Category: Russian Federation

  • MIL-OSI Russia: HSE Oriental Studies students accompanied foreign delegations to the anniversary Victory Parade

    Translation. Region: Russian Federal

    Source: State University Higher School of Economics – State University Higher School of Economics –

    In early May, official delegations from all over the world arrived in the Russian capital for the Victory Day celebrations. Volunteers were brought in to meet and accompany the distinguished guests, including students from the OP “Oriental StudiesFaculty of World Economy and World Politics (FMEiMP) HSE Natalia Kulakova (3rd year) and Polina Slobodenko (1st year), as well as Anton Klyuev, a 2024 graduate of the same program, visiting lecturer Schools of Oriental Studies HSE.

    Volunteers acted as translators and assistants, ensuring the high-ranking guests had a comfortable stay in the capital.

    Natalia Kulakova and Polina Slobodenko worked with the delegation from the People’s Republic of China, and Anton Klyuev joined in accompanying the Palestinian delegation. The HSE students not only provided language support, but also participated in a volunteer program, collaborating with liaison officers of the Russian Foreign Ministry.

    “The HSE motto “Not for school, but for life” is not just words. It is our approach to relations with the world. The opportunity, as a student, to apply your knowledge, to feel professional life, to see how history is made, from the inside, and not in the news feed – this is not just interesting. Such moments allow you to better understand yourself, what you want to do, what inspires you,” commented Anastasia Likhacheva, Dean of the Faculty of World Economy and International Relations at HSE.

    She also added that it is necessary to try professional life as early as possible and that HSE provides such opportunities. At the Faculty of World Economy and World Politics, this is considered one of the priority tasks.

    “I learned about volunteering from friends, participation in such an event is professional experience for me, so I was happy to join the volunteer corps. I attended a planning meeting, passed an interview – and I was sent to accompany the delegation of the PRC,” shared Natalia Kulakova.

    The student also said that she had to help representatives of the Ministry of Foreign Affairs accompany delegations, mainly at the hotel. “I was pleased with the opportunity to feel the kitchen from the inside. This is an invaluable experience of working with foreign delegations,” she believes.

    Before participating in the volunteer project, Polina and Natalia were not acquainted. “We had no problems with work communication. Together with representatives of the embassy in Moscow, we followed the Victory Parade ceremony, we told foreign guests in detail what was happening on the screen,” shared Polina Slobodenko.

    Polina has been studying Chinese for a long time and says that she was interested in observing the processes that took place inside the delegations. “What was the process of preparing the motorcades and the reaction of foreign students who were waiting for their country’s delegation to leave on the street worth,” Polina explained.

    She is confident that such events can help students, especially juniors, to get in touch with the region they are studying during their studies at the university and gain excellent experience in intercultural communication at a high level. “In addition to achieving professional goals, participation in such events allows us to make a small contribution to the celebration of such an important memorable date for our country,” the student added.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-OSI Russia: United Kingdom: Staff Concluding Statement of the 2025 Article IV Mission

    Source: IMF – News in Russian

    May 27, 2025

    A Concluding Statement describes the preliminary findings of IMF staff at the end of an official staff visit (or ‘mission’), in most cases to a member country. Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF’s Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, or as part of other staff monitoring of economic developments.

    The authorities have consented to the publication of this statement. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary findings of this mission, staff will prepare a report that, subject to management approval, will be presented to the IMF Executive Board for discussion and decision.

    • An economic recovery is underway. Growth is projected at 1.2 percent in 2025 and will gain momentum next year, although weak productivity continues to weigh on medium-term growth prospects.
    • The authorities’ fiscal plans strike a good balance between supporting growth and safeguarding fiscal sustainability. It will be important to stay the course and deliver the planned deficit reduction over the next five years to stabilize net debt and reduce vulnerability to gilt market pressures. Further refinements of the fiscal framework could help minimize the frequency of fiscal policy changes. In the longer term, the UK will face difficult choices to align spending with available resources, given ageing-related expenditure pressures.
    • The Bank of England (BoE) should continue to ease monetary policy gradually, while remaining flexible in light of elevated uncertainty. Calibrating the monetary policy stance has become more complex, given the recent pickup in inflation, still fragile growth, and higher long-term interest rates.
    • The authorities’ Growth Mission focuses on the right areas to lift productivity. Given the breadth of the agenda, prioritizing and sequencing of structural reforms, along with clear communication, will be key to success.

    Washington, DC – May 27, 2025:

    Economic Outlook

    After a slowdown in the second half of 2024, an economic recovery is underway and is expected to gain momentum. Economic activity decelerated during 2024 H2, partly reflecting weaker export performance in the challenging global environment. In recent months, high frequency indicators have shown signs of improvement. Growth is projected at 1.2 percent in 2025 and 1.4 percent in 2026, as monetary easing, positive wealth effects, and an uptick in confidence bolster private consumption, while the boost to public spending in the October budget will also help support growth. The forecast assumes that global trade tensions lower the level of UK GDP by 0.3 percent by 2026, due to persistent uncertainty, slower activity in UK trading partners, and the direct impact of remaining US tariffs on the UK. The authorities’ structural reforms, including to planning, and the increase in infrastructure investment could increase potential growth if properly implemented. However, medium-term growth is still forecast to remain subdued relative to the pre-GFC trend, at 1.4 percent, given weak productivity.

    Risks to growth remain to the downside. Tighter-than-expected financial conditions, combined with rising precautionary saving by households, would hinder the rebound in private consumption and slow the recovery. Persistent global trade uncertainty could further weigh on UK growth, by weakening global economic activity, disrupting supply chains, and undermining private investment.

    Fiscal Policy

    The authorities’ fiscal strategy for the next five years appropriately supports growth while safeguarding fiscal sustainability. The new spending plans are credible and growth-friendly, taking account of pressures on public services and investment needs. They are expected to provide an economic boost over the medium term that outweighs the impact of higher taxation. As revenue is projected to increase, deficits are set to decline and stabilize net debt.

    It will be important to stay the course and reduce fiscal deficits as planned over the medium term. There are significant risks to the successful implementation of the fiscal strategy, from the high level of global uncertainty, volatile financial market conditions, and the challenge of containing day-to-day spending. Materialization of these risks could result in market pressures, put debt on an upward path, and make it harder to meet the fiscal rules, given limited headroom. To this end, staff recommends adhering to the current plans, and implementing additional revenue or expenditure measures as needed if shocks arise, to maintain compliance with the rules.

    In the longer term, difficult fiscal choices will likely be needed to address spending pressures and rebuild fiscal buffers. Under current policies, staff analysis suggests spending to be around 8 percent of GDP higher by 2050, mainly due to additional outlays on health and pensions from population ageing. There is limited space to finance this spending through extra borrowing, given high debt and elevated borrowing costs. Unless revenue is increased, for which there is scope, tough policy decisions on spending priorities and the role of the state in certain areas will be needed to better align the coverage of public services with available resources.

    While recent reforms of the fiscal framework enhance its credibility and effectiveness, further refinements could improve predictability and reduce pressure for frequent fiscal policy changes. The new current balance rule helps preserve space for investment, while the debt rule safeguards fiscal sustainability. The transition to a three-year rule horizon, aligned with the spending reviews, is expected to make the rules more credible, while allowing time to adjust gradually to shocks. Staff welcomes the authorities’ commitment to hold a single annual fiscal event, but notes that there is still significant pressure for frequent fiscal policy changes, given that small revisions to the economic outlook can erode the headroom within the rules, which is the subject of intense market and media scrutiny. Refinements to the fiscal framework could promote further policy stability. Options include (1) de-emphasizing point estimates of headroom in OBR assessments of rule compliance; (2) establishing a formal process so that small rule breaches do not trigger corrective fiscal action outside of the single fiscal event; or (3) assessing rules only once per year at the time of the fiscal event.

    Monetary Policy and Operations

    A gradual and flexible approach to monetary easing continues to be appropriate to support the economy and protect against inflationary risks. The pickup in inflation that began in 2024 is expected to last through the second half of this year, with a return to target later in 2026 as underlying inflationary pressures continue to recede. Although monetary policy calibration has become more difficult due to still-weak growth, the temporary rise in inflation and high long-term interest rates, staff sees the BoE’s gradual pace of easing as appropriate. Given the elevated uncertainty, the MPC is encouraged to retain flexibility to adjust the monetary stance in either direction if needed.

    The BoE should continue to strengthen its forecasting capacity and communications. Staff welcomes the implementation of the Bernanke Review and the use of scenarios and conditional guidance in the BoE’s communications. The BoE will benefit from continuing to invest in modeling capacity, data and personnel, to be able to tailor scenarios promptly as economic conditions change. In the scenarios, interest rates should be allowed to adjust to economic developments, so that the scenarios are more informative and consistent, rather than assume that interest rates follow current market expectations. Lastly, MPC members could make greater use of the information from the central forecast and the alternative scenarios to justify the MPC decision and explain their personal views.

    The BoE’s transition to a repo-based framework will mitigate balance sheet risks. QT continues to be conducted in a gradual and predictable manner. As the balance sheet normalizes, transitioning to a demand-driven approach, with reserves provided to banks mainly through repo operations, will reduce the market footprint of the BoE and limit its exposure to interest and credit risks. This will also maintain monetary control and the flexibility for new QE in the future, while providing sufficient reserves for financial stability reasons. The transition is being accompanied by a timely review of BoE instruments to consider the relative role of repo operations and asset purchases, as well as the balance between short and long-term repos.

    Financial Sector Policies

    The banking sector remains broadly resilient and macroprudential settings are appropriate, despite global financial stability risks increasing over the past year. The banking system is adequately capitalized and liquid with healthy levels of profitability, and the 2024 desk-based stress test showed that it can support households and businesses during times of severe stress. Macroprudential settings remain appropriate, as indicators of financial vulnerabilities are close to their long-term average, although global risks have risen in the past year given more volatile asset prices and credit spreads.

    Significant progress has been made assessing and reducing vulnerabilities in the non-bank sector and work should continue at the domestic and international levels. Managing risks in the sector is critical, as it accounts for over half of UK financial assets. The system-wide exploratory scenario (SWES) has improved understanding of linkages with the banking sector and contagion risks, while the BoE’s new repo facility for non-banks is in line with previous AIV recommendations. The BoE could, in the future, consider expanding access to this facility so as to include a broader range of non-banks with a large gilt market footprint, provided they are adequately supervised and regulated. Ongoing work, including with the FSB, is essential to better monitor and manage non-bank leverage, concentration, and liquidity risks. Work should also continue on closing data gaps to enhance financial system surveillance.

    Recent episodes of global bond market turbulence underscore the importance of enhancing gilt market resilience. Gilt market functioning has remained orderly. Vulnerabilities have nonetheless risen, given increased supply and the reduction in demand by more patient investors, with hedge funds and non-residents playing a greater role, and the BoE reducing its holdings as part of QT. Staff recommends close monitoring as well as regular stress testing and engagement with market participants to detect and manage future risks. In this regard, the shift of issuance toward shorter-dated securities for FY2025/26 has been well received by the market. The authorities are considering policies to enhance structural resilience, such as central clearing for gilt repo transactions, which is welcome.

    Reforms to the financial sector and its regulation should balance promoting growth with preserving continuity and financial stability. While staff supports the government’s aim of enhancing the role of financial services as a driver of growth, risks will need to be carefully managed. Regulatory reforms should balance simplification and modernization with mitigating vulnerabilities, while being well-communicated. Consolidating pension funds has the potential to reduce fees and expand access to diverse asset classes, but it will be important to guard against possible unintended side-effects, including from reduced competition. Staff supports the FPC’s recommendation that the Pensions Regulator has the remit to take financial stability considerations into account. This would strengthen its ability to oversee the evolving pensions landscape and help manage potential risks from consolidation of funds and changes in investment strategies.

    Structural Policies

    Persistently weak productivity remains the UK’s primary obstacle to lifting growth and living standards. The UK has faced a decline in trend productivity growth since the Global Financial Crisis (GFC), further widening the gap with the US. Along with adverse shocks, including Brexit, the pandemic and the energy price crisis, the slowdown has left the level of UK GDP around one quarter below what the pre-GFC trend would imply. This slowdown has multiple causes, including chronic under-investment, low private R&D, limited access to finance for businesses to scale up, skill gaps, and a deterioration in health outcomes.

    While the authorities’ Growth Mission focuses on the right areas, careful prioritizing and sequencing of policies will be key to success. The agenda is ambitious and impacts many parts of the economy. Reforms are broadly aligned with past IMF recommendations, although many of them are still at the formulation and consultation stage. Delivering on the Growth Mission involves significant challenges given limited fiscal space, the breadth of the reforms, and the volatile external environment. In refining their strategy, the authorities will thus need to carefully sequence reforms, ensure internal coherence among them, and prioritize early wins to build momentum and garner support for more complex initiatives. Continued clear communication with the public and markets will also be essential.

    Stability, capital, and skills are the most important aspects of the Growth Mission. Staff recommends prioritizing the following three most binding constraints to growth. First, policy stability is critical to support business confidence in an increasingly uncertainty global environment. In this context, recent efforts to strike trade agreements with key partners, including the EU, India, and the US, demonstrate the authorities’ commitment to finding common ground and establishing a more predictable environment for UK exporters. Second, the planning reform and complementary public infrastructure projects can lift the chronically-low private investment, which has weighed on productivity. Finally, boosting people’s skills, enhancing their health, and incentivizing work will address shortages in sectors like construction and healthcare, while providing the productive workforce needed by growth industries. Reforms in these three areas are likely to deliver the largest growth benefits, while laying a strong foundation for progress on other fronts.

    Industrial policy can play a complementary role to support particular sectors, but economy-wide reforms should remain the main tool to boost competitiveness and growth. Structural reforms that apply horizontally across the whole economy, such as easing planning restrictions, are likely to have the greatest impact. These reforms are prerequisites to realize the full potential of vertical interventions at the sectoral level, such as investments by the National Wealth Fund and initiatives under the new industrial strategy. Sectoral interventions should be focused on addressing market failures, identified using an evidence-based approach, and supported by rigorous appraisal processes, while being subject to strict budgetary limits, prudent risk management, and comprehensive risk reporting.

    The mission thanks the authorities and other counterparts for open discussions, productive collaboration, and constructive policy dialogue.

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Camila Perez

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

    https://www.imf.org/en/News/Articles/2025/05/27/cs-uk-aiv-2025

    MIL OSI

    MIL OSI Russia News

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

    Source: Republic of China Taiwan

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

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

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

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

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

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

    MIL OSI Asia Pacific News

  • MIL-OSI: Golar LNG Limited Interim results for the period ended March 31, 2025

    Source: GlobeNewswire (MIL-OSI)

    Highlights and subsequent events

    • Golar LNG Limited (“Golar” or “the Company”) reports Q1 2025 net income attributable to Golar of $8 million, Adjusted EBITDA1 of $41 million and Total Golar Cash1 of $678 million.
    • Concluded the 20-year charter of FLNG Hilli for Southern Energy S.A. (“SESA”) in Argentina.
    • Signed definitive agreements for a 20-year charter for the MKII FLNG to SESA. Combined with the FLNG Hilli charter, the project will be for 5.95 mtpa of nameplate capacity – one of the world’s largest FLNG development projects.
    • FLNG Gimi in final stages of commissioning on the GTA field, Commercial Operations Date (“COD”) expected within Q2.
    • MKII FLNG conversion vessel Fuji LNG arrived at the shipyard for conversion works, conversion project on schedule for Q4 2027 delivery.
    • FLNG Hilli maintained market-leading operational track record and delivered its 132nd LNG cargo since contract start-up.
    • Sold minority shareholding in Avenir LNG Limited.
    • Completed exit from LNG shipping segment with sale of Golar Arctic.
    • Declared dividend of $0.25 per share for the quarter.
    • Progressed FLNG growth opportunities with commercial leads, shipyard availability and long lead equipment timing.

    FLNG Hilli: Maintained leading operational track record with 132 cargoes offloaded to date and over 9 million tons of LNG produced since operations commenced.

    Final Investment Decision (“FID”) for the 20-year redeployment of FLNG Hilli to Southern Energy in Argentina concluded (further details provided in the SESA charter agreements section). A dedicated team has progressed detailed work on Hilli’s re-deployment scope, vessel upgrade and transit to her new location.

    Following the conclusion of FLNG Hilli’s re-deployment contract, we will initiate discussions for debt optimization that reflects the strong earnings visibility for the FLNG unit.

    FLNG Gimi: In January 2025, the bp operated FPSO provided feedgas from the GTA field allowing for full commissioning to commence, triggering the final upward adjustment to the commissioning rate under the commercial reset agreed in August 2024. First LNG was achieved in February and in April 2025, FLNG Gimi completed the offload of its first full LNG cargo. This introduced Mauritania and Senegal as LNG exporters to the international gas market and triggered the final pre-COD milestone bonus payment to Golar under the terms of the commercial reset. COD, which remains on schedule for Q2 2025, triggers the start of the 20-year Lease and Operate Agreement that unlocks the equivalent of around $3 billion of Adjusted EBITDA backlog1 (Golar’s share) and recognition of contractual payments comprised of capital and operating elements in both the balance sheet and income statement.

    As of May 2025, Golar has invoiced $195.9 million of pre-COD fees under the commercial reset arrangements, with this amount currently recognized on the balance sheet.

    On March 20, 2025, a $1.2 billion debt facility to refinance FLNG Gimi was signed with a consortium of leading Chinese leasing companies. The contemplated sale and leaseback facility features a tenor of 12 years and a 17-year amortization profile. Upon closing and repayment of the existing debt facility, Gimi MS Corporation is expected to generate net proceeds of approximately $530 million. This amount includes the release of existing interest rate swaps. Golar stands to benefit from 70% of these proceeds, equivalent to approximately $371 million. The transaction remains subject to customary closing conditions and third party stakeholder approvals. Golar has also progressed a rating process to further evaluate debt optimization alternatives for the vessel during the quarter.

    MKII FLNG 3.5 MTPA conversion: Conversion work on the $2.2 billion MKII FLNG is proceeding to schedule. The conversion vessel Fuji LNG entered CIMC’s Yantai yard in February 2025 and in April the vessel was successfully separated into forward and aft sections. A mid-ship section housing the liquefaction unit will be inserted between and attached to the refurbished forward and aft sections later in the conversion process. Fabrication of the topsides for the mid-ship section is also underway. As of March 31, 2025, Golar has spent $0.7 billion on the MKII FLNG conversion, all of which is equity funded. The MKII FLNG is expected to be delivered in Q4 2027.

    With a definitive agreement that contemplates a 2H 2025 FID now secured, Golar will consider alternatives for asset level MKII FLNG financing.

    Southern Energy charter agreements: On May 2, 2025, Golar announced a FID for the 20-year charter of FLNG Hilli. The vessel will be chartered to SESA offshore Argentina. Golar and SESA also signed definitive agreements for a 20-year charter of the MKII FLNG. The MKII FLNG charter remains subject to FID and the same regulatory approvals as those granted to the FLNG Hilli project, expected within 2025.

    Key commercial terms for the respective 20-year charter agreements include:

    • FLNG Hilli (nameplate capacity of 2.45mtpa): Expected contract start-up in 2027, expected  Adjusted EBITDA1 to Golar of $285 million per year, plus a commodity linked tariff component of 25% of Free on Board (“FOB”) prices in excess of $8/MMBtu; and,
    • MKII FLNG (nameplate capacity of 3.5mtpa): Expected contract start-up in 2028, expected  Adjusted EBITDA1 to Golar of $400 million per year, plus a commodity linked tariff component of 25% of FOB prices in excess of $8/MMBtu.

    The two FLNG agreements are expected to add $13.7 billion in Adjusted EBITDA backlog1 to Golar over 20 years, before inflationary adjustments (30% of U.S. CPI from year 6) to the charter hire, and before the commodity linked tariff upside. Where achieved FOB prices exceed the $8/MMBtu reference price, Golar will receive 25% of the excess amount (this reference price is subject to the same 30% US CPI adjustment from year 6). The commodity linked element in the FLNG charter provides an upside of $70 million per year to Golar for every $ 1/MMBtu the achieved FOB price is higher than the USD 8/MMBtu reference price. The upside calculation is based on monthly achieved FOB prices.

    While the commodity linked tariff component is upside oriented, the Company has also agreed to a mechanism where the charter hire can be partially reduced for FOB prices below $7.5/MMBtu, down to a floor of $6/MMBtu. Under this mechanism, the maximum accumulated discount over the life of both contracts has a cap of $210 million, and any outstanding discounted charter hire amounts will be recovered through additional upside sharing if FOB prices return to levels above $7.5/MMBtu. Golar is not exposed to further downside in the commodity linked FLNG charter mechanism. The upside calculation is based on monthly achieved FOB prices, whilst the downside adjustment is based on annual average achieved FOB prices. The downside mechanism is based on annual average achieved FOB prices.

    SESA, a company formed to export Argentinian LNG, is owned by a consortium of leading Argentinian gas producers including Pan American Energy (30%), YPF (25%), Pampa Energia (20%), Harbour Energy (15%) and Golar (10%). The four gas producers have committed to supply their pro-rata share of natural gas to the FLNGs under Gas Sales Agreements at a fixed price per MMBtu. Golar’s 10% shareholding in SESA provides additional commodity exposure. The 10% equity stake equates to approximately $28 million in annual additional commodity exposure to Golar for every $1/MMBtu change in achieved FOB prices versus SESA’s cash break even.

    With the combination of the fixed charter hire with 30% of U.S. CPI inflation from year 6, operating expenses pass through, 25% commodity exposure in the FLNG tariff for FOB prices above $8/MMBtu and Golar’s 10% shareholding in SESA, Golar believes it has secured a highly attractive risk-reward in the SESA charters. For every $1 FOB price above $8/MMBtu, Golar’s total commodity upside is approximately $100 million, versus approximately $28 million in downside for every $1/MMBtu that realized FOB prices are below SESA’s cash break even.

    Located offshore in close proximity of each other in Rio Negro’s Gulf of San Matias, the FLNG’s will monetize gas from the Vaca Muerta formation, the world’s second largest shale gas resource, located onshore in Argentina’s Neuquen province. FLNG Hilli will initially utilize spare volumes from the existing pipeline network. SESA intends to facilitate the construction of a dedicated pipeline from Vaca Muerta to the Gulf of San Matias to supply gas to the FLNGs and the project expects to benefit from significant operational efficiencies and synergies from two FLNGs in the same area.

    The charters are also subject to strong legal and regulatory protections including:

    • both charter agreements are subject to English Law with dispute resolution pursuant to ICC arbitration in Paris, France;
    • hire and other payments under both contracts are fully paid in U.S. dollars;
    • SESA has obtained Argentina’s first ever 30-year non-interruptible LNG export license for FLNG Hilli, providing security of exports, necessary for the significant upstream and midstream investments, as well as securing offtake contracts; and
    • MKII FLNG is expected to obtain a similar term export license within 2025.

    FLNG Hilli has been approved for adherence to the Large Investments Incentive Scheme (“RIGI”), as a Long-Term Strategic Export project. The RIGI was implemented by the current administration of President Milei to incentivize large investments in Argentina. Under the RIGI, there are incentives and protections granted to the project company (SESA), with Golar benefiting as an international asset provider and investor, mostly notably:

    • guaranteed legal certainty and regulatory stability for the duration of the project, covering taxes, customs, duties, and foreign exchange controls;
    • any new national, provincial, or municipal taxes or restrictions would not apply to RIGI projects beyond those existing when the project was approved; and
    • freedom to repatriate profits, dividends, and capital including exemption from potential Central Bank restrictions on access to foreign exchange for repatriation purposes.

    If Argentina breaches the RIGI framework (e.g. by purporting to change the regime unilaterally), the beneficiary of the RIGI status can:

    • bring legal action against the National or Provincial Government (as applicable) under ICC arbitration, or elect to challenge the revocation through administrative channels; and
    • challenge the constitutionality of enacted law which breaches the RIGI protections.

    Business development: Detailed discussions for FLNG opportunities continue. With limited yard capacity for FLNG delivery before the 2030s, and with the current Golar fleet committed, we see firming demand for the remaining available 2020s deliveries. Progress is being made on FLNG projects ranging from MKI, MKII and MKIII FLNG developments. We target FLNG opportunities with competitive wellhead gas to secure attractive base tariff and commodity upside participation. We are also in commercial negotiations with potential charterers seeking equity participation in the FLNG to align project stakeholders.

    On the back of the recent commitments for the existing fleet and with ongoing detailed commercial discussions, we are working with shipyards and topside equipment providers to firm-up prices and schedules for potential ordering of additional unit(s) within 2025. Any growth initiatives are planned to be funded with recycled liquidity from debt optimization of the existing FLNG fleet on the back of their long term charters.

    Corporate/Other: Operating revenues and costs under corporate and other items are comprised of two FSRU operate and maintain agreements in respect of the LNG Croatia and Italis LNG together with the  Golar Arctic up to her point of sale in March 2025, for $24 million, and the Fuji LNG, up to the point she entered CIMC’s yard in February 2025 for FLNG conversion.

    In February 2025, Golar also closed the sale of its non-core 23.4% interest in Avenir LNG Limited, for $39 million.

    Shares and dividends: As of March 31, 2025, 104.7 million shares are issued and outstanding. Golar’s Board of Directors approved a total Q1 2025 dividend of $0.25 per share to be paid on or around June 10, 2025. The record date will be June 3, 2025.

    Financial Summary

    (in thousands of $) Q1 2025 Q1 2024 % Change Q4 2024 % Change
    Net income 12,939 66,495 (81)% 15,037 (14)%
    Net income attributable to Golar LNG Ltd 8,197 55,220 (85)% 4,494 82%
    Total operating revenues 62,502 64,959 (4)% 65,917 (5)%
    Adjusted EBITDA 1 40,936 63,587 (36)% 59,168 (31)%
    Golar’s share of Contractual Debt 1 1,494,615 1,209,407 24% 1,515,357 (1)%

    Financial Review 

    Business Performance:

      2025 2024
    (in thousands of $) Jan-Mar Oct-Dec Jan-Mar
    Net income        12,939        15,037        66,495
    Income taxes              179            (504)              138
    Net income before income taxes        13,118        14,533        66,633
    Depreciation and amortization        12,638        13,642        12,476
    Impairment of long-term assets                —        22,933                —
    Unrealized loss/(gain) on oil and gas derivative instruments        25,001        14,269        (2,148)
    Other non-operating loss                —          7,000                —
    Interest income        (8,699)        (9,866)      (10,026)
    Loss/(gain) on derivative instruments, net          6,795        (8,711)        (6,202)
    Other financial items, net          2,292          1,153          2,640
    Net (income)/loss from equity method investments      (10,209)          4,215              214
    Adjusted EBITDA 1        40,936        59,168        63,587
      2025 2024
      Jan-Mar Oct-Dec
    (in thousands of $) FLNG Corporate and other Total FLNG Corporate and other Total
    Total operating revenues        55,688          6,814        62,502        56,396          9,521        65,917
    Vessel operating expenses      (18,785)        (9,685)      (28,470)      (19,788)        (8,121)      (27,909)
    Voyage, charterhire & commission expenses                —                —                —                —           (446)           (446)
    Administrative expenses           (588)        (8,999)        (9,587)           (264)        (7,241)        (7,505)
    Project development expenses        (2,351)           (968)        (3,319)        (3,624)        (1,236)        (4,860)
    Realized gain on oil and gas derivative instruments (2)        21,213                —        21,213        33,502                —        33,502
    Other operating income                —        (1,403)        (1,403)             469                —             469
    Adjusted EBITDA 1        55,177      (14,241)        40,936        66,691        (7,523)        59,168

    (2) The line item “Realized and unrealized (loss)/gain on oil and gas derivative instruments” in the Unaudited Consolidated Statements of Operations relates to income from the Hilli Liquefaction Tolling Agreement (“LTA”) and the natural gas derivative which is split into: “Realized gain on oil and gas derivative instruments” and “Unrealized (loss)/gain on oil and gas derivative instruments”.

      2024
      Jan-Mar
    (in thousands of $) FLNG Corporate and other Total
    Total operating revenues               56,368                  8,591               64,959
    Vessel operating expenses              (18,784)                (7,078)              (25,862)
    Voyage, charterhire & commission expenses                       —                (1,770)                (1,770)
    Administrative expenses                   (471)                (6,604)                (7,075)
    Project development expenses/(income)                (1,085)                     273                   (812)
    Realized gain on oil and gas derivative instruments               34,147                       —               34,147
    Adjusted EBITDA 1               70,175                (6,588)               63,587

    Golar reports today Q1 2025 net income of $13 million, before non-controlling interests, inclusive of $32 million of non-cash items1, comprised of:

    • TTF and Brent oil unrealized mark-to-market (“MTM”) losses of $25 million; and
    • A $7 million MTM loss on interest rate swaps.

    The Brent oil linked component of FLNG Hilli’s fees generates additional annual cash of approximately $3.1 million for every dollar increase in Brent Crude prices between $60 per barrel and the contractual ceiling. Billing of this component is based on a three-month look-back at average Brent Crude prices. During Q1 2025, we recognized a total of $21 million of realized gains on FLNG Hilli’s oil and gas derivative instruments, comprised of a: 

    • $12 million realized gain on the Brent oil linked derivative instrument; and
    • $9 million realized gain in respect of fees for the TTF linked production.

    We also recognized $25 million of non-cash losses in relation to FLNG Hilli’s oil and gas derivative assets, with corresponding changes in the fair value in its constituent parts recognized on our unaudited consolidated statement of operations as follows:

    • $13 million loss on the Brent oil linked derivative asset; and
    • $12 million loss on the TTF linked natural gas derivative asset. 

    Balance Sheet and Liquidity:

    As of March 31, 2025, Total Golar Cash1 was $678 million, comprised of $522 million of cash and cash equivalents and $156 million of restricted cash. 

    Golar’s share of Contractual Debt1 as of  March 31, 2025 is $1,495 million. Deducting Total Golar Cash1 of $678 million from Golar’s share of Contractual Debt1 leaves a net debt position of $817 million. 

    Assets under development amounts to $2.5 billion, comprised of $1.8 billion in respect of FLNG Gimi and $0.7 billion in respect of the MKII FLNG. The carrying value of LNG carrier Fuji LNG, previously included under Vessels and equipment, net in Q4 2024 was transferred to Assets under development in Q1 2025.

    Non-GAAP measures

    In addition to disclosing financial results in accordance with U.S. generally accepted accounting principles (US GAAP), this earnings release and the associated investor presentation contains references to the non-GAAP financial measures which are included in the table below. We believe these non-GAAP financial measures provide investors with useful supplemental information about the financial performance of our business, enable comparison of financial results between periods where certain items may vary independent of business performance, and allow for greater transparency with respect to key metrics used by management in operating our business and measuring our performance.

    This report also contains certain forward-looking non-GAAP measures for which we are unable to provide a reconciliation to the most comparable GAAP financial measures because certain information needed to reconcile those non-GAAP measures to the most comparable GAAP financial measures is dependent on future events some of which are outside of our control, such as oil and gas prices and exchange rates, as such items may be significant. Non-GAAP measures in respect of future events which cannot be reconciled to the most comparable GAAP financial measure are calculated in a manner which is consistent with the accounting policies applied to Golar’s unaudited consolidated financial statements.

    These non-GAAP financial measures should not be considered a substitute for, or superior to, financial measures and financial results calculated in accordance with GAAP. Non-GAAP measures are not uniformly defined by all companies and may not be comparable with similarly titled measures and disclosures used by other companies. The reconciliations as at March 31, 2025 and for the three months ended March 31, 2025, from these results should be carefully evaluated.

    Non-GAAP measure Closest equivalent US GAAP measure Adjustments to reconcile to primary financial statements prepared under US GAAP Rationale for adjustments
    Performance measures
    Adjusted EBITDA Net income/(loss)  +/- Income taxes
    + Depreciation and amortization
    + Impairment of long-lived assets
    +/- Unrealized (gain)/loss on oil and gas derivative instruments
    +/- Other non-operating (income)/losses
    +/- Net financial (income)/expense
    +/- Net (income)/losses from equity method investments
    +/- Net loss/(income) from discontinued operations
    Increases the comparability of total business performance from period to period and against the performance of other companies by excluding the results of our equity investments, removing the impact of unrealized movements on embedded derivatives, depreciation, impairment charge, financing costs, tax items and discontinued operations.
    Distributable Adjusted EBITDA Net income/(loss)  +/- Income taxes
    + Depreciation and amortization
    + Impairment of long-lived assets
    +/- Unrealized (gain)/loss on oil and gas derivative instruments
    +/- Other non-operating (income)/losses
    +/- Net financial (income)/expense
    +/- Net (income)/losses from equity method investments
    +/- Net loss/(income) from discontinued operations
    – Amortization of deferred commissioning period revenue
    – Amortization of Day 1 gains
    – Accrued overproduction revenue
    + Overproduction revenue received
    – Accrued underutilization adjustment
    Increases the comparability of our operational FLNG Hilli from period to period and against the performance of other companies by removing the non-distributable income of FLNG Hilli, project development costs, the operating costs of the Gandria (prior to her disposal) and FLNG Gimi.
    Liquidity measures
    Contractual debt 1 Total debt (current and non-current), net of deferred finance charges  +/-Variable Interest Entity (“VIE”) consolidation adjustments
    +/-Deferred finance charges
    During the year, we consolidate a lessor VIE for our Hilli sale and leaseback facility. This means that on consolidation, our contractual debt is eliminated and replaced with the lessor VIE debt.

    Contractual debt represents our debt obligations under our various financing arrangements before consolidating the lessor VIE.

    The measure enables investors and users of our financial statements to assess our liquidity, identify the split of our debt (current and non-current) based on our underlying contractual obligations and aid comparability with our competitors.

    Adjusted net debt Adjusted net debt based on
    GAAP measures:
    -Total debt (current and
    non-current), net of
    deferred finance
    charges
    – Cash and cash
    equivalents
    – Restricted cash and
    short-term deposits
    (current and non-current)
    – Other current assets (Receivable from TTF linked commodity swap derivatives)
    Total debt (current and non-current), net of:
    +Deferred finance charges
    +Cash and cash equivalents
    +Restricted cash and short-term deposits (current and non-current)
    +/-VIE consolidation adjustments
    +Receivable from TTF linked commodity swap derivatives
    The measure enables investors and users of our financial statements to assess our liquidity based on our underlying contractual obligations and aids comparability with our competitors.
    Total Golar Cash Golar cash based on GAAP measures:

    + Cash and cash equivalents

    + Restricted cash and short-term deposits (current and non-current)

    -VIE restricted cash and short-term deposits We consolidate a lessor VIE for our sale and leaseback facility. This means that on consolidation, we include restricted cash held by the lessor VIE.

    Total Golar Cash represents our cash and cash equivalents and restricted cash and short-term deposits (current and non-current) before consolidating the lessor VIE.

    Management believe that this measure enables investors and users of our financial statements to assess our liquidity and aids comparability with our competitors.

    (1) Please refer to reconciliation below for Golar’s share of contractual debt

    Adjusted EBITDA backlog (also referred to as “earnings backlog”): This is a non-GAAP financial measure and represents the share of contracted fee income for executed contracts or definitive agreements less forecasted operating expenses for these contracts/agreements. Adjusted EBITDA backlog should not be considered as an alternative to net income / (loss) or any other measure of our financial performance calculated in accordance with U.S. GAAP.

    Non-cash items: Non-cash items comprised of impairment of long-lived assets, release of prior year contract underutilization liability, MTM movements on our TTF and Brent oil linked derivatives, listed equity securities and interest rate swaps (“IRS”) which relate to the unrealized component of the gains/(losses) on oil and gas derivative instruments, unrealized MTM (losses)/gains on investment in listed equity securities and gains on derivative instruments, net, in our unaudited consolidated statement of operations.

    Abbreviations used:

    FLNG: Floating Liquefaction Natural Gas vessel
    FSRU: Floating Storage and Regasification Unit
    MKII FLNG: Mark II FLNG
    FPSO: Floating Production, Storage and Offloading unit

    MMBtu: Million British Thermal Units
    mtpa: Million Tons Per Annum

    Reconciliations – Liquidity Measures

    Total Golar Cash

    (in thousands of $) March 31, 2025 December 31, 2024 March 31, 2024
    Cash and cash equivalents             521,434           566,384           547,868
    Restricted cash and short-term deposits (current and non-current)           172,879           150,198             92,159
    Less: VIE restricted cash and short-term deposits            (16,745)            (17,472)            (17,933)
    Total Golar Cash           677,568           699,110           622,094

    Contractual Debt and Adjusted Net Debt

    (in thousands of $) March 31, 2025 December 31, 2024 March 31, 2024
    Total debt (current and non-current) net of deferred finance charges        1,418,816        1,452,255        1,195,063
    VIE consolidation adjustments           251,728           241,666           213,042
    Deferred finance charges             20,946             22,686             22,337
    Total Contractual Debt        1,691,490        1,716,607        1,430,442
    Less: Keppel’s and B&V’s share of the FLNG Hilli contractual debt                     —                     —            (32,035)
    Less: Keppel’s share of the Gimi debt         (196,875)         (201,250)         (189,000)
    Golar’s share of Contractual Debt        1,494,615        1,515,357        1,209,407

    Please see Appendix A for a capital repayment profile for Golar’s Contractual Debt.

    Forward Looking Statements

    This press release contains forward-looking statements (as defined in Section 21E of the Securities Exchange Act of 1934, as amended) which reflects management’s current expectations, estimates and projections about its operations. All statements, other than statements of historical facts, that address activities and events that will, should, could or may occur in the future are forward-looking statements. Words such as “if,” “subject to,” “believe,” “assuming,” “anticipate,” “intend,” “estimate,” “forecast,” “project,” “plan,” “potential,” “will,” “may,” “should,” “expect,” “could,” “would,” “predict,” “propose,” “continue,” or the negative of these terms and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, management’s examination of historical operating trends, data contained in our records and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs or projections. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Unless legally required, Golar undertakes no obligation to update publicly any forward-looking statements whether as a result of new information, future events or otherwise. Other important factors that could cause actual results to differ materially from those in the forward-looking statements include but are not limited to:

    • our ability and that of our counterparty to meet our respective obligations under the 20-year lease and operate agreement (the “LOA”) with BP Mauritania Investments Limited, a subsidiary of BP p.l.c. (“bp”), entered into in connection with the Greater Tortue Ahmeyim Project (the “GTA Project”), including the commissioning and start-up of various project infrastructure. Delays to FLNG commissioning works and the start of operations for our FLNG Gimi (“FLNG Gimi”) could result in incremental costs to both parties to the LOA;
    • our ability to meet our obligations under our commercial agreements, including the liquefaction tolling agreement (the “LTA”) entered into in connection with the FLNG Hilli Episeyo (“FLNG Hilli”);
    • our ability to meet our obligations to SESA in connection with the recently signed agreement to deploy FLNG Hilli in Argentina, and SESA’s ability to meet its obligations to us;
    • our ability to meet our obligations to SESA in connection with the recently signed definitive agreement to deploy our FLNG in conversion, MKII FLNG in Argentina, including reaching a final investment decision, and SESA’s ability to meet its obligations to us;
    • our ability to obtain additional financing or refinance existing debt on acceptable terms or at all including the satisfaction of the conditions precedent to the consummation of the FLNG Gimi sale leaseback transaction;
    • global economic trends, competition, and geopolitical risks, including U.S. government actions, trade tensions or conflicts such as between the U.S. and China, related sanctions, a potential Russia-Ukraine peace settlement and its potential impact on liquefied natural gas (“LNG”) supply and demand;
    • a material decline or prolonged weakness in tolling rates for FLNGs;
    • failure of shipyards to comply with schedules, performance specifications or agreed prices;
    • failure of our contract counterparties to comply with their agreements with us or other key project stakeholders;
    • an increase in tax liabilities in the jurisdictions where we are currently operating, have previously operated, or expect to operate;
    • continuing volatility in the global financial markets, including commodity prices, foreign exchange rates and interest rates and global trade policy, particularly the recent imposition of tariffs by the U.S. government;
    • changes in general domestic and international political conditions, particularly where we operate, or where we seek to operate;
    • changes in our ability to retrofit vessels as FLNGs, including the availability of vessels to purchase and in the time it takes to build new vessels or convert existing vessels;
    • continuing uncertainty resulting from potential future claims from our counterparties of purported force majeure under contractual arrangements, including our future projects and other contracts to which we are a party;
    • our ability to close potential future transactions in relation to equity interests in our vessels or to monetize our remaining equity method investments on a timely basis or at all;
    • increases in operating costs as a result of inflation or trade policy, including salaries and wages, insurance, crew provisions, repairs and maintenance, spares and redeployment related modification costs;
    • claims made or losses incurred in connection with our continuing obligations with regard to New Fortress Energy Inc. (“NFE”), Energos Infrastructure Holdings Finance LLC (“Energos”), Cool Company Ltd (“CoolCo”), and Snam S.p.A. (“Snam”);
    • the ability of NFE, Energos, CoolCo, and Snam to meet their respective obligations to us, including indemnification obligations;
    • changes to rules and regulations applicable to FLNGs or other parts of the natural gas and LNG supply chain;
    • rules on climate-related disclosures promulgated by the European Union, including but not limited to disclosure of certain climate-related risks and financial impacts, as well as greenhouse gas emissions;
    • actions taken by regulatory authorities that may prohibit the access of FLNGs to various ports and locations; and
    • other factors listed from time to time in registration statements, reports or other materials that we have filed with or furnished to the Commission, including our annual report on Form 20-F for the year ended December 31, 2024, filed with the U.S. Securities and Exchange Commission on March 27, 2025 (the “2024 Annual Report”).

    As a result, you are cautioned not to rely on any forward-looking statements. Actual results may differ materially from those expressed or implied by such forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise unless required by law.

    Responsibility Statement

    We confirm that, to the best of our knowledge, the unaudited consolidated financial statements for the three months ended March 31, 2025, which have been prepared in accordance with accounting principles generally accepted in the United States give a true and fair view of Golar’s unaudited consolidated assets, liabilities, financial position and results of operations. To the best of our knowledge, the report for the three months ended March 31, 2025, includes a fair review of important events that have occurred during the period and their impact on the unaudited consolidated financial statements, the principal risks and uncertainties and major related party transactions.

    May 27, 2025
    The Board of Directors
    Golar LNG Limited
    Hamilton, Bermuda
    Investor Questions: +44 207 063 7900
    Karl Fredrik Staubo – CEO
    Eduardo Maranhão – CFO

    Stuart Buchanan – Head of Investor Relations

    Tor Olav Trøim (Chairman of the Board)
    Benoît de la Fouchardiere (Director)
    Carl Steen (Director)
    Dan Rabun (Director)
    Lori Wheeler Naess (Director)
    Mi Hong Yoon (Director)
    Niels Stolt-Nielsen (Director)

    This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

    The MIL Network

  • MIL-OSI Russia: 54 buildings built by individual entrepreneurs in Moscow in five years

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    Since 2020, private investors have built 54 facilities in the capital. The buildings appeared in 11 administrative districts of the capital. This was reported by the Deputy Mayor of Moscow for Urban Development Policy and Construction Vladimir Efimov.

    “Over the past five years, individual entrepreneurs have built 54 buildings in Moscow with a total area of over 105 thousand square meters. Among them are two health and wellness centers, three sports facilities, six administrative and business facilities, and 17 retail and household facilities. Private investors have built the most real estate in TiNAO – since 2020, entrepreneurs have built 36 buildings here,” Vladimir Efimov noted.

    Participation of individual entrepreneurs in the development of the city allows creating additional infrastructure for citizens and guests of the capital. Thanks to business, institutions appear in Moscow where you can spend your leisure time and make purchases, as well as receive medical and other services.

    “In 2024, entrepreneurs built 14 new facilities in Moscow. Among them are a sports and fitness center with an area of about 6.4 thousand square meters, as well as a department store building in the Molzhaninovsky district with an area of almost 1.1 thousand square meters and a medical center in Khoroshevo-Mnevniki with an area of about a thousand square meters. At the moment, private investors are building a sports and fitness center in Troitsk and a large shopping center in Mitino with an area of 12.5 thousand square meters,” said the Minister of the Moscow Government, head of the capital’s Department of Urban Development Policy

    Vladislav Ovchinsky.

    Earlier Sergei Sobyanin told, how Moscow helps the capital’s business develop.

    Get the latest news quickly official telegram channel the city of Moscow.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/nevs/ite/154357073/

    MIL OSI Russia News

  • MIL-Evening Report: What’s the difference between abs and core? One term focuses on aesthetics – and the other on function

    Source: The Conversation (Au and NZ) – By Hunter Bennett, Lecturer in Exercise Science, University of South Australia

    Maksim Goncharenok/Pexels

    You’ve probably heard the terms “abs” and “core” used in social media videos, Pilates classes, or even by physiotherapists.

    Given they seem to refer to the same general area of your body, you might have wondered what the difference is.

    When people talk about “abs”, they’re often referring to the abdominal muscles you can see. Conversely, the term “core” is used to describe a broader group of muscles in the context of function, rather than aesthetics.

    While abs and core are often spoken about separately, there’s a lot of overlap between them.

    What are abs?

    The term “abs” is short for abdominal muscles. These are the muscles that run along the front and side of your stomach.

    When someone talks about getting a six-pack, they’re usually referring to toning the rectus abdominis, the long muscle that goes from the bottom of your ribs to the top of your pelvis.

    Your abdominals also include your obliques, which sit on the side of your body, and your transverse abdominis, which sits underneath your other abdominal muscles and wraps around your waist like a belt.

    The term “abs” has been around for a long time, and is perhaps most often used when discussing aesthetics.

    For example, it’s common to see health and wellness publications offering advice on how to achieve “flat” or “six-pack” abs.

    The long muscle that goes from the bottom of your ribs to the top of your pelvis is called the rectus abdominis.
    phoenix creation/Shutterstock

    What about the core?

    When people talk about the “core”, they are often referring to your abdominals, but also the muscles in your back (your spinal erectors), hips, glutes, pelvic floor, and your diaphragm.

    These are the muscles that can stabilise your spine against movement, and aid in the transfer of force between the upper and lower limbs.

    The term “core” wasn’t commonly used until the early 2000s, when it became synonymous with core training.

    While the exact reason for its surge in popularity isn’t clear, it most likely followed a study published in 1998 that suggested people with lower back pain might have impaired function of their deep abdominal muscles.

    From there, the concept of “core training” entered the mainstream, where it was proposed to reduce lower back pain and improve athletic performance.

    ‘Core’ training only entered the mainstream this century.
    nadia_acosta/Shutterstock

    What does the evidence say?

    When we consider all the muscles that make up the core, it seems obvious they would be important – but it might not be for the reasons you think.

    For example, having good core stability doesn’t necessarily prevent lower back pain, as it’s been touted to do.

    There’s evidence suggesting core stability training, which might include exercises such as planks and dead bugs, can help reduce bouts of lower back pain. However it doesn’t appear to be any more effective than other types of exercise, such as walking or weight training.

    Other research suggests there aren’t any differences in how people with and without lower back pain recruit and use their core muscles.

    In a separate study, improvements in core strength and stability after a nine-week core stability training program were not significantly associated with improvements in pain and function, further questioning this relationship.

    The link between core strength and athletic performance is also unclear.

    A 2016 review found some very small associations between measures of core muscle strength and measures of whole body strength, power and balance. However, because of the design of the studies reviewed, we don’t know whether people who have better strength, power and balance simply have stronger core muscles, or whether stronger core muscles increase strength, power and balance.

    An earlier review summarised the effect of core stability training on measures of athletic performance, including jumping, sprinting and throwing. It concluded this type of training is unlikely to provide substantial benefits to measures of general athletic performance such as jumping and sprinting.

    However, this review also suggested that, given the important role of the abs in torso rotation, strengthening these muscles might have merit in improving performance in sports that involve swinging a bat or throwing a ball.

    This is likely to apply to other sports that involve rapid torso movement as well, such as mixed martial arts and kayaking.

    Stronger abdominal muscles could offer an advantage in sports that involve rotation.
    Lino Khim Medrina/Pexels

    How can you exercise your abs and core?

    There’s good evidence that simply getting stronger by lifting weights can help prevent injuries. Training your core to get stronger should have a similar impact, as long as it’s part of a broader training program.

    We also know having weaker muscles makes you more likely to experience functional limitations and disability in older age. So alongside any other potential benefits, improving core strength with the rest of your body could help keep you fit and healthy as you get older.

    There are plenty of exercises you can do to train your core and abs.

    If you’re new to core training, you might want to start off with some lower-level isolation exercises that don’t involve any movement of the core. These include things like planks, bird dogs, and pallof presses. These are unlikely to cause too much muscle soreness, but will train your core muscles.

    Once you feel like these are going well, you can start moving into some more dynamic exercises such as sit ups, Russian twists and leg raises, where you train your abdominals using a full range of motion.

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

    ref. What’s the difference between abs and core? One term focuses on aesthetics – and the other on function – https://theconversation.com/whats-the-difference-between-abs-and-core-one-term-focuses-on-aesthetics-and-the-other-on-function-254582

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Russia: NSU student suggests a way to prolong the “life” of a donor heart during transportation

    Translation. Region: Russian Federal

    Source: Novosibirsk State University – Novosibirsk State University –

    A fourth-year student at the Institute of Medicine and Medical Technologies of Novosibirsk State University has won the All-Russian XV Youth Prize in Science and Innovation, proposing a method for directly delivering an oxygen mixture to the heart to maintain the organ’s viability even during long-term transportation. Yaroslav Smirnov won the main prize of 100 thousand rubles for his development. This year, 230 students from 95 universities and 80 schoolchildren from 65 schools across the country sent popular science videos about their projects to the competition. The total prize fund is 1.7 million rubles.

    Yaroslav Smirnov told in his competition application that the shortage of donor hearts is due, among other things, to the impossibility of quickly delivering organs to transplant centers. In his project, he proposed a solution – a method of direct coronary persufflation, which allows the heart to work even outside the human body.

    — Today, in most cases, the method of pharmaco-cold preservation is used, which allows preserving the heart for only 4 hours. But this method does not satisfy the myocardium’s need for oxygen, so there may not be enough time. If you supply the oxygen mixture directly to the coronary arteries of the heart, then you can extend the period to 8 hours, — Yaroslav explained.

    Yaroslav and his team developed a special system that delivers a humidified oxygen mixture to the aorta under stable pressure. The heart is then placed in a plastic bag with a solution and ice. Experiments have shown that the organ’s pumping function is preserved and there is no significant tissue damage.

    The MISiS University Youth Prize in Science and Innovation is an all-Russian competition of popular science videos. You can take part in the school, student and popular science nominations. Contestants must record a short video and talk about their own research, development or scientific phenomenon. Winners and prize winners receive from 10 to 100 thousand rubles, as well as additional points when entering the university.

    The most popular nomination in 2025 was popular science — participants sent more than 100 videos. The most popular project areas were: chemistry and materials science (more than 30 projects), biology and life sciences, engineering sciences. The youngest participant in the award was 7-year-old Pseush Shumaf from Maikop.

    Since its foundation, the Youth Prize has been supported by the Russian Ministry of Education and Science. Partners include: RSF, Rosatom State Corporation, Gazprombank, Decade of Science and Technology, and many others.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-OSI Russia: Tianjin Airlines Builds ‘Friendship Air Bridge’ Between China and Russia

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian –

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

    BEIJING, May 26 (Xinhua) — A large passenger plane takes off smoothly against the backdrop of a cloudless blue sky and bright sunshine, heading for Moscow, the capital of Russia. Last month, Tianjin Airlines launched regular flights GS7941/42 to and from Moscow’s Sheremetyevo Airport on Tuesdays and Fridays. The route has not only brought the people of China and Russia closer together, but also injected new impetus into the development of tourism, business and cultural exchanges between the two countries.

    “2024-2025 have been declared the Cross Years of Culture between China and Russia, with hundreds of various events to be held. The peoples of our countries are becoming closer and closer to each other. Strengthening pragmatic cooperation in trade, education, sports and healthcare, as well as active mutual visits, are increasing demand for convenient air travel,” said Zhao Dingding, deputy chairman of the marketing committee of Tianjin Airlines, in an interview with the Tianjin Daily newspaper.

    According to him, the opening of this “Chinese-Russian express”, which meets the needs of the population, has created an effective “air bridge of friendship” for travelers and business representatives of the two countries.

    Before the launch of flights, the crews of Tianjin Airlines underwent special training: studying Russian culture, traditions and etiquette. There are stewards on board who speak Russian, and announcements are broadcast in two languages. In addition to traditional dishes such as beef with rice or chicken with noodles, the menu includes European cuisine: for example, cod with potatoes in Russian style.

    This autumn, Tianjin will host the SCO summit. As a local carrier and the “first window” for visitors to the city, Tianjin Airlines is preparing for the event. “We will decorate the cabins of our aircraft on the Moscow route with traditional Chinese ink landscapes and Russian nesting dolls. Thematic events and acquaintance of passengers with the history of the SCO and the sights of Tianjin, such as the Wudao area, the Italian quarter and the popular prints of the Yangliuqing village, are also planned,” said Song Jingjing, head of the cabin service service of Tianjin Airlines.

    “Interstate relations are built on mutual understanding between peoples, which in turn grows out of the convergence of aspirations of these peoples. Russia is a member of the SCO, and within the framework of the Belt and Road Initiative, cooperation between our countries continues to reach new heights,” said Li Rongkui, Chairman of the Board of Tianjin Airlines. He stressed that the airline, which is celebrating its 16th anniversary, will turn each flight into a “cultural living room in the sky”, strengthening Sino-Russian ties and contributing to the development of the SCO.

    MIL OSI Russia News

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

    Source: Government of India

    Source: Government of India (4)

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

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian –

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

    BEIJING, May 26 (Xinhua) — A themed event titled “Anti-Fascist War in Artworks” was held in Shanghai recently to commemorate the 80th anniversary of the victory of the Chinese People’s War of Resistance Against Japanese Aggression, the Great Patriotic War and the World Anti-Fascist War, Zhongxinwang reported.

    The event, organized by the Shanghai Association of Chinese Studied in Europe and America, was attended by Chinese and foreign guests, including representatives of the Russian Consulate General in Shanghai and the Belarusian Consulate General in Shanghai, as well as students from Shanghai Cooperation Organization (SCO) member states studying in Shanghai.

    In honor of the great victory in the anti-fascist war, the event included talks and artistic performances, and an exhibition dedicated to the theme of victory, peace and friendship was opened.

    The exhibition featured sculptures and oil paintings created by graduates of the Ilya Repin St. Petersburg Academy of Arts and the V. I. Surikov Moscow State Academic Art Institute at the Russian Academy of Arts.

    Xiong Jian, executive vice-chairman of the Shanghai Association of Chinese Studied in Europe and America, said that holding this event is of great significance. It promotes cultural exchange and mutual learning, and emphasizes the importance of remembering history and preserving peace.

    According to him, the victory in the world anti-fascist war is the result of international cooperation. This event is designed to help people realize that in the face of global challenges, only through joint efforts can countries overcome difficulties.

    As reported, in August this year, the Shanghai Association of Chinese Studied in Europe and America, together with the Shanghai Artists Association and other organizations, will also hold an art exhibition dedicated to the 80th anniversary of the victory in the Chinese People’s War of Resistance Against Japanese Aggression and the victory in the World Anti-Fascist War. -0-

    MIL OSI Russia News

  • MIL-OSI Russia: Australian PM condemns Israel for restricting aid supplies to Gaza

    Translation. Region: Russian Federal

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

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

    CANBERRA, May 26 (Xinhua) — Australian Prime Minister Anthony Albanese on Monday condemned Israel’s curbs on aid supplies to the Gaza Strip, calling it “unacceptable.”

    The blockade of food and supplies to people “who need it” in Gaza was “outrageous”, Mr Albanese said, adding that he had made Australia’s position clear to the Israeli government.

    “We believe that Israel’s justifications and explanations are completely untenable and lack credibility,” he told reporters in Canberra.

    “People are starving. It is outrageous that a democratic state is restricting supplies. This is my clear position,” the head of government said. –0–

    MIL OSI Russia News

  • MIL-OSI Russia: Iran to Continue Enriching Uranium on Home Soil – Foreign Minister

    Translation. Region: Russian Federal

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

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

    TEHRAN, May 26 (Xinhua) — Iran welcomes the launch of a uranium enrichment center in the region, but will continue enriching uranium on its own soil, Iranian Foreign Minister Abbas Araghchi said on Sunday.

    Speaking at a meeting with members of the Iranian parliament’s National Security and Foreign Policy Committee, A. Araghchi said that regarding the indirect talks between Iran and the US, the Iranian side has never left the negotiating table and will continue the diplomatic path, but will not negotiate under pressure, the official IRNA news agency reported.

    He also warned of a “tough” response if France, Germany and Britain triggered the retaliatory mechanism and reimposed sanctions.

    The mechanism is part of the 2015 nuclear deal, formally known as the Joint Comprehensive Plan of Action (JCPOA), signed by Iran and six countries — Britain, China, France, Germany, Russia and the United States. It allows the other parties to reimpose international sanctions if Tehran fails to comply with the agreement.

    Since April, Iran and the United States, brokered by Oman, have held five rounds of proximity talks on Tehran’s nuclear program and the lifting of U.S. sanctions, three in Muscat, Oman, and two in Rome.

    In recent days, US officials have repeatedly demanded that Iran completely stop enriching uranium, but Tehran has strongly opposed it. –0–

    MIL OSI Russia News

  • MIL-OSI Russia: Breaking: Chinese Premier Arrives in Malaysia to Attend ASEAN-GCC-China Summit

    Translation. Region: Russian Federal

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

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

    KUALA LUMPUR, May 26 (Xinhua) — Chinese Premier Li Qiang arrived in Kuala Lumpur on Monday to attend the ASEAN (Association of Southeast Asian Nations)-GCC (Gulf Cooperation Council)-China summit.

    The first trilateral summit was proposed by Malaysia, which holds the ASEAN presidency this year. Li Qiang visited Indonesia before arriving in Kuala Lumpur. –0–

    MIL OSI Russia News

  • MIL-OSI Russia: Uzbek companies seek business opportunities in southwest China

    Translation. Region: Russian Federal

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

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

    Chongqing, May 26 (Xinhua) — “I didn’t expect to find so many potential partners in Chongqing!” Donior Matnazarov, a businessman in the ceramic granite industry from Uzbekistan’s Khorezm region, exclaimed at a recent conference on China (Chongqing) – Uzbekistan (Khorezm region) trade and economic exchange.

    Donior Matnazarov visited Chongqing City /Southwest China/ for the first time. He not only held in-depth talks with a number of local construction material companies, but also discussed cooperation opportunities with electric vehicle charging station manufacturers and cross-border legal service providers.

    The event was attended by representatives of 20 Uzbek enterprises, led by Deputy Governor of Khorezm Region Anvar Davletov. They exchanged views with representatives of nearly 80 Chongqing enterprises on investment and trade needs, areas of potential cooperation and other issues in areas such as agriculture, textiles, food, new energy vehicles and electromechanical equipment.

    According to Anvar Davletov, the Khorezm region is rich in tourism and agricultural resources. Tourism is one of the main sectors of the regional economy. Many projects in such areas as the production of aluminum cans, baby food, compound feed and electric motors are open to Chinese investment.

    “Chongqing closely cooperates with Uzbekistan and has consistently established friendly relations with the Tashkent, Samarkand, Navoi, Syrdarya regions and other regions of this country,” said He Yi, secretary of the party group of the Chongqing City Committee for the Promotion of International Trade and chairman of the International Chamber of Commerce of the same city.

    According to its data, in 2024, the total volume of imports and exports between the two sides amounted to 1.06 billion yuan (about 147.62 million US dollars). At the end of the first quarter of 2025, this figure exceeded 300 million yuan, an increase of 123.5 percent year-on-year.

    As it became known, the mutual visa-free regime between China and Uzbekistan will come into force on June 1, 2025. “We count on further trade and economic cooperation and humanitarian exchanges with Chinese enterprises, including Chongqing ones,” Anvar Davletov noted. -0-

    MIL OSI Russia News

  • MIL-OSI Russia: ASEAN Summit, Integration and Sustainability Meetings Kick Off in Malaysia

    Translation. Region: Russian Federal

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

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

    KUALA LUMPUR, May 26 (Xinhua) — The 46th Association of Southeast Asian Nations (ASEAN) summit and related meetings kicked off in the Malaysian capital on Monday, with enhanced regional integration and resilience to trade and economic shocks on the agenda.

    Speaking at the opening ceremony of the plenary session, Malaysian Prime Minister Anwar Ibrahim called on ASEAN members to work together to address the challenges posed by the changing global order and to avoid deviating from the sustainable and equitable development agenda.

    “ASEAN’s peace, stability and prosperity often depend on an open, inclusive and rules-based international order that is underpinned by the free movement of trade, capital and people. These foundations are now being eroded by arbitrary action,” he said.

    “Indeed, the geopolitical order is currently changing, and the global trading system is under further strain with the recent imposition of unilateral tariffs by the US. Protectionism is resurgent, while we are witnessing multilateral cooperation coming apart at the seams,” he added.

    A. Ibrahim also stressed the importance of strengthening cooperation with friendly partners, noting the significance of the first-ever ASEAN-GCC-China summit, which brings together the organization with China, the region’s largest economic partner, and the Gulf Cooperation Council (GCC).

    Malaysia holds the ASEAN Chair in 2025 and hosts the ASEAN Summit and related meetings.

    Established in 1967, the organization includes Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam. –0–

    MIL OSI Russia News

  • MIL-OSI Russia: South Korean presidential candidate says he is ready to restore communication channels with North Korea

    Translation. Region: Russian Federal

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

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

    SEOUL, May 26 (Xinhua) — Democratic Party of Korea presidential candidate Lee Jae-myung said Monday he is ready to restore communication channels with the Democratic People’s Republic of Korea (DPRK).

    He announced his foreign security policy, saying he would seek to restore inter-Korean communication channels, including military hotlines, mutually suppress actions that cause tensions, and manage situations in a stable manner.

    Lee Jae-myung pledged to promote dialogue, exchange and cooperation with the DPRK and strive to achieve two Koreas coexisting on the Korean Peninsula with de-escalated tensions and a denuclearized world.

    A presidential by-election, triggered by the ouster of former President Yoon Seok-yeol over his failed attempt to impose martial law, is scheduled for June 3. –0–

    MIL OSI Russia News

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

    Translation. Region: Russian Federal

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

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

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

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

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

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

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

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

    MIL OSI Russia News

  • MIL-OSI Russia: Chinese Premier Arrives in Malaysia to Attend ASEAN-GCC-China Summit

    Translation. Region: Russian Federal

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

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

    KUALA LUMPUR, May 26 (Xinhua) — Chinese Premier Li Qiang arrived in Kuala Lumpur on Monday to attend the ASEAN (Association of Southeast Asian Nations)-GCC (Gulf Cooperation Council)-China summit.

    Li Qiang was greeted at Kuala Lumpur International Airport by, among others, Malaysian Transport Minister Anthony Loke Siew Fook and Chinese Ambassador to Malaysia Ouyang Yujing.

    Before arriving in Malaysia, which holds the ASEAN chair this year, Li Qiang paid an official visit to Indonesia. –0–

    MIL OSI Russia News

  • MIL-OSI Russia: China unveils action plan to accelerate development of digital and intelligent supply chains

    Translation. Region: Russian Federal

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

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

    BEIJING, May 26 (Xinhua) — China has unveiled an action plan to accelerate the development of digital and intelligent supply chains as part of a broader effort to upgrade them.

    The action plan, jointly released by China’s Ministry of Commerce and seven other departments, proposes adopting new technologies such as artificial intelligence, the Internet of Things and blockchain to drive the digitalization, intelligence and visualization of supply chains.

    According to the ministry, the plan aims to improve the level of supply chain organization in the agricultural sector, promote the intelligent development of supply chains in the manufacturing industry, strengthen the supply chain integration capacity in the wholesale sector, optimize the supply chain offer in the retail sector, and reduce logistics costs.

    The move comes as the country steps up efforts to improve the system’s health by strengthening the resilience and safety of industrial and supply chains, promoting the deep integration of the real economy and the digital economy, and supporting enterprises in transforming and upgrading traditional industries with digital intelligence technologies.

    The plan aims to establish replicable models for building digital and intelligent supply chains and basically build deeply embedded, intelligent, efficient, self-sufficient and controllable supply chain systems in important manufacturing industries and key areas of the country by 2030.

    The document also envisages cultivating about 100 leading national enterprises in the digital and intelligent supply chain sector by 2030. -0-

    MIL OSI Russia News

  • MIL-OSI Russia: NSU students win the 5th international festival “Tsifra”

    Translation. Region: Russian Federal

    Source: Novosibirsk State University – Novosibirsk State University –

    “Tsifra” is the largest platform for uniting young Russian directors working in the genres of feature, documentary and animation films, as well as rethinking genres in the direction of “author’s format”. The event is organized by the Cultural and Educational Center of the Student Union of Moscow State University named after M.V. Lomonosov and the Higher School (Faculty) of Television of Moscow State University. The festival is held in seven genre nominations: short documentary, animation, popular science and feature film, social video, video essay, music video. The theme of the 2025 festival is “Time”.

    This year, two works by students of the “Journalism” program Humanitarian Institute of NSU were noted by the jury. The film “Right to Yourself” became the winner in the category “Documentary Film”, and “Moving” received the prize for best director.

    — We decided to participate in the Tsifra festival because we had high-quality films made as part of the training courses. They had already participated in other competitions, and “The Right to Yourself” was even shown in Yekaterinburg on the screen of the Kolyada Theater and at the international festival Artdocfest in Riga. Tsifra is a prestigious venue, so we wanted to try our hand there, — shares Alina Iskhakova, one of the authors of the projects.

    The work on “Right to Yourself” was carried out by four students of the “Journalism” program – Alina Iskhakova, Valeria Ivaschenko, Sofia Sibrikova and Maria Ryabova. The film “Moving” was worked on by two people – Alina and Valeria.

    — “Right to Yourself” is the story of a person with mental disabilities who grew up in a boarding school. His past still determines his present and future. And “Moving” is a film about an elderly man who finds it difficult to give up his usual way of life for a more comfortable life, — says Valeria Ivaschenko.

    The “Tsifra” festival was held in two stages: first, the long list, then the short list. This year, participants sent hundreds of works from 9 countries, which made the victory even more honorable.

    — We were very happy when we learned that “Right to Yourself” won. And then it turned out that “Moving” also received the prize for best direction — and for a documentary filmmaker, this is a real second victory. The jury captured the main idea of both films, and this is especially pleasing. So, it was not in vain that we were taught dramaturgy, — adds Alina Iskhakova.

    You can view the winners’ works at the links:

    “Right to oneself”

    “Moving”

    We congratulate our students on their well-deserved victory and look forward to new works!

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-OSI Global: What’s the difference between abs and core? One term focuses on aesthetics – and the other on function

    Source: The Conversation – Global Perspectives – By Hunter Bennett, Lecturer in Exercise Science, University of South Australia

    Maksim Goncharenok/Pexels

    You’ve probably heard the terms “abs” and “core” used in social media videos, Pilates classes, or even by physiotherapists.

    Given they seem to refer to the same general area of your body, you might have wondered what the difference is.

    When people talk about “abs”, they’re often referring to the abdominal muscles you can see. Conversely, the term “core” is used to describe a broader group of muscles in the context of function, rather than aesthetics.

    While abs and core are often spoken about separately, there’s a lot of overlap between them.

    What are abs?

    The term “abs” is short for abdominal muscles. These are the muscles that run along the front and side of your stomach.

    When someone talks about getting a six-pack, they’re usually referring to toning the rectus abdominis, the long muscle that goes from the bottom of your ribs to the top of your pelvis.

    Your abdominals also include your obliques, which sit on the side of your body, and your transverse abdominis, which sits underneath your other abdominal muscles and wraps around your waist like a belt.

    The term “abs” has been around for a long time, and is perhaps most often used when discussing aesthetics.

    For example, it’s common to see health and wellness publications offering advice on how to achieve “flat” or “six-pack” abs.

    The long muscle that goes from the bottom of your ribs to the top of your pelvis is called the rectus abdominis.
    phoenix creation/Shutterstock

    What about the core?

    When people talk about the “core”, they are often referring to your abdominals, but also the muscles in your back (your spinal erectors), hips, glutes, pelvic floor, and your diaphragm.

    These are the muscles that can stabilise your spine against movement, and aid in the transfer of force between the upper and lower limbs.

    The term “core” wasn’t commonly used until the early 2000s, when it became synonymous with core training.

    While the exact reason for its surge in popularity isn’t clear, it most likely followed a study published in 1998 that suggested people with lower back pain might have impaired function of their deep abdominal muscles.

    From there, the concept of “core training” entered the mainstream, where it was proposed to reduce lower back pain and improve athletic performance.

    ‘Core’ training only entered the mainstream this century.
    nadia_acosta/Shutterstock

    What does the evidence say?

    When we consider all the muscles that make up the core, it seems obvious they would be important – but it might not be for the reasons you think.

    For example, having good core stability doesn’t necessarily prevent lower back pain, as it’s been touted to do.

    There’s evidence suggesting core stability training, which might include exercises such as planks and dead bugs, can help reduce bouts of lower back pain. However it doesn’t appear to be any more effective than other types of exercise, such as walking or weight training.

    Other research suggests there aren’t any differences in how people with and without lower back pain recruit and use their core muscles.

    In a separate study, improvements in core strength and stability after a nine-week core stability training program were not significantly associated with improvements in pain and function, further questioning this relationship.

    The link between core strength and athletic performance is also unclear.

    A 2016 review found some very small associations between measures of core muscle strength and measures of whole body strength, power and balance. However, because of the design of the studies reviewed, we don’t know whether people who have better strength, power and balance simply have stronger core muscles, or whether stronger core muscles increase strength, power and balance.

    An earlier review summarised the effect of core stability training on measures of athletic performance, including jumping, sprinting and throwing. It concluded this type of training is unlikely to provide substantial benefits to measures of general athletic performance such as jumping and sprinting.

    However, this review also suggested that, given the important role of the abs in torso rotation, strengthening these muscles might have merit in improving performance in sports that involve swinging a bat or throwing a ball.

    This is likely to apply to other sports that involve rapid torso movement as well, such as mixed martial arts and kayaking.

    Stronger abdominal muscles could offer an advantage in sports that involve rotation.
    Lino Khim Medrina/Pexels

    How can you exercise your abs and core?

    There’s good evidence that simply getting stronger by lifting weights can help prevent injuries. Training your core to get stronger should have a similar impact, as long as it’s part of a broader training program.

    We also know having weaker muscles makes you more likely to experience functional limitations and disability in older age. So alongside any other potential benefits, improving core strength with the rest of your body could help keep you fit and healthy as you get older.

    There are plenty of exercises you can do to train your core and abs.

    If you’re new to core training, you might want to start off with some lower-level isolation exercises that don’t involve any movement of the core. These include things like planks, bird dogs, and pallof presses. These are unlikely to cause too much muscle soreness, but will train your core muscles.

    Once you feel like these are going well, you can start moving into some more dynamic exercises such as sit ups, Russian twists and leg raises, where you train your abdominals using a full range of motion.

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

    ref. What’s the difference between abs and core? One term focuses on aesthetics – and the other on function – https://theconversation.com/whats-the-difference-between-abs-and-core-one-term-focuses-on-aesthetics-and-the-other-on-function-254582

    MIL OSI – Global Reports

  • India’s NavIC: The Precision Backbone Behind Operation Sindoor

    Source: Government of India

    Source: Government of India (4)

    When India unleashed Operation Sindoor in May 2025, the world watched its advanced missiles, drones, and stealth assets. But one of the most decisive factors in the success of this coordinated military operation was invisible — orbiting silently above the subcontinent. That asset was NavIC, India’s indigenous satellite navigation system.
     
    What is NavIC?
     
    NavIC (Navigation with Indian Constellation), officially known as IRNSS (Indian Regional Navigation Satellite System), is India’s own satellite-based navigation system developed by ISRO. It provides accurate real-time positioning, navigation, and timing (PNT) information over India and up to 1,500 kilometers beyond its borders.
     
     
    Unlike GPS (U.S.), GLONASS (Russia), Galileo (EU), or BeiDou (China), NavIC is controlled by India, providing full autonomy to armed forces even during global or regional conflicts. This is especially critical when access to foreign systems like GPS can be denied or degraded — as happened during the 1999 Kargil War.
     
    NavIC Satellite Constellation
     
    The NavIC system currently consists of 7 satellites in geostationary and geosynchronous orbits. They include:
     
    • – IRNSS-1A to IRNSS-1G – Launched between 2013–2016
    • – NVS-01 – Launched in May 2023, carrying an indigenous Rubidium atomic clock
    • – NVS-02 to NVS-05 – Scheduled between 2025–2027 to upgrade and expand coverage
     
    These satellites are equipped with dual-band signals (L5 and S-band). The L5 signal is encrypted for military use and is resistant to jamming and spoofing — critical in active combat zones.
     
    How NavIC Powered Operation Sindoor
     
    During the multi-day Operation Sindoor, India used NavIC across several layers of combat operations:
     
    • – Missile Guidance: BrahMos, Pralay, and loitering munitions like Nagastra-1 used NavIC coordinates for precise targeting.
    • – Drone Navigation: Swarm drones and long-range UAVs used NavIC for autonomous operations in jammed airspace.
    • – Troop Movement: Army units and special forces tracked each other using encrypted NavIC handhelds for night raids and laser-guided artillery strikes.
    • – Battle Damage Assessment: Integrated with RISAT radar satellites and Cartosat imaging, NavIC helped geolocate impact zones in real time.
     
    By relying entirely on its own satellite infrastructure, India ensured that no foreign power could restrict or distort battlefield intelligence or targeting systems.
     
    Strategic Advantages of NavIC
     
    India’s use of NavIC during Operation Sindoor demonstrated several critical advantages:
     
    • – Independence from U.S. GPS: India could strike deep without relying on any foreign-owned navigation signals.
    • – Encrypted Military Channel: Prevented Pakistani jamming or spoofing during missile and drone missions.
    • – Faster Signal Lock: NavIC provides higher accuracy over the Indian subcontinent than even GPS in some regions.
    • – Tactical Depth: With NavIC’s expansion to include NVS-class satellites, India aims to cover the Indian Ocean Region more comprehensively.
    Other Countries with Independent Navigation Systems
     
    Only a few nations operate fully autonomous satellite navigation systems:
     
    • – United States – GPS
    • – Russia – GLONASS
    • – European Union – Galileo
    • – China – BeiDou
    • – India – NavIC
     
    India is the only country in the developing world to deploy such a system, putting it in an elite club of space-faring nations with independent military-grade navigation capabilities.
     
    Looking Ahead
     
    India plans to expand NavIC’s reach globally in the next phase, with 11 satellites forming a broader IRNSS constellation. This will allow Indian defense systems, aircraft, naval ships, and space platforms to remain connected under an unbreakable, encrypted web of real-time data.
     
     
    From missile launchers to battlefield soldiers, NavIC ensured synchronization, survivability, and supremacy in Operation Sindoor — setting the tone for India’s future wars to be fought with precision on its own digital terrain.
     
    Futuristic Vision: NavIC as India’s Digital Warfare Backbone
     
    NavIC is more than a navigation system — it is a strategic pillar for India’s future military doctrine. As the Indian Armed Forces transition toward a digitally networked battlefield, NavIC will evolve into a real-time combat enabler across land, sea, air, and space.
     
     
    India’s vision for NavIC includes:
     
    • – Global Expansion: Upgrading NavIC into a global navigation constellation by 2030, with coverage from Africa to the Pacific.
    • – Hypersonic Weapon Integration: Guiding future hypersonic glide vehicles (HGVs) with NavIC’s encrypted signals.
    • – Space Command Network: Serving as the digital backbone for India’s Defense Space Agency, ISR satellites, and kinetic space response units.
    • – Manned-Unmanned Coordination: Enabling coordinated strikes using swarms of drones, robotic tanks, and autonomous aerial combat vehicles via a NavIC-based command network.
    • – Civil-Military Synergy: Equipping civilian vehicles, aircraft, shipping, and emergency services with NavIC for disaster response, transport safety, and 5G integration.
     
    In essence, NavIC will not just guide missiles — it will guide India’s journey to digital dominance in 21st-century warfare.
     
     
     
  • MIL-OSI China: Sabalenka, Zheng ease into French Open second round

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

    World No. 1 Aryna Sabalenka and Olympic champion Zheng Qinwen of China both cruised into the second round of the French Open on Sunday.

    Sabalenka, a three-time Grand Slam champion, dominanted the match with a 6-1, 6-0 win over Russia’s Kamilla Rakhimova. Her best result at Roland Garros was a semifinal appearance two years ago.

    Eighth seed Zheng defeated former French Open finalist Anastasia Pavlyuchenkova 6-4, 6-3 in the opening round.

    “I’m happy to win this match, especially as I think she is a great opponent, playing really aggressively,” Zheng said afterwards.

    “The first match of the tournament is never easy, so I’m happy today and I’m really happy to be back at Roland Garros. Thanks to the crowd who supported me today,” she added.

    Zheng has now reached the second round at Roland Garros for the fourth straight year and extended her winning streak at the venue to seven matches, dating back to her gold medal run at Paris 2024. Zheng will next face Colombia’s Emiliana Arango.

    Elsewhere, China’s Yuan Yue fell to fourth-seeded Jasmine Paolini of Italy 6-1, 4-6, 6-3.

    Jasmine Paolini returns a shot during the women’s singles first round match between Jasmine Paolini of Italy and Yuan Yue of China at the French Open tennis tournament at Roland Garros, Paris, France, May 25, 2025. (Xinhua/Li Jing)

    Last year’s runner-up Paolini had to work harder for the win. Yuan led 3-2 in the deciding set before Paolini, fresh off her Italian Open victory, broke back and reeled off four straight games to close out the match.

    In the men’s draw, Italy’s Lorenzo Musetti, seeded eighth, advanced to the second round with a 7-5, 6-2, 6-0 victory over German qualifier Yannick Hanfmann.

    “I feel ready to try to go for the trophy,” said Musetti. “I think clay probably is the surface which I feel the most comfortable.”

    MIL OSI China News

  • MIL-OSI Russia: The government has expanded the areas of activity for using the funds of the universal service reserve.

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    Resolution of May 23, 2025 No. 715

    Document

    Resolution of May 23, 2025 No. 715

    The funds of the universal service reserve, which is formed in the federal budget by means of deductions from part of the revenue by communication operators, can be used to create fiber-optic communication lines to individual settlements. The decree changing the rules for using the funds of the universal service reserve has been signed.

    The list of populated areas where it is planned to create fiber-optic lines will be determined by the Government in the near future.

    In addition, the Universal Service Reserve funds can be used to facilitate the development and implementation of advanced communications technologies and the improvement of equipment required for this purpose.

    The rules for using the universal service reserve funds were approved by the Government in 2005. Currently, these funds are used to provide universal communication services and maintain a database of transferred subscriber numbers.

    The signed resolution is necessary for the implementation of new provisions of the federal laws “On Advertising” and “On Communications”. The relevant amendments to them were adopted in December 2024.

    The signed document introduces changes toGovernment Resolution of April 21, 2005 No. 243.

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  • MIL-OSI Russia: Taiwan sets up think tank to promote peaceful reunification of motherland

    Translation. Region: Russian Federal

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

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

    TAIPEI, May 26 (Xinhua) — A new think tank, Sanhe, launched in Taiwan on Sunday to promote peaceful reunification of the motherland and dispel myths about cross-Straits relations in the region.

    According to its founders, the Sanhe Think Tank will focus on promoting rapprochement between people on both sides of the Taiwan Strait and expanding peaceful exchanges and cooperation.

    The initiative to establish the center was put forward by the New Taiwan Party (NTP), with the participation of the Taiwan Labor Party and other political factions on the island, as well as young people from various walks of life.

    At the first seminar of the new center, NPT Chairman Wu Chengdian emphasized that in the 32 years of the party’s existence, its mission has remained unchanged – striving for the peaceful reunification of the motherland.

    “The Sanhe Think Tank will become a legal platform for Taiwanese people to openly express their desire for national reunification,” Wu Chengdian said.

    At the event, the center released its first white paper on strategic thinking on cross-strait relations. The four-chapter document explores ways to overcome the restrictions imposed by the ruling Democratic Progressive Party and “codes” for peace across the Taiwan Strait.

    “This is just the beginning,” said NPT Vice Chairman Li Shengfeng, expressing hope that the seminar will become a permanent platform for pooling collective wisdom for the sake of Taiwan’s future and the cause of peaceful reunification. -0-

    MIL OSI Russia News

  • MIL-OSI Russia: The Academic Council discussed cooperation with Slavic universities and the life of the Student City

    Translation. Region: Russian Federal

    Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

    Last Friday, the regular meeting of the SPbPU Academic Council took place. Its participants discussed the interaction of the Polytechnic University with Slavic universities, the work of the Student City, held elections of directors of some institutes and higher schools, and voted for the nomination of several university employees for academic titles.

    Before the meeting, members of the Academic Council congratulated the rector of SPbPU Andrey Rudskoy on the presentation to him, as a co-author of the book “Putin in the Mirror of Time. Milestones of the Biography and Chronicles of the Era”, Letter of thanks from the President of Russia. Then they moved on to the ceremonial part, where many more Polytechnicians and university partners were awarded congratulations and applause.

    For his great contribution to the formation and replenishment of the SPbPU endowment fund and strengthening the positive image of the university, the “For Merit” badge of distinction was awarded to Deputy Head of the Corporate Network Department – Senior Vice President of VTB Bank, Polytechnic University graduate Yuri Levchenko.

    The Chief of the Main Directorate of the Ministry of Emergency Situations of Russia for the Leningrad Region, Lieutenant General of the Internal Service Evgeny Deineka, was also awarded the “For Merit” badge.

    The presentation of candidate of science diplomas at the Polytechnic University also takes place in a solemn atmosphere. Members of the Academic Council congratulated their colleagues on receiving their academic degrees: Nikita Zibarev, an assistant at the Higher School of Biotechnology and Food Production, became a candidate of technical sciences, Tatyana Kudryashova, a senior lecturer at the Higher School of Biotechnology and Food Production, became a candidate of biological sciences, and Suzanne Niemb Bekoume, a young scientist from Cameroon, became a candidate of economic sciences.

    Director of the Higher School of Design and Architecture, Doctor of Architecture Margarita Perkova became a corresponding member of the Russian Academy of Architecture and Construction Sciences (RAASN).

    The Association of Museums of Universities of St. Petersburg awarded the director of the SPbPU History Museum, Valery Klimov, with a diploma “For the Honor and Dignity of the Profession.”

    It’s time to celebrate the athletes’ achievements. Students Anastasia Dmitrieva and Elizaveta Shevchenko took first place in the Russian and St. Petersburg championships in sports aerobics.

    The Polytechnic women’s basketball team, which took 2nd place in the All-Russian student competition “ASB League Belov Cup”, was represented by Karina Kambulatova, Yulia Ragozina, Kristina Krivich, Ksenia Litvin and assistant of the Department of Physical Training and Sports Victoria Shipovskaya.

    The Academic Council did not forget about the successes of the university’s creative teams. The SPbPU Chamber Choir received the Grand Prix open competition of student choirs of Russia “Blagovest”. At the Academic Council, the winners were represented by a 2nd-year student of the Institute of Biological Sciences and Biology Olesya Shkorubskaya. Youth choir “Polyhymnia” became the best among fifty participants All-Russian choral competition “Raduga”. And the pop-symphony orchestra Ingenium took 1st place at the festival “Student Spring”— the most significant creative competition of universities in the North-West.

    For the first time, the Academic Council not only congratulated the winners, but also saw fragments of their performances on the big screen, which was especially inspiring and set the mood for positivity.

    On the agenda, Dmitry Arsenyev, Vice-Rector for International Affairs at SPbPU, presented a report entitled “On the coordination of activities and support for development programs of Russian-national (Slavic) universities.”

    The Slavic Universities project is one of the largest international projects of SPbPU. It is aimed at creating an international community of leading universities promoting Russian education, science and culture in the CIS countries. Its key goal is to form an educational outpost uniting universities of Belarus, Armenia, Kyrgyzstan, Tajikistan and other countries through the introduction of the best Russian practices, deep transformation of educational processes and strengthening of scientific research potential.

    Significant results were achieved during the period from 2021 to 2025: 14 network educational programs and 16 academic mobility programs were launched, involving more than 200 students. Through joint efforts, 18 conferences were held, over 170 scientific papers were published, and more than 500 employees of Slavic universities were trained in advanced training programs. Key initiatives include the creation of an intelligent robotics laboratory at the Belarusian-Russian University, the implementation of the Moodle cloud platform at the Kyrgyz-Russian University, and major events such as the Slavic Horizon Summit (2023) and the International School of Astrophysics at the Byurakan Observatory.

    However, the project faces challenges: legal restrictions due to the status of foreign legal entities, differences in legislation and mentalities, as well as difficulties with migration policy. These barriers require an individual approach to each university and additional resources.

    Large-scale initiatives are planned for 2025–2026: development and implementation of joint and network educational programs, including expert and consulting support for organizing a distance learning system in Slavic universities; creation of a Student Project Bureau at KRSU; mutual academic mobility of students and postgraduates between partner universities; attraction of leading research and teaching staff from Slavic universities to exchange experience; development of comprehensive plans for the development of the scientific base of KRSU with a focus on projects for industrial partners (LLC Alliance Altyn and GC Geoscan); opening of dissertation councils; expert support for the modernization of the information and library complex of KRSU; as well as the formation of a unified youth policy in Slavic universities through the involvement of students in scientific, educational and cultural initiatives. Particular attention will be paid to the dialogue with the Ministry of Education and Science of Russia.

    Slavic universities are a systemic effort to overcome borders, where students from different countries not only study, but also create projects that solve real problems. We see how joint work launches a chain reaction of ideas. Our focus is not on formal indicators, but on creating a unified scientific ecosystem, – emphasized Dmitry Arsenyev.

    The Academic Council of SPbPU noted the importance of the project for promoting technical education of SPbPU abroad, recognized the work done by the project office as satisfactory, and also approved the work plan for the coming year.

    The second issue on the agenda was addressed by the Director of the Student City, Vyacheslav Olshevsky.

    The Polytechnic University campus consists of 21 dormitories, two hostels, three hotels and an administrative and economic block, which includes a production complex and furniture manufacturing.

    The number of people living in dormitories increases every year. According to the admissions targets for 2024, 70% of those admitted to the Polytechnic are from out of town. Currently, about 10 thousand students live in the dormitories of the Student City.

    The administration ensures that each resident is provided with the necessary set of furniture. Each dormitory has a study room for classes, and almost all dormitories have sports rooms. Dormitory repairs are carried out both by the Student City production complex and with the involvement of contractors.

    In 2025, together with the United Student Council of SPbPU, we held a significant event – forum of student councils of dormitories.

    Vyacheslav Olshevsky also spoke about the hotel complex, noting that it brings great benefit in accommodating those in need of accommodation: 95% of the hotels are occupied by students. Also, during the admission campaign, applicants and their parents can live there. There is a 60% discount on accommodation in the hotel complex for students.

    With all the advantages, there are also difficulties. Thus, in 2024, a resort tax was introduced in St. Petersburg (100 rubles). Fortunately, full-time students under 24 are considered a privileged category of citizens. But in 2025, a tourist tax was introduced in St. Petersburg for legal entities, and so far there are no benefits for accommodating students. This issue is currently being resolved at the level of the legislative and executive authorities of the city.

    Vyacheslav Olshevsky pleased us with the information that a food outlet will open in the Maximum Hotel any day now, and this is very good, since there are no cafes or shops near the hotel.

    The third issue on the agenda of the meeting was devoted to the election of directors of institutes and higher schools. According to the results of the vote, the post of director of the Institute of Electronics and Telecommunications was retained by Alexander Korotkov, the post of director of the Institute of Physical Culture, Sports and Tourism was retained by Valery Sushchenko, and Nikolay Ivanov became the director of the Physics and Mechanical Institute. Zeynab Bakhturidze became the director of the Higher School of International Relations of the State Institute of Physical Culture, Sports and Tourism, Vladimir Mulyukha became the director of the Higher School of Artificial Intelligence Technologies of the Institute of Scientific Research, Maria Poltavtseva was elected director of the Higher School of Computer Technologies and Information Systems of the Institute of Scientific Research, Alexey Grachev became the director of the Higher School of Transport of the Institute of Medical and Electronic Technology, Margarita Perkova became the director of the Higher School of Design and Architecture of the Institute of Scientific Research, and M. V. Gumilyov became the director of the Higher School of Professional Judo Trainers named after A. S. Rakhlin – Mikhail Rakhlin, director of the Higher School of Electronics and Microsystem Engineering of the Institute of Electrical Engineering and Technology – Vera Loboda, director of the Higher Engineering and Physics School of the Institute of Electrical Engineering and Technology – Roman Burkovsky, director of the Higher School of Advanced Digital Technologies PISh “Digital Engineering” – Valery Leventsov, director of the Higher School of Fundamental Physics Research of the Physics and Mechanics Institute – Viktor Dubov, director of the Higher School of Applied Mathematics and Computational Physics of the Physics and Mechanics Institute – Maxim Frolov.

    The fourth issue was the presentation for the assignment of academic titles. From the Institute of Electronics and Telecommunications, it was decided to present Sergei Ivanov (scientific specialty “Radiophysics”) and Ivan Rumyantsev (scientific specialty “Electronic component base of micro- and nanoelectronics, quantum devices”) to the title of associate professor.

    The Institute of Mechanical Engineering, Materials and Transport nominated for the title of associate professor: Alexander Bakhshiev (Artificial Intelligence and Machine Learning), Boris Spassky (Robots, Mechatronics and Robotic Systems), Vasily Teplukhin (Mechanical Science).

    The Institute of Industrial Management, Economics and Trade nominated for the title of associate professor: Ksenia Kikkas (World Economy) and Angi Skhvediani (Mathematical, Statistical and Instrumental Methods in Economics).

    At the end of the meeting, SPbPU Academic Secretary Dmitry Karpov reported on monitoring the implementation of the Academic Council’s decisions.

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  • MIL-OSI Russia: New book about Polytechnic heroes: from T-34 to Operation Berezino

    Translation. Region: Russian Federal

    Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

    The TASS press center hosted a presentation of the book “Polytechnic. Fortitude. 1941-1945.” The author, leading specialist of the SPbPU History Museum Alexander Kobyshev, and the vice-rector for youth policy and communication technologies at SPbPU Maxim Pasholikov told journalists about the new edition, dedicated to the 80th anniversary of the Victory in the Great Patriotic War.

    “The book ‘Polytechnic. Fortitude. 1941-1945’ is just one example of how the Polytechnic University preserves the memory of the Great Patriotic War,” began Maxim Pasholikov. “Back in 2004, students created the military-historical club ‘Our Polytechnic’, began studying archival documents, organizing search watches, hikes to battle sites, excursions and much more. In May, in Karelia, where the Polytechnicians fought in 1941, the military-patriotic rally ‘Syandeba. Connection of Generations’ was held for the twentieth time. For many years, students have been restoring the names of fallen soldiers, searching for personal files, and collecting them in an electronic Book of Memory. Last year, it was printed for the first time. And the new edition “Polytech. Fortitude. 1941–1945” continues the study of unknown pages in the history of our university.”

    The book “Polytechnic. Fortitude. 1941-1945” consists of two parts. The first describes the activities of the Leningrad Polytechnic Institute named after M. I. Kalinin during the Great Patriotic War – both in Leningrad and in evacuation, in Pyatigorsk and Tashkent. The second part is dedicated to the contribution of polytechnicians to the creation of the weapons of Victory. In addition to the already known names, readers will learn for the first time about more than 120 graduates of the institute who worked at the main defense enterprises and in intelligence.

    “Our task was to show the history of the institute as a whole and its influence on the course of World War II,” emphasized Alexander Kobyshev. “Probably, everyone has seen the “Weapons of Victory” coins issued by the Central Bank. Eight of the nineteen coins depict weapons developed by polytechnicians.”

    The famous T-34 tank was designed by Mikhail Koshkin, a graduate of the institute. Ivan Bushnev participated in the creation of the T-50 light tank, and the names of Nikolai Dukhov and Zhores Kotin are associated with the production of the KV-1, KV-2, IS-1, IS-2, and IS-3 heavy tanks. Polytechnicians also contributed to aviation. The first fighters were designed by Nikolai Polikarpov, seaplanes by Georgy Beriev, and combat gliders that delivered weapons and food were designed by Oleg Antonov.

    Vladimir Tsimbalin created a device to protect pilots from overloads in flight, Mikhail Berezina participated in the creation of aircraft guns. Yuri Baimakov came up with a technology for producing an alloy for fuses of Molotov cocktails. Fyodor Petrov developed the M-30 howitzer. During the war, every second mortar was made from pipes of the Nikopol South Pipe Metallurgical Plant, the evacuation of which to Pervouralsk was led by the director, a graduate of the metallurgical faculty of the Polytechnic University, Alexey Astakhov.

    “Almost all artillery is the result of the work of Polytechnic graduates: anti-aircraft guns, divisional guns, anti-tank guns, small artillery, mortars,” listed Alexander Kobyshev. “The Degtyarev anti-tank rifle is named after the bureau, but was developed by the group of Polytechnician Alexander Dementyev. The gas generator for the famous GAZ-AA truck was made by our graduate student and engineer Volodin. And the director of GAZ was our graduate Loskutov, who replaced the previous graduate, who, unfortunately, was arrested and died during the repressions. We provide a list of these people and a list of the factories where they worked. For us, this became a new understanding of the contribution of Polytechnicians to the Great Victory.”

    The book names 11 Polytechnicians who were Heroes of the Soviet Union, who received this title from 1941 to 1945. Among them is Marshal Leonid Govorov, a former Polytechnic student who was mobilized into the Russian Imperial Army during the First World War.

    The final chapter of the book is called “Behind the Front Lines” and is dedicated to intelligence officers.

    “The name of the first of them is well known – this is Hero of the Soviet Union Viktor Lyagin,” said Alexander Kobyshev. “We learned about the second one recently, this is a graduate of the electromechanical faculty, Alexander Demyanov. He was a double agent: the Germans called him Max, and ours – Heine. He led a radio game, thanks to which significant parts of the Wehrmacht were not transferred to Stalingrad, and we were able to win this decisive battle. After that, our graduate continued working in Operation Berezino in Belarus, for which Heine was awarded the Order of the Red Star, and Max received the Iron Cross with Swords. German intelligence officers highly valued him for the disinformation he supplied them with.”

    Aleksandr Nikolaevich shared a few more interesting facts about people who studied at the Polytechnic at different times. Thus, Marceli Porowski, a graduate of the economics department, fought during the Warsaw Uprising in 1944 and was the president of Warsaw. Nikolai Novik, a future member of the French Resistance, who was awarded the French Military Cross and the Order of the Legion of Honor, studied at the same economics department.

    Many archives are being declassified now, and every year we learn something new. I hope that students will join this work, and the chronicle of our university will be replenished, – Maxim Pasholikov summed up.

    “Polytechnic. Fortitude. 1941-1945” is the fourth book in the series of historical works by Alexander Kobyshev. The first, “Polytechnic. Beginning. 1899-1917”, was published for the 125th anniversary of Peter the Great St. Petersburg Polytechnic University in a print run of 500 copies. All subsequent volumes were published in print runs of 200. As Alexander Nikolaevich said at a press conference, a total of seven books are planned. The fifth will cover the period from 1946 to 1960, the sixth – from 1960 to 1990, and the seventh – from 1990 to the present day.

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  • MIL-OSI Russia: Mathematicians once again confirmed their title as the university’s strongest track and field athletes

    Translation. Region: Russian Federal

    Source: Novosibirsk State University – Novosibirsk State University –

    The annual track and field competitions were held at the NSU stadium – the last event of the Spartakiad program among faculties and institutes, in which 12 teams took part.

    Almost 100 students competed in 100, 400 and 800 meter races, and the competition program was concluded by a mixed 4 x 200 m relay. The team standings were determined by the sum of the 10 best results shown in all events, and the MMF students once again became winners.

    Prize winners in the individual competition:

    100m Run 1st place – Anastasia Osmushkina (IMMT) and Alexander Makhanov (GGF) 2nd place – Arina Landl (SUNC NSU) and Andrey Birkin (EF) 3rd place – Anastasia Moshkina (MMF) and Sergey Budyakov (IFP)

    400m run 1st place – Ksenia Zubareva (FEN) and Nikita Bosak (MMF) 2nd place – Arina Landl (SUNC NSU) and Andrey Birkin (EF) 3rd place – Varvara Volkova (MMF) and Alexander Makhanov (GGF)

    800m Run 1st place – Anastasia Osmushkina (IMMT) and Alexey Chviruk (MMF) 2nd place – Daria Zavalishina (MMF) and Miron Gaskov (FIT) 3rd place – Tatyana Nefedova (GI) and Gleb Mamonov (MMF)

    Relay 4×200 m 1st place – MMF, result 1.48.1 2nd place – FIT, result 1.53.6 3rd place – team of FF and SUNC, result 1.56.4

    Team standings of the NSU Spartakiad in athletics: 1st place – Faculty of Mechanics and Mathematics 2nd place – Faculty of Physics 3rd place – Institute of Intelligent Robotics

    Congratulations to the winners of the competition! We thank all the students for participating, and Anton Mamekov and other teachers of KaffV for organizing the start! We wish you success in the summer session and look forward to seeing everyone on our sports grounds next academic year!

     

    See all results in the protocols on the page

    Photos

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  • MIL-OSI Russia: Official responsible for warship launch accident detained in North Korea – KCNA

    Translation. Region: Russian Federal

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

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

    PYONGYANG, May 26 (Xinhua) — Law enforcement agencies in the Democratic People’s Republic of Korea (DPRK) have detained a senior official who is largely responsible for the recent failed launch of a warship, the official Korean Central News Agency (KCNA) reported Monday.

    Based on the findings so far from the accident investigation team, law enforcement agencies have summoned and detained Lee Hyun-sung, deputy head of the Military Industry Department of the Workers’ Party of Korea (WPK) Central Committee, who is “largely responsible for the serious accident,” KCNA said in a statement.

    The investigation team into the incident informed the WPK Central Military Commission of its progress on Sunday, KCNA reported.

    “At the site where the accident occurred during the launch of the destroyer, work is actively underway to fully restore the balance of the warship under the technical guidance of a group of experts in accordance with its schedule,” the statement said.

    Authorities have launched a full-scale investigation after the newly built 5,000-ton destroyer lost balance, capsized and lay on its side in the water while being launched at the Chongjin shipyard on Wednesday. Authorities had previously detained three people over the incident, KCNA reported. –0–

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  • MIL-OSI Russia: Vitaly Lazutkin: “We need to build quickly, efficiently, and intellectually capaciously”

    Translation. Region: Russian Federal

    Source: Saint Petersburg State University of Architecture and Civil Engineering – Saint Petersburg State University of Architecture and Civil Engineering – Speech by Vitaly Lazutkin

    The Chairman of the Leningrad Region Construction Committee Vitaly Lazutkin addressed the students of SPbGASU. The event was organized by the Center for Student Entrepreneurship and Career of our university.

    Vitaly Vitalyevich emphasized the importance of professionalism in the construction industry: “The level of tasks to be solved by a government customer is significantly higher than in a commercial organization. We need to build quickly, efficiently, and intellectually capaciously.”

    He noted that working in government bodies opens up great opportunities for ambitious and responsible young professionals: “The Leningrad Region Construction Committee is a serious professional start and a fundamentally new outlook on the industry and profession.”

    Much attention was paid to the industry’s prospects and requirements for young personnel: “Today, the construction industry is growing rapidly and places high demands on specialists. Modern construction is a complex industry that will continue to develop.”

    Students learned about the possibilities of practical training and internships in the committee, career paths in the civil service, and salary levels. In addition, the topic of targeted training as an effective mechanism for training specialists for state needs was touched upon. Students were told about the possibility of concluding a targeted contract, its advantages, and future employment prospects.

    Director of the Center for Student Entrepreneurship and Career Ekaterina Abolina emphasized the importance of such events: “Meetings like these help students better navigate professional opportunities and take the first step toward an informed career choice.”

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