Category: Trumpism

  • MIL-OSI Asia-Pac: President Lai meets delegation from European Parliament

    Source: Republic of China Taiwan

    Details
    2025-05-20
    President Lai hosts state banquet for President Surangel Whipps Jr. of Republic of Palau
    On the evening of May 20, President Lai Ching-te, accompanied by Vice President Bi-khim Hsiao, hosted a state banquet at the Presidential Office in honor of President Surangel Whipps Jr. of the Republic of Palau and his wife. In remarks, President Lai said that he looks forward to working closely with President Whipps to promote tourism exchanges and sports cooperation so that Taiwan and Palau shine brightly together on the international stage. A translation of President Lai’s remarks follows: It is a pleasure to host this banquet tonight at the Presidential Office for President Whipps, First Lady Valerie Whipps, and the esteemed members of their delegation. Welcome to Taiwan. During my trips to Palau in 2022 and last year, President and First Lady Whipps received me with great hospitality. Wearing my island shirt, I enjoyed a very friendly reception from the people of Palau. It felt warm and friendly, just like being welcomed back home. The first time I visited Palau, President Whipps and I piloted a boat to the Milky Way lagoon. We both tried volcanic mud facial masks. We also fished together and enjoyed the breeze as we walked on the beach. Last year, on my second visit to Palau, I was honored to be invited to address the National Congress. I also observed the results of the close bilateral cooperation between our two nations. Due to its world-famous ocean scenery, Palau is sometimes referred to as “God’s aquarium.” And it is even possible to snorkel with sharks. It leaves a deep impression. Nothing compares to seeing Palau firsthand. During the COVID-19 pandemic, Taiwan and Palau launched a travel bubble that created a safe means of travel. Now, with the pandemic behind us, I hope that even more Taiwanese can tour Palau and gain a greater understanding of our diplomatic ally. In addition to tourism exchanges, I mentioned on my visit to Palau last year that I hoped Taiwan and Palau could promote sports cooperation by providing training away from home. Next month, Palau will be holding the Pacific Mini Games. And right now, Palau’s national baseball and table tennis teams are holding training sessions here in Taiwan. We will do our utmost to support Palau’s national players and we hope they stand out and achieve outstanding results in the events. I look forward to working closely with President Whipps so that Taiwan and Palau shine brightly together on the international stage. Thank you! Mesulang! President Whipps then delivered remarks, saying that it is truly an honor to be here once again one year after President Lai’s inauguration. Mentioning that this is his first state visit after being reelected to a second term, he said that it is important to be here among friends, and that we are more than friends, we are family. He thanked President Lai for the generous words and, most importantly, Taiwan’s enduring support. He remarked that our relationship continues to get stronger in each passing year. President Whipps said that President Lai’s diplomacy initiative, leadership, and vision deeply resonate with them. Diplomacy must be rooted in our shared values, he said, and an unwavering support for our allies and a commitment to a sustainable, inclusive development are all deeply appreciated by their people. President Whipps emphasized that, as we look into the future and the challenges that we face, from security to climate change, it is so important that we are united. He added that it is important for the world, and especially important for them in Palau, that they stand up for Taiwan, so that Taiwan can participate on international fora that address climate change, security, and health, because they know the world is better when Taiwan has a seat at the table. Mentioning that Palau will host the Pacific Islands Forum next year, President Whipps said that Palau remains committed to working closely with Taiwan to ensure a successful event, and that they will continue to speak up for Taiwan’s indispensable contributions as we stand together against any efforts to silence or isolate democratic partners. President Whipps said that our nations have navigated challenges and emerged stronger, bound by a partnership that is built on trust, respect, and hope for a better world. Whether it is in clean energy, education, smart medicine, or tourism, our shared journey is just beginning, he said, and we are stronger together.  Also in attendance at the banquet were Palauan Minister of State Gustav Aitaro, Minister of Public Infrastructure and Industries Charles Obichang, Minister of Human Resources, Culture, Tourism and Development Ngiraibelas Tmetuchl, Senate Floor Leader Kerai Mariur, House of Delegates Floor Leader Warren Umetaro, High Chief of Ngiwal State Elliot Udui, Governor of Peleliu State Emais Roberts, and Governor of Koror State Eyos Rudimch.

    Details
    2025-05-20
    President Lai and President Surangel S. Whipps, Jr. of Palau hold bilateral talks and witness signing of cooperation agreements  
    On the afternoon of May 20, following a welcome ceremony with military honors for President Surangel S. Whipps, Jr. of the Republic of Palau and his wife, President Lai Ching-te, accompanied by Vice President Bi-khim Hsiao, held bilateral talks with President Whipps at the Presidential Office. The two leaders also jointly witnessed the signing of a technical cooperation agreement and an agreement on diplomatic staff training cooperation. In remarks, President Lai thanked Palau for standing firm in its backing of Taiwan’s international participation as geopolitical tensions continue to increase in the Pacific region. He added that he looks forward to the cooperative ties between Taiwan and Palau continuing to expand into even broader areas, allowing our economies and societies to further progress as we jointly advance peace, stability, and prosperity in the Indo-Pacific region. A translation of President Lai’s remarks follows: I welcome our guests to Taiwan once again. Last year on May 20, President Whipps led a delegation to attend the inauguration ceremony for myself and Vice President Hsiao. I am delighted, on the anniversary of my first year in office, to meet with old friends of Taiwan again, as President Whipps returns for this visit. Taiwan-Palau relations have grown even closer in recent years thanks to the strong support of President Whipps. In 2022, during my term as vice president, I led a delegation to Palau as a demonstration of how our nations were together boosting tourism development as we jointly faced the challenges of the COVID-19 pandemic. Every time I visit Palau, and every time I meet with President Whipps, I feel very deeply that Taiwan and Palau are like family. We are both maritime nations and share a common Austronesian heritage and culture. We are also staunch partners in upholding such values as freedom, democracy, and respect for human rights. Last December, when I went on my first overseas trip since taking office, one of the nations I visited was Palau. We celebrated the 30th anniversary of Palau’s independence and 25 years of diplomatic relations, underscoring our friendly ties. Taiwan and Palau enjoy close exchanges and cooperation in a range of areas, including climate change, education, agriculture and fisheries, healthcare, humanitarian assistance, sports, and culture. After this meeting, President Whipps and I will witness the signing of a technical cooperation agreement and an agreement on diplomatic staff training cooperation, demonstrating once again our diverse collaboration and strong friendship. I believe that by working together, Taiwan and Palau can contribute to each other’s development and overcome the regional and global challenges we currently face. In particular, as geopolitical tensions continue to increase in the Pacific region, Palau has wisely and courageously upheld democratic values and stood firm in its backing of Taiwan’s international participation. Palau has never stopped voicing support for Taiwan, including at the United Nations General Assembly, the World Health Organization, the UN Framework Convention on Climate Change Conference of the Parties, and the UN Ocean Conference. We have been deeply moved by this support. I thank President Whipps again for his high regard and support for Taiwan. I look forward to the cooperative ties between our nations continuing to expand into even broader areas. This will allow our economies and societies to further progress as we jointly advance peace, stability, and prosperity in the Indo-Pacific region. President Whipps then delivered remarks, saying that it is a great honor for him to be here, standing in this historic place – a symbol of strength, resilience, and the democratic spirit of the Taiwanese people. On behalf of the government of Palau, President Whipps extended heartfelt gratitude to President Lai and the people of Taiwan for the warm welcome and gracious hospitality toward him and his delegation. President Whipps then extended sincere thanks for President Lai’s visit to Palau in December – his second visit to Palau – and for having Minister of Foreign Affairs Lin Chia-lung (林佳龍) attend his inauguration as a special envoy. He added that this also marks his third visit to Taiwan since President Lai took office, saying that this demonstrates the strength of our growing relationship. President Whipps indicated that the increased engagements and numerous entrepreneurs that President Lai has brought from Taiwan to Palau have resulted in fruitful visits, and that President Lai’s leadership represents hope, unity, and continued advancement of democracy and freedom, not only for Taiwan, but for the broader Indo-Pacific region. President Whipps went on to say that this visit to Taiwan reaffirms our deep friendship and shared values between our two nations. He emphasized that Palau and Taiwan are bound not by proximity, but by purpose, in that both are island nations and believe in human dignity, the rule of law, and the right of our people to determine their own futures. President Whipps stated that although we are celebrating 26 years of diplomatic relations, Taiwan has been a steadfast partner of Palau for decades, and that one of the MOUs they are signing further extends the relationship that began in December of 1984. From healthcare and medical missions, to education, agriculture, renewable energy, infrastructure, the private sector, tourism development, and climate resilience, he said, our cooperation has improved lives and strengthened our communities. The president also indicated that during the COVID-19 pandemic, Taiwan stood with Palau, noting that both sides began the tourism bubble, and that President Lai came to Palau to reopen the two weekly direct flights that have now been increased to four. That solidarity will never be forgotten, he said. As the world faces growing uncertainty and complex challenges from climate change to global tensions, President Whipps said, this friendship becomes even more vital. The president concluded his remarks by expressing hope that both nations continue to stand together, work together, and advocate together for peace, prosperity, and for the right of small nations to be seen, heard, and respected. After the bilateral talks, President Lai and President Whipps witnessed the signing of the technical cooperation agreement and the agreement on diplomatic staff training cooperation by Minister Lin and Palauan Minister of State Gustav Aitaro. The delegation also included Palauan Minister of Public Infrastructure and Industries Charles Obichang, Minister of Human Resources, Culture, Tourism and Development Ngiraibelas Tmetuchl, Senate Floor Leader Kerai Mariur, House of Delegates Floor Leader Warren Umetaro, High Chief of Ngiwal State Elliot Udui, Governor of Peleliu State Emais Roberts, and Governor of Koror State Eyos Rudimch.  

    Details
    2025-05-20
    President Lai interviewed by Nippon Television and Yomiuri TV
    In a recent interview on Nippon Television’s news zero program, President Lai Ching-te responded to questions from host Mr. Sakurai Sho and Yomiuri TV Shanghai Bureau Chief Watanabe Masayo on topics including reflections on his first year in office, cross-strait relations, China’s military threats, Taiwan-United States relations, and Taiwan-Japan relations. The interview was broadcast on the evening of May 19. During the interview, President Lai stated that China intends to change the world’s rules-based international order, and that if Taiwan were invaded, global supply chains would be disrupted. Therefore, he said, Taiwan will strengthen its national defense, prevent war by preparing for war, and achieve the goal of peace. The president also noted that Taiwan’s purpose for developing drones is based on national security and industrial needs, and that Taiwan hopes to collaborate with Japan. He then reiterated that China’s threats are an international problem, and expressed hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war. Following is the text of the questions and the president’s responses: Q: How do you feel as you are about to round out your first year in office? President Lai: When I was young, I was determined to practice medicine and save lives. When I left medicine to go into politics, I was determined to transform Taiwan. And when I was sworn in as president on May 20 last year, I was determined to strengthen the nation. Time flies, and it has already been a year. Although the process has been very challenging, I am deeply honored to be a part of it. I am also profoundly grateful to our citizens for allowing me the opportunity to give back to our country. The future will certainly be full of more challenges, but I will do everything I can to unite the people and continue strengthening the nation. That is how I am feeling now. Q: We are now coming up on the 80th anniversary of the end of World War II, and over this period, we have often heard that conflict between Taiwan and the mainland is imminent. Do you personally believe that a cross-strait conflict could happen? President Lai: The international community is very much aware that China intends to replace the US and change the world’s rules-based international order, and annexing Taiwan is just the first step. So, as China’s military power grows stronger, some members of the international community are naturally on edge about whether a cross-strait conflict will break out. The international community must certainly do everything in its power to avoid a conflict in the Taiwan Strait; there is too great a cost. Besides causing direct disasters to both Taiwan and China, the impact on the global economy would be even greater, with estimated losses of US$10 trillion from war alone – that is roughly 10 percent of the global GDP. Additionally, 20 percent of global shipping passes through the Taiwan Strait and surrounding waters, so if a conflict breaks out in the strait, other countries including Japan and Korea would suffer a grave impact. For Japan and Korea, a quarter of external transit passes through the Taiwan Strait and surrounding waters, and a third of the various energy resources and minerals shipped back from other countries pass through said areas. If Taiwan were invaded, global supply chains would be disrupted, and therefore conflict in the Taiwan Strait must be avoided. Such a conflict is indeed avoidable. I am very thankful to Prime Minister of Japan Ishiba Shigeru and former Prime Ministers Abe Shinzo, Suga Yoshihide, and Kishida Fumio, as well as US President Donald Trump and former President Joe Biden, and the other G7 leaders, for continuing to emphasize at international venues that peace and stability across the Taiwan Strait are essential components for global security and prosperity. When everyone in the global democratic community works together, stacking up enough strength to make China’s objectives unattainable or to make the cost of invading Taiwan too high for it to bear, a conflict in the strait can naturally be avoided. Q: As you said, President Lai, maintaining peace and stability across the Taiwan Strait is also very important for other countries. How can war be avoided? What sort of countermeasures is Taiwan prepared to take to prevent war? President Lai: As Mr. Sakurai mentioned earlier, we are coming up on the 80th anniversary of the end of WWII. There are many lessons we can take from that war. First is that peace is priceless, and war has no winners. From the tragedies of WWII, there are lessons that humanity should learn. We must pursue peace, and not start wars blindly, as that would be a major disaster for humanity. In other words, we must be determined to safeguard peace. The second lesson is that we cannot be complacent toward authoritarian powers. If you give them an inch, they will take a mile. They will keep growing, and eventually, not only will peace be unattainable, but war will be inevitable. The third lesson is why WWII ended: It ended because different groups joined together in solidarity. Taiwan, Japan, and the Indo-Pacific region are all directly subjected to China’s threats, so we hope to be able to join together in cooperation. This is why we proposed the Four Pillars of Peace action plan. First, we will strengthen our national defense. Second, we will strengthen economic resilience. Third is standing shoulder to shoulder with the democratic community to demonstrate the strength of deterrence. Fourth is that as long as China treats Taiwan with parity and dignity, Taiwan is willing to conduct exchanges and cooperate with China, and seek peace and mutual prosperity. These four pillars can help us avoid war and achieve peace. That is to say, Taiwan hopes to achieve peace through strength, prevent war by preparing for war, keeping war from happening and pursuing the goal of peace. Q: Regarding drones, everyone knows that recently, Taiwan has been actively researching, developing, and introducing drones. Why do you need to actively research, develop, and introduce new drones at this time? President Lai: This is for two purposes. The first is to meet national security needs. The second is to meet industrial development needs. Because Taiwan, Japan, and the Philippines are all part of the first island chain, and we are all democratic nations, we cannot be like an authoritarian country like China, which has an unlimited national defense budget. In this kind of situation, island nations such as Taiwan, Japan, and the Philippines should leverage their own technologies to develop national defense methods that are asymmetric and utilize unmanned vehicles. In particular, from the Russo-Ukrainian War, we see that Ukraine has successfully utilized unmanned vehicles to protect itself and prevent Russia from unlimited invasion. In other words, the Russo-Ukrainian War has already proven the importance of drones. Therefore, the first purpose of developing drones is based on national security needs. Second, the world has already entered the era of smart technology. Whether generative, agentic, or physical, AI will continue to develop. In the future, cars and ships will also evolve into unmanned vehicles and unmanned boats, and there will be unmanned factories. Drones will even be able to assist with postal deliveries, or services like Uber, Uber Eats, and foodpanda, or agricultural irrigation and pesticide spraying. Therefore, in the future era of comprehensive smart technology, developing unmanned vehicles is a necessity. Taiwan, based on industrial needs, is actively planning the development of drones and unmanned vehicles. I would like to take this opportunity to express Taiwan’s hope to collaborate with Japan in the unmanned vehicle industry. Just as we do in the semiconductor industry, where Japan has raw materials, equipment, and technology, and Taiwan has wafer manufacturing, our two countries can cooperate. Japan is a technological power, and Taiwan also has significant technological strengths. If Taiwan and Japan work together, we will not only be able to safeguard peace and stability in the Taiwan Strait and security in the Indo-Pacific region, but it will also be very helpful for the industrial development of both countries. Q: The drones you just described probably include examples from the Russo-Ukrainian War. Taiwan and China are separated by the Taiwan Strait. Do our drones need to have cross-sea flight capabilities? President Lai: Taiwan does not intend to counterattack the mainland, and does not intend to invade any country. Taiwan’s drones are meant to protect our own nation and territory. Q: Former President Biden previously stated that US forces would assist Taiwan’s defense in the event of an attack. President Trump, however, has yet to clearly state that the US would help defend Taiwan. Do you think that in such an event, the US would help defend Taiwan? Or is Taiwan now trying to persuade the US? President Lai: Former President Biden and President Trump have answered questions from reporters. Although their responses were different, strong cooperation with Taiwan under the Biden administration has continued under the Trump administration; there has been no change. During President Trump’s first term, cooperation with Taiwan was broader and deeper compared to former President Barack Obama’s terms. After former President Biden took office, cooperation with Taiwan increased compared to President Trump’s first term. Now, during President Trump’s second term, cooperation with Taiwan is even greater than under former President Biden. Taiwan-US cooperation continues to grow stronger, and has not changed just because President Trump and former President Biden gave different responses to reporters. Furthermore, the Trump administration publicly stated that in the future, the US will shift its strategic focus from Europe to the Indo-Pacific. The US secretary of defense even publicly stated that the primary mission of the US is to prevent China from invading Taiwan, maintain stability in the Indo-Pacific, and thus maintain world peace. There is a saying in Taiwan that goes, “Help comes most to those who help themselves.” Before asking friends and allies for assistance in facing threats from China, Taiwan must first be determined and prepared to defend itself. This is Taiwan’s principle, and we are working in this direction, making all the necessary preparations to safeguard the nation. Q: I would like to ask you a question about Taiwan-Japan relations. After the Great East Japan Earthquake in 2011, you made an appeal to give Japan a great deal of assistance and care. In particular, you visited Sendai to offer condolences. Later, you also expressed condolences and concern after the earthquakes in Aomori and Kumamoto. What are your expectations for future Taiwan-Japan exchanges and development? President Lai: I come from Tainan, and my constituency is in Tainan. Tainan has very deep ties with Japan, and of course, Taiwan also has deep ties with Japan. However, among Taiwan’s 22 counties and cities, Tainan has the deepest relationship with Japan. I sincerely hope that both of you and your teams will have an opportunity to visit Tainan. I will introduce Tainan’s scenery, including architecture from the era of Japanese rule, Tainan’s cuisine, and unique aspects of Tainan society, and you can also see lifestyles and culture from the Showa era.  The Wushantou Reservoir in Tainan was completed by engineer Mr. Hatta Yoichi from Kanazawa, Japan and the team he led to Tainan after he graduated from then-Tokyo Imperial University. It has nearly a century of history and is still in use today. This reservoir, along with the 16,000-km-long Chianan Canal, transformed the 150,000-hectare Chianan Plain into Taiwan’s premier rice-growing area. It was that foundation in agriculture that enabled Taiwan to develop industry and the technology sector of today. The reservoir continues to supply water to Tainan Science Park. It is used by residents of Tainan, the agricultural sector, and industry, and even the technology sector in Xinshi Industrial Park, as well as Taiwan Semiconductor Manufacturing Company. Because of this, the people of Tainan are deeply grateful for Mr. Hatta and very friendly toward the people of Japan. A major earthquake, the largest in 50 years, struck Tainan on February 6, 2016, resulting in significant casualties. As mayor of Tainan at the time, I was extremely grateful to then-Prime Minister Abe, who sent five Japanese officials to the disaster site in Tainan the day after the earthquake. They were very thoughtful and asked what kind of assistance we needed from the Japanese government. They offered to provide help based on what we needed. I was deeply moved, as former Prime Minister Abe showed such care, going beyond the formality of just sending supplies that we may or may not have actually needed. Instead, the officials asked what we needed and then provided assistance based on those needs, which really moved me. Similarly, when the Great East Japan Earthquake of 2011 or the later Kumamoto earthquakes struck, the people of Tainan, under my leadership, naturally and dutifully expressed their support. Even earlier, when central Taiwan was hit by a major earthquake in 1999, Japan was the first country to deploy a rescue team to the disaster area. On February 6, 2018, after a major earthquake in Hualien, former Prime Minister Abe appeared in a video holding up a message of encouragement he had written in calligraphy saying “Remain strong, Taiwan.” All of Taiwan was deeply moved. Over the years, Taiwan and Japan have supported each other when earthquakes struck, and have forged bonds that are family-like, not just neighborly. This is truly valuable. In the future, I hope Taiwan and Japan can be like brothers, and that the peoples of Taiwan and Japan can treat one another like family. If Taiwan has a problem, then Japan has a problem; if Japan has a problem, then Taiwan has a problem. By caring for and helping each other, we can face various challenges and difficulties, and pursue a brighter future. Q: President Lai, you just used the phrase “If Taiwan has a problem, then Japan has a problem.” In the event that China attempts to invade Taiwan by force, what kind of response measures would you hope the US military and Japan’s Self-Defense Forces take? President Lai: As I just mentioned, annexing Taiwan is only China’s first step. Its ultimate objective is to change the rules-based international order. That being the case, China’s threats are an international problem. So, I would very much hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war – prevention, after all, is more important than cure.

    Details
    2025-05-13
    President Lai interviewed by Japan’s Nikkei  
    In a recent interview with Japan’s Nikkei, President Lai Ching-te responded to questions regarding Taiwan-Japan and Taiwan-United States relations, cross-strait relations, the semiconductor industry, and the international economic and trade landscape. The interview was published by Nikkei on May 13. President Lai indicated that Nikkei, Inc. is a global news organization that has received significant recognition both domestically and internationally, and that he is deeply honored to be interviewed by Nikkei and grateful for their invitation. The president said that he would like to take this rare opportunity to thank Japan’s government, National Diet, society, and public for their longstanding support for Taiwan. Noting that current Prime Minister Ishiba Shigeru and former Prime Ministers Abe Shinzo, Suga Yoshihide, and Kishida Fumio have all strongly supported Taiwan, he said that the peoples of Taiwan and Japan also have a deep mutual affection, and that through the interview, he hopes to enhance the bilateral relationship between Taiwan and Japan, deepen the affection between our peoples, and foster more future cooperation to promote prosperity and development in both countries. In response to questions raised on the free trade system and the recent tariff war, President Lai indicated that over the past few decades, the free economy headed by the Western world and led by the US has brought economic prosperity and political stability to Taiwan and Japan. At the same time, he said, we have also learned or followed many Western values. The president said he believes that Taiwan and Japan are exemplary students, but some countries are not. Therefore, he said, the biggest crisis right now is China, which exploits the free trade system to engage in plagiarism and counterfeiting, infringe on intellectual property rights, and even provide massive government subsidies that facilitate the dumping of low-priced goods worldwide, which has a major impact on many countries including Japan and Taiwan. If this kind of unfair trade is not resolved, he said, the stable societies and economic prosperity we have painstakingly built over decades, as well as some of the values we pursue, could be destroyed. Therefore, President Lai said he thinks it is worthwhile for us to observe the recent willingness of the US to address unfair trade, and if necessary, offer assistance. President Lai emphasized that the national strategic plan for Taiwanese industries is for them to be rooted in Taiwan while expanding their global presence and marketing worldwide. Therefore, he said, while the 32 percent tariff increase imposed by the US on Taiwan is indeed a major challenge, we are willing to address it seriously and find opportunities within that challenge, making Taiwan’s strategic plan for industry even more comprehensive. When asked about Taiwan’s trade arrangements, President Lai indicated that in 2010 China accounted for 83.8 percent of Taiwan’s outbound investment, but last year it accounted for only 7.5 percent. In 2020, he went on, 43.9 percent of Taiwan’s exports went to China, but that figure dropped to 31.7 percent in 2024. The president said that we have systematically transferred investments from Taiwanese enterprises to Japan, Southeast Asia, Europe, and the US. Therefore, he said, last year Taiwan’s largest outbound investment was in the US, accounting for roughly 40 percent of the total. Nevertheless, only 23.4 percent of Taiwanese products were sold to the US, with 76.6 percent sold to places other than the US, he said.  The president emphasized that we don’t want to put all our eggs in one basket, and hope to establish a global presence. Under these circumstances, he said, Taiwan is very eager to cooperate with Japan. President Lai stated that at this moment, the Indo-Pacific and international community really need Japan’s leadership, especially to make the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) excel in its functions, and also requested Japan to support Taiwan’s CPTPP accession. The president said that Taiwan hopes to sign an Economic Partnership Agreement (EPA) with Japan to build closer ties in economic trade and promote further investment, and that we also hope to strengthen relations with the European Union, and even other regions. Currently, he said, we are proposing an initiative on global semiconductor supply chain partnerships for democracies, because the semiconductor industry is an ecosystem. The president raised the example that Japan has materials, equipment, and technology; the US has IC design and marketing; Taiwan has production and manufacturing; and the Netherlands excels in equipment, saying we therefore hope to leverage Taiwan’s advantages in production and manufacturing to connect the democratic community and establish a global non-red supply chain for semiconductors, ensuring further world prosperity and development in the future, and ensuring that free trade can continue to function without being affected by dumping, which would undermine future prosperity and development. The president stated that as we want industries to expand their global presence and market internationally while staying rooted here in Taiwan, having industries rooted in Taiwan involves promoting pay raises for employees, tax cuts, and deregulation, as well as promoting enterprise investment tax credits. He said that we have also proposed Three Major Programs for Investing in Taiwan for Taiwanese enterprises and are actively resolving issues regarding access to water, electricity, land, human resources, and professional talent so that the business community can return to Taiwan to invest, or enterprises in Taiwan can increase their investments. He went on to say that we are also actively signing bilateral investment agreements with friends and allies so that when our companies invest and expand their presence abroad, their rights and interests as investors are ensured.  President Lai mentioned that Taiwan hopes to sign an EPA with Japan, similar to the Taiwan-US Initiative on 21st-Century Trade and the Economic Prosperity Partnership Dialogue, or the Enhanced Trade Partnership arrangement with the United Kingdom, or similar agreements or memorandums of understanding with Canada and Australia that allow Taiwanese products to be marketed worldwide, concluding that those are our overall arrangements. Looking at the history of Taiwan’s industrial development, President Lai indicated, of course it began in Taiwan, and then moved west to China and south to Southeast Asia. He said that we hope to take this opportunity to strengthen cooperation with Japan to the north, across the Pacific Ocean to the east, and develop the North American market, making Taiwan’s industries even stronger. In other words, he said, while Taiwan sees the current reciprocal tariffs imposed by the US as a kind of challenge, it also views these changes positively. On the topic of pressure from China affecting Taiwan’s participation in international frameworks such as the CPTPP or its signing of an EPA with Japan, President Lai responded that the key point is what kind of attitude we should adopt in viewing China’s acts of oppression. If we act based on our belief in free trade, he said, or on the universal values we pursue – democracy, freedom, and respect for human rights – and also on the understanding that a bilateral trade agreement between Taiwan and Japan would contribute to the economic prosperity and development of both countries, or that Taiwan’s accession to the CPTPP would benefit progress and prosperity in the Indo-Pacific region, then he hopes that friends and allies will strongly support us. On the Trump administration’s intentions regarding the reciprocal tariff policy and the possibility of taxing semiconductors, as well as how Taiwan plans to respond, President Lai said that since President Trump took office, he has paid close attention to interviews with both him and his staff. The president said that several of President Trump’s main intentions are: First, he wants to address the US fiscal situation. For example, President Lai said, while the US GDP is about US$29 trillion annually, its national debt stands at US$36 trillion, which is roughly 124 percent of GDP. Second, he went on, annual government spending exceeds US$6.5 trillion, but revenues are only around US$4.5 trillion, resulting in a nearly US$2 trillion deficit each year, about 7 percent of GDP. Third, he said, the US pays nearly US$1.2 trillion in interest annually, which exceeds the US$1 trillion defense budget and accounts for more than 3 percent of GDP. Fourth, President Trump still wants to implement tax cuts, aiming to reduce taxes for 85 percent of Americans, he said, noting that this would cost between US$500 billion and US$1 trillion. These points, President Lai said, illustrate his first goal: solving the fiscal problem. President Lai went on to say that second, the US feels the threat of China and believes that reindustrialization is essential; without reindustrialization, the US risks a growing gap in industrial capacity compared to China. Third, he said, in this era of global smart technology, President Trump wants to lead the nation to become a world center of AI. Fourth, he aims to ensure world peace and prevent future wars, President Lai said. In regard to what the US seeks to achieve, he said he believes these four areas form the core of the Trump administration’s intentions, and that is why President Trump has raised tariffs, demanded that trading partners purchase more American goods, and encouraged friendly and allied nations to invest in the US, all in order to achieve these goals. President Lai indicated that the 32 percent reciprocal tariff poses a critical challenge for Taiwan, and we must treat it seriously. He said that our approach is not confrontation, but negotiation to reduce tariffs, and that we have also agreed to measures such as procurement, investment, resolving non-tariff trade barriers, and addressing origin washing in order to effectively reduce the trade deficit between Taiwan and the US. Of course, he said, through this negotiation process, we also hope to turn challenges into opportunities. The president said that first, we aim to start negotiations from the proposal of zero tariffs and seek to establish a bilateral trade agreement with the US. Second, he went on, we hope to support US reindustrialization and its aim to become a world AI hub through investment, while simultaneously upgrading and transforming Taiwan’s industries, which would help further integrate Taiwan’s industries into the US economic structure, ensuring Taiwan’s long-term development.  President Lai emphasized again that Taiwan’s national industrial strategy is for industries to stay firmly rooted in Taiwan while expanding their global presence and marketing worldwide. He repeated that we have gone from moving westward across the Taiwan Strait, to shifting southbound, to working closer northward with Japan, and now the time is ripe for us to expand eastward by investing in North America. In other words, he said, while we take this challenge seriously to protect national interests and ensure that no industry is sacrificed, we also hope these negotiations will lead to deeper Taiwan-US trade relations through Taiwanese investment in the US, concluding that these are our expectations. The president stated that naturally, the reciprocal tariffs imposed by the US will have an impact on Taiwanese industries, so in response, the Taiwanese government has already proposed support measures for affected industries totaling NT$93 billion. In addition, he said, we have outlined broader needs for Taiwan’s long-term development, which will be covered by a special budget proposal of NT$410 billion, noting that this has already been approved by the Executive Yuan and will be submitted to the Legislative Yuan for review. He said that this special budget proposal addresses four main areas: supporting industries, stabilizing employment, protecting people’s livelihoods, and enhancing resilience. As for tariffs on semiconductors, President Lai said, Taiwan Semiconductor Manufacturing Company (TSMC) has committed to investing in the US at the request of its customers. He said he believes that TSMC’s industry chain will follow suit, and that these are concrete actions that are unrelated to tariffs. However, he said, if the US were to invoke Section 232 and impose tariffs on semiconductors or related industries, it would discourage Taiwanese semiconductor and ICT investments in the US, and that we will make this position clear to the US going forward. President Lai indicated that among Taiwan’s exports to the US, there are two main categories: ICT products and electronic components, which together account for 65.4 percent. These are essential to the US, he said, unlike final goods such as cups, tables, or mattresses. He went on to say that what Taiwan sells to the US are the technological products required by AI designers like NVIDIA, AMD, Amazon, Google, and Apple, and that therefore, we will make sure the US understands clearly that we are not exporting end products, but the high-tech components necessary for the US to reindustrialize and become a global AI center. Furthermore, the president said, Taiwan is also willing to increase its defense budget and military procurement. He stated that Taiwan is committed to defending itself and is strongly willing to cooperate with friends and allies to ensure regional peace and stability, and that this is also something President Trump hopes to see. Asked whether TSMC’s fabs overseas could weaken Taiwan’s strategic position as a key hub for semiconductor manufacturing, and whether that could then give other countries fewer incentives to protect Taiwan, President Lai responded by saying that political leaders around the world including Japan’s Prime Minister Ishiba and former Prime Ministers Abe, Suga, and Kishida have emphasized, at the G7 and other major international fora, that peace and stability in the Taiwan Strait are essential for global security and prosperity. In other words, he explained, the international community cares about Taiwan and supports peace and stability in the Taiwan Strait because Taiwan is located in the first island chain in the Indo-Pacific, directly facing China. He pointed out that if Taiwan is not protected, China’s expansionist ambitions will certainly grow, which would impact the current rules-based international order. Thus, he said, the international community willingly cares about Taiwan and supports stability in the Taiwan Strait – that is the reason, and it has no direct connection with TSMC. He noted that after all, TSMC has not made investments in that many countries, stressing that, on that point, it is clear. President Lai said that TSMC’s investments in Japan, Europe, and the US are all natural, normal economic and investment activities. He said that Taiwan is a democratic country whose society is based on the rule of law, so when Taiwanese companies need to invest around the world for business needs, the government will support those investments in principle so long as they do not harm national interests. President Lai said that after TSMC Chairman C.C. Wei (魏哲家) held a press conference with President Trump to announce the investment in the US, Chairman Wei returned to Taiwan to hold a press conference with him at the Presidential Office, where the chairman explained to the Taiwanese public that TSMC’s R&D center will remain in Taiwan and that the facilities it has already committed to investing in here will not change and will not be affected. So, the president explained, to put it another way, TSMC will not be weakened by its investment in the US. He further emphasized that Taiwan has strengths in semiconductor manufacturing and is very willing to work alongside other democratic countries to promote the next stage of global prosperity and development. A question was raised about which side should be chosen between the US and China, under the current perception of a return to the Cold War, with East and West facing off as two opposing blocs. President Lai responded by saying that some experts and scholars describe the current situation as entering a new Cold War era between democratic and authoritarian camps; others assert that the war has already begun, including information warfare, economic and trade wars, and the ongoing wars in Europe – the Russo-Ukrainian War – and the Middle East, and the Israel-Hamas conflict. The president said that these are all matters experts have cautioned about, noting that he is not a historian and so will not attempt to define today’s political situation from an academic standpoint. However, he said, he believes that every country has a choice, which is to say, Taiwan, Japan, or any other nation does not necessarily have to choose between the US and China. What we are deciding, he said, is whether our country will maintain a democratic constitutional system or regress into an authoritarian regime, and this is essentially a choice of values – not merely a choice between two major powers. President Lai said that Taiwan’s situation is different from other countries because we face a direct threat from China. He pointed out that we have experienced military conflicts such as the August 23 Artillery Battle and the Battle of Guningtou – actual wars between the Republic of China and the People’s Republic of China. He said that China’s ambition to annex Taiwan has never wavered, and that today, China’s political and military intimidation, as well as internal united front infiltration, are growing increasingly intense. Therefore, he underlined, to defend democracy and sovereignty, protect our free and democratic system, and ensure the safety of our people’s lives and property, Taiwan’s choice is clear. President Lai said that China’s military exercises are not limited to the Taiwan Strait, and include the East China Sea, South China Sea, and even the Sea of Japan, as well as areas around Korea and Australia. Emphasizing that Taiwan, Japan, Australia, and the Philippines are all democratic nations, the president said that Taiwan’s choice is clear, and that he believes Japan also has no other choice. We are all democratic countries, he said, whose people have long pursued the universal values of democracy, freedom, and respect for human rights, and that is what is most important. Regarding the intensifying tensions between the US and China, the president was asked what roles Taiwan and Japan can play. President Lai responded that in his view, Japan is a powerful nation, and he sincerely hopes that Japan can take a leading role amid these changes in the international landscape. He said he believes that countries in the Indo-Pacific region are also willing to respond. He suggested several areas where we can work together: first, democracy and peace; second, innovation and prosperity; and third, justice and sustainability. President Lai stated that in the face of authoritarian threats, we should let peace be our beacon and democracy our compass as we respond to the challenges posed by authoritarian states. Second, he added, as the world enters an era characterized by the comprehensive adoption of smart technologies, Japan and Taiwan should collaborate in the field of innovation to further drive regional prosperity and development. Third, he continued, is justice and sustainability. He explained that because international society still has many issues that need to be resolved, Taiwan and Japan can cooperate for the public good, helping countries in need around the world, and cooperating to address climate change and achieve net-zero transition by 2050. Asked whether he hopes that the US will continue to be a leader in the liberal democratic system, President Lai responded by saying that although the US severed diplomatic ties with the Republic of China, for the past few decades it has assisted Taiwan in various areas such as national defense, security, and countering threats from China, based on the Taiwan Relations Act and the Six Assurances. He pointed out that Taiwan has also benefited, directly and indirectly, in terms of politics, democracy, and economic prosperity thanks to the US, and so Taiwan naturally hopes that the US remains strong and continues to lead the world. President Lai said that when the US encounters difficulties, whether financial difficulties, reindustrialization issues, or becoming a global center for AI, and hopes to receive support from its friends and allies to jointly safeguard regional peace and stability, Taiwan is willing to stand together for a common cause. If the US remains strong, he said, that helps Taiwan, the Indo-Pacific region, and the world as a whole. Noting that while the vital role of the US on the global stage has not changed, the president said that after decades of shouldering global responsibilities, it has encountered some issues. Now, it has to make adjustments, he said, stating his firm belief that it will do so swiftly, and quickly resume its leadership role in the world. Asked to comment on remarks he made during his election campaign that he would like to invite China’s President Xi Jinping for bubble tea, President Lai responded that Taiwan is a peace-loving country, and Taiwanese society is inherently kind, and therefore we hope to get along peacefully with China, living in peace and mutual prosperity. So, during his term as vice president, he said, he was expressing the goodwill of Taiwanese society. Noting that while he of course understands that China’s President Xi would have certain difficulties in accepting this, he emphasized that the goodwill of Taiwanese society has always existed. If China reflects on the past two or three decades, he said, it will see that its economy was able to develop with Taiwan as its largest foreign investor. The president explained that every year, 1 to 2 million Taiwanese were starting businesses or investing in China, creating numerous job opportunities and stabilizing Chinese society. While many Taiwanese businesses have profited, he said, Chinese society has benefited even more. He added that every time a natural disaster occurs, if China is in need, Taiwanese always offer donations. Therefore, the president said, he hopes that China can face the reality of the Republic of China’s existence and understand that the people of Taiwan hope to continue living free and democratic lives with respect for human rights. He also expressed hope that China can pay attention to the goodwill of Taiwanese society. He underlined that we have not abandoned the notion that as long as there is parity, dignity, exchange, and cooperation, the goodwill of choosing dialogue over confrontation and exchange over containment will always exist. Asked for his view on the national security reforms in response to China’s espionage activities and infiltration attempts, President Lai said that China’s united front infiltration activities in Taiwan are indeed very serious. He said that China’s ambitions to annex Taiwan rely not only on the use of political and military intimidation, but also on its long-term united front and infiltration activities in Taiwanese society. Recently, he pointed out, the Taiwan High Prosecutors Office of the Ministry of Justice prosecuted 64 spies, which is three times the number in 2021, and in addition to active-duty military personnel, many retired military personnel were also indicted. Moreover, he added, Taiwan also has the Chinese Unification Promotion Party, which has a background in organized crime, Rehabilitation Alliance Party, which was established by retired military personnel, and Republic of China Taiwan Military Government, which is also composed of retired generals. He explained that these are all China’s front organizations, and they plan one day to engage in collaboration within Taiwan, which shows the seriousness of China’s infiltration in Taiwan. Therefore, the president said, in the recent past he convened a high-level national security meeting and proposed 17 response strategies across five areas. He then enumerated the five areas: first, to address China’s threat to Taiwan’s sovereignty; second, to respond to the threat of China’s obscuring the Taiwanese people’s sense of national identity; third, to respond to the threat of China’s infiltrating and recruiting members of the ROC Armed Forces as spies; fourth, to respond to the threat of China’s infiltration of Taiwanese society through societal exchanges and united front work; and fifth, to respond to the threat of China using “integration plans” to draw Taiwan’s young people and Taiwanese businesses into its united front activities. In response to these five major threats, he said, he has proposed 17 response strategies, one of which being to restore the military trial system. He explained that if active-duty military personnel commit military crimes, they must be subject to military trials, and said that this expresses the Taiwanese government’s determination to respond to China’s united front infiltration and the subversion of Taiwan. Responding to the question of which actions Taiwan can take to guard against China’s threats to regional security, President Lai said that many people are worried that the increasingly tense situation may lead to accidental conflict and the outbreak of war. He stated his own view that Taiwan is committed to facing China’s various threats with caution. Taiwan is never the source of these problems, he emphasized, and if there is an accidental conflict and it turns into a full-scale war, it will certainly be a deliberate act by China using an accidental conflict as a pretext. He said that when China expanded its military presence in the East China Sea and South China Sea, the international community did not stop it; when China conducted exercises in the Taiwan Strait, the international community did not take strong measures to prevent this from happening. Now, he continued, China is conducting gray-zone exercises, which are aggressions against not only the Taiwan Strait, the South China Sea, and the East China Sea, but also extending to the Sea of Japan and waters near South Korea. He said that at this moment, Taiwan, the Philippines, Japan, and even the US should face these developments candidly and seriously, and we must exhibit unity and cooperation to prevent China’s gray-zone aggression from continuing to expand and prevent China from shifting from a military exercise to combat. If no action is taken now, the president said, the situation may become increasingly serious. Asked about the view of some US analysts who point out that China will have the ability to invade Taiwan around 2027, President Lai responded that Taiwan, as the country on the receiving end of threats and aggression, must plan for the worst and make the best preparations. He recalled a famous saying from the armed forces: “Do not count on the enemy not showing up; count on being ready should it strike.” This is why, he said, he proposed the Four Pillars of Peace action plan. First, he said, we must strengthen our national defense. Second, he added, we must strengthen economic resilience, adding that not only must our economy remain strong, but it must also be resilient, and that we cannot put all our eggs in the same basket, in China, as we have done in the past. Third, he continued, we must stand shoulder to shoulder with friends and allies such as Japan and the US, as well as the democratic community, and we must demonstrate the strength of deterrence to prevent China from making the wrong judgment. Fourth, he emphasized, as long as China treats Taiwan with parity and dignity, Taiwan is willing to conduct exchanges and cooperate with China and seek cross-strait peace and mutual prosperity through exchanges and cooperation. Regarding intensifying US-China confrontation, the president was asked in which areas he thinks Taiwan and Japan should strengthen cooperation; with Japan’s Ishiba administration also being a minority government, the president was asked for his expectations for the Ishiba administration. President Lai said that in the face of rapid and tremendous changes in the political situation, every government faces considerable challenges, especially for minority governments, but the Japanese government led by Prime Minister Ishiba has quite adequately responded with various strategies. Furthermore, he said, Japan is different from Taiwan, explaining that although Japan’s ruling party lacks a majority, political parties in Japan engage in competition domestically while exhibiting unity externally. He said that Taiwan’s situation is more challenging, because the ruling and opposition parties hold different views on the direction of the country, due to differences in national identity. The president expressed his hope that in the future Taiwan and Japan will enjoy even more comprehensive cooperation. He stated that he has always believed that deep historical bonds connect Taiwan and Japan. Over the past several decades, he said, when encountering natural disasters and tragedies, our two nations have assisted each other with mutual care and support. He said that the affection between the people of Taiwan and Japan is like that of a family. Pointing out that both countries face the threat of authoritarianism, he said that we share a mission to safeguard universal values such as democracy, freedom, and respect for human rights. The president said that our two countries should be more open to cooperation in various areas to maintain regional peace and stability as well as to strengthen cooperation in economic and industrial development, such as for semiconductor industry chains and everyday applications of AI, including robots and drones, adding that we can also cooperate on climate change response, such as in hydrogen energy and other strategies. He said our two countries should also continue to strengthen people-to-people exchanges. He then took the opportunity to once again invite our good friends from Japan to visit Taiwan for tourism and learn more about Taiwan, saying that the Taiwanese people wholeheartedly welcome our Japanese friends.  

    Details
    2025-05-09
    President Lai extends congratulations on election of His Holiness Pope Leo XIV  
    Following the successful election of the 267th pope of the Roman Catholic Church, His Holiness Pope Leo XIV, on May 8, President Lai Ching-te extended sincere congratulations on behalf of the people and government of Taiwan, including its Catholic community. The president stated that he looks forward to working with Pope Leo XIV to continue deepening cooperation in the area of humanitarian aid and jointly defend the universal value of religious freedom, expanding and strengthening the alliance between Taiwan and the Vatican. Upon learning of the election results, President Lai directed the Republic of China (Taiwan) Embassy to the Holy See to convey a message of congratulations. In the message, President Lai extended sincere congratulations to Pope Leo XIV on behalf of the people and government of Taiwan, including its Catholic community, expressing confidence that His Holiness will lead the Catholic Church and its 1.4 billion followers worldwide with profound wisdom. President Lai also emphasized that Taiwan looks forward to continuing to work alongside the Holy See in the shared pursuit of peace, justice, religious freedom, solidarity, friendship, and human dignity. This year marks the 83rd anniversary of the establishment of diplomatic ties between Taiwan and the Vatican. Enjoying a strong alliance, Taiwan and the Vatican share such universal values as freedom of religion, respect for human rights, peace, and benevolence, and conduct close exchanges. Taiwan will continue to engage in exchanges and cooperation with the Holy See, further strengthen bilateral relations, and work alongside the Holy See to contribute even more to the world.  

    Details
    2025-05-20
    President Lai interviewed by Nippon Television and Yomiuri TV
    In a recent interview on Nippon Television’s news zero program, President Lai Ching-te responded to questions from host Mr. Sakurai Sho and Yomiuri TV Shanghai Bureau Chief Watanabe Masayo on topics including reflections on his first year in office, cross-strait relations, China’s military threats, Taiwan-United States relations, and Taiwan-Japan relations. The interview was broadcast on the evening of May 19. During the interview, President Lai stated that China intends to change the world’s rules-based international order, and that if Taiwan were invaded, global supply chains would be disrupted. Therefore, he said, Taiwan will strengthen its national defense, prevent war by preparing for war, and achieve the goal of peace. The president also noted that Taiwan’s purpose for developing drones is based on national security and industrial needs, and that Taiwan hopes to collaborate with Japan. He then reiterated that China’s threats are an international problem, and expressed hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war. Following is the text of the questions and the president’s responses: Q: How do you feel as you are about to round out your first year in office? President Lai: When I was young, I was determined to practice medicine and save lives. When I left medicine to go into politics, I was determined to transform Taiwan. And when I was sworn in as president on May 20 last year, I was determined to strengthen the nation. Time flies, and it has already been a year. Although the process has been very challenging, I am deeply honored to be a part of it. I am also profoundly grateful to our citizens for allowing me the opportunity to give back to our country. The future will certainly be full of more challenges, but I will do everything I can to unite the people and continue strengthening the nation. That is how I am feeling now. Q: We are now coming up on the 80th anniversary of the end of World War II, and over this period, we have often heard that conflict between Taiwan and the mainland is imminent. Do you personally believe that a cross-strait conflict could happen? President Lai: The international community is very much aware that China intends to replace the US and change the world’s rules-based international order, and annexing Taiwan is just the first step. So, as China’s military power grows stronger, some members of the international community are naturally on edge about whether a cross-strait conflict will break out. The international community must certainly do everything in its power to avoid a conflict in the Taiwan Strait; there is too great a cost. Besides causing direct disasters to both Taiwan and China, the impact on the global economy would be even greater, with estimated losses of US$10 trillion from war alone – that is roughly 10 percent of the global GDP. Additionally, 20 percent of global shipping passes through the Taiwan Strait and surrounding waters, so if a conflict breaks out in the strait, other countries including Japan and Korea would suffer a grave impact. For Japan and Korea, a quarter of external transit passes through the Taiwan Strait and surrounding waters, and a third of the various energy resources and minerals shipped back from other countries pass through said areas. If Taiwan were invaded, global supply chains would be disrupted, and therefore conflict in the Taiwan Strait must be avoided. Such a conflict is indeed avoidable. I am very thankful to Prime Minister of Japan Ishiba Shigeru and former Prime Ministers Abe Shinzo, Suga Yoshihide, and Kishida Fumio, as well as US President Donald Trump and former President Joe Biden, and the other G7 leaders, for continuing to emphasize at international venues that peace and stability across the Taiwan Strait are essential components for global security and prosperity. When everyone in the global democratic community works together, stacking up enough strength to make China’s objectives unattainable or to make the cost of invading Taiwan too high for it to bear, a conflict in the strait can naturally be avoided. Q: As you said, President Lai, maintaining peace and stability across the Taiwan Strait is also very important for other countries. How can war be avoided? What sort of countermeasures is Taiwan prepared to take to prevent war? President Lai: As Mr. Sakurai mentioned earlier, we are coming up on the 80th anniversary of the end of WWII. There are many lessons we can take from that war. First is that peace is priceless, and war has no winners. From the tragedies of WWII, there are lessons that humanity should learn. We must pursue peace, and not start wars blindly, as that would be a major disaster for humanity. In other words, we must be determined to safeguard peace. The second lesson is that we cannot be complacent toward authoritarian powers. If you give them an inch, they will take a mile. They will keep growing, and eventually, not only will peace be unattainable, but war will be inevitable. The third lesson is why WWII ended: It ended because different groups joined together in solidarity. Taiwan, Japan, and the Indo-Pacific region are all directly subjected to China’s threats, so we hope to be able to join together in cooperation. This is why we proposed the Four Pillars of Peace action plan. First, we will strengthen our national defense. Second, we will strengthen economic resilience. Third is standing shoulder to shoulder with the democratic community to demonstrate the strength of deterrence. Fourth is that as long as China treats Taiwan with parity and dignity, Taiwan is willing to conduct exchanges and cooperate with China, and seek peace and mutual prosperity. These four pillars can help us avoid war and achieve peace. That is to say, Taiwan hopes to achieve peace through strength, prevent war by preparing for war, keeping war from happening and pursuing the goal of peace. Q: Regarding drones, everyone knows that recently, Taiwan has been actively researching, developing, and introducing drones. Why do you need to actively research, develop, and introduce new drones at this time? President Lai: This is for two purposes. The first is to meet national security needs. The second is to meet industrial development needs. Because Taiwan, Japan, and the Philippines are all part of the first island chain, and we are all democratic nations, we cannot be like an authoritarian country like China, which has an unlimited national defense budget. In this kind of situation, island nations such as Taiwan, Japan, and the Philippines should leverage their own technologies to develop national defense methods that are asymmetric and utilize unmanned vehicles. In particular, from the Russo-Ukrainian War, we see that Ukraine has successfully utilized unmanned vehicles to protect itself and prevent Russia from unlimited invasion. In other words, the Russo-Ukrainian War has already proven the importance of drones. Therefore, the first purpose of developing drones is based on national security needs. Second, the world has already entered the era of smart technology. Whether generative, agentic, or physical, AI will continue to develop. In the future, cars and ships will also evolve into unmanned vehicles and unmanned boats, and there will be unmanned factories. Drones will even be able to assist with postal deliveries, or services like Uber, Uber Eats, and foodpanda, or agricultural irrigation and pesticide spraying. Therefore, in the future era of comprehensive smart technology, developing unmanned vehicles is a necessity. Taiwan, based on industrial needs, is actively planning the development of drones and unmanned vehicles. I would like to take this opportunity to express Taiwan’s hope to collaborate with Japan in the unmanned vehicle industry. Just as we do in the semiconductor industry, where Japan has raw materials, equipment, and technology, and Taiwan has wafer manufacturing, our two countries can cooperate. Japan is a technological power, and Taiwan also has significant technological strengths. If Taiwan and Japan work together, we will not only be able to safeguard peace and stability in the Taiwan Strait and security in the Indo-Pacific region, but it will also be very helpful for the industrial development of both countries. Q: The drones you just described probably include examples from the Russo-Ukrainian War. Taiwan and China are separated by the Taiwan Strait. Do our drones need to have cross-sea flight capabilities? President Lai: Taiwan does not intend to counterattack the mainland, and does not intend to invade any country. Taiwan’s drones are meant to protect our own nation and territory. Q: Former President Biden previously stated that US forces would assist Taiwan’s defense in the event of an attack. President Trump, however, has yet to clearly state that the US would help defend Taiwan. Do you think that in such an event, the US would help defend Taiwan? Or is Taiwan now trying to persuade the US? President Lai: Former President Biden and President Trump have answered questions from reporters. Although their responses were different, strong cooperation with Taiwan under the Biden administration has continued under the Trump administration; there has been no change. During President Trump’s first term, cooperation with Taiwan was broader and deeper compared to former President Barack Obama’s terms. After former President Biden took office, cooperation with Taiwan increased compared to President Trump’s first term. Now, during President Trump’s second term, cooperation with Taiwan is even greater than under former President Biden. Taiwan-US cooperation continues to grow stronger, and has not changed just because President Trump and former President Biden gave different responses to reporters. Furthermore, the Trump administration publicly stated that in the future, the US will shift its strategic focus from Europe to the Indo-Pacific. The US secretary of defense even publicly stated that the primary mission of the US is to prevent China from invading Taiwan, maintain stability in the Indo-Pacific, and thus maintain world peace. There is a saying in Taiwan that goes, “Help comes most to those who help themselves.” Before asking friends and allies for assistance in facing threats from China, Taiwan must first be determined and prepared to defend itself. This is Taiwan’s principle, and we are working in this direction, making all the necessary preparations to safeguard the nation. Q: I would like to ask you a question about Taiwan-Japan relations. After the Great East Japan Earthquake in 2011, you made an appeal to give Japan a great deal of assistance and care. In particular, you visited Sendai to offer condolences. Later, you also expressed condolences and concern after the earthquakes in Aomori and Kumamoto. What are your expectations for future Taiwan-Japan exchanges and development? President Lai: I come from Tainan, and my constituency is in Tainan. Tainan has very deep ties with Japan, and of course, Taiwan also has deep ties with Japan. However, among Taiwan’s 22 counties and cities, Tainan has the deepest relationship with Japan. I sincerely hope that both of you and your teams will have an opportunity to visit Tainan. I will introduce Tainan’s scenery, including architecture from the era of Japanese rule, Tainan’s cuisine, and unique aspects of Tainan society, and you can also see lifestyles and culture from the Showa era.  The Wushantou Reservoir in Tainan was completed by engineer Mr. Hatta Yoichi from Kanazawa, Japan and the team he led to Tainan after he graduated from then-Tokyo Imperial University. It has nearly a century of history and is still in use today. This reservoir, along with the 16,000-km-long Chianan Canal, transformed the 150,000-hectare Chianan Plain into Taiwan’s premier rice-growing area. It was that foundation in agriculture that enabled Taiwan to develop industry and the technology sector of today. The reservoir continues to supply water to Tainan Science Park. It is used by residents of Tainan, the agricultural sector, and industry, and even the technology sector in Xinshi Industrial Park, as well as Taiwan Semiconductor Manufacturing Company. Because of this, the people of Tainan are deeply grateful for Mr. Hatta and very friendly toward the people of Japan. A major earthquake, the largest in 50 years, struck Tainan on February 6, 2016, resulting in significant casualties. As mayor of Tainan at the time, I was extremely grateful to then-Prime Minister Abe, who sent five Japanese officials to the disaster site in Tainan the day after the earthquake. They were very thoughtful and asked what kind of assistance we needed from the Japanese government. They offered to provide help based on what we needed. I was deeply moved, as former Prime Minister Abe showed such care, going beyond the formality of just sending supplies that we may or may not have actually needed. Instead, the officials asked what we needed and then provided assistance based on those needs, which really moved me. Similarly, when the Great East Japan Earthquake of 2011 or the later Kumamoto earthquakes struck, the people of Tainan, under my leadership, naturally and dutifully expressed their support. Even earlier, when central Taiwan was hit by a major earthquake in 1999, Japan was the first country to deploy a rescue team to the disaster area. On February 6, 2018, after a major earthquake in Hualien, former Prime Minister Abe appeared in a video holding up a message of encouragement he had written in calligraphy saying “Remain strong, Taiwan.” All of Taiwan was deeply moved. Over the years, Taiwan and Japan have supported each other when earthquakes struck, and have forged bonds that are family-like, not just neighborly. This is truly valuable. In the future, I hope Taiwan and Japan can be like brothers, and that the peoples of Taiwan and Japan can treat one another like family. If Taiwan has a problem, then Japan has a problem; if Japan has a problem, then Taiwan has a problem. By caring for and helping each other, we can face various challenges and difficulties, and pursue a brighter future. Q: President Lai, you just used the phrase “If Taiwan has a problem, then Japan has a problem.” In the event that China attempts to invade Taiwan by force, what kind of response measures would you hope the US military and Japan’s Self-Defense Forces take? President Lai: As I just mentioned, annexing Taiwan is only China’s first step. Its ultimate objective is to change the rules-based international order. That being the case, China’s threats are an international problem. So, I would very much hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war – prevention, after all, is more important than cure.

    MIL OSI Asia Pacific News

  • Russian drone attacks dip in intensity after three nights of massive bombardment

    Source: Government of India

    Source: Government of India (4)

    Russia launched 60 drones at Ukraine overnight, injuring several people, officials in Kyiv said on Tuesday, indicating a sharp decrease in the intensity of Moscow’s attacks after it conducted three nights of massive aerial bombardment.

    The earlier attacks – which the Ukrainian Air Force said included a record barrage of 355 drones on Sunday night – prompted U.S. President Donald Trump to say that Russian President Vladimir Putin had “gone absolutely CRAZY” and threaten sanctions.

    The air force said Russia’s latest drone attack hit targets in nine locations and used 60 drones. A 17-year-old boy was among 10 people who were injured overnight and early on Tuesday, officials said.

    “Air defence forces were working during the night in Dnipropetrovsk,” Serhiy Lysak, governor of the central-eastern region, said on the Telegram messaging app.

    The latter attack sparked a fire in a private house and an outbuilding in one district and destroyed an agricultural enterprise, a private house and a car in another, he said.

    A 59-year-old man was injured in a morning drone attack on the southern city of Kherson, the military administration said, while in a separate drone attack close to 8 a.m. (0500 GMT), six city employees were injured.

    The city regularly comes under Russian shelling and drone attacks.

    In the northeastern city of Sumy, a drone strike sparked a fire in a building of an industrial enterprise. An airstrike damaged at least seven private and one two-storey buildings and cars in another area, the military administration said. There were no casualties, it added.

    Russia, which began its full-scale invasion of Ukraine in February 2022, did not immediately comment on the reports.

    Ukrainian President Volodymyr Zelenskiy has repeatedly called for the West to step up sanctions pressure on Russia to force it to accept the need for peace.

    (Reuters)

  • MIL-OSI Asia-Pac: President Lai meets and hosts luncheon for delegation led by Governor Lourdes A. Leon Guerrero of Guam

    Source: Republic of China Taiwan

    Details
    2025-05-27
    President Lai meets delegation from European Parliament
    On the morning of May 27, President Lai Ching-te met with a delegation from the European Parliament. In remarks, President Lai thanked the European Parliament for continuing to pay close attention to peace and stability across the Taiwan Strait and voice support for Taiwan. The president expressed hope for an even closer relationship and diversified cooperation between Taiwan and the European Union. The president said that Taiwan and the EU can work together in such areas as semiconductors, AI, and green energy to create more resilient supply chains for global democracies and contribute to global prosperity and development. A translation of President Lai’s remarks follows: I warmly welcome our guests to the Presidential Office. After being elected last year, MEPs Reinis Pozņaks and Beatrice Timgren are making their first visits to Taiwan, demonstrating support for Taiwan through concrete action. On behalf of the people of Taiwan, I extend my sincerest welcome and appreciation. I would also like to take this opportunity to thank the European Parliament for continuing to pay close attention to peace and stability across the Taiwan Strait. Just last month, the European Parliament adopted resolutions with regard to annual reports on the implementation of the European Union’s Common Foreign and Security Policy and Common Security and Defence Policy. These resolutions reaffirmed the EU’s steadfast commitment to maintaining the status quo across the Taiwan Strait. The European Parliament also condemned China for continuing to take provocative military actions against Taiwan and emphasized that Taiwan is a key democratic partner in the Indo-Pacific region. It called on the EU and its member states to continue working closely with Taiwan to strengthen economic, trade, and investment ties. Once again, I thank the European Parliament for voicing support for Taiwan. Just as MEPs Pozņaks and Timgren are visiting Taiwan to strengthen Taiwan-EU exchanges, our Minister of Economic Affairs Kuo Jyh-huei (郭智輝) also led a delegation to Europe last year, marking the first in-person dialogue between high-ranking economic and trade officials of Taiwan and the EU. Moving ahead, we look forward to bringing Taiwan-EU ties even closer and to diversifying our cooperation. The EU is Taiwan’s largest source of foreign investment. Both sides are highly complementary in such areas as semiconductors, AI, and green energy. Through our joint efforts, we can create more resilient supply chains for global democracies and further contribute to global prosperity and development. Looking ahead, I hope that MEPs Pozņaks and Timgren will continue to make the case in the European Parliament for the signing of a Taiwan-EU economic partnership agreement. This would not only yield mutually beneficial development, but also consolidate economic security and boost international competitiveness for both sides. In closing, I am sure that you will gain a deeper understanding of Taiwan through this visit. Please feel welcome to come back as often as possible as we continue to elevate Taiwan-EU ties.  MEP Pozņaks then delivered remarks, saying that it is a great honor to be here and thanking everybody involved in arranging this trip that allows them the opportunity to better know Taiwan. He added that it is definitely not the last time they will be here, as Taiwan is a very beautiful country. MEP Pozņaks mentioned that he comes from Latvia, and despite their being on the other side of the world, they know how the Taiwanese people feel, because they also have a big neighbor who is claiming that Latvia belongs to them. Unfortunately, he said, there is already war in Europe, but he is confident that their situation is similar to Taiwan’s, adding that they have a neighbor who uses disinformation attacks. MEP Pozņaks said that we live in very challenging times, and that our choices will define the future of the world, asking whether it will be a world where the rule of law prevails or where physical power and aggression succeeds. Coming from a small country, he said he clearly understands that for them there is no other possibility; they must protect the world where the rule of law prevails. That is why now, he emphasized, it is very crucial for all democracies around the world to stick together to protect our freedoms, values, and democracy. MEP Timgren then delivered remarks, thanking President Lai for meeting with them and saying it is a big honor. Noting that they arrived here two days ago and that while she really loves Taiwan, its food, and the good weather, she stated that the reason they are here is because of the values that we share, our good relationships, and solidarity with other democratic countries in the world, which is important for them in Europe and in Sweden. MEP Timgren, referring to MEP Pozņaks’s earlier remarks, said that they face a big threat from Russia that is discernible even in the European Parliament. Actually, she pointed out, there is a war inside Europe that shows us how important it is that we support one another. She said that the Russian people thought it would be easy to take over Ukraine, but it was not, because all European countries stepped up and provided weapons and support. And that is why, MEP Timgren said, it is important that democratic countries maintain good relationships and let China and Russia see that we have good relationships, because a part of defense is solidarity. In closing, she expressed her gratitude for having the honor to be here in this beautiful country.

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    2025-05-20
    President Lai hosts state banquet for President Surangel Whipps Jr. of Republic of Palau
    On the evening of May 20, President Lai Ching-te, accompanied by Vice President Bi-khim Hsiao, hosted a state banquet at the Presidential Office in honor of President Surangel Whipps Jr. of the Republic of Palau and his wife. In remarks, President Lai said that he looks forward to working closely with President Whipps to promote tourism exchanges and sports cooperation so that Taiwan and Palau shine brightly together on the international stage. A translation of President Lai’s remarks follows: It is a pleasure to host this banquet tonight at the Presidential Office for President Whipps, First Lady Valerie Whipps, and the esteemed members of their delegation. Welcome to Taiwan. During my trips to Palau in 2022 and last year, President and First Lady Whipps received me with great hospitality. Wearing my island shirt, I enjoyed a very friendly reception from the people of Palau. It felt warm and friendly, just like being welcomed back home. The first time I visited Palau, President Whipps and I piloted a boat to the Milky Way lagoon. We both tried volcanic mud facial masks. We also fished together and enjoyed the breeze as we walked on the beach. Last year, on my second visit to Palau, I was honored to be invited to address the National Congress. I also observed the results of the close bilateral cooperation between our two nations. Due to its world-famous ocean scenery, Palau is sometimes referred to as “God’s aquarium.” And it is even possible to snorkel with sharks. It leaves a deep impression. Nothing compares to seeing Palau firsthand. During the COVID-19 pandemic, Taiwan and Palau launched a travel bubble that created a safe means of travel. Now, with the pandemic behind us, I hope that even more Taiwanese can tour Palau and gain a greater understanding of our diplomatic ally. In addition to tourism exchanges, I mentioned on my visit to Palau last year that I hoped Taiwan and Palau could promote sports cooperation by providing training away from home. Next month, Palau will be holding the Pacific Mini Games. And right now, Palau’s national baseball and table tennis teams are holding training sessions here in Taiwan. We will do our utmost to support Palau’s national players and we hope they stand out and achieve outstanding results in the events. I look forward to working closely with President Whipps so that Taiwan and Palau shine brightly together on the international stage. Thank you! Mesulang! President Whipps then delivered remarks, saying that it is truly an honor to be here once again one year after President Lai’s inauguration. Mentioning that this is his first state visit after being reelected to a second term, he said that it is important to be here among friends, and that we are more than friends, we are family. He thanked President Lai for the generous words and, most importantly, Taiwan’s enduring support. He remarked that our relationship continues to get stronger in each passing year. President Whipps said that President Lai’s diplomacy initiative, leadership, and vision deeply resonate with them. Diplomacy must be rooted in our shared values, he said, and an unwavering support for our allies and a commitment to a sustainable, inclusive development are all deeply appreciated by their people. President Whipps emphasized that, as we look into the future and the challenges that we face, from security to climate change, it is so important that we are united. He added that it is important for the world, and especially important for them in Palau, that they stand up for Taiwan, so that Taiwan can participate on international fora that address climate change, security, and health, because they know the world is better when Taiwan has a seat at the table. Mentioning that Palau will host the Pacific Islands Forum next year, President Whipps said that Palau remains committed to working closely with Taiwan to ensure a successful event, and that they will continue to speak up for Taiwan’s indispensable contributions as we stand together against any efforts to silence or isolate democratic partners. President Whipps said that our nations have navigated challenges and emerged stronger, bound by a partnership that is built on trust, respect, and hope for a better world. Whether it is in clean energy, education, smart medicine, or tourism, our shared journey is just beginning, he said, and we are stronger together.  Also in attendance at the banquet were Palauan Minister of State Gustav Aitaro, Minister of Public Infrastructure and Industries Charles Obichang, Minister of Human Resources, Culture, Tourism and Development Ngiraibelas Tmetuchl, Senate Floor Leader Kerai Mariur, House of Delegates Floor Leader Warren Umetaro, High Chief of Ngiwal State Elliot Udui, Governor of Peleliu State Emais Roberts, and Governor of Koror State Eyos Rudimch.

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    2025-05-20
    President Lai and President Surangel S. Whipps, Jr. of Palau hold bilateral talks and witness signing of cooperation agreements  
    On the afternoon of May 20, following a welcome ceremony with military honors for President Surangel S. Whipps, Jr. of the Republic of Palau and his wife, President Lai Ching-te, accompanied by Vice President Bi-khim Hsiao, held bilateral talks with President Whipps at the Presidential Office. The two leaders also jointly witnessed the signing of a technical cooperation agreement and an agreement on diplomatic staff training cooperation. In remarks, President Lai thanked Palau for standing firm in its backing of Taiwan’s international participation as geopolitical tensions continue to increase in the Pacific region. He added that he looks forward to the cooperative ties between Taiwan and Palau continuing to expand into even broader areas, allowing our economies and societies to further progress as we jointly advance peace, stability, and prosperity in the Indo-Pacific region. A translation of President Lai’s remarks follows: I welcome our guests to Taiwan once again. Last year on May 20, President Whipps led a delegation to attend the inauguration ceremony for myself and Vice President Hsiao. I am delighted, on the anniversary of my first year in office, to meet with old friends of Taiwan again, as President Whipps returns for this visit. Taiwan-Palau relations have grown even closer in recent years thanks to the strong support of President Whipps. In 2022, during my term as vice president, I led a delegation to Palau as a demonstration of how our nations were together boosting tourism development as we jointly faced the challenges of the COVID-19 pandemic. Every time I visit Palau, and every time I meet with President Whipps, I feel very deeply that Taiwan and Palau are like family. We are both maritime nations and share a common Austronesian heritage and culture. We are also staunch partners in upholding such values as freedom, democracy, and respect for human rights. Last December, when I went on my first overseas trip since taking office, one of the nations I visited was Palau. We celebrated the 30th anniversary of Palau’s independence and 25 years of diplomatic relations, underscoring our friendly ties. Taiwan and Palau enjoy close exchanges and cooperation in a range of areas, including climate change, education, agriculture and fisheries, healthcare, humanitarian assistance, sports, and culture. After this meeting, President Whipps and I will witness the signing of a technical cooperation agreement and an agreement on diplomatic staff training cooperation, demonstrating once again our diverse collaboration and strong friendship. I believe that by working together, Taiwan and Palau can contribute to each other’s development and overcome the regional and global challenges we currently face. In particular, as geopolitical tensions continue to increase in the Pacific region, Palau has wisely and courageously upheld democratic values and stood firm in its backing of Taiwan’s international participation. Palau has never stopped voicing support for Taiwan, including at the United Nations General Assembly, the World Health Organization, the UN Framework Convention on Climate Change Conference of the Parties, and the UN Ocean Conference. We have been deeply moved by this support. I thank President Whipps again for his high regard and support for Taiwan. I look forward to the cooperative ties between our nations continuing to expand into even broader areas. This will allow our economies and societies to further progress as we jointly advance peace, stability, and prosperity in the Indo-Pacific region. President Whipps then delivered remarks, saying that it is a great honor for him to be here, standing in this historic place – a symbol of strength, resilience, and the democratic spirit of the Taiwanese people. On behalf of the government of Palau, President Whipps extended heartfelt gratitude to President Lai and the people of Taiwan for the warm welcome and gracious hospitality toward him and his delegation. President Whipps then extended sincere thanks for President Lai’s visit to Palau in December – his second visit to Palau – and for having Minister of Foreign Affairs Lin Chia-lung (林佳龍) attend his inauguration as a special envoy. He added that this also marks his third visit to Taiwan since President Lai took office, saying that this demonstrates the strength of our growing relationship. President Whipps indicated that the increased engagements and numerous entrepreneurs that President Lai has brought from Taiwan to Palau have resulted in fruitful visits, and that President Lai’s leadership represents hope, unity, and continued advancement of democracy and freedom, not only for Taiwan, but for the broader Indo-Pacific region. President Whipps went on to say that this visit to Taiwan reaffirms our deep friendship and shared values between our two nations. He emphasized that Palau and Taiwan are bound not by proximity, but by purpose, in that both are island nations and believe in human dignity, the rule of law, and the right of our people to determine their own futures. President Whipps stated that although we are celebrating 26 years of diplomatic relations, Taiwan has been a steadfast partner of Palau for decades, and that one of the MOUs they are signing further extends the relationship that began in December of 1984. From healthcare and medical missions, to education, agriculture, renewable energy, infrastructure, the private sector, tourism development, and climate resilience, he said, our cooperation has improved lives and strengthened our communities. The president also indicated that during the COVID-19 pandemic, Taiwan stood with Palau, noting that both sides began the tourism bubble, and that President Lai came to Palau to reopen the two weekly direct flights that have now been increased to four. That solidarity will never be forgotten, he said. As the world faces growing uncertainty and complex challenges from climate change to global tensions, President Whipps said, this friendship becomes even more vital. The president concluded his remarks by expressing hope that both nations continue to stand together, work together, and advocate together for peace, prosperity, and for the right of small nations to be seen, heard, and respected. After the bilateral talks, President Lai and President Whipps witnessed the signing of the technical cooperation agreement and the agreement on diplomatic staff training cooperation by Minister Lin and Palauan Minister of State Gustav Aitaro. The delegation also included Palauan Minister of Public Infrastructure and Industries Charles Obichang, Minister of Human Resources, Culture, Tourism and Development Ngiraibelas Tmetuchl, Senate Floor Leader Kerai Mariur, House of Delegates Floor Leader Warren Umetaro, High Chief of Ngiwal State Elliot Udui, Governor of Peleliu State Emais Roberts, and Governor of Koror State Eyos Rudimch.  

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    2025-05-20
    President Lai interviewed by Nippon Television and Yomiuri TV
    In a recent interview on Nippon Television’s news zero program, President Lai Ching-te responded to questions from host Mr. Sakurai Sho and Yomiuri TV Shanghai Bureau Chief Watanabe Masayo on topics including reflections on his first year in office, cross-strait relations, China’s military threats, Taiwan-United States relations, and Taiwan-Japan relations. The interview was broadcast on the evening of May 19. During the interview, President Lai stated that China intends to change the world’s rules-based international order, and that if Taiwan were invaded, global supply chains would be disrupted. Therefore, he said, Taiwan will strengthen its national defense, prevent war by preparing for war, and achieve the goal of peace. The president also noted that Taiwan’s purpose for developing drones is based on national security and industrial needs, and that Taiwan hopes to collaborate with Japan. He then reiterated that China’s threats are an international problem, and expressed hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war. Following is the text of the questions and the president’s responses: Q: How do you feel as you are about to round out your first year in office? President Lai: When I was young, I was determined to practice medicine and save lives. When I left medicine to go into politics, I was determined to transform Taiwan. And when I was sworn in as president on May 20 last year, I was determined to strengthen the nation. Time flies, and it has already been a year. Although the process has been very challenging, I am deeply honored to be a part of it. I am also profoundly grateful to our citizens for allowing me the opportunity to give back to our country. The future will certainly be full of more challenges, but I will do everything I can to unite the people and continue strengthening the nation. That is how I am feeling now. Q: We are now coming up on the 80th anniversary of the end of World War II, and over this period, we have often heard that conflict between Taiwan and the mainland is imminent. Do you personally believe that a cross-strait conflict could happen? President Lai: The international community is very much aware that China intends to replace the US and change the world’s rules-based international order, and annexing Taiwan is just the first step. So, as China’s military power grows stronger, some members of the international community are naturally on edge about whether a cross-strait conflict will break out. The international community must certainly do everything in its power to avoid a conflict in the Taiwan Strait; there is too great a cost. Besides causing direct disasters to both Taiwan and China, the impact on the global economy would be even greater, with estimated losses of US$10 trillion from war alone – that is roughly 10 percent of the global GDP. Additionally, 20 percent of global shipping passes through the Taiwan Strait and surrounding waters, so if a conflict breaks out in the strait, other countries including Japan and Korea would suffer a grave impact. For Japan and Korea, a quarter of external transit passes through the Taiwan Strait and surrounding waters, and a third of the various energy resources and minerals shipped back from other countries pass through said areas. If Taiwan were invaded, global supply chains would be disrupted, and therefore conflict in the Taiwan Strait must be avoided. Such a conflict is indeed avoidable. I am very thankful to Prime Minister of Japan Ishiba Shigeru and former Prime Ministers Abe Shinzo, Suga Yoshihide, and Kishida Fumio, as well as US President Donald Trump and former President Joe Biden, and the other G7 leaders, for continuing to emphasize at international venues that peace and stability across the Taiwan Strait are essential components for global security and prosperity. When everyone in the global democratic community works together, stacking up enough strength to make China’s objectives unattainable or to make the cost of invading Taiwan too high for it to bear, a conflict in the strait can naturally be avoided. Q: As you said, President Lai, maintaining peace and stability across the Taiwan Strait is also very important for other countries. How can war be avoided? What sort of countermeasures is Taiwan prepared to take to prevent war? President Lai: As Mr. Sakurai mentioned earlier, we are coming up on the 80th anniversary of the end of WWII. There are many lessons we can take from that war. First is that peace is priceless, and war has no winners. From the tragedies of WWII, there are lessons that humanity should learn. We must pursue peace, and not start wars blindly, as that would be a major disaster for humanity. In other words, we must be determined to safeguard peace. The second lesson is that we cannot be complacent toward authoritarian powers. If you give them an inch, they will take a mile. They will keep growing, and eventually, not only will peace be unattainable, but war will be inevitable. The third lesson is why WWII ended: It ended because different groups joined together in solidarity. Taiwan, Japan, and the Indo-Pacific region are all directly subjected to China’s threats, so we hope to be able to join together in cooperation. This is why we proposed the Four Pillars of Peace action plan. First, we will strengthen our national defense. Second, we will strengthen economic resilience. Third is standing shoulder to shoulder with the democratic community to demonstrate the strength of deterrence. Fourth is that as long as China treats Taiwan with parity and dignity, Taiwan is willing to conduct exchanges and cooperate with China, and seek peace and mutual prosperity. These four pillars can help us avoid war and achieve peace. That is to say, Taiwan hopes to achieve peace through strength, prevent war by preparing for war, keeping war from happening and pursuing the goal of peace. Q: Regarding drones, everyone knows that recently, Taiwan has been actively researching, developing, and introducing drones. Why do you need to actively research, develop, and introduce new drones at this time? President Lai: This is for two purposes. The first is to meet national security needs. The second is to meet industrial development needs. Because Taiwan, Japan, and the Philippines are all part of the first island chain, and we are all democratic nations, we cannot be like an authoritarian country like China, which has an unlimited national defense budget. In this kind of situation, island nations such as Taiwan, Japan, and the Philippines should leverage their own technologies to develop national defense methods that are asymmetric and utilize unmanned vehicles. In particular, from the Russo-Ukrainian War, we see that Ukraine has successfully utilized unmanned vehicles to protect itself and prevent Russia from unlimited invasion. In other words, the Russo-Ukrainian War has already proven the importance of drones. Therefore, the first purpose of developing drones is based on national security needs. Second, the world has already entered the era of smart technology. Whether generative, agentic, or physical, AI will continue to develop. In the future, cars and ships will also evolve into unmanned vehicles and unmanned boats, and there will be unmanned factories. Drones will even be able to assist with postal deliveries, or services like Uber, Uber Eats, and foodpanda, or agricultural irrigation and pesticide spraying. Therefore, in the future era of comprehensive smart technology, developing unmanned vehicles is a necessity. Taiwan, based on industrial needs, is actively planning the development of drones and unmanned vehicles. I would like to take this opportunity to express Taiwan’s hope to collaborate with Japan in the unmanned vehicle industry. Just as we do in the semiconductor industry, where Japan has raw materials, equipment, and technology, and Taiwan has wafer manufacturing, our two countries can cooperate. Japan is a technological power, and Taiwan also has significant technological strengths. If Taiwan and Japan work together, we will not only be able to safeguard peace and stability in the Taiwan Strait and security in the Indo-Pacific region, but it will also be very helpful for the industrial development of both countries. Q: The drones you just described probably include examples from the Russo-Ukrainian War. Taiwan and China are separated by the Taiwan Strait. Do our drones need to have cross-sea flight capabilities? President Lai: Taiwan does not intend to counterattack the mainland, and does not intend to invade any country. Taiwan’s drones are meant to protect our own nation and territory. Q: Former President Biden previously stated that US forces would assist Taiwan’s defense in the event of an attack. President Trump, however, has yet to clearly state that the US would help defend Taiwan. Do you think that in such an event, the US would help defend Taiwan? Or is Taiwan now trying to persuade the US? President Lai: Former President Biden and President Trump have answered questions from reporters. Although their responses were different, strong cooperation with Taiwan under the Biden administration has continued under the Trump administration; there has been no change. During President Trump’s first term, cooperation with Taiwan was broader and deeper compared to former President Barack Obama’s terms. After former President Biden took office, cooperation with Taiwan increased compared to President Trump’s first term. Now, during President Trump’s second term, cooperation with Taiwan is even greater than under former President Biden. Taiwan-US cooperation continues to grow stronger, and has not changed just because President Trump and former President Biden gave different responses to reporters. Furthermore, the Trump administration publicly stated that in the future, the US will shift its strategic focus from Europe to the Indo-Pacific. The US secretary of defense even publicly stated that the primary mission of the US is to prevent China from invading Taiwan, maintain stability in the Indo-Pacific, and thus maintain world peace. There is a saying in Taiwan that goes, “Help comes most to those who help themselves.” Before asking friends and allies for assistance in facing threats from China, Taiwan must first be determined and prepared to defend itself. This is Taiwan’s principle, and we are working in this direction, making all the necessary preparations to safeguard the nation. Q: I would like to ask you a question about Taiwan-Japan relations. After the Great East Japan Earthquake in 2011, you made an appeal to give Japan a great deal of assistance and care. In particular, you visited Sendai to offer condolences. Later, you also expressed condolences and concern after the earthquakes in Aomori and Kumamoto. What are your expectations for future Taiwan-Japan exchanges and development? President Lai: I come from Tainan, and my constituency is in Tainan. Tainan has very deep ties with Japan, and of course, Taiwan also has deep ties with Japan. However, among Taiwan’s 22 counties and cities, Tainan has the deepest relationship with Japan. I sincerely hope that both of you and your teams will have an opportunity to visit Tainan. I will introduce Tainan’s scenery, including architecture from the era of Japanese rule, Tainan’s cuisine, and unique aspects of Tainan society, and you can also see lifestyles and culture from the Showa era.  The Wushantou Reservoir in Tainan was completed by engineer Mr. Hatta Yoichi from Kanazawa, Japan and the team he led to Tainan after he graduated from then-Tokyo Imperial University. It has nearly a century of history and is still in use today. This reservoir, along with the 16,000-km-long Chianan Canal, transformed the 150,000-hectare Chianan Plain into Taiwan’s premier rice-growing area. It was that foundation in agriculture that enabled Taiwan to develop industry and the technology sector of today. The reservoir continues to supply water to Tainan Science Park. It is used by residents of Tainan, the agricultural sector, and industry, and even the technology sector in Xinshi Industrial Park, as well as Taiwan Semiconductor Manufacturing Company. Because of this, the people of Tainan are deeply grateful for Mr. Hatta and very friendly toward the people of Japan. A major earthquake, the largest in 50 years, struck Tainan on February 6, 2016, resulting in significant casualties. As mayor of Tainan at the time, I was extremely grateful to then-Prime Minister Abe, who sent five Japanese officials to the disaster site in Tainan the day after the earthquake. They were very thoughtful and asked what kind of assistance we needed from the Japanese government. They offered to provide help based on what we needed. I was deeply moved, as former Prime Minister Abe showed such care, going beyond the formality of just sending supplies that we may or may not have actually needed. Instead, the officials asked what we needed and then provided assistance based on those needs, which really moved me. Similarly, when the Great East Japan Earthquake of 2011 or the later Kumamoto earthquakes struck, the people of Tainan, under my leadership, naturally and dutifully expressed their support. Even earlier, when central Taiwan was hit by a major earthquake in 1999, Japan was the first country to deploy a rescue team to the disaster area. On February 6, 2018, after a major earthquake in Hualien, former Prime Minister Abe appeared in a video holding up a message of encouragement he had written in calligraphy saying “Remain strong, Taiwan.” All of Taiwan was deeply moved. Over the years, Taiwan and Japan have supported each other when earthquakes struck, and have forged bonds that are family-like, not just neighborly. This is truly valuable. In the future, I hope Taiwan and Japan can be like brothers, and that the peoples of Taiwan and Japan can treat one another like family. If Taiwan has a problem, then Japan has a problem; if Japan has a problem, then Taiwan has a problem. By caring for and helping each other, we can face various challenges and difficulties, and pursue a brighter future. Q: President Lai, you just used the phrase “If Taiwan has a problem, then Japan has a problem.” In the event that China attempts to invade Taiwan by force, what kind of response measures would you hope the US military and Japan’s Self-Defense Forces take? President Lai: As I just mentioned, annexing Taiwan is only China’s first step. Its ultimate objective is to change the rules-based international order. That being the case, China’s threats are an international problem. So, I would very much hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war – prevention, after all, is more important than cure.

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    2025-05-13
    President Lai interviewed by Japan’s Nikkei  
    In a recent interview with Japan’s Nikkei, President Lai Ching-te responded to questions regarding Taiwan-Japan and Taiwan-United States relations, cross-strait relations, the semiconductor industry, and the international economic and trade landscape. The interview was published by Nikkei on May 13. President Lai indicated that Nikkei, Inc. is a global news organization that has received significant recognition both domestically and internationally, and that he is deeply honored to be interviewed by Nikkei and grateful for their invitation. The president said that he would like to take this rare opportunity to thank Japan’s government, National Diet, society, and public for their longstanding support for Taiwan. Noting that current Prime Minister Ishiba Shigeru and former Prime Ministers Abe Shinzo, Suga Yoshihide, and Kishida Fumio have all strongly supported Taiwan, he said that the peoples of Taiwan and Japan also have a deep mutual affection, and that through the interview, he hopes to enhance the bilateral relationship between Taiwan and Japan, deepen the affection between our peoples, and foster more future cooperation to promote prosperity and development in both countries. In response to questions raised on the free trade system and the recent tariff war, President Lai indicated that over the past few decades, the free economy headed by the Western world and led by the US has brought economic prosperity and political stability to Taiwan and Japan. At the same time, he said, we have also learned or followed many Western values. The president said he believes that Taiwan and Japan are exemplary students, but some countries are not. Therefore, he said, the biggest crisis right now is China, which exploits the free trade system to engage in plagiarism and counterfeiting, infringe on intellectual property rights, and even provide massive government subsidies that facilitate the dumping of low-priced goods worldwide, which has a major impact on many countries including Japan and Taiwan. If this kind of unfair trade is not resolved, he said, the stable societies and economic prosperity we have painstakingly built over decades, as well as some of the values we pursue, could be destroyed. Therefore, President Lai said he thinks it is worthwhile for us to observe the recent willingness of the US to address unfair trade, and if necessary, offer assistance. President Lai emphasized that the national strategic plan for Taiwanese industries is for them to be rooted in Taiwan while expanding their global presence and marketing worldwide. Therefore, he said, while the 32 percent tariff increase imposed by the US on Taiwan is indeed a major challenge, we are willing to address it seriously and find opportunities within that challenge, making Taiwan’s strategic plan for industry even more comprehensive. When asked about Taiwan’s trade arrangements, President Lai indicated that in 2010 China accounted for 83.8 percent of Taiwan’s outbound investment, but last year it accounted for only 7.5 percent. In 2020, he went on, 43.9 percent of Taiwan’s exports went to China, but that figure dropped to 31.7 percent in 2024. The president said that we have systematically transferred investments from Taiwanese enterprises to Japan, Southeast Asia, Europe, and the US. Therefore, he said, last year Taiwan’s largest outbound investment was in the US, accounting for roughly 40 percent of the total. Nevertheless, only 23.4 percent of Taiwanese products were sold to the US, with 76.6 percent sold to places other than the US, he said.  The president emphasized that we don’t want to put all our eggs in one basket, and hope to establish a global presence. Under these circumstances, he said, Taiwan is very eager to cooperate with Japan. President Lai stated that at this moment, the Indo-Pacific and international community really need Japan’s leadership, especially to make the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) excel in its functions, and also requested Japan to support Taiwan’s CPTPP accession. The president said that Taiwan hopes to sign an Economic Partnership Agreement (EPA) with Japan to build closer ties in economic trade and promote further investment, and that we also hope to strengthen relations with the European Union, and even other regions. Currently, he said, we are proposing an initiative on global semiconductor supply chain partnerships for democracies, because the semiconductor industry is an ecosystem. The president raised the example that Japan has materials, equipment, and technology; the US has IC design and marketing; Taiwan has production and manufacturing; and the Netherlands excels in equipment, saying we therefore hope to leverage Taiwan’s advantages in production and manufacturing to connect the democratic community and establish a global non-red supply chain for semiconductors, ensuring further world prosperity and development in the future, and ensuring that free trade can continue to function without being affected by dumping, which would undermine future prosperity and development. The president stated that as we want industries to expand their global presence and market internationally while staying rooted here in Taiwan, having industries rooted in Taiwan involves promoting pay raises for employees, tax cuts, and deregulation, as well as promoting enterprise investment tax credits. He said that we have also proposed Three Major Programs for Investing in Taiwan for Taiwanese enterprises and are actively resolving issues regarding access to water, electricity, land, human resources, and professional talent so that the business community can return to Taiwan to invest, or enterprises in Taiwan can increase their investments. He went on to say that we are also actively signing bilateral investment agreements with friends and allies so that when our companies invest and expand their presence abroad, their rights and interests as investors are ensured.  President Lai mentioned that Taiwan hopes to sign an EPA with Japan, similar to the Taiwan-US Initiative on 21st-Century Trade and the Economic Prosperity Partnership Dialogue, or the Enhanced Trade Partnership arrangement with the United Kingdom, or similar agreements or memorandums of understanding with Canada and Australia that allow Taiwanese products to be marketed worldwide, concluding that those are our overall arrangements. Looking at the history of Taiwan’s industrial development, President Lai indicated, of course it began in Taiwan, and then moved west to China and south to Southeast Asia. He said that we hope to take this opportunity to strengthen cooperation with Japan to the north, across the Pacific Ocean to the east, and develop the North American market, making Taiwan’s industries even stronger. In other words, he said, while Taiwan sees the current reciprocal tariffs imposed by the US as a kind of challenge, it also views these changes positively. On the topic of pressure from China affecting Taiwan’s participation in international frameworks such as the CPTPP or its signing of an EPA with Japan, President Lai responded that the key point is what kind of attitude we should adopt in viewing China’s acts of oppression. If we act based on our belief in free trade, he said, or on the universal values we pursue – democracy, freedom, and respect for human rights – and also on the understanding that a bilateral trade agreement between Taiwan and Japan would contribute to the economic prosperity and development of both countries, or that Taiwan’s accession to the CPTPP would benefit progress and prosperity in the Indo-Pacific region, then he hopes that friends and allies will strongly support us. On the Trump administration’s intentions regarding the reciprocal tariff policy and the possibility of taxing semiconductors, as well as how Taiwan plans to respond, President Lai said that since President Trump took office, he has paid close attention to interviews with both him and his staff. The president said that several of President Trump’s main intentions are: First, he wants to address the US fiscal situation. For example, President Lai said, while the US GDP is about US$29 trillion annually, its national debt stands at US$36 trillion, which is roughly 124 percent of GDP. Second, he went on, annual government spending exceeds US$6.5 trillion, but revenues are only around US$4.5 trillion, resulting in a nearly US$2 trillion deficit each year, about 7 percent of GDP. Third, he said, the US pays nearly US$1.2 trillion in interest annually, which exceeds the US$1 trillion defense budget and accounts for more than 3 percent of GDP. Fourth, President Trump still wants to implement tax cuts, aiming to reduce taxes for 85 percent of Americans, he said, noting that this would cost between US$500 billion and US$1 trillion. These points, President Lai said, illustrate his first goal: solving the fiscal problem. President Lai went on to say that second, the US feels the threat of China and believes that reindustrialization is essential; without reindustrialization, the US risks a growing gap in industrial capacity compared to China. Third, he said, in this era of global smart technology, President Trump wants to lead the nation to become a world center of AI. Fourth, he aims to ensure world peace and prevent future wars, President Lai said. In regard to what the US seeks to achieve, he said he believes these four areas form the core of the Trump administration’s intentions, and that is why President Trump has raised tariffs, demanded that trading partners purchase more American goods, and encouraged friendly and allied nations to invest in the US, all in order to achieve these goals. President Lai indicated that the 32 percent reciprocal tariff poses a critical challenge for Taiwan, and we must treat it seriously. He said that our approach is not confrontation, but negotiation to reduce tariffs, and that we have also agreed to measures such as procurement, investment, resolving non-tariff trade barriers, and addressing origin washing in order to effectively reduce the trade deficit between Taiwan and the US. Of course, he said, through this negotiation process, we also hope to turn challenges into opportunities. The president said that first, we aim to start negotiations from the proposal of zero tariffs and seek to establish a bilateral trade agreement with the US. Second, he went on, we hope to support US reindustrialization and its aim to become a world AI hub through investment, while simultaneously upgrading and transforming Taiwan’s industries, which would help further integrate Taiwan’s industries into the US economic structure, ensuring Taiwan’s long-term development.  President Lai emphasized again that Taiwan’s national industrial strategy is for industries to stay firmly rooted in Taiwan while expanding their global presence and marketing worldwide. He repeated that we have gone from moving westward across the Taiwan Strait, to shifting southbound, to working closer northward with Japan, and now the time is ripe for us to expand eastward by investing in North America. In other words, he said, while we take this challenge seriously to protect national interests and ensure that no industry is sacrificed, we also hope these negotiations will lead to deeper Taiwan-US trade relations through Taiwanese investment in the US, concluding that these are our expectations. The president stated that naturally, the reciprocal tariffs imposed by the US will have an impact on Taiwanese industries, so in response, the Taiwanese government has already proposed support measures for affected industries totaling NT$93 billion. In addition, he said, we have outlined broader needs for Taiwan’s long-term development, which will be covered by a special budget proposal of NT$410 billion, noting that this has already been approved by the Executive Yuan and will be submitted to the Legislative Yuan for review. He said that this special budget proposal addresses four main areas: supporting industries, stabilizing employment, protecting people’s livelihoods, and enhancing resilience. As for tariffs on semiconductors, President Lai said, Taiwan Semiconductor Manufacturing Company (TSMC) has committed to investing in the US at the request of its customers. He said he believes that TSMC’s industry chain will follow suit, and that these are concrete actions that are unrelated to tariffs. However, he said, if the US were to invoke Section 232 and impose tariffs on semiconductors or related industries, it would discourage Taiwanese semiconductor and ICT investments in the US, and that we will make this position clear to the US going forward. President Lai indicated that among Taiwan’s exports to the US, there are two main categories: ICT products and electronic components, which together account for 65.4 percent. These are essential to the US, he said, unlike final goods such as cups, tables, or mattresses. He went on to say that what Taiwan sells to the US are the technological products required by AI designers like NVIDIA, AMD, Amazon, Google, and Apple, and that therefore, we will make sure the US understands clearly that we are not exporting end products, but the high-tech components necessary for the US to reindustrialize and become a global AI center. Furthermore, the president said, Taiwan is also willing to increase its defense budget and military procurement. He stated that Taiwan is committed to defending itself and is strongly willing to cooperate with friends and allies to ensure regional peace and stability, and that this is also something President Trump hopes to see. Asked whether TSMC’s fabs overseas could weaken Taiwan’s strategic position as a key hub for semiconductor manufacturing, and whether that could then give other countries fewer incentives to protect Taiwan, President Lai responded by saying that political leaders around the world including Japan’s Prime Minister Ishiba and former Prime Ministers Abe, Suga, and Kishida have emphasized, at the G7 and other major international fora, that peace and stability in the Taiwan Strait are essential for global security and prosperity. In other words, he explained, the international community cares about Taiwan and supports peace and stability in the Taiwan Strait because Taiwan is located in the first island chain in the Indo-Pacific, directly facing China. He pointed out that if Taiwan is not protected, China’s expansionist ambitions will certainly grow, which would impact the current rules-based international order. Thus, he said, the international community willingly cares about Taiwan and supports stability in the Taiwan Strait – that is the reason, and it has no direct connection with TSMC. He noted that after all, TSMC has not made investments in that many countries, stressing that, on that point, it is clear. President Lai said that TSMC’s investments in Japan, Europe, and the US are all natural, normal economic and investment activities. He said that Taiwan is a democratic country whose society is based on the rule of law, so when Taiwanese companies need to invest around the world for business needs, the government will support those investments in principle so long as they do not harm national interests. President Lai said that after TSMC Chairman C.C. Wei (魏哲家) held a press conference with President Trump to announce the investment in the US, Chairman Wei returned to Taiwan to hold a press conference with him at the Presidential Office, where the chairman explained to the Taiwanese public that TSMC’s R&D center will remain in Taiwan and that the facilities it has already committed to investing in here will not change and will not be affected. So, the president explained, to put it another way, TSMC will not be weakened by its investment in the US. He further emphasized that Taiwan has strengths in semiconductor manufacturing and is very willing to work alongside other democratic countries to promote the next stage of global prosperity and development. A question was raised about which side should be chosen between the US and China, under the current perception of a return to the Cold War, with East and West facing off as two opposing blocs. President Lai responded by saying that some experts and scholars describe the current situation as entering a new Cold War era between democratic and authoritarian camps; others assert that the war has already begun, including information warfare, economic and trade wars, and the ongoing wars in Europe – the Russo-Ukrainian War – and the Middle East, and the Israel-Hamas conflict. The president said that these are all matters experts have cautioned about, noting that he is not a historian and so will not attempt to define today’s political situation from an academic standpoint. However, he said, he believes that every country has a choice, which is to say, Taiwan, Japan, or any other nation does not necessarily have to choose between the US and China. What we are deciding, he said, is whether our country will maintain a democratic constitutional system or regress into an authoritarian regime, and this is essentially a choice of values – not merely a choice between two major powers. President Lai said that Taiwan’s situation is different from other countries because we face a direct threat from China. He pointed out that we have experienced military conflicts such as the August 23 Artillery Battle and the Battle of Guningtou – actual wars between the Republic of China and the People’s Republic of China. He said that China’s ambition to annex Taiwan has never wavered, and that today, China’s political and military intimidation, as well as internal united front infiltration, are growing increasingly intense. Therefore, he underlined, to defend democracy and sovereignty, protect our free and democratic system, and ensure the safety of our people’s lives and property, Taiwan’s choice is clear. President Lai said that China’s military exercises are not limited to the Taiwan Strait, and include the East China Sea, South China Sea, and even the Sea of Japan, as well as areas around Korea and Australia. Emphasizing that Taiwan, Japan, Australia, and the Philippines are all democratic nations, the president said that Taiwan’s choice is clear, and that he believes Japan also has no other choice. We are all democratic countries, he said, whose people have long pursued the universal values of democracy, freedom, and respect for human rights, and that is what is most important. Regarding the intensifying tensions between the US and China, the president was asked what roles Taiwan and Japan can play. President Lai responded that in his view, Japan is a powerful nation, and he sincerely hopes that Japan can take a leading role amid these changes in the international landscape. He said he believes that countries in the Indo-Pacific region are also willing to respond. He suggested several areas where we can work together: first, democracy and peace; second, innovation and prosperity; and third, justice and sustainability. President Lai stated that in the face of authoritarian threats, we should let peace be our beacon and democracy our compass as we respond to the challenges posed by authoritarian states. Second, he added, as the world enters an era characterized by the comprehensive adoption of smart technologies, Japan and Taiwan should collaborate in the field of innovation to further drive regional prosperity and development. Third, he continued, is justice and sustainability. He explained that because international society still has many issues that need to be resolved, Taiwan and Japan can cooperate for the public good, helping countries in need around the world, and cooperating to address climate change and achieve net-zero transition by 2050. Asked whether he hopes that the US will continue to be a leader in the liberal democratic system, President Lai responded by saying that although the US severed diplomatic ties with the Republic of China, for the past few decades it has assisted Taiwan in various areas such as national defense, security, and countering threats from China, based on the Taiwan Relations Act and the Six Assurances. He pointed out that Taiwan has also benefited, directly and indirectly, in terms of politics, democracy, and economic prosperity thanks to the US, and so Taiwan naturally hopes that the US remains strong and continues to lead the world. President Lai said that when the US encounters difficulties, whether financial difficulties, reindustrialization issues, or becoming a global center for AI, and hopes to receive support from its friends and allies to jointly safeguard regional peace and stability, Taiwan is willing to stand together for a common cause. If the US remains strong, he said, that helps Taiwan, the Indo-Pacific region, and the world as a whole. Noting that while the vital role of the US on the global stage has not changed, the president said that after decades of shouldering global responsibilities, it has encountered some issues. Now, it has to make adjustments, he said, stating his firm belief that it will do so swiftly, and quickly resume its leadership role in the world. Asked to comment on remarks he made during his election campaign that he would like to invite China’s President Xi Jinping for bubble tea, President Lai responded that Taiwan is a peace-loving country, and Taiwanese society is inherently kind, and therefore we hope to get along peacefully with China, living in peace and mutual prosperity. So, during his term as vice president, he said, he was expressing the goodwill of Taiwanese society. Noting that while he of course understands that China’s President Xi would have certain difficulties in accepting this, he emphasized that the goodwill of Taiwanese society has always existed. If China reflects on the past two or three decades, he said, it will see that its economy was able to develop with Taiwan as its largest foreign investor. The president explained that every year, 1 to 2 million Taiwanese were starting businesses or investing in China, creating numerous job opportunities and stabilizing Chinese society. While many Taiwanese businesses have profited, he said, Chinese society has benefited even more. He added that every time a natural disaster occurs, if China is in need, Taiwanese always offer donations. Therefore, the president said, he hopes that China can face the reality of the Republic of China’s existence and understand that the people of Taiwan hope to continue living free and democratic lives with respect for human rights. He also expressed hope that China can pay attention to the goodwill of Taiwanese society. He underlined that we have not abandoned the notion that as long as there is parity, dignity, exchange, and cooperation, the goodwill of choosing dialogue over confrontation and exchange over containment will always exist. Asked for his view on the national security reforms in response to China’s espionage activities and infiltration attempts, President Lai said that China’s united front infiltration activities in Taiwan are indeed very serious. He said that China’s ambitions to annex Taiwan rely not only on the use of political and military intimidation, but also on its long-term united front and infiltration activities in Taiwanese society. Recently, he pointed out, the Taiwan High Prosecutors Office of the Ministry of Justice prosecuted 64 spies, which is three times the number in 2021, and in addition to active-duty military personnel, many retired military personnel were also indicted. Moreover, he added, Taiwan also has the Chinese Unification Promotion Party, which has a background in organized crime, Rehabilitation Alliance Party, which was established by retired military personnel, and Republic of China Taiwan Military Government, which is also composed of retired generals. He explained that these are all China’s front organizations, and they plan one day to engage in collaboration within Taiwan, which shows the seriousness of China’s infiltration in Taiwan. Therefore, the president said, in the recent past he convened a high-level national security meeting and proposed 17 response strategies across five areas. He then enumerated the five areas: first, to address China’s threat to Taiwan’s sovereignty; second, to respond to the threat of China’s obscuring the Taiwanese people’s sense of national identity; third, to respond to the threat of China’s infiltrating and recruiting members of the ROC Armed Forces as spies; fourth, to respond to the threat of China’s infiltration of Taiwanese society through societal exchanges and united front work; and fifth, to respond to the threat of China using “integration plans” to draw Taiwan’s young people and Taiwanese businesses into its united front activities. In response to these five major threats, he said, he has proposed 17 response strategies, one of which being to restore the military trial system. He explained that if active-duty military personnel commit military crimes, they must be subject to military trials, and said that this expresses the Taiwanese government’s determination to respond to China’s united front infiltration and the subversion of Taiwan. Responding to the question of which actions Taiwan can take to guard against China’s threats to regional security, President Lai said that many people are worried that the increasingly tense situation may lead to accidental conflict and the outbreak of war. He stated his own view that Taiwan is committed to facing China’s various threats with caution. Taiwan is never the source of these problems, he emphasized, and if there is an accidental conflict and it turns into a full-scale war, it will certainly be a deliberate act by China using an accidental conflict as a pretext. He said that when China expanded its military presence in the East China Sea and South China Sea, the international community did not stop it; when China conducted exercises in the Taiwan Strait, the international community did not take strong measures to prevent this from happening. Now, he continued, China is conducting gray-zone exercises, which are aggressions against not only the Taiwan Strait, the South China Sea, and the East China Sea, but also extending to the Sea of Japan and waters near South Korea. He said that at this moment, Taiwan, the Philippines, Japan, and even the US should face these developments candidly and seriously, and we must exhibit unity and cooperation to prevent China’s gray-zone aggression from continuing to expand and prevent China from shifting from a military exercise to combat. If no action is taken now, the president said, the situation may become increasingly serious. Asked about the view of some US analysts who point out that China will have the ability to invade Taiwan around 2027, President Lai responded that Taiwan, as the country on the receiving end of threats and aggression, must plan for the worst and make the best preparations. He recalled a famous saying from the armed forces: “Do not count on the enemy not showing up; count on being ready should it strike.” This is why, he said, he proposed the Four Pillars of Peace action plan. First, he said, we must strengthen our national defense. Second, he added, we must strengthen economic resilience, adding that not only must our economy remain strong, but it must also be resilient, and that we cannot put all our eggs in the same basket, in China, as we have done in the past. Third, he continued, we must stand shoulder to shoulder with friends and allies such as Japan and the US, as well as the democratic community, and we must demonstrate the strength of deterrence to prevent China from making the wrong judgment. Fourth, he emphasized, as long as China treats Taiwan with parity and dignity, Taiwan is willing to conduct exchanges and cooperate with China and seek cross-strait peace and mutual prosperity through exchanges and cooperation. Regarding intensifying US-China confrontation, the president was asked in which areas he thinks Taiwan and Japan should strengthen cooperation; with Japan’s Ishiba administration also being a minority government, the president was asked for his expectations for the Ishiba administration. President Lai said that in the face of rapid and tremendous changes in the political situation, every government faces considerable challenges, especially for minority governments, but the Japanese government led by Prime Minister Ishiba has quite adequately responded with various strategies. Furthermore, he said, Japan is different from Taiwan, explaining that although Japan’s ruling party lacks a majority, political parties in Japan engage in competition domestically while exhibiting unity externally. He said that Taiwan’s situation is more challenging, because the ruling and opposition parties hold different views on the direction of the country, due to differences in national identity. The president expressed his hope that in the future Taiwan and Japan will enjoy even more comprehensive cooperation. He stated that he has always believed that deep historical bonds connect Taiwan and Japan. Over the past several decades, he said, when encountering natural disasters and tragedies, our two nations have assisted each other with mutual care and support. He said that the affection between the people of Taiwan and Japan is like that of a family. Pointing out that both countries face the threat of authoritarianism, he said that we share a mission to safeguard universal values such as democracy, freedom, and respect for human rights. The president said that our two countries should be more open to cooperation in various areas to maintain regional peace and stability as well as to strengthen cooperation in economic and industrial development, such as for semiconductor industry chains and everyday applications of AI, including robots and drones, adding that we can also cooperate on climate change response, such as in hydrogen energy and other strategies. He said our two countries should also continue to strengthen people-to-people exchanges. He then took the opportunity to once again invite our good friends from Japan to visit Taiwan for tourism and learn more about Taiwan, saying that the Taiwanese people wholeheartedly welcome our Japanese friends.  

    Details
    2025-05-20
    President Lai interviewed by Nippon Television and Yomiuri TV
    In a recent interview on Nippon Television’s news zero program, President Lai Ching-te responded to questions from host Mr. Sakurai Sho and Yomiuri TV Shanghai Bureau Chief Watanabe Masayo on topics including reflections on his first year in office, cross-strait relations, China’s military threats, Taiwan-United States relations, and Taiwan-Japan relations. The interview was broadcast on the evening of May 19. During the interview, President Lai stated that China intends to change the world’s rules-based international order, and that if Taiwan were invaded, global supply chains would be disrupted. Therefore, he said, Taiwan will strengthen its national defense, prevent war by preparing for war, and achieve the goal of peace. The president also noted that Taiwan’s purpose for developing drones is based on national security and industrial needs, and that Taiwan hopes to collaborate with Japan. He then reiterated that China’s threats are an international problem, and expressed hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war. Following is the text of the questions and the president’s responses: Q: How do you feel as you are about to round out your first year in office? President Lai: When I was young, I was determined to practice medicine and save lives. When I left medicine to go into politics, I was determined to transform Taiwan. And when I was sworn in as president on May 20 last year, I was determined to strengthen the nation. Time flies, and it has already been a year. Although the process has been very challenging, I am deeply honored to be a part of it. I am also profoundly grateful to our citizens for allowing me the opportunity to give back to our country. The future will certainly be full of more challenges, but I will do everything I can to unite the people and continue strengthening the nation. That is how I am feeling now. Q: We are now coming up on the 80th anniversary of the end of World War II, and over this period, we have often heard that conflict between Taiwan and the mainland is imminent. Do you personally believe that a cross-strait conflict could happen? President Lai: The international community is very much aware that China intends to replace the US and change the world’s rules-based international order, and annexing Taiwan is just the first step. So, as China’s military power grows stronger, some members of the international community are naturally on edge about whether a cross-strait conflict will break out. The international community must certainly do everything in its power to avoid a conflict in the Taiwan Strait; there is too great a cost. Besides causing direct disasters to both Taiwan and China, the impact on the global economy would be even greater, with estimated losses of US$10 trillion from war alone – that is roughly 10 percent of the global GDP. Additionally, 20 percent of global shipping passes through the Taiwan Strait and surrounding waters, so if a conflict breaks out in the strait, other countries including Japan and Korea would suffer a grave impact. For Japan and Korea, a quarter of external transit passes through the Taiwan Strait and surrounding waters, and a third of the various energy resources and minerals shipped back from other countries pass through said areas. If Taiwan were invaded, global supply chains would be disrupted, and therefore conflict in the Taiwan Strait must be avoided. Such a conflict is indeed avoidable. I am very thankful to Prime Minister of Japan Ishiba Shigeru and former Prime Ministers Abe Shinzo, Suga Yoshihide, and Kishida Fumio, as well as US President Donald Trump and former President Joe Biden, and the other G7 leaders, for continuing to emphasize at international venues that peace and stability across the Taiwan Strait are essential components for global security and prosperity. When everyone in the global democratic community works together, stacking up enough strength to make China’s objectives unattainable or to make the cost of invading Taiwan too high for it to bear, a conflict in the strait can naturally be avoided. Q: As you said, President Lai, maintaining peace and stability across the Taiwan Strait is also very important for other countries. How can war be avoided? What sort of countermeasures is Taiwan prepared to take to prevent war? President Lai: As Mr. Sakurai mentioned earlier, we are coming up on the 80th anniversary of the end of WWII. There are many lessons we can take from that war. First is that peace is priceless, and war has no winners. From the tragedies of WWII, there are lessons that humanity should learn. We must pursue peace, and not start wars blindly, as that would be a major disaster for humanity. In other words, we must be determined to safeguard peace. The second lesson is that we cannot be complacent toward authoritarian powers. If you give them an inch, they will take a mile. They will keep growing, and eventually, not only will peace be unattainable, but war will be inevitable. The third lesson is why WWII ended: It ended because different groups joined together in solidarity. Taiwan, Japan, and the Indo-Pacific region are all directly subjected to China’s threats, so we hope to be able to join together in cooperation. This is why we proposed the Four Pillars of Peace action plan. First, we will strengthen our national defense. Second, we will strengthen economic resilience. Third is standing shoulder to shoulder with the democratic community to demonstrate the strength of deterrence. Fourth is that as long as China treats Taiwan with parity and dignity, Taiwan is willing to conduct exchanges and cooperate with China, and seek peace and mutual prosperity. These four pillars can help us avoid war and achieve peace. That is to say, Taiwan hopes to achieve peace through strength, prevent war by preparing for war, keeping war from happening and pursuing the goal of peace. Q: Regarding drones, everyone knows that recently, Taiwan has been actively researching, developing, and introducing drones. Why do you need to actively research, develop, and introduce new drones at this time? President Lai: This is for two purposes. The first is to meet national security needs. The second is to meet industrial development needs. Because Taiwan, Japan, and the Philippines are all part of the first island chain, and we are all democratic nations, we cannot be like an authoritarian country like China, which has an unlimited national defense budget. In this kind of situation, island nations such as Taiwan, Japan, and the Philippines should leverage their own technologies to develop national defense methods that are asymmetric and utilize unmanned vehicles. In particular, from the Russo-Ukrainian War, we see that Ukraine has successfully utilized unmanned vehicles to protect itself and prevent Russia from unlimited invasion. In other words, the Russo-Ukrainian War has already proven the importance of drones. Therefore, the first purpose of developing drones is based on national security needs. Second, the world has already entered the era of smart technology. Whether generative, agentic, or physical, AI will continue to develop. In the future, cars and ships will also evolve into unmanned vehicles and unmanned boats, and there will be unmanned factories. Drones will even be able to assist with postal deliveries, or services like Uber, Uber Eats, and foodpanda, or agricultural irrigation and pesticide spraying. Therefore, in the future era of comprehensive smart technology, developing unmanned vehicles is a necessity. Taiwan, based on industrial needs, is actively planning the development of drones and unmanned vehicles. I would like to take this opportunity to express Taiwan’s hope to collaborate with Japan in the unmanned vehicle industry. Just as we do in the semiconductor industry, where Japan has raw materials, equipment, and technology, and Taiwan has wafer manufacturing, our two countries can cooperate. Japan is a technological power, and Taiwan also has significant technological strengths. If Taiwan and Japan work together, we will not only be able to safeguard peace and stability in the Taiwan Strait and security in the Indo-Pacific region, but it will also be very helpful for the industrial development of both countries. Q: The drones you just described probably include examples from the Russo-Ukrainian War. Taiwan and China are separated by the Taiwan Strait. Do our drones need to have cross-sea flight capabilities? President Lai: Taiwan does not intend to counterattack the mainland, and does not intend to invade any country. Taiwan’s drones are meant to protect our own nation and territory. Q: Former President Biden previously stated that US forces would assist Taiwan’s defense in the event of an attack. President Trump, however, has yet to clearly state that the US would help defend Taiwan. Do you think that in such an event, the US would help defend Taiwan? Or is Taiwan now trying to persuade the US? President Lai: Former President Biden and President Trump have answered questions from reporters. Although their responses were different, strong cooperation with Taiwan under the Biden administration has continued under the Trump administration; there has been no change. During President Trump’s first term, cooperation with Taiwan was broader and deeper compared to former President Barack Obama’s terms. After former President Biden took office, cooperation with Taiwan increased compared to President Trump’s first term. Now, during President Trump’s second term, cooperation with Taiwan is even greater than under former President Biden. Taiwan-US cooperation continues to grow stronger, and has not changed just because President Trump and former President Biden gave different responses to reporters. Furthermore, the Trump administration publicly stated that in the future, the US will shift its strategic focus from Europe to the Indo-Pacific. The US secretary of defense even publicly stated that the primary mission of the US is to prevent China from invading Taiwan, maintain stability in the Indo-Pacific, and thus maintain world peace. There is a saying in Taiwan that goes, “Help comes most to those who help themselves.” Before asking friends and allies for assistance in facing threats from China, Taiwan must first be determined and prepared to defend itself. This is Taiwan’s principle, and we are working in this direction, making all the necessary preparations to safeguard the nation. Q: I would like to ask you a question about Taiwan-Japan relations. After the Great East Japan Earthquake in 2011, you made an appeal to give Japan a great deal of assistance and care. In particular, you visited Sendai to offer condolences. Later, you also expressed condolences and concern after the earthquakes in Aomori and Kumamoto. What are your expectations for future Taiwan-Japan exchanges and development? President Lai: I come from Tainan, and my constituency is in Tainan. Tainan has very deep ties with Japan, and of course, Taiwan also has deep ties with Japan. However, among Taiwan’s 22 counties and cities, Tainan has the deepest relationship with Japan. I sincerely hope that both of you and your teams will have an opportunity to visit Tainan. I will introduce Tainan’s scenery, including architecture from the era of Japanese rule, Tainan’s cuisine, and unique aspects of Tainan society, and you can also see lifestyles and culture from the Showa era.  The Wushantou Reservoir in Tainan was completed by engineer Mr. Hatta Yoichi from Kanazawa, Japan and the team he led to Tainan after he graduated from then-Tokyo Imperial University. It has nearly a century of history and is still in use today. This reservoir, along with the 16,000-km-long Chianan Canal, transformed the 150,000-hectare Chianan Plain into Taiwan’s premier rice-growing area. It was that foundation in agriculture that enabled Taiwan to develop industry and the technology sector of today. The reservoir continues to supply water to Tainan Science Park. It is used by residents of Tainan, the agricultural sector, and industry, and even the technology sector in Xinshi Industrial Park, as well as Taiwan Semiconductor Manufacturing Company. Because of this, the people of Tainan are deeply grateful for Mr. Hatta and very friendly toward the people of Japan. A major earthquake, the largest in 50 years, struck Tainan on February 6, 2016, resulting in significant casualties. As mayor of Tainan at the time, I was extremely grateful to then-Prime Minister Abe, who sent five Japanese officials to the disaster site in Tainan the day after the earthquake. They were very thoughtful and asked what kind of assistance we needed from the Japanese government. They offered to provide help based on what we needed. I was deeply moved, as former Prime Minister Abe showed such care, going beyond the formality of just sending supplies that we may or may not have actually needed. Instead, the officials asked what we needed and then provided assistance based on those needs, which really moved me. Similarly, when the Great East Japan Earthquake of 2011 or the later Kumamoto earthquakes struck, the people of Tainan, under my leadership, naturally and dutifully expressed their support. Even earlier, when central Taiwan was hit by a major earthquake in 1999, Japan was the first country to deploy a rescue team to the disaster area. On February 6, 2018, after a major earthquake in Hualien, former Prime Minister Abe appeared in a video holding up a message of encouragement he had written in calligraphy saying “Remain strong, Taiwan.” All of Taiwan was deeply moved. Over the years, Taiwan and Japan have supported each other when earthquakes struck, and have forged bonds that are family-like, not just neighborly. This is truly valuable. In the future, I hope Taiwan and Japan can be like brothers, and that the peoples of Taiwan and Japan can treat one another like family. If Taiwan has a problem, then Japan has a problem; if Japan has a problem, then Taiwan has a problem. By caring for and helping each other, we can face various challenges and difficulties, and pursue a brighter future. Q: President Lai, you just used the phrase “If Taiwan has a problem, then Japan has a problem.” In the event that China attempts to invade Taiwan by force, what kind of response measures would you hope the US military and Japan’s Self-Defense Forces take? President Lai: As I just mentioned, annexing Taiwan is only China’s first step. Its ultimate objective is to change the rules-based international order. That being the case, China’s threats are an international problem. So, I would very much hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war – prevention, after all, is more important than cure.

    MIL OSI Asia Pacific News

  • MIL-OSI: Bitget Lists World Liberty Financial’s USD1 (USD1) Token for Spot Trading

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, May 26, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of USD1, adding it to spot trading. World Liberty Financial’s USD1 is a fiat-backed stablecoin pegged 1:1 with US Dollars. Trading for USD1/USDT and USD1/USDC trading pair will begin on 26 May 2025, 10:00 (UTC), with withdrawals available on 27 May 2025, 11:00 (UTC).

    The USD1, issued by the Trump family-affiliated World Liberty Financial, is designed to streamline digital transactions by enabling seamless conversion between fiat currency and digital assets. Its recent integration and growing popularity marks a major step toward broader adoption, allowing the stablecoin to operate across multiple blockchains. Through strategic partnerships, USD1 is accelerating its integration within the decentralized finance ecosystem.

    As Bitget continues to curate unique and influential assets within its innovation zone, the listing of USD1 signifies growing demand for stablecoin ecosystems.

    Bitget continues to expand its offerings, positioning itself as a leading platform for cryptocurrency trading. The exchange has established a reputation for innovative solutions that empower users to explore crypto within a secure CeDeFi ecosystem. With an extensive selection of over 800 cryptocurrency pairs and a commitment to broaden its offerings to more than 900 trading pairs, Bitget connects users to various ecosystems, including Bitcoin, Ethereum, Solana, Base, and TON.

    The addition of USD1 into Bitget’s portfolio marks a significant step toward expanding its ecosystem by embracing niche communities and fostering innovation in decentralized economies, further strengthening its role as a gateway to diverse Web3 projects.

    For more details on USD1, visit here.

    About Bitget

    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

    Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

    For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

    For media inquiries, please contact: media@bitget.com

    Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a3dccde4-3a2a-4131-8c07-59dbf02e4c59

    The MIL Network

  • MIL-OSI USA: Miller, Davis Reintroduce the Second Chance Reauthorization Act of 2025

    Source: United States House of Representatives – Congresswoman Carol Miller (R-WV)

    Washington, D.C. – Yesterday, Congresswoman Carol Miller (R-WV) and Congressman Danny K. Davis (D-IL) introduced legislation to reauthorize critical reentry grant programs from the Second Chance Act of 2008 to support reentry efforts including housing, career training and job placement, and substance use disorder and mental health treatment. The Second Chance Reauthorization Act of 2025 would reauthorize critical programs to reduce recidivism, invest in communities, and promote public safety.
     
    Over 95% of the prison population will eventually be released, with more than 600,000 individuals returning to their communities from prison each year and an even higher number entering and exiting local jails. To address this need and to improve reentry services and lower recidivism rates, the Second Chance Act was passed by Congress with bipartisan support and signed into law by President Bush in April 2008. The Act was last reauthorized by President Trump in 2018.
     
    Senators Capito (R-WV) and Booker (D-NJ) introduced companion legislation in the U.S. Senate.
     
    Since the Second Chance Act passed in 2008, formerly incarcerated West Virginians reentering our communities have received the vital services and support they needed to return home successfully,” said Rep. Miller. “We have seen the benefits of the Second Chance Act in West Virginia and across the country. When we put in place strong reentry programming, we are creating safer communities where individuals feel supported and empowered to break the cycle of recidivism.”
     
    Second Chance reentry programs and services have reached hundreds of thousands of individuals and families across the country, creating healthier families and safer communities,” said Rep. Davis. “Continuing to invest in these evidenced-based interventions is a commonsense approach to strengthen individuals, re-build families, and grow our economy.”
     
    Joining Representatives Miller and Davis are Representatives Darin LaHood (R-IL), Lucy McBath (D-GA), Bruce Westerman (R-AR), Hank Johnson (D-GA), Laurel Lee (R-FL), Bobby Scott (D-VA), Don Bacon (R-NE), Nydia Velásquez (D-NY), Lloyd Smucker (R-PA), Shontel Brown (D-OH), Mike Turner (R-OH), Pramila Jayapal (D-WA), Barry Moore (R-AL), and Andre Carson (D-IN).
     
    As a former federal prosecutor, I understand the importance of accountability to the law, but I also believe that individuals deserve the opportunity to rebuild their lives and contribute to society,” said Rep. LaHood. “I am proud to join my colleagues in reintroducing the Second Chance Act to invest in rehabilitation programs to strengthen services provided in Illinois’ 16th Congressional District to reduce recidivism rates and provide substance abuse treatment for those who need it most.”
     
    Last month, I was honored to work with colleagues across the aisle to declare April as Second Chance Month, and today’s introduction of the Second Chance Act builds on our bipartisan efforts to break down barriers for formerly incarcerated Americans,” said Rep. McBath. “The goal of our justice system is to reduce and prevent recidivism, which is why we must make smart federal investments to support programs and organizations that assist individuals with reentry. We in Congress can and must be leaders in breaking the stigma and empowering formerly incarcerated individuals to once again make vital contributions to their communities. I am proud to be an original cosponsor of this legislation.”
     
    It is incredibly important to create pathways for incarcerated Arkansans and Americans who have paid their debt to society and are now experiencing the arduous barriers to re-enter their communities. Congress must work towards reducing recidivism rates and breaking the cycle of crime,” said Rep. Westerman. “There is no doubt that each of these Americans have an intrinsic value and are worthy of the dignity that comes with establishing hard-earned jobs and gaining sought-after respect among their peers. I am proud to support the Second Chance Reauthorization Act which will promote second chances and in turn, create safer communities and brighter futures.
     
    Thousands of citizens return from incarceration to our communities every year,” said Rep. Johnson.I know how difficult it is for people to get back up on their feet after getting out of the system. We need to fund programs that can remove barriers for returning citizens. That’s what Second Chance Act is all about, and I’m proud to support this critical, bipartisan legislation.”
     
    Stabilizing services and employment opportunities are critical for recently incarcerated individuals. We know these programs get people back on the right track and facilitate successful reentry,” said Rep. Scott.The Second Chance Act reduces recidivism and provides critical support for those returning to society and I thank my colleagues for joining this bipartisan effort with me.”
     
    I am pleased to support the reauthorization of the Second Chance Act, which demonstrates our commitment to the power of forgiveness and rehabilitation,” said Rep. Bacon. “Second Chance programs have helped reintegrate people back into society, heal families, and give much-needed mental health services. With the help of these support systems, individuals can become productive members of society, restoring dignity and respect to those who have served their time and want to contribute back to their communities and families.”
     
    Everyone deserves the chance to rebuild their life after incarceration, and that means real support, not roadblocks. The Second Chance Reauthorization Act invests in the housing, job training, and mental health services that make successful reentry possible,” said Rep. Velázquez. “I’m proud to support this bipartisan effort to break cycles of incarceration and uplift communities across the country, and I thank Representatives Danny Davis and Carol Miller for their leadership on this important legislation.”
     
    America is the land of opportunity and second chances. Previously incarcerated individuals who take accountability for their actions and improve their lives should be able to count on our support,” said Rep. Smucker.By passing the Second Chance Act Reauthorization Act of 2025, we can help more Americans successfully reenter and become productive members of their communities.” 
     
    I am honored to be an original cosponsor of the Second Chance Act Reauthorization of 2025. In Northeast Ohio we know first-hand how the cycles of incarceration can negatively impact families and communities,” said Rep. Brown.By investing in reentry programs and supporting formerly incarcerated individuals, the Second Chance Act has reduced recidivism, strengthened families, and invested in communities that are far too often left behind. We need to build on that progress and ensure more people have a real path to opportunity and stability.”
     
    The Second Chance Reauthorization Act of 2025 represents a principled and measured approach to criminal justice reform, one that reaffirms our commitment to accountability while acknowledging the vital role of rehabilitation and successful reintegration,” said Rep. Turner. “When we invest in programs that prepare individuals to return to society with purpose and responsibility, we not only restore lives, but strengthen the foundations of our communities.”
     
    For many incarcerated Alabamians and Americans, paying their debt to society after committing a crime is just the start of a long, burdensome process toward re-entering society,” said Rep. Moore. “The Lord shows each of us grace daily, and that same grace should be shown to those who are committed to breaking the cycle of crime and reintegrating into communities. We must do all we can to help reduce recidivism rates and provide pathways to opportunities that will help incarcerated individuals see a brighter future. I am proud to support the Second Chance Reauthorization Act and look forward to seeing the positive impacts it makes on incarcerated individuals and their communities.” 
     
    I’m honored to join my colleagues as an original cosponsor of the Second Chance Act Reauthorization. These programs have a proven track record of reducing recidivism and helping returning citizens come back home to become productive members of our communities,” said Rep. Carson.Over half of all Second Chance participants enrolled in re-entry programs for employment, housing and education services. My home state of Indiana has seen a 21% drop in re-incarceration rates since the bill was first enacted, and if we continue to boldly invest in Second Chances, our families and communities will grow stronger with opportunities for everyone.

    For too long, our country’s criminal justice system has focused on punitive measures that do nothing to reduce recidivism or actually make our communities safer. We need to invest in initiatives that center rehabilitation and reentry – which is why I’m proud to join my colleagues in introducing the Second Chance Reauthorization Act,” said Rep. Jayapal. “This legislation will continue giving formerly incarcerated individuals the tools and support they need to come back to their homes and communities and successfully rebuild their lives.” 
     
    To read the full text of the bill, click here.
     
    Background:
    The Second Chance Reauthorization Act of 2025 would:

    1. Reauthorize key grant programs that provide vital services, supports, and resources for people reentering their communities after incarceration;
    2. Expand allowable uses for supportive and transitional housing services for individuals reentering the community from prison and jail; and
    3. Enhance addiction treatment services for individuals with substance use disorders, including peer recovery services, case management, and overdose prevention.

     
    Since its passage 16 years ago, Second Chance has supported states, local governments, tribal governments, and nonprofit organizations in their efforts to reduce recidivism. To date, Second Chance grants have reached more than 442,000 justice-involved individuals who participated in reentry services or parole and probation programs. From 2009 to 2024, the U.S. Department of Justice awarded over 1,300 Second Chance Act grants to states, local, and tribal governments, as well as reentry-focused community organizations. Second Chance grants have been administered to 871 agencies across 49 U.S. states, territories, and the District of Columbia.
     
    The legislation is supported by the Council of State Governments Justice Center, Correctional Leaders Association, Major County Sheriffs of America, Conservative Political Action Conference, American Correctional Association, American Jail Association, Prison Fellowship, National District Attorneys Association, American Parole and Probation Association, National Alliance on Mental Illness, National Association of Counties, National Association of State Alcohol and Drug Abuse Directors, National Association of State Mental Health Program Directors, National League of Cities, Treatment Alternatives for Safe Communities, Unify.US, and U.S. Chamber of Commerce.

    ###

    MIL OSI USA News

  • MIL-OSI USA: Miller and Ways and Means Republicans Provide Tax Cuts and Relief for American Families

    Source: United States House of Representatives – Congresswoman Carol Miller (R-WV)

    Washington, D.C. – Last week, after an 18-hour markup session, the Ways and Means Committee voted to build upon the 2017 Trump tax cuts, averting a 22 percent tax hike on American families. The Republican-led bill will deliver meaningful tax relief for average working families, including an additional $1,300 tax cut, increasing annual take-home pay by $4,000 to $5,000, and raising annual real wages by roughly $3,000. This One, Big, Beautiful Bill keeps President Trump’s promises of no tax on tips, no tax on overtime pay, no tax on auto loan interest, and tax relief for seniors.

    This bill will also bolster small businesses throughout the country by increasing the 199A small business deduction to 23 percent and making the deduction permanent, provide relief to gig workers by ending the $600 1099-K reporting threshold imposed by Democrats, and encourages domestic manufacturing by allowing 100% expensing for new factories and improvements to existing factories. The legislation also ensures taxpayer benefits are going to legal American citizens by requiring a Social Security number for individuals claiming tax credits and deductions.

    “Ways and Means Committee Republicans are committed to ensuring that American families are once again put at the forefront of our country’s economic policies, rather than foreign governments and illegal immigrants. By passing this tax package through our committee, we are one step closer to securing President Trump’s promises and ushering in a golden age of American manufacturing and economic success. I call on my colleagues in the House of Representatives to pass this bill so that we can continue to work toward getting it to President Trump’s desk,” said Congresswoman Miller.

    ###

    MIL OSI USA News

  • MIL-OSI USA: WATCH: Miller Speaks on House Floor in Support of the One, Big, Beautiful Bill

    Source: United States House of Representatives – Congresswoman Carol Miller (R-WV)

    Washington, D.C. – This morning, the House of Representatives passed H.R. 1, the One, Big, Beautiful Bill Act. Congresswoman Miller voted in favor of the legislation, and spoke in support of the bill’s passage on the House floor. Her speech can be viewed here and is transcribed below:

    “Thank you for yielding. I rise today in strong support of the One, Big, Beautiful Bill.

    Ways and Means Republicans have worked tirelessly for two years, traveling across America and hearing from real people about the impact that the 2017 Trump Tax Cuts had on them.

    Working families got more money back in their pay checks from a simplified tax code, Main Street America was able to utilize the small business deduction to weather the storm of high inflation during the Biden years, and larger businesses were able to invest more of their money domestically because of a globally competitive corporate rate.

    This One, Big, Beautiful Bill builds on all of that successful tax policy – and then some. 

    This bill gives the average working family a $1,300 tax cut. It delivers on President Trump’s promises of no tax on tips and no tax on overtime pay. It makes permanent the 199A small business deduction to keep our economy humming.

    It also provides relief to gig workers by ending the Democrats’ ridiculous $600 1099-K reporting threshold and reverting back to the time-tested standard of $20,000 and 200 transactions. 

    I have worked tirelessly to fix this problem since Democrats created it – and I am glad to see it included in this bill.

    This legislation will undoubtedly make the life of the Average American better, and I am proud to support it on the House floor and help get it to President Trump’s desk. I urge my colleagues to do the same.”

    ###

    MIL OSI USA News

  • I don’t know what’s wrong with him: Trump says he is not happy with Putin for bombing Ukraine

    Source: Government of India

    Source: Government of India (4)

    U.S. President Donald Trump on Sunday expressed deep unhappiness at Russia’s weekend bombing of Ukraine, saying of Russian President Vladimir Putin, “I’m not happy with Putin.”
     
    “I don’t know what’s wrong with him. What the hell happened to him? Right? He’s killing a lot of people. I’m not happy about that,” Trump told reporters at the airport in Morristown, New Jersey, as he prepared to return to Washington.
     
    Trump spoke in reaction to a Russian barrage of 367 drones and missiles at Ukrainian cities overnight on Sunday, including the capital Kyiv, in the largest aerial attack of the war so far, killing at least 12 people and injuring dozens more.
     
    Trump has been trying to get both sides to agree to a ceasefire in the three-year-old war in Ukraine and he spoke for more than two hours with Putin last week.
     
    He raised the possibility of imposing more sanctions on Russia in response to the ongoing attacks.
     
    “Always gotten along with him, but he’s sending rockets into cities and killing people, and I don’t like it at all,” Trump said.
     
    (Reuters)
  • MIL-OSI China: Trump agrees to EU tariff extension after call with von der Leyen

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

    U.S. President Donald Trump said Sunday that he agreed to postpone the planned 50 percent tariff on imports from the EU until July 9.

    “It was my privilege to do so,” Trump wrote on Truth Social, following a call from European Commission President Ursula von der Leyen requesting an extension.

    “(Von der Leyen) said she wants to get down to serious negotiation,” said Trump.

    Writing on X, the EU chief described the call as “good,” saying that “Europe is ready to advance talks swiftly and decisively.”

    On Friday, Trump said talks with the 27-member bloc were “going nowhere,” threatening to impose a 50 percent tariff on all EU imports from June 1.

    EU officials and member state representatives responded with discontent, warning that such coercive tactics would jeopardize transatlantic trade talks.

    MIL OSI China News

  • MIL-OSI Russia: D. Trump agreed to postpone the introduction of tariffs on goods from the EU after a conversation with U. von der Leyen

    Translation. Region: Russian Federal

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

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

    NEW YORK/Brussels, May 26 (Xinhua) — U.S. President Donald Trump said Sunday he has agreed to delay the planned imposition of 50 percent tariffs on imports from the European Union until July 9.

    “It was an honor to do this,” Trump wrote on the Truth Social social network after a call from European Commission President Ursula von der Leyen asking for an extension.

    “/W. von der Leyen/ said that she wants to start serious negotiations,” said D. Trump.

    In a post on social media X, the head of the European Commission described the call as “good,” saying “Europe is ready to move the negotiations forward quickly and decisively.”

    On Friday, D. Trump said that negotiations with the 27 member countries of the bloc “are going nowhere,” threatening to impose 50 percent tariffs on all imports from the EU from June 1.

    EU officials and member state representatives reacted with anger, warning that such coercive tactics would jeopardise transatlantic trade talks. –0–

    MIL OSI Russia News

  • MIL-OSI China: Trump demands ‘names and countries’ of Harvard’s foreign students

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

    U.S. President Donald Trump on Sunday said he wants the “names and countries” of every international student enrolled at Harvard University.

    The demand came just days after a federal judge blocked the Trump administration from revoking Harvard’s ability to enroll foreign students.

    “We want to know who those foreign students are, a reasonable request since we give Harvard BILLIONS OF DOLLARS, but Harvard isn’t exactly forthcoming,” Trump wrote in a Truth Social post. “We want those names and countries.”

    “Why isn’t Harvard saying that almost 31 percent of their students are from FOREIGN LANDS, and yet those countries, some not at all friendly to the United States, pay NOTHING toward their student’s education, nor do they ever intend to,” Trump wrote on Sunday. “Nobody told us that!”

    Trump also called on the Ivy League institution to stop applying for further federal funding.

    On Thursday, the Department of Homeland Security announced that it would revoke Harvard’s Student and Exchange Visitor Program certification, effectively prohibiting the university from admitting international students. All current international students would need to transfer to another university or lose their legal status.

    Harvard then promptly filed a lawsuit against the administration, and a federal judge in Massachusetts on Friday issued a temporary restraining order preventing the government from enforcing the ban pending a full hearing.

    Harvard’s data indicate that, as of the fall 2023 semester, international students comprised more than 27 percent of its total enrollment. The university currently enrolls nearly 6,800 international students and scholars from more than 140 countries and regions, the majority of whom are pursuing graduate-level study.

    International students represent a significant source of revenue for U.S. higher education institutions. 

    MIL OSI China News

  • MIL-OSI Asia-Pac: President Lai leads industrial listening tours to Taichung and mobilizes the government to help Businesses tackle U.S. Tariff Challenges.

    Source: Republic of China Taiwan

    President Lai Ching-Te led a delegation on April 11 to the Taichung Industrial Park under the Bureau of Industrial Parks(BIP) of the Ministry of Economic Affairs(MOEA) as part of the “Industry Listening Tour.” Accompanied by Secretary-General to the President Pan Men-An, Executive Yuan Secretary-General Kung Ming-Hsin, Minister of Economic Affairs Kuo Jyh-Huei, Export-Import Bank of the Republic of China Chairman Tai Teng-shan, and other MOEA officials, President Lai held in-depth discussions with central Taiwan enterprises leaders to understand firsthand the challenges and needs arising from recent changes to U.S. tariff policy.
    On April 10, U.S. President Donald Trump announced a 90-day pause and reduction of reciprocal tariffs to 10%. President Lai emphasized that this presents a crucial opportunity for Taiwan to engage in strategic negotiations and adjustments. He reassured the industry that the government would seize this opportunity and work side-by-side with enterprises to secure Taiwan’s best benefits. President Lai noted that Taiwan was among the first countries globally to respond with concrete actions, including launching industry consultations and proposing specific measures. These include pursuing tariff negotiations, increasing procurement and investment in the U.S., removing trade barriers, and combating country-of-origin misrepresentation. Addressing the impact of the reciprocal tariff, President Lai stated, “When the roots of the tree are stable, there’s no fear of the typhoon shaking its branches,” and outlined a new strategy: “rooted in Taiwan, expand global presence, strengthened ties with the U.S., and market worldwide.” He emphasized a dual transformation approach-smart and global-to enhance Taiwan’s industrial competitiveness.
    The MOEA explained that the government had launched an NT$88 billion support program for export supply chains in response to the U.S. tariff policy. The plan targets nine key areas and includes 20 measures such as enhanced export credit guarantees, enhanced SME financing, transformation R&D subsidies, and overseas market expansion, aimed at strengthening industry resilience and adaptability.
    During the session, company representatives actively shared insights and suggestions, covering topics such as international trade shows, logistics arrangements for U.S. shipments, financing needs, mechanisms to prevent origin fraud, and tax credit incentives for Taiwan-based operations. The President and officials responded directly and promptly to each concern, underscoring the government’s determination and responsiveness.
    President Lai concluded by noting that Taiwan is already included in the U.S.’s first list for tariff negotiations. He assured attendees that the government is fully prepared to engage in talks. This “listening tour,” he emphasized, is not only about hearing from the industry-it also marks the start of concrete government action, backed by targeted policies and resources to support businesses amid global change.

    Spokesman: Mr. Liu Chi-Chuan (Deputy Director General, BIP)
    Contact Number: 886-7-3613349, 0911363680
    Email: lcc12@bip.gov.tw

    Contact Person: Chi, Shih-Tsung (Director of Taichung Branch, BIP)
    Contact Number: 886-4-26581215, 0905287377
    Email: chist@bip.gov.tw

    MIL OSI Asia Pacific News

  • MIL-OSI Russia: D. Trump made tough statements against V. Putin and V. Zelensky

    Translation. Region: Russian Federal

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

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

    LOS ANGELES, May 26 (Xinhua) — U.S. President Donald Trump on Sunday made harsh remarks about both Russian President Vladimir Putin and Ukrainian President Volodymyr Zelensky.

    “I’m not happy with what V. Putin is doing,” Trump told reporters before flying from Morristown, N.J., to Washington. “I don’t know what the hell happened to V. Putin.”

    “I’ve known him for a long time, I’ve always gotten along with him, but he’s sending missiles to cities and killing people, and I don’t like that at all. Fine. We’re talking, and he’s shooting missiles at Kyiv and other cities. I don’t like that at all,” he added.

    D. Trump made the comments after Russia and Ukraine launched massive missile and drone strikes against each other on Sunday.

    Later on Sunday evening, D. Trump wrote on the social network Truth Social that V. Putin “has completely lost his mind!”

    In response to statements made by V. Zelensky earlier on Sunday criticizing the US silence on the latest Russian attacks, D. Trump said that V. Zelensky “is not doing his country any good by speaking the way he does.”

    “Everything he says is problematic, I don’t like it, and it better stop,” D. Trump said about V. Zelensky. According to him, the Ukrainian side should not blame him, since “this is a war of V. Zelensky, V. Putin and J. Biden, not D. Trump.” –0–

    MIL OSI Russia News

  • MIL-OSI Russia: D. Trump demands Harvard to provide data on foreign students

    Translation. Region: Russian Federal

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

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

    SAN FRANCISCO, May 26 (Xinhua) — U.S. President Donald Trump said Sunday that he wants to know the “names and countries” of the international students studying at Harvard University.

    The request comes just days after a federal judge blocked President Donald Trump’s administration from stripping Harvard University of its right to accept international students.

    “We want to know who these students are, which is a natural question since we fund Harvard with billions of dollars and Harvard is not very forthcoming,” he wrote on Thruth Social. “We want to know names and countries.”

    “Why doesn’t Harvard tell us that 31% of their students are foreigners, some of whom are not exactly friendly to the United States. And yet they don’t pay anything, and they don’t plan to,” Trump wrote on Sunday. “Nobody tells us this.”

    On Thursday, the Department of Homeland Security ordered the school to terminate its Student and Exchange Visitor Program (SEP) certification, effectively barring it from accepting foreign students. All international students must transfer from Harvard to other schools or lose their legal status in the United States.

    The university promptly filed a federal lawsuit against the administration. A federal judge in Massachusetts ordered a stay of the administration’s decision.

    Harvard data shows that international students made up more than 27 percent of the total student body as of the fall 2023 semester. The university currently has about 6,800 international students from more than 140 countries and regions.

    International student education is a significant source of revenue for U.S. universities. –0–

    MIL OSI Russia News

  • MIL-OSI USA: MEDIA ADVISORY: FOR PLANNING PURPOSES ONLY: U.S. Department of Homeland Security Secretary Kristi Noem to Travel to Israel

    Source: US Federal Emergency Management Agency

    Headline: MEDIA ADVISORY: FOR PLANNING PURPOSES ONLY: U

    S

    Department of Homeland Security Secretary Kristi Noem to Travel to Israel

    lass=”text-align-center”>Visit to include meeting with Israeli PM Netanyahu, Visits with Victims of Terrorism
    WASHINGTON – Following the recent terrorist attack in Washington, D

    C

    , President Donald J

    Trump has asked Secretary of Homeland Security Kristi Noem to travel to Israel

    During the visit, she will meet with Israeli Prime Minister Benjamin Netanyahu and victims of terrorism

    WHEN: Sunday, May 25- Monday, May 26

    IDT (GMT+3)
    Sunday, May 25, 2025
    7:30 PM          THE SECRETARY arrives in Israel                       Ben Gurion Airport9:15 PM          THE SECRETARY visits the Western Wall                       Batel Mahase Street                       Traveling press            
    Monday, May 26, 20259:00 AM          THE SECRETARY meets with the Minister of Foreign Affairs                       Sderot Yitzhak Rabin 9, Jerusalem                       American and Foreign press3:45 PM          THE SECRETARY arrives Ben Gurion Airport                                4:15 PM          THE SECRETARY departs Ben Gurion Airport en route Poland

                        Please RSVP media@hq

    DHS

    gov if you plan to cover the events

    Times are subject to change

      
     

    MIL OSI USA News

  • MIL-OSI USA: President Donald J. Trump Approves Major Disaster Declaration for Mississippi

    Source: US Federal Emergency Management Agency

    Headline: President Donald J

    Trump Approves Major Disaster Declaration for Mississippi

    President Donald J

    Trump Approves Major Disaster Declaration for Mississippi

    WASHINGTON — FEMA announced that federal disaster assistance is available to the state of Mississippi to supplement recovery efforts in the areas affected by severe storms, straight-line winds, tornadoes and flooding from March 14-15, 2025

    The President’s action makes federal funding available to affected individuals in Covington, Grenada, Issaquena, Itawamba, Jefferson Davis, Leflore, Marion, Montgomery, Pike, Smith and Walthall counties

    Assistance can include grants for temporary housing and home repairs, low-cost loans to cover uninsured property losses and other programs to help individuals and business owners recover from the effects of the disaster

    Federal funding is also available to state and eligible local governments and certain nonprofit organizations on a cost-sharing basis for emergency work and the repair or replacement of facilities damaged by the severe storms, straight-line winds, tornadoes and flooding in Calhoun, Carroll, Covington, Grenada, Humphreys, Issaquena, Itawamba, Jefferson Davis, Lee, Leflore, Marion, Pike, Prentiss, Sharkey, Smith, Walthall and Washington counties

    E

    Craig Levy, Sr

    has been named the Federal Coordinating Officer for federal recovery operations in the affected areas

    Additional designations may be made at a later date if warranted by the results of further damage assessments

    Individuals and business owners who sustained losses in the designated areas should first file claims with their insurance providers and then apply for assistance by registering online at www

    DisasterAssistance

    gov, by calling 1-800-621-3362 or by using the FEMA App

    If you use a relay service, such as video relay service (VRS), captioned telephone service or others, provide FEMA the number for that service

    amy

    ashbridge
    Fri, 05/23/2025 – 20:17

    MIL OSI USA News

  • MIL-OSI Video: LIVE: POTUS Donald J. Trump and SECDEF Pete Hegseth honor fallen service members

    Source: United States Department of Defense (video statements)

    President Donald J. Trump and Defense Secretary Pete Hegseth honor fallen service members during a #MemorialDay ceremony at @ArlingtonNatl in Arlington, Va. The ceremony is a part of the 157th National Memorial Day Observance to recognize and commemorate the fallen men and women of the U.S. armed forces.

    For more on the Department of Defense, visit: http://www.defense.gov
    —————
    Keep up with the Department of Defense on social media!

    Like the DoD on Facebook: http://facebook.com/DeptofDefense
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    Follow the DoD on LinkedIn: https://www.linkedin.com/company/DeptofDefense

    https://www.youtube.com/watch?v=pVS4PKLmdyg

    MIL OSI Video

  • MIL-OSI USA: Miller-Meeks Bill to Strengthen Veteran Suicide Prevention Passes House

    Source: United States House of Representatives – Representative Mariannette Miller-Meeks’ (IA-02)

    Washington, D.C. – This week, the House of Representatives passed H.R. 1969, the No Wrong Door for Veterans Act, bipartisan legislation introduced by Congresswoman Mariannette Miller-Meeks (IA-01) to expand and improve the Department of Veterans Affairs’ suicide prevention grant program.

    “As a 24-year Army veteran and physician, I’ve seen firsthand how difficult it can be for veterans in crisis to navigate a complicated system when every second counts,” said Miller-Meeks. “The No Wrong Door for Veterans Act ensures that our heroes are never turned away or left without help. It streamlines access, strengthens coordination, and reaffirms our promise to those who served. I’m proud to lead this bipartisan effort—and to say to every veteran: we see you, we hear you, and we will fight for you.”

    “Since House Republicans created the Fox Grant program in 2020, hundreds of organizations in communities across the United States have been able to provide traditional and non-traditional mental health and therapy support services to veterans in need,” said VA Committee Chairman Mike Bost. “I want to thank my friend and our Health subcommittee Chairwoman Dr. Miller-Meeks for her work on the No Wrong Doors for Veterans Act to continue this lifesaving suicide prevention program. This bill also includes provisions to allow disabled veterans to receive prosthetics through VA to enjoy sports and recreational activities,” Chairman Bost continued. “With Dr. Miller-Meeks bill, we would expand mental health and wellness support by ensuring that there is truly no wrong door for veterans and their families to turn to – I look forward to seeing this bill passed in the Senate and signed into law by President Trump soon.”

    The No Wrong Door for Veterans Act reauthorizes the Staff Sergeant Parker Gordon Fox Suicide Prevention Grant Program through 2026 and makes key improvements—requiring local VA coordination, modernizing screening protocols, expanding access to emergent care, and holding grantees accountable.

    Background:

    The Staff Sergeant Parker Gordon Fox Suicide Prevention Grant Program helps community-based organizations deliver life-saving mental health and suicide prevention services to veterans. Congresswoman Miller-Meeks’ No Wrong Door for Veterans Act strengthens this program by closing communication gaps between grantees and VA medical centers, requiring clearer eligibility standards, and extending funding authority.

    Additionally, Miller-Meeks secured inclusion of her Veterans Supporting Prosthetics Opportunities and Recreational Therapy (SPORT) Act, which ensures veterans can access adaptive prostheses and terminal devices for sports and recreational activities—fostering both physical and mental well-being.

    To read the full bill text, click HERE.

    ###

    MIL OSI USA News

  • MIL-OSI USA: Following Deadly Shooting at Capital Jewish Museum, Rep. Sherrill Urges DHS and DOJ to Dedicate Additional Resources to Combat Antisemitic Attacks and Threats

    Source: United States House of Representatives – Congresswoman Mikie Sherrill (NJ-11)

    WASHINGTON, DC — In the wake of the May 21st shooting of two Israeli Embassy staffers outside the Capital Jewish Museum in Washington, D.C., Representative Mikie Sherrill (NJ-11) today sent a letter to Secretary of Homeland Security Noem and Attorney General Bondi urging immediate action and additional federal resources to protect Jewish communities, houses of worship, and nonprofit organizations.

    In her letter, Rep. Sherrill detailed several recent violent antisemitic attacks, including the May 21st shooting, the April 13th arson attack on Pennsylvania Governor Josh Shapiro’s residence following a Passover celebration, and incidents in her New Jersey Congressional District such as the firebombing of Temple Ner Tamid and the vandalism of Oheb Shalom Synagogue.

    The May 21st attack came just one day after the Capital Jewish Museum received a grant from the District of Columbia’s Safe and Secure DC Grant Program to cover the costs of security officers at the museum, highlighting the critical need for additional funding to protect houses of worship and nonprofit organizations.

    “On the night of May 21, 2025, Yaron Lischinsky and Sarah Lynn Milgrim, two staffers from the Israeli Embassy in Washington, DC, were horrifically shot and killed outside the Capital Jewish Museum,” wrote Rep. Sherrill. “While details from the shocking attack are still emerging, the suspect’s antisemitic motivations highlight the threat of violence against Jewish Americans and residents across the United States. This attack was an assault on the core values and ideals of our nation – particularly the right to religious expression and to practice one’s faith without fear of violence – and we must take every effort to prevent it from happening again. In the wake of this violence and yet another devastating antisemitic attack in our country, I write to urge you to dedicate additional resources at the Department of Justice (DOJ) and Department of Homeland Security (DHS) to protect houses of worship and nonprofit organizations and to combat the significant rise in antisemitic attacks and threats nationwide.”

    Read the full letter here or below:

    Dear Secretary Noem and Attorney General Bondi,  

    On the night of May 21, 2025, Yaron Lischinsky and Sarah Lynn Milgrim, two staffers from the Israeli Embassy in Washington, D.C., were horrifically shot and killed outside the Capital Jewish Museum. While details from the shocking attack are still emerging, the suspect’s antisemitic motivations highlight the threat of violence against Jewish Americans and residents across the United States. This attack was an assault on the core values and ideals of our nation – particularly the right to religious expression and to practice one’s faith without fear of violence – and we must take every effort to prevent it from happening again.

    In the wake of this violence and yet another devastating antisemitic attack in our country, I write to urge you to dedicate additional resources at the Department of Justice (DOJ) and Department of Homeland Security (DHS) to protect houses of worship and nonprofit organizations and to combat the significant rise in antisemitic attacks and threats nationwide. Over the past two years, our country has seen a concerning number of high-profile instances of antisemitic violence. It is vital that your departments ensure there are sufficient resources focused on preventing and investigating these violent crimes. Specifically, I ask that you surge funding from your departments to ensure that synagogues, faith-based organizations, and nonprofits have the resources to put necessary security measures in place and that law enforcement is prepared and able to investigate antisemitic violence and other hate crimes across the country.

    In addition to the heinous attack in Washington, on the night of April 13, 2025, an arsonist set fire to the residence of Pennsylvania Governor Josh Shapiro. The fire was reportedly set only hours after Governor Shapiro hosted more than two dozen people commemorating the first night of Passover. The suspected arsonist reportedly sought to kill Governor Shapiro over his stated support for Israel. Such a brazen assault on one of our states’ governors highlights the ever-present risk of antisemitism and violence to all Jewish Americans.

    In my own Congressional District, Jewish houses of worship have come under these same types of hateful, antisemitic attacks. This January, the Oheb Shalom Synagogue in South Orange, New Jersey was vandalized with antisemitic threats. In 2023, Temple Ner Tamid in Bloomfield, New Jersey was firebombed by an individual with a molotov cocktail in a brazen antisemitic attack.

    As antisemitic violence and threats have increased, I remain concerned that synagogues, Jewish faith-based organizations, and nonprofits are under-resourced for the heightened threats that they face. I urge you to take whatever actions you can to ensure that the programs that support these organizations are properly resourced and staffed. One such program, DHS’s Nonprofit Security Grant Program, offsets the cost of physical security enhancements for religious, educational, and nonprofit community institutions, including Jewish organizations. Synagogues and schools have been targeted with vandalism, destruction, and violent attacks by extremists who seek to strike fear into congregations and civil society leaders. This funding will help to keep Americans safe from antisemitic and extremist attacks, and allow communities of faith to practice in peace.

    I also urge you to ensure that initiatives to combat, investigate, and prosecute hate crimes are fully staffed and resourced. As President Trump has slashed budgets and staffing across the Executive Branch – including for the FBI staff who track and combat domestic terrorism – I am concerned that initiatives within your departments meant to combat antisemitism and other hate crimes will be left unable to address the rising threat that we face today. Specifically, it is vital that DOJ maintains its focus on investigating and prosecuting antisemitic violence across the country. However, prosecutions alone will not reduce antisemitic violence across America. For that reason, it is important that the DOJ continues programs designed to research and address hate crimes like antisemitism in our communities. Activities authorized by the Khalid Jabara & Heather Heyer NO HATE Act and the Matthew Shepard James Byrd, Jr. Hate Crimes Prevention Act, as well as the Community Relations Service, Community Approaches to Advancing Justice Grants, and continued research into domestic extremism and radicalization, are vital tools to allow the federal government to combat the rising tide of antisemitic violence. I urge you to maintain and expand funding for these programs.

    Our country faces a crisis of antisemitic violence and threats that show no signs of abating. It is vital that the federal government take urgent action to protect Jewish communities, prosecute perpetrators of antisemitic hate crimes, and support community programs to counter antisemitism. Jewish Americans face the severe threat of antisemitic violence every day, and it is long past time that the U.S. federal government prioritizes their safety. 

    ###

    MIL OSI USA News

  • Trump warns Apple of 25% tariffs if iPhones not made in US

    Source: Government of India

    Source: Government of India (4)

    U.S. President Donald Trump said on Friday that Apple AAPL.Owould have to pay a 25% tariff if phones sold in the country were not made within its borders.

    Shares of Apple dropped 2.5% in premarket trading on Trump’s warning, dragging down U.S. stock index futures lower.

    “I have long ago informed Tim Cook of Apple that I expect their iPhones that will be sold in the United States of America will be manufactured and built in the United States, not India, or anyplace else,” Trump said in a post on Truth Social.

    “If that is not the case, a Tariff of at least 25% must be paid by Apple to the U.S.”

    It is not clear if Trump can levy a tariff on an individual company. Apple did not immediately respond to a Reuters request for comment.

    Apple is positioning India as an alternative manufacturing base amid Trump’s tariffs on China that have raised supply-chain concerns and fears of higher iPhone prices, Reuters reported last month.

    The iPhone maker said most of its smartphones sold in the United States would originate from India in the June quarter.

    (Reuters)

  • MIL-OSI USA: Attorney General Alan Wilson applauds President Trump’s judicial picks, Whitney Hermandorfer nomination for Sixth CircuitRead More

    Source: US State of South Carolina

    (COLUMBIA, S.C.) – South Carolina Attorney General Alan Wilson today praised President Donald Trump for his continued commitment to appointing outstanding jurists to the federal bench, specifically highlighting the nomination of Whitney Hermandorfer to serve on the United States Court of Appeals for the Sixth Circuit. 

    “President Trump is picking judges who follow the Constitution, who know their job is to apply the law—not rewrite it—and who won’t bend to political pressure,” said Attorney General Wilson. “One of the very best is Whitney Hermandorfer. She’s smart, tireless, and principled, and she’s earned national respect for her work defending our freedoms.” 

    Hermandorfer currently serves as Director of Strategic Litigation for the Tennessee Attorney General’s Office, where she has led several landmark legal challenges, including key litigation victories against the Biden Administration.

    Hermandorfer’s professional path includes clerking for Justice Samuel Alito, Justice Amy Coney Barrett, and then-Judge Brett Kavanaugh, further underscoring her exceptional qualifications for the federal appellate bench. 

    “I join my colleagues across the country in urging the Senate to swiftly confirm Whitney Hermandorfer,” Wilson said. “The judiciary—and the American people—will be stronger with her on the bench.” 

    In addition to South Carolina, the letter was also signed by Alabama, Arkansas, Florida, Georgia, Indiana, Iowa, Kansas, Kentucky, Louisiana, Mississippi, Missouri, Montana, Nebraska, New Hampshire, Ohio, Oklahoma, South Dakota, Texas, Utah, Virginia, West Virginia, and Wyoming. 

    You can read the full letter here.

    MIL OSI USA News

  • MIL-OSI Russia: Iran, US begin fifth round of nuclear talks in Rome

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian –

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

    ROME, May 23 (Xinhua) — The fifth round of talks between Iran and the United States to resolve differences over the Islamic Republic’s nuclear program began in the Italian capital Rome on Friday with the mediation of Oman, Iranian media reported.

    The last round of discussions between the two sides took place on May 11 in Oman. As Italian publications note, since then tensions have arisen between Iran and the United States over the issue of uranium enrichment by the Iranian side.

    The administration of US President Donald Trump reportedly sought to halt all uranium enrichment work in Iran, but Tehran rejected the concept of “zero enrichment” and demanded the lifting of economic sanctions.

    Italian Foreign Minister Antonio Tajani told the media that the Italian government “fully supports these mediation efforts.” However, as the diplomat noted, “these are certainly not easy negotiations.” –0–

    MIL OSI Russia News

  • MIL-OSI USA: Gillibrand Statement On GAO Finding That The Trump Administration Violated The Law By Blocking Funding For Electric Vehicle Infrastructure

    US Senate News:

    Source: United States Senator for New York Kirsten Gillibrand

    Today, U.S. Senator Kirsten Gillibrand, ranking member of the Senate Appropriations Subcommittee on Transportation, Housing and Urban Development, released the following statement on the Government Accountability Office’s conclusion that President Trump is violating the Impoundment Control Act of 1974 by illegally withholding funding for the National Electric Vehicle Infrastructure (NEVI) Formula Program:

    “President Trump does not have the right to withhold funds that have already been approved by Congress. This decision affirms that fact. Congress approved the NEVI program with strong bipartisan support when we passed it as part of the Bipartisan Infrastructure Law. Every state, including New York, is guaranteed this funding. Secretary Duffy must obey the law and release the NEVI funding immediately.”

    The Bipartisan Infrastructure Law provided $5 billion in funding from fiscal year 2022 through 2026 for NEVI. The program provides funding to states to strategically create an electric vehicle (EV) charging network, which is critical to meeting new demand from American consumers. A 2024 study projected the U.S. would need 182,000 direct current fast chargers to accommodate the growing EV market—nearly triple the current capacity of just over 55,000. But Secretary Duffy issued a memorandum on February 6, 2025 blocking all new obligations of funding for the program—preventing states from using funds provided by Congress and forcing them to pause or cancel thousands of EV charging projects across America.

    MIL OSI USA News

  • Musk’s DOGE expanding his Grok AI in U.S. government, raising conflict concerns

    Source: Government of India

    Source: Government of India (4)

    Billionaire Elon Musk’s DOGE team is expanding use of his artificial intelligence chatbot Grok in the U.S. federal government to analyze data, said three people familiar with the matter, potentially violating conflict-of-interest laws and putting at risk sensitive information on millions of Americans.

    Such use of Grok could reinforce concerns among privacy advocates and others that Musk’s Department of Government Efficiency team appears to be casting aside long-established protections over the handling of sensitive data as President Donald Trump shakes up the U.S. bureaucracy.

    One of the three people familiar with the matter, who has knowledge of DOGE’s activities, said Musk’s team was using a customized version of the Grok chatbot. The apparent aim was for DOGE to sift through data more efficiently, this person said. “They ask questions, get it to prepare reports, give data analysis.”

    The second and third person said DOGE staff also told Department of Homeland Security officials to use it even though Grok had not been approved within the department.

    Reuters could not determine the specific data that had been fed into the generative AI tool or how the custom system was set up. Grok was developed by xAI, a tech operation that Musk launched in 2023 on his social media platform, X.

    If the data was sensitive or confidential government information, the arrangement could violate security and privacy laws, said five specialists in technology and government ethics.

    It could also give the Tesla and SpaceX CEO access to valuable nonpublic federal contracting data at agencies he privately does business with or be used to help train Grok, a process in which AI models analyze troves of data, the experts said. Musk could also gain an unfair competitive advantage over other AI service providers from use of Grok in the federal government, they added.

    Musk, the White House and xAI did not respond to requests for comment. A Homeland Security spokesperson denied DOGE had pressed DHS staff to use Grok. “DOGE hasn’t pushed any employees to use any particular tools or products,” said the spokesperson, who did not respond to further questions. “DOGE is here to find and fight waste, fraud and abuse.”

    Musk’s xAI, an industry newcomer compared to rivals OpenAI and Anthropic, says on its website that it may monitor Grok users for “specific business purposes.” “AI’s knowledge should be all-encompassing and as far-reaching as possible,” the website says.

    As part of Musk’s stated push to eliminate government waste and inefficiency, the billionaire and his DOGE team have accessed heavily safeguarded federal databases that store personal information on millions of Americans. Experts said that data is typically off limits to all but a handful of officials because of the risk that it could be sold, lost, leaked, violate the privacy of Americans or expose the country to security threats.

    Typically, data sharing within the federal government requires agency authorization and the involvement of government specialists to ensure compliance with privacy, confidentiality and other laws.

    Analyzing sensitive federal data with Grok would mark an important shift in the work of DOGE, a team of software engineers and others connected to Musk. They have overseen the firing of thousands of federal workers, seized control of sensitive data systems and sought to dismantle agencies in the name of combating alleged waste, fraud and abuse.

    “Given the scale of data that DOGE has amassed and given the numerous concerns of porting that data into software like Grok, this to me is about as serious a privacy threat as you get,” said Albert Fox Cahn, executive director of the Surveillance Technology Oversight Project, a nonprofit that advocates for privacy.

    His concerns include the risk that government data will leak back to xAI, a private company, and a lack of clarity over who has access to this custom version of Grok.

    DOGE’s access to federal information could give Grok and xAI an edge over other potential AI contractors looking to provide government services, said Cary Coglianese, an expert on federal regulations and ethics at the University of Pennsylvania. “The company has a financial interest in insisting that their product be used by federal employees,” he said.

    “APPEARANCE OF SELF-DEALING”

    In addition to using Grok for its own analysis of government data, DOGE staff told DHS officials over the last two months to use Grok even though it had not been approved for use at the sprawling agency, said the second and third person. DHS oversees border security, immigration enforcement, cybersecurity and other sensitive national security functions.

    If federal employees are officially given access to Grok for such use, the federal government has to pay Musk’s organization for access, the people said.

    “They were pushing it to be used across the department,” said one of the people.

    Reuters could not independently establish if and how much the federal government would have been charged to use Grok. Reporters also couldn’t determine if DHS workers followed the directive by DOGE staff to use Grok or ignored the request.

    DHS, under the previous Biden administration, created policies last year allowing its staff to use specific AI platforms, including OpenAI’s ChatGPT, the Claude chatbot developed by Anthropic and another AI tool developed by Grammarly. DHS also created an internal DHS chatbot.

    The aim was to make DHS among the first federal agencies to embrace the technology and use generative AI, which can write research reports and carry out other complex tasks in response to prompts. Under the policy, staff could use the commercial bots for non-sensitive, non-confidential data, while DHS’s internal bot could be fed more sensitive data, records posted on DHS’s website show.

    In May, DHS officials abruptly shut down employee access to all commercial AI tools – including ChatGPT – after workers were suspected of improperly using them with sensitive data, said the second and third sources. Instead, staff can still use the internal DHS AI tool. Reuters could not determine whether this prevented DOGE from promoting Grok at DHS.

    DHS did not respond to questions about the matter.

    Musk, the world’s richest person, told investors last month that he would reduce his time with DOGE to a day or two a week starting in May. As a special government employee, he can only serve for 130 days. It’s unclear when that term ends. If he reduces his hours to part time, he could extend his term beyond May. He has said, however, that his DOGE team will continue with their work as he winds down his role at the White House.

    If Musk was directly involved in decisions to use Grok, it could violate a criminal conflict-of-interest statute which bars officials — including special government employees — from participating in matters that could benefit them financially, said Richard Painter, ethics counsel to former Republican President George W. Bush and a University of Minnesota professor.

    “This gives the appearance that DOGE is pressuring agencies to use software to enrich Musk and xAI, and not to the benefit of the American people,” said Painter. The statute is rarely prosecuted but can result in fines or jail time.

    If DOGE staffers were pushing Grok’s use without Musk’s involvement, for instance to ingratiate themselves with the billionaire, that would be ethically problematic but not a violation of the conflict-of-interest statute, said Painter. “We can’t prosecute it, but it would be the job of the White House to prevent it. It gives the appearance of self-dealing.”

    The push to use Grok coincides with a larger DOGE effort led by two staffers on Musk’s team, Kyle Schutt and Edward Coristine, to use AI in the federal bureaucracy, said two other people familiar with DOGE’s operations. Coristine, a 19-year-old who has used the online moniker “Big Balls,” is one of DOGE’s highest-profile members.

    Schutt and Coristine did not respond to requests for comment.

    DOGE staffers have attempted to gain access to DHS employee emails in recent months and ordered staff to train AI to identify communications suggesting an employee is not “loyal” to Trump’s political agenda, the two sources said. Reuters could not establish whether Grok was used for such surveillance.

    In the last few weeks, a group of roughly a dozen workers at a Department of Defense agency were told by a supervisor that an algorithmic tool was monitoring some of their computer activity, according to two additional people briefed on the conversations.

    Reuters also reviewed two separate text message exchanges by people who were directly involved in the conversations. The sources asked that the specific agency not be named out of concern over potential retribution. They were not aware of what tool was being used.

    Using AI to identify the personal political beliefs of employees could violate civil service laws aimed at shielding career civil servants from political interference, said Coglianese, the expert on federal regulations and ethics at the University of Pennsylvania.

    In a statement, the Department of Defense said the department’s DOGE team had not been involved in any network monitoring nor had DOGE been “directed” to use any AI tools, including Grok. “It’s important to note that all government computers are inherently subject to monitoring as part of the standard user agreement,” said Kingsley Wilson, a Pentagon spokesperson.

    (Reuters)

  • MIL-OSI USA: Statement from Governor Josh Stein on FEMA’s Denial of North Carolina’s Reimbursement Request

    Source: US State of North Carolina

    Headline: Statement from Governor Josh Stein on FEMA’s Denial of North Carolina’s Reimbursement Request

    Statement from Governor Josh Stein on FEMA’s Denial of North Carolina’s Reimbursement Request
    lsaito

    Raleigh, NC

    Today Governor Josh Stein released the following statement in reaction to news that FEMA had denied North Carolina’s request for an extension of its 100% cost reimbursement for debris removal: 

    “The first step to help western North Carolina recover is to clean up all the debris. So far, we have removed more than 12 million cubic yards of debris from roads and water ways, but given the immense scale of the wreckage, we have only scratched the surface. FEMA’s denial of our appeal will cost North Carolina taxpayers potentially hundreds of millions of dollars to clean up out west. The money we have to pay toward debris removal will mean less money towards supporting our small businesses, rebuilding downtown infrastructure, repairing our water and sewer systems, and other critical needs.

    “Despite this news, we are going to stay the course. We will keep pushing the federal and state governments to do right by western North Carolina. We will keep working with urgency, focus, and transparency to get any appropriated money on the ground as quickly as we can to speed the recovery. We will not forget the people of western North Carolina.”

    Governor Josh Stein continues to advocate for the Trump administration and the U.S. Congress to send $19 billion to North Carolina for disaster relief – $11.5 billion in new appropriations and $7.5 billion in allocations from previous appropriations. Earlier this week, he released his second state Hurricane Helene budget proposal of $891 million to spur economic recovery, strengthen critical infrastructure, and get people back into their homes.  

    May 23, 2025

    MIL OSI USA News

  • MIL-OSI: Volta Finance Limited – Net Asset Value(s) as at 30 April 2025

    Source: GlobeNewswire (MIL-OSI)

    Volta Finance Limited (VTA / VTAS)
    April 2025 monthly report

    NOT FOR RELEASE, DISTRIBUTION, OR PUBLICATION, IN WHOLE OR PART, IN OR INTO THE UNITED STATES

    Guernsey, May 23rd, 2025

    AXA IM has published the Volta Finance Limited (the “Company” or “Volta Finance” or “Volta”) monthly report for April 2025. The full report is attached to this release and will be available on Volta’s website shortly (www.voltafinance.com).

    Performance and Portfolio Activity

    Dear Investors,

    Volta Finance’s net performance for the month of April was negative -2.4%, taking the Aug 2024-to-date performance to +7.1%. Both our investments in CLO Debt and CLO Equity have experienced volatility post-liberation day, reflected in the valuation of the underlying assets of the fund.

    April was dominated by highly volatile markets driven by a confluence of macroeconomic and geopolitical events. On April 2, 2025, President Trump announced aggressive tariff policies aimed at addressing trade imbalances and bolstering U.S. economic sovereignty. Key measures included a 10% baseline tariff on all countries, with higher reciprocal tariffs on countries with significant trade deficits. These tariffs prompted swift responses from trading partners, notably escalating tensions with China, leading the U.S. to further increase tariffs on Chinese products to 145%.

    These announcements triggered immediate market reactions, causing U.S. and European stock indices to experience sharp declines amid fears of disrupted supply chains and higher costs. Markets partially recovered by month’s end as the Trump administration declared a 90-day tariffs pause on all countries that did not retaliate. From a macroeconomic perspective, sentiment was mixed. The April U.S. jobs report indicated resilience, with 177,000 jobs added—surpassing expectations—and the unemployment rate holding steady at 4.2%. However, GDP data painted a less optimistic picture, with a -0.3% annualized contraction in Q1 2025, sharply down from the previous quarter’s 2.4% growth. Increased imports and reduced government spending drove this decline, prompting the IMF to revise recession risks upward from 25% to 40%, while the Federal Reserve lowered its 2025 GDP growth forecast to 1.7%. In Europe, the ECB cut interest rates by 25 basis points to 2.25% amid weakening growth prospects and tariff-related uncertainties, also revising the bloc’s 2025 growth forecast down to 0.9% from 1.1%.

    Market-wise, the European High Yield index (Xover) closed around 40bps wider while Euro Loans lost 1pt at 97.80px (Morningstar European Leveraged Loan Index). US Loans were down as well (-85cts) at 96.30px. Primary CLO markets remained busy as many transactions had secured orders, while levels moved wider across the capital structure, notably with BBs north of +600bps and single-Bs above +900bps. In terms of performance, CLO BB tranches total returns reached -1.5%. This is to be put in perspective with US High Yield returning -1.07% in the same period and Euro High Yield -1%.

    In terms of defaults, Liability Management Exercises (aka ‘LME’) are now the norm in the US market. Default rate in the US is standing at c.4.3% (0.8% excluding LME) according to Morningstar LL Index while the default rate in Europe is kept at 0.3% at the end of March in terms of principal amount. This is resulting into some par erosion and some pressure on CCC headroom for amortizing CLO.

    In front of these uncertainties, we decided to increase our cash up to c.16% of NAV at the end of the month through active management in addition to strong CLO Equity distributions: we received €7.5m coming from called CLO Equities, sold European CLO single B and redeemed US CLO debt. At the opposite, we invested into our US and European CLO warehouses €1.9m to buy loans at a discount and €2.3m into CLO debt tranches. In addition, Volta Finance’s cashflow generation remained stable at €28.5m equivalent of interests and coupons over the last six months, representing close to 22% of April’s NAV on an annualized basis.

    Over the month, Volta’s CLO Equity tranches returned -3.6%** while CLO Debt tranches returned -0.9% performance**. This performance is consistent – although better – with the total returns of the product as mentioned above, especially when considering that Volta Finance is exposed to both BB and single-B tranches.

    Through the month, the dollar volatility had again a meaningful impact on the overall funds’ performance (-0.64%). In the second half of the month, considering the potential change into the long-term investor view on the dollar, we decided to lower our exposure to USD to avoid further weakening and decreased our exposure to c.12%.

    As of end of April 2025, Volta’s NAV was €262.9m, i.e. €7.19 per share.

    *It should be noted that approximately 4.24% of Volta’s GAV comprises investments for which the relevant NAVs as at the month-end date are normally available only after Volta’s NAV has already been published. Volta’s policy is to publish its NAV on as timely a basis as possible to provide shareholders with Volta’s appropriately up-to-date NAV information. Consequently, such investments are valued using the most recently available NAV for each fund or quoted price for such subordinated notes. The most recently available fund NAV or quoted price was 4.24% as at 31 March 2025.

    ** “performances” of asset classes are calculated as the Dietz-performance of the assets in each bucket, taking into account the Mark-to-Market of the assets at period ends, payments received from the assets over the period, and ignoring changes in cross-currency rates. Nevertheless, some residual currency effects could impact the aggregate value of the portfolio when aggregating each bucket.

    CONTACTS

    For the Investment Manager
    AXA Investment Managers Paris
    François Touati
    francois.touati@axa-im.com
    +33 (0) 1 44 45 80 22

    Olivier Pons
    Olivier.pons@axa-im.com
    +33 (0) 1 44 45 87 30

    Company Secretary and Administrator
    BNP Paribas S.A, Guernsey Branch
    guernsey.bp2s.volta.cosec@bnpparibas.com 
    +44 (0) 1481 750 853

    Corporate Broker
    Cavendish Securities plc
    Andrew Worne
    Daniel Balabanoff
    +44 (0) 20 7397 8900

    *****
    ABOUT VOLTA FINANCE LIMITED

    Volta Finance Limited is incorporated in Guernsey under The Companies (Guernsey) Law, 2008 (as amended) and listed on Euronext Amsterdam and the London Stock Exchange’s Main Market for listed securities. Volta’s home member state for the purposes of the EU Transparency Directive is the Netherlands. As such, Volta is subject to regulation and supervision by the AFM, being the regulator for financial markets in the Netherlands.

    Volta’s Investment objectives are to preserve its capital across the credit cycle and to provide a stable stream of income to its Shareholders through dividends that it expects to distribute on a quarterly basis. The Company currently seeks to achieve its investment objectives by pursuing exposure predominantly to CLO’s and similar asset classes. A more diversified investment strategy across structured finance assets may be pursued opportunistically. The Company has appointed AXA Investment Managers Paris an investment management company with a division specialised in structured credit, for the investment management of all its assets.

    *****

    ABOUT AXA INVESTMENT MANAGERS
    AXA Investment Managers (AXA IM) is a multi-expert asset management company within the AXA Group, a global leader in financial protection and wealth management. AXA IM is one of the largest European-based asset managers with 2,800 professionals and €859 billion in assets under management as of the end of June 2024.  

    *****

    This press release is published by AXA Investment Managers Paris (“AXA IM”), in its capacity as alternative investment fund manager (within the meaning of Directive 2011/61/EU, the “AIFM Directive”) of Volta Finance Limited (the “Volta Finance”) whose portfolio is managed by AXA IM.

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    Editor: AXA INVESTMENT MANAGERS PARIS, a company incorporated under the laws of France, having its registered office located at Tour Majunga, 6, Place de la Pyramide – 92800 Puteaux. AXA IMP is authorized by the Autorité des Marchés Financiers under registration number GP92008 as an alternative investment fund manager within the meaning of the AIFM Directive.

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    The MIL Network

  • MIL-OSI USA: Hear from the Health Experts About the Human Harm of HHS’ Mass Terminations 

    US Senate News:

    Source: United States Senator Peter Welch (D-Vermont)
    WASHINGTON, D.C. — U.S. Senators Peter Welch (D-Vt.) and Tammy Baldwin (D-Wis.) this week held a two-day spotlight forum, entitled “Trump’s Destruction of HHS: Mass Firings, Reorganization, and the Human Harm Caused.”  The forum examined the human harm caused by the Trump Administration’s sweeping reorganization and mass terminations at the Department of Health and Human Services (HHS).  
    Watch the forums on Senator Welch’s YouTube. 
    Tuesday’s forum featured testimony from Dr. Robert Califf, the former Commissioner of the Food and Drug Administration (FDA); Dr. Meg Sullivan, the former Acting Secretary for Administration for Children and Families (ACF); Ms. Chiquita Brooks La-Sure, the former Administrator of the Centers for Medicare and Medicaid Services (CMS); and Ms. Carole Johnson, the former Administrator of the Health Resources and Services Administration (HRSA).  
    Wednesday’s forum featured Dr. Anne Schuchat, the former Principal Deputy Director, Center for Disease Control and Prevention (CDC); Ms. Trina Dutta, the former Chief of Staff, Substance Abuse and Mental Health Services Administration (SAMHSA); Dr. Sean Bruna, the former Senior Advisor, Agency for Healthcare Research and Quality (AHRQ); Professor Alison Barkoff, the former Administrator for Administration for Community Living (ACL); and Dr. Jeremy Berg – former Director of the National Institute of General Medical Sciences at NIH.  
    Watch the livestreams of the hearings below, and hear directly from the health experts: 
    “The multiple rounds of firings that have occurred have had a significant impact on both the physical ability of the FDA to do its work and the morale of the organization…It’s hard for me to imagine a more effective approach to demoralizing a workforce. The bottom line is that the firings have left the FDA with not enough people to do the work, and we lost so many of the most experienced people that making the most complex judgements needed in the day-to-day work of the agency and multiple-regulated industries,” said Dr. Robert Califf, Former Commissioner of the U.S. Food and Drug Agency (FDA). “These issues are leading to, first: many of aspects of the industry looking to go overseas to develop their products. And perhaps, most importantly—China is now emboldened to overtake the United States in the infrastructure needed for this vital part of our public health and the economy,” 
    “Gutting the staff that administer ACF programs will make children, families, and communities suffer. In addition, when the programs are cut or disappear, everyone feels the impact and longer wait lists, fewer providers, and local organizations stretched to the breaking point,” said Dr. Meg Sullivan, Former Acting Assistant Secretary of the Administration for Children and Families (ACF), U.S. Department of Health and Human Services (HHS). “ACF programs, including those not mentioned just now, support the services communities rely on in every corner of America. They can be the difference for your child care center staying open, your local diaper bank having supplies, meal delivery for older adults, or for a child remaining safely at home. We should be investing in our children and families, but firing child well-being experts at ACF and proposing senseless cuts will unquestionably cause them harm.” 
    “The current proposals drown both Medicaid and ACA Marketplace in excessive red tape that will hurt everyone—including seniors, mothers, children, those with disabilities, and it will cause more uncertainty, more churn, and more people delaying lifesaving treatments,” said Chiquita Brooks-LaSure, Former Administrator of the Centers for Medicare and Medicaid Services. “The proposals in the House Reconciliation bill that target both Medicaid and the Marketplace seek to undermine the very progress that the Affordable Care Act sought to achieve in making our health care system more affordable and accessible to everyone regardless of their income or health care needs. The bill aims to increase friction in the health care system for enrollees and does so at the same time that many of the staff, who could help reduce this friction, were fired. These changes not only hurt the millions of people that rely on those programs, but our providers and, in fact, our entire health care system.” 
    “Rather than strengthen this essential safety net, the Administration is prioritizing dismantling it. The Administration has already slashed health center program staffing, put the widely acclaimed pediatrician who oversaw maternal and child health programs on leave, fired the transplant surgeon recruited to help reform the nation’s transplant system, and eliminated entire offices that are essential to any organization — like HR and communications,” said Carole Johnson, Former Administrator of the Health Resources and Services Administration (HRSA). “If the current Administration follows through on its plans, HRSA will cease to exist and the families and communities in your states that most depend on this help will lose it just as the majority looks to make it harder for them to get and keep Medicaid coverage. The safety net may never have been more fragile than it is at this moment.” 
    “The cuts are dangerous for the American public. You, your families and communities are less safe. If you are pregnant, your risk of dying after you deliver will be higher because the Perinatal Quality Collaborative was cut and the pregnancy risk factor assessment monitoring system, or PRAMS was also eliminated. If you have a toddler, they’ll have a higher chance of losing IQ points to lead poisoning because CDC’s lead poisoning program was canceled. Last year, more than 500 children were affected by lead contamination of cinnamon flavored applesauce and CDC led the response. Next year there will be no one to call,” said Dr. Anne Schuchat, Former Principal Deputy Director of the Center for Disease Control and Prevention (CDC). 
    “Proposed cuts of more than $1 billion threaten to stymie progress just as we’re seeing real, measurable results. Such cuts to SAMHSA’s discretionary grant portfolio will impact on-the-ground programs that serve millions of Americans. SAMHSA’s discretionary grants serve as a powerful innovation engine, which have allowed the government to scale up interventions like coordinated specialty care for first episode psychosis, peer support services, and crisis care. Cuts to programs like those that support pregnant and postpartum women with substance use disorder, that foster mental health awareness training, and that promote the wellness of young children, would force states to use their block grant dollars to pick up the slack. And at a time when looming Medicaid cuts will put even more pressure on those block grants, communities will be left in a precarious position as they address their mental health and substance use disorder needs,” said Trina Dutta, Former Chief of Staff of the Substance Abuse and Mental Health Services Administration (SAMHSA). 
    “Dismantling AHRQ will have nationwide consequences. It weakens evidence-based care. It hinders health care from addressing emerging threats and dismantles grant programs that support current research and the training of future researchers. It eliminates mandatory funding from the Patient-Centered Outcomes Research Trust Fund, requiring an Affordable Care Act amendment, and strips vital tools from state and local health systems working to improve care. In short, the two applied science strands that facilitate medical progress and aid in implementing scientific innovations in our healthcare systems would be lost,” said Dr. Sean Bruna, Former Senior Advisor to the director of the Agency for Healthcare Research and Quality (AHRQ).  
    “Dismantling the Administration for Community Living and cutting its programs will devastate the tens of millions of older adults and disabled people who rely on them to stay in their own homes and communities,” said Alison Barkoff, a George Washington University professor who led ACL during the Biden Administration. “Cuts to ACL’s programs will force people into institutions like nursing homes, taking away their independence and increasing costs to programs like Medicaid and Medicare.”       
     “I can summarize the consequences of these terminations in one word: delay…Termination of grants management specialists may make it even harder and will affect all aspects of the NIH mission. The most time-sensitive component of NIH are clinical trials…A delay of a month or two might not seem like a lot, but many of the patients in these trials don’t have many months left. These treatments represent a chance for a strong, favorable outcome for individual patients and an opportunity for researchers to learn how to make these treatments work better in the future. I honestly cannot imagine how frustrating it must be for these patients and their loved ones,” said Dr. Jeremy Berg, Former Director of the National Institute of General Medical Sciences at NIH. “The number of research subjects and patients at the clinical center is down apparently by 30% or more. This prevents patients from receiving care, slows research, and is a colossal waste of resources for the world’s greatest research hospital. That this is all being done in the name of ‘efficiency’ would make George Orwell blush.” 

    MIL OSI USA News

  • MIL-OSI USA: As Trump Administration Plans to Drop Criminal Charges Against Boeing, Warren and Blumenthal Call for Accountability of Boeing Executives

    US Senate News:

    Source: United States Senator for Massachusetts – Elizabeth Warren
    May 23, 2025
    “Any deal between DOJ and Boeing that would allow the company and its executives to avoid accountability would be a serious mistake”
    Text of Letter (PDF)
    Washington, D.C. — U.S. Senators Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, and Richard Blumenthal (D-Conn.), Ranking Member of the Senate Homeland Security and Governmental Affairs Permanent Subcommittee on Investigations, wrote to Attorney General Pam Bondi, calling on the Department of Justice to hold Boeing and any responsible executives accountable for their role in the 2018 Lion Air and the 2019 Ethiopian Airlines crashes, which killed a total of 346 passengers. Boeing had previously agreed to plead guilty to criminal fraud in connection to the plane crashes, but recent reporting suggests the company is backtracking on its agreement in an attempt to receive more lenient treatment under the Trump administration. Now, DOJ appears to be preparing to drop the pending criminal charge against Boeing, signing a non-prosecution agreement..
    “We urge you not to sign a non-prosecution agreement with Boeing, and to instead hold the company, and its executives, to account for the consequences of their actions,” wrote the senators. 
    In both the Lion Air and Ethiopian Airlines crashes, the Maneuvering Characteristics Augmentation System (MCAS) flight control software installed on the aircraft, was found to have unexpectedly and forcefully pushed the aircraft’s nose down preceding the crashes. Boeing has admitted to criminally conspiring to defraud the federal government about MCAS in the course of the 737 MAX’s certification.
    Even as Boeing executives have promised to improve safety at Boeing, serious safety problems have persisted at the company. Last year, a door plug blew out of Alaska Airlines Flight 1282, a Boeing 737 MAX. A preliminary report indicates that the aircraft was delivered from Boeing’s factory without the key bolts that hold the door plug in place. Following the incident, an audit by the Federal Aviation Administration (FAA) of Boeing’s 737 MAX production line found “systemic” safety issues including failures in 33 of the 89 safety tests it conducted.
    “The series of safety incidents and warnings from whistleblowers and regulators all point to one troubling conclusion—that manufacturing errors and defects in Boeing aircraft are not one-offs. They appear to be a product of its broken safety culture across multiple manufacturing sites—an atmosphere that prioritizes speed of production and short-term profit over quality and safety,” wrote the senators. 
    Even as these safety issues persist, Boeing executives have continued to squeeze profits out of the company to pay for their exorbitant salaries. Since the two Boeing 737 MAX crashes that resulted in the deaths of 346 people, Boeing executives have received over $377 million in pay and bonuses. Just days before DOJ told the court that it is considering a non-prosecution agreement, Boeing’s CEO appeared in Qatar with President Trump to announce that Qatar Airways had placed an order for 160 Boeing jets.
    “Senior Boeing executives have consistently failed to take responsibility or face meaningful repercussions for wrongdoing, and the agreement that is reportedly under discussion would increase the odds that they are ever forced to do so…Any deal between DOJ and Boeing that would allow the company and its executives to avoid accountability would be a serious mistake,” said the senators. 
    The lawmakers demanded that the DOJ not sign the non-prosecution agreement and instead ensure that both the company and its executives are held accountable if they are found to have violated federal laws or regulations. 
    Senator Warren has led calls to hold Boeing accountable for its safety failures, and has pushed for greater corporate and executive accountability: 
    In October 2024, Senators Elizabeth Warren and Richard Blumenthal wrote to Attorney General Merrick Garland and Deputy Attorney General Lisa Monaco, urging the Department of Justice to investigate Boeing executives following years of promoting short-term profit over passenger safety.
    In October 2023, Senator Warren sent a letter to Attorney General Merrick Garland and Deputy Attorney General Lisa Monaco, calling on the DOJ to immediately reverse its newly unveiled “safe harbor” policy that would provide a get-out-of-jail-free card for mergers involving corporate white-collar criminals.
    In August 2022, Senators Warren and Ben Ray Luján (D-N.M.) sent a letter to Attorney General Garland and Deputy Attorney General Monaco urging DOJ to use its authority to ban corporations that commit misconduct from government contracting.
    In May 2019, Senator Warren and Representative Pramila Jayapal (D-Wash.) released a new report: Rigged Justice 2.0: Government of the Billionaires, by the Billionaires, and for the Billionaires. The report is the second in a series on the failure of the federal government to hold corporate and white-collar criminals accountable and highlights how enforcement hit a 20-year low under the Trump administration.
    In April 2019, Senator Elizabeth Warren wrote to then-Transportation Secretary Elaine Chao and Acting Administrator of the Federal Aviation Administration Dan Ewell urging them to enact strong ethics policies to ensure that the Special Committee tasked with reviewing the FAA’s Aircraft certification process is free from all conflicts of interest and undue insider influence.

    MIL OSI USA News

  • MIL-OSI USA: Warren Presses Social Security Head on Broken Staffing Promises

    US Senate News:

    Source: United States Senator for Massachusetts – Elizabeth Warren
    May 23, 2025
    Sen. Warren secured commitment under oath from SSA Commissioner Frank Bisignano to maintain sufficient staffing levels to avoid service, benefit disruptions
    Recent reporting revealed SSA unable to get recipients on time due to inadequate staffing levels
    “I asked you during your nomination hearing to commit to keeping enough SSA staff to ensure that Americans get their Social Security checks, and that they get them on time. You made this commitment, and I promised I would hold you to it.”
    Text of Letter (PDF)
    Washington, D.C. – U.S. Senator Elizabeth Warren (D-Mass.) wrote to Social Security Administration (SSA) Commissioner Frank Bisignano, pressing him on his broken promises to keep Social Security staffing levels to adequately serve Americans. During Bisignano’s confirmation hearing, Sen. Warren secured a commitment from him to maintain sufficient staffing levels such that Americans’ Social Security services and benefits are not disrupted. New reporting indicates that — just two weeks into the job — Bisignano is failing to uphold his promise.
    “Commissioner, you ‘commit(ed) to have the right staffing to get the job done,’ but it is already becoming clear that current staffing levels are not, in fact, getting the job done. Staff shortages mean longer waits, more mistakes, and more instances in which hard-working Americans wait for weeks or months to get the benefits to which they are entitled. As a practical matter, this is a benefits cut,” wrote Senator Warren.
    Since the start of his administration, Donald Trump, Elon Musk, and DOGE have worked to dismantle the Social Security Administration — including closing offices, reducing phone services, and making website changes that have led to recurring service outages. In February, SSA announced plans to cut roughly 7,000 employees — nearly 12% of SSA’s total workforce. Other reports indicate that SSA considered cutting up to 50% of staff.
    “In light of these developments, I asked you during your nomination hearing to commit to keeping enough SSA staff to ensure that Americans get their Social Security checks, and that they get them on time. You made this commitment, and I promised I would hold you to it,” wrote Senator Warren.
    Just two weeks into Bisignano’s tenure as head of Social Security, SSA has a massive backlog of benefit claims. A recent email from SSA leadership to all operations department employees noted that there are nearly 575,000 pending claims, with a growing backlog. Roughly 140,000 of those claims are over 60 days old, and recently obtained internal documents reported that DOGE had slowed benefit claim processing by 25%. SSA leadership directed employees tasked with reviewing these claims — already overworked as a result of DOGE’s mass firings — to “sprint” to increase their pace by 10%.
    “SSA is already struggling to get Americans their benefits, and I am concerned that these staffing cuts are just the beginning,” wrote Senator Warren. “Just a few weeks ago, then-Acting Commissioner Leland Dudek instructed staff to remove civil service protections for thousands of frontline SSA employees, laying the groundwork for further layoffs and staffing cuts. This includes employees who review benefit claims—the same ones who have since been asked to “sprint” to make up for staffing shortages.”
    In a recent unscripted speech to SSA staffers, Bisignano entertained further layoffs: “If I wake up and find out we can do all our work with 20,000 people — which I can’t see that right now — we’ll be 20,000…”.
    Senator Warren led the launch of Senate Democrats’ Social Security War Room, a coordinated effort to fight back against the Trump administration’s attack on Americans’ Social Security. The War Room coordinates messaging across the Senate Democratic Caucus and external stakeholders; encourages grassroots engagement by providing opportunities for Americans to share what Social Security means to them; and educates Senate staff, the American public, and stakeholders about Republicans’ agenda and their continued cuts to Americans’ Social Security services and benefits.

    MIL OSI USA News

  • MIL-OSI Global: Russia is facing fresh sanctions, but Putin is used to dealing with a struggling economy

    Source: The Conversation – UK – By Yerzhan Tokbolat, Lecturer in Finance, Queen’s University Belfast

    The UK and the EU have agreed to hit Russia with a raft of new economic sanctions after hopes of a ceasefire with Ukraine came to nothing. One French minister commented that it is time to “suffocate” the Russian economy.

    Since the country’s fullscale invasion of Ukraine in 2022, that economy has certainly suffered. Sanctions on Russia have already led to a depreciation of the rouble, high inflation, very high interest rates and a stagnating economy.

    But it remains unclear what effect any new measures will have. And Vladimir Putin has a history of riding out economic hardship.

    When he became president of Russia just over 25 years ago, the country’s economy was in dire straits. Attempts by his predecessors Mikhail Gorbachev and Boris Yeltsin to build a more open and capitalist system had not worked well for most Russian citizens.

    Instead, a rapid wave of privatisations, which reformers hoped would build strong institutions, had mostly benefited a small group of oligarchs who exploited a weak and corrupt state to seize key oil, gas and mineral assets.

    Those oligarchs resisted legal reform, moved wealth abroad, failed to invest in the domestic economy, and gradually gained control of major corporations and media, expanding their political influence. By 1995, nearly half of Russians were living in poverty.

    The 1998 crisis worsened the situation, as a global recession and falling commodity prices led to fiscal imbalances and doubts about Russia’s ability to service its debt and uphold the fixed exchange rate. The central bank raised interest rates to 150% to try and stabilise the rouble, but this failed.

    It eventually allowed the rouble to float, and the currency lost about two-thirds of its value. When he came to power in 2000, Putin was then confronted with the challenge of rebuilding the Russian economy.

    Luckily for him, between 2000 and 2008, an oil and gas boom drove GDP growth, increasing incomes, and allowing for early repayment of national debts. Putin – and national pride – received a boost.

    Rising energy revenues helped stabilise the economy and enabled the state to tighten its grip on the energy sector. By 2006, Gazprom accounted for 20% of government tax revenue.

    Putin then shifted his focus to Europe. With German support, the Nord Stream pipeline was completed in 2011, enabling direct gas exports to western Europe while bypassing Ukraine. This increased European dependence on Russian energy.

    But Putin’s oil and gas-driven economic model struggled to sustain growth, and by 2013, his approval ratings had fallen to their lowest point since 2000.

    The annexation of Crimea in 2014, along with a very expensive Winter Olympics in the Black Sea resort city of Sochi, temporarily boosted his popularity.

    Running on empty

    However, these accomplishments did little to address Russia’s core economic problems, particularly its failure to build a diversified economy.

    By 2018, Russia’s economy was again stagnant, with a weak currency and declining living standards, and Putin’s popularity fell in part due to unpopular budget-saving reforms, including raising the retirement age.

    There was widespread doubt about Putin’s model of lasting prosperity, which relied on state-led growth, but was marked by instability, resource dependence and growing geopolitical ambition.

    In this light, Putin’s full-scale invasion of Ukraine in 2022 appeared to be a familiar tactic to boost support. Indeed, his approval jumped to 83% after invading Ukraine, matching levels seen after the 2014 Crimea annexation. His ratings have remained high since, with recent polls still showing approval levels above 80%.

    But the Russian economy will still be a worry. Sustaining a “war economy”, where manufacturing and investment are focused on conflict cannot go on forever, particularly as the manufacturing product is being rapidly depleted as the Russian military uses it the field. And reliance on commodities has amplified the impact of sanctions, hitting key banks and energy firms such as Gazprom and Rosneft.

    Meanwhile, the US has significantly expanded its presence in Europe’s energy market, supplying nearly 50% of the EU’s liquid natural gas imports after tripling exports between 2021 and 2023.

    Major Russian pipeline projects such as Nord Stream 2 and Power of Siberia 2 remain in limbo. And the decline in oil prices in April 2025, the biggest since November 2021, poses further risks.

    If a ceasefire is agreed, a pause in the war could offer Russia the chance to regroup and recover economically. Sanctions are often temporary, and global demand for oil and gas remains strong. Some countries may re-engage in trade.

    But future economic stagnation could once again fuel aggression. Unless Russia undertakes structural reforms and redefines its role in the global economy by reducing reliance on resource exports and engaging more constructively with global markets, the cycle of confrontation may repeat itself, with far-reaching global consequences.

    The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    ref. Russia is facing fresh sanctions, but Putin is used to dealing with a struggling economy – https://theconversation.com/russia-is-facing-fresh-sanctions-but-putin-is-used-to-dealing-with-a-struggling-economy-255732

    MIL OSI – Global Reports