85.8 %     14.2 %     100.0 %
                                                     
    FX Neutral Revenue Less Ancillary Services                      
    (unaudited) (in millions)                            
        Three Months Ended
    December 31,
          Twelve Months Ended
    December 31,
       
          2024       2023     Growth Rate     2024       2023     Growth Rate
    Revenue   $ 117.6     $ 100.5       17 %   $ 492.1     $ 403.1       22 %
    Ancillary services     (4.8 )     (4.4 )         (17.9 )     (21.6 )    
    Revenue Less Ancillary Services     112.8       96.1       17 %     474.2       381.5       24 %
    Effects of foreign currency rate fluctuations     (1.1 )               (2.3 )          
    FX Neutral Revenue Less Ancillary Services   $ 111.7     $ 96.1       16 %   $ 471.9     $ 381.5       24 %
                                                     
    EBITDA and Adjusted EBITDA                
    (Unaudited) (in millions)                
        Three Months Ended
    December 31,
      Twelve Months Ended
    December 31,
          2024       2023       2024       2023  
    Net loss   $ (15.9 )   $ 1.3     $ 2.9     $ (8.6 )
    Interest expense     0.1       0.1       0.5       0.4  
    Interest income     (4.8 )     (5.6 )     (21.4 )     (13.3 )
    Provision for income taxes     1.0       1.9       (1.0 )     4.2  
    Depreciation and amortization     5.0       4.3       18.5       16.4  
    EBITDA     (14.6 )     2.0       (0.5 )     (0.9 )
    Stock-based compensation expense and related taxes     16.8       12.9       65.8       45.2  
    Change in fair value of contingent consideration     0.0             (1.0 )     0.4  
    (Gain) loss from remeasurement of foreign currency     13.9       (7.7 )     11.8       (4.2 )
    Indirect taxes related to intercompany activity     0.5             0.7       0.2  
    Acquisition related transaction costs     0.1       0.4       0.6       0.4  
    Acquisition related employee retention costs           0.1       0.5       0.9  
    Adjusted EBITDA   $ 16.7     $ 7.7     $ 77.9     $ 42.0  
                                     
    Reconciliation of Non-GAAP Operating Expenses            
    (Unaudited) (in millions)            
                             
        Three Months Ended December 31,   Twelve Months Ended December 31,
    (in millions)   2024   2023   2024   2023
    GAAP Technology and development   $ 17.4     $ 16.9     $ 66.6     $ 62.0  
    (-) Stock-based compensation expense and related taxes     (3.1 )     (2.5 )     (11.8 )     (9.2 )
    (-) Depreciation and amortization     (2.1 )     (2.3 )     (7.4 )     (8.4 )
    (-) Acquisition related employee retention costs           0.3             (0.5 )
    Non-GAAP Technology and development   $ 12.2     $ 12.4     $ 47.4     $ 43.9  
                   
    GAAP Selling and marketing   $ 33.4     $ 28.8     $ 129.5     $ 107.6  
    (-) Stock-based compensation expense and related taxes     (4.8 )     (3.2 )     (18.3 )     (12.4 )
    (-) Depreciation and amortization     (2.2 )     (1.3 )     (8.2 )     (5.2 )
    (-) Acquisition related employee retention costs           (0.2 )     (0.5 )     (0.4 )
    Non-GAAP Selling and marketing   $ 26.4     $ 24.1     $ 102.5     $ 89.6  
                   
    GAAP General and administrative   $ 31.2     $ 28.0     $ 125.8     $ 107.6  
    (-) Stock-based compensation expense and related taxes     (8.9 )     (7.2 )     (35.7 )     (23.6 )
    (-) Depreciation and amortization     (0.8 )     (0.7 )     (3.0 )     (2.8 )
    (-) Change in fair value of contingent consideration                 1.0       (0.4 )
    (-) Acquisition related transaction costs     (0.1 )     (0.4 )     (0.6 )     (0.4 )
    Non-GAAP General and administrative   $ 21.4     $ 19.7     $ 87.5     $ 80.4  
                                     
    Net Margin, EBITDA Margin and Adjusted EBITDA Margin
    (Unaudited) (Amounts in millions, except percentages)
                             
        Three Months Ended
    December 31,
          Twelve Months Ended
    December 31,
       
          2024       2023     Change     2024       2023     Change
    Revenue (A)   $ 117.6     $ 100.5     $ 17.1     $ 492.1     $ 403.1     $ 89.0  
    Revenue less ancillary services (B)     112.8       96.1       16.7       474.2       381.5       92.7  
    Net loss (C)     (15.9 )     1.3       (17.2 )     2.9       (8.6 )     11.5  
    EBITDA (D)     (14.6 )     2.0       (16.6 )     (0.5 )     (0.9 )     0.4  
    Adjusted EBITDA (E)     16.7       7.7       9.0       77.9       42.0       35.9  
    Net margin (C/A)     -13.5 %     1.3 %     -14.8 %     0.6 %     -2.1 %     2.7 %
    Net margin using RLAS (C/B)     -14.1 %     1.3 %     -15.4 %     0.6 %     -2.3 %     2.9 %
    EBITDA Margin (D/A)     -12.4 %     2.0 %     -14.4 %     -0.1 %     -0.2 %     0.1 %
    Adjusted EBITDA Margin (E/A)     14.2 %     7.6 %     6.6 %     15.8 %     10.4 %     5.4 %
    EBITDA Margin using RLAS (D/B)     -12.9 %     2.1 %     -15.0 %     -0.1 %     -0.2 %     0.1 %
    Adjusted EBITDA Margin using RLAS (E/B)     14.8 %     8.0 %     6.8 %     16.4 %     11.0 %     5.4 %
                                                     
    Reconciliation of FX Neutral Revenue Growth Guidance to
    FX Neutral Revenue Less Ancillary Services Growth Guidance
                   
      Three Months Ended
    March 31, 2025
      Year Ended
    December 31, 2025
      Low   High   Low   High
                   
    FX Neutral GAAP Revenue Growth   10 %     13 %     9 %     13 %
                   
    Adjustment for Ancillary Services   1 %     1 %     1 %     1 %
                   
    FX Neutral Revenue Less Ancillary Services Growth   11 %     14 %     10 %     14 %
                                   

    The MIL Network

  • MIL-OSI: EXL Reports 2024 Fourth Quarter and Year-End Results; Issues 2025 Guidance

    Source: GlobeNewswire (MIL-OSI)

    2024 Fourth Quarter Revenue of $481.4 Million, up 16.3% year-over-year
    Q4 Diluted EPS (GAAP) of $0.31, up 28.4% from $0.24 in Q4 of 2023
    Q4 Adjusted Diluted EPS (Non-GAAP) (1)of $0.44, up 26.1% from $0.35 in Q4 of 2023

    2024 Revenue of $1.84 Billion, up 12.7% year-over-year
    2024 Diluted EPS (GAAP) of $1.21, up 10.0% from $1.10 in 2023
    2024 Adjusted Diluted EPS (Non-GAAP) (1)of $1.65, up 15.4% from $1.43 in 2023

    NEW YORK, Feb. 25, 2025 (GLOBE NEWSWIRE) — ExlService Holdings, Inc. (NASDAQ: EXLS), a global data and AI company, today announced its financial results for the quarter and full year ended December 31, 2024.

    Rohit Kapoor, chairman and chief executive officer, said, “As we executed our data and AI strategy in 2024, we achieved several key milestones, including launching an enterprise AI platform in partnership with NVIDIA, introducing our insurance-specific large language model (LLM) and expanding our data management capabilities with the acquisition of ITI Data. Our focus on innovating with speed led to industry-leading full-year revenue growth of 12.7% and adjusted EPS growth of 15.4%. As AI adoption continues to increase, EXL is well positioned to capture this opportunity and continue its strong growth momentum.”

    Maurizio Nicolelli, chief financial officer, said, “We finished 2024 with robust growth across our business segments, a formidable balance sheet and strong free cash flow. For the full year 2025, we expect revenue to be in the range of $2.025 billion to $2.060 billion, representing a 10% to 12% increase year-over-year on a reported basis and 11% to 13% on constant currency basis. We expect adjusted diluted EPS to be in the range of $1.83 to $1.89, representing a 11% to 14% increase over 2024.”

    __________________________________________________

    1. Reconciliations of adjusted (non-GAAP) financial measures to the most directly comparable GAAP measures, where applicable, are included at the end of this release under “Reconciliation of Adjusted Financial Measures to GAAP Measures.” These non-GAAP measures, including adjusted diluted EPS and constant currency measures, are not measures of financial performance prepared in accordance with GAAP.

    Financial Highlights: Fourth Quarter 2024

    • Revenue for the quarter ended December 31, 2024 increased to $481.4 million compared to $414.1 million for the fourth quarter of 2023, an increase of 16.3% on a reported basis and constant currency basis. Revenue increased by 2.0% sequentially on a reported basis and 2.4% on a constant currency basis, from the third quarter of 2024.
        Revenue
      Gross Margin
        Three months ended
      Three months ended
    Reportable Segments   December 31, 2024
      December 31, 2023
      September 30, 2024
      December 31, 2024
      December 31, 2023
      September 30, 2024
        (dollars in millions)    
    Insurance   $ 162.0     $ 139.1     $ 157.6     36.9 %   36.2 %   36.3 %
    Healthcare     31.6       26.0       30.5     31.7 %   36.9 %   33.6 %
    Emerging Business     80.1       67.0       80.0     40.7 %   41.0 %   40.2 %
    Analytics     207.7       182.0       204.0     39.0 %   35.4 %   38.5 %
    Revenues, net   $ 481.4     $ 414.1     $ 472.1     38.1 %   36.7 %   37.8 %
                                               
    • Operating income margin for the quarter ended December 31, 2024 was 14.8%, compared to 13.1% for the fourth quarter of 2023 and 14.7% for the third quarter of 2024. Adjusted operating income margin for the quarter ended December 31, 2024 was 18.8%, compared to 17.8% for the fourth quarter of 2023 and 19.9% for the third quarter of 2024.
    • Diluted earnings per share for the quarter ended December 31, 2024 was $0.31, compared to $0.24 for the fourth quarter of 2023 and $0.33 for the third quarter of 2024. Adjusted diluted earnings per share for the quarter ended December 31, 2024 was $0.44, compared to $0.35 for the fourth quarter of 2023 and $0.44 for the third quarter of 2024.

    Financial Highlights: Full Year 2024

    • Revenue for the year ended December 31, 2024 increased to $1.84 billion compared to $1.63 billion for the year ended December 31, 2023, an increase of 12.7% on a reported basis and constant currency basis.
        Revenue
      Gross Margin
        Year ended
      Year ended
    Reportable Segments   December 31, 2024
      December 31, 2023
      December 31, 2024
      December 31, 2023
        (dollars in millions)    
    Insurance   $ 614.0     $ 529.9     36.4 %   35.5 %
    Healthcare     116.4       106.0     33.0 %   34.6 %
    Emerging Business     311.7       265.7     41.8 %   43.2 %
    Analytics     796.3       729.1     37.5 %   36.8 %
    Revenues, net   $ 1,838.4     $ 1,630.7     37.6 %   37.3 %
                                 
    • Operating income margin for the year ended December 31, 2024 was 14.3%, compared to 14.6% for the year ended December 31, 2023. Adjusted operating income margin for the year ended December 31, 2024 was 19.4%, compared to 19.3% for the year ended December 31, 2023.
    • Diluted earnings per share for the year ended December 31, 2024 was $1.21, compared to $1.10 for the year ended December 31, 2023. Adjusted diluted earnings per share for the year ended December 31, 2024 was $1.65, compared to $1.43 for the year ended December 31, 2023.

    Business Highlights: Fourth Quarter 2024

    • Won 17 new clients in the fourth quarter of 2024, with 8 clients in digital operations and solutions and 9 in analytics. For the year, we won 69 new clients, with 32 in digital operations and solutions and 37 in analytics.
    • Launched EXLerate.AI, an agentic AI platform designed to help enterprises reimagine and build AI-native workflows that drive greater efficiency, lower costs, and increased accuracy and scalability across business operations.
    • Named a Leader in the ISG Provider Lens™ Generative AI Services 2024 report. Analysts cited EXL’s data integration capabilities, domain-specific expertise, and robust transformational framework as key differentiators driving its leadership in this space.
    • Recognized as a Market Leader in the HFS Research 2024 AADA Quadfecta Services for the Generative Enterprise™ 2024 study. The study evaluated 27 leading analytics, AI, data platforms, and automation service providers on their ability to unlock deep insights from data, automate complex processes, and enhance operational efficiencies. The Market Leader designation is the report’s highest distinction.

    2025 Operating Model

    To accelerate the execution of our data and AI strategy, capture a greater share of the growing AI market and drive EXL’s long-term growth, the company is changing its operating model. The new model is comprised of Industry Market Units focused on delivering higher value to clients leveraging our full suite of capabilities; and Strategic Growth Units focused on rapidly advancing our capabilities specific to various industries and client needs.

    This enhances our ability to deepen client relationships, unlock new buying centers, expand our addressable markets across industries and geographies, accelerate investments in data and AI capabilities and industry-specific solutions, and create more professional development opportunities for our employees. This model enables us to deliver AI-powered integrated solutions more effectively and evolve engagements to maximize value for our clients.

    EXL will adopt new financial reporting segments consistent with how management will be reviewing financial information and making operating decisions beginning in the first quarter of 2025. Our data, AI and analytics capabilities are driving all our solutions and business lines. Accordingly, we will now report data and AI revenue alongside our new reporting segments beginning with the first quarter of 2025. This shift will provide a higher quality and more relevant representation of our business performance as we continue executing our data and AI growth strategy. The new reportable segments, aligned to our Industry Market Units, are as follows:

    • Insurance
    • Healthcare and Life Sciences
    • Banking, Capital Markets and Diversified Industries
    • International Growth Markets

    The change in segment presentation will not have any effect on our consolidated statements of income, balance sheets or cash flows. The revised presentation will be reflected in our periodic and annual reports beginning in the first quarter of 2025.

    2025 Guidance

    Based on current visibility, and a U.S. dollar to Indian rupee exchange rate of 87.0, U.K. pound sterling to U.S. dollar exchange rate of 1.25, U.S. dollar to the Philippine peso exchange rate of 58.0 and all other currencies at current exchange rates, we are providing the following guidance for the full year 2025:

    • Revenue of $2.025 billion to $2.060 billion, representing an increase of 10% to 12% on a reported basis, and 11% to 13% on a constant currency basis, from 2024; and
    • Adjusted diluted earnings per share of $1.83 to $1.89, representing an increase of 11% to 14% from 2024.

    Conference Call

    ExlService Holdings, Inc. will host a conference call on Wednesday, February 26, 2025, at 10:00 A.M. ET to discuss the Company’s fourth quarter and year-end operating and financial results. The conference call will be available live via the internet by accessing the investor relations section of EXL’s website at ir.exlservice.com, where an accompanying investor-friendly spreadsheet of historical operating and financial data can also be accessed. Please access the website at least fifteen minutes prior to the call to register, download and install any necessary audio software.

    To join the live call, please register here. For those who cannot access the live broadcast, a replay will be available on the EXL website ir.exlservice.com for a period of twelve months.

    About ExlService Holdings, Inc.

    EXL (NASDAQ: EXLS) is a global data and artificial intelligence (“AI”) company that offers services and solutions to reinvent client business models, drive better outcomes and unlock growth with speed. EXL harnesses the power of data, AI, and deep industry knowledge to transform businesses, including the world’s leading corporations in industries including insurance, healthcare, banking and financial services, media and retail, among others. EXL was founded in 1999 with the core values of innovation, collaboration, excellence, integrity and respect. We are headquartered in New York and have more than 59,000 employees spanning six continents. For more information, visit www.exlservice.com.

    Cautionary Statement Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. You should not place undue reliance on those statements because they are subject to numerous uncertainties and factors relating to EXL’s operations and business environment, all of which are difficult to predict and many of which are beyond EXL’s control. Forward-looking statements include information concerning EXL’s possible or assumed future results of operations, including descriptions of its business strategy. These statements may include words such as “may,” “will,” “should,” “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate” or similar expressions. These statements are based on assumptions that we have made in light of management’s experience in the industry as well as its perceptions of historical trends, current conditions, expected future developments and other factors it believes are appropriate under the circumstances. You should understand that these statements are not guarantees of performance or results. They involve known and unknown risks, uncertainties and assumptions. Although EXL believes that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect EXL’s actual financial results or results of operations and could cause actual results to differ materially from those in the forward-looking statements. These factors, which include our ability to maintain and grow client demand, risks related to the use of AI technology, impact on client demand by the selling cycle of our contracts, fluctuations in our earnings, our ability to hire and retain sufficiently trained employees, and our ability to accurately estimate and/or manage costs, are discussed in more detail in EXL’s filings with the Securities and Exchange Commission, including EXL’s Annual Report on Form 10-K. You should keep in mind that any forward-looking statement made herein, or elsewhere, speaks only as of the date on which it is made. New risks and uncertainties come up from time to time, and it is impossible to predict these events or how they may affect EXL. EXL has no obligation to update any forward-looking statements after the date hereof, except as required by applicable law.

     
    EXLSERVICE HOLDINGS, INC.
    CONSOLIDATED STATEMENTS OF INCOME
    (In thousands, except per share amount and share count)
               
              (Unaudited)
      Year ended December 31,   Three months ended December 31,
      2024   2023   2024   2023
    Revenues, net $ 1,838,372     $ 1,630,668     $ 481,426     $ 414,058  
    Cost of revenues(1)   1,147,359       1,022,902       298,023       262,211  
    Gross profit(1)   691,013       607,766       183,403       151,847  
    Operating expenses:              
    General and administrative expenses   225,672       198,294       58,477       53,730  
    Selling and marketing expenses   146,502       120,227       37,520       31,553  
    Depreciation and amortization expense   55,219       50,490       16,164       12,298  
    Total operating expenses   427,393       369,011       112,161       97,581  
    Income from operations   263,620       238,755       71,242       54,266  
    Foreign exchange gain, net   891       1,532       218       694  
    Interest expense   (19,256 )     (13,180 )     (5,111 )     (3,150 )
    Other income/(expense), net   16,092       10,834       4,216       4,240  
    Income before income tax expense and earnings from equity affiliates   261,347       237,941       70,565       56,050  
    Income tax expense   62,936       53,536       19,850       15,763  
    Income before earnings from equity affiliates   198,411       184,405       50,715       40,287  
    Gain/(loss) from equity-method investment   (114 )     153       (43 )     (4 )
    Net income $ 198,297     $ 184,558     $ 50,672     $ 40,283  
    Earnings per share:              
    Basic $ 1.22     $ 1.11     $ 0.31     $ 0.24  
    Diluted $ 1.21     $ 1.10     $ 0.31     $ 0.24  
    Weighted average number of shares used in computing earnings per share:              
    Basic   162,718,840       166,341,213       161,292,473       165,254,017  
    Diluted   164,321,656       168,161,371       163,436,793       166,880,836  

    (1)Exclusive of depreciation and amortization expense.

     
    EXLSERVICE HOLDINGS, INC.
    CONSOLIDATED BALANCE SHEETS
    (In thousands, except per share amount and share count)
         
        As of
        December 31, 2024   December 31, 2023
    Assets        
    Current assets:        
    Cash and cash equivalents   $ 153,355     $ 136,953  
    Short-term investments     187,223       153,881  
    Restricted cash     9,972       4,062  
    Accounts receivable, net     304,322       308,108  
    Other current assets     140,317       76,669  
    Total current assets     795,189       679,673  
    Property and equipment, net     101,837       100,373  
    Operating lease right-of-use assets     68,784       64,856  
    Restricted cash     8,071       4,386  
    Deferred tax assets, net     104,747       82,927  
    Goodwill     420,387       405,639  
    Other intangible assets, net     49,331       50,164  
    Long-term investments     13,972       4,430  
    Other assets     56,085       49,524  
    Total assets   $ 1,618,403     $ 1,441,972  
    Liabilities and stockholders’ equity        
    Current liabilities:        
    Accounts payable   $ 5,884     $ 5,055  
    Current portion of long-term borrowings     4,886       65,000  
    Deferred revenue     19,264       12,318  
    Accrued employee costs     129,994       117,137  
    Accrued expenses and other current liabilities     113,597       114,113  
    Current portion of operating lease liabilities     16,491       12,780  
    Total current liabilities     290,116       326,403  
    Long-term borrowings, less current portion     283,598       135,000  
    Operating lease liabilities, less current portion     59,851       58,175  
    Deferred tax liabilities, net     1,403       1,495  
    Other non-current liabilities     53,573       31,462  
    Total liabilities     688,541       552,535  
    Commitments and contingencies        
    Stockholders’ equity:        
    Preferred stock, $0.001 par value; 15,000,000 shares authorized, none issued            
    Common stock, $0.001 par value; 400,000,000 shares authorized, 206,510,587 shares issued and 161,801,212 shares outstanding as of December 31, 2024 and 203,410,038 shares issued and 165,277,880 shares outstanding as of December 31, 2023     206       203  
    Additional paid-in capital     588,583       508,028  
    Retained earnings     1,281,960       1,083,663  
    Accumulated other comprehensive loss     (154,722 )     (127,040 )
    Total including shares held in treasury     1,716,027       1,464,854  
    Less: 44,709,375 shares as of December 31, 2024 and 38,132,158 shares as of December 31, 2023, held in treasury, at cost     (786,165 )     (575,417 )
    Total stockholders’ equity     929,862       889,437  
    Total liabilities and stockholders’ equity   $ 1,618,403     $ 1,441,972  
                     
     
    EXLSERVICE HOLDINGS, INC.Reconciliation of Adjusted Financial Measures to GAAP Measures
     

    In addition to its reported operating results in accordance with U.S. generally accepted accounting principles (GAAP), EXL has included in this release certain financial measures that are considered non-GAAP financial measures, including the following:

    (i)   Adjusted operating income and adjusted operating income margin;
    (ii)   Adjusted EBITDA and adjusted EBITDA margin;
    (iii)   Adjusted net income and adjusted diluted earnings per share; and
    (iv)   Revenue growth on constant currency basis.
         

    These non-GAAP financial measures are not based on any comprehensive set of accounting rules or principles, should not be considered a substitute for, or superior to, financial measures calculated in accordance with GAAP, and may be different from non-GAAP financial measures used by other companies. Accordingly, the financial results calculated in accordance with GAAP and reconciliations from those financial statements should be carefully evaluated. EXL believes that providing these non-GAAP financial measures may help investors better understand EXL’s underlying financial performance. Management also believes that these non-GAAP financial measures, when read in conjunction with EXL’s reported results, can provide useful supplemental information for investors analyzing period-to-period comparisons of the Company’s results and comparisons of the Company’s results with the results of other companies. Additionally, management considers some of these non-GAAP financial measures to determine variable compensation of its employees. The Company believes that it is unreasonably difficult to provide its earnings per share financial guidance in accordance with GAAP, or a qualitative reconciliation thereof, for a number of reasons, including, without limitation, the Company’s inability to predict its future stock-based compensation expense under ASC Topic 718, the amortization of intangibles associated with future acquisitions and the currency fluctuations and associated tax effects. As such, the Company presents guidance with respect to adjusted diluted earnings per share. The Company also incurs significant non-cash charges for depreciation that may not be indicative of the Company’s ability to generate cash flow.

    EXL non-GAAP financial measures exclude, where applicable, stock-based compensation expense, amortization of acquisition-related intangible assets, provision for restructuring and litigation settlement matters, effects of termination of leases, certain defined social security contributions, allowance for certain material expected credit losses, other acquisition-related expenses or benefits and effect of any non-recurring tax adjustments. Acquisition-related expenses or benefits include, changes in the fair value of contingent consideration, external deal costs, integration expenses, direct and incremental travel costs and non-recurring benefits or losses. Our adjusted net income and adjusted diluted EPS also excludes the effects of income tax on the above pre-tax items, as applicable. The effects of income tax of each item is calculated by applying the statutory rate of the local tax regulations in the jurisdiction in which the item was incurred.

    A limitation of using non-GAAP financial measures versus financial measures calculated in accordance with GAAP is that non-GAAP financial measures do not reflect all of the amounts associated with our operating results as determined in accordance with GAAP and exclude costs that are recurring, namely stock-based compensation and amortization of acquisition-related intangible assets. EXL compensates for these limitations by providing specific information regarding the GAAP amounts excluded from non-GAAP financial measures to allow investors to evaluate such non-GAAP financial measures.

    EXL’s primary exchange rate exposure is with the Indian rupee, the Philippine peso, the U.K. pound sterling and the South African rand. The average exchange rate of the U.S. dollar against the Indian rupee increased from 83.28 during the quarter ended December 31, 2023 to 84.72 during the quarter ended December 31, 2024, representing a depreciation of 1.7% against the U.S. dollar. The average exchange rate of the U.S. dollar against the Philippine peso increased from 55.86 during the quarter ended December 31, 2023 to 58.19 during the quarter ended December 31, 2024, representing a depreciation of 4.2% against the U.S. dollar. The average exchange rate of the U.K. pound sterling against the U.S. dollar increased from 1.25 during the quarter ended December 31, 2023 to 1.28 during the quarter ended December 31, 2024, representing an appreciation of 1.9% against the U.S. dollar. The average exchange rate of the U.S. dollar against the South African rand decreased from 18.63 during the quarter ended December 31, 2023 to 18.18 during the quarter ended December 31, 2024, representing an appreciation of 2.4% against the U.S. dollar.

    The following table shows the reconciliation of these non-GAAP financial measures for the year ended December 31, 2024 and 2023, the three months ended December 31, 2024 and 2023 and the three months ended September 30, 2024:

    Reconciliation of Adjusted Operating Income and Adjusted EBITDA
    (Amounts in thousands)
             
        Year ended   Three months ended
        December 31,   December 31,   September 30,
        2024   2023   2024   2023   2024
    Net income (GAAP)   $ 198,297     $ 184,558     $ 50,672     $ 40,283     $ 53,037  
    add: Income tax expense     62,936       53,536       19,850       15,763       15,460  
    add/(subtract): Foreign exchange gain, net, interest expense, gain/(loss) from equity-method investment and other income/(loss), net     2,387       661       720       (1,780 )     908  
    Income from operations (GAAP)   $ 263,620     $ 238,755     $ 71,242     $ 54,266     $ 69,405  
    add: Stock-based compensation expense     72,658       58,437       15,479       15,452       21,232  
    add: Amortization of acquisition-related intangibles     13,630       14,678       4,024       3,168       3,449  
    add: Restructuring and litigation settlement costs (a)     6,174       613             613        
    add/(subtract): Allowance/(reversal) for expected credit losses (b)           1,436             (264 )      
    add: Other expenses (c)           771             282        
    Adjusted operating income (Non-GAAP)   $ 356,082     $ 314,690     $ 90,745     $ 73,517     $ 94,086  
    Adjusted operating income margin as a % of Revenue (Non-GAAP)     19.4 %     19.3 %     18.8 %     17.8 %     19.9 %
    add: Depreciation on long-lived assets     41,589       34,434       12,140       9,130       10,350  
    Adjusted EBITDA (Non-GAAP)   $ 397,671     $ 349,124     $ 102,885     $ 82,647     $ 104,436  
    Adjusted EBITDA margin as a % of revenue (Non-GAAP)     21.6 %     21.4 %     21.4 %     20.0 %     22.1 %
                         

    (a) To exclude effects of employee severance costs and outplacement support costs of $4,762 and $nil and litigation settlement costs and associated legal fees of $1,412 and $613 for the year ended December 31, 2024 and 2023, respectively. To exclude effects of litigation settlement costs and associated legal fees of $nil and $613 for the three months ended December 31, 2024 and 2023, respectively.

    (b) To exclude the effects of material allowance/(reversal) for expected credit losses on accounts receivables related to a customer bankruptcy event.

    (c) To exclude effects of lease termination of $nil and $489 and other items, individually insignificant of $nil and $282 for the year ended December 31, 2024 and 2023, respectively. To exclude effects of other items, individually insignificant of $nil and $282 for the three months ended December 31, 2024 and 2023, respectively.

     
    Reconciliation of Adjusted Net Income and Adjusted Diluted Earnings Per Share
    (Amounts in thousands, except per share data)
             
        Year ended   Three months ended
        December 31,   December 31,   September 30,
        2024   2023   2024   2023   2024
    Net income (GAAP)   $ 198,297     $ 184,558     $ 50,672     $ 40,283     $ 53,037  
    add: Stock-based compensation expense     72,658       58,437       15,479       15,452       21,232  
    add: Amortization of acquisition-related intangibles     13,630       14,678       4,024       3,168       3,449  
    add: Restructuring and litigation settlement costs (a)     6,174       613             613        
    add/(subtract): Changes in fair value of contingent consideration     (589 )     1,900             (600 )      
    add: Other tax expenses (b)     3,817       223       3,817       223        
    add/(subtract): Allowance/(reversal) for expected credit losses (c)           1,436             (264 )      
    add: Other expenses (d)           489                    
    subtract: Tax impact on stock-based compensation expense (e)     (17,576 )     (17,333 )     (1,769 )     (374 )     (5,830 )
    subtract: Tax impact on amortization of acquisition-related intangibles     (3,318 )     (3,622 )     (921 )     (792 )     (866 )
    add/(subtract): Tax impact on restructuring and litigation settlement costs     (1,540 )           48              
    add/(subtract): Tax impact on changes in fair value of contingent consideration     146       152       (5 )     152        
    add/(subtract): Tax impact on allowance/(reversal) for expected credit losses           (364 )           65        
    subtract: Tax impact on other expenses           (280 )           (157 )      
    Adjusted net income (Non-GAAP)   $ 271,699     $ 240,887     $ 71,345     $ 57,769     $ 71,022  
    Adjusted diluted earnings per share (Non-GAAP)   $ 1.65     $ 1.43     $ 0.44     $ 0.35     $ 0.44  
                                             

    (a) To exclude effects of employee severance costs and outplacement support costs of $4,762 and $nil and litigation settlement costs and associated legal fees of $1,412 and $613 for the year ended December 31, 2024 and 2023, respectively. To exclude effects of litigation settlement costs and associated legal fees of $nil and $613 for the three months ended December 31, 2024 and 2023, respectively.

    (b) To exclude other tax expenses/(benefits) related to certain deferred tax assets and liabilities.

    (c) To exclude the effects of material allowance/(reversal) for expected credit losses on accounts receivables related to a customer bankruptcy event.

    (d) To exclude effects of lease termination of $nil and $489 for the year ended December 31, 2024 and 2023, respectively.

    (e) Tax impact includes $9,714 and $15,055 for the year ended December 31, 2024 and 2023 respectively, $500 and $1,883 for the three months ended December 31, 2024 and 2023 respectively, and $1,673 for the three months ended September 30, 2024 related to discrete benefit recognized in income tax expense in accordance with ASU No. 2016-09, Compensation – Stock Compensation.

    Contacts:
    Investor Relations
    John Kristoff
    Vice President, Investor Relations
    +1 212 209 4613
    ir@exlservice.com

    Media – US
    Keith Little
    Assistant Vice President, Media Relations
    +1 703 598 0980
    media.relations@exlservice.com

    The MIL Network

  • MIL-OSI: Wintrust Financial Corporation to Present at RBC Capital Markets Global Financial Institutions Conference on March 4, 2025

    Source: GlobeNewswire (MIL-OSI)

    ROSEMONT, Ill., Feb. 25, 2025 (GLOBE NEWSWIRE) — Wintrust Financial Corporation (“Wintrust” or the “Company”) (Nasdaq: WTFC) will present at the RBC Capital Markets Global Financial Institutions Conference to be held on March 4-5, 2025. Wintrust management will participate in a question and answer session that is scheduled to begin at approximately 8:40 AM Eastern Time on March 4, 2025.

    This event will be available via an audio webcast and may be accessed at https://kvgo.com/rbc/wintrust-financial-corporation-march-2025 or at Wintrust’s website at www.wintrust.com, Investor Relations, Investor News and Events, Presentations and Conference Calls. Listeners should go to the website at least fifteen minutes before the presentation to download and install any necessary audio software. For those unable to attend the live broadcast, a replay will be available for up to 90 days after the conference. There is no charge to access the event.

    About Wintrust
    Wintrust is a financial holding company with approximately $65 billion in assets whose common stock is traded on the NASDAQ Global Select Market. Guided by its “Different Approach, Better Results” philosophy, Wintrust offers the sophisticated resources of a large bank while providing a community banking experience to each customer. Wintrust operates more than 200 retail banking locations through 16 community bank subsidiaries in the greater Chicago, southern Wisconsin, west Michigan, northwest Indiana, and southwest Florida market areas. In addition, Wintrust operates various non-bank business units, providing residential mortgage origination, wealth management, commercial and life insurance premium financing, short-term accounts receivable financing/outsourced administrative services to the temporary staffing services industry, and qualified intermediary services for tax-deferred exchanges.

    FOR MORE INFORMATION CONTACT:
    Timothy S. Crane, President & Chief Executive Officer
    David A. Dykstra, Vice Chairman & Chief Operating Officer
    (847) 939-9000
    Website address: www.wintrust.com

    The MIL Network

  • MIL-OSI Security: Fort Duchesne Man Sentenced to Prison Following Gun Crime

    Source: Office of United States Attorneys

    SALT LAKE CITY, Utah – Kasey Todd Reed, 32, of the Uintah and Ouray Reservation, Utah, was sentenced to 96 months’ imprisonment, and ordered by the court to three years’ supervised release after he committed a violent crime that involved shooting a firearm at his domestic partner’s home.

    The sentence, imposed by Senior U.S. District Court Judge David Sam comes after Reed pleaded guilty on December 6, 2024, to being a felon in possession of a firearm and ammunition, and assault with a dangerous weapon with intent to do bodily harm while within Indian Country.

    According to court documents, and statements made at Reed’s change of plea and sentencing hearings, on May 30, 2022, Reed was involved in a domestic dispute with his partner, and after being pepper sprayed, Reed threatened to return to the victim’s home to harm her. Upon his return, Reed pointed a loaded .38 five-shot revolver at the victim’s residence and fired five rounds towards the home that housed multiple occupants as he drove past in his vehicle.  

    Acting United States Attorney Felice John Viti of the District of Utah made the announcement.

    The case was investigated by the FBI Salt Lake City Field Office’s Vernal Resident Agency.  

    Assistant U.S. Attorney Sam Pead of the U.S. Attorney’s Office for the District of Utah prosecuted the case.

    This case is part of Project Safe Neighborhoods (PSN), a program bringing together all levels of law enforcement and the communities they serve to reduce gun violence and other violent crime, and to make our neighborhoods safer for everyone.  On May 26, 2021, the Department launched a violent crime reduction strategy strengthening PSN based on these core principles: fostering trust and legitimacy in our communities, supporting community-based organizations that help prevent violence from occurring in the first place, setting focused and strategic enforcement priorities, and measuring the results.  For more information about Project Safe Neighborhoods, please visit Justice.gov/PSN.
     

    MIL Security OSI

  • MIL-OSI Security: South Bend Man Sentenced to 97 Months in Prison

    Source: Office of United States Attorneys

    SOUTH BEND – Jalen Pearson, 31 years old, of South Bend, Indiana, was sentenced by United States District Court Judge Damon R. Leichty after pleading guilty to distributing 5 or more grams of methamphetamine, announced Acting United States Attorney Tina L. Nommay.

    Pearson was sentenced to 97 months in prison followed by 4 years of supervised release.

    According to documents in the case, in June 2023, Pearson distributed approximately 3 pounds of a high purity of methamphetamine for nearly $7,000.

    This case was investigated by the Drug Enforcement Administration including the DEA North Central Laboratory with assistance from the Indiana State Police and the Mishawaka Police Department.  The case was prosecuted by Assistant United States Attorney Katelan McKenzie Doyle.

    This case was part of an Organized Crime Drug Enforcement Task Forces (OCDETF) investigation. OCDETF identifies, disrupts, and dismantles the highest-level drug traffickers, money launderers, gangs, and transnational criminal organizations that threaten the United States by using a prosecutor-led, intelligence-driven, multi-agency approach that leverages the strengths of federal, state, and local law enforcement agencies against criminal networks.

    MIL Security OSI

  • MIL-OSI Asia-Pac: Union Minister Ashwini Vaishnaw Unveils Major Infrastructure and IT Initiatives at Advantage Assam 2.0

    Source: Government of India

    Union Minister Ashwini Vaishnaw Unveils Major Infrastructure and IT Initiatives at Advantage Assam 2.0
    Semiconductor Manufacturing Gets a Boost: New Plant Announced for Assam

    Guwahati Railway Station to Be Transformed into IT Hub; Six New Gati Shakti Cargo Terminals to Enhance Assam’s Railway Network

    New Amrit Bharat Trains to Connect Guwahati with Delhi and Chennai

    Posted On: 25 FEB 2025 8:14PM by PIB Guwahati

    Shri Ashwini Vaishnaw, Union Minister of Railways, Electronics & Information Technology, and Information & Broadcasting, participated in the Advantage Assam 2.0 Investment and Infrastructure Summit held in Guwahati today. During the event, he announced several key initiatives and projects aimed at accelerating the growth of the railway and IT industries in the region.

    Highlighting the government’s commitment to enhancing infrastructure and industrialization, Shri Vaishnaw described the North East as the “New Engine” for India’s development. He unveiled plans for a new semiconductor plant in Assam, reinforcing the state’s growing role in electronics and semiconductor manufacturing. Additionally, he announced that Guwahati Railway Station would be transformed into a new IT hub, further strengthening the region’s digital infrastructure.

    The Minister underscored the government’s success in constructing 1,824 km of new railway tracks in Assam and the North East since 2014. He also noted the commissioning of two Gati Shakti cargo terminals in Assam at Moinarband and Cinnamara and announced development of 06 additional Gati Shakti Cargo Terminals at Chaygaon, New Bongaigaon, Bihara, Hilara, Baihata and Rangjuli which will significantly enhance the region’s railway network. Further bolstering connectivity, he confirmed that one Vande Bharat Express is already operational in the Northeast, with another soon to connect Guwahati and Agartala. He also announced the sanctioning of two Amrit Bharat trains (between Guwahati-Delhi and Guwahati-Chennai), which will become operational this year, and the establishment of a railway engine midlife remanufacturing facility in Lumding. The Minister also accounced the plan to set up a Wagon Workshop at Bashbari in Bodoland area at a cost of Rs 300 cr.

    Shri Vaishnaw emphasized the government’s plans to improve connectivity between Assam and Bhutan, opening up new opportunities for economic growth. Addressing development in the Bodoland region, he reiterated the government’s commitment under the Bodo Agreement by announcing the establishment of a Wagon Workshop in Bashbari.

    Discussing India’s remarkable strides in electronics and mobile manufacturing, the Minister noted that over 98% of mobile phones are now produced domestically. To further strengthen the sector, he announced the development of a Greenfield Electronic Manufacturing Cluster (EMC) at Bongora, Kamrup, under the Electronics Manufacturing Scheme at a project cost of Rs. 120 crores. Additionally, he shared that the National Institute of Electronics and Information Technology (NIELIT) has been upgraded to a Deemed-to-be University, with plans to establish a campus in Jagiroad.

    Shri Vaishnaw reaffirmed the government’s dedication to infrastructure and industrial development in the North East, expressing confidence that Assam will soon emerge as a significant industrial hub. Assam Chief Minister Dr. Himanta Biswa Sarma echoed this sentiment, acknowledging the central government’s continuous support in fostering new initiatives in the state. He expressed optimism that Assam will become a key player in the global semiconductor ecosystem.

    During the session, the Government of Assam signed MoUs with 10 industry groups from the semiconductor ecosystem across Singapore, Malaysia, and Japan, in the presence of the Union Minister strengthening international partnerships and fostering investment in the state’s growing semiconductor industry.

    KSY/PG/BM

    (Release ID: 2106238) Visitor Counter : 217

    MIL OSI Asia Pacific News