Category: Trade

  • MIL-OSI Asia-Pac: WHO Global Traditional Medicine Centre (GTMC) in Jamnagar to emerge as a Centre of global wellness; bolster evidence-based research, training and awareness for Traditional Medicine

    Source: Government of India

    WHO Global Traditional Medicine Centre (GTMC) in Jamnagar to emerge as a Centre of global wellness; bolster evidence-based research, training and awareness for Traditional Medicine

    Central Sector Scheme (CSS) for the Promotion of International Cooperation (IC) in AYUSH to facilitate the International promotion, development and recognition of Ayush system of medicine

    Department of Integrative Medicine operationlised at Vardhman Mahavir Medical College (VMMC) & Safdarjung Hospital and Lady Hardinge Medical College, New Delhi to promote integrative healthcare

    Posted On: 28 MAR 2025 6:30PM by PIB Delhi

    The Ministry of Ayush has taken initiative for World Health Organization’s (WHO’s) Collaborative Centre for Traditional Medicines at Institute of Teaching and Research in Ayurveda (ITRA), Jamnagar and Morarji Desai National Institute of Yoga (MDNIY), New Delhi, and National Institute of Indian Medical Heritage (NIIMH), Hyderabad, a unit under Central Council for Research in Ayurvedic Sciences (CCRAS), New Delhi. ITRA is running an International Centre of Ayurveda Studies (ICAS) centre to promote Ayurveda as a key component of global healthcare systems.

    The WHO Global Traditional Medicine Centre (GTMC) in Jamnagar would emerge as a Centre of global wellness; bolster evidence-based research, training and awareness for Traditional Medicine. It will serve as a key knowledge hub for evidence-based Traditional, Complementary and Integrative Medicine (TCIM) on a global scale. This is the first and only global out posted Centre (Office) for traditional medicine across the world.

    With regard to enhance international collaboration in Ayurveda through various forums, the Ministry of Ayush has developed a Central Sector Scheme (CSS) for the Promotion of International Cooperation (IC) in Ayurveda, Yoga & Naturopathy, Unani, Siddha, Homoeopathy (AYUSH) under which the Ministry of Ayush provides support to Indian Ayush drug Manufacturers/ Ayush Service providers to give boost to the export of AYUSH products & services; facilitates the International promotion, development and recognition of Ayush system of medicine; foster interaction of stakeholders and market development of Ayush at international level; promote academics and research through the establishment of Ayush Academic Chairs in foreign countries and holding training workshop/symposiums for promoting and strengthening awareness and interest about Ayush Systems of Medicine at international level. Under various components of the CSS IC Scheme, the Ministry of Ayush supports AYUSH entrepreneurs, Ayush drug manufacturing industry, Ayush Health Care providers etc. Participation/ organization of International exhibitions/ conferences/ workshops/ seminars/ road shows/ trade fairs, etc. in India and abroad by the Ministry of Ayush through Indian Mission/ Confederation of Indian Industry (CII)/ Federation of Indian Chambers of Commerce & Industry (FICCI)/ India Trade Promotion Organization (ITPO)/ Associated Chambers of Commerce and Industry of India (ASSOCHAM)/ Pharmaceutical Export Promotion Council of India (Pharmexcil), etc.

    The Ministry of Ayush has supported various international events/ conferences/ seminars/ workshops etc. organized by various organizations including World Ayurveda Congress to enhance international collaboration in Ayurveda.

    The Ministry of Ayush has taken various steps to integrate Ayurveda with modern medical practices to address contemporary health challenges through the Directorate General of Health Services (DGHS) Ayush Vertical. The Ayush Vertical under DGHS, established by the Ministry of Ayush and Ministry of Health and Family Welfare (MoHFW), serves as a dedicated institutional mechanism for planning, monitoring, and supervising Ayush-specific public health programs. This vertical provides technical support to both Ministries in developing strategies for public health, healthcare, Ayush education, and training. The Ministry of Ayush and MoHFW have jointly established Integrated Ayush Departments in Central Government Hospitals to promote integrative healthcare. As part of this initiative, the Department of Integrative Medicine has been set up and is operational at Vardhman Mahavir Medical College (VMMC) & Safdarjung Hospital and Lady Hardinge Medical College, New Delhi.

    Central Council for Research in Ayurvedic Sciences(CCRAS), as the apex body of research in Ayurveda, has undertaken research projects on the treatment of various diseases in collaboration with modern institutions to promote the integration of Ayurveda with the modern system of medicine.

    CCRAS has undertaken various research studies to examine the benefits and feasibility of integration of Ayurveda through the following research projects for integration of Ayurveda with modern system of medicine:

    1. Operational study to explore the feasibility of integrating Ayurveda with modern system of medicine in a tertiary care hospital (Safdarjung Hospital New Delhi) for the management of Osteoarthritis (Knee). The study has been completed.
    2. Feasibility of introducing Indian System of Medicine (Ayurveda) in the National Reproductive and Child Health services at Primary Health Care (PHC) level” in Himachal Pradesh. The study has been completed.
    3. Integration of AYUSH systems in the National Programme for Prevention and Control of Cancer, Diabetes, Cardiovascular Diseases & Stroke (NPCDCS). The study has been completed.
    4. Feasibility of introducing Ayurveda Intervention in Reproductive and Child Health (RCH) in PHCs of Selected district (Gadchiroli) of Maharashtra (Effectiveness of Ayurvedic intervention for Ante-Natal care (Garbhini Paricharya) at Primary Health Care level: A Multi Centre Operational Study.
    5. Further, under the Extramural Research Programme, Indian Council of Medical Research (ICMR) and Central Council for Research in Ayurvedic Sciences (CCRAS) under Ministry of Ayush has taken an initiative to set up Ayush-ICMR Advanced Centre for Integrative Health Research (AI-ACIHR), at AIIMS to conduct research on identified areas focusing on integrative healthcare. Under this program, four research areas in four AIIMS have been identified, which are as follows:
      1. AIIMS Delhi:
        1. Advanced Centre for Integrative Health Research in Gastro-intestinal Disorders
        2. Advanced Centre for Integrative Health Research in Women and Child Health
      1. AIIMS- Jodhpur: Advanced Centre for Integrative Health Research in Geriatric Health
      2. AIIMS Nagpur: Advanced Centre for Integrative Health Research in Cancer Care
      3. AIIMS Rishikesh: Advanced Centre for Integrative Health Research in Geriatric Health.

    Institute of Teaching and Research in Ayurveda (ITRA), an autonomous body under the Ministry of Ayush encourages Post Graduate (PG) and Doctor of Philosophy (PhD) scholars and faculty researchers to collaborate with modern medical faculty to ensure Ayurveda’s efficacy and relevance in modern healthcare. Since 2019, 25 integrative researches have been undertaken.

    The Ministry of Ayush, developed the Central Sector Scheme for Promotion of International Cooperation for AYUSH (IC Scheme). The details are provided at Point (a)&(b)

    The Ministry also implements the CSS Scheme for Promotion of Information Education and Communication (IEC) in Ayush to create awareness regarding Ayush Systems of Medicine including Ayurveda, Yoga, Unani, Siddha and Homoeopathy system of medicine. This aims to reach out to all sections of the population across the country. This scheme provides assistance for organizing National/State Arogya Fairs, Yoga fests/ Utsavs, Ayurveda Parvs, etc. The Ministry also undertakes Multi-Media, Print Media Campaigns for creating awareness about Ayush Systems.

    The Ministry of Ayush, through Institute of Teaching and Research in Ayurveda (ITRA), an Institute of National Importance, organizes various public participatory programs on regular basis to increase public awareness and acceptance of Ayurvedic practices domestically.

    North Eastern Institute of Ayurveda and Homoeopathy (NEIAH) has taken various steps for health awareness among citizen in rural areas. NEIAH has opened a Peripheral Outpatient Department (OPD) in Ayurveda and Homoeopathy OPD at Smit areas, East Khasi Hills district of the State of Meghalaya to promote Ayurveda and Homoeopathy. The Institute also conducted a Health camps under the Pradhan Mantri Janjati Adivasi Nyaya Maha Abhiyan (PM-JANMAN) programmes. The Institute regularly gives free consultation in the Institute Hospitals both OPD and In-Patient Department (IPD) and conducting free Medical & Awareness Camps at Villages, schools, Govt. Dept., Military personnel and at community levels. Organized National Seminars/worships, Panel discussions, Doctor se Mileye in All India Radio, Shillong in English, Hindi and Regional Language (Khasi), TV Talks shows on Ayurveda in Doordarshan Kendra, Shillong etc.

    For increasing awareness domestically, Central Council for Research in Ayurvedic Sciences (CCRAS) provides clinical care and engages in awareness activities to promote Ayurveda through its Information Education and Communication (IEC) Activities through its networks of 30 peripheral Institutes.

    CCRAS has been engaged in popularizing the Ayurveda system among the masses through electronic and print media for common people in English, Hindi, and regional languages, which are widely distributed through National/State level Arogya melas, Health camps, exhibitions, expos, etc., and also through CCRAS outreach programs viz. Schedule Caste Sub Plan (SCSP) Research Program, Tribal Health Care Research Program (THCRP), etc., in different states of the country through its robust 30 peripheral institutes. The Council website is also generally embodied with IEC materials and hyperlinked with other important websites that provide information for wider utility.

    The Council has three journals named Journal of Drug Research in Ayurvedic Sciences (JDRAS), Journal of Research in Ayurvedic Sciences (JRAS), and Journal of Indian Medical Heritage (JIMH) which is also available electronically in the public domain free of cost to enable dissemination of the outcomes of research among the public. The CCRAS is also publishing CCRAS Bulletin quarterly for dissemination of Research outcomes in common languages for the public. So far, the Council has published books, monographs, and technical reports, and they are being sold or distributed to disseminate research outcomes and merits of Ayurveda at large.

    To increase awareness internationally, the CCRAS under the Ministry of Ayush has signed MoU/LoI/Agreements with different countries / foreign Universities/ Institutions/ organizations to promote International cooperation for the establishment of Academic Chair.

    This information was given by Union Minister of State (I/C) for Ayush, Shri Prataprao Jadhav in a written reply in Lok Sabha today.

    ***

    MV/AKS

    (Release ID: 2116329) Visitor Counter : 262

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Hong Kong Customs detects suspected gold bullion smuggling case by air worth about $110 million (with photo)

    Source: Hong Kong Government special administrative region

    Hong Kong Customs on March 25 detected a suspected air freight gold bullion smuggling case, and seized about 145 kilograms of suspected gold bullion with an estimated market value of about $110 million, at Hong Kong International Airport (HKIA). This is the largest gold bullion smuggling case detected by Customs on record in terms of the seizure volume and market value.

    Based on risk assessment, Customs on that day examined an outbound air cargo consignment, declared as carrying plastic luggage departing for Japan, at the Customs Cargo Examination Compound at HKIA. Upon inspection, Customs officers found a batch of luggage in 14 carton boxes, and a total of about 145kg of suspected smuggled gold bullion concealed therein.

    An investigation is ongoing. The likelihood of arrests is not ruled out.

    Customs will continue to take stringent enforcement actions against all kinds of smuggling activities through risk assessment and intelligence analysis.

    Smuggling is a serious offence. Under the Import and Export Ordinance, any person found guilty of importing or exporting unmanifested cargo is liable to a maximum fine of $2 million and imprisonment for seven years.
    ​
    Members of the public may report any suspected smuggling activities to Customs’ 24-hour hotline 182 8080 or its dedicated crime-reporting email account (crimereport@customs.gov.hk) or online form (eform.cefs.gov.hk/form/ced002/).

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: India-U.S. Trade Talks in New Delhi Concludes

    Source: Government of India

    India-U.S. Trade Talks in New Delhi Concludes

    Sectoral expert level engagements under the BTA to start virtually in the coming weeks

    Posted On: 29 MAR 2025 5:45PM by PIB Delhi

    As a follow up to the India-U.S. Joint Statement of 13 February 2025, wherein the two sides agreed to expand bilateral trade to reach $ 500 Billion by 2030, including through the conclusion of a Bilateral Trade Agreement, representatives of India’s Department of Commerce and the Office of the U.S. Trade Representative convened in New Delhi from 26-29 March 2025.

    In order to realize the shared objective of promoting growth that ensures fairness, national security and job creation, both sides have through four-days of discussions in New Delhi broadly come to an understanding on the next steps towards a mutually beneficial, multi-sector Bilateral Trade Agreement (BTA), with the goal to finalize its first tranche by fall 2025. Sectoral expert level engagements under the BTA will start virtually in the coming weeks and pave the path for an early negotiating round in person. During these discussions the two sides also had a productive exchange of views on deepening bilateral cooperation in priority areas including increasing market access, reducing tariff and non-tariff barriers and deepening supply chain integration in a mutually beneficial manner.

    The meeting in New Delhi follows the visit of Union Commerce and Industries Minister Shri Piyush Goyal to Washington, D.C. from 4-6 March 2025 during which he met his U.S. counterparts – U.S. Trade Representative Jamieson Greer and Commerce Secretary Howard Lutnick and subsequent video conferences between the two sides.

    The successful conclusion of the discussions reflects progress in efforts to expand India-U.S. bilateral trade and investment relations to promote prosperity, security and innovation in both the countries. These steps are designed to unlock new opportunities for businesses, drive bilateral economic integration, and reinforce the economic partnership between India and the United States.

    India and the United States expressed satisfaction with the outcomes of the meeting and reaffirmed their dedication to ongoing collaboration. Both sides look forward to building on this milestone in the coming months to finalize the BTA, ensuring it aligns with the shared goals of prosperity, resilience, and mutual benefit.

    ***

    Abhishek Dayal/Abhijith Narayanan

    (Release ID: 2116613) Visitor Counter : 3684

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: President Lai meets British Office Taipei Representative Ruth Bradley-Jones

    Source: Republic of China Taiwan

    Details
    2025-03-21
    President Lai meets Alaska Governor Mike Dunleavy
    On the morning of March 21, President Lai Ching-te met with a delegation led by Alaska Governor Mike Dunleavy. In remarks, President Lai said that Alaska has long been an important trading partner of Taiwan, and that we have built a solid foundation for cooperation in such fields as energy, fisheries, and tourism. The president expressed hope that Taiwan and Alaska will have more frequent engagement and exchanges so that our relations can continue to grow to create prosperous development for both sides. A translation of President Lai’s remarks follows: On behalf of the people of Taiwan, I extend my sincerest welcome to our guests. This is Governor Dunleavy’s first visit to Taiwan, and last night, we both attended the Hsieh Nien Fan (謝年飯) banquet hosted by the American Chamber of Commerce in Taiwan. I am delighted to have this opportunity to meet with Governor Dunleavy today at the Presidential Office for further dialogue. Alaska has long been an important trading partner of Taiwan. Our sister-state relationship was established in 1988, and we have built a solid foundation for cooperation in such fields as energy, fisheries, and tourism. Currently, Taiwan is Alaska’s eighth largest export market and ninth largest source of imports. This goes to show just how close our trade and economic ties are and how much potential there is for further growth. As I said in my remarks at last night’s Hsieh Nien Fan banquet, Taiwan is interested in buying Alaskan natural gas. I am sure that Governor Dunleavy’s visit will help us explore even more opportunities for cooperation and continue to deepen Taiwan-United States relations. In the face of such challenges as expanding authoritarianism, climate change, and pandemics, we look forward to strengthening collaboration between Taiwan and the US. By drawing on our strengths, we can jointly build non-red supply chains to bolster our economic resilience and drive the advancement of global technology. I want to thank the US government for reiterating the importance it attaches to peace and stability across the Taiwan Strait and its opposition to any attempt to change the status quo by force or coercion. These statements backing Taiwan help in maintaining stability across the Taiwan Strait and in the Indo-Pacific region. Once again, I thank Governor Dunleavy for traveling such a long way to Taiwan. We hope to see more frequent engagement and exchanges between Taiwan and Alaska so that our relations can continue to grow, and we can create prosperous development for both sides. Governor Dunleavy then delivered remarks, saying that their trip to visit friends in Taiwan has been fantastic, thanking President Lai for the invitation to meet, and thanking all the staff. Governor Dunleavy said that as the pandemic was raging, the world went from “before COVID” to “after COVID.” Before COVID, he said, the world relied on a number of systems that were in place for decades after World War II involving supply chains, alliances, sources of energy, trading partners, and friends. He went on to say that as we go beyond COVID, we are reestablishing and reevaluating who our friends are, where we are going to get our energy, and who our trading partners are going to be. The governor said that we are creating a new world for the next 50 years with the new administration in Washington, and this is an opportunity for us to reevaluate and reinvest with our friends for the next 50 years in each other, our futures, and our security. Governor Dunleavy stated that one thing is for certain: that Taiwan is a friend of the US and a friend of Alaska, and has been for many, many decades. He said that it is their hope in this trip and subsequent trips to establish an even tighter bond among their friends in Taiwan, the US, and Alaska. The governor also said that we have much in common in that we are members of the Pacific family, are democracies, and believe in freedom, free speech, and capitalism. He indicated that he has much optimism for the future, and that as we reestablish relationships throughout the world, energy is going to be the key and the basis for our economic development, our national security, and our friendship. Governor Dunleavy said that he believes this trip is going to lay the groundwork for a fantastic future between Taiwan, Alaska, and the US, and that with President Lai’s support as well as the support of the US administration, we can work together to build even better relationships.

    Details
    2025-03-20
    President Lai attends AmCham Taiwan 2025 Hsieh Nien Fan
    On the evening of March 20, President Lai Ching-te attended the annual Hsieh Nien Fan (謝年飯) banquet hosted by the American Chamber of Commerce in Taiwan (AmCham Taiwan). In remarks, President Lai pointed out that the United States is now a major source of investment in Taiwan, adding that last year US investment accounted for 11.5 percent of total foreign investment in Taiwan. The president also pointed out that the US has become Taiwan’s largest investment destination, as Taiwan’s direct and indirect investment in the US accounted for more than 40 percent of its total outbound investment last year. President Lai expressed hope that AmCham will continue to offer support in quickly resolving the issue of double taxation, further enhancing the mutually beneficial Taiwan-US economic and trade partnership. He also emphasized that one essential element for our economic prosperity is maintaining security and stability, both regionally and globally. The president expressed his belief that, so long as we coordinate our efforts, we can achieve more in our respective defense industries and build non-red supply chains, advancing peace, stability, and prosperity. A transcript of President Lai’s remarks follows: I’m delighted to be here tonight. I want to wish everyone and their families a happy, healthy, and prosperous year ahead. For many years now, AmCham has acted as a bridge between Taiwan and the US. It not only advocates for Taiwan to various sectors in the US, but also offers advice for the development of Taiwan’s industries. So tonight, I would like to express my deepest gratitude to all our friends from the American business community. The 2025 Business Climate Survey, published by AmCham this January, demonstrates the confidence foreign businesses have in the Taiwan market. We are happy to see that over 80 percent of survey respondents reported stable or increased revenue last year, and around 80 percent expressed confidence in Taiwan’s economic prospects for the coming year. Moreover, 90 percent of businesses surveyed are planning to maintain or expand their investments in Taiwan. The positive developments in Taiwan made by our American friends here tonight, their outlook for the future, and their confidence in Taiwan, are further proof of Taiwan’s ideal environment for investment. The US is now a major source of investment in Taiwan. Last year, US investment accounted for 11.5 percent of total foreign investment in Taiwan. In 2023, Entegris opened a new manufacturing facility in Kaohsiung and Micron launched a new facility in Taichung. Last year, Google further solidified Taiwan as its biggest R&D hub outside of the US by opening a new office here. AMD, Nvidia, and major cloud computing companies from the US have also been choosing Taiwan to expand their presence. Over the past several years, the US has also become Taiwan’s largest investment destination. Taiwan’s direct and indirect investment in the US accounted for more than 40 percent of our total outbound investment last year. Four years ago, TSMC’s [Taiwan Semiconductor Manufacturing Company] investment in facilities in Arizona became the biggest FDI [foreign direct investment] in a greenfield project in US history. And this month, TSMC announced it would expand that investment, breaking another record and highlighting the enduring prosperity shared by Taiwan and the US. In addition to TSMC, Taiwan’s GlobalWafers has built a 12-inch silicon wafer factory in Texas, the biggest in the US. This will be followed by many other industries. These companies are confidently expanding their global presence across the Pacific and eastward into the Americas. The US is moving to reindustrialize its manufacturing industry and consolidate high-tech leadership, as it moves to become a global AI hub. In these efforts, Taiwan is an indispensable partner for the US. While the US is a leader in chip design, Taiwan’s semiconductor manufacturing plays an irreplaceable part in the supply chain. Adapting to the changing geopolitical landscape and the coming era of smart technology, Taiwan will continue to promote its Five Trusted Industry Sectors of semiconductors, AI, military, next-gen communications, and security and surveillance. This will drive the next stage in our economic development. A great time to invest in Taiwan is now. We will continue to better connect relevant government agencies and align with international standards to foster a friendlier investment environment. And I am confident that Taiwanese and American companies can leverage their respective high-tech expertise and invest in each other, boosting growth in industrial innovation and development for both our economies. At the same time, we hope to continue deepening Taiwan-US trade relations. Last year, Taiwan was the seventh largest trading partner of the US, up one spot from the previous year, and bilateral trade grew by 24.2 percent. Taiwan is going to expand procurement from the US of industrial and agricultural products, as well as natural gas. I am very happy to welcome Governor [Mike] Dunleavy of Alaska, who has specially come all the way to Taiwan. Alaska is a source of high-quality natural gas, and its relatively short distance from Taiwan facilitates transportation. So we are very interested in buying Alaskan natural gas because it can meet our needs and ensure our energy security. We hope that AmCham will continue to offer support in quickly resolving the issue of double taxation and removing tax barriers to bilateral investment and trade, further enhancing the mutually beneficial Taiwan-US economic and trade partnership. One essential element for our economic prosperity is maintaining security and stability, both regionally and globally. So we are grateful for the joint leaders’ statement issued by [US] President [Donald] Trump and Japan’s Prime Minister Ishiba Shigeru, in which they expressed their solid support for maintaining peace and stability across the Taiwan Strait. As we face growing authoritarianism, Taiwan will continue to uphold our values of freedom and democracy and will be a responsible actor in regional and global security. Currently, Taiwan’s defense budget stands at about 2.5 percent of GDP. Going forward, the government will prioritize special budget allocations to ensure that our defense budget exceeds 3 percent of GDP. At the same time, we will continue to reform national defense, further enhancing Taiwan’s self-defense capabilities. And we will advance our cooperation with the US and other democracies in upholding regional stability and prosperity. We also welcome continued Taiwan-US cooperation in the defense sector. I believe that, so long as we coordinate our efforts, we can achieve more in our respective defense industries and build non-red supply chains, advancing peace, stability, and prosperity. In closing, I look forward to seeing even greater achievements from Taiwan-US economic and trade cooperation. Thank you. After remarks, President Lai, AmCham Chairperson Dan Silver, American Institute in Taiwan Taipei Office Director Raymond Greene, and Governor Dunleavy raised their glasses in recognition of the strong Taiwan-US friendship.  

    Details
    2025-03-18
    President Lai meets Arizona Governor Katie Hobbs  
    On the afternoon of March 18, President Lai Ching-te met with a delegation led by Arizona Governor Katie Hobbs. In remarks, President Lai said that Taiwan and Arizona enjoy close economic and trade relations, and expressed hope that through our joint efforts, Arizona will become a shining example for Taiwan-United States high-tech collaboration and the creation of non-red supply chains. The president indicated that the next goal for Taiwan and the US is the signing of an agreement for the avoidance of double taxation, which would provide greater incentives for Taiwanese businesses to invest in the US, facilitate the establishment of more comprehensive industry clusters, and generate more job opportunities, representing a win-win outcome for Taiwan-US relations. A translation of President Lai’s remarks follows: I warmly welcome you all to the Presidential Office. Governor Hobbs previously visited Taiwan after taking office in 2023. Her leading a delegation to Taiwan once again demonstrates Arizona’s continued friendship and the importance Arizona attaches to Taiwan. For this, I express my sincerest gratitude, and I welcome you again. In recent years, ties between Taiwan and Arizona have continued to expand and progress. For example, Taiwan Semiconductor Manufacturing Company (TSMC)’s investment in Arizona is the largest greenfield investment in US history. This month, TSMC announced that it would increase its investment in the US by US$100 billion. It plans to build more semiconductor fabrication and research and development facilities in greater Phoenix, transforming the area into a US semiconductor hub. Due to our close industrial engagement, we now have more than 30,000 Taiwanese living in Arizona. I would like to thank Governor Hobbs for taking care of Taiwanese businesses and people. I believe that through our joint efforts, Arizona will become a shining example for Taiwan-US high-tech collaboration and the creation of non-red supply chains. Taiwan and Arizona also enjoy close economic and trade relations. Taiwan is Arizona’s eighth largest export market and fifth largest source of imports. Last December, the first agreement under the Taiwan-US Initiative on 21st-Century Trade officially came into effect. I believe this will help further deepen our trade and economic ties. At present, the next goal for Taiwan and the US is the signing of an agreement for the avoidance of double taxation. I hope that we can work together to achieve this goal as soon as possible. This would provide greater incentives for Taiwanese businesses to invest in the US, facilitate the establishment of more comprehensive local industry clusters, and generate more job opportunities, representing a win-win outcome. With Governor Hobbs’s support, we look forward to continuing to advance Taiwan-US relations and promoting further cooperation and exchanges between Taiwan and Arizona across all domains. I understand that during this visit, you have visited many important companies and exchanged opinions with government agencies on how to strengthen bilateral relations. These efforts all go toward building an even more solid foundation for future Taiwan-US cooperation. Once again, I thank you all for supporting Taiwan and welcome you to visit us often in the future. Governor Hobbs then delivered remarks, stating that under President Lai’s leadership, Taiwan continues to thrive as a global hub for technology, innovation, and advanced manufacturing. She said that she is proud to be back in Taiwan alongside her secretary of commerce, Sandra Watson, as part of a diplomatic and economic delegation from Arizona. Since arriving, she said, they’ve hit the ground running, meeting with key partners, businesses, and leaders, noting that the takeaway from their meetings has been incredibly positive, and that they underscore the strong and enduring partnership between Arizona and Taiwan. Adding that our partnership that is built on shared values, mutual cultural appreciation, and commitment to innovation and economic growth, Governor Hobbs indicated that Arizona and Taiwan’s partnership extends back decades, as Taiwanese fighter pilots have been training at Luke Air Force Base in Phoenix since 1996. She said that we have built a strong base of collaboration across many areas, including technology, workforce, and cultural exchange, and that Arizona is even slated to get its own Din Tai Fung (鼎泰豐), which she expressed she is very thrilled about. Governor Hobbs went on to say that Arizona’s relationship with Taiwan is anchored by its ongoing partnership with TSMC and many Taiwan-based companies in semiconductor and other industries, and that TSMC’s US$165 billion investment in Arizona will help power development of the world’s most advanced technology, such as AI, and promises to cement an unbreakable bond between our two economies.  She stated that as governor, she can say with confidence that her administration is fully committed to strengthening this relationship in every way possible, because when Arizona and Taiwan succeed, we all succeed. Lastly, Governor Hobbs once again expressed gratitude to President Lai and the people of Taiwan for their warm hospitality. She then invited President Lai to Arizona to continue their productive conversations and further strengthen ties between our people and our economies, adding that she knows there is no limit to what we can achieve together, and that she is looking forward to what is to come. The delegation was accompanied to the Presidential Office by American Institute in Taiwan Taipei Office Director Raymond Greene.

    Details
    2025-03-18
    President Lai meets 2025 Yushan Forum participants
    On the afternoon of March 18, President Lai Ching-te met with participants in the 2025 Yushan Forum. In remarks, President Lai thanked the guests for gathering here in Taiwan and discussing ways to enhance regional cooperation, demonstrating that our democratic allies and friends are standing together as we take on the challenges of a new world and a new era. The president reiterated that Taiwan will continue to engage with the world, and we welcome the world to come closer to Taiwan. He stated that Taiwan will continue to work with international partners to deepen cooperation, exchanges, and partnership in various domains and resist the expansion of authoritarianism. Together, the president emphasized, we can pursue regional peace and security and realize a new vision for a free and open, stable and prosperous Indo-Pacific. A translation of President Lai’s remarks follows: I would like to begin by thanking Anders Fogh Rasmussen, former prime minister of Denmark and chairman of the Alliance of Democracies Foundation, for inviting then-President Tsai Ing-wen to address the Copenhagen Democracy Summit via video over five consecutive years since 2020, and for inviting myself to give remarks via video last year. Those opportunities allowed Taiwan to share with the world our motivation for, and our work toward, safeguarding freedom and democracy. I would also like to thank Mr. Janez Janša, former prime minister of the Republic of Slovenia, who has visited Taiwan many times already, for actively elevating the cordial ties between Taiwan and Slovenia during his term as prime minister, helping expand friendship for Taiwan throughout Europe. Today’s guests have traveled a long way to show their strong backing for Taiwan. For this, I express my deepest gratitude. Yesterday was my first time attending the Yushan Forum as president. I saw political leaders and representatives gather here in Taiwan and discuss ways to enhance regional cooperation. The event demonstrated that our democratic allies and friends are standing together as we take on the challenges of a new world and a new era. It was truly moving. As I stated at the opening ceremony, Taiwan will continue to engage with the world, and we welcome the world to come closer to Taiwan. Our government will help guide Taiwanese small- and medium-sized enterprises as they expand into the international market and extend Taiwan’s economic power. I hope that during this visit, our guests will be able to explore more opportunities for cooperation in such fields as AI, smart healthcare, and advanced technologies, and join hands in contributing to the prosperity and development of our democratic allies and friends. Taiwan will continue to work with international partners, building upon the shared values of freedom and democracy, to deepen cooperation, exchanges, and partnership in various domains and resist the expansion of authoritarianism. Together, we can pursue regional peace and security and realize a new vision for a free and open, stable and prosperous Indo-Pacific. And I hope, with the assistance of our guests here today, that we can further strengthen the ties between Taiwan and Europe so that we can all take up the work of maintaining global peace and stability. Once again, I welcome our guests to Taiwan. I look forward to hearing your thoughts in a few moments. I also hope you will visit Taiwan often in the future and continue to experience our vibrant democratic society and culture. Chairman Rasmussen then delivered remarks, saying that it is a great pleasure to be back here in Taipei after meeting with President Lai in 2023. He then thanked President Lai for the Taiwanese hospitality on behalf of the Yushan Forum international visitors and participants, who represent four continents and very different political parties but who are united by one thing – the commitment to democracy. Chairman Rasmussen mentioned that over the past few days, they have met with members of the government, legislature, and civil society in Taiwan. He said that he is more convinced than ever that in a very uncertain world, Taiwan continues to stand as a beacon of democracy, from which people in Europe and in the rest of the world have a lot to learn. Over the past eight years, he has been proud to step up his engagement with Taiwan, he said, as he has always subscribed to the view that freedom must advance everywhere, or else it is in decline everywhere. Chairman Rasmussen noted that they have many interests in making sure Taiwan remains free and that we must always stand up for freedom when it is under assault by a dictator. This is why Ukraine’s fight is also everyone’s fight, he explained. He then praised Taiwan for all of the support it has given to Ukraine since Russia’s invasion and honored the two Taiwanese volunteer soldiers who gave their lives for freedom in Ukraine. Chairman Rasmussen remarked that Taiwan is a strong feature of the Copenhagen Democracy Summit that he convenes each year. His foundation, the Alliance of Democracies, has even been sanctioned by the Chinese government due to its support of Taiwan, he said, which is something he takes as a badge of honor. He added that this year’s Copenhagen Democracy Summit in May will be no different, as they plan to focus on the new world order, urgent measures to strengthen Europe’s military, and the situation in Ukraine. But as the United States pulls back from the transatlantic alliance and Europe focuses more on its own defense, he said, Europe should not retreat from the world. He added that to ensure European security, we need more Europe in the Indo-Pacific, and that is why he has been making the argument for more political and economic cooperation with Taiwan. Chairman Rasmussen praised President Lai’s recent decision to increase Taiwan’s national defense budget to more than 3 percent of GDP, adding that it is important that each nation does what it can for its own defense. The chairman once again thanked President Lai for meeting with them today and for the opportunity to visit Taiwan, a beacon of democracy and liberty in Asia. Also in attendance at the meeting were Chairman of the Czech Senate Committee on Foreign Affairs, Defence and Security Pavel Fischer; Member of the National Security Advisory Board to India’s National Security Council Anshuman Tripathi; former Minister of Foreign Affairs of Poland Anna Fotyga; former Minister of Health of Canada Tony Clement; and former Vice-Minister of Foreign Affairs of the Republic of Lithuania and current Secretary General of the Polish-based Community of Democracies Mantas Adomėnas.

    Details
    2025-03-18
    President Lai meets delegation led by Minister of Foreign Affairs Denzil Douglas of Saint Christopher and Nevis
    On the afternoon of March 18, President Lai Ching-te met with a delegation led by Minister of Foreign Affairs Denzil Douglas of the Federation of Saint Christopher and Nevis. In remarks, President Lai thanked St. Kitts and Nevis for speaking up for Taiwan at major international venues and supporting Taiwan’s international participation. The president expressed hope that our two countries continue to achieve remarkable results through cooperation in such fields as education and training, agricultural development, women’s empowerment, and environmental sustainability, and create even greater well-being for our peoples. A translation of President Lai’s remarks follows: I welcome Minister Douglas and our esteemed guests to Taiwan. Last June, Minister Douglas accompanied Prime Minister Terrance Drew and his wife on their trip to Taiwan. I am delighted to be able to meet and exchange views with Minister Douglas again less than one year later. Your presence fully demonstrates the profound bond between Taiwan and St. Kitts and Nevis. I look forward to the further deepening of our partnership through our exchanges during this visit. Although our two nations are separated by a great distance, we share such universal values as democracy, freedom, and respect for human rights. We also continue to achieve remarkable results through cooperation in such fields as education and training, agricultural development, women’s empowerment, and environmental sustainability. Given that Prime Minister Drew, Minister Douglas, and I all share medical backgrounds, we deeply understand the importance of people’s health. I thus look forward to St. Kitts and Nevis’s climate-smart JNF General Hospital commencing operations as soon as possible thanks to our cooperation. The provision of even higher-quality public health and medical services will yield benefits for many more people. I also believe that by having Taiwan share its experiences in renewable energy and energy-saving technologies, our two countries will jointly drive green industrial transformation and stimulate sustainable development together. I would like to take this opportunity to thank St. Kitts and Nevis for actively speaking up for Taiwan and supporting Taiwan’s participation at such major international venues and organizations as the United Nations General Assembly, the World Health Organization, and the International Civil Aviation Organization. In the future, Taiwan will continue to make critical contributions to the international community. With the support of Minister Douglas and our guests, I look forward to our two countries backing each other on the global stage and continuing to build an even stronger foundation for bilateral cooperation. Let us work together to address the various challenges we face and create even greater well-being for our peoples. Minister Douglas then delivered remarks, first conveying greetings from Prime Minister Drew to President Lai, the government, and the people of Taiwan. He then stated that over the last 41 years since the dawn of their nationhood, the Republic of China Taiwan has steadfastly walked beside St. Kitts and Nevis as a strong and immovable partner. As we reflect on four decades of our journey together, he said, we recognize the unswerving and unwavering spirit that has guided both our nations through trials and challenges. The minister then acknowledged the generous support of Taiwan’s government that has helped St. Kitts and Nevis in its own economic and social development. He went on to say that Taiwan’s partnership with St. Kitts and Nevis has been instrumental in helping them achieve the goals of their sustainable island state agenda. Whether in enhancing food security through the diversification of their agricultural sector, fostering clean energy solutions through the solar PV farm, or advancing healthcare through assistance in building their smart hospital, he said, Taiwan has been a steadfast partner in shaping a much more resilient and sustainable future for the people of their federation. In the spirit of reciprocity and solidarity, Minister Douglas said, St. Kitts and Nevis continues to leverage opportunities on the global stage to request incessantly that Taiwan be given its rightful place in international organizations, where it can make a meaningful contribution to resolving the world’s most critical issues. Minister Douglas indicated that the global challenges we face today demand collective action, and that Taiwan has the innovation, the technology, the knowledge, and the expertise to make a tremendous positive impact on some of the world’s most urgent issues. He said that St. Kitts and Nevis will never grow weary in their own support, but shall continue to sound the clarion call of “let Taiwan in,” as well as advocate for peace to be maintained in the Taiwan Strait. To close, Minister Douglas expressed gratitude for the warm hospitality bestowed upon him and his delegation by Taiwan’s government, remarking that the engagements they had thus far were pregnant with promise, and that they are confident in witnessing a fruitful outcome as we work together to build a prosperous and sustainable future for our peoples. The delegation also included Permanent Secretary in the Ministry of Foreign Affairs Kaye Bass, Permanent Secretary of Economic Development and Investment Adina Richards, and Director in the Ministry of International Trade Sean Lawrence. The delegation was accompanied to the Presidential Office by St. Kitts and Nevis Ambassador Donya L. Francis.

    Details
    2025-03-13
    President Lai holds press conference following high-level national security meeting
    On the afternoon of March 13, President Lai Ching-te convened a high-level national security meeting, following which he held a press conference. In remarks, President Lai introduced 17 major strategies to respond to five major national security and united front threats Taiwan now faces: China’s threat to national sovereignty, its threats from infiltration and espionage activities targeting Taiwan’s military, its threats aimed at obscuring the national identity of the people of Taiwan, its threats from united front infiltration into Taiwanese society through cross-strait exchanges, and its threats from using “integrated development” to attract Taiwanese businesspeople and youth. President Lai emphasized that in the face of increasingly severe threats, the government will not stop doing its utmost to ensure that our national sovereignty is not infringed upon, and expressed hope that all citizens unite in solidarity to resist being divided. The president also expressed hope that citizens work together to increase media literacy, organize and participate in civic education activities, promptly expose concerted united front efforts, and refuse to participate in any activities that sacrifice national interests. As long as every citizen plays their part toward our nation’s goals for prosperity and security, he said, and as long as we work together, nothing can defeat us. A translation of President Lai’s remarks follows: At many venues recently, a number of citizens have expressed similar concerns to me. They have noticed cases in which members of the military, both active-duty and retired, have been bought out by China, sold intelligence, or even organized armed forces with plans to harm their own nation and its citizens. They have noticed cases in which entertainers willingly followed instructions from Beijing to claim that their country is not a country, all for the sake of personal career interests. They have noticed how messaging used by Chinese state media to stir up internal opposition in Taiwan is always quickly spread by specific channels. There have even been individuals making careers out of helping Chinese state media record united front content, spreading a message that democracy is useless and promoting skepticism toward the United States and the military to sow division and opposition. Many people worry that our country, as well as our hard-won freedom and democracy and the prosperity and progress we achieved together, are being washed away bit by bit due to these united front tactics. In an analysis of China’s united front, renowned strategic scholar Kerry K. Gershaneck expressed that China plans to divide and conquer us through subversion, infiltration, and acquisition of media, and by launching media warfare, psychological warfare, and legal warfare. What they are trying to do is to sow seeds of discord in our society, keep us occupied with internal conflicts, and cause us to ignore the real threat from outside. China’s ambition over the past several decades to annex Taiwan and stamp out the Republic of China has not changed for even a day. It continues to pursue political and military intimidation, and its united front infiltration of Taiwan’s society grows ever more serious. In 2005, China promulgated its so-called “Anti-Secession Law,” which makes using military force to annex Taiwan a national undertaking. Last June, China issued a 22-point set of “guidelines for punishing Taiwan independence separatists,” which regards all those who do not accept that “Taiwan is part of the People’s Republic of China” as targets for punishment, creating excuses to harm the people of Taiwan. China has also recently been distorting United Nations General Assembly Resolution 2758, showing in all aspects China’s increasingly urgent threat against Taiwan’s sovereignty. Lately, China has been taking advantage of democratic Taiwan’s freedom, diversity, and openness to recruit gangs, the media, commentators, political parties, and even active-duty and retired members of the armed forces and police to carry out actions to divide, destroy, and subvert us from within. A report from the National Security Bureau indicates that 64 persons were charged last year with suspicion of spying for China, which was three times the number of persons charged for the same offense in 2021. Among them, the Unionist Party, Rehabilitation Alliance Party, and Republic of China Taiwan Military Government formed treasonous organizations to deploy armed forces for China. In a democratic and free society, such cases are appalling. But this is something that actually exists within Taiwan’s society today. China also actively plots ways to infiltrate and spy on our military. Last year, 28 active-duty and 15 retired members of the armed forces were charged with suspicion of involvement in spying for China, respectively comprising 43 percent and 23 percent of all of such cases – 66 percent in total. We are also alert to the fact that China has recently used widespread issuance of Chinese passports to entice Taiwanese citizens to apply for the Residence Permit for Taiwan Residents, permanent residency, or the Resident Identity Card, in an attempt to muddle Taiwanese people’s sense of national identity. China also views cross-strait exchanges as a channel for its united front against Taiwan, marking enemies in Taiwan internally, creating internal divisions, and weakening our sense of who the enemy really is. It intends to weaken public authority and create the illusion that China is “governing” Taiwan, thereby expanding its influence within Taiwan. We are also aware that China has continued to expand its strategy of integrated development with Taiwan. It employs various methods to demand and coerce Taiwanese businesses to increase their investments in China, entice Taiwanese youth to develop their careers in China, and unscrupulously seeks to poach Taiwan’s talent and steal key technologies. Such methods impact our economic security and greatly increase the risk of our young people heading to China. By its actions, China already satisfies the definition of a “foreign hostile force” as provided in the Anti-Infiltration Act. We have no choice but to take even more proactive measures, which is my purpose in convening this high-level national security meeting today. It is time we adopt proper preventive measures, enhance our democratic resilience and national security, and protect our cherished free and democratic way of life. Next, I will be giving a detailed account of the five major national security and united front threats Taiwan now faces and the 17 major strategies we have prepared in response. I. Responding to China’s threats to our national sovereignty We have a nation insofar as we have sovereignty, and we have the Republic of China insofar as we have Taiwan. Just as I said during my inaugural address last May, and in my National Day address last October: The moment when Taiwan’s first democratically elected president took the oath of office in 1996 sent a message to the international community, that Taiwan is a sovereign, independent, democratic nation. Among people here and in the international community, some call this land the Republic of China, some call it Taiwan, and some, the Republic of China Taiwan. The Republic of China and the People’s Republic of China are not subordinate to each other, and Taiwan resists any annexation or encroachment upon our sovereignty. The future of the Republic of China Taiwan must be decided by its 23 million people. This is the status quo that we must maintain. The broadest consensus in Taiwanese society is that we must defend our sovereignty, uphold our free and democratic way of life, and resolutely oppose annexation of Taiwan by China. (1) I request that the National Security Council (NSC), the Ministry of National Defense (MND), and the administrative team do their utmost to promote the Four Pillars of Peace action plan to demonstrate the people’s broad consensus and firm resolve, consistent across the entirety of our nation, to oppose annexation of Taiwan by China. (2) I request that the NSC and the Ministry of Foreign Affairs draft an action plan that will, through collaboration with our friends and allies, convey to the world our national will and broad social consensus in opposing annexation of Taiwan by China and in countering China’s efforts to erase Taiwan from the international community and downgrade Taiwan’s sovereignty. II. Responding to China’s threats from infiltration and espionage activities targeting our military (1) Comprehensively review and amend our Law of Military Trial to restore the military trial system, allowing military judges to return to the frontline and collaborate with prosecutorial, investigative, and judicial authorities in the handling of criminal cases in which active-duty military personnel are suspected of involvement in such military crimes as sedition, aiding the enemy, leaking confidential information, dereliction of duty, or disobedience. In the future, criminal cases involving active-duty military personnel who are suspected of violating the Criminal Code of the Armed Forces will be tried by a military court. (2) Implement supporting reforms, including the establishment of a personnel management act for military judges and separate organization acts for military courts and military prosecutors’ offices. Once planning and discussion are completed, the MND will fully explain to and communicate with the public to ensure that the restoration of the military trial system gains the trust and full support of society. (3) To deter the various types of controversial rhetoric and behavior exhibited by active-duty as well as retired military personnel that severely damage the morale of our national military, the MND must discuss and propose an addition to the Criminal Code of the Armed Forces on penalties for expressions of loyalty to the enemy as well as revise the regulations for military personnel and their families receiving retirement benefits, so as to uphold military discipline. III. Responding to China’s threats aimed at obscuring the national identity of the people of Taiwan (1) I request that the Ministry of the Interior (MOI), Mainland Affairs Council (MAC), and other relevant agencies, wherever necessary, carry out inspections and management of the documents involving identification that Taiwanese citizens apply for in China, including: passports, ID cards, permanent residence certificates, and residence certificates, especially when the applicants are military personnel, civil servants, or public school educators, who have an obligation of loyalty to Taiwan. This will be done to strictly prevent and deter united front operations, which are performed by China under the guise of “integrated development,” that attempt to distort our people’s national identity. (2) With respect to naturalization and integration of individuals from China, Hong Kong, and Macau into Taiwanese society, more national security considerations must be taken into account while also attending to Taiwan’s social development and individual rights: Chinese nationals applying for permanent residency in Taiwan must, in accordance with the law of Taiwan, relinquish their existing household registration and passport and may not hold dual identity status. As for the systems in place to process individuals from Hong Kong or Macau applying for residency or permanent residency in Taiwan, there will be additional provisions for long-term residency to meet practical needs. IV. Responding to China’s threats from united front infiltration into Taiwanese society through cross-strait exchanges  (1) There are increasing risks involved with travel to China. (From January 1, 2024 to today, the MAC has received reports of 71 Taiwanese nationals who went missing, were detained, interrogated, or imprisoned in China; the number of unreported people who have been subjected to such treatment may be several times that. Of those, three elderly I-Kuan Tao members were detained in China in December of last year and have not yet been released.) In light of this, relevant agencies must raise public awareness of those risks, continue enhancing public communication, and implement various registration systems to reduce the potential for accidents and the risks associated with traveling to China. (2) Implement a disclosure system for exchanges with China involving public officials at all levels of the central and local government. This includes everyone from administrative officials to elected representatives, from legislators to village and neighborhood chiefs, all of whom should make the information related to such exchanges both public and transparent so that they can be accountable to the people. The MOI should also establish a disclosure system for exchanges with China involving public welfare organizations, such as religious groups, in order to prevent China’s interference and united front activities at their outset. (3) Manage the risks associated with individuals from China engaging in exchanges with Taiwan: Review and approval of Chinese individuals coming to Taiwan should be limited to normal cross-strait exchanges and official interactions under the principles of parity and dignity, and relevant factors such as changes in the cross-strait situation should be taken into consideration. Strict restrictions should be placed on Chinese individuals who have histories with the united front coming to Taiwan, and Chinese individuals should be prohibited from coming to Taiwan to conduct activities related in any way to the united front. (4) Political interference from China and the resulting risks to national security should be avoided in cross-strait exchanges. This includes the review and management of religious, cultural, academic, and education exchanges, which should in principle be depoliticized and de-risked so as to simplify people-to-people exchanges and promote healthy and orderly exchanges. (5) To deter the united front tactics of a cultural nature employed by Chinese nationals to undermine Taiwan’s sovereignty, the Executive Yuan must formulate a solution to make our local cultural industries more competitive, including enhanced support and incentives for our film, television, and cultural and creative industries to boost their strengths in democratic cultural creation, raise international competitiveness, and encourage research in Taiwan’s own history and culture. (6) Strengthen guidance and management for entertainers developing their careers in China. The competent authorities should provide entertainers with guidelines on conduct while working in China, and make clear the scope of investigation and response to conduct that endangers national dignity. This will help prevent China from pressuring Taiwanese entertainers to make statements or act in ways that endanger national dignity. (7) The relevant authorities must adopt proactive, effective measures to prevent China from engaging in cognitive warfare against Taiwan or endangering cybersecurity through the internet, applications, AI, and other such tools. (8) To implement these measures, each competent authority must run a comprehensive review of the relevant administrative ordinances, measures, and interpretations, and complete the relevant regulations for legal enforcement. Should there be any shortcomings, the legal framework for national security should be strengthened and amendments to the National Security Act, Anti-Infiltration Act, Act Governing Relations between the People of the Taiwan Area and the Mainland Area, Laws and Regulations Regarding Hong Kong & Macao Affairs, or Cyber Security Management Act should be proposed. Communication with the public should also be increased so that implementation can happen as soon as possible. V. Responding to threats from China using “integrated development” to attract Taiwanese businesspeople and youth (1) I request that the NSC and administrative agencies work together to carry out strategic structural adjustments to the economic and trade relations between Taiwan and China based on the strategies of putting Taiwan first and expanding our global presence while staying rooted in Taiwan. In addition, they should carry out necessary, orderly adjustments to the flow of talent, goods, money, and skills involved in cross-strait economic and trade relations based on the principle of strengthening Taiwan’s foundations to better manage risk. This will help boost economic security and give us more power to respond to China’s economic and trade united front and economic coercion against Taiwan. (2) I request that the Ministry of Education, MAC, Ministry of Economic Affairs, and other relevant agencies work together to comprehensively strengthen young students’ literacy education on China and deepen their understanding of cross-strait exchanges. I also request these agencies to widely publicize mechanisms for employment and entrepreneurship for Taiwan’s youth and provide ample information and assistance so that young students have more confidence in the nation’s future and more actively invest in building up and developing Taiwan. My fellow citizens, this year marks the 80th anniversary of the end of the Second World War. History tells us that any authoritarian act of aggression or annexation will ultimately end in failure. The only way we can safeguard freedom and prevail against authoritarian aggression is through solidarity. As we face increasingly severe threats, the government will not stop doing its utmost to ensure that our national sovereignty is not infringed upon, and to ensure that the freedom, democracy, and way of life of Taiwan’s 23 million people continues on as normal. But relying solely on the power of the government is not enough. What we need even more is for all citizens to stay vigilant and take action. Every citizen stands on the frontline of the defense of democracy and freedom. Here is what we can do together: First, we can increase our media literacy, and refrain from spreading and passing on united front messaging from the Chinese state. Second, we can organize and participate in civic education activities to increase our knowledge about united front operations and build up whole-of-society defense resilience. Third, we can promptly expose concerted united front efforts so that all malicious attempts are difficult to carry out. Fourth, we must refuse to participate in any activities that sacrifice national interests. The vigilance and action of every citizen forms the strongest line of defense against united front infiltration. Only through solidarity can we resist being divided. As long as every citizen plays their part toward our nation’s goals for prosperity and security, and as long as we work together, nothing can defeat us.

    MIL OSI Asia Pacific News

  • MIL-OSI New Zealand: Infrastructure Minister to visit Singapore

    Source: New Zealand Government

    Infrastructure and Transport Minister Chris Bishop will travel to Singapore this week to build on the momentum from the NZ Infrastructure Investment Summit and show New Zealand is ‘open for business’.
    “The NZ Infrastructure Investment Summit was a real success, with huge interest from around the world in investing in New Zealand,” says Mr Bishop. 
    “In Singapore I will meet with a range of pension funds and investment companies, including Temasek and GIC, to talk about New Zealand’s infrastructure pipeline and government reforms to welcome international investment.
    “New Zealand infrastructure company Morrison is expanding their office in Singapore and it will be a pleasure to formally launch their new office. As one of the world’s largest specialist infrastructure managers, Morrison is a real New Zealand success story.
    “Singapore is one of our most important partners in Southeast Asia, and one of our largest sources of foreign investment. This year marks the 60th anniversary of diplomatic relations between New Zealand and Singapore, a significant milestone that underscores the depth and strength of our partnership.
    “I will also meet with Minister Grace Fu, Singapore’s Minister for Sustainability and the Environment and Minister-in-charge of Trade Relations, to discuss renewable energy, resilient infrastructure, and infrastructure investment.
    “We have a lot to learn from Singapore, particularly around transport and infrastructure and I am looking forward to meetings to discuss rapid transit, public housing, and port development.”
    Mr Bishop leaves for Singapore on Sunday 30 March and is due to return on Thursday 3 April.

    MIL OSI New Zealand News

  • MIL-OSI: BexBack Launches 100x Leverage, Double Deposit Bonus, and $50 Welcome Bonus — No KYC Required

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, March 29, 2025 (GLOBE NEWSWIRE) — As crypto markets remain volatile, BexBack is empowering traders with 100x leverage, no KYC, and a 100% deposit bonus to maximize returns. Whether you’re a seasoned pro or just starting, BexBack offers exceptional opportunities for profitable trading.

    Why Trade with 100x Leverage on BexBack?

    • Amplified Profits: Control larger positions with smaller capital.
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    What is 100x Leverage and How Does It Work?

    With 100x leverage, a 1 BTC position can control 100 BTC. For example, if Bitcoin rises from $100,000 to $105,000, your profit would be 5 BTC, giving you a 500% return.

    100% Deposit Bonus

    Double your funds instantly with 100% deposit bonus — available on all deposits greater than 0.001 BTC or 100 USDT. Use the bonus to open larger positions and increase profits.

    About BexBack

    BexBack is a leading cryptocurrency derivatives platform offering 100x leverage on BTC, ETH, SOL, XRP, and other popular cryptos. Headquartered in Singapore, BexBack serves over 500,000 traders globally, providing fast execution, no deposit fees, and 24/7 customer support.

    BexBack is a US MSB (Money Services Business) licensed platform, trusted by traders in over 200 countries, including the US, Canada, and Europe.

    Why Choose BexBack?

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    business@bexback.com

    Disclaimer: This press release is provided by BexBack. 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.

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    The MIL Network

  • MIL-OSI Video: Norway Leads EV Transition & Turning Textile Waste Into New Fabrics | WEF | Top Stories Week

    Source: World Economic Forum (video statements)

    This week’s top stories of the week include:

    0:15 Beavers return to England’s wild – Wild beavers were hunted to extinction in England 400 years ago. But 2 beavers were spotted at Little Sea in January 2024. That paved the way for this licensed release by the National Trust, which called it ‘a watershed moment in the history of the species’. Beavers are regarded as ‘ecosystem engineers’ as they build habitats, they can restore native woodland and create new wetlands.

    2:13 Indigenous Peoples are reshaping trade – In 2021, four Asia-Pacific economies initiated a deal to promote trade between different Indigenous communities, help them to trade internationally and support them in protecting their cultural heritage and traditional knowledge. It’s called the Indigenous Peoples Economic and Trade Cooperation Arrangement (IPETCA).

    5:52 Norway leads the charge in EV transition – EVs made up 95% of all new cars sold in Norway in February 2025. The overall figure for 2024 was 89%, up from 82% in 2023. Norway wants 100% of new cars to be electric by the end of 2025. These latest figures suggest the country could hit its target. So how has Norway done this?

    7:26 Turning textile waste into new fabrics – At present, used clothing is typically resold and reworn, not recycled. There is no large-scale process for breaking down material fibres so they can be made into new garments. Evrnu is working on a solution. It collects fabrics with a high cotton content. It sorts and shreds them, then liquefies them into pulp which can be shaped into fibres and woven or knitted into new fabrics.

    _____________________________________________

    The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.

    World Economic Forum Website ► http://www.weforum.org/
    Facebook ► https://www.facebook.com/worldeconomicforum/
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    Flipboard ► https://flipboard.com/@WEF

    #WorldEconomicForum

    https://www.youtube.com/watch?v=_8hC-ek9U94

    MIL OSI Video

  • MIL-OSI: ForexIGO by Avenix Fzco Enhances Automated Trading with Dual-Asset Precision

    Source: GlobeNewswire (MIL-OSI)

    LIMASSOL, CYPRUS, March 29, 2025 (GLOBE NEWSWIRE) — Avenix Fzco has unveiled ForexIGO, an advanced multi-market trading bot designed to automate strategies for both gold (XAUUSD) and the British pound against the US dollar (GBPUSD), offering traders a streamlined approach to diversification. Automated trading has come a long way, versatility matters more than ever. Traders are increasingly looking beyond single-market bots and toward solutions that can handle multiple assets at once. This shift has sparked growing interest in multi-market trading bots – systems designed to navigate different markets simultaneously, spreading risk and boosting opportunity. One such tool is ForexIGO, developed by Avenix Fzco, which brings together smart automation for both gold (XAUUSD) and the British pound against the US dollar (GBPUSD).

    Why Multi-Market Trading Bots Are Gaining Ground

    Traditional trading bots often zeroed in on a single market or asset. Today, though, financial markets move fast and unpredictably, pushing the rise of bots that can handle multiple asset classes. This approach helps traders spread risk and seize opportunities across a wider landscape, less reliance on one market, more room to adapt.

    Dual-Asset Focus with Practical Precision

    ForexIGO is carefully crafted to trade both XAUUSD and GBPUSD on the M30 timeframe. This dual-asset focus gives traders the ability to shift between markets based on conditions or strategy, offering greater control and the potential for stronger returns. It’s a practical way to diversify without overcomplicating the process.

    How ForexIGO Makes It Work

    It stands out for its smart market analysis, decoding price action, indicators, and candlestick patterns like bullish or bearish engulfing to deliver clear, confident trade signals.

    Built-In Risk Controls for Real-World Markets

    Capital preservation remains central to ForexIGO’s strategy. Stop-loss and take-profit ratios are tailored to each market: for gold, the take profit is set at 1.5 times the stop loss, striking a thoughtful balance. For GBPUSD, it opts for a 1:1 ratio, tailored to the pair’s dynamics. This structured approach maximizes potential gains while keeping losses in check.

    Smart Limits and Continuous Monitoring

    To prevent overexposure, ForexIGO limits active positions, handling one gold position at a time and up to four concurrent GBP/USD trades. Its 24/5 monitoring ensures it remains alert across market sessions, offering consistent oversight without requiring the trader to be glued to a screen.

    Looking Ahead

    As traders move toward diversification and smarter automation, tools like ForexIGO offer a balanced, hands-on approach to navigating complex markets, without adding extra complexity.

    About ForexIGO

    ForexIGO delivers cutting-edge trading solutions, empowering traders to navigate the complexities of Gold and GBP/USD markets with precision. Backed by a team of market experts and algorithmic specialists, ForexIGO continuously evolves, leveraging innovation to provide a competitive edge. Learn more at https://forexigo.com/.

    Media contact

    Brand: ForexIGO

    Contact: PR team

    Email: support@forexigo.com

    Website: https://forexigo.com/

    The MIL Network

  • MIL-OSI Russia: The State University of Management outlined vectors of cooperation with DonNUET

    Translartion. Region: Russians Fedetion –

    Source: State University of Management – Official website of the State –

    A business meeting was held at the State University of Management between the Vice-Rector of the State University of Management Maria Karelina and the Vice-Rector for Science of the Donetsk National State University of Economics and Trade named after Mikhail Tugan-Baranovsky Elena Azaryan.

    The main objective of the meeting was to discuss issues of scientific cooperation and educational initiatives aimed at strengthening ties between the two universities. During the dialogue, important topics were raised concerning the implementation of joint research projects and the organization of inter-university events.

    Following the negotiations, a decision was made to organize a series of scientific events aimed at exchanging experience and knowledge among students and teachers of both universities. An order was given to develop a list of events and prepare a memorandum of cooperation that will open up new prospects for the development of academic mobility and joint scientific research.

    The vice-rectors expressed satisfaction with the results achieved and noted the high level of mutual understanding, which will allow both parties to move forward within the framework of further strategic partnership.

    Subscribe to the TG channel “Our GUU” Date of publication: 03/29/2025

    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 China: Shanghai attracts more foreign financial firms

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

    The growing presence of more international industry leaders serves as a snapshot of Shanghai’s continued efforts to open up its financial market and bring its financial capacity to the next level.

    A new Memorandum of Understanding signed between the Shanghai municipal government and the City of London Corp on March 20, is the latest example. The MoU, valid until 2028, continues the financial cooperation that started between the two cities approximately four decades ago.

    Alderman Alastair King, Lord Mayor of the City of London, said at the signing ceremony that there is vast room for cooperation between the two cities especially in areas of digital finance, green finance and offshore renminbi.

    With its China operations registered in Shanghai’s Pudong New Area in March 2024, London-headquartered Aspect Capital believes that there are a lot of opportunities as Chinese people upgrade their wealth management needs and more financial innovations drive the ongoing technology advancement in China, according to Lin Han, general manager of Aspect Capital in China.

    As one of the 10 largest commodity trading adviser managers in the world, Aspect Capital now manages about $9 billion of assets.

    On Dec 13, Aspect Capital (China) Ltd completed its registration as a private fund manager with the Asset Management Association of China. The UK CTA manager was the only wholly foreign-owned PFM approved for registration throughout 2024.

    Rapid progress has been made ever since. Aspect China released its first PFM product in January and completed registration of two other products one month later. The company has also submitted its application to become a Qualified Domestic Limited Partner.

    Planning to step up investment in China, Aspect China will expand its local team, apply for more business qualifications and seek strategic cooperation with Chinese domestic financial service providers, said Lin.

    BNP Paribas Securities China’s office registered in Pudong was officially opened on March 19. With its application submitted to the China Securities Regulatory Commission, the country’s top securities watchdog, in April 2021, it obtained approval in April 2024, marking the fourth wholly foreign-owned securities brokerage to be registered in China.

    BNP Paribas Securities China’s businesses now include securities brokerage, securities proprietary trading, securities investment consulting and securities asset management.

    According to Guo Zhiyi, BNP Paribas Securities China’s CEO, this year marks the first that the company can truly extend its reach in China. By incorporating their experience and resources in the international market, the company will advance its cross-border and securities businesses in the country to provide diversified services to both local and offshore clients, he said.

    France’s AXA Global Reinsurance and Germany’s Hannover Re have also opened their Shanghai reinsurance centers in Pudong.

    With its operation set up in Lingang Special Area of China (Shanghai) Pilot Free Trade Zone, AXA can easily connect to the Shanghai International Reinsurance Exchange Ltd founded at the end of 2024, improving the efficiency of data flow and trading transparency, according to Xue Fei, general manager of AXA International Reinsurance (Shanghai) Co Ltd.

    Lujiazui, the core financial area of Pudong, has now gathered around 8,000 financial institutions. Approximately 80 percent of China’s foreign asset managers and 40 percent of the country’s foreign banks have set up operations in Lujiazui.

    According to the Municipal Government Work Report released at the beginning of the year, Shanghai will improve its capacity as an international financial center this year by optimizing its mechanisms, enriching its financial services and expanding product supply. The wider application of e-CNY, further facilitating cross-border financial services, optimizing RMB offshore trading, cross-border trade settlement and overseas financing will be the major focuses, said the work report.

    MIL OSI China News

  • MIL-OSI China: China, Republic of Congo to boost further development of China-Africa cooperation

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

    China, Republic of Congo to boost further development of China-Africa cooperation

    Chinese Foreign Minister Wang Yi, also a member of the Political Bureau of the Communist Party of China Central Committee, meets with Minister of Foreign Affairs of the Republic of the Congo Jean-Claude Gakosso in Beijing, capital of China, March 28, 2025. [Photo/Xinhua]

    BEIJING, March 28 — Chinese Foreign Minister Wang Yi met with Foreign Minister of the Republic of Congo Jean-Claude Gakosso on Friday in Beijing, pledging to jointly promote the high-quality development of China-Africa cooperation.

    Wang, also a member of the Political Bureau of the Communist Party of China Central Committee, said the bilateral relationship between China and the Republic of Congo had become a model of China-Africa solidarity and cooperation.

    Noting that the Forum on China-Africa Cooperation (FOCAC) is the most important platform for China and Africa to unite and help each other to achieve common development, Wang said China was ready to work with the Republic of Congo to implement the outcomes of the Beijing Summit of the FOCAC last year, especially the “Ten Partnership Actions.”

    Wang also called on China and African countries to unite and cooperate more closely to safeguard the common interests of developing countries and promote world peace, stability and development in the face of the chaotic international situation.

    Gakosso said the Republic of Congo attached great importance to the role of co-chair of FOCAC and was willing to work with China to prepare for the ministerial meeting of coordinators on the implementation of FOCAC outcomes and the China-Africa Economic and Trade Expo, to push for more outcomes in Africa-China cooperation.

    MIL OSI China News

  • MIL-OSI: Seize the mining wealth opportunity in 2025 JA Mining helps you easily earn passive income

    Source: GlobeNewswire (MIL-OSI)

    Miami, FL, March 28, 2025 (GLOBE NEWSWIRE) —
    In recent years, the global demand for clean energy and sustainable development has surged, and the mining industry has ushered in changes. JA Mining has rapidly emerged as an industry leader with innovative technology, sustainable strategy and global layout, creating new wealth opportunities for individuals and companies to earn $150,000.

    How to make money with JA Mining?

    JA Mining provides users with a variety of ways to participate in mining investment and earn income. Both novice and professional investors can find an investment plan that suits them. The following are the main ways to make money:

    Start making money!

    1. Register to get $100

    JA Mining launched a new user registration to give away $100, which can be used for mining investment and start earning income.

    2. Cloud mining computing power leasing

    JA Mining’s cloud mining service provides a variety of contract plans, there is always one suitable for you, such as:

    ● Basic cloud computing plan: Invest $200, 2-day contract, profit $214.

    ● Classic cloud computing plan: Invest $600, 3-day contract, profit $634.

    ● Advanced Cloud Computing Plan: Invest $1,330, 5-day contract, profit $1,466.

    ● Super Cloud Computing Plan: Invest $6,000, 14-day contract, profit $7,898.

    3. Referral Reward Program

    JA Mining has launched a referral reward mechanism, where users can get up to 7% extra income by inviting friends.

    4. Compound investment and income reinvestment

    Users can continue to invest the income they have obtained into new investment plans, thereby achieving compound growth and maximizing long-term investment returns.

    What are the advantages of JA Mining?

    JA Mining stands out in the mining investment market mainly due to the following core advantages:

    ● Get $100 when you sign up, lowering the threshold

    ● FCA supervision, safe and reliable

    ● No hidden fees or maintenance fees

    ● Flexible and diverse investment options

    ● Serving the world, 24/7 customer support

    ● Environmentally friendly and sustainable development

    Conclusion

    As a company strictly regulated by the Financial Conduct Authority (FCA) of the United Kingdom, JA Mining is known for its transparency, efficiency and compliance, providing investors with a safe and reliable investment environment. In addition, JA Mining combines traditional mining with modern financial technology, making mining investment no longer limited to large enterprises, but open to ordinary investors around the world.

    Act now and seize the opportunity! Join JA Mining, receive your $100 reward, and start your digital wealth journey!

    Official website:https://jamining.com/

    Contact email: info@jamining.com

    Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. Cryptocurrency mining and staking involve risk. There is potential for loss of funds. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

    The MIL Network

  • MIL-OSI Video: The MAGA Minute, March 28, 2025

    Source: United States of America – The White House (video statements)

    The Trump White House MAGA’d this week.

    Hyundai, Rolls Royce, Schneider Invest Billions
    25% Tariff on Foreign Auto Imports
    Medal of Honor Heroes Honored at 1600 Penn
    Action to Make DC Safe & Beautiful Again
    MS-13 Gang Leader Captured

    Press Secretary Karoline Leavitt breaks it down in this MAGA Minute!

    https://www.youtube.com/watch?v=vKzOHtHehzo

    MIL OSI Video

  • MIL-OSI Russia: Dmitry Chernyshenko: The earliest possible launch of Russian investment projects in Cuba is important

    Translartion. Region: Russians Fedetion –

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

    Dmitry Chernyshenko held a working meeting with the Chairman of the National Assembly of People’s Power and the State Council of the Republic of Cuba Esteban Lazo Hernandez.

    Deputy Prime Minister of Russia Dmitry Chernyshenko held a working meeting with the Chairman of the National Assembly of People’s Power and the State Council of the Republic of Cuba Esteban Lazo Hernandez. During the meeting, issues of bilateral cooperation were discussed.

    “Thanks to the efforts of Russian President Vladimir Putin and Cuban President Miguel Diaz-Canel, the countries have reached a new level of cooperation. Cuba is popular among our citizens, which is also influenced by the launch of the Mir card and the resumption of direct flights by Rossiya Airlines. The circle of potential Russian investors ready to develop promising niches of the Cuban market is expanding. Together, we are overcoming sanctions barriers, strengthening international stability and a multipolar world,” said Dmitry Chernyshenko.

    The Deputy Prime Minister emphasized that Russia is helping Cuba resolve issues related to energy.

    Dmitry Chernyshenko asked Esteban Lazo Hernandez to assist in the speedy launch of Russian investment projects in Cuba. He also invited Cuban leadership and business to take part in the St. Petersburg International Economic Forum (June 18–21, 2025) and the international tourism forum “Travel!” (June 10–15, 2025, in Moscow).

    “As part of the work of the interparliamentary commission, the Chairman of the State Duma Vyacheslav Volodin and I are trying to give impetus to the relations between our governments. The documents we have prepared will help to better prepare for the 22nd meeting of the Intergovernmental Russian-Cuban Commission on Trade, Economic, Scientific and Technical Cooperation, which is scheduled to take place next week,” said Esteban Lazo Hernandez.

    According to him, active work within the Russian-Cuban intergovernmental commission gave special dynamics to bilateral relations. The relevant documents were prepared and adopted, which were promptly worked out by Cuban parliamentarians.

    Russia is in second place in terms of tourist flow to Cuba. The number of tourist trips of Cuban citizens to Russia increased by more than 50% – to 21.5 thousand people.

    Esteban Lazo Hernandez also noted the high dynamics of Russian economic development, despite the sanctions.

    “Russia and Cuba are together! We will win!” he concluded.

    It should be noted that the 22nd meeting of the Intergovernmental Russian-Cuban Commission on Trade, Economic, Scientific and Technical Cooperation is scheduled to take place in early April in Havana. The co-chairs of the intergovernmental commission are Russian Deputy Prime Minister Dmitry Chernyshenko and Deputy Chairman of the Council of Ministers of the Republic of Cuba Ricardo Cabrisas.

    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: Evome Medical Technologies Provides Market Update

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, March 28, 2025 (GLOBE NEWSWIRE) — Evome Medical Technologies Inc. (the “Company” or “Evome”) (TSXV: EVMT) is providing an update to shareholders today.

    As important background:

    Evome generates revenue from three main revenue lines:

    1. DaMar”. This a business-to-business revenue line. Located in California, DaMar Plastics Manufacturing, Inc. (“DaMar”) offers contract manufacturing to a highly concentrated group of customers that then sell those products under their own brand name.
    2. Biodex”. Biodex Medical Systems, Inc. (“Biodex”) is a branded medical device business with approximately 50% of revenue originating from international distributors and the other 50% from domestic dealers.
    3. The Tables Business”. This a business-to-business revenue line of Biodex. This business unit is co-located in Biodex’s factory in New York. It offers contract manufacturing to only one customer that then sells those products under their own brand name.

    Business Update:

    1. Input costs expected to rise: As for input costs, each business line may be subject to increases in raw material costs caused by potential tariffs. Additionally, Biodex expects to be subject to retaliatory tariffs on the sale of its products outside the United States. Therefore, Biodex is working to understand the effect on prices to both domestic and international customers. Biodex plans to work with customers given the impacts of these potential price increases and their effect upon demand, cash flow and the value of each business line.
    2. Asset-based loan lender exits: The Company’s asset-based loan (“ABL”) provider has notified Evome that it will no longer continue lending to Evome’s subsidiaries. The total ABL debt has been reduced from $6,537,209 on March 31, 2024 to the current ABL debt level of $2,9049,634 as of March 27, 2025. As a result, the total balance has fallen below the minimum debt level requirement. While the ABL lender is working with the Company and its subsidiaries to ensure a smooth transition as it retires the ABL debt, all business units are expected to face a cash flow challenge through this period. The Company has negligible working capital currently.
    3. New management: The Company has entrusted a new management team to navigate through these challenges. Michael Seckler (CEO and a director of the Company), Wanye Anderson (a director of the Company), Lana Newishy (a director of the Company) and Bill Garbarini (COO) have resigned, and Chris Heath, a recently appointed director of the Company, has been appointed Interim CEO through this transition period. Kenneth Kashkin, MD, will remain on the Board of Directors as Vice-Chairman.
    4. No funds for audit: Given the current financial condition of the Company, including its current cash position, the reduction of the ABL and the potential of negative impacts of possible tariff policy, the Company does not currently have excess funds to pay for the year end audit as it will use all funds to continue manufacturing and shipping products to customers. It therefore expects to miss the deadline of April 30, 2025 (the “Filing Deadline”) to file the Company’s audited annual financial statements and management discussion & analysis for the financial year ended December 31, 2024, and the CEO and CFO certificates, all as required by National Instrument 51-102 – Continuous Disclosure Obligations and National Instrument 52-109 – Certification of Disclosure in Issuers’ Annual and Interim Filings (collectively, the “Documents”). As a consequence, the Company anticipates the imposition by the British Columbia Securities Commission of a Failure-to-File Cease Trade Order (“FFCTO”). There is no other reason known to management preventing the completion of the audit other than a lack of available funds. Accordingly, the Company is making efforts to complete an audit and file the Documents as soon as is financially feasible.
    5. Customers: Biodex has a back log of orders of over $6,228,854 as of May 27, 2025 from existing customers that Biodex intends to fulfill. DaMar and “The Tables” business continue to operate and ship products to their respective customers.
    6. DaMar Sale: As announced on May 30, 2024, DaMar is actively being marketed for sale.

    The Company is currently finalizing a plan to navigate these challenges and will provide updates to shareholders through future press releases. The Company is committed to delivering high quality products to its customers and continues to make deliveries as it works with suppliers and customers to adjust to the current conditions.

    “I was asked by the outgoing management and board members to come into a challenging situation, where I am a large shareholder and, with all other shareholders, at the bottom of the capital/debt stack,” said Mr. Michael Dalsin, Chairman. “With the reduction of operating debt, as well as acquisition debt, the company now faces a cash flow issue that will need to be navigated. The fact that there is currently negligible working capital makes this process very challenging. Additionally, the impact of tariffs remains uncertain at the moment. But we do anticipate that our raw material costs, largely made up of aluminum and steel, may increase and the effect on revenues is difficult to predict. As we have a large stock of inventory on hand, I feel confident we can continue to deliver products to customers and generate revenue as we look for solutions to this challenge.”

    “Chris Heath and I will work to overcome the challenges,” continued Mr. Dalsin. “There is substantial debt at the operating subsidiary level, the Company’s sole assets, that ultimately stands in front of shareholders equity. Simply put, we hope to have sufficient cash flow and value in the three businesses to pay off the debt in full with additional cash left over, preserving some measure of equity value if possible.”

    The Company will update the market by press release as the plan unfolds, and will not conduct one-on-one calls with any investors or market participants to avoid the perception of selective disclosure.

    Michael Dalsin
    Chairman
    Tel: 1 (800) 760-6826 ‎
    Email: info@salonaglobal.com‎

    Additional Information

    Neither the 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.

    Unless otherwise specified, all financial information is presented in Canadian dollars (“$”, “dollars” and “C$”).

    There can be no assurance that the disposition of DaMar will ‎be completed or the sale price or timing of any ‎disposition. Completion of any transaction will be subject to, amongst other things, ‎negotiation and execution of definitive agreements, and applicable ‎director, shareholder ‎and ‎regulatory approvals.‎

    Certain statements contained in this press release constitute “forward-looking information” within the meaning of the Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. These statements can be identified by the use of forward-looking terminology such as “expects” “believes”, “estimates”, “may”, “would”, “could”, ‎‎”should”, “potential”, ‎‎‎‎‎”will”, “seek”, “intend”, “plan”, and “anticipate”, and similar expressions as they relate ‎‎‎‎to the Company, including, without limitation: the impact of tariffs on the costs of raw materials; Biodex being subject to retaliatory tariffs on the sale of its products outside the United States; Biodex having to increase prices to both domestic and international customers; statements with respect to the issuance and timing of an FFCTO; and the filing of the Documents; the Company successfully disposing of DaMar and the use of such proceeds; and the amount of acquisition debt the Company would be able to eliminate upon the sale of DaMar. All ‎statements ‎other than statements of ‎historical fact may be forward-looking‎ information. Such statements reflect the Company’s current views and intentions with respect to future ‎events, and current information available to the Company, and are subject to certain risks, ‎uncertainties and assumptions. The Company cautions that the forward-looking statements contained herein are qualified by important factors that could cause actual results to differ materially from those reflected by such statements. Such factors include but are not limited to the ‎‎general business and ‎‎economic ‎conditions in the regions in ‎which the Company operates; the ability of the Company to execute on key ‎‎priorities, ‎including the successful completion of acquisitions, business‎ retention, and‎‎ strategic plans and to‎‎ attract, develop ‎and retain key executives; difficulty integrating newly acquired businesses; ‎‎ongoing or new disruptions in the supply chain, the extent and scope of such supply chain disruptions, and the timing or extent of the resolution or improvement of such disruptions; the ability to‎‎‎ implement business strategies and pursue business opportunities; ‎‎disruptions in or attacks (including ‎cyber-attacks) on the Company’s information technology, internet, network access or other ‎‎voice or data ‎communications systems or services; the evolution of various types of fraud or other ‎‎‎criminal behavior to which ‎ the Company is exposed; the failure of third parties to comply with their obligations to ‎‎ the Company or its ‎affiliates; the‎ impact of new and changes to, or application of, current laws and regulations; ‎granting of permits and licenses in a highly regulated business; the ‎overall difficult ‎‎‎‎‎litigation environment, including in the United States; increased competition; changes in foreign currency rates; ‎increased ‎‎‎‎funding ‎costs and market volatility due to market illiquidity and competition for funding; the ‎availability of funds ‎‎‎‎and resources to pursue operations; critical ‎accounting estimates and changes to accounting standards, policies,‎‎‎‎ and methods used by the Company; the occurrence of natural and unnatural‎‎ catastrophic ‎events ‎and claims ‎‎‎‎resulting from such events; as well as those risk factors discussed or ‎referred to ‎in the ‎Company’s disclosure ‎documents filed with United States Securities and Exchange Commission ‎and ‎available at ‎www.sec.gov, and with ‎the securities regulatory authorities in certain provinces of Canada and ‎‎available at ‎www.sedarplus.com. Should any ‎factor affect the Company in an unexpected manner, or should ‎‎assumptions underlying ‎the forward-looking ‎information prove incorrect, the actual results or events may differ ‎‎materially from the results ‎or events predicted. ‎Any such forward-looking information is expressly qualified in its ‎‎entirety by this cautionary ‎statement. Moreover, ‎the Company does not assume responsibility for the accuracy or ‎‎completeness of such ‎forward-looking ‎information. The forward-looking information included in this press release ‎‎is made as of the ‎date of this press ‎release and the Company undertakes no obligation to publicly update or revise ‎‎any forward-‎looking information, ‎other than as required by applicable law‎.

    The MIL Network

  • MIL-OSI Economics: Costa Rica’s and Albania’s accessions to the GPA 2012 edge closer to conclusion

    Source: WTO

    Headline: Costa Rica’s and Albania’s accessions to the GPA 2012 edge closer to conclusion

    Progress on accessions to the GPA 2012
    Parties welcomed Costa Rica’s “final” market access offer submitted in January 2025. Reaffirming its strong commitment to acceding to the GPA 2012 as soon as practicable, Costa Rica’s representative, Leonor Obando, said: “We are prepared to accept the challenges and opportunities that membership in the GPA will provide. We firmly believe that our accession will not only improve Costa Rica’s economy but will also serve as a catalyst for the expansion of the GPA to the Latin American region.” Costa Rica is the first Central American WTO member seeking to become a party to the Agreement. 
    Progress was also achieved on Albania’s accession, with parties welcoming the “final” market access offer it submitted in January. Albania’s representative Reida Kashta stated: “We would like to conclude our accession negotiations as soon as possible and are collaborating with GPA parties towards this objective.”
    The Committee also discussed the ongoing GPA accession negotiations of China, Kazakhstan, the Kyrgyz Republic and Tajikistan. 
    An infographic explaining accession to the Agreement is available here.
    Improving SME participation in government procurement  
    As a follow-up to a recent Committee decision on best practices for supporting the participation of small and medium-sized enterprises (SMEs) in government procurement, the Dominican Republic shared information about its initiatives to increase dialogue with the private sector and promote a more inclusive procurement environment. GPA parties welcomed this information.
    Greater access to historical GPA documents
    The Committee’s decision to derestrict additional historical documents will provide the public with greater access to records of past Committee meetings on the WTO website.
    Work programme on sustainable procurement
    Parties welcomed the publication on the WTO website of compilations of green public procurement-related provisions that certain GPA parties have implemented in their domestic government procurement systems or included in international instruments, such as free trade agreements. These compilations emerged from the Committee’s agreed Work programme on sustainable procurement and can be accessed here.
    Further upgrade to the e-GPA Gateway
    The WTO Secretariat provided an update on a new e-GPA notification system, jointly developed by the Intellectual Property, Government Procurement and Competition Division and the Information Technology Solutions Division to enable parties to submit GPA notifications online for the first time. The new system, which will be launched after further testing, follows the release of a separate component of the e-GPA Gateway modernization in 2024.
    Background
    The GPA 2012 is a plurilateral agreement that aims to open government procurement markets among its parties on a reciprocal basis and to the extent agreed between GPA parties. It also aims to make government procurement more transparent and to promote good governance.
    The Agreement currently has 22 parties, covering 49 WTO members, including the European Union and its 27 member states (counted as one party). While open to all WTO members, it is binding only for those members that have acceded to it. The list of current GPA parties can be found here.
    Reciprocal market opening assists GPA parties in purchasing goods and services that offer the best value for money. The Agreement provides legal guarantees of non-discrimination for the goods, services and suppliers of GPA parties in covered procurement activities, which are worth an estimated USD 1.7 trillion annually. Government procurement typically accounts for about 15 per cent of developed and developing economies’ GDP. 
    In October, an event was held at the WTO to commemorate the 10th anniversary of the GPA 2012 entering into force in 2014. The event’s summary can be found here.
    Next meeting
    The next meeting of the Committee on Government Procurement is scheduled to take place on 18 June.

    Share

    MIL OSI Economics

  • MIL-OSI Video: Rebalance the scales of justice & dignity – Salome Agbaroji, Youth Poet Laureate | United Nations

    Source: United Nations (Video News)

    Remarks by Salome Agbaroji, Youth speaker and former United States Youth Poet Laureate, during the International Day of Remembrance of the Victims of Slavery and the Transatlantic Slave Trade.

    Every year on 25 March, the International Day of Remembrance of the Victims of Slavery and the Transatlantic Slave Trade offers the opportunity to honour and remember those who suffered and died at the hands of the slavery system. The International Day also aims to raise awareness about the dangers of racism and prejudice today.

    https://www.youtube.com/watch?v=SBLdwp5l99o

    MIL OSI Video

  • MIL-OSI USA: Warner Pushes Federal Trade Commission, Justice Department to Address Rampant Fraud in Digital Advertising

    US Senate News:

    Source: United States Senator for Commonwealth of Virginia Mark R Warner
    WASHINGTON – U.S. Sen. Mark R. Warner (D-VA), Vice Chairman of the Senate Select Committee on Intelligence and a member of the Senate Banking Committee, wrote to Federal Trade Commission (FTC) Chairman Andrew Ferguson and to Attorney General Pam Bondi expressing concern over continued prevalence of fraud in the digital advertising industry, highlighting how this fraud hurts U.S. Government (USG) customers, and therefore, American taxpayers.
    “The failures and misrepresentations of these verification vendors amount to far more than simple contradictions of their marketing puffery,” wrote Sen. Warner. “As publishers and advertisers rely on these services’ asserted ability to avoid bot traffic and deliver content to customers, these verification firms serve as cover for the systemic failure by key ecosystem stakeholders, potentially compromising a significant sector of the online ad market.”
    The phenomenon of digital fraud has skyrocketed in recent years, with reports indicating that as of 2023, digital fraud has grown to $84 billion, up from $7.4 billion in 2017.
    He continued, “Failure to meet the terms of contracts result in the misuse of taxpayer dollars, and undermine the efficacy of government public awareness and job recruitment campaigns. These failures drive inflated ad costs and reduced effectiveness for thousands of small and midsize businesses and charities that rely on digital advertising to succeed, and these increased costs trickle down to consumers who end up paying more for basic goods and services.”
    In his letter to the FTC, Sen. Warner requested the commission investigate this wide-spread fraud:
    Did verification vendors such as Integral Ad Science (“IAS”), DoubleVerify (“DV”), and HUMAN Security, among others, claim in their marketing materials to be able to perform real-time bot filtering and have the capability to prevent ads from serving to declared bots, such as those on the IAB Bots & Spiders List?
    Do these verification vendors receive access to the “User Agent” field in real-time programmatic ad auctions from demand side platforms like Google DV360 and the Trade Desk?
    Can the verification vendors’ pre-bid technology actually stop ads from serving to declared bots on the IAB Bots & Spiders List, or merely prevent ads from serving on website domains with historically high levels of bot traffic? If the latter, what evidence exists that can demonstrate specific websites are getting blocked, deliberately or inadvertently, from ad campaigns and thus de-monetized?
    If the verification vendors do not receive access to the User-Agent and cannot block declared bots, did these vendors make false advertising claims and engage in deceptive trade practices when promoting their pre-bid bot avoidance or suspicious activity blocking technology?
    What is the extent of the resulting financial harm to the United States government and non-profit advertisers, as well as to publishers that paid for this ineffective bot avoidance technology?
    Additionally, Senator Warner requested that the Justice Department investigate the following:
    Whether ad verification companies such as IAS, DV, and HUMAN have knowingly misrepresented their capabilities to federal government clients or government contractors, particularly regarding their ability to detect and filter bot traffic in real-time.
    Whether the ad verification firms involved in these failures violated the False Claims Act by charging the government – or government contractors – for services they did not deliver.
    Sen. Warner has been vocal about the harm caused by this continued fraud for years, and as the digital space continues to grow in reach and importance, he has stressed the need to reign it in. In 2016, Sen. Warner first called on the FTC to protect consumers from this digital fraud. In 2018, he expressed concern over its continued prevalence following a detailed reporting about inaction by the FTC and Google to curb these efforts.
    A copy of the letter to the FTC is available here. A copy of the letter to the DOJ is available here.

    MIL OSI USA News

  • MIL-OSI USA: What They Are Saying: Trump Cabinet Voices Support for Cassidy’s Trade, Manufacturing Bill to Hold China Accountable

    US Senate News:

    Source: United States Senator for Louisiana Bill Cassidy

    [embedded content]
    WASHINGTON – U.S. Senator Bill Cassidy, M.D. (R-LA) released a new video featuring vocal support from several of President Trump’s Cabinet nominees for his Foreign Pollution Fee Act to level the playing field with Chinese manufacturing and expand American production. 
    During their confirmation hearings, U.S. Treasury Secretary Scott Bessent, U.S. Commerce Secretary Howard Lutnick, U.S. Interior Secretary Doug Burgum, U.S. Energy Secretary Chris Wright, U.S. Environmental Protection Agency (EPA) Administrator Lee Zeldin, and U.S. Trade Representative (USTR) Jamieson Greer all express interest in the proposal, noting that it aligns well with the Trump administration’s trade agenda. These exchanges come after Cassidy, joined by U.S. Senator Lindsey Graham (R-SC), released a new discussion draft of their Foreign Pollution Fee Act for public comment.
    A range of industries has expressed support for Cassidy’s efforts to craft a trade policy that strengthens U.S. manufacturers’ competitiveness and counter unfair competition from China, including the Steel Manufacturers Association, the American Iron and Steel Institute, the Portland Cement Association, the Aluminum Association, and the Solar Energy Manufacturers for America (SEMA) Coalition.
    “A strong border measure will allow American steel producers to benefit from the fact that they are global leaders in emissions efficiency. This can be a key part of any long-term solution to safeguard the domestic steel industry from the devastating effects of global overcapacity,” said Philip K. Bell, President, Steel Manufacturers Association. “We are encouraged to see Senator Cassidy and numerous Trump administration officials show aligned interest in advancing this policy design. We stand ready to work with them to advance a trade policy that helps U.S. steel manufacturers compete on a level playing field.”
    “Steel made in the United States is the cleanest in the world. Senator Cassidy has rightly determined that legislation is needed to hold foreign polluters accountable for their dirtier products, while enhancing the competitiveness of American steel manufacturers. AISI looks forward to working with him and others in Congress to craft a foreign pollution fee that applies to all imported steel products with higher emissions than products made the U.S., without imposing a carbon fee or tax on American manufacturers,” said Kevin Dempsey, President and CEO of the American Iron and Steel Institute.
    “American cement manufacturers believe that a well-constructed border measure will allow them to leverage their leadership in emissions efficiency. This is essential for any lasting strategy to protect the domestic cement industry from any global challenges,” said Mike Ireland, President and CEO of the Portland Cement Association. “It’s great to see Senator Cassidy and Trump administration officials expressing support for this policy approach. We are prepared to continue to collaborate with them to advance a trade policy that strengthens the competitiveness of U.S. cement producers.”
    “The SEMA Coalition supports Senator Cassidy’s 2025 Foreign Pollution Fee Act. For American solar manufacturers to compete on a level playing field and outcompete China, we need innovative border measures such as a foreign pollution fee. Any successful, long-term strategy to reshore the solar value chain must prioritize taking these steps to safeguard the domestic solar industry from the impacts of global overcapacity,” said Mike Carr, Executive Director of the Solar Energy Manufacturers for America (SEMA) Coalition. “We are grateful for Senator Cassidy’s leadership and look forward to working closely with him and the administration to advance trade and tax policies that ensure a level playing field with China and longevity for U.S. solar manufacturers and workers.” 
    The US aluminum industry produces some of the cleanest aluminum products in the world while facing ongoing pressure from international producers not subject to traditional market forces. Smart tariff policy recognizes this and provides incentives for both domestic and international production of cleaner aluminum.” said Will Brown, VP of Government Relations and International Programs, The Aluminum Association. “At the Aluminum Association, we look forward to continuing to work with Senator Cassidy to advance trade policies that strengthen the U.S. aluminum industry and its competitiveness in the global marketplace.”
     “According to recently released data from the US International Trade Commission (ITC), the carbon intensity of American-made Oil Country Tubular Goods (OCTG) is well below that of OCTG produced by China and its satellites. This environmental dumping combines with other forms of unfair trade practices that need to be addressed. Senator Cassidy’s legislation is a major step in holding foreign producers from China and its satellites accountable, as it not only strengthens American industries but also supports a cleaner, more competitive market for all,” said Luca Zanotti, Chairman of the United States OCTG Manufacturers Association (USOMA).         
    The Foreign Pollution Fee Act: 
    Combats China’s Exploitation of Trade Rules: By countering the unfair practices of non-market economies like China, ensuring American manufacturers can compete and thrive on a level playing field.
    Strengthens Global Supply Chain Resilience: Diversifying trade relationships will reduce dependence on adversarial nations, making supply chains more secure against geopolitical disruptions and enhancing national security.
    Revitalizes American Manufacturing: By discouraging imports of pollution-intensive goods, this policy will bring jobs back home, strengthen domestic industries, and reduce reliance on foreign suppliers.
    Expands U.S. Export Markets: As high-polluting countries modernize their industries, they’ll increasingly demand American-made inputs, feedstocks, and cutting-edge technologies, opening new opportunities for U.S. exports.
    Deepens Trade Ties with Allies: By promoting partnerships with nations that share our economic and environmental values, the Foreign Pollution Fee Act builds a coalition against predatory practices by the Chinese Communist Party, supporting emerging markets and allies alike.
    Rewards Leadership in Cleaner Manufacturing: By incentivizing international partners to adopt cleaner production methods while ensuring that domestic manufacturers maintain a competitive edge by continuing to lead in industrial decarbonization.
    Background
    Cassidy and Graham introduced an earlier version of their Foreign Pollution Fee Act to level the playing field with Chinese manufacturing and expand American production in 2023.
    The Foreign Pollution Fee Act was a key topic at Cassidy’s Louisiana Energy Security Summit in October 2024.The summit featured ten panels that explored protecting U.S. interests from unfair trade practices, Louisiana’s low-pollution manufacturing advantage, and the role of natural gas in strengthening U.S. geopolitical influence. Panelists included presidents and CEOs from Entergy, First Solar, Buzzi UnicemUSA, Orsted, and Aluminum Technologies, former Trump administration officials, and leaders from Louisiana trade associations and major energy and Fortune 500 companies. 
    In September 2024, he released the 3rd episode of Bill on the Hill, where he highlights his Foreign Pollution Fee Act and discusses China’s growing economy and military coming at the expense of the American worker. After hearing fellow Americans share their concerns, Cassidy presented his plan to address the nexus between economic development, national security, and the environment. 
    He penned editorials in Foreign Affairs, The Washington Times, and jointly in the USA Today Network discussing the geopolitical threat that China poses to U.S. global standing. 
    In 2023, the Louisiana Senate and House of Representatives unanimously adopted a resolution urging Congress to pursue an industrial manufacturing and trade policy to counter competition from China. Learn more here. 

    MIL OSI USA News

  • MIL-OSI Europe: Answer to a written question – Exacerbation of industrial relocation driven by EU policy through US tariffs – P-000555/2025(ASW)

    Source: European Parliament

    On 10 February 2025 the United States (US) announced the imposition a 25% tariff on all US imports of steel and aluminium as of 12 March 2025 and subsequently published a list of downstream products to which the tariffs will also apply[1][2][3]. On 13 February 2025, the US announced plans to impose so-called ‘reciprocal tariffs’[4].

    The President of the Commission and the Commissioner for Trade and Economic Security publicly stated that while the EU is ready to discuss mutually beneficial solutions, any unjustified tariffs will trigger firm and proportionate EU countermeasures . The President spoke to the Vice-President of the United States on 11 February 2025.

    Moreover, the Commissioner for Trade and Economic Security also discussed this with his counterparts, including during a meeting in Washington on 19 February 2025.

    The Commission will spare no effort to avert unnecessary tensions but is ready to act to safeguard its economic interests. The EU has at its disposal instruments that allow addressing unjustified measures, including with tariffs.

    To promote European competitiveness, the Commission adopted its Competitiveness Compass[5], the strategic framework for the Commission’s work in this mandate, and other industrial policy initiatives[6].

    The Competitiveness Compass sets out an approach and a selection of flagship measures on three transformational imperatives to boost competitiveness: closing the innovation gap, a joint roadmap for decarbonisation and competitiveness, and reducing excessive dependencies and increasing security.

    The 2025 Annual Single Market and Competitiveness Report[7] provide an analytical basis for the EU’s industrial strategy.

    • [1] https://www.whitehouse.gov/presidential-actions/2025/02/adjusting-imports-of-steel-into-the-united-states/
    • [2] https://www.whitehouse.gov/fact-sheets/2025/02/fact-sheet-president-donald-j-trump-restores-section-232-tariffs/
    • [3] https://www.govinfo.gov/content/pkg/FR-2025-02-18/pdf/2025-02832.pdf and https://www.govinfo.gov/content/pkg/FR-2025-02-18/pdf/2025-02833.pdf
    • [4] https://www.whitehouse.gov/articles/2025/02/reciprocal-trade-and-tariffs/
    • [5] https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CELEX:52025DC0030
    • [6] For example, the Clean Industrial Deal proposes six business drivers for a competitive yet decarbonising economy: (1) affordable energy, (2) lead markets, (3) financing, (4) circularity and access to materials, (5) global markets and international partnerships and (6) skills.
    • [7] https://single-market-economy.ec.europa.eu/publications/2025-annual-single-market-and-competitiveness-report_en
    Last updated: 28 March 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Written question – Is the Commission aware of the serious trade difficulties faced by French wines and spirits? – E-001192/2025

    Source: European Parliament

    Question for written answer  E-001192/2025
    to the Commission
    Rule 144
    Gilles Pennelle (PfE), André Rougé (PfE), Séverine Werbrouck (PfE), Valérie Deloge (PfE), Mélanie Disdier (PfE), Julien Leonardelli (PfE)

    On Wednesday 12 March, Commission President Ursula von der Leyen and Maroš Šefčovič, the Commissioner for Trade, Economic Security, Interinstitutional Relations and Transparency, unveiled retaliatory measures in response to the new US tariffs on steel and aluminium imports.

    While these measures are laudable in principle, it is regrettable that the US bourbon is targeted, exposing French wines and spirits to potential US taxes. French spirits are already suffering from the recent increase in Chinese taxes, which severely penalises them.

    • 1.Is the Commission aware of the serious trade difficulties faced by the French spirits sector?
    • 2.Can it explain why it is exposing the wine and spirits sector to US taxes, given the serious difficulties it is facing?

    Supporters[1]

    Submitted: 20.3.2025

    • [1] This question is supported by Members other than the authors: Jean-Paul Garraud (PfE), Julie Rechagneux (PfE)
    Last updated: 28 March 2025

    MIL OSI Europe News

  • MIL-OSI: Nokia Corporation: Repurchase of own shares on 28.03.2025

    Source: GlobeNewswire (MIL-OSI)

    Nokia Corporation
    Stock Exchange Release
    28 March 2025 at 22:30 EET

    Nokia Corporation: Repurchase of own shares on 28.03.2025

    Espoo, Finland – On 28 March 2025 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:                

    Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*
    XHEL 2,831,492 4.90
    CEUX 1,500,000 4.90
    BATE
    AQEU 184,539 4.89
    TQEX 150,000 4.89
    Total 4,666,031 4.90

    * Rounded to two decimals

    On 22 November 2024, Nokia announced that its Board of Directors is initiating a share buyback program to offset the dilutive effect of new Nokia shares issued to the shareholders of Infinera Corporation and certain Infinera Corporation share-based incentives. The repurchases in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the Commission Delegated Regulation (EU) 2016/1052 and under the authorization granted by Nokia’s Annual General Meeting on 3 April 2024 started on 25 November 2024 and end by 31 December 2025 and target to repurchase 150 million shares for a maximum aggregate purchase price of EUR 900 million.

    Total cost of transactions executed on 28 March 2025 was EUR 22,850,954. After the disclosed transactions, Nokia Corporation holds 209,385,537 treasury shares.

    Details of transactions are included as an appendix to this announcement.

    On behalf of Nokia Corporation

    BofA Securities Europe SA

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

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

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

    Inquiries:

    Nokia Communications
    Phone: +358 10 448 4900
    Email: press.services@nokia.com
    Maria Vaismaa, Global Head of External Communications

    Nokia Investor Relations
    Phone: +358 931 580 507
    Email: investor.relations@nokia.com

    Attachment

    The MIL Network

  • MIL-OSI Canada: Prime Minister Carney meets with premiers to discuss Canada’s response to U.S. tariffs

    Source: Government of Canada – Prime Minister

    Today, Prime Minister Mark Carney met virtually with provincial and territorial premiers to discuss Canada’s co-ordinated response to the United States’ unjustified tariffs against Canadian goods, including the recently announced U.S. tariffs on imported automobiles and auto-parts. The Prime Minister was joined by the Minister of International Trade and Intergovernmental Affairs and President of the King’s Privy Council for Canada, Dominic LeBlanc.

    Canada’s First Ministers stand united against this unjustified U.S. trade action and are committed to defending Canadian businesses, workers, and families affected by this threat.

    Prime Minister Carney updated the premiers on his conversation with the President of the United States, Donald J. Trump, earlier today. The Prime Minister and the premiers discussed the path forward to respond to the evolving tariff threat by strengthening the Canadian economy, including through work to unlock economic projects and remove interprovincial trade barriers. Prime Minister Carney underscored the Government of Canada’s resolve to continue fighting against the unjust tariffs and protect Canadians.

    Prime Minister Carney committed to continuing to convene with the premiers in the weeks ahead.

    Associated Links

    MIL OSI Canada News

  • MIL-OSI USA: Congressmen Goldman, Crow Lead Letter Demanding Trump Administration Reinstate Funding for Unaccompanied Minors’ Legal Representation

    Source: US Congressman Dan Goldman (NY-10)

    Defunding of Bipartisan Program Forces 26,000 Unaccompanied Children to Navigate Immigration System Alone   

     

    Move Leaves Children as Young as 2 Open to Abuse, Human Trafficking and Other Bad Actors 

      

    Read the Letter Here  

    Washington, DC – Congressmen Dan Goldman (NY-10) and Congressman Jason Crow (CO-06) led 96 of their colleagues in sending a letter to Health and Human Services Secretary Robert F. Kennedy Jr. and Interior Secretary Doug Burgum urging them to immediately reinstate legal services for over 26,000 unaccompanied migrant children in the United States. 

    The Trump administration’s decision effectively denies tens of thousands of unaccompanied minors, many as young as two or three, a fair legal process and leaves them far more vulnerable to abuse, human trafficking, and harm. 

    “We write with great concern over the Administration’s decision to eliminate key federally-funded legal services for over 26,000 unaccompanied children in the United States. We urge immediate and full reinstatement of these services under the federal contract that provides for this longstanding, bipartisan program. The safety of these children hangs in the balance,” the Members wrote. 

    Eliminating legal services for unaccompanied minors is in clear violation of the Trafficking Victims Protection Reauthorization Act (TVPRA), a bipartisan law mandating the Department of Health and Human Services (HHS) provide all unaccompanied children who are or were in HHS custody with proper legal representation to the greatest extent practicable. 

    “As the TVPRA reflects, it is all but impossible for these children – one of the world’s most vulnerable groups – to receive a fair legal process in complex and adversarial immigration proceedings without legal representation. The termination of services means that all too many two- and three-year-old children who do not comprehend what those proceedings even are will nonetheless face them alone,” the Members continued. 

    Attorneys play a critical role in safeguarding unaccompanied minors from trafficking and exploitation–notifying authorities of abuse, addressing safety needs, and investigating and prosecuting perpetrators. Eliminating legal services removes these safeguards and opens up unaccompanied minors to widespread harm. Additionally, attorneys make the immigration system far more efficient by lowering the number of required court hearings and expediting voluntary removal proceedings.  

    “With the safety of over twenty-six thousand unaccompanied children against traffickers, abusers, and other bad actors on the line, prompt renewal is imperative. Thank you for your consideration of this pressing matter,” the Members concluded. 

    Congressman Dan Goldman has worked tirelessly to ensure unaccompanied minors receive proper legal representation when navigating the U.S. immigration system. 

    Last Congress, Goldman helped push the Biden Administration’s Executive Office for Immigration Review’s (EOIR) to release new guidance for children’s immigration proceedings that ensured specialized children’s dockets in each immigration court that were held separate from adult cases and were overseen by dedicated judges.   
    The Biden Administration’s decision followed the introduction of Goldman’s Children’s Court Act to combat the immigration court backlog and strengthen due process rights for children. 
    Read the Letter Here or Below: 

     

    We write with great concern over the Administration’s decision to eliminate key federally-funded

    legal services for over 26,000 unaccompanied children in the United States. We urge immediate

    and full reinstatement of these services under the federal contract that provides for this

    longstanding, bipartisan program. The safety of these children hangs in the balance.

    Cancellation of vital legal services for unaccompanied children squarely conflicts with the

    Trafficking Victims Protection Reauthorization Act (TVPRA). That Act, which passed Congress

    on an overwhelmingly bipartisan basis, mandates that the Department of Health and Human

    Services (HHS) ensure counsel to the greatest extent practicable for unaccompanied children

    who are or were in HHS custody to “represent them in legal proceedings or matters and protect

    them from mistreatment, exploitation, and trafficking.” Stripping away attorneys from children

    in local communities will have the opposite effect as Congress directed and intended.

    As the TVPRA reflects, it is all but impossible for these children – one of the world’s most

    vulnerable groups – to receive a fair legal process in complex and adversarial immigration

    proceedings without legal representation. The termination of services means that all too many

    two- and three-year-old children who do not comprehend what those proceedings even are will

    nonetheless face them alone.

    The TVPRA also recognizes the critical importance of legal services to safeguarding

    unaccompanied children from trafficking and exploitation. Attorneys help identify indicators of

    such mistreatment in the first place, notify authorities as appropriate, and address immediate

    safety needs. Importantly, attorneys can aid children in serving as victim-witnesses in the

    investigation and prosecution of perpetrators. In many cases, unaccompanied children’s attorneys

    may be the only adults to whom those children feel safe disclosing information about abuse and

    other harm. Hollowing out the legal services contract therefore renders unaccompanied children

    significantly more vulnerable to human traffickers and other bad actors.

    As the Trump Administration moves to place unaccompanied children into removal proceedings

    on a substantially expanded scale,1 it is important to emphasize that attorneys are necessary to

    ensure that those children understand and meet associated legal requirements. Lacking counsel,

    many children will be unable to comprehend Notices to Appear for immigration court or how,

    when, and where to make their appearances. By contrast, 98 percent of migrant children with

    attorneys show for their hearings.2 Attorneys also ensure that unaccompanied children submit

    address update forms to the immigration court system and other immigration agencies upon

    changes of residence so that those agencies can properly send notifications to and remain in

    communication with these children.

    Amid a deeply backlogged immigration court system, attorneys cut down on the volume of

    needed court hearings and furnish explanations to children that optimize the efficiency of those

    hearings and other legal processes. Similarly, when unaccompanied children wish to return to

    their countries of origin, attorneys help them expeditiously undergo voluntary departure. Absent

    legal representation, such children may instead remain in the United States at length.

    We are gravely concerned that, despite the above considerations, the Administration recently

    terminated in substantial part the legal services contract for unaccompanied children, including

    the contract’s provision of legal representation to children otherwise on their own. With the

    safety of over 26,000 unaccompanied children against traffickers, abusers, and other bad actors

    on the line, prompt and full reinstatement of services under this contract is imperative. Thank

    you for your consideration of this pressing matter. 

    ### 

    MIL OSI USA News

  • MIL-OSI USA: FDA Roundup: March 28, 2025

    Source: US Department of Health and Human Services – 3

    For Immediate Release:
    March 28, 2025

    Today, the U.S. Food and Drug Administration is providing an at-a-glance summary of news from around the agency:

    On Thursday, the FDA’s Learning and Education to ADvance and Empower Rare Disease Drug Developers initiative published two new videos titled “Understanding the Importance of Endpoints in Rare Disease Drug Development” and “Considerations for Collecting and Using Natural History Study Data that are Fit for Use in the Regulatory Setting” to our educational video series. The videos provide an overview of important considerations for selecting endpoints when designing clinical trials, and concepts to consider when determining how to leverage natural history study data to support regulatory decision making on a marketing application.
    On Wednesday, the FDA issued a Blue Box update to a Safety Alert on contaminated Korean oysters, adding additional recalled products.
    On Wednesday, the FDA celebrated 15 years since the passage of the Biologics Price Competition and Innovation Act (BPCIA). The BPCI Act created an abbreviated approval pathway to help provide patients with greater access to safe and effective biological products, and it established a framework to promote both innovation and competition. This year also marks the 10th anniversary since the approval of the first biosimilar in the United States. The FDA has approved 69 biosimilars since 2015. More information can be found at the CDER Conversation.
    On Wednesday, the FDA approved Exelixis, Inc.’s Cabometyx (cabozantinib)) for adult and pediatric patients 12 years of age and older with previously treated, unresectable, locally advanced or metastatic, well-differentiated pancreatic neuroendocrine tumors and for adult and pediatric patients 12 years of age and older with previously treated, unresectable, locally advanced or metastatic, well-differentiated extra-pancreatic neuroendocrine tumors. More information about Cabometyx can be found in the full prescribing information.
    On Wednesday, the FDA published the Pulse Oximeter Basics Consumer Update. Consumers are increasingly using pulse oximeters in-home when they are not feeling well or to monitor their general health. The FDA wants to help consumers breathe easy and know how these devices can be used safely and accurately.
    On Wednesday, the FDA provided an update from our ongoing postmarket evaluation of Essure by posting information on medical device reports received by the FDA related to Essure during the 2024 calendar year. Although Essure, a permanently implanted birth control device for women, has not been available for implantation since December 2019, the FDA remains committed to collecting and providing updates on the long-term safety information about Essure.
    On Tuesday, the FDA posted a web page celebrating the 100-year anniversary of the National Seafood Sanitation Program (NSSP). The NSSP is a partnership between certain states and federal agencies to prevent contaminated shellfish from entering the market. This program helps to ensure that bivalve molluscan shellfish (including oysters, clams, mussels, cockles, and scallops, other than adductor only) sold in the United States are safely produced and sold to consumers. The NSSP was established after a widespread deadly typhoid fever outbreak was traced to contaminated oysters in 1924.

    Related Information

    Related Information

    ###

    Boilerplate

    The FDA, an agency within the U.S. Department of Health and Human Services, protects the public health by assuring the safety, effectiveness, and security of human and veterinary drugs, vaccines and other biological products for human use, and medical devices. The agency also is responsible for the safety and security of our nation’s food supply, cosmetics, dietary supplements, radiation-emitting electronic products, and for regulating tobacco products.

    Inquiries

    Consumer:
    888-INFO-FDA

    Content current as of:
    03/28/2025

    Follow FDA

    MIL OSI USA News

  • MIL-OSI USA News: Adjusting Imports of Automobiles and Automobile Parts into the United States

    Source: The White House

    class=”has-text-align-center”>BY THE PRESIDENT OF THE UNITED STATES OF AMERICA

    A PROCLAMATION

    1.  On February 17, 2019, the Secretary of Commerce (Secretary) transmitted to me a report on his investigation into the effects of imports of passenger vehicles (sedans, sport utility vehicles, crossover utility vehicles, minivans, and cargo vans) and light trucks (collectively, automobiles) and certain automobile parts (engines and engine parts, transmissions and powertrain parts, and electrical components) (collectively, automobile parts) on the national security of the United States under section 232 of the Trade Expansion Act of 1962, as amended (19 U.S.C. 1862) (section 232).  Based on the facts considered in that investigation, the Secretary found and advised me of his opinion that automobiles and certain automobile parts are being imported into the United States in such quantities and under such circumstances as to threaten to impair the national security of the United States. 

    2.  In Proclamation 9888 of May 17, 2019 (Adjusting Imports of Automobiles and Automobile Parts Into the United States), I concurred with the Secretary’s finding in the February 17, 2019, report that automobiles and certain automobile parts are being imported into the United States in such quantities and under such circumstances as to threaten to impair the national security of the United States.  I also directed the United States Trade Representative (Trade Representative), in consultation with other executive branch officials, to pursue negotiation of agreements to address the threatened impairment of the national security of the United States with respect to imported automobiles and certain automobile parts from the European Union, Japan, and any other country the Trade Representative deems appropriate.

    3.  The Trade Representative’s negotiations did not lead to any agreements of the type contemplated by section 232.

    4.  In Proclamation 9888, I also directed the Secretary to monitor imports of automobiles and certain automobile parts and inform me of any circumstances that, in the Secretary’s opinion, might indicate the need for further action under section 232 with respect to such imports.

    5. The Secretary has informed me that, since the February 17, 2019, report, the national security concerns remain and have escalated.  The COVID-19 pandemic exposed critical vulnerabilities and choke points in global supply chains, undermining our ability to maintain a resilient domestic industrial base.  In recent years, American-owned automotive manufacturers have experienced numerous supply chain challenges, including material and parts input shortages, labor shortages and strikes, and electrical-component shortages.  Meanwhile, foreign automotive industries, propelled by unfair subsidies and aggressive industrial policies, have grown substantially.  Today, only about half of the vehicles sold in the United States are manufactured domestically, a decline that jeopardizes our domestic industrial base and national security, and the United States’ share of worldwide automobile production has remained stagnant since the February 17, 2019, report.  The number of employees in the domestic automotive industry has also not improved since the February 17, 2019, report. 

    6.  I am also advised that agreements entered into before the issuance of Proclamation 9888, such as the revisions to the United States-Korea Free Trade Agreement and the United States-Mexico-Canada Agreement (USMCA), have not yielded sufficient positive outcomes.  The threat to national security posed by imports of automobiles and certain automobile parts remains and has increased.  Investments resulting from other efforts, such as legislation, have also not yielded sufficient positive outcomes to eliminate the threat to national security from such imports.

    7.  After considering the current information newly provided by the Secretary, among other things, I find that imports of automobiles and certain automobile parts continue to threaten to impair the national security of the United States and deem it necessary and appropriate to impose tariffs, as defined below, to adjust imports of automobiles and certain automobile parts so that such imports will not threaten to impair national security.

    8.  To ensure that the imposition of tariffs on automobiles and certain automobile parts in this proclamation are not circumvented and that the purpose of this action to eliminate the threat to the national security of the United States by imports of automobiles and certain automobile parts is not undermined, I also deem it necessary and appropriate to establish processes to identify and impose tariffs on additional automobile parts, as further described below.

    9.  Section 232 provides that, in this situation, the President shall take such other actions as the President deems necessary to adjust the imports of the relevant article so that such imports will not threaten to impair national security.  

    10.  Section 604 of the Trade Act of 1974, as amended (19 U.S.C. 2483), authorizes the President to embody in the Harmonized Tariff Schedule of the United States (HTSUS) the substance of statutes affecting import treatment, and actions thereunder, including the removal, modification, continuance, or imposition of any rate of duty or other import restriction.

    NOW, THEREFORE, I, DONALD J. TRUMP, President of the United States of America, by the authority vested in me by the Constitution and the laws of the United States of America, including section 301 of title 3, United States Code; section 604 of the Trade Act of 1974, as amended; and section 232 of the Trade Expansion Act of 1962, as amended, do hereby proclaim as follows:
    (1)  Except as otherwise provided in this proclamation, all imports of articles specified in Annex I to this proclamation or in any subsequent annex to this proclamation, as set out in a subsequent notice in the Federal Register, shall be subject to a 25 percent tariff with respect to goods entered for consumption or withdrawn from warehouse for consumption, on or after 12:01 a.m. eastern daylight time on April 3, 2025, for automobiles, and on the date specified in the Federal Register for automobile parts, but no later than May 3, 2025, and shall continue in effect, unless such actions are expressly reduced, modified, or terminated.  The above ad valorem tariff is in addition to any other duties, fees, exactions, and charges applicable to such imported automobiles and certain automobile parts articles.
    (2)  For automobiles that qualify for preferential tariff treatment under the USMCA, importers of such automobiles may submit documentation to the Secretary identifying the amount of U.S. content in each model imported into the United States.  “U.S. content” refers to the value of the automobile attributable to parts wholly obtained, produced entirely, or substantially transformed in the United States.  Thereafter, the Secretary may approve imports of such automobiles to be eligible to apply the ad valorem tariff of 25 percent in clause (1) of this proclamation exclusively to the value of the non-U.S. content of the automobile.  The non-U.S. content of the automobile shall be calculated by subtracting the value of the U.S. content in an automobile from the total value of the automobile.
    (3)  If U.S. Customs and Border Protection (CBP) determines that the declared value of non-U.S. content of an automobile, as described in clause (2) of this proclamation, is inaccurate due to an overstatement of U.S. content, the 25 percent tariff shall apply to the full value of the automobile, regardless of the actual U.S. content of the automobile.  In addition, the 25 percent tariff shall be applied retroactively (from April 3, 2025, to the date of the inaccurate overstatement) and prospectively (from the date of the inaccurate overstatement to the date the importer corrects the overstatement, as verified by CBP) to the full value of all automobiles of the same model imported by the same importer.  This clause does not apply to or otherwise affect any other applicable fees or penalties.
    (4)  The ad valorem tariff of 25 percent described in clause (1) of this proclamation shall not apply to automobile parts that qualify for preferential treatment under the USMCA until such time that the Secretary, in consultation with CBP, establishes a process to apply the tariff exclusively to the value of the non-U.S. content of such automobile parts and publishes notice in the Federal Register.
    (5)  For avoidance of doubt, clause (4) of this proclamation does not apply to automobile knock-down kits or parts compilations.  Clause (4) of this proclamation applies only to individual automobile parts as defined by Annex I to this proclamation that otherwise meet the requirements of clause (4) of this proclamation.
    (6)  The Secretary, in consultation with the United States International Trade Commission and CBP, shall determine the modifications necessary to the HTSUS to effectuate this proclamation and shall make such modifications to the HTSUS through notice in the Federal Register.  
    (7)  Within 90 days of the date of this proclamation, the Secretary shall establish a process for including additional automobile parts articles within the scope of the tariffs described in clause (1) of this proclamation. In addition to inclusions made by the Secretary, this process shall provide for including additional automobile parts articles at the request of a domestic producer of an automobile or automobile parts article, or an industry association representing one or more such producers, where the request establishes that imports of additional automobile parts articles have increased in a manner that threatens to impair the national security or otherwise undermines the objectives set forth in any proclamation issued on the basis of the Secretary’s February 17, 2019, report or any additional information submitted to the President under clause (3) of Proclamation 9888 or clause (9) of this proclamation. When the Secretary receives such a request from a domestic producer or industry association, the Secretary, after consultation with the United States International Trade Commission and CBP, shall issue a determination regarding whether to include the articles within 60 days of receiving the request.  Any additional automobile parts articles that the Secretary has determined to be included within the scope of the tariffs described in clause (1) of this proclamation shall be so included on or after 12:01 a.m. eastern daylight time the day after a notice in the Federal Register describing the determination of the Secretary.  The notice in the Federal Register shall be made as soon as practicable but no later than 14 days after the Secretary’s determination.
    (8) Any automobile or automobile part, except those eligible for admission under “domestic status” as defined in 19 CFR 146.43, that is subject to the duty imposed by this proclamation and that is admitted into a United States foreign trade zone on or after the effective date of this proclamation, in accordance with clause (1) of this proclamation, must be admitted as “privileged foreign status” as defined in 19 CFR 146.41, and will be subject upon entry for consumption to any ad valorem rates of duty related to the classification under the applicable HTSUS subheading.
    (9)  The Secretary shall continue to monitor imports of automobiles and automobile parts.  The Secretary also shall, from time to time, in consultation with any senior executive branch officials the Secretary deems appropriate, review the status of such imports with respect to national security.  The Secretary shall inform the President of any circumstances that, in the Secretary’s opinion, might indicate the need for further action by the President under section 232.  The Secretary shall also inform the President of any circumstance that, in the Secretary’s opinion, might indicate that the increase in duty rate provided for in this proclamation is no longer necessary.
    (10)  No drawback shall be available with respect to the duties imposed pursuant to this proclamation.
    (11)  The Secretary may issue regulations and guidance consistent with this proclamation, including to address operational necessity.
    (12)  CBP may take any necessary or appropriate measures to administer the tariffs imposed by this proclamation.
    (13)  Any provision of previous proclamations and Executive Orders that is inconsistent with the actions taken in this proclamation is superseded to the extent of such inconsistency.
    IN WITNESS WHEREOF, I have hereunto set my hand this twenty-sixth day of March, in the year of our Lord two thousand twenty-five, and of the Independence of the United States of America the two hundred and forty-ninth.

    MIL OSI USA News

  • MIL-OSI Canada: Three companies sentenced under OHS law

    Source: Government of Canada regional news (2)

    MIL OSI Canada News

  • MIL-OSI USA: CFTC Staff Withdraws Advisory on Virtual Currency Derivative Product Listings

    Source: US Commodity Futures Trading Commission

    CFTC Staff Withdraws Advisory on Virtual Currency Derivative Product Listings | CFTC

    /PressRoom/PressReleases/9059-25
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    March 28, 2025

    WASHINGTON, D.C. — The Commodity Futures Trading Commission’s Division of Market Oversight and Division of Clearing and Risk announced they are withdrawing CFTC Staff Advisory No. 18-14, Advisory with Respect to Virtual Currency Derivative Product Listings, effective immediately. 
    As stated in today’s withdrawal letter, DMO and DCR determined to withdraw the advisory given additional staff experience with virtual currency derivative product listings and increasing market growth and maturity.

    -CFTC-

    MIL OSI USA News

  • MIL-OSI USA: CFTC Staff Withdraws Advisory on Review of Risks Related to Clearing Digital Assets

    Source: US Commodity Futures Trading Commission

    CFTC Staff Withdraws Advisory on Review of Risks Related to Clearing Digital Assets | CFTC

    /PressRoom/PressReleases/9060-25
    Skip to main content

    March 28, 2025

    WASHINGTON, D.C. — The Commodity Futures Trading Commission’s Division of Clearing and Risk today announced it is withdrawing CFTC Staff Advisory No. 23-07, Review of Risks Associated with Expansion of DCO Clearing of Digital Assets, effective immediately. 
    As stated in today’s withdrawal letter, DCR determined to withdraw the advisory to ensure that it does not suggest that its regulatory treatment of digital asset derivatives will vary from its treatment of other products. 

    -CFTC-

    MIL OSI USA News

  • MIL-OSI: American Rebel Launches Nationwide Ad Campaign on March 31 with 30 Second TV Spot, Complemented by Digital Media Across Leading Websites, to Increase Exposure of the Company and its Products to Millions of Viewers

    Source: GlobeNewswire (MIL-OSI)

    Plans to Utilize Digital Ads and Traditional Television Spots

    Nashville, TN, March 28, 2025 (GLOBE NEWSWIRE) — American Rebel Holdings, Inc. (NASDAQ: AREB) (“American Rebel” or the “Company”), creator of American Rebel Beer (americanrebelbeer.com) and a designer, manufacturer, and marketer of branded safes, personal security and self-defense products and apparel (americanrebel.com), has announced that it will launch an ad campaign to raise awareness and exposure for the Company. The Company anticipates running traditional television spots on CNBC and Fox Business as well as utilizing digital ads that will appear on many top-tier financial advice and investor education websites with combined monthly traffic of over 300 million followers.

    “When I speak with individual investors and our customers, they often express amazement that American Rebel has accomplished what it has in such a short period of time,” said American Rebel CEO Andy Ross. “Part of our responsibility to our stockholders is to educate the broader investment community about the Company’s achievements. First of all, we’ve developed an incredible beer that is all natural with no corn syrup or rice extract. We’ve developed striking and unique packaging that is very identifiable. We’ve created strong awareness in the distributor community and reached significant distribution agreements in multiple states. We’re front and center in the entertainment district in Nashville where we’re told more beer is sold in this particular several square mile area than anywhere else in the world. This story needs to be shared far and wide.”

    American Rebel has developed the TV and Digital Marketing Campaign in partnership with Martini & Partners Advertising, LLC and Martini & Partners will manage the ad placements. TV spots and digital ads are expected to begin on Monday, March 31. For more information on American Rebel, go to americanrebelbeer.com/investor-relations.

    Company highlights include access to the largest co-packer in the country that has capacity to brew over 230,000,000 cases of beer annually for its customers, American Rebel Beer has an experienced team of alcohol industry professionals with over 100 years of industry experience, and American Rebel Beer benefits from support from its publicly-traded parent company, American Rebel Holdings, Inc. (NASDAQ: AREB).

    American Rebel has contracted with many leading beer distributors in the country, including Clark Distributing Co and Stagnaro Distributing in Kentucky; Bonbright Distributors, Tramonte Distributing Co and Stagnaro Distributing in Ohio; Dichello Distributors in Connecticut; Gray Eagle Distributors in Missouri; Adams Beverages in North Carolina, Best Brands in Tennessee, Standard Beverage in Kansas, Mahaska Bottling Co in Iowa and Clark Beverage Group in Mississippi. These industry-leading distributors are part of the Miller/Coors Network, the Anheuser Busch Network or are a major independent distributor.

    American Rebel Beer also utilizes the musical and media assets of its CEO, Andy Ross. Andy has performed for American Rebel Beer launch parties at Kid Rock’s in Nashville, The Toad in Connecticut and the MAPS Air Museum in North Canton, OH. An April launch party is scheduled for Bowling Green, KY to support American Rebel Beer’s launch in the state of Kentucky. The company also plans Rebel Light Nights throughout the country to support individual on-premise locations. One very important performance is scheduled at Fort Campbell, KY to celebrate the Army’s 250th anniversary at the home of the 101st Airborne – the Screaming Eagles.

    CEO Andy Ross has appeared on Fox & Friends on Fox News, and segments on Newsmax and OAN (One America Network) to share the American Rebel story. He has also appeared on numerous local morning show network television broadcasts in San Diego, CA; Las Vegas, NV; Tampa, FL; Nashville, TN; and Kansas City, MO and multiple podcasts and radio interviews.

    About American Rebel Light Beer

    Produced in partnership with AlcSource, American Rebel Light Beer (americanrebelbeer.com) is a domestic premium light lager celebrated for its exceptional quality and patriotic values. It stands out as America’s Patriotic, God-Fearing, Constitution-Loving, National Anthem-Singing, Stand Your Ground Beer.

    American Rebel Light is a Premium Domestic Light Lager Beer – All Natural, Crisp, Clean and Bold Taste with a Lighter Feel. With approximately 100 calories, 3.2 carbohydrates, and 4.3% alcoholic content per 12 oz serving, American Rebel Light Beer delivers a lighter option for those who love great beer but prefer a more balanced lifestyle. It’s all natural with no added supplements and importantly does not use corn, rice, or other sweeteners typically found in mass produced beers.

    About American Rebel Holdings, Inc.

    American Rebel Holdings, Inc. (NASDAQ: AREB) has operated primarily as a designer, manufacturer and marketer of branded safes and personal security and self-defense products and has recently transitioned into the beverage industry through the introduction of American Rebel Beer. The Company also designs and produces branded apparel and accessories. To learn more, visit americanrebelbeer.com or americanrebel.com. For investor information, visit americanrebel.com/investor-relations.

    American Rebel Holdings, Inc.
    info@americanrebel.com

    American Rebel Beverages, LLC
    Todd Porter, President
    tporter@americanrebelbeer.com

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. American Rebel Holdings, Inc., (NASDAQ: AREB; AREBW) (the “Company,” “American Rebel,” “we,” “our” or “us”) desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “forecasts” “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements primarily on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include benefits of Nationwide Ad Campaign, success and availability of the promotional activities and ad campaigns, our ability to effectively execute our business plan, and the Risk Factors contained within our filings with the SEC, including our Annual Report on Form 10-K for the year ended December 31, 2023 and Form 10-Q for the quarter ended September 30, 2024. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as may be required by law.

    Company Contact:
    tporter@americanrebelbeer.com
    info@americanrebel.com

    For Media Inquiries Contact:
    Matt@Precisionpr.co

    Attachment

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