Category: Scandinavia

  • MIL-OSI: Nokia accelerates mass market multi-Gig broadband with new high-density 25G PON line card

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    Nokia accelerates mass market multi-Gig broadband with new high-density 25G PON line card

    • The new 16-port line card solution is optimized for mass market 25G PON, ensuring multi-gigabit can be delivered in a cost-effective way to everyone without compromise.
    • Nokia’s 25G PON line card, based on the Quillion chipset, supports GPON, XGS, and 25G PON, providing flexible upgrade options that can future-proof fiber access networks.
    • 25G PON is the fastest, greenest and most cost-effective way to deliver multi-gig and 10G+ residential services.

    27 May 2025
    Espoo, Finland – Nokia today announced the launch of a new 25G PON high-density line card designed to deliver mass market, multi-gig, residential broadband services that users expect from a premium broadband experience. Supporting a diverse range of PON technology options, the new solution provides operators with a cost-effective way to deliver true 10Gb/s broadband services in a cost-effective way. The 16-port line card, based on Nokia’s Quillion chipset, supports GPON, XGS-PON, 25G PON and multi-PON variants like GPON + XGS-PON, XGS+25G PON and GPON + XGS + 25G PON on every port, giving operators the flexibility to seamlessly evolve with market demands.         

    The need for multi-gigabit is gaining momentum as operators look to move beyond providing sustained, average bandwidth toward differentiated services that can handle bursty, high-peak traffic demands and deliver superior customer experiences. End-users also increasingly seek high-speed upstream and downstream connectivity for real-time access to the cloud, gaming, home working and Wi-Fi 7. With 10G+ connectivity, games can be downloaded in minutes versus an hour with 1 Gigabit speeds, data and application in the cloud can be accessed instantaneously, and Wi-Fi 7 can be effectively backhauled.

    “We’re helping operators deliver unbeatable multi-gigabit experiences today with our new 25G PON solution. It combines speed, scale, and efficiency — giving service providers an efficient path to new revenue streams, without having to rethink their entire network,” said Geert Heyninck, General Manager, Broadband Networks at Nokia.

    “Being able to cost-effectively scale multi-gigabit and true 10Gb/s services across their entire residential subscriber base is critical for service providers in increasingly competitive broadband markets. The ability to offer the highest speeds, and handle high-peak traffic demands with the lowest latency and jitter is how providers will stand out from the crowd and keep subscribers happy,” said Jeff Heynen, Vice President, Broadband Access and Home Networking at Dell’Oro Group.

    Expanding Nokia’s comprehensive 25G PON portfolio, the new line cards can be paired with Nokia’s fiber modems to provide a future-proof, cost-efficient, end-to-end solution for mass market 25G PON residential and enterprise service deployments. Today 20 operators, including Google Fiber, and Hong Kong Broadband are using Nokia’s proven 25G PON technology to address demand for faster broadband speeds.

    “Fiber is a strategic asset that ensures our network can scale and adapt to changing customer needs. The ability to seamlessly upgrade from GPON to XGS-PON and now 25G PON, along with our unique coexistence technology, reflects our commitment to staying ahead of the curve. 25G PON strengthens our competitive position, enabling us to deliver high-speed, future-proof connectivity for businesses and an expanding base of residential customers who increasingly depend on fast, reliable broadband for cloud services, gaming, and immersive digital experiences,” said Veronica Bloodworth, EVP and Chief Network Officer at Frontier.

    Multimedia, technical information and related news 
    Web Page: Nokia 25G PON

    About Nokia
    At Nokia, we create technology that helps the world act together. 

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation. 

    With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

    Media inquiries
    Nokia Press Office
    Email: Press.Services@nokia.com

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  • MIL-OSI Europe: OSCE launches Regional Task Force on Education for Just and Inclusive Energy Transition in Central Asia

    Source: Organization for Security and Co-operation in Europe – OSCE

    Headline: OSCE launches Regional Task Force on Education for Just and Inclusive Energy Transition in Central Asia

    As the renewable energy sector in Central Asia grows, so does the need for a skilled and inclusive workforce to support it. In response, the OSCE and the Regional Environmental Centre for Central Asia (CAREC) officially launched the OSCE Regional Task Force on Education for Just and Inclusive Energy Transition (RTEET) in Central Asia with a kick-off meeting in Almaty, Kazakhstan, on 22 and 23 May.
    The RTEET initiative brings together key stakeholders from across Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan, including representatives from ministries of energy and education, universities, technical colleges, private sector actors and development partners. Its main goals are to develop pilot curricula in renewable energy and foster long-term collaboration between the education and energy sectors.
    “Education plays a critical role in accelerating the energy transition — but it must be inclusive and adaptable” said Giulia Manconi, Senior Energy Security Adviser at the OSCE. “The OSCE is committed to supporting countries in building the human capital needed for a green and just future. This includes helping to align education systems with evolving energy demands, and empowering women and young professionals in the renewable energy sector”,
    At the two-day meeting, government officials, academic leaders, energy experts, and international partners discussed how renewable energy education can be better aligned with labor market needs, while advancing gender equality and inclusivity within the energy transition.
    Participants also reviewed the preliminary findings of a regional needs assessment conducted by the OSCE, which identified key skill gaps, institutional challenges, and priorities for curriculum development across the five Central Asian countries. The event also included site visits to the scientific laboratories of Kazakh-British Technical University and Satbayev University, where cutting-edge energy technologies were showcased.
    The RTEET initiative will run from March 2025 to May 2026. Major milestones include the development of a regional renewable energy course, pilot implementation in selected institutions, and policy consultations to help mainstream renewable energy education throughout the region.
    The initiative is part of the OSCE extrabudgetary project “Promoting Women’s Economic Empowerment in the Energy Sector in Central Asia”, funded by Austria, France, Germany, Italy, Norway and Poland.
    Further resources, materials, and updates about RTEET will be posted here.

    MIL OSI Europe News

  • MIL-OSI: Results Announcement

    Source: GlobeNewswire (MIL-OSI)

    27 May 2025. The Republic of Iceland (the “Offeror“) announces today the results of its invitation to holders of its €500,000,000 0.625 per cent. Notes due 3 June 2026 (ISIN: XS2182399274) (of which €500,000,000 in aggregate nominal amount is outstanding as at the date hereof) (the “Notes“) to tender their Notes for purchase by the Offeror for cash (such invitation, the “Offer“).

    The Offer was announced on 19 May 2025 and was made on the terms and subject to the conditions contained in the tender offer memorandum dated 19 May 2025 (the “Tender Offer Memorandum“) prepared by the Offeror in connection with the Offer. Capitalised terms used in this announcement but not defined have the meaning given to them in the Tender Offer Memorandum.

    The Expiration Deadline for the Offer was 5.00 p.m. (CEST) on 23 May 2025.

    The Offeror announces today that it has decided to accept all Notes validly tendered pursuant to the Offer and, accordingly, it will accept for purchase €203,709,000 in aggregate nominal amount of the Notes pursuant to the Offer.

    A summary of the final results of the Offer appears below:

    Description of the Notes ISIN /
    Common Code
    Aggregate nominal amount of Notes validly tendered and accepted for purchase 1 Year Euro Mid-Swap Rate Fixed Spread Amount Purchase Price
    €500,000,000 0.625 per cent. Notes due 3 June 2026 XS2182399274/ 218239927 €203,709,000 1.967 per cent. -15 basis points 98.810 per cent.

    The Purchase Price the Offeror will pay for those Notes accepted for purchase pursuant to the Offer is 98.810 per cent. of their nominal amount. The Offeror will also pay an Accrued Interest Payment in respect of such Notes.

    The Tender Offer Settlement Date is expected to be 28 May 2025. Following settlement of the Offer, €296,291,000 in aggregate nominal amount of the Notes will remain outstanding.

    THE DEALER MANAGERS

    Barclays Bank Ireland PLC
    One Molesworth Street
    Dublin 2
    D02 RF29
    Ireland

    Attention: Liability Management Group
    Email: eu.lm@barclays.com

    Citigroup Global Markets Europe AG
    Börsenplatz 9
    60313 Frankfurt am Main
    Germany

    Attention: Liability Management Group
    Telephone: +44 20 7986 8969
    Email: liabilitymanagement.europe@citi.com

    J.P. Morgan SE
    Taunustor 1 (TaunusTurm)
    60310 Frankfurt am Main
    Germany

    Telephone: +44 20 7134 2468
    Attention: EMEA Liability Management Group
    Email: liability_management_emea@jpmorgan.com

    DISCLAIMER

    This announcement must be read in conjunction with the Tender Offer Memorandum.  No offer or invitation to acquire any securities is being made pursuant to this announcement. The distribution of this announcement and the Tender Offer Memorandum in certain jurisdictions may be restricted by law. Persons into whose possession this announcement and/or the Tender Offer Memorandum comes are required by each of the Offeror, the Dealer Managers and the Tender Agent to inform themselves about, and to observe, any such restrictions.

    Attachment

    The MIL Network

  • MIL-OSI Europe: Written question – Local content in the Clean Industrial Deal – E-002005/2025

    Source: European Parliament

    Question for written answer  E-002005/2025
    to the Commission
    Rule 144
    Oihane Agirregoitia Martínez (Renew)

    The European renewable energy industry is facing a structural crisis. While global manufacturing of clean tech components has grown rapidly, European manufacturers are steadily losing market share and competitiveness. Lower-cost imports from Asia and market barriers in the United States are accelerating the decline. Recent months have seen closures and lay-offs across the wind, solar and storage sectors, affecting at least France, Germany, Italy, Denmark, Austria, Spain and Sweden. Meanwhile, non-EU products – mainly from Asia – are increasingly dominating the European market.

    The industry welcomes the Clean Industrial Deal’s inclusion of local manufacturing as a strategic pillar. However, to be effective, measures must be sufficiently broad and impactful. Countries such as the United States, India and Brazil already apply 50-60 % local content requirements across much of the value chain.

    Therefore:

    • 1.What measures will ensure that EU content requirements are broad and effective across the full renewable energy supply chain?
    • 2.Will the Commission consider drawing on current international models, such as those implemented in the United States, India or Brazil?
    • 3.How will local content be defined and monitored to ensure the manufacturing of high-value components in the EU, guaranteeing a true ‘Made in Europe’ approach – not merely ‘Assembled in Europe’?

    Submitted: 20.5.2025

    Last updated: 27 May 2025

    MIL OSI Europe News

  • MIL-OSI United Kingdom: UK announces new action to detect hostile state activity using AI, on visit to the Arctic

    Source: United Kingdom – Executive Government & Departments

    Press release

    UK announces new action to detect hostile state activity using AI, on visit to the Arctic

    The UK is stepping up its efforts to safeguard national security by leveraging AI to detect hostile state activity in the Arctic.

    • UK working with allies to tackle growing threats in the Arctic, and drive forward an ambitious new UK-Norway defence agreement
    • New scheme to improve monitoring capability in High North to detect hostile activity, enshrining the UK’s security – the foundation of the Plan for Change
    • UK sanctions have halted Putin’s plans to station a floating repair dock in the Arctic to service the precious icebreakers fleet.

    The UK is stepping up its efforts to safeguard national security by leveraging AI to detect hostile state activity in the Arctic, the Foreign Secretary will announce during a visit to the Arctic today (27 May 2025).

    As the UK’s two nearest Arctic neighbours and close NATO allies, what happens around Norway and Iceland affects Britain, especially our national security, the foundation of this government’s Plan for Change.

    Foreign Secretary David Lammy will see first-hand how British and Norwegian ships jointly patrol the high seas of the Arctic to detect, deter and manage increasingly sophisticated subsea threats to energy, critical national infrastructure, and security posed by Russia’s Northern Fleet.

    This comes after the Prime Minister visited Norway earlier this month for a meeting of the Joint Expeditionary Force, where he discussed further support for Ukraine with allies from the Baltic and Scandinavian states.

    While in Iceland, the Foreign Secretary will announce a new UK-Iceland scheme to use cutting edge AI technology to monitor hostile activity in the region.

    As global temperatures rise and ice caps continue to melt, previously inaccessible shipping routes are opening up. This is leading to the Arctic becoming an increasingly contested area, with countries looking to exploit new reserves of gas, oil and natural minerals, fuelling security concerns. 

    Areas close to the Arctic are also being used by Russia’s nuclear-powered icebreakers which are crucial to Putin’s High North ambitions, clearing paths for tankers helping fund his illegal war in Ukraine. This threatens maritime security and the environment, as Putin has resorted to using dodgy and decaying vessels which frequently break down increasing the risk of oil spills.

    UK sanctions have helped halt Putin’s plans to station a floating repair dock in the Arctic to service the precious icebreakers fleet.

    A tug boat – the Vengery – had been due to tow the platform, but its journey to the High North has now been halted after being sanctioned last week.

    Foreign Secretary, David Lammy, said:

    The Arctic is becoming an increasingly important frontier for geopolitical competition and trade, and a key flank for European and UK security. 

    We cannot bolster the UK’s defence and deliver the Plan for Change without greater security in the Arctic. This is a region where Russia’s shadowfleet operates, threatening critical infrastructure like undersea cables to the UK and Europe, and helping fund Russia’s aggressive activity.

    It’s more important than ever that we work with our allies in the High North, like Norway and Iceland, to enhance our ability to patrol and protect these waters. That’s why we have today announced new UK funding to work more closely with Iceland, using AI to bolster our ability to monitor and detect hostile state activity in the Arctic.

    Norway has hosted British troops’ Arctic training for more than fifty years. Our long history of defence collaboration is being taken further through a strategic agreement to strengthen both nations’ security.

    David Lammy will be the first Foreign Secretary to travel to one of the Arctic’s northernmost inhabited points when he visits the Archipelago of Svalbard witnessing how UK scientists are collaborating with Norway and partners to tackle climate change which is driving new geo-political challenges and opening new frontiers for state competition.

    Today, this work is being taken further, with new opportunities for early-career researchers on polar research vessels and at Ny Ålesund, where British scientists have been based for over 30 years. £400,000 of UK funding will support work to understand the impact of climate change and how it affects the UK – ensuring we have resilience against its effects. This follows 21 joint research projects made between the UK and Iceland during the past 18 months to strengthen our understanding of the arctic’s future.

    During the visit, the Foreign Secretary will highlight the UK’s role in securing NATO’s northern flank and protecting the region’s critical undersea infrastructure such as cables and pipelines which are crucial for stable energy supplies and telecommunications in the UK.

    Earlier this year the Prime Minister announced the biggest sustained increase in defence spending since the Cold War as a result of the changing global picture, now reaching 2.5% of GDP by April 2027, and with an ambition to reach 3% in the next Parliament subject to economic and fiscal conditions.

    Maritime security and the Arctic also feature in the UK’s ambitious new Security and Defence Partnership with the EU agreed last week, committing to work together to make Europe safer.

    In Iceland, the Foreign Secretary will visit Keflavik Air Base, where RAF jets have supported NATO air policing missions, ensuring the safety and security of Arctic airspace. He will learn how Icelandic scientists are working with their British counterparts to address climate change in vulnerable countries around the world.

    Media enquiries

    Email newsdesk@fcdo.gov.uk

    Telephone 020 7008 3100

    Email the FCDO Newsdesk (monitored 24 hours a day) in the first instance, and we will respond as soon as possible.

    Updates to this page

    Published 27 May 2025

    MIL OSI United Kingdom

  • MIL-OSI Economics: WTO Secretariat briefs members on Agreement on Fisheries Subsidies, Fish Fund

    Source: WTO

    Headline: WTO Secretariat briefs members on Agreement on Fisheries Subsidies, Fish Fund

    WTO Agreement on Fisheries Subsidies
    Opening the information session on 22 May, Deputy Director-General Angela Ellard said: “This session has been organized in response to the calls from many members for collaborative efforts to facilitate the Agreement’s entry into force and support its implementation. The Agreement represents a significant achievement in our global efforts to promote the economic and environmental sustainability of ocean resources. Members’ commitment to ratify and implement this Agreement is crucial for protecting our oceans and supporting those most dependent on marine resources.”
    By adopting the Agreement on Fisheries Subsidies by consensus at the WTO’s 12th Ministerial Conference (MC12) in Geneva in June 2022, ministers set new binding multilateral rules to prohibit subsidies for illegal, unreported and unregulated (IUU) fishing, fishing overfished stocks, and fishing on the unregulated high seas.
    Welcoming the acceptances of the Agreement by Georgia on 19 May and Lesotho on 21 May, DDG Ellard added: “This momentum signals a growing commitment among members to the Agreement.”
    The WTO Ambassador of Barbados, Matthew Wilson, said: “More than 50 African, Caribbean and Pacific (ACP) member states are coastal countries, most of them with very important coastal fishing communities that have been exposed to IUU fishing. ACP economies are the most at risk from illegal fishing, given that they often do not have the capacity to police oceans and waters.” Barbados formally accepted the Agreement on 14 February 2024.
    Malaysia’s WTO Ambassador, Syahril Syazli Ghazali, said: “The Agreement on Fisheries Subsidies supports our national efforts to combat harmful practices, and at the same time provides the extra push for policymakers and stakeholders to accelerate and improve our efforts in sustainable fishing.” He highlighted the importance for governments to find “a balance between economic, social and environmental interests”. Malaysia formally accepted the Agreement on 26 February 2024.
    Sierra Leone’s WTO Ambassador, Lansana Gberie, highlighted the role the Agreement will play in “supporting efforts by the Economic Community of West African States to develop a regional roadmap to modernize fisheries and information-sharing for surveillance and coordination.” However, he underlined that: “Nineteen African countries have accepted this Agreement — this is still very small.” Noting that West Africa loses billions of dollars annually in IUU fishing, Ambassador Gberie stressed that: “IUU fishing is a transparency challenge and it requires a global response.” Sierra Leone formally accepted the Agreement on 19 July 2024.
    Benedicte Fleischer, Special Trade Policy Representative of Norway, talked about the importance of implementing the Agreement’s disciplines, including notifications of subsidy measures, and of development assistance. She said: “Because of our fisheries management measures, which increasingly focus on control and enforcement, Norway is well prepared to ensure the underlying objectives of the Agreement on Fisheries Subsidies are met.” Norway formally accepted the Agreement on 26 February 2024.
    Members welcomed the progress already made in ratifications, and called for further ratifications as soon as possible. The Agreement on Fisheries Subsidies will enter into force upon receipt of formal acceptances from two-thirds of WTO members, representing 111 members. A total of 99 instruments of acceptance has been received so far.
    WTO Fisheries Funding Mechanism
    At MC12, ministers also established the Fisheries Funding Mechanism  to provide technical assistance and capacity-building to help developing economies and least-developed countries (LDCs) that have formally accepted the Agreement to implement the new obligations. It was the focus of the information session for members held on 23 May.
    Commerijn Plomp (Netherlands), Co-Chair of the Fisheries Funding Mechanism Steering Committee, noted that once operational, the Fund will be key to incentivize ratifications from more WTO members, as well as implementation of Agreement’s disciplines. She said: “Wide implementation will be crucial for generating a meaningful impact on our shared oceans.”
    Representing the Steering Committee, Olga Lukashevich (Peru) stressed that: “It is essential to remember that the Fund is conceived as a vehicle to support those that require it in complying with the Agreement’s disciplines, providing tools, knowledge and technical cooperation according to each member’s needs.”
    DDG Ellard concluded the session by recalling that: “With 99 members now having deposited their instruments, we are not only approaching the threshold for the Agreement’s entry into force, but we are within striking distance from launching the first Call for Proposals — as the Steering Committee agreed on 20 May — when we reach 101 deposits. As this moment approaches, it is important that members have a clear picture of the tools available to support implementation.”
    Information about the Agreement on Fisheries Subsidies can be accessed here.
    Information on the Fisheries Funding Mechanism is available here.
    Information for members on how to accept the Protocol of Amendment can be found here.

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    MIL OSI Economics

  • MIL-OSI Europe: Republic of Iceland Repurchases EUR 204 Million of Its 2026 Bonds

    Source: Government of Iceland

    The Republic of Iceland has successfully repurchased, for cancellation, EUR 203.7 million in nominal value of its outstanding 0.625% Eurobonds due 2026 (ISIN: XS2182399274), representing over 40% of the original EUR 500 million issue. The buyback was executed at a price of 98.81%, equivalent to approximately ISK 29 billion.

    The tender offer was launched on Monday, 19 May 2025 and closed at 17:00 BST on Friday, 23 May 2025.

    This transaction is part of the Treasury’s ongoing liquidity and debt management strategy, aimed at reducing near-term refinancing risk and improving the maturity profile of the Government’s debt portfolio. The buyback was financed from proceeds of the new EUR 750 million Eurobond issued earlier last week.

    MIL OSI Europe 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: Republic of Iceland Repurchases EUR 204 Million of Its 2026 Bonds

    Source: GlobeNewswire (MIL-OSI)

    The Republic of Iceland has successfully repurchased, for cancellation, EUR 203.7 million in nominal value of its outstanding 0.625% Eurobonds due 2026 (ISIN: XS2182399274), representing over 40% of the original EUR 500 million issue. The buyback was executed at a price of 98.81%, equivalent to approximately ISK 29 billion.

    The tender offer was launched on Monday, 19 May 2025 and closed at 17:00 BST on Friday, 23 May 2025.

    This transaction is part of the Treasury’s ongoing liquidity and debt management strategy, aimed at reducing near-term refinancing risk and improving the maturity profile of the Government’s debt portfolio. The buyback was financed from proceeds of the new EUR 750 million Eurobond issued earlier last week.

    The MIL Network

  • MIL-OSI: Sydbank A/S share buyback programme: transactions in week 21

    Source: GlobeNewswire (MIL-OSI)

    Company Announcement No 24/2025

    Peberlyk 4
    6200 Aabenraa
    Denmark

    Tel +45 74 37 37 37
    Fax +45 74 37 35 36

    Sydbank A/S
    CVR No DK 12626509, Aabenraa
    sydbank.dk

    26 May 2025  

    Dear Sirs

    Sydbank A/S share buyback programme: transactions in week 21
    On 26 February 2025 Sydbank A/S announced a share buyback programme of DKK 1,350m. The share buyback programme commenced on 3 March 2025 and will be completed by 31 January 2026.

    The purpose of the share buyback programme is to reduce the share capital of Sydbank A/S and the programme is executed in compliance with the provisions of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 and Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016, collectively referred to as the Safe Harbour rules.

    The following transactions have been made under the share buyback programme:

      Number of shares VWAP Gross value (DKK)
    Accumulated, most recent
    Announcement

    831,000

     

    346,542,500.00

    19 May 2025
    20 May 2025
    21 May 2025
    22 May 2025
    23 May 2025
    12,000
    12,000
    12,000
    12,000
    16,000
    438.63
    445.14
    447.06
    442.10
    440.20
    5,263,560.00
    5,341,680.00
    5,364,720.00
    5,305,200.00
    7,043,200.00
    Total over week 21 64,000   28,318,360.00
    Total accumulated during the
    share buyback programme

    895,000

     

    374,860,860.00

    All transactions were made under ISIN DK 0010311471 and effected by Danske Bank A/S on behalf of Sydbank A/S.

    Further information about the transactions, cf Article 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council on market abuse and Commission delegated regulation, is available in the attachment.

    Following the above transactions, Sydbank A/S holds a total of 895,295 own shares, equal to 1.74% of the Bank’s share capital.

    Yours sincerely
            
    Mark Luscombe        Jørn Adam Møller
    CEO        Deputy Group Chief Executive

    Attachment

    The MIL Network

  • MIL-OSI Europe: How to strengthen public safety through community-oriented policing explored at OSCE and UNODC side event

    Source: Organization for Security and Co-operation in Europe – OSCE

    Headline: How to strengthen public safety through community-oriented policing explored at OSCE and UNODC side event

    Participants at a side event on “Building Police-Public Partnerships: Community-Oriented Policing and Community Engagement” organized by the OSCE Transnational Threats Department and the United Nations Office on Drugs and Crime (UNODC), 23 May 2025. (OSCE) Photo details

    Partnerships, crime reduction, and accountability and trust in law enforcement were some of topics in focus at a side event on “Building Police-Public Partnerships: Community-Oriented Policing and Community Engagement” organized by the OSCE Transnational Threats Department and the United Nations Office on Drugs and Crime, Crime Prevention and Criminal Justice Section in Vienna, Austria, on 23 May.
    Criminal justice practitioners, policymakers and civil society representatives gathered to examine the role of community-oriented policing in enhancing public safety and strengthening trust between law enforcement and the communities they serve.
    Panelists shared practical experiences and lessons learned on engaging with communities, strengthening partnerships and achieving more focused and effective policing. They also explored how community-oriented policing can, as a strategic approach to preventing and combatting crime, sustainably transform policing practices through collaboration and shared responsibility for community safety.
    The discussions underscored the importance of multi-stakeholder engagement, such as with civil society, oversight bodies and the media, in putting community-oriented policing into practice. In this context, the OSCE guidebook on Good Practices in Building Police-Public Partnerships (2022) was presented as a key resource, outlining common principles and offering concrete guidance to support the use of these strategies by police, policymakers and community actors.
    Looking to the future, participants recognized the role of community-oriented policing in long-term crime reduction and promoting more effective and accountable law enforcement, with knowledge exchange and dialogue being crucial to advancing these approaches across the OSCE area and beyond.
    The event took place on the margins of the 34th Session of the Commission on Crime Prevention and Criminal Justice (CCPCJ), and was co-sponsored by Finland’s 2025 OSCE Chairpersonship and the United Kingdom Delegation to the OSCE.

    MIL OSI Europe News

  • MIL-OSI Europe: Sweden: EIB finances major expansion of Stockholm metro – one of Europe’s largest urban transport projects

    Source: European Investment Bank

    EIB

    • The European Investment Bank (EIB) is providing approximately 400 million euro in additional financing to the Region of Stockholm and the City of Stockholm.
    • The project, which will affect four municipalities, involves 30 km of new tracks, 18 metro stations, and the expansion of a depot.
    • This is one of the largest metro expansion projects currently underway in Europe.

    The European Investment Bank (EIB) is stepping up its support for a project to expand the Stockholm metro by providing additional loans to the Region of Stockholm and the City of Stockholm. The EIB will provide a total of SEK 4.5 billion in financing, which equates to around €400 million. Including these new loans, the EIB has provided a total of over SEK 12 billion (more than €1 billion) for the project in Sweden’s capital.

    The project to expand the Stockholm metro is one of the largest infrastructure projects in Sweden to have been funded by the European Union and is the largest investment that the EIB has ever made in public transport in Sweden.

    EIB Vice-President Thomas Östros said: “This investment boosts both sustainable mobility and regional development. By providing an additional loan, we are demonstrating our long-term commitment to climate-smart investments in Europe’s growing cities. This project is an excellent example of how EU funding can benefit both people and the climate.”

    The metro project involves three new 30-kilometre sections in the Region of Stockholm, of which 20 kilometres will be in double-track tunnels, as well as 18 new stations. 130 500 housing units will be built along these new sections.

    The project will be implemented in the municipalities of Stockholm, Nacka, Solna and Järfälla. This initiative is essential to provide sustainable and efficient public transport to meet the needs of the growing population. 730 000 people currently use public transport in the county every day.

    Region of Stockholm Director-General Emma Lennartson said: “The EIB’s support is essential for investment in the metro expansion project. Continuing to invest in, and rely on, public transport is an effective way of reducing greenhouse gas emissions in the Region of Stockholm.”

    Lennartson also added:

    “With the City of Stockholm and our other partners in the county, we are working hard to reduce greenhouse gas emissions by 12% every year, which is necessary for the county to do its part to meet the objectives of the Paris Agreement. Investing in the metro will help to increase our chances of reaching carbon neutrality by 2045.”

    The new EIB loan is divided between the two borrowers:

    • SEK 2.5 billion will go to the Region of Stockholm
    • SEK 2 billion will go to the City of Stockholm.

    City of Stockholm Director-General Fredrik Jurdell said: “The EIB’s continued commitment to this financial partnership reaffirms the importance of the metro expansion project for sustainable growth in the capital and the surrounding areas. The new metro meets the needs of future generations in terms of transport and mobility, but also with regard to housing, given that housing units will be built as part of the project.”

    Significant efforts to boost sustainability are at the heart of the project to expand the Stockholm metro. Ceequal, a leading certification system for civil engineering projects, has completed an audit of the project. Several parties involved in the project received the ‘Excellent’ rating – the highest possible rating. This highlights how ambitious the project is with regard to the environment and sustainable development, going beyond legal and sector-specific requirements.

    Background information  

    EIB 

    The European Investment Bank (ElB) is the long-term lending institution of the European Union, owned by its Member States. Built around eight core priorities, we finance investments that contribute to EU policy objectives by bolstering climate action and the environment, digitalisation and technological innovation, security and defence, cohesion, agriculture and bioeconomy, social infrastructure, high-impact investments outside the European Union, and the capital markets union.  

    The EIB Group, which also includes the European Investment Fund (EIF), signed nearly €89 billion in new financing for over 900 high-impact projects in 2024, boosting Europe’s competitiveness and security.  

    All projects financed by the EIB Group are in line with the Paris Climate Agreement, as pledged in our Climate Bank Roadmap. Almost 60% of the EIB Group’s annual financing supports projects directly contributing to climate change mitigation, adaptation, and a healthier environment.  

    Fostering market integration and mobilising investment, the Group supported a record of over €100 billion in new investment for Europe’s energy security in 2024 and mobilised €110 billion in growth capital for startups, scale-ups and European pioneers. Approximately half of the EIB’s financing within the European Union is directed towards cohesion regions, where per capita income is lower than the EU average.

    High-quality, up-to-date photos of our headquarters for media use are available here.

    MIL OSI Europe News

  • MIL-OSI Europe: EIB awards design services contract for West Campus Programme

    Source: European Investment Bank

    The European Investment Bank (EIB) has awarded the contract for design services for its West Campus Programme to a leading multi-national consortium, after a competitive tender process initiated in 2024.

    The selected consortium comprises Assar Universum Architects (Luxembourg), Assar BE Architects (Belgium), Schmidt Hammer Lassen Architects (Denmark), Paul Wurth Geprolux (Luxembourg), Tractebel Engineering (Belgium), Topotek 1 (Germany), and Papaya Urbanistes et Architectes Paysagistes (Luxembourg). Collectively, these firms bring extensive expertise in large-scale building design and renovation, with a particular focus on projects in Luxembourg.

    Under the signed Framework Agreement, the consortium will provide design services for an initial period of eight years, with the possibility of extension for up to three additional years. The agreement is valued at up to EUR 33 million.

    This milestone marks a significant step forward in the EIB West Campus Programme, which aims to renovate and extend the West Building (WKI) while preserving its historic façade. The consortium will be initially responsible for developing the preliminary design, for submission to the EIB’s governing bodies in early 2026.

    Commitment to Sustainability and Inclusion

    Aligned with the EIB’s commitment to sustainability and innovation, the West Campus Programme is designed to create a modern, comfortable, and inclusive work environment for staff and visitors. The project will prioritise climate action, energy efficiency, and circularity, in line with the EIB’s role as the EU Climate Bank. It will also reflect the principles of the New European Bauhaus, integrating sustainability, social inclusion, and aesthetics to deliver a beautiful and future-ready campus.

    MIL OSI Europe News

  • MIL-OSI: Siili Solutions Plc: Decision to Commence Share Buyback Programme

    Source: GlobeNewswire (MIL-OSI)

    Siili Solutions Plc: Decision to Commence Share Buyback Programme

    Siili Solutions Plc Stock Exchange Release 26 May 2025 at 15:30 EEST

    The Board of Directors of Siili Solutions Plc (“Siili” or the “Company”) has resolved to commence the repurchase of the Company’s own shares based on the authorisation granted by the Annual General Meeting held on 8 April 2025. The Company may repurchase a maximum of 31,000 shares in one or several instalments, corresponding to approximately 0.38% of the Company’s total number of shares, which amounts to 8,140,263 shares.

    Based on the closing price on the trading day preceding the date of this release, the maximum total consideration for the repurchase corresponds to approximately 193,000 euros.

    At the time of this release, the Company holds a total of 689 of its own shares.

    The repurchases will be carried out using the Company’s distributable equity. The shares will be acquired through public trading arranged by Nasdaq Helsinki Ltd at the market price prevailing at the time of acquisition.

    The repurchases will be conducted in accordance with Article 5 of the Market Abuse Regulation (EU) No 596/2014 and the Commission Delegated Regulation (EU) 2016/1052.

    The Company has appointed Nordea to execute the repurchases in accordance with applicable price and volume limits and other applicable terms. The Company has the right to discontinue the repurchases at any time. The repurchases will commence no earlier than 1 June 2025 and end no later than 31 July 2025.

    The repurchases will be executed otherwise than in proportion to the holdings of the shareholders. The repurchased shares are intended to be used for fulfilments under Siili’s share-based incentive plans, which constitutes a weighty financial reason for the directed repurchase of own shares.

    The Board of Directors has been authorised to decide on the repurchase of up to 814,000 shares in total. The authorisation is valid until the conclusion of the next Annual General Meeting, however no longer than until 30 June 2026.

    For more information:

    Aleksi Kankainen, CFO
    Phone: +358 40 534 2709 
    Email: aleksi.kankainen(at)siili.com 

    Distribution:
    Nasdaq Helsinki Ltd
    Main media
    www.siili.com/fi

    Siili Solutions in brief:

    Siili Solutions Plc is a forerunner in AI-powered digital development. Siili is the go-to partner for clients seeking growth, efficiency and competitive advantage through digital transformation. Our main markets are Finland, the Netherlands, the United Kingdom, and Germany. Siili Solutions Plc’s shares are listed on the Nasdaq Helsinki Stock Exchange. Siili has grown profitably since its founding in 2005. www.siili.com

    The MIL Network

  • MIL-OSI Economics: Chiara Scotti: From magma to masterpiece – forging the future of cross-border payments

    Source: Bank for International Settlements

    Introduction

    As we gather here in Iceland, its breathtaking landscapes remind us of how beauty is shaped by the earth’s slow but powerful forces. Tectonic plates shift almost imperceptibly – much like the progress we’ve long been seeing in cross-border payments.

    Yet when these plates collide, the impact can also be dramatic – triggering volcanic eruptions, unleashing magma, and causing orogenic changes that reshape the terrain. In the same way, innovation can act as a sudden, transformative force, that can reshape and improve the existing payments ecosystem.

    Innovations in payments have often been associated with technological progress. Major breakthroughs – or ‘eruptions’, to return to my earlier metaphor – have marked turning points reshaping the global payments landscape. Examples include the telegraph enabling wire transfers in the 19th century, electronic fund transfers in the 1970s and internet banking in the 1990s.

    Fast payment systems (FPSs) have emerged as a powerful tool for improving the speed, efficiency and accessibility of domestic payments. However, cross-border transactions still largely depend on the traditional correspondent banking model and continue to record an unsatisfactory performance in terms of transparency, access, speed and cost.

    MIL OSI Economics

  • MIL-OSI Security: NATO Secretary General meets the Prime Minister of Iceland

    Source: NATO

    On Wednesday, 28 May 2025, the NATO Secretary General, Mr Mark Rutte, will receive the Prime Minister of Iceland, Ms Kristrún Frostadóttir, at NATO Headquarters, in Brussels.

    Media advisory

    11:40 (CEST) Joint press conference by the Secretary General and the Prime Minister of Iceland

    Media coverage

    • Media representatives who have annual accreditation to NATO can attend the event in person.
       
    • Media representatives without annual accreditation and who are interested in covering the event should email NatoAccreditations@hq.nato.int. Please note that due to the short time to process applications, ad-hoc accreditation may not be guaranteed.
       
    • The press statements will be streamed live on the NATO website and on X @NATOPress. A transcript of the Secretary General’s remarks, as well as photographs, will be on the NATO website.
       
    • The video can be downloaded from the NATO Multimedia Portal after the event.
       

    For more information:
    For general queries: Contact the NATO Press Office
    Follow us on X: @NATO@SecGenNATO and @NATOPress

    MIL Security OSI

  • MIL-OSI Economics: Adriana D Kugler: Assessing maximum employment

    Source: Bank for International Settlements

    Thank you, Francine, and thank you to the Central Bank of Iceland for the invitation to speak to you today.

    My subject is the Federal Reserve’s mandate of maximum employment. In the Fed’s monetary policymaking, maximum employment and stable prices are linked in the mandate assigned to the Federal Reserve by U.S. law, which we refer to as the dual mandate. Icelanders, I know, are a seafaring people, and those here will understand what I mean when I say that the dual mandate is our “lodestar,” a word our two languages share. It is our goal and our guide in setting monetary policy.

    There is an important distinction between our dual-mandate goals. For reasons that I will explain, while the Federal Open Market Committee (FOMC) has defined “stable prices” as 2 percent annual inflation, such numerical precision is not possible in defining maximum employment.

    To achieve price stability, the Fed adopted a numerical target for inflation in 2012 that hasn’t changed. It has remained unchanged because the Committee has repeatedly reaffirmed the judgment that it made in 2012 that 2 percent inflation is the rate most consistent with its statutory mandate. In contrast, the Federal Reserve has not spelled out a numerical goal for the unemployment rate or some other measure of employment because maximum employment can move up and down over time and is not directly measurable, and also because the different factors that determine it are either difficult or impossible to measure in real time.

    MIL OSI Economics

  • MIL-OSI: Atlantic Petroleum – Result of the Annual General Meeting 23rd May 2025

    Source: GlobeNewswire (MIL-OSI)

    Tórshavn, Faroe Islands, 2025-05-23 (GLOBE NEWSWIRE) — Today P/F Atlantic Petroleum (NASDAQ OMX: ATLA DKK) held the Annual General Meeting in Tórshavn, Faroe Islands.

    • Petur Even Djurhuus was elected Chairman of the Meeting.
    • The Chairman of the Board presented the Board of Director’s and management’s statement of the Company’s activity during 2024.
    • The audited Annual Accounts were presented and approved by the General Meeting.
    • The General Meeting approved the remuneration to the Board in A: 2024 and B: 2025.
    • It was decided to carry forward the result from 2024 to the next year.
    • According to the Articles of Association all Members of the Board are up for election for a period of one year, namely: Ben Arabo, Mourits Joensen and Mark T. Højgaard. The board proposed for the election as board members: Ben Arabo, Mourits Joensen and Mark T. Højgaard. The General Meeting elected the board members proposed by the Board.
    • As proposed it was decided to elect P/F Januar løggilt grannskoðaravirki, Óðinshædd 13, 100 Tórshavn, as auditors, for the period until the next Annual General Meeting.

    The Board constituted itself with Ben Arabo as Chairman and Mourits Joensen as Deputy Chairman.

    Further Details:

    Further details can be obtained from Mark T. Højgaard, (markh@petroleum.fo). This announcement will be available, together with other information about Atlantic Petroleum, on the Company’s website: www.petroleum.fo.

    Announcement no.6/2025

    Issued 23-05-2025

    P/F Atlantic Petroleum
    Lucas Debesargøta 8
    P.O. Box 1228
    FO-110 Tórshavn
    Faroe Islands

    Website: www.petroleum.fo

    The MIL Network

  • MIL-OSI: Talkdesk selected by Cegeka to modernize customer experience

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif. and HASSELT, Belgium, May 23, 2025 (GLOBE NEWSWIRE) — Talkdesk®, Inc., a global provider of artificial intelligence (AI)-powered customer experience (CX) technology that serves enterprises of all sizes, today announced that Cegeka, a leading global IT solutions provider, has selected Talkdesk to modernize its customer experience. By adopting the Talkdesk cloud-native and AI-driven platform, Cegeka aims to enhance customer engagement and deliver consistent, high-quality support across multiple channels. Talkdesk was selected for its omnichannel capabilities, user-friendly interface for its service desk agents, and advanced AI tools designed to streamline workflows and address diverse customer needs.

    As part of the partnership, Talkdesk will provide Cegeka with a range of solutions from the Talkdesk CX Cloud™ suite. These capabilities include text-to-speech and speech-to-text, as well as live chat and voice bots, adding new channels for real-time support. Additionally, Talkdesk CX Analytics extracts valuable insights from customer conversations so Cegeka can continuously improve its customer service.

    Talkdesk’s ongoing track record of innovating and introducing cutting-edge AI solutions to its platforms was a significant reason for Cegeka’s decision. Cegeka recognized how Talkdesk can help the organization seamlessly integrate AI into its customer service, minimizing response times and reducing average handle time (AHT). Among its many capabilities, Talkdesk Ascend AI enables businesses to automatically identify frequently asked questions (FAQs) and create consistent, fast responses to recurring issues. It also detects intent during conversations to improve agent responsiveness and service quality.

    “Partnering with Talkdesk has supported our efforts to modernize customer experience at Cegeka,” said Luc Dedroog, vice president of digital workplace at Cegeka. “The platform offers flexibility and simplicity, which has helped streamline service for both our customers and service desk agents. We expect to see improvements in customer satisfaction from our initial deployments and look forward to exploring the potential of Talkdesk’s AI capabilities moving forward.”

    Ease of deployment and use was another deciding factor in Cegeka’s choice to implement Talkdesk solutions. Talkdesk CX Cloud has a user-friendly interface and provides seamless integrations with the third-party systems Cegeka uses. The Microsoft Teams Connector integrates its communications solutions, and Talkdesk BYOC (Bring Your Own Carrier) facilitates easy integration with Cegeka’s existing telephony provider to maintain its current customer service phone numbers—making Talkdesk solutions seamless to implement and deploy and putting all information easily at agents’ fingertips. Additionally, the Quobis app will enable internet-based calling and efficiently route conversations to the appropriate groups, without the need for manual routing.

    “Talkdesk looks forward to empowering Cegeka to deliver an enhanced customer experience through our innovative and comprehensive solutions,” said Tiago Paiva, chief executive officer and founder at Talkdesk. “Supporting Cegeka on its customer experience transformation journey is an honor.”

    About Talkdesk

    Talkdesk® is on a mission to rid the world of bad customer experience. With our cloud-native, generative AI-powered CX platform, purpose-built industry solutions, and extensible AI offerings, we empower enterprises in the cloud and on-premises to deliver exceptional customer experiences that make them more competitive, grow revenue, reduce costs, and provide operational efficiencies. With specialized workflows and integrations delivered out of the box for our Industry Experience Clouds, Talkdesk accelerates value for our customers faster and more simply than legacy or one-size-fits-all solutions.

    Partnering with enterprises globally, we deliver continuous innovation and breakthrough results. Our commitment to reliability and security, paired with our track record of delivering on promises, sets us apart in the industry. Elevate customer experiences, streamline operations, and increase revenue with Talkdesk. Companies that love their customers use Talkdesk.

    Talkdesk is a registered trademark of Talkdesk, Inc. All product and company names are trademarks™ or registered® trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.

    About Cegeka

    At Cegeka, we believe in shaping digital together. We don’t just deliver technology — we work shoulder to shoulder with our clients to design, build, and run resilient digital solutions that drive impact where and when it matters most.

    Our broad portfolio spans application services, business solutions, quality engineering, data & AI, digital workplaces, cyber resilience, networking & regulatory services, and hybrid cloud. With a strong focus on craftsmanship, we expertly manage legacy systems while accelerating modernization and innovation.

    Cegeka has a global presence with offices in the Benelux, Germany, Austria, Romania, Moldova, Italy, Sweden, Greece, Denmark, France, the United Kingdom, the United States, Colombia, and India. With over 10,000 employees, the company achieved a consolidated revenue of €1.3 billion in 2024.

    Founded in 1992 by André Knaepen — who currently serves as chairman of the board — Cegeka is a family-owned company headquartered in Hasselt, Belgium, and led by CEO Stijn Bijnens.

    Media Contact:
    Talkdesk Public Relations
    pr@talkdesk.com

    The MIL Network

  • MIL-OSI Security: IAEA Concludes Long Term Operation Safety Review of Slovenia’s Krško Nuclear Power Plant

    Source: International Atomic Energy Agency – IAEA

    An International Atomic Energy Agency (IAEA) team of experts yesterday completed a review of long term operational safety of the Krško Nuclear Power Plant (NPP) in Slovenia.

    The Safety Aspects of Long Term Operation (SALTO) review mission was requested by the plant’s operator, Nuklearna Elektrarna Krško (NEK). Krško NPP started commercial operation in 1983. It is the only reactor in Slovenia and is co-owned with neighbouring Croatia. Located approximately 70 kilometers east of Slovenia’s capital Ljubljana, and 40 kilometres north-west of Croatia’s capital Zagreb, Krško NPP is equipped with one pressurized-water reactor and has a net electrical output of 700 Megawatt electric (MW(e)). In 2023, the operating license of the NPP was extended from initially 40 years to 60 years until 2043.

    During the ten-day mission that ended on 22 May, the team reviewed the plant’s preparedness, organization and programmes for safe long term operation, which built upon an initial IAEA pre-SALTO mission held at the plant in 2021. The mission was conducted by a twelve-person team consisting of experts from Canada, the Czech Republic, France, Hungary, three IAEA staff members and four observers from France, Hungary, Sweden, and the Nuclear Energy Agency. During the review, the SALTO team held in-depth discussions with staff from the Krško NPP and conducted several site walkdowns.    

    The team noted the progress in measures taken by the operator to ensure safe LTO. “The professionalism, openness and receptiveness for improvements of plant staff to meet and move beyond the IAEA safety standards is commendable,” said team leader and IAEA Nuclear Safety Officer Martin Marchena who noted that most ageing management and LTO activities were already in alignment with IAEA safety standards. “We encourage the plant to address the review findings and proceed with the implementation of all remaining activities for safe LTO”, he added.

    The team identified good performances that will be shared with the nuclear industry globally, including:

    • Operating a 360-degree “Virtual Walkdown” application that allows staff to visually evaluate equipment through photos and associated design and maintenance data in support of ageing management activities.
    • The comprehensive establishment, documentation and revalidation of the equipment qualification programme for LTO, which ensures that components can perform their intended safety functions under all conditions.
    • Ageing management activities for the reactor pressure vessel are well-established and form a well-structured and comprehensive programme.

    The team also provided suggestions to further improve safe LTO, for example:

    • The plant should consider further developing a systematic approach for the oversight of the LTO programme.
    • The plant should consider adequately documenting the methodology and results used for scope setting (the identification of relevant systems, structures and components) for ageing management.
    • The plant should consider completing and fully documenting ageing management of electrical and instrumentation and control systems, structures and components (I&C SSCs).

    The plant management expressed a determination to maintain the level of preparedness for safe LTO and further cooperate with the IAEA in this field.

    “We appreciate the IAEA’s support to our plant in ageing management and preparation for safe LTO,” said Gorazd Pfeifer, President of the Krško management Board.  “It is very important for us to get an external view on our business. The competencies and experience of the IAEA team enable us to effectively identify areas for improvement.  The results of this mission will help us to improve our activities for safe LTO and to further align them with IAEA safety standards.”

    The team provided a draft report to the plant management and to the Slovenian Nuclear Safety Administration (SNSA), the country’s nuclear regulatory authority, at the end of the mission. The plant management and SNSA will have an opportunity to make factual comments on the draft. A final report will be submitted to the plant management, SNSA and the Slovenian Government within three months.

    Background

    General information about SALTO missions can be found on the IAEA Website. A SALTO peer review is a comprehensive safety review addressing strategy and key elements for the safe long term operation of nuclear power plants. They complement OSART missions, which are designed as a review of programmes and activities essential to operational safety. Neither SALTO nor OSART reviews are regulatory inspections, nor are they design reviews or substitutes for an exhaustive assessment of a plant’s overall safety status.

    LTO of nuclear power plants is defined as operation beyond an established time frame determined by the license term, the original plant design, relevant standards, or national regulations. As stated in IAEA safety standards, to maintain a plant’s fitness for service, consideration should be given to life limiting processes and features of systems, structures, and components (SSC), as well as to reasonably practicable safety upgrades to enhance the safety of the plant to a level approaching that of modern plants.

    MIL Security OSI

  • MIL-OSI United Kingdom: University hosts World Energy Business Schools (WEBS) Conference 2025 On 22 May 2025, the University of Aberdeen hosted the second World Energy Business Schools (WEBS) Conference, reaffirming its commitment to global collaboration on energy and sustainability challenges.

    Source: University of Aberdeen

    On 22 May 2025, the University of Aberdeen hosted the second World Energy Business Schools (WEBS) Conference, reaffirming its commitment to global collaboration on energy and sustainability challenges.
    Building on the success of the inaugural event in 2024, this year’s conference – entitled ‘Strengthening Global Ties for a Sustainable Future’ – brought together academics from across Europe and Australia to share research and foster partnerships aimed at advancing the energy transition.
    While the first conference laid the groundwork for collaboration between the University of Aberdeen, Curtin University (Australia), and the University of Calgary (Canada), the 2025 event expanded the network, drawing participation from seven universities:

    University of Aberdeen, Scotland
    University of Dundee, Scotland
    Curtin University, Australia
    University of Insubria, Italy
    University of Southern Denmark
    University of Groningen, Netherlands
    University of Stavanger, Norway

    This broader engagement marks a significant step in the evolution of the WEBS initiative, reinforcing its potential as a platform for international cooperation in research and education on energy and sustainability.
    Although held primarily online, the event also welcomed in-person attendees at the Sir Duncan Rice Library in Aberdeen, with School Director of Research, Professor Keith Bender, serving as host. The one-day conference featured a full schedule of presentations grouped around four key thematic areas:

    Sustainable Workers and Firms
    Public and Private Environmental Policy
    Energy Transitions
    Finance and Policy in Sustainable and Circular Economies

    Presentations addressed diverse topics, ranging from workforce sustainability and peer effects in low-carbon housing adoption, to friend-shoring, circular economy challenges and financial risks in the context of climate change. A highlight of the day included cross-national insights into renewable energy governance, corporate sustainability, and collaborative consumption strategies in business-to-business networks.
    The WEBS 2025 Conference underscored the value of sustained dialogue among business schools in energy-active regions. As global energy systems evolve, the WEBS network provides a forum for collaborative research, joint funding bids and PhD training opportunities.
    With two successful conferences now completed, the WEBS initiative is poised to become a leading academic network driving forward interdisciplinary insights and policy-relevant research on the future of energy.
    The Business School at the University of Aberdeen looks forward to continuing this important collaboration in the years ahead. Academics, researchers, and graduate students interested in energy, sustainability, and global collaboration are encouraged to engage with the WEBS network.
    Whether through joint research projects, future conference participation, or knowledge exchange, WEBS offers a growing platform for impactful interdisciplinary work. For further information or to express interest in future events, please contact the Business School at bs-research@abdn.ac.uk.

    MIL OSI United Kingdom

  • MIL-OSI Global: What action can Israel’s allies take over its expansion of military operations in Gaza?

    Source: The Conversation – UK – By Catherine Gegout, Associate Professor in International Relations, University of Nottingham

    The British, French and Canadian leaders issued a joint statement on May 19 in which they condemned Israel’s “egregious actions” in Gaza, warning that concrete action could follow if it does not stop its military offensive. They said an 11-week blockade on humanitarian aid reaching the territory had led to an “intolerable” level of human suffering.

    Israel’s prime minister, Benjamin Netanyahu – who the International Criminal Court (ICC) alleges is responsible for war crimes in Gaza – responded angrily. He accused the leaders in London, Ottawa and Paris of offering Hamas a “huge prize” for its October 7 attack on Israel.

    This drew a rebuttal from the British foreign secretary, David Lammy, who declared that “opposing the expansion of a war that’s killed thousands of children is not rewarding Hamas”. So, what action can Israel’s western allies take over its offensive in Gaza?

    The most realistic option is probably the recognition of Palestinian statehood. The Netanyahu government has expressed fierce opposition to the establishment of a Palestinian state, saying recently it would be a “win for terrorism”.


    Get your news from actual experts, straight to your inbox. Sign up to our daily newsletter to receive all The Conversation UK’s latest coverage of news and research, from politics and business to the arts and sciences.


    But this recognition would send a strong message of support for a two-state solution, which most of the world has long seen as the only way to end the Palestinian-Israeli conflict. And the UK, along with Canada, has said it is joining a French initiative to recognise Palestine as a state at a June conference in New York, organised to advance a two-state solution.

    By doing so, the UK, France and Canada would join 160 states that already recognise Palestine. These include 11 states in the EU: Bulgaria, Cyprus, the Czech Republic, Hungary, Ireland, Poland, Romania, Slovakia, Slovenia, Spain and Sweden.

    Stop selling arms

    Another option is for western states to stop selling arms to Israel. France has done this already. And the British government partially suspended arms exports to Israel in September 2024 over concerns they could be used unlawfully in Gaza.

    However, in the three months that followed, the government reportedly approved US$169 million (£126 million) worth of military equipment to Israel. This is more than the total amount it approved between 2020 and 2023.

    The UK maintains that its “exports of military goods to Israel are low”, and the same is true for Canada. The UK and Canada together provide less than 1% of the annual value of Israel’s military imports. But a full suspension would be a major political statement, demonstrating diminishing international support for Israel’s military offensive in Gaza.

    For a total ban to have any effect on the Israeli military’s operations, it needs to be complemented by similar action from more significant arms providers. Germany, for instance, accounted for 30% of Israel’s arms imports between 2019 and 2023.

    The UK and Canada are also part of the global F-35 jet fighter programme, with the UK alone supplying 15% of the value of each jet. F-35 jets play a key role in Israel’s military operations in Gaza. But stopping British-made parts for F-35s from being supplied to Israel is unlikely.

    It would involve pulling out of the entire programme, which the government says is crucial for international security. However, given the High Court is hearing a case that alleges the sale of components for F-35s indirectly to Israel breaks domestic and international law, its stance could change.

    Western countries could also suspend their trade with Israel. The EU accounts for almost 30% of Israeli exports, with a similar amount of Israeli imports coming from the EU. The UK is the 11th-largest importer of Israeli goods.

    This option would have a significant impact on Israel’s economy, and is being considered by both the UK and EU. On May 20, Lammy announced the suspension of negotiations over a new free trade deal between the UK and Israel. And the EU has said it will review its trade association deal with Israel, after 17 of the bloc’s 27 foreign ministers backed the move.

    A complete suspension of the EU’s trade agreement with Israel would require unanimity, so it is unlikely. But a partial suspension is possible, as this would only require at least 55% of member states to vote in favour.

    Sanction Israeli settlers

    One more option is the expansion – and coordination – of efforts to sanction Israeli nationals who promote violence against Palestinians. In 2024, France, Canada and the EU imposed financial sanctions and travel bans against extremist Israeli settlers who had been found guilty of using violence against Palestinian civilians in the West Bank.

    The UK has now taken a similar approach, introducing sanctions on several individuals and entities involved in the Israeli settler movement. This includes prominent Israeli settler Daniella Weiss, who featured in Louis Theroux’s recent documentary, The Settlers. Weiss has dismissed the sanctions, saying they will not affect her or the broader settler movement.

    Britain’s government is also reportedly considering sanctions against Israel’s finance minister, Bezalel Smotrich, and national security minister Itamar Ben-Gvir. Lammy referred to Smotrich’s recent comments that the Israeli military offensive will be “destroying everything that’s left” of Gaza as “monstrous”.

    Sanctions could, in theory, be complemented by bans on the import of goods from Israeli settlements. Israel’s finance ministry says that 2.5% of the country’s agricultural exports and 1.5% of industrial exports to the EU originate in settlements.

    This type of ban would be difficult for France to introduce due to EU law, but it might not be impossible. Ireland is also trying to ban the trade of goods from such settlements.

    Above all, Israel’s allies should step up their efforts to respect international law. In November 2024, the ICC issued an arrest warrant for Netanyahu over alleged war crimes relating to the Gaza war.

    The UK and Canada have said they would arrest Netanyahu if he travels to either country – and they could apply pressure on France to join them. France has not said whether it would arrest Netanyahu if he sets foot on French territory.

    The humanitarian situation in Gaza is likely to worsen over the coming weeks and months. If Israel’s western allies want to use their influence to force the Israeli government to end the conflict, now is the time.

    Catherine Gegout 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 action can Israel’s allies take over its expansion of military operations in Gaza? – https://theconversation.com/what-action-can-israels-allies-take-over-its-expansion-of-military-operations-in-gaza-257154

    MIL OSI – Global Reports

  • MIL-OSI Europe: Written question – Countering the instrumentalisation of migration – legal framework – E-001941/2025

    Source: European Parliament

    Question for written answer  E-001941/2025
    to the Commission
    Rule 144
    Mariusz Kamiński (ECR)

    State actors are exploiting migrants to artificially create migratory pressure as a tool to achieve political goals and for destabilisation. Migratory pressure has been used in this way at the EU’s external borders in Greece and Spain. However, it is the EU’s eastern border that has borne the brunt of this phenomenon; Moscow and Minsk have been instrumentalising migrants – with no regard for the humanitarian cost – in order to achieve geopolitical goals. While Poland, the Baltic States and Finland have been decisive in their response to this situation, the EU’s response has been, and continues to be, delayed and inadequate considering the scale of the threat.

    I am certain that Regulation (EU) 2024/1359[1], adopted a year ago, as well as the amendments to Regulation (EU) 2016/399 that are already in force[2] and the communication published in December 2024[3] will do little to discourage Minsk and Moscow from continuing to engage in this kind of hybrid warfare. This is evidenced not least by the agreement Belarus has signed with Pakistan[4], as well as the latest wave of attacks on the Polish Border Guard[5]. Against this backdrop, it is concerning that, in February, the Commission’s 2025 work programme announced the withdrawal of its proposal for Regulation 2021/0427(COD) on addressing situations of instrumentalisation[6]. As a Parliament rapporteur, my view is that the original draft was outdated and failed to meet expectations. No comprehensive alternative was provided for the withdrawn draft. It is particularly worrying that the instrumentalisation of migration was omitted from the proposal for Directive 2023/0439(COD)[7], as recognised by the Council[8].

    • 1.Has the Commission consulted the countries that have been the target of instrumentalised migration, and does it consider the legal framework for countering this phenomenon to be adequate?
    • 2.Why has the Commission omitted the issue of instrumentalisation from the proposal for Directive 2023/0439(COD)?

    Submitted: 14.5.2025

    • [1] https://eur-lex.europa.eu/eli/reg/2024/1359/oj/eng
    • [2] https://eur-lex.europa.eu/eli/reg/2016/399/oj/eng
    • [3] https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A52024DC0570
    • [4] https://www.rferl.org/a/lukashenka-belarus-pakistan-migrants-eu/33382244.html
    • [5] https://wpolityce.pl/kraj/726559-atak-migrantow-na-straz-graniczna-wsrod-nich-bialorusin
    • [6] https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:52021PC0890
    • [7] https://eur-lex.europa.eu/procedure/EN/2023_439
    • [8] https://data.consilium.europa.eu/doc/document/ST-15916-2024-REV-1/en/pdf
    Last updated: 23 May 2025

    MIL OSI Europe News

  • MIL-OSI Canada: Prime Minister Carney speaks with Prime Minister of Norway Jonas Gahr Støre

    Source: Government of Canada – Prime Minister

    Today, the Prime Minister, Mark Carney, spoke with the Prime Minister of Norway, Jonas Gahr Støre.

    Prime Minister Støre congratulated Prime Minister Carney on his election. The prime ministers discussed deepening trade, commercial, and defence partnerships, including on transatlantic and Arctic security. They also reaffirmed their support for a just and lasting peace in Ukraine that respects its sovereignty and territorial integrity.

    The leaders agreed to remain in close contact.

    Associated Link

    MIL OSI Canada News

  • MIL-OSI Security: IAEA Finds Commitment to Operational Safety at Borssele Nuclear Power Plant in the Netherlands

    Source: International Atomic Energy Agency – IAEA

    An International Atomic Energy Agency (IAEA) team of experts said the operator of the Borssele Nuclear Power Plant (NPP) in the Kingdom of the Netherlands demonstrates a commitment to its operational safety. The team encouraged the plant to continue its operational safety improvement initiatives.

    The Operational Safety Review Team (OSART) mission, conducted at the request of the Netherlands, took place from 19 to 23 May. This was a follow-up mission to a 2023 OSART peer review mission to Borssele NPP, which also found the plant to be committed to ensuring operational safety and reliability.

    OSART missions independently assess safety performance against IAEA safety standards. The aim is to advance operational safety by proposing recommendations and, where appropriate, suggestions for improvement.

    Borssele NPP is located on the country’s coast – roughly 165 kilometres south of Amsterdam. Operated by Elektriciteits-Produktiemaatschappij Zuid-Nederland (EPZ) with a net electrical output of 482 MW(e), the plant is a single unit pressurized water reactor. Of the total electricity generation in the country, Borssele NPP contributes 3.2% and was put into commercial operation in 1973. The plant had previously received approval to extend the operational period to 2033, and the plant’s intention – as requested by the Dutch government – is to extend the operation until 2054.

    The mission was conducted by a four-person team consisting of experts from Slovakia and Sweden and two IAEA staff members. The team held discussions with staff from the Borssele NPP and conducted site walkdowns during the review. 

    “The plant has already implemented many actions to enhance worker engagement in safety-related initiatives to achieve excellence in operational performance,” said team leader Yury Martynenko, Senior Nuclear Safety Officer at the IAEA. “We recognize the plant’s defined new actions to continue the way towards a culture of continuous improvement.”

    The team observed that several findings from the 2023 mission were fully addressed and resolved, including:

    • The plant leadership enhanced the engagement of workers through initiatives to achieve excellence in operational performance.
    • The plant promoted the use of operator-supportive aids to prevent the use of non-authorized operating material.
    • The plant improved arrangements to timely address improper behaviours and resolve radiological field deficiencies to ensure these are addressed in a timely manner.

    The team noted areas where satisfactory progress was made, but further efforts are required by the plant to fully implement some actions drawn up after the 2023 mission, including:

    • Strengthening its programmes for system health monitoring and obsolescence to minimize the potential risk of degradation of plant systems and components;
    • Improving the plant’s provisions for protective actions in case of an emergency to ensure timely and efficient emergency response; and,
    • Strengthening the radiation protection practices for contamination control, dose planning and the control of radioactive sources to ensure that the requirements of the radiation protection programme are fully met.

    “I am very pleased with the result and especially the way in which this has been achieved with a lot of engagement of our employees across the whole organization,” said Carlo Wolters, Chief Executive Officer of EPZ. “EPZ is very committed to continue the improvement journey to achieve the highest level of excellence in safe and reliable operations of the power plant.”

    The OSART team provided a draft report of the mission to the plant management. They will have the opportunity to make factual comments on the draft. These comments will be reviewed by the IAEA, and the final report will be submitted to the Netherlands within three months.

    Background

    General information about OSART missions can be found on the IAEA website. An OSART mission is designed as a review of programmes and activities essential to operational safety. It is not a regulatory inspection, nor is it a design review or a substitute for an exhaustive assessment of the plant’s overall safety status.

    Follow-up missions are standard components of the OSART programme and are typically conducted within two years of the initial mission.

    The IAEA Safety Standards provide a robust framework of fundamental principles, requirements, and guidance to ensure safety. They reflect an international consensus and serve as a global reference for protecting people and the environment from the harmful effects of ionizing radiation.

    MIL Security OSI

  • MIL-OSI NGOs: Norway/OPT: Divesting pension fund a crucial step towards dismantling Israel’s unlawful occupation

    Source: Amnesty International –

    Ahead of the May 27 conclusion of the Norwegian parliamentary review into a proposal to divest The Government Pension Fund from companies unlawfully operating in the Occupied Palestinian Territory (OPT), Agnès Callamard, Secretary General of Amnesty International said:

    “Norway’s Government Pension Fund is the largest sovereign wealth fund in the world. The Norwegian government should divest its pension fund from any companies found to be involved in maintaining Israel’s unlawful occupation in the OPT. It should also engage in rigorous screening of all investments, in line with international business and human rights standards. Divestment would chart a new human rights course.

    “After 58 years of brutal military occupation, it is unjust that the Norwegian Pension Fund is benefiting from investments in companies profiting from Israel’s grave violations of Palestinians’ rights.  Amnesty International has documented the commission, over decades, of war crimes in the Occupied Palestinian Territories.

    “Furthermore, Amnesty International and many other human rights organizations and UN bodies, have provided abundant evidence of Israel’s ongoing genocide in the occupied Gaza Strip. Any companies unlawfully operating in the OPT risk reinforcing, normalizing and sustaining one of the world’s longest and deadliest military occupations.

    “States must ensure that their sovereign wealth funds are not contributing to or profiting from Israel’s unlawful occupation, its system of apartheid, or the genocide in Gaza. Under international law, as reflected in the Advisory Opinion of the International Court of Justice in July 2024, states are under an obligation to take steps to prevent trade or investment relations that assist in maintaining the unlawful occupation and illegal settlements.

    “Israel’s genocide in Gaza is simultaneously unbearable and undeniable as are its cruel system of apartheid and unlawful occupation. As European governments are finally compelled to live up to their commitments, they must move from words to action. There is no time to lose, every delay costs human lives in Gaza and emboldens Israel to commit further atrocity crimes throughout the OPT.”

    Background

    The Norwegian Government Pension Fund Global is the world’s largest government owned investment fund. Worth $1.8 trillion, the Norwegian fund has been an international leader in the environmental, social and governance investment field.

    Norges Bank, the state-owned financial institution that manages Norway’s Government Pension Fund has a responsibility to respect human rights as reflected in the UN Guiding Principles on Business and Human Rights. The UN Office of the High Commissioner for Human Rights (OHCHR) has determined that investors’ operations, including that of minority shareholders such as Norges Bank, are directly linked to their investee companies’ involvement in human rights abuses and, therefore, that they have a responsibility to seek to prevent that involvement.

    This requires conducting human rights due diligence to ensure that all the companies invested in by the pension fund do not cause or contribute to violations of international law and, where it finds they do and yet is unable to exercise leverage to prevent their unlawful activity, to responsibly divest its funds from those companies.

    The obligation to prevent trade or investment relations that assist in maintaining the unlawful occupation and illegal settlements arises from states’ duty to ensure respect for international humanitarian law. This includes the duty to cooperate to bring to an end through lawful means serious breaches of international law; the duty to not recognize as lawful the situation created by such breaches; and the duty to not render aid or assistance in maintaining that situation.   States also have an obligation to prevent genocide.

    The Fund is currently invested in several companies listed in the UN database of businesses involved in the unlawful occupation of Palestine. This starkly exposes the shortcomings of the Fund’s current ethical framework, risking financially contributing to violations of international law, including the unlawful occupation of Palestine. Amnesty International has also documented the role of several of the companies under scrutiny.

    Earlier this month, Amnesty Norway and 49 Norwegian organizations demanded action in a joint letter to the Ministry of Finance. 

    Last year the International Court of Justice confirmed that Israel has a legal obligation to end its unlawful occupation of the OPT and its systemic discrimination against the occupied Palestinian population. As a result of a UNGA resolution, in September 2024, Israel was given 12 months to withdraw from the OPT and third states must cooperate to make this happen.

    MIL OSI NGO

  • MIL-OSI United Kingdom: British firepower deployed on NATO’s eastern flank in show of force

    Source: United Kingdom – Executive Government & Departments

    Press release

    British firepower deployed on NATO’s eastern flank in show of force

    UK shores up NATO’s eastern flank with deployment to Finland.

    Credit: Finnish Defence Forces

    Hundreds of UK military personnel deployed to NATO’s eastern flank to add critical firepower to a major NATO exercise in Northern Finland. 

    Exercise Northern Strike will see the UK Armed Forces join thousands of personnel from Finland and Sweden, NATO’s two newest Allies. The show of force and firepower reinforces the Alliance’s readiness, capability, and commitment to defend every inch of NATO territory. This is the latest demonstration of strong collaboration between the UK and our international partners as set out in the government’s Plan for Change.

    New British Army AH64E Apache attack helicopters will fire Hellfire missiles and 30mm guns simulating close support to allied combat forces on the ground, including British Army infantry units. 

    Bringing their cutting-edge rocket systems to the battlefield, The British Army’s 3rd Regiment Royal Horse Artillery will fire their Multiple Launch Rocket System (MLRS) throughout and put their troops to the test during a field training exercise. MLRS has been proven in battle in the war in Ukraine and this will be the first time the British Army fire the system on European soil alongside AH64E Apache helicopters. 

    Minister for the Armed Forces, Luke Pollard MP, said :

    Exercise Northern Strike demonstrates our unshakeable commitment to NATO and highlights the key capabilities the UK brings to the Alliance. This government’s commitment to increasing defence spending to 2.5% of GDP from April 2027 ensures the UK’s strength and leadership.

    From the skies over Poland, to the northern reaches of Finland, the UK is standing shoulder to shoulder with our allies in leading the way in defending NATO’s eastern flank. Working with our international partners is at the core of this government’s Plan for Change.

    Deepening partnerships with key Allies across the exercise is a key part of this Government’s NATO first policy, to ensure the UK is secure at home and strong abroad. Strengthening NATO by showcasing our capabilities and increasing interoperability assures our allies and deters our adversaries. 

    Exercise Northern Strike is part of a wider operation to secure NATO’s eastern flank; Operation RAZOREDGE. RAZOREDGE is made up of 13 exercises involving 13 NATO allies across 6 countries. The UK has contributed assets across air, land and sea with over 6,000 UK personnel taking part alongside 16,500 allied troops. 

    Operated by 4 Regiment, Army Air Corps, the Apache Helicopters also support jobs across the country at the Army Aviation Centre in Hampshire and Suffolk. UK industry also plays a key role with 75 British companies, including 33 SMEs also contributing a range of critical components to the aircraft.   

    Keeping the country safe is the Government’s first priority, and an integral part of its Plan for Change. The work of the Royal Navy, British Army, and Royal Air Force, is critical to the security and stability of the UK, supporting all of the Government’s five missions in its plan.

    Updates to this page

    Published 24 May 2025

    MIL OSI United Kingdom

  • MIL-OSI Europe: Poland: EIB extends €700 million for development of two major new offshore wind farms

    Source: European Investment Bank

    EIB

    • European Investment Bank is the largest lender by far to Bałtyk 2 and Bałtyk 3 offshore wind farms developed by Norway’s Equinor and Poland’s Polenergia.
    • The two large-scale farms in the Baltic Sea will produce enough energy to power two million homes.
    • Third major renewables investment in Poland this year highlights the EU climate bank’s leading role in driving energy transition.

    The European Investment Bank (EIB) signed an agreement to provide €700 million for the construction of two large-scale offshore wind farms developed by Norway’s Equinor and Poland’s Polenergia off the Polish coast of the Baltic Sea. The twin Bałtyk 2 and Baltyk 3 wind farms will have a shared capacity of 1.44 GW and are expected to go online fully in 2028.

    “Bałtyk 2 and Bałtyk 3 are important projects for Poland’s decarbonisation plans as they will produce enough clean electricity to meet annual demand of two million households. The European Investment Bank has provided €350 million for each wind farm, which makes us the biggest lender by far among some 30 financial institutions involved,” said EIB Vice-President Teresa Czerwińska. “This is the EIB’s third major renewables investment in Poland only this year and our third financing for Polish offshore wind farms in the Baltic Sea in general, which highlights our dedication to developing green energy in Poland as a prerequisite for both economic competitiveness and security.”

    Located some 30 kilometres off the Polish coastal towns of Ustka and Łeba, the two fixed-bottom wind farms will consist of a hundred wind turbines of 14.4 MW each. Primarily supplied by European companies, the joint venture between Equinor, a leading international player in the offshore wind sector, and Poland’s largest private energy group Polenergia will also contribute to modern development of the EU’s cohesion regions.

    Background information  

    EIB  
    The European Investment Bank (ElB) is the long-term lending institution of the European Union, owned by its Member States. Built around eight core priorities, we finance investments that contribute to EU policy objectives by bolstering climate action and the environment, digitalisation and technological innovation, security and defence, cohesion, agriculture and bioeconomy, social infrastructure, the capital markets union, and a stronger Europe in a more peaceful and prosperous world. 

    The EIB Group, which also includes the European Investment Fund (EIF), signed nearly €89 billion in new financing for over 900 high-impact projects in 2024, boosting Europe’s competitiveness and security. In Poland, the EIB Group invested €5.7 billion euros last year, nearly half of which went to climate and environment projects, including energy transition.

    A trusted partner of the multifaceted energy transition in Poland, the EIB made a leading contribution earlier this year to the development of another offshore wind farm in the Baltic Sea, Baltica 2, the EU’s largest such wind park to date. In 2023, the EIB also financed Poland’s first offshore wind farm.

    InvestEU
    The InvestEU programme provides the European Union with crucial long-term funding by leveraging substantial private and public funds in support of a sustainable recovery. It also helps mobilise private investment for EU policy priorities, such as the European Green Deal and the digital transition. InvestEU brings together under one roof the multitude of EU financial instruments available to support investment in the European Union, making funding for investment projects in Europe simpler, more efficient and more flexible. The programme consists of three components: the InvestEU Fund, the InvestEU Advisory Hub and the InvestEU Portal. The InvestEU Fund is implemented through financial partners that invest in projects, leveraging on the EU budget guarantee of €26.2 billion. The entire budget guarantee will back the investment projects of the implementing partners, increasing their risk-bearing capacity and mobilising at least €372 billion in additional investment.

    MIL OSI Europe News

  • MIL-OSI Europe: Written question – The slaughter of marine mammals in the Faroe Islands – E-001959/2025

    Source: European Parliament

    Question for written answer  E-001959/2025
    to the Commission
    Rule 144
    Sebastian Everding (The Left), Anja Hazekamp (The Left), Krzysztof Śmiszek (S&D), Sirpa Pietikäinen (PPE), Rudi Kennes (The Left), Anthony Smith (The Left), Petras Auštrevičius (Renew), David Cormand (Verts/ALE), Estelle Ceulemans (S&D), Damien Carême (The Left), Emma Fourreau (The Left), Ville Niinistö (Verts/ALE), Friedrich Pürner (NI), Jessika Van Leeuwen (PPE)

    The hunting method grindadráp is a practice in the Faroe Islands involving the annual slaughter of whole families of long-finned pilot whales, Atlantic white-sided dolphins and other cetaceans[1]. This results in an average of 1 100 cetaceans being killed each year[2].

    As the largest trading partner of the Faroe Islands, the EU can promote reforms in the Faroe Islands that align with modern marine conservation standards. The EU has enacted legislation to protect cetaceans from being hunted, caught or kept in captivity as well as to prohibit trade in products both made from these animals and originating from non-EU countries[3].

    • 1.How has the Commission addressed the Faroe Islands’ failure to cooperate in cetacean conservation during the latest consultations[4]?
    • 2.What measures will the Commission take to improve transparency when it comes to the country of origin labelling for fish products from the Faroe Islands?
    • 3.What concrete actions has the Commission undertaken since Parliament’s 2021 call to continuously engage with the Faroe Islands in order to stop the practice of the grindadráp hunting method[5], and what future actions does it envisage?

    Submitted: 15.5.2025

    • [1] Heimabeiti, ‘Hvalvágir góðkendar’, https://heimabeiti.fo/176.
    • [2] According to correspondence with the Sea Shepherd Conservation Society, which documents the hunts.
    • [3] Council Decision 82/461/EEC of 24 June 1982 on the conclusion of the Convention on the conservation of migratory species of wild animals (OJ L 210, 19.7.1982, p. 10, ELI: http://data.europa.eu/eli/dec/1982/461/oj); Council Directive 92/43/EEC of 21 May 1992 on the conservation of natural habitats and of wild fauna and flora (OJ L 206, 22.7.1992, p. 7, ELI: http://data.europa.eu/eli/dir/1992/43/oj); Council Regulation (EC) No 338/97 of 9 December 1996 on the protection of species of wild fauna and flora by regulating trade therein (OJ L 61, 3.3.1997, p. 1,ELI: http://data.europa.eu/eli/reg/1997/338/oj).
    • [4] Memorandum of Understanding on Enhanced Cooperation between the European Union and the Government of the Faroe Islands, signed on 14 March 2024, https://www.eeas.europa.eu/sites/default/files/documents/2024/20240321%20Signed%20MoU.pdf.
    • [5] European Parliament resolution of 9 June 2021 on the EU Biodiversity Strategy for 2030: Bringing nature back into our lives (OJ C 67, 8.2.2022, p. 25).
    Last updated: 23 May 2025

    MIL OSI Europe News

  • MIL-OSI Security: U.S. Attorney’s Office Secures Guilty Verdict in Nigerian Romance Scheme

    Source: US FBI

    ALBUQUERQUE – Following a four-day trial and less than three hours of deliberation, a federal jury returned a guilty verdict against two Nigerian nationals who participated in an international romance scheme.

    According to court documents and evidence presented at trial, the scheme, which began in January 2016, involved the creation of a fictitious persona named “Glenn Brown” on the dating website eHarmony.com. Olutayo Sunday Ogunlaja, 39, and Abel Adeyi Daramola, 37, both Nigerian nationals, worked with another individual who used this fake profile to initiate a romantic relationship with a victim in Albuquerque, New Mexico and subsequently request money from them. Throughout the course of the fraud, the victim was led to believe that their financial assistance was necessary for “Glenn Brown” to complete a purported construction project in Malaysia and return safely to the United States.

    The victim sent approximately $560,000 to various accounts in the United States, Canada, and Malaysia between January 2016 and April 2017. On September 27, 2016, the victim wired approximately $28,000 to a Woodforest Bank account in the name of Daramola Cars, as instructed by the fraudulent “Glenn Brown” persona. Daramola subsequently wired $18,000 to a seafood importer in Denmark and issued a check for $14,000.

    Daramola denied any knowledge of the romance scheme, however the FBI’s investigation uncovered extensive evidence, including text and WhatsApp correspondence on Daramola‘s phone, revealing his role as a provider of bank accounts for various fraud schemes including romance fraud schemes.

    Ogunlaja‘s involvement included using his Bank of America account for receiving fraudulent funds. Specifically, on March 9 and March 15, 2016, “Glenn Brown” instructed the victim to deposit $20,000 cash into Ogunlaja‘s account. Following these deposits, Ogunlaja made multiple cash withdrawals and transfers to Daramola’s account.

    Following the verdict, the Court ordered that Ogunlaja and Daramola remain on conditions of release pending sentencing, which has not been scheduled. At sentencing, Ogunlaja and Daramola each face up to 20 years in prison.

    There is no parole in the federal system.

    U.S. Attorney Alexander M.M. Uballez and Raul Bujanda, Special Agent in Charge of the FBI Albuquerque Field Office, made the announcement today.

    The FBI Albuquerque Field Office investigated this case. Assistant U.S. Attorney Jeremy Peña is prosecuting the case.

    # # #

    MIL Security OSI