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Category: Trade
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MIL-OSI United Kingdom: Increased funding for entrepreneurial education
Source: Scottish Government
Up to £1.2 million to engage the next generation in business creation.
Funding to inspire young people to set up their own business has been increased by more than a third.
The Entrepreneurial Education Fund 2025-26 will make up to £1.2 million available for courses and projects that will encourage more young people, from a wide range of backgrounds, to choose business ownership as a career path.
Last year’s Fund supported programmes that embedded entrepreneurial education in Scotland’s classrooms right through school from P1 to S6.
The scope of this year’s fund has been expanded further to encourage more applications for vocational programmes equivalent to SCQF Levels 7 and 8.
Deputy First Minister Kate Forbes said:
“Fostering and supporting entrepreneurial talent is vital for ensuring a growing, thriving economy and the Scottish Government continues to invest in expanding the pipeline of support available to help this and the next generation of business founders to succeed.
“Entrepreneurial education helps build the mindset, skills and attitudes needed to succeed. It also, critically, increases participation from an early age, breaking down barriers to people considering entrepreneurship as a career choice.
“Last year’s Fund was run competitively for the first time, resulting in a diverse set of programmes to inspire young people across all school ages. With increased funding and further expansion to the scheme this year we are putting in place strong foundations to embed an entrepreneurial mindset at a crucial time.”
Chief Entrepreneur Ana Stewart said:
“Scotland’s future economy will be built by the bold ideas and creative minds we nurture today. This new round of the Entrepreneurial Education Fund will help to further embed innovation and ambition into entrepreneurial learning and teaching programmes. Importantly, this competitive fund will encourage innovation and impact by offering support to new providers in the field, as well as the more established organisations.
“By investing in the next generation of potential founders, we are shaping a culture where entrepreneurship is accessible, inclusive, and a natural path for anyone to turn an idea into a business.”
Daydream Believers received £146,200 from the Scottish Government’s Entrepreneurial Education Fund in 2024-25 to develop the Dreamers and Doers Playlist, a 120-hour learning programme delivered in schools across the country.
Managing Director of Daydream Believers Helena Good MBE said:
“Funding from the Scottish Government allowed us to take Creative Thinking to the next level, creating a resource that’s bold, joyful, and built to last. It’s laid the foundations for a lasting legacy, one we’re excited to build on as we grow, collaborate, and continue re-imagining what learning can be.”
Background
The Entrepreneurial Education Pathways Fund is open for applications until 20 August 2025. Grants of up to £250,000 are available to public and private sector organisations to deliver courses and projects
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India expected to clock 6.6 pc growth in FY26 despite uncertain global outlook
Source: Government of India
Source: Government of India (4)
India is expected to expand close to its trend growth in FY26, supported by better consumption demand on recent monetary easing, income tax reductions, good monsoon rains, and the prospect of continued lower oil prices, according to a report on Tuesday.
The Standard Chartered global outlook report expects India to clock steady GDP growth of 6.6 per cent in FY26 compared to 6.5 per cent in FY25. While strong macro fundamentals provide the cushion, the bank also flags that India is not immune to tariff risk and the outcome of trade talks with the US and the EU will be key to growth prospects.
The confidence on India’s growth outlook comes even as the bank has lowered its 2025 global growth forecast slightly to 3.1 per cent from the 3.2 per cent earlier amid still-elevated trade policy uncertainty.
Anubhuti Sahay, Head of India Economic research, expects improvement in real purchasing power in FY26. However, she also said, “While urban demand is expected to stay supported on countercyclical measures, urban households may partially use the benefits from lower rates and tax cuts to deleverage and boost savings.”
“A combined fiscal deficit sustainably below 7 per cent of GDP is an important criterion for a rating upgrade, as highlighted by S&P when it upgraded India’s sovereign rating outlook to positive in 2024. FY26 will be the first year when combined fiscal deficit will be below 7 per cent of GDP. We also see a high probability of it staying below 7 per cent on a medium-term basis,” Sahay added.
Overall, globally, the report sees growing downside risks to the US economy in H2 (second half) 2025, after greater resilience than expected in H1 (first half). The inflationary impact of US tariffs is likely to constrain Fed monetary easing, with scope for one more 25bps rate cut in 2025, although there is a risk of a bigger 50 bps move at the September meeting.
China’s trend growth is likely to slow. While the worst of the US-China trade war appears to be over, with China’s dominance of rare-earths production proving to be an effective bargaining tool, China’s economy remains vulnerable to higher effective tariffs. Export growth, a key source of growth since COVID-19, could slow meaningfully by the end of 2025, the report added.
(IANS)
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MIL-OSI Asia-Pac: President Lai meets cross-party Irish Oireachtas delegation
Source: Republic of China Taiwan
Details
2025-07-22
President Lai meets official delegation from European Parliament’s Special Committee on the European Democracy Shield
On the morning of July 22, President Lai Ching-te met with an official delegation from the European Parliament’s Special Committee on the European Democracy Shield (EUDS). In remarks, President Lai thanked the committee for choosing to visit Taiwan for its first trip to Asia, demonstrating the close ties between Taiwan and Europe. President Lai emphasized that Taiwan, standing at the very frontline of the democratic world, is determined to protect democracy, peace, and prosperity worldwide. He expressed hope that we can share our experiences with Europe to foster even more resilient societies. A translation of President Lai’s remarks follows: Firstly, on behalf of the people of Taiwan, I extend a warm welcome to your delegation, which marks another official visit from the European Parliament. The Special Committee on the EUDS aims to strengthen societal resilience and counter disinformation and hybrid threats. Having been constituted at the beginning of this year, the committee has chosen to visit Taiwan for its first trip to Asia, demonstrating the close ties between Taiwan and Europe and the unlimited possibilities for deepening cooperation on issues of concern. I am also delighted to see many old friends of Taiwan gathered here today. I deeply appreciate your longstanding support for Taiwan. Taiwan and the European Union enjoy close trade and economic relations and share the values of freedom and democracy. However, in recent years, we have both been subjected to information manipulation and infiltration by foreign forces that seek to interfere in democratic elections, foment division in our societies, and shake people’s faith in democracy. Taiwan not only faces an onslaught of disinformation, but also is the target of gray-zone aggression. That is why, after taking office, I established the Whole-of-Society Defense Resilience Committee at the Presidential Office, with myself as convener. The committee is a platform that integrates domestic affairs, national defense, foreign affairs, cybersecurity, and civil resources. It aims to strengthen the capability of Taiwan’s society to defend itself against new forms of threat, pinpoint external and internal vulnerabilities, and bolster overall resilience and security. The efforts that democracies make are not for opposing anyone else; they are for safeguarding the way of life that we cherish – just as Europe has endeavored to promote diversity and human rights. The Taiwanese people firmly believe that when our society is united and people trust one another, we will be able to withstand any form of authoritarian aggression. Taiwan stands at the very frontline of the democratic world. We are determined to protect democracy, peace, and prosperity worldwide. We also hope to share our experiences with Europe and deepen cooperation in such fields as cybersecurity, media literacy, and societal resilience. Thank you once again for visiting Taiwan. Your presence further strengthens the foundations of Taiwan-Europe relations. Let us continue to work together to uphold freedom and democracy and foster even more resilient societies. EUDS Special Committee Chair Nathalie Loiseau then delivered remarks, saying that the delegation has members from different countries, including France, Germany, the Czech Republic, Poland, and Belgium, and different political parties, but that they have in common their desire for stronger relations between the EU and Taiwan. Committee Chair Loiseau stated that the EU and Taiwan, having many things in common, should work more together. She noted that we have strong trade relations, strong investments on both sides, and strong cultural relations, while we are also facing very similar challenges and threats. She said that we are democracies living in a world where autocracies want to weaken and divide democracies. She added that we also face external information manipulation, cyberattacks, sabotage, attempts to capture elites, and every single gray-zone activity that aims to divide and weaken us. Committee Chair Loiseau pointed out another commonality, that we have never threatened our neighbors. She said that we want to live in peace and we care about our people; we want to defend ourselves, not to attack others. We are not being threatened because of what we do, she emphasized, but because of what we are; and thus there is no reason for not working more together to face these threats and attacks. Committee Chair Loiseau said that Taiwan has valuable experience and good practices in the area of societal resilience, and that they are interested in learning more about Taiwan’s whole-of-society approach. They in Europe are facing interference, she said, mainly from Russia, and they know that Russia inspires others. She added that they in the EU also have experience regulating social media in a way which combines freedom of expression and responsibility. In closing, the chair said that they are happy to have the opportunity to exchange views with President Lai and that the European Parliament will continue to strongly support relations between the EU and Taiwan. The delegation also included Members of the European Parliament Engin Eroglu, Tomáš Zdechovský, Michał Wawrykiewicz, Kathleen Van Brempt, and Markéta Gregorová.Details
2025-07-17
President Lai meets President of Guatemalan Congress Nery Abilio Ramos y Ramos
On the morning of July 17, President Lai Ching-te met with a delegation led by Nery Abilio Ramos y Ramos, the president of the Congress of the Republic of Guatemala. In remarks, President Lai thanked Congress President Ramos and the Guatemalan Congress for their support for Taiwan, and noted that official diplomatic relations between Taiwan and Guatemala go back more than 90 years. As important partners in the global democratic community, the president said, the two nations will continue moving forward together in joint defense of the values of democracy and freedom, and will cooperate to promote regional and global prosperity and development. A translation of President Lai’s remarks follows: I recall that when Congress President Ramos visited Taiwan in July last year, he put forward many ideas about how our countries could promote bilateral cooperation and exchanges. Now, a year later, he is leading another cross-party delegation from the Guatemalan Congress on a visit, demonstrating support for Taiwan and continuing to help deepen our diplomatic ties. In addition to extending a sincere welcome to the distinguished delegation members who have traveled so far to be here, I would also like to express our concern and condolences for everyone in Guatemala affected by the earthquake that struck earlier this month. We hope that the recovery effort is going smoothly. Official diplomatic relations between Taiwan and Guatemala go back more than 90 years. In such fields as healthcare, agriculture, education, and women’s empowerment, we have continually strengthened our cooperation to benefit our peoples. Just last month, Guatemala’s President Bernardo Arévalo and the First Lady led a delegation on a state visit to Taiwan. President Arévalo and I signed a letter of intent for semiconductor cooperation, and also witnessed the signing of cooperation documents to establish a political consultation mechanism and continue to promote bilateral investment. This has laid an even sounder foundation for bilateral exchanges and cooperation, and will help enhance both countries’ international competitiveness. Taiwan is currently running a semiconductor vocational training program, helping Guatemala cultivate semiconductor talent and develop its tech industry, and demonstrating our determination to share experience with democratic partners. At the same time, we continue to assist Taiwanese businesses in their efforts to develop overseas markets with Guatemala as an important base, spurring industrial development in both countries and increasing economic and trade benefits. I want to thank Congress President Ramos and the Guatemalan Congress for their continued support for Taiwan’s international participation. Representing the Guatemalan Congress, Congress President Ramos has signed resolutions in support of Taiwan, and has also issued statements addressing China’s misinterpretation of United Nations General Assembly Resolution 2758. Taiwan and Guatemala, as important partners in the global democratic community, will continue moving forward together in joint defense of the values of democracy and freedom, and will cooperate to promote regional and global prosperity and development. Congress President Ramos then delivered remarks, first noting that the members of the delegation are not only from different parties, but also represent different classes, cultures, professions, and departments, which shows that the diplomatic ties between Guatemala and the Republic of China (Taiwan) are based on firm friendships at all levels and in all fields. Noting that this was his second time to visit Taiwan and meet with President Lai, Congress President Ramos thanked the government of Taiwan for its warm hospitality. With the international situation growing more complex by the day, he said, Guatemala highly values its longstanding friendship and cooperative ties with Taiwan, and hopes that both sides can continue to deepen their cooperation in such areas as the economy, technology, education, agriculture, and culture, and work together to spur sustainable development in each of our countries. Congress President Ramos said that the way the Taiwan government looks after the well-being of its people is an excellent model for how other countries should promote national development and social well-being. Accordingly, he said, the Guatemalan Congress has stood for justice and, for a second time, adopted a resolution backing Taiwan’s participation in the World Health Assembly. Regarding President Arévalo’s state visit to Taiwan the previous month, Congress President Ramos commented that this high-level interaction has undoubtedly strengthened the diplomatic ties between Taiwan and Guatemala and led to more opportunities for cooperation. Congress President Ramos emphasized that democracy, freedom, and human rights are universal values that bind Taiwan and Guatemala together, and that he is confident the two countries’ diplomatic ties will continue to grow deeper. In closing, on behalf of the Republic of Guatemala, Congress President Ramos presented President Lai with a Chinese translation of the resolution that the Guatemalan Congress proposed to the UN in support of Taiwan’s participation in international organizations, demonstrating the staunch bonds of friendship between the two countries. The delegation was accompanied to the Presidential Office by Guatemala Ambassador Luis Raúl Estévez López.Details
2025-07-08
President Lai meets delegation led by Foreign Minister Jean-Victor Harvel Jean-Baptiste of Republic of Haiti
On the morning of July 8, President Lai Ching-te met with a delegation led by Minister of Foreign Affairs Jean-Victor Harvel Jean-Baptiste of the Republic of Haiti and his wife. In remarks, President Lai noted that our two countries will soon mark the 70th anniversary of diplomatic relations and that our exchanges have been fruitful in important areas such as public security, educational cooperation, and infrastructure. The president stated that Taiwan will continue to work together with Haiti to promote the development of medical and health care, food security, and construction that benefits people’s livelihoods. The president thanked Haiti for supporting Taiwan’s international participation and expressed hope that both countries will continue to support each other, deepen cooperation, and face various challenges together. A translation of President Lai’s remarks follows: I am delighted to meet and exchange ideas with Minister Jean-Baptiste, his wife, and our distinguished guests. Minister Jean-Baptiste is the highest-ranking official from Haiti to visit Taiwan since former President Jovenel Moïse visited in 2018, demonstrating the importance that the Haitian government attaches to our bilateral diplomatic ties. On behalf of the Republic of China (Taiwan), I extend a sincere welcome. Next year marks the 70th anniversary of the establishment of diplomatic ties between our two countries. Our bilateral exchanges have been fruitful in important areas such as public security, educational cooperation, and infrastructure. Over the past few years, Haiti has faced challenges in such areas as food supply and healthcare. Taiwan will continue to work together with Haiti through various cooperative programs to promote the development of medical and health care, food security, and construction that benefits people’s livelihoods. I want to thank the government of Haiti and Minister Jean-Baptiste for speaking out in support of Taiwan on the international stage for many years. Minister Jean-Baptiste’s personal letter to the World Health Organization Secretariat in May this year and Minister of Public Health and Population Bertrand Sinal’s public statement during the World Health Assembly both affirmed Taiwan’s efforts and contributions to global public health and supported Taiwan’s international participation, for which we are very grateful. I hope that Taiwan and Haiti will continue to support each other and deepen cooperation. I believe that Minister Jean-Baptiste’s visit will open up more opportunities for cooperation for both countries, helping Taiwan and Haiti face various challenges together. In closing, I once again offer a sincere welcome to the delegation led by Minister Jean-Baptiste, and ask him to convey greetings from Taiwan to Prime Minister Alix Didier Fils-Aimé and the members of the Transitional Presidential Council. Minister Jean-Baptiste then delivered remarks, saying that he is extremely honored to visit Taiwan and reaffirm the solid and friendly cooperative relationship based on mutual respect between the Republic of Haiti and the Republic of China (Taiwan), which will soon mark its 70th anniversary. He also brought greetings to President Lai from Haiti’s Transitional Presidential Council and Prime Minister Fils-Aimé. Minister Jean-Baptiste emphasized that over the past few decades, despite the great geographical distance and developmental and cultural differences between our two countries, we have nevertheless established a firm friendship and demonstrated to the world the progress resulting from the mutual assistance and cooperation between our peoples. Minister Jean-Baptiste pointed out that our two countries cooperate closely in agriculture, health, education, and community development and have achieved concrete results. Taiwan’s voice, he said, is thus essential for the people of Haiti. He noted that Taiwan also plays an important role in peace and innovation and actively participates in global cooperative efforts. Pointing out that the world is currently facing significant challenges and that Haiti is experiencing its most difficult period in history, Minister Jean-Baptiste said that at this time, Taiwan and Haiti need to unite, help each other, and jointly think about how to move forward and deepen bilateral relations to benefit the peoples of both countries. Minister Jean-Baptiste said that he is pleased that throughout our solid and friendly diplomatic relationship, both countries have demonstrated mutual trust, mutual respect, and the values we jointly defend. He then stated his belief that Haiti and Taiwan will together create a cooperation model and future that are sincere, friendly, and sustainable. The delegation was accompanied to the Presidential Office by Chargé d’Affaires a.i. Francilien Victorin of the Embassy of the Republic of Haiti in Taiwan.Details
2025-07-01
President Lai meets delegation from 2025 Taiwan International Ocean Forum
On the afternoon of July 1, President Lai Ching-te met with a delegation from the 2025 Taiwan International Ocean Forum (TIOF). In remarks, President Lai noted that the people of Taiwan will continue to work with democratic partners throughout the world in a maritime spirit of freedom and openness to contribute to ocean governance and jointly ensure maritime security. He expressed hope that their visit will help forge stronger friendships between Taiwan and international maritime partners, so that all can work together to spur shared maritime prosperity and sustainable development for the next generation. A translation of President Lai’s remarks follows: I want to thank our guests for coming here to the Presidential Office. The 2025 TIOF will take place tomorrow and the day after, and I thank you all for making the long trip to Taiwan to attend the event and share your valuable insights and experiences. This year’s forum will focus on strategies for strengthening maritime security and pathways to achieving a sustainable blue economy. By attending this forum, our guests are highlighting their commitment to safeguarding the oceans, and beyond that, taking concrete action to demonstrate support for Taiwan. I once again offer deepest gratitude on behalf of the people of Taiwan. Taiwan holds a key position on the first island chain, is one of the world’s top 10 shipping nations, and accounts for close to 10 percent of global container shipping by volume. As such, Taiwan occupies a unique and important position in maritime strategy. For Taiwan, the ocean is more than just a basis for survival and development; it is also an important driver of national prosperity. In my inaugural address last year, I spoke of a threefold approach to further Taiwan’s development. One of these involves further developing our strengths as a maritime nation. Our government must actively help deepen our connections with the ocean, and must continue to promote green shipping, a sustainable fishing industry, marine renewable energy, and other forms of industrial transformation. It must also make use of marine technology and digital innovation to create a new paradigm that balances environmental, economic, and social inclusion concerns. This will help enhance Taiwan’s responsibilities and competitiveness as a maritime nation. Taiwan is surrounded by ocean, and our territorial waters are a natural protective barrier. However, continued gray-zone aggression from China creates serious threats and challenges to peace and stability in the Taiwan Strait. Our government continues to invest resources to deal with increasingly complex maritime security issues. In addition to building coast guard patrol vessels, we must also step up efforts to build underwater, surface, and airborne unmanned vehicles and smart reconnaissance equipment, so as to demonstrate Taiwan’s determination to defend democracy and freedom and commitment to maintaining peace and stability in the Taiwan Strait. Oceans are Taiwan’s roots, and provide the channels by which we engage with the world. The people of Taiwan will continue to work with democratic partners throughout the world in a maritime spirit of freedom and openness to contribute to ocean governance and jointly ensure maritime security. The TIOF was first launched in 2020, and has now become an important platform for enhancement of cooperation between Taiwan and other countries. I hope that our distinguished guests will reap great benefits at this year’s forum, and further hope that this visit will help forge stronger friendships between Taiwan and international maritime partners, so that all can work together to spur shared maritime prosperity and sustainable development for the next generation. Chairman of The Washington Times Thomas McDevitt, a member of the delegation, then delivered remarks, noting first that July 4th, this Friday, is Independence Day in America. Independence is a sacred, powerful word which has great meaning in this part of the world, he said. Chairman McDevitt indicated that Taiwan has truly become a global beacon of democracy and a key partner for many nations. He then quoted President Lai’s 2024 inaugural address: “We will work together to combat disinformation, strengthen democratic resilience, address challenges, and allow Taiwan to become the MVP of the democratic world.” Chairman McDevitt went on to say that he appreciated the president’s speech with regard to his philosophical depth, sensitivity, and both moral and political clarity. He said that he was deeply moved by the speech, but within a few days of it, China responded with military activities and many threats. The chairman then emphasized that we are in a civilization crisis. Chairman McDevitt mentioned that President Lai has begun a series of 10 lectures, and remarked that they would help the world to understand the identity and the nature of Taiwan, as well as the situation we are in in the world. On behalf of all the delegation, Chairman McDevitt thanked the president for his leadership in dealing with these issues thoughtfully. Chairman McDevitt concluded with a line from the Old Testament which states that if the people have no vision, they will perish. He said that he believes Taiwan’s president has led the people of Taiwan, and the world, with a vision of how to navigate this great civilization crisis together. The delegation also included Members of the Japanese House of Representatives Kikawada Hitoshi, Aoyama Yamato, and Genma Kentaro, and Member of Parliament of the United Kingdom Gavin Williamson.Details
2025-06-30
President Lai meets Minister of State at UK Department for Business and Trade Douglas Alexander
On the morning of June 30, President Lai Ching-te met with Douglas Alexander, Minister of State at the Department for Business and Trade of the United Kingdom. In remarks, President Lai thanked the UK government for its longstanding support for peace and stability across the Taiwan Strait, demonstrating that Taiwan and the UK share similar goals. Noting that two years ago, Taiwan and the UK signed an enhanced trade partnership (ETP) arrangement, the president said that today Taiwan and the UK have signed three pillars under the ETP, which will help promote bilateral economic and trade cooperation. He expressed hope of the UK publicly supporting Taiwan’s accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) so that together we can create an economic and trade landscape in the Indo-Pacific characterized by shared prosperity and development. A translation of President Lai’s remarks follows: First, on behalf of the people of Taiwan, I extend a warm welcome to Minister Alexander and wish a fruitful outcome for the 27th round of Taiwan-UK trade talks later today. Taiwan-UK relations have grown closer in recent years. We have not only continued to strengthen cooperation in such fields as offshore wind power, innovative technologies, and culture and education but also have established regular dialogue mechanisms in the critical areas of economics and trade, energy, and agriculture. The UK is currently Taiwan’s fourth-largest European trading partner, second-largest source of investment from Europe, and third-largest target for investment in Europe. Two years ago, Taiwan and the UK signed an ETP arrangement. This was particularly meaningful, as it was the first institutionalized economic and trade framework between Taiwan and a European country. Today, this arrangement is yielding further results. I am delighted that Taiwan and the UK have signed three pillars under the ETP covering investment, digital trade, and energy and net-zero. This will help promote bilateral economic and trade cooperation and advance industrial development on both sides. I also want to thank the UK government for its longstanding support for peace and stability across the Taiwan Strait. This month, the UK published its Strategic Defence Review 2025 and National Security Strategy 2025, which oppose any unilateral attempts to change the status quo across the Taiwan Strait. These not only demonstrate that Taiwan and the UK share similar goals but also show that security and prosperity in the Indo-Pacific region are inseparable from those of the transatlantic regions. In addition, last November, the House of Commons passed a motion which made clear that United Nations General Assembly (UNGA) Resolution 2758 neither established the sovereignty of the People’s Republic of China over Taiwan nor determined Taiwan’s status in the United Nations. The UK government also responded to the motion by publicly expressing for the first time its position on UNGA Resolution 2758, opposing any attempt to broaden the interpretation of the resolution to rewrite history. For this, on behalf of the people of Taiwan, I once again want to extend my deepest gratitude. Taiwan and the UK have the advantage of being highly complementary in the technology sector. In facing the restructuring of global supply chains and other international economic and trade developments, I believe that Taiwan and the UK are indispensable key partners for one another. I look forward to the UK publicly supporting Taiwan’s accession to the CPTPP so that together, we can create an economic and trade landscape in the Indo-Pacific characterized by shared prosperity and development. In closing, I wish Minister Alexander a pleasant and successful visit. And I hope he has the opportunity to visit Taiwan for personal travel in the future. Minister Alexander then delivered remarks, saying that it is a great personal honor to meet with everyone today to discuss further deepening the UK-Taiwan trade relationship and explore the many opportunities our two sides can pursue together. He mentioned that he traveled to Taiwan in 2022 when he was a private citizen, a visit he thoroughly enjoyed, so he is delighted to be back to see the strength of the UK-Taiwan relationship and the strengthening of that relationship. He said that relationship is built on mutual respect, democratic values, and a shared vision for open, resilient, and rules-based economic cooperation. As like-minded partners, he pointed out, our collaboration continues to grow across multiple sectors, and he is here today to further that momentum. Minister Alexander stated that on trade and investment, he is proud that this morning we signed the ETP Pillars on Investment, Digital Trade, Energy and Net Zero, which will provide a clear framework for our future cooperation and lay the foundation for expanded access and market-shaping engagement between our two economies. The minister said he believes that together with our annual trade talks, this partnership will help UK’s firms secure new commercial opportunities, improve regulatory alignment, and promote long-term investment in key growth areas, which in turn will also support Taiwan’s efforts to expand high-quality trade relationships with trusted partners. Minister Alexander said that President Lai’s promotion of the Five Trusted Industry Sectors and the UK’s recently published industrial and trade strategies are very well-aligned, as both cover clean energy and semiconductors as well as advanced manufacturing. He then provided an example, saying that both sides plan to invest in AI infrastructure and compute power-creating opportunities for great joint research in the future. By combining our strengths in these areas, he said, we can open the door to innovative collaboration and commercial success for both sides. He mentioned that yesterday he visited the Taiwan Space Agency, commenting that in sectors such as satellite technology, green energy, and cyber security, British expertise and trusted standards can provide meaningful solutions. Noting that President Lai spoke in his remarks of the broader challenge of peace and security in the region, Minister Alexander stated that the United Kingdom has, of course, also continued to affirm its commitment to peace and stability in the Taiwan Strait, along with its G7 partners. The UK-Taiwan relationship is strategic, enduring, and growing, he stated, and they reaffirm and remain firm in their longstanding position and confident in their ability to work together to support both prosperity and resilience in both of our societies. Minister Alexander said that, as Taiwan looks to diversify capital and build global partnerships, they believe the UK represents a strong and ambitious investment destination, particularly for Taiwanese companies at the very forefront of robotics, clean tech, and advanced industry. He pointed out that the UK’s markets are stable, open, and aligned with Taiwan’s vision of a high-tech, sustainable future, adding that he looks forward to our discussion on how we can further deepen our cooperation across all of these areas and more. The delegation also included Martin Kent, His Majesty’s Trade Commissioner for Asia Pacific at the UK Department for Business and Trade. The delegation was accompanied to the Presidential Office by British Office Taipei Representative Ruth Bradley-Jones.Details
2025-05-20
President Lai interviewed by Nippon Television and Yomiuri TV
In a recent interview on Nippon Television’s news zero program, President Lai Ching-te responded to questions from host Mr. Sakurai Sho and Yomiuri TV Shanghai Bureau Chief Watanabe Masayo on topics including reflections on his first year in office, cross-strait relations, China’s military threats, Taiwan-United States relations, and Taiwan-Japan relations. The interview was broadcast on the evening of May 19. During the interview, President Lai stated that China intends to change the world’s rules-based international order, and that if Taiwan were invaded, global supply chains would be disrupted. Therefore, he said, Taiwan will strengthen its national defense, prevent war by preparing for war, and achieve the goal of peace. The president also noted that Taiwan’s purpose for developing drones is based on national security and industrial needs, and that Taiwan hopes to collaborate with Japan. He then reiterated that China’s threats are an international problem, and expressed hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war. Following is the text of the questions and the president’s responses: Q: How do you feel as you are about to round out your first year in office? President Lai: When I was young, I was determined to practice medicine and save lives. When I left medicine to go into politics, I was determined to transform Taiwan. And when I was sworn in as president on May 20 last year, I was determined to strengthen the nation. Time flies, and it has already been a year. Although the process has been very challenging, I am deeply honored to be a part of it. I am also profoundly grateful to our citizens for allowing me the opportunity to give back to our country. The future will certainly be full of more challenges, but I will do everything I can to unite the people and continue strengthening the nation. That is how I am feeling now. Q: We are now coming up on the 80th anniversary of the end of World War II, and over this period, we have often heard that conflict between Taiwan and the mainland is imminent. Do you personally believe that a cross-strait conflict could happen? President Lai: The international community is very much aware that China intends to replace the US and change the world’s rules-based international order, and annexing Taiwan is just the first step. So, as China’s military power grows stronger, some members of the international community are naturally on edge about whether a cross-strait conflict will break out. The international community must certainly do everything in its power to avoid a conflict in the Taiwan Strait; there is too great a cost. Besides causing direct disasters to both Taiwan and China, the impact on the global economy would be even greater, with estimated losses of US$10 trillion from war alone – that is roughly 10 percent of the global GDP. Additionally, 20 percent of global shipping passes through the Taiwan Strait and surrounding waters, so if a conflict breaks out in the strait, other countries including Japan and Korea would suffer a grave impact. For Japan and Korea, a quarter of external transit passes through the Taiwan Strait and surrounding waters, and a third of the various energy resources and minerals shipped back from other countries pass through said areas. If Taiwan were invaded, global supply chains would be disrupted, and therefore conflict in the Taiwan Strait must be avoided. Such a conflict is indeed avoidable. I am very thankful to Prime Minister of Japan Ishiba Shigeru and former Prime Ministers Abe Shinzo, Suga Yoshihide, and Kishida Fumio, as well as US President Donald Trump and former President Joe Biden, and the other G7 leaders, for continuing to emphasize at international venues that peace and stability across the Taiwan Strait are essential components for global security and prosperity. When everyone in the global democratic community works together, stacking up enough strength to make China’s objectives unattainable or to make the cost of invading Taiwan too high for it to bear, a conflict in the strait can naturally be avoided. Q: As you said, President Lai, maintaining peace and stability across the Taiwan Strait is also very important for other countries. How can war be avoided? What sort of countermeasures is Taiwan prepared to take to prevent war? President Lai: As Mr. Sakurai mentioned earlier, we are coming up on the 80th anniversary of the end of WWII. There are many lessons we can take from that war. First is that peace is priceless, and war has no winners. From the tragedies of WWII, there are lessons that humanity should learn. We must pursue peace, and not start wars blindly, as that would be a major disaster for humanity. In other words, we must be determined to safeguard peace. The second lesson is that we cannot be complacent toward authoritarian powers. If you give them an inch, they will take a mile. They will keep growing, and eventually, not only will peace be unattainable, but war will be inevitable. The third lesson is why WWII ended: It ended because different groups joined together in solidarity. Taiwan, Japan, and the Indo-Pacific region are all directly subjected to China’s threats, so we hope to be able to join together in cooperation. This is why we proposed the Four Pillars of Peace action plan. First, we will strengthen our national defense. Second, we will strengthen economic resilience. Third is standing shoulder to shoulder with the democratic community to demonstrate the strength of deterrence. Fourth is that as long as China treats Taiwan with parity and dignity, Taiwan is willing to conduct exchanges and cooperate with China, and seek peace and mutual prosperity. These four pillars can help us avoid war and achieve peace. That is to say, Taiwan hopes to achieve peace through strength, prevent war by preparing for war, keeping war from happening and pursuing the goal of peace. Q: Regarding drones, everyone knows that recently, Taiwan has been actively researching, developing, and introducing drones. Why do you need to actively research, develop, and introduce new drones at this time? President Lai: This is for two purposes. The first is to meet national security needs. The second is to meet industrial development needs. Because Taiwan, Japan, and the Philippines are all part of the first island chain, and we are all democratic nations, we cannot be like an authoritarian country like China, which has an unlimited national defense budget. In this kind of situation, island nations such as Taiwan, Japan, and the Philippines should leverage their own technologies to develop national defense methods that are asymmetric and utilize unmanned vehicles. In particular, from the Russo-Ukrainian War, we see that Ukraine has successfully utilized unmanned vehicles to protect itself and prevent Russia from unlimited invasion. In other words, the Russo-Ukrainian War has already proven the importance of drones. Therefore, the first purpose of developing drones is based on national security needs. Second, the world has already entered the era of smart technology. Whether generative, agentic, or physical, AI will continue to develop. In the future, cars and ships will also evolve into unmanned vehicles and unmanned boats, and there will be unmanned factories. Drones will even be able to assist with postal deliveries, or services like Uber, Uber Eats, and foodpanda, or agricultural irrigation and pesticide spraying. Therefore, in the future era of comprehensive smart technology, developing unmanned vehicles is a necessity. Taiwan, based on industrial needs, is actively planning the development of drones and unmanned vehicles. I would like to take this opportunity to express Taiwan’s hope to collaborate with Japan in the unmanned vehicle industry. Just as we do in the semiconductor industry, where Japan has raw materials, equipment, and technology, and Taiwan has wafer manufacturing, our two countries can cooperate. Japan is a technological power, and Taiwan also has significant technological strengths. If Taiwan and Japan work together, we will not only be able to safeguard peace and stability in the Taiwan Strait and security in the Indo-Pacific region, but it will also be very helpful for the industrial development of both countries. Q: The drones you just described probably include examples from the Russo-Ukrainian War. Taiwan and China are separated by the Taiwan Strait. Do our drones need to have cross-sea flight capabilities? President Lai: Taiwan does not intend to counterattack the mainland, and does not intend to invade any country. Taiwan’s drones are meant to protect our own nation and territory. Q: Former President Biden previously stated that US forces would assist Taiwan’s defense in the event of an attack. President Trump, however, has yet to clearly state that the US would help defend Taiwan. Do you think that in such an event, the US would help defend Taiwan? Or is Taiwan now trying to persuade the US? President Lai: Former President Biden and President Trump have answered questions from reporters. Although their responses were different, strong cooperation with Taiwan under the Biden administration has continued under the Trump administration; there has been no change. During President Trump’s first term, cooperation with Taiwan was broader and deeper compared to former President Barack Obama’s terms. After former President Biden took office, cooperation with Taiwan increased compared to President Trump’s first term. Now, during President Trump’s second term, cooperation with Taiwan is even greater than under former President Biden. Taiwan-US cooperation continues to grow stronger, and has not changed just because President Trump and former President Biden gave different responses to reporters. Furthermore, the Trump administration publicly stated that in the future, the US will shift its strategic focus from Europe to the Indo-Pacific. The US secretary of defense even publicly stated that the primary mission of the US is to prevent China from invading Taiwan, maintain stability in the Indo-Pacific, and thus maintain world peace. There is a saying in Taiwan that goes, “Help comes most to those who help themselves.” Before asking friends and allies for assistance in facing threats from China, Taiwan must first be determined and prepared to defend itself. This is Taiwan’s principle, and we are working in this direction, making all the necessary preparations to safeguard the nation. Q: I would like to ask you a question about Taiwan-Japan relations. After the Great East Japan Earthquake in 2011, you made an appeal to give Japan a great deal of assistance and care. In particular, you visited Sendai to offer condolences. Later, you also expressed condolences and concern after the earthquakes in Aomori and Kumamoto. What are your expectations for future Taiwan-Japan exchanges and development? President Lai: I come from Tainan, and my constituency is in Tainan. Tainan has very deep ties with Japan, and of course, Taiwan also has deep ties with Japan. However, among Taiwan’s 22 counties and cities, Tainan has the deepest relationship with Japan. I sincerely hope that both of you and your teams will have an opportunity to visit Tainan. I will introduce Tainan’s scenery, including architecture from the era of Japanese rule, Tainan’s cuisine, and unique aspects of Tainan society, and you can also see lifestyles and culture from the Showa era. The Wushantou Reservoir in Tainan was completed by engineer Mr. Hatta Yoichi from Kanazawa, Japan and the team he led to Tainan after he graduated from then-Tokyo Imperial University. It has nearly a century of history and is still in use today. This reservoir, along with the 16,000-km-long Chianan Canal, transformed the 150,000-hectare Chianan Plain into Taiwan’s premier rice-growing area. It was that foundation in agriculture that enabled Taiwan to develop industry and the technology sector of today. The reservoir continues to supply water to Tainan Science Park. It is used by residents of Tainan, the agricultural sector, and industry, and even the technology sector in Xinshi Industrial Park, as well as Taiwan Semiconductor Manufacturing Company. Because of this, the people of Tainan are deeply grateful for Mr. Hatta and very friendly toward the people of Japan. A major earthquake, the largest in 50 years, struck Tainan on February 6, 2016, resulting in significant casualties. As mayor of Tainan at the time, I was extremely grateful to then-Prime Minister Abe, who sent five Japanese officials to the disaster site in Tainan the day after the earthquake. They were very thoughtful and asked what kind of assistance we needed from the Japanese government. They offered to provide help based on what we needed. I was deeply moved, as former Prime Minister Abe showed such care, going beyond the formality of just sending supplies that we may or may not have actually needed. Instead, the officials asked what we needed and then provided assistance based on those needs, which really moved me. Similarly, when the Great East Japan Earthquake of 2011 or the later Kumamoto earthquakes struck, the people of Tainan, under my leadership, naturally and dutifully expressed their support. Even earlier, when central Taiwan was hit by a major earthquake in 1999, Japan was the first country to deploy a rescue team to the disaster area. On February 6, 2018, after a major earthquake in Hualien, former Prime Minister Abe appeared in a video holding up a message of encouragement he had written in calligraphy saying “Remain strong, Taiwan.” All of Taiwan was deeply moved. Over the years, Taiwan and Japan have supported each other when earthquakes struck, and have forged bonds that are family-like, not just neighborly. This is truly valuable. In the future, I hope Taiwan and Japan can be like brothers, and that the peoples of Taiwan and Japan can treat one another like family. If Taiwan has a problem, then Japan has a problem; if Japan has a problem, then Taiwan has a problem. By caring for and helping each other, we can face various challenges and difficulties, and pursue a brighter future. Q: President Lai, you just used the phrase “If Taiwan has a problem, then Japan has a problem.” In the event that China attempts to invade Taiwan by force, what kind of response measures would you hope the US military and Japan’s Self-Defense Forces take? President Lai: As I just mentioned, annexing Taiwan is only China’s first step. Its ultimate objective is to change the rules-based international order. That being the case, China’s threats are an international problem. So, I would very much hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war – prevention, after all, is more important than cure. -
MIL-OSI United Kingdom: The MHRA and the global flu vaccine: How the UK is helping shape the world’s flu vaccine
Source: United Kingdom – Government Statements
News storyThe MHRA and the global flu vaccine: How the UK is helping shape the world’s flu vaccine
Ensuring the seasonal flu vaccine is ready, safe and effective involves months of international planning, testing and collaboration
Each year, millions of people across the globe catch influenza, commonly known as the flu. While many recover quickly, flu can be deadly, particularly for older adults, young children, and those with weakened immune systems. In the UK alone, seasonal flu can cause thousands of deaths in a bad year. This is why having an effective and up-to-date flu vaccine is crucial.
Millions of people around the world prepare for seasonal influenza by getting vaccinated. It’s something many of us take for granted – a quick injection at the GP or pharmacy. But behind the scenes, ensuring that vaccine is ready, safe, and effective involves months of international planning, testing, and collaboration.
At the heart of that global effort is the Medicines and Healthcare products Regulatory Agency (MHRA) – the UK’s regulator for medicines and medical devices. The MHRA’s role goes far beyond approving medicines for the UK. It also leads on the international stage by hosting the MHRA Global Influenza Meeting, a key event that helps guide the development and delivery of the world’s flu vaccines.
Why the flu vaccine needs updating every year
Unlike some viruses, like measles, the influenza virus constantly changes and evolves. This means that last year’s vaccine may not protect against this year’s strains. Each year, scientists and regulators across the world work together to track the latest strains of the virus and decide which ones should be included in the next season’s vaccine.
The World Health Organization (WHO) leads this process through a network of research centres and laboratories known as Global Influenza Surveillance and Response System. However, transforming that scientific research and development into safe, effective, and timely licensed vaccines involves regulators. The MHRA plays a key role in both aspects.
A meeting 20 years in the making
This year marks the 40th MHRA influenza meeting, held twice a year for the past 20 years. This year, it was held last week. What began as a European-focused gathering has grown into a major global event, drawing together public health experts, scientists, manufacturers, and regulators from across the world.
As Dr Othmar Engelhardt, the MHRA’s Head of Seasonal Influenza and organiser of the meetings, explains, the MHRA provides “a well-established venue for discussions within the community, bringing together everyone involved in the process of producing and delivering the vaccine after the strains relevant to a particular season are recommended by the WHO strain selection committee.”
What happens at the meeting?
The aim of the meeting is to ensure that all players have the information they need to ensure that the provision of the annual flu vaccine is the best it can be – delivered on time, with as few hurdles as possible. It’s a forum to share science, streamline processes, and keep the world prepared.
Topics covered are wide-ranging, including:
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Update on influenza in the world: Which flu viruses are circulating globally, and which are most likely to pose a threat in the coming season?
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Reagents and standards: What laboratory materials are available for testing and manufacturing? How can the community help speed up access to these materials?
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Vaccine production updates: How ready are manufacturers for the upcoming flu season following the WHO strain recommendation, and what’s needed to smooth the supply chain?
Importantly, there is also a focus on zoonotic influenza – flu viruses that jump from animals, such as birds or pigs, to humans. These have the potential to spark the next influenza pandemic, so surveillance and preparation of potential vaccine candidates are essential.
The disappearance of B/Yamagata
One notable scientific development in recent years is the apparent disappearance of the B/Yamagata flu lineage since the COVID-19 pandemic. Previously, flu vaccines were quadrivalent, meaning that they contained four virus components (two A types and two B types). Now, many have moved to a trivalent vaccine, with only three components – a shift that required regulatory review and approval.
Special topics: new vaccines and testing methods
Day three of the meeting was dedicated to a special topic, namely a workshop on new vaccine platforms and targets for influenza. As technology evolves, researchers are exploring faster and potentially more effective ways to develop, test and produce vaccines – including using mRNA technology and exploring universal flu vaccines (i.e. a vaccine against most flu strains -which would not have to be changed between seasons).
Another key area is vaccine potency (i.e. dose) testing. The current gold-standard method, called Single Radial Immunodiffusion (SRD), was developed in the 1970s by the National Institute for Biological Standards and Control (NIBSC), now part of the MHRA. Though still recommended by the WHO, researchers are now working on faster and more flexible alternatives, supported by a working group that reports back into the MHRA meeting.
The 40th meeting also featured reflections from former NIBSC/MHRA staff who were key contributors to SRD methodology, underscoring the UK’s longstanding leadership in this space.
MHRA’s international role
As one of the four WHO Essential Regulatory Laboratories (ERLs) – alongside labs in the US, Japan, and Australia – the MHRA plays a unique role. Its Influenza Resource Centre (IRC) helps develop candidate vaccine viruses (CVVs), ships CVVs and reagents around the world, contributes scientific expertise to vaccine strain selection, prepares biological standards and reagents for use in vaccine manufacture and testing, and our regulatory colleagues advise on the global regulatory process.
This role also places the MHRA at the forefront of pandemic preparedness, including contributing to the WHO’s Pandemic Influenza Vaccine Preparedness framework. This involves all the above. staying alert to emerging zoonotic threats and ensuring the global community is ready to respond.
A diverse and united audience
What makes the MHRA Global Influenza Meeting especially valuable is its diversity. It brings together the WHO, regulators, researchers and manufacturers in one open forum. In a field as complex and fast-moving as influenza, open communication is vital.
As Othmar noted, “The flu field can be difficult because the viruses change all the time, meaning that the vaccines have to change as well.” The meeting provides a rare opportunity for all the key players to align their goals, share progress, and prepare together.
Why it matters to the UK and the world
Ultimately, the MHRA’s role in facilitating this global collaboration helps ensure that flu vaccines are timely, safe, and effective, not just in the UK but across the world. From setting scientific standards to hosting crucial conversations, the MHRA continues to play a central role in protecting global health.
For us in the UK, this means protection each winter. For the global community, it means stronger defences against one of the world’s most common infectious threats.
So next time you’re offered a flu vaccination, remember that behind that quick appointment lies a year of global planning, science, and collaboration – with a lot of this happening right here in the UK.
Updates to this page
Published 22 July 2025 -
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MIL-OSI Asia-Pac: President Lai meets official delegation from European Parliament’s Special Committee on the European Democracy Shield
Source: Republic of China Taiwan
Details
2025-07-17
President Lai meets President of Guatemalan Congress Nery Abilio Ramos y Ramos
On the morning of July 17, President Lai Ching-te met with a delegation led by Nery Abilio Ramos y Ramos, the president of the Congress of the Republic of Guatemala. In remarks, President Lai thanked Congress President Ramos and the Guatemalan Congress for their support for Taiwan, and noted that official diplomatic relations between Taiwan and Guatemala go back more than 90 years. As important partners in the global democratic community, the president said, the two nations will continue moving forward together in joint defense of the values of democracy and freedom, and will cooperate to promote regional and global prosperity and development. A translation of President Lai’s remarks follows: I recall that when Congress President Ramos visited Taiwan in July last year, he put forward many ideas about how our countries could promote bilateral cooperation and exchanges. Now, a year later, he is leading another cross-party delegation from the Guatemalan Congress on a visit, demonstrating support for Taiwan and continuing to help deepen our diplomatic ties. In addition to extending a sincere welcome to the distinguished delegation members who have traveled so far to be here, I would also like to express our concern and condolences for everyone in Guatemala affected by the earthquake that struck earlier this month. We hope that the recovery effort is going smoothly. Official diplomatic relations between Taiwan and Guatemala go back more than 90 years. In such fields as healthcare, agriculture, education, and women’s empowerment, we have continually strengthened our cooperation to benefit our peoples. Just last month, Guatemala’s President Bernardo Arévalo and the First Lady led a delegation on a state visit to Taiwan. President Arévalo and I signed a letter of intent for semiconductor cooperation, and also witnessed the signing of cooperation documents to establish a political consultation mechanism and continue to promote bilateral investment. This has laid an even sounder foundation for bilateral exchanges and cooperation, and will help enhance both countries’ international competitiveness. Taiwan is currently running a semiconductor vocational training program, helping Guatemala cultivate semiconductor talent and develop its tech industry, and demonstrating our determination to share experience with democratic partners. At the same time, we continue to assist Taiwanese businesses in their efforts to develop overseas markets with Guatemala as an important base, spurring industrial development in both countries and increasing economic and trade benefits. I want to thank Congress President Ramos and the Guatemalan Congress for their continued support for Taiwan’s international participation. Representing the Guatemalan Congress, Congress President Ramos has signed resolutions in support of Taiwan, and has also issued statements addressing China’s misinterpretation of United Nations General Assembly Resolution 2758. Taiwan and Guatemala, as important partners in the global democratic community, will continue moving forward together in joint defense of the values of democracy and freedom, and will cooperate to promote regional and global prosperity and development. Congress President Ramos then delivered remarks, first noting that the members of the delegation are not only from different parties, but also represent different classes, cultures, professions, and departments, which shows that the diplomatic ties between Guatemala and the Republic of China (Taiwan) are based on firm friendships at all levels and in all fields. Noting that this was his second time to visit Taiwan and meet with President Lai, Congress President Ramos thanked the government of Taiwan for its warm hospitality. With the international situation growing more complex by the day, he said, Guatemala highly values its longstanding friendship and cooperative ties with Taiwan, and hopes that both sides can continue to deepen their cooperation in such areas as the economy, technology, education, agriculture, and culture, and work together to spur sustainable development in each of our countries. Congress President Ramos said that the way the Taiwan government looks after the well-being of its people is an excellent model for how other countries should promote national development and social well-being. Accordingly, he said, the Guatemalan Congress has stood for justice and, for a second time, adopted a resolution backing Taiwan’s participation in the World Health Assembly. Regarding President Arévalo’s state visit to Taiwan the previous month, Congress President Ramos commented that this high-level interaction has undoubtedly strengthened the diplomatic ties between Taiwan and Guatemala and led to more opportunities for cooperation. Congress President Ramos emphasized that democracy, freedom, and human rights are universal values that bind Taiwan and Guatemala together, and that he is confident the two countries’ diplomatic ties will continue to grow deeper. In closing, on behalf of the Republic of Guatemala, Congress President Ramos presented President Lai with a Chinese translation of the resolution that the Guatemalan Congress proposed to the UN in support of Taiwan’s participation in international organizations, demonstrating the staunch bonds of friendship between the two countries. The delegation was accompanied to the Presidential Office by Guatemala Ambassador Luis Raúl Estévez López.Details
2025-07-08
President Lai meets delegation led by Foreign Minister Jean-Victor Harvel Jean-Baptiste of Republic of Haiti
On the morning of July 8, President Lai Ching-te met with a delegation led by Minister of Foreign Affairs Jean-Victor Harvel Jean-Baptiste of the Republic of Haiti and his wife. In remarks, President Lai noted that our two countries will soon mark the 70th anniversary of diplomatic relations and that our exchanges have been fruitful in important areas such as public security, educational cooperation, and infrastructure. The president stated that Taiwan will continue to work together with Haiti to promote the development of medical and health care, food security, and construction that benefits people’s livelihoods. The president thanked Haiti for supporting Taiwan’s international participation and expressed hope that both countries will continue to support each other, deepen cooperation, and face various challenges together. A translation of President Lai’s remarks follows: I am delighted to meet and exchange ideas with Minister Jean-Baptiste, his wife, and our distinguished guests. Minister Jean-Baptiste is the highest-ranking official from Haiti to visit Taiwan since former President Jovenel Moïse visited in 2018, demonstrating the importance that the Haitian government attaches to our bilateral diplomatic ties. On behalf of the Republic of China (Taiwan), I extend a sincere welcome. Next year marks the 70th anniversary of the establishment of diplomatic ties between our two countries. Our bilateral exchanges have been fruitful in important areas such as public security, educational cooperation, and infrastructure. Over the past few years, Haiti has faced challenges in such areas as food supply and healthcare. Taiwan will continue to work together with Haiti through various cooperative programs to promote the development of medical and health care, food security, and construction that benefits people’s livelihoods. I want to thank the government of Haiti and Minister Jean-Baptiste for speaking out in support of Taiwan on the international stage for many years. Minister Jean-Baptiste’s personal letter to the World Health Organization Secretariat in May this year and Minister of Public Health and Population Bertrand Sinal’s public statement during the World Health Assembly both affirmed Taiwan’s efforts and contributions to global public health and supported Taiwan’s international participation, for which we are very grateful. I hope that Taiwan and Haiti will continue to support each other and deepen cooperation. I believe that Minister Jean-Baptiste’s visit will open up more opportunities for cooperation for both countries, helping Taiwan and Haiti face various challenges together. In closing, I once again offer a sincere welcome to the delegation led by Minister Jean-Baptiste, and ask him to convey greetings from Taiwan to Prime Minister Alix Didier Fils-Aimé and the members of the Transitional Presidential Council. Minister Jean-Baptiste then delivered remarks, saying that he is extremely honored to visit Taiwan and reaffirm the solid and friendly cooperative relationship based on mutual respect between the Republic of Haiti and the Republic of China (Taiwan), which will soon mark its 70th anniversary. He also brought greetings to President Lai from Haiti’s Transitional Presidential Council and Prime Minister Fils-Aimé. Minister Jean-Baptiste emphasized that over the past few decades, despite the great geographical distance and developmental and cultural differences between our two countries, we have nevertheless established a firm friendship and demonstrated to the world the progress resulting from the mutual assistance and cooperation between our peoples. Minister Jean-Baptiste pointed out that our two countries cooperate closely in agriculture, health, education, and community development and have achieved concrete results. Taiwan’s voice, he said, is thus essential for the people of Haiti. He noted that Taiwan also plays an important role in peace and innovation and actively participates in global cooperative efforts. Pointing out that the world is currently facing significant challenges and that Haiti is experiencing its most difficult period in history, Minister Jean-Baptiste said that at this time, Taiwan and Haiti need to unite, help each other, and jointly think about how to move forward and deepen bilateral relations to benefit the peoples of both countries. Minister Jean-Baptiste said that he is pleased that throughout our solid and friendly diplomatic relationship, both countries have demonstrated mutual trust, mutual respect, and the values we jointly defend. He then stated his belief that Haiti and Taiwan will together create a cooperation model and future that are sincere, friendly, and sustainable. The delegation was accompanied to the Presidential Office by Chargé d’Affaires a.i. Francilien Victorin of the Embassy of the Republic of Haiti in Taiwan.Details
2025-07-01
President Lai meets delegation from 2025 Taiwan International Ocean Forum
On the afternoon of July 1, President Lai Ching-te met with a delegation from the 2025 Taiwan International Ocean Forum (TIOF). In remarks, President Lai noted that the people of Taiwan will continue to work with democratic partners throughout the world in a maritime spirit of freedom and openness to contribute to ocean governance and jointly ensure maritime security. He expressed hope that their visit will help forge stronger friendships between Taiwan and international maritime partners, so that all can work together to spur shared maritime prosperity and sustainable development for the next generation. A translation of President Lai’s remarks follows: I want to thank our guests for coming here to the Presidential Office. The 2025 TIOF will take place tomorrow and the day after, and I thank you all for making the long trip to Taiwan to attend the event and share your valuable insights and experiences. This year’s forum will focus on strategies for strengthening maritime security and pathways to achieving a sustainable blue economy. By attending this forum, our guests are highlighting their commitment to safeguarding the oceans, and beyond that, taking concrete action to demonstrate support for Taiwan. I once again offer deepest gratitude on behalf of the people of Taiwan. Taiwan holds a key position on the first island chain, is one of the world’s top 10 shipping nations, and accounts for close to 10 percent of global container shipping by volume. As such, Taiwan occupies a unique and important position in maritime strategy. For Taiwan, the ocean is more than just a basis for survival and development; it is also an important driver of national prosperity. In my inaugural address last year, I spoke of a threefold approach to further Taiwan’s development. One of these involves further developing our strengths as a maritime nation. Our government must actively help deepen our connections with the ocean, and must continue to promote green shipping, a sustainable fishing industry, marine renewable energy, and other forms of industrial transformation. It must also make use of marine technology and digital innovation to create a new paradigm that balances environmental, economic, and social inclusion concerns. This will help enhance Taiwan’s responsibilities and competitiveness as a maritime nation. Taiwan is surrounded by ocean, and our territorial waters are a natural protective barrier. However, continued gray-zone aggression from China creates serious threats and challenges to peace and stability in the Taiwan Strait. Our government continues to invest resources to deal with increasingly complex maritime security issues. In addition to building coast guard patrol vessels, we must also step up efforts to build underwater, surface, and airborne unmanned vehicles and smart reconnaissance equipment, so as to demonstrate Taiwan’s determination to defend democracy and freedom and commitment to maintaining peace and stability in the Taiwan Strait. Oceans are Taiwan’s roots, and provide the channels by which we engage with the world. The people of Taiwan will continue to work with democratic partners throughout the world in a maritime spirit of freedom and openness to contribute to ocean governance and jointly ensure maritime security. The TIOF was first launched in 2020, and has now become an important platform for enhancement of cooperation between Taiwan and other countries. I hope that our distinguished guests will reap great benefits at this year’s forum, and further hope that this visit will help forge stronger friendships between Taiwan and international maritime partners, so that all can work together to spur shared maritime prosperity and sustainable development for the next generation. Chairman of The Washington Times Thomas McDevitt, a member of the delegation, then delivered remarks, noting first that July 4th, this Friday, is Independence Day in America. Independence is a sacred, powerful word which has great meaning in this part of the world, he said. Chairman McDevitt indicated that Taiwan has truly become a global beacon of democracy and a key partner for many nations. He then quoted President Lai’s 2024 inaugural address: “We will work together to combat disinformation, strengthen democratic resilience, address challenges, and allow Taiwan to become the MVP of the democratic world.” Chairman McDevitt went on to say that he appreciated the president’s speech with regard to his philosophical depth, sensitivity, and both moral and political clarity. He said that he was deeply moved by the speech, but within a few days of it, China responded with military activities and many threats. The chairman then emphasized that we are in a civilization crisis. Chairman McDevitt mentioned that President Lai has begun a series of 10 lectures, and remarked that they would help the world to understand the identity and the nature of Taiwan, as well as the situation we are in in the world. On behalf of all the delegation, Chairman McDevitt thanked the president for his leadership in dealing with these issues thoughtfully. Chairman McDevitt concluded with a line from the Old Testament which states that if the people have no vision, they will perish. He said that he believes Taiwan’s president has led the people of Taiwan, and the world, with a vision of how to navigate this great civilization crisis together. The delegation also included Members of the Japanese House of Representatives Kikawada Hitoshi, Aoyama Yamato, and Genma Kentaro, and Member of Parliament of the United Kingdom Gavin Williamson.Details
2025-06-30
President Lai meets Minister of State at UK Department for Business and Trade Douglas Alexander
On the morning of June 30, President Lai Ching-te met with Douglas Alexander, Minister of State at the Department for Business and Trade of the United Kingdom. In remarks, President Lai thanked the UK government for its longstanding support for peace and stability across the Taiwan Strait, demonstrating that Taiwan and the UK share similar goals. Noting that two years ago, Taiwan and the UK signed an enhanced trade partnership (ETP) arrangement, the president said that today Taiwan and the UK have signed three pillars under the ETP, which will help promote bilateral economic and trade cooperation. He expressed hope of the UK publicly supporting Taiwan’s accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) so that together we can create an economic and trade landscape in the Indo-Pacific characterized by shared prosperity and development. A translation of President Lai’s remarks follows: First, on behalf of the people of Taiwan, I extend a warm welcome to Minister Alexander and wish a fruitful outcome for the 27th round of Taiwan-UK trade talks later today. Taiwan-UK relations have grown closer in recent years. We have not only continued to strengthen cooperation in such fields as offshore wind power, innovative technologies, and culture and education but also have established regular dialogue mechanisms in the critical areas of economics and trade, energy, and agriculture. The UK is currently Taiwan’s fourth-largest European trading partner, second-largest source of investment from Europe, and third-largest target for investment in Europe. Two years ago, Taiwan and the UK signed an ETP arrangement. This was particularly meaningful, as it was the first institutionalized economic and trade framework between Taiwan and a European country. Today, this arrangement is yielding further results. I am delighted that Taiwan and the UK have signed three pillars under the ETP covering investment, digital trade, and energy and net-zero. This will help promote bilateral economic and trade cooperation and advance industrial development on both sides. I also want to thank the UK government for its longstanding support for peace and stability across the Taiwan Strait. This month, the UK published its Strategic Defence Review 2025 and National Security Strategy 2025, which oppose any unilateral attempts to change the status quo across the Taiwan Strait. These not only demonstrate that Taiwan and the UK share similar goals but also show that security and prosperity in the Indo-Pacific region are inseparable from those of the transatlantic regions. In addition, last November, the House of Commons passed a motion which made clear that United Nations General Assembly (UNGA) Resolution 2758 neither established the sovereignty of the People’s Republic of China over Taiwan nor determined Taiwan’s status in the United Nations. The UK government also responded to the motion by publicly expressing for the first time its position on UNGA Resolution 2758, opposing any attempt to broaden the interpretation of the resolution to rewrite history. For this, on behalf of the people of Taiwan, I once again want to extend my deepest gratitude. Taiwan and the UK have the advantage of being highly complementary in the technology sector. In facing the restructuring of global supply chains and other international economic and trade developments, I believe that Taiwan and the UK are indispensable key partners for one another. I look forward to the UK publicly supporting Taiwan’s accession to the CPTPP so that together, we can create an economic and trade landscape in the Indo-Pacific characterized by shared prosperity and development. In closing, I wish Minister Alexander a pleasant and successful visit. And I hope he has the opportunity to visit Taiwan for personal travel in the future. Minister Alexander then delivered remarks, saying that it is a great personal honor to meet with everyone today to discuss further deepening the UK-Taiwan trade relationship and explore the many opportunities our two sides can pursue together. He mentioned that he traveled to Taiwan in 2022 when he was a private citizen, a visit he thoroughly enjoyed, so he is delighted to be back to see the strength of the UK-Taiwan relationship and the strengthening of that relationship. He said that relationship is built on mutual respect, democratic values, and a shared vision for open, resilient, and rules-based economic cooperation. As like-minded partners, he pointed out, our collaboration continues to grow across multiple sectors, and he is here today to further that momentum. Minister Alexander stated that on trade and investment, he is proud that this morning we signed the ETP Pillars on Investment, Digital Trade, Energy and Net Zero, which will provide a clear framework for our future cooperation and lay the foundation for expanded access and market-shaping engagement between our two economies. The minister said he believes that together with our annual trade talks, this partnership will help UK’s firms secure new commercial opportunities, improve regulatory alignment, and promote long-term investment in key growth areas, which in turn will also support Taiwan’s efforts to expand high-quality trade relationships with trusted partners. Minister Alexander said that President Lai’s promotion of the Five Trusted Industry Sectors and the UK’s recently published industrial and trade strategies are very well-aligned, as both cover clean energy and semiconductors as well as advanced manufacturing. He then provided an example, saying that both sides plan to invest in AI infrastructure and compute power-creating opportunities for great joint research in the future. By combining our strengths in these areas, he said, we can open the door to innovative collaboration and commercial success for both sides. He mentioned that yesterday he visited the Taiwan Space Agency, commenting that in sectors such as satellite technology, green energy, and cyber security, British expertise and trusted standards can provide meaningful solutions. Noting that President Lai spoke in his remarks of the broader challenge of peace and security in the region, Minister Alexander stated that the United Kingdom has, of course, also continued to affirm its commitment to peace and stability in the Taiwan Strait, along with its G7 partners. The UK-Taiwan relationship is strategic, enduring, and growing, he stated, and they reaffirm and remain firm in their longstanding position and confident in their ability to work together to support both prosperity and resilience in both of our societies. Minister Alexander said that, as Taiwan looks to diversify capital and build global partnerships, they believe the UK represents a strong and ambitious investment destination, particularly for Taiwanese companies at the very forefront of robotics, clean tech, and advanced industry. He pointed out that the UK’s markets are stable, open, and aligned with Taiwan’s vision of a high-tech, sustainable future, adding that he looks forward to our discussion on how we can further deepen our cooperation across all of these areas and more. The delegation also included Martin Kent, His Majesty’s Trade Commissioner for Asia Pacific at the UK Department for Business and Trade. The delegation was accompanied to the Presidential Office by British Office Taipei Representative Ruth Bradley-Jones.Details
2025-06-27
President Lai confers decoration on former Japan-Taiwan Exchange Association Chairman Ohashi Mitsuo
On the morning of June 27, President Lai Ching-te conferred the Order of Brilliant Star with Grand Cordon upon former Chairman of the Japan-Taiwan Exchange Association Ohashi Mitsuo in recognition of his firm convictions and tireless efforts in promoting Taiwan-Japan exchanges. In remarks, President Lai stated that Chairman Ohashi cares for Taiwan like a family member, and expressed hope that Taiwan and Japan continue to deepen their partnership, bring about the early signing of an economic partnership agreement (EPA), and jointly build secure and stable non-red supply chains as we boost the resilience and competitiveness of our economies and jointly safeguard the values of freedom and democracy. A translation of President Lai’s remarks follows: Every meeting I have with Chairman Ohashi, with whom I have worked side by side for many years, is warm and friendly. I recall that when we met last year, Chairman Ohashi said that he often thinks about what Japan can do for Taiwan and what Taiwan can do for Japan, and that it is that mutual concern that makes us so close. This was a truly moving statement illustrating the relationship between Taiwan and Japan. Chairman Ohashi has also said numerous times that our bilateral relations may very well be the best in the entire world, and that in fact they may serve as a model to other countries. Indeed, Chairman Ohashi is himself an exemplary model for friendly relations between Taiwan and Japan. His spirit of always working tirelessly to promote Taiwan-Japan exchanges is truly admirable. Assuming the position of chairman of the Japan-Taiwan Exchange Association in 2011, he served during the terms of former Presidents Ma Ying-jeou and Tsai Ing-wen, continuously making positive contributions to Taiwan-Japan relations. Over these past 14 years, Taiwan and Japan have signed over 50 major agreements, spanning the economy and trade, fisheries, and taxes, among other areas. In 2017, the Taiwan-Japan Relations Association and the Japan-Taiwan Exchange Association underwent name changes, strengthening the essence and significance of Taiwan-Japan relations. These great achievements were all made possible thanks to the firm convictions and tireless efforts of Chairman Ohashi. On behalf of the people of Taiwan, I am delighted to confer upon Chairman Ohashi the Order of Brilliant Star with Grand Cordon to express our deepest thanks for his outstanding contributions. Chairman Ohashi is not just a good friend of Taiwan, but someone who cares for Taiwan like a family member. When a major earthquake struck in 2016, he personally went to Tainan to assess the situation and meet with the city government. This outpouring of friendship and support across borders was deeply moving. As we look to the future, I hope that Taiwan and Japan can continue to deepen our partnership. In addition to bringing about the early signing of an EPA, I also hope that we can expand collaboration in key areas such as semiconductors, energy, and AI, continue building secure and stable non-red supply chains, and boost the resilience and competitiveness of our economies as well as peace and stability in the Indo-Pacific. As Chairman Ohashi has said, the close bilateral relationship between Taiwan and Japan is one the world can be proud of. I would like to thank him once again for his contributions to deepening Taiwan-Japan ties. Taiwan will continue to forge ahead side by side with Japan, jointly safeguarding the values of freedom and democracy and mutually advancing prosperous development. I wish Chairman Ohashi good health, happiness, peace, and success in his future endeavors, and invite him to return to Taiwan often to visit old friends. Chairman Ohashi then delivered remarks, first thanking President Lai for his kind words. He stated that the Taiwan-Japan relationship is not only worthy of praise; it can also serve as a superb model in the world for bilateral relations that is worthy of study by other countries. He added that this is the result of the collective efforts of President Lai as well as many other individuals. Chairman Ohashi said that the current international situation is rather severe, with wars and conflicts occurring between many neighboring countries. He said that there is a growing trend of nuclear weapon proliferation, emphasizing that use of such weapons would cause significant harm between nations. He also pointed out that some countries even use nuclear weapons as a threat, leading to instability and impacting the global situation. Chairman Ohashi said that neither Taiwan nor Japan possesses nuclear weapons, which is something to be proud of. That is why, he said, we can declare that a world without nuclear weapons is a peaceful world. He also mentioned that during his tenure as chairman of the Japan-Taiwan Exchange Association, he consistently upheld this principle in his work. Chairman Ohashi said that the mission of the World Federalist Movement (WFM) is to promote world peace. He said that the WFM has branches in countries worldwide, with the WFM of Japan being one of the most prominent, and that it also aspires to achieve the goal of world peace. Having served as chairman of the Japan-Taiwan Exchange Association for 14 years, he said, he is now stepping down from this role and will serve as the chairman of the WFM of Japan, aiming to promote peace in countries around the world. Chairman Ohashi said that both Taiwan and Japan can take pride in our friendly bilateral relationship, emphasizing that if the good relationship between Japan and Taiwan could be offered as an example to countries around the world, there would be no more wars. He expressed his sincere hope that under President Lai’s leadership, Taiwan and Japan can work together to jointly promote world peace. Also in attendance at the ceremony was Japan-Taiwan Exchange Association Taipei Office Chief Representative Katayama Kazuyuki.Details
2025-05-20
President Lai interviewed by Nippon Television and Yomiuri TV
In a recent interview on Nippon Television’s news zero program, President Lai Ching-te responded to questions from host Mr. Sakurai Sho and Yomiuri TV Shanghai Bureau Chief Watanabe Masayo on topics including reflections on his first year in office, cross-strait relations, China’s military threats, Taiwan-United States relations, and Taiwan-Japan relations. The interview was broadcast on the evening of May 19. During the interview, President Lai stated that China intends to change the world’s rules-based international order, and that if Taiwan were invaded, global supply chains would be disrupted. Therefore, he said, Taiwan will strengthen its national defense, prevent war by preparing for war, and achieve the goal of peace. The president also noted that Taiwan’s purpose for developing drones is based on national security and industrial needs, and that Taiwan hopes to collaborate with Japan. He then reiterated that China’s threats are an international problem, and expressed hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war. Following is the text of the questions and the president’s responses: Q: How do you feel as you are about to round out your first year in office? President Lai: When I was young, I was determined to practice medicine and save lives. When I left medicine to go into politics, I was determined to transform Taiwan. And when I was sworn in as president on May 20 last year, I was determined to strengthen the nation. Time flies, and it has already been a year. Although the process has been very challenging, I am deeply honored to be a part of it. I am also profoundly grateful to our citizens for allowing me the opportunity to give back to our country. The future will certainly be full of more challenges, but I will do everything I can to unite the people and continue strengthening the nation. That is how I am feeling now. Q: We are now coming up on the 80th anniversary of the end of World War II, and over this period, we have often heard that conflict between Taiwan and the mainland is imminent. Do you personally believe that a cross-strait conflict could happen? President Lai: The international community is very much aware that China intends to replace the US and change the world’s rules-based international order, and annexing Taiwan is just the first step. So, as China’s military power grows stronger, some members of the international community are naturally on edge about whether a cross-strait conflict will break out. The international community must certainly do everything in its power to avoid a conflict in the Taiwan Strait; there is too great a cost. Besides causing direct disasters to both Taiwan and China, the impact on the global economy would be even greater, with estimated losses of US$10 trillion from war alone – that is roughly 10 percent of the global GDP. Additionally, 20 percent of global shipping passes through the Taiwan Strait and surrounding waters, so if a conflict breaks out in the strait, other countries including Japan and Korea would suffer a grave impact. For Japan and Korea, a quarter of external transit passes through the Taiwan Strait and surrounding waters, and a third of the various energy resources and minerals shipped back from other countries pass through said areas. If Taiwan were invaded, global supply chains would be disrupted, and therefore conflict in the Taiwan Strait must be avoided. Such a conflict is indeed avoidable. I am very thankful to Prime Minister of Japan Ishiba Shigeru and former Prime Ministers Abe Shinzo, Suga Yoshihide, and Kishida Fumio, as well as US President Donald Trump and former President Joe Biden, and the other G7 leaders, for continuing to emphasize at international venues that peace and stability across the Taiwan Strait are essential components for global security and prosperity. When everyone in the global democratic community works together, stacking up enough strength to make China’s objectives unattainable or to make the cost of invading Taiwan too high for it to bear, a conflict in the strait can naturally be avoided. Q: As you said, President Lai, maintaining peace and stability across the Taiwan Strait is also very important for other countries. How can war be avoided? What sort of countermeasures is Taiwan prepared to take to prevent war? President Lai: As Mr. Sakurai mentioned earlier, we are coming up on the 80th anniversary of the end of WWII. There are many lessons we can take from that war. First is that peace is priceless, and war has no winners. From the tragedies of WWII, there are lessons that humanity should learn. We must pursue peace, and not start wars blindly, as that would be a major disaster for humanity. In other words, we must be determined to safeguard peace. The second lesson is that we cannot be complacent toward authoritarian powers. If you give them an inch, they will take a mile. They will keep growing, and eventually, not only will peace be unattainable, but war will be inevitable. The third lesson is why WWII ended: It ended because different groups joined together in solidarity. Taiwan, Japan, and the Indo-Pacific region are all directly subjected to China’s threats, so we hope to be able to join together in cooperation. This is why we proposed the Four Pillars of Peace action plan. First, we will strengthen our national defense. Second, we will strengthen economic resilience. Third is standing shoulder to shoulder with the democratic community to demonstrate the strength of deterrence. Fourth is that as long as China treats Taiwan with parity and dignity, Taiwan is willing to conduct exchanges and cooperate with China, and seek peace and mutual prosperity. These four pillars can help us avoid war and achieve peace. That is to say, Taiwan hopes to achieve peace through strength, prevent war by preparing for war, keeping war from happening and pursuing the goal of peace. Q: Regarding drones, everyone knows that recently, Taiwan has been actively researching, developing, and introducing drones. Why do you need to actively research, develop, and introduce new drones at this time? President Lai: This is for two purposes. The first is to meet national security needs. The second is to meet industrial development needs. Because Taiwan, Japan, and the Philippines are all part of the first island chain, and we are all democratic nations, we cannot be like an authoritarian country like China, which has an unlimited national defense budget. In this kind of situation, island nations such as Taiwan, Japan, and the Philippines should leverage their own technologies to develop national defense methods that are asymmetric and utilize unmanned vehicles. In particular, from the Russo-Ukrainian War, we see that Ukraine has successfully utilized unmanned vehicles to protect itself and prevent Russia from unlimited invasion. In other words, the Russo-Ukrainian War has already proven the importance of drones. Therefore, the first purpose of developing drones is based on national security needs. Second, the world has already entered the era of smart technology. Whether generative, agentic, or physical, AI will continue to develop. In the future, cars and ships will also evolve into unmanned vehicles and unmanned boats, and there will be unmanned factories. Drones will even be able to assist with postal deliveries, or services like Uber, Uber Eats, and foodpanda, or agricultural irrigation and pesticide spraying. Therefore, in the future era of comprehensive smart technology, developing unmanned vehicles is a necessity. Taiwan, based on industrial needs, is actively planning the development of drones and unmanned vehicles. I would like to take this opportunity to express Taiwan’s hope to collaborate with Japan in the unmanned vehicle industry. Just as we do in the semiconductor industry, where Japan has raw materials, equipment, and technology, and Taiwan has wafer manufacturing, our two countries can cooperate. Japan is a technological power, and Taiwan also has significant technological strengths. If Taiwan and Japan work together, we will not only be able to safeguard peace and stability in the Taiwan Strait and security in the Indo-Pacific region, but it will also be very helpful for the industrial development of both countries. Q: The drones you just described probably include examples from the Russo-Ukrainian War. Taiwan and China are separated by the Taiwan Strait. Do our drones need to have cross-sea flight capabilities? President Lai: Taiwan does not intend to counterattack the mainland, and does not intend to invade any country. Taiwan’s drones are meant to protect our own nation and territory. Q: Former President Biden previously stated that US forces would assist Taiwan’s defense in the event of an attack. President Trump, however, has yet to clearly state that the US would help defend Taiwan. Do you think that in such an event, the US would help defend Taiwan? Or is Taiwan now trying to persuade the US? President Lai: Former President Biden and President Trump have answered questions from reporters. Although their responses were different, strong cooperation with Taiwan under the Biden administration has continued under the Trump administration; there has been no change. During President Trump’s first term, cooperation with Taiwan was broader and deeper compared to former President Barack Obama’s terms. After former President Biden took office, cooperation with Taiwan increased compared to President Trump’s first term. Now, during President Trump’s second term, cooperation with Taiwan is even greater than under former President Biden. Taiwan-US cooperation continues to grow stronger, and has not changed just because President Trump and former President Biden gave different responses to reporters. Furthermore, the Trump administration publicly stated that in the future, the US will shift its strategic focus from Europe to the Indo-Pacific. The US secretary of defense even publicly stated that the primary mission of the US is to prevent China from invading Taiwan, maintain stability in the Indo-Pacific, and thus maintain world peace. There is a saying in Taiwan that goes, “Help comes most to those who help themselves.” Before asking friends and allies for assistance in facing threats from China, Taiwan must first be determined and prepared to defend itself. This is Taiwan’s principle, and we are working in this direction, making all the necessary preparations to safeguard the nation. Q: I would like to ask you a question about Taiwan-Japan relations. After the Great East Japan Earthquake in 2011, you made an appeal to give Japan a great deal of assistance and care. In particular, you visited Sendai to offer condolences. Later, you also expressed condolences and concern after the earthquakes in Aomori and Kumamoto. What are your expectations for future Taiwan-Japan exchanges and development? President Lai: I come from Tainan, and my constituency is in Tainan. Tainan has very deep ties with Japan, and of course, Taiwan also has deep ties with Japan. However, among Taiwan’s 22 counties and cities, Tainan has the deepest relationship with Japan. I sincerely hope that both of you and your teams will have an opportunity to visit Tainan. I will introduce Tainan’s scenery, including architecture from the era of Japanese rule, Tainan’s cuisine, and unique aspects of Tainan society, and you can also see lifestyles and culture from the Showa era. The Wushantou Reservoir in Tainan was completed by engineer Mr. Hatta Yoichi from Kanazawa, Japan and the team he led to Tainan after he graduated from then-Tokyo Imperial University. It has nearly a century of history and is still in use today. This reservoir, along with the 16,000-km-long Chianan Canal, transformed the 150,000-hectare Chianan Plain into Taiwan’s premier rice-growing area. It was that foundation in agriculture that enabled Taiwan to develop industry and the technology sector of today. The reservoir continues to supply water to Tainan Science Park. It is used by residents of Tainan, the agricultural sector, and industry, and even the technology sector in Xinshi Industrial Park, as well as Taiwan Semiconductor Manufacturing Company. Because of this, the people of Tainan are deeply grateful for Mr. Hatta and very friendly toward the people of Japan. A major earthquake, the largest in 50 years, struck Tainan on February 6, 2016, resulting in significant casualties. As mayor of Tainan at the time, I was extremely grateful to then-Prime Minister Abe, who sent five Japanese officials to the disaster site in Tainan the day after the earthquake. They were very thoughtful and asked what kind of assistance we needed from the Japanese government. They offered to provide help based on what we needed. I was deeply moved, as former Prime Minister Abe showed such care, going beyond the formality of just sending supplies that we may or may not have actually needed. Instead, the officials asked what we needed and then provided assistance based on those needs, which really moved me. Similarly, when the Great East Japan Earthquake of 2011 or the later Kumamoto earthquakes struck, the people of Tainan, under my leadership, naturally and dutifully expressed their support. Even earlier, when central Taiwan was hit by a major earthquake in 1999, Japan was the first country to deploy a rescue team to the disaster area. On February 6, 2018, after a major earthquake in Hualien, former Prime Minister Abe appeared in a video holding up a message of encouragement he had written in calligraphy saying “Remain strong, Taiwan.” All of Taiwan was deeply moved. Over the years, Taiwan and Japan have supported each other when earthquakes struck, and have forged bonds that are family-like, not just neighborly. This is truly valuable. In the future, I hope Taiwan and Japan can be like brothers, and that the peoples of Taiwan and Japan can treat one another like family. If Taiwan has a problem, then Japan has a problem; if Japan has a problem, then Taiwan has a problem. By caring for and helping each other, we can face various challenges and difficulties, and pursue a brighter future. Q: President Lai, you just used the phrase “If Taiwan has a problem, then Japan has a problem.” In the event that China attempts to invade Taiwan by force, what kind of response measures would you hope the US military and Japan’s Self-Defense Forces take? President Lai: As I just mentioned, annexing Taiwan is only China’s first step. Its ultimate objective is to change the rules-based international order. That being the case, China’s threats are an international problem. So, I would very much hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war – prevention, after all, is more important than cure. -
MIL-OSI Africa: Morocco, North Macedonia Bolster Cooperation in Diplomatic Training and Tourism
Source: APO
Morocco and North Macedonia have taken a new step in strengthening their bilateral cooperation, as they signed two Memorandums of Understanding on Monday in Skopje, aimed at further expanding and structuring their sectoral partnership.
These legal instruments were signed as part of a working visit carried out by the Minister of Foreign Affairs, African Cooperation and Moroccan Expatriates, Mr. Nasser Bourita, to Skopje, where he held talks with North Macedonia’s Minister of Foreign Affairs and Foreign Trade, Mr. Timčo Mucunski.
The two parties welcomed the ongoing strengthened bilateral legal framework in specific areas of common interest, which reflect their shared will to establish cooperation between both countries on a long-term basis.
The diplomatic training agreement serves as the benchmark framework for cooperation activities carried out between the two countries’ foreign ministries, based on the principles of reciprocity and mutual benefit.
It aims to encourage joint training programs, holding inaugural lectures or high-level interventions as part of official visits by eminent personalities from both countries, as well as the exchange of information, best practices, experiences, and analyses related to developments in diplomatic training.
Meanwhile, the tourism agreement will serve as a lever for bilateral cooperation by promoting the exchange of expertise, the mutual promotion and enhancement of destinations, the strengthening of institutional capacities, and coordinated participation in investment initiatives and specialized trade fairs.
This framework will enhance the visibility of both countries’ tourism offerings across regional and international markets.
These agreements fall within the renewed dynamic of the partnership between Rabat and Skopje and reflect the desire of the two countries to expand their cooperation into high value-added sectors, in line with their respective national priorities and their regional and multilateral commitments.
Distributed by APO Group on behalf of Kingdom of Morocco – Ministry of Foreign Affairs, African Cooperation and Moroccan Expatriates.
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MIL-OSI: HEGE Listed on Bitrue Alpha as Animal Memecoin Sector Sees Renewed Attention
Source: GlobeNewswire (MIL-OSI)
LONDON, July 22, 2025 (GLOBE NEWSWIRE) — Singapore-based exchange Bitrue has officially listed HEGE on its new Bitrue Alpha platform today, July 21. Bitrue, launched in July 2018 and now supporting over 700 cryptocurrencies, adds HEGE to its growing roster of assets, providing expanded access and liquidity for global users.
This milestone comes amid a broader resurgence in animal‑based memecoins. Over the past seven days, the global market cap of animal-themed memecoins has risen by 8.95%, while trading volume across the sector has surged by 101%, underscoring renewed interest and participation worldwide.
Within that same period, HEGE itself has climbed 11.6%, reflecting growing attention and engagement from its community.
This milestone arrives as interest in long‑term community‑driven memecoins continues to rise. HEGE, a hedgehog‑themed token on the Solana blockchain, has steadily evolved beyond a typical meme asset into what its community calls a brandcoin, blending on‑chain culture with off‑chain brand development.
Timely Expansion: Bitrue Alpha Listing
With the listing on Bitrue Alpha, HEGE holders and new participants alike gain access to one of Asia’s leading trading platforms, known for its broad asset support and strong infrastructure. Bitrue Alpha offers enhanced trading features and improved visibility for emerging projects, positioning HEGE for its next phase of growth.
The team behind HEGE commented, “Today’s listing on Bitrue Alpha is another step in bringing HEGE to a broader global audience. We’re excited to expand our reach and continue building a project rooted in culture and creativity.”
Building Beyond a Memecoin
Launched over 15 months ago, HEGE has established itself through consistent community initiatives and an expanding ecosystem. Rather than operating as a short‑term meme, the project has focused on brand‑building and delivering creative content.
Key highlights of the HEGE ecosystem include:
- Hegends NFT Collection – Lore-based characters including Hege, Hegena, and Hendrix
- Merchandise Store – A newly launched collection of on‑brand apparel and collectibles
- Original Animated Content – HEGE is finalizing a contract with a professional studio to produce over 20 high‑quality animations in the coming weeks. All content is fully custom, from pre‑production through final output, and entirely non‑AI generated
- Community Campaigns – Weekly raids, meme contests, and social challenges
- Consistent Branding – A narrative universe positioning HEGE as more than just a meme
A Market Ready for Growth
As the broader cryptocurrency market gains traction and liquidity continues to flow across exchanges, projects with strong community foundations and creative direction are finding new opportunities. The Bitrue Alpha listing marks an important step for HEGE as it extends its presence to a wider global audience.
About HEGE:
Website: https://www.hegecoin.com
Twitter/X: @HegeCoin
Media Contact: marketing@hegecoin.comDisclaimer: This press release is provided by HegeCoin. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector–including cryptocurrency, NFTs, and mining–complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.Speculate only with funds that you can afford to lose.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.
Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.Photos accompanying this announcement are available at
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MIL-OSI Economics: Samsung Enhances Mumbai Retail Presence with New Premium Experience Store in Andheri West
Source: Samsung
Samsung, India’s largest consumer electronics brand, has further solidified its premium retail presence with the opening of a new premium experience store at Lotus Trade Centre, Andheri West, Mumbai.
Spanning 1,600 sq. ft., this expansive store serves as a comprehensive destination for customers to explore Samsung’s latest innovations and its seamlessly connected ecosystem, all in one place.
Strategically located in one of Mumbai’s key retail and lifestyle hubs, the store features dedicated zones showcasing Samsung’s full range of Galaxy devices, including the latest smartphones, tablets, laptops, smartwatches, smart rings, and the advanced SmartThings ecosystem. With interactive displays and experiential zones, visitors can discover how Samsung technology enhances productivity, entertainment, wellness, and smart home automation for a truly connected lifestyle.
“At Samsung, we are dedicated to bringing innovation closer to our customers through inspiring retail experiences. The launch of our premium experience store in Andheri West, Mumbai, marks a significant milestone in our journey to expand our premium retail footprint and create holistic, all-in-one destinations for technology, engagement, and service,” said Sumit Walia, Vice President, Head of D2C Business & Corporate Marketing at Samsung India.
As part of Samsung’s flagship ‘Learn @ Samsung’ initiative, the store will host regular workshops focused on AI-powered photography, productivity, creativity, and doodling using Galaxy devices. These workshops aim to empower millennials and Gen Z consumers to maximize their device usage in everyday life. In addition, the store features a full-fledged service centre, ensuring customers receive prompt and reliable post-purchase support.
Through Samsung Store+, a digital interface within the store, customers can seamlessly browse products and arrange home delivery for their selected items. Furthermore, a dedicated service centre within the store ensures enhanced post-purchase support for customers.
To celebrate the launch, customers visiting the Andheri West experience store can enjoy exclusive Paytm First benefits, including:
Special travel and dining offers
Over 30 free subscriptions across leading OTT, music, wellness, and infotainment platforms
Exclusive discounts on over 40 brand gift cards and more than 25 top deals from premium brands
Buy-1-Get-1-Free buffet deals across over 100 premium restaurants nationwide
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MIL-OSI China: Sinosoft uses AI to help Chinese exporters navigate trade regulations
Source: People’s Republic of China – State Council News
Chinese firms with global ambitions are increasingly turning to AI and big data to overcome trade obstacles, according to a technology executive at the recently concluded third China International Supply Chain Expo (CISCE).
Wu Yan, general manager of Jiangsu Skytech Industrial Internet Co., speaks at an event during the third China International Supply Chain Expo in Beijing, July 18, 2025. [Photo courtesy of the CISCE Organizing Committee]
Wu Yan, general manager of Jiangsu Skytech Industrial Internet Co., a subsidiary of Sinosoft Technology, told China.org.cn that inquiries have surged as U.S. tariffs create new compliance challenges. Sinosoft provides digital trade and compliance services using AI and big data, having served nearly 200,000 enterprises.
“Many enterprises came to us asking how to navigate these changes,” Wu said. “Our large language model instantly captures new regulatory updates online and refreshes daily to meet these demands.”
The company made its debut at the five-day expo, which ended Sunday, after observing a significant increase in export-oriented enterprises seeking their services in recent years.
At the expo, Jiangsu Skytech was joined by two other Sinosoft Technology Group subsidiaries — Nanjing Skytech Quanshuitong Information Co. and Nanjing Skytech Co. — to showcase products and achievements.
Sinosoft also partnered with the China Council for the Promotion of International Trade (CCPIT) Trade Development & Cooperation Center to launch a new platform for industrial and supply chain restructuring, powered by the company’s AI model.
“Whether it’s customs compliance, cross-border legal services, or green low-carbon exports, these reflect companies’ most pressing pain points and genuine needs,” Wu said.
“As a technology software company, we leverage digital and intelligent solutions to assist them,” Wu added. “This drives us to share the insights we’ve gained— especially from working with supply chain enterprises — along with our innovative application cases.”
The booth of Sinosoft Technology during the China International Supply Chain Expo in Beijing, July 18, 2025. [Photo courtesy of the CISCE Organizing Committee]
The company’s AI system demonstrates concrete results. “For example, we helped a company from Jiangsu province that was exporting to South Korea. Using the vertical large model, we optimized its global strategy — lowering tariffs by 74%, cutting carbon emissions by 45% and improving efficiency by 80%. Previously, such calculations relied on manual labor or multiple business systems, but now the process takes just minutes,” Wu said.
The AI model draws from over 20 years of experience in export tax rebate service and two decades of digital legal services, including collaborations with China’s Ministry of Justice. It continuously monitors global policy and tariff changes, relieving enterprises from the burden of manually tracking foreign regulatory updates, according to Wu.
Wu explained that today’s tariff mechanisms operate within a complex web of global trade agreements, including multilateral and bilateral free trade agreements, alongside volatile regulations such as evolving U.S. trade policies.
For small- and medium-sized enterprises operating on thin margins, the model provides affordable access to insights on avoiding legal pitfalls, meeting carbon compliance standards, and managing supply chain constraints, Wu said.
The new industrial and supply chain restructuring solution, developed in partnership with the CCPIT Trade Development & Cooperation Center, is a comprehensive system designed to help businesses navigate the challenges of going global.
Wu emphasized the company’s commitment to working more closely with ecosystem partners it connected with at the expo to drive supply chain transformation. He highlighted the importance of understanding the real-world obstacles industrial and supply chain companies face when going global.
As an industrial software provider, the company aims to integrate cutting-edge technologies into practical solutions that address core business pain points through innovation, Wu noted.
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MIL-OSI United Kingdom: Check your agent’s name
Source: United Kingdom – Executive Government & Departments
News storyCheck your agent’s name
Make sure your agent’s name in our system matches your contract.
If you want to use an agent to manage your business rates, you need to appoint them in our Check and Challenge service.
But if the agent’s name in our service does not match the name on your contract, you should be cautious. You should tell us by contacting agentstandards@voa.gov.uk.
You can also find out how long an agent has been using their current business name. You can get information about a company for free.
Some rogue agents may change their name often.
Our VOA agent standards set out clear expectations for agents regarding:
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their behaviour
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their professional practice
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the service they provide to their customers
We take breaches of our agent standards very seriously. We will always take action if we substantiate a breach of the standards.
You should be cautious of any agent who:
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tries to pressure you to make a decision or sign a contract
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says they are acting on behalf of the VOA or forwards emails they claim are from the VOA
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demands large sums of money up front
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makes claims about ‘unclaimed credits’ or similar
Remember – you don’t have to use an agent to manage your business rates.
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MIL-OSI United Kingdom: New Executive Chair to strengthen government’s plan to unleash life sciences for a healthier, wealthier Britain
Source: United Kingdom – Executive Government & Departments
Press releaseNew Executive Chair to strengthen government’s plan to unleash life sciences for a healthier, wealthier Britain
Steve Bates OBE appointed to help champion research and innovation and the use of technology to transform health and grow the UK economy.
- Industry leader Steve Bates OBE appointed as Executive Chair for the Office for Life Sciences.
- Office for Life Sciences to report into Health, Science and Business departments, recognising the industry’s importance to the health and growth missions in the Plan for Change.
- Appointment is immediate action on Life Sciences Sector Plan pledge to strengthen links between sector and government.
Industry leader Steve Bates OBE has today (Tuesday 22 July) been appointed as Executive Chair of the Office for Life Sciences, the cross-Government unit that champions research, innovation and the use of technology to transform health and grow the economy across the UK.
The Office for Life Sciences (OLS) will report directly into the Business Secretary in addition to the Health Secretary and Technology Secretary, recognising that driving economic growth and investment in this key sector will be a crucial part of the OLS agenda in support of the Plan for Change.
The moves show the government is taking immediate action to deliver the Life Sciences Sector Plan, the ambitious blueprint for unleashing the UK’s circa £100 billion life sciences sector as a force for economic growth and bettering the nation’s health, in aid of the Plan for Change. Forming one of the 8 core pillars of the modern Industrial Strategy, the Plan sets out the government’s commitment to deepening its ties with the life sciences sector, and strengthening the Office for Life Sciences to do so.
It builds on the positive momentum coming from recent successes for OLS, such as the recent £1 billion investment deal with BioNTech which the Office was instrumental in delivering, and backing for groundbreaking research like that supported by Our Future Health and UK Biobank, as well as its role in the up to £600 million investment to deliver a Health Data Research Service that will be unmatched globally – bringing the power of data to bear to unlock breakthroughs in the diagnosis and treatment of diseases.
Steve Bates is a recognised industry figurehead, having led the UK BioIndustry Association as CEO since 2012. He sits on the UK Life Sciences Council, and was a founder member of the UK Government’s Vaccine Taskforce. Steve was made OBE for services to innovation in 2017 and became a Fellow of the Academy of Medical Sciences in 2020.
Steve Bates OBE said:
The UK is great at life sciences. Great science, growth finance, world leading entrepreneurs, agile regulators, and key health data assets, all network here within a sector focused industrial strategy.
I know we can deliver global health outcomes and UK economic growth because we did so through the Vaccine Taskforce during COVID. I look forward to selling the sector’s great story to the globe. It’s a privilege to help life science businesses start, grow, scale and renew in the UK ecosystem to deliver economic growth, prosperity and health.
Science and Technology Secretary Peter Kyle said:
The life sciences sector plays a unique role, as a catalyst for both economic prosperity, and better health outcomes for people across the UK. Its ongoing success will be pivotal to both our Plan for Change, and our modern Industrial Strategy.
It is only right that we draw upon the nation’s best talent and expertise to push this sector on to even greater heights, and to that end I am delighted that Steve will be joining us in these endeavours.
Health and Social Care Secretary Wes Streeting said:
We’re turning the UK into a life sciences powerhouse and harnessing the genius of our country’s greatest scientific minds.
I know that Steve will bolster this mission and help make Britain the envy of the world when it comes to medical innovation.
Under his leadership, I’m confident the Office for Life Sciences will continue to drive groundbreaking research and fulfil the Plan for Change’s goal to transform healthcare for patients across the country.
Business and Trade Secretary Jonathan Reynolds said:
We want to make the UK a life sciences superpower. That’s why we earmarked it as a priority sector in our modern Industrial Strategy, which sets out how we will back the industry to keep it at the forefront of global innovation.
This single front door for industry to engage with government will be key to achieving our life sciences mission, as will appointing talented leaders like Steve – boosting the sector to deliver on our Plan for Change to grow the economy.
The Office for Life Sciences is a Directorate of 120 civil servants, which drives policy and delivery in the Life Sciences sector, supporting the government’s ambitions on economic growth and improved health that sit at the heart of the Plan for Change. Currently overseen by the Health Secretary and Technology Secretary, it will now also have more formalised links into the Department for Business and Trade to support the government’s Industrial Strategy.
In his new role, Bates will act as an ambassador both domestically and internationally for the UK life sciences sector. He will work across government and the wider public sector to ensure engagement with industry around policy and investment happens productively and at pace, working closely with all 3 Secretaries of State, providing support and expert advice as required.
The UK is already a global leader in life sciences, with the sector worth around £100 billion to the economy, and employing around 300,000 people. These moves show the government’s determination to immediately deliver on its goals for the sector, as laid out in the Life Sciences Sector Plan. Developed in close coordination with the Government’s 10 Year Health Plan, the Plan is a vision for doubling down on the sector’s strengths – turning cutting-edge research into real-world results: new treatments, faster diagnoses, and more lives saved. It’s about making sure breakthroughs happen here – and stay here – creating jobs, improving lives in every part of the country, and driving growth.
Notes to editors
Steve Bates’ appointment will further strengthen our expert leadership in life sciences, working with OLS Director Rosalind Campion.
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Published 22 July 2025 -
MIL-OSI: Press Release: GAM Strengthens European Presence with Appointment of Karim Carmoun to Lead France, Benelux and Monaco
Source: GlobeNewswire (MIL-OSI)
Zurich / Paris, 22 July 2025
PRESS RELEASE
GAM Strengthens European Presence with Appointment of Karim Carmoun to Lead France, Benelux and Monaco
GAM Investments (GAM) has appointed Karim Carmoun as Managing Director to lead its activities across France, Benelux and Monaco. Based in Paris, Karim will report directly to GAM’s incoming Group Chief Distribution Officer, Tim Rainsford, who will re-join the firm on 1 October. Tim returns to GAM after holding senior roles at Generali Investments Partners as CEO, and most recently as Chief Product and Distribution Officer at Generali Asset Management.
Karim’s appointment marks a key moment in GAM’s growth strategy in Europe, supported by NJJ Holding SA, the private investment group of French entrepreneur Xavier Niel and GAM’s majority shareholder.
Under new leadership, GAM is sharpening its focus on its Specialist Active, Alternatives and Wealth Management capabilities, giving clients access to top-tier investment talent and differentiated strategies. Combining in-house expertise with high-quality partnerships, GAM’s model connects professional investors to distinctive sources of return, backed by a global distribution platform and a renewed commitment to local client service.
Karim brings over 20 years of experience in asset management and a deep understanding of the French and Benelux markets. He spent the past decade at Robeco, where he served as CEO of Robeco France, following senior roles at Fidelity, Crédit Agricole, and BNP Paribas. He is widely recognised for his client-centric approach and ability to navigate evolving market conditions.
“I am proud to join GAM at this pivotal moment in its growth strategy,” said Karim Carmoun. “With the strong support of NJJ, we are focused on re-establishing GAM’s presence in France, Benelux and Monaco. Investors increasingly seek access to specialist strategies, alternative solutions, and the highest-quality investment talent which are all areas where GAM has a distinctive proposition. I look forward to building this exciting business and working closely with professional clients across the region to help them with their investment needs.”
“France, Benelux and Monaco are strategically important for GAM, and Karim brings the experience, credibility and insight to help us build lasting relationships in the region,” said Rossen Djounov, GAM’s Global Head of Client Solutions. “His appointment reflects our belief in local expertise supported by global resources.”
GAM is a specialist asset manager focused on Specialist Active, Alternatives and Wealth Management, including high-conviction equity, multi-asset and fixed income strategies. Its capabilities span hedge funds, alternative credit, insurance-linked securities (ILS) and private markets, delivered through in-house expertise and high-quality partnerships with some of the world’s most respected investment teams.
Through this model, GAM connects professional investors to differentiated sources of return and specialist insights, offering a platform that is both future-ready and aligned with evolving portfolio needs.
To connect with Karim Carmoun regarding GAM’s plans in the region, please contact:
Karim Carmoun
Managing Director
Head of France, Benelux and Monaco
Karim.Carmoun@gam.comMedia Relations:
Colin Bennett
T +44 (0) 20 73 938 544
colin.bennett@gam.com
Visit us: www.gam.com
Follow us: X and LinkedInAbout GAM
GAM Investments is a highly scalable global investment platform with strong global distribution capabilities focusing on three core areas, Specialist Active Investing, Alternative Investing and Wealth Management, that is listed in Switzerland. It delivers distinctive and differentiated investment solutions across its Investment and Wealth Management businesses. Its purpose is to protect and enhance clients’ financial future. It attracts and empowers brightest minds to provide investment leadership, innovation and a positive impact on society and the environment. Total assets under management were CHF 16.3 billion as of 31 December 2024. GAM Investments has global distribution with offices in 14 countries and is geographically diverse with clients in almost every continent. Headquartered in Zurich, GAM Investments was founded in 1983, and its registered office is at Hardstrasse 201 Zurich, 8005 Switzerland. For more information about GAM Investments, please visit www.gam.com.Other Important Information
This release contains or may contain statements that constitute forward-looking statements. Words such as “anticipate”, “believe”, “expect”, “estimate”, “aim”, “project”, “forecast”, “risk”, “likely”, “intend”, “outlook”, “should”, “could”, “would”, “may”, “might”, “will”, “continue”, “plan”, “probability”, “indicative”, “seek”, “target”, “plan” and other similar expressions are intended to or may identify forward-looking statements.
Any such statements in this release speak only as of the date hereof and are based on assumptions and contingencies subject to change without notice, as are statements about market and industry trends, projections, guidance, and estimates. Any forward-looking statements in this release are not indications, guarantees, assurances or predictions of future performance and involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of the person making such statements, its affiliates and its and their directors, officers, employees, agents and advisors and may involve significant elements of subjective judgement and assumptions as to future events which may or may not be correct and may cause actual results to differ materially from those expressed or implied in any such statements. You are strongly cautioned not to place undue reliance on forward-looking statements and no person accepts or assumes any liability in connection therewith.
This release is not a financial product or investment advice, a recommendation to acquire, exchange or dispose of securities or accounting, legal or tax advice. It has been prepared without taking into account the objectives, legal, financial or tax situation and needs of individuals. Before making an investment decision, individuals should consider the appropriateness of the information having regard to their own objectives, legal, financial and tax situation and needs and seek legal, tax and other advice as appropriate for their individual needs and jurisdiction.
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MIL-OSI Russia: Over the course of six months, following the results of auctions, the city sold and leased more than 7.5 hectares of land for the construction of real estate
Translation. Region: Russian Federal
Source: Moscow Government – Government of Moscow –
An important disclaimer is at the bottom of this article.
In the first half of 2025, investors leased and purchased land for the construction of various facilities in six administrative districts of the capital. This was reported by the Deputy Mayor of Moscow for Urban Development Policy and Construction Vladimir Efimov.
“Over the first six months of 2025, based on the results of auctions, more than 40 plots with a total area of over 7.5 hectares were leased and purchased from the city. Almost 84.2 thousand square meters of real estate are planned to be built on these sites, including industrial, public and business facilities and private residential buildings. The land is located in six administrative districts, the majority of which is in TiNAO: there are 36 plots there. Two objects were purchased in the southwest and west, one in the east and southeast of the capital,” Vladimir Efimov noted.
For the construction of non-residential facilities, the city offers investors two formats: a land lease agreement for construction or an agreement on the implementation of a large-scale investment project (MaIP).
“Based on the results of the first half of the year, entrepreneurs signed three agreements with the city on the implementation of the MAIP. According to one of them, a modern retail and office building will appear on the territory of the administrative and business center “Kommunarka”, the second provides for the construction of two industrial facilities with an area of 12.5 thousand square meters in the Nekrasovka and Vnukovo districts. Another 36 plots, mainly in the Troitsky administrative district, were sold to individuals for individual housing construction. Commercial buildings will be erected under three land lease agreements in the southwest of the capital and in the Tatar Administrative District,” she noted.
Ekaterina Solovieva, Minister of the Moscow Government, Head of the Moscow Department of City Property.
You can find out information about land plots put up for auction, rules for holding auctions and study the documentation in the section “Moscow Trades” on the capital’s investment portal. All contracts are concluded electronically in the buyer’s personal account.
According to the head of the Moscow City Department for Competition Policy Kirill Purtov, the capital offers a convenient format for holding auctions and guarantees legal purity and transparency of the transaction, which contributes to the popularity of city auctions among entrepreneurs and city residents. In the first six months of this year, at auctions for the sale of land plots for the construction of both commercial and residential properties, an average of 11 participants bid for one lot.
The development of electronic services for entrepreneurs is being implemented within the framework of the national project “Data Economy”.
Get the latest news quickly official telegram channel the city of Moscow.
Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.
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MIL-OSI Russia: The city has put eight premises in new buildings in the Fili-Davydkovo district up for auction
Translation. Region: Russian Federal
Source: Moscow Government – Government of Moscow –
An important disclaimer is at the bottom of this article.
Entrepreneurs are offered to purchase eight commercial premises with an area of 64.3 to 135.7 square meters in the west of Moscow. All of them are located on the ground floors and have a flexible purpose. This was reported by the head of the Moscow City Department for Competition Policy Kirill Purtov.
“Commercial real estate properties in new buildings are of interest to investors – in the first half of 2025, 714 business premises with a total area of 132.2 thousand square meters were sold at open auctions. Currently,
Moscow investment portal eight free-use lots in residential complexes in the Fili-Davydkovo area are presented. The premises are located on the ground floors and are suitable for opening a store, cafe, order pick-up point or other local infrastructure facilities. Open auctions will be held on August 12,” said Kirill Purtov.
The objects are located at the following addresses: Oleko Dundicha Street, Building 29 and Building 31, Block 1. This is next to the Filevsky Park metro station. Each premises has a separate entrance from the street, electricity, water supply and sewerage.
The bidding campaigns will end on August 1. Both individuals and legal entities can participate in the bidding. This will require registration on the Roseltorg online platform and an enhanced qualified electronic signature.
Moscow is a city that develops entrepreneurship. The capital puts up for auction various real estate properties, and the showcase of the lots on offer is Moscow investment portal. In the section “Moscow Trades” Photos of the lot, documentation, conditions and form of implementation are published. Here you can also take a 3D tour of the objects. Participation is completely remote: the auction is held online.
Development of electronic services for business corresponds to the objectives of the national project “Data Economy and Digital Transformation of the State” and the regional project of the city of Moscow “Digital Public Administration”.
Get the latest news quicklyofficial telegram channel the city of Moscow.
Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.
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MIL-OSI Africa: Lordina Foundation Boosts Healthcare in Techiman North; Donates Medical Equipment to Member of Parliament (MP)
Source: APO
The First Lady’s humanitarian organisation, the Lordina Foundation, has donated a quantity of essential medical supplies and equipment to the Techiman North constituency to enhance healthcare delivery.
The items were officially handed over to the Member of Parliament for Techiman North and Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Agyare, by Mrs Lordina Dramani Mahama, First Lady and President of the Foundation.
Mrs Mahama reiterated the Foundation’s enduring commitment to improving the quality of life for vulnerable populations in the country.
“We are dedicated to contributing to the development of deprived children and women in both rural and urban areas, focusing on quality healthcare promotion, education, and overall well-being,” Mrs. Mahama stated during the presentation ceremony.
“This donation highlights our belief in collaborative efforts to foster sustainable development within Ghana’s health sector.”
Mrs Ofosu-Agyare (MP) expressed her gratitude and that of the people of Techiman North for the gesture, noting that the equipment and supplies will have a positive impact on the health delivery service.
“This contribution from the Lordina Foundation will play a pivotal role in bridging gaps in our healthcare system. It reflects our shared commitment to improving the well-being of our people,” she said.
This initiative is part of the Lordina Foundation’s broader mission to modernise and strengthen under-resourced health facilities across communities, and to ensure medical professionals are equipped with the necessary tools to provide high-quality, life-saving care to patients.
The items presented include Hospital and Theatre Beds, Delivery Beds, Incubators, Theatre Lights, Phototherapy Machines, Baby Scales, Syringes and Gloves and Trolleys. The remaining items include Wheelchairs, Commodes, Baby Cots, Baby Carts, Medical Screens, Baby Baths, Bedside Cabinets, and Overhead Tables.
Distributed by APO Group on behalf of The Presidency, Republic of Ghana.
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UAE Introduces Sugar-Based Tax on Sweetened Beverages to Promote Healthier Choices
Source: Government of India
Source: Government of India (4)
The United Arab Emirates (UAE) is set to implement a paradigm shift in its policy regarding excise tax on sugar-sweetened beverages (SSBs) from January 2026, announced the Ministry of Finance and Federal Tax Authority (FTA) .The new rule will shift from a flat 50% tax rate to a tiered volumetric model, where the tax per liter is directly linked to the sugar content per 100ml of a beverage. This move aims to reduce sugar consumption, promote healthier dietary habits, and combat lifestyle-related diseases such as obesity and Type 2 diabetes.
Under the current system, introduced in 2017 and expanded in 2019, all sweetened beverages—including carbonated drinks, energy drinks, and products with added sugars or sweeteners, are subject to a uniform 50% excise tax. The new tiered system will impose higher taxes on beverages with greater sugar content, incentivizing manufacturers to reformulate their products to lower sugar levels. “The updated mechanism encourages manufacturers to reduce added sugars and empowers consumers to make more informed dietary choices,” the Ministry of Finance stated.
Health experts have praised the initiative as a significant step toward addressing public health challenges in the UAE, where the prevalence of diabetes among adults is approximately 20.7%, according to 2024 statistics from the International Diabetes Federation. This policy is commendable in the fight against obesity, metabolic syndrome, and Type 2 diabetes.”The policy aligns with the UAE’s broader health strategy and sustainable development goals, developed in coordination with the Ministry of Health and Prevention.The UAE’s innovative approach to taxing sweetened beverages based on sugar content positions the country as a leader in using fiscal policy to drive public health outcomes, with potential ripple effects across the region.
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MIL-OSI United Kingdom: Sizewell C gets green light with final investment decision
Source: United Kingdom – Executive Government & Departments
Press releaseSizewell C gets green light with final investment decision
Government agrees final investment decision to give Sizewell C nuclear plant the go-ahead.
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Energy Secretary signs off on multi-billion-pound deal for Sizewell C, that will deliver clean power for the equivalent of six million homes and support 10,000 jobs at peak construction.
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Government secures deal that will see Sizewell deliver electricity system savings of £2 billion a year on average once operational.
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The government will become the largest shareholder, alongside private investors EDF, Centrica, La Caisse and Amber Infrastructure.
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Project will be built for around 20 per cent less than virtual replica Hinkley Point C, as part of the government’s Plan for Change to kick-start economic growth and protect family finances.
Millions of working people will benefit from cheaper clean power, as the government agrees a landmark, multi-billion-pound deal to build Sizewell C – a major step forward in the delivery of a new ‘golden age’ of nuclear under the government’s Plan for Change.
The Energy Secretary has today (22 July) signed the final investment decision for Sizewell C, which will deliver clean power for the equivalent of six million homes and support 10,000 jobs once operational. The deal represents the country’s most significant public investment in clean, homegrown energy this century – in a major boost for energy security, jobs and economic growth.
The deal ends an era of dithering and delay to give Sizewell C the go-ahead, that will help secure Britain’s home-grown nuclear supply far beyond 2030. It marks a major step in the government’s clean energy superpower mission, which is about replacing the UK’s dependence on fossil fuel markets with clean homegrown power that the country controls, to bring down bills for good and protect family finances.
The plant will deliver cheaper clean electricity for generations of families for at least six decades. Analysis shows the project could create savings of £2 billion a year across the future low-carbon electricity system once operational – leading to cheaper power for consumers.
The project will also help to kick-start economic growth and get Britain building. At peak construction, Sizewell C will support 10,000 jobs directly employed in the project, and thousands more in the nationwide supply chain, as well as creating 1,500 apprenticeships. Seventy per cent of the value of construction is set to be awarded to British businesses – Sizewell C Ltd anticipates it will have 3,500 UK companies in its supply chain across the entire country.
Energy Secretary Ed Miliband said:
It is time to do big things and build big projects in this country again- and today we announce an investment that will provide clean, homegrown power to millions of homes for generations to come.
This government is making the investment needed to deliver a new golden age of nuclear, so we can end delays and free us from the ravages of the global fossil fuel markets to bring bills down for good.
The government has confirmed it will take an initial 44.9 per cent stake to become the single biggest equity shareholder in the project – meaning the British people will benefit from the government’s investment.
The new Sizewell C shareholders include La Caisse with 20 per cent, Centrica with 15 per cent, and Amber Infrastructure with an initial 7.6 per cent. This comes alongside French energy giant EDF taking a 12.5 per cent take in the project, set out earlier this month, as well as a proposed £5 billion debt guarantee from France’s export credit agency, Bpifrance Assurance Export, to back the company’s commercial bank loans.
Alongside this investment, the National Wealth Fund – the government’s principal investor and policy bank – is making its first investment in nuclear energy. It will provide the majority of the project’s debt finance, working alongside Bpifrance Assurance Export, to help support the building of the power plant.
Chancellor of the Exchequer Rachel Reeves said:
La Caisse, Centrica and Amber’s multi-billion pound investment is a powerful endorsement of the UK as the best place to do business and as a global hub for nuclear energy.
Delivering next generation, publicly-owned clean power is vital to our energy security and growth, which is why we backed Sizewell C. This investment will create thousands of good quality jobs and boost the local economy as we deliver on our Plan for Change.
Julia Pyke and Nigel Cann, Joint Managing Directors of Sizewell C, said:
We’re delighted to welcome new investors alongside Government and EDF who, like our suppliers, have strong incentives to keep costs under control and ensure we deliver Sizewell C successfully for consumers and taxpayers
By investing in Sizewell C, they are laying the foundations for a more secure, cleaner and more affordable energy system. Because 70% of our construction spend will be in the UK, with a £4.4bn commitment to the east of England, they will also help to create thousands of great jobs and new opportunities for people and businesses up and down the country.
We are determined to deliver this major infrastructure differently, and to make sure this is a project Britain can be proud of.
The investment deal builds on lessons learnt from the construction of Hinkley Point C to provide a funding model that spreads the around £38 billion cost of constructing Sizewell C between consumers, taxpayers and private investors. This represents a saving of around 20 per cent compared with Hinkley Point C and demonstrates the value of building a virtual replica project.
For the first time, the British people will be co-owners of a nuclear power plant alongside experienced private sector partners – with consumers to benefit from the government’s investment. This will ensure the impact on consumer bills is limited to an average of around £1 per month over the duration of Sizewell C’s construction, with the nuclear plant to deliver cheaper clean power for decades to come once operational.
Despite the UK’s strong nuclear legacy, including opening the world’s first commercial nuclear power station in the 1950s, no new nuclear plant has opened in the UK since 1995, with all of the existing fleet except Sizewell B likely to be phased out by the early 2030s.
Sizewell C was one of eight sites identified in 2009 by then-Energy Secretary Ed Miliband as a potential site for new nuclear. However, the project was not fully funded in the 14 years that followed under subsequent governments.
The government’s nuclear programme is now the most ambitious for a generation. Once small modular reactors and Sizewell C come online in the 2030s, combined with Hinkley Point C, this will deliver more new nuclear to the grid than over the previous half century combined.
Recently, the government also set out next steps for small modular reactors in the UK and last month selected Rolls-Royce SMR as the preferred bidder to build first reactors of this kind in the country. Following this, the Prime Minister signed a new agreement with Czech Prime Minister Fiala last week that will see the two countries work more closely on small modular reactors to seize export opportunities and support high-skilled jobs.
John Flint, National Wealth Fund CEO, said:
Nuclear energy is a key component on the path to deliver the Government’s growth and clean energy missions, and our financing for Sizewell C will help provide decades of clean, reliable electricity for millions of homes across the country.
We have a critical role to play in solving financing problems across a broad waterfront of relevant sectors and Treasury has recognised that today by providing the NWF with additional capital required to enable our lending to Sizewell C. As the government’s flagship investor and policy bank, it is a privilege to be able to play such a significant role in a project of such national importance.
Gavin Tait, Chief Executive Officer, Amber Infrastructure Group, a Boyd Watterson Global Company, investment adviser to International Public Partnerships Limited, said:
We have worked in partnership with the UK Government to adapt the way a construction project of Sizewell C’s scale and importance can be financed to attract the long-term investment of institutional investors and retail savers. INPP has helped finance new infrastructure in the UK since 2006, and Sizewell C is a landmark example of how the public and private sectors can invest together to strengthen national energy security and support future economic growth.
Chris O’Shea, Centrica Group Chief Executive, said:
The UK needs more reliable, affordable, zero carbon electricity, and Sizewell C will be critical to supporting the country’s energy system for many decades to come. That’s why I’m delighted to be announcing this milestone investment which will see Centrica commit £1.3 billion for a 15% equity stake in the project, and deepens our long-standing involvement in the UK nuclear industry. This isn’t just an investment in a new power station – it’s an investment in Britain’s energy independence, our net zero journey, and thousands of high-quality jobs across the country.
Sizewell C is a compelling investment for our shareholders and the country as a whole, and I look forward to working with our world-class partners, EDF, La Caisse, Amber Infrastructure Group and the UK government, to make the project a great success.
Simone Rossi, CEO of EDF in the UK said:
EDF welcomes the government’s announcement that it has delivered on its commitment to take a final investment decision on the Sizewell C project.
Alongside Hinkley Point C, the project will help drive economic growth, strengthen energy security and lower bills over the long term.
The confirmation of the private investment is very positive and reflects the growing attraction of the role of nuclear power in the energy transition. It could also pave the way for the financing of future large nuclear projects in the UK.
Emmanuel Jaclot, Executive Vice-President and Head of Infrastructure at La Caisse said:
Our commitment to invest in Sizewell C reflects La Caisse’s constructive capital approach, working to deliver optimal financial performance for our clients alongside broader economic and societal progress.
La Caisse has a strong track record of bringing private sector expertise alongside governments and industrial players to invest in complex, regulated infrastructure where value-for-money for consumers is key. Sizewell C is a positive development for UK consumers, as it is expected to provide long-term reliable baseload power and low carbon energy to more than 6 million homes across the UK, while contributing to the creation of 10,000 new jobs at peak construction and thousands more in the nationwide supply chain.
We’re proud to support the UK Government in delivering this landmark project, advancing the country’s energy security and economic growth ambitions. Our investment demonstrates our confidence in the UK market – our largest destination outside North America – and aligns with our commitment to the energy transition and decarbonization, enabled by our long-term capital and active ownership.
Ofgem CEO Jonathan Brearley said:
Ofgem welcomes the government’s decision to move forwards with the Sizewell C project. New nuclear power stations such as this have a key role to play in enhancing Great Britain’s energy security with reliable domestically generated clean power.
Ofgem has been working closely with the government to develop the new regulatory framework to help drive investment in nuclear energy and deliver the best deal for consumers.
Neil McDermott, Chief Executive of LCCC, said:
Sizewell C is a pivotal project in the transition to a clean, secure energy system. It will deliver reliable low carbon power for decades to come, while supporting jobs and investment across the country.
LCCC is proud to support this milestone through its role as the revenue collection counterparty. Our independent role ensures funds are managed fairly and transparently, protecting value for consumers and enabling long-term investor confidence in low carbon infrastructure.
Notes to editors:
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Sizewell C has already signed £330 million in contracts with local companies and will boost supply chains across the UK with 70% of contracts predicted to go to 3,500 British suppliers – supporting new jobs in construction, welding, and hospitality.
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The government has published a subsidy scheme for the Final Investment Decision in Sizewell C. This scheme covers the government’s equity and debt investment in the project, as well as the value of consumer levies from the RAB delivery model – a Government Support Package to protect investors from high-impact low-probability risks, and other guarantees.
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The Sizewell C project is consolidated to the government’s balance sheet, meaning that all investment from the government and new investors is on the balance sheet.
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The total equity and debt finance made available exceeds the target construction cost of around £38 billion (2024 prices), this acts as a safeguard for taxpayers in case of overruns and is standard for a project of this size and complexity. The project supply chain is strongly incentivised to keep costs down and investors will lose potential revenue if there are overruns, reducing risk for taxpayers.
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According to our Value for Money assessment SZC could reduce the cost of a low-carbon electricity system by around £2 billion per year on average, once operational.
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Urenco recently confirmed a 15-year deal with EDF to produce fuel for nuclear power stations. The multi-billion-euro contract, with significant value for the UK, will support Urenco UK’s workforce of more than 1,400 people and support the company’s important contribution to UK economic growth, which represented more than £256 million in 2023.
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French engineering company Assystem has also set out plans to double its nuclear workforce in the UK, creating 1,000 new engineering, digital and management jobs by 2030 across 10 UK sites, including in Sunderland, Blackburn, Derby, Bristol and London.
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The government is providing the National Wealth Fund with additional capital to facilitate this lending to Sizewell C, separate to the existing £27.8bn which will continue to be invested across the NWF’s priority sectors. For National Wealth Fund queries, please contact press@nationalwealthfund.org.uk
Updates to this page
Published 22 July 2025 -
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MIL-OSI New Zealand: UAE deal passes, unlocking $500 billion market
Source: New Zealand Government
The NZ-UAE Comprehensive Economic Partnership Agreement (CEPA) legislation has passed into law today, clearing the way for Kiwi exporters to tap into a $500 billion market that imports 90 per cent of its food, Agriculture, Trade and Investment Minister Todd McClay announced.
“The NZ-UAE CEPA delivers real benefits for New Zealand exporters, lowering costs, increasing access, and securing a stronger presence in the Middle East,” Mr McClay says.
This is the highest-quality, and fastest, agreement negotiated by New Zealand that will immediately remove tariffs on 98.5 per cent of New Zealand’s exports upon entry to force, rising to 99 per cent in three years.
“This high-quality trade agreement builds on New Zealand’s strengths. UAE consumers are actively seeking safe, fresh products from around the world and are willing to pay more for them. This agreement gives New Zealand exporters an opportunity to lead in this competitive market,” Mr McClay says.
Two-way trade between New Zealand and the UAE was worth $1.35 billion last year, and CEPA will accelerate growth by reducing red tape, boosting services trade, and supporting investment links.
“Trade agreements are about opening doors and levelling the playing field for New Zealand exporters,” Mr McClay says.
“The CEPA is another step toward achieving the Government’s goal of doubling the value of exports in 10 years. Growing our trade relationships helps boost the economy, lift incomes, and provide the public services Kiwis deserve.”
The CEPA will enter into force following ratification procedures by both parties.
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MIL-OSI USA: Cortez Masto, Bipartisan Delegation Meet with Canadian Prime Minister, Discuss Critical U.S.-Canada Trade Partnership
US Senate News:
Source: United States Senator for Nevada Cortez Masto
On a bipartisan trip to Ottawa, Senator Cortez Masto highlighted the harm President Trump’s trade war with Canada is having on Nevada’s travel and tourism economy
Washington, D.C. – Today, U.S. Senator Catherine Cortez Masto (D-Nev.) returned from a bipartisan trip to Canada with Senators Ron Wyden (D-Ore.), Lisa Murkowski (R-Alaska), and Maggie Hassan (D-N.H.). While there, they met with Canadian Prime Minister Mark Carney to support the resolution of unnecessary trade conflicts between the United States and Canada, which are raising costs for American families and hurting Nevada’s travel and tourism industries.
“Canada is one of America’s closest trade partners and allies, and in Nevada, we have a special connection with our neighbors to the north,” said Senator Cortez Masto. “Every year, well over a million Canadians visit the Silver State. Despite the chaos of the Trump presidency, I will continue to fight to ensure American workers are treated fairly, while strengthening our ties with Canada to bolster our tourism economy and promote American national security. We can do both.”
In 2024, Canada was Nevada’s most important foreign market for travel, and 1.49 million Canadian visitors traveled to the state, primarily to Las Vegas. Since President Trump took office, however, the relationship between the United States and Canada has declined, threatening this vital travel and tourism relationship. The airlines with direct flights from Canada to Las Vegas have shown significant passenger declines this year, including a decrease of 64 percent for Flair, 34.6 percent for WestJet, and 22 percent for Air Canada. Overall, visitation from Canada to Las Vegas is down 14.5 percent this year.
The Senators also met with Foreign Minister Anita Anand, Finance Minister François-Philippe Champagne, Minister of Industry Melanie Joly and Canada-U.S. Trade Minister Dominic LeBlanc. The members raised a number of trade, tourism and economic issues, the importance of partnering on national security and cybersecurity, and on working together to combat fentanyl trafficking.
Senator Cortez Masto has continued to push the Trump Administration to address the impacts of Trump’s tariffs on working families and Nevada small businesses. During a Senate Finance Committee hearing, Cortez Masto pressed U.S. Trade Representative Greer about the impacts of President Trump’s blanket tariffs on Nevadans, particularly those employed in the tourism and hospitality industry. The Senator introduced the Tariff Transparency Act to require the U.S. International Trade Commission to publicly investigate how Donald Trump’s proposed tariffs on imports from Mexico and Canada would impact the American people.
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MIL-OSI Banking: Apple Retail arrives in Saudi Arabia with launch of Apple Store online
Source: Apple
Headline: Apple Retail arrives in Saudi Arabia with launch of Apple Store online
July 21, 2025
PRESS RELEASE
Apple Retail arrives in the Kingdom of Saudi Arabia with launch of the Apple Store online
RIYADH, SAUDI ARABIA Apple today announced the expansion of Apple Retail into the Kingdom of Saudi Arabia with the launch of the Apple Store online and Apple Store app, introducing support directly from Apple in Arabic for the very first time. The arrival of the online store marks a new era for customers in Saudi Arabia, who will be able to shop Apple’s full range of products with exceptional service delivered by Apple’s talented, dedicated team members.
“We are thrilled to bring the Apple Store online and the Apple Store app to Saudi Arabia, offering customers a new way to explore and shop Apple’s extraordinary lineup of products and services,” said Deirdre O’Brien, Apple’s senior vice president of Retail and People. “Our customers in Saudi Arabia are passionate about the things they can do with technology, and our teams can’t wait to connect with customers and help them discover how Apple innovations can meaningfully enrich their daily lives.”
The Most Personalized Shopping Experience
The Apple Store online is the best place for customers in Saudi Arabia to discover and shop Apple’s full lineup of products. With the Apple Store app, customers can enjoy a personalized shopping experience with recommendations tailored to the Apple products they already own. Additionally, customers can compare different models, access their saved items, and easily track their orders.
The Apple Store online and Apple Store app offer the most personalized experience for customers to shop iPhone. The iPhone 16 lineup is built from the ground up for Apple Intelligence, unlocking exciting new capabilities that make iPhone even more helpful and powerful, all while taking an extraordinary step forward for privacy.1
Apple offers configure-to-order options for Mac customers, allowing them to select and customize the device to their specific requirements, including chip memory and storage. Customers can also personalize their Apple Watch case and band combination to create a unique look.
For the first time ever, free engraving is available in Arabic and English on apple.com/sa-en/store. Customers can personalize their AirPods, Apple Pencil, AirTag, and more with text, emoji, and numbers in dual language.
Apple’s Retail Services
Apple’s incredible retail services make it easier than ever for customers in Saudi Arabia to discover and shop Apple technology.
Personalized shopping support via chat and phone helps customers to find the best product that suits their needs. After receiving their order, customers can also connect with an Apple team member online to get help with Personal Setup, switching to iOS with easy and safe data migration, as well as cellular activation.
To support flexible shopping, the Apple Store online will offer an affordability option through Tamara. With Buy Now Pay Later, customers can shop their favorite lineups and pay in four-month installments at 0 percent interest.
The Apple Trade In program allows customers in Saudi Arabia to trade in their current device and receive credit toward a new one. If their device is not eligible for a credit, Apple will recycle it for free, diverting electronic waste from landfills and saving precious materials.
With AppleCare+, customers can receive one-stop service and support from Apple experts available on iPhone, Mac, iPad, and Apple Watch. AppleCare+ provides customers with two years of priority support and service, priority access to experts, and protection for their devices.
Through the Apple Education Store, higher education students, their parents, and teachers and staff at all levels can exclusively save on a Mac or iPad with Apple education pricing. And until September 30, eligible customers can take advantage of a special back-to-school offer that includes AirPods or an accessory of their choice when they buy an eligible Mac or iPad.
Apple announced its plans to begin opening the first of several flagship Apple Store locations in Saudi Arabia starting in 2026. As part of this expansion, Apple is in the initial stages of planning an iconic retail store coming to Diriyah, a UNESCO World Heritage site. Apple’s retail expansion builds on its existing investments and activities in the country. This includes the region’s first Apple Developer Academy, which opened in Riyadh in 2021 in partnership with the Government of the Kingdom of Saudi Arabia, Tuwaiq Academy, and Princess Nourah bint Abdulrahman University.
For all of the latest information and to learn more about Apple’s products and services, visit apple.com/sa-en/store.
About Apple Apple revolutionized personal technology with the introduction of the Macintosh in 1984. Today, Apple leads the world in innovation with iPhone, iPad, Mac, AirPods, Apple Watch, and Apple Vision Pro. Apple’s six software platforms — iOS, iPadOS, macOS, watchOS, visionOS, and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay, iCloud, and Apple TV+. Apple’s more than 150,000 employees are dedicated to making the best products on earth and to leaving the world better than we found it.
- Apple Intelligence is available in beta on all iPhone 16 models, iPhone 15 Pro, iPhone 15 Pro Max, iPad mini (A17 Pro), and iPad and Mac models with M1 and later, with Siri and device language set to the same supported language, as part of an iOS 18, iPadOS 18, and macOS Sequoia software update. Supported languages include English, French, German, Italian, Japanese, Korean, Portuguese (Brazil), Chinese (simplified), and Spanish. More languages will be coming by the end of this year: Danish, Dutch, Norwegian, Portuguese (Portugal), Swedish, Turkish, Chinese (traditional), and Vietnamese. Some features may not be available in all languages or regions, and availability may vary due to local laws and regulations. For more details, visit apple.com/apple-intelligence.
Press Contacts
Pia Fontes
Apple
Brian Bumbery
Apple
Apple Media Helpline
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South Korea finance minister, trade envoy to hold tariff talks with US counterparts
Source: Government of India
Source: Government of India (4)
South Korea’s new finance minister and the country’s top trade envoy will meet in Washington with U.S. counterparts on Friday for talks on U.S. tariffs, Finance Minister Koo Yun-cheol said on Tuesday.
The country’s foreign and industry ministers will also visit the U.S. for trade discussions as early as this week, Koo told reporters after a meeting of economic ministers.
Koo took office on Monday.
The four officials complete a new cabinet team under President Lee Jae Myung who was sworn in on June 4 after winning a snap election called after his predecessor’s ouster for trying to declare martial law.
The political turmoil that ensued delayed South Korea’s response to U.S. President Donald Trump’s punishing tariff regime imposed on dozens of trade partners, including key industrial powerhouses that are also security allies.
Koo and Minister for Trade Yeo Han-koo will hold talks with U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer on Friday at the request of the U.S. officials, the finance minister said.
“We’ve had discussions from the perspective of national interest and pragmatism and we’ll do our best to prepare a meticulous strategy until we’re leaving,” Koo said, declining to say whether Seoul was hoping to push back the August 1 deadline before reciprocal tariffs set by Trump are due to come in.
Yeo said on Tuesday he would seek to base the talks around forming a manufacturing partnership with the United States.
On Monday, South Korea’s new Industry Minister Kim Jung-kwan said tariff talks were in a critical phase that could result in a range of possible outcomes and pledged an all-out effort to wrap up negotiations by August 1.
Trump has vowed to slap tariffs on a range of countries including South Korea to reduce what he called unfair trade imbalances.
On Saturday, Japan’s top tariff negotiator, Ryosei Akazawa, said he planned to visit Washington this week to hold further ministerial-level talks, as Tokyo hopes to clinch a deal by its August 1 deadline.
(Reuters)
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MIL-OSI Economics: Business Leaders Urge Recommitment to Open, Rules-based and Predictable Trade, Call for Bold Action to Secure Future Growth Hai Phong, Viet Nam | 22 July 2025 APEC Business Advisory Council
Source: APEC – Asia Pacific Economic Cooperation
aRepresentatives of the APEC Business Advisory Council (ABAC) met in Hai Phong, Viet Nam to finalize their recommendations to APEC Leaders and seven Sectoral Ministerial Meetings to be held in Korea later this year. During the meeting, ABAC members reiterated an urgent call to APEC Leaders to reaffirm their commitment to open, rules-based, non-discriminatory, predictable and competitive markets in the face of mounting trade tensions, policy volatility and global uncertainty.
APEC’s prosperity has long rested on reducing distortions and opening markets, anchored by transparent, rules-based trade but today, that foundation is under threat.
Escalating trade frictions and uncertainty are disrupting supply chains, inflating costs, shaking business confidence and threatening jobs and living standards. This is throttling growth and distracting from the critical work of revitalizing businesses and our economies. In a ‘Statement on Open Markets’, ABAC underscored that the business community needs a return to the stable trade and economic environment that has underpinned decades of prosperity for every APEC economy.
As leaders of the Asia-Pacific business community, ABAC recognizes that artificial intelligence (AI) is reshaping our economies, societies and daily lives. Yet the full benefits of AI cannot be realized without robust, efficient and sustainable infrastructure to support its development and deployment. In its Declaration on Sustainable AI Infrastructure and Investment, ABAC reaffirmed its commitment to shaping an AI-powered future that is not only innovative and inclusive, but also environmentally responsible.
Priorities for Inclusive and Sustainable Growth
In the 2025 Report to APEC Leaders, ABAC finalized the recommendations it will present later this year to drive sustainable and inclusive growth in the region including the following:
- Accelerating the realization of the Free Trade Area of the Asia-Pacific (FTAAP), with early deliverables like the APEC Centre of Excellence on Paperless Trade, a new equal pay framework and a Greener Trade Framework.
- Reforming and modernizing the WTO including making permanent the E-Commerce Moratorium for digital products.
- Mobilizing investment to fund energy transitions, digital infrastructure, and disaster response.
- Leading in Digital Transformation by ensuring equitable access to secure, sustainable digital infrastructure, shaping responsible AI deployment and governance and developing interoperable digital trade rules.
- Strengthening healthcare supply chains and market access for innovations like genomics and AI.
- Tackling demographic shifts by promoting workforce participation, labor mobility, skills recognition, pensions reform and leveraging emerging technologies.
ABAC’s work and recommendations are guided by the theme this year—“Bridge. Business. Beyond.” This reflects what is needed to deliver ABAC’s vision: bridge divides, empower businesses to drive growth and look beyond short-term challenges to long-term prosperity.
ABAC stands ready to work with APEC Leaders to shape a future of inclusive, sustainable growth for all.
ABAC 2025 Chairman H.S. Cho thanked His Excellency Luong Cuong, President of Viet Nam, who opened the ABAC meeting.
ABAC expressed its appreciation to ABAC Viet Nam for the excellent arrangements and the leaders of Hai Phong City for supporting the meeting. Prior to the start of the ABAC meeting, members joined participants to the Hai Phong Investment Promotion Conference held prior to their Meeting where they engaged with H.E. President of Viet Nam, Hai Phong City Leaders and local business owners.
For further information, please contact:
Hyungkon Park (Mr), ABAC Executive Director 2025 at +82 2 6050 3686 and [email protected]
Antonio Basilio (Mr), Director of the ABAC Secretariat at +63 917 849 3351 and [email protected] -
MIL-OSI Submissions: Australia – New-age and old school shark bite prevention strategies put to the test on Gold Coast beaches – Flinders Uni
Source: Flinders University22 July 2025 – Amid growing concerns about shark bites on Australian beaches, researchers have developed a new framework to compare and assess the broad range of prevention measures available to help identify which are most suitable to dynamic conditions.
Flinders University researchers, in collaboration with The University of Queensland and state government agencies, developed 12 comprehensive but adaptable criteria encompassing mitigation efficiency, but also socio-economic and environmental factors.
Published in the scientific journal People and Nature, the research used this new framework to compare 15 different mitigation measures that could be used on the Gold Coast – including cutting-edge technology and traditional strategies – and reveals that a combination of strategies is most effective at reducing the likelihood of shark bites.
“Our analysis includes lethal options like traditional nets and drumlines, and non-lethal real-time shark alerts withSMART drumlines, drones, and early warning systems alongside personal electronic deterrents, listening stations, amid many other measures says, Southern Shark Ecology Group Research Leader at Flinders University and study co-author, Professor Charlie Huveneers.
“It’s designed to be adaptable across various coastal environments, including murky, enclosed bays to clear, dynamic surf beaches and can accommodate new technologies or changing needs over time.
“Importantly, this approach recognises that no single solution is universally effective; instead, a combination of approaches—such as public education, and behavioural changes— equally shared between state governments and growing numbers of surfers and beachgoers is likely to be most successful in reducing shark-bite risk.”
Michelle Henriksen, lead author of the study, says public sentiment is shifting towards the deployment of non-lethal strategies, so experts want to gain knowledge about their effectiveness.
“Results reiterated the societal shift towards non-lethal measures and highlighted which mitigation measures, or performance criteria lacked information, helping to identify knowledge gaps and research needs.”
“By assessing the effectiveness of non-lethal mitigation, we’ve reflected community sentiment on the importance of introducing new methods that protect both sharks and beachgoers,” Ms Henriksen says.
Shark-bite prevention measures strengths and weaknesses:
- Physical Barriers: Effective in calm waters but impractical in surf zones like the Gold Coast.
- Drones: Widely supported for shark detection; cost-effective and efficient for beach monitoring.
- Personal electric Deterrents: Public education needed to improve acceptance.
- SMART Drumlines: Non-lethal but concerns about bait attraction and response times.
- Tagging: Requires sharks to be tagged and network of acoustic receivers but provide early warnings of shark presence
- Sonar: Low effectiveness due to limited coverage and detection accuracy; better suited for future use with tech improvements.
- Behavioural Interventions: Highly supported; focuses on education, personal responsibility, and safer ocean practices for people, instead of focusing on sharks.
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MIL-OSI United Nations: ‘Sustainable Development Goals Not Dream, but Plan’, Secretary-General Tells Political Forum
Source: United Nations General Assembly and Security Council
The following are UN Secretary-General António Guterres’ remarks to the ministerial segment of the high-level political forum on sustainable development, in New York today:
This year’s high-level political forum arrives at a time of profound challenge — but also real possibility. Despite enormous headwinds, we have seen just in the last two months what can be achieved when countries come together with conviction and focus.
We saw it in Geneva, where the World Health Assembly adopted the Pandemic Agreement — a vital step toward a safer, more equitable global health architecture. We saw it in Nice at the third UN Ocean Conference, where Governments committed to expand marine protected areas and tackle plastic pollution and illegal fishing.
And we saw it in Sevilla at the fourth International Financing for Development Conference, where countries agreed on a new vision for global finance — one that expands fiscal space, lowers the cost of capital, and ensures developing countries have a stronger voice and participation in the organizations that shape their future.
These are not isolated wins. They are signs of momentum. Signs that multilateralism can deliver. Signs that transformation is not only necessary — it is possible. And that is the spirit we bring to this high-level political forum.
This forum is about renewing our common promise — to end poverty, protect the planet, and ensure prosperity for all. We also recognize the deep linkages between development and peace.
We meet against the backdrop of global conflicts that are pushing the Sustainable Development Goals (SDGs) further out of reach. That’s why we must keep working for peace in the Middle East.
Over the weekend in Gaza, we saw yet more mass shootings and killings of people seeking UN aid for their families — an atrocious and inhumane act which I utterly condemn.
We need an immediate ceasefire in Gaza, the immediate release of all hostages, and unimpeded humanitarian access as a first step to achieve the two-State solution. We need the ceasefire between Iran and Israel to hold. We need a just and lasting peace in Ukraine based on the UN Charter, international law and UN resolutions.
We need an end to the horror and bloodshed in Sudan. And the list goes on, from the Democratic Republic of the Congo to Somalia, from the Sahel to Myanmar.
At every step, we know sustainable peace requires sustainable development. The Sustainable Development Goals are not a dream. They are a plan. A plan to keep our promises — to the most vulnerable people, to each other, and to future generations. People win when we channel our energy into development.
Since 2015, millions more people have access to electricity, clean cooking, and the internet. Social protection now reaches over half the world’s population — up from just a quarter a decade ago. More girls are completing school. Child marriage is declining. Women’s representation is growing — from the boardrooms of business to the halls of political power.
But we must face a tough reality: Only 35 per cent of SDG targets are on track or making moderate progress. Nearly half are moving too slowly. And 18 per cent are going backwards.
Meanwhile, the global economy is slowing. Trade tensions are rising. Inequalities are growing. Aid budgets are being decimated while military spending soars. And mistrust, division and outright conflicts are placing the international problem-solving system under unprecedented strain. We cannot sugarcoat these facts. But we must not surrender to them either.
The SDGs are still within reach — if we act with urgency and ambition. This year’s forum focuses on five critical Goals: health, gender equality, decent work, life below water, and global partnerships. All are essential. All are interconnected. All can spur change across other goals.
On health, COVID-19 exposed and deepened inequalities — and today, far too many people still lack access to basic care. We know what works. We must boost investment in universal health coverage, rooted in strong primary care and prevention, reaching those furthest behind first.
On gender equality, gaps remain wide. Women and girls face systemic barriers — from violence and discrimination to unpaid care and limited political voice.
But we also see growing momentum: from grassroots movements to national reforms. Now is the time to turn that momentum into transformation — with rights-based policies, accountability, and real financing into programmes that support inclusion and equality for women and girls.
On decent work, the global economy is leaving billions behind. Over 2 billion people are in informal jobs Youth unemployment is stubbornly high. But we have tools to change this.
The Global Accelerator on Jobs and Social Protection is helping countries invest in expanded social protection initiatives, skills training, and the creation of sustainable livelihoods — including in growing industries like clean energy.
Tomorrow, I will deliver an address on the enormous opportunities of the renewables revolution. The upcoming World Summit on Social Development can help spur further progress.
On life below water, our ocean and the communities that count on it are paying the price of overfishing, pollution, and climate change. We must deliver on the commitments of the Nice Ocean Conference — to protect marine ecosystems and support the millions who depend on them. And, finally, on global partnerships — SDG 17 — we need to strengthen all the elements that can support progress.
This means investing in science, data, and local capacity. And harnessing digital innovation — including artificial intelligence — to accelerate progress, not deepen divides.
Throughout, we must recognize the need to reform the unfair global financial system, which no longer represents today’s world or the challenges faced by developing countries.
We must ensure a reform for developing countries to have a stronger voice and greater participation to help advance the Sustainable Development Goals on the ground.
The Sevilla Commitment that emerged from the Conference on Financing for Development includes important steps: Through new domestic and global commitments that can channel public and private finance to the areas of greatest need.
By increasing the capacity of Governments to substantially mobilize domestic resources, including through tax reform. And by establishing a more effective framework for debt relief and tripling the lending capacity of multilateral development banks to the benefit of developing countries.
In the coming year, we must keep building. We must strengthen and scale up partnerships that deliver — including with the private sector and civil society organizations and local authorities.
We must embed long-term thinking into every decision, as we committed in the Declaration on Future Generations. And we must continue to learn from each other.
Voluntary national reviews — the backbone of this forum — are more than reports. They are acts of accountability. They are journeys of self-discovery as countries develop and build. And they are templates for other countries to follow and learn from.
By the end of this high-level political forum, we will have surpassed 400 reviews — with over 150 countries presenting more than once. That is a powerful signal of commitment. A clear demonstration that solutions exist and can be replicated and expanded.
With five years left, it’s time to transform these sparks of transformation into a blaze of progress — for all countries. Let us act with determination, justice and direction. And let’s deliver on development — for people and for planet.
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MIL-OSI China: Humanoid robot industry chain matchmaking event held at 3rd CISCE
Source: People’s Republic of China – State Council News
The Hubei Humanoid Robotics Industry Chain Matchmaking Conference was held on July 16 during the 3rd China International Supply Chain Expo (CISCE) in Beijing, with the theme “Synergizing Cutting-Edge Innovations, Empowering New Quality Productive Forces.”
Yu Jianlong, vice chairman of the CCPIT, speaks at the Hubei Humanoid Robotics Industry Chain Matchmaking Conference during the 3rd CISCE in Beijing, July 16, 2025. [Photo courtesy of CISCE Organizing Committee]
The event gathered over 400 participants, including ambassadors to China, academic experts, industry leaders and senior financial executives. Through keynote speeches, presentations, project promotions, product launches and strategic cooperation signings, the conference comprehensively showcased Hubei province’s advantages and potential in humanoid robot development. It facilitated precise connections across the industrial chain while injecting momentum into global humanoid robotics collaboration.
Yu Jianlong, vice chairman of the China Council for the Promotion of International Trade (CCPIT), stated at the event that as a pivotal hub where the Belt and Road Initiative intersects with the Yangtze River Economic Belt, Hubei boasts distinct geographical advantages, abundant sci-tech and educational resources, a robust innovation ecosystem and strong openness. In recent years, the province has demonstrated vigorous development momentum in humanoid robotics — from smart manufacturing to core component R&D, and from application scenarios to industrial ecosystem development.
“At this year’s CISCE, Hubei established the exclusive humanoid robotics exhibition zone, featuring 22 provincial enterprises showcasing over 80 exhibits — including 20 fully-integrated humanoid robots — collectively demonstrating Hubei’s complete industrial chain ecosystem for humanoid robotics,” Yu noted.
He emphasized that the CCPIT will continue expanding its enterprise service network and international partnerships, working with Hubei to establish high-quality cooperation platforms for Chinese and foreign enterprises. This will help position Hubei’s humanoid robotics industry as a standout brand in developing new quality productive forces.
Hu Zhonghai, director of the Hubei Sub-Council of the CCPIT, stated in his address that the humanoid robotics industry represents strategic high ground for developing new quality productive forces — serving as both a “barometer” for technological revolution and an “accelerator” for industrial upgrading. He emphasized Hubei’s ideal environment for robotics innovation, with its unique geographic advantages, strong industrial ecosystem support and superior open policies.
The joint exhibition booth of Hubei humanoid robotics enterprises during the 3rd CISCE in Beijing, July 19, 2025. [Photo/China.org.cn]
He noted the province has prioritized eight major projects, including breakthroughs in humanoid robotics, with 325 Global Fortune 500 companies having now established operations in Hubei. The province is firmly implementing its humanoid robotics industry roadmap targeting initial progress within one year, visible results in three years, and substantial momentum in five years.
Li Zhengxiang, chairman of the Hubei Humanoid Robotics Innovation Center, stated that the center is currently one of China’s largest and most scenario-rich innovation hubs for humanoid robotics. “Through a five-dimensional approach featuring platform leadership, industrial cluster development, financial support, talent empowerment and application scenario implementation, we will build a nationally influential ecosystem for the humanoid robotics industry,” he said.
Zhao Xingwei, legal representative of JCBot and professor at the School of Mechanical Science and Engineering, Huazhong University of Science and Technology (HUST), explained that JCBot has achieved industrialization with technical support from the team of academicians at HUST. The company’s products currently serve over 10 application fields, including industrial production, cultural tourism, emergency firefighting, inspection and warehousing. He emphasized JCBot will continue advancing R&D to expand into higher-value applications and support industrial upgrading.
During the new product launch session, Lou Kaiqi, deputy general manager of Hubei Optics Valley Dongzhi Embodied Intelligence Technology Co. Ltd., unveiled the company’s new humanoid robot model. Lou explained that the robot has already been deployed in various applications including exhibition hall docent services, retail guidance, reception duties and commercial performances, with plans for future expansion into government services, industrial operations, elderly care and other sectors.
A humanoid robot waves to the audience at the Hubei Humanoid Robotics Industry Chain Matchmaking Conference during the 3rd CISCE in Beijing, July 16, 2025. [Photo courtesy of CISCE Organizing Committee]
Shao Renjie, deputy director of integration at Hubei Kofon Intelligent Transmission Co. Ltd., unveiled a new drive joint module for humanoid robots at the event. The module integrates core components including high-torque motors, reducers and controllers, featuring high power density, precision control and lightweight design to meet dexterous movement requirements for humanoid robots. Shao noted that the launch of this module helps fill critical gaps in Hubei’s supply chain for humanoid robotics core components, strengthening local industrial self-sufficiency and control capabilities.
At the matchmaking conference, the Hubei Humanoid Robotics Industry Alliance signed strategic cooperation framework agreements with three partners: the Zhejiang Robot Industry Association, the National and Local Co-Built Humanoid Robotics Innovation Center, and the Zhongguancun Rongzhi Specialized Robotics Alliance. Under the agreements, the four parties will collaborate deeply on technology R&D, market expansion and talent exchange to build a stronger robotics ecosystem, enabling resource sharing and complementary advantages to collectively enhance competitiveness in humanoid robotics.
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MIL-OSI China: Sino-US cooperation shines at 3rd China Intl Supply Chain Expo
Source: People’s Republic of China – State Council News
The 3rd China International Supply Chain Expo (CISCE) concluded July 20. Li Xingqian, vice chairman of the China Council for the Promotion of International Trade (CCPIT), outlined highlights of this year’s expo, and noted the presence of U.S. companies.
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MIL-OSI New Zealand: Consumer NZ – Price it right: Consumer NZ launches campaign to stop misleading supermarket pricing
Source: Consumer NZA new petition calls for a mandatory supermarket pricing accuracy code, automatic compensation and tougher penalties.
Consumer NZ has launched a new campaign – Price it right – calling on the government to crack down on misleading supermarket pricing practices that are costing shoppers tens of millions of dollars a year across Aotearoa.
The consumer watchdog is urging the introduction of a mandatory supermarket pricing accuracy code, with clear rules, meaningful penalties and automatic compensation for consumers when supermarkets get it wrong.
“We’re asking the government to step in and deal with misleading supermarket pricing,” said Jon Duffy, Consumer NZ chief executive.
“Too often, shoppers are charged more at the check-out than what’s shown on the shelf, or they’re misled in some other way. While pricing errors may seem minor on an individual basis, they add up when multiplied across the population. This isn’t OK, particularly at a time when people are struggling to pay their bills.”
Recent Consumer research found that 62% of New Zealanders noticed pricing errors at the supermarket over the past year.
“This isn’t just the occasional mistake – it’s an ongoing systemic problem that’s adding to the pain people are feeling at the check-out with food prices that are already too high,” said Duffy.
Thanks to hundreds of complaints shared by consumers, Consumer filed a formal complaint with the Commerce Commission in 2023. That led to criminal charges being laid against Woolworths NZ and two Pak’nSave stores for misleading pricing. But the problem persists.
“It’s already illegal for businesses to mislead consumers about prices, but the current law is not forcing supermarkets to up their game. They have had plenty of chances to fix this. The time for talk is over. It’s time for stronger rules with real consequences,” said Duffy.
Consumer’s Price it right campaign is calling for:
- a mandatory supermarket pricing accuracy code with clear pricing rules
- automatic compensation when shoppers are overcharged – such as receiving the item free if the scanned price is higher than the shelf price, there is a special that doesn’t offer a genuine saving or the unit pricing is incorrect
- clear disclosure of consumer rights in store and online
- tougher penalties and infringement notice powers, like those used in Australia, to deter misleading pricing and promotions.
“We’re not asking for much – just fair and accurate pricing that consumers can trust,” said Duffy. “It’s a simple step that would make a real difference.”
What you can do
Consumer is asking New Zealanders to sign its petition and demand that the government take urgent action. Minister for economic growth Nicola Willis says she’s considering introducing tougher penalties for supermarkets that breach the Fair Trading Act and other changes to ensure shoppers are not misled by pricing. Signing the petition will show your support for these moves.Sign the petition: Tell the government to ‘price it right’
“It’s time supermarkets were held to account. By signing and sharing the petition, you’re helping stop misleading supermarket pricing and pushing for real change.” (ref. https://consumernz.cmail20.com/t/i-l-fkkjkyk-ijjdkdttjk-j/ )Note:
Visit consumer.org.nz to view the campaign
About Consumer
Consumer NZ is an independent, non-profit organisation dedicated to championing and empowering consumers in Aotearoa. Consumer NZ has a reputation for being fair, impartial and providing comprehensive consumer information and advice.
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MIL-OSI USA: Rosen Joins Amicus Brief Urging Federal Appeals Court to Strike Down Trump’s Illegal Cost-Raising Tariffs
US Senate News:
Source: United States Senator Jacky Rosen (D-NV)
WASHINGTON, DC – U.S. Senator Jacky Rosen (D-NV) joined colleagues in filing an amicus brief urging a federal appeals court to strike down Donald Trump’s illegal, cost-raising tariffs. The case before the U.S. Court of Appeals for the Federal Circuit is an appeal of a decision made last month by the U.S. Court of International Trade, which ruled that the Trump Administration lacked authority to impose tariffs under the International Emergency Economic Powers Act (IEEPA), a statute that no other president has ever used to levy tariffs. The senators and representatives argue in their brief that the lower court correctly ruled Trump’s actions are unlawful and that the President’s actions have caused chaos and uncertainty to businesses nationwide.
“Nevadans are being squeezed by high costs and rising prices, and President Trump’s tariffs are effectively a new tax for hardworking families,” said Senator Rosen. “The Constitution gives Congress, not the President, the authority to regulate trade, and I’m urging the courts to reaffirm Congress’s authority. I’ll keep doing everything I can to repeal Trump’s sweeping, cost-raising tariffs.”
The full amicus brief can be found HERE.
Senator Rosen has helped lead the fight opposing Trump’s reckless tariffs. She signed on to a different amicus brief challenging them in court last month. Senator Rosen also helped introduce the Tariff Transparency Act, which would require the U.S. International Trade Commission to study and publicly report on the economic effects of tariffs on Canada and Mexico– key trading partners for Nevada industries. She also helped pass a bipartisan resolution to strike down Trump’s tariffs on Canada earlier this year, which is awaiting action in the House of Representatives. -
MIL-OSI USA: ICYMI—Hagerty Joins Kudlow on Fox Business to Discuss GENIUS Act Signing
US Senate News:
Source: United States Senator for Tennessee Bill Hagerty
WASHINGTON—Last week, United States Senator Bill Hagerty (R-TN), a member of the Senate Banking Committee and former U.S. Ambassador to Japan, joined Kudlow on Fox Business live from the White House after President Donald Trump signed his GENIUS Act into law.
*Click the photo above or here to watch*Partial Transcript
Hagerty on the impact of the GENIUS Act: “What this [the GENIUS Act] does is it takes a payment system that was designed in the 1970s out of business. We go into the blockchain—much more efficient, much more effective. Trades that took five or 10 days to clear now can be done almost instantaneously. If you think about the working capital that comes out of the system, the counterparty risk that goes away, the currency risk if you’re doing a cross-border transaction—all of that is minimized because of the speed of these transactions.”
Hagerty on increased demand for U.S. Treasuries: “In terms of the impact on the dollar and on Treasuries, I think that’s going to be very significant. The demand for U.S. treasuries is going to go up significantly. In fact, every projection shows that stablecoin issuers will become the largest holders of U.S. Treasuries, because every stablecoin in America has to be backed dollar-for-dollar by a U.S. Treasury or cash. That’s going to stimulate Treasury demand. That’s going to have a great impact on rates, bringing them down. It’ll help the Treasury secretary manage much better. And as we look at the environment we’re in right now, with rates too high and the cost of our debt too high, this is going to be a definite help.”
Hagerty on global dollar dominance: “This [the GENIUS Act] will cement the U.S. dollar as the reserve currency of the world. People around the world would much rather own a decentralized, U.S. dollar-denominated currency that they know is backed up by U.S. Treasuries than a Chinese yuan or a euro, currencies that are centralized and controlled by their governments. This is going to be a far better product. And I think what this does is it takes us from being on our heels, which is where we were for the last four years, when the Biden administration waged war on the industry, and moves us into the 21st century.”