Category: Trade

  • MIL-OSI: MEXC Announces Listing of Initia (INIT) with a 115,000 INIT and 50,000 USDT Prize Pool

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, April 18, 2025 (GLOBE NEWSWIRE) — MEXC, a leading global cryptocurrency exchange, announced the listing of Initia (INIT) on April 24, 2025 (UTC), accompanied by a celebratory event featuring a 115,000 INIT and 50,000 USDT prize pool for new and existing users.

    Initia is the first interwoven optimistic‑rollup network, reconstructing multichain architecture with native interoperability and shared liquidity. As a full‑stack Layer 1+2 platform, Initia supports both EVM & Move VM, enabling seamless cross‑ecosystem collaboration. Developed by veterans from top DeFi and blockchain security teams and backed by YZi Labs(Binance Labs), Hack VC, Delphi Digital, and Theory Ventures.

    $INIT is the native utility token of the Initia ecosystem, powering key functions such as gas payments, staking, governance, cross-chain transfers, and liquidity provision. Through these utilities, $INIT drives user participation and supports the growth of a secure and decentralized Initia ecosystem.

    To celebrate the listing, MEXC will launch an Airdrop+ event, running from April 18 to May 4, 2025 (UTC). The event will include the following activities:

    • Deposit and share 90,000 INIT (exclusive to new users)
    • Spot Challenge – Trade to share 10,000 INIT (for all users)
    • Futures Challenge – Trade to share 50,000 USDT in futures bonus (for all users)
    • Invite new users and share 15,000 INIT (for all users)

    MEXC has established itself as a leading exchange by consistently offering users early access to high-potential crypto assets. In 2024 alone, the platform listed 2,376 new tokens, including 1,716 initial listings. According to the latest TokenInsight report, MEXC led the industry with 461 spot listings between November 1, 2024, and February 15, 2025. During this period, the exchange maintained a high listing frequency, consistently ranking among the top six platforms, demonstrating its agility in capturing emerging market trends. MEXC will continue to expand its asset offerings and help users seize timely opportunities in the fast-moving crypto market.

    For full event details and participation rules, please visit here.

    About MEXC
    Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 36 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
    MEXC Official WebsiteXTelegramHow to Sign Up on MEXC

    Risk Disclaimer:
    The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.

    Source

    Contact :
    Lucia Hu
    lucia.hu@mexc.com

    Disclaimer: This press release is provided by MEXC. 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.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8071983b-6307-4310-a112-5c9078cd23ee

    The MIL Network

  • MIL-OSI Russia: More than a thousand Polytechnic employees have been trained in Astra Linux

    Translartion. Region: Russians Fedetion –

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

    The Polytechnic University has completed training for employees on the Astra Linux Special Edition 1.7 OS program, designed for novice users of the domestic operating system and those who are switching to it from Windows OS. The organizer is the Directorate of Continuing Education and Industry Partnership of SPbPU.

    More than 1,100 Polytechnic employees took part in the program, which confirms the high interest and relevance of the topic of transition to domestic software.

    The training has become a significant step in the digital transformation of the university. We strive to provide high-quality training for employees so that they can work confidently in the new conditions. In the near future, a second stream of training is planned, courses on Russian office packages and other opportunities within the framework of the Corporate Academy of the University project, – noted Vice-Rector for Continuing and Pre-University Education Dmitry Tikhonov.

    The training was conducted online with a flexible schedule for each participant. The course materials included interactive presentations, videos demonstrating processes in the system, as well as practical tasks and simulation cases.

    The Department of Multimedia Systems and Import Substitution actively supports the initiative of the Directorate of Continuing Education and Industry Partnership on the digital transformation of the Polytechnic University using domestic software.

    In parallel with the online course, we have created a special platform for practical training of skills in real conditions. Users can connect to remote workstations with the pre-installed Astra Linux operating system. This allows you to consolidate the acquired knowledge in an environment as close as possible to real professional activity and contributes to more effective mastering of domestic software, – emphasized the head of the Department of Multimedia Systems and Import Substitution Alexey Chernetsov.

    The transition to Astra Linux is connected with the implementation of the state strategy to ensure technological sovereignty and reject imported solutions. For universities, this is especially important not only as users, but also as scientific and educational organizations that shape the digital culture in the country. Mastering the new operating system allows employees to work in a safe, modern environment that meets the requirements for information protection and digital independence.

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

    MIL OSI Russia News

  • MIL-OSI USA: Rosen Addresses Nevada State Legislature at State Capitol Outlining Her Work to Deliver for Nevadans, Oppose Harmful Actions Threatening to Raise Costs & Cut Medicaid

    US Senate News:

    Source: United States Senator Jacky Rosen (D-NV)

    Watch Senator Rosen’s Full Remarks HERE.
    CARSON CITY, NV – Today, U.S. Senator Jacky Rosen (D-NV) delivered remarks to the Nevada State Legislature detailing how she is working to deliver for hardworking Nevada families, including by fighting back against cost-raising tariffs and cuts to Medicaid to give tax breaks to the wealthy. Senator Rosen also reiterated her commitment to finding areas to work with Republicans to take meaningful action to lower costs and improve the lives of hardworking Nevadans.
    Below are excerpts of Senator Rosen’s remarks:
    Since the last time I spoke here, a lot has changed in Washington.
    But there’s something that hasn’t changed, and will not change. And it’s my commitment to always put Nevada first. 
    I’ve built a record as one of the most bipartisan, independent, and effective U.S. Senators because I focus on getting things done for our state. Agree where you can and fight where you must.
    No matter who’s in the White House or who’s in control of Congress, I will do everything I can to deliver for Nevada families who work hard every day. They count on me and they count on all of you.
    And as I said, as some of you know, my motto has always been: Agree where you can, fight where you must. 
    […]
    Nevadans are practical and pragmatic and they want solutions…They want stability… They want us to work together to tackle rising costs, create better paying jobs, and protect the freedoms and opportunities that define our state. 
    And I can tell you what they don’t want. They don’t want the reckless actions this new Administration is taking: Funding Cuts. Mass Firings. Economic chaos.
    These actions have put millions of dollars that our state depends on, that all of you are depending on as you do our budgets, putting it all at risk. Every single bit of it.
    These actions have led to many Nevadans losing their jobs. They are jeopardizing the jobs of veterans who were hired by the federal government to help and serve our veterans, our local communities.
    […]
    This is no way to run a country. It’s no way to treat the men and women who risked their lives to protect our freedoms.
    We should be doing everything we can to honor their service, recognize their sacrifice, and make sure they can access every benefit that is owed to them, that they earned. We sit here free, able to do what we do because they put their lives on the line. And I want those calls to be answered at the Veterans Hotline, and I know you all do too. 
    Earlier this year, I helped introduce bipartisan bills to help veterans access their VA benefits more easily, and to increase veterans’ awareness of things like the VA Home Loan Program.
    For those who were injured while fighting to protect all of us, the least we can do is ensure they all have full benefits. 
    Current red tape is preventing more than 50,000 combat-injured veteran retirees from receiving both their retirement pay through the Department of Defense and their disability payments through the VA.
    That’s wrong. They earned it, they deserve it, and I helped introduce a bill with colleagues on both sides of the aisle, because veterans come from all over this great country, to fix and repeal the offsets that are currently in place. I’m proud of that bill and hope that we can pass it.
    Now at a time when families are seeing their budgets tighten, I’m working across party lines to eliminate taxes on military retirement pay so our veterans can keep more of their money.
    Military families aren’t the only ones being squeezed by higher prices. Because when costs go up, they hurt all Nevadans.
    This is why Nevadans I’ve talked to are worried about the Trump tariffs.
    These tariffs – they’re essentially a national sales tax – are going to raise the cost of everything you buy: your groceries, your gas, your medications, not to mention construction materials, which will make housing even MORE expensive. Interest rates go up, prices go up, everything goes up and up. 
    This is the complete opposite of what I believe we should be doing right now. We should be finding ways – every way we can – to lower costs. 
    It’s why I took action to help stop the Kroger-Albertsons mega-merger that would’ve raised those grocery prices for Nevada families.
    It’s why I introduced bipartisan legislation to lower housing costs by helping to train and grow our housing construction workforce – because houses don’t build themselves – and I’ve introduced a bill to crack down on corporations who buy up housing and jack up prices for families.
    It’s also why I’ve introduced bipartisan legislation to help lower the costs of child care and provide some relief for working families.
    And just last week, I helped introduce legislation to provide those hardworking Nevada families with a much-needed tax cut, and expand the Child Tax Credit. 
    This is in addition to the bipartisan bill I helped introduce to eliminate taxes on tips, and allow working families to keep more of their paychecks.
    I’m doing all of this because we should be providing relief for our Nevada families, for people who work hard and play by the rules, and we shouldn’t be giving more tax breaks to billionaires who frankly don’t need the money.
    […] 
    And that’s exactly why I’m fighting back. 
    I recently helped pass legislation overturning Trump’s tariffs on Canada, which is Nevada’s largest trading partner. That was bipartisan legislation we voted to pass, by the way.
    I also helped introduce a bill to require the United States International Trade Commission to investigate how Trump’s recent tariffs will impact the American people, and make that information public.
    And I am leading the charge in the Senate in making sure the Administration knows how destructive its tariffs are for small businesses.
    […]
    I know many in this room know just how important, how critical Medicaid is. It makes up a sizable portion of our state budget, and we stand to lose more than half billion dollars if Medicaid is cut.
    It’s more than just funding. It’s a lifeline for families. It’s a lifeline for moms and for children. I’ll talk about my special guest in a moment. This is more than a number. It’s more than a number they’re cutting. These are our families, our friends, our neighbors. And attempts to cut this important lifeline for children is going to put more than 300,000 children in Nevada at risk of losing their only source of health care coverage.
    Nevada children like Levi, Levi is my guest, along with his really incredible mother Allyson Marchus.
    They are here tonight because Medicaid has made a difference in their lives. And with their permission, I’m going to share just a little bit of Levi’s story because sometimes we look at budgets and there’s numbers you’re trying to balance and make all of this work, but there’s people behind every one of those numbers.
    When Levi was just three years old, Allyson noticed a strange mole behind his ear.
    So she thought she was just going to go to the doctor, like all of us who are parents here, you just go to the doctor, it’s just a little thing, you’ve got a bug bite. Simple doctor’s visit. But every parent’s worst fear was realized when a biopsy came back positive for melanoma — not just a person who’s been in the sun their whole life, that happens when you’re three years old, skin cancer –  he had to have further tests, and his cancer spread. 
    Levi and Allyson have had to jump through hoop after hoop in order to implement a care plan — treatments, and medications, and surgery, and radiation – they had to repeatedly travel out of state to get special pediatric care, you have to go to hospitals where they know how to take care of young children. 
    […]
    No family should have to go through this, but Allyson never gave up. She and Levi have shown awe-inspiring strength and resilience every step of the way –  they refused to quit fighting this awful disease.
    And, the one thing that they didn’t have to worry about on this journey was how they were going to pay for that care, how are they going to get to the doctor, how are they going to go to these treatments, how are they going to be cared for, because they had Medicaid. So thanks to Medicaid she was able to be there for her son.
    [Medicaid] made sure they had not one expense while dealing with some of the worst moments any parent can go through. Not one out-of-pocket expense. It took that burden, that one extra stress right off their back.
    Today, Levi is five years old, and we are glad to say that he is in remission. It’s a pretty good thing. Of course he’s going to continue to be watched and cared for, but it’s a success story. It’s a success story because she had Medicaid.
    This is why Medicaid matters. Not just for Levi and his family, but for all the Levis and all the families in Nevada and across the country, story after story after story, this is just one of them. I’m sure many of you in this room can tell stories like this as well. 
    Medicaid has made the difference in their lives. It covered medical care, it covered travel expenses, just like it did for Allyson and Levi. 
    It is literally a lifeline. All of these children, every one of them, have a name, have a family, and I want everyone in Nevada and in America to see these kids and see these families and know their names before they cut that budget.
    So it’s shameful and immoral, I believe, that Republicans want to cut this program just to give tax breaks to the ultra-wealthy. 
    [..]
    And while all of you in this legislature work to expand health care access in rural communities and tackle our doctor shortage, I want to tell you that in the Senate I’m doing the same thing. I have multiple bills to help bringmore nurses, doctors, and dentists to underserved areas. […] So I’ll tell you about a couple of bills I have, I know I’m going to partner with you on some of them, and they’re all bipartisan.
    The first one is called the Physicians for Underserved Areas Act. It’s going to take the long overdue step of revising the graduate medical education process to increase the likelihood of states with physician shortages – like we are – to get more medical residency slots. We don’t have enough slots to take care of the people we have. So we’re going to fight to do that.
    These bills are all bipartisan. Why? Because we’re not the only state who has a physician shortage. So we find our friends across the aisle, agree where you can and fight where you must. This is what we agree on. So I have a bipartisan bill called the REDI Act. It’s going to help increase the number of doctors and dentists – we never can forget the dentists because dental care is important too – in Nevada’s underserved areas by allowing them to defer their student loan payments without interest until they complete their residencies and internships. So they can go serve some of our rural communities, it’s hard for them to get dentists and doctors out there. We know this. This is a benefit. Everybody benefits.
    My bipartisan SPARC Act, which I introduced just last week, will help increase the number of medical specialists in rural communities. 
    And finally, my Train More Nurses Act. We’ve been lucky in the past few years, we’ve been able to fund programs in our community colleges and universities to build out our nursing training. We’re about 4,000 nurses short, like I said. But we need nurse educators to train the new nurses. So the Train More Nurses Act does just that, makes new nurse educators. It passed the Senate unanimously last Congress, and we’re going to get it through again, and that’s going to help us address Nevada’s nursing shortage because we have all the space, but if we don’t have all the teachers, you all know it’s for nothing. So we’re hoping to get that through.
    So much to do there. Health care, housing. We have to complement the efforts we work on together to improve access to tackle our housing crisis by creating new legislation to help small home builders, small local home builders, access financing to build new affordable housing.
    […] 
    Nevadans chose each and every one of you here for a reason, and they are counting on all of us together to support each other and support success in our state. It doesn’t always mean you agree on everything – find the things you agree on and do those. People are counting on us. They sent us here to find the places we agree – do that. Don’t let it stop you.
    There is a lot to fight about in Washington, but there are a lot of places for agreement too, especially right here in Carson City. 
    I just really want to leave you all with a call to action and something that in my eight years now in the United States Congress I’ve really been using every day, and it has shown in my work that I’m proud of. The call to action is to find places to work together to deliver for the Nevada families, for our home, for the Nevada we care about. 
    I’m not asking anyone to compromise your values. What I’m asking you to do is value compromise. Find the places where you can agree and do that because babies are counting on you, seniors are counting on you, the vets are counting on you. Twelve things on the to-do list; you can find six. Do them. People will applaud you for that. You can argue about the other six, but trust me, they will send you back here and be proud, and they will tell you how proud that makes them to see you do that. You don’t have to compromise your values, just value compromise where you can agree. People are counting on all of us to lead. They’re looking to us in these tough times. […]
    It’s not easy. It takes energy. It takes passion. It takes commitment. It takes care. Something I know every person in this room has or you wouldn’t have fought to be here. You could all be doing something else but you chose to come here and do this. 
    So in Nevada, we are not just Democrats or Republicans—we are Nevadans first. In this room especially, we are Nevadans first.
    So I want us to think about moving forward together – with common purpose, shared values, and that unshakable commitment to build a stronger, more prosperous, and just a better Nevada for all of us. For the Levis, for our parents and grandparents, and all the kids in the future. I’m so grateful to have you all as partners and to be here today and speak to all of you. Thank you for your work.

    MIL OSI USA News

  • MIL-OSI USA: CONGRESSWOMAN PLASKETT SHARES ADVOCACY WIN IN SECURING EXEMPTIONS ON TRUMP ADMINISTRATION’S PORT FEE ACTIONS

    Source: United States House of Representatives – Congresswoman Stacey E. Plaskett (USVI)

    For Immediate Release                                          Contact: Tionee Scotland
    April 17, 2025                                                           202-808-6129

    PRESS RELEASE

    CONGRESSWOMAN PLASKETT SHARES ADVOCACY WIN IN SECURING EXEMPTIONS ON TRUMP ADMINISTRATION’S PORT FEE ACTIONS

    Washington, D.C. – Congresswoman Stacey E. Plaskett shared the following statement on the Trump Administration’s U.S. Trade Representative Office’s (USTR) exemption for the U.S. Virgin Islands from punitive service fees and restrictions on shipping companies that have the potential to skyrocket costs for Americans – and would have done so exponentially for the Virgin Islands. 

    There would have been far-reaching economic consequences, including shipping delays and estimates of 50-60% increased shipping costs under the Proposed Action. However, the U.S. Virgin Islands falls within the 2,000 mile exemption (Annex II, Targeted Coverage, page 33) in the Notice of Action issued today by USTR. Furthermore, transport operators with fleets comprised of Chinese-built vessels would have been charged up to $1.5 million per vessel entrance to an American port, as well as an ‘additional fee’ of up to $1 million per vessel entrance to an American port if the number of foreign-built vessels in the operator’s fleet is equal to or greater than 25 percent. Even vessels under the U.S. flag, operated and owned by a U.S. entity that are Chinese-built would have been subject to the fees in USTR’s proposal. If the Proposed Action had been implemented, the unintended consequence would have been an increased presence of Chinese vessels and carriers transporting goods from sources outside of the United States—including China—within the United States’ third border, the Caribbean Basin.

    “I am grateful for the opportunity to speak with and question US Trade Representative Ambassador Jamieson Greer during a Ways & Means Committee hearing last week and at that time urging the Ambassador to consider the practical impacts of tariff actions on the U.S. outlying areas and ultimately reconsider those actions. Our communities would have borne a tremendous undue cost, which made clear the need for an exemption. I also led a letter to USTR Ambassador Greer and the Administration, with Members of Congress from both the Atlantic and Pacific areas to make the case for an exemption for the territories and US-owned companies and underscore the impact of these fees on the Virgin Islands, which would have permeated through the Caribbean region.

    “USTR Ambassador Greer took my letter into serious consideration when making final arrangements of this action. Under the Notice of Action, exemptions apply to:

    • U.S.-owned or U.S.-flagged vessels enrolled in the Voluntary Intermodal Sealift Agreement, the Maritime Security Program, the Tanker Security Program, or the Cable Security Program;
    • vessels arriving empty or in ballast;
    • vessels with a capacity of equal to or less than: 4,000 Twenty-Foot Equivalent Units, 55,000 deadweight tons, or an individual bulk capacity of 80,000 deadweight tons;
    • vessels entering a U.S. port in the continental United States from a voyage of less than 2,000 nautical miles from a foreign port or point;
    • U.S.-owned vessels, where the U.S. entity owning the vessel is controlled by U.S. persons and is at least 75 percent beneficially owned by U.S. persons;
    • specialized or special purpose-built vessels for the transport of chemical substances in bulk liquid forms; and
    • vessels principally identified as “Lakers Vessels” on CBP Form 1300, or its electronic equivalent.”

    USTR Ambassador Greer’s team highlighted the Congresswoman’s advocacy both in Committee and her letter where she was able to bring together Representatives from outlying areas in both the Atlantic and Pacific—states and territories. We note as a monumental achievement the critical work done by the Congresswoman and her team to bring together disparate communities who the federal government have historically pitted against one another. Congresswoman Plaskett is grateful for Ambassador Greer’s team reaching out to share the news with her before the public announcement and expressing the importance of the information her team shared.

    “I thank my colleagues, USTR Ambassador Greer, elected officials, the maritime industry, and stakeholders, particularly Tropical Shipping and Jennifer Nugent-Hill, for their support to urge the Trump Administration to reconsider the Proposed Action,” said Plaskett. “I will continue to collaborate in a bipartisan manner with my colleagues, stakeholders, and the Virgin Islands community to advance the interests of the Virgin Islands. I believe that we can work with everyone while not compromising our values and beliefs and get things done. This achievement is an example of that.”

    ###

    MIL OSI USA News

  • MIL-OSI China: Guangdong’s foreign trade hits record high in Q1

    Source: China State Council Information Office

    Foreign trade in south China’s Guangdong Province reached a record high in the first quarter of this year, according to data released by the Guangdong branch of the General Administration of Customs on Thursday.

    The province’s total import and export value during the period was 2.14 trillion yuan (about 296.9 billion U.S. dollars), an increase of 4.2 percent compared to the same period last year. This growth rate outpaced the national average by 2.9 percentage points.

    China’s leading foreign trade player, the province saw its exports amount to 1.34 trillion yuan during the period, up 1.4 percent year on year, and its imports came in at 798.15 billion yuan, an increase of 9.3 percent.

    Since the beginning of 2025, Guangdong’s import and export growth has been gradually picking up month by month. In the first quarter, all three of the province’s key figures — total import and export value, exports, and imports — reached historic highs.

    Private enterprises, a key driver of foreign trade in Guangdong, have shown increasing vitality. In the first quarter, the province’s private enterprises saw their total import and export value hit 1.36 trillion yuan, up 4.8 percent year on year and accounting for 63.4 percent of Guangdong’s total foreign trade. Meanwhile, foreign-invested enterprises in Guangdong performed well, reporting a 5.3 percent increase in their total import and export value, which came in at 677.03 billion yuan.

    Guangdong also saw positive growth in trade with its top five trading partners. ASEAN continued to be Guangdong’s largest trading partner, with a trade volume of 349.43 billion yuan — a growth of 6.9 percent.

    In the first quarter, exports of electromechanical products climbed 6.6 percent to 904.27 billion yuan, accounting for nearly 70 percent of Guangdong’s total exports. Notably, exports of electric vehicles, motorcycles and ships saw particularly strong growth.

    Guangdong’s imports of high-end manufacturing goods and consumer goods saw a balanced increase. Imports of electromechanical products surged 24.2 percent to 554.83 billion yuan, accounting for nearly 70 percent of the province’s total imports. Imports of certain consumer goods, including beauty products, personal care products, dairy and seafood, also grew in the first three months.

    The province’s foreign trade maintained steady growth in the first quarter, marking a positive start to the year, according to the Guangdong branch of the General Administration of Customs. While external challenges continue to increase amid an unstable and uncertain global environment, Guangdong’s foreign trade foundations remain strong, with numerous advantages, as well as resilience and potential. The long-term positive outlook for the province’s foreign trade remains unchanged, it said. 

    MIL OSI China News

  • MIL-OSI China: Building China-Cambodia community with shared future a choice of history, the people: Xi

    Source: China State Council Information Office

    Chinese President Xi Jinping meets with Cambodian People’s Party President and Senate President Samdech Techo Hun Sen at the Peace Palace in Phnom Penh, Cambodia, April 17, 2025. [Photo/Xinhua]

    Chinese President Xi Jinping said in Phnom Penh Thursday that building a China-Cambodia community with a shared future is a choice of history and the people.

    Xi made the remarks when meeting with Cambodian People’s Party President and Senate President Samdech Techo Hun Sen.

    China and Cambodia are not only friendly neighbors but also ironclad friends, he said, noting that both countries are currently at a critical stage of national development.

    Xi said that the two sides should keep in mind the well-being of their people and the progress of humanity, strive to set an example for building a community with a shared future for mankind in the course of advancing their respective modernization endeavors, and join hands to become forces for peace, stability and progress in a world undergoing profound transformations unseen in a century.

    China believes that Cambodia’s road to national development and revitalization will become wider and wider, and will, as always, support the Cambodian People’s Party in leading the Cambodian people to maintain national stability and economic development, Xi said, adding that China supports Cambodia in playing a more important role in the regional and international arena.

    The Chinese president said that the two sides should make good use of the newly established “2+2” strategic dialogue mechanism between foreign ministers and defense ministers of the two countries to strengthen strategic coordination.

    The two sides should deepen practical cooperation across various fields, advance the construction of Cambodia’s Industrial and Technological Corridor and Fish and Rice Corridor, and strengthen collaboration in energy, transportation and other key sectors, enabling Cambodia to share more in China’s development opportunities, Xi said.

    Xi emphasized that China is willing to engage in exchanges and mutual learning with Cambodia on major issues such as strengthening party building and advancing reform and development, and to deepen friendly cooperation between China’s National People’s Congress and the National Committee of the Chinese People’s Political Consultative Conference with National Assembly and Senate of the Kingdom of Cambodia.

    Unilateralism and hegemonism receive no support of the people, Xi said.

    History has shown the unstoppable trend toward a multipolar world, economic globalization, and cultural diversity, Xi said, adding that no country wants to return to isolation.

    The trade wars undermine the multilateral trading system and disrupt global economic order, Xi said, urging all countries to unite and firmly keep the reins of national security and development in their own hands, uphold mutual respect, pursue win-win cooperation and common development, and work together to build a community with a shared future for mankind.

    As Asia embarks on a new journey of collective revitalization, Xi noted, China will continue to follow the principle of amity, sincerity, mutual benefit and inclusiveness and the policy of developing friendship and partnership with neighboring countries, maintain the continuity and stability of its neighborhood diplomacy, deepen friendly cooperation with neighboring countries, so as to share the fruits of Chinese modernization more widely across the region, promote the building of a community with a shared future with neighboring countries, and work together to advance Asia’s modernization.

    For his part, Hun Sen said this visit is of great significance to Cambodia.

    Noting that China is Cambodia’s most steadfast supporter and most reliable partner, Hun Sen said China’s support has made significant contributions to Cambodia’s economic and social development and improvement of people’s lives, for which the Cambodian side expresses its deep gratitude.

    Cambodia firmly adheres to the one-China policy, supports China’s positions on issues related to Taiwan, Xinjiang and Xizang, and opposes any forces’ interference in China’s internal affairs, he said.

    China and Cambodia are ironclad friends, and the two countries’ decision to build a China-Cambodia community with a shared future in the new era will make further progress, promoting high-level, high-quality and high-standard development of bilateral relations, Hun Sen said.

    The two countries will always move forward hand in hand, stand together through thick and thin and share a common destiny, he added.

    Hun Sen said that Cambodia is willing to strengthen strategic security cooperation with China and expand bilateral trade.

    Cambodia welcomes more Chinese enterprises to invest in the country, and will join hands with China to promote the deepening of people-to-people and cultural exchanges, and intensify the crackdown on online gambling and telecom fraud, he added.

    The Cambodian side highly appreciates China’s constructive role in promoting world peace and sustainable development, and supports the Belt and Road cooperation and the three major global initiatives proposed by China, which are conducive to safeguarding the common interests of the international community and promoting world peace, security and stability, Hun Sen said.

    Trade wars and tariff wars have undermined the legitimate interests of all countries and triggered turmoil in the international situation, Hun Sen said, adding that Cambodia is willing to strengthen cooperation with China and jointly address various risks and challenges. 

    Chinese President Xi Jinping meets with Cambodian People’s Party President and Senate President Samdech Techo Hun Sen at the Peace Palace in Phnom Penh, Cambodia, April 17, 2025. [Photo/Xinhua]

    MIL OSI China News

  • MIL-OSI USA: Sullivan Welcomes Executive Order on Enhancing American Seafood Competitiveness

    US Senate News:

    Source: United States Senator for Alaska Dan Sullivan

    04.17.25

    WASHINGTON—U.S. Senator Dan Sullivan (R-Alaska) today praised an executive order issued by President Donald Trump to strengthen U.S. and Alaska fisheries. As the chair of the Senate Commerce Subcommittee on Coast Guard, Maritime, and Fisheries, Sen. Sullivan has been working with the Trump administration and introducing legislation to address challenges facing Alaska’s fishermen, including global trading practices that disadvantage Alaska fisheries, and regulations that burden Alaska fishermen.

    “Last month in my speech to the Alaska Legislature, I issued a clarion call about the need to go on offense for our fishermen,” said Sen. Sullivan. “These great Alaskans have endured a perfect storm of challenges, which include unfair seafood trade practices by dictatorships like Russia and China, and onerous regulatory burdens from our own federal government. I have been working relentlessly with the Trump administration, including with the Commerce and Agriculture Departments, and the U.S. Trade Representative, to get relief for our fisherman. They listened. Today, President Trump gave our fishermen a major shot in the arm, ordering his administration to remove unnecessary federal red tape and develop an America First Seafood Strategy with measures to enhance the competitiveness of our seafood in global markets and hold bad actors in seafood trade accountable. I appreciate the Trump administration’s continued strong focus on advancing the interests and priorities of Alaska across a range of economic sectors, including our fishermen and coastal communities. I thank President Trump, Secretary Lutnick, and Ambassador Greer for taking decisive action on behalf of our hard-working fishermen, and fighting to ensure more Americans and our trading partners around the world are eating ‘freedom fish’ from Alaska—not ‘communist fish’ from the likes of Russia and China.”

    Below is a timeline of Sen. Sullivan’s recent efforts to advocate on behalf of the competitiveness of Alaska’s seafood industry:

    • On March 11, 2022, as a result of Sen. Sullivan’s advocacy, the Biden administration announced it would prohibit the importation of Russian seafood into the United States, in addition to banning goods from several other signature sectors of Russia’s economy.
    • On December 22, 2023, Sen. Sullivan welcomed a new Executive Order and resulting U.S. Department of the Treasury determination to revise existing guidance that allowed all Russian-origin seafood to bypass an earlier Executive Order banning its import into the United States. 
    • On January 29, 2025, Sen. Sullivan received Commerce Secretary Howard Lutnick’scommitment to champion the interests of Alaska’s fishermen and seafood industry.
    • On February 24, 2025, Sen. Sullivan reintroduced his Fighting Foreign Illegal Seafood Harvest (FISH) Act to combat foreign illegal, unreported and unregulated (IUU) fishing by blacklisting offending vessels from U.S. ports and waters, bolstering the U.S. Coast Guard’s enforcement capabilities, and advancing international and bilateral negotiations to achieve enforceable agreements and treaties.
    • On March 13, 2025, Sen. Sullivan wrote a letter to Ambassador Jamieson Greer, the United States Trade Representative, urging him to initiate an investigation under Section 301 of theTrade Act of 1974 into Russian and Chinese seafood trade practices.

    MIL OSI USA News

  • MIL-OSI USA: In Vancouver, Senator Murray Meets with Local Businesses, ILWU, Port of Kalama to Discuss How Trump’s Chaotic Trade War is Hurting Washington State

    US Senate News:

    Source: United States Senator for Washington State Patty Murray
    ICYMI: In Tacoma, Senator Murray Meets with Local Businesses, Port Commissioners to Discuss How Trump’s Chaotic Trade War is Hurting Washington State
    ICYMI: In Senate Floor Speech, Senator Murray Hammers Trump and Republicans on Chaotic, Painful Trade War and Steep Tariffs Raising Costs on Families and Small Businesses in WA
    ***PHOTOS and B-ROLL HERE***
    Vancouver, WA— Today, U.S. Senator Patty Murray (D-WA), Vice Chair of the Senate Appropriations Committee, held a roundtable discussion in Vancouver highlighting how local businesses, ports, and the overall economy in Washington state is suffering from President Trump’s senseless and chaotic trade war. Senator Murray was joined for the discussion by John Rudi, CEO of Thompson Metal Fab in Vancouver; Miriam Halliday, CEO of Workforce Southwest Washington; Jared Moultrie, Vice President of the International Longshore & Warehouse Workers’ Union (ILWU) Local 4 in Vancouver; Augusto Bassanini, CEO of United Grain; and Mark Wilson, Executive Director of the Port of Kalama.
    On April 2nd, President Trump announced sweeping new tariffs on nearly every country, including a 10 percent baseline tariff on all imported goods, and country-specific so-called reciprocal tariffs. Just hours after the reciprocal tariff rates took effect last Wednesday, Trump abruptly changed his mind and put a 90-day pause on reciprocal tariffs. But Trump is still taxing goods from every country, across the board, at 10 percent at least, and he is escalating his trade war with China, with 145 percent tariffs on Chinese goods—which is already leading to higher prices and serious pain for families and small business across Washington state. Senator Murray has always been vocal about the need to out-compete China, but warned that waging an all-out trade war with China on a whim will cause serious economic pain for consumers and small businesses across the country.
    Even with his “pause,” Trump’s new tariff rates are still the highest in decades, and are estimated to cost American families more than $4,000 per year—the largest tax increase since 1968.
    “Trump’s tariffs are a tax—a tax that will hit hardworking Americans the most. Families will be paying higher prices, small businesses will have to lay off workers, and Washington’s ports will be gutted as trade drops. That’s a lot of jobs on the line in our ports like Kalama and Vancouver along the Columbia River,” said Senator Murray. “Congress has the power to step in and put a stop to these senseless tariffs, we can bring back certainty to protect American businesses and the economy.”
    “Businesses can’t function when they are waiting to see if Trump will change his mind again about what countries will have tariffs, and at what rate, as if this should be something decided on a whim,” Senator Murray continued. “Every morning small business owners, port longshoremen, warehouse workers, and families wake up wondering if today will be the day they have to close up shop or will lose their job. Congress needs to step up and put an end to these tariffs—but we need Republicans to join us in order to do that. I will keep shining a light on the consequences of Trump’s painful trade war will bring and amplifying the voices and concerns of people in Washington state.”
    Washington state has one of the most trade-dependent economies of any state in the country, with 40 percent of jobs tied to international commerce. Washington state is the top U.S. producer of apples, blueberries, hops, pears, spearmint oil, and sweet cherries—all of which risk losing vital export markets due to retaliatory tariffs from key trading partners including Canada. Additionally, more than 12,000 small and medium-sized companies in Washington state export goods and will struggle to absorb the impact of retaliatory tariffs.
    Canada is Washington’s largest overall trading partner, accounting for nearly $20 billion in imports and $10 billion in exports. China is the world’s second-largest economy and Washington state exported over $12 billion in goods to China last year—making China Washington state’s top export partner—and imported $11.2 billion in goods, the second-most in imports from any country aside from Canada. Trump’s tariffs during his first term were extremely costly for Washington state—for example, India imposed a 20 percent retaliatory tariff on U.S. apples, causing Washington apple shipments to India to fall by 99 percent and growers to lose hundreds of millions of dollars in exports.
    “Tariffs simply add cost to major infrastructure projects, and there are very few ways the additional cost impacts of tariffs can be reduced or mitigated,” said John Rudi, CEO of Thompson Metal Fab, a veteran-owned, Vancouver-based metal fabrication company that makes products for the gas and oil industries, and is entering new markets creating products for nuclear, high-tech, and renewable energies. “There are serious concerns about the impact of tariffs on projects that have already been contracted or bid—and an even larger concern than the direct financial impact of tariffs is the uncertainty it creates. Uncertainly only delays, and possibly freezes, major industrial projects. When work is delayed, highly-skilled workers are lost, resulting in long-term impacts to industrial capacity. And once industrial demand stabilizes and returns to normal, the surge in business can result in inflationary costs due to increased competition for workers and resources… Senator Murray has been a strong and consistent advocate for job creation and infrastructure projects in our region and we are pleased to have her visit today to discuss how businesses and the local workforce are impacted by tariffs.”
    “The continued volatility in international tariff strategies is creating significant challenges for workforce development across industries in Southwest Washington,” said Miriam Halliday, CEO of Workforce Southwest, the Local Workforce Development Board designated as the policy, planning and oversight body for the public workforce system in Clark, Cowlitz, and Wahkiakum counties. “Companies are increasingly hesitant to expand or invest in talent due to rising costs and economic uncertainty. For instance, a mid-sized IT Managed Service Provider located in Vancouver WA is facing a 15% increase in order costs, making it difficult to forecast budgets and commit to workforce growth. Similarly, a mid-sized die casting manufacturer located in Vancouver WA has paused its expansion this quarter—not due to lack of demand, but because financial institutions are withholding loans for new equipment out of recession fears. As a result, plans to hire and upskill workers have been deferred, highlighting how external economic pressures are directly stalling local and regional workforce development.”
    “Our ports face significant challenges and uncertainties in light of potential trade wars,” said Jared Moultrie, Vice President of the International Longshore & Warehouse Workers’ Union (ILWU) Local 4 in Vancouver, representing dock workers in the region. “In 2024, the Port of Vancouver supported nearly 20,000 jobs and generated $2.9 billion in regional economic benefits. United Grain Corporation, Longshoremen, Railroad workers, Tugboat crews, Truck operators, and Farmers from the American West and Midwest facilitated the movement of 5.9 million metric tons of agricultural commodities through the Port of Vancouver. The retaliatory tariffs imposed by China have the potential to significantly reduce employment opportunities for these men and women and diminish the economic benefits within our regionThe Port of Vancouver operates as a breakbulk port, and proposed tariffs would heavily impact everything we handle. Steel is projected to experience an estimated 30 percent decrease, having never recovered from the previous set of tariffs. Currently, we service two aluminum ships per month and conduct weekly aluminum loadouts onto trucks or railcars. The aluminum sector would be seriously jeopardized if tariffs were to deepen. As the number one importer of Subaru vehicles, we are already anticipating around a 20 percent decrease in cars arriving at our dock.”
    “At Local 4, our workers are concerned about job security due to the proposed tariffs. We are already contending with rising car payments, mortgage payments, and costs of goods and services. We worry about whether we will be able to afford our children’s tuition, take planned vacations, make substantial purchases, or even dine out. The trickle-down effect on regional companies, truck drivers, farmers, small businesses, and everyone in between could be devastating,” Moultrie continued. “We extend our gratitude to Senator Murray for her dedication and continued commitment to supporting the ILWU and our ports, working-class individuals, our region, our state, and the United States of America.”
    “We greatly appreciate Senator Murray’s engagement and efforts to understand how the proposed tariffs are impacting American grain exports,” said Augusto Bassanini, CEO of United Grain Corporation, which sources grain and oilseeds from more than 2,000 suppliers in the Pacific Northwest and Northern Plains. “To help the 2,000 American farmers we work with remain competitive in the global market, we need certainty to navigate a global marketplace so we can continue to create jobs, domestic economic development opportunities and feed the world.” 
    Senator Murray has been a vocal opponent of Trump’s chaotic trade war and has been lifting up the voices of people in Washington state harmed by this administration’s approach to trade. Senator Murray continues to call on Republicans to end Trump’s trade war—which Congress has the power to do—and take back Congress’ Constitutionally-granted power to impose tariffs. Earlier this month, Senator Murray brought together leaders across Washington state who highlighted how Trump’s ongoing trade war is already a devastating hit to Washington state’s economy, businesses, and our agriculture sector. Senator Murray also took to the Senate floor to lay out how Trump’s chaotic trade war is seriously threatening our economy, American businesses, families’ retirement savings, and so much else. Earlier this week, Senator Murray joined her colleagues in pressing U.S. Trade Representative Ambassador Jamieson Greer on how the Trump administration’s tariffs are affecting farmers across the country.

    MIL OSI USA News

  • MIL-OSI USA: Senator Murray Visits Downtown Vancouver, Highlights Importance of Federal Investment Amid Local Concerns Over Trump Funding Freezes, Tariff Chaos

    US Senate News:

    Source: United States Senator for Washington State Patty Murray
    ICYMI: In Vancouver, Senator Murray Meets with Local Businesses, ILWU, Port Commissioner to Discuss How Trump’s Chaotic Trade War is Hurting Washington State
    ***PHOTOS and B-ROLL HERE***
    Vancouver, WA— Today, U.S. Senator Patty Murray (D-WA), Vice Chair of the Senate Appropriations Committee, toured businesses in downtown Vancouver, as part of the Main Street Promise project, to see how federal investment has supported their growth and how Trump’s chaotic trade war and federal funding freezes are harming the local economy. Senator Murray was joined for the tour by Vancouver Mayor Anne McEnerny-Ogle; Michael Walker, Executive Director of the Vancouver Downtown Association; Chris Harder, Deputy Economic Development Director for the City of Vancouver; Julie Arenz, Small Business Connector and Advocate for the City of Vancouver; Ryan Hart, Chair of Visit Vancouver and Chief External Affairs Officer for the Port of Vancouver; Kelsey Jennings, Owner of Ronald Records in downtown Vancouver; and Crystal Lary, Owner of Eryngium Papeterie in downtown Vancouver.
    During the visit, Senator Murray heard from business owners and leaders at the City of Vancouver about how federal investment in Vancouver has helped lay the groundwork for thriving small businesses and spurred other construction and renovation projects in the downtown core. The City of Vancouver has been working on a 20-year revitalization effort that Senator Murray helped kickstart by securing initial federal funding for the Waterfront Redevelopment Project in 2009. The Main Street Promise Project is one of the last phases of the revitalization effort and was funded through the American Rescue Plan Act Senator Murray played a leading role in crafting as then-Chair of the Senate Health, Education, Labor and Pensions (HELP) Committee. The major reconstruction project on Main Street broke ground in December 2024—with original planning work done in 1993 with the goal of improving the heart of Vancouver. The Main Street Promise Project will reconstruct Main Street to provide a safe, accessible, and connected transportation system to support existing small businesses along Main Street and attract more visitors to Downtown Vancouver.
    Senator Murray also heard from small business owners and local leaders about how the Trump administration’s illegal withholding of federal funding owed to communities across the country and his reckless trade war is leading to serious uncertainty for businesses, consumers, and communities across Southwest Washington. Trump is currently taxing goods from every country—including close allies like Canada—at a minimum 10 percent tariff rate across-the-board, and he has significantly escalated his trade war with China, with 145 percent tariffs on Chinese goods—meaning higher prices and serious pain for families and small businesses across the country. Even with his 90-day “pause” on reciprocal tariffs, Trump’s new tariffs are still the highest tariff rates in decades, and are estimated to cost American families more than $4,000 per year—the largest tax increase since 1968.
    “It’s wonderful to see how the federal investment I’ve fought to bring to Southwest Washington over the years has helped downtown Vancouver thrive—with so many great small businesses and new infrastructure and renovation projects that are making the heart of Vancouver a destination for shopping, eating, nightlife, and more,” said Senator Murray. “Trump is putting all the progress our communities have made at risk by illegally canceling and holding up federal funding our communities are owed, and he is putting businesses in constant turmoil with his pointless and destructive trade war. I will continue to sound the alarm on the consequences Trump’s illegal funding freezes and his ham-fisted trade war will have for American families, and I will always lift up the voices and concerns of people in Washington state.”
    “The transformation of Vancouver’s downtown into a regional and national destination is years in the making,” said Vancouver Mayor Anne McEnerny-Ogle. “The current reconstruction of Main Street into a pedestrian-centered and vibrant commercial corridor represents downtown Vancouver’s most recent evolution. Over the past 20+ years, Senator Murray has been one of Vancouver’s biggest champions, helping to steer critical federal funds, such as American Rescue Plan Act dollars, to our community to help fund placemaking and infrastructure investments. The City of Vancouver would like to thank Senator Murray for her leadership and we are grateful for her willingness to partner on important local projects like Main Street Promise.”    
    “The Main Street Promise is a realization of a vision that’s been decades in the making. This is the third time our community has tried to bring this project to life, and now—thanks to Senator Patty Murray and the American Rescue Plan—we finally have what we need to get it done,” said Michael Walker, Executive Director of Vancouver’s Downtown Association. “This is the largest investment in Main Street in 116 years, and it’s going to reshape the heart of our downtown into a safer, more connected, and more accessible place for everyone. This project is about building a strong foundation for the future of our downtown—leaving something great for the next generation and beyond. Senator Patty Murray’s steadfast advocacy on behalf of Vancouver has helped us achieve real outcomes in the heart of our community—improving quality of life, supporting local businesses, and strengthening our downtown economy for the long term.”
    “In addition, thanks to the unique opportunity provided by ARPA dollars, we’re able to go beyond traditional infrastructure work,” Walker continued. “We have staff on the ground every day and thoughtful mitigation efforts in place—like block-by-block construction—to help minimize disruption. Businesses are staying open, sidewalks remain accessible, and we’ve built a strong network of peer support to help keep our business community resilient and thriving throughout the process. For a project of this scale, we’re doing everything we can to make sure it’s as smooth and supportive as possible.
    Washington state has one of the most trade-dependent economies of any state in the country, with 40 percent of jobs tied to international commerce. Washington state is the top U.S. producer of apples, blueberries, hops, pears, spearmint oil, and sweet cherries—all of which risk losing vital export markets due to retaliatory tariffs from key trading partners including Canada. Additionally, more than 12,000 small and medium-sized companies in Washington state export goods and will be unlikely to be able to absorb the impact of retaliatory tariffs. Canada is Washington’s largest trading partner, accounting for nearly $20 billion in imports and $10 billion in exports. China is the world’s second-largest economy and Washington state exported over $12 billion in goods to China last year—making China Washington state’s top export partner—and imported $11.2 billion in goods, the most in imports from any country aside from Canada. Trump’s tariffs during his first term were extremely costly for Washington state—for example, India imposed a 20 percent retaliatory tariff on U.S. apples, causing Washington apple shipments to India to fall by 99 percent and growers to lose hundreds of millions of dollars in exports.
    Senator Murray has been a vocal opponent of Trump’s chaotic trade war and has been lifting up the voices of people in Washington state harmed by this administration’s approach to trade and calling on Republicans to end Trump’s trade war—which Congress has the power to do—and take back Congress’ Constitutionally-granted power to impose tariffs. Earlier this month, Senator Murray brought together leaders across Washington state who highlighted how Trump’s ongoing trade war is already a devastating hit to Washington state’s economy, businesses, and our agriculture sector. Senator Murray also took to the Senate floor to lay out how Trump’s chaotic trade war is seriously threatening our economy, American businesses, families’ retirement savings, and so much else. Earlier this week, Senator Murray joined her colleagues in pressing U.S. Trade Representative Jamieson Greer on how the Trump administration’s tariffs are affecting farmers across the country.

    MIL OSI USA News

  • MIL-OSI China: Nvidia CEO visits Beijing, stresses importance of China market

    Source: China State Council Information Office

    Jensen Huang, CEO of U.S. tech giant Nvidia, arrived in Beijing on Thursday and met with Ren Hongbin, chairman of the China Council for the Promotion of International Trade.

    During the meeting, Huang emphasized that China is a very important market for Nvidia and expressed the company’s willingness to continue cooperation with China.

    This marks Huang’s second visit to Beijing in three months. It came after the U.S. government limited exports of Nvidia’s H20 artificial intelligence chip to China, a key market for one of its most popular chips.

    Nvidia shares have slumped 22 percent this year and its stock fell 7 percent on Wednesday, media reports said. On Wednesday, U.S. stocks fell after Nvidia warned that new restrictions on exports to China will cost it billions of dollars. 

    MIL OSI China News

  • MIL-OSI USA: Senator Marshall Releases Statement in Response to USTR Placing Service Fees on Chinese Ships

    US Senate News:

    Source: United States Senator for Kansas Roger Marshall

    Washington – U.S. Senator Roger Marshall, M.D. (R-Kansas) today released the following statement in response to U.S. Trade Representative (USTR) Jamieson Greer announcing actions to restore American shipbuilding and address China’s unreasonable acts to dominate the maritime, logistics, and shipbuilding industries.
    “Thanks to President Trump and U.S. Trade Representative Jamieson Greer for putting America first by placing industry-friendly service fees on Chinese-manufactured ships that carry U.S. farm commodities,” said Senator Marshall. “China has dominated global shipping fleets for too long. This move protects American agriculture, boosts domestic shipbuilding, and strengthens our national security.”
    Background:

    According to the Office of the USTR, the United States only accounts for 0.1% of global shipbuilding while China produces more than the rest of the world combined.
    For nearly three decades, China’s targeting of the maritime, logistics, and shipbuilding sectors for dominance has marginalized America’s shipbuilding capabilities.

    MIL OSI USA News

  • MIL-OSI China: Xi says unilateralism, hegemonism receive no support of the people

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

    Building China-Cambodia community with shared future a choice of history, the people: Xi

    Chinese President Xi Jinping meets with Cambodian People’s Party President and Senate President Samdech Techo Hun Sen at the Peace Palace in Phnom Penh, Cambodia, April 17, 2025. [Photo/Xinhua]

    PHNOM PENH, April 17 — Chinese President Xi Jinping said here Thursday that building a China-Cambodia community with a shared future is a choice of history and the people.

    Xi made the remarks when meeting with Cambodian People’s Party President and Senate President Samdech Techo Hun Sen.

    China and Cambodia are not only friendly neighbors but also ironclad friends, he said, noting that both countries are currently at a critical stage of national development.

    Xi said that the two sides should keep in mind the well-being of their people and the progress of humanity, strive to set an example for building a community with a shared future for mankind in the course of advancing their respective modernization endeavors, and join hands to become forces for peace, stability and progress in a world undergoing profound transformations unseen in a century.

    China believes that Cambodia’s road to national development and revitalization will become wider and wider, and will, as always, support the Cambodian People’s Party in leading the Cambodian people to maintain national stability and economic development, Xi said, adding that China supports Cambodia in playing a more important role in the regional and international arena.

    The Chinese president said that the two sides should make good use of the newly established “2+2” strategic dialogue mechanism between foreign ministers and defense ministers of the two countries to strengthen strategic coordination.

    The two sides should deepen practical cooperation across various fields, advance the construction of Cambodia’s Industrial and Technological Corridor and Fish and Rice Corridor, and strengthen collaboration in energy, transportation and other key sectors, enabling Cambodia to share more in China’s development opportunities, Xi said.

    Xi emphasized that China is willing to engage in exchanges and mutual learning with Cambodia on major issues such as strengthening party building and advancing reform and development, and to deepen friendly cooperation between China’s National People’s Congress and the National Committee of the Chinese People’s Political Consultative Conference with National Assembly and Senate of the Kingdom of Cambodia.

    Unilateralism and hegemonism receive no support of the people, Xi said.

    History has shown the unstoppable trend toward a multipolar world, economic globalization, and cultural diversity, Xi said, adding that no country wants to return to isolation.

    The trade wars undermine the multilateral trading system and disrupt global economic order, Xi said, urging all countries to unite and firmly keep the reins of national security and development in their own hands, uphold mutual respect, pursue win-win cooperation and common development, and work together to build a community with a shared future for mankind.

    As Asia embarks on a new journey of collective revitalization, Xi noted, China will continue to follow the principle of amity, sincerity, mutual benefit and inclusiveness and the policy of developing friendship and partnership with neighboring countries, maintain the continuity and stability of its neighborhood diplomacy, deepen friendly cooperation with neighboring countries, so as to share the fruits of Chinese modernization more widely across the region, promote the building of a community with a shared future with neighboring countries, and work together to advance Asia’s modernization.

    For his part, Hun Sen said this visit is of great significance to Cambodia.

    Noting that China is Cambodia’s most steadfast supporter and most reliable partner, Hun Sen said China’s support has made significant contributions to Cambodia’s economic and social development and improvement of people’s lives, for which the Cambodian side expresses its deep gratitude.

    Cambodia firmly adheres to the one-China policy, supports China’s positions on issues related to Taiwan, Xinjiang and Xizang, and opposes any forces’ interference in China’s internal affairs, he said.

    China and Cambodia are ironclad friends, and the two countries’ decision to build a China-Cambodia community with a shared future in the new era will make further progress, promoting high-level, high-quality and high-standard development of bilateral relations, Hun Sen said.

    The two countries will always move forward hand in hand, stand together through thick and thin and share a common destiny, he added.

    Hun Sen said that Cambodia is willing to strengthen strategic security cooperation with China and expand bilateral trade.

    Cambodia welcomes more Chinese enterprises to invest in the country, and will join hands with China to promote the deepening of people-to-people and cultural exchanges, and intensify the crackdown on online gambling and telecom fraud, he added.

    The Cambodian side highly appreciates China’s constructive role in promoting world peace and sustainable development, and supports the Belt and Road cooperation and the three major global initiatives proposed by China, which are conducive to safeguarding the common interests of the international community and promoting world peace, security and stability, Hun Sen said.

    Trade wars and tariff wars have undermined the legitimate interests of all countries and triggered turmoil in the international situation, Hun Sen said, adding that Cambodia is willing to strengthen cooperation with China and jointly address various risks and challenges.

    Chinese President Xi Jinping meets with Cambodian People’s Party President and Senate President Samdech Techo Hun Sen at the Peace Palace in Phnom Penh, Cambodia, April 17, 2025. [Photo/Xinhua]

    MIL OSI China News

  • MIL-OSI: Bigstack Opportunities I Inc. Announces Receipt of TSXV Conditional Approval and Filing of Filing Statement

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

    TORONTO, April 17, 2025 (GLOBE NEWSWIRE) — Bigstack Opportunities I Inc. (“Bigstack”) (TSXV: STAK.P), a capital pool company as defined under the policies of the TSX Venture Exchange (the “TSXV” or the “Exchange”), is pleased to announce that the TSXV has conditionally approved the previously announced business combination with Reeflex Coil Solutions Inc. (“Reeflex”), as described in Bigstack’s press releases dated November 4, 2024, January 17, 2025 and April 16, 2025 (the “Transaction”), which will constitute Bigstack’s Qualifying Transaction (as such term is defined in Policy 2.4 – Capital Pool Companies of the Corporate Finance Manual of the Exchange).

    In connection with the Transaction, Bigstack has filed its filing statement dated April 14, 2025 (the “Filing Statement”) on its SEDAR+ profile. Investors are encouraged to review the Filing Statement on Bigstack’s SEDAR+ profile at www.sedarplus.ca, as well as Bigstack’s press releases dated November 4, 2024, January 17, 2025 and April 16, 2025. The Filing Statement provides detailed information about, among other things, the Transaction, Reeflex, Coil Solutions Inc. (“Coil”), Reeflex’s expected acquisition of Coil pursuant to a share purchase agreement dated April 14, 2025 (the “Share Purchase Agreement”) between Reeflex and all of the shareholders of Coil (the “Coil Acquisition”), and the resulting company following completion of the Transaction (the “Resulting Issuer”).

    Assuming all conditions are satisfied, Bigstack and Reeflex anticipate closing of the Transaction to occur on or around May 1, 2025, or such other date as may be agreed to between the parties, and that trading of the Resulting Issuer’s common shares will commence shortly thereafter. Bigstack will issue a further press release once the Exchange issues its bulletin announcing its final approval of the Transaction and the date that trading of the common shares of the Resulting Issuer is expected to commence on the Exchange. The Resulting Issuer’s trading symbol will be “RFX”.

    In connection with the Transaction, Bigstack is expected to change its name to “Reeflex Solutions Inc.”

    Completion of the Transaction is subject to a number of conditions, including but not limited to, the satisfaction of all conditions provided for in the agreements governing the Transaction, which include representations, warranties, covenants and conditions customary for a transaction of this nature, the receipt of all necessary regulatory, corporate and third party approvals, including final TSXV acceptance, the release of the escrowed proceeds to Reeflex pursuant to the concurrent financing of the Reeflex, as described in Bigstack’s press release dated April 16, 2025, the closing of the Coil Acquisition, and the receipt of approval for the listing of the common shares of the Resulting Issuer by the Exchange, all subject to the completion of the Transaction. There can, however, be no assurance that the Transaction will be completed as proposed or at all. Investors are cautioned that, except as disclosed in the management information circular or filing statement to be prepared in connection with the Transaction, any information released or received with respect to the Transaction may not be accurate or complete and should not be relied upon. Trading in the securities of a capital pool company should be considered highly speculative. Shares of Bigstack are currently halted from trading on the Exchange, and trading is not expected to resume until after closing of the Transaction. The TSXV has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

    Business and History of Reeflex

    Reeflex is a privately-held corporation incorporated under the Business Corporations Act (Alberta) on June 14, 2024. Its head and registered offices are located in Calgary. Reeflex currently has no business operations or assets other than cash and a management team that has been working on the Transaction and the proposed going public structure for the past year. On April 14, 2025, Reeflex entered into the Share Purchase Agreement.

    Business and History of Coil

    Founded in 2007 in Redcliff, Alberta, Coil specializes in innovative drilling products and services for the global oil and gas industry. In 2010, Coil expanded its operations, opening a second facility in Calgary, Alberta, introducing a line of downhole fracking tools and venturing into custom tool design. In 2012, Coil launched its coil tubing injector line. In 2013, Coil opened a third facility in Red Deer, Alberta. In 2014, Coil developed two distinct models of, and manufactured, its first full coil tubing units. In 2016, Coil expanded sales to Asia, Africa, Australia, North America, South America and Europe. In 2017, Coil designed and built the largest free-standing mast unit in the world. In 2022, Coil established a dedicated manufacturing division in Calgary, Alberta, operating under its tradename, Ranglar, for injectors and mobile equipment. In 2024, Coil completed a reorganization with its shareholders, which resulted in the conversion of preferred shares and debt into common shares. Today, Coil continues to focus on coiled tubing solutions and downhole tools, offering a comprehensive range of services including rentals, sales, training, testing and consulting. With 41 employees, Coil has developed patented products that are distributed worldwide, including a key distributor in Germany and more than 60 active clients. On April 14, 2025, Coil entered into the Share Purchase Agreement.

    Overview of Bigstack

    Bigstack is a “capital pool company” under the policies of the Exchange and it is intended that the Transaction will constitute the “Qualifying Transaction” of Bigstack, as such term is defined in CPC Policy. The Bigstack Shares are currently listed on the Exchange and Bigstack is a reporting issuer in the provinces of Alberta, British Columbia and Ontario. Bigstack was incorporated under the Business Corporations Act (Ontario) on November 25, 2020.

    Additional Information

    All information contained in this press release with respect to Reeflex and Coil was provided by Reeflex and Coil, respectively, to Bigstack for inclusion herein. Bigstack and its directors and officers have not independently verified such information and have relied exclusively on Reeflex and Coil for any information concerning Reeflex and Coil.

    Forward Looking Information

    This press release contains statements that constitute “forward-looking information” (“forward-looking information”) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking information and are based on expectations, estimates and projections as at the date of this press release. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “anticipate”, “believe”, “estimate”, “expect”, “intend” or variations of such words and phrases or stating that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information.

    More particularly and without limitation, this press release contains forward-looking statements concerning the Transaction and its constituents steps, including the Coil Acquisition and the Transaction (including the completion, structure, terms and timing thereof), the expected corporate structure of the Resulting Issuer and its subsidiaries, if any, the future financial performance of the Resulting Issuer or any of the parties, the concurrent financing of Reeflex and the potential release of escrowed proceeds therefrom, and the trading of Bigstack’s securities and any securities of the Resulting Issuer on the TSXV. Although Bigstack believes that the expectations reflected in such forward-looking information are reasonable, it can give no assurance that the expectations of any forward-looking information will prove to be correct. Known and unknown risks, uncertainties and other factors may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Such factors include, but are not limited to: delay or failure to receive regulatory approvals; inability to complete the Concurrent Financing on the terms described herein or at all; and general business, economic, competitive, political and social uncertainties. There can be no certainty that the Transaction and related transactions will be completed on the terms set out in the agreements among the parties and described in press releases of Bigstack or at all. Accordingly, readers should not place undue reliance on the forward-looking information contained in this press release. Except as required by law, Bigstack disclaims any intention and assumes no obligation to update or revise any forward-looking information to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking information or otherwise.

    Investors are cautioned that, except as disclosed in the Filing Statement, any information released or received with respect to the Transaction may not be accurate or complete and should not be relied upon. Trading in the securities of a capital pool company should be considered highly speculative.

    The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed Transaction and has neither approved nor disapproved the contents of this press release.

    Bigstack Opportunities I Inc.

    For further information, please contact Eric Szustak, the President, Chief Executive Officer, Chief Financial Officer, Corporate Secretary and a director of Bigstack.

    Eric Szustak
    President, CEO, CFO, Corporate Secretary and Director
    Email: eszustak@jbrlimited.com
    Telephone: (905) 330-7948

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

    The securities have not been and will not be registered under the United States Securities Act of 1933, as amended and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirement. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

    The MIL Network

  • MIL-OSI USA: IAM Union Applauds USTR’s Action to Revitalize American Shipbuilding, Protect U.S. Workers from Unfair Chinese Trade

    Source: US GOIAM Union

    The 600,000-member IAM Union (International Association of Machinists and Aerospace Workers) applauds the United States Trade Representative (USTR) for enacting measures to protect American jobs, national security and the American shipbuilding industry with much-need relief measures.

    Along with other allies in labor, the IAM helped lead a Section 301 petition to USTR and has worked collaboratively with allies and two administrations.

    “The IAM Union is pleased to see meaningful remedies put forward to reinvigorate domestic shipbuilding,” said IAM International President Brian Bryant, who recently testified at the USTR’s hearing on Section 301 proposed remedies to China’s aggressive targeting of the maritime, logistics, and shipbuilding sectors. “We will continue to work to ensure these policies are properly implemented so that we are successful in creating high-quality jobs for IAM members in the shipbuilding and ship repair industries.”

    The USTR shipbuilding remedies include targeted fees on Chinese-built vessels when they dock at U.S. ports, and include higher charges for Chinese-owned and operated ships.

    In January, IAM Union and its labor partners welcomed a comprehensive report from the United States Trade Representative (USTR) of its investigation on commercial shipbuilding and its findings that PRC engaged in a broad range of tactics designed to dominate and control the maritime, shipbuilding and logistics sectors.

    The report illustrates how the PRC decimated U.S. shipbuilding, maritime and logistics capabilities, contributing to the loss of thousands of jobs. These illegal trade practices, including subsidies, preferential sourcing policies and unfair labor practices, also significantly weakened the nation’s economic and military strength. 

    In March, IAM Eastern Territory General Vice President David Sullivan joined U.S. Rep. John Garamendi (D-Calif.) for a press conference at the IAM-represented Mare Island Dry Dock. The coalition called for action against China’s unlawful trade and promoted Garamendi’s SHIPS for America Act to help rebuild America’s shipbuilding industry and empower American workers. 

    “Today marks a major achievement for policy to reinvigorate domestic shipbuilding, but the IAM will continue to fight to make sure these policies usher in real results,” said IAM Eastern Territory General Vice President David Sullivan. “We will continue to fight for high-quality shipbuilding jobs across the country and to advance this industry forward for the sake of economic and national security.”

    The IAM Union (International Association of Machinists and Aerospace Workers) is one of North America’s largest and most diverse industrial trade unions, representing approximately 600,000 active and retired members in the aerospace, defense, airlines, shipbuilding, railroad, transit, healthcare, automotive, and other industries across the United States and Canada.

    goIAM.org | @IAM_Union

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    MIL OSI USA News

  • MIL-OSI USA: Restoring American Seafood Competitiveness

    US Senate News:

    Source: The White House
    class=”has-text-align-left”>By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered:
    Section 1.  Background.  The United States controls one of the largest and most abundant ocean resources in the world, with over 4 million square miles of prime fishing grounds.  With this vast resource and centuries of hard work from American fishermen, our Nation has the greatest seafood in the world.
    Most American fish stocks are healthy and have viable markets.  Despite these opportunities, seafood is one of the most heavily regulated sectors in the United States.  Federal overregulation has restricted fishermen from productively harvesting American seafood including through restrictive catch limits, selling our fishing grounds to foreign offshore wind companies, inaccurate and outdated fisheries data, and delayed adoption of modern technology.
    The United States should be the world’s dominant seafood leader.  But in addition to overregulation, unfair trade practices have put our seafood markets at a competitive disadvantage.  Nearly 90 percent of seafood on our shelves is now imported, and the seafood trade deficit stands at over $20 billion.  The erosion of American seafood competitiveness at the hands of unfair foreign trade practices must end.
    Sec. 2.  Purpose.  The United States must address unfair trade practices, eliminate unsafe imports, level the unfair playing field that has benefited foreign fishing companies, promote ethical sourcing, reduce regulatory burdens, and ensure the integrity of the seafood supply chain.  Previously, I signed Executive Order 13921 of May 7, 2020 (Promoting American Seafood Competitiveness and Economic Growth).  That successful order — which remains in effect — enhanced the competitiveness of United States seafood, streamlined regulations, supported maritime jobs and coastal economies, and improved data collection.  During the past 4 years, our fishermen were once again crushed under the pressure of unnecessary regulations and unfavorable policies.  It is vital that we now build upon our previous hard work with new, additional measures to promote domestic fishing.
    Sec. 3.  Policy.  It is the policy of the United States to promote the productive harvest of our seafood resources; unburden our commercial fishermen from costly and inefficient regulation; combat illegal, unreported, and unregulated (IUU) fishing; and protect our seafood markets from the unfair trade practices of foreign nations.
    Sec. 4.  A New Era of Seafood Policy.  (a)  The Secretary of Commerce, in consultation with the Secretary of Health and Human Services and with input from the United States fishing industry, shall immediately consider suspending, revising, or rescinding regulations that overly burden America’s commercial fishing, aquaculture, and fish processing industries at the fishery-specific level.  Within 30 days of the date of this order, the Secretary of Commerce shall identify the most heavily overregulated fisheries requiring action and take appropriate action to reduce the regulatory burden on them, in cooperation with the Regional Fishery Management Councils, interagency partners, and through public-private partnerships, as appropriate.  This process shall include the following actions:
    (i)    The Secretary of Commerce shall request that each Regional Fishery Management Council, within 180 days of the date of this order, provide the Secretary of Commerce with updates to their recommendations submitted pursuant to Executive Order 13921, to reduce burdens on domestic fishing and to increase production.  Building upon the earlier goals, identified actions should stabilize markets, improve access, enhance economic profitability, and prevent closures.  The Regional Fishery Management Councils will commit to a work plan and a schedule for implementation to ensure these actions are prioritized.
    (ii)   The Secretary of Commerce shall solicit direct public comments, including from fishing industry members, technology experts, marine scientists, and other relevant parties, for innovative ideas to improve fisheries management and science within the requirements of the Magnuson-Stevens Fishery Conservation and Management Act (16 U.S.C. 1801 et seq.); the Endangered Species Act of 1973 (16 U.S.C. 1531 et seq.); the Marine Mammal Protection Act (16 U.S.C. 1361 et seq.); and other applicable laws.
    (iii)  The Secretary of Commerce shall pursue additional direct public engagement to ensure executive departments and agencies (agencies) are focusing core fisheries management and science functions to directly support priority needs that strengthen our Nation’s seafood supply chain.
    (b)  Upon completion of the process described in subsection (a) of this section, the Secretary of Commerce shall consider updating the Department of Commerce’s contribution to the Unified Regulatory Agenda.  The Secretary of Commerce shall resume submission of annual reports to the Director of the Office of Management and Budget, the Assistant to the President for Economic Policy, the Assistant to the President for Domestic Policy, and the Chairman of the Council on Environmental Quality pursuant to these activities as described in Executive Order 13921.
    (c)  The Secretary of Commerce shall direct the National Marine Fisheries Service to incorporate less expensive and more reliable technologies and cooperative research programs into fishery assessments conducted pursuant to 16 U.S.C. 1867.  As soon as practicable, the Secretary of Commerce shall expand exempted fishing permit programs to promote fishing opportunities nationwide.  Further, the Secretary of Commerce shall take all appropriate action to modernize data collection and analytical practices that will improve the responsiveness of fisheries management to real-time ocean conditions.
    (d)  The Secretary of Commerce, in consultation with the Secretary of Agriculture, shall develop and implement an America First Seafood Strategy to promote production, marketing, sale, and export of United States fishery and aquaculture products and strengthen domestic processing capacity.  This program shall accelerate the Department of Agriculture’s efforts to educate American consumers about the health benefits of seafood and increase seafood purchases in nutrition programs.
    (e)  Within 60 days of the date of this order, the Secretary of Commerce and the United States Trade Representative, in consultation with members of the Interagency Seafood Trade Task Force, shall assess seafood competitiveness issues and jointly develop a comprehensive seafood trade strategy.  The strategy shall be based upon the Seafood Trade Strategy of November 3, 2020, that improves access to foreign markets and addresses unfair trade practices — including IUU fishing and unjustified non-tariff barriers — while ensuring a fair and competitive domestic market for United States seafood producers.
    (f)  The United States Trade Representative shall examine the relevant trade practices of major seafood-producing nations, including with regard to IUU fishing and the use of forced labor in the seafood supply chain, and consider appropriate responses, including pursuing solutions through negotiations or trade enforcement authorities, such as under section 301 of the Trade Act of 1974 (19 U.S.C. 2411).
    (g)  The Secretary of Commerce, in consultation with the Secretary of Health and Human Services, the Secretary of Homeland Security, and other relevant agencies, shall immediately consider revising or rescinding recent expansions of the Seafood Import Monitoring Program to unnecessary species and further improve the program to more effectively target high-risk shipments from nations that routinely violate international fishery regulations.  The Secretary of Commerce, the Secretary of Health and Human Services, and the Secretary of Homeland Security shall use cost savings to improve thorough checks at United States ports to prevent IUU seafood from entering the market.  The Secretary of Commerce shall further consider options to use improved technology to identify foreign fishery-related violations.
    (h)  Within 180 days of the date of this order, the Secretary of Commerce, in consultation with the Secretary of the Interior, shall review all existing marine national monuments and provide recommendations to the President of any that should be opened to commercial fishing.  In making these recommendations, the Secretary of Commerce will consider whether the opening of the monuments to commercial fishing would be consistent with the preservation of the historic landmarks, historic and prehistoric structures, and other objects of historic or scientific interest originally identified in the proclamations establishing the marine national monuments.
    Sec. 5.  General Provisions.  (a)  Nothing in this order shall be construed to impair or otherwise affect:
    (i)   the authority granted by law to an executive department or agency, or the head thereof; or
    (ii)  the functions of the Director of the Office of Management and Budget relating to budgetary, administrative, or legislative proposals.
    (b)  This order shall be implemented consistent with applicable law and subject to the availability of appropriations.
    (c)  This order is not intended to, and does not, create any right or benefit, substantive or procedural, enforceable at law or in equity by any party against the United States, its departments, agencies, or entities, its officers, employees, or agents, or any other person.
    DONALD J. TRUMP
    THE WHITE HOUSE,
    April 17, 2025.

    MIL OSI USA News

  • MIL-OSI Russia: Financial News: Exports and Imports Decline Moderately in Q1

    Translartion. Region: Russians Fedetion –

    Source: Central Bank of Russia –

    Exports in the first quarter of 2025 decreased compared to the same period last year due to lower world prices for oil and coal, a reduction in oil production, and the termination of gas transit to the EU. Demand for imports decreased in the context of an increase in the recycling fee and higher rates in the economy.

    At the same time, the value of imports decreased less than exports. As a result, the current account surplus decreased in the first quarter of 2025 compared to the same period last year.

    Read more in the quarterly issue of the information and analytical commentary “Balance of Payments of the Russian Federation”.

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

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

    HTTPS: //vv. KBR.ru/Press/Event/? ID = 23561

    MIL OSI Russia News

  • MIL-OSI Security: Chinese National Sentenced for Taking $95,000 from Elder Fraud Victim

    Source: Office of United States Attorneys

    ST. LOUIS – U.S. District Judge John A. Ross on Thursday sentenced a man from China who took $95,000 in cash from a 79-year-old Missouri fraud victim to 21 months in prison.

    Judge Ross also ordered Dongyi Guo, 28, to repay the money.

    Guo was part of a conspiracy that targeted elderly victims. Members of the conspiracy began contacting the victim in March of 2024. In phone calls and electronic messages, they claimed to represent her financial institutions and/or the Social Security Office and falsely claimed that her financial accounts had been compromised. They told her that she needed to pay to prevent her money from being stolen, and that a Federal Deposit Insurance Corporation (FDIC) employee would pick up the money.

    Guo flew from New York City to Chicago and then rented a car to drive to the woman’s home. On March 4, 2024, he picked up $40,000 in cash. He took another $35,000 in cash the next day, and $20,000 on March 6. Guo’s co-conspirators continued to pressure the victim into providing more money. Guo was arrested on March 7 while trying to pick up $15,000 more.

    In a letter to the court, a daughter of the victim said her mother died seven months after Guo took her money, and that the crime “unquestionably contributed” to her death. After clicking on a link that said, “You’ve been hacked. Call (this number) for assistance,” her mother was tricked and shamed into withdrawing cash and placing it in shoeboxes that she them turned over to Guo. The scammers claimed Guo would “keep her money secure while this matter was resolved.” She responded by to the crime by refusing medication, food and exercise and declining to attend church. She was left “mentally and physically broken, alone, and wanting to die.”

    Guo pleaded guilty in U.S. District Court in St. Louis in November to one count of conspiracy to commit wire fraud.

    The Knox County Sheriff’s Office and the FBI investigated the case. Assistant U.S. Attorney Derek Wiseman prosecuted the case.

    If you or someone you know is age 60 or older and has experienced financial fraud, contact the National Elder Fraud Hotline: 1-833-FRAUD-11 (1-833-372-8311). This Justice Department hotline, managed by the Office for Victims of Crime, can identify appropriate reporting agencies, provide information to callers to assist them in reporting and provide resources and referrals. Reporting frauds can increase the likelihood of recovering losses. The hotline is open Monday through Friday from 10:00 a.m. to 6:00 p.m. ET. English, Spanish, and other languages are available. The Federal Trade Commission also provides a hotline at 877-FTC-HELP and a website at www.ftccomplaintassistant.gov for consumer complaints.

    MIL Security OSI

  • MIL-OSI: WISeKey Releases 2024 Audited Financial Results and Outlines its 2025 Vision for Post Quantum Technology Convergence

    Source: GlobeNewswire (MIL-OSI)

    WISeKey Releases 2024 Audited Financial Results and Outlines its 2025 Vision for Post Quantum Technology Convergence

    Schedules Conference Call and Webcast for Tuesday, April 22 at 10:00 am ET (4:00 pm CET)

    Geneva, Switzerland – April 17, 2025 – Ad-Hoc announcement pursuant to Art. 53 of SIX Listing Rules – WISeKey International Holding Ltd (NASDAQ: WKEY / SIX: WIHN) (“WISeKey” or “the Company”), a global leader in cybersecurity, digital identity, and IoT technologies, today announced its audited financial results for the year ended December 31, 2024, and shared its strategic vision for 2025, a year expected to be defined by the convergence of foundational technologies and the emergence of Sovereign AI.

    Carlos Moreira, Founder and CEO of WISeKey, commented: “2024 has been a pivotal year for WISeKey. We ended the year with a very strong balance sheet, strategic technological milestones, and a clear roadmap to take advantage of new opportunities ahead. From launching 17 secure satellites in partnership with SpaceX and further advancing negotiations on our semiconductor personalization center strategy, to scaling our blockchain platforms and developing post-quantum chips, we have created a solid foundation across every layer of digital trust infrastructure.

    We started 2025 on a very strong note and have now entered what I define as the ‘Year of WISeKey Convergence.’ This is more than a strategy, it is a paradigm shift. We are bringing together four foundational pillars: semiconductors, satellites, blockchain, and digital identity, into unified and interoperable ecosystems. This convergence allows us to offer end-to-end solutions where each component reinforces the other, enabling exponential innovation and resilience.

    For instance, our post-quantum secure chips, developed by our semiconductor subsidiary SEALSQ Corp (Nasdaq: LAES), are now being embedded into WISeSat satellites to create a secure foundation for a decentralized IoT infrastructure. Blockchain and identity platforms like SEALCOIN and WISeID are being deployed to power autonomous, tamper-proof transactions between machines, satellites, and users. Combining this with our partnership with the Hedera distributed ledger, brings transparency and immutability to these transactions. Additionally, our work with the Swiss Army is proceeding with the testing of a secure smartphone and secure communications with our WISeSat Satellites.

    This convergence approach positions WISeKey at the intersection of some of the most critical transformations of our time, such as quantum-resilient security, space-based connectivity, and the decentralized economy. We are not just adapting to the digital future, we are building it. For WISeKey, 2025 is expected to be a year of execution and scale, where our integrated business units aim to deliver tangible impact.”

    FY 2024 HIGHLIGHTS

    • $90.6 million cash balance (as of December 31, 2024) alongside a much cleaner balance sheet.
    • $11.9 million FY 2024 revenue, down from $30.1 million in FY 2023, reflects an expected decrease as a result of a transitional year with semiconductors customers gradually shifting to our next-generation quantum-resistant solutions and delayed building inventory until the release alongside the impact of the excess inventory accumulation by customers in 2023.
    • $7.0 million investments in R&D for the development of new projects and technologies, including SEALSQ’s post-quantum chip, SEALCOIN, and our WISeSat next generation satellites.
    • First engineering samples of our new quantum resistant secure microcontroller delivered in Q4 2024, in line with our semiconductors’ R&D plan initiated in 2022. We are on target to make our QVault-TPM, the next generation of secure microcontrollers built by SEALSQ on our new Secure RISC-V CPU, available on the market in Q4 2025.
    • Signed a landmark agreement with the Swiss Army to co-develop advanced cybersecurity and space-based capabilities. The first new generation WISeSat satellite under this initiative was launched in January 2025.
    • $115 million pipeline of secured and pending business opportunities over the period from 2026 to 2028 as of April 15, 2025.

    LOOKING AHEAD TO 2025

    Strong Financial Foundation to Support Strategic Growth

    WISeKey’s 2024 year-end solid cash position in excess of $90 million (predominantly secured via the over $80 million capital raised during 2024 by SEALSQ), alongside the availability of any additional financing should it be required, and its much cleaner balance sheet, place the Company in a very strong position to invest in high-growth areas such as post-quantum cybersecurity, next-generation semiconductors, satellite infrastructure, and blockchain-based ecosystems.

    Despite certain sector-wide headwinds, the Company’s overall outlook remains robust with a pipeline of secured and pending business opportunities exceeding $115 million for the period from 2026 to 2028, supported by growing public sector and defense partnerships.

    WISeKey anticipates strong growth in 2025, propelled by SEALSQ’s quantum-resistant technology developments and expanding IoT security demand. This growth is expected to be driven by the integration of chip revenue from new sources, an expansion in chip personalization services, additional revenue generated by WISeSat, and the consolidated revenue from our planned investments.

    In our semiconductors vertical, SEALSQ has been the main revenue contributor in 2024 and in prior years. We anticipate that our new Quantum-Resistant chips will be available on the market in Q4 2025. WISeKey foresees generating substantial returns from the full-scale commercial deployment of this quantum resistant chip starting in 2026.

    WISeKey has therefore taken several initiatives to develop new revenue streams and strengthen net results.

    These initiatives include:

    • Quantix Edges: Semiconductor Personalization & Design Center in Spain

    WISeKey and SEALSQ jointly, together with OdinS and TProtege, two Spanish companies with extensive experience in R&D&I (Research & Development & Innovation) worldwide and in the design and manufacturing of IoT devices and solutions, plan to establish in the Region of Murcia a “Center of Excellence in Cybersecurity and Microchips” under the financial umbrella of the Microelectronics and Semiconductors Plan (PERTE CHIP) initiated by Spain.   The project called Quantix Edges is in the final stages of the approval process by SETT, the Spanish government’s entity responsible for funding under the PERTE budgets.

    • Consolidated revenue from acquisition opportunities

    The potential IC’ALPS acquisition, if completed, would bolster SEALSQ’s Application-Specific Integrated Circuit (ASIC) development, and further strengthen WISeKey’s portfolio of products.

    • WISeSat’s new generation satellites

    Six more launches are planned during 2025 and 2026, with the next one currently scheduled for June 2025.

    • SEALCOIN’s TIoT commercial launch

    Following on from the successful Proof of Concept carried out in Q1 2025, SEALCOIN is working to identify partners to perform other PoCs and further demonstrate its readiness for industrialization of its TIoT solution.

    • Quantum as a Service

    In 2025, WISeKey advanced its commitment to quantum computing by investing in ColibriTD, a pioneering quantum technology company, aiming to integrate ColibriTD’s Quantum-as-a-Service (QaaS) platform into its Quantum Roadmap.

    • Scaled Up Global Footprint

    WISeKey continues to strategically expand its global presence, secure key partnerships with renowned distributors and sales representatives in crucial markets. These alliances have strengthened WISeKey’s market position while fueling growth by leveraging each partner’s expertise and established networks.

    KEY DEVELOPMENTS BY SUBSIDIARY

    SEALSQ: Leadership in IoT and Post-Quantum Cryptography Era

    SEALSQ advanced the Company’s mission to secure the connected world by focusing on post-quantum cryptography (PQC) and IoT security. Through its QUASAR platform, SEALSQ developed quantum-resistant technologies to protect data against future quantum threats, aligning with global standards like those from NIST. SEALSQ’s future strategy is built around four key priorities:

    1. Commercial Launch of Post-Quantum Chips

    • Commercial launch of two new post-quantum semiconductors, targeting IoT, PC, Tablets, and various industrial applications including medical, military and automotive sectors.
    • Expansion of chip fabrication partnerships to increase output for enterprise and government security solutions.
    • SEALSQ has set an ambitious five-year target to capture 20% of the Trusted Platform Module (TPM) market, a goal supported by strong market engagement. By the end of 2024, SEALSQ had secured over 60 qualified leads and one Design-IN for its TPM products, which are slated for commercial launch in 2025.
    • Developing Quantum resistant ASIC (custom design secure chips) for specific large client needs.

    2. Executing Targeted Acquisitions, Investments and Joint Ventures

    • Advanced and exclusive negotiations to acquire 100% of IC’ALPS; expected to be finalized in 2025.
    • As part of its global expansion strategy, SEALSQ is in final stage negotiations with Spanish authorities to establish an Outsourced Semiconductor Personalization and Test Center (OSPTC) in Spain. SEALSQ is exploring the development of similar OSPTCs in India, the United States, and the Middle East and Africa (MEA).
    • Planned continuing investment in startups engaged in quantum computing and AI initiatives as part of the SEALQUANTUM Initiative.

    3. R&D and Strategic Investments in Post-Quantum Security

    • SEALSQ is investing in the final development, qualification, certification (Common Criteria EAL5+ and FIPS 140-3 Level 3) process and the Industrialization (Wafer Test, Final Test, Packaging, Key Injection) of its Quantum-Resistant TPM 2.0 chip with a commercial launch target date set for Q4 2025. We are in discussions with over 60 interested potential customers, including major electronics manufacturers.
    • Scaling the first TPM PQC chip in broader ASIC offer for addressing the Medical, Defense, and IoT market segments.
    • First deployment of SEALSQ’s Quantum Resistant IoT chips on the WISeSat picosatellite constellation, enhancing secure connectivity in remote regions.

    4. Expanding Trust Services

    • Scaling managed PKI solutions for Matter IoT and enterprise security.
    • Expanding SSL/TLS and GSMA certificate offerings to reinforce global digital trust ecosystems.
    • Pushing adoption of INeS PKI Post quantum Cryptography latest features.

    WISeSat: Expanding Secure Space Capabilities

    WISeKey advanced its WISeSat.Space project, deploying low-earth-orbit picosatellites to provide secure IoT connectivity for remote applications. The Company continued to invest in this innovative satellite network, aiming to enhance global coverage for IoT ecosystems. With further deployments planned for 2025, WISeSat.Space is poised to address growing market demand for secure, satellite-based communication solutions, supporting critical infrastructure and underserved regions.

    Strategic Partnership with Swiss Armed Forces in the Space Sector
    In 2024, the WISeSat.Space division not only reinforced its strategic partnership with the Swiss Armed Forces in the space sector through the initiation of new projects, but it also formalized agreements with RUAG, the strategic integrator for the Swiss Armed Forces, for a national defence project focused on device-to-device communications.

    European Low Earth Orbit Satellite Constellation
    To date, WISeSat.Space has launched 17 mini-satellites with Space X into orbit through a strategic investment and partnership with FOSSA Systems, aimed at expanding its portfolio of space technology assets. Over the next 36 months, WISeSat.Space plans to deploy 88 next-generation satellites, following the January 2025 launch from California, which should significantly enhance global IoT connectivity and environmental monitoring capabilities, supporting applications such as climate change analysis, disaster response, and precision agriculture.

    Pioneering Blockchain and Cryptocurrency Transactions from Space
    In 2024, we took steps to launch a groundbreaking mission that harnesses WISeKey’s advanced security solutions in conjunction with the Hedera network to pioneer the exchange of SEALCOIN from space. Successfully tested in Q1 2025, this initiative marked the first-ever demonstration of secure digital cryptocurrency transactions conducted from orbit and established a proof-of-concept redefining boundaries of blockchain integration, a new era of space-based digital economies. Through this innovative endeavour, we reaffirmed our commitment to leading the development of digital currencies in an expanding technological landscape.

    Blockchain Ecosystem: SEALCOIN and WISe.ART

    SEALCOIN, WISeKey’s transactional IoT platform, made significant progress toward deploying decentralized digital identity solutions, leveraging blockchain to enable secure Web 3.0 transactions using our WISelD platform to incorporate Distributed Identity capabilities. With a development timeline set for key milestones in 2025, SEALCOIN aims to deliver scalable solutions for secure, trust-based interactions across digital networks, enhancing user control over identity and data.

    WISe.ART advanced its blockchain-based ecosystem for digital art and NFTs, integrating Web 3.0 technologies to ensure secure authentication and tokenization, capitalizing on the digital collectibles market. The WISe.ART platform has been developed to serve galleries, museums, and collectors, backed by WISeKey’s root-of-trust and blockchain compatible certificates of authenticity.

    WISeID: Empowering Private Digital Identity

    WISeID, WISeKey’s flagship digital identity platform, introduced biometric authentication, self-sovereign identity (SSI), and post-quantum cryptographic protocols, making it one of the world’s most secure digital identity systems.

    Complementing this, during 2024 WISeKey announced the ongoing development and planned launch of the SEALPhone, an ultra-secure smartphone designed with a privacy-by-design architecture. Currently in testing mode with several strategic clients, SEALPhone integrates WISeID and SEALCOIN, enabling secure communication, identity protection, and digital asset storage on a single hardware platform.

    FILING OF 2024 ANNUAL REPORT ON FORM 20-F

    WISeKey filed its Condensed Consolidated Financial Statements in the Form 20-F for the full year period ended December 31, 2024, with the U.S. Securities and Exchange Commission on April 17, 2025. The Form 20-F can be accessed by visiting the Company’s website at www.wisekey.com.
    In addition, the Company’s stockholders may receive a hard copy of the Form 20-F, which includes complete audited financial statements, free of charge by contacting its Investor Relations Representative at lcati@equityny.com or +1 212 836-9611.

    CONFERENCE CALL

    The Company will host a conference call to review its results on Tuesday, April 22, 2025, at 10:00 am ET (4:00 pm CET). To join, please use the following dial-in numbers:

    • Toll-Free Dial-In Number: 877-445-9755
    • International Dial-In Number: 201-493-6744

    The webcast of the call can be accessed through the Investor Relations section of WISeKey’s website at www.wisekey.com. An archived version of the call will also be made available.

    ADDITIONAL FINANCIAL & OPERATIONAL DATA

    Consolidated Statements of Comprehensive Income/(Loss) [as reported]

      12 months ended December 31,
    USD’000, except earnings per share 2024   2023   2022
               
    Net sales 11,875   30,918   23,814
    Cost of sales (7,104)   (15,754)   (13,588)
    Depreciation of production assets (478)   (420)   (132)
    Gross profit 4,293   14,744   10,094
               
    Other operating income 184   167   2,073
    Research & development expenses (7,026)   (4,398)   (3,862)
    Selling & marketing expenses (8,550)   (6,523)   (7,275)
    General & administrative expenses (16,324)   (17,290)   (11,466)
    Total operating expenses (31,716)   (28,044)   (20,530)
    Operating loss (27,423)   (13,300)   (10,436)
               
    Non-operating income 1,629   2,374   3,937
    Debt conversion expense (32)   (562)   (827)
    Interest and amortization of debt discount (1,013)   (624)   (168)
    Non-operating expenses (2,018)   (3,107)   (5,551)
    Loss before income tax expense (28,857)   (15,219)   (13,045)
               
    Income tax income / (expense) (3,086)   (230)   3,238
    Loss from continuing operations, net (31,943)   (15,449)   (9,807)
               
    Discontinued operations:          
    Net sales from discontinued operations     1,805
    Cost of sales from discontinued operations     (978)
    Total operating and non-operating expenses from discontinued operations     (5,274)
    Income tax recovery from discontinued operations     25
    Loss on disposal of a business, net of tax on disposal     (15,026)
    Income / (loss) on discontinued operations     (19,448)
               
    Net loss (31,943)   (15,449)   (29,255)
               
    Net loss attributable to noncontrolling interests (18,497)   (89)   (1,780)
    Net loss attributable to WISeKey International
    Holding Ltd
    (13,446)   (15,360)   (27,475)
               
    Earnings per Class A Share (USD)          
    Earnings per Class A Share from continuing operations          
    Basic (0.92)   (0.50)   (0.44)
    Diluted (0.92)   (0.50)   (0.44)
    Earnings per Class A Share from discontinued operations          
    Basic     (0.87)
    Diluted     (0.87)
               
    Earning per Class A Share attributable to WISeKey International Holding Ltd          
    Basic (0.39)   (0.51)   (1.22)
    Diluted (0.39)   (0.51)   (1.22)
               
    Earnings per Class B Share (USD)          
    Earnings per Class B Share from continuing operations          
    Basic (9.17)   (5.01)   (4.36)
    Diluted (9.17)   (5.01)   (4.36)
    Earnings per Class B Share from discontinued operations          
    Basic     (8.65)
    Diluted     (8.65)
               
    Earning per Class B Share attributable to WISeKey International Holding Ltd          
    Basic (3.86)   (5.06)   (12.22)
    Diluted (3.86)   (5.06)   (12.22)
               
    Other comprehensive income / (loss), net of tax:          
    Foreign currency translation adjustments 287   (842)   (1,434)
    Reclassifications out of the OCI arising during period     1,156
    Defined benefit pension plans:          
    Net gain (loss) arising during period (1,206)   (1,151)   2,934
    Other comprehensive income / (loss) (919)   (1,993)   2,656
    Comprehensive income / (loss) (32,862)   (17,442)   (26,599)
               
    Other comprehensive income / (loss) attributable to noncontrolling interests (28)   (99)   (964)
    Other comprehensive income / (loss) attributable to WISeKey International Holding Ltd (891)   (1,894)   3,620
               
    Comprehensive income / (loss) attributable to noncontrolling interests (18,525)   (188)   (2,744)
    Comprehensive income / (loss) attributable
    to WISeKey International Holding Ltd
    (14,337)   (17,254)   (23,855)

    The notes are an integral part of our consolidated financial statements.

    Consolidated Balance Sheets [as reported]

      As at December 31,   As at December 31,
    USD’000 2024   2023
           
    ASSETS      
    Current assets      
    Cash and cash equivalents 90,600   15,311
    Accounts receivable, net of allowance for credit losses 4,285   5,471
    Notes receivable, current 13   63
    Inventories 1,418   5,230
    Prepaid expenses 1,364   1,290
    Government assistance 2,247   1,718
    Other current assets 573   1,008
    Total current assets 100,500   30,091
           
    Noncurrent assets      
    Notes receivable, noncurrent 32  
    Deferred income tax assets   3,077
    Deferred tax credits 250   15
    Property, plant and equipment net of accumulated depreciation 3,275   3,392
    Intangible assets, net of accumulated amortization 96   96
    Operating lease right-of-use assets 1,502   2,052
    Goodwill 8,317   8,317
    Equity securities, at cost 455   486
    Other noncurrent assets 261   275
    Total noncurrent assets 14,188   17,710
    TOTAL ASSETS 114,688   47,801
           
    LIABILITIES      
    Current Liabilities      
    Accounts payable 13,496   12,863
    Notes payable 5,900   4,085
    Indebtedness to related parties, current 78   79
    Convertible note payable, current 9   190
    Deferred revenue, current 93   217
    Current portion of obligations under operating lease liabilities 607   638
    Income tax payable 2   4
    Other current liabilities 1,135   832
    Total current liabilities 21,320   18,908
           
    Noncurrent liabilities      
    Bonds, mortgages and other long-term debt 102   1,820
    Convertible note payable, noncurrent   1,519
    Deferred revenue, noncurrent 21   24
    Indebtedness to related parties, noncurrent 1,387  
    Operating lease liabilities, noncurrent 853   1,443
    Employee benefit plan obligation 3,877   3,001
    Other noncurrent liabilities 4   2
    Total noncurrent liabilities 6,244   7,809
    TOTAL LIABILITIES 27,564   26,717
    Commitments and contingent liabilities      
           
    SHAREHOLDERS’ EQUITY      
    Common stock – Class A 16   400
               Par value – CHF 0.01 and CHF 0.25      
    Authorized – 2,000,880 and 2,000,880 shares      
    Issued and outstanding – 1,600,880 and 1,600,880 shares      
    Common stock – Class B 359   8,170
    Par value – CHF 0.10 and CHF 2.50      
    Authorized – 6,194,267 and 6,194,267      
    Issued – 3,365,560 and 3,076,150      
    Outstanding – 3,309,052 and 2,954,097      
    Share subscription in progress 1  
    Treasury stock, at cost (56,508 and 122,053 shares held) (502)   (691)
    Additional paid-in capital 316,431   289,448
    Accumulated other comprehensive income / (loss) 3,150   4,041
    Accumulated deficit (294,407)   (280,961)
    Total shareholders’ equity attributable to WISeKey shareholders 25,048   20,407
    Noncontrolling interests in consolidated subsidiaries 62,076   677
    Total shareholders’ equity 87,124   21,084
    TOTAL LIABILITIES AND EQUITY 114,688   47,801

    The notes are an integral part of our consolidated financial statements.

    Our Chief Executive Officer and Chief Financial Officer, after evaluating the effectiveness of our disclosure controls and procedures as of the end of the period covered by the 2024 annual report, identified a material weakness in our internal control over financial reporting relating to an ineffective review control that was identified by the auditor.  As a result, an adjustment was made to the additional paid-in capital and noncontrolling interest in the equity accounts by the Company prior to the issuance of the financial statements ended December 31, 2024, which did not impact upon the total equity. See Note 3 to the consolidated financial statements.

    About WISeKey
    WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN; Nasdaq: WKEY) is a global leader in cybersecurity, digital identity, and IoT solutions platform. It operates as a Swiss-based holding company through several operational subsidiaries, each dedicated to specific aspects of its technology portfolio. The subsidiaries include (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and post-quantum technology products, (ii) WISeKey SA which specializes in RoT and PKI solutions for secure authentication and identification in IoT, Blockchain, and AI, (iii) WISeSat AG which focuses on space technology for secure satellite communication, specifically for IoT applications, (iv) WISe.ART Corp which focuses on trusted blockchain NFTs and operates the WISe.ART marketplace for secure NFT transactions, and (v) SEALCOIN AG which focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform.

    Each subsidiary contributes to WISeKey’s mission of securing the internet while focusing on their respective areas of research and expertise. Their technologies seamlessly integrate into the comprehensive WISeKey platform. WISeKey secures digital identity ecosystems for individuals and objects using Blockchain, AI, and IoT technologies. With over 1.6 billion microchips deployed across various IoT sectors, WISeKey plays a vital role in securing the Internet of Everything. The company’s semiconductors generate valuable Big Data that, when analyzed with AI, enable predictive equipment failure prevention. Trusted by the OISTE/WISeKey cryptographic Root of Trust, WISeKey provides secure authentication and identification for IoT, Blockchain, and AI applications. The WISeKey Root of Trust ensures the integrity of online transactions between objects and people. For more information on WISeKey’s strategic direction and its subsidiary companies, please visit www.wisekey.com.

    Disclaimer

    Forward-Looking Statements

    This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Forward-looking statements include statements regarding our business strategy, financial performance, results of operations, market data, events or developments that we expect or anticipate will occur in the future, as well as any other statements which are not historical facts and can be identified by forward-looking words such as “anticipate,” “believe,” “could,” “continue,” “estimate,” “expect,” “intend,” “may,” “should,” “will” and “would” or similar words. Although we believe that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates which are inherently subject to significant uncertainties and contingencies, many of which are beyond our control. Actual results may differ materially from those expressed or implied by such forward-looking statements. Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include WISeKey’s ability to continue beneficial transactions with material parties, including a limited number of significant customers; market demand and semiconductor industry conditions; the growth of the post-quantum cryptography market; the adoption by developers and customers of quantum computing; the successful launch our post-quantum chips; our ability to sell post-quantum cryptography products to consumers; our ability to develop NIST-approved algorithms for our post-quantum semiconductor technologies; our ability to expand our chip personalization services; our ability to derive consolidated revenue from our planned investments; growth in our cybersecurity certificate and managed PKI services and acquisitions; our ability to expand our Semiconductor personalization and design facilities and semiconductor production; our ability to grow our U.S., Middle East and Asia-Pacific market presence; our ability to expand our Trust services; our development and tokenization of WISe.ART; our expansion of the WISeSat.Space project and the deployment of our next generation satellites; our proposed expansion into EMEA, North America and Asia; the deployment and commercialization of SEALCOIN and TIoT; the ongoing development and adopted of WISeID; and the risks discussed in WISeKey’s filings with the SEC. Risks and uncertainties are further described in reports filed by WISeKey with the SEC.

    This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of the Swiss Financial Services Act (“FinSA”), the FinSa’s predecessor legislation or advertising within the meaning of the FinSA. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.

    Press and Investor Contacts

    WISeKey International Holding Ltd
    Company Contact:  Carlos Moreira
    Chairman & CEO
    Tel: +41 22 594 3000
    info@wisekey.com 
    WISeKey Investor Relations (US) 
    The Equity Group Inc.
    Lena Cati
    Tel: +1 212 836-9611
    lcati@equityny.com

    The MIL Network

  • MIL-OSI USA: Congressman Dan Goldman, Borough President Antonio Reynoso, Organized Labor, Energy Advocates Slam Trump Administration’s Stop Work Order on New York’s Second Largest Offshore Wind Project

    Source: US Congressman Dan Goldman (NY-10)

    Trump Administration Illegally Ordered Construction to Cease at Empire Wind 1, Threatens Offshore Wind Projects Nationwide 

     

    Empire Wind 1 Development Employs 1,500 Union Workers, Will Power 500,000 NYC Homes Upon Completion 

     

    See Pictures and Video from Event Here

    New York, NY – Congressman Dan Goldman (NY-10) was today joined by Brooklyn Borough President Antonio Reynoso, organized labor, and industrial workforce and energy advocates for a press conference slamming the Trump administration’s unlawful stop work order for the fully-permitted Empire Wind 1 wind farm — the second-largest wind farm project in New York State — and urging the administration to reverse course. 

    The project employs 1,500 union workers and was set to deliver clean, renewable energy to over half a million New York City homes, provide over $100 million in supply chain economic investments across New York, and make significant progress toward the city’s climate and energy goals. 

    “Trump’s decision to halt the Empire Wind 1 project, and all offshore wind development, is a betrayal of his own ‘America first’ agenda,” Congressman Dan Goldman said. “If executed, this directive would kill thousands of union jobs, reduce American manufacturing, increase energy prices, weaken our national security, and hand the clean energy future to China. In the name of his assault on climate initiatives, the President is actually undermining his own agenda and reducing American energy independence and dominance. I urge my Republican colleagues to work together to reverse this ill-advised decision.”

    Brooklyn Borough President Antonio Reynoso said, “Donald Trump has made it clear that he is hellbent on keeping our air polluted and putting Americans out of work. The President claims to be all about creating blue collar jobs, but here he is erasing over 1,000 union jobs in what remains of Brooklyn’s working waterfront. With Empire Wind, Brooklyn is leading the nation’s transition toward renewable, reliable, and affordable energy. We won’t back down just because Trump says so. I’m proud to stand with Rep. Goldman and so many other partners today to reject this reckless decision.”

    State Senator Andrew Gounardes said, “The Trump Administration’s decision to revoke approval for Empire Wind 1 is a slap in the face to all New Yorkers. Empire Wind 1 isn’t just about power generation—it’s about powering our economy with good-paying union jobs, apprenticeships for our young workers, and billions in economic investment in neighborhoods like Sunset Park and Red Hook. This project was fully permitted. Shovels were already in the ground, creating jobs. We cannot sit by quietly while this administration blocks the path toward affordable energy, resilient infrastructure, and jobs that support families.”

    Councilmember Alexa Avilés said, “I am profoundly concerned by the decision to stop the ongoing offshore wind project in New York. Our community has fought for years to ensure that Sunset Park would be part of solutions to reduce carbon emissions, build healthier and green energy, and provide new local union jobs. It is undeniable that we must build offshore wind to address our energy needs while recognizing the climate crisis. Thank you to all the community partners, city agencies, unions and Equinor for their commitment to our community and offshore wind. We stand in deep support.”

    Glen Siegel and Michael Stamatis, Managing Partners of SSBMT L.P., Operators of the South Brooklyn Marine Terminal, said, “We are deeply disappointed by the Trump Administration’s abrupt and shortsighted decision to halt all construction of Equinor’s Empire Wind project in federal waters. This decision undermines years of planning, investment, and collaboration between public and private partners working together to realize New York’s clean energy goals and create good-paying union jobs right here in Brooklyn. Equinor’s Empire Wind project is not only essential to our state’s energy future—it is the catalyst for revitalizing SBMT as a national hub for offshore wind staging, assembly, and operations. This project represents a once-in-a-generation opportunity to transform New York’s working waterfront, drive economic development, and deliver sustainable, renewable energy to millions of residents.”

    Vincent Alvarez, President of the New York City Central Labor Council, AFL-CIO, and Climate Jobs New York Director, said, “Hundreds of workers were prepared to start jobs on the offshore construction of Empire Wind 1 in just a few weeks, but now, their financial futures have been pulled out from under them. Thousands more jobs supporting the offshore wind industry – on the port at South Brooklyn Marine Terminal, assembly and staging at Arthur Kill Terminal on Staten Island, and component manufacturing in Albany and across the country, to name a few – are also all now at risk. Our union members and our communities are counting on clean energy jobs. We need to protect them.”

    Gary LaBarbera, President of the Building and Construction Trades Council of Greater New York, and Climate Jobs New York Director, said, “This announcement is a blow to New York’s hardworking tradesmen and tradeswomen who are counting on this project to create high-quality, long-lasting jobs, and to everyone in New York who is struggling to afford their electric bills right now. Empire Wind was going to bolster the middle class, make our air cleaner, and bring much-needed local power to our energy grid to lower costs. This stop work order on a shovel-ready energy project is a massive step backward for union workers and our quest to build more domestic energy, and it sends a chilling effect to any developers looking to build energy projects here in America.”

    Christopher Erikson, Business Representative for Local Union No. 3 IBEW, said, “The nearly 29,000 members of Local Union No. 3, IBEW are disappointed with the federal government’s decision to pause construction on the Empire Wind 1 project. This action is detrimental to my members, other Building Trades workers, Sunset Park, and the surrounding communities who were counting on clean energy to be added to the grid to help power our neighborhoods. Local 3, IBEW members have been preparing for this project for years in anticipation of the union wages and benefits that would support them and their families. We stand in solidarity with Congressman Goldman, Equinor, and the team behind Empire Wind to express our dismay, disappointment, and anger at this shortsighted decision by the Trump administration. We hope this is only a pause, so that we can get to work on securing a clean energy future in our city and a healthier planet for ourselves and our families.”

    Jesse Solomon, Executive Director of the Southwest Brooklyn Industrial Corporation, said, “For the past year, SBIDC has been working directly with small businesses in Brooklyn to help them access offshore wind contracts and prepare for a generational economic opportunity. Empire Wind 1 is central to that progress. This is one of the most important climate and economic development projects New York has ever seen – we stand with Rep. Goldman in urging the federal government to reinstate this project.” – Jesse Solomon, Executive Director, Southwest Brooklyn Industrial Development Corporation.” 

    Chris Ward, Interim President and CEO at Waterfront Alliance said, “Clean, affordable, and reliable power for 500,000 homes. 1,000 jobs. A billion-dollar port. Yesterday, the Trump administration decided that New Yorkers do not need these. With the scratch of a pen, an incredible $2 billion investment to make the world better was halted. Waterfront Alliance is confident that wiser minds will prevail. We will offer every support to Equinor, the State and City of New York, and our partners in offshore wind and port development to see that this decision is reversed,”

    Esther Rosario, Executive Director of Climate Jobs New York, said, “If we stall these projects, we don’t just jeopardize our energy grid’s stability—we put workers’ livelihoods at risk. These aren’t abstract ideas — they’re real paychecks that were promised to working people in our unions and our communities. Local businesses, from bodegas to gas stations, also benefit when these projects are underway. We urge our federal government to reverse their decision to halt this project and our leaders in New York to stay the course and invest in and protect the union jobs that are rebuilding our middle class and building our future.”

    Julie Tighe, President of the New York League of Conservation Voters, said, “The federal government is placing American energy independence and abundance, thousands of union jobs, and clean air at risk with the reckless stop work order for Empire Wind. This project is fully permitted and will provide energy for half a million homes – there are no other ways to get that amount of energy into New York’s grid in the near term when electric demand is growing. We are proud to stand with Governor Hochul, Congressman Goldman, our friends in labor, and the environmental movement to fight this attempt to derail our clean energy future and hurt New York’s nation-leading progress to develop offshore wind power.”

    Allyson Samuell, Sierra Club’s Senior Campaign Organizer in New York said, “Offshore wind creates good jobs with good salaries and doesn’t pollute our air and water. This is the future for our energy system. The downstate New York region is incredibly dense, we don’t have a lot of space for large scale energy infrastructure on land. Offshore wind projects, like Empire Wind 1, are the ideal solution for providing electricity to the entire New York City metro-area. This project is essential to helping downstate New York meet the rising demand for electricity and ensure reliable energy for families. For New Yorkers, this is local power that is generated near where it’s needed, bringing us closer to energy independence.”

    Spurred by clean energy subsidies in President Biden and House Democrats’ Inflation Reduction Act, the Empire Wind 1 offshore wind project would be the first of its kind to plug directly into the New York City power grid, ultimately powering over 500,000 homes. The South Brooklyn Marine Terminal would also be the largest offshore wind Operations and Maintenance hub as well as staging area in the United States.  

    Congressman Goldman has championed the Empire Wind 1 project and offshore wind energy as a national security and economic imperative since taking office. 

    Last June, Congressman Goldman joined elected officials to break ground on the South Brooklyn Marine Terminal, which would serve as the largest offshore wind staging and maintenance port in the nation and connect offshore wind power to over 500,000 homes across New York City. 
    Last Spring, Congressman Goldman led a walking tour of the South Brooklyn Marine Terminal to tout the role that Inflation Reduction Act (IRA) tax credits played in making Brooklyn the future offshore wind capital of America.  
    Congressman Dan Goldman is a member of the Congressional Offshore Wind Caucus, which pushes for policies to improve offshore wind technology, increase investment in the offshore wind workforce, and position the United States as a global leader in the industry. 

     ###

    MIL OSI USA News

  • MIL-OSI USA: CFTC Staff Issues Advisory on Referrals to the Division of Enforcement

    Source: US Commodity Futures Trading Commission

    CFTC Staff Issues Advisory on Referrals to the Division of Enforcement | CFTC

    /PressRoom/PressReleases/9067-25
    Skip to main content

    April 17, 2025

    WASHINGTON, D.C. — The Commodity Futures Trading Commission’s Market Participants Division, the Division of Clearing and Risk, and the Division of Market Oversight (Operating Divisions) and the Division of Enforcement (DOE) today issued a staff advisory providing guidance on the materiality or other criteria that the Operating Divisions will use to determine whether to make a referral to DOE for self-reported violations, or supervision or non-compliance issues. 
    This advisory furthers the implementation of DOE’s recent advisory, issued February 25, 2025, addressing its updated policy on self-reporting, cooperation, and remediation. [See CFTC Press Release No. 9054-25.]

    -CFTC-

    MIL OSI USA News

  • MIL-OSI USA: Fact Sheet: President Donald J. Trump Restores American Seafood Competitiveness

    US Senate News:

    Source: The White House
    STRENGTHENING THE U.S. FISHING INDUSTRY: Today, President Donald J. Trump signed an Executive Order to restore American seafood competitiveness.
    The Order strengthens the U.S. fishing industry by reducing regulatory burdens, combating unfair foreign trade practices, and enhancing domestic seafood production and exports.
    It directs the Secretary of Commerce to immediately consider suspending, revising, or rescinding regulations that overly burden America’s commercial fishing, aquaculture, and fish processing industries.
    It directs the National Marine Fisheries Service (NMFS) to:
    Incorporate better, cheaper, more reliable technologies and cooperative research programs into fishery assessments.
    Expand exempted fishing permit programs to promote fishing opportunities nationwide.
    Modernize data collection and analytical practices to improve the responsiveness of fisheries management to real-time ocean conditions.

    The Order establishes an America First Seafood Strategy to boost U.S. seafood production, sales, and exports, ensuring long-term industry growth and global competitiveness.
    The Order also mandates the development of a seafood trade strategy to address unfair competition, low environmental and labor standards, and illegally sourced seafood from abroad, while expanding access to foreign markets for American seafood products.
    It tasks the administration with improving the Seafood Import Monitoring Program (SIMP) to better detect high-risk shipments from countries that violate international laws.
    It orders a review of all existing marine national monuments to assess opening them to commercial fishing.
    ADDRESSING THREATS TO AMERICAN SEAFOOD COMPETITIVENESS: President Trump recognizes that overregulation and unfair trade practices have eroded the U.S. fishing industry’s global leadership.
    The U.S. controls over four million square miles of prime fishing grounds but imports nearly 90% of its seafood, resulting in a trade deficit exceeding $20 billion.
    The seafood industry is one of the most heavily regulated sectors in the United States, with restrictive catch limits and outdated data hampering American fishermen’s productivity.
    Illegal, unreported, and unregulated (IUU) fishing, forced labor in foreign seafood supply chains, and unfair trade practices abroad all undermine U.S. markets.
    SUPPORTING AMERICAN FISHERMEN: This Executive Order builds on President Trump’s commitment to revitalize the U.S. fishing industry.
    In 2020, President Trump signed an Executive Order to promote seafood competitiveness and remove unnecessary regulatory burdens.
    Upon returning to office, President Trump signed an Executive Order halting offshore wind projects to preserve a robust U.S. fishing industry for future generations.
    President Trump implemented tariffs to protect America’s fishing industry—praised as being a lifeline for the shrimping industry.

    MIL OSI USA News

  • MIL-OSI Canada: Exporting energy, importing opportunity

    Source: Government of Canada regional news (2)

    MIL OSI Canada News

  • MIL-OSI United Nations: Experts of the Committee against Torture Praise France’s Engagement with the Review Process, Ask about Prison Overcrowding and Excessive Use of Force by the Police

    Source: United Nations – Geneva

    The Committee against Torture today concluded its consideration of the eighth periodic report of France under the Convention against Torture and Other Cruel, Inhuman or Degrading Treatment or Punishment, with Committee Experts praising the State’s engagement with the review process, and raising questions about prison overcrowding and excessive use of force by the police.

    Abderrazak Rouwane, Country Co-Rapporteur and Committee Expert, commended France’s strong engagement with the review process, with the participation of a large, high-level delegation, the national human rights institution and civil society.

    Mr. Rouwane said conditions in French prisons were very concerning, with serious overcrowding. There were over 79,000 prisoners, although there were only 61,000 prison places, and there were reports of rodent, cockroach and bedbug infestations, poor sanitation facilities, and a lack of penitentiary staff.  What measures were in place to prevent prison occupancy from exceeding 100 per cent?

    Jorge Contesse, Country Co-Rapporteur and Committee Expert, said excessive use of force by French police officers at road checks and during protests had in certain cases led to serious injury and death.  A 2017 law allowed police officers to fire on civilians if they believed that they posed a significant threat, which reportedly influenced the rise in deaths caused by police officers since 2017.  What measures were in place to prevent excessive use of force by the police?

    Introducing the report, Isabelle Rome, Ambassador for Human Rights, Ministry for Europe and Foreign Affairs of France and head of the delegation, said France was working to fight against prison overcrowding and improve prison conditions.  The Ministry of Justice was developing alternatives to incarceration, strengthening early release mechanisms and constructing prison buildings to create 15,000 additional places.  Some 6,500 new places had been created and 17 new detention facilitates had been established thus far.

    The delegation added that a 2019 law scrapped prison terms of less than one month, while a 2021 law strengthened mechanisms for early release such as bail and a 2023 law promoted alternatives to detention, such as house arrests with electronic tags and community service

    On excessive use of force by police officers, Ms. Rome said various training activities had been conducted for State officials on human rights and the prevention of violence. The police code of ethics stated that force was to be used only when necessary and proportionate to the seriousness of the threat.  France had also reformed its doctrine of policing demonstrations, guaranteeing the rights to freedom of peaceful assembly.

    The delegation added that the judiciary imposed proper sanctions for cases of excessive use of force, including imprisonment.  There were 350 cases of excessive use of force in 2021.  In 96 per cent of convictions, perpetrators were imprisoned; the average prison term was 15 months.

    In closing remarks, Erdogan Iscan, Committee Vice-Chair and acting Chair for the dialogue, expressed appreciation for the delegation’s active engagement in the constructive dialogue.  The Committee’s recommendations would aim to improve the implementation of the Convention in the State party and eliminate obstacles.

    In her concluding remarks, Ms. Rome said that the Committee’s painstaking work would inspire the State party in its future endeavours.  Its recommendations would be closely scrutinised by the State party.  France would continue to promote the Convention and combat torture around the world.

    The delegation of France consisted of representatives from the Ministry for Europe and Foreign Affairs; Ministry of Overseas Territories; Ministry of the Interior; Ministry of Justice; Ministry of the Armed Forces; Ministry of Health and Prevention; French Office for the Protection of Refugees and Stateless Persons; and the Permanent Mission of France to the United Nations Office at Geneva.

    The Committee will issue concluding observations on the report of France at the end of its eighty-second session on 2 May.  Those, and other documents relating to the Committee’s work, including reports submitted by States parties, will be available on the website of the session.  Summaries of the public meetings of the Committee can be found here, and webcasts of the public meetings can be found here.

    The Committee will next meet in public on Wednesday, 23 April at 10 a.m. to consider the third periodic report of Turkmenistan (CAT/C/TKM/3).

     

    Report

    The Committee has before it the eighth periodic report of France (CAT/C/FRA/8).

    Presentation of Report

    ISABELLE ROME, Ambassador for Human Rights, Ministry for Europe and Foreign Affairs of France and head of the delegation, said respect for human rights and the prohibition of any act of torture or inhuman and degrading treatment were priorities in France’s foreign policy.  On the seventy-fifth anniversary of the Universal Declaration of Human Rights, the President made concrete commitments, such as the organisation of the ninth World Congress Against the Death Penalty in Paris in 2026.  On the fortieth anniversary of the Convention in 2024, France issued a statement reaffirming its support for the universalisation and implementation of the Convention and its Optional Protocol. Together with its partners, France organised the first World Congress on Enforced Disappearances in Geneva at the end of January 2025. 

    As a member of the Global Alliance for Torture-Free Trade, France would continue to support the development of an international and binding legal instrument on trade in goods which could be used for capital punishment or torture.  While France already applied European provisions on such trade, regulating trade in such goods at the international level would be a crucial step towards eradicating torture and ill-treatment globally.

    France had strengthened its public policies regarding torture and other cruel, inhuman or degrading treatment since its last report in 2020.  Various training activities for State officials on human rights and the prevention of violence had been increased.  The Code of Ethics of the National Police and the National Gendarmerie stated that force was to be used only within the framework set by law, only when necessary, and proportionate to the seriousness of the threat.  Judicial authorities investigated the most serious cases of alleged crimes and misdemeanours by police officers.  The State had also reformed its doctrine of policing demonstrations, guaranteeing the rights to freedom of expression and peaceful assembly.

    The legal framework guaranteed the right of persons in police custody to notify any person of their choice, the right to a doctor, the right to silence, and the right to be immediately assisted by a lawyer.  France was also working to fight against prison overcrowding and improve prison conditions.  It adopted a preventive remedy mechanism in April 2021 to guarantee the right to respect for dignity in detention and a decree in June 2023 on legal aid.  In addition, the Ministry of Justice was developing alternatives to incarceration, strengthening early release mechanisms and constructing prison buildings to create 15,000 places.  Measures had been put in place to increase access to psychiatric care in prisons and to control the use of solitary confinement.  The policy to combat suicide in prisons was bearing fruit, and measures to prevent and punish gender-based violence against intersex and transgender people had been implemented.  Further, at psychiatric establishments, structural reforms and significant financial measures had been taken to strengthen care and the training of caregivers.

    The immigration law of January 2024 introduced several significant advances: the creation of “France asylum” spaces and territorial chambers of the National Court of Asylum, simplification of immigration litigation, more effective protection of the most vulnerable asylum seekers, the cessation of detention of families with minors, and the creation of a fine for employers who used the work of foreigners without a residence permit in France.

    France was under no obligation under the Convention to remove the statute of limitations on the offence of torture.  However, the offence of torture as a predicate offence of the crime against humanity remained imprescriptible.

    In December 2023, France presented its third national plan to combat the exploitation and trafficking of human beings, for the years 2024 to 2027, consisting of 60 measures, the follow-up of which would be coordinated by an interministerial committee.  The Central Office for the Repression of Trafficking in Human Beings had also developed a strategy to combat the prostitution system and sexual exploitation.

    France was more committed than ever to the fight against discrimination, hate crimes and hate speech, in particular acts committed online.  A national unit for the fight against online hate was created within the Paris Public Prosecutor’s Office in 2020.  The National Plan for Equality developed for the period 2023-2026 included concrete and ambitious actions to eradicate the scourge of hatred and violence.  In May 2024, the President announced the creation of a new non-governmental organization, the Christchurch Call Foundation, to eliminate terrorist and violent extremist content online.  A May 2024 law was also introduced to regulate the digital space to strengthen the repression of hate speech.

    In New Caledonia, the Government had been particularly active to guarantee the safety of people during the recent riots.  Emergency measures, for the benefit of the economic world and local authorities, had been deployed.  The working mission set up by the Head of State was engaging in dialogue with the local political forces, in the spirit of the Nouméa Accords.  In Mayotte, France had carried out operations aimed at restoring public order and combatting illegal immigration, and had accelerated the processing of asylum applications.  It was also heavily mobilised in the aftermath of Cyclone Chido. France remained committed to supporting the people of Mayotte in this ordeal by mobilising all the resources necessary for reconstruction and the restoration of daily life.

    Nine years after France’s last examination before this Committee and five years after the publication of its national report, France was staying the course to ensure that progress was made in the fight against torture and other forms of cruel, inhuman and degrading treatment, in France and internationally.

    Questions by Committee Experts

    JORGE CONTESSE, Committee Expert and Country Co-Rapporteur, said France’s Criminal Code criminalised torture but did not specifically define the crime. The State needed to integrate a definition that was in line with article one of the Convention.  Why was the State party reluctant to have a stand-alone definition of torture, unlike other common law countries?  What court rulings had included specific definitions of torture? Why had France refused to remove the statute of limitations on torture crimes unless the crime was a crime against humanity?

    Reportedly, there were excessive delays in police informing detainees of their rights, particularly for arrests after demonstrations.  There were reports of excessive arrests to dissuade protesters.  Police custody lasted up to 48 hours, but this could be extended to 96 hours for serious offences.  The Committee was concerned by reported plans to increase the length of police custody, and reports of excessive handcuffing and poor training of police on custody regulations.  Was training on police ethics provided only on recruitment or continuously?  Was training provided on the Istanbul Protocol? Were there plans to introduce tools to monitor torture and other cruel, inhuman or degrading treatment in police custody?

    Excessive use of force by French police officers at road checks and during protests had in certain cases led to serious injury and death.  What measures were in place to prevent excessive use of force?  One man of African descent had died in 2016 following arrest, and no one had been held accountable.  There were grounds to believe that there was a lack of proper training on excessive use of force.  A law of 2017 allowed police officers to fire on civilians if they believed that they posed a significant threat.  This law had reportedly influenced the rise in deaths caused by police officers since 2017.  Had the State party implemented measures to address racism in the police force?  What were the findings of the 2024 thinktank established to assess the increase in incidents of excessive use of force? What measures were in place to prevent excessive use of force by the police and what penalties were issued to perpetrators?

    In New Caledonia, eight Kanak protesters were killed by French officials under the state of emergency.  A large number of protesters were arrested and many claimed to have been beaten by police officers.  Why were detained persons taken to mainland France?  Why did the State party refuse to recognise the rights of indigenous peoples on French territory?

    Restrictions on immigration had reportedly increased due to a recent law on immigration control.  The fast-tracked procedure introduced by this law gave asylum seekers less time to prepare their cases.  What was the State party’s view of these legal changes?  How were lawyers who represented asylum seekers chosen and how was their performance assessed?  There were concerns about unlawful deportations and failure to respect the rights of asylum seekers.  France had forcibly expelled over 3,500 asylum seekers without sufficiently assessing the risks that they faced in their home countries.  What measures were in place to prevent forced expulsions? Would the State party respect the rulings of the European Court of Human Rights in this regard?  How many appeals had been made against forced removals and what were their outcomes?

    State law was clear that French courts could prosecute people pursuant to the Convention for torture crimes committed outside of France; why did the same provisions not apply on crimes committed domestically?  France had called for the arrest of the President of the Russian Federation under the Rome Statute in 2024 but had stated that the President of Israel was immune to the International Court of Justice’s arrest warrant.  Why did its position differ for these two leaders?

    ABDERRAZAK ROUWANE, Committee Expert and Country Co-Rapporteur, welcomed that the State party had provided detailed responses to the list of issues.  He also commended France’s strong engagement with the review process, with the participation of a large, high-level delegation, the national human rights institution and civil society.

    Nothing justified the violence that had been seen since Sunday in prisons against penitentiary staff in France, but conditions in prisons were very concerning, with serious prison overcrowding.  There were over 79,000 prisoners in France, although there were only 61,000 prison places. The overcrowding rate was 150 per cent on average, and one prison had a rate of over 300 per cent.  There had been a 5.6 per cent increase in pre-trial detainees in 2024 compared to 2023.  There were reports of rodent, cockroach and bedbug infestations in prisons, poor sanitation facilities, a lack of access to natural light, and a lack of penitentiary staff. 

    What measures were in place to develop a law to prevent prison occupancy from exceeding 100 per cent?  Detainees were not informed about the complex complaints’ mechanisms available.  What measures would the State party take to bolster non-custodial alternatives and reduce the use of pre-trial detention? How did the State party ensure that full body searches were only conducted when necessary and prevent excessive night surveillance activities?  What was the legal framework related to body searches, night searches, and the complaints mechanism for prisoners?

    Prison overcrowding inhibited prisoners’ access to medical services.  Detainees needed to send written advanced requests for medical check-ups and there was a high rate of cancellation of medical transfers due to logistical difficulties.  Detainees with psychosocial disabilities were disproportionately represented in prisons. What steps had been taken to improve access to medical services in prisons and to prevent the incarceration of persons with psychosocial disabilities?  The number of suicides in places of deprivation of liberty in 2024 had increased compared to 2023, despite measures implemented to prevent them. How many investigations had been opened into suicides, and how many staff had been convicted related to prison deaths?

    Disciplinary seclusion measures were reportedly excessively used in places of deprivation of liberty.  How was the State party addressing this issue?  The law provided a maximum duration of solitary confinement for up to 30 days. What measures would the State party take to ban solitary confinement for minors aged between 16 and 18 and persons with psychosocial disabilities? 

    Maximum security wings had been established for persons accused of terrorism that were tantamount to solitary confinement.  Detainees were systematically handcuffed when guards carried out random checks and there were frequent full body searches.  What measures were in place to increase human contact for persons in these wings and to protect their rights?  How would the State party prevent the unnecessary detention of persons with disabilities and ensure that such people had access to the necessary support and facilities that they needed?

    Police custody facilities were small and inappropriate, with overcrowding, poor sanitation facilities, unwashed blankets and lack of access to drinking water.  In one case, a detainee had spent the night handcuffed to a waiting bench rather than being placed in a cell.  How would the State party ensure that handcuffs were used only as provided for in law, improve detainment facilities, and strengthen training for police officers on detainees’ rights?

    The Committee welcomed the 2024 ban on administrative detention for children.  However, administrative detention centres increasingly resembled prisons, with poor facilities, insufficient provision of food, and wire cages for detainees.  How would the State party improve conditions in administrative detention and prevent the detention of unaccompanied minors in Mayotte?

    There were 112 holding areas at ports on French territory.  Some 8,600 persons were held in these areas in 2023, where conditions were reportedly worsening.  There was no separation of men, women and children, and it was hard for detainees to access health care and psychological care, leading to suicides.  There were also reports of detained persons being subjected to violence.  How would the State party encourage civil society organizations and oversight bodies to visit these areas?  How would it improve conditions and access to support services and prevent the detainment of children in these areas?

    There were around 500 incidents reported to the Ombudsman in 2023 related to the excessive use of force by police officers.  Administrative penalties had been issued to police officers in around 40 cases.  The rate of prosecutions for such cases had fallen between 2016 and 2021.  Why was this?  The Committee was concerned by the increase in the use of tasers.  Three people were seriously injured in 2023 by tasers.  A 30-year-old man’s heart had stopped twice after police used a taser on him.  How did the State party ensure that the use of tasers followed principles of proportionality?

    Another Committee Expert cited reports that police identity checks disproportionately targeted persons belonging to racial and ethnic minorities, particularly Black and Arab persons.  Would the Government take measures to ensure that police used stop-and-search measures in strict compliance with international law?  What oversight was there of these practices?

    One Committee Expert asked about measures to properly investigate cases of sexual violence and to strengthen support services for victims of sexual violence and incest. There were reports of mothers being criminalised for child abduction in cases where they sought to protect their children from abusive fathers.  How would the State prevent the prosecution of mothers in such cases?  Could the State party provide information on investigations into cases of sexual violence committed by French troops in the Central African Republic?  What safeguards were in place to ensure consent for medical procedures on intersex persons?

    A Committee Expert asked about pre-deployment training provided to French peacekeepers on international humanitarian law.  What training did police receive on the use of tasers and other equipment?  The United Nations General Assembly had called on States to prevent and prohibit trade in equipment for the purposes of torture. What legal and policy measures were in place in this regard?

    One Committee Expert said that in recent years, the Government had initiated fewer investigations into trafficking and prosecuted fewer traffickers.  Enforcement authorities reportedly continued to arrest child victims of forced begging and deport undocumented minors from Mayotte without investigating whether they were victims of trafficking.  How was this being prevented?

    Responses by the Delegation

    The delegation said France believed that the Criminal Code covered the provisions of the Convention; there was thus no need to revise it.  There was a 2022 court of cassation ruling that included a definition of torture that was in line with that of the European Convention on Human Rights.  The crime of torture was not time-barred when it was part of a crime against humanity or genocide.  The statute of limitations lasted for 20 years from the commission of the crime; the State party believed that this was long enough.

    There had been major reforms to police custody legislation that allowed for immediate access to lawyers from the moment of detention.  Persons in detention could inform third parties of the detention and needed to be immediately informed of their rights.  Police custody was rendered void if it did not respect legal regulations.  It could not exceed 24 hours, but could be extended by courts in certain situations, such as in cases of drug trafficking and terrorism due to the complex nature of investigations.  Preventative arrest was illegal in France.

    Respect for human dignity and hygiene in places of deprivation of liberty was a priority for the State party.  It was modernising police detention facilities, installing floor heating, and expanding cell sizes.  The Police Commissioner and the Head of the Gendarme Brigade were responsible for ensuring appropriate detention conditions and regular cleaning.  There were regular inspections of the gendarmerie and police stations.  The percentage of blankets that had been washed had increased between 2016 and 2021, and single-use blankets were also being used.  Water was not available in cells for security reasons, but police were required to provide water to detainees when they asked for it. Persons were not to be placed in cells with blocked toilets.  Around 90 per cent of facilities had hygiene kits.

    There was initial training for police and gendarmerie officers on regulations related to arrests, ethics and appropriate use of force, and additional training was provided to officers upon promotion.  Officers who handled weapons needed to go through training each year on rules related to the use of weapons.  Work psychology programmes had been set up that promoted de-escalation and delaying the use of weapons.  Victims’ associations provided testimony during training courses. 

    The national training college for prison guards provided theoretical training on European legislation on human rights and the use of force, and virtual reality helmets were used in practical training for guards on preventing violence.  Prison guards were trained to build positive relationships with inmates and to use non-violent means of resolving conflicts. Persons who conducted hearings of asylum seekers were trained on the Istanbul Protocol and on identifying victims of torture.  A Government body had been established that focused on issues of torture and trauma in asylum assessments.

    Police and the gendarme were guided by the Criminal Code, which gave them the right to decide whether to handcuff an individual based on the threat that they posed and the flight risk.  Training taught officers how to observe and read situations and to follow technical guidelines.  Handcuffing to a fixed point could only be done when necessary to prevent persons in custody from becoming a danger to themselves or police.  Handcuffing persons lying on their stomach was prohibited in 2021.

    Tear gas was not recommended to be used in closed areas such as football stadiums.  There was rigorous training on tear gas, flash-ball launchers and tasers, which could not be used on moving vehicles.  Police were bound to provide immediate assistance to persons struck by these weapons.  Sonar grenades were used to disperse crowds rather than explosive devices. There was post-facto judicial oversight on the use of these devices.

    Police could only carry out identity checks if there was a suspicion of illegal or threatening behaviour or an arrest warrant.  Body searches sometimes needed to be carried out during identity checks to check for weapons.  Only officers of the same sex could carry out such searches and there was post-facto judicial oversight.

    State agents received ongoing training on the appropriate use of force.  The 2017 law spelled out the rules on the appropriate use of force, respecting the principles of necessity and proportionality. There were 5,300 assaults on police in 2023.  In 2015 and 2016, many police officers had been killed; this number had reduced each year since.

    Law enforcement officials’ activity was monitored by plaintiffs, external oversight bodies and superiors.  Members of the public could report illegal behaviour via various channels; some 6,000 complaints had been received in 2024.  Investigations were carried out into all complaints, and prosecutions or administrative actions were taken to respond to failings.  Close to 600 police officers had been sanctioned in 2024. The judiciary imposed proper sanctions for cases of excessive use of force, including imprisonment.  There were 350 cases of excessive use of force in 2021.  In 96 per cent of convictions, perpetrators were imprisoned; the average prison term was 15 months.

    Racial and facial profiling were prohibited.  Complaints related to racial profiling and discriminatory identity checks represented only a small percentage of complaints against police.  Officers were required to explain why identity checks were carried out and to wear body cameras when carrying out checks.

    Training was provided to prison staff at juvenile detention centres on responding to violent situations.  Prison guards were not allowed to use any form of violence against detainees. Force could only be used when necessary and needed to be proportionate.  Excessive use of force was reported to the judiciary for investigation.  Accused guards could be suspended and their salary withheld.

    The rights of irregular migrants were systematically respected in administrative detention centres. People placed in these centres were deemed to be a threat to public order; half of the people in these centres had served prison sentences.  All cases of excessive use of force by officials were subject to judicial oversight.

    New Caledonia had been trying to develop its institutional framework.  Some stakeholders had been expressing their discontent with this process, giving rise to protests in spring 2024, in which hundreds of people were injured.  There were 14 deaths, including deaths of two gendarmes.  Hundreds of firearms were fired at police officers, and hundreds of people who participated in the protests were subsequently subjected to prison sentences.  A minister for the overseas territories had since been appointed and would promote a peaceful emancipation process.

    All persons’ rights were protected in France, regardless of their cultural and racial heritage.  French authorities paid special attention to the needs and desires of persons living in its overseas territories, including related to health, education and land rights. The legal framework was reconciled with customary laws in Guyana and New Caledonia by customary councils of indigenous peoples.  Authorities supported these bodies and sought to increase their resources.

    Deaths of migrants could be attributed to traffickers and businesses that exploited migrants’ suffering.  Some 73 migrants had died in the English Channel.  Law enforcement officials sought to prevent deaths of migrants at sea. When foreign citizens posed threats to the country, they could be extradited.  Appeals to extraditions could be lodged within 24 hours of the decision.  Qualified legal experts represented foreigners that lodged appeals.  The principle of non-refoulement was respected by France in extradition procedures.  Risks of torture and other cruel, inhuman or degrading treatment were taken into consideration by officials at all stages of proceedings. France sought guarantees from receiving countries that extradited persons would not be subjected to torture.

    The overall prison occupation rate was 131 per cent as of 2025.  The Ministry of Justice had rolled out a voluntary prison regulation policy.  A 2019 law scrapped prison terms of less than one month, while a 2021 law strengthened mechanisms for early release such as bail.  A 2023 law promoted alternatives to detention, such as house arrests with electronic tags and community service.  There was a programme in place to add 15,000 prison places.  Some 6,500 new places had been created and 17 new detention facilitates had been established thus far.  In 2024, 18 million euros were allocated to renovation and maintenance of overseas prisons.  In Mayotte, Cyclone Chido had caused damage to detention facilities; funds had been allocated to ensure repairs and to reduce overcrowding in these facilities.

    French law established strict conditions for the detention of minors.  Minors aged 16 to 18 could only be held in solitary confinement for three to six days, or in single person blocks from five to seven days. Seclusion did not restrict their access to family visits or medical and education services.  The number of suicides in prisons had increased in recent years; it was around 140 in 2024.  The increase was proportionate to the increase in the prison population. An action plan for preventing suicides had been drafted in 2023.  The State had provided over 1,800 prison staff with training on preventing suicide and a hotline had been established to report detainees’ suicide risks.

    All detainees were provided with healthcare that was of the same quality of that of the general population free of charge.  Each place of deprivation of liberty had a healthcare clinic.  The State party was encouraging student doctors to carry out internships at prisons, and to try job sharing between hospitals and prison clinics.

    All sexual relationships with children aged 14 or younger were considered to be rape.  When persons reported sexual violence by partners, anti-family violence units carried out investigations and judicial action was taken against perpetrators.

    There was currently a legal debate raging in France related to the obligation to cooperate with the rulings of the International Criminal Court.  French courts would rule on this issue, reviewing arrest warrant requests and the immunities that applied to officials. 

    France trained military staff who were to be deployed overseas on international humanitarian and human rights law, including the prohibition of torture.  Allegations of abuse citing members of the French armed forces were handed over to judicial authorities for investigation.  Constant assessments of human rights protections by French armed forces were conducted in collaboration with the International Committee of the Red Cross.  France applied internationally determined sanctions and embargos on goods that could be used for capital punishment and torture.

    A bioethics law was adopted in 2021 and six centres specialised in caring for intersex children had been set up.  Experts made proposals regarding treatment and therapy for intersex children.  The aim was to avoid abusive therapy. Assessments were well received by surgeons and families.

    Questions by Committee Experts

    JORGE CONTESSE, Committee Expert and Country Co-Rapporteur, asked if France planned to take measures to incorporate the complete prohibition of torture in domestic law and prevent superior orders from being used as a defence for the act. Were superiors held accountable for subordinates’ actions if they were aware of them?  It was striking that France refused to define torture in its legislation or to remove the statute of limitations on it.  Why was this?  Had there been cases in which individuals had sought to lodge torture cases after the statute of limitations had elapsed?

    In one case of a killing by police, it seemed that there was there was no immediate threat to officers when they fired on a person.  Had the concept of “imminent threat” intentionally been removed from the 2017 law?  Why had killings by police reportedly increased five-fold since the introduction of the law?  There was a large discrepancy between the number of cases of racial profiling recorded by the State and the number reported by civil society.  Why was this?

    Leaders of indigenous independence movements had reportedly been held in seclusion in New Caledonia for more than 300 days.  Was this information credible?  Why had persons who were detained in New Caledonia transferred to the mainland? Did transferred persons consent to such transfers?  Dialogue was needed to advance toward emancipation in New Caledonia.  How did the State party ensure that the best legal experts provided counsel to persons who came before asylum authorities?

    The International Criminal Court specified that Heads of State did not enjoy immunity from arrest warrants.  How did France understand its obligations to the Court?

    ABDERRAZAK ROUWANE, Committee Expert and Country Co-Rapporteur, said that the dialogue had been fruitful.  The Committee welcomed the recent survey undertaken on hate crimes conducted in 2023, which found that more than three-fifths of these crimes concerned racial discrimination.  The Committee welcomed measures adopted in the national anti-racism plan to eliminate racism; what results had been achieved by the plan?  What follow-up had the State party carried out on the Ombudsperson’s recommendations concerning medical procedures on intersex persons? The Ombudsperson had called for the prohibition of flash-ball launchers; had this been enacted?

    Other Committee Experts asked questions on reports of excessive use of physical restraints in psychiatric institutions, monitoring of such institutions, and strategies to increase the number of qualified medical personnel and prevent violence against children in them; measures to ensure that the definition of rape in the Criminal Code was in line with international standards; and steps taken to ensure the safety of lesbian, gay, bisexual, transgender and intersex persons in detention.

    Responses by the Delegation

    The delegation said the Criminal Code stated that persons were held criminally responsible for carrying out orders that were clearly unlawful.

    There was complete withdrawal of parental authority when a parent posed a risk to children. Various judicial bodies collaborated to assess cases of parental abduction and domestic violence.

    The 2017 law on internal security specified that weapons could only be used when strictly necessary and after verbal orders were given.  Police considered the imminence of danger when acting.  State figures suggested that there had been a 44 per cent increase in deaths caused by police since the adoption of the 2017 law, not a five-fold increase.

    Professional lawyers were appointed to defend asylum seekers.  It was not up to the French Government to give instructions regarding how cases of transfer from New Caledonia to the mainland were handled. The Government had been working to improve detention conditions in New Caledonia.

    Full body searches could only be used as a last resort measure.  Searches into cavities were banned.  Training on body searches was provided for prison staff.  Some 48 cases had been brought against prison staff for repeated searches.  There was an awareness raising campaign in place on promoting the rights of lesbian, gay, bisexual, transgender and intersex persons in prison.  Transgender persons were placed in vulnerable wings only as a last resort.  Reports of discrimination or sexual violence against these persons were investigated.

    There was administrative, medical and judicial oversight of psychiatric institutions. Reforms that were undertaken in 2021 ensured that authorised institutions had the necessary equipment and resources.  Doctors needed to obtain authorisation to carry out non-consensual medical procedures and there was judicial oversight of such procedures and of hospitalisations.

    The law on rape covered non-consensual contact with genitals.  In 2021, the act of ordering rape was considered a crime.

    Concluding Remarks

    ERDOGAN ISCAN, Committee Vice-Chair and acting Chair for the dialogue, expressed appreciation for the delegation’s active engagement in the constructive dialogue. The multilateral system was facing a political and financial crisis and it was important to reacknowledge the value of the United Nations Charter.  The dialogue was an essential tool for this process.  The Committee’s recommendations would aim to improve the implementation of the Convention in the State party and eliminate obstacles in this regard. It would identify three recommendations for immediate follow-up within a year.

    ISABELLE ROME, Ambassador for Human Rights, Ministry for Europe and Foreign Affairs of France and head of the delegation, thanked the Committee for the high-quality dialogue.  The Committee’s painstaking work would inspire the State party in its future endeavours.  France was a living democracy and could only move forward.  The Committee’s recommendations would be closely scrutinised by the State party, including regarding the statute of limitations. The legal reforms implemented by the State party aimed to strengthen the rights of all persons in France, including those in detention.  There was no tolerance for discrimination.  France would continue to promote the Convention and combat torture and other cruel, inhuman or degrading treatment around the world.

    ___________

    Produced by the United Nations Information Service in Geneva for use of the media; 
    not an official record. English and French versions of our releases are different as they are the product of two separate coverage teams that work independently.

     

     

    CAT25.006E

    MIL OSI United Nations News

  • MIL-OSI Banking: Training course on trade in services concludes in Geneva for WTO acceding governments

    Source: WTO

    Headline: Training course on trade in services concludes in Geneva for WTO acceding governments

    The governments represented were Azerbaijan, Bahamas, Belarus, Bhutan, Curaçao, Ethiopia, Iran, Iraq, Libya, Somalia, Turkmenistan and Uzbekistan. Participants received training on the  GATS disciplines, including how to create schedules of commitments, and how to view services from a sectoral perspective. They also learned how to develop market access offers in services in the context of bilateral market access negotiations.
    The course also covered current trends in services trade, and provided participants with an overview of the Joint Initiative on Services Domestic Regulation, launched in 2017 by a group of WTO members to streamline regulations and reduce unnecessary barriers to services trade. In addition, the course looked into cross-cutting topics, such as e-commerce and investment facilitation. Experience-sharing roundtables were also organized with selected WTO members active in accessions and with former services negotiators.
    Speaking at the closing session of the course, WTO Deputy Director-General Xiangchen Zhang emphasized the transformative potential of the WTO accession process and the importance of trade in services in this process. He noted that services negotiations can drive domestic reform and attract foreign direct investment. DDG Zhang encouraged participants to continue advancing their governments’ accession negotiations while actively engaging across all areas of the WTO’s work.
    In a fireside chat with Hamid Mamdouh, former Director of the Trade in Services and Investment Division, on the last day of the course, WTO Deputy Director-General Johanna Hill emphasized the dynamism and resilience of services trade. She noted that many recently acceded members have been outperforming most WTO members in services trade growth, GDP growth and domestic investments.
    At the opening session on 7 April, Maika Oshikawa, Director of the WTO’s Accessions Division, highlighted the value of specialized training courses the WTO Secretariat has been regularly providing since 2016 on key pillars of accession negotiations. She said that “understanding WTO disciplines and practices on trade in services is essential for preparing market access offers and conducting bilateral market access negotiations.”
    Markus Jelitto, Officer in Charge of the WTO Trade in Services and Investment Division, said: “Negotiating services in the context of WTO accession is a complex challenge — but one that holds significant potential. Services trade offers exceptional opportunities for developing economies, including those in the process of WTO accession.”
    Mondher Mimouni, Director of ITC’s Division of Market Development, stressed the importance of mastering WTO rules on services trade, especially for acceding governments. He said: “This training is a critical step toward maximizing the benefits of WTO membership.”
    Ylham Yarashov, a participant from Turkmenistan’s Ministry of Finance and Economy, said the course provided useful guidance  to support his government’s accession efforts. He stated: “The knowledge gained from this training will be applied directly because we will be beginning to build Turkmenistan’s position and preparing our offers and requests in a way that responds to both our economic interests and development priorities.”
    Another course participant, Sonam Tshering Dorji from Bhutan’s Ministry of Industry, Commerce and Employment, said: “The course provided me with deeper insights into the world of services, which are highly relevant to the work of my Ministry. It has also strengthened my ability to read and draft schedules of commitments, while offering valuable opportunities to expand my network with fellow negotiators from various acceding governments.”
    Carol Young from The Bahamas Investment Authority who also participated in the course, said: “The training highlighted the need to better align my country’s National Investment Policy with WTO principles to prepare for its accession to the Organization.”

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  • MIL-OSI Banking: Members discuss impact of AI and emerging technologies on e-commerce

    Source: World Trade Organization

    The WTO Secretariat presented to members the key findings of a report launched in November 2024 entitled “Trading with intelligence: How AI shapes and is shaped by international trade”. The report discusses how AI may shape the future of international trade by reducing trade costs, improving productivity and expanding economies’ comparative advantages.

    WTO members underscored the transformative impact of artificial intelligence on global trade and acknowledged the need to examine its impact on trade policies and development. Members highlighted that the WTO has a role to play in this area by fostering regulatory coherence and building capacity regarding AI, especially for developing economies.

    Members also spoke about the importance of AI in enhancing trade facilitation measures aimed at reducing costs and increasing efficiency in cross-border trade by streamlining customs procedures and adopting digital technologies.

    Members also highlighted the role of the WTO as a forum for discussion, exchange of best practices and collaboration with other stakeholders, including international organizations and experts, on the intersection between international trade and AI.

    The next meeting is scheduled for 15 May. It will focus on the moratorium on customs duties on electronic transmissions.

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  • MIL-OSI Asia-Pac: Government holds seminar on “United Response to US’s Unjustified Imposition of Tariffs” for HKSAR Deputies to NPC and HKSAR members of National Committee of CPPCC (with photos)

    Source: Hong Kong Government special administrative region

    ​The Government held a seminar today (April 17) at the Central Government Offices to exchange views with around 100 Hong Kong Special Administrative Region (HKSAR) deputies to the National People’s Congress (NPC) and HKSAR members of the National Committee of the Chinese People’s Political Consultative Conference (CPPCC) on the United States (US)’s unjustified imposition of tariffs. The seminar aimed to address the risks posed by the US’s bullying and barbaric actions and to unite all sectors in analysing and seizing opportunities in the new international trade order.

    The Chief Executive, Mr John Lee, stated at the seminar that the US’s recent imposition of so-called “reciprocal tariffs” on multiple countries and regions seriously violates the World Trade Organization (WTO) rules and recklessly undermines the international trade order. He pointed out that the US’s imposition of a so-called 145 per cent tariff on Hong Kong, which has zero tariffs, is full of fallacies and violates logic. The Government has repeatedly issued stern statements expressing strong disapproval and urged the US to cease disrupting free trade.

    The opinions expressed at the seminar reflected that the US Government’s bullying and unjustified imposition of tariffs is a disruption to the global trade order, severely impacting the global supply chain that many countries have worked hard to establish over the past few decades. Hong Kong will not yield and will face challenges with a firm attitude of turning crises into opportunities. In the process of restructuring global trade relations and supply chains, Hong Kong must maintain confidence, stand shoulder to shoulder with our country, grasp the emerging new order, explore new trade frontiers, safeguard economic security, and promote economic upgrading and transformation.

    The Government is fully committed to leading society in unity and co-operation, strengthening regional trade collaboration, deepening international exchanges and co-operation, exploring emerging markets, and driving the sustainable development of Hong Kong.

    As members of the country’s major institutions, HKSAR deputies to the NPC and HKSAR members of the National Committee of the CPPCC are leaders from various sectors of Hong Kong. They will leverage their influence in their respective roles, consolidate strength, and play a driving role in the “long battle” of restructuring the trade order. They will also provide advice to the Government to jointly navigate through this “long battle”.

    Also attending the seminar were the Deputy Chief Secretary for Administration, Mr Cheuk Wing-hing; the Secretary for Constitutional and Mainland Affairs, Mr Erick Tsang Kwok-wai; the Secretary for Financial Services and the Treasury, Mr Christopher Hui; the Acting Secretary for Transport and Logistics, Mr Liu Chun-san; and the Under Secretary for Commerce and Economic Development, Dr Bernard Chan.

    Under the guidance of the Chief Executive, the current-term Government has established a regular exchange mechanism with HKSAR deputies to the NPC and HKSAR members of the National Committee of the CPPCC to enhance the Government’s communication and collaboration with them. This includes exchanges and meetings on a regular and non-regular basis, seminars and exchange sessions on various issues and policies. An exchange and liaison office and an exclusive contact point for the NPC deputies and CPPCC members have also been set up to better collect their views and recommendations. The Constitutional and Mainland Affairs Bureau will continue to take forward the regular exchange mechanism for strengthening the organisation and unity of patriots with affection for the country and our city.

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  • MIL-OSI Asia-Pac: Mission Amrit Sarovar

    Source: Government of India

    Mission Amrit Sarovar

    Reviving India’s Water Heritage through Community-led Conservation

    Posted On: 17 APR 2025 5:45PM by PIB Delhi

    Introduction

    India’s water challenges have long demanded both structural and participatory interventions. Against this backdrop, the Government of India launched the Mission Amrit Sarovar in 2022 as a flagship initiative under the Azadi Ka Amrit Mahotsav. The mission aims to construct and rejuvenate 75 water bodies in each district across the country, thereby fostering water conservation, ensuring sustainability, and reviving traditional community water bodies through public participation.

    Launched with the vision of building 50,000 Amrit Sarovars by August 15, 2023, the initiative has now been extended and has become a nationwide movement converging rural development, environmental stewardship, and community empowerment. It is not merely a reservoir creation initiative—it represents the fusion of national pride, ecological restoration, and grassroots governance. In the backdrop of growing concerns regarding groundwater depletion and rural water scarcity, Mission Amrit Sarovar has emerged as a strategic response—blending tradition with modernity and institutional alignment with public mobilization.

    As on March 2025, over 68,000 Sarovars have been completed, enhancing surface and groundwater availability across various regions. Under Mahatma Gandhi NREGS, over 46,000 Sarovars were constructed/rejuvenated. These Sarovars have not only addressed immediate water needs but also established sustainable water sources, symbolizing Government’s commitment to long-term environmental sustainability and community well-being.

     

    Background and Vision

     

    Amrit Sarovars plays an important role in increasing the availability of water, both on surface and under-ground. Development of Amrit Sarovars is also an important symbol of constructive actions, dedicated to the country on the occasion of Azadi Ka Amrit Mahotsav, that create sustainable and long-term productive assets, beneficial to both the living beings and environment.

     

    The Mission Amrit Sarovar was announced on 24th April 2022 by the Prime Minister during the celebration of National Panchayati Raj Day at Palli Gram Panchayat, Samba District, Jammu. Anchored by the Ministry of Rural Development, the initiative involves seven ministries: Ministry of Rural Development, Ministry of Jal Shakti, Ministry of Panchayati Raj, Ministry of Environment, Forest & Climate Change, Ministry of Railways, Ministry of Culture and Ministry of Road Transport and Highways. This mission is also supported by the Bhaskaracharya National Institute for Space Applications and Geo-informatics (BISAG-N). This multi-stakeholder approach was intended to ensure convergence, efficiency, and participatory ownership of the initiative. The National Informatics Centre (NIC) has provided a centralized digital platformamritsarovar.gov.in—which tracks real-time progress at the granular level, ensuring transparency and enabling coordination between departments and states.

    The objective of this mission is “construction/rejuvenation of at least 75 Amrit Sarovar (ponds) in every district of the country”. Each Amrit Sarovar is designed to have a pondage area of minimum of 1 acre (0.4 hectare) with water holding capacity of about 10,000 cubic meter. Importantly, the reservoirs also serve as socio-cultural hubs—many are associated with national heroes and freedom fighters, nurturing a sense of ownership and respect.

    The mission’s core vision is to:

    • Conserve water and promote sustainable water management practices
    • Strengthen decentralized governance and empower Gram Panchayats
    • Foster employment under MGNREGA and related schemes
    • Revive traditional and cultural water structures and community participation

     

    Institutional Convergence and Implementation Mechanism

    Mission Amrit Sarovar works are being taken up by the states and districts with convergence from various ongoing schemes such as Mahatma Gandhi National Rural Employment Guarantee Scheme (Mahatma Gandhi NREGS), 15th Finance Commission Grants, Pradhan Mantri Krishi Sichayi Yojna sub-schemes such as the Watershed Development Component, Har Khet ko Pani, besides States’ own schemes.

    For the monitoring of the progress of Amrit Sarovars, following arrangements are in place at the Panchayat level:

    1. Two dedicated Prabharis for each Amrit Sarovar will be positioned i.e. Panchayat Pratinidhi and Panchayat level officer.
    2. Gram Panchayat will nominate Panchayat Pratinidhi, who will act as citizen supervisor, and will be responsible for faithful and fair execution of the Amrit Sarovar in the Panchayat while protecting the community interest.
    3. Panchayat level officer will monitor the progress and ensure faithful implementation of the mission in the panchayat while reporting the progress in the form of document, with appropriate photos and videos. 

    As per the guidelines of Mission Amrit Sarovar, effective maintenance and sustainability of Amrit Sarovars requires a formation and clear mapping of users’ groups associated with each Sarovar largely drawn from members of SHGs. A User Group is a voluntary group that operates collectively to conserve and manage the Sarovar for promoting water use efficiently. It is a representative body of user members of the Sarovar with adequate representation of women and weaker sections. Proper identification and coordination of these user groups are essential for the optimal use and upkeep of the Sarovars. The user group will also be responsible for the ongoing use and maintenance of the Amrit Sarovar including the plantation activities. The removal of silt from the catchment area should be done by the users’ groups voluntarily after every monsoon season.

     

    Different types of user groups could be formed based on the usage:

    1. Village Water and Sanitation Committee (VWSC) / Pani Samiti (Department of Drinking Water and Sanitation, GoI)
    2. Self Help Groups (NRLM)
    3. Fishermen group (Department of Fisheries, Gol)
    4. Van Samiti (Forest Department)
    5. Aquaculture practitioners
    6. Water chestnut cultivators
    7. Lotus cultivators
    8. Makhana cultivators
    9. Duckery
    10. Water for Livestock users
    11. Domestic water users
    12. Any other depending on the socio-economic importance of local lakes

     

    In order to optimize the benefit of the Amrit Sarovars and to ensure that the implementation is done in the most credible manner, latest and most relevant technologies like remote sensing and geospatial are being used extensively from site selection till its completion.

     

    Phase I (April 2022 – August 2023)

     

    Overall, the target to build 50,000 Amrit Sarovar by August 15, 2023, was achieved ahead of schedule. As of May 2023, 59,492 Amrit Sarovar were successfully completed.

    Additional to the accomplishment of the Mission target, linking Amrit Sarovar with Panchayat Pratinidhis, Panchayat level officers, user groups were the imperative aspects. About 79,080 Panchayat Pratinidhi and 92,359 Panchayat Level Officers were engaged in the Mission. About 2,203 freedom fighters, 22,993 eldest members of the panchayat, 385 family members of freedom fighters, 742 family members of martyrs and 69 Padma Awardees participated in the Mission.

    Each completed Amrit Sarovar has a common signage board stating all the details of the site including the scheme under which it was constructed and mandatory plantation of trees such as Neem, Bargadh, Peepal and any other native trees. About 23,51,331 trees were planted through the Mission out of which 5,32,124 were Neem, 3,65,791 were Peepal, 3,24,945 were Bargadh and 11,28,471 were other native trees.

     

       

     

    Phase II (Ongoing Since September 2023)

    Phase II of Mission Amrit Sarovar is envisaged to continue with a renewed focus on ensuring water availability, with community participation (Jan Bhagidaari) at its core, and aims to strengthen climate resilience, foster ecological balance, and deliver lasting benefits for future generations. A total of 3,182 sites have been identified under Phase II of the Mission, as of April 17, 2025.

     

    State-Wise Performance Highlights

    The top 5 performing states under the Mission Amrit Sarovar initiative as of March 2025, ranked by the number of Amrit Sarovars completed, are:

     

    Rank

    State

    Number of Amrit Sarovars Completed

    1

    Uttar Pradesh

    16,630

    2

    Madhya Pradesh

    5,839

    3

    Karnataka

    4,056

    4

    Rajasthan

    3,138

    5

    Maharashtra

    3,055

     

    Community Engagement and Innovative Practices

    Jan Bhagidari has been the core of this Mission and involves people’s participation at all levels. So far 65,285 user groups have been formed for each Amrit Sarovar. These user groups are fully involved during the entire process of development of an Amrit Sarovar viz feasibility assessment, execution and its utilization. To encourage mobilization of citizens and non-Government resources for supplementing the Government’s efforts to achieve the target, explicit provisions have been made in the guidelines of the Mission Amrit Sarovars as follows:

    1. Laying the foundation stone for the Amrit Sarovar to be led by freedom fighter or her/his family member or by the family of martyr (post-independence) or a local Padma awardee, and in case no such citizen is available, by the eldest member of the local Gram Panchayat.
    2. Provision for people to participate by donating construction material, benches and by Shramdaan
    3. If village community so desires, beautification works on the Sarovar site may mobilize necessary donations through crowd sourcing and Corporate Social Responsibility (CSR) contributions.
    4. Provision has been made that on the occasion of Independence Day/ Republic Day, the National Flag is to be hoisted at each Amrit Sarovar site, by the freedom fighter or his/her family member or by the family member of martyr or a local Padma Awardee. On Amrit Sarovars sites, national events are to be celebrated.
    5. Possible users of such water structure, including for irrigation, fishery or water chestnut cultivation, should be identified and creation of their group are encouraged.

    The Mission promotes the formation of user groups, particularly among farmers, fisherfolk, and local communities, to ensure optimal use of water resources for irrigation, aquaculture, and allied activities.

     

    Economic and Ecological Impact

    Mission Amrit Sarovar is boosting the rural livelihood as the completed Sarovars have been identified for the purpose of different activities such as irrigation, fisheries, duckery, cultivation of water chestnut and animal husbandry, etc. These activities are being carried out by different user groups which are linked to each Amrit Sarovar.

    The Ground Water Resources Assessment by Central Ground Water Board (CGWB), in collaboration with State Governments, shows a significant rise in groundwater recharge due to sustained conservation efforts. Recharge from tanks, ponds and water conservation structures increased from 13.98 Billion Cubic Meters (BCM) in 2017 to 25.34 BCM in 2024, reflecting the success of water conservation such as Mission Amrit Sarovar and the role of tanks, ponds & water conservation structures in sustaining groundwater levels. These Sarovars have not only addressed immediate water needs but also established sustainable water sources that can be utilised for irrigation and other purposes thereby improving agricultural productivity.

     

    Stories of Success

    1. Rejuvenation of Pond at the near Grave Yard: Andaman and Nicobar Islands

    The pond has been rejuvenated under Amrit Sarovar and is located at Satellite Basti near Graveyard under Gram Panchayat Govind Nagar, Campbell Bay, Great Nicobar. It is a community use base sarovar which directly benefits the 200 villagers. The work has provided employment to 24 households. Neem and other trees have been planted with tree guards around the sarovar. Along with this, the sarovar is also helpful for the local farmers as moisture remains in the surrounding fields and they use the sarovar water for irrigation and cattle-rearing.

     

    1. Indpe Gadrahi Pokhar: Bihar

    ​​​​​​​ In Jamui district in Bihar is situated Indpe Panchayat, where there was a pond in neglected condition. Indpe Gram Panchayat took decision to rejuvenate this pond. Rejuvenation works were taken up by Mahatma Gandhi NREGA. Thanks to the rejuvenation, this pond has got a new life with attractive look. Spread across 1.04 acres area, this sarovar has become centre of utmost attraction. It has been beautifully decorated with paver block pathway with proper sitting bench facilities. Plantation has also been done around the area of the pond. Boating facilities have also been started in this pond, which is making it unique and generating livelihood. Installation of solar tree and soar lights are giving tremendous look to this beautifully decorated Amrit Sarovar. An electronic display board has also been established here. Large number of morning walkers are getting health benefits. The Sarovar and the area across it is now most preferred choice for the children to play and enjoy. Naari Shakti Jeevika Group is using this Amrit Sarovar for carrying out the fishery activity.

     

    1. Fish Pond at Dine Dite Rijo: Arunachal Pradesh

    ​​​​​​​ Construction of Fish Pond at Dine Dite Rijo which is a controlled pond, small artificial lake or retention basin that is stocked with fish and is used in aquaculture for fish farming, for recreational fishing, or for ornamental purposes which has been taken up under Mission Amrit Sarovar. The pond is being used to raise fish for sale at a very profitable price. With proper nurturing of fish and management, harvestable food fish production has increased drastically in such a way that it has been utilised for food production. This pond has also been indispensable for livestock rearing, breeding and nurturing of various species of fishes.

     

    Conclusion

    Mission Amrit Sarovar stands as a monumental example of cooperative federalism, environmental action, and local democracy. Its blend of cultural reverence, citizen engagement, scientific design, and institutional convergence has allowed it to evolve into a Jan Andolan—a people’s movement for water security. As the nation continues into Amrit Kaal, this mission not only addresses India’s immediate water needs but also lays the foundation for a resilient, water-abundant rural future. The success of Mission Amrit Sarovar will be likely to inspire more such community-centered development models, placing people at the heart of national transformation.

     

    References

    https://amritsarovar.gov.in/

    https://ncog.gov.in/AmritSarovar/EbookAmritSarovar.pdf

    https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2101868

    https://amritsarovar.gov.in/AtaGlancePhase2

    https://ncog.gov.in/AmritSarovar/IEC-UserGroups_English.pdf

    https://sansad.in/getFile/annex/267/AU734_wedqul.pdf?source=pqars

    https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2114884

    https://pib.gov.in/PressReleseDetail.aspx?PRID=2088996

    https://sansad.in/getFile/annex/265/AU618_WCmPvE.pdf?source=pqars

    https://sansad.in/getFile/loksabhaquestions/annex/184/AU4001_53M2AW.pdf?source=pqals

    https://ncog.gov.in/AmritSarovar/Eventscelebrations_English.pdf

    https://amritsarovar.gov.in/gallery_photos_nt

    Mission Amrit Sarovar

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  • MIL-OSI Asia-Pac: Union Minister for Health & Family Welfare and Chemicals & Fertilizers Shri Jagat Prakash Nadda chairs “Manthan Shivir” organised by the Department of Chemicals & Petrochemicals in New Delhi today

    Source: Government of India

    Union Minister for Health & Family Welfare and Chemicals & Fertilizers Shri Jagat Prakash Nadda chairs “Manthan Shivir” organised by the Department of Chemicals & Petrochemicals in New Delhi today
    ​​​​​​​
    Government committed to achieving long-term, sustainable growth in the chemical sector: Shri JP Nadda

    Union Minister encourages the participants to devote time regularly on thinking innovative, out of the box ideas and solutions

    Posted On: 17 APR 2025 8:27PM by PIB Delhi

    The Department of Chemicals & Petrochemicals organised a one day “Manthan Shivir” in New Delhi today, chaired by Shri Jagat Prakash Nadda, Union Minister for Health & Family Welfare, and Chemicals & Fertilizers, Government of India, with discussions focussing on fostering long-term development of the Indian chemical and petrochemical sector.

    The recommendations emerging from discussions on all the thematic areas were presented before the Union Minister, under whose strategic insight this initiative was implemented. The Union Minister of Chemicals &Fertilizers acknowledged that the Manthan conference is a constructive platform for engaging in thoughtful and comprehensive discussions about the sector’s future.

    Shri JP Nadda congratulated the Department for organizing the Manthan Shivir and choosing topics which are of contemporary relevance to the sector. He encouraged the participants to think beyond routine administrative tasks and motivated them to devote time regularly on thinking innovative, out of the box ideas and solutions.

    Thanking the representatives of the other Ministries/ Departments for their enthusiastic participation in the deliberations, he suggested that such deliberative processes following a holistic and whole-of-Government approach should be held at regular intervals to avoid policymaking in silos and to help realise the vision of Viksit Bharat by 2047. He also added that this thought process and dialogue should be institutionalised to make it a continuous process.

    While acknowledging the challenges that remain, Shri J.P. Nadda  emphasized the collective commitment to achieving long-term, sustainable growth in the chemical sector and expressed confidence in the fact that with the right approach, India can build a more resilient and self-reliant industrial ecosystem.

    Addressing the meeting Ms. Nivedita Shukla Verma, Secretary, Department of Chemicals & Petrochemical, alluded to the critical importance of India’s chemical sector, pointing out that the industry contributes about 1.4% to GDP and accounts for almost 9% of gross value addition in manufacturing. She noted that while considerable progress has been made in terms of infrastructure development, there is need for more concerted efforts to support the development of the sector in view of ever changing geopolitical realities as well as the vision of the Government for an Atmanirbhar Bharat.

    During the day discussions were held which were centred on 6 thematic areas, viz. “Infrastructure Development; Sustainability, Recycling & Circular Economy; Trade Remedial Measures; Boosting Manufacturing Towards Viksit Bharat; Skilled Workforce & Training; and Road Map for Future Ready Plastic Industry”. Each of these topics were deliberated upon in a comprehensive manner by dedicated groups including representatives from other Ministries and Departments such as Revenue, Promotion of Industry & Internal Trade, Pharmaceuticals, Skill Development & Entrepreneurship, Science & Technology, Textiles, MSME, MoEFCC, NITI Aayog as well as organisations such as the Bureau of Indian Standards, Central Pollution Control Board, Central Institute of Petrochemicals Engineering & Technology etc.

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  • MIL-OSI Asia-Pac: Conference on Simplification of Procedures and Best Practices for E-commerce concludes (with photos)

    Source: Hong Kong Government special administrative region

    Conference on Simplification of Procedures and Best Practices for E-commerce concludes       
         This marks the first time for Hong Kong Customs to organise a large-scale A/P regional conference focusing on e-commerce, bringing together more than 200 representatives from the WCO, A/P Customs administrations, ASEAN members, and international and local industries. This Conference was also supported by the Economic and Technical Co-operation Work Programme under the ASEAN-Hong Kong, China Free Trade Agreement. 
          
         The event commenced with a ceremony officiated by the Under Secretary for Commerce and Economic Development, Dr Bernard Chan; the Commissioner of Customs and Excise, Mr Chan Tsz-tat; and the Head of Trade Facilitation Division of ASEAN Secretariat, Mr Cuong Ba Tran.

         Speaking at the commencement ceremony, Dr Chan highlighted that e-commerce is rapidly expanding across the globe, and Hong Kong is at the forefront to connect with global markets, in particular with ASEAN and other close partners in the A/P region. Noting that it is imperative for policymakers to closely collaborate with stakeholders to create a conducive environment for the healthy growth of e-commerce, he said that the Government is committed to developing Hong Kong into a cross-boundary e-commerce logistics and distribution centre, focusing on enhancing the efficiency of cross-boundary goods distribution and improving infrastructure connectivity, thereby strengthening Hong Kong’s competitiveness to position Hong Kong as a leading hub for e-commerce.Issued at HKT 18:52

    NNNN

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  • MIL-OSI Asia-Pac: MOSPI continues its endeavor to reduce timelines in release of its statistical products; Index of Industrial Production will now be released on 28th of every month reducing its release timeline from 42 days to 28 days.

    Source: Government of India

    Posted On: 17 APR 2025 4:30PM by PIB Delhi

    The Ministry of Statistics & Programme Implementation (MoSPI) is making continuous efforts to bring significant improvement in dissemination of its statistical products in sync with international best practices and timelines. MOSPI releases consumer price indices within 12 days after the end of the reference month, which is among the best globally. Similarly, survey reports of NSS are now released within 90 days of completion of fieldwork. The Calendar of release of National Accounts Statistics has been rationalized by obviating the need for the 3rdRevised Estimates of GDP. On the same lines, MOSPI now plans to release the Index of Industrial Production (IIP) within 28 days instead of 42 days.

    “From April 2025 onwards, All India Index of Industrial Production (IIP) will be released on 28th of every month at 4:00 PM within 28 days from the reference month. For a particular month IIP will be released as Quick Estimates followed by a Final Estimate.”

     The Index of Industrial Production (IIP) is a crucial short-term indicator of industrial growth in the country. The compilation and release of IIP in India commenced with base year 1937, which was successively revised to 1946, 1951, 1956, 1960, 1970, 1980-81, 1993-94, 2004-05 and 2011-12. MoSPI presently releases the monthly all India Index of Industrial Production (IIP) on the 12th of every month (previous working day if 12th is a holiday) within 42 days from the reference month.

    Currently, the Quick Estimates of a month undergo revision in subsequent releases as per the revision policy of IIP. Along with the Quick Estimates of IIP for the specific month, the indices of the previous month undergo the first revision and those for the third previous month undergo the second or final revision in the light of the updated data received from the source agencies.

    The United Nations’ International Recommendations for Index of Industrial production (IRIIP)-2010 provide that the monthly IIP be released within forty-five days after the end of the reference month. Similarly, the Special Data Dissemination Standards (SDDS) of the IMF requires that the index for any reference month should be released within six weeks from the end of that month. In accordance with these international standards in data dissemination, MOSPI has been releasing IIP indices within 42 days after the end of the reference month.

    In recent times, considering the advancement in data collection and processing technologies, there is a growing demand from stakeholders for reducing the timeline of release of IIP. Recognizing this need, MoSPI constituted a committee, in June, 2024, to examine the feasibility of reducing the timeline of release of IIP, its revision schedule, while maintaining the response rates and without compromising the quality. The committee included representatives from all the data source agencies, including the Department for Promotion of Industry and Internal Trade (DPIIT), the Indian Bureau of Mines, Department of Chemicals and Petrochemicals and others. The Committee reviewed the entire system of data collection and processing of IIP data to arrive at its recommendations.

    After due consultations with the source agencies and in keeping with stakeholders’ aspirations, it has been decided to reduce the timeline of release of IIP from 42 days to 28 days from reference month and also to do-away with second revision of IIP. Accordingly, MoSPI will henceforth release the monthly “All India Index of Industrial Production (IIP)on 28th of every month at 4:00 PM (next working day if 28th is a holiday). The Quick estimate for a specific month will undergo revision only once, in the next month as the final estimate, as per the revised revision policy. Thus, MOSPI will now release only two estimates (Quick estimate and Final estimate) of a particular month instead of the earlier practice of releasing three estimates (Quick estimates followed by a 1st Revised estimate and a 2nd Revised (final) estimate).

    In view of the above, it is informed that MoSPI will release the next IIP estimates on 28 April 2025, at 4:00 PM on the website of Press Information Bureau and Ministry’s official website (https://www.mospi.gov.in). This release will include – Quick estimates for March 2025, and the Final estimates for December 2024, January 2025 and February 2025.

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