Category: Politics

  • Markets decline over 1% on profit booking after record rally

    Source: Government of India

    Source: Government of India (4)

    The Indian stock markets declined on Tuesday as investors opted to book profits following a sharp rally in the previous session. Concerns over the progress of US-China trade talks also contributed to the cautious sentiment, pulling down the benchmark indices after their best performance in over four years.

    The BSE Sensex closed 1,281.68 points, or 1.5 per cent, lower at 81,148.22. The NSE Nifty also slipped, ending the day at 24,578.35, down 346.35 points or 1.39 per cent. The correction came a day after markets soared nearly 4 per cent on easing geopolitical tensions between India and Pakistan. Analysts noted that much of Monday’s gains were driven by short covering, leading to profit booking on Tuesday.

    Despite the weakness in headline indices, broader market indices managed to hold firm. The BSE Midcap index edged up 0.17 per cent, while the BSE Smallcap index rose 0.99 per cent, suggesting some resilience in mid- and small-cap stocks.

    Sectoral performance, however, was mixed. Major indices such as Nifty Auto, Financial Services, FMCG, and IT ended with losses of over 1 per cent. Other segments including Nifty Bank, Metal, Oil and Gas, Realty, and Consumer Durables also ended lower. In contrast, indices tracking PSU banks, media, pharma, and healthcare sectors posted gains, with the Nifty PSU Bank index rising as much as 1.66 per cent.

    Among the Sensex constituents, Infosys was the top laggard, falling 3.57 per cent. Eternal, Power Grid, HCL Technologies and TCS also registered losses ranging between 2.88 per cent and 3.4 per cent. On the other hand, Sun Pharmaceutical, Adani Ports, Bajaj Finance, State Bank of India and Tech Mahindra closed with modest gains of up to 1 per cent.

    Market volatility eased slightly, with the India VIX dipping 1.05 per cent to 18.20. Analysts noted that geopolitical uncertainties remained on investors’ radar, with the fragile ceasefire between India and Pakistan keeping participants cautious.

    “Geopolitical tensions remained in focus as market participants monitored the fragile ceasefire between India and Pakistan, adding to the cautious sentiment,” said Sundar Kewat of Ashika Institutional Equity.

    Ajit Mishra, SVP at Religare Broking Ltd, said the decline reflected a sense of caution despite stable global cues and easing regional tensions. “However, we expect the overall tone to remain positive, given the noticeable support in the 24,400–24,600 zone. The focus should remain on identifying key sectors and themes showing relative strength and using intermediate pauses to accumulate quality stocks,” he added.

    — IANS

  • IWAI opens office in Srinagar, launches river navigation projects in Jammu and Kashmir

    Source: Government of India

    Source: Government of India (4)

    The Inland Waterways Authority of India (IWAI), functioning under the Ministry of Ports, Shipping and Waterways, has established a new office in Srinagar as part of efforts to boost inland water transport infrastructure in Jammu and Kashmir. The office, located at Transport Bhawan in Srinagar, has been provided by the Jammu and Kashmir government and became operational on Tuesday.
     
    The Srinagar office will serve as the central hub for IWAI’s activities in the Union Territory, overseeing the development of river navigation infrastructure across the region. To this end, the Authority has signed a Memorandum of Understanding with the Jammu and Kashmir administration to undertake projects across three declared national waterways—NW-26 (River Chenab), NW-49 (River Jhelum), and NW-84 (River Ravi).
     
    Development works planned under the agreement include the installation of floating jetties at ten locations across the Union Territory, dredging of riverbeds to create navigable fairways, provision of night navigation aids, and the conduct of regular hydrographic surveys to ensure safe vessel movement.
     
    The initiative is part of a broader national strategy to tap into the potential of inland waterways as a sustainable mode of transport and economic driver. Under the leadership of Prime Minister Narendra Modi and the guidance of the Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal, IWAI has been implementing various projects to enhance inland navigation across India.
     
    Officials said that the collaboration between IWAI and the Jammu and Kashmir administration is expected to open up new avenues for eco-tourism and economic development in the region by improving connectivity and reducing logistical costs.
  • MIL-OSI USA: Markey, Clark, Pressley Condemn Termination of Federal Grants to Harvard University

    US Senate News:

    Source: United States Senator for Massachusetts Ed Markey
    Washington (May 13, 2025) – Senator Edward J. Markey (D-Mass.), a member of the Health, Education, Labor, and Pensions Committee, along with Democratic Whip Katherine Clark (MA-05) and Representative Ayanna Pressley (MA-07), today condemned the Trump Administration’s cancelation of $450 million in federal grants to Harvard University, including all grants from the National Science Foundation. In fiscal year 2024, Harvard University received $56 million in National Science Foundation grants. This announcement is the next in a series of illegal and authoritarian Trump administration attacks on Harvard, including freezing $2.2 billion of federal funding and blocking all future research grants to Harvard.
    “Yet again, the Trump administration is flouting the Constitution and laws passed by Congress in an authoritarian attempt to intimidate Harvard University into complying with its political demands. The Trump administration is demonstrating astonishing disregard for not only the students, faculty, and staff that these cuts impact, but also for the general public who benefit from scientific breakthroughs and the global standing of the United States. This is a blatant and condemnable strike against freedom, and we stand by Harvard University in their fight against authoritarian overreach by Trump.”

    MIL OSI USA News

  • MIL-OSI USA: Booker, Warren, Nadler Press Pepsi on Potentially Illegal Price Discrimination Against Small, Independently-Owned Grocery Stores

    US Senate News:

    Source: United States Senator for New Jersey Cory Booker
    WASHINGTON, D.C. — Today, U.S. Senators Cory Booker (D-NJ) and Elizabeth Warren (D-MA), along with U.S. Representative Jerry Nadler (D-NY), wrote to Ramon Laguarta, CEO of PepsiCo, Inc. (Pepsi) demanding an explanation for the company’s potentially illegal price discrimination against small and independent grocery stores. The lawmakers are the top Democrats on the Senate Judiciary Subcommittee on Antitrust, Competition Policy, and Consumer Rights, Senate Committee on Banking, Housing, and Urban Affairs, and House Judiciary Subcommittee on the Administrate State, Regulatory Reform, and Antitrust, respectively. 
    In recent months, Pepsi has faced legal action from convenience stores and the Federal Trade Commission (FTC), a government regulator responsible for enforcing federal consumer protection laws and antitrust laws. In January 2025, the FTC sued Pepsi, accusing it of violating the Robinson-Patman Act (RPA), which prohibits sellers from engaging in anticompetitive price discrimination. The FTC claimed that for years, Pepsi has disadvantaged retailers – including local convenience stores – by consistently giving benefits and advantages, such as promotional payments, to a big-box store, while denying those same benefits to the store’s competitors.
    In February 2025, two small, family-owned convenience stores accused Pepsi and its subsidiary Frito-Lay of violating the RPA, claiming the corporation charged independent retailers more “for identical bags of snack chips” compared to what it charged chain stores. The plaintiffs claimed they were charged as much as 50 percent more for those goods, and that the “discriminatory pricing” forced them to pass on the higher costs to consumers. 
    “The Robinson-Patman Act is an important tool for the FTC to combat illegal price discrimination and concentration, and to provide a level playing field to all businesses…Charging discriminatory, high prices to smaller, independent retailers harms those retailers’ ability to compete, and often forces consumers to endure unfair price increases,” wrote the lawmakers. 
    The RPA forbids sellers from charging competing buyers different prices for the same goods when the price discrimination may lessen or harm competition. The law also prohibits special promotional payments, discounts, rebates, allowances, or services to one buyer unless they are made available to all competing buyers.
    “As food prices remain sky-high, the FTC should continue to enforce the RPA to promote fair competition in the food industry,” urged the lawmakers. 
    The bicameral coalition asked Pepsi to explain, by May 25, 2025, its pricing strategies, any discrepancies between what it charges chain retailers and small, independent retailers, how these price discrepancies affect shopping options for consumers, and the company’s lobbying efforts to refute price discrimination allegations.  
    To read the full text of the letter, click here.

    MIL OSI USA News

  • MIL-OSI: Magnetic North Acquisition Corp. Announces Non-Brokered Private Placement of Up to CDN$500,000

    Source: GlobeNewswire (MIL-OSI)

    **Not for distribution to United States Newswire Services or release publication, distribution or dissemination, directly or indirectly, in the United States. Any failure to comply with this restriction may constitute a violation of U.S. Securities Laws**

    CALGARY, Alberta and TORONTO, May 13, 2025 (GLOBE NEWSWIRE) — Magnetic North Acquisition Corp. (TSXV: MNC) (“Magnetic North” or the “Company”) announces that it intends to complete a non-brokered private placement (the “Offering”) consisting of unsecured, interest-bearing promissory notes for gross proceeds of up to ‎CAD$500,000 (the “Offering”). Interest at ten percent (10.0%) plus, under certain circumstances, bonus interest will be payable on the Offering. The Term of the Offering will be sixty (60) days from date of Closing of each tranche. Each promissory note will have a face value of CAD$10,000.

    Closing of the Offering is currently anticipated to occur in more than one tranche. The first tranche of the Offering is anticipated to close by or on May 15, 2025. A cash commission of up to seven percent (7.0%) is payable to qualified agents on the total amount raised by such agent.The Company intends to use the net proceeds from the Offering for general corporate purposes‎.

    The Company and the investor(s) may mutually agree to repayment of the Offering in kind, i.e., payable in Series A Preferred shares of MNAC, listed under the symbol MNC.PR.A on the TSXV (the “Preferred Shares”), in whole or in part based on a per Preferred share price equal to the average price in the five (5) trading days immediately preceding the end of the Term.

    About Magnetic North Acquisition Corp.

    Magnetic North invests and manages businesses on behalf of its shareholders and believes that capital alone does not always lead to success. With offices in Calgary and Toronto, our experienced management team applies its considerable management, operations and capital markets expertise to ensure its investee companies are as successful as possible for shareholders. Magnetic North common shares and preferred shares trade on the TSX Venture Exchange under the stock symbol MNC and MNC.PR.A, respectively. The TSX Venture recently announced that Magnetic North is a “2021 TSX Venture 50” recipient. For more information about Magnetic North, visit its website at www.magneticnac.com. Magnetic North’s securities filings can also be accessed at www.sedarplus.ca.

    For Further Information, Please Contact:

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

    CAUTIONARY STATEMENT REGARDING FORWARD LOOKING INFORMATION

    This news release contains “forward-looking information” within the meaning of Canadian securities legislation. Forward-looking information generally refers to information about an issuer’s business, capital, or operations that is prospective in nature, and includes future-oriented financial information about the issuer’s prospective financial performance or financial position. The forward-looking information in this news release includes the Company’s expected completion and timing of the Offering. There can be no assurance that the Offering will be completed as proposed or at all. The Company has made certain material assumptions, including but not limited to: prevailing market conditions; general business, economic, competitive, political and social uncertainties; and the ability of the Company to execute and achieve its business objectives to develop the forward-looking information in this news release. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Actual results may vary from the forward-looking information in this news release due to certain material risk factors. These risk factors include but are not limited to: adverse market conditions; reliance on key and qualified personnel; and regulatory and other risks associated with the industries in which the Company’s portfolio companies operate, in general. The Company cautions that the foregoing list of material risk factors and assumptions is not exhaustive. The Company assumes no obligation to update or revise the forward-looking information in this news release, unless it is required to do so under Canadian securities legislation.

    The MIL Network

  • MIL-OSI: Carbon Streaming Announces Financial Results for the Three Months Ended March 31, 2025

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, May 13, 2025 (GLOBE NEWSWIRE) — Carbon Streaming Corporation (Cboe CA: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (“Carbon Streaming” or the “Company”) today reported its financial results for the three months ended March 31, 2025. All figures are expressed in United States dollars, unless otherwise indicated.

    Carbon Streaming Chief Executive Officer Marin Katusa stated: “In the first quarter of 2025, Carbon Streaming made significant progress in reducing costs and improving financial sustainability, while continuing to evaluate strategic alternatives. Ongoing operating expenses have decreased substantially compared to prior years, and by May 2025, the number of individuals at the Company receiving a full-time salary was reduced to three. While we continue to pursue cost reductions, our priority in 2025 is to maximize value from our existing portfolio while exploring all strategic options to enhance shareholder value. More specifically, we will evaluate potential acquisitions, divestments, corporate transactions, and strategic partnerships. Although the voluntary carbon market continues to face challenging conditions and broader economic uncertainties persist, we remain committed to adapting to market realities and identifying the best path forward for our shareholders. In line with this commitment to shareholders, we have recently filed a statement of claim against certain former executives, board members, consultants, and associated entities in order to hold the defendants to account for actions that have caused financial harm to the Company, as outlined in the lawsuit. And with respect to the Rimba Raya, Magdalena Bay, and Sustainable Community Streams, the Company remains focused on protecting our investments and preserving our rights — as we will with all our investments.”

    Quarterly Highlights

    • Ended the year with $36.4 million in cash and no corporate debt. During the quarter, the Company converted $18.0 million in cash from US$ to C$ at an exchange rate of 1.42 C$ for every 1.00 US$. The Company continues to earn interest income on its cash.
    • Reduced the number of individuals receiving full-time salaries at the Company – including employees, consultants, and directors – from 24 at the start of 2024 to 3 full-time employees by May 2025, resulting in significant savings in ongoing operating expenses. The Chief Executive Officer is not collecting a salary, the Chief Financial Officer is receiving a part-time salary, and the Company has eliminated cash-settled director’s fees to its board of directors (“Board”).
    • Recognized a net gain on revaluation of carbon credit streaming and royalty agreements of $49 thousand (net loss on revaluation of $33.1 million for Q1 2024). The net gain on revaluation for the current period was primarily related to changes to the risk-adjusted discount rate and accretion due to the passage of time.
    • Building on the success of the previously-announced ongoing corporate restructuring plan, the Company has significantly reduced ongoing operating expenses and is continuing to review its existing streams and royalties.
    • Generated $2 thousand in settlements from carbon credit streaming and royalty agreements (settlements of $406 thousand during Q1 2024).
    • Operating loss of $1.4 million (operating loss of $36.6 million in Q1 2024).
    • Recognized net loss of $0.8 million (net loss of $35.8 million in Q1 2024).
    • Adjusted net loss was $0.5 million (adjusted net loss of $1.6 million in Q1 2024) (see the “Non-IFRS Accounting Standards Measures” section of this news release).
    • Paid $164 thousand in upfront deposits for carbon credit streaming and royalty agreements (paid $400 thousand in upfront deposits in Q1 2024).
    • In April 2025, the Company announced that it had filed a lawsuit in the Ontario Superior Court of Justice against several former executives, directors, consultants, and associated entities. Please refer to the Company’s news release titled “Carbon Streaming Announces Filing of Claim Against Former Executives and Consultants” for further information.

    Financial Highlights Summary

      Three months ended
    March 31, 2025
    Three months ended
    March 31, 2024
    Carbon credit streaming and royalty agreements    
    Revaluation of carbon credit streaming and royalty agreements $ 49   $ (33,136 )
    Settlements from carbon credit streaming and royalty agreements1   2     406  
    Other financial highlights    
    Other operating expenses   1,401     3,709  
    Operating loss   (1,351 )   (36,756 )
    Net loss   (822 )   (35,771 )
    Loss per share (Basis and Diluted) ($/share)   (0.02 )   (0.75 )
    Adjusted net loss2   (508 )   (1,596 )
    Adjusted net loss per share (Basic and Diluted) ($/share)2   (0.01 )   (0.03 )
    Statement of financial position    
    Cash3   36,444     49,008  
    Carbon credit streaming and royalty agreements3   9,292     26,980  
    Total assets3   47,098     81,596  
    Non-current liabilities3   47     1,059  
     
    1. Relates to the net cash proceeds generated from the Company’s carbon credit streaming and royalty agreements.
    2. “Adjusted net loss”, including per share amounts, is a non-IFRS® Accounting Standards (the “IFRS Accounting Standards”) financial performance measure that is used in this news release. This measure does not have any standardized meaning under the IFRS Accounting Standards and therefore may not be comparable to similar measures presented by other issuers. For more information about this measure, why it is used by the Company, and a reconciliation to the most directly comparable measure under the IFRS Accounting Standards, see the “Non-IFRS Accounting Standards Measures” section of this news release.
    3. Cash, carbon credit streaming and royalty agreements, total assets and non-current liabilities are presented as at the relevant tabular reporting date.
     

    Portfolio Updates

    Nalgonda Rice Farming Stream: The project was registered with Verra on February 10, 2025, using the UNFCCC Clean Development Mechanism Methodology AMS-III.AU: Methane emission reduction by adjusted water management practice in rice cultivation in the VCS program (“AMS-III.AU”). Registration and first validation of the project was delayed when Verra temporarily inactivated AMS-III.AU as part of a broader review of validation and verification quality and began developing a revised rice-specific methodology to replace AMS-III.AU. During this review, Verra determined that certain projects identified as having quality issues with validations and/or verifications would remain on hold, but Core CarbonX’s projects, including the Nalgonda Rice Farming project, were approved for registration under AMS-III.AU.

    Verra released the new VCS Methodology VM0051 (Improved Management in Rice Production Systems v1.0) on February 27, 2025, which the project plans to transition to for the second monitoring period. However, the project has already applied the guidelines required under the VCS Methodology VM0051. At this time, it is not known how the transition to the new methodology will impact the project, if at all.

    Sheep Creek Reforestation Stream: In January 2025, the Company received a Notice of Adverse Impact from Mast Reforestation SPV I, LLC (“Mast”) and the parent company of Mast, Droneseed Co. d/b/a Mast Reforestation under the Sheep Creek Reforestation Stream pursuant to which, among other things, Mast advised the Company that the Sheep Creek project has experienced significantly higher than expected mortality rates and that the surviving seedlings had exhibited slower than expected growth rates. As a result, Mast indicated to the Company that it no longer expects to deliver the Company the agreed-upon 286,229 carbon removal credits, referred to as forecast mitigation units (“FMUs”) under the Climate Action Reserve’s Climate Forward program under the Sheep Creek Reforestation Stream, as Mast no longer considers the existing Sheep Creek project plan and budget to be viable. The Company has formally responded to the Notice of Adverse Impact and requested that Mast respond to the Company’s significant concerns regarding, among other things, the timing of the delivery of the Notice of Adverse Impact, and the characterization of the cause of the adverse impact. The Company is continuing to evaluate all legal avenues available under the Sheep Creek Reforestation Stream. As a result, the Company no longer anticipates generating cash flow from the Sheep Creek Reforestation Stream, and its fair value is $nil as of March 31, 2025.

    Baccala Ranch Reforestation Stream: In March 2025, Mast delivered the Company a notice of termination of the Baccala Ranch Reforestation Stream and the Baccala Ranch project, thereby confirming it will forego any plantings. The Company had not advanced any funds for the Baccala project and the closing of the Baccala Ranch Reforestation Stream remained subject to customary closing conditions.

    Enfield Biochar Stream: In April 2025, Standard Biocarbon Corporation (“Standard Biocarbon”) successfully completed an equity financing resulting in a change of control. In connection with the financing, a new CEO has been appointed to lead Standard Biocarbon through project commissioning.

    Strategy

    Carbon Streaming is currently focused on maximizing value from the existing portfolio of investments and pursuing all options to achieve that goal. During 2024, the Company underwent changes to the Board and management, including the termination of certain consulting contracts, which reduced ongoing cash expenditure and streamlined decision-making. The Company continues to focus on its previously announced evaluation of strategic alternatives with a focus on maximizing value for all shareholders. These alternatives could include acquisitions, divestments, corporate transactions, financings, other strategic partnership opportunities or continuing to operate as a public company.

    The Company’s carbon credit streaming agreements are structured to retain a portion of the cash flows from carbon credit sales, with stream-specific retention varying. Project partners typically receive the balance through ongoing delivery payments under the terms of each agreement. Cash flows are subject to fluctuations based on realized carbon credit prices and agreement terms. As the Company continues to evaluate its strategic direction, it remains focused on optimizing portfolio economics and managing exposure to market volatility.

    Outlook

    Carbon Streaming continues to reposition itself for success and for maximizing shareholder value amid ongoing challenges. In May 2024, as part of its ongoing corporate restructuring first initiated in 2023, the Company announced changes to its senior management and Board after constructive discussions with certain shareholders. The Company continues to evaluate strategic alternatives for the business and remains focused on cash flow optimization through the reduction of operating expenses and a reassessment of its existing streams and royalties. Building on the previous measures implemented by the Company to reduce ongoing operating expenses, further steps have been taken in recent months, including significantly reducing employee headcount, renegotiating and amending vendor agreements to lower costs, eliminating cash-settled director’s fees to the Board and terminating certain consulting contracts. As the Company’s broader strategy continues to evolve, these recent steps are expected to result in significant reductions to annualized ongoing operating expenses when compared to 2024.

    While the Company aims to increase cash flow generation through the sale of carbon credits from several streaming agreements over the next year, there remains ongoing uncertainty regarding the evolving nature of carbon markets, including potential registry delays, project-specific issues, and methodology-related risks, in addition to impacts the industry may face as a result of general economic, political and regulatory conditions. In 2024, the Company recognized a decrease in the fair values of the Rimba Raya Stream, the Magdalena Bay Blue Carbon Stream, the Sustainable Community Stream, and the Sheep Creek Reforestation Stream to $nil as a result of the failure of the respective projects to meet their obligations under the stream agreements and ongoing legal disputes. The Company is actively pursuing all available legal remedies to protect its investments and enforce its contractual rights. Given the multiple ongoing litigation matters, the outcomes remain uncertain and could materially impact the Company’s financial position and strategic direction. Please refer to the “Legal Proceedings” section of the Company’s most recently filed MD&A for further information.

    Given the evolving nature of carbon markets and ongoing legal considerations, Carbon Streaming is focussed on maximizing value from the existing portfolio of investments and pursuing all options to achieve that goal.

    For a comprehensive discussion of the risks, assumptions and uncertainties that could impact the Company’s strategy and outlook, including without limitation, changes in demand for carbon credits and Indonesian developments described herein, investors are urged to review the section of the Company’s most recently filed AIF entitled “Risk Factors” a copy of which is available on SEDAR+ at www.sedarplus.ca.

    About Carbon Streaming

    Carbon Streaming’s focus is on projects that generate high-quality carbon credits and have a positive impact on the environment, local communities, and biodiversity, in addition to their carbon reduction or removal potential.

    ON BEHALF OF THE COMPANY:
    Marin Katusa, Chief Executive Officer
    Tel: 365.607.6095
    info@carbonstreaming.com
    www.carbonstreaming.com

    Investor Relations
    investors@carbonstreaming.com

    Media
    media@carbonstreaming.com

    Non-IFRS Accounting Standards Measures

    Adjusted Net Loss and Adjusted Loss Per Share

    The term “adjusted net loss” in this news release is not a standardized financial measure under the IFRS Accounting Standards and therefore may not be comparable to similar measures presented by other companies where similar terminology is used. These non-IFRS Accounting Standards measures should not be considered in isolation or as a substitute for measures of performance, cash flows and financial position as prepared in accordance with the IFRS Accounting Standards. Management believes that these non-IFRS Accounting Standards measures, together with performance measures and measures prepared in accordance with the IFRS Accounting Standards, provide useful information to investors and shareholders in assessing the Company’s liquidity and overall performance.

    Adjusted net loss is calculated as net and comprehensive loss and adjusted for the revaluation of carbon credit streaming and royalty agreements, the revaluation of warrant liabilities, the impairment loss on early deposit interest receivable, the revaluation of derivative liabilities, the revaluation of the convertible note, the impairment loss on investment in associate, the gain on dissolution of associate, and the corporate restructuring which the Company views as having a significant non-cash or non-continuing impact on the Company’s net and comprehensive loss calculation and per share amounts. Adjusted net loss is used by the Company to monitor its results from operations for the period.

    The following table reconciles net and comprehensive loss to adjusted net loss:

      Three months ended
    March 31, 2025
    Three months ended
    March 31, 2024
    Net loss and comprehensive loss $ (822 ) $ (35,771 )
    Adjustment for non-continuing or non-cash settled items:    
    Revaluation of carbon credit streaming and royalty agreements   (49 )   33,136  
    Revaluation of warrant liabilities   (114 )   (334 )
    Litigation and corporate restructuring   477     1,373  
    Adjusted net loss   (508 )   (1,596 )
    Loss per share (Basic and Diluted) ($/share)   (0.02 )   (0.75 )
    Adjusted net loss per share (Basic and Diluted) ($/share)   (0.01 )   (0.03 )
                 

    Cautionary Statement Regarding Forward-Looking Information

    This news release contains certain forward-looking statements and forward-looking information (collectively, “forward-looking information”) within the meaning of applicable securities laws. All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future, are forward-looking information, including, without limitation, statements regarding the anticipated impact of changes to the Company’s Board and management; the impact of the Company’s restructuring strategies, including evaluation of strategic alternatives; the ability of the Company to execute on expense reductions and savings from operating cost reduction measures; statements with respect to cash flow optimization and generation; its sales strategy; supporting the Company’s carbon streaming and royalty partners; timing and the amount of future carbon credit generation and emission reductions and removals from the Company’s existing streaming and royalty agreements; statements with respect to the projects in which the Company has streaming and royalty agreements in place; statements with respect to the Company’s growth objectives and potential and its position in the voluntary carbon markets; statements with respect to execution of the Company’s portfolio and partnership strategy; statements regarding the Company holding certain former executives, directors, consultants, and associated entities to account. statements with respect to the ongoing legal process to protect the Company’s investment in the Rimba Raya project and to enforce its legal and contractual rights; and statements regarding the Company’s intention to strictly enforce its legal and contractual rights under the Sustainable Community Stream and the Magdalena Bay Blue Carbon Stream and the Sheep Creek Reforestation Stream.

    When used in this news release, words such as “estimates”, “expects”, “plans”, “anticipates”, “will”, “believes”, “intends” “should”, “could”, “may” and other similar terminology are intended to identify such forward-looking information. This forward-looking information is based on the current expectations or beliefs of the Company based on information currently available to the Company. Forward-looking information is subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking information, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, the Company. They should not be read as a guarantee of future performance or results, and will not necessarily be an accurate indication of whether or not such results will be achieved. Factors that could cause actual results or events to differ materially from current expectations include, among other things: general economic, market and business conditions and global financial conditions, including fluctuations in interest rates, foreign exchange rates and stock market volatility; volatility in prices of carbon credits and demand for carbon credits; change in social or political views towards climate change, carbon credits and environmental, social and governance initiatives and subsequent changes in corporate or government policies or regulations and associated changes in demand for carbon credits; the Company’s expectations and plans with respect to current litigation, arbitration and regulatory proceedings; limited operating history for the Company’s current strategy; concentration risk; inaccurate estimates of project value, which may impact the ability of the Company to execute on its growth and diversification strategy; dependence upon key management; impact of corporate restructurings; the inability of the Company to optimize cash flows or sufficiently reduce operating expenses; reputational risk; risks arising from competition and future acquisition activities failure or timing delays for projects to be registered, validated and ultimately developed and for emission reductions or removals to be verified and carbon credits issued (and other risks associated with carbon credits standards and registries); foreign operations and political risks including actions by governmental authorities, including changes in or to government regulation, taxation and carbon pricing initiatives; uncertainties and ongoing market developments surrounding the validation and verification requirements of the voluntary and/or compliance markets; due diligence risks, including failure of third parties’ reviews, reports and projections to be accurate; dependence on project partners, operators and owners, including failure by such counterparties to make payments or perform their operational or other obligations to the Company in compliance with the terms of contractual arrangements between the Company and such counterparties; failure of projects to generate carbon credits, or natural disasters such as flood or fire which could have a material adverse effect on the ability of any project to generate carbon credits; volatility in the market price of the Company’s common shares or warrants; the effect that the issuance of additional securities by the Company could have on the market price of the Company’s common shares or warrants; global health crises, such as pandemics and epidemics; and the other risks disclosed under the heading “Risk Factors” and elsewhere in the Company’s Annual Information Form dated as of March 31, 2025 filed on SEDAR+ at www.sedarplus.ca.

    Any forward-looking information speaks only as of the date of this news release. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein. Except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise.

    The MIL Network

  • MIL-OSI: Condor Announces 2025 First Quarter Results and Purchase of Its First LNG Facility

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, May 13, 2025 (GLOBE NEWSWIRE) — Condor Energies Inc. (“Condor” or the “Company”) (TSX:CDR), a Canadian based, internationally focused energy transition company focused on Central Asia is pleased to announce the release of its unaudited interim condensed consolidated financial statements for the three months ended March 31, 2025, together with the related management’s discussion and analysis. These documents will be made available under Condor’s profile on SEDAR+ at www.sedarplus.ca and on the Condor website at www.condorenergies.ca. Readers are invited to review the latest corporate presentation available on the Condor website. All financial amounts in this news release are presented in Canadian dollars, unless otherwise stated

    HIGHLIGHTS

    • Production in Uzbekistan for the first quarter of 2025 averaged 11,179 boe/d comprised of 10,819 boe/d (64,917 Mcf/d) of natural gas and 360 bopd of condensate, which is a 6% increase from the average production rate of 10,511 boe/d for the fourth quarter of 2024.
    • Uzbekistan natural gas and condensate sales for the first quarter of 2025 was $22.26 million, which is a 6% increase from sales of $20.93 million for the fourth quarter of 2024.
    • On May 6, 2025, the Company purchased a modular LNG facility (the “First Facility”) capable of producing 48,000 gallons (80 MT) of LNG per day with LNG production planned to commence in the second quarter of 2026.
    • On April 15, 2025, the Company secured its third natural gas allocation in Kazakhstan for LNG feed gas, a portion of which will be allocated to the First Facility.
    • On February 24, 2025, Condor was awarded a second critical minerals mining license in Kazakhstan for a 100% working interest in the exploration rights for mining solid minerals for a six-year term.
    • The Company is finalizing a drilling rig and associated support services contracts to begin a multi-well drilling program in Uzbekistan during the third quarter of 2025 that will target multiple play types to further increase production rates.

    MESSAGE FROM CONDOR’S CEO

    Don Streu, President and CEO of Condor commented: ”We have continued to make significant progress in creating value from a diverse portfolio of first-mover energy initiatives which include our Uzbekistan producing gas fields, Kazakhstan modular LNG development and Kazakhstan critical minerals licenses.

    In Uzbekistan, production and revenue growth of six percent quarter-on-quarter reflects the highly capital efficient and repeatable successes of applying Canadian technologies and learnings to increase natural gas production despite historical natural production declines that exceeded twenty percent annually. Production will be further increased by a vertical, horizontal and multi-lateral well drilling campaign that is scheduled to commence in the third quarter of 2025.

    In Kazakhstan, the purchase of our first modular LNG facility will enable us to initiate Central Asia’s first LNG production by the second quarter of 2026. The three LNG feed gas allocations that Condor has secured thus far will allow us to fabricate and operate several additional LNG facilities to ensure sustainable cash flow growth. These facilities are critical to supporting the fuel needs of Kazakhstan’s rapidly expanding transportation networks.

    Also in Kazakhstan, Condor has now been awarded two critical minerals licenses which grant us subsurface exploration rights for solid minerals, including lithium and copper, and these concessions are located in very close proximity to some of the world’s largest mining companies that are actively exploring in the region.

    Condor has truly assembled a diverse portfolio with a strong foundation for cashflow growth that we are now actively developing to realize material value”.

    Production in Uzbekistan

    The Company operates under a production enhancement services contract with JSC Uzbekneftegaz in Uzbekistan to increase the production, ultimate recovery and overall system efficiency from an integrated cluster of eight conventional natural gas-condensate fields (the “PEC Project”). Production for the first quarter of 2025 averaged 11,179 boe/d comprised of 10,819 boe/d (64,917 Mcf/d) of natural gas and 360 bopd of condensate, which is a 6% increase from the average production rate of 10,511 boe/d for the fourth quarter of 2024. Since assuming operations in March 2024, the Company has flattened the natural production decline rates, which previously exceeded twenty percent annually.

    The Company’s multi-well workover campaign continued during the first quarter of 2025 within the eight gas fields. The highly capital efficient workover activities include perforating newly identified pay intervals, installing proven artificial lift equipment, performing downhole stimulation treatments, and installing new production tubing. Three recent workovers generated a combined production increase of 1,950 boe/d, based upon initial seven-day production rates.

    The Company is finalizing a drilling rig and associated support services contracts to begin a multi-well drilling program in the third quarter of 2025 that will target numerous play types within a diverse prospect inventory. A combination of vertical, horizontal and Uzbekistan’s first multi-lateral wells will penetrate under-developed reservoirs in the existing fields. Wells are planned to be completed with modern stimulation techniques to further increase production rates.

    In the fourth quarter of 2024, the Company commissioned Uzbekistan’s first in-field flowline water separation system which separates water from the gas streams at the field gathering network rather than at the production facility. This reduces pipeline flow pressure that can lead to higher reservoir flow rates. Three additional separation units have since been installed and are being commissioned. The existing pipeline and facilities infrastructure are also being evaluated to optimize water-handling, determine long term field compression requirements, and to enhance in-field gathering networks.

    LNG in Kazakhstan

    Condor is constructing Kazakhstan’s first LNG facilities to produce, distribute, and sell LNG to offset industrial diesel usage in the country. LNG applications include rail locomotives, long-haul truck fleets, marine vessels, mining equipment, municipal bus fleets, and other heavy equipment and machinery with high-horsepower engines. These applications have all successfully used LNG fuel in other countries.

    In May 2025, the Company purchased a modular LNG facility (the “First Facility”) for its Saryozek plant site, capable of producing 48,000 gallons (80 MT) of LNG per day. The purchase price of USD $6.5 million (CAD $9.3 million) is due as to USD $1.6 million (CAD $2.3 million) within ten business days and the remaining payments are due in a combination of time and milestone-based instalments until the First Facility is commissioned. Construction of the First Facility is ongoing, and fabrication works are expected to be completed in the fourth quarter of 2025. The First Facility and supporting equipment will then be shipped to Saryozek, Kazakhstan for assembly and commissioning with LNG production expected in the second quarter of 2026. The estimated additional cost to complete the First Facility construction and commissioning is USD $18.6 million (CAD $26.7 million). The Company is finalizing LNG off-taker agreements and advancing several financing solutions for the First Facility.

    In April 2025, the Company secured its third natural gas allocation that will provide LNG feed gas for the First Facility. Two additional 48,000 gallon modular LNG facilities are planned to be constructed at the First Facility site to fully utilize the third natural gas allocation.

    Concurrently, engineering design continues for additional modular LNG facilities that will utilize the two other existing natural gas allocations for the Alga and Kuryk sites. The final investment decision for the first Alga site LNG facility is planned for the fourth quarter of 2025 with Alga LNG production of 100,000 gallons (168 MT) of LNG per day planned to commence in the second quarter of 2027. Timing for the first Kuryk site LNG facility, which is targeting 125,000 gallons (210 MT) of LNG per day, is being evaluated. Based on the Company’s three feed gas allocations, the total LNG fuel produced will have an energy-equivalent volume of over 1.5 million litres of diesel daily, while also reducing CO2 emissions by 390,000 MT per year, which is equivalent to removing more than 85,000 cars from the road annually.

    Condor’s modular LNG facilities will be instrumental to supplying a stable, economic and more environmentally friendly fuel source for the Transcaspian International Transport Route (“TITR”) expansion, which is currently the shortest, fastest and most geopolitically secure transit corridor for moving freight between Asia and Europe. The Government of Kazakhstan and Kazakhstan’s national railroad are making significant investments in TITR infrastructure, including expanding the rail network, constructing a new dry port at the Kazakhstan – China border, and increasing the container-handling capacities at various Caspian Sea ports.

    Critical Minerals Licenses in Kazakhstan

    The Company holds a 100% working interest in two contiguous critical minerals mining licenses which provide subsurface exploration rights for solid minerals, including lithium and copper, for respective six-year terms. The 37,300- hectare Sayakbay license was awarded in July 2023 and the nearby 6,800-hectare Kolkuduk license was awarded in February 2025.

    A prior well drilled in the Kolkuduk license territory for hydrocarbon exploration encountered and tested brine deposits with lithium concentrations of up to 130 milligrams per litre as reported by the Ministry of Geology of the Republic of Kazakhstan. A 1,000-meter column of tested and untested brine reservoir has been identified from historical wireline log and core data. At Sayakbay, a prior legacy well drilled for hydrocarbon exploration encountered and tested brine deposits with lithium concentrations of 67 milligrams per litre in Carboniferous-aged intervals as reported by the Ministry of Geology of the Republic of Kazakhstan. A 670-meter column of tested and untested brine reservoir has been identified from historical wireline log and core data. Other critical minerals identified at the Kolkuduk and Sayakbay licenses include rubidium, strontium and cesium.

    The Company is not treating these historical estimates as current mineral resources or mineral reserves as additional drilling and testing is necessary, and a qualified person has not done sufficient work to classify the historical estimates as current mineral resources or mineral reserves. It is uncertain if further drilling will result in either area being delineated as a mineral resource or reserve. The historical lithium concentration estimates should not be relied upon as indicative of the actual lithium concentration or the likelihood that the Company will be able to achieve similar production results.

    The initial development plan for Sayakbay includes drilling and testing two wells to verify deliverability rates, confirming the lateral extension and concentrations of lithium in the tested and untested intervals, conducting preliminary engineering for the production facilities, and preparing a mineral resource or mineral reserves report compliant with National Instrument 43-101 Standards of Disclosure for Mineral Projects. The initial development plan for the Kolkuduk license acquired in February 2025 has yet to be determined.

    RESULTS OF OPERATIONS

    Production – Uzbekistan      
    Total Production Three months
    ended

    March 31, 2025
    One month
    ended

    March 31, 2024*
    Change
    Volume
     
    Natural gas (Mcf) 5,842,516 2,027,905 3,814,611  
    Natural gas (boe) 973,753 337,984 635,769  
    Condensate (barrels) 32,443 8,190 24,253  
    Total (boe) 1,006,196 346,174 660,022  
           
           
    Per Unit Production Three months
    ended

    March 31, 2025
    One month
    ended

    March 31, 2024*
    Change
    %
     
    Natural gas (Mcf/d) 64,917 65,416 (0.8 %)
    Natural gas (boe/d) 10,819 10,903 (0.8 %)
    Condensate (bopd) 360 264 36.4 %
    Total (boe/d) 11,179 11,167 0.1 %

    * Production commenced on March 1, 2024. Production volumes and per unit calculations stated in Mcf/d, boe/d and bopd for 2024 are for 31 days.


    Operating Netback for Uzbekistan

    Operating netback for Natural Gas 1,2 Natural Gas
    Q1 2025   Q1 2024  
    Sales ($000’s) 19,982   6,566  
    Royalties ($000’s) (3,661 ) (1,203 )
    Production costs ($000’s) (8,692 ) (2,288 )
    Transportation and selling ($000’s) (690 ) (228 )
    Operating netback ($000’s)1,2 6,939   2,847  
         
    Sales volume (Mcf) 5,462,313   1,888,789  
         
    Sales ($/Mcf) 3.66   3.48  
    Royalties ($/Mcf) (0.67 ) (0.64 )
    Production costs ($/Mcf) (1.59 ) (1.21 )
    Transportation and selling ($/Mcf) (0.13 ) (0.12 )
    Operating netback ($/Mcf)1,2 1.27   1.51  
    Operating netback for Condensate 1,2 Condensate
    Q1 2025   Q1 2024  
    Sales ($000’s) 2,280   646  
    Royalties ($000’s) (451 ) (128 )
    Production costs ($000’s) (215 ) (37 )
    Transportation and selling ($000’s) (12 ) (3 )
    Operating netback ($000’s)1,2 1,602   478  
         
    Sales volume (bbl) 32,317   8,187  
         
    Sales ($/bbl) 70.57   78.91  
    Royalties ($/bbl) (13.96 ) (15.63 )
    Production costs ($/bbl) (6.65 ) (4.52 )
    Transportation and selling ($/bbl) (0.39 ) (0.37 )
    Operating netback ($/bbl)1,2 49.57   58.39  

    1   Operating netback is a non-GAAP measure and is a term with no standardized meaning as prescribed by GAAP and may notbe comparable with similar measures presented by other issuers. See “Non-GAAP Financial Measures” in thisnews release. Thecalculation of operating netback is aligned with the definition found in the Canadian Oil and Gas Evaluation Handbook.
    2   Amounts and per unit measures are only presented for the Uzbekistan segment.


    NON-GAAP FINANCIAL MEASURES

    The Company refers to “operating netback” in this news release, a term with no standardized meaning as prescribed by GAAP and which may not be comparable with similar measures presented by other issuers. This additional information should not be considered in isolation or as a substitute for measures prepared in accordance with GAAP. Operating netback is calculated as sales less royalties, production costs and transportation and selling on a dollar basis and divided by the sales volume for the period on a per Mcf basis for natural gas and per boe basis for condensate. This non-GAAP measure is commonly used in the oil and gas industry to assist in measuring operating performance against prior periods on a comparable basis and has been presented to provide an additional measure to analyze the Company’s sales on a per unit basis and the Company’s ability to generate funds.

    BARRELS OF OIL EQUIVALENT ADVISORY

    References herein to barrels of oil equivalent (“boe”) are derived by converting gas to oil in the ratio of six thousand standard cubic feet (“Mcf”) of gas to one barrel of oil based on an energy conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. Given the value ratio based on the current price of crude oil as compared to natural gas is significantly different from the energy equivalency of 6 Mcf to 1 barrel, utilizing a conversion ratio at 6 Mcf to 1 barrel may be misleading as an indication of value, particularly if used in isolation.

    FORWARD-LOOKING STATEMENTS

    Certain statements in this news release constitute forward-looking statements under applicable securities legislation. Such statements are generally identifiable by the terminology used, such as “expect”, “plan”, “estimate”, “may”, “will”, “should”, “could”, “would”, “ongoing”, “project”, “expect”, “intend”, “seek”, “future”, “forecast”, “continue”, or other similar wording. Forward-looking information in this MD&A includes, but is not limited to, information concerning: the timing and ability to execute the Company’s growth and sustainability strategies including the financing for these growth and sustainability strategies; the timing and ability of the Company to finalize a drilling rig and associated support services contracts to begin a multi-well drilling program in Uzbekistan during the third quarter of 2025; the timing and ability of the Company to complete a multi-well drilling program in Uzbekistan with modern stimulation techniques and further increase production rates; the timing and ability to approve the final investment decision for the first Alga LNG facility during the fourth quarter of 2025; the Company’s expectation that Alga LNG production will commence in the second quarter of 2027; the Company’s expectation that the total LNG fuel produced will have an energy-equivalent volume of over 1.5 million litres of diesel daily, while also reducing CO2 emissions by 390,000 MT per year, which is equivalent to removing more than 85,000 cars from the road annually; the timing and ability of the Company to operate and increase production and overall recovery rates at eight gas fields in Uzbekistan; the timing and ability to deliver repeatable, capital efficient production gains from future workovers; the timing and ability of the Company to increase the number of in-field flowline water separation systems; the timing and ability to realize multiple revenue streams that remain robust across varying economic conditions and geo-political priorities; the timing and ability to increase production by implementing artificial lift, workover and drilling programs; the timing and ability to reprocess 3-D seismic data and conduct a 3-D seismic program; the timing and ability for the 3D seismic data to provide higher resolutions, more accurately characterize the reservoirs and identify new targets; the timing and ability of the Company to evaluate existing pipeline and facilities infrastructure for optimization of water handling, field compression and the in-field gathering network; the timing and ability to use the two natural gas allocations for the Alga and Kuryk sites as feed gas for the Company’s planned modular LNG production facilities; the timing and ability to liquefy natural gas to produce LNG; the timing and ability to conduct detailed engineering; the timing and ability to confirm LNG volume commitments with end-users; the Company’s expectations in respect of the future uses of LNG; the timing and ability to acquire, transport and construct modular LNG production facilities; the timing and ability to obtain funding and proceed with construction of modular LNG production facilities; the timing and ability of the Company to commission the First Facility during the second quarter of 2026; the timing and ability of the First Facility to produce 48,000 gallons (80 MT) of LNG per day; the timing and ability to finalize LNG off-taker agreements for the First Facility; the timing and ability of the Company to construct two additional modular LNG facilities capable of producing 48,000 gallons (80 MT) of LNG per day at the First Facility site; the potential for the Sayakbay and Kolkuduk licenses to contain commercial deposits; the timing and ability of the Company to fund, permit and complete planned activities at Sayakbay including drilling two additional wells and conducting preliminary engineering for the production facilities; the timing and ability to optimize the planned method for direct lithium extraction; the timing and ability of the Company to generate a report in compliance with National Instrument 43-101 Standards of Disclosure for Mineral Projects; the timing and ability to commence exploration mining activities to evaluate the potential for commercial lithium brine deposits; projections and timing with respect to natural gas and condensate production; expected markets, prices and costs for future natural gas and condensate sales; the timing and ability to obtain various approvals and conduct the Company’s planned exploration and development activities; the timing and ability to access natural gas pipelines; the timing and ability to access domestic and export sales markets; anticipated capital expenditures; forecasted capital and operating budgets and cashflows; anticipated working capital; sources and availability of financing for potential budgeting shortfalls; the timing and ability to obtain future funding on favourable terms, if at all; the potential for additional contractual work commitments to be significant; the ability to satisfy and fund the contractual work commitments; projections relating to the adequacy of the Company’s provision for taxes; the expected reporting impacts of adopting amendments to IFRS accounting policies; and treatment under governmental regulatory regimes and tax laws.

    This news release also includes forward-looking information regarding health risk management including, but not limited to: travel restrictions including shelter in place orders, curfews and lockdowns which may impact the timing and ability of Company personnel, suppliers and contractors to travel internationally, travel domestically and to access or deliver services, goods and equipment to the fields of operation; the risk of shutting in or reducing production due to travel restrictions, Government orders, crew illness, and the availability of goods, works and essential services for the fields of operations; decreases in the demand for oil and gas; decreases in the prices of natural gas, condensate and crude oil; potential for gas pipeline or sales market interruptions; the risk of changes to foreign currency controls, availability of foreign currencies, availability of hard currency, and currency controls or banking restrictions which restrict or prevent the repatriation of funds from or to foreign jurisdiction in which the Company operates; the Company’s financial condition, results of operations and cash flows; access to capital and borrowings to fund operations and new business projects on terms acceptable to the Company; the timing and ability to meet financial and other reporting deadlines; and the inherent increased risk of information technology failures and cyber-attacks.

    By its very nature, such forward-looking information requires Condor to make assumptions that may not materialize or that may not be accurate including, but not limited to, the assumptions that: the Company will be able to secure necessary drilling rigs, support services, and off-taker agreements in a timely manner; the engineering design and final investment decisions for additional LNG facilities will proceed as planned; the Government of Kazakhstan will continue to invest in infrastructure supporting the TITR expansion; additional drilling and testing will be successful in verifying deliverability rates and confirming mineral concentrations; the Company will be able to fund its initiatives through a combination of cash on hand, increased cashflows, debt or equity financing, asset sales, or other arrangements; the Company will be able to manage liquidity and capital expenditures through budgeting and authorizations for expenditures; the Company will be able to manage health, safety, and operational risks through existing precautions and guidelines; the Company will be able to adapt to changing trade policies, tariffs, and restrictions; and the Company will be able to manage the impact of geopolitical instability and sanctions. Forward-looking information is subject to known and unknown risks and uncertainties and other factors, which may cause actual results, levels of activity and achievements to differ materially from those expressed or implied by such information. Such risks and uncertainties include, but are not limited to: regulatory changes; the timing of regulatory approvals; the risk that actual minimum work programs will exceed the initially estimated amounts; the results of exploration and development drilling and related activities; the risk that prior lithium testing results may not be indicative of future testing results or actual results; imprecision of reserves estimates and ultimate recovery of reserves; the risk that historical production and testing rates may not be indicative of future production rates, capabilities or ultimate recovery; the risk that the historical composition and quality of oil and gas does not accurately predict its future composition and quality; general economic, market and business conditions; industry capacity; uncertainty related to marketing and transportation; competitive action by other companies; fluctuations in oil and natural gas prices; the effects of weather and climate conditions; fluctuation in interest rates and foreign currency exchange rates; the ability of suppliers to meet commitments; actions by governmental authorities, including increases in taxes; decisions or approvals of administrative tribunals and the possibility that government policies or laws may change or the possibility that government approvals may be delayed or withheld; changes in environmental and other regulations; risks associated with oil and gas operations, both domestic and international; international political events; and other factors, many of which are beyond the control of Condor.

    These risk factors are discussed in greater detail in filings made by Condor with Canadian securities regulatory authorities including the Company’s most recent Annual Information Form, which may be accessed through the SEDAR+ website (www.sedarplus.ca).

    Readers are cautioned that the foregoing list of important factors affecting forward-looking information is not exhaustive. The forward-looking information contained in this news release are made as of the date of this news release and, except as required by applicable law, Condor does not undertake any obligation to update publicly or to revise any of the included forward-looking information, whether as a result of new information, future events or otherwise. The forward-looking information contained in this news release is expressly qualified by this cautionary statement.

    ABBREVIATIONS

    The following is a summary of abbreviations used in this news release:

    3-D   Three dimensional
    Mcf   Thousands of standard cubic feet
    Mcf/d   Thousands of standard cubic feet per day
    MMcf   Millions of standard cubic feet
    bbl   Barrels of oil
    bopd   Barrels of oil per day
    boe   Barrels of oil equivalent
    boe/d   Barrels of oil equivalent per day
    MT   Metric tonnes
    LNG   Liquefied Natural Gas
    EV   Electric Vehicle
    Kazakhstan   Republic of Kazakhstan
    Uzbekistan   Republic of Uzbekistan


    The TSX does not accept responsibility for the adequacy or accuracy of this news release.

    For further information, please contact Don Streu, President and CEO or Sandy Quilty, Vice President of Finance and CFO at 403-201-9694.

    The MIL Network

  • MIL-OSI Europe: Government increases support for sexual and reproductive health and rights by SEK 75 million

    Source: Government of Sweden

    Growing political opposition around the world to sexual and reproductive health and rights (SRHR), especially abortion, risks having extremely serious consequences for women and girls. The Government has therefore approved an additional SEK 75 million to the United Nations Population Fund (UNFPA).

    MIL OSI Europe News

  • MIL-OSI Submissions: Africa – Morocco’s Ambassador Visits Edinburgh to Spark Energy and Agriculture Partnerships

    SOURCE: Scottish Africa Business Association (SABA)

    The Ambassador’s visit will include meetings with key stakeholders from government, industry and academia, as well as a number of roundtables and site visits with Scottish businesses eager to explore opportunities in Morocco
    ABERDEEN, Scotland, May 13, 2025 – The Scottish Africa Business Association (SABA) (www.AfricaScot.com) is delighted to announce the forthcoming visit of His Excellency Hakim Hajoui, the Ambassador of the Kingdom of Morocco to the United Kingdom, to Scotland. This high-level visit will focus on strengthening partnerships between Scotland and Morocco across the energy, renewable energy and agriculture sectors.

    The Ambassador’s visit will include meetings with key stakeholders from government, industry and academia, as well as a number of roundtables and site visits with Scottish businesses eager to explore opportunities in Morocco – one of Africa’s most dynamic and forward-looking economies.

    Morocco has established itself as a renewable energy leader in Africa, with a goal of sourcing over 50% of its electricity from renewables by 2030. Major investment opportunities exist in solar, wind, green hydrogen and grid infrastructure. The country is also undertaking significant modernisation of its agriculture sector, with a focus on sustainable farming, water management, and agri-tech innovation — all areas where Scottish companies and research institutions have exceptional capabilities.

    Education and skills training will also be a key focus of the visit, as both Scotland and Morocco recognise the importance of developing human capital to drive forward innovation and economic growth. Scottish universities and training institutions have a long history of providing world-class education, and through new partnerships, there is a real opportunity to support Morocco’s workforce development in line with its evolving industrial needs.

    Seona Shand, Chief Operating Officer of the Scottish Africa Business Association, said: “We are thrilled to welcome the Ambassador of Morocco to Scotland. This visit comes at a pivotal time as Morocco accelerates its ambitious green energy transition and advances major agricultural reforms. Scotland’s world-class expertise in renewable energy, offshore wind, green hydrogen and agricultural innovation is a perfect match for Morocco’s ambitions. We see enormous opportunities for Scottish businesses to partner with Moroccan counterparts, share know-how and co-create solutions that will benefit both nations.”

    The visit will serve as a catalyst for building new partnerships, enhancing trade and investment and cultivating knowledge exchange between Scotland and Morocco.

    Companies can register to attend at https://apo-opa.co/456agPk                
    Distributed by APO Group on behalf of Scottish Africa Business Association (SABA).

    About the Scottish Africa Business Association (SABA):
    SABA is the preeminent non-political, Africa focussed, members trade organisation with an unrivalled board of experienced directors which promotes trade, investment and knowledge sharing between Scotland’s world class expertise and Africa’s priority sectors including energy, agriculture, the blue economy, healthcare, skills training and education by leveraging extensive commercial, trade, political and government contacts across Scotland and Africa.

    As part of this, our team organises private meetings, round tables, seminars, conferences, global trade missions and offers market research, intelligence sharing and consultancy services.          

    MIL OSI – Submitted News

  • MIL-OSI Submissions: Africa – Largest number ever of around 200 Japanese companies to participate in the Tokyo International Conference on African Development (TICAD) Business Expo & Conference

    SOURCE: Japan External Trade Organization (JETRO)

    Seeking opportunities in African markets with diverse business contents

    TOKYO, Japan, May 13, 2025 – Japan External Trade Organization (JETRO; Chairman and CEO: ISHIGURO Norihiko; Headquarters: Minato-ku, Tokyo) (www.JETRO.go.jp) is pleased to announce that it will host the TICAD Business Expo & Conference from 20 to 22 August 2025, as one of the Thematic Events of the Ninth Tokyo International Conference on African Development (TICAD9).

    This event will comprise four zones – Japan Fair, Africa Lounge, Event Stage, and Thematic Exhibitions – bringing together diverse content in one venue in a new style of event organisation. A total of 196 Japanese companies and organisations (including 107 small and medium enterprises (SMEs)) will be participating in Japan Fair, the largest number ever, making the TICAD business Expo & Conference the largest-ever Africa-related event to be organised by JETRO.

    Download Exhibitor List: https://apo-opa.co/3F6KiAM

    TICAD9 will be held in Yokohama, Kanagawa Prefecture from 20 to 22 August 2025, led by the Government of Japan and co-hosted by United Nations, United Nations Development Programme (UNDP), African Union Commission (AUC) and World Bank. In conjunction with TICAD9, JETRO has planned the TICAD Business Expo & Conference as a new style of business events that brings together diverse exhibits and opportunities for interaction. In order to support the proactive initiatives of Japanese companies to grasp expanding business opportunities in the African market, JETRO has updated its event model from a conventional exhibition to provide a more practical venue for business exchanges.

    Japan Fair aims to create new business opportunities in the African market by introducing excellent products, technologies, and the services of Japanese companies to government officials and business leaders visiting Japan from African countries. The exhibition is comprised of eight thematic zones, based on the African Union’s Agenda 2063, including “Infrastructure,” “Health and Sanitation Improvement,” and “Food Value Chain.” A totally new addition for TICAD9 will be a “Pop Culture” zone.

    Africa Lounge will feature the presentation of investment and business information from African governments for Japanese businesspeople interested in doing business in Africa.

    The Event Stage will feature seminars based on business themes and thematic panel discussions by Japanese companies. JETRO is also planning panel discussions that bring together key persons from the African business community, as well as other pop culture and innovation-themed events.

    At the Thematic Exhibitions JETRO will be showcasing the two themes of “Pop Culture” and “Innovation.” The Pop Culture exhibition will highlight the potential for business development utilising content originating from Japan, and the Innovation exhibition will introduce groundbreaking ideas and technology that promise to open up a new future for Africa and Japan.

    In addition to the record number of exhibiting companies and organisations at Japan Fair, the TICAD Business Expo & Conference will incorporate new approaches to exhibitions and planning, including pop culture and innovation, seeking to invigorate business exchanges with Africa in new and unprecedented ways. The event will bring together diverse stakeholders from Japan and Africa and is expected to create new partnerships and business matching opportunities.

    JETRO will use this event as an opportunity to continue to support Japanese companies in raising their visibility and expanding their businesses in the African market.

    Overview

    TICAD9

    Name: Ninth Tokyo International Conference on African Development (TICAD9)
    Date: Wednesday 20 – Friday 22 August 2025
    Organiser: Led by the Government of Japan, and co-hosted by the United Nations, United Nations Development Programme (UNDP), African Union Commission, and the World Bank
    Location: Yokohama, Kanagawa Prefecture
    Official website: (English) https://apo-opa.co/4meBrh8
    (Japanese) https://apo-opa.co/4jSsIzF

    TICAD Business Expo & Conference

    Date: Wednesday 20 – Friday 22 August 2025
    Organiser/Co-Organiser: JETRO, Japan Business Council for Africa (JBCA)
    Supported by: Ministry of Economy, Trade and Industry, Ministry of Foreign Affairs
    Venue: Pacific Yokohama, Hall B & C (Minato-Mirai 1-1-1, Nishi-ku, Yokohama, Kanagawa 220-0012)
    Total area: 10,000 m2  
    Zones: Japan Fair, Africa Lounge, Event Stage, Thematic Exhibitions

    About Japan Fair

    Expected exhibitors: 196 companies and organisations (as of May 13) (excluding duplicates) (including in-booth exhibits)

    *Of the above number, 107 participants are SMEs

    *Participants from 30 Japanese prefectures.
    Yamagata (1), Fukushima (1), Ibaraki (1), Gunma (1), Saitama (2), Chiba (2), Tokyo (111), Kanagawa (18), Niigata (1), Ishikawa (2), Yamanashi (1), Nagano (6), Gifu (1), Shizuoka (2), Aichi (6), Shiga (1), Kyoto (7), Osaka (15), Hyogo (13), Nara (1), Okayama (1), Hiroshima (2), Tokushima (1), Kagawa (2), Ehime (2), Fukuoka (1), Saga (1), Kumamoto (2), Miyazaki (1), Okinawa (2). (Figures in parenthesis indicate number of companies/organisations. Includes companies/organisations with more than one location.)

    *Number of participants by zone:
    Japanese Companies Driving Growth in Africa: 63
    Transforming Infrastructure: 55
    Advancing Healthcare and Sanitation Standards: 24
    Food Value Chain: 23
    Skills for the Future: 14
    Climate Solutions: 14
    Sustainable Urban Development Solutions: 3
    Pop Culture: 2

    Overview and outcomes of Japan-Africa Business Expo held at TICAD7 in 2019

    Date: 28-30 August 2019
    Total area: 6,700 m2
    No. of visitors: Approx. 21,000
    No. of Japan Fair exhibitors: 156 companies/organisations (including 81 SMEs)
    No. of exhibiting countries in Africa Lounge: 45

    Attachment

    List of expected participating companies/organisations  

    About JETRO:
    JETRO is a policy implementation organisation that aims to contribute to the further development of Japan’s economy and society through trade and investment promotion and research on developing countries. With an international and domestic network comprising over 70 overseas offices and approximately 50 domestic operating hubs, including Tokyo Headquarters, JETRO Osaka, the Institute of Developing Economies (IDE) and regional offices, JETRO contributes to Japan’s corporate activities and trade policy through surveys and studies, working agilely and efficiently to support the creation of innovation, exports of agricultural, forestry, and fishery products and foodstuffs, and the overseas expansion of Japanese enterprises.

    MIL OSI – Submitted News

  • MIL-OSI USA: Hageman’s Expedited Appeals Review Act Passes the House of Representatives

    Source: United States House of Representatives – Wyoming Congresswoman Harriet Hageman

    Washington, D.C. – Today, Congresswoman Hageman’s Expedited Appeals Review Act (EARA) passed the House of Representatives. The bill will provide those individuals and businesses appealing before the Department of the Interior’s Board of Land Appeals (IBLA) the opportunity to file for an expedited review so they can quickly go to court in front of a neutral arbiter. 

    Under current law, challengers of an agency decision within the Department of Interior (DOI), must appeal to the IBLA, an administrative court that is also housed within the DOI itself. The use of administrative courts poses a variety of constitutional issues, including in relation to the separation of powers, as the agencies who adopt the regulations then pursue enforcement of them through their own in-house court system, such as the IBLA. This system tips the scale in favor of the agency who enjoy outsized success before their own courts, with the DOI winning 98% of the challenges that are filed before the IBLA and decided on the merits.    

    “After spending three decades practicing law and witnessing cases argued before agency-appointed judges on numerous occasions, and then being forced to wait as the IBLA delayed issuing a decision, it is fulfilling to see this bill to move forward,” Hageman stated. “The government works for the people, not the other way around. The EARA creates an alternative path for expedited review, allowing stakeholders to request an accelerated decision of their appeals within six months of the request. It gives parties the opportunity to expedite the process and pursue an impartial route in circumstances where the IBLA is failing to timely address matters under its review.” 

    House Natural Resource Committee Chairman Bruce Westerman (AR-04) said in support of the bill, “As of today, there are more than 650 backlogged appeals before the Interior Board of Land Appeals, some a decade old. Ms. Hageman’s bill will revive the process and ensure appellants get their day in court by requiring the board to issue final decisions in a timely manner. I thank her for her work on this bill.”  

    The Expedited Appeals Review Act ensures that if IBLA fails to make a decision within 18 months of the appeal being filed, the applicant can demand an expedited review. The IBLA then has six months to resolve the case. Failure to do so allows for the non-agency party to proceed to an Article III district court where they will be granted the opportunity to conduct discovery and develop the administrative record. 

      

    Background:   

    • The IBLA is a regulatorily constructed, pseudo-judicial, administrative court within the Department of the Interior. It oversees appeals of agency actions, including those from the Bureau of Land Management, Bureau of Ocean Energy Management, Bureau of Safety and Environmental Enforcement, Office of Natural Resources Revenue, and Office of Surface Mining Reclamation and Enforcement.
    • The IBLA currently has a backlog of over 650 pending appeals dating back to 2014. The IBLA receives, on average, 290 appeals per fiscal year. Of those cases that are not resolved on jurisdictional or procedural grounds, only 2 percent are decided in favor of the appellant.
    • During an appeal, the agency establishes the administrative record. Frequently, the record is heavily redacted and purposefully excludes documents that favor the appellant. In fact, IBLA judges have explicitly found that the Department compiled administrative records in bad faith and in a biased manner.
    • As a member of the House Judiciary Committee, last year Rep. Hageman spearheaded an oversight hearing titled “Reining in the Administrative State: Agency Adjudication and Other Agency Action” which exposed the unconstitutionality of administrative courts. She has also introduced the Seventh Amendment Restoration Act to enact broader reforms for all administrative courts.
    • Prior to taking office as Wyoming’s lone congressional member, Harriet Hageman was an attorney defending individuals and entities against government agencies, winning cases against several of the agencies that are within the Department of Interior. 
       

    ### 

    MIL OSI USA News

  • MIL-OSI USA: Honoring the Lives of Victims in Tops Shooting

    Source: US State of New York

    overnor Kathy Hochul, City of Buffalo Mayor Christopher P. Scanlon and members of the 5/14 Memorial Commission announced a major milestone for the permanent and living memorial to honor the lives taken and those impacted by the racially motivated mass shooting at Tops on Jefferson Avenue on May 14, 2022. The 5/14 Memorial Commission identified 18 city-owned and privately-owned lots required for the construction of a permanent memorial. The City’s discussions with private property owners have successfully concluded, with three owners willing to donate or sell the remaining four parcels needed for the memorial. As a result, all 18 lots required for the memorial have now been designated for a unified site, and the acquisition of all parcels marks a critical step forward for the 5/14 Memorial Foundation Inc. to enter detailed phases of design, engineering, permitting, and fundraising.

    “The 5/14 Memorial will stand not only as a tribute to the lives lost and forever changed on May 14, 2022, but also as a powerful symbol of resilience, remembrance, and justice,” Governor Hochul said. “Today marks a profound and pivotal moment in our shared journey toward healing the pain caused on that tragic day and ensuring the legacy of those lost endures for generations to come.”

    Buffalo Mayor Christopher P. Scanlon said, “As we approach three years since the horrific racially motivated attack on May 14th, today’s announcement isn’t just about transferring property — it’s about the next step creating a permanent and living space that reflects the strength of the East Side community and ensures that the lives we lost are never forgotten. I want to thank Governor Hochul, the 5/14 Memorial Foundation Inc., the Buffalo Common Council, and all stakeholders for coming together to make this possible.”

    5/14 Memorial Foundation Inc. Chairman Rev. Mark Blue said, “This moment represents a significant milestone in our collective journey to push forward as a community and honor the lives taken from us on May 14th, 2022. We are deeply grateful to Governor Hochul, Mayor Scanlon, the Common Council, and the members of this community who have worked in partnership with us to achieve site control. This brings us one step closer to creating a permanent space for healing, reflection, and education.”

    Buffalo Common Council Majority Leader, Ellicott District Councilmember Leah M. Halton-Pope said, “This moment represents more than a transfer of land — it is a transfer of purpose, of collective will, and of deep resolve to remember those we lost on May 14th and the community that continues to rise in their honor. The establishment of a permanent and living memorial affirms that Black lives matter, that the East Side of Buffalo matters, and that the legacy of those ten beautiful souls will forever be etched not only in stone, but in our city’s conscience. I’m proud to stand with my colleagues, Governor Hochul, Mayor Scanlon, and the 5/14 Memorial Commission as we take this next step forward — grounded in remembrance and committed to healing.”

    Today, the Common Council approved the sale of 14 city-owned parcels at the designated memorial site to the 5/14 Memorial Foundation. The City of Buffalo submitted a Designated Developer Agreement, which was approved by the Buffalo Common Council, to establish site control at the corner of Jefferson Avenue and Best Street, the future site for the 5/14 permanent and living memorial. The agreement outlines the sale of city-owned parcels to the 5/14 Memorial Foundation Inc. and sets forth land use conditions and long-term responsibilities for the Foundation to develop and maintain the site as a public memorial space.

    About the 5/14 Memorial

    The 5/14 Memorial Commission, established in October 2022 by Governor Kathy Hochul and then-Mayor Byron W. Brown, unveiled the final design for the memorial, titled “Seeing Us,” on May 13, 2024. Designed by Jin Young Song and Douglass Alligood, the memorial features ten interconnected stone pillars inscribed with the names of the lives taken and survivors, each with a unique arc and height. A sweeping support building will serve as a central hub for education, exhibitions, community activities, and events, with an elevated Memorial Walk on its roof. The design was selected through a comprehensive public engagement process, including community meetings and surveys.

    The estimated cost for the memorial is approximately $15 million. To date, New York State has committed $5 million, and the City of Buffalo has pledged $1 million toward the project. The 5/14 Memorial Commission has designated the newly created 5/14 Memorial Foundation to initiate a yearlong fundraising campaign to secure the remaining funds necessary to commence construction.

    Representative Tim Kennedy said, “Our community was permanently scarred by the events of May 14, 2022. While that pain will never go away, the new permanent site for this memorial will create a place of comfort and healing where Western New Yorkers can come together in love and unity. I thank the members of the 5/14 Memorial Commission, Mayor Scanlon, and the Common Council for their collaborative work to identify and secure this site. The City of Good Neighbors will respond to hatred and violence with hope and unity.”

    Assembly Majority Leader Crystal Peoples-Stokes said, “The acquisition of land is another positive step towards creating a lasting memorial honoring the lives lost, the lives forever changed, and the community that stood together in the face of anti-Black racism. We have more hills to climb and we will climb them. I want to thank Governor Kathy Hochul, City of Buffalo Mayor Christopher Scanlon, the City of Buffalo Common Council, community leaders and the 5/14 Memorial Foundation, Inc for helping to bring the memorial one step closer to reality.”

    State Senator April N.M. Baskin said, “May 14, 2022, is a tragic day that will live in infamy throughout Buffalo, Western New York, and beyond. We lovingly remember our 10 neighbors who were senselessly murdered that day as well as the individuals injured and those who face irreversible trauma from the attack on our community. As we work on many initiatives to improve the societal conditions that made East Buffalo a vulnerable target on 5/14, I am pleased that we are making strides to establish a tangible Memorial that will stand as a timeless symbol of that fateful day.”

    State Senator Sean Ryan said, “Three years after the racist attack on 5/14, the memories of that horrible day are still fresh in all of our minds. The anger, sorrow, and grief we felt that day are still inside, but we have begun to build our lives around them. This memorial will be a solemn tribute to the friends, loved ones, and neighbors lost that day, celebrating them and memorializing them for all time. It will also serve as a reminder of our community’s resilience in the wake of tragedy. Thank you to Governor Hochul and our partners in government who have worked together to make this tribute possible.”

    Buffalo Common Council President Bryan Bollman said, “The land transfer for the 5/14 Memorial marks a vital step forward in honoring the 10 lives lost, the families forever changed, and the community that continues to heal. We will never forget the pain of that day, but we move forward with purpose, committed to remembrance, justice, and unity. I commend Governor Hochul, Mayor Scanlon, former Mayor Brown, and the 5/14 Memorial Commission for their leadership in ensuring this sacred space will stand as a permanent reminder that love will always triumph over hate.”

    Masten District Council Woman and 5/14 Commission Member Zeneta B. Everhart said, “It has been an honor to serve on the 5/14 Memorial Commission and Foundation for nearly three years. As we approach the 3rd memorial anniversary I am reminded of the 10 lives stolen from us, the survivors including my son Zaire Goodman, and the dozens of residents impacted by the hate fueled massacre on 5/14/2022. I want to thank the Mayor and my colleagues on the Council for making the process for acquiring these properties seamless so that we can begin building an honor space in remembrance of 5/14. I would also like to thank the donors who selflessly gave their properties and those who were so willing to sell their properties so that we could make this memorial a reality. This memorial will be a living breathing entity that will not only teach the community about the horrific events of 5/14, but it will be a space that teaches the history of African Americans for generations to come.”

    MIL OSI USA News

  • MIL-OSI: Westport Fuel Systems Reports First Quarter 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, May 13, 2025 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“Westport“) (TSX:WPRT / Nasdaq:WPRT) reported financial results for the first quarter ended March 31, 2025, and provided an update on operations. All figures are in U.S. dollars unless otherwise stated.

    “We continue to make significant strides in transforming Westport and sharpening our strategic focus. Our priorities remain clear: driving success through Cespira, our HPDI joint venture with Volvo Group; pursuing operational excellence through initiatives to streamline processes and reduce costs; and positioning Westport at the forefront of the alternative fuel shift.

    These priorities are guiding us as we work towards a brighter future. We’re seeing the impact of our efforts in our recent results – we significantly improved our net loss to $2.5 million in Q1 of 2025 from a net loss of $13.6 million in Q1 of 2024. This was supported by a $3.5 million increase in gross profit and an $8.1 million decrease in operating expenses. We also reported a substantial improvement in adjusted EBITDA as compared to the same period of the prior year.

    Looking to the future, with the announcement of the proposed sale of our light-duty business, Westport is realigning to focus on the hard-to-decarbonize applications primarily in long-haul and heavy-duty trucking where our unique HPDI and high-pressure technologies offer significant growth potential. Critically, this transaction is designed to provide immediate cash proceeds that bolster our balance sheet and fund growth opportunities in Cespira and the High-Pressure Controls & Systems business.

    Now, the conversation has changed. Our attendance at the Advanced Clean Transportation Expo or ACT Expo, the largest showcase of clean transportation technologies in North America, validated our view that the market recognizes that the internal combustion engine utilizing alternative fuels is an affordable solution that also decarbonizes long-haul, heavy-duty transport. Westport is the clean-tech innovation company to help drive this change. Through Cespira, the HPDI fuel system does the on-engine work to our High Pressure Controls and Systems business where our components do the off-engine work we are providing OEMs with simplified solutions to decarbonize.

    Volvo recently highlighted that demand for their gas-powered trucks that utilize HPDI technology has been increasing, with sales up more than 25% in 2024, a trend that we saw continue into Q1 with Cespira delivering improved revenue driven by increased volumes as compared to Q1 of 2024. While we remain focused on scaling our alternative fuel solutions, including LNG, CNG, RNG, and hydrogen systems, we are matching the cleanest gaseous fuels with the most efficient engine technologies. We are committed to delivering practical, commercially viable low-carbon solutions today and providing sustainable, high-performance solutions that help our customers achieve their goals now and for years to come.”

    Dan Sceli, Chief Executive Officer

    Q1 2025 Highlights

    • Revenues decreased 9% to $71.0 million compared to the same period in 2024, primarily driven by decreased sales volumes in our Heavy-Duty OEM and High-Pressure Controls & Systems segments. This was partially offset by increased sales in our Light-Duty segment in the quarter. In Q1 2024, our Heavy-Duty OEM segment included the financial results of the HPDI business which are now accounted for as part of the Cespira joint venture.
    • Net loss of $2.5 million for the quarter compared to net loss of $13.6 million for the same quarter last year. The decrease in net loss was driven by a $3.5 million increase in gross profit, decrease in operating expenditures by $8.1 million; change in foreign exchange gain or loss by $2.3 million and an increase in loss from investments accounted for by the equity method of $3.8 million.
    • Adjusted EBITDA[1] of nil  compared to negative $6.6 million for the same period in 2024.
    • Cash and cash equivalents were $32.6 million at the end of the first quarter. Cash used in operating activities during the quarter was $4.9 million with net cash used by working capital of $8.1 million, partially offset by operating income of $1.7 million. Investing activities included the collection of $10.5 million in a holdback receivable related to our previous sale of CWI to Cummins in 2022, capital contribution into Cespira of $4.7 million and purchase of capital assets of $3.1 million. Cash used in financing activities was attributed to net debt repayments of $3.9 million in the quarter.

    [1] Adjusted earnings before interest, taxes and depreciation is a non-GAAP measure. Please refer to NON-GAAP FINANCIAL MEASURES in Westport’s Management Discussion and Analysis for the reconciliation.

    Consolidated Results      Over /   
    ($ in millions, except per share amounts)     (Under)   
      1Q25 1Q24 %  
    Revenue $ 71.0   $ 77.6   (9 )%
    Gross Profit(2)   15.2     11.7   30 %
    Gross Margin(2)   21 %   15 %  
    Income (loss) from Investments Accounted for by the Equity Method(1)   (3.8 )     (100 )%
    Net Loss   (2.5 )   (13.6 ) 82 %
    Net Loss per Share – Basic   (0.14 )   (0.79 ) 82 %
    Net Loss per Share – Diluted   (0.14 )   (0.79 ) 82 %
    EBITDA (2)   (0.1 )   (9.2 ) 99 %
    Adjusted EBITDA (2)       (6.6 ) 100 %

    (1) This includes income or loss primarily from our investments in Cespira and Minda Westport Technologies Limited
    (2) Gross margins, EBITDA and Adjusted EBITDA are non-GAAP measures. Please refer to GAAP and NON-GAAP FINANCIAL MEASURES for the reconciliation to equivalent GAAP measures and limitations on the use of such measures.

    Segment Information

    Light-Duty

    Revenue for the three months ended March 31, 2025 was $64.2 million compared with $63.3 million for the three months ended March 31, 2024. Light-Duty revenue increased by $0.9 million compared to the prior year and was primarily driven by increase in sales in our light-duty OEM and DOEM businesses. The light-duty OEM business had an increase in sales from its Euro 6 program compared to the prior year. In the first quarter of 2024, DOEM had a significant decrease in sales to a customer. This was partially offset by lower sales in our IAM, electronics and fuel storage businesses compared to the prior year.

    Gross profit for the three months ended March 31, 2025 increased by $1.6 million to $14.0 million, or 22% of revenue, compared to $12.4 million, or 20% of revenue, for the same prior year period. This was primarily driven by a change in sales mix with an increase in sales to European customers and a reduction in sales to developing regions.

    High Pressure Controls & Systems

    Revenue for the three months ended March 31, 2025 was $1.4 million compared with $2.4 million for the three months ended March 31, 2024. The decrease in revenue for the three months ended March 31, 2025 compared to the prior year was primarily driven by the hydrogen industry slowdown impacting demand for hydrogen components.

    Gross profit for the three months ended March 31, 2025 decreased by $0.2 million to $0.2 million, or 14% of revenue, compared to $0.4 million, or 17% of revenue, for the same prior year period. This was primarily driven by lower sales volumes increasing the per unit manufacturing costs in the quarter.

    Heavy-Duty Original Equipment Manufacturer (“OEM”)

    Revenue for the three months ended March 31, 2025 was $5.4 million, compared to $11.9 million for the prior year. The decrease in revenue for the three months ended March 31, 2025 is a result of the continuation of the business in Cespira. The revenue earned in the current quarter was from our services provided under the transitional service agreement with Cespira that is expected to end by Q2 2026.

    Gross profit for the three months ended March 31, 2025 increased by $2.1 million to $1.0 million, or 19% of revenue, compared to negative $1.1 million or negative 9% of revenue, for the same prior year period. The Heavy-Duty OEM segment received $0.9million in credits from component suppliers for inventory sold in the quarter.

    Selected Cespira Statements of Operations Data

    We account for Cespira using the equity method of accounting. However, due to its significance to our long-term strategy and operating results, we disclose certain Cespira’s financial information in notes 7 and 17 of our interim financial statements for the three months ended March 31, 2025.

    The following table sets forth a summary of the financial results of Cespira for the three months ended March 31, 2025 .

    (in millions of U.S. dollars)   Three months ended March 31,   Change
          2025       2024     $   %
    Total revenue   $ 16.7     $     $ 16.7     %
    Gross profit   $ 0.5     $     $ 0.5     %
    Gross margin1     3 %     %        
    Operating loss   $ (7.1 )   $     $ (7.1 )   %
    Net loss attributable to the Company   $ (3.9 )   $     $ (3.9 )   %

    1Gross margin is non-GAAP financial measure. See the section ‘Non-GAAP Financial Measures’ for explanations and discussions of these non-GAAP financial measures or ratios.

    Revenue

    Cespira revenues for the three months ended March 31, 2025 were $16.7 million. In the prior year, the Heavy-Duty OEM segment, which included our HPDI business, had revenues of $11.9 million. This was primarily driven by an increase in HPDI fuel systems sold in the period.

    Gross Profit

    Gross profit was $0.5 million for the three months ended March 31, 2025. In the prior year, the Heavy-Duty OEM segment had negative $1.1 million in gross profit primarily driven by the increase in sales volumes compared to the prior year and reductions in manufacturing cost.

    Operating loss

    Cespira incurred operating losses of $7.1 million for the three months ended March 31, 2025. Cespira continues to incur operating losses as it scales its operations and expand into other markets.

    Q1 2025 Conference Call
    Westport has scheduled a conference call for May 14, 2025, at 7:00 am Pacific Time (10:00 pm Eastern Time) to discuss these results. To access the conference call please register at
    https://register-conf.media-server.com/register/BI73bcac200e5f4652873668cf803d72ed

    The live webcast of the conference call can be accessed through the Westport website at
    https://investors.wfsinc.com/.

    Participants may register up to 60 minutes before the event by clicking on the call link and completing the online registration form. Upon registration, the user will receive dial-in info and a unique PIN, along with an email confirming the details.

    The webcast will be archived on Westport’s website at https://investors.wfsinc.com.

    Financial Statements and Management’s Discussion and Analysis

    To view Westport financials for the first quarter ended March 31st, 2025, please visit https://investors.wfsinc.com/financials/

    About Westport Fuel Systems

    At Westport Fuel Systems, we are driving innovation to power a cleaner tomorrow. We are a leading supplier of advanced fuel delivery components and systems for clean, low-carbon fuels such as natural gas, renewable natural gas, propane, and hydrogen to the global automotive industry. Our technology delivers the performance and fuel efficiency required by transportation applications and the environmental benefits that address climate change and urban air quality challenges. Headquartered in Vancouver, Canada, with operations in Europe, Asia, North America, and South America, we serve our customers in approximately 70 countries with leading global transportation brands. At Westport Fuel Systems, we think ahead. For more information, visit www.wfsinc.com.

    Cautionary Note Regarding Forward Looking Statements
    This press release contains forward-looking statements, including statements regarding future strategic initiatives and future growth, future of our development programs (including those relating to HPDI and Hydrogen), our expectations for 2024 and beyond, including the demand for our products, and the future success of our business and technology strategies. These statements are neither promises nor guarantees, but involve known and unknown risks and uncertainties and are based on both the views of management and assumptions that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activities, performance or achievements expressed in or implied by these forward looking statements. These risks, uncertainties and assumptions include those related to our revenue growth, operating results, industry and products, the general economy, conditions of and access to the capital and debt markets, solvency, governmental policies and regulation, technology innovations, fluctuations in foreign exchange rates, operating expenses, continued reduction in expenses, ability to successfully commercialize new products, the performance of our joint ventures, the availability and price of natural gas and hydrogen, new environmental regulations, the acceptance of and shift to natural gas and hydrogen vehicles,fuel emission standards, the development of competing technologies, our ability to adequately develop and deploy our technology, the actions and determinations of our joint venture and development partners, the effects and duration of the Russia-Ukraine conflict, supply chain disruptions as well as other risk factors and assumptions that may affect our actual results, performance or achievements or financial position discussed in our most recent Annual Information Form and other filings with securities regulators. Readers should not place undue reliance on any such forward-looking statements, which speak only as of the date they were made. We disclaim any obligation to publicly update or revise such statements to reflect any change in our expectations or in events, conditions or circumstances on which any such statements may be based, or that may affect the likelihood that actual results will differ from those set forth in these forward-looking statements except as required by National Instrument 51-102.

    Contact Information
    Investor Relations
    Westport Fuel Systems
    T: +1 604-718-2046

    GAAP and Non-GAAP Financial Measures

    Our financial statements are prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”). These U.S. GAAP financial statements include non-cash charges and other charges and benefits that may be unusual or infrequent in nature or that we believe may make comparisons to our prior or future performance difficult. In addition to conventional measures prepared in accordance with U.S. GAAP, Westport and certain investors use EBITDA and Adjusted EBITDA as an indicator of our ability to generate liquidity by producing operating cash flow to fund working capital needs, service debt obligations and fund capital expenditures. Management also uses these non-GAAP measures in its review and evaluation of the financial performance of Westport. EBITDA is also frequently used by investors and analysts for valuation purposes whereby EBITDA is multiplied by a factor or “EBITDA multiple” that is based on an observed or inferred relationship between EBITDA and market values to determine the approximate total enterprise value of a company. We believe that these non-GAAP financial measures also provide additional insight to investors and securities analysts as supplemental information to our U.S. GAAP results and as a basis to compare our financial performance period-over-period and to compare our financial performance with that of other companies. We believe that these non-GAAP financial measures facilitate comparisons of our core operating results from period to period and to other companies by, in the case of EBITDA, removing the effects of our capital structure (net interest income on cash deposits, interest expense on outstanding debt and debt facilities), asset base (depreciation and amortization) and tax consequences. Adjusted EBITDA provides this same indicator of Westports’ EBITDA from continuing operations and removing such effects of our capital structure, asset base and tax consequences, but additionally excludes any unrealized foreign exchange gains or losses, stock-based compensation charges and other one-time impairments and costs which are not expected to be repeated in order to provide greater insight into the cash flow being produced from our operating business, without the influence of extraneous events.

    Segment Information

    EBITDA and Adjusted EBITDA are intended to provide additional information to investors and analysts and do not have any standardized definition under U.S. GAAP, and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with U.S. GAAP. EBITDA and Adjusted EBITDA exclude the impact of cash costs of financing activities and taxes, and the effects of changes in operating working capital balances, and therefore are not necessarily indicative of operating profit or cash flow from operations as determined under U.S. GAAP. Other companies may calculate EBITDA and Adjusted EBITDA differently.

    Segment earnings or losses before income taxes, interest, depreciation, and amortization (“Segment EBITDA”) is the measure of segment profitability used by the Company. The accounting policies of our reportable segments are the same as those applied in our consolidated financial statements. Management prepared the financial results of the Company’s reportable segments on basis that is consistent with the manner in which Management internally disaggregates financial information to assist in making internal operating decisions. Certain common costs and expenses, primarily corporate functions, among segments differently than we would for stand-alone financial information prepared in accordance with GAAP. These include certain costs and expenses of shared services, such as IT, human resources, legal, finance and supply chain management. Segment EBITDA is not defined under US GAAP and may not be comparable to similarly titled measures used by other companies and should not be considered a substitute for net earnings or other results reported in accordance with GAAP. Reconciliations of reportable segment information to consolidated statement of operations can be found in section “NON-GAAP FINANCIAL MEASURES & RECONCILIATIONS” within this press release.

      Three months ended March 31, 2025
      Light-Duty   High-Pressure Controls & Systems   Heavy-Duty OEM   Cespira   Total Segment
    Revenue $ 64.2   $ 1.4     $ 5.4   $ 16.7     $ 87.7
    Cost of revenue   50.2     1.2       4.4     16.2       72.0
    Gross profit   14.0     0.2       1.0     0.5       15.7
    Operating expenses:
    Research & development   3.0     1.0       0.1     3.1       7.2
    General & administrative   4.1     0.3       0.1     2.7       7.2
    Sales & marketing   2.3     0.1           0.3       2.7
    Depreciation & amortization   0.7     0.1           0.7       1.5
        10.1     1.5       0.2     6.8       18.6
    Equity income (note 8)   0.1                     0.1
    Add back: Depreciation & amortization   1.9     0.1           1.6       3.6
    Segment EBITDA $ 5.9   $ (1.2 )   $ 0.8   $ (4.7 )   $ 0.8
      Three months ended March 31, 2024
      Light-Duty   High-Pressure Controls & Systems   Heavy-Duty OEM   Total Segment
    Revenue $ 63.3   $ 2.4     $ 11.9     $ 77.6  
    Cost of revenue   50.9     2.0       13.0       65.9  
    Gross profit   12.4     0.4       (1.1 )     11.7  
    Operating expenses:              
    Research & development   3.6     1.3       2.8       7.7  
    General & administrative   3.7     0.2       1.8       5.7  
    Sales & marketing   2.1     0.2       0.5       2.8  
    Depreciation & amortization   0.6     0.1       0.1       0.8  
        10.0     1.8       5.2       17.0  
    Equity income                    
    Add back: Depreciation & amortization   1.5     0.1       1.4       3.0  
    Segment EBITDA $ 3.9   $ (1.3 )   $ (4.9 )   $ (2.3 )
    Gross Profit    
    (expressed in millions of U.S. dollars) 1Q25   1Q24
    Three months ended  
    Revenue $ 71.0     $ 77.6  
    Less: Cost of revenue   55.8       65.9  
    Gross profit   15.2       11.7  
    Gross margin %   21.4 %     15.1 %
      Three months ended March 31, 2025
      Total Segment   Less: Cespira   Add: Corporate & unallocated   Total Consolidated
    Revenue $ 87.7   $ 16.7   $     $ 71.0  
    Cost of revenue   72.0     16.2           55.8  
    Gross profit   15.7     0.5           15.2  
    Operating expenses:
    Research & development   7.2     3.1           4.1  
    General & administrative   7.2     2.7     1.9       6.4  
    Sales & marketing   2.7     0.3     0.3       2.7  
    Depreciation & amortization   1.5     0.7           0.8  
        18.6     6.8     2.2       14.0  
    Equity income (loss)   0.1         (3.9 )     (3.8 )
      Three months ended March 31, 2024
      Total Segment   Add: Corporate & unallocated   Total Consolidated
    Revenue $ 77.6   $   $ 77.6
    Cost of revenue   65.9         65.9
    Gross profit   11.7         11.7
    Operating expenses:
    Research & development   7.7         7.7
    General & administrative   5.7     4.7     10.4
    Sales & marketing   2.8     0.4     3.2
    Depreciation & amortization   0.8     0.2     1.0
        17.0     5.3     22.3
    Equity income          
    Reconciliation of Segment EBITDA to Loss before income taxes   Three months ended March 31,
        2025       2024  
    Total Segment EBITDA   $ 0.8     $ (2.3 )
    Adjustments:
    Depreciation & amortization     2.0       3.0  
    Cespira’s Segment EBITDA     (4.7 )      
    Cespira’s equity loss     3.9        
    Corporate and unallocated operating expenses     2.2       5.3  
    Foreign exchange loss     (0.5 )     1.8  
    Interest on long-term debt and accretion of royalty payable     0.7       0.8  
    Interest and other income, net of bank charges     (0.9 )     (0.3 )
    Loss before income taxes   $ (1.9 )   $ (12.9 )
    EBITDA and Adjusted EBITDA        
    (expressed in millions of U.S. dollars)   1Q25   1Q24
    Three months ended    
    Loss before income taxes   $ (1.9 )   $ (12.9 )
    Interest expense (income), net     (0.2 )     0.5  
    Depreciation and amortization     2.0       3.2  
    EBITDA     (0.1 )     (9.2 )
    Stock based compensation (recovery)     0.3       0.3  
    Unrealized foreign exchange (gain) loss     (0.5 )     1.8  
    Severance costs           0.5  
    Restructuring costs     0.3        
    Adjusted EBITDA   $     $ (6.6 )
    WESTPORT FUEL SYSTEMS INC.
    Condensed Consolidated Balance Sheets (unaudited)
    (Expressed in thousands of United States dollars, except share amounts)
    March 31, 2025 and December 31, 2024
     
        March 31, 2025   December 31, 2024
    Assets        
    Current assets:        
    Cash and cash equivalents (including restricted cash)   $ 32,637     $ 37,646  
    Accounts receivable     66,634       73,054  
    Inventories     63,214       53,526  
    Prepaid expenses     6,551       5,660  
    Total current assets     169,036       169,886  
    Long-term investments     40,052       39,732  
    Property, plant and equipment     45,314       41,956  
    Operating lease right-of-use assets     19,249       19,019  
    Intangible assets     5,174       5,277  
    Deferred income tax assets     10,261       9,695  
    Goodwill     2,996       2,876  
    Other long-term assets     3,163       3,180  
    Total assets   $ 295,245     $ 291,621  
    Liabilities and shareholders’ equity        
    Current liabilities:        
    Accounts payable and accrued liabilities   $ 93,127     $ 88,123  
    Current portion of operating lease liabilities     2,750       2,624  
    Current portion of long-term debt     13,225       14,660  
    Current portion of warranty liability     4,013       3,861  
    Total current liabilities     113,115       109,268  
    Long-term operating lease liabilities     16,560       16,433  
    Long-term debt     17,915       19,067  
    Warranty liability     1,603       1,456  
    Deferred income tax liabilities     4,063       4,029  
    Other long-term liabilities     4,391       4,343  
    Total liabilities     157,647       154,596  
    Shareholders’ equity:        
    Share capital:        
    Unlimited common and preferred shares, no par value        
    17,326,732 (2024 – 17,282,934) common shares issued and outstanding     1,246,408       1,245,805  
    Other equity instruments     9,081       9,472  
    Additional paid in capital     11,516       11,516  
    Accumulated deficit     (1,098,726 )     (1,096,275 )
    Accumulated other comprehensive loss     (30,681 )     (33,493 )
    Total shareholders’ equity     137,598       137,025  
    Total liabilities and shareholders’ equity   $ 295,245     $ 291,621  
    WESTPORT FUEL SYSTEMS INC.
    Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (unaudited)
    (Expressed in thousands of United States dollars, except share and per share amounts)
    Three months ended March 31, 2025 and 2024
     
        Three months ended March 31,
          2025       2024  
    Revenue   $ 70,955     $ 77,574  
    Cost of revenue     55,730       65,851  
    Gross profit     15,225       11,723  
    Operating expenses:        
    Research and development     4,052       7,693  
    General and administrative     6,397       10,353  
    Sales and marketing     2,758       3,287  
    Foreign exchange (gain) loss     (456 )     1,820  
    Depreciation and amortization     740       1,043  
          13,491       24,196  
    Income (loss) from operations     1,734       (12,473 )
             
    Income (loss) from investments accounted for by the equity method     (3,799 )     31  
    Interest on long-term debt     (676 )     (812 )
    Interest and other income, net of bank charges     869       341  
    Loss before income taxes     (1,872 )     (12,913 )
    Income tax expense     579       735  
    Net loss for the period     (2,451 )     (13,648 )
    Other comprehensive income (loss):        
    Cumulative translation adjustment     3,641       (430 )
    Ownership share of equity method investments’ other comprehensive loss     (829 )      
          2,812       (430 )
    Comprehensive income (loss)   $ 361     $ (14,078 )
             
    Loss per share:        
    Net loss per share – basic and diluted   $ (0.14 )     (0.79 )
    Weighted average common shares outstanding:        
    Basic and diluted     17,322,681       17,220,540  
    WESTPORT FUEL SYSTEMS INC.
    Condensed Consolidated Statements of Cash Flows (unaudited)
    (Expressed in thousands of United States dollars)
    Three months ended March 31, 2025 and 2024
     
        Three months ended March 31,
          2025       2024  
    Operating activities:        
    Net loss for the period   $ (2,451 )   $ (13,648 )
    Adjustments to reconcile net loss to net cash provided by (used in) operating activities:        
    Depreciation and amortization     1,930       3,247  
    Stock-based compensation expense     212       331  
    Unrealized foreign exchange (gain) loss     (456 )     1,820  
    Deferred income tax (recovery)     (33 )     (40 )
    Loss (income) from investments accounted for by the equity method     3,799       (31 )
    Interest on long-term debt     22       22  
    Change in inventory write-downs     223       413  
    Change in bad debt expense     (33 )     (121 )
    Other           (248 )
    Changes in operating assets and liabilities:        
    Accounts receivable     (2,072 )     12,526  
    Inventories     (7,502 )     (7,434 )
    Prepaid expenses     (415 )     (400 )
    Accounts payable and accrued liabilities     2,840       4,725  
    Warranty liability     (963 )     (1,020 )
    Net cash provided by (used in) operating activities     (4,899 )     142  
    Investing activities:        
    Purchase of property, plant and equipment     (3,142 )     (4,893 )
    Proceeds on sale of assets     82       135  
    Proceeds from holdback receivable     10,450        
    Capital contributions to investments accounted for by the equity method (note 7)     (4,686 )      
    Net cash used in investing activities     2,704       (4,758 )
    Financing activities:        
    Repayments of operating lines of credit and long-term facilities     (3,918 )     (17,689 )
    Drawings on operating lines of credit and long-term facilities           11,848  
    Net cash used in financing activities     (3,918 )     (5,841 )
    Effect of foreign exchange on cash and cash equivalents     1,104       (494 )
    Net decrease in cash and cash equivalents     (5,009 )     (10,951 )
    Cash and cash equivalents, beginning of period (including restricted cash)     37,646       54,853  
    Cash and cash equivalents, end of period (including restricted cash)   $ 32,637     $ 43,902  

    The MIL Network

  • MIL-OSI USA: Ezell, Nehls, Rutherford Introduce Bipartisan Resolution Supporting America’s Law Enforcement Professionals

    Source: United States House of Representatives – Congressman Mike Ezell (Mississippi 4th District)

    Congressmen Mike Ezell (MS-04), Troy Nehls (TX-22), and John Rutherford (FL-05) have introduced a bipartisan concurrent resolution in the House expressing strong support for America’s law enforcement professionals.

    Original co-sponsors of the resolution are representatives Barry Moore (AL-01), Ken Calvert (CA-41), Nicole Malliotakis (NY-11), Bill Huizenga (MI-04), Mike Rogers (AL-03), Dusty Johnson (SD-At Large), Amata Radewagen (AS-At Large), Mike Collins (GA-10), and Josh Riley (NY-19).

    The resolution recognizes the dedication, sacrifice, and service of over 800,000 law enforcement officers across the country who risk their lives every day to protect and serve their communities. It also highlights the rising dangers faced by officers, including increased assaults, traumatic stress, and staffing shortages, and calls on all levels of government to ensure officers receive the tools, resources, and respect they need.

    “As a former sheriff with four decades in law enforcement, I know firsthand what it means to put on the badge and serve your community,” Ezell said. “This resolution is about showing our law enforcement professionals that Congress stands with them, not just in words, but through meaningful support. We honor their service, we mourn those we’ve lost, and we commit to making sure every officer has what they need to do their job safely and effectively.”

    “As a former law enforcement officer and Texas Sheriff, I know all too well the sacrifices our men and women in blue make to protect and serve our communities,” Nehls said. “I’m proud to join my colleague, Congressman Ezell, in introducing a resolution that demonstrates our unwavering support for our nation’s law enforcement officers. Our brave police officers deserve our support. In Congress, I will always back the blue.”

    “As a law enforcement officer for 40 years, including 12 years as Jacksonville Sheriff, I dedicated my life to protecting and serving my Northeast Florida community alongside our finest men and women,” Rutherford said. “I understand the dangers our officers face every day they put their uniforms on and kiss their families goodbye. That’s why I am proud to stand with Representative Ezell and Senator Cassidy to recognize the service and sacrifice of America’s law enforcement officers. We must pass strong bills in Congress that back our law enforcement officers and provide them with the tools they need to safely do their jobs. Anything less than that is not good enough for those putting their lives on the line each and every day.”

    “I would like to express my sincere appreciation to Congressman Mike Ezell for his support of law enforcement across the country,” said Mathew Silverman, National President of the Federal Law Enforcement Officers Association. “As a nation facing many challenges, we need more legislators to step forward and support law enforcement at all levels of government so we can best serve the American people, together.”

    “Congressman Ezell’s resolution is a powerful affirmation of the service, sacrifice, and daily challenges faced by law enforcement. It sends a clear message that our Officers and their families are not forgotten, and that their well-being and safety remain a national priority,” Sheriff Kieran Donahue, Canyon County, ID President, National Sheriffs’ Association said.

    The resolution calls for:

    • Greater investment in officer safety and wellness,
    • Increased penalties for violence against police,
    • Expanded mental health resources for officers, and
    • Renewed support for training, equipment, and staffing needs, particularly in underserved and rural areas.

    ###

    MIL OSI USA News

  • MIL-OSI USA: Luke Letlow Post Office Established in Rayville, Louisiana

    Source: United States House of Representatives – Congresswoman Julia Letlow (LA-05)

    RAYVILLE, LA – Today in Richland Parish, the Rayville Post Office was officially renamed the “Luke Letlow Post Office Building” in honor of the late Congressman-elect Luke Letlow.

    Congresswoman Letlow lost her husband Luke to COVID-19 on December 29, 2020, following his election to Congress and after years of service in both the federal and state governments.

    The recognition in Letlow’s home parish was made possible by legislation carried by House Majority Leader Steve Scalise and signed into law late last year.

    Congresswoman Julia Letlow, former Congressman Ralph Abraham, and a large crowd of family and friends gathered at the post office today to celebrate the recognition.

    “The Luke Letlow Post Office will stand as a monument to Luke’s servant’s heart and his dedication to the rural communities in north Louisiana,” said Congresswoman Julia Letlow. “Luke was passionate about bringing people together – especially in places like Richland Parish. He never met a stranger, and he considered helping others through public service to be his highest calling. With this recognition, his legacy will live on in the place he called home.”

    MIL OSI USA News

  • MIL-OSI USA: Rep. Young Kim Leads Bipartisan Bill to Support Small Businesses

    Source: United States House of Representatives – Representative Young Kim (CA-39)

    Washington, DC – Today, U.S. Representatives Young Kim (CA-40) and Josh Gottheimer (NJ-05) introduced the Improving Access to Small Business Information Act, a bipartisan bill to reduce red tape and streamline the process to gather timely information at the Securities and Exchanges Commission (SEC) Office of the Advocate for Small Business Capital Formation. 

    The Improving Access to Small Business Information Act would amend the Securities Exchange Act of 1934 to specify that actions—like conducting field surveys—of the Advocate for Small Business Capital Formation are not a collection of information under the Paper Reduction Act (PRA).  

    “The better information the federal government can gather, the better Congress and the public can identify policy gaps and help small businesses access capital they need,” said Congresswoman Young Kim. “I’m proud to lead a bipartisan bill to streamline small business information gathering so our policies can keep up with economic growth and help entrepreneurs across the nation. This simple bill can hopefully make a big difference in helping our government work better for entrepreneurs who keep our economies running.”  

    “Small businesses are the backbone of our communities in Jersey. That’s why I’m proud to help lead the bipartisan Improving Access to Small Business Information Act, which cuts outdated red tape and ensures that the federal government can better understand how to support small business owners from all backgrounds,” said Congressman Josh Gottheimer (NJ-5). “In Congress, I’m dedicated to making our government more efficient so that we can improve access to capital for small businesses, create good-paying jobs, and unleash more economic opportunity.” 

    Read the bill HERE.

    MIL OSI USA News

  • MIL-OSI Security: ICYMI-Deputy Secretary Edgar: “An Illegal Immigrant Killed Two Teenagers In My Community. Under The Trump Administration, He Will Face Justice”

    Source: US Department of Homeland Security

    ICYMI-Deputy Secretary Edgar: “An Illegal Immigrant Killed Two Teenagers In My Community. Under The Trump Administration, He Will Face Justice” 

    Oscar Ortega-Anguiano is set to be released from prison after serving just three-and-a-half years of his 10-year sentence for the killing of Anya Varfolomeev and Nikolay Osokin 

    WASHINGTON – Today, the Washington Examiner published Homeland Security Deputy Secretary Troy Edgar’s Op-Ed in the Washington Examiner titled, “An Illegal Immigrant Killed Two Teenagers In My Community. Under the Trump Administration, He Will Face Justice.”  

    The Op-Ed highlights the story of Anya Varfolomeev and Nikolay Osokin, two 19-year-olds that were killed in 2021 by an illegal alien who was driving under the influence in the Deputy Secretary’s home state of California.  

    Recently, it was revealed that Oscar Ortega-Anguiano—the teens’ killer—is set to be released from a California state prison after serving just three-and-a-half years of a 10-year sentence. However, the Trump administration is intervening to ensure Ortega-Anguiano does not walk free.  

    The worst call you could ever receive as a parent is one telling you that your teenage son or daughter has been in a car accident. It’s a lifechanging call that would go down as one of the worst days of your life. It could be even worse though: What if you also found out that the driver that caused the accident was in our country illegally? This tragic circumstance is a reality for the parents of Anya Varfolomeev and Nikolay Osokin. 

    At just 19 years old, these two young people from Orange County, California had their whole lives ahead of them. Varfolomeev was a bright young woman, who was a dedicated ballerina and scout. Osokin was a gifted student at Pepperdine University who excelled in both music and academics. But in November 2021, their lives were senselessly stolen in a fiery crash caused by a criminal illegal alien who should have never been in this country in the first place.  

    Oscar Eduardo Ortega-Anguiano was driving drunk, high on drugs, and speeding at nearly 100 mph on the 405 freeway when he crashed into a vehicle carrying Varfolomeev and Osokin. Even worse, Ortega-Anguiano was a repeat criminal, with a track record that includes multiple felonies and convictions for driving without a license. Despite being deported, he re-entered our country illegally twice.  

    Now, four years later, Ortega-Anguiano is set to be released from California state prison after serving just 3.5 years of his 10-year sentence. I’ve spoken to Anya’s father, and he is outraged. So am I.  

    This story hits especially close to home because I served as mayor and city council member of Los Alamitos for over a decade, and this tragic incident happened in our community. It also represents so much that is wrong with our broken immigration system. As Deputy Secretary of Homeland Security, I work relentlessly under the leadership of President Donald Trump and Secretary Kristi Noem to carry out their priorities to protect our communities from brutal criminals who should not be loose on American streets.  

    Under the Trump administration, DHS is enforcing our nation’s immigration laws and seeking to punish criminals to the fullest extent of the law, and this has my direct attention. Immigration and Customs Enforcement has placed a detainer for Ortega-Anguiano with the California Department of Corrections. If state authorities do not honor the ICE detainer, federal agents will take custody of Ortega-Anguiano and deport him immediately upon release. The U.S. Attorney for the Central District of California has also filed a felony immigration charge against Ortega-Anguiano, which could put him behind bars for an additional 20 years.  

    Under the secretary’s leadership, the department is also giving support to victims by reopening the ICE’s Victims of Immigration Crime Engagement office. VOICE was first launched in 2017 by the Trump administration as a dedicated resource for those who have been victimized by crime that has a nexus to immigration. The Biden administration shuttered the office, leaving victims and their families without access to key resources and support services–but we will not allow their stories to be silenced any longer.  

    Every day, the Trump Administration is working to prevent these tragedies from happening in another town, to another family. We owe it to Anya and Nikolay, and every family like theirs, to never stop fighting for justice and safety. That starts with removing the worst of the worst– and making sure they never return.  

    Not in my town. Not in any American town.  

    MIL Security OSI

  • MIL-OSI USA: Risch, Luján Introduce Legislation to Improve AI Testing and Evaluation Systems

    US Senate News:

    Source: United States Senator for Idaho James E Risch

    WASHINGTON – U.S. Senators Jim Risch (R-Idaho) and Ben Ray Luján (D-N.M.) introduced the Testing and Evaluation Systems for Trusted Artificial Intelligence (TEST) AI Act of 2025.

    This legislation would improve the federal government’s ability to test and evaluate Artificial Intelligence (AI) systems to drive innovation, protect national security, and build trust in these technologies.

    “While AI offers an opportunity to revolutionize American research and innovation, we must be cognizant of bad actors and potential threats to privacy and national security,” said Risch. “The Idaho National Laboratory is already a leader in AI, national security, and cybersecurity, and the TEST AI Act will use the National Labs’ capabilities to establish safeguards to prevent misuse of this growing technology.”

    “AI has reached every sector in our country and driven innovation, but we cannot ignore the vulnerabilities and risks that come with it. While these systems have the power to change lives, they can also fall short – providing inaccurate or biased data – and are at risk of malicious attacks or misuse by our adversaries,” said Luján. “The TEST AI Actaddresses these shortcomings by creating government testbeds to better evaluate AI systems. This will help leverage the talent of our National Laboratories and strengthen the federal government’s ability to implement responsible guardrails that protect our national security and the American people.”

    Risch and Luján were joined by U.S. Senators Marsha Blackburn (R-Tenn.), Dick Durbin (D-Ill.), and Peter Welch (D-V.T.) in introducing the TEST AI Act.

    The TEST AI Act directs the National Institute for Standards and Technology (NIST) to collaborate with the Department of Energy (DOE) to establish a testbed pilot program to develop and refine standards for evaluating AI systems. By laying the groundwork for broader national evaluation standards through a transparent and collaborative approach, the TEST AI Act would ensure that AI systems used by federal agencies are trustworthy, secure, and objective.

    The TEST AI Act would:

    • Codify collaboration between NIST and DOE to evaluate AI models;

    • Improve public-private partnerships through an AI Testing Working Group to develop standards for performance, reliability, security, privacy, and bias; and  

    • Create a public strategy for testing and the construction of testbeds, and a report to Congress on the results and recommendations for future standards development.

    Senators Risch, Luján, Blackburn, and Durbin co-lead the Senate National Labs Caucus, which identifies legislative opportunities to elevate the National Labs’ visibility and meet national energy and security objectives while solidifying U.S. leadership in critical scientific sectors. ?

    MIL OSI USA News

  • MIL-OSI Economics: STATEMENT: CanREA eager to work with new federal Cabinet to advance wind energy, solar energy and energy storage 

    Source: – Press Release/Statement:

    Headline: STATEMENT: CanREA eager to work with new federal Cabinet to advance wind energy, solar energy and energy storage 

    CanREA ready to help Canada’s newly appointed Ministers deliver on key election promises that will advance clean-energy initiatives nationwide. 

    Ottawa, Ontario, May 13, 2025—The Canadian Renewable Energy Association (CanREA) congratulates Canada’s new federal Cabinet Ministers and Secretaries of State on their appointment to Cabinet. The Ministers were sworn in today by Her Excellency the Right Honourable Mary Simon, C.C., C.M.M., C.O.M, C.D., Governor General of Canada.  

    CanREA looks forward to supporting their delivery of an ambitious agenda for the clean-energy industry, helping Canada meet its economic and environmental goals.    

    Specifically, CanREA would like to congratulate: 

    The Hon. François-Philippe Champagne P.C. M.P., Minister of Finance and National Revenue 
    The Hon. Dominic LeBlanc P.C., M.P., President of the King’s Privy Council for Canada and Minister Responsible for Canada-U.S. Trade, Intergovernmental Affairs and One Canadian Economy  
    The Hon. Shafqat Ali P.C. M.P., President of the Treasury Board  
    The Hon. Tim Hodgson P.C. M.P., Minister of Energy and Natural Resources 
    The Hon. Julie Dabrusin P.C. M.P., Minister of Environment and Climate Change 
    The Hon. Mélanie Joly, P.C., M.P., Minister of Industry 
    The Hon. Rebecca Ally P.C., M.P. Minister of Crown-Indigenous Relations  
    The Hon. Mandy Gull-Masty P.C., M.P., Minister of Indigenous Services 

    “Over the past number of years, the CanREA team has developed a strong working relationship with the federal government,” said Vittoria Bellissimo, CanREA’s President and CEO. “My team and I are committed to advancing wind, solar and energy storage and we will work closely with Canada’s newly appointed ministers to shape and support federal policies that will be essential to our industry as we plan, finance and build clean-energy projects that benefit Canadians.”  

    During the recent election campaign, the Liberal Party committed to a suite of proposals that support the rapid deployment of clean energy, as described in this recent CanREA statement. These policies include:  

    Finalizing the Clean Economy Investment Tax Credits (ITCs), policies that have already galvanized private sector investment in Canada’s renewable energy and energy storage industry. Getting the remaining ITCs passed into law, particularly the Clean Electricity ITC, will secure Canada’s position as a competitive and safe place for the private sector to invest. These will also help lower the cost of electricity to Canadian ratepayers. 
    Reducing the barriers to accessing capital faced by Indigenous companies and communities, by expanding the kinds of projects the Canada Infrastructure Bank can support to be more in line with First Nation, Inuit and Métis priorities. The Liberals also committed to exploring options for an Indigenous Infrastructure Bank to further address this gap. 
    Offering support for Canadians entering the trades, while also helping to reduce barriers that these skilled workers face when working in another province. 
    Creating a new First and Last Mile Fund that will move more electricity and goods from where they are produced to where they are needed, creating a more integrated and accessible Canadian economy. 
    Signing new Cooperation and Substitution Agreements with all willing provinces, territories and Indigenous Governing Bodies within six months, ensuring that projects go through only one review that upholds environmental standards and Indigenous consultation. 
    Cementing the signal for electrification by maintaining the industrial carbon price. During his leadership campaign, Mr. Carney even promised to set a pricing schedule out to 2035—this would be a strong signal upon which Canada’s renewable energy and energy storage industry could rely. 

    Across the country, more than 18,000 MW of clean-energy procurements, representing more than $34 B, are being planned or currently taking place, all of which will benefit from these federal policies.   

    “The federal ITCs, along with increased Indigenous access to capital and new interprovincial interconnections, will allow Canada to maintain its competitive edge in the global race for renewable energy and energy storage investment,” said Fernando Melo, CanREA’s Federal Director of Policy and Government Affairs.  

    “Putting these in place will be no small feat, but CanREA is committed to collaborating with the federal government to get these groundbreaking policies across the finish line.” 

    Quotes

    “Over the past number of years, the CanREA team has developed a strong working relationship with the federal government. My team and I are committed to advancing wind, solar and energy storage and we will work closely with Canada’s newly appointed ministers to shape and support federal policies that will be essential to our industry as we plan, finance and build clean-energy projects that benefit Canadians.” 
    —Vittoria Bellissimo, President and CEO, Canadian Renewable Energy Association (CanREA) 

    “The federal ITCs, along with increased Indigenous access to capital and new interprovincial interconnections, will allow Canada to maintain its competitive edge in the global race for renewable energy and energy storage investment. Putting these in place will be no small feat, but CanREA is committed to collaborating with the federal government to get these groundbreaking policies across the finish line.”  
    —Fernando Melo, Federal Director, Canadian Renewable Energy Association (CanREA) 

    For interview opportunities, please contact: 

    Bridget Wayland, Senior Director of Communications  Canadian Renewable Energy Association communications@renewablesassociation.ca 

    About CanREA 

    The Canadian Renewable Energy Association (CanREA) is the voice for wind energy, solar energy and energy storage solutions that will power Canada’s energy future. We work to create the conditions for a modern energy system through stakeholder advocacy and public engagement. Our diverse members are uniquely positioned to deliver clean, low-cost, reliable, flexible and scalable solutions for Canada’s energy needs. For more information on how Canada can use wind energy, solar energy and energy storage to help achieve its net-zero commitments, consult “Powering Canada’s Journey to Net-Zero: CanREA’s 2050 Vision.” Follow us on Bluesky and LinkedIn. Subscribe to our newsletter here. Learn more at renewablesassociation.ca.    

    The post STATEMENT: CanREA eager to work with new federal Cabinet to advance wind energy, solar energy and energy storage  appeared first on Canadian Renewable Energy Association.

    MIL OSI Economics

  • MIL-OSI USA: Rep. Peters Urges Fiscal Responsibility and Against Healthcare Cuts in Republican Tax Plan Committee Consideration

    Source: United States House of Representatives – Congressman Scott Peters (52nd District of California)

     

    [embedded content]

    Washington D.C. – Today, at an Energy & Commerce Committee meeting on the Republican tax plan, Representative Scott Peters (CA-50) urged his colleagues to not go through with their extreme cuts to Medicaid and the Affordable Care Act to pay for tax cuts to wealthy individuals and corporations that do not need them. The Republican plan, which will not reduce the federal debt or deficit, would kick 13.7 million people off of their health insurance according to a new analysis by the non-partisan Congressional Budget Office.

    During his remarks, Rep. Peters also shared the story of his constituent, Jesus Acosta, who is an in-home care provider for his mother who was disabled after being hit by a car. Without Medicaid funding, Jesus would no longer be able to provide this care and pay the bills that keep their family together in their home.

    Rep. Peters began his remarks by stating, “This Committee has no jurisdiction over taxes, but let’s be honest with the American people. Taxes are the real reason we’re here. Over in the Ways & Means Committee, they are marking up what will be one of the most expensive tax bills in history. When Republicans originally passed the 2017 Tax Cuts and Jobs Act, they designed many of the individual and some business tax provisions to expire this year. That’s because even back then, Republicans knew making the tax cuts permanent would cost the United States trillions in revenue we desperately need to pay our expenses. Making those tax cuts permanent now is no less costly.

    He continued, “The bill before us will decimate Medicaid, which provides health insurance to nearly 72 million people nationwide. In every congressional district across the country, Medicaid supports health care for children, Americans with disabilities, and working people who are already struggling to keep up. Cutting health coverage for our most vulnerable neighbors will not make America healthier, it will make us sicker.”

    And he concluded, “Don’t buy their fiscal responsibility act. Republicans are proposing these painful cuts to programs that help everyday Americans not to lower our debt but just so President Trump can follow through on his campaign promise to give his donors, who he himself said were already “rich as hell,” even more money in tax cuts. When the government borrows more, inflation goes up and working people suffer at the grocery store, gas pump, and when they pay for utilities. Higher federal borrowing drives up interest rates and makes it harder for people to buy a home, start a business, or pay down credit cards.  All this now in addition to depriving so many Americans of basic health care.”

    CA-50 Medicaid Facts:

    • 156,100 people in the district rely on Medicaid for health coverage—that’s 20 percent of all district residents.
      • 34,700 children in the district are covered by Medicaid.
      • 17,700 seniors in the district are covered by Medicaid.
      • 64,900 adults in the district have Medicaid coverage through Medicaid expansion—that includes pregnant women who are able to access prenatal care sooner because of Medicaid expansion, parents, caretakers, veterans, people with substance use disorder and mental health treatment needs, and people with chronic conditions and disabilities.
    • At least five hospitals in the district had negative operating margins in 2022. These hospitals would be especially hard-hit by cuts to Medicaid. For example:
      • Scripps Mercy Hospital had a negative 25.3 percent operating margin—and nearly 22 percent of its revenue came from Medicaid.
      • Sharp Coronado Hospital had a negative 3.5 percent operating margin—and over 36 percent of its revenue came from Medicaid.
      • University of California San Diego Medical Center had a negative 2.4 percent operating margin—and nearly 19 percent of its revenue came from Medicaid.
    • There are 54 health center delivery sites in the district that serve 529,944 patients.
    • Those health centers and patients rely on Medicaid—statewide, 69 percent of health center patients rely on Medicaid for coverage.
    • Health centers will not be able to stay open and provide the same care that they do today, with more uninsured and underinsured patients. They are already operating on thin margins—in 2023, nationally, nearly half of health centers had negative operating margins.
    • Medicaid cuts put health centers at risk, including:
      • Family Health Centers of San Diego
      • Neighborhood Healthcare
      • North County Health Project
      • San Diego American Indian Health Centers
      • St. Vincent De Paul Village

     Jesus’s Story:

    Jesus Acosta is a home care provider and member of United Domestic Workers, UDW/AFSCME, in San Diego. Jesus became a care provider after his mother was tragically hit by a car, leaving her disabled. She was a single mother who worked hard to provide for Jesus and his siblings. After her accident, Jesus felt it was his responsibility to care for the woman who always cared for him — and he’s proud to do it.

    Jesus became his mother’s full time care provider in 2016. The responsibilities that come with her care — medication management, feeding her, bathing her, taking her to doctor’s appointments, helping her with her physical therapy and to live a fulfilling life with her family — has made it difficult for Jesus to maintain full-time employment. But he is able to take care of himself and pay the bills for his family thanks to Medicaid. The program also pays for his mother’s wheelchair and doctors’ visits. Without Medicaid funding, Jesus and his family would likely have to move out of their home and they would be separated

    Rep. Peters’ Full Remarks as Prepared for Delivery:

    Jesus is one of my constituents from San Diego. His mother was tragically hit by a car, leaving her disabled.

    Jesus became his mother’s full time care provider in 2016. He manages her medications, feeds her, bathes her, takes her to doctor appointments, and helps with her physical therapy.

    If these Medicaid cuts take effect, this work – this very had work — will not meet the so-called work requirements Republicans want to impose. Jesus and his family would likely have to move out of their home and live separated, and they will lose their health care.

    Mr. Chairman, this Committee has no jurisdiction over taxes, but let’s be honest with the American people. Taxes are the real reason we’re here.

    Over in the Ways & Means Committee, they are marking up what will be one of the most expensive tax bills in history.

    When Republicans originally passed the 2017 Tax Cuts and Jobs Act, they designed many of the individual and some business tax provisions to expire this year.

    That’s because even back then, Republicans knew making the tax cuts permanent would cost the United States trillions in revenue we desperately need to pay our expenses. Making those tax cuts permanent now is no less costly.

    Yet, that’s what we are being asked to do today.  The Budget Committee instructed the Ways and Means Committee to cut taxes by $4.5 trillion and has asked our committee to come up with $880 billion in cuts to make up the shortfall.  That’s it. That’s what this is about.

    To do that, the bill before us will decimate Medicaid, which provides health insurance to nearly 72 million people nationwide.

    In every congressional district across the country, Medicaid supports health care for children, Americans with disabilities, and working people who are already struggling to keep up.

    Cutting health coverage for our most vulnerable neighbors will not make America healthier, it will make us sicker.

    At home I hear from people concerned about national debt and deficits and they say to me, “hey Scott we have to make cuts to address the deficit.”  But that is not what is happening here.  Because Republicans will continue to run $2 trillion annual budget deficits and we will see the national debt grow from 36 to 38 to 40 to 42 trillion.  And they will vote for a $5 trillion increase in the debt limit to make this borrowing possible, even though many of them swore a blood oath that they’d never vote to increase the debt.  They will enact a budget that according to the Committee for a Responsible Federal Budget will increase the federal debt by $37 trillion over 30 years. 

    Don’t buy their fiscal responsibility act. Republicans are proposing these painful cuts to programs that help everyday Americans not to lower our debt but just so President Trump can follow through on his campaign promise to give his donors, who he himself said were already “rich as hell,” even more money in tax cuts.

    When the government borrows more, inflation goes up and working people suffer at the grocery store, gas pump, and when they pay for utilities. Higher federal borrowing drives up interest rates and makes it harder for people to buy a home, start a business, or pay down credit cards.  All this now in addition to depriving so many Americans of basic health care.

    I urge my colleagues to vote no.

    Thank you, I yield back.

    ###

    MIL OSI USA News

  • MIL-OSI New Zealand: Our Response Framework for Educational Delivery and Performance

    Source:

    Download a PDF version of our Response Framework for Educational Delivery and Performance (PDF 191 KB)
    What is our Response Framework?
    The Response Framework describes how we manage educational delivery and performance where it needs to improve. It provides an overview of the types of responses the TEC uses to manage delivery and performance, and broad factors that affect whether a response is taken and what type of response.
    The framework is designed to endure over time, so it focuses on responses and factors that will not change over multiple funding rounds. It does not include specific expectations of delivery and performance (eg, specific levels or measures of these factors, rankings of their importance, or mappings between factors and responses) because these vary over time and in different contexts.
    Instead, specific expectations are laid out in a range of regularly published sources including Plan Guidance, funding conditions, funding mechanisms and technical guidance. Tertiary education organisations (TEOs) should refer to these sources to understand what specific levels and/or circumstances are likely to evoke a response.
    Decisions about responses to delivery and performance result from on-balance assessments, not bright-line tests
    Decisions involve many factors and depend on us having as much information as possible. For this reason, we rely on engagement as the first response when an indicator occurs, to enable a “no surprises” approach if a further response is required. We aim to understand the reasons underlying the indicator and what is already happening to address it.
    The Response Framework covers how we respond to educational delivery and/or performance that needs to improve. It does not cover:

    responses to delivery or performance that exceeds expectations
    other types of assessments we make such as tertiary education institution (TEI) risk and private training establishment (PTE) financial viability
    other types of decisions we make, such as those about investment (although both our investment and response frameworks are relevant where responses relate to funding, such as reducing investment when performance is not improving). 

    Fundamental to our decision-making are our legislative functions and obligations under the Education and Training Act 2020, including giving effect to the Tertiary Education Strategy. An ongoing focus on learner success is embedded throughout the framework: as a potential indicator that improvement is necessary, a way to improve outcomes, a contextual factor considered in decisions, and a principle underpinning all decisions.
    We use three broad types of responses
    This list is not exhaustive.
    Information, monitoring and engagement
    Our business-as-usual methods for understanding provider performance include regular data reporting and communicating expectations through Plan Guidance, other publications and engagement.
    Our first choice of response, when a need to improve outcomes is indicated, may include requesting further information, or changing the frequency, intensity, method, attendees or content of engagements.
    Dedicated and/or specialist engagement (eg, a Relationship Manager) is likely when there is more risk (eg, total funding envelope >$5m), or delivery or performance needs to improve.
    Requirements and conditions
    When more structure is required than engagement alone, TEC may:

    require a full Investment Plan
    change the Plan length
    require a significant Plan amendment
    require an improvement plan
    apply organisation-specific funding conditions
    impose a new condition on subsequent Plan funding approval.

    Funding
    In situations where performance is not improving even with requirements or conditions, TEC may:

    remove access to additional funding
    revoke approval for a qualification to be accessible for student loans and allowances
    amend, revoke and/or recover existing funding
    reduce further investment or part-fund only (including signalling this through indicative allocations)
    cease investment.

    Proposed funding decisions made as part of annual Plan rounds are always subject to a Right of Response process.
    We consider many factors in making a response decision
    We generally (although not always) use responses in a graduated manner, with engagement continuing throughout.
    Context
    Context is crucial to which responses we use, how quickly we do so, and the importance of various indicators and mitigations at different points in time. For example:

    at a system level: fiscal environment, overall availability of funding and government risk appetite can affect how quickly we strengthen responses or which ones we apply
    at a sub-sector level: the type of provider, including size, legislated autonomy, business model, and alternatives in the network of provision, affects what responses we use
    at a provider level: specific concerns (eg, low educational outcomes for specific learner groups) can have specific associated responses, or responses might only be applied to pockets of provision or to provision with outcomes that are not improving. We also consider a provider’s existing compliance requirements.

    Indicators
    Indicators are signs that performance may need to improve, to minimise potential risk to learner outcomes and/or to government investment. They increase the likelihood that we will use more or stronger responses. Indicators include:

    low or declining educational performance
    low educational outcomes for specific learner groups
    unfavourable quality assurance reports
    unsatisfactory Plan quality (or components of a Plan), including learner success milestones
    under- or over-delivery
    unsatisfactory progress following previous responses
    breach of funding conditions
    non-compliance with criteria for significant Plan amendments or replacement Plans
    adverse audit and investigation findings.

    Mitigations
    Mitigations are factors or actions that (where satisfactory) can lower risk and increase our confidence that expectations will be met. Satisfactory mitigations decrease the likelihood of further responses and/or the severity of those applied. Mitigations can include:

    proactive communication about indicators
    improved educational performance
    improving educational outcomes for specific learner groups
    proactive actions taken (eg, collaboration with other providers)
    demonstrable outcomes other than educational (eg, community impact)
    improved quality assurance reports.

    Key principles underpin every response decision
    Evidence-based
    We make informed decisions based on best available data, information and intelligence. We understand and apply knowledge of the sector, learner demand, stakeholder needs and best practice.
    Fair, transparent and consistent
    We use engagement to maintain transparency with providers and understand the context that makes our decisions fair. Our methods and processes build trust and confidence in the system for learners, industry, communities and government. We balance costs and risks in proportion to outcomes.
    Learners at the centre
    We incentivise, promote and enable improved educational outcomes for everyone by making providers accountable for how they deliver education and the outcomes they achieve. We expect providers to recognise learner diversity and meet learners’ needs and aspirations.
    Continuously improving the system
    We improve the system’s effectiveness through reviewing and updating internal processes for deciding and applying responses, as necessary. We improve the system through the tools and guidance we provide to the sector and the network of provision we invest in.

    MIL OSI New Zealand News

  • MIL-OSI USA: Graham Arrives in Turkey

    US Senate News:

    Source: United States Senator for South Carolina Lindsey Graham
    WASHINGTON – U.S. Senator Lindsey Graham (R-South Carolina) today arrived in Turkey. Senator Graham traveled to the nation to meet with Turkish and U.S. officials to assess the situation in Syria. 
    “I have traveled to Turkey this week for the express purpose of assessing the situation in Syria. I am very inclined to support sanctions relief for Syria under the right conditions. However, we must remember that the current leadership in Syria achieved its position through force of arms, not through the will of its people. 
    “I know the Trump Administration has provided guidance to Syrian officials about conditions that need to be met before any sanctions can be relieved. I fully understand the role that Congress plays in this process, having supported Syrian sanctions that passed Congress during the 2020 National Defense Authorization Act.  
    “Currently, Syria is also listed as a state sponsor of terrorism under U.S. law. In order for that designation to be lifted, the administration must submit a report to Congress on how circumstances have changed. That report has not been received and Congress has the opportunity to review this action if it chooses. The designation of Syria as a state sponsor of terrorism has tremendous ramifications apart from the sanctions. I am certain that Congress would need to be informed of changes in conditions placed on Syria and how they have met those conditions before Congress can make an informed decision on whether or not it should approve the change in designation. 
    “I have also been in close contact with Israel, as they are extremely concerned about the state of play in Syria. During this trip, I will be discussing this matter with our allies in Turkey and will maintain extremely close coordination with our allies in Israel so that we can fully understand the implications of sanctions waivers.
    “Waiving congressionally-passed sanctions is a complicated process. While I would like to empower the new players in Syria, it has to be done in a coordinated fashion with our allies – especially our friends in Israel – so that numerous security concerns can be addressed. Over the past decades, locations in Syria have been used to attack Israel.
    “This newly formed government in Syria may be a good investment and could be the pathway to unifying Syria, making it a stable part of the region. However, there is a lot that must be learned before making that determination. 
    “A stable Syria would be a game changer for the region, but given its past, their progress must be evaluated closely.”

    MIL OSI USA News

  • India launches first 3nm chip design centres in Noida and Bengaluru

    Source: Government of India

    Source: Government of India (4)

    Union Minister for Electronics and Information Technology Ashwini Vaishnaw on Tuesday inaugurated India’s first 3-nanometre (3nm) chip design centres in Noida and Bengaluru, marking a key milestone in the country’s push towards advanced semiconductor innovation. The centres have been set up by Renesas Electronics India Private Limited and are poised to place India among a select group of nations working at the cutting edge of chip technology.
     
    Vaishnaw said, “Designing at 3nm is truly next-generation. We’ve done 7nm and 5nm earlier, but this marks a new frontier.” He added that the launch reaffirms India’s growing presence in the global semiconductor space and reflects increasing industry confidence, witnessed at global platforms such as the World Economic Forum in Davos.
     
    The new centres are part of a broader strategy by the government to build a robust semiconductor ecosystem, spanning design, fabrication, ATMP (Assembly, Testing, Marking, and Packaging), and the supply of associated equipment, chemicals, and gases. The government has also been focusing on nurturing a skilled workforce to meet the growing demand in the semiconductor industry.
     
    Vaishnaw also announced the launch of a new semiconductor learning kit designed to strengthen practical hardware skills among engineering students. Over 270 academic institutions, which have already received access to advanced EDA (Electronic Design Automation) software tools through the India Semiconductor Mission, will also receive these hands-on kits. “This integration of software and hardware learning will create truly industry-ready engineers. We are not just building infrastructure but investing in long-term talent development,” he said, lauding the efforts of CDAC and the ISM team for their efficient execution.
     
    Renesas Electronics CEO and Managing Director Hidetoshi Shibata, who was present at the event, described India as a strategic cornerstone for the company. He said Renesas is expanding its end-to-end semiconductor capabilities in India, from architecture to testing, while actively supporting over 250 academic institutions and a range of startups through government-backed initiatives such as the India Semiconductor Mission and the Production Linked Incentive (PLI) scheme. He also underscored the importance of Indo-Japan collaboration in redefining the global semiconductor lifecycle.
  • MIL-OSI New Zealand: Watercare upgrades water network to support future growth in Pukekohe and Buckland

    Source: Secondary teachers question rationale for changes to relationship education guidelines

    Watercare has completed a $2m project to ultimately increase the capacity of the water network in Pukekohe and Buckland.

    Over the past two months crews installed two new bulk supply points on Pukekohe East Road which will allow more water to be distributed through the network, supporting current and future growth in Pukekohe and Buckland.

    The bulk supply points will allow Watercare to manage the flows, regulate pressure in the network and test the quality of the water.

    Although both bulk supply points are complete, only one will be brought into service once the rest of the infrastructure is installed, says Watercare project manager Veluppillai Thavarajah.

    Watercare project manager Veluppillai Thavarajah.

    “Once the infrastructure is ready, we’ll bring one of the bulk supply points into service to supply water to around 1500 houses planned for construction in the area.

    “To connect the bulk supply points to the existing network, Watercare is planning to undertake connection works in early June. This will involve a temporary shutdown of the large water main supplying Pukekohe.

     “It will take our team about 16 hours to carry out this work, but all our customers will continue to have water because the team will ensure that the reservoir suppling the area will have enough water storage for the duration of the work.

    “The other bulk supply point will be brought into service at a later date when it’s needed to supply water to future developments.”

    Thavarajah says Watercare opted to install both bulk supply points at the same time to reduce costs and disruptions.

    “We appreciate people’s patience with us as our crews worked to install pipework, valves and fittings needed to bring these bulk supply points to fruition.”

    Franklin ward councillor Andy Baker says it’s great to see Watercare stepping up to support growth in the area.

    “The new bulk supply points get things moving for early development, and with plans in place for extra infrastructure, it shows Watercare is serious about enabling growth in the area.”

    MIL OSI New Zealand News

  • MIL-OSI Russia: IMF Reaches Staff-Level Agreement with Cabo Verde on the Sixth Review under the Extended Credit Facility (ECF) and the Third Review under the Resilience and Sustainability Facility (RSF) Arrangement

    Source: IMF – News in Russian

    May 13, 2025

    • IMF staff and Cabo Verdean authorities reached a staff-level agreement on the sixth ECF review and third RSF review, and a fifteen-month extension of both arrangements with an augmentation equivalent to thirty percent of quota under the extended ECF.
    • The ECF-supported program aims to strengthen public finances, ensure debt sustainability, minimize fiscal risks from public enterprises, modernize monetary policy, and raise potential growth. The RSF supports government climate reforms and catalyzes private climate finance. Extension to December 2026 supports the continued success of the authorities’ economic policy and reform agenda.
    • All end-December 2024 ECF structural benchmarks (SB) and quantitative performance criteria (PCs) were met. The implementation of reform measures (RMs) under the RSF has been progressing, but some reforms will take more time than expected.

    Praia, Cabo Verde: An International Monetary Fund (IMF) team led by Mr. Martin Schindler held meetings with the Cabo Verdean authorities during May 5 – 13, 2025, to discuss the sixth review under the Extended Credit Facility (ECF) arrangement, the third review under the Resilience and Sustainability Facility (RSF) arrangement, and economic policies and reforms to be supported under an extension of both arrangements. Access under the existing ECF is 190 percent of quota (SDR 45.03 million, approximately US$ 63.3 million) and access under the RSF is 100 percent of quota (SDR 23.69 million, approximately US$ 31.69 million). The augmentation of 30 percent of quota (SDR 7.11 million) will bring the total ECF arrangement to SDR 52.14 million.

    At the conclusion of the mission, Mr. Schindler issued the following statement:

    “I am pleased to announce that the IMF team and the Cabo Verdean authorities reached staff-level agreements on the policies needed to complete the sixth review under the ECF-supported program and the third review of the RSF arrangement as well as on economic policies and reforms that could be supported by an extension. Upon approval by the IMF’s Executive Board, completion of the sixth ECF review will allow disbursement of SDR 4.51 million (approximately US$ 6.09 million), while the completion of the third RSF review will allow disbursement of up to SDR 7.896 million (approximately US$ 10.66 million), depending on reform progress under the RSF.

    “Cabo Verde’s economy continues to perform well, underpinned by tourism, robust export performance and private consumption growth. Increasing the execution of the government’s capital budget would enhance potential growth. Economic growth in 2024 was strong at 7.3 percent, with 1.0 percent inflation and a current account surplus. The 2024 fiscal balance exceeded program targets, driven by lower primary expenditures and strong tax revenue growth. The public debt-to-GDP ratio continues to decline.

    “All end-December 2024 structural benchmarks (SB) and quantitative performance criteria (PCs) were met. The implementation of reform measures (RMs) under the RSF has been progressing, but some reforms will take more time than expected.

    “Cabo Verde’s economic outlook remains solid. GDP growth in 2025 is projected at 5.2 percent, while inflation is expected to converge to about 2 percent in 2025 and over the medium-term, broadly in line with euro area inflation. The current account balance is projected to gradually return to a deficit of 1.3 percent of GDP in 2025, and then stabilize at around -3.5 percent over the medium term.

    “Fiscal performance is forecast to be strong in 2025. Cabo Verde aims to maintain a fiscal path aligned with debt reduction goals, targeting a higher primary balance than foreseen under the previous review. Tax revenue is expected to increase reflecting ongoing tax reforms.

    “The mission welcomed the BCV’s Monetary Policy Committee (MPC) decision to raise the deposit rate by 30 basis points to 2.25 percent to fully close the gap with the ECB. Continued data-driven adjustments in monetary policy may be needed to protect the exchange rate peg and appropriate reserves buffers. Data for end-March 2025 suggests that the financial system is liquid, profitable, and well capitalized.

    “The macroeconomic outlook remains favorable but is subject to substantial downside risks. Cabo Verde is vulnerable to external shocks, including in energy, food prices, and tourism, especially in the context of heightened uncertainties in global trade frameworks. A global growth slowdown and supply chain disruptions would have a negative impact on tourism, inflation, and growth. Climate-related risks, such as rising sea levels and extreme weather events, pose long-term threats to infrastructure and economic stability. Delays in SOE reforms and increasing public debt could undermine fiscal sustainability. On the upside, continued strength in tourist arrivals could lift growth. Legislative and Presidential elections will take place in 2026.

    “The IMF team is grateful to the Cabo Verdean authorities and other stakeholders for the productive discussions, hospitality, and candid discussions.”

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Kwabena Akuamoah-Boateng

    Phone: +1 202 623-7100Email: MEDIA@IMF.org

    https://www.imf.org/en/News/Articles/2025/05/13/pr25144-cabo-verde-imf-reaches-sla-on-the-6th-rev-under-the-ecf-and-3rd-rev-under-the-rsf-arr

    MIL OSI

    MIL OSI Russia News

  • MIL-OSI Europe: Answer to a written question – Intellectual property rights on a cattle breeding program – P-001362/2025(ASW)

    Source: European Parliament

    Legal protection of biotechnological inventions in the EU is governed by Directive 98/44/EC[1] ‘Biotech Directive’. According to the provisions of the directive, biological material which is isolated from its natural environment or produced by means of technical processes may be patentable if it also meets the general patentability requirements, such as novelty, inventive step, and industrial applicability.

    However, the directive excludes animal varieties and animals produced solely by essentially biological processes from patentability. In this context, an ‘essentially biological process’ is defined as a process that consists entirely of natural phenomena such as crossing or selection (e.g. conventional breeding methods). Accordingly, animals and their offsprings resulting from conventional breeding methods, without the application of a technical process such as genetic modification, would generally not constitute a patentable invention within the meaning of the directive.

    Patentable biotechnological inventions relating to animals include, for instance, modifications of animal genome aiming to tackle hereditary diseases or enabling animals to survive environmental changes. Where a patented invention (e.g. a modified gene) is incorporated into an animal, the protection extends to any material in which the patented genetic information is contained and continues to perform its function. This principle also applies to the offspring of such animals, provided that the patented invention remains present.

    • [1] https://eur-lex.europa.eu/eli/dir/1998/44/oj/eng .
    Last updated: 13 May 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Answer to a written question – Effectiveness and promotion of EU initiative to plant 3 billion trees by 2030 – E-001310/2025(ASW)

    Source: European Parliament

    The EU pledge for planting 3 billion additional trees in the EU by 2030 was launched in 2021 as a non-binding, but meaningful target to further enhance afforestation for climate, biodiversity and the bioeconomy[1]. Its implementation depends on voluntary grass-roots initiatives across the EU.

    The Commission supports tree planting initiatives by giving them visibility though a web page[2] including a ‘ counter’[3] launched in April 2022. Although not all planted trees are reported, up to now, 65  organisations[4] in the 27 Member States have participated, as well as numerous citizens, via the dedicated MapMyTree[5] application . Organisations vary from state or region authorities to cities, private companies, foundations, universities and non-governmental organisations.

    In order to further promote the pledge, in March 2025, the Commission announced the ‘Tree billion trees Award’[6] that will be organised starting from 2026 in order to recognise innovative and impactful tree-planting projects.

    There is no specific budget for implementing this voluntary pledge. However, several possibilities exist to fund afforestation and tree planting projects at local level. The Commission published guidance on such funding[7] opportunities in 2024 and will update it before end of 2025.

    The Commission does not plan to appoint national coordinators, but it may support local initiatives, in particular through jointly organised events. An expert report on the challenges to implement the pledge will be published in 2025.

    • [1]  Commission Staff Working Document The 3 Billion Tree Planting Pledge For 2030 accompanying the document Communication from the Commission to the European Parliament, the Council, the European Economic and Social Committee and the Committee of the Regions – New EU Forest Strategy for 2030, SWD/2021/651 final.
    • [2] https://environment.ec.europa.eu/strategy/biodiversity-strategy-2030/3-billion-trees_en.
    • [3] https://forest.eea.europa.eu/policy-and-reporting/3-billion-trees.
    • [4] https://forest.eea.europa.eu/policy-and-reporting/3-billion-trees/organisations?searchTerm=.
    • [5] https://mapmytree.eea.europa.eu/.
    • [6] https://environment.ec.europa.eu/strategy/biodiversity-strategy-2030/3-billion-trees/3-billion-trees-award_en.
    • [7] https://op.europa.eu/en/publication-detail/-/publication/c216e918-d646-11ee-b9d9-01aa75ed71a1/language-en.
    Last updated: 13 May 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Answer to a written question – Transparency in the use of Global Gateway funds for Rwanda – P-001069/2025(ASW)

    Source: European Parliament

    Information on Global Gateway and its flagship projects is available on the European Commission’s website[1], which also provides links to approved action documents. EU Delegations also regularly facilitate dialogue with civil society and the private sector in partner countries, sharing information on EU investments. The European Parliament is kept informed both through its observer role on the Global Gateway Board and its participation in the strategic board for the European Fund for Sustainable Development Plus (EFSD+), main Commission tool for mobilising investments.

    As regards the selection of Strategic Projects under the Critical Raw Materials (CRM) Act[2], the evaluation is conducted by external experts with professional expertise in the technical, financial, environmental, social and governance dimensions. In line with Article 7 of the CRM Act, the proposed list of Strategic Projects is then presented for the opinion of the CRM Board chaired by the Commission and composed of Member States, with the European Parliament as an observer. The final list is then adopted by a Commission Decision.

    The contribution of EUR 900 million in a Team Europe approach (EU, Member States, European Investment Bank) for Global Gateway projects was announced in a communiqué from the President of the Commission on 18 December 2023[3]. The funding will support four Global Gateway Initiatives on green deal, connectivity, health and education[4]. They won’t be directly or indirectly linked to the mining sector as they target inclusive and sustainable agricultural transformation, youth led innovation and green investment in Rwandan cities, vaccines, medicines and health technologies, and early childhood services.

    • [1] https://international-partnerships.ec.europa.eu/publications-library/global-gateway-flagship-projects-infographics_en .
    • [2]  https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:L_202401252 .
    • [3]  https://ec.europa.eu/commission/presscorner/detail/en/ip_23_6724 .
    • [4]  https://www.eeas.europa.eu/delegations/rwanda/global-gateway-rwanda_en?s=115.
    Last updated: 13 May 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Answer to a written question – The need to improve public transport in the areas and towns of the Madonie mountains – E-000988/2025(ASW)

    Source: European Parliament

    1. Mobility issues in rural areas are fully recognised at EU level[1]. Under the current programming period of the European Regional Development and Cohesion Funds, investments should contribute to addressing rural mobility issues and promoting sustainable solutions[2]. T o assist rural municipalities , the Commission designed and funded the SMARTA-NET project[3], which delivered a catalogue of innovative rural mobility solutions, training programmes for local authorities and practitioners, and established the European Rural Mobility Network, connecting 70 rural municipalities from 14 Member States.

    2. The European Regional Development Fund (ERDF) can support projects of accessibility to mountain areas, incl. innovative and soft mobility transport solutions, under the Specific Objective (c) (ii)[4] of Regulation 2021/1058[5].

    The Regional Programme Sicily ERDF 2021-2027 has in fact planned such actions of support to improve accessibility to inner areas, smart public transport systems and soft local mobility[6].

    These actions are based on local strategies and with local authorities responsible for the planning and selection of projects. The responsible local authority for Madonie, an inner area with a dedicated territorial development strategy, is currently selecting projects.

    The Italian Recovery and Resilience Plan includes around EUR 4.6 billion of investments that could, as part of their scope, promote sustainable mobility in mountain areas.

    3. Any internal reallocation of the resources within the Regional Programme Sicily ERDF 2021-2027 can be requested by its Managing Authority to the Commission, following the approval by the Monitoring Committee, if adequately justified and in line with applicable Regulations[7].

    • [1] The New Urban Mobility Framework (2021) promotes sustainable connections between rural, peri-urban, and urban areas. The Commission’s Long-Term Vision for Europe’s Rural Areas (2021) calls on Member States and regions to develop sustainable rural mobility strategies. In the 2023 Barcelona Declaration, EU transport ministers agreed on the importance of recognising sustainable rural mobility needs in regional and national transport planning systems and called for investments, leveraging the Social Climate Fund and Fit for 55 policies. The Logroño Declaration (2023) advocates allocating EU funds to rural mobility projects.
    • [2] Regulation (EU) 2021/1058 of the European Parliament and of the Council of 24 June 2021 on the European Regional Development Fund and on the Cohesion Fund (OJ L 231, 30.6.2021, p. 60-93) includes references to rural and mountainous areas in Recitals (1), (45), (47) and Article 10 (Support for disadvantaged areas).
    • [3] https://www.smarta-net.eu/.
    • [4] Specific Objective (c) (ii) ‘developing and enhancing sustainable, climate resilient, intelligent and intermodal national, regional and local mobility, including improved access to TEN-T and cross-border mobility’.
    • [5] https://eur-lex.europa.eu/eli/reg/2021/1058/oj/eng.
    • [6] Actions 3.2.3, 3.2.4 and 3.2.7 of the Regional Programme, respectively.
    • [7] Regulation (EU) 2021/1058 ( https://eur-lex.europa.eu/eli/reg/2021/1058/oj/eng ), Regulation (EU) 2021/1060 ( https://eur-lex.europa.eu/eli/reg/2021/1060/oj/eng ).
    Last updated: 13 May 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Text adopted – 2023 and 2024 reports on Türkiye – P10_TA(2025)0092 – Wednesday, 7 May 2025 – Strasbourg

    Source: European Parliament

    The European Parliament,

    –  having regard to the European Council conclusions of 17 and 18 April 2024, 30 June 2023, 23 June 2022, 24 June 2021 and 12 December 2019, and to all relevant previous Council and European Council conclusions,

    –  having regard to Türkiye’s membership of the Council of Europe and NATO,

    –  having regard to the Agreement between the European Union and the Republic of Turkey on the readmission of persons residing without authorisation(1) (EU-Turkey Readmission Agreement),

    –  having regard to the statement of the members of the European Council of 25 March 2021 on Türkiye,

    –  having regard to the ‘EU-Turkey statements’ of 18 March 2016 and 29 November 2015,

    –  having regard to the ‘Turkey Negotiating Framework’ of 3 October 2005,

    –  having regard to the declaration issued by the European Community and its Member States on 21 September 2005 following the declaration made by Turkey upon its signature of the Additional Protocol to the Ankara Agreement on 29 July 2005,

    –  having regard to the Council conclusions of December 2006 and March 2020, and to the Presidency Conclusions of the European Council in Copenhagen of 21-22 June 1993, also known as the Copenhagen Criteria,

    –  having regard to the Council conclusions on Enlargement of 17 December 2024 and of 12 December 2023,

    –  having regard to the International Law of the Sea and the United Nations Convention on the Law of the Sea (UNCLOS),

    –  having regard to the Commission communication of 30 October 2024 on EU enlargement policy (COM(2024)0690) and to the accompanying Türkiye 2024 Report (SWD(2024)0696),

    –  having regard to the Commission communication of 8 November 2023 on EU enlargement policy (COM(2023)0690) and to the accompanying Türkiye 2023 Report (SWD(2023)0696),

    –  having regard to Special report 06/2024 of the European Court of Auditors of 24 April 2024 entitled ‘The Facility for Refugees in Turkey – Beneficial for refugees and host communities, but impact and sustainability not yet ensured’,

    –  having regard to the joint communications from the Commission and the High Representative of the Union for Foreign Affairs and Security Policy to the European Council of 29 November 2023 (JOIN(2023)0050) and of 22 March 2021 (JOIN(2021)0008) on the state of play of EU-Türkiye political, economic and trade relations,

    –  having regard to the Commission communication of 19 December 2024 entitled ‘Eighth Annual Report of the Facility for Refugees in Türkiye’ (COM(2024)0593),

    –  having regard to the fundamental principles of international law and to the Charter of the United Nations, the 1977 and the 1979 High-Level Agreements between the leaders of the two communities, and the relevant resolutions of the UN Security Council on Cyprus, including Resolution 186 (1964) of 4 March 1964, which reaffirms the sovereignty of the Republic of Cyprus, Resolution 550 (1984) of 11 May 1984 on secessionist actions in Cyprus, Resolution 789 (1992) of 25 November 1992, and Resolution 2537 (2020) on the UN Peacekeeping Force in Cyprus (UNFICYP),

    –  having regard to Article 46 of the European Convention on Human Rights (ECHR), which states that the contracting parties undertake to abide by the final judgment of the European Court of Human Rights (ECtHR) in any case to which they are parties, and to the ensuing obligation of Türkiye to implement all judgments of the ECtHR,

    –  having regard to the relevant resolutions of the Committee of Ministers of the Council of Europe,

    –  having regard to the 2025 Freedom in the World report published by Freedom House,

    –  having regard to the 2024 World Press Freedom Index published by Reporters Without Borders,

    –  having regard to the January 2025 prison statistics report published by the Civil Society in the Penal System Association (CISST) and to the 2024 country profile for Türkiye published by Prison Insider,

    –  having regard to the Global Gender Gap Report 2024 published by the World Economic Forum,

    –  having regard to recent reports of the We Will Stop Femicide Platform (Kadın Cinayetlerini Durduracağız Platformu),

    –  having regard to the UNESCO statement on Hagia Sophia of 10 July 2020, and to the relevant UNESCO World Heritage Committee decisions 44 COM 7B.58 (2021) and 45 COM 7B.58 (2023), adopted in its 44th and 45th sessions respectively,

    –  having regard to its previous resolutions on Türkiye, in particular those of 13 September 2023 on the 2022 Commission Report on Türkiye(2), of 7 June 2022 on the 2021 Commission Report on Turkey(3), and of 26 November 2020 on escalating tensions in Varosha following the illegal actions by Türkiye and the urgent need for the resumption of talks(4),

    –  having regard to its resolution of 29 February 2024 on deepening EU integration in view of future enlargement(5),

    –  having regard to its resolution of 15 April 2015 on the centenary of the Armenian Genocide(6),

    –  having regard to its resolutions of 5 May 2022 on the case of Osman Kavala in Turkey(7), of 10 October 2024 on the case of Bülent Mumay in Türkiye(8) and of 13 February 2025 on recent dismissals and arrests of mayors in Türkiye(9),

    –  having regard to European Commission President Ursula von der Leyen’s visit to Ankara in December 2024,

    –  having regard to Rule 55 of its Rules of Procedure,

    –  having regard to the report of the Committee on Foreign Affairs (A10-0067/2025),

    A.  whereas Türkiye remains a candidate for EU accession, and EU membership remains the repeatedly declared political goal of the Turkish Government, although the gap with the values and interests of the EU is growing; whereas EU accession negotiations have effectively been at a standstill since 2018, owing to the deterioration of the rule of law and democracy in Türkiye;

    B.  whereas any accession country is expected to respect democratic values, the rule of law and human rights, and to abide by EU law; whereas Türkiye needs to credibly demonstrate its commitment to closer relations and alignment with the European Union in order to reinvigorate its European perspective; whereas being a candidate country presumes a willingness to progressively approach and align with the EU in all aspects, including values, interests, standards and policies, inter alia with its common foreign and security policy, to respect and uphold the Copenhagen criteria, and to pursue and maintain good neighbourly relations with the EU and all of its Member States without discrimination; whereas the tensions between the EU and Türkiye in relation to the situation in the Eastern Mediterranean have de-escalated but not ceased; whereas Türkiye has repeatedly been asked to refrain from all actions which violate the sovereignty and sovereign rights of all EU Member States and are in breach of international and EU law;

    C.  whereas the 2023 Commission progress report on Türkiye painted a picture of continued backsliding, while its latest progress report of 2024 appears to present a slightly more positive overall picture of progress on enlargement-related reforms in Türkiye, such as in the area of economic and monetary policies; whereas this cannot, however, be applied to the core matters related to democracy and fundamental rights, which have deteriorated even further since the release of the Commission’s latest report; whereas the gap between Türkiye and the EU’s values and normative framework has therefore remained unaddressed during the recent period with the persistent use of laws and measures aimed at curtailing the rule of law and human rights, fundamental freedoms and civil liberties;

    D.  whereas the joint communication on the state of play of EU-Türkiye relations of 29 November 2023 struck a more positive note, putting forward a set of recommendations on cooperating in areas of joint interest in a phased, proportionate and reversible manner and based on the established conditionalities; whereas only a few concrete steps in line with the commitments therein have been taken so far; whereas the April 2024 European Council mandated Coreper to advance in the implementation of this joint communication; whereas nevertheless this joint communication has not yet received a clear political endorsement by the Council;

    E.  whereas Türkiye is a member of the Council of Europe and is therefore bound by the judgments of the ECtHR; whereas owing to its failure to apply landmark ECtHR rulings, Türkiye is currently facing historical infringement proceedings; whereas Türkiye consistently ranks among the countries most frequently found in violation of the human rights and fundamental freedoms protected by the European Convention on Human Rights; whereas as of late November 2024, Türkiye had the highest number of pending cases before the ECtHR, with 22 450 applications, representing 36,7 % of the Court’s total caseload of 61 250 applications;

    F.  whereas Türkiye is classified as ‘not free’ by Freedom House and has experienced one of the worst declines in the level of freedom in the world in the past 10 years; whereas Türkiye ranks 158th out of 180 countries in the 2024 World Press Freedom Index; whereas the Turkish Government has closed dozens of media outlets, routinely blocks online articles, is reported to control 85 % of national media and uses its state agency Anadolu as an organ of propaganda;

    G.  whereas the Turkish constitution provides for sufficient protection of fundamental rights, but the practice of the institutions and the critical state of the judiciary, including the lack of respect for Constitutional Court rulings, are the main reasons for the dire situation of the rule of law and human rights in the country, issues repeatedly described in the reports of the EU, the Council of Europe and international organisations;

    H.  whereas Türkiye has the highest incarceration rate and the largest prison population of all Council of Europe Member States, with an overcrowded prison population that has grown by 439 % between 2005 and 2023 and currently represents more than a third of all inmates of Council of Europe countries;

    I.  whereas Türkiye is ranked 127th out of 146 countries in the 2024 Global Gender Gap Index, underscoring severe gender inequality and systemic failures in protecting women’s rights; whereas according to the 2024 report of the We Will Stop Femicide Platform (Kadın Cinayetlerini Durduracağız Platformu), 394 women were murdered by men and 259 women were found dead in suspicious circumstances in Türkiye in 2024, the highest number recorded since the civil society group started collecting data in 2010; whereas in its 2023 report, the platform noted that 315 women were killed by men, and 248 women were found dead in suspicious circumstances;

    J.  whereas in recent months, Türkiye has taken steps towards the resumption of a process for a peaceful resolution of the Kurdish question; whereas on 27 February 2025 jailed militant leader Abdullah Öcalan called on his Kurdistan Workers’ Party (PKK) to disarm and disband, providing a historic opportunity to end the Turkish-Kurdish conflict; whereas these efforts have been accompanied by increasing repression and the curtailment of the powers of democratic local governments, including the dismissal of elected Kurdish and other opposition mayors;

    K.  whereas, alongside being a candidate for EU accession, Türkiye is a NATO ally and a key partner in the areas of trade, economic relations, security, the fight against terrorism, and migration; whereas Türkiye continues to play a key role in the region, acts as a bridge between Europe and Asia, and remains a key partner for the stability of the wider East Mediterranean region; whereas Türkiye continues to play a significant role in the Syrian conflict and maintains a military presence in northern Syria;

    L.  whereas Türkiye has not aligned with EU sanctions against Russia; whereas trade between Türkiye and Russia has nearly doubled since the EU’s imposition of sanctions against Russia; whereas despite some steps taken, Türkiye has not prevented its territory from being used to circumvent EU sanctions against Russia;

    M.  whereas the 2024 Commission progress report on Türkiye states that, as at 30 September 2024, the country maintained a very low alignment rate of 5 % with relevant statements of the High Representative on behalf of the EU and with relevant Council decisions, compared to 9 % in 2023;

    N.  whereas Türkiye is the EU’s fifth largest trade partner, and the EU is Türkiye’s largest trading partner by far, as well as its primary source of foreign direct investment;

    O.  whereas in the past year, the level of engagement between the EU and Türkiye has increased in terms of both technical and high-level meetings in sectoral areas;

    P.  whereas Türkiye has applied for membership of BRICS+ and shown interest in joining the Shanghai Cooperation Organisation (SCO);

    Q.  whereas following a period of unorthodox economic policy, Türkiye has implemented a tighter monetary policy over the past year leading to a reduction in external imbalances and a moderation of inflationary pressures;

    R.  whereas in March 2025 the Turkish Government spent at least USD 10 billion of its currency reserves to counteract the collapse of its financial markets and the devaluation of the lira caused by its decision to arrest and detain Mayor of Istanbul and prominent opposition politician Ekrem İmamoğlu; whereas the Turkish Government’s undermining of Turkish democracy and the rule of law creates an unfavourable environment for foreign direct investment and hence weakens the Turkish economy, with grave consequences for the socio-economic situation of Turkish citizens;

    S.  whereas Türkiye hosts the largest refugee population in the world, with around 3,1 million registered refugees, mainly from Syria, Iraq and Afghanistan; whereas since 2011 the EU has directed more than EUR 10 billion to assisting refugees and host communities in Türkiye; whereas according to a credible investigative report by Lighthouse Reports and eight media partners, the EU is funding removal centres in Türkiye implicated in the detention, abuse and forced deportations of refugees under the guise of voluntary return;

    T.  whereas in addition to the emergency assistance coordinated via the EU Civil Protection Mechanism, with an estimated financial value of EUR 38 million, the EU provided EUR 78,2 million in humanitarian aid for the earthquake response in 2023, and EUR 26 million in humanitarian aid in 2024; whereas the EU signed an additional EUR 400 million in assistance under the EU Solidarity Fund to finance recovery operations following the devastating earthquake;

    U.  whereas Türkiye has systematically misused counterterrorism laws to target elected officials, opposition politicians, journalists and human rights defenders, among others;

    Commitment to EU accession

    1.  Recognises the long-standing aspirations of Turkish civil society regarding accession to the European Union; welcomes the Turkish Government’s recent statements reiterating its commitment to EU membership as a strategic goal amid an effort to revitalise EU-Türkiye relations in line with relevant European Council conclusions in a phased, proportionate and reversible manner; recognises the EU’s commitment to fostering this engagement through enhanced dialogue and cooperation but encourages it to review its expectations for engagement in the foreseeable future, in light of the deterioration of democratic standards that has been pushing the country towards an authoritarian model over the past decade, accelerating recently with the politically motivated arrest of President Recep Tayyip Erdoğan’s main political opponent, Mayor of Istanbul Metropolitan Municipality Ekrem İmamoğlu;

    2.  Stresses that EU membership is contingent on fulfilling the accession (Copenhagen) criteria, which require stable institutions that guarantee democracy, the rule of law, human rights, respect for and the protection of minorities, good neighbourly relations, respect for international law and alignment with the EU CFSP; further notes that these are absolute criteria, not issues subject to transactional strategic considerations and negotiations; stresses that recognition of all Member States is a necessary component of the accession process;

    3.  Regrets, in this regard, that the aforementioned positive statements have not been accompanied by any concrete actions by the Turkish authorities to close the persistent and vast gap between Türkiye and the EU on values and standards, particularly with regard to the fundamentals of the accession process; reiterates its previously adopted conclusion that the Turkish Government continues to show, as it has done for the past few years, a clear lack of political will to carry out the necessary reforms to reactivate the accession process and continues to pursue a deeply entrenched authoritarian understanding of the presidential system;

    4.  Acknowledges the strategic and geopolitical importance of Türkiye, and its increasing presence and influence in areas critical to international security, such as the Black Sea region, including Ukraine, and the Middle East; reiterates that Türkiye is a strategic partner and NATO ally, and a country with which the EU has close relations in the areas of security, trade, economy and migration; welcomes closer cooperation between Türkiye and the EU, to which the Turkish Government has made frequent reference, but stresses that this cannot in any way be a substitute for the necessary real progress which Türkiye, as a candidate country, needs to make with regard to meeting the fundamental requirements for accession; highlights, in this regard, that there are no shortcuts in the accession process and that no argument can be put forward to avoid discussing the democratic principles which are at the core of the accession process;

    5.  Notes that the Commission’s Türkiye report 2024 paints a more positive picture of reform implementation in the context of Türkiye’s accession process than the Türkiye report 2023, shifting from further deterioration to ‘no progress’ with regard to the rule of law and human rights issues; is of the opinion, however, that at least in key areas such as democracy, rule of law and fundamental rights, this is due to the fact that a very low point had already been reached and this situation has remained unchanged;

    6.  Further takes note of a nuanced shift in focus of the Türkiye report 2024, by contrast with the 2023 report, away from the accession process towards a strategic partnership between the European Union und Türkiye; is of the opinion that the critical state of the accession process is driving the Commission and the Council to focus merely on the partnership dimension of the EU’s relations with Türkiye, as is also reflected in the joint communication on the state of play of EU-Türkiye relations of 29 November 2023, and of 22 March 2021; highlights the increasing shift towards a different framework for the relationship, which might come at the expense of the accession process;

    The core of the accession process: democracy, the rule of law and fundamental rights

    7.  Considers that, in terms of human rights and the rule of law, Parliament’s recent resolutions on the matter remain valid in light of the continued dire human rights situation and democratic backsliding in Türkiye over the last year; fully endorses the latest resolutions of the Parliamentary Assembly of the Council of Europe and the related report by its Monitoring Committee, as well as the resolutions adopted by the Committee of Ministers of the Council of Europe, which depict in detail the wide range of serious shortfalls in human rights constantly reported by locally and internationally renowned human rights organisations;

    8.  Notes the Turkish Government’s stated commitment to judicial reform and the introduction of measures of an organisational nature; highlights, however, the need to introduce structural measures ensuring judicial independence; deeply regrets that, despite a reform strategy with nine judicial reform packages, the state of independence of the judiciary in Türkiye remains desolate following systematic government interference in and political instrumentalisation of the judicial system; deplores, in this regard, the weakening of remaining constitutional review mechanisms, particularly individual applications, and the frequent violations of due process;

    9.  Is dismayed by the persecution of legal professionals, including most recently the lawsuit filed by the Istanbul Chief Public Prosecutor’s Office that resulted in the removal of the leadership of the Istanbul Bar Association on charges of ‘making propaganda for a terrorist organization’ and ‘publicly disseminating misleading information’ for having asked for an investigation into the murders of two Kurdish journalists in Syria, and in the imprisonment of one of the members of the Istanbul Bar Association’s executive board following his trip to Strasbourg to hold meetings with Council of Europe institutions;

    10.  Is alarmed by the blatant lack of implementation of decisions by the Constitutional Court, including in the case of MP Can Atalay, which has turned into a serious judicial crisis, with the Court of Cassation filing a criminal complaint against nine judges of the Constitutional Court; is worried by the recent decision of the Court of Cassation to overturn the sentences of and release the terrorists involved in the ISIS attack at Istanbul’s Atatürk Airport, which claimed 45 lives in 2016;

    11.  Calls on Türkiye to strengthen its commitment to democratic governance, especially through reforms that ensure an independent judiciary; takes notes of the recent announcement of the Fourth Judicial Reform Strategy, spanning 2025-2029; calls on the Turkish Government to move from the superficial changes made so far through the recurrent reform packages and action plans to a profound and long overdue reform that will address, through real political will, the serious and structural shortcomings of Türkiye’s judiciary; stresses that putting an end to political interference in the judiciary requires no strategy or reform package but merely the political will to do so;

    12.  Remains deeply concerned by the continued deterioration of democratic standards and relentless crackdown by the Turkish authorities on any critical voices by means of a growing battery of repressive laws, the regular misuse of counterterrorism laws, including their application in relation to minors (as in the ‘Kız Çocukları Davası’ trial), the disproportionate use of the crime of insulting a public official, the extensive use of secret witnesses and dormant cases in flawed judicial proceedings, and the recurrent practice of exaggerated night arrests and home raids to portray targeted persons as extremely dangerous;

    13.  Welcomes the withdrawal in November 2024 of the draft amendment to Türkiye’s espionage laws, known as the ‘agent of influence’ law; urges the Turkish authorities to refrain from reintroducing a similar overly broad and vague law in the future, given the serious risk that it would be used as a tool to further criminalise the legitimate activities of civil society organisations within the country; calls on the Turkish authorities to ensure that the recently approved cybersecurity bill will serve its legitimate purpose of protecting data privacy and national security without giving way to potential infringements of fundamental rights or becoming another tool for further repression; stresses that the judicial apparatus remains heavily restrictive, with a complex web of legislation serving as a tool to systematically control and silence any critical voice, such as the 2020 social media law, the 2021 anti-money laundering law and the 2022 disinformation law;

    14.  Is concerned by the recent approval of legal provisions granting extraordinary powers to the State Supervisory Council (DDK) and the Savings Deposit Insurance Fund (TMSF), including the possibility for the former to dismiss public officials of all types and levels and appoint trustees, which could be used in an arbitrary manner;

    15.  Urges the Turkish authorities to put an end to the current serious restrictions on fundamental freedoms, in particular of expression, of assembly and of association, and to the constant attacks on the fundamental rights of members of the opposition, human rights defenders, lawyers, trade unionists, members of minorities, journalists, academics, artists and civil society activists, among others; strongly condemns the recent waves of mass arrest and imprisonment on politically motivated charges, and on the grounds of suspected terror links, affecting political figures, academics and journalists, including the arrests of Elif Akgül, independent journalist, Yıldız Tar, editor in chief of LGBT+ news site Kaos GL, Ender İmrek, columnist of Evrensel daily, and Joakim Medin, Swedish journalist for ETC, all well known for their work on human rights issues;

    16.  Strongly condemns the recent arrest and detention of the Swedish journalist Joakim Medin; reiterates that freedom of the press is a fundamental right and core EU value; strongly condemns the accusations made against Joakim Medin, which are solely based on his journalistic work and therefore demands his immediate and unconditional release and that of other journalists imprisoned for exercising their freedom of speech;

    17.  Deplores the continued prosecution, censorship and harassment of journalists and independent media, denying them the freedom to carry out their professional duties and inform the public, which is essential to a functioning democratic society; calls on the Turkish authorities to refrain from further attacks on independent media and to uphold fundamental rights and civil liberties such as freedom of speech and of the press; remains deeply concerned by the existing legislation that prevents an open and free internet, with lengthy prison sentences imposed for social media posts, scores of access blocks and content removal orders, and by the continued use of the Radio and Television Supreme Council (RTÜK) to crack down on media criticism and even on outlets deemed to spread ‘pessimism’ instead of positive news;

    18.  Acknowledges the positive developments in relation to the partial lifting by the minister of the interior of restrictions on the weekly vigils of the Saturday Mothers, Cumartesi Anneleri, in Istanbul’s Galatasaray Square, and the recent acquittal of all 46 people prosecuted for more than 6 years in the case surrounding the organisation’s 700th gathering in August 2018; calls for the complete removal of all restrictions on their peaceful protest, in full compliance with the relevant Constitutional Court ruling, and for an end to the ongoing judicial case against several of its members and sympathisers; is concerned by the ongoing trial against prominent human rights defender Nimet Tanrıkulu, who was released on 4 March 2025 after spending 94 days in pre-trial detention; urges the Turkish authorities to ensure the immediate release of all individuals detained for exercising their fundamental freedoms;

    19.  Continues to be appalled by the Turkish authorities’, in particular the Turkish judiciary’s, continuous disregard for and failure to apply landmark ECtHR rulings; reiterates its condemnation of Türkiye’s blatant misuse of the judicial system and the refusal to release from detention human rights defender Osman Kavala and opposition politicians Selahattin Demirtaş and Figen Yüksekdağ,for which Türkiye is facing historical infringement proceedings in the Council of Europe, with long-awaited consequences yet to be determined; is appalled by the recent filing and acceptance of a new indictment against Selahattin Demirtaş in which the Diyarbakır Chief Public Prosecutor’s Office asks for up to 15 years of imprisonment and a ban on his political activities on the basis of several speeches he made in 2016; calls on Türkiye to fully comply with the ECtHR judgements related to missing persons and properties (inter alia in the Fokas case) in Cyprus; deplores the politically motivated nature of these prosecutions, which form part of a broader pattern of judicial harassment; calls on Türkiye to fully implement all judgments of the ECtHR in line with Article 46 of the ECHR and in line with the unconditional obligations derived from Article 90 of the Turkish constitution; calls on the European Commission and Member States to use all diplomatic channels to urge Türkiye to implement relevant ECtHR rulings and consider implementing relevant funding conditionality in relation to compliance with ECtHR rulings;

    20.  Calls on Türkiye to respect the European Court of Human Rights decision of 24 January 2008, which found Türkiye guilty of breaching Article 2 of the European Convention on Human Rights, due to its failure to locate and prosecute those responsible in the case of the murders of Tassos Isaak and Solomos Solomou, which were committed in Cyprus in 1996; calls on the Turkish authorities to enforce the international arrest warrants against the murder suspects, and hand them over to the Republic of Cyprus;

    21.  Expresses its deep concern about the dire situation in Turkish prisons owing to severe overcrowding and poor living conditions, with reports, including by the Council of Europe, of torture and ill-treatment being widespread, and access to basic needs such as hygiene and information being severely limited; is particularly worried by the conditions of imprisonment of elderly and seriously ill prisoners, such as the case of Soydan Akay, who is being unjustly kept imprisoned; calls for his immediate release on humanitarian and health grounds; is concerned by the continued use of humiliating strip searches in prisons and other places of detention and by the persisting harassment of MP Ömer Faruk Gergerlioğlu, who is currently facing six proceedings for the removal of his parliamentary seat and immunity, among other reasons for his having denounced this very practice;

    22.  Strongly condemns the Turkish Government’s decision to dismiss, following the March 2024 local elections, the democratically elected mayors of at least 13 municipalities and districts (Hakkari, Mardin, Batman, Halfeti, Tunceli, Bahçesaray, Akdeniz, Siirt, Van and Kağızman, won by the DEM Party; and Esenyurt Ovacık and Şişli, won by CHP Party) and to replace them with government trustees appointed by the interior ministry; regards this long-standing practice of appointing trustees as a blatant attack on the most basic principles of local democracy; urges the Turkish authorities to immediately cease and reverse repression of political opposition and to respect the rights of voters to elect their chosen representatives in line with the recommendations of the Congress of Local and Regional Authorities of the Council of Europe and the Venice Commission; reiterates its call on the VP/HR to consider restrictive measures under the EU Global Human Rights Sanctions Regime against Turkish officials assuming the role of trustee and those appointing them; denounces the severe repression of protests against the removal of elected mayors, including the arbitrary arrest of hundreds of protesters, some of whom were minors; regards the decision of the Turkish Government to return to this practice after the last local elections of March 2024 as a clear sign of its lack of commitment to addressing the democratic shortcomings within the country and in clear contradiction to the declared willingness to revitalise the accession process, as such actions undermine the prospects for a stronger, more comprehensive partnership with the EU and are detrimental to long-term progress towards closer cooperation;

    23.  Deplores the permanent targeting of political parties and members of the opposition, who continue to suffer increasing pressure; condemns in the strongest terms the recent arrest and removal from office of the Istanbul Metropolitan Municipality CHP Mayor Ekrem İmamoğlu, along with the mayors of Şişli and Beylikdüzü, in the framework of two separate investigations on alleged corruption and terrorist-related charges involving a total of 106 suspects; highlights that these last cases, which are part of a long list of 42 administrative and 51 judicial investigations since İmamoğlu’s election in 2019, were launched just a few days before the internal party election to nominate him presidential candidate and the day after the controverted decision by Istanbul University to revoke his diploma, a requisite for his eligibility to be President; is appalled by the decision to temporarily ban all demonstrations in Istanbul and other provinces across the country, and the slowdown on social media; condemns the Turkish authorities’ harsh crackdown on the peaceful mass protests, including the detention of nearly 2000 people, many of them students, and the prosecution of hundreds of them through hasty mass trials with a lack of any evidence of criminal wrongdoing; expresses its deep concern over the unlawful arrest of Esila Ayık, a Ghent-based photography student detained on 8 April 2025 during protests in Istanbul, particularly owing to her untreated heart and kidney conditions; calls for the immediate release of all those still in detention and the acquittal of all those prosecuted for exercising their fundamental rights; deplores the arrests, detentions and deportations of local and international journalists covering the protests, in violation of the freedom of the press; urges the Turkish authorities to promptly and effectively investigate all allegations of harassment and excessive use of force against protesters and to uphold the freedom of assembly and protest; considers that the attacks against İmamoğlu constitute a politically motivated move aimed at preventing a legitimate challenger from standing in the upcoming elections and that with these actions the current Turkish authorities are further pushing the country towards a fully authoritarian model; regrets the EU’s lack of a strong, unified response to these alarming developments;

    24.  Further expresses its concern about the recent separate cases against Istanbul’s Beşiktaş district CHP Mayor Rıza Akpolat, Istanbul’s Beykoz district CHP Mayor Alaattin Köseler, CHP Youth Branch Chair Cem Aydın, and Zafer Party Chair Ümit Özdag; is appalled by the brutal and relentless crackdown on any kind of criticism to which all sectors of Turkish society have recently been subjected by the Turkish authorities, as illustrated, among others, by the case of Ayşe Barım, a well-known talent manager imprisoned since 27 January 2025 for alleged involvement in the Gezi Park protest 12 years ago, the investigation launched against Orhan Turan and Ömer Aras, the president and an executive of TÜSIAD, the country’s main business group, and the indictment, with the aim of imposing hefty prison sentences, of Halk TV Editor-in-Chief Suat Toktaş and journalists Seda Selek, Barış Pehlivan, Serhan Asker and Kürşad Oğuz, who have been provisionally acquitted; is concerned by the involvement in these and other cases of recently appointed Istanbul Chief Public Prosecutor Akın Gürlek, who has a long record of involvement, in different positions, in high-profile cases against political figures, and which may give grounds for considering the application of restrictive measures under the EU Human Rights sanction regime; is also concerned by the growing financial pressure on opposition municipalities and controversial announcements, such as that made in relation to day-care centres run by opposition municipalities;

    25.  Expresses its deep concern at the deterioration in women’s rights, at gender-based violence and at the increase in the incidence of femicide in Türkiye in 2024, which has been the highest since 2010, the year before the signing of the Istanbul Convention; reiterates its strong condemnation of Türkiye’s withdrawal, by presidential decree, from this international agreement and reiterates its call to reverse this decision; urges the Turkish authorities to improve the legislative framework and its implementation, including by fully applying Protection Law no. 6284, in order to effectively tackle all forms of violence against women and the practice of so-called ‘honour killings’, end the persistent policy of impunity by holding abusers to account, and advance towards gender equality, particularly with regard to the participation of women in decision-making and policymaking processes; warns against further encroachments on women’s rights, as exemplified by Türkiye’s recent ban on elective caesarean sections at private medical centres without medical justification, which constitutes an unacceptable infringement on women’s bodily autonomy;

    26.  Strongly condemns the ongoing violations and lack of protection of the fundamental rights of LGBTI+ persons in Türkiye, including the increased incidence of hate speech, hate crimes and discriminatory rhetoric, as well as continued media stereotyping based on sexual orientation and gender identity; deplores the fact that this continued discrimination is often sanctioned by the authorities, as evidenced by the mass arrests made during the Pride March in 2023 and the banning of the march in 2024, while anti-LGBTI+ marches were permitted; urges the Turkish authorities to stop banning activities against homophobia, including Pride marches, with immediate effect;

    27.  Welcomes the increased dialogue with Christian minorities, but stresses that no significant progress has been registered with regard to the protection of the rights of ethnic and religious minorities, in particular as regards their legal personality, including those of the Greek Orthodox population of the islands of Gökçeada (Imvros) and Bozcaada (Tenedos); calls for Türkiye to implement the Venice Commission recommendations and all relevant ECtHR rulings in this regard; notes with concern that representatives of different confessions, including non-Muslim and Alevi communities, continue to face bureaucratic obstacles when attempting to register places of worship; highlights that this is a violation of the right to freedom of religion and belief; calls on Türkiye to adopt the long-awaited regulation on the election of board members in non-Muslim minority foundations controlling community hospitals; reiterates its call on Türkiye to respect the role of the Ecumenical Patriarchate for Orthodox Christians all over the world and to recognise its legal personality and the public use of the ecclesiastical title of Ecumenical Patriarch; calls on Türkiye to fully respect and protect the outstanding universal value of Hagia Sophia and the Chora museum, which are inscribed on UNESCO’s World Heritage List; notes with concern that Türkiye has still not implemented two decisions of the UNESCO World Heritage Committee of 2021 and 2023 regarding its obligations to undertake special measures to protect these monuments; deplores the lack of protection of Panagia Soumela Monastery, which has been put forward for inclusion in the UNESCO World Heritage Monuments list; stresses the need to eliminate restrictions on the training, appointment and succession of clergy; welcomes the envisaged reopening of the Halki Seminary and calls for the lifting of all obstacles to its proper functioning; calls on the Turkish authorities to effectively investigate and prosecute people responsible for any hate crimes, including hate speech, committed against minorities; condemns the antisemitic statements made in the media and by high-level officials following the Hamas terrorist attacks against Israel on 7 October 2023; notes that all of these practices against any religious minority are incompatible with EU values;

    28.  Welcomes Abdullah Öcalan’s recent call on the PKK to lay down arms and dissolve, and to engage in a peace process, as a historic and long-awaited step that could help end a period of 40 years of violence that has caused more than 40 000 deaths; praises the efforts made by all stakeholders involved to facilitate these developments, including the constructive approach of different political leaders that was started by MHP leader Devlet Bahçeli, the visits to Imrali prison granted to a delegation of the DEM Party, and the broad consultations that this party has led with other political parties; underlines that this represents a significant opportunity and must be followed by an inclusive political process, with a prominent role for the Turkish Parliament, aimed at the peaceful and sustainable resolution of the Kurdish issue in its political, social, democratic and security-related aspects; stresses the need to uphold human rights, political pluralism, and civil rights for all citizens, including Kurds; regrets the continued political repression, judicial harassment and restrictions on cultural and linguistic rights faced by Kurdish citizens, which undermine democratic principles and social cohesion;

    Regional cooperation and good neighbourly relations

    29.  Continues to commend Türkiye for hosting around 3,1 million refugees, including 2,9 million Syrians under temporary protection in 2024, down from 3,2 million in 2023; reiterates the importance of Türkiye’s collaboration for the effective and orderly management of migration flows; further welcomes the fact that since 2011 the EU has contributed close to EUR 10 billion to assist Türkiye in hosting refugees; notes that some EU funding has been allocated to strengthening Turkish border control and containment capabilities; welcomes the EU’s decision to allocate an additional EUR 1 billion in December 2024 to further support the healthcare, education, and integration of refugees in Türkiye since the fall of the Assad regime; at the same time, notes that these funds had already been pledged in May 2024, and therefore do not constitute new funds; calls on the Commission to ensure utmost transparency and accuracy in the allocation of funds and that EU-funded projects, particularly those related to removal centres and border control, comply with all relevant human rights standards; is alarmed by credible reports uncovering grave human rights violations at EU-funded removal centres in Türkiye and calls on the Commission to launch a transparent and independent review into the matter; notes with concern that a continuing increase in asylum applications has been registered in the Republic of Cyprus over recent years; recalls Türkiye’s obligation to take all necessary measures to halt the existing illegal migration routes and prevent the creation of new sea or land routes for illegal migration from Türkiye to the EU, particularly to Greece and the Republic of Cyprus; points out the risks related to any possible instrumentalisation of migrants by the Turkish Government; underlines the need to ensure the protection of all refugees’ and migrants’ rights and freedoms; calls on Türkiye to ensure the full and non-discriminatory implementation of the EU-Turkey Statement of 2016 and the EU-Türkiye Readmission Agreement vis-à-vis all Member States, including the Republic of Cyprus; expresses cautious hope that developments in Syria will gradually allow an increasing number of refugees to return home; reiterates that returns should only be carried out on a voluntary basis and under conditions of safety and dignity; condemns repeated violent attacks against refugees and migrants fuelled by xenophobic rhetoric among politicians and host communities; calls on the European Commission and the EU Member States to increase their efforts to preserve humanitarian and protection space for Syrian refugees in Türkiye and to uphold the principle of non-refoulement as a cornerstone of EU policies;

    30.  Reiterates its strong interest in stability and security in the Eastern Mediterranean; welcomes the continued de-escalation and positive momentum in the region and the recent climate of re-engagement between Türkiye and Greece, albeit that unresolved issues continue to affect bilateral relations; deplores the fact that Türkiye continues to violate the sovereignty and sovereign rights of EU Member States, such as Greece and the Republic of Cyprus, including through the promotion of the Blue Homeland doctrine; underlines that, although Turkish violations of Greek airspace have drastically decreased, violations of Greek territorial waters have risen compared to 2023, and systematic illegal fishing activities have been conducted by Turkish vessels within Greek territorial waters; expresses its deep concern that Türkiye continues to uphold a formal threat of war against Greece (casus belli), should the latter exercise its lawful right to extend its territorial waters up to 12 nautical miles into the Aegean Sea, in accordance with Article 3 of the United Nations Convention on the Law of the Sea; calls on Türkiye to fully respect the sovereignty of all EU Member States over their territorial sea and airspace, and their other sovereign rights, including the right to explore and exploit natural resources in accordance with EU and international law, including the United Nations Convention on the Law of the Sea (UNCLOS), which is part of the EU acquis; reiterates its view that the memorandum of understanding between Türkiye and Libya on delimitation of the maritime jurisdiction areas in the Mediterranean infringes upon the sovereign rights of third States, does not comply with the Law of the Sea and cannot produce any legal consequences for third States;

    31.  Regrets the fact that the Cyprus problem remains unresolved, and calls for serious reengagement and the political will of all parties involved to bring about peaceful UN-led negotiations, with a view to achieving real progress in the Cyprus settlement talks; welcomes the resumption of informal talks under the auspices of the UN Secretary-General on 18 and 19 March 2025, which were held in a constructive atmosphere in which both sides showed a clear commitment to making progress and continuing dialogue; welcomes the agreement between both sides on opening four crossing points, demining, establishing a youth affairs committee and launching environmental and solar energy projects, as part of a new set of confidence-building measures; encourages all sides to use this momentum to move towards the resumption of negotiations;

    32.  Strongly reaffirms its view that the only solution to the Cyprus problem is a fair, comprehensive, viable and democratic settlement, including of its external aspects, within the agreed UN framework, on the basis of a bi-communal, bi-zonal federation with a single international legal personality, single sovereignty, single citizenship and political equality, as set out in the relevant UN Security Council resolutions, the agreed areas of convergence and the Framework of the UN Secretary General, as well as in accordance with international law and the principles and values on which the Union is founded; strongly condemns Türkiye’s attempts to upgrade the secessionist entity’s status in occupied Cyprus, including via the Organisation of Turkic States, and calls on all states to respect Cyprus’ sovereignty according to UNSC resolutions; calls, as a matter of urgency, for the resumption of negotiations on the reunification of Cyprus under the auspices of the UN Secretary-General as soon as possible, from the point at which they were interrupted in Crans-Montana in 2017; calls on Türkiye to abandon the unacceptable proposal for a two-state solution in Cyprus and to return to the agreed basis for a solution and the UN framework; further calls on Türkiye to withdraw its troops from Cyprus and refrain from any unilateral action which would entrench the permanent division of the island and from action altering the demographic balance;

    33.  Calls on Türkiye to respect the status of the buffer zone and the mandate of the UN Peacekeeping Force in Cyprus (UNFICYP); reiterates its call for cooperation among the Republic of Cyprus, Türkiye, the United Kingdom and the UN to implement concrete measures for a demilitarisation of the buffer zone, and to improve security on the island; urges Türkiye and the Turkish Cypriot leadership to reverse all unilateral actions and violations within and in the vicinity of the buffer zone and refrain from any further such actions and provocations; condemns the ongoing ‘opening’ of Varosha by Türkiye, as this negatively alters the situation on the ground, undermines mutual trust and negatively impacts the prospects for the resumption of direct talks on the comprehensive solution of the Cyprus problem; calls on Türkiye to reverse its illegal actions in violation of UN Security Council resolutions 550(1984) and 789(1992) on Varosha, which call on Türkiye to transfer the area of Varosha to its lawful inhabitants under the temporary administration of the UN, and to withdraw from Strovilia and facilitate the full implementation of the Pyla Understanding;

    34.  Reiterates its deep concern regarding all unilateral actions which aim at entrenching on the ground the permanent division of Cyprus as opposed to its reunification; condemns, in this context, the recent illegal visit of President Erdoğan to the occupied areas of the Republic of Cyprus, as well as his provocative statements, which jeopardise the efforts of the UN, the EU, the international community at large and other parties involved for the resumption of substantial negotiations in the agreed framework; regrets that such unilateral actions are tantamount to a direct illegitimate intervention against the interests of the Greek and Turkish Cypriot communities;

    35.  Reiterates its call on Türkiye to give the Turkish Cypriot community the necessary space to act in accordance with its role as a legitimate community of the island, which is a right guaranteed by the constitution of the Republic of Cyprus; reiterates its call on the Commission to step up its efforts to engage with the Turkish Cypriot community, with a view to facilitating the resolution of the Cyprus problem and recalling that its place is in the European Union; calls for all parties involved to demonstrate a more courageous approach to bringing the communities together; stresses the need for the EU body of law to be implemented across the entire island following a comprehensive resolution of the Cyprus problem;

    36.  Takes note of the significant work of the Committee on Missing Persons in Cyprus (CMP) and calls for improved access to occupied military zones by the Turkish army, access to its military archives and information as to the relocation of remains from former to subsequent burial sites; remains deeply concerned about the education and religious restrictions and impediments faced by the enclaved Greek Cypriots; calls on Türkiye to step up its cooperation with the Council of Europe and its relevant bodies and institutions, to address their key recommendations, to fully implement the European Convention of Human Rights with regard to respecting the freedom of religion and the freedom of opinion and expression, and the right to access and enjoy cultural heritage, and to stop the deliberate destruction of cultural and religious heritage; condemns the repeated attempts by Türkiye to intimidate and silence Turkish Cypriot journalists, trade unionists, human rights defenders and progressive citizens in the Turkish Cypriot community, thus violating their right to freedom of opinion and expression; calls on Türkiye to halt its proclaimed aggressive policy of the sale and exploitation of Greek Cypriot properties, a policy designed to create irreversible effects on the ground and which completely disregards the European Code of Human Rights ruling on this issue;

    37.  Regrets Türkiye’s continuing refusal to comply with aviation law and establish a channel of communication between air traffic control centres in Türkiye and the Republic of Cyprus, the absence of which entails real safety risks and dangers as identified by the European Union Aviation Safety Agency and the International Federation of Air Line Pilots’ Associations; regrets, too, its denial of access to vessels under the flag of one Member State to the Straits of Bosporus and the Dardanelles; takes the view that these could be areas where Türkiye can prove its commitment to confidence building measures and calls on Türkiye to collaborate by fully implementing EU aviation law; regrets that Türkiye has continued its attempts to impede the implementation of the Great Sea Interconnector, an EU project of common interest, and has persisted in its plans for an illegal electricity interconnector with the occupied area of Cyprus;

    38.  Regrets that for 20 years Türkiye has refused to implement the obligations assumed towards the EU, including those in relation to Cyprus, as per the Negotiating Framework of October 2005; stresses that recognition of all Member States is a necessary component of the accession process; reiterates its call on Türkiye to fulfil its obligation of full, non-discriminatory implementation of the Additional Protocol to the Ankara Agreement in relation to all Member States, including the Republic of Cyprus; further calls on Türkiye to ensure that the human and political rights of all Cypriots are fully respected and that compliance with the fundamental principles of the European Union and the European acquis is guaranteed;

    39.  Affirms its support for a free, secure and stable future for Syria and its citizens and highlights the need for an inclusive and peaceful political transition process that is Syrian-led and Syrian- owned, including the protection and inclusion of religious and ethnic communities; expresses its commitment to constructive cooperation between the EU and Türkiye to that end, on humanitarian aid, promoting a sustainable political solution in Syria, and the fight against DAESH, given that Türkiye has a key role in promoting stability in the region; recalls that Syria’s sovereignty must be restored; acknowledges the importance of rebuilding Syria’s economy as a pillar of long-term stability and prosperity for the region; calls on Türkiye to respect Syria’s territorial integrity and sovereignty and immediately cease all attacks and incursions on and occupation of Syrian territory in full compliance with international law; condemns the attacks carried out in recent weeks, taking advantage of the collapse of the Assad regime, by Turkish-backed militias against Syrian Kurdish forces in the north of Syria; expresses deep concern, as these attacks increase the number of internally displaced persons but also threaten the efficiency and continuity of the fight against Daesh; notes that its ongoing presence risks further destabilising and undermining efforts towards a sustainable political resolution in Syria; further notes that, citing security concerns, Türkiye also illegally occupies areas in Iraq; reiterates that civilian populations should never be the victim of military self-defence; calls for the necessary investigation into the cases in which there have been civilian casualties and to stop the crackdown on journalists working in the area; calls on Türkiye to support the process of implementing the agreement between the Syrian transitional government and the Kurdish-led SDF and refrain from any interference in Syria’s internal processes;

    40.  Supports the normalisation of relations between Armenia and Türkiye in the interests of reconciliation, good neighbourly relations, regional stability and security and socio-economic development, and welcomes the progress achieved so far; welcomes the continued efforts to restore links between the two countries; urges Türkiye to ensure the speedy implementation of agreements reached by the Turkish and Armenian Governments’ special representatives, such as the opening of the airspace and the border between the two countries for the third country nationals, and, subsequently, for holders of diplomatic passports; welcomes the temporary opening of the Margara-Alican border crossing between Armenia and Türkiye to facilitate the delivery of humanitarian aid to Syria; expresses the hope that these developments may give impetus to the normalisation of relations in the South Caucasus region, also in terms of security and socio-economic development, and stresses the EU’s interest in supporting this process; encourages Türkiye to play a constructive role in promoting regional stability by facilitating the swift conclusion of the peace process between Armenia and Azerbaijan, inter alia by exerting its influence on Azerbaijan and by deterring Azerbaijan from any further military action against Armenian sovereignty; encourages Türkiye once again to acknowledge the Armenian genocide in order to pave the way for genuine reconciliation between the Turkish and Armenian peoples and to fully respect its obligations to protect Armenian cultural heritage;

    41.  Notes that Türkiye’s stance in relation to Russia’s war of aggression against Ukraine continues to affect EU-Türkiye relations, as Türkiye attempts to maintain ties with both the West and Russia simultaneously; notes Türkiye’s diplomatic attempts to mediate between Russia and Ukraine, particularly regarding the Black Sea Grain Initiative, as well as its continued support for the territorial integrity and sovereignty of Ukraine, including its vote in favour of UN General Assembly resolutions condemning the Russian aggression against Ukraine; regrets that, on the other hand, trade between Türkiye and Russia has risen sharply since the start of the war in Ukraine, making Türkiye Russia’s second largest trading partner despite EU sanctions against Russia, and that Türkiye is the only NATO member state not having imposed any sanctions on Russia; further notes that the European Union’s anti-fraud office, OLAF, has initiated an investigation into a loophole that enables countries like Türkiye to rebrand sanctioned Russian oil and export it to the EU; welcomes, however, positive steps such as Türkiye’s blocking of exports to Russia for certain dual use goods, as well as products originating in the United States and the United Kingdom that are of benefit to Russian military action; reiterates its call on the Turkish Government to halt its plans for the Akkuyu Nuclear Power Plant, which will be built, operated and owned by Russia’s state atomic energy corporation, Rosatom; expresses concern at Türkiye’s ongoing discussions with Russia to establish a gas-trading hub in Istanbul, scheduled to begin operations in 2025;

    42.  Welcomes Türkiye’s participation in various crisis management missions and operations (within the framework of the common security and defence policy); regrets, however, the further deterioration in the level of alignment on common foreign and security policy positions, including on sanctions and countering the circumvention of sanctions, which has fallen to a historically low rate of 5 %, the lowest rate for any accession country; recalls that EU candidate countries are required to progressively align with the common foreign and security policy of the European Union and comply with international law; regrets that Türkiye has not undertaken any steps in this regard, notably by failing to align with EU sanctions against Russia, and that in many areas of mutual interest the foreign policies of the EU and Türkiye are worryingly divergent; urges Türkiye to align with and fully implement the EU sanctions against Russia, including on anti-circumvention measures and to cooperate closely with the EU’s Sanctions Envoy;

    43.  Stresses the importance of reinforcing EU-Türkiye cooperation in global security matters, particularly in light of the changing geopolitical landscape and potential shifts in US foreign policy; expresses cautious hope that recent informal engagement, such as the participation of the Turkish Foreign Minister in the informal meeting of EU foreign affairs ministers in 2024, may provide an impetus towards better relations; acknowledges Türkiye’s key role as an ally in NATO and welcomes the Turkish Parliament’s decision to ratify Sweden’s NATO accession in January 2024; recalls, in this regard, that Türkiye has a key responsibility to foster stability at both regional and global levels and is expected to act in line with its NATO obligations, especially given the current geopolitical upheavals; encourages constructive engagement in a more structured and frequent political dialogue on foreign, security and defence policy to seek collaboration on convergent interests while working to reduce divergences, particularly with regard to removing persistent obstacles to the enhancement of a genuine relationship between the EU and NATO, including the acquisition from Russia of the S-400 air defence system; remains duly concerned that Türkiye continues to exclude a Member State from cooperation with NATO;

    44.  Welcomes Türkiye’s long-standing position in favour of a two-state solution for the Israeli-Palestinian conflict, its calls for a ceasefire in the Israel-Hamas war, and its ongoing efforts to supply humanitarian aid to Gaza throughout the conflict; deeply regrets, at the same time, the Turkish authorities’, including the President’s, active support for the EU-listed terror group Hamas and their stance on the attack against Israel on 7 October 2023, which the Turkish Government failed to condemn; points out that Türkiye’s open support for Hamas and its refusal to designate it a terrorist organisation is not compatible with the EU’s foreign and security policy; calls, therefore, for a revision of this position;

    45.  Notes with concern that Türkiye has asked to be a member of BRICS+ and been offered ‘partner country’ status, and is considering the same for the Shanghai Cooperation Organisation (SCO), where it holds the status of a dialogue partner; expresses serious concern over Türkiye’s increasing interest in an alternative partnership framework, which is fundamentally incompatible with the EU accession process; insists that Türkiye’s new status as a BRICS partner country must not affect Türkiye’s responsibilities within NATO; notes that Türkiye has been cultivating cooperation formats, partnerships and regional alliances beyond the EU; is concerned by Türkiye’s tendency to use this multi-vector approach to advance its interests without committing to a full-fledged cooperation with any of these alliances;

    46.  Remains concerned by the Turkish Government’s use of the Turkish diaspora as an instrument for occasional meddling in EU Member States’ domestic policies;

    Socio-economic and sustainability reforms

    47.  Welcomes Türkiye’s return to a more conventional economic and monetary policy, while maintaining robust growth and a moderate budget deficit; regrets, however, that the cost of this is yet again being borne by citizens in the form of higher interest rates; highlights that social vulnerabilities have increased, particularly among children and older people, primarily due to the absence of a comprehensive poverty reduction strategy and income inequalities; underlines the necessity for the Turkish authorities to implement comprehensive social protection measures, strengthen collective bargaining rights and ensure that economic reforms prioritise reducing inequality and creating decent work opportunities;

    48.  Regrets the fact that despite the progress observed in economic and monetary policies, other actions by the Turkish Government affecting the rule of law continue to undermine basic principles such as legal certainty, which impacts negatively on Türkiye’s potential capacity to receive investments; welcomes the removal of Türkiye from the grey list of the Financial Action Task Force (FATF) in June 2024, following significant progress in improving its anti-money laundering regime and combating the financing of terrorism;

    49.  Welcomes Türkiye’s increased investment activity in the green energy sector and calls on Türkiye to continue improving the compatibility of its energy policy with the EU acquis, exploiting Türkiye’s enormous potential in renewable energy; expresses concern about the lack of any significant progress on climate action, in particular owing to the absence of a comprehensive climate law, a domestic emissions trading system, and a long-term low-emission development strategy, which undermines its 2053 climate neutrality target; highlights the need for a robust legal framework and stricter enforcement mechanisms to safeguard environmental and natural resources; urges Türkiye to align its environmental policies with the EU acquis, including respecting natural habitats when conducting mining projects, and underlines the importance of Türkiye’s adherence to the Aarhus Convention; commends the work of environmental rights defenders in Türkiye and warns against the dire environmental impact of extensive government projects, such as the expansion of its copper mining activities in Mount Ida (Kaz Daglari);

    50.  Highlights the fact that Türkiye has taken steps to diversify energy supplies and increase its renewable energy share; notes that the country is the seventh largest LNG market and highlights its potential as a regional energy hub; takes note that Türkiye has subscribed to the global goals on energy efficiency and renewable energy capacity by 2030; calls on the Commission to take into account Türkiye’s potential as a regional energy hub in initiatives to increase the installed renewable capacity in the Mediterranean region and in the development of the New Pact for the Mediterranean, and calls for energy cooperation to be part of the common agenda;

    51.  Observes some improvements in labour market conditions and points out a number of pending critical challenges, such as informal employment, the gender gap, and income inequality; is worried about the low coverage of collective bargaining and the lack of recognition of trade union rights for certain public sector employees; believes that more efforts are needed to enhance social dialogue mechanisms and address emerging occupational safety challenges; recalls that trade union freedom and social dialogue are crucial to the development and prosperity of a pluralistic society; deplores, in this regard, the recent detentions of trade unionists including Remzi Çalişkan, vice-president of the DISK confederation, and president of Genel-Iş, who was released after a month in prison, Kemal Göksoy, President of the Mersin Branch of Genel-İş, who remains in prison, and Mehmet Türkmen, chair of the textile sector union BİRTEK SEN, who was detained on 14 February 2025;

    Wider EU-Türkiye relations

    52.  Reiterates its firm conviction that, beyond the currently frozen accession process, Türkiye is a country of strategic relevance, a key partner for the stability of the wider region and plays an important role in addressing security challenges, migration management, counterterrorism, and energy security; stresses the importance of maintaining constructive dialogue and deepening cooperation in areas of mutual strategic interest; points towards a number of policy areas for future engagement, whether it be the green transition, trade, energy, a modernised customs union and visa liberalisation, among others; recalls, however, that democratic backsliding and non-alignment with the CFSP are not conducive to significant progress being made in that regard; reaffirms that the EU is committed to pursuing the best possible relations with Türkiye, based on dialogue, respect and mutual trust, in line with international law and good neighbourly relations;

    53.  Stresses the importance of encouraging deeper partnership in all economic sectors, to the benefit of the EU and all of its Member States and Türkiye; notes in particular the importance of cooperation in the fields of energy, innovation, artificial intelligence, health, security and migration management, among others; in this regard, notes that various high-level dialogues (HLDs) were held recently, including the HLD on trade and the HLD on economy, as steps towards pragmatic forms of cooperation in areas of mutual importance; calls again for the resumption of all relevant HLDs and for the establishment of structured HLDs on sectoral cooperation, to address common challenges and explore opportunities, on the condition that such cooperation must go hand-in-hand with clear and consistent conditionality grounded in respect for democratic principles, the rule of law and fundamental rights, as previously underlined in this resolution;

    54.  Stands ready to support an upgraded customs union with a broader, mutually beneficial scope, which could encompass a wide range of areas of common interest, including digitalisation, Green Deal alignment for green energy policies, public procurement, sustainable development commitments, and due diligence, contributing to the economic security of both sides; supports accompanying this upgraded customs union with an efficient and effective dispute settlement mechanism; underlines the fact that for Parliament to give its consent at the end of the process, such a modernisation would need to be based on strong conditionality related to human rights and fundamental freedoms, respect for international law and good neighbourly relations, including Türkiye’s full implementation of the Additional Protocol on extending the Ankara Agreement to all Member States without exception and in a non-discriminatory fashion;

    55.  Notes with deep regret that no progress has been made by Türkiye towards meeting the required benchmarks for visa liberalisation; reiterates its willingness to start the visa liberalisation process as soon as the Turkish authorities fully fulfil the six clearly outstanding benchmarks in a non-discriminatory manner vis-à-vis all EU Member states while aligning with EU visa policy; regrets that Turkish citizens are facing problems with visa requests/applications to EU Member States owing to a marked increase in demand and fears of abuse of the system; recognises, however, the political commitment to improving access to visas and calls for intensified efforts on both sides to address the remaining technical and administrative barriers; calls on the EU Member States to increase the resources allocated to this matter; supports measures on visa facilitation, particularly with regard to business activities and Erasmus students; deeply regrets the constant attempts by the Turkish authorities to blame the EU for not making progress on this dossier, while not taking any necessary steps to comply with the remaining benchmarks; reminds Türkiye that the lack of tangible and cumulative progress on the pending conditions has a direct impact on business activities and Erasmus students; appreciates the invaluable contribution of Erasmus+ exchanges in providing rich cross-cultural educational opportunities; regrets, however, the poor oversight on the part of the Commission, exemplified by the Erasmus partnership with Gaziantep Islam Science and Technology University, whose leadership publicly expressed support for terrorist acts; calls on the Commission to ensure that partner universities respect the EU Charter of Fundamental Rights by conducting ex ante verifications and regular controls;

    The way forward for EU-Türkiye relations

    56.  Considers, in view of the above, that the Turkish Government has failed to take the necessary steps to address the existing fundamental democratic shortcomings within the country and therefore reiterates its view that Türkiye’s EU accession process cannot be resumed in the current circumstances, despite the democratic and pro-European aspirations of a large part of Turkish society; recalls that, as in the case of any other candidate, the accession process is contingent on full compliance with the Copenhagen criteria and on the normalisation of relations with all EU Member States;

    57.  Urges the Turkish Government and the EU institutions and Member States to continue working, beyond the currently frozen accession process, on the basis of the relevant Council and European Council conclusions and the established conditionality, towards a closer, more dynamic and strategic partnership with particular emphasis on climate action, energy security, counter-terrorism cooperation and regional stability; insists on the need to begin a process of reflection on how this new constructive and progressive framework for EU-Türkiye relations can encompass the interests of all parties involved, for example by modernising and enhancing the current Association Agreement; underlines that such a positive process must be based on and matched by tangible progress in Türkiye as regards CFSP alignment, democracy, the rule of law and respect for fundamental values;

    58.  Considers the joint communication of 29 November 2023 on the state of play of EU-Türkiye relations a good basis on which to move forward in the overall relations between the EU and Türkiye; regrets the lack of a clear political endorsement of this joint communication so far by the Council; reiterates that recognition of all EU Member States is a necessary component of any agreement between the EU and Türkiye; stresses that Türkiye’s constructive engagement, including in relation to the Cyprus problem, remains key to advancing closer cooperation between the EU and Türkiye;

    59.  Warns, nevertheless, that a further drift towards authoritarianism by the Turkish authorities, such as we have been witnessing recently, will ultimately have a severe impact on all dimensions of EU-Türkiye relations, including trade and security cooperation, as it prevents the trust and reliability needed between partners and antagonises both sides in the current geopolitical scene;

    60.  Continues to acknowledge and commend the democratic and pro-European aspirations of the majority of Turkish society (particularly among Turkish youth), whom the EU will not forsake; regards these aspirations as a major reason for keeping Türkiye’s accession process alive; calls therefore on the Commission to uphold and increase its political and financial support to the vibrant and pro-democratic civil society in Türkiye, whose efforts can contribute to generating the political will necessary for deepening EU-Türkiye relations; highlights, nevertheless, that the resumption of the accession process depends on the unwavering political will of Türkiye’s authorities and society to become a full-fledged democracy, which cannot be forced upon it by the EU;

    61.  Reiterates its call to strengthen and deepen mutual knowledge and understanding between our societies, promoting cultural growth, socio-cultural exchanges and combating all manifestations of social, religious, ethnic or cultural prejudice; encourages Türkiye and the EU to promote shared values, particularly by supporting young people; reiterates its utmost commitment to sustaining and increasing support for Türkiye’s independent civil society;

    o
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    62.  Instructs its President to forward this resolution to the President of the European Council, the Council and the Commission; asks that this resolution be translated into Turkish and forwarded to the President, Government and Parliament of the Republic of Türkiye.

    (1) OJ L 134, 7.5.2014, p. 3, ELI: http://data.europa.eu/eli/agree_internation/2014/252/oj.
    (2) OJ C, C/2024/1760, 22.3.2024, ELI: http://data.europa.eu/eli/C/2024/1760/oj.
    (3) OJ C 493, 27.12.2022, p. 2.
    (4) OJ C 425, 20.10.2021, p. 143.
    (5) OJ C, C/2024/6746, 26.11.2024, ELI: http://data.europa.eu/eli/C/2024/6746/oj.
    (6) OJ C 328, 6.9.2016, p. 2.
    (7) OJ C 465, 6.12.2022, p. 112.
    (8) OJ C, C/2025/206, 14.1.2025, ELI: http://data.europa.eu/eli/C/2025/206/oj.
    (9) Texts adopted, P10_TA(2025)0016.

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