Category: Trade

  • MIL-OSI: BlackRock® Canada Announces May Cash Distributions for the iShares® ETFs

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, May 14, 2025 (GLOBE NEWSWIRE) — BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the May 2025 cash distributions for the iShares ETFs listed on the TSX or Cboe Canada which pay on a monthly basis, as well as iShares S&P/TSX 60 Index ETF (XIU) and iShares Canadian Real Return Bond Index ETF (XRB). Unitholders of record of the applicable iShares ETF, with exception of XRB, on May 22, 2025 will receive cash distributions payable in respect of that iShares ETF on May 30, 2025. Unitholders of record of XRB on June 2, 2025 will receive cash distributions on June 5, 2025.

    Details regarding the “per unit” distribution amounts are as follows:

    Fund Name Fund Ticker Cash Distribution Per Unit
    iShares 1-10 Year Laddered Corporate Bond Index ETF CBH $0.049
    iShares 1-5 Year Laddered Corporate Bond Index ETF CBO $0.051
    iShares S&P/TSX Canadian Dividend Aristocrats Index ETF CDZ $0.128
    iShares Equal Weight Banc & Lifeco ETF CEW $0.066
    iShares 1-5 Year Laddered Government Bond Index ETF CLF $0.032
    iShares 1-10 Year Laddered Government Bond Index ETF CLG $0.037
    iShares S&P/TSX Canadian Preferred Share Index ETF CPD $0.058
    iShares US Dividend Growers Index ETF (CAD-Hedged) CUD $0.102
    iShares Convertible Bond Index ETF CVD $0.072
    iShares Global Monthly Dividend Index ETF (CAD-Hedged) CYH $0.078
    iShares Canadian Financial Monthly Income ETF FIE $0.040
    iShares U.S. Aggregate Bond Index ETF XAGG $0.105
    iShares U.S. Aggregate Bond Index ETF(1) XAGG.U $0.076
    iShares U.S. Aggregate Bond Index ETF (CAD-Hedged) XAGH $0.096
    iShares Core Canadian Universe Bond Index ETF XBB $0.079
    iShares Core Canadian Corporate Bond Index ETF XCB $0.069
    iShares ESG Advanced Canadian Corporate Bond Index ETF XCBG $0.120
    iShares U.S. IG Corporate Bond Index ETF XCBU $0.122
    iShares U.S. IG Corporate Bond Index ETF(1) XCBU.U $0.088
    iShares Core MSCI Global Quality Dividend Index ETF XDG $0.074
    iShares Core MSCI Global Quality Dividend Index ETF(1) XDG.U $0.044
    iShares Core MSCI Global Quality Dividend Index ETF (CAD-Hedged) XDGH $0.057
    iShares Core MSCI Canadian Quality Dividend Index ETF XDIV $0.115
    iShares Core MSCI US Quality Dividend Index ETF XDU $0.064
    iShares Core MSCI US Quality Dividend Index ETF(1) XDU.U $0.046
    iShares Core MSCI US Quality Dividend Index ETF (CAD-Hedged) XDUH $0.055
    iShares Canadian Select Dividend Index ETF XDV $0.108
    iShares J.P. Morgan USD Emerging Markets Bond Index ETF (CAD-Hedged) XEB $0.059
    iShares S&P/TSX Composite High Dividend Index ETF XEI $0.136
    iShares Core Canadian 15+ Year Federal Bond Index ETF XFLB $0.112
    iShares Flexible Monthly Income ETF XFLI $0.189
    iShares Flexible Monthly Income ETF(1) XFLI.U $0.136
    iShares Flexible Monthly Income ETF (CAD-Hedged) XFLX $0.183
    iShares S&P/TSX Capped Financials Index ETF XFN $0.169
    iShares Floating Rate Index ETF XFR $0.051
    iShares Core Canadian Government Bond Index ETF XGB $0.050
    iShares Global Government Bond Index ETF (CAD-Hedged) XGGB $0.041
    iShares Canadian HYBrid Corporate Bond Index ETF XHB $0.075
    iShares U.S. High Dividend Equity Index ETF (CAD-Hedged) XHD $0.077
    iShares U.S. High Dividend Equity Index ETF XHU $0.074
    iShares U.S. High Yield Bond Index ETF (CAD-Hedged) XHY $0.085
    iShares U.S. IG Corporate Bond Index ETF (CAD-Hedged) XIG $0.075
    iShares 1-5 Year U.S. IG Corporate Bond Index ETF (CAD-Hedged) XIGS $0.106
    iShares S&P/TSX 60 Index ETF XIU $0.272
    iShares Core Canadian Long Term Bond Index ETF XLB $0.062
    iShares S&P/TSX North American Preferred Stock Index ETF (CAD-Hedged) XPF $0.065
    iShares High Quality Canadian Bond Index ETF XQB $0.053
    iShares Canadian Real Return Bond Index ETF XRB $0.273
    iShares S&P/TSX Capped REIT Index ETF XRE $0.062
    iShares ESG Aware Canadian Aggregate Bond Index ETF XSAB $0.048
    iShares Core Canadian Short Term Bond Index ETF XSB $0.072
    iShares Conservative Short Term Strategic Fixed Income ETF XSC $0.056
    iShares Conservative Strategic Fixed Income ETF XSE $0.052
    iShares Core Canadian Short Term Corporate Bond Index ETF XSH $0.061
    iShares ESG Advanced 1-5 Year Canadian Corporate Bond Index ETF XSHG $0.120
    iShares 1-5 Year U.S. IG Corporate Bond Index ETF XSHU $0.137
    iShares 1-5 Year U.S. IG Corporate Bond Index ETF(1) XSHU.U $0.099
    iShares Short Term Strategic Fixed Income ETF XSI $0.062
    iShares ESG Aware Canadian Short Term Bond Index ETF XSTB $0.048
    iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged) XSTH $0.175
    iShares 0-5 Year TIPS Bond Index ETF XSTP $0.211
    iShares 0-5 Year TIPS Bond Index ETF(1) XSTP.U $0.152
    iShares 20+ Year U.S. Treasury Bond Index ETF (CAD-Hedged) XTLH $0.113
    iShares 20+ Year U.S. Treasury Bond Index ETF XTLT $0.131
    iShares 20+ Year U.S. Treasury Bond Index ETF(1) XTLT.U $0.102
    iShares Diversified Monthly Income ETF XTR $0.040
    iShares S&P/TSX Capped Utilities Index ETF XUT $0.110

    (1) Distribution per unit amounts are in U.S. dollars for XAGG.U, XCBU.U, XDG.U, XDU.U, XFLI.U, XSHU.U, XSTP.U, XTLT.U

    Estimated May Cash Distributions for the iShares Premium Money Market ETF

    The May cash distributions per unit for the iShares Premium Money Market ETF are estimated to be as follows:

    Fund Name Fund Ticker Estimated Cash Distribution Per Unit
    iShares Premium Money Market ETF CMR $0.101

    BlackRock Canada expects to issue a press release on or about May 21, 2025, which will provide the final amounts for the iShares Premium Money Market ETF.

    May Reinvested Distributions for the iShares Canadian Real Return Bond Index ETF

    Fund Name

    Fund Ticker Reinvested Distribution Per Unit
    iShares Canadian Real Return Bond Index ETF XRB $0.31014

    The distributions are for the reinvested distributions, which are typically reinvested in additional units of the respective funds, and do not include ongoing semi-annual cash distribution amounts. The additional units will be immediately consolidated with the previously outstanding units such that the number of outstanding units following the distribution will equal the number of units outstanding prior to the distribution.

    Further information on the iShares Funds can be found at http://www.blackrock.com/ca.

    About BlackRock
    BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @BlackRockCA

    About iShares ETFs
    iShares unlocks opportunity across markets to meet the evolving needs of investors. With more than twenty years of experience, a global line-up of 1500+ exchange traded funds (ETFs) and US$4.3 trillion in assets under management as of March 31, 2025, iShares continues to drive progress for the financial industry. iShares funds are powered by the expert portfolio and risk management of BlackRock.

    iShares® ETFs are managed by BlackRock Asset Management Canada Limited.

    Commissions, trailing commissions, management fees and expenses all may be associated with investing in iShares ETFs. Please read the relevant prospectus before investing. The funds are not guaranteed, their values change frequently and past performance may not be repeated. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional.

    Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”). Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”). TSX is a registered trademark of TSX Inc. (“TSX”). All of the foregoing trademarks have been licensed to S&P Dow Jones Indices LLC and sublicensed for certain purposes to BlackRock Fund Advisors (“BFA”), which in turn has sub-licensed these marks to its affiliate, BlackRock Asset Management Canada Limited (“BlackRock Canada”), on behalf of the applicable fund(s). The index is a product of S&P Dow Jones Indices LLC, and has been licensed for use by BFA and by extension, BlackRock Canada and the applicable fund(s). The funds are not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P, any of their respective affiliates (collectively known as “S&P Dow Jones Indices”) or TSX, or any of their respective affiliates. Neither S&P Dow Jones Indices nor TSX make any representations regarding the advisability of investing in such funds.

    MSCI is a trademark of MSCI, Inc. (“MSCI”). The ETF is permitted to use the MSCI mark pursuant to a license agreement between MSCI and BlackRock Institutional Trust Company, N.A., relating to, among other things, the license granted to BlackRock Institutional Trust Company, N.A. to use the Index. BlackRock Institutional Trust Company, N.A. has sublicensed the use of this trademark to BlackRock. The ETF is not sponsored, endorsed, sold or promoted by MSCI and MSCI makes no representation, condition or warranty regarding the advisability of investing in the ETF. 

    The MIL Network

  • MIL-OSI China: China’s State Council outlines legislative priorities for 2025

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

    BEIJING, May 14 — The General Office of the State Council has unveiled its legislative agenda for 2025, with a focus on strengthening legislation in key sectors, emerging industries, and areas involving foreign affairs.

    In its push for high-quality development and a high-standard socialist market economy, the legislative plan lists draft laws including the national development planning law and the financial law.

    As part of efforts to improve governance and promote rule-based administration, the State Council is set to introduce regulations on the sharing of government data, among others.

    To enhance public well-being, the legislative plan includes draft laws such as the social assistance law and the medical insurance law.

    The plan also includes draft amendments to the Food Safety Law and the Prison Law.

    To bolster legal frameworks related to foreign affairs, the agenda includes a proposed revision to the Foreign Trade Law and new rules for implementing China’s Anti-Foreign Sanctions Law.

    MIL OSI China News

  • MIL-OSI Asia-Pac: LCQ16: Safety of hikers

    Source: Hong Kong Government special administrative region

         Following is a question by the Hon Chan Pui-leung and a written reply by the Secretary for Environment and Ecology, Mr Tse Chin-wan, in the Legislative Council today (May 14):
     
    Question:
     
         Various hiking trails and country parks in Hong Kong have all along attracted many local people and overseas visitors to go hiking. However, it has been reported that quite a number of hikers are inexperienced or ill-equipped, resulting in frequent hiking accidents, and some of them have even disregarded safety in a bid to “check-in”, which has aroused concerns and worries in society. In this connection, will the Government inform this Council:
     
    (1) of the number of mountain search and rescue (S&R) calls received by the Government in the past two years, as well as the respective numbers of casualties of local people and overseas visitors involved in the relevant incidents; the government expenditures involved in the relevant calls and S&R operations;
     
    (2) given that the webpage of the Agriculture, Fisheries and Conservation Department (AFCD) contains the high risk locations with records of fatal and serious accidents in country parks, whether the authorities have further drawn up a list of “hiking blackspots” and the points to note and stepped up publicity among members of the public and tourists; if so, of the details; if not, the reasons for that;
     
    (3) as it is learnt that in order to deter risk-taking behaviours without regard to the consequences, some places have started to collect rescue fees from hikers, whether the Government will erect fences and warning signs at high-risk locations where hiking accidents frequently occur; whether the authorities will follow the practice of other regions and collect rescue fees from hikers who have accidents despite warnings and seek rescue; if so, of the details; if not, the reasons for that, and whether there are other measures intended to be implemented to deter the risk-taking behaviours concerned; and
     
    (4) as it is learnt that the “Enjoy Hiking” mobile application launched by the AFCD is equipped with a “Hiker Tracking Service” which can record the location of users so as to shorten the S&R time after they have an accident, of the number of downloads of the application and, among such downloads, the number of users with Internet Protocol addresses outside Hong Kong; of the measures put in place by the authorities to enhance the promotion of hiking safety among overseas visitors?
     
    Reply:
     
    President,
     
         The Government attaches great importance to publicising and promoting hiking safety, as well as promoting hiking etiquette and the message of protecting the natural environment to the public and tourists through various channels. Having consulted the Security Bureau, the reply to the question raised by the Hon Chan Pui-leung is as follows:
     
    (1) In the past two years, the number of mountain search and rescue calls received by the Fire Services Department (FSD) and the number of casualties involved are tabulated below: 
     

    Year Number of mountain search and rescue calls received Number of Injuries (Fatalities)
    2023 695 cases 424 (15)
    2024 588 cases 345 (15)

     
         The FSD does not keep a breakdown of the number of casualties involving local residents and foreign visitors. As the above rescue operations do not involve additional manpower and salary expenditure, the FSD does not keep a breakdown of the expenditure involved.
     
    (2) Through the “Enjoy Hiking” website (hiking.gov.hk), the Agriculture, Fisheries and Conservation Department (AFCD) provides consolidated information of different hiking trails to hikers to facilitate their planning of hiking trips. It also lists 20 high risk locations with records of fatal and serious accidents in country parks (high-risk locations), according to factors such as previous records of serious and fatal accidents, the causes of such accidents, as well as the site conditions, with a view to reminding hikers to avoid accessing those areas. The AFCD will regularly review and update the list of high-risk locations as needed. 

         To promote public awareness on hiking safety, the AFCD regularly organises education activities, including school visits, guided tours, roving exhibitions and game booths at shopping malls and Country Parks Visitor Centres. The AFCD will also disseminate safety information through online videos, social media platforms, websites, and pamphlets distributed at Country Parks Visitor Centres. Concurrently, the Hong Kong Police Force, the FSD, the Government Flying Service and the Civil Aid Service also raise hiker’s awareness on hiking safety through various channels and events.
     
    (3) The Government has always accorded top priority to public safety and the protection of people’s life and property. While the Government strongly discourages the public from taking risks to perform dangerous activities, effective, reliable and efficient emergency services will still be provided to people in distress or in need under all circumstances. We do not hope that those in need would hesitate in seeking emergency call services due to any reasons, including levy. The AFCD has also installed warning signs in suitable areas of the high-risk locations to remind hikers to avoid accessing those areas. The AFCD will review the situations of different areas from time to time, modify or add suitable warning signs and barriers where needed. 

    (4) As at April 2025, the “Enjoy Hiking” mobile application had been downloaded for over 480 000 times, including approximately 100 000 downloads by users with non-local IP addresses. 

         The AFCD, in collaboration with the Tourism Commission and the Hong Kong Tourism Board (HKTB), has been promoting green tourism and sharing messages on hiking safety and nature conservation through HKTB’s “Hong Kong Great Outdoors” thematic website (www.discoverhongkong.com/eng/explore/great-outdoor.html) and its social media platforms, to ensure that tourists enjoy the countryside in Hong Kong in a safe and nature-friendly manner. Furthermore, the AFCD collaborates with the Hong Kong Economic and Trade Offices in the Mainland and the Forestry Administration of Guangdong Province to promote Hong Kong’s natural scenery and hiking routes, as well as to disseminate hiking safety messages, through their social media platforms in the Mainland.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: LCQ21: Deepening international exchanges and co-operation

    Source: Hong Kong Government special administrative region

    LCQ21: Deepening international exchanges and co-operation 
    Question:
     
         In the country’s Report on the Work of the Government this year, it was mentioned that Hong Kong must deepen international exchanges and co-operation. The Hong Kong Special Administrative Region Government is also actively attracting overseas companies to Hong Kong and helping Mainland companies go global to align with the overall development strategy of the country. In this connection, will the Government inform this Council:
     
    (1) how it will promote alignment between Hong Kong’s financial services industry and national policies to leverage Hong Kong’s unique advantages, reinforce its connectivity with both the Mainland and the world, and actively promote international exchanges and co-operation; whether it will consider providing further support to financial services enterprises to expand into new markets and broaden their international networks;
     
    (2) as it is learnt that many Hong Kong enterprises, business associations, non-profit organisations, and international trade organisations possess extensive overseas networks, whether the Government has compiled the relevant statistics; if so, of the details; how the Government will leverage the power and resources of non-governmental organisations to foster citizen diplomacy;
     
    (3) to align with the country’s overall development strategy, will the Government review and optimise the division of responsibilities and functions of different government departments or public organisations responsible for promoting trade (such as the Economic and Trade Offices, the Hong Kong Trade Development Council, Invest Hong Kong, and other overseas offices), so as to avoid overlapping structures and enable them to focus more on delivering services under existing policies;
     
    (4) whether the Government will formulate specific policy measures to support and sponsor various enterprises and organisations to participate in industrial and commercial, and financial exhibitions, etc, in overseas countries in order to promote commercial co-operation with Middle East countries and Belt and Road countries, and to promote Hong Kong to such countries; if so, of the details; if not, the reasons for that; and
     
    (5) whether the Government has a comprehensive plan to tell good stories of Hong Kong to the outside world through targeted publicity and promotion strategies, and to better leverage Hong Kong’s international advantages to attract more international financial institutions and investors to establish presence in Hong Kong?
     
    Reply:
     
    President,
     
         Having consulted the Financial Services and the Treasury Bureau, the consolidated reply to the question raised by the Hon Robert Lee is as follows:
     
         The Outline of the 14th Five-Year Plan for National Economic and Social Development of the People’s Republic of China and the Long-Range Objectives Through the Year 2035 (14th Five-Year Plan) supports Hong Kong to enhance its status as an international financial centre, strengthen its functions as a global offshore Renminbi (RMB) business hub, an international asset management centre and a risk management centre, as well as deepen and expand the mutual access between the financial markets of the Mainland and Hong Kong.
     
         In this regard, the Hong Kong Special Administrative Region (HKSAR) Government has been committed to deepening the interface of Hong Kong’s financial services industry with national policies in accordance with the 14th Five-Year Plan. For example, in terms of mutual market access, the Stock Connect has made some breakthroughs over the past few years, including the inclusion of exchange-traded funds and the addition of eligible stocks of foreign companies primarily listed in Hong Kong. This has become the most reliable channel for international investors to access the Mainland securities market. In terms of global offshore RMB business, at present, Hong Kong has the world’s largest offshore pool of RMB funds, currently processing about 80 per cent of global offshore RMB payments. On attracting Mainland enterprises to list in Hong Kong, as driven by a series of listing enhancement measures, there are currently over 1 480 Mainland enterprises listed in Hong Kong. The Hong Kong Exchanges and Clearing Limited (HKEX) has established listing avenues for new economy with weighted voting rights structures, and specialist technology companies as well as the technology enterprises channel, with a view to accurately addressing the financial service demands of Mainland’s emerging innovation and technology industries and leveraging Hong Kong’s strengths to serve our country’s needs.
     
         We also continue to deepen exchanges and co-operation with the global financial community, actively strengthen and expand our circle of friends with the global community, organise major financial events of global significance such as the Asian Financial Forum, the Wealth for Good in Hong Kong Summit and the Global Financial Leaders’ Investment Summit, in a bid to further enhance the voice and influence of our country and Hong Kong in the international financial community and showcase to the international investors the strengths and opportunities of Hong Kong as an international financial centre.
     
         In addition, the HKSAR Government, regulators and the HKEX are committed to promoting Hong Kong’s financial services industry, securities market and fundraising platform to overseas and Mainland enterprises and investors (including target markets such as the Middle East and the Association of Southeast Asian Nations regions), through organising and participating in different thematic flagship summits, outreach activities, thematic roadshow events, etc, with a view to strengthening Hong Kong’s linkage with overseas and Mainland markets, fostering financial market co-operation, as well as facilitating the local financial services industry to open up new markets.
     
         We will continue to deepen and step up our efforts to seize the national development opportunities, bringing more new opportunities to the industry and continuing to contribute to our country’s development as a financial powerhouse.
     
         On the other hand, the HKSAR Government has been actively promoting the sustainable development of Hong Kong as an international trade centre through diversified measures. The global trade landscape and geopolitics are rapidly changing, with parts of the supply chains shifted to the Global South and Belt and Road (B&R) countries, while Mainland enterprises are also proactively establishing their presence abroad. Hong Kong’s rich experience in international trade and world-class professional services will be of assistance to such Mainland enterprises in re-deploying their global supply chains. According to the 2024 Policy Address, Invest Hong Kong (InvestHK) and the Hong Kong Trade Development Council (HKTDC) set up in December 2024 a high value-added supply chain services mechanism for attracting Mainland enterprises to establish international or regional headquarters in Hong Kong for managing offshore trading and supply chain, and providing one-stop professional advisory services for enterprises in Hong Kong looking to go global. The mechanism is conducive to Hong Kong’s economic development on the one hand, and facilitates the deepening of its international exchanges and co-operation on the other hand, thus responding to meet Premier Li Qiang’s expectations for Hong Kong, as set out in his work report this year, integrating into the overall national development while making contribution to the country.
     
         Besides, the HKSAR Government will continue to organise a number of outbound missions to B&R markets to assist Hong Kong enterprises and professional services to further explore business opportunities and build long-lasting collaborative relationships with relevant local enterprises and organisations. We will also continue to actively organise various major events to promote Hong Kong’s advantages and facilitate business matching and project participation between Hong Kong and B&R countries. In addition, the HKTDC’s overseas network has already covered the major markets along the B&R, including regions of the Middle East. By leveraging its global network, the HKTDC will continue to launch diversified outreach activities, information platforms, large-scale international exhibitions and conventions, to highlight Hong Kong’s opportunities and role as a two-way business and investment platform, and facilitate the co-operation among enterprises of the Mainland and Hong Kong, investors and professional service providers, as well as the project owners from B&R countries.
     
         For overseas exhibitions activities, the HKSAR Government strives to encourage and provide funding support for non-listed Hong Kong enterprises to upgrade and restructure, enhance competitiveness of enterprises as well as sectors and conduct promotional activities through various funding schemes and measures, including the Dedicated Fund on Branding, Upgrading and Domestic Sales, the SME Export Marketing Fund and the Trade and Industrial Organisation Support Fund. Enterprises/organisations could apply for funding to participate in promotional activities such as exhibitions in markets outside Hong Kong to develop their businesses. The HKTDC has also been actively leading Hong Kong companies to participate in large-scale exhibitions overseas and set up Hong Kong pavilions in selected large-scale exhibitions. In addition, the HKTDC offers preferential participation rates and a range of value-added services, including the arrangement of business matching meetings, for Hong Kong companies to grasp the opportunities to promote their products and services.
     
         Currently, the HKSAR Government has 14 overseas Hong Kong Economic and Trade Offices (ETOs). Together with the offices of the HKTDC and InvestHK worldwide, Hong Kong has set up offices in 68 cities around the world, covering 129 countries, including emerging markets. The ETOs, InvestHK’s Dedicated Teams for Attracting Businesses and Talents based in the ETOs and its consultant offices in other locations, as well as the HKTDC’s offices are responsible for different aspects of work, while collaborating from time to time to generate synergy. The trio promote bilateral economic and trade relations between Hong Kong and overseas economies. InvestHK and the HKTDC mainly serve the business community. InvestHK is responsible for promoting inward direct investment to Hong Kong. Through its teams based in Hong Kong, the Dedicated Teams for Attracting Businesses and Talents based in the ETOs, as well as consultant offices in other locations, the department has all along been reaching out to a wide spectrum of companies in different sectors and industries around the world to attract and assist them to set up or expand their businesses in Hong Kong, and offering one-stop customised support services, from the planning to implementation stages. As for the HKTDC, it is responsible for trade promotion as well as facilitating, assisting and developing trade in Hong Kong. Through organising international exhibitions, conferences and business missions, the HKTDC creates business opportunities in the Mainland and international markets for Hong Kong enterprises. The ETOs are committed to maintaining close communication and exchanges with the international community and overseas stakeholders in different sectors (including government officials, think tanks, media organisations, academics, cultural and business groups and other key opinion leaders in countries under their purview), promoting and explaining the HKSAR Government’s important policies and Hong Kong’s unique advantages under “one country, two systems”, with a view to telling the good stories of Hong Kong and promoting economic and trade development between Hong Kong and overseas.
     
         Meanwhile, the ETOs will strengthen ties and co-operation with foreign chambers of commerce in Hong Kong and the local political and business sectors, and take the opportunity of the latter’s overseas visits to collaborate in promoting Hong Kong’s latest developments and major policy measures through different forms of activities, and jointly tell the good stories of Hong Kong from multiple perspectives.
    Issued at HKT 15:33

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: DEMOLITION OF GRANDSTANDS AT APIA PARK AND CONSTRUCTION OF A NEW SPORTS STADIUM

    Source:

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    [PRESS RELEASE 17 April 2025] – Cabinet has approved significant developments concerning the Apia Park Complex. This decision marks a pivotal step in enhancing the sports infrastructure in Samoa, aimed at fostering athletic excellence and providing state-of-the-art facilities for both athletes and spectators.

    1. Cessation of Usage: Effective immediately, the three grandstands located on the Western side of the Grand Stadium at Apia Park will cease to be used. This measure ensures the safety of all users and aligns with the recommendations from the recent inspection report.

    2. Demolition of Grandstands: The approved directive mandates the immediate demolition of these three grandstands. This action is a proactive measure to facilitate the construction of a new and improved sports stadium.

    3. Collaborative Efforts for New Stadium Construction: The Ministry of Sports and Recreation, in collaboration with the Ministry of Finance and the Ministry of Foreign Affairs and Trade, will initiate discussions with earmarked Development Partners. These discussions aim to seek assistance in building a new sports stadium that meets international standards.

    Cabinet’s decision is informed by an Inspection Report and recommendations provided by the Chinese Team, who are currently overseeing the maintenance and upgrade of the Apia Park Complex. This partnership underscores the commitment of both nations to advance sports development and infrastructure in Samoa.

    The Ministry of Sports and Recreation is dedicated to ensuring a seamless transition during this period of development and will keep the public informed of progress and updates. We appreciate the understanding and support of the community as we embark on this exciting journey to enhance our sporting facilities.

    For further information, please contact:

    Ministry of Sports and Recreation s.tautu@msr.gov.ws +685 33774

    Follow us on our Facebook Page for the latest updates.

    “End of Release”

    SOURCE – Ministry of Sports and Recreation

    Photo by Savali Newspaper

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Speech by FS at HOFEX and ProWine Hong Kong @ HOFEX Opening Ceremony (English only)

    Source: Hong Kong Government special administrative region

    Speech by FS at HOFEX and ProWine Hong Kong @ HOFEX Opening Ceremony (English only) 
    Margaret (President and Chief Executive Officer of Informa Markets in Asia, Ms Margaret Ma Connolly), Dane (Executive Director of the Hong Kong Tourism Board, Mr Dane Cheng), Consuls-General, distinguished guests, ladies and gentlemen,
     
         Good morning.
     
         It’s a real pleasure to be here with you again at the Opening Ceremony of HOFEX. I would like to extend a warm welcome to industry professionals and entrepreneurs from around the world to Hong Kong, to tap the vast opportunities in the world of food and hospitality.
     
         Just now, Margaret has given us a good glimpse of the exciting events over the next few days. From wine and craft beer to hospitality technology; from culinary competitions to coffee championships, there is something for everyone. Whether you’re here to trade, taste or toast, this is the place to be.
     
         Beyond the captivating events at HOFEX, allow me to highlight a few points why Hong Kong is the right place to be in for food and hospitality business.
     
         First, we are a free port, and proudly the freest economy in the world. Besides, we maintain one of the world’s most efficient customs clearance and logistics networks. Every day, over 1 000 flights connect us to more than 200 destinations. This city simply gives you the best connectivity to the broader market in the Asian region.
     
         For wines, we impose no duty, a policy that has been toasting success for years. Last year, we imported approximately 39 million bottles of wines and consumed some 30 million of them. Recently, we have also lowered duties on liquor. The results are encouraging. In the first four months since its implementation, the volume of liquor imports jumped by over 40 per cent, and the value doubled.
     
         At a time when some economies are raising trade barriers, Hong Kong is not just opening doors. We are opening more bottles, too.
     
         Second, Hong Kong is Asia’s culinary capital. We love good food. You may know I like talking about the 200-plus Michelin-recommended restaurants in the city. But let me tell you more: they cover cuisines from over 30 countries and regions, offering a global menu with local flair. Moreover, we invest in culinary excellence. Institutions like the Chinese Culinary Institute are training the next generation of top chefs. 
     
         Third, Hong Kong is expanding into new markets. Our ties with regions like the ASEAN (Association of Southeast Asian Nations), Middle East, Central Asia and Africa are strengthening. They are rich in produce and full of untapped potential. You can find their offerings in our restaurants, too.
     
         Ladies and gentlemen, Hong Kong is buzzing again. In the first four months of this year, visitor numbers grew by 10 per cent to over 16 million, with a noteworthy increase of 17 per cent in international visitors. The Government, along with the Hong Kong Tourism Board and the HKTDC (Hong Kong Trade Development Council), are organising more international events and attracting more high-value visitors. If you are thinking of extending the reach of your products and services, Hong Kong is your showroom.
     
         Come to Hong Kong, and you will find opportunities. Consider setting up a representative office, or a regional office here. Our colleagues from Invest Hong Kong, the Office for Attracting Strategic Enterprises, and the HKTDC are happy to support you every step of your way.
     
         To conclude, I wish you a fruitful and successful HOFEX 2025. For our overseas guests, enjoy your stay in Asia’s world city. There is a lot to discover, and even more to taste.
     
         Thank you.
    Issued at HKT 12:30

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI Economics: Secretary-General of ASEAN attends luncheon hosted by Ministry of Foreign Affairs and Trade of New Zealand

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, today attended a luncheon hosted by H.E. Bernadette Cavanagh, Deputy Secretary of the Pacific and Development Group of New Zealand Ministry of Foreign Affairs and Trade of New Zealand, and attended by Pacific Islands Heads of Mission stationed in Wellington. The engagement provided a good opportunity to exchange views on developments in both regions and potential for engagement and collaboration between ASEAN and the Pacific Island countries.

    The post Secretary-General of ASEAN attends luncheon hosted by Ministry of Foreign Affairs and Trade of New Zealand appeared first on ASEAN Main Portal.

    MIL OSI Economics

  • MIL-OSI Economics: Secretary-General of ASEAN engages with Department of the Prime Minister and Cabinet of New Zealand

    Source: ASEAN

    At the sidelines of his Working Visit to New Zealand, Secretary-General of ASEAN, Dr. Kao Kim Hourn, held a meeting with H.E. Ben King, Chief Executive of the Department of the Prime Minister and Cabinet, and H.E. Taha Macpherson, Deputy Secretary of the Ministry of Foreign Affairs and Trade of New Zealand. The meeting offered a chance to exchange views on regional developments and reaffirmed the importance of ASEAN-New Zealand cooperation and relations.

    The post Secretary-General of ASEAN engages with Department of the Prime Minister and Cabinet of New Zealand appeared first on ASEAN Main Portal.

    MIL OSI Economics

  • MIL-OSI Russia: Blueberries and spinach: seasonal products appear at capital fairs

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    Thanks to the warm winter and spring this year, city residents already had the opportunity in May to try fruits, vegetables and berries that usually appear on the shelves of fairs only with the onset of summer.

    Spinach and blueberries provide a special boost of energy and vitamins. In addition, juicy cherries of the Adelina variety have already appeared on the shelves – they were brought from the sunny Krasnodar region.

    Spinach: a versatile product

    Spinach, which is sold at several weekend markets in the northwest of the capital (at the following addresses: Dubravnaya Street, Building 35 and Marshal Zhukov Street, Building 24), is rich in vitamins A, C and K, as well as useful minerals such as iron and calcium. This, at first glance, modest green leaf is not only useful, but can also be used in the preparation of various dishes. It can be used as a natural dye for dough, added to smoothies, salads and soups, and also combined with cereals, meat, fish and cheese. Spinach perfectly complements the taste of food and enriches dishes with useful substances. In addition, the product is used for cosmetic purposes, as it refreshes and moisturizes the skin.

    Blueberries: Slow Down Aging

    Blueberries appeared on the shelves of fairs in the Southern and South-Eastern administrative districts in early May. The first berries are rich in antioxidants, which reduce inflammatory processes in the body, improve the condition of the skin and hair, and maintain joint health. Blueberries can be simply eaten or added to desserts, and also made into jam or compote.

    Capital fairs are a place where city dwellers traditionally come to buy farm products brought from more than 40 regions of Russia. Each supplier guarantees the quality and freshness of the goods, and specialists Veterinary Committee of the City of Moscow They check it immediately before sending it to the counter. Fair pavilions are located near metro stations and other crowded places, they are equipped with the necessary trade and refrigeration equipment, which makes them comfortable to visit at any time of the year.

    More information about the activities of the capital’s Department of Trade and Services is available in the official telegram channel.

    Get the latest news quicklyofficial telegram channel the city of Moscow.

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

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

    https: //vv.mos.ru/nevs/ite/153763073/

    MIL OSI Russia News

  • MIL-OSI Russia: Moscow Export Center to Select Ambassadors of Capital Business Abroad

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    Moscow Export Center (MEC) opened its first official selection of ambassadors capital business abroad. Specialists help city companies successfully enter foreign markets: they support businesses in friendly countries, establish business connections, open up export opportunities and become representatives of Moscow brands in the international arena.

    Ambassadors are professionals living and working abroad, who have a good understanding of local business culture, legislation and business processes. They help Moscow exporters find partners, analyze potential demand for products in the region, contact retail networks and distributors and personally accompany export contracts and negotiations on the ground.

    Within the framework of the MEC pilot project, ambassadors have been working in other countries for several years and have proven their effectiveness in practice. The Moscow Export Ambassador service has been used by 213 Moscow companies. They have concluded export contracts for a total of over 2.7 billion rubles. Experts represent Moscow in China, India, Egypt, the United Arab Emirates, Vietnam, Malaysia and Iran.

    Now the program is moving to a new level. MEC has formalized and systematized the criteria for selecting ambassadors to make the participation process more transparent and convenient. Candidates need to submit an application, in which they must confirm their experience in international business, business connections with local partners, knowledge of the language and understanding of the specifics of the regional business environment. The main candidates will be able to sign a contract with MEC. You can study all the requirements for candidates on the website Moscow Export Center.

    Active and involved experts with experience in international trade are invited to share successful mechanisms for entering foreign markets and represent the interests of Moscow companies abroad. Participants in the Moscow Export Ambassador program will be able to become part of a team that forms the image of the Russian capital as a reliable and active export player on the world stage.

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

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

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

    https: //vv.mos.ru/nevs/ite/153786073/

    MIL OSI Russia News

  • MIL-OSI USA: Smith Statement on Trade Agreement with the UK

    Source: United States House of Representatives – Congressman Adrian Smith (R-NE)

    Washington, DC — Today Ways and Means Trade Subcommittee Chairman Adrian Smith (R-NE) released the following statement after President Trump announced a trade deal between the United States and the United Kingdom.

    “I’m pleased the Trump administration has struck an initial trade deal with one of our nation’s greatest trade partners and longest-standing allies. This is a significant step toward eliminating barriers to American products in foreign markets and friendshoring supply chains. I commend President Trump and his administration for conducting negotiations swiftly to the mutual benefit of our producers, job creators, and consumers. This agreement builds upon the groundwork laid in the President’s first term, and I am pleased the administration has indicated it continues to pursue dynamic dialogue with the United Kingdom to address additional concerns.”

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    MIL OSI USA News

  • MIL-OSI USA: Trade Ranking Member Sánchez: UK deal lazy attempt at claiming victory

    Source: United States House of Representatives – Congresswoman Linda Sanchez (38th District of CA)

    WASHINGTON – Ways and Means Trade Subcommittee Ranking Member Linda T. Sánchez (D-Calif.) released the following statement in response to President Trump announcing an unfinished trade agreement with the United Kingdom:  

    “This is a lazy attempt at a trade agreement. President Trump is desperate to claim a win, hoping it will deflect from the rising costs and economic pain caused by his reckless trade policies.

    His so-called trade deal won’t help working families, farmers, or small businesses. Where is the U.K. market access for American poultry? What, if any, are the environmental, anti-corruption, and labor commitments? How will we uphold these commitments without any enforcement mechanism? And will President Trump follow the law and bring his deal before Congress so the American people get a say? Another attempt to weaken accountability and transparency

    “This is what President Trump does. He claims these ‘huge’ victories but after the headlines are written and the details come out, they fall short of his hype. Despite his attempt at distraction, his economic agenda is clearly failing.”

    Background

    Ranking Member Sánchez introduced the Stopping a Rogue President on Trade Act, a bill that would turn off the global tariffs imposed on April 2, turn off the tariffs imposed by executive order for Mexico and Canada, and require congressional approval for tariffs imposed by the president. The bill has the support of all Ways and Means Democrats.

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    MIL OSI USA News

  • MIL-OSI USA: Sánchez: Congress must reclaim trade authority before Trump plunges economy into recession

    Source: United States House of Representatives – Congresswoman Linda Sanchez (38th District of CA)

    WASHINGTON – Ways and Means Trade Subcommittee Ranking Member Linda Sánchez (D-Calif.) released the following statement in response to the U.S. economy shrinking due to President Trump’s trade policies:  

    “President Trump inherited a strong, growing economy that was the envy of the world. But in just 100 days, his reckless trade policies have sent our economy spiraling downward and we’re now staring at the very real threat of yet another Republican-led recession. 

    “That means lost jobs, rising prices, and working families once again forced to bear the brunt of this administration’s failures – all due to self-inflicted wounds by a president dangerously out of control. Congress must reclaim its authority over trade and tariffs before President Trump plunges us into a recession.”

    Background

    Ranking Member Sánchez earlier this month introduced the Stopping a Rogue President on Trade Act, a bill that would turn off the global tariffs imposed on April 2, turn off the tariffs imposed by executive order for Mexico and Canada, and require congressional approval for tariffs imposed by the president. The bill has the support of all Ways and Means Democrats.

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    MIL OSI USA News

  • MIL-OSI Russia: What humanitarian aid do entrepreneurs send to the SVO zone in the spring?

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    Moscow store owners are collecting humanitarian supplies to send to the special military operation (SVO) zone. The parcels contain medicines, first aid supplies, and clothing for the changeable spring weather. In addition, through volunteers and charitable foundations, money is transferred to servicemen to buy necessary goods.

    Thus, employees of a grocery store and a shopping center in the Mozhaisk district regularly transfer funds to volunteers to purchase medicines. Three supermarkets in the Kuntsevo district send medicines, regular and thermal underwear, and warm shoes to the fighters. All parcels to the SVO zone are delivered by a local resident – a participant in the special operation, who returns to the capital for the duration of his vacation.

    The owner of a small retail outlet in the Levoberezhny district donated food products, camouflage nets and medicines to the Luhansk People’s Republic through a charitable foundation.

    Employees of shopping centers in the Bibirevo, Severnoye Chertanovo and Butyrsky districts collected medicines and first aid supplies for military personnel.

    The shopping center in Teply Stan became the record holder for the amount of medicines, food products and grocery goods sent to the cities of the Luhansk People’s Republic – its tenants and employees transferred more than 4.5 tons of humanitarian aid.

    Hats, jackets and socks

    Entrepreneurs send clothes, shoes, insoles and socks, including those with thermoregulation, to the SVO zone. These products provide comfort in any weather conditions.

    Such humanitarian aid was collected by employees of a shoe store in Golyanovo, a fixed-price store in Severnoye Izmailovo, and four shopping and entertainment centers in Kurkino and Mitino. The parcels also included insulated rubber boots.

    One of the largest humanitarian aid shipments was sent to the combat zone from Ochakovo-Matveevskoye – a local trading house gave the military personnel more than two thousand T-shirts and vests.

    Tons of winter and demi-season clothing were handed over to the participants of the special operation by employees of a shopping mall in Novogireyevo, a textile store for the whole family in Strogino, and four retail outlets in Yuzhny Chertanovo.

    Owners of capital shops also care about residents of new regions. For example, tenants of a shopping centre in the Chertanovo Severnoye district collected children’s clothes and clothing for pregnant women from the Donetsk People’s Republic.

    Owners of Moscow shops, shopping malls, car dealerships and other service establishments, as well as Moscow restaurateurs, have been sending humanitarian aid to the combat zone since the first days of the Second World War. The parcels contain products that have a long shelf life: canned meat, fish and vegetables, tons of various cereals – from rice and buckwheat to pearl barley, pasta, as well as sweets (cookies, candies, chocolate) and much more.

    Entrepreneurs also donate building materials and even military equipment, including quadcopters and entire convoys of vehicles.

    More information about the activities of the capital’s Department of Trade and Services can be found in the official telegram channel.

    Get the latest news quicklyofficial telegram channel the city of Moscow.

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

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

    https: //vv.mos.ru/nevs/ite/153726073/

    MIL OSI Russia News

  • MIL-OSI USA: Congressman Cohen Announces $18.2 Million in Federal Transit Administration Funding for Tri-State Memphis Urban Area

    Source: United States House of Representatives – Congressman Steve Cohen (TN-09)

    WASHINGTON – Congressman Steve Cohen (TN-9), a senior member of the Transportation and Infrastructure Committee, today announced that the Memphis-Arkansas-Mississippi urban area will receive $18,246,472 in the current fiscal year from the Federal Transit Administration (FTA).

    The state of Tennessee will receive $132,363,425 in funding through FTA formula programs statewide.

    Congressman Cohen made the following statement:

    “Many residents of the 9th Congressional District rely on public transit to get to work, go shopping or visit doctors and a reliable source of funding guarantees their continued ability to do so.”

    # # #

    MIL OSI USA News

  • MIL-OSI USA: Murray, Van Hollen, Tillis, Murkowski Lead Bipartisan, Bicameral Letter Calling on DHS to Reinstate Disaster Mitigation Program Critical to Local Communities

    US Senate News:

    Source: United States Senator for Washington State Patty Murray
    Washington, D.C. — U.S. Senators Patty Murray (D-Wash.), Chris Van Hollen (D-Md.), Thom Tillis (R-N.C.), and Lisa Murkowski (R-Alaska) led a bipartisan, bicameral letter with over 80 of their colleagues urging Department of Homeland Security (DHS) Secretary Kristi Noem to reinstate the Building Resilient Infrastructure and Communities (BRIC) program, which supports local efforts to protect and harden our communities from natural disaster. The BRIC program provides grants for hazard mitigation planning and projects that reduce risks posed by natural hazards to communities, tribal nations, and territories requesting assistance. The lawmakers’ letter emphasizes the urgent need to continue investing in pre-disaster mitigation and community resilience and calls on the Administration to work with Congress to improve the program’s accessibility and efficiency.
    “We are writing to urge the Administration to reinstate the Building Resilient Infrastructure and Communities Grant (BRIC) program within the Federal Emergency Management Agency (FEMA). BRIC funds are spurring communities across the country to strengthen their resilience to extreme weather, and forgoing these critical investments will only make it harder and more expensive for communities to recover from the next storm,” the lawmakers began.
    “The BRIC program was established by Congress in the 2018 Disaster Recovery Reform Act and signed into law by President Trump with bipartisan support. In the years since, this program has catalyzed community investments in resilient infrastructure, saving federal funds by investing in community preparedness before a disaster strikes,” they continued. “According to research, one dollar invested in disaster mitigation can save up to $18 in response and recovery expenditures.”
    “We urge the Administration to take swift action to reinstate the BRIC program, and to work with Congress to identify and implement reforms to strengthen our nation’s resilience for decades to come,” the lawmakers concluded.
    In addition to Senators Murray, Van Hollen, Tillis, and Murkowski, the letter was led on the House side by U.S. Representatives Chuck Edwards (R-N.C.-11), Sylvia Garcia (D-Texas-29), Brian Fitzpatrick (R-Pa.-01), and Ed Case (D-Hawaii-01). The letter was also signed by Senators Angela Alsobrooks (D-Md.), Tammy Baldwin (D-Wis.), Michael Bennet (D-Colo.), Richard Blumenthal (D-Conn.), Lisa Blunt Rochester (D-Del.), Cory Booker (D-N.J.), Bill Cassidy (R-La.), Ruben Gallego (D-Ariz.), Mark Kelly (D-Ariz.), Ed Markey (D-Mass.), Jeff Merkley (D-Ore.), Jon Ossoff (D-Ga.), Alex Padilla (D-Calif.), Jack Reed (D-R.I.), Jacky Rosen (D-Nev.), Bernie Sanders (I-Vt.), Adam Schiff (D-Calif.), Jeanne Shaheen (D-N.H.), Elissa Slotkin (D-Mich.), Tina Smith (D-Minn.), Mark Warner (D-Va.), Raphael Warnock (D-Ga.), Peter Welch (D-Vt.), Ron Wyden (D-Ore.) and Representatives Alma Adams (D-N.C.-12), Pete Aguilar (D-Calif.-33), Donald Beyer (D-Va.-08), Suzanne Bonamici (D-Ore.-01), Rob Bresnahan (R-Pa.-08), Nikki Budzinski (D-Ill.-13), Greg Casar (D-Texas-35), Sheila Cherfilus-McCormick (D-Fla.-20), Judy Chu (D-Calif.-33), Angie Craig (D-Minn.-02), Sharice Davids (D-Kan.-03), Donald Davis (D-N.C.-01), Sarah Elfreth (D-Md.-03), Lois Frankel (D-Fla.-22), Maxwell Frost (D-Fla.-10), Chuy García (D-Ill.-04), Pramila Jayapal (D-Wash.-07), Hank Johnson (D-Ga.-04), Bill Keating (D-Mass.-09), Ro Khanna (D-Calif.-17), Jen Kiggans (R-Va.-02), Kimberlyn King-Hinds (R-Northern Marina Islands), Stephen Lynch (D-Mass.-08), Doris Matsui (D-Calif.-07), Sarah McBride (D-Del.-01), Jennifer McClellan (D-Va.-04), Kristen McDonald Rivet (D-Mich.-08), Morgan McGarvey (D-Ky.-03), Dave Min (D-Calif-47), Blake Moore (R-Utah-01), James Moylan (R-Va.-09), Kevin Mullin (D-Calif.-15), Richard Neal (D-Mass.-01), Dan Newhouse (R-Wash-04), Chris Pappas (D-N.H.-01), Marie Gluesenkamp Perez (D-Wash.-03), Scott Peters (D-Calif.-50), Chellie Pingree (D-Maine-01), Ayanna Pressley (D-Mass.-07), Mike Quigley (D-Ill.05), Aumua Amata Coleman Radewagen (R-American Samoa), John Rutherford (R-Fla.-05), Linda Sánchez (R-Calif.-38), Mary Gay Scanlon (D-Pa.-05), Kim Schrier (D-Wash.-08), Terri Sewell (D-Ala.-07), Thomas Suozzi (D-N.Y.-03), Jill Tokuda (D-Hawaii-02), Norma Torres (D-Calif-35), David Valadao (R-Calif-22), Nydia Velázquez (D-N.Y.-07), Eugene Simon Vindman (D-Va.-07), Frederica Wilson (D-Fla.-24), and Robert Wittman (R-Va.-01).
    The full letter is available here and below:
    Dear Secretary Noem and Acting Administrator Richardson,
    We are writing to urge the Administration to reinstate the Building Resilient Infrastructure and Communities Grant (BRIC) program within the Federal Emergency Management Agency (FEMA). BRIC funds are spurring communities across the country to strengthen their resilience to extreme weather, and forgoing these critical investments will only make it harder and more expensive for communities to recover from the next storm. We acknowledge that the BRIC program, like all grant funding programs, has room for improvement, and we urge you to couple the reinstatement of the program with an opportunity for Congress and FEMA to improve the application review and funding distribution process to more effectively reduce the costs disasters pose to our communities, economies, and livelihoods.
    The BRIC program was established by Congress in the 2018 Disaster Recovery Reform Act and signed into law by President Trump with bipartisan support. In the years since, this program has catalyzed community investments in resilient infrastructure, saving federal funds by investing in community preparedness before a disaster strikes.
    According to research, one dollar invested in disaster mitigation can save up to $18 in response and recovery expenditures. BRIC funds are making communities safer in the next storm through projects like upgrading and protecting wastewater and drinking water plants after the facilities suffered repeated flooding, or bridge upgrades and road drainage improvements to improve driver safety. Because of its benefits, the demand for BRIC grants continues to increase, and our states and communities benefit from the reliability of the funding cycles.
    The BRIC program also plays an essential role in helping Tribal Nations and rural communities strengthen their defenses against natural disasters and safeguard critical infrastructure. Through BRIC, Tribes and rural communities can access dedicated funding to strengthen community resilience by investing in hazard mitigation projects—such as flood protection, fire prevention, and infrastructure hardening—that are otherwise difficult to finance in rural or remote settings. Importantly, FEMA supports Tribal sovereignty by allowing Tribes to apply directly for funding, reserving a dedicated Tribal set-aside, and providing direct technical assistance—ensuring Tribes can lead their own planning and mitigation efforts. These investments not only strengthen community resilience but also honor the federal trust responsibility to support the safety, self-determination, and well-being of Tribal Nations.
    At the same time, we acknowledge that the BRIC program should be evaluated for opportunities to increase efficiency and reduce the complexities for recipients to access the critical resources. The benefits of the program should not be concentrated in or limited to jurisdictions with dedicated offices and the staff necessary to navigate the grant application requirements. Additionally, the program should be updated with a strategic approach that empowers states and local governments to address degraded and vulnerable infrastructure based on their localized priorities and understanding of risk.
    We urge the Administration to take swift action to reinstate the BRIC program, and to work with Congress to identify and implement reforms to strengthen our nation’s resilience for decades to come.
    Respectfully,

    MIL OSI USA News

  • MIL-OSI Economics: APEC Officials Propel AI and Demographic Agendas Jeju, Republic of Korea | 14 May 2025 Issued by the APEC Senior Officials’ Meeting Chairing the meeting, Ambassador Seongmee Yoon emphasized Korea’s vision for a forward-looking and action-oriented APEC agenda this year.

    Source: APEC – Asia Pacific Economic Cooperation

    As global uncertainties mount and long-term challenges reshape the economic landscape, APEC economies gathered in Jeju this week to accelerate collaboration on connectivity, innovation and prosperity.

    At their two-day meeting, senior officials advanced region-wide efforts on emerging priorities such as artificial intelligence, demographic transformation and economic integration, building on recent ministerial meetings and stakeholder dialogues.

    Chairing the meeting, Ambassador Seongmee Yoon emphasized Korea’s vision for a forward-looking and action-oriented APEC agenda this year.

    “Korea’s priorities this year reflect the urgent need to future-proof our economies,” Ambassador Yoon said. “We are advancing innovation not just in technology, but in how we cooperate, how we trade and how we prepare our people for what’s next. We are strengthening connections across borders, across sectors and between generations. And we are pursuing prosperity that benefits all the people in the region.”

    “This meeting in Jeju is where we take those ideas and turn them into deliverables,” she added. “As we move toward the APEC Economic Leaders’ Week in Gyeongju, Korea is committed to driving meaningful, cooperative outcomes that benefit the whole APEC region.”

    The meeting opened with updates from key stakeholder groups, including the APEC Business Advisory Council, the Senior Finance Officials’ Meeting, the Pacific Economic Cooperation Council and the APEC Study Centers Consortium.

    Senior officials reviewed outcomes from recent ministerial meetings on ocean sustainability and human resources development, where ministers underscored the need for resilient labor systems and sustainable marine economies. Ministerial meetings on education and trade will follow on 14 and 15–16 May, respectively.

    They also considered the next steps for Korea’s flagship deliverables, including the proposed APEC AI Initiative, which outlines a region-wide approach to harnessing artificial intelligence for inclusive and sustainable growth. The initiative promotes a shared outlook, capacity building and investment in sustainable AI infrastructure.

    Additionally, Korea’s proposed Collaborative Framework on Demographic Changes was discussed, aiming to help economies address the implications of declining fertility rate and aging populations.

    “APEC’s strength lies in its ability to bring economies together to tackle profound challenges without losing sight of practical outcomes,” said Eduardo Pedrosa, Executive Director of the APEC Secretariat.

    “In Jeju, we’re seeing that in action; real collaboration on the future of artificial intelligence, on adapting to demographic transitions and on strengthening economic integration. These are not abstract goals. They’re essential to building a region that is more competitive, more connected and more resilient.”

    The Committee on Trade and Investment reported progress on economic integration in the region, trade facilitation and the inclusive growth agenda. Discussions also covered the evolution of APEC’s structural reform priorities, services competitiveness and the transition from informal to formal economies.

    Ambassador Yoon encouraged officials to continue building consensus and delivering tangible results ahead of upcoming sectoral ministerial meetings and APEC Economic Leaders’ Week.

    “Our work here lays the groundwork for impactful deliverables in Gyeongju,” she concluded. “Let us move forward with clarity, urgency and a commitment to deliver on our vision.” 


    For more information or media inquiries, please contact:
    [email protected]

    MIL OSI Economics

  • MIL-Evening Report: ER Report: A Roundup of Significant Articles on EveningReport.nz for May 14, 2025

    ER Report: Here is a summary of significant articles published on EveningReport.nz on May 14, 2025.

    Young detainees often have poor mental health. The earlier they’re incarcerated, the worse it gets
    Source: The Conversation (Au and NZ) – By Emaediong I. Akpanekpo, PhD Candidate, School of Population Health, UNSW Sydney Populist rhetoric targeting young offenders often leads to kneejerk punitive responses, such as stricter bail laws and lowering the age of criminal responsibility. This, in turn, has led to more young people being held in detention.

    PNG police authorised to use lethal force with ‘domestic terrorist’ kidnappers as one hostage escapes
    RNZ Pacific An escape of a 13-year-old girl from a hostage crisis on the border of Papua New Guinea’s Western and Hela provinces has boosted hopes for the rescue of her fellow captives. The group of 10 people was taken captive early on Monday morning at Adujmari. PNG Police Commissioner David Manning has called the

    Political parties can recover after a devastating election loss. But the Liberals will need to think differently
    Source: The Conversation (Au and NZ) – By Frank Bongiorno, Professor of History, ANU College of Arts and Social Sciences, Australian National University Australia has just had its second landslide election in a row. In 2022, there was a landslide against the Liberals, but not to Labor, which fell over the line (as a majority

    NZ celebrates Rotuman as part of Pacific Language Week series
    By Grace Tinetali-Fiavaai, RNZ Pacific journalist Aotearoa celebrates Rotuman language as part of the Ministry for Pacific Peoples’ Pacific Language Week series this week. Rotuman is one of five UNESCO-listed endangered languages among the 12 officially celebrated in New Zealand. The others are Tokelaun, Niuean, Cook Islands Māori and Tuvaluan. This year’s theme is, ‘Åf’ạkia

    In Indonesia, Albanese has a chance to reset a relationship held back by anxiety and misperceptions
    Source: The Conversation (Au and NZ) – By Hangga Fathana, Assistant Professor of International Relations, Universitas Islam Indonesia (UII) Yogyakarta Prime Minister Anthony Albanese has wasted little time taking his first overseas trip since Labor won a historic victory in Australia’s federal election. He’ll head to Indonesia today to meet the country’s new president, Prabowo

    From GPS to weather forecasts: the hidden ways Australia relies on foreign satellites
    Source: The Conversation (Au and NZ) – By Cassandra Steer, Chair, Australian Centre for Space Governance, Australian National University Japan Meteorological Agency via Wikimedia You have probably used space at least 20 times today. Satellites let you buy a coffee with your phone, book a rideshare, navigate your way to meet someone, and check the

    Using a blue inhaler alone is not enough to manage your asthma
    Source: The Conversation (Au and NZ) – By Stephen Hughes, Lecturer in Pharmacy Practice, University of Sydney New Africa/Shutterstock Inhalers have been key to asthma management since the 1950s. The most common, salbutamol, comes in a familiar blue-coloured inhaler (or “puffer”). This kind of “rescue inhaler” brings quick relief from asthma symptoms. You may know

    The pay equity puzzle: can we compare effort, skill and risk between different industries?
    Source: The Conversation (Au and NZ) – By Gemma Piercy, Lecturer, Sociology, Social Policy and Criminology, University of Waikato Getty Images Last week’s move by the government to amend pay equity laws, using parliamentary urgency to rush the reforms through, caught opposition parties and New Zealanders off guard. Protests against the Equal Pay Amendment Bill

    Sussan Ley makes history, but faces unprecedented levels of difficulty
    Source: The Conversation (Au and NZ) – By Mark Kenny, Professor, Australian Studies Institute, Australian National University As if by visual metaphor, Sussan Ley’s task seemed both obvious and impossible in her first press conference as the new Liberal leader. Three years ago this month, Ley had done something uncannily similar to what Ted O’Brien

    View from The Hill: Ley says Liberals must ‘meet the people where they are’, but how can a divided party do that?
    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra Cynics point out that when a party turns to a woman leader, it is often handing her a hot mess. That’s certainly so with the federal Liberals, now choosing their first female leader in eight decades. For the Liberals, and

    It’s a hard job being environment minister. Here’s an insider’s view of the key challenges facing Murray Watt
    Source: The Conversation (Au and NZ) – By Peter Burnett, Honorary Associate Professor, ANU College of Law, Australian National University Australia’s new environment minister, Murray Watt, is reported to be a fixer. That’s good, because there’s a lot to fix. Being environment minister is a hard gig. It often requires difficult choices between environmental and

    AWPA calls on Albanese to raise West Papuan human rights with Prabowo
    Asia Pacific Report An Australian solidarity group for West Papuan self-determination has called on Australian Prime Minister Anthony Albanese to raise the human rights crisis in the Melanesian region with the Indonesian president this week. Albanese is visiting Indonesia for two days from tomorrow. AWPA has written a letter to Albanese making the appeal for

    The US and China have reached a temporary truce in the trade wars, but more turbulence lies ahead
    Source: The Conversation (Au and NZ) – By Peter Draper, Professor, and Executive Director: Institute for International Trade, and Jean Monnet Chair of Trade and Environment, University of Adelaide Defying expectations, the United States and China have announced an important agreement to de-escalate bilateral trade tensions after talks in Geneva, Switzerland. The good, the bad

    Physicists at the Large Hadron Collider turned lead into gold – by accident
    Source: The Conversation (Au and NZ) – By Ulrik Egede, Professor of Physics, Monash University Sunny Young / Unsplash Medieval alchemists dreamed of transmuting lead into gold. Today, we know that lead and gold are different elements, and no amount of chemistry can turn one into the other. But our modern knowledge tells us the

    New Caledonia riots one year on: ‘Like the country was at war’
    SPECIAL REPORT: By Lydia Lewis, RNZ Pacific presenter/bulletin editor Stuck in a state of disbelief for months, journalist Coralie Cochin was one of many media personnel who inadvertently put their lives on the line as New Caledonia burned. “It was very shocking. I don’t know the word in English, you can’t believe what you’re seeing,”

    New Caledonia riots one year on: ‘Like the country was at war’
    SPECIAL REPORT: By Lydia Lewis, RNZ Pacific presenter/bulletin editor Stuck in a state of disbelief for months, journalist Coralie Cochin was one of many media personnel who inadvertently put their lives on the line as New Caledonia burned. “It was very shocking. I don’t know the word in English, you can’t believe what you’re seeing,”

    From nuclear to nature laws, here’s where new Liberal leader Sussan Ley stands on 4 energy and environment flashpoints
    Source: The Conversation (Au and NZ) – By Justine Bell-James, Professor, TC Beirne School of Law, The University of Queensland Sussan Ley has been elected Liberal leader after defeating rival Angus Taylor in a party room vote on Tuesday. Now the leadership question is settled, the hard work of rebuilding the party can begin. In

    The ‘extroverted’ north and ‘introverted’ south: how climate and culture influence Iranian architecture
    Source: The Conversation (Au and NZ) – By Mahsa Khanpoor Siahdarka, PhD Candidate in Built Environment, RMIT University Shutterstock The architecture of northern Iran exhibits an extroverted quality. Buildings are designed to let in the sounds of rain, birds and rustling trees, as well as scents of nature. Architecture in this region is characterised by

    ER Report: A Roundup of Significant Articles on EveningReport.nz for May 13, 2025
    ER Report: Here is a summary of significant articles published on EveningReport.nz on May 13, 2025.

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI USA: Ricketts Introduces PORCUPINE Act to Support Taiwan’s Self-Defense

    US Senate News:

    Source: United States Senator Pete Ricketts (Nebraska)

    WASHINGTON, D.C. – Today, U.S. Senator Pete Ricketts (R-NE) introduced the Providing Our Regional Companions Upgraded Protection in Nefarious Environments (PORCUPINE) Act. Senator Chris Coons (D-DE) is the lead Democrat sponsor. The PORCUPINE Act will help streamline the process for arms sales to Taiwan regulated by the Arms Export Control Act. Currently, sales to NATO member states and other close allies and partners of the United States have shorter congressional notification timelines and higher threshold values. However, Taiwan is not currently included on that list. The bill will also make it easier for our allies and partners to send U.S.-origin weapons to Taiwan. 

    On my recent CODEL to Taiwan, I saw a partner ready and willing to provide for its own self-defense in the face of increasing aggression by Communist China,” said Ricketts. “However, our antiquated arms sales process and struggling defense industrial base have prevented Taiwan from getting the weapons it needs in a timely manner. The PORCUPINE Act will make it easier for us to send arms to Taiwan, quicker, while also creating a process for our closest allies and partners to do the same.”

    “Taiwan is on the front lines of a free and open Indo-Pacific, and defending the island and our values requires that we swiftly provide the weapons systems it needs—but in the face of Chinese greyzone pressure and the constant threat of invasion, it takes far too long to deliver these weapons,” said Coons. “China isn’t going to bide its time and wait for arms sales to be completed before launching an attack. Passing the PORCUPINE Act today is the first of many steps we need to take to update our arms sales process and ensure our Taiwanese partners have what they need to defend themselves.”

    The PORCUPINE Act would:

    • Put Taiwan in the NATO-plus category for shorter formal Congressional notification times and higher weapons value thresholds.
    • Require the Secretary of State to establish an expedited decision-making process for blanket third party transfers of defense articles and services from NATO member countries, Japan, Australia, the Republic of Korea, New Zealand or Israel to Taiwan, including transfers and re-transfers of U.S. origin grant, FMS, and DCS end-items not covered by an exemption under the International Traffic in Arms Regulations (ITAR).

    BACKGROUND:

    Under the Arms Export Control Act (AECA), the Department of State (State) submits to the Senate Foreign Relations Committee and House Foreign Affairs Committee a notification of a prospective major arms sale before the executive branch takes further formal action. This allows committees to ask questions or raise concerns prior to State initiating a formal notification. State will generally not proceed as long as one of the four corners has a hold on a sale during the informal process. 

    After the informal notification process is complete, the AECA requires the President to formally notify Congress 30 days before issuing a Letter of Offer and Acceptance (LOA) for an Foreign Military Sales(FMS)-administered sale, enhancement, or upgrading of major defense equipment valued at $14 million or more; the sale, enhancement, or upgrading of defense articles or services valued at $50 million or more; or the sale, enhancement, or upgrading of design and construction services valued at $200 million or more. In the case of such sales to NATO member states, NATO, Japan, Australia, South Korea, Israel, or New Zealand, the President must formally notify Congress 15 calendar days before proceeding with the sale. The prior notice threshold values for transfers to these recipients are $25 million for the sale, enhancement, or upgrading of major defense equipment; $100 million for the sale, enhancement, or upgrading of defense articles and defense services; and $300 million for the sale, enhancement, or upgrading of design and construction services.

    A similar process for formal notification times and thresholds exists between NATO-Plus countries and other countries for Direct Commercial Sales (DCS), as well. FMS involves the U.S. government acting as an intermediary, facilitating a government-to-government transaction, while DCS allows direct contracts between US companies and foreign entities. DCS offers more flexibility in contract terms and conditions. FMS often include a “total package” approach, encompassing training, spare parts, and other support, potentially leading to higher initial costs. FMS contracts typically adhere to U.S. military standards, ensuring interoperability with US forces. DCS contracts may offer non-standard configurations.

    MIL OSI USA News

  • MIL-OSI New Zealand: Proposed amendments to the Organic Export Requirements: Recognised Agencies and Persons

    Source: police-emblem-97

    Have your say

    New Zealand Food Safety is consulting on changes to the Organic Export Requirement: Recognised Agencies and Persons (OER: RAP). The OER: RAP forms part of the Official Organic Assurance Programme (OOAP).

    The OER: RAP was last updated in March 2023. Since then, we’ve identified areas where further changes are needed to foster continuous improvement on the requirements for agencies and persons.

    The proposed updates aim to improve definitions, recognition criteria, and suspension rules.

    This consultation is separate to the development of the new Organic Products and Production Act 2023, proposed new regulations, and the national standard for organic food, beverages, and plant and animal products.

    We are accepting submissions from 14 May until 5pm on 11 June 2025.

    What’s being proposed?

    The proposed changes include amendments to:

    • definitions
    • requirements for recognition of agencies and persons
    • requirements for suspension of recognition
    • contract for services as a recognised agency for OOAP, including the addition of a schedule to the contract for health and safety.

    All proposed additions in the draft OER: RAP are highlighted in yellow. Text that we propose to delete from the existing OER: RAP is not shown. Note that your feedback on the draft OER: RAP should be restricted to the proposed amendments.

    Consultation documents

    Draft OER: RAP for consultation [PDF, 967 KB]

    Summary of proposed changes to the OER: RAP [PDF, 200 KB]

    Related document

    Existing Organic Export Requirement: Recognised Agencies and Persons [PDF, 489 KB]

    Making your submission

    Email your feedback on the proposed amendments by 5pm on 11 June 2025 to organics@mpi.govt.nz

    We encourage you to use the submission template.

    Submission template [DOCX, 97 KB]

    While we prefer email, you can post your submission to:

    OOAP: Organic Production Rules Consultation
    Plant, Wine, and Organic Assurance
    Assurance Directorate
    Ministry for Primary Industries
    PO Box 2526
    Wellington 6140
    New Zealand.

    What to include

    Make sure you tell us in your submission:

    • the title of the consultation document
    • your name and title
    • your organisation’s name (if you are submitting on behalf of an organisation, and whether your submission represents the whole organisation or a section of it)
    • your contact details (such as phone number, address, and email).

    Submissions are public information

    Note that all, part, or a summary of your submission may be published on this website. Most often this happens when we issue a document that reviews the submissions received.

    People can also ask for copies of submissions under the Official Information Act 1982 (OIA). The OIA says we must make the content of submissions available unless we have good reason for withholding it. Those reasons are detailed in sections 6 and 9 of the OIA.

    If you think there are grounds to withhold specific information from publication, make this clear in your submission or contact us. Reasons may include that it discloses commercially sensitive or personal information. However, any decision MPI makes to withhold details can be reviewed by the Ombudsman, who may direct us to release it.

    Official Information Act 1982 – NZ Legislation

    MIL OSI New Zealand News

  • MIL-OSI Russia: The growth rate and potential of the Chinese market are attractive to American companies

    Translation. Region: Russian Federal

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

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

    Peng Zhenke, president of Pfizer China and chairman of the executive committee of the pharmaceutical research and development working committee of the China Association of Foreign-Invested Enterprises, recently announced Pfizer’s plans to invest another US$1 billion in China by 2030. The company has already opened a new research and development center in Beijing and an innovation center in Hangzhou.

    Zhang Jianping, deputy director of the academic committee of the Institute of International Trade and Economic Cooperation under the Ministry of Commerce of China, noted that investments by American companies in China can be divided into two main categories:

    First, market-oriented: companies that provide goods and services directly to the Chinese market, such as Tesla, Starbucks, and General Motors, which make significant profits in China.

    Second, global supply chain oriented: companies that use China as an important base for organizing supply chains and creating added value on a global scale, seeking maximum benefit. A typical example is Apple.

    China has enormous growth potential, making it particularly attractive to American companies, especially multinational corporations.

    Cui Shoujun, a professor at the School of International Relations at Renmin University of China, identifies three key aspects that determine the irreplaceable strategic value of the Chinese market for many American companies:

    First, the advantages of a super-large market: China, with a population of over 1.4 billion and a middle-income group of over 400 million, has huge demand. Growing urbanization in China has driven steady growth in demand for home appliances, automobiles, communications, medical services and other consumer goods.

    Secondly, the obvious advantages of the full industrial chain: China has 41 major industrial categories, 207 medium sub-categories and 666 minor sub-categories, being the only country in the world represented in all industrial sectors of the UN classification. China’s supply chain is not only comprehensive and complete, but also extremely flexible and responsive.

    Third, continuous expansion of high-level opening-up and optimization of the business environment: China creates favorable conditions for the development of foreign companies, including American ones.

    Peng Yu, director of the International Trade Research Department at the Institute of World Economy, Shanghai Academy of Social Sciences, stressed that the Chinese market provides American companies with many business and profit opportunities. China is the largest export market for American soybeans and cotton, the second-largest export market for integrated circuits and coal, and the third-largest export market for medical equipment and automobiles.

    MIL OSI Russia News

  • MIL-OSI China: Canadian PM Carney unveils new cabinet

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

    Canadian Prime Minister Mark Carney unveiled on Tuesday a new cabinet.

    The new cabinet, Carney’s second but his first since being elected, includes a core group of 28 ministers and 10 secretaries of state.

    Anita Anand replaced Mélanie Joly as Minister of Foreign Affairs. Joly became Industry Minister.

    Dominic LeBlanc’s new title is president of the King’s Privy Council for Canada and minister responsible for Canada-U.S. Trade, intergovernmental affairs and one Canadian economy.

    François-Philippe Champagne remains Finance Minister and took on the additional role of Revenue Minister.

    Carney’s Liberal Party won the parliamentary elections in Canada last month to form a minority government. The House of Commons’ sitting calendar currently has May 26 listed as the first sitting date for MPs. 

    MIL OSI China News

  • MIL-OSI USA: Ahead of Sec. Kennedy Testifying Before The Senate, Gillibrand, Schumer Demand Answers On Chaos At The World Trade Center Health Program After Kennedy And President Trump Broke Promises, Fired Workers, And Gutted The Vital Health Care Of 9/11 First Responders

    US Senate News:

    Source: United States Senator for New York Kirsten Gillibrand

    Ahead of Secretary Kennedy’s Testimony Before Senate HELP Committee, Senators Say 9/11 First Responders Deserve Clear Answers On Safety Of Their Health Care After Recurring Firings Of Medical Staff & Lack Of Transparency 

    Gillibrand, Schumer: “Secretary Kennedy Must Honor America’s Promise To Never Forget Our 9/11 Heroes”

    *** Watch The Full Press Conference HERE ***

    Today, U.S. Senator Kirsten Gillibrand and Senate Democratic Leader Chuck Schumer held a press conference demanding answers from Secretary of Health and Human Services Robert F. Kennedy Jr. on ongoing chaos, recurring cuts, sudden reversals, and lack of transparency at the World Trade Center Health Program (WTCHP). They were joined by 9/11 advocate John Feal; President of Citizens for the Extension of the James Zadroga Act and President of Local 94 International Union of Operating Engineers Thomas Hart; President of the Uniformed Firefighters Association Local 94 IAFF AFL-CIO Andrew Ansbro; and 9/11 survivor and advocate Mariama James.

    The press conference comes ahead of Secretary Kennedy’s appearance in front of the Senate Committee on Health, Education, Labor, and Pensions (HELP), where he is expected to be asked about his plan to honor our promise to 9/11 first responders and survivors and ensure they get the health care they are owed.

    Since Trump has taken office, there has been constant upheaval at the WTCHP — including the firing of critical staff and release of inaccurate information about rehiring and program operation – which has disrupted continuity of care for 9/11 survivors and first responders with 9/11-related health issues, including cancer and lung ailments. In February 2025, the Trump administration slashed the workforce of the World Trade Center Health Program (WTCHP) as part of DOGE’s senseless cuts to the federal health system. In response, Schumer and Gillibrand, together with a bipartisan group of House members, called on the administration to reverse the cuts. The Trump administration relented and re-hired WTCHP staff. Most recently, last month, nearly all staff at the National Institute of Occupational Safety and Health (NIOSH) including Dr. John Howard, the administrator of the WTCHP, were fired. On April 5th HHS and NY House Republicans said Dr. Howard was rehired, but it later came out that was not true and for nearly a month his position was stuck in limbo, delaying the treatment of care for 9/11 first responders.

    While some staff have been rehired, the disruptions have led to cancer treatment being denied; enrollments for as many as 800 9/11 responders and survivors halted; and processing of nearly 1,200 written treatment approvals stopped. Access to treatment has been hindered for those impacted by the toxic chemicals at Ground Zero, the Pentagon, and the Shanksville crash site.

    Senators Gillibrand and Schumer have reached out to Secretary Kennedy directly demanding clear answers on the status of operations at the WTCHP, including whether or not WTCHP Administrator John Howard is being reinstated; whether or not there was a month-long pause in enrolling new members; whether CDC and NIOSH staff that support the WTCHP will be reinstated; and whether the administration will support the senators’ legislation to address the WTCHP’s impending funding deficit. 

    “We are tremendously concerned about the conflicting reports that the World Trade Center Health Program (WTCHP) has stopped providing services to injured and ill 9/11 responders and survivors. We have worked for years alongside first responders and community leaders to get Congress to recognize the health effects of toxic exposure and ensure that our nation’s heroes get the care they deserve,” wrote the senators in a letter to Secretary Kennedy.  “That is why we are truly dismayed at what staff at the Department of Health and Human Services (HHS) and the DOGE staffers have done in just one hundred days. We write to get clear information on what has happened with staff of the World Trade Center Health Program and the ability for survivors of 9/11 to get necessary careTo support the function of the World Trade Center Health Program, Dr. Howard must be fully restored to his position, including past June 2, and the WTCHP staff must be brought to full strength, permanently reinstating the medical, epidemiological, contract, grant, and support staff.  This needs to be done immediately. The CDC and NIOSH staff that support and work on behalf of 9/11 responders and survivors must be restored and HHS’ external “communications pause” must be lifted so Members of Congress are able to receive up to date information on WTCHP operations.”

    The full text of the senators’ letter to the WTCHP is available here.

    MIL OSI USA News

  • MIL-OSI USA: Rep. Nadler, Goldman, Lead New York Delegation Letter to HHS Secretary Kennedy Demanding Answers Regarding the Ongoing Instability at the World Trade Center Health Program

    Source: United States House of Representatives – Congressman Jerrold Nadler (10th District of New York)

    Today, Representatives Jerrold Nadler (NY-12), Dan Goldman (NY-10) sent a letter to U.S. Department of Health and Human Services Secretary Robert F. Kennedy, regarding the ongoing instability at the World Trade Center Health Program (WTCHP).

    They were joined on the letter by Representatives Yvette Clarke (NY-09), Ritchie Torres (NY-15), Paul Tonko (NY-20), Hakeem Jeffries (NY-08), Alexandria Ocasio-Cortez (NY-14), John Mannion (NY-22), Nydia Velázquez (NY-07), Gregory Meeks (NY-05), Adriano Espaillat (NY-13), George Latimer (NY-16), Tom Suozzi (NY-3), Pat Ryan (NY-18), Laura Gillen (NY-04), Timothy Kennedy (NY-26), Grace Meng (NY-6), Joseph Morelle (NY-25), and Josh Riley (NY-19). 

    The WTCHP provides essential medical monitoring and treatment to over 137,000 responders and survivors from the World Trade Center and lower Manhattan, the Pentagon, and the Shanksville crash site.

    In the letter, the Members write, “Since January, the Trump Administration has attempted to fire critical WTCHP staff at least three times. In each instance, the U.S. Department of Health and Human Services (HHS) reversed course only after facing intense public backlash.”

    The Members continue, “We are deeply disturbed by reports that, beginning in April, the WTCHP was functionally paralyzed. The program reportedly halted new member enrollments—including more than 800 eligible 9/11 responders and survivors—and left over 1,200 condition certifications in limbo. This backlog prevented clinics from initiating critical cancer treatments and other essential care. The abrupt removal of Dr. John Howard and 16 key staff members, followed by misleading public statements from HHS denying those very terminations, has seriously undermined public trust in the agency’s stewardship of this lifesaving program… Our 9/11 first responders and survivors deserve honesty, stability, and respect—not chaos and deception.”

    The full text of the letter can be found here.

    MIL OSI USA News

  • MIL-OSI USA: Attorney General Bonta Continues to Challenge Tariffs on All Fronts: President Trump Lacks the Authority to Impose Tariffs

    Source: US State of California Department of Justice

    Files brief in support of states rocked by tariffs across the country 

    OAKLAND — California Attorney General Rob Bonta and Governor Gavin Newsom today filed an amicus brief in Oregon v. Trump, a case challenging President Trump’s illegal imposition of so called “emergency” tariffs under the International Emergency Economic Powers Act (IEEPA). Last month, Attorney General Bonta and Governor Newsom filed a lawsuit challenging President Trump’s unlawful use of power to levy tariffs via over a dozen executive orders under the IEEPA. In the brief filed today in the Court of International Trade, Attorney General Bonta argued that the Trump Administration’s interpretation of its authority under IEEPA is incorrect — the Act’s language does not provide the authority impose tariffs. 

    “President Trump’s illegal tariffs impact businesses, consumers, and states across the nation and it is our responsibility as state leaders to advocate and defend our people against harmful — and illegal — actions,” said Attorney General Bonta. “It’s simple, the statute that the President is using to impose his chaotic tariffs clearly does not include the authority to do so, any reading of it as such is wild, nonsensical, and irresponsible.”  

    BACKGROUND

    In the past few months, President Trump has issued over a dozen executive orders imposing, pausing, reimposing, and escalating tariffs on every U.S. trading partner, and claimed authority to do so under IEEPA. New tariffs are chaotically contemplated, announced, or delayed nearly every day. The uncertainty surrounding the tariffs is itself causing immediate harm to California by incapacitating its ability to budget and plan for the future and chilling the economy — as businesses and people pause decision-making and lose out on opportunities. 

    While difficult to calculate due to their frenzied nature, most estimates put the new average tariff rate at or above 25%. The current IEEPA tariff regime imposes a universal tariff of 10% on all U.S. trading partners, with tariff increases as high 50% on more than 50 specific trading partners set to go into effect on July 9, 2025. 

    Separately, Canada and Mexico are subject to IEEPA tariffs of up to 25%, which are currently in effect after being paused and then re-started. China is subject to an ever-changing combination of IEEPA tariffs that reached a staggering rate of 145%, and as of the publication of this press release, plummeted down to 30% under the 90-day pause. The claimed rationales for each of these tariffs is wide-ranging and difficult to follow from trade deficits and foreign trade practices to immigration, crime, and illicit drugs. In response to President Trump’s tariffs, major U.S. trading partners including China, Canada, and the European Union have imposed or announced retaliatory tariffs — China’s retaliatory tariffs alone reached 125%.

    The impact of President Trump’s unprecedented IEEPA tariffs is devastating and unprecedented. The near-daily threats to impose new tariffs have already inflicted and continue to inflict serious financial harms on California and states across the nation — with the largest burden expected to fall on the poorest Americans, who cannot absorb the loss of wages or the greater cost of goods. 

    President Trump’s tariff regime will:

    • Reduce Americans’ incomes and productivity: Tariffs are expected to reduce the labor supply by 546,000 full-time jobs. 
    • Cause higher prices and less availability of goodsleading to goods shortages and supply chain disruptions: The Port of Los Angeles saw a third of import volume disappear as of the first week of May, which will hit the availability of goods in stores in only a few weeks. 
    • Wreak havoc on our financial systems: The U.S. stock market suffered the largest two-day loss in its history in the two days following the announcement of President Trump’s most sweeping tariffs. 
    • Generate enormous economic damage to both the U.S. economy and the California economy: Tariffs, on net, reduce production, income, and efficiency. 
    • Raise the probability of a recession: Recessions are damaging to public finance and state budgets — budget pressures can also mean cessation of spending in areas of pressing need, such as public safety, education, and disaster preparedness.

    A copy of the brief is available here.  

    MIL OSI USA News

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

    US Senate News:

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

    MIL OSI USA News

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

    SOURCE: Japan External Trade Organization (JETRO)

    Seeking opportunities in African markets with diverse business contents

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

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

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

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

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

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

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

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

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

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

    Overview

    TICAD9

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

    TICAD Business Expo & Conference

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

    About Japan Fair

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

    *Of the above number, 107 participants are SMEs

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

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

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

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

    Attachment

    List of expected participating companies/organisations  

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

    MIL OSI – Submitted News

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

    Source: – Press Release/Statement:

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

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

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

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

    Specifically, CanREA would like to congratulate: 

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

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

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

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

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

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

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

    Quotes

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

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

    For interview opportunities, please contact: 

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

    About CanREA 

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

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

    MIL OSI Economics

  • Coal imports fall by 9.2% in April–February period, saving nearly $7 billion in forex

    Source: Government of India

    Source: Government of India (4)

    India’s coal imports fell sharply by 9.2% during the April 2024 to February 2025 period, amounting to 220.3 million tonnes (MT) compared to 242.6 MT in the same period of the previous financial year. This decline translated into foreign exchange savings of approximately $6.93 billion (₹53,137.82 crore), according to data released by the Ministry of Coal.
     
    The drop was more pronounced in the Non-Regulated Sector, which excludes the power sector, where imports declined by 15.3% year-on-year. Even as coal-based power generation registered a growth of 2.87% during the same period, imports for blending by thermal power plants saw a steep reduction of 38.8%. The trend underscores India’s efforts to reduce dependence on imported coal and strengthen domestic supply.
     
    The Ministry attributed the drop in imports to a series of policy initiatives, including Commercial Coal Mining and Mission Coking Coal, which are aimed at enhancing self-sufficiency in coal production. These measures have also helped domestic coal output grow by 5.45% during the April 2024 to February 2025 period compared to the same stretch in the previous fiscal.
     
    Coal continues to be a cornerstone of India’s energy needs, particularly for core sectors such as power, steel, and cement. However, challenges remain in meeting demand for coking coal and high-grade thermal coal, which are not adequately available in India’s reserves. Imports have therefore played a crucial role, especially for the steel industry.
  • MIL-OSI Europe: Answer to a written question – State of the automotive industry in Europe – E-002579/2024(ASW)

    Source: European Parliament

    The Commission undertook a thorough analysis of the economic, social and environmental impacts before proposing amendments to the CO2 emission standards for cars and vans in 2021[1] and considered the developments in other regions of the world, including China. The Commission continues to monitor the progress towards zero-emission road mobility and it will submit its first biennial report by the end of 2025.

    On 5 March 2025, the Commission put forward an Action Plan for the European automotive sector[2], which builds on a Strategic Dialogue launched by the President of the Commission[3]. The action plan includes a package of measures to further support the EU battery industry, including financing under the Innovation Fund, looking into direct production support to companies producing batteries and non-price criteria for components such as resilience requirements. This complements the existing public support, which has been essential to the development of the EU battery industry, including the two battery-related Important Projects of Common European Interest[4], alongside the support provided by Member States through the Temporary Crisis and Transition Framework[5].

    During his hearing, the Commissioner for Energy and Housing highlighted the role of nuclear energy in supporting decarbonisation and competitiveness in Europe. Nuclear energy is, and will continue to be, an integrated part of the EU energy mix. The planned EU Clean Energy Investment Strategy will address the investment needs for nuclear energy and will be underpinned by a Nuclear Illustrative Programme. Moreover, the Commission facilitates the development and deployment of small modular reactors in Europe within the dedicated Industrial Alliance[6].

    • [1] Impact assessment accompanying Proposal for a regulation of the European Parliament and of the Council amending Regulation (EU) 2019/631 as regards strengthening the CO2 emission performance standards for new passenger cars and new light commercial vehicles in line with the EU’s increased climate ambition.
    • [2] https://transport.ec.europa.eu/document/download/89b3143e-09b6-4ae6-a826-932b90ed0816_en?filename=Communication%20-%20Action%20Plan.pdf .
    • [3] https://ec.europa.eu/commission/presscorner/detail/en/ip_25_378 .
    • [4] https://www.ipcei-batteries.eu/.
    • [5] https://competition-policy.ec.europa.eu/state-aid/temporary-crisis-and-transition-framework_en.
    • [6] https://single-market-economy.ec.europa.eu/industry/industrial-alliances/european-industrial-alliance-small-modular-reactors_en.
    Last updated: 13 May 2025

    MIL OSI Europe News