Category: Trade

  • MIL-OSI: ASML publishes agenda Annual General Meeting 2025

    Source: GlobeNewswire (MIL-OSI)

    ASML publishes agenda Annual General Meeting 2025
    Nomination Karien van Gennip as new member of the Supervisory Board

      
    VELDHOVEN, the Netherlands, March 5, 2025 – Today, ASML Holding NV (ASML) has published the agenda for the 2025 Annual General Meeting (AGM) which will be held in ASML’s TWINSCAN Auditorium in Veldhoven on Wednesday, on April 23, 2025, starting at 10:00 CET.

    The AGM will be organized in a hybrid format. Shareholders may attend the AGM in person or virtually.

    The agenda with the explanatory notes and other meeting documents are available on ASML’s website asml.com/agm2025.

    Changes to Supervisory Board
    ASML furthermore announces that Annet Aris will not stand for re-election as a member of the Supervisory Board at the end of her current term, which ends per the 2025 AGM.

    The Supervisory Board expresses its thanks to Annet Aris, who has served on the Supervisory Board since 2015, for her valuable contributions, in particular as Vice Chair of the Supervisory Board and member of the Remuneration, Selection & Nomination and Technology Committees. The Supervisory Board wishes her all the best for the future.

    The Supervisory Board nominates Karien van Gennip for appointment as a member of the Supervisory Board effective from the 2025 AGM. Karien van Gennip, a Dutch citizen, has a wealth of leadership experience spanning professional services, financial services, and public policy. Most recently, between January 2022 and July 2024, Karien van Gennip served as the Minister of Social Affairs and Employment and Deputy Prime Minister in the Dutch government.

    With an educational background in physics from Delft University of Technology, and an MBA from INSEAD, Karien van Gennip worked as a consultant at McKinsey & Company in the early stages of her professional career. She transitioned to leadership roles in the public domain and in finance, serving as a Director Supervision at the Dutch Authority for Financial Markets, Secretary of State of Economic Affairs/Minister for Foreign Trade in the Dutch government between 2003 and 2007, and as a Member of the Dutch Parliament between 2006 and 2008. Karien van Gennip held various management positions at ING between 2008 and 2020, most recently as the CEO of ING France, after which she served as the CEO of Dutch healthcare insurer VGZ until 2022.

    “We are very pleased to nominate Karien van Gennip for appointment to our Supervisory Board. With her broad background and rich experience, the Supervisory Board expects that she will bring great value and new perspectives to the Supervisory Board,” said Nils Andersen, Chair of the Supervisory Board.

    The agenda of the 2025 AGM also includes the nomination to reappoint Birgit Conix as a member of the Supervisory Board for four years, effective April 23, 2025. Terri Kelly has been elected as the Vice-Chair of the Supervisory Board, following the retirement of Annet Aris.

    Media Relations contacts Investor Relations contacts
    Monique Mols +31 6 5284 4418 Jim Kavanagh +31 40 268 3938
    Sarah de Crescenzo +1 925 899 8985 Pete Convertito +1 203 919 1714
    Karen Lo +886 9 397 88635 Peter Cheang +886 3 659 6771

      
    About ASML
    ASML is a leading supplier to the semiconductor industry. The company provides chipmakers with hardware, software and services to mass produce the patterns of integrated circuits (microchips). Together with its partners, ASML drives the advancement of more affordable, more powerful, more energy-efficient microchips. ASML enables groundbreaking technology to solve some of humanity’s toughest challenges, such as in healthcare, energy use and conservation, mobility and agriculture. ASML is a multinational company headquartered in Veldhoven, the Netherlands, with offices across EMEA, the US and Asia. Every day, ASML’s more than 44,000 employees (FTE) challenge the status quo and push technology to new limits. ASML is traded on Euronext Amsterdam and NASDAQ under the symbol ASML. Discover ASML – our products, technology and career opportunities – at www.asml.com.

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    The MIL Network

  • MIL-OSI Asia-Pac: Tech chief begins Spain trip

    Source: Hong Kong Information Services

    Secretary for Innovation, Technology & Industry Prof Sun Dong visited Barcelona in Spain and attended the Mobile World Congress 2025 with a delegation of Hong Kong’s innovation and technology (I&T) sector yesterday.

     

    The Hong Kong Science & Technology Parks Corporation (HKSTPC) and Hong Kong Trade Development Council (HKTDC) co-ordinated the participation of Hong Kong’s I&T enterprises and institutions in the congress to set up the Hong Kong Tech Pavilion, showcasing the latest solutions in advanced electronics and robotics, artificial intelligence and data technology, digital transformation and the startup ecosystem.

     

    Prof Sun attended the networking reception at the pavilion and witnessed the signing of a memorandum of understanding between the HKTDC and the Barcelona City Council to promote trade and business relations between enterprises in the two places, and collaboration between the HKSTPC and 22@Network Barcelona to enhance the global connection of startups.

     

    Afterwards, he met Secretary of State for Science, Innovation, & Universities of Spain Juan Cruz Cigudosa to discuss issues of mutual interest, including strengthening bilateral co-operation in technological innovation and research.

     

    Additionally, Prof Sun and the delegation visited the Barcelona Biomedical Research Park, one of the largest biomedical research clusters in Southern Europe bringing together research centres and researchers in biomedical fields.

     

    The delegation focused on its cross-institutional collaboration model and clinical transformation outcome and applications, as well as various support services provided to the research centres in the park.

     

    They also toured the headquarters of ISDIN, a cosmeceutical brand, and learnt about its solutions for dermatology conditions and research achievements in products.

     

    Prof Sun encouraged the company to leverage on Hong Kong’s unique international business environment as well as its distinctive advantage of connecting with both the Mainland and the world to expand business in Hong Kong, the Mainland and the Asian market.

     

    While attending the Chinese New Year reception hosted by the Hong Kong Economic & Trade Office in Brussels in the evening, the technology chief shared with the leaders and executives of the business and political sectors and I&T community in Barcelona the vision and efforts of Hong Kong to develop into an international I&T centre.

     

    Also during the reception, he had a brief exchange with Consul General of the People’s Republic of China in Barcelona Meng Yuhong.

     

    After arriving in Barcelona a day earlier, Prof Sun visited the Barcelona Activa, a public trading company integrated in the area of Economy & Economic Promotion of Barcelona City Council, and met Chief Executive Officer of Catalonia Trade & Investment Office Agency for Business Competitiveness Jaume Baró.

     

    On the same day, he had dinner with representatives of the participating I&T enterprises and organisations.

     

    Prof Sun will continue his visit in Barcelona today where he plans to deliver a keynote speech at the Global System for Mobile Communications Association Ministerial Programme session of the Mobile World Congress.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: President Lai meets US Heritage Foundation founder Dr. Edwin Feulner

    Source: Republic of China Taiwan

    Details
    2025-03-04
    President Lai attends opening ceremony of GCTF Workshop on Whole-of-Society Resilience Building, Preparation, and Response
    On the morning of March 4, President Lai Ching-te attended the opening ceremony of the Global Cooperation and Training Framework (GCTF) Workshop on Whole-of-Society Resilience Building, Preparation, and Response. In remarks, President Lai stated that global challenges such as extreme weather, pandemics, and energy crises continue to emerge, and growing authoritarianism presents a grave threat to freedom-loving countries. These challenges have no borders, he said, and absolutely no single country can face them alone. The president said that as a responsible member of the international community, Taiwan is both willing and able to contribute even more to the democracy, peace, and prosperity of the world, and that the GCTF is an important platform where Taiwan can make those contributions by sharing its experiences with the rest of the world. President Lai indicated that Taiwan will join the forces of the central and local governments to enhance social resilience across the board, enhance disaster response capabilities in the community, and leverage its strengths to make contributions to the international community. He said that we are demonstrating to the world our determination to create an even more resilient Taiwan, and expressed hope to advance mutual assistance and exchanges with all the countries involved, so that we can together promote stability and prosperity around the world. A transcript of President Lai’s remarks follows: To begin, I would like to welcome more than 60 distinguished guests from 30 countries, as well as experts from Taiwan. You are all here for this GCTF workshop to discuss whole-of-society resilience building, preparation, and response. As a responsible member of the international community, Taiwan is both willing and able to contribute even more to the democracy, peace, and prosperity of the world. The GCTF is an important platform where Taiwan can make those contributions by sharing its experiences with the rest of the world. I want to thank our full GCTF partners, the United States, Japan, Australia, and Canada. Over the past several years, we have worked with even more countries through this framework and have expanded our exchanges into even more fields. Together, we have met all kinds of new challenges. I am confident that as our cooperation grows stronger, so will our ability to promote global progress. Each of today’s guests is contributing a vital force in that regard. I extend my sincere thanks to you all. Global challenges such as extreme weather, pandemics, and energy crises continue to emerge. And growing authoritarianism presents a grave threat to freedom-loving countries. These challenges have no borders, and absolutely no single country can face them alone. Taiwan holds a key position on the first island chain, and stands at the very frontline of the defense of democracy. With this joint workshop, we are demonstrating to the world our determination to create an even more resilient Taiwan. We are also aiming to advance our mutual assistance and exchanges with all the countries involved, so that we can make our societies more resilient and together promote stability and prosperity around the world. Moving forward, we will continue advancing the following three initiatives: First, we will join the forces of the central and local governments to enhance social resilience across the board. Just last year, I established the Whole-of-Society Defense Resilience Committee at the Presidential Office. Civilian force training, strategic material preparation, and critical infrastructure operation and maintenance are all key discussion areas for our committee. These aim to enhance Taiwan’s resilience in national defense, economic livelihoods, disaster prevention, and democracy. They are also items on the agenda for this GCTF workshop. To cover all the bases, Taiwan must unite and cooperate as a team. Last year, our committee held the very first cross-sector tabletop exercise at the Presidential Office which included central and local government officials as well as civilian observers. We aim to test the government’s emergency response capabilities in high-intensity gray-zone operations and near-conflict situations. We will continue to hold exercises to help the central and local governments work together more efficiently, and strengthen Taiwan’s overall disaster response capabilities. Second is to enhance disaster response capabilities in the community. We fully understand that to build whole-of-society resilience, we must help people increase risk awareness, know how to respond to disasters, and develop abilities to help themselves, help one another, and work together. We are grateful to the American Institute in Taiwan (AIT) for collaborating with the Taiwan Development Association for Disaster Medical Teams to host “Take Action” workshops around the country since 2021. A 2.0 version is already in practice, and continues to train the public in first aid skills. Director of the AIT Taipei Office Raymond Greene and I took part in a Take Action event in New Taipei City last year and personally saw the positive outcomes of the training. In addition to the Take Action workshops, the government is also providing Disaster Relief Volunteer training for ages 11 to 89, and is continuing to expand its target audience. We have also set up Taiwan Community Emergency Response Teams at key facilities nationwide, enhancing the ability of these important facilities to respond independently to disasters. Civilian training will continue to be refined and expanded so that members of the public can serve as important partners in government-led disaster prevention and relief. Third, we will leverage Taiwan’s strengths to make contributions to the international community. The inspiration for our Disaster Relief Volunteer training comes from a similar program run by The Nippon Care-Fit Education Institute in Japan. I am confident that through exchanges like this workshop, Taiwan and other countries can also inspire one another in many areas, and enhance whole-of-society resilience in multiple ways. Taiwan also excels in information and communications and advanced technology. We will set up even more robust cybersecurity systems, expand usage of emerging technologies, and improve the ways we maintain domestic security. We hope that by leveraging our capabilities and sharing our experiences, Taiwan can contribute even more to the international community. I want to welcome all our partners once again, and thank AIT for co-hosting this event. Let’s continue down the path of advancing global security and developing resilience together. Because together, we can travel farther, and we can travel longer. Also in attendance at the event were Japan-Taiwan Exchange Association Deputy Representative Takaba Yo, Australian Office in Taipei Representative Robert Fergusson, and Canadian Trade Office in Taipei Executive Director Jim Nickel.

    Details
    2025-02-24
    President Lai meets Japanese House of Representatives Member Tamaki Yuichiro
    On the afternoon of February 24, President Lai Ching-te met with Japanese House of Representatives Member Tamaki Yuichiro. In remarks, President Lai noted that Taiwan and Japan are important trading partners. The president expressed hope that, in addition to semiconductors, Taiwan and Japan can also bolster cooperation in the fields of hydrogen energy and drones and build non-red supply chains, thus creating economic win-win situations and maintaining peace and stability in the Indo-Pacific region and globally. A translation of President Lai’s remarks follows: I would like to start by warmly welcoming Representative Tamaki on his first trip to Taiwan. Now is a key moment for the cooperative ties between Taiwan and Japan, and the fact that Representative Tamaki has chosen to take time out of his busy schedule to make this trip demonstrates his especially meaningful support for Taiwan. For this I want to express my deepest gratitude. At the beginning of this month, Japan and the United States held a summit meeting. In the post-summit joint leaders’ statement the government of Japan reiterated the importance of maintaining peace and stability across the Taiwan Strait, opposed any attempts to unilaterally change the status quo by force or coercion, and expressed support for Taiwan’s meaningful participation in international organizations. I would like to thank the government of Japan for these statements. Taiwan and Japan are both responsible members of the international community. I welcome an even firmer friendship between Japan and the US and hope to see cooperation among Taiwan, Japan, and the US become a solid force in consolidating peace and stability in the Indo-Pacific region. In addition to complex international conditions, we now also face the threat of China’s red supply chain. More and more countries are becoming increasingly concerned about such issues as economic security and supply chain resilience. As authoritarianism consolidates, democratic nations must also come closer in solidarity. Taiwan and Japan are important trading partners. I hope that, in addition to semiconductors, Taiwan and Japan can also bolster cooperation in the fields of hydrogen energy and drones, and that we can build non-red supply chains, thus creating economic win-win situations and maintaining peace and stability in the Indo-Pacific region and globally. Lastly, I would like once again to welcome Representative Tamaki to Taiwan and wish him a successful visit. I hope he departs Taiwan with a deep impression and that he will visit again. Representative Tamaki then delivered remarks, noting that this was his first visit to Taiwan and thanking President Lai and officials of the Taiwan government for their warm welcome. Pointing out that Taiwan-Japan ties are closer than ever thanks to the major efforts made on this front by President Lai since taking office, Representative Tamaki expressed his admiration and gratitude. Representative Tamaki pointed out that in a changing global landscape, Taiwan, Japan, and the Indo-Pacific region all face major changes, but he firmly believes that Taiwan-Japan relations will develop even further. Recalling President Lai’s previous remarks, the representative said that Japan and the US recently held a summit meeting that yielded important results. In the joint leaders’ statement, he noted, the two sides made a clear commitment regarding peace and stability across the Taiwan Strait and firmly opposed any attempts to unilaterally change the status quo by force or coercion. Representative Tamaki said that the ruling Liberal Democratic Party and the Komeito did not win a majority in last year’s House of Representatives general elections, while the number of seats held by his own Democratic Party for the People quadrupled. This result, he said, has filled him with a feeling of great responsibility. Moving forward, he intends to continue promoting Taiwan-Japan cooperation and strengthening relations. Also in attendance at the meeting was Japan-Taiwan Exchange Association Taipei Office Chief Representative Katayama Kazuyuki.

    Details
    2025-02-21
    President Lai meets Abe Akie, wife of late Prime Minister Abe Shinzo of Japan
    On the morning of February 21, President Lai Ching-te met with Abe Akie, the wife of late Prime Minister Abe Shinzo of Japan. In remarks, President Lai thanked Mrs. Abe for carrying on the legacy of former Prime Minister Abe, being a benevolent and determined force for regional peace and prosperity, and calling on all parties to continue to place attention on peace in the Taiwan Strait. The president stated that Taiwan will carry on the legacy and spirit of former President Lee Teng-hui and former Prime Minister Abe, safeguard the values of freedom and democracy, and deepen the Taiwan-Japan friendship. A translation of President Lai’s remarks follows: Last May, Mrs. Abe came to Taiwan to attend the inauguration ceremony for myself and Vice President Bi-khim Hsiao, and we reminisced about the past here at the Presidential Office. I would like to warmly welcome her back today. I am also delighted to be meeting with all guests in attendance. Yesterday, Mrs. Abe and I attended the opening of the very first Halifax Taipei forum, for which Mrs. Abe also delivered a keynote speech earlier today. In her speech, she offered valuable input on global security and democratic development. I would like to thank Mrs. Abe for making this special trip to Taiwan to take part, showing her strong support for Taiwan. Former Prime Minister Abe pioneered the vision of a free and open Indo-Pacific, and called on the international community to pay attention to peace and stability in the Taiwan Strait and Indo-Pacific. These have become common strategic goals of democratic countries around the world and will have a far-reaching influence over international developments and Taiwan’s security. They were important contributions that former Prime Minister Abe made in regard to the Taiwan Strait and the Indo-Pacific region. Recently, current Prime Minister of Japan Ishiba Shigeru and United States President Donald Trump held a meeting and jointly reiterated the importance of peace and stability across the Taiwan Strait, as well as opposed unilateral changes to the status quo by force or coercion. They also expressed support for Taiwan’s participation in international organizations. This shows that Prime Minister Ishiba is furthering the legacy of former Prime Minister Abe. We are very grateful for the former prime minister’s friendship toward Taiwan, and to Mrs. Abe for carrying on his legacy. Mrs. Abe is a benevolent and determined force for regional peace and prosperity, and has called on all parties at numerous public venues to continue to place attention on peace in the Taiwan Strait. Last December, for instance, she traveled at the invitation of President Trump and his wife to the US, where she addressed cross-strait issues and spoke up for Taiwan. We were deeply moved by this. As authoritarian states continue to expand, Taiwan will keep working alongside like-minded nations such as Japan and the US, as well as the European Union, to jointly contribute to regional and global peace and prosperity. I look forward to continued advancement of regional peace and prosperity with the help of Mrs. Abe’s efforts. Mrs. Abe will also be meeting with daughter of former President Lee and Lee Teng-hui Foundation Chairperson Annie Lee (李安妮) tomorrow. Former President Lee and former Prime Minister Abe were both fully devoted to promoting Taiwan-Japan relations. We will carry on their legacy and spirit, safeguard the values of freedom and democracy, and deepen the Taiwan-Japan friendship. In closing, I wish you all a smooth and successful visit. Mrs. Abe then delivered remarks, first expressing her sincere thanks to President Lai for taking the time to meet. She said that former Prime Minister Abe hailed from Yamaguchi Prefecture, and that accompanying her that day were House of Councillors Member Kitamura Tsuneo, Yamaguchi Prefecture Governor Muraoka Tsugumasa, Yamaguchi Prefectural Assembly Deputy Speaker Shimata Noriaki, and many other important figures from Yamaguchi. If former Prime Minister Abe’s spirit could look upon this scene, she said, he would certainly be very pleased. Mrs. Abe recalled that when the former prime minister passed away, then-Vice President Lai traveled to their official residence to express his condolences and pay tribute. She said that she will never forget such a gesture of deep friendship, heartfelt condolences, and care. The year before last, she indicated, a memorial photo exhibition for former Prime Minister Abe was held in Taiwan, and many Taiwanese people from all walks of life came to view it. Last year, Mrs. Abe continued, she had the privilege of attending President Lai’s inauguration ceremony, where she met with many friends from Taiwan and personally felt the close and beautiful ties that Taiwan and Japan share. Mrs. Abe stated that she will carry out the wishes of former Prime Minister Abe and do her utmost to help raise Taiwan-Japan relations to new heights, saying that she looks forward to hearing the advice that President Lai and all those present have to offer. The delegation also included Japan-Taiwan Exchange Association Taipei Office Chief Representative Katayama Kazuyuki.

    Details
    2025-02-20
    President Lai attends opening of 2025 Halifax Taipei forum
    On the afternoon of February 20, President Lai Ching-te attended the opening of the 2025 Halifax Taipei forum. In remarks, President Lai thanked the Halifax International Security Forum for their strong support for Taiwan, and for having chosen Taiwan as the first location outside North America to hold a forum. Noting that we face a complex global landscape, the president called on the international community to take action. He said that as authoritarianism consolidates, democratic nations must also come closer in solidarity, and called on the international community to create non-red global supply chains, as well as unite to usher in peace. President Lai emphasized that Taiwan will work toward maintaining peace and stability in the Taiwan Strait, and collaborate with democratic partners to form a global alliance for the AI chip industry and together greet a bright, new era. A transcript of President Lai’s remarks follows: To begin, I want to give a warm welcome to all the distinguished guests here at the very first Halifax Taipei forum. The Halifax International Security Forum, held every year in Canada, has been an important gathering for freedom-loving nations worldwide. I would like to thank Halifax and President [Peter] Van Praagh for their strong support for Taiwan. Every year since 2018, Taiwan has been invited to participate in the forum. Last year, former President Tsai Ing-wen was invited to speak, and this year, Halifax has chosen Taiwan as the first location outside North America to hold a forum. As President Van Praagh has said, “While the security challenges ahead are too big for any single country to solve alone, there is no challenge that can’t be met when the world’s democracies work together.” Today, we have world leaders and experts who traveled from afar to be here, showing that they value and support Taiwan. It demonstrates solidarity among democracies and the determination to take on challenges as one. I would like to express my gratitude and admiration to all of you for serving as defenders of freedom. At this very moment, Russia’s invasion of Ukraine is still ongoing. Authoritarian regimes including China, Russia, North Korea, and Iran continue to consolidate. China is hurting economies around the world through its dumping practices. We face grave challenges to global economic order, democracy, freedom, peace, and stability. Taiwan holds a key position on the first island chain, directly facing an authoritarian threat. But we will not be intimidated. We will stand firm and safeguard our national sovereignty, maintain our free and democratic way of life, and uphold peace and stability across the Taiwan Strait. Taiwan cherishes peace, but we also have no delusions about peace. We will uphold the spirit of peace through strength, using concrete actions to build a stronger Taiwan and bolster the free and democratic community. I sincerely thank the international community for continuing to attach importance to the situation in the Taiwan Strait. Recently, US President Donald Trump and Japan’s Prime Minister Ishiba Shigeru issued a joint leaders’ statement expressing their firm support for peace and stability across the Taiwan Strait, and for Taiwan’s participation in international affairs. As we face a complex global landscape, I call on the international community to take the following actions: First, as authoritarianism consolidates, democratic nations must also come closer in solidarity. Just a few days ago, the top diplomats of the US, Japan, and South Korea held talks, underlining the importance of maintaining peace and stability across the Taiwan Strait. They also conveyed their stance against “any effort to destabilize democratic institutions, economic independence, and global security.” On these issues, Taiwan will also continue to contribute its utmost. I recently announced that we will prioritize special budget allocations to ensure that our defense budget exceeds 3 percent of GDP.  Soon after I assumed office last year, I formed the Whole-of-Society Defense Resilience Committee at the Presidential Office. This committee aims to combine the strengths of government and civil society to enhance our resilience in national defense, economic livelihoods, disaster prevention, and democracy. We will also deepen our strategic partnerships in the democratic community to mutually increase defense resilience, demonstrate deterrence, and achieve our goal of peace throughout the world. Second, let’s create non-red global supply chains.  For the democratic community to deter the expansion of authoritarianism, it must have strong technological capabilities. These can serve as the backbone of national defense, promote industrial development, and enhance economic resilience. So, in addressing China’s red supply chain and the impact of its dumping, Taiwan is willing and able to work with global democracies to maintain the technological strengths among our partners and build resilient non-red supply chains. As a major semiconductor manufacturing nation, Taiwan will introduce an initiative on semiconductor supply chain partnerships for global democracies. We will collaborate with our democratic partners to form a global alliance for the AI chip industry and establish democratic supply chains for industries connected to high-end chips. The achievements of today’s semiconductor industry in Taiwan can be attributed to our collective efforts. Government, industry, academia, and research institutions had to overcome various challenges over the last 50 years for us to secure this position.  We hope Taiwan can serve as a base for linking the capabilities of our democratic partners so that each can play a suitable role in the semiconductor industry chain and develop its own strengths, deepening our mutually beneficial cooperation in technology. This benefits all of us. Moreover, it allows us to further enhance deterrence and maintain global security. Third, let’s unite to usher in peace. China has not stopped intimidating Taiwan politically and militarily. Last year, China launched several large-scale military exercises in the Taiwan Strait. Its escalation of gray-zone aggression now poses a grave threat to the peace and stability of the Indo-Pacific region. As a responsible member of the international community, Taiwan will maintain the status quo. We will not seek conflict. Rather, we are willing to engage in dialogue with China, under the principles of parity and dignity, and work toward maintaining peace and stability in the Taiwan Strait. As the agenda of this forum suggests, democracy and freedom create more than just opportunities; they also bring resilience, justice, partnerships, and security. Taiwan will continue working alongside its democratic partners to greet a bright, new era. Once again, a warm welcome to all of you. I wish this forum every success. Thank you. Also in attendance at the event were Mrs. Abe Akie, wife of the late former Prime Minister Abe Shinzo of Japan, and Halifax International Security Forum President Van Praagh.

    Details
    2025-02-18
    President Lai meets British-Taiwanese All-Party Parliamentary Group delegation
    On the morning of February 18, President Lai Ching-te met with a delegation from the British-Taiwanese All-Party Parliamentary Group (APPG). In remarks, President Lai thanked the delegation members, the Parliament of the United Kingdom, and the UK government for continuing to demonstrate support for Taiwan through a variety of means. He also stated that Taiwan-UK relations have advanced significantly in recent years, noting that the Taiwan-UK Enhanced Trade Partnership (ETP) is the first institutionalized economic and trade framework signed between Taiwan and any European country. The president said he looks forward to continuing to deepen Taiwan-UK relations and jointly maintaining regional and global peace and stability, and indicated that together, we can create win-win developments for both Taiwan and the UK and Taiwan and European nations. A translation of President Lai’s remarks follows: This is the first UK parliamentary delegation of the current session to visit Taiwan. On behalf of the people of Taiwan, I extend my sincerest welcome to you all. APPG Chair Sarah Champion visited Taiwan last May to attend the inauguration ceremony of myself and Vice President Bi-khim Hsiao. In July, she also attended the annual summit of the Inter-Parliamentary Alliance on China (IPAC), which was held in Taipei. I am delighted that we are meeting once again. Taiwan-UK relations have advanced significantly in recent years. I would especially like to thank our distinguished guests, as well as the UK Parliament and government, for continuing to demonstrate support for Taiwan through a variety of means. For example, the House of Commons held a debate on Taiwan’s international status last November. After the debate, a motion was unanimously passed affirming that United Nations General Assembly (UNGA) Resolution 2758 does not mention Taiwan. Responding to the motion, Parliamentary Under-Secretary of State Catherine West stated that the UK opposes any attempt to broaden the interpretation of the resolution to rewrite history. This highlighted concrete progress in Taiwan-UK bilateral relations. I would also like to thank the UK Parliament and government for openly opposing on multiple occasions any unilateral change to the status quo across the Taiwan Strait, and for emphasizing that the security of the Indo-Pacific and transatlantic regions is closely intertwined. We look forward to continuing to deepen Taiwan-UK relations and jointly maintaining regional and global peace and stability. Together, we can create win-win developments for both Taiwan and the UK and Taiwan and European nations. For example, the Taiwan-UK ETP is the first institutionalized economic and trade framework signed between Taiwan and any European country. We hope to swiftly conclude negotiations on signing sub-arrangements on investment, digital trade, and energy and net-zero transition. This will facilitate even more exchanges and cooperation between Taiwan and the UK. We also hope that the UK will continue to support Taiwan’s accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. Together, we can build even more resilient global supply chains and further contribute to global prosperity and development. I believe that this visit adds to a strong and solid foundation for future Taiwan-UK cooperation. Thank you once again for backing Taiwan. I wish you a fruitful and successful visit. Chair Champion then delivered remarks, thanking President Lai for his warm welcome and for the hospitality he has shown to her and the delegation, and thanking Taiwan’s excellent team of officials for their care and attention. Chair Champion expressed that she thinks the IPAC conference held in Taiwan at the end of July last year was very significant, with legislators from 23 countries coming to show support for Taiwan, adding that that is something they have built on since the conference. She stated that she is also very proud that the UK Parliament supported the motion which made very clear that UNGA Resolution 2758 is specific to China and only to China, expressing that it was important and powerful that they recognize that. The chair went on to say that after the UK’s general election, more than half of the members of parliament are now new. She said she is very proud that there are new MPs as part of the delegation, and that she hopes it gives President Lai reassurance that their commitment to Taiwan is still there.  Chair Champion emphasized that the all-party group is important because it is indeed all-party, and that they work together for their common interests, stating that the common interest for the UK and for the world is to maintain Taiwan’s sovereignty. She also noted that the United States has now come out very much in support of Taiwan, which she said she hopes encourages other countries around the world to do the same. Chair Champion said that the UK will be going into the 27th trade negotiation with Taiwan, and that they hope the partnership that develops is very fruitful. The chair closed by saying that it is wonderful for the delegation to be meeting President Lai, as well as legislators and ministers, and to be understanding more about the culture of Taiwan so that they can build a deeper, longer-lasting friendship. The delegation also included Lord Purvis of Tweed of the House of Lords and Members of Parliament Ben Spencer, Helena Dollimore, Noah Law, and David Reed. The delegation was accompanied to the Presidential Office by Political and Communications Director at the British Office in Taipei Natasha Harrington.  

    Details
    2025-02-14
    President Lai holds press conference following high-level national security meeting
    On the morning of February 14, President Lai Ching-te convened the first high-level national security meeting of the year, following which he held a press conference. In remarks, President Lai announced that in this new year, the government will prioritize special budget allocations to ensure that Taiwan’s defense budget exceeds 3 percent of GDP. He stated that the government will also continue to reform national defense, reform our legal framework for national security, and advance our economic and trade strategy of being rooted in Taiwan while expanding globally. The president also proposed clear-cut national strategies for Taiwan-US relations, semiconductor industry development, and cross-strait relations. President Lai indicated that he instructed the national security and administrative teams to take swift action and deliver results, working within a stable strategic framework and according to the various policies and approaches outlined. He also instructed them to keep a close watch on changes in the international situation, seize opportunities whenever they arise, and address the concerns and hope of the citizens with concrete actions. He expressed hope that as long as citizens remain steadfast in their convictions, are willing to work hand in hand, stand firm amidst uncertainty, and look for ways to win within changing circumstances, Taiwan is certain to prevail in the test of time yet again. A translation of President Lai’s remarks follows: First, I would like to convey my condolences for the tragic incident which occurred at the Shin Kong Mitsukoshi department store in Taichung, which resulted in numerous casualties. I have instructed Premier Cho Jung-tai (卓榮泰) to lead the relevant central government agencies in assisting Taichung’s municipal government with actively resolving various issues regarding the incident. It is my hope that these issues can be resolved efficiently. Earlier today, I convened this year’s first high-level national security meeting. I will now report on the discussions from the meeting to all citizens. 2025 is a year full of challenges, but also a year full of hope. In today’s global landscape, the democratic world faces common threats posed by the convergence of authoritarian regimes, while dumping and unfair competition from China undermine the global economic order. A new United States administration was formed at the beginning of the year, adopting all-new strategies and policies to address challenges both domestic and from overseas. Every nation worldwide, including ours, is facing a new phase of changes and challenges. In face of such changes, ensuring national security, ensuring Taiwan’s indispensability in global supply chains, and ensuring that our nation continues to make progress amidst challenges are our top priorities this year. They are also why we convened a high-level national security meeting today. At the meeting, the national security team, the administrative team led by Premier Cho, and I held an in-depth discussion based on the overall state of affairs at home and abroad and the strategies the teams had prepared in response. We summed up the following points as an overall strategy for the next stage of advancing national security and development. First, for overall national security, so that we can ensure the freedom, democracy, and human rights of the Taiwanese people, as well as the progress and development of the nation as we face various threats from authoritarian regimes, Taiwan must resolutely safeguard national sovereignty, strengthen self-sufficiency in national defense, and consolidate national defense. Taiwan must enhance economic resilience, maintain economic autonomy, and stand firm with other democracies as we deepen our strategic partnerships with like-minded countries. As I have said, “As authoritarianism consolidates, democratic nations must come closer in solidarity!” And so, in this new year, we will focus on the following three priorities: First, to demonstrate our resolve for national defense, we will continue to reform national defense, implement whole-of-society defense resilience, and prioritize special budget allocations to ensure that our defense budget exceeds 3 percent of GDP. Second, to counter the threats to our national security from China’s united front tactics, attempts at infiltration, and cognitive warfare, we will continue with the reform of our legal framework for national security and expand the national security framework to boost societal resilience and foster unity within. Third, to seize opportunities in the restructuring of global supply chains and realignment of the economic order, we will continue advancing our economic and trade strategy of being rooted in Taiwan while expanding globally, strengthening protections for high-tech, and collaborating with our friends and allies to build supply chains for global democracies. Everyone shares concern regarding Taiwan-US relations, semiconductor industry development, and cross-strait relations. For these issues, I am proposing clear-cut national strategies. First, I will touch on Taiwan-US relations. Taiwan and the US have shared ideals and values, and are staunch partners within the democratic, free community. We are very grateful to President Donald Trump’s administration for their continued support for Taiwan after taking office. We are especially grateful for the US and Japan’s joint leaders’ statement reiterating “the importance of maintaining peace and stability across the Taiwan Strait as an indispensable element of security and prosperity for the international community,” as well as their high level of concern regarding China’s threat to regional security. In fact, the Democratic Progressive Party government has worked very closely with President Trump ever since his first term in office, and has remained an international partner. The procurement of numerous key advanced arms, freedom of navigation critical for security and stability in the Taiwan Strait, and many assisted breakthroughs in international diplomacy were made possible during this time. Positioned in the first island chain and on the democratic world’s frontline countering authoritarianism, Taiwan is willing and will continue to work with the US at all levels as we pursue regional stability and prosperity, helping realize our vision of a free and open Indo-Pacific. Although changes in policy may occur these next few years, the mutual trust and close cooperation between Taiwan and Washington will steadfastly endure. On that, our citizens can rest assured. In accordance with the Taiwan Relations Act and the Six Assurances, the US announced a total of 48 military sales to Taiwan over the past eight years amounting to US$26.265 billion. During President Trump’s first term, 22 sales were announced totaling US$18.763 billion. This greatly supported Taiwan’s defensive capabilities. On the foundation of our close cooperation with the past eight years’ two US administrations, Taiwan will continue to demonstrate our determination for self-defense, accelerate the bolstering of our national defense, and keep enhancing the depth and breadth of Taiwan-US security cooperation, along with all manner of institutional cooperation. In terms of bilateral economic cooperation, Taiwan has always been one of the US’s most reliable trade partners, as well as one of the most important cooperative partners of US companies in the global semiconductor industry. In the past few years, Taiwan has greatly increased both direct and indirect investment in the US. By 2024, investment surpassed US$100 billion, creating nearly 400,000 job opportunities. In 2023 and 2024, investment in the US accounted for over 40 percent of Taiwan’s overall foreign investment, far surpassing our investment in China. In fact, in 2023 and 2024, Taiwanese investment in China fell to 11 percent and 8 percent, respectively. The US is now Taiwan’s biggest investment target. Our government is now launching relevant plans in accordance with national development needs and the need to establish secure supply systems, and the Executive Yuan is taking comprehensive inventory of opportunities for Taiwan-US economic and trade cooperation. Moving forward, close bilateral cooperation will allow us to expand US investment and procurement, facilitating balanced trade. Our government will also strengthen guidance and support for Taiwanese enterprises on increasing US investment, and promote the global expansion and growth of Taiwan’s industries. We will also boost Taiwan-US cooperation in tech development and manufacturing for AI and advanced semiconductors, and work together to maintain order in the semiconductor market, shaping a new era for our strategic economic partnership. Second, the development of our semiconductor industry. I want to emphasize that Taiwan, as one of the world’s most capable semiconductor manufacturing nations, is both willing and able to address new situations. With respect to President Trump’s concerns about our semiconductor industry, the government will act prudently, strengthen communications between Taiwan and the US, and promote greater mutual understanding. We will pay attention to the challenges arising from the situation and assist businesses in navigating them. In addition, we will introduce an initiative on semiconductor supply chain partnerships for global democracies. We are willing to collaborate with the US and our other democratic partners to develop more resilient and diversified semiconductor supply chains. Leveraging our strengths in cutting-edge semiconductors, we will form a global alliance for the AI chip industry and establish democratic supply chains for industries connected to high-end chips. Through international cooperation, we will open up an entirely new era of growth in the semiconductor industry. As we face the various new policies of the Trump administration, we will continue to uphold a spirit of mutual benefit, and we will continue to communicate and negotiate closely with the US government. This will help the new administration’s team to better understand how Taiwan is an indispensable partner in the process of rebuilding American manufacturing and consolidating its leadership in high-tech, and that Taiwan-US cooperation will benefit us both. Third, cross-strait relations. Regarding the regional and cross-strait situation, Taiwan-US relations, US-China relations, and interactions among Taiwan, the US, and China are a focus of global attention. As a member of the international democratic community and a responsible member of the region, Taiwan hopes to see Taiwan-US relations continue to strengthen and, alongside US-China relations, form a virtuous cycle rather than a zero-sum game where one side’s gain is another side’s loss. In facing China, Taiwan will always be a responsible actor. We will neither yield nor provoke. We will remain resilient and composed, maintaining our consistent position on cross-strait relations: Our determination to safeguard our national sovereignty and protect our free and democratic way of life remains unchanged. Our efforts to maintain peace and stability in the Taiwan Strait, as well as our willingness to work alongside China in the pursuit of peace and mutual prosperity across the strait, remain unchanged. Our commitment to promoting healthy and orderly exchanges across the strait, choosing dialogue over confrontation, and advancing well-being for the peoples on both sides of the strait, under the principles of parity and dignity, remains unchanged. Regarding the matters I reported to the public today, I have instructed our national security and administrative teams to take swift action and deliver results, working within a stable strategic framework and according to the various policies and approaches I just outlined. I have also instructed them to keep a close watch on changes in the international situation, seize opportunities whenever they arise, and address the concerns and hope of the citizens with concrete actions. My fellow citizens, over the past several years, Taiwan has weathered a global pandemic and faced global challenges, both political and economic, arising from the US-China trade war and Russia’s invasion of Ukraine. Through it all, Taiwan has persevered; we have continued to develop our economy, bolster our national strength, and raise our international profile while garnering more support – all unprecedented achievements. This is all because Taiwan’s fate has never been decided by the external environment, but by the unity of the Taiwanese people and the resolve to never give up. A one-of-a-kind global situation is creating new strategic opportunities for our one-of-a-kind Taiwanese people, bringing new hope. Taiwan’s foundation is solid; its strength is great. So as long as everyone remains steadfast in their convictions, is willing to work hand in hand, stands firm amidst uncertainty, and looks for ways to win within changing circumstances, Taiwan is certain to prevail in the test of our time yet again, for I am confident that there are no difficulties that Taiwan cannot overcome. Thank you.

    MIL OSI Asia Pacific News

  • MIL-OSI China: Canada announces detailed counter tariff package against US

    Source: China State Council Information Office

    An employee removes U.S. alcohol products from a shelf at a Liquor Control Board of Ontario store in Oakville, Ontario, Canada, on March 4, 2025. [Photo/Xinhua]

    The Canadian federal government on Tuesday announced a detailed tariff package after Prime Minister Justin Trudeau vowed that Canada will not back down from a fight against the trade war initiated by U.S. President Donald Trump.

    According to a news release issued by the Finance Ministry, the first phase of Canada’s response includes tariffs on 30 billion Canadian dollars (about 21 billion U.S. dollars) in goods imported from the United States, effective as of 12:01 a.m., March 4. The list includes products such as orange juice, peanut butter, wine, spirits, beer, coffee, appliances, apparel, footwear, motorcycles, cosmetics, and certain pulp and paper products.

    The additional countermeasures on 125 billion Canadian dollars (about 89 billion U.S. dollars) in imports from the United States would be from a list of goods open for a 21-day comment period which includes products such as electric vehicles, fruits and vegetables, beef, pork, dairy, electronics, steel, aluminum, trucks, and buses, the release said.

    The government is also taking steps to mitigate the impact of these countermeasures on Canadian workers and businesses by establishing a remission process to consider requests for exceptional relief from the tariffs, the release said.

    All options remain on the table as the government considers additional measures, including non-tariff options, the release said.

    Trudeau said during his speech to the nation earlier in the day that Canada will also be challenging the U.S. illegal actions by filing dispute resolution claims at the World Trade Organization and through the Canada-U.S.- Mexico Agreement, or the free trade mechanism in North America that was renegotiated by Trump in his last term.

    The counter tariffs will remain in place until the U.S. tariffs are withdrawn and not a moment sooner, said Trudeau.

    MIL OSI China News

  • MIL-OSI USA: After Trump Levels Sweeping Tariffs on Canada and Mexico, Senate GOP Blocks Shaheen Effort to Pass Her Legislation to Protect Granite Staters from Impact and Higher Costs

    US Senate News:

    Source: United States Senator for New Hampshire Jeanne Shaheen
    **Shaheen’s bill would have limited impact of Canada and Mexico tariffs on American consumers and businesses**
    (Washington, DC) – U.S. Senator Jeanne Shaheen (D-NH), Ranking Member of the U.S. Senate Foreign Relations Committee and a top member of the U.S. Senate Committee on Small Business and Entrepreneurship, took to the Senate floor today to call for unanimous consent to pass her legislation—the Protecting Americans from Tax Hikes on Imported Goods Act. If Republicans had not blocked passage, Shaheen’s bill would have shielded American consumers and businesses from rising prices and higher taxes caused by President Trump’s tariffs on Canada, New Hampshire’s largest trading partner, and Mexico. Her legislation would keep costs down for imported goods by limiting the authority under the International Emergency Economic Powers Act (IEEPA)—which allows a President to immediately place unlimited tariffs after declaring a national emergency—while preserving IEEPA’s use for sanctions and other tools. Click here to watch Shaheen’s remarks in full.  
    Key quotes from Senator Shaheen: 
    “Trump’s tariffs will make everything—from gas to heating to groceries to lumber and more—more expensive for everyday Americans. And I think it bears repeating that tariffs are paid by consumers. They’re paid by Americans, not by other countries. And what the President is doing amounts to a new tax for Americans.” 
    “There are countless other imports that American businesses and families rely on that are going to be hit hard. And these tariffs do nothing to bring down those costs. They do just the opposite. These tariffs could add $1,200 to an average household’s yearly costs – and we won’t have to wait very long for the impact to be felt.” 
    “Businesses plan months, quarters or years in advance. They need to place orders and plot out their growth in order to succeed. How can they plan when they can’t even know whether their costs are going to go up 25% overnight?”
    “[My bill] would stop these tariff taxes on goods and energy coming from Canada and Mexico – and it would give businesses and families more certainty to plan for the future and keep more of their hard-earned dollars in their own pockets.” 
    Full Remarks as Delivered 
    I come to the floor today because I am concerned about President Trump’s actions to, I believe, start a trade war with our top two trading partners, Canada and Mexico. All goods coming from Canada and Mexico. As of midnight last night, I guess midnight today, face a 25% tax. 
    That is all except Canadian energy, which is taxed at 10%. Trump’s tariffs will make everything, from gas to heating to groceries to lumber and more, more expensive for everyday Americans. And I think it bears repeating that tariffs are paid by consumers. They’re paid by Americans, not by other countries. And what the president is doing amounts to a new tax for Americans.  
    For example, heating oil and propane that keeps hundreds of thousands of Granite Staters warm in the winter is going to cost more. We’re going to add about $150 to $250 to the cost of heating homes in New Hampshire. And gas prices are going to go up. In New Hampshire, half of the fuel in our cars and trucks comes from Canada, and U.S. refineries across the Midwest use Canadian oil. The U.S. imports 80% of its potash fertilizer from Canada, and this tariff makes farming and food more expensive. 
    It’s unclear how the American auto industry is going to continue to operate. Ford’s CEO said these tariffs will, and I quote, “blow a hole in the U.S. industry that we have never seen, with up to $12,000 added to the cost of the car.” And this will make lumber and electrical equipment that we need to build housing at a time when housing is already in short supply. It will make them more expensive and harder to find.  
    Those are just a few examples. There are countless other imports that American businesses and families rely on that are going to be hit hard. And these tariffs do nothing to bring down those costs. They do just the opposite. These tariffs could add $1,200 to an average household’s yearly costs. 
    And we won’t have to wait very long for the impact to be felt. It’s already being felt on Wall Street and the stock market. Target’s CEO said this morning that the consumer and I quote, “will likely see price increases over the next couple of days.” And for small businesses, these tariff taxes will be felt by small businesses in all of our states. 
    I was here a month ago today sharing stories from business owners in New Hampshire who weren’t sure how they were going to keep operating if specialized machinery that they can only get from Canada suddenly costs 25% more. And since that time, I’ve heard from even more people in New Hampshire, more small businesses.  
    Last week I heard from a small company in Windham, New Hampshire. It makes allergen free cookies, and they can only get certain ingredients for those cookies from Canada. The CEO built her business, which now employs 30 people, and now she can’t be sure if they’re even going to be able to keep going, let alone keep growing.  
    When I spoke with business representatives across New Hampshire last month, the theme they kept coming back to was uncertainty. 
    As a former small business owner, I know that uncertainty is the most destabilizing aspect of running and growing a business. Yet that’s what this administration keeps creating. Yesterday, we learned that new orders from manufacturers dropped in February for the first time in 22 years. For the first time in 22 years, new orders from manufacturers dropped because companies can’t work with this level of uncertainty. 
    Last Wednesday, the president was talking about Canadian tariffs going into effect April 2nd. The very next morning, he announced 25% tariffs would go into effect today. The whiplash is hard to imagine.  
    I spoke last month about a bus company, C&J Bus Lines in New Hampshire, that was worried about these tariffs and what it would mean for their bottom line. 
    Well, the CEO moved up his delivery date to get three busses in late March before these taxes were set to go into effect. But his costs just went up more than $450,000.  
    Businesses plan months, quarters or years in advance. They need to place orders and plot out their growth in order to succeed. How can they plan when they can’t even know whether their costs are going to go up 25% overnight? 
    How can a developer know if they can start building the housing that New Hampshire desperately needs if their lumber costs 25% more overnight?  
    And how can a family already struggling with high costs continue to pay the rent or put food on the table if their household costs are going to go up $1,200 this year?  
    I want families and businesses to know that the whims of this president are not going to cause them to break the bank on everyday items they need to get by. 
    That’s why I introduced the Protecting Americans from Tax Hikes on Imported Goods Act. It’s a simple change, really. It says that the International Emergency Economic Powers Act, IEEPA, can no longer be used to place taxes on imports. If the president needs to block some dangerous product, he still can. But if there’s a real threat, we’d want to stop it, not just add a tariff tax. 
    That’s what my bill does. It would stop these tariffs on goods and energy coming from Canada and Mexico, and it would give businesses and families more certainty to plan for the future and to keep their hard-earned dollars in their pockets.  
    So, Madam President, I ask unanimous consent that the Committee on Banking, Housing and Urban Affairs be discharged from further consideration of S. 151 and that the Senate proceed to its immediate consideration, that the bill be considered read a third time and passed, and the motion to reconsider be considered made and laid upon the table. 
    Last month, Shaheen introduced the Protecting Americans from Tax Hikes on Imported Goods Act with U.S. Senators Ron Wyden (D-OR) and Tim Kaine (D-VA) to keep costs down for imported goods by limiting the authority under the International Emergency Economic Powers Act (IEEPA)—which allows a President to immediately place unlimited tariffs after declaring a national emergency—while preserving IEEPA’s use for sanctions and other tools.   
    The authorities granted to the President through the IEEPA represent the broadest of the possible paths an administration can take to impose sweeping tariffs. The Protecting Americans from Tax Hikes on Imported Goods Act clarifies that the IEEPA may not be used to increase costs on American consumers and families by placing tariffs or tariff-rate quotas on imported goods. The legislation would preserve crucial national security tools granted to the President through the IEEPA authority to impose sanctions or to block all imports of goods that are dangerous to national security and would preserve the ability to push back on unfair trade practices of the People’s Republic of China.   

    MIL OSI USA News

  • MIL-OSI Russia: Asia’s Next Growth Frontier

    Source: IMF – News in Russian

    Opening Remarks by the IMF Managing Director Kristalina Georgieva
    At a conference on Asia and the IMF: Resilience through Cooperation, Tokyo, Japan, March 5, 9AM JST

    March 4, 2025

    (As Prepared for Delivery)

    I would like to thank Finance Minister Kato for welcoming us today and want to express my gratitude to Governor Ueda for joining. I’m very sorry I can’t be with you in person. But thankfully technology allows me to join you virtually.

    Those who have been to Tokyo’s Skytree know that it has the best views of the city. And like so much in Japan, it’s an engineering masterpiece. Gazing across Tokyo’s skyline, it’s hard to imagine just how much the city—and the country—has changed in the 80 years since the Bretton Woods Institutions were established.

    After World War II, Japan invested heavily in infrastructure and manufacturing and introduced sweeping reforms. These set the country on a path to becoming an economic powerhouse.

    Inspired by Japan’s success, other countries in Asia followed suit. Today, the region contributes over 60 percent of global growth, and is home to some of the world’s largest, most innovative companies.

    Of course, Asia is a very diverse continent, with a mix of advanced economies, emerging and frontier markets, and small island states. Demographics and income levels vary too.

    But across the region, openness and deepening economic ties have been crucial to countries’ success.

    The world is changing, however. Many countries face weaker growth prospects and are saddled with high public debt. The COVID-19 pandemic and recent geopolitical developments have brought into focus the importance of security of supplies. Trade is no longer the engine of global growth it used to be. And we are in the midst of massive transformations, from rapid advances in AI to changing patterns of capital flows and trade. 

    Against this background, governments worldwide are shifting their priorities. The new US administration is rapidly reshaping its policies on trade, taxation, public spending, deregulation, and digital assets. And other governments are also recalibrating their approaches and adjusting their policies.

    The future of growth

    How should countries in Asia adapt? Let me highlight three opportunities.

    First, the shift toward services-led growth. While trade in goods has flattened, service flows are surging. In fact, services have already drawn about half of the region’s workers, up from just 22 percent in 1990.

    Economists have traditionally thought of services as less productive than manufacturing. Our research suggests otherwise. Asia’s labor productivity in financial services is four times higher than in manufacturing, and twice as high in business services.

    Second, digitalization and AI. The demand for digital products and services in the region has accelerated quickly and is on track to continue growing faster than the region’s GDP. Japan’s Rakuten, China’s Alibaba Group, and Indonesia’s GoTo Group now rival e-commerce giants Amazon and Walmart.

    In AI development, Japan and China are racing ahead, followed closely by South Korea and Singapore. This could be an important boost for productivity. In Singapore, for example, an estimated 40 percent of jobs could be made more productive by AI. The country has several digital economy agreements now in place, enabling digital companies in the region to connect and share data more easily.

    That brings me to my third point: greaterregional cooperation andtrade. On the surface, it might look as if the world is retreating from integration. But regionally, countries are leaning in.

    Over the past four decades, intra-regional trade in Asia has increased by 43 percent. Today, more than half of Asian trade is regional.

    The trend is the same for foreign direct investment. FDI from Asian countries to Japan, for example has nearly doubled over the past decade, as market opportunities in Japan’s technology sector grow.

    Together, the shift toward services, digitalization and AI, and greater regional integration can lift growth. But to harness these opportunities, the region will need to carefully navigate domestic developments and global changes.

    The IMF’s role

    That is where the IMF comes in. We strive to be trusted partners to our member countries, provide country-specific advice and safeguard the stability of the global economy. Our work spans economic analysis, policy advice, financing and capacity development.

    And as the world economy has changed, we too have evolved. From managing fixed exchange rates in the 1970s, to active surveillance of countries’ economic and financial policies and more systematic coverage of spillovers.

    More recently, our thinking on capital flow management and foreign exchange interventions has changed, and we’ve upgraded our lending toolkit to include more flexible instruments tailored to emerging market economies.

    Thanks in large part to Japan’s support, we are also offering more support to low-income countries, especially in capacity development, and a stronger presence around the world through our regional technical assistance centers.

    We are grateful to Japan for the deep engagement in thinking about the future of the Fund. Today’s discussions are an important part of that. 

    My colleagues and I are keenly interested in ideas and reflections on:

    • how we can best support our members, especially the most vulnerable among them, to grow and build economic resilience;
    • how to tailor more of our advice to support countries’ efforts to deepen regional collaboration, by thinking through our strategic engagement with groups like the ASEAN, the Pacific Island countries, as well as medium sized and larger economies; and
    • how to strengthen the global financial safety net. We’re assessing how IMF facilities can be further improved to support resilience in our member countries. And we are working closely with regional arrangements to enhance crisis prevention and response capabilities.

    We know from experience that reforms are hard, but we also know they can steer countries towards stronger and durable growth and can achieve a more stable and prosperous global economy.

    You can count on the IMF in this journey.

    Deputy Managing Director Nigel Clarke and the rest of our team are excited to be part of today’s productive discussion. I look forward to the outcome.

    Thank you.

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER:

    Phone: +1 202 623-7100Email: MEDIA@IMF.org

    https://www.imf.org/en/News/Articles/2025/03/05/sp030525-md-asias-next-growth-frontier

    MIL OSI

    MIL OSI Russia News

  • MIL-OSI USA: U.S. Trading Company of Hayward, CA is Recalling Joy Luck Brand Lily Flowers Because it May Contain Undeclared Sulfites

    Source: US Department of Health and Human Services – 3

    Summary

    Company Announcement Date:
    March 04, 2025
    FDA Publish Date:
    March 04, 2025
    Product Type:
    Food & BeveragesAllergens
    Reason for Announcement:

    Recall Reason Description
    Undeclared sulfites

    Company Name:
    U.S. Trading Company
    Brand Name:

    Brand Name(s)
    Joy Luck

    Product Description:

    Product Description
    Dried Lily Flowers

    Company Announcement
    (March 3, 2025) U.S. Trading Company of Hayward, CA is recalling Joy Luck Brand Lily Flowers because it may contain undeclared SULFITES. People who have an allergy or severe sensitivity to sulfites run the risk of serious allergic reaction if they consume these products.
    The lily flowers were distributed to retailers Nationwide.
    The lily flowers are individually packed in plastic packaging. Below is the product being recalled:

    Brand 

    Product Name 

    Size 

    UPC 

    Joy Luck

    Dried Lily Flowers

    2.5oz

    721557511008

    The recall was initiated after Florida Dept of Agriculture and Consumer Services collected a sample of the lily flowers. It was discovered that lily flowers containing sulfites were distributed in packaging that did not reveal the presence of sulfites
    No illnesses have been reported to date.
    This recall is being made with the knowledge of the U.S. Food and Drug Administration.
    Customers with a sulfite allergy or sensitivity who have purchased the affected product are urged not to consume the product and dispose of it or return it to their place of purchase for a full refund.
    Consumers with questions may contact U.S. Trading Company at 510-781-1818 Monday thru Friday between 8:00am – 4:30pm PST.

    Company Contact Information

    Consumers:
    U.S. Trading Company
    510-781-1818

    Product Photos

    Content current as of:
    03/04/2025

    Regulated Product(s)

    Topic(s)

    Follow FDA

    MIL OSI USA News

  • MIL-OSI USA: Welch Joined on Capitol Hill by Allison Hope of the Vermont Maple Sugar Makers’ Association

    US Senate News:

    Source: United States Senator Peter Welch (D-Vermont)
    Comes as the Trump Administration implemented sweeping 25% tariffs on Canada, Mexico, and China
    WASHINGTON, D.C. — U.S. Senator Peter Welch (D-Vt.) and Allison Hope, Executive Director of the Vermont Maple Sugar Makers’ Association, today joined Senate Democrats for a press conference on Capitol Hill with Americans from across the country who are being hurt by Trump Administration policies—from businesses hit by tariffs to veterans who were laid off by Elon Musk’s so-called “Department of Government Efficiency” (DOGE) to cancer researchers.  
    Allison Hope, Executive Director of the Vermont Maple Sugar Makers’ Association spoke about how Trump’s Trade War will hurt Vermont’s maple industry: 
    “Vermont makes about 50-51% of the U.S. production of pure maple syrup, and we have Canadian partners across the border. In the past 20 years, Vermont’s production rates have grown 500% and a 25% Canadian tariff on maple equipment—most of which comes across the border, because that’s where most maple syrup is made—on the Canadian imports that come into Vermont will have a staggering effect on Vermont’s producers, who not only are agricultural farmers, but they are foresters, and so they keep a large swath of Vermont forested. 
    “I think that our Canadian counterparts are a huge part of our trade. The U.S. can’t supply all ofthe maple syrup for retail in the United States, and so we bring into Vermont —and other areas of the U.S.—Canadian bulk syrup. When that price goes up, it affects the shelf price at retail, and those larger contracts for blended Vermont, U.S., and Canadian maple syrup—those contracts change for cents on the dollar. And so, the end result of that will be a potential stagnation of production in Vermont and also a loss of potential shelf space at a time when it’s really hard and really expensive to get it back,” Hope said.  
    After the event, Senator Welch emphasized the importance of making sure the Trump Administration hears directly from those who are impacted by Trump’s misguided trade policies: 
    “These tariffs are really going to hurt our economy in Vermont, and the impacts will be far-reaching. President Trump is singlehandedly raising costs for Vermonters—from the food on our table, to our energy bills, to the materials our home construction companies and manufacturers need. It’s important that the Trump Administration and my colleagues across the aisle hear directly from those who are impacted and that they drop this misguided plan.” 
    Watch a livestream of the press conference below: 
    Vermont’s maple industry—as well as farms and businesses across Vermont—are bracing for the economic fallout of Trump’s 25% tariff on Canada, which went into effect today. Sugar makers expect the cost of Canadian-made sugaring equipment to dramatically increase. Bulk maple sales to major retailers like Costco, Target, and Whole Foods rely on both U.S. and Canadian producers and most of the equipment needed to produce syrup is manufactured in Canada.   
    Last week, Senator Welch expressed opposition to the Trump Tariffs after voting against the nominationof Jamieson Greer for United States Trade Representative. He also joined Senator Jeanne Shaheen’s (D-N.H.) Protecting Americans from Tax Hikes on Imported Goods Act, which would shield American businesses and consumers from rising prices imposed by tariffs on imported goods into the United States. The bill would keep costs down for imported goods by limiting the authority of the International Emergency Economic Powers Act (IEEPA)—which allows a President to immediately place unlimited tariffs after declaring a national emergency—while preserving IEEPA’s use for sanctions and other tools.    

    MIL OSI USA News

  • MIL-OSI USA: Trump Tells Farmers ‘Have Fun’ As He Kicks Off Pointless Trade Wars. Cantwell Tells the Truth: ‘It’s Not Going to Be Fun, It’s Going to Be A Nightmare’

    US Senate News:

    Source: United States Senator for Washington Maria Cantwell
    03.04.25
    Trump Tells Farmers ‘Have Fun’ As He Kicks Off Pointless Trade Wars. Cantwell Tells the Truth: ‘It’s Not Going to Be Fun, It’s Going to Be A Nightmare’
    Ahead of Presidential address, Cantwell calls on Congress to reclaim its Constitutional authority over tariffs; Cantwell also calls out arbitrary and wasteful layoffs at NOAA, NIH, NSF, USDA: “These kinds of ideas sound great, but they’re not well thought out. It’s literally throwing tax dollars away.”
    WASHINGTON, D.C. – Today, U.S. Senator Maria Cantwell (D-WA), ranking member of the Senate Committee on Commerce, Science, and Transportation and senior member of the Senate Finance Committee, delivered a Senate floor speech raising concerns about the economic fallout of Trump’s newly announced tariffs, hours before the President is set to deliver remarks before a Joint Session of Congress.
     “Trump said to our farmers yesterday on Truth Social, quote, ‘tariffs will go on external products on April 2. Have fun.’ End quote,” Sen. Cantwell said. “’Have fun?’ ‘Have fun?’ When retaliatory tariffs strike our farmers — just as they did in the first Trump administration — it’s not going to be fun, it’s going to be a nightmare for our farmers. And many of the farmers in my state worry [whether] they will be able to farm at all.”
    “I hope my colleagues will slow down on this tariff tirade. Under Article One, Section Eight of the U.S. Constitution, Congress has the power to set duties and regulate foreign commerce. However, Congress has spent the last 80 years delegating its tariff authority to presidents,” she continued. “This president, I believe, is abusing this authority. He calls it an emergency. He’s using the trade wars to supposedly force countries to do things like changing their border policies. I believe it’s time for Congress to start taking back some of that power and considering how we’re going to protect the family farm.”
    Over the past 24 hours, as President Trump’s long-promised 25% tariffs on goods from Mexico and Canada and 10% tariff increase on goods from China took effect, stock prices in the United States have plummeted. The Dow fell more than 700 points this morning. Today, the Wall Street Journal’s editorial board criticized his decision: “Trump takes the dumbest tariff plunge.”.
    Sen. Cantwell also showed the following graph with the alarming new forecast by the Federal Reserve Bank of Atlanta, which recently began predicting negative real GDP growth for the first quarter of 2025, a rapid reversal of its prior forecast for growth.  “Just last week, when people want to talk about GDP and where this is going, it’s amazing that the Atlanta Fed was forecasting GDP growth over two percent for the first quarter of 2025…. but we can see when we got to February, we fell off a cliff… this drop is the representation of a cliff that President Trump is pushing the American economy over.”

    “We know this — that in my state, families are paying more for groceries. They’re paying more at the gas pump. They’re paying more at electricity bills. And they are seeing the stock market plummet because as businesses grapple with Trump’s unnecessary trade war, businesses are concerned about the long-term impacts of the supply chain and the cost of those tariffs,” Sen. Cantwell said.
    In Washington state, two out of every five jobs are tied to trade and trade-related industries. More information on how President Trump’s tariffs on goods from Mexico, Canada, and China will affect consumers and businesses in the State of Washington can be found HERE. Nationwide:
    A 25% tariff on Canada and Mexico would add an estimated $144 billion a year to the cost of manufacturing in the United States.
    Tariffs on Canada and Mexico could increase U.S. car prices by as much as $12,000.
    According to the Yale Budget Lab, Trump’s proposed tariffs would result in the highest U.S. effective tariff rate in more than 80 years, and depending on the level of retaliation by other trading partners, will result in increased costs of between $1,600 and $2,000 per household. According to their analysis, electronics, clothing, cars, and food will all see above-average price increases.
    Sen. Cantwell has remained a steadfast supporter of free trade to grow the economy in the State of Washington and nationwide. Sen. Cantwell was the leading voice in negotiations to end India’s 20% retaliatory tariff on American apples, which was imposed in response to tariffs on steel and aluminum and devastated Washington state’s apple exports. India had once been the second-largest export market for American apples, but after President Trump imposed tariffs on steel and aluminum in his first term, India imposed retaliatory tariffs in response and U.S. apple exports plummeted. The impact on Washington apple growers was severe: Apple exports from the state dropped from $120 million in 2017 to less than $1 million by 2023.  In September 2023, following several years of Sen. Cantwell’s advocacy, India ended its retaliatory tariffs on apples and pulse crops which was welcome news to the state’s more than 1,400 apple growers and the 68,000-plus workers they support.
    In her speech today, Sen. Cantwell also railed against the Trump Administration’s Department of Government Efficiency’s (DOGE) push to indiscriminately slash federal workers from the payroll, compromising the vital ongoing work at federal agencies.
    “The cuts that these agencies have been facing are really the cuts to some of the most technical jobs the United States government has. Whether you’re talking about NOAA, or the National Weather Service, or the National Institutes of Health, or the National Science Foundation, or the US Department of Agriculture — they’ve all been targeted for reductions. These agencies are critical to our economic growth and to our security. And at a time when we are seeing more extreme weather events, or more floods or more wildfires, why shouldn’t we be investing more in weather forecasting, not less? 
    “And when you look at NOAA workers who support our commercial, and recreation, and tribal fisheries, they employ 1.7 million people, including thousands in the State of Washington. Why would you cut specialized workforce that are helping support the growth of GDP?” Sen. Cantwell said.
    “DOGE wants to cap the overhead expenses of research. University of Washington medicine tells me that this would leave them with shortfalls and that they might have to stop clinical trials that are underway. You can’t just stop medical research like it’s a faucet! Once halted, the research, the data, the clinical trials, the patients, the laboratories, the equipment — all that led to innovation will be lost. You think you just turn that back on? You know, these kinds of ideas sound great, but they’re not well thought out. It’s literally throwing tax dollars away.”
    Since DOGE announced its intent to hack away at federal agencies and programs, Sen. Cantwell has been sounding the alarm and coming to the defense of workers at NOAA, the Small Business Administration, the Department of Housing and Urban Development, the Federal Aviation Administration, the National Institutes of Health, the National Park Service, and more.
    A video of her speech on the Senate floor today can be viewed HERE; audio is HERE; and a transcript is HERE.

    MIL OSI USA News

  • MIL-OSI Security: Wayne County man going to prison for stealing a firearm

    Source: Office of United States Attorneys

    ROCHESTER, N.Y. – U.S. Attorney Michael DiGiacomo announced that Lucas Burke, 23, of Wolcott, NY, who was convicted of theft of a firearm from a federal firearms licensee, was sentenced to serve 30 months in prison by United States District Judge Charles J. Siragusa.

    Assistant U.S. Attorney Charles Moynihan, who handled the case, stated on October 7, 2023, the Wayne County Sheriff’s Office responded to East Side Traders on Wooster Way in Ontario, NY, for a call of intruders inside. Eastside Traders was a Federal Firearms Licensee authorized to sell firearms under federal law. Subsequent investigation determined that at approximately 4:55 a.m. that morning, Burke smashed a window near the entrance to Eastside Traders and entered the building. Once inside, he stole a rifle. He attempted to steal two others but was unsuccessful. 

    The matter was brought by the United States Attorney’s Office as part of its Project Safe Neighborhoods (PSN) initiative.  PSN is the centerpiece of the Department of Justice’s violent crime reduction efforts.  PSN is an evidence-based program proven to be effective at reducing violent crime.  Through PSN, a broad spectrum of stakeholders work together to identify the most pressing violent crime problems in the community and develop comprehensive solutions to address them.  As part of this strategy, PSN focuses enforcement efforts on the most violent offenders and partners with locally based prevention and reentry programs for lasting reductions in crime.

    The sentencing is the result of an investigation by the Wayne County Sheriff’s Office and the Bureau of Alcohol, Tobacco, Firearms, and Explosives, under the director of Special Agent-in-Charge Bryan Miller, New York Field Division.

    # # # #

    MIL Security OSI

  • MIL-OSI Economics: Asia’s Next Growth Frontier

    Source: International Monetary Fund

    Opening Remarks by the IMF Managing Director Kristalina Georgieva
    At a conference on Asia and the IMF: Resilience through Cooperation, Tokyo, Japan, March 5, 9AM JST

    March 4, 2025

    (As Prepared for Delivery)

    I would like to thank Finance Minister Kato for welcoming us today and want to express my gratitude to Governor Ueda for joining. I’m very sorry I can’t be with you in person. But thankfully technology allows me to join you virtually.

    Those who have been to Tokyo’s Skytree know that it has the best views of the city. And like so much in Japan, it’s an engineering masterpiece. Gazing across Tokyo’s skyline, it’s hard to imagine just how much the city—and the country—has changed in the 80 years since the Bretton Woods Institutions were established.

    After World War II, Japan invested heavily in infrastructure and manufacturing and introduced sweeping reforms. These set the country on a path to becoming an economic powerhouse.

    Inspired by Japan’s success, other countries in Asia followed suit. Today, the region contributes over 60 percent of global growth, and is home to some of the world’s largest, most innovative companies.

    Of course, Asia is a very diverse continent, with a mix of advanced economies, emerging and frontier markets, and small island states. Demographics and income levels vary too.

    But across the region, openness and deepening economic ties have been crucial to countries’ success.

    The world is changing, however. Many countries face weaker growth prospects and are saddled with high public debt. The COVID-19 pandemic and recent geopolitical developments have brought into focus the importance of security of supplies. Trade is no longer the engine of global growth it used to be. And we are in the midst of massive transformations, from rapid advances in AI to changing patterns of capital flows and trade. 

    Against this background, governments worldwide are shifting their priorities. The new US administration is rapidly reshaping its policies on trade, taxation, public spending, deregulation, and digital assets. And other governments are also recalibrating their approaches and adjusting their policies.

    The future of growth

    How should countries in Asia adapt? Let me highlight three opportunities.

    First, the shift toward services-led growth. While trade in goods has flattened, service flows are surging. In fact, services have already drawn about half of the region’s workers, up from just 22 percent in 1990.

    Economists have traditionally thought of services as less productive than manufacturing. Our research suggests otherwise. Asia’s labor productivity in financial services is four times higher than in manufacturing, and twice as high in business services.

    Second, digitalization and AI. The demand for digital products and services in the region has accelerated quickly and is on track to continue growing faster than the region’s GDP. Japan’s Rakuten, China’s Alibaba Group, and Indonesia’s GoTo Group now rival e-commerce giants Amazon and Walmart.

    In AI development, Japan and China are racing ahead, followed closely by South Korea and Singapore. This could be an important boost for productivity. In Singapore, for example, an estimated 40 percent of jobs could be made more productive by AI. The country has several digital economy agreements now in place, enabling digital companies in the region to connect and share data more easily.

    That brings me to my third point: greaterregional cooperation andtrade. On the surface, it might look as if the world is retreating from integration. But regionally, countries are leaning in.

    Over the past four decades, intra-regional trade in Asia has increased by 43 percent. Today, more than half of Asian trade is regional.

    The trend is the same for foreign direct investment. FDI from Asian countries to Japan, for example has nearly doubled over the past decade, as market opportunities in Japan’s technology sector grow.

    Together, the shift toward services, digitalization and AI, and greater regional integration can lift growth. But to harness these opportunities, the region will need to carefully navigate domestic developments and global changes.

    The IMF’s role

    That is where the IMF comes in. We strive to be trusted partners to our member countries, provide country-specific advice and safeguard the stability of the global economy. Our work spans economic analysis, policy advice, financing and capacity development.

    And as the world economy has changed, we too have evolved. From managing fixed exchange rates in the 1970s, to active surveillance of countries’ economic and financial policies and more systematic coverage of spillovers.

    More recently, our thinking on capital flow management and foreign exchange interventions has changed, and we’ve upgraded our lending toolkit to include more flexible instruments tailored to emerging market economies.

    Thanks in large part to Japan’s support, we are also offering more support to low-income countries, especially in capacity development, and a stronger presence around the world through our regional technical assistance centers.

    We are grateful to Japan for the deep engagement in thinking about the future of the Fund. Today’s discussions are an important part of that. 

    My colleagues and I are keenly interested in ideas and reflections on:

    • how we can best support our members, especially the most vulnerable among them, to grow and build economic resilience;
    • how to tailor more of our advice to support countries’ efforts to deepen regional collaboration, by thinking through our strategic engagement with groups like the ASEAN, the Pacific Island countries, as well as medium sized and larger economies; and
    • how to strengthen the global financial safety net. We’re assessing how IMF facilities can be further improved to support resilience in our member countries. And we are working closely with regional arrangements to enhance crisis prevention and response capabilities.

    We know from experience that reforms are hard, but we also know they can steer countries towards stronger and durable growth and can achieve a more stable and prosperous global economy.

    You can count on the IMF in this journey.

    Deputy Managing Director Nigel Clarke and the rest of our team are excited to be part of today’s productive discussion. I look forward to the outcome.

    Thank you.

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER:

    Phone: +1 202 623-7100Email: MEDIA@IMF.org

    MIL OSI Economics

  • MIL-OSI Security: Former Honolulu City Officials Admit They Conspired to Secretly Pay Corrupt Former Chief of Honolulu Police Department $250,000

    Source: Office of United States Attorneys

    HONOLULU, Hawaii – Former Honolulu City Attorney Donna Leong and former Honolulu Police Commission Chair Max Sword pleaded guilty in federal court today, admitting that they conspired to illegally pay then-Honolulu Police Chief Louis Kealoha $250,000 from city coffers without the approval of the Honolulu City Council while he was under federal investigation for corruption.

    Additionally, former Honolulu City Manager Roy Amemiya entered a deferred prosecution agreement for his role in the same conspiracy.

    The defendants were immediately sentenced to time served and were ordered to pay $250,000 in restitution to the city.

    The resolution of these cases marks the end of a decade-long series of public corruption prosecutions in Honolulu, which began with the investigation and conviction of Chief Kealoha and former Honolulu prosecutor Katherine Kealoha.

    According to court documents, Leong, Sword, and Amemiya admitted that they conspired in their official capacities as Honolulu city officials to reach a settlement agreement for the retirement of then-Police Chief Kealoha while he was under federal investigation for corruption. The defendants also paid Kealoha $250,000 from the city’s purse without first seeking and obtaining the approval of the Honolulu City Council, which was required by city laws. Leong, Sword, and Amemiya admitted that their decision not to seek and obtain City Council approval violated the law and deprived the citizens of Honolulu of their due process rights under the Fifth and Fourteenth Amendments of a hearing before, and approval by, their elected City Council for the use of city funds.

    Following their guilty pleas, Leong and Sword were sentenced by U.S. District Judge Leslie E. Kobayashi to time served and one year of supervised release. During today’s hearing, Judge Kobayashi characterized Leong and Sword’s actions as “truly misguided” and reprimanded them for exercising a “complete disregard for the separation of powers” by not presenting the settlement agreement to City Council. She further stated that their actions caused “serious harm” to the community of Honolulu.

    As part of a deferred prosecution agreement, in addition to admitting his involvement in the criminal conspiracy, Amemiya’s agreement requires him to comply with certain conditions for a period of two years, including completion of 200 hours of community service and restriction from holding public office. Per the terms of his deferred prosecution agreement, if he complies in full for two years, the charges against Amemiya will be dismissed.

    Importantly, all three defendants agreed to pay restitution in the amount of $250,000 to the City and County of Honolulu—the exact amount of taxpayer money paid to then-Chief Kealoha as part of the unlawful settlement agreement.

    The conclusion of the criminal case against Leong, Sword, and Amemiya is the last in a decade-long series of public corruption prosecutions in Hawaii conducted by the United States Attorney’s Office for the Southern District of California, which prosecuted these cases after the District of Hawaii was recused. These prosecutions have charged and convicted over a dozen individuals, most of whom were public officials or persons of prominence in Honolulu, including the Kealohas, Honolulu police officers, and anesthesiologist Rudy Puana, Katherine Kealoha’s brother. The resolution of the charges against Leong, Sword, and Amemiya marks a historic end to this journey of seeking justice for the citizens of Honolulu.

    “After a decade-long battle against public corruption in Hawaii, we have successfully brought numerous cases to a close. This achievement is a testament to the unwavering dedication of our law enforcement partners, the prosecutors, our legal support staff, and the community,” said Acting U.S. Attorney Andrew R. Haden. “Together, we have demonstrated that no one is above the law.  Hopefully, our efforts have also restored some faith in law enforcement and local government for the Hawaiian community.  But let these cases also be a reminder, the fight against corruption must never end. The Department of Justice has a proud history and stands ready to fight for the principles of justice and fairness for all.”

    “The cases against these three defendants are the last among a decade-long series of public corruption prosecutions in Hawaii,” said FBI Honolulu Special Agent in Charge David Porter. “I am proud of the agents and prosecutors who devoted years to these investigations—their tireless efforts reflect our continued commitment to root out corruption in our communities.”

    This case and the series of public corruption cases brought over the last decade were led by Special Attorneys Michael G. Wheat, Joseph J.M. Orabona, Janaki G. Chopra, Colin M. McDonald and Andrew Y. Chiang.

    DEFENDANTS                                             Case Number 21cr00142-LEK                                

    Donna Yuk Lan Leong                                   Age: 69                                   Honolulu, HI

    Max John Sword                                             Age: 73                                   Honolulu, HI

    Roy Keiji Amemiya, Jr.                                  Age: 69                                   Honolulu, HI

    SUMMARY OF CHARGES

    Conspiracy to Deprive Rights under Color of Law – Title 18, U.S.C., Sections 371 and 242

    Maximum penalty: One year in prison and $100,000 fine

    INVESTIGATING AGENCY

    Federal Bureau of Investigation

    Honolulu Division

    MIL Security OSI

  • MIL-OSI Australia: 60-2025: Services Restored: Wednesday 05 March 2025 – BICON

    Source: Australia Government Statements – Agriculture

    05 March 2025

    Who does this notice affect?

    All clients of the department’s Biosecurity Import Conditions System (BICON) website.

    Information

    Restored time:

    As of 19:30 Tuesday 04 March 2025 (AEDT).

    Detail:

    Between 09:30 and 19:30 on Tuesday 04 March 2025 (AEDT), the BICON website was experiencing an unplanned service disruption. As a result, users may have experienced service degradation (e.g. slowness) and/or an inability to…

    MIL OSI News

  • MIL-OSI USA: Welch Statement on President Trump’s Joint Address to Congress

    US Senate News:

    Source: United States Senator Peter Welch (D-Vermont)
    WASHINGTON, D.C. – U.S. Senator Peter Welch (D-Vt.) released the following statement in advance of President Trump’s Joint Address to Congress this evening: 
    “President Trump’s second term is off to a chaotic and cruel start. The past 43 days have delivered an incredible disruption to Vermont families and communities—the complete opposite of the economic relief and stability people need. We’ve entered a painful trade war sparked entirely by the President’s whims. He’s illegally frozen congressionally-appropriated funds, fired thousands of government workers at the direction of Elon Musk, and is creating a constitutional crisis.
    “I am thankful to be joined tonight by Allison Hope of the Vermont Maple Sugar Makers’ Association. Allison and Vermont’s best-in-the-nation sugar makers know all too well the impact of Trump’s Trade War, which took a dangerous turn today. The maple industry, like so many industries in Vermont, will be hit by the new tariffs on Canada. The President’s tariffs are a reckless tax hike for America’s farmers, businesses and families. The honest and simple truth is that nobody wins a trade war.  
    “I hope to hear tonight about how President Trump plans to lower grocery and health care costs for families, create jobs, and support working families—plans that he forgot to include in his inaugural address. I want to remind my colleagues across the aisle that all of us were elected to serve the best interests of our constituents and not to be enablers of policies that hurt them. Congress has an obligation to act as a check on the executive branch, especially when the president exceeds his constitutional authority. It’s not too late for Republicans in Congress to stand up to Donald Trump, stand up for democracy, and uphold Congress’s role as a separate and equal branch of government.” 

    MIL OSI USA News

  • MIL-OSI United Nations: Education for Democracy, Agreement on Conservation of Marine Biological Diversity among Several Resolutions Adopted by General Assembly

    Source: United Nations MIL OSI b

    Poland’s President Warns of Resurgence of ‘Russian Imperialism’, Calls War on Ukraine ‘Beginning of Effort to Violently Destroy International Order’

    The General Assembly, over the course of two meetings today, adopted seven resolutions — some drawing more contention than others — and heard an address by the President of Poland.

    International Day for Judicial Well-being

    First, the General Assembly took up the draft resolution titled “International Day for Judicial Well-being” (document A/79/L.52).  Introducing the text, Lionel Rouwen Aingimea, Minister for Foreign Affairs and Trade of Nauru, stressed that — while the judiciary “serves as a cornerstone of justice” — challenges faced by judicial officers have long been overlooked.

    However, the representative of the United States said that his delegation will request a recorded vote — and vote no — “because this resolution represents the internationalization of the self-care movement and the migration of it into domains where it does not belong”.

    The Assembly then adopted the resolution by a recorded vote of 160 in favour to 1 against (United States), with 3 abstentions (Haiti, Madagascar, Syria).  Through the text, the General Assembly decided to proclaim 25 July of each year the International Day for Judicial Well-being.

    Education for Democracy

    Next, the Assembly considered the draft resolution titled “Education for democracy” (document A/79/L.56).  The representative of Mongolia introduced that text, emphasizing that an inclusive education system empowers individuals and strengthens governance institutions.  The text therefore calls for investments in quality education and lifelong learning, also urging Member States to harness the potential of digital technologies to advance education for democracy, he said.

    The representative of the United States said that his delegation will again call for a recorded vote — and vote no — on this draft “because much of the text violates United States policies”.  Specifically, he said that its discussion of misinformation and disinformation is an “unequivocal red line for the United States”, as these terms are “intentionally nebulous and ill-defined so they can be wielded as tools of censorship”.

    The Assembly then adopted the resolution by a recorded vote of 151 in favour to 1 against (United States), with 8 abstentions (Argentina, Belarus, Fiji, Madagascar, Russian Federation, Samoa, Solomon Islands, Syria).  Through the text, the Assembly strongly encouraged Member States and education authorities to integrate education for democracy — along with civic education and human-rights education, among others — into their education standards.

    After the vote, the representative of the Russian Federation noted that “democracy does not have a universal definition or a single model”.  She also disassociated from the text’s reference to the Office of the United Nations High Commissioner for Human Rights (OHCHR), stating that mention of the Office in a resolution about education is “unjustified” — a point echoed by Nicaragua’s representative.

    Iran’s representative, meanwhile, said that the 2030 Agenda for Sustainable Development and the Education 2030 Incheon Declaration are “absolutely non-legally binding”.  Disassociating from relevant paragraphs, he said that Iran’s national plans and programmes “will be our final source of action and reference”.  Argentina’s representative also disassociated from several paragraphs, stressing that “every State, within its own sovereignty, has the right to participate [in the 2030 Agenda] — or not”.

    UN Regional Centre for the Sustainable Development Goals (SDGs) for Central Asia and Afghanistan

    The Assembly then turned to the draft resolution titled “United Nations Regional Centre for the Sustainable Development Goals for Central Asia and Afghanistan” (document A/79/L.57/Rev.1).  Introducing that text, the representative of Kazakhstan said that the Centre aims to address the specific needs of Central Asian countries, which each possesses unique challenges and opportunities that are shaped by diverse socioeconomic contexts, cultural realities and environmental conditions.

    The representative of the Russian Federation then noted that the countries of Central Asia are “unified by a shared history, similar geographic and social conditions and shared challenges in development”.  Therefore, they must coordinate efforts and find shared regional solutions.  “This, in turn, meets the current trends to regionalize efforts in the area of development,” he noted.

    The Assembly then adopted the text without a vote, through which it decided to formalize the Centre in Almaty, Kazakhstan.  Further, it requested the Secretary-General to appoint its Head and further decided that the costs of all its activities shall be met by voluntary contributions.

    After the vote, several delegates expressed concern over the process by which this text was negotiated.  Switzerland’s representative said that her delegation would have preferred more transparency and inclusivity, while the representative of Türkiye said that the wider membership was not sufficiently consulted during negotiations.  Mexico’s representative expressed hope that “this way of carrying out multilateral negotiations will not be repeated in other processes”.

    Meanwhile, the representative of the United States said that Kazakhstan “needs neither an expanded UN system nor the SDGs in order to prosper — it should instead make sovereign decisions for its people and cast aside the burden of soft global governance”.  For her part, Australia’s representative — also speaking for Canada and New Zealand — welcomed the adoption.

    International Day of Peaceful Coexistence and International Day of Hope

    The Assembly also considered the draft resolution titled “International Day of Peaceful Coexistence” (document A/79/L.53).  Abdulla bin Ahmed Al Khalifa, Minister for Transportation and Telecommunications of Bahrain, introducing that text, said that it reaffirms the role of Member States and other stakeholders in promoting tolerance, respect for religious and cultural diversity and human rights.

    The representative of the United States again said that his delegation will call for a recorded vote on this text — and vote no — expressing concern that the resolution “advances a programme of soft global governance that is inconsistent with US sovereignty”.  He added:  “Simply put, globalist endeavours like Agenda 2030 and the SDGs lost at the ballot box; therefore, the US rejects and denounces the Agenda 2030 for Sustainable Development and the SDGs.”

    He also expressed concern that the resolution’s titular reference to “peaceful coexistence” could be “co-opted to imply the United Nations’ endorsement of China’s ‘Five Principles of Peaceful Coexistence’”.  Speaking in exercise of the right of reply, China’s representative said that such principles are “widely recognized by the international community and contained in many international instruments”.

    Adopting the resolution by a recorded vote of 162 in favour to 3 against (Argentina, Israel, United States), with 2 abstentions (Paraguay, Peru), the Assembly decided to proclaim 28 January as the International Day of Peaceful Coexistence, to be observed annually.

    The Assembly then turned to the draft resolution titled “International Day of Hope” (document A/79/L.54).  Introducing it, Kiribati’s representative said that hope is “a force that has carried humanity through the darkest of times and propelled us towards a future of possibility, resilience and renewal”.  However, he expressed disappointment over the decision by the United States to force a vote.

    On that, the delegate of the United States said that the text “contains references to diversity, equity and inclusion that conflict with US policies that seek to eliminate all forms of discrimination and create equal opportunities for all”.  He added: “In a world that faces many challenges, funding and effort should be allocated to critical causes and crises, rather than International Days.”

    The Assembly then adopted the text by a recorded vote of 161 in favour to 1 against (United States), with 4 abstentions (India, Paraguay, Peru, Türkiye), through which it decided to declare 12 July the International Day of Hope.

    “What we’ve just seen this morning is a clear example of the lack of commitment by the United States to a culture of peace, to the United Nations as a whole and to multilateralism in general,” stressed the representative of Cuba, after the vote.

    Agreement on Conservation and Sustainable Use of Marine Biological Diversity of Areas Beyond National Jurisdiction

    The Assembly also took up the draft resolution titled “Agreement under the United Nations Convention on the law of the Sea on the Conservation and Sustainable Use of Marine Biological Diversity of Areas beyond National Jurisdiction” (document A/79/L.55).  Singapore’s representative, introducing the text, called on States to ratify the agreement. He also made an oral revision to replace “welcome” with “take note of” regarding signatures and ratifications of the agreement to date.

    The Assembly then adopted that text, as orally revised, without a vote.  By its terms, the Assembly called on all States and regional economic integration organizations that have not done so to consider signing, ratifying, approving or accepting the Agreement as soon as possible.

    However, the representative of the Russian Federation disassociated from consensus, stating that mechanisms to establish marine protected areas without appropriate scientific research “run the risk of abuse and unsubstantiated restriction of rights, freedoms and legitimate interests of States on the high seas”.  His counterpart from the United States, meanwhile, said that her country is “currently reviewing its policies and does not take a position on this matter”.

    Eightieth Anniversary of the End of the Second World War

    The Assembly also adopted, without a vote, a text titled “Eightieth anniversary of the end of the Second World War” (document A/79/L.51), which requested the holding of a special meeting of the Assembly to commemorate all victims of the Second World War in the second week of May in 2025 and every five years thereafter.

    The representative of the Russian Federation, introducing that text, said that 2025 marks the eightieth anniversary of the victory over Nazism, fascism and Japanese militarism.  Paying tribute to the millions who were sacrificed for that victory — including 27 million from the Soviet Union — he said that the international community has a shared duty to honour that victory.

    However, Ukraine’s representative underscored that it is the “height of cynicism” for a State engaged in an unprovoked war of aggression to attempt to unite nations around the memory of the Second World War.  She added:  “Despite the high price paid for peace, the promise of ‘never again’ remains unfulfilled — today, Europe is witnessing the most brutal war since Hitler.”

    The representative of the United Kingdom, similarly, pointed to the “fundamental irony of Russia summoning us here today”, having presented a resolution “to mark the end of one war in Europe having started another”.  Lithuania’s representative added:  “Today, Russia instrumentalizes the memory of the Second World War to justify its own crimes, both past and present.”  Poland’s representative, also speaking for a group of 34 other European States, spotlighted the Russian Federation’s “cynicism of using ‘de-Nazification’ to justify its illegal aggression and occupation of part of an independent UN Member State”.

    “We have to say this — the sponsor of this resolution simply does not live by the words of the UN Charter,” stressed the representative of Canada, also speaking for Australia and New Zealand.  “Russia’s aggression — and we must name it precisely — and its bid to expand its territory at the expense of the sovereignty and territorial integrity of other States is incompatible with the purposes and principles of the Charter,” he said.

    For his part, the representative of the United States said that the “Russia-Ukraine war has waged on for far too long”, urging that the “UN be guided by its original purpose and unite to end the bloodshed”.  All Member States should recommit themselves to the “old vision of peace that propelled us out of the devastation and despair of World War II”, he added.  Israel’s representative said:  “It is our responsibility not only to remember but to ensure that future generations carry this memory forward to prevent history from repeating itself.”

    Speaking in exercise of the right of reply, the delegate of the Russian Federation expressed concern about the politicized statements delivered by the delegates of Poland, Ukraine, Lithuania and the United Kingdom.  It is the actions of European States, she said, that are hampering the settlement of the Ukraine conflict.

    Appointments to Joint Inspection Unit

    In other business, the Assembly decided, without a vote, to appoint Makiese Kinkela Augusto (Angola), Victor Moraru (Republic of Moldova), Jesús Miranda Hita (Spain) and Marcel Jullier (Switzerland) to the Joint Inspection Unit of the United Nations system, for a five-year term beginning 1 January 2026 and expiring on 31 December 2030.

    Address by President of Poland

    The General Assembly also heard an address by Andrzej Duda, President of Poland.  Noting that recent years have demonstrated how fragile peace and security are, he spotlighted the resurgence of “Russian imperialism”.  The 2014 attack on Ukraine marked “just the beginning of an effort to violently destroy the international order”, he said.

    Detailing Poland’s security cooperation, he pointed to the United States missile base in Redzikowo — an example of the “American security umbrella over Europe” — as well as recent talks with United States President Donald J. Trump.  Poland is also active in collective security systems and UN peacekeeping missions, and he also highlighted the Three Seas Initiative, which aims to improve connectivity among 13 countries across Central and Eastern Europe.

    “Poland has never imposed its views on anyone” or colonized another country, he went on to say.  Recalling his country’s long history, he invoked the construction of a powerful seventeenth-century State, gradual partitions, loss of independence, a 123-year-long independence struggle, the achievement of independence in 1918 and the destruction of that independence “by the two totalitarian regimes of the twentieth century:  Russian communism and German Nazism”.

    In the last 30 years of Poland’s history — after it broke free from the Russian Federation’s sphere of influence — it transformed from a backward, poor country with high unemployment into a highly developed State and the twenty-first largest economy in the world, he pointed out.  “Only peace can provide optimal conditions for development,” he said, adding that it is necessary to defend peace with real force.

    The representative of the Russian Federation, taking the floor under a point of order after the address, said that his delegation “had doubts” regarding the expediency of conducting today’s meeting.  “The President of Poland spent a lot of time on debating our country,” he said, adding that — although the Council adopted a text calling for peace between the Russian Federation and Ukraine — one of Poland’s leaders “talked about the logic of military focus” and providing support to Ukraine.

    MIL OSI United Nations News

  • MIL-OSI: Andrew Cardno to Highlight AI-Powered Energy Efficiency at Indian Gaming Association Trade Show

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, March 04, 2025 (GLOBE NEWSWIRE) — Quick Custom Intelligence (QCI) is pleased to announce that Andrew Cardno, Chief Technology Officer (CTO) of QCI, will deliver a highly anticipated presentation at the Indian Gaming Association Trade Show in San Diego. Cardno’s session, titled “Optimizing Efficiency: The Power of AI-Driven Analytics,” will take place on Wednesday, April 2nd, 2025, at 2:00 PM. The Indian Gaming Association Trade Show runs from March 31st to April 3rd, 2025.

    In his talk, Cardno will explore how AI-powered analytics is revolutionizing energy efficiency by optimizing resource allocation, predicting demand, and reducing waste. By leveraging machine learning and real-time data, tribal governments and enterprises can enhance energy management, improve grid reliability, and reduce operational costs. This session will delve into how AI-driven insights are transforming energy strategies—helping tribes maximize sustainability while ensuring long-term economic and environmental benefits in a rapidly evolving energy landscape.

    “Tribal governments and businesses stand at the forefront of a major shift in how we utilize technology to drive sustainable growth,” said Andrew Cardno, CTO of QCI. “AI-driven analytics give us the power to make informed decisions that not only cut costs but also create a positive environmental impact. I look forward to sharing insights on how this exciting technology can help tribes build a resilient, efficient future.”

    Victor Rocha, Conference Chair for the Indian Gaming Association, emphasized the importance of this conversation in the current climate of rapid technological advancement.

    “We’re excited to welcome Andrew Cardno to the Indian Gaming Association Trade Show,” said Rocha. “Our mission is to empower tribal leaders with cutting-edge solutions, and AI-driven analytics is a game-changer in energy management and sustainability. We believe this discussion will spark innovative strategies for tribal communities nationwide.”

    The Indian Gaming Association Trade Show is recognized as one of the premier events for tribal gaming, attracting thought leaders, innovators, and decision-makers from across the industry. Attendees will have the opportunity to learn about the latest advancements in technology and network with industry experts who are shaping the future of tribal enterprises.

    For more information on Andrew Cardno’s session or to register for the Indian Gaming Association Trade Show, visit www.indiangaming.org

    ABOUT The 2025 Indian Gaming Tradeshow and Convention
    As the premier events for the tribal gaming community, the Indian Gaming Tradeshow & Convention and Mid-Year Conference & Expo deliver the insight and strategies you need to rise to the top of the competitive gaming industry landscape. There’s no better opportunity to meet industry leaders, access cutting-edge trends and celebrate a proud tradition of success. For more information visit: www.indiangamingtradeshow.com.

    ABOUT QCI
    Quick Custom Intelligence (QCI) has pioneered the revolutionary QCI Enterprise Platform, an artificial intelligence platform that seamlessly integrates player development, marketing, and gaming operations with powerful, real-time tools designed specifically for the gaming and hospitality industries. Our advanced, highly configurable software is deployed in over 250 casino resorts across North America, Australia, New Zealand, Canada, Latin America, and Europe. The QCI AGI Platform, which manages more than $35 billion in annual gross gaming revenue, stands as a best-in-class solution, whether on-premises, hybrid, or cloud-based, enabling fully coordinated activities across all aspects of gaming or hospitality operations. QCI’s data-driven, AI-powered software propels swift, informed decision-making vital in the ever-changing casino industry, assisting casinos in optimizing resources and profits, crafting effective marketing campaigns, and enhancing customer loyalty. QCI was co-founded by Dr. Ralph Thomas and Mr. Andrew Cardno and is based in San Diego, with additional offices in Las Vegas, St. Louis, Dallas, and Tulsa. Main phone number: (858) 299.5715. Visit us at www.quickcustomintelligence.com.

    ABOUT Andrew Cardno
    Andrew Cardno is a distinguished figure in the realm of artificial intelligence and data plumbing. With over two decades spearheading private Ph.D. and master’s level research teams, his expertise has made significant waves in data tooling. Andrew’s innate ability to innovate has led him to devise numerous pioneering visualization methods. Of these, the most notable is the deep zoom image format, a groundbreaking innovation that has since become a cornerstone in the majority of today’s mapping tools. His leadership acumen has earned him two coveted Smithsonian Laureates, and teams under his mentorship have clinched 40 industry awards, including three pivotal gaming industry transformation awards. Together with Dr. Ralph Thomas, the duo co-founded Quick Custom Intelligence, amplifying their collaborative innovative capacities. A testament to his inventive prowess, Andrew boasts over 150 patent applications. Across various industries—be it telecommunications with Telstra Australia, retail with giants like Walmart and Best Buy, or the medical sector with esteemed institutions like City Of Hope and UCSD—Andrew’s impact is deeply felt. He has enriched the literature with insights, co-authoring eight influential books with Dr. Thomas and contributing to over 100 industry publications. An advocate for community and diversity, Andrew’s work has touched over 100 Native American Tribal Resorts, underscoring his expansive and inclusive professional endeavors.

    ABOUT Victor Rocha
    Victor Rocha holds the distinguished position of Conference Chairman for the Indian Gaming Association, while also leading Victor-Strategies as its president. As the owner and publisher of Pechanga.net, he has been deeply engaged in the political landscape of U.S. tribal gaming since 1998. Rocha’s outstanding contributions to the industry have been recognized through numerous accolades, such as AGEM’s 2023 Peter Mead Memorial Award Honoring Excellence in Gaming Media & Communication, the National Center for American Indian Enterprise Development’s 2015 Tribal Gaming Visionary Award, the American Gaming Association’s 2013 Lifetime Achievement Award for Gaming Communications, Raving’s 2012 Casino Marketing Lifetime Achievement Award, the National Indian Gaming Association’s 2002 Outstanding Contribution to Indian Country, VCAT’s 2001 Catalyst Award, and Global Gaming Business Magazine’s 2000 “40 Under 40” list.

    Contact:
    Laurel Kay, Quick Custom Intelligence
    Phone: 858-349-8354

    The MIL Network

  • MIL-OSI Australia: Discover the art of lost trades this weekend

    Source: State of Victoria Local Government 2

    Lost arts, rare trades and heritage crafts will be on display at the popular Lost Trades Fair this long weekend, Saturday March 8 to Monday March 10, at the Bendigo Racecourse.

    Talented creators will be demonstrating and exhibiting skills daily, with artisans including armourers, blacksmiths, clock makers, stonemasons, leadlighters, candle makers, soap makers, leatherworkers, bridle makers, bookbinders, paper makers, coopers, wheelwrights, spinners, toy makers, rope makers and more.

    City of Greater Bendigo Manager Economy & Experience James Myatt said the bumper event has something for everyone.

    “The Lost Trades Fair provides a unique experience for attendees to get up close and see for themselves how things are made by hand,” James said.

    “Attendees can meet the makers, watch demonstrations, learn more about sustainability and purchase hand crafted items.

    “Little tradies can enjoy the fair too, with activities for children including puppet shows, carriage rides, dipping beeswax candles and making wooden toys.

    “Pre-ticket sales show attendees are travelling to Bendigo from all over Australia and internationally to attend the fair, which is great for our tourism and hospitality businesses as people plan to stay and make the most of all Bendigo has to offer.”

    Running alongside the Lost Trades Fair this year is Lost Feasts, a program showcasing the best of Australia’s first UNESCO Creative City of Gastronomy.

    Lost Feasts celebrates local produce, growers, producers, chefs, food makers, vignerons, brewers, distillers and restaurants in central Victoria, with a range of dinners and events throughout the weekend at local venues to enjoy.

    MIL OSI News

  • MIL-OSI Global: A potential $110B economic hit: How Trump’s tariffs could mean rising costs for families, strain for states

    Source: The Conversation – USA – By Bedassa Tadesse, Professor of Economics, University of Minnesota Duluth

    A worker at a steel company in Monterrey, Nuevo Leon, Mexico, on Feb. 11, 2025. Julio Cesar Aguilar/AFP via Getty Images

    Get ready to pay more for avocados, maple syrup and – well – almost everything.

    The U.S. officially imposed new 25% tariffs on Canada and Mexico on March 4, 2025, following through on a long-delayed pledge from President Donald Trump. American consumers and businesses are now bracing for higher costs and potential supply disruptions.

    Although tariffs, or taxes on imports, are a pillar of Trump’s economic policy, the move still surprised many observers, since Mexico and Canada are among the U.S.’s traditional allies and top trading partners. The administration further rattled global supply chains by doubling existing tariffs on Chinese goods to 20%.

    As an economist who studies global trade, I wanted to know how the 25% import duties on Canada and Mexico would affect different parts of the country. So I conducted a state-by-state impact analysis.

    What I found is alarming: The U.S. economy could face an annual loss of US$109.23 billion. This shortfall would mean rising costs of everyday goods for American families and would disproportionately affect certain states. My analysis focused exclusively on the effects of U.S. tariffs, so it didn’t take retaliation from Canada or Mexico into account. If it did, the losses would be even greater.

    Unequal burdens for states, higher prices for families

    Imagine your grocery bill surging by 17.5% to 25%, car parts costing hundreds of dollars more, and your favorite local restaurant raising prices as imported ingredients become unaffordable. Because tariffs drive up consumer prices, these scenarios, or others like them, will soon become reality across the U.S.

    But not all Americans will be affected equally, I found. States that are deeply connected to North American supply chains will suffer the biggest economic blows. Texas, with its strong trade ties to Mexico and key role in energy, would lose $15.3 billion. California’s diverse economy would take a $10.2 billion hit. Michigan, heavily reliant on auto manufacturing, would face a $6.2 billion blow – over 1% of its gross domestic product.

    The biggest losers from the policy on a per-capita basis would be smaller, trade-dependent states that lack the flexibility to absorb such a shock. New Mexico, Kentucky and Indiana would be among the hardest hit, with projected GDP losses ranging from 1.12% to 1.48%. These states rely heavily on manufacturing and specialized industries, making them particularly vulnerable to rising costs and supply chain disruptions.

    Take New Mexico. While it may not experience the largest total economic loss, it would bear the highest per-person burden. That $1.73 billion hit to its economy would translate to $822 for every resident – a devastating blow in a state where incomes are already below the national average.

    Indeed, the likely effects of tariffs will be felt especially hard by American families. For example, a family of four in New Mexico would see an estimated $3,288 additional annual costs, equivalent to three months of grocery bills or an entire year’s utility expenses. Families in Kentucky and Indiana would also bear heavy financial burdens, paying an extra $3,120 and $2,836, respectively. Even in wealthier states such as Texas, the added annual costs would reach over $2,000 per household.

    For middle- and lower-income families, these aren’t trivial costs. They represent difficult trade-offs, forcing households to cut back on essentials, delay major purchases or dip into savings to make ends meet.

    A truck crosses the Ambassador Bridge, a border crossing between Windsor, Ontario, Canada, and Detroit, Mich., on March 1, 2025.
    Geoff Robins/AFP via Getty Images

    Where industry will face a tough hit

    Perhaps no industry would suffer more than the auto sector, particularly in states such as Michigan, Indiana and Kentucky. These regions rely on a highly integrated North American supply chain, where components cross borders multiple times before a final product reaches consumers. Tariffs would disrupt this delicate balance, leading to price increases, reduced production and job losses.

    My conservative estimate shows that such disruptions could cost the industry approximately $28.2 billion, putting around 680,000 jobs at risk across manufacturing, parts production and sales operations. And the ripple effects would extend beyond automakers to suppliers, dealerships and local economies.

    But the pain wouldn’t stop there. Manufacturing, which plays a critical role in 17 of the top 20 states most affected by tariffs, would also face rising costs and shrinking profit margins. The agricultural sector – vital in at least 10 states – would endure higher input costs and potential retaliatory tariffs from Mexico and Canada. Past trade disputes have shown that American farmers often bear the brunt of such policies, with lost export markets and declining revenues.

    During the U.S.-China trade war of 2018-2019, for example, American farmers suffered over $27 billion in losses, with soybean exports dropping by 71% and states such as Iowa, Illinois and Kansas losing billions in GDP. The federal government paid affected farmers more than $23 billion to offset these losses. Similar – and possibly worse – challenges loom now.

    Retaliation from Mexico and Canada could deal a heavy blow to agricultural exports – including corn, beef and dairy – that anchor local economies, especially in Iowa, Nebraska and Wisconsin. Both countries have threatened countermeasures targeting key U.S. exports, raising concerns among farmers and agribusinesses. Retaliatory tariffs could shrink profit margins, further disrupt supply chains, and create uncertainty for producers relying on these markets.

    Looking at the bigger picture

    The new Trump tariff regime represents a fundamental shift in how the U.S. engages with its closest economic partners. While ostensibly meant to strengthen American industry, the tariffs on offer have serious side effects that will likely cause widespread disruptions for businesses, consumers and entire state economies.

    Trade isn’t just about numbers on a spreadsheet. It’s about real people, real businesses and the intricate economic fabric that connects the nation. Changes to this system can come at a high price. Safeguarding American jobs and ensuring economic stability entails recognizing the realities of global trade and considering the trade-offs of instituting new policies.

    While tariffs are one method of disrupting the status quo, they are far from the only way. Indeed, reform is also possible through targeted policies – including negotiated trade agreements, investment incentives and workforce development programs – that address trade concerns without altering deeply integrated supply chains.

    Bedassa Tadesse does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    ref. A potential $110B economic hit: How Trump’s tariffs could mean rising costs for families, strain for states – https://theconversation.com/a-potential-110b-economic-hit-how-trumps-tariffs-could-mean-rising-costs-for-families-strain-for-states-251028

    MIL OSI – Global Reports

  • MIL-OSI Australia: NSW Industry Policy to set ambitious new Local Manufacturing targets

    Source: New South Wales Premiere

    Published: 5 March 2025

    Released by: Minister for Industry and Trade


    The Minns Labor Government has today released the state’s first NSW Industry Policy to promote collaboration across industry, the innovation sector, and trade businesses, to give firms the confidence they need to invest and grow in NSW.

    Built around three connected missions – Housing, Net Zero & Energy Transition, and Local Manufacturing – the NSW Industry Policy sets out the Government’s approach to the NSW economy of the future.

    The policy will also set three ambitious new Local Manufacturing targets to position NSW manufacturing to capitalise on global market opportunities.

    The Minns Labor Government is committed to building a better NSW with a thriving and diversified economy, and the NSW Industry Policy will provide a clear strategic direction across all Government agencies and programs.

    This approach will ensure industry support is clear and consistent, driving investment to help build a productive and resilient economy fit for the future.

    This first-of-a-kind policy, consolidates actions from the private sector, research institutions, and Government agencies to help address some of the most significant current and future challenges facing the state.

    The NSW Industry Policy was informed by extensive consultation with industry peak bodies, academia, and engagement with NSW Government agencies.

    It consolidates targets across numerous government initiatives and identifies key sectors to enable success across all industries.

    The Minns Labor Government will use regulation, procurement, planning, strategic land use, and infrastructure building to help drive change.

    The Government will also partner with industry and other stakeholders to deliver on skills and education, innovation and technology, and trade and investment, to help ensure the policy’s success. 

    A thriving economy in NSW benefits everyone, creates more and better jobs, improves the way we make and do things, and grows the prosperity and wellbeing of the people of NSW.

    Key to this is a diversified industry base and protecting our economy from future shocks which the three central missions will help address.

    Mission 1: NSW residents have access to safe, secure, affordable, well-designed and sustainable housing

    Housing affordability and availability has become one of the state’s biggest challenges.

    Due to the Liberal-National decade of delay, housing supply has not kept up with demand, contributing to increased pressure on prices and rents.

    To improve productivity and sustainability, put downward pressure on construction costs, and increase supply, the Minns Labor Government will focus on increasing the uptake of advanced technologies and innovation in the production and use of sustainable building materials.

    Innovative methods, including modular construction and the potential use of automation and robotics, will help the delivery of new homes.

    The Minns Labor Government is investing more than $8.5 billion to address the housing challenge through investment in social housing and homelessness services, planning reforms, and housing-enabling infrastructure and rental housing.

    Mission 2: NSW is a globally competitive clean energy, sustainable and low carbon economy

    NSW has the potential be a leading force in the global net zero economy, including through our abundance of critical minerals, which are essential components of clean energy and low carbon technologies.

    Developing sustainable industries that export goods and services to other decarbonising markets is critical to offsetting the decline in carbon-intensive industries.

    Renewable fuels are one opportunity for NSW to reduce emissions in hard-to-abate industries such as freight, while contributing to fuel security and growing regional NSW economies.

    The progression of a commercial green hydrogen sector would also produce low-emissions products and fuels for domestic trade purposes.

    The Minns Labor Government invested $3.5 billion in Climate Change and Energy initiatives in the 2024-25 Budget, including $3.1 billion in NSW’s Renewable Energy Zones, getting more clean energy into the grid while creating secure jobs for communities across the state.

    Mission 3: NSW is a dynamic and resilient economy supported by local manufacturing

    Manufacturing declined nationally over the past two decades.

    NSW manufacturers face significant challenges, including high costs and weak supply chains.

    In light of these challenges, growing local manufacturing will require NSW to leverage its comparative advantages including its skilled workforce, infrastructure, and abundant resources.

    In order to combat these challenges, the Minns Labor Government has set three new Local Manufacturing targets:

    Target 1: NSW Gross Value Added for manufacturing achieves real growth on average over the years to 2031.

    Target 2: NSW Gross Value Added for manufacturing achieves growth equal to, or greater than Gross State Product on average in the years between 2031 and 2040.

    Target 3: Achieve a 50% minimum local content target for future rolling transport stock by 2035.

    Advanced manufacturing technologies will also provide new opportunities for NSW to be globally competitive in complex and high-value products while NSW manufacturers can benefit from the global transition to net zero.

    Innovative new technologies in big data, artificial intelligence, quantum, virtual reality, and robotics are dramatically changing manufacturing processes, from design and prototyping to the actual fabrication of products.

    The Minns Labor Government has already committed over $600 million to drive investment in local manufacturing.

    This investment has helped manufacturing in NSW grow two consecutive years for the first time in two decades.

    Link to the NSW Industry Policy available here: https://www.investment.nsw.gov.au/why-nsw/resources/nsw-industry-policy/

    Quotes attributable to the Minister for Industry and Trade Anoulack Chanthivong:

    “The NSW Industry Policy details the Minns Labor Government’s vision and plans for the economic future of NSW and provides the strategic direction across all Government agencies and programs to drive industry investment.

    “This is a clear and stable policy approach to help guide private sector investment needed to increase jobs and productivity in NSW.

    “Addressing the housing crisis, supporting NSW through the transition to Net Zero, and growing our local manufacturing industry are among our key priorities.

    “NSW manufacturing grew in only two years in the 2010s under the previous Liberal-National Government.

    “With three new Local Manufacturing targets, we have demonstrated a real commitment to supporting local manufacturing to promote a dynamic, sustainable, and diversified economy.

    “We want to see a manufacturing industry that is innovative, productive, and boosts Australia’s sovereign capability.

    “Our ambition is clear: to build a better NSW and to make our state the most attractive place for people to live and work, and for local businesses to thrive.”

    Quotes attributable to State Secretary of the AMWU Brad Pidgeon:

    “This policy, particularly the three new Local Manufacturing targets, provides a huge boost for manufacturing workers right across the state.

    “We need an ambitious vision for and support for our local manufacturing industry and this policy provides just that.”

    Quotes attributable to NSW Head of Australian Industry Group Helen Waldron:

    “The NSW Industry Policy provides the certainty and clarity that NSW businesses need to thrive in our rapidly changing economy.

    “Having a clear, overarching strategic vision from the NSW Government provides NSW industry with the tools it needs to attract and grow investment supported by Government policy settings.”

    MIL OSI News

  • MIL-OSI: LanzaTech Announces Progress on Strategic Actions to Sharpen Business Focus and Improve Cost Structure

    Source: GlobeNewswire (MIL-OSI)

    Executing initiatives to streamline priorities and drive approximately $30 million of annual cash operating expense reductions

    Reschedules fourth quarter and full-year 2024 earnings conference call

    CHICAGO, March 04, 2025 (GLOBE NEWSWIRE) — LanzaTech Global, Inc. (NASDAQ: LNZA) (“LanzaTech” or the “Company”), a carbon management solutions company, today announced progress on strategic actions being taken to transition the Company from an innovation hub to a profitable enterprise. Additionally, the Company has rescheduled its fourth quarter and full-year 2024 earnings call to March 31, 2025, to more closely align with the filing of its Annual Report on Form 10-K.

    “Over the last two decades, LanzaTech has been at the forefront of carbon management innovation, pushing the boundaries to establish new products and markets,” said Dr. Jennifer Holmgren, Chair and CEO of LanzaTech. “As we shift the Company’s focus from research and development to globally deploying our proven technology, we are pursuing partnership opportunities for technologies that are ready to stand on their own and sharpening our focus on high-impact commercial projects that align more with a path to profitability. As part of this transition, we continue to action plans to right-size our cost structure and expect to achieve significant annual cash cost savings as a result.”

    Along with the recently announced intention to spin out the Company’s synthetic biology platform referred to as LanzaX, LanzaTech is evaluating scale up opportunities for its nutritional protein capabilities referred to as LanzaTech Nutritional Protein (“LNP”). This strategic approach is designed to enable these platforms to access the capital required to accelerate the development of their independent pipelines of existing projects. It will also enable LanzaTech to have a sharper focus on the growth priorities of the Company’s core biorefining operations, including the technology’s inclusion in integrated waste-based ethanol to Sustainable Aviation Fuel (“SAF”).

    Examples of high-priority commercial projects under development include a project in the United Kingdom and a project in the European Union, each 30-million gallon per year, waste-based ethanol-to-SAF facilities that will leverage the LanzaTech and LanzaJet CirculAir™ solution to form an efficient and economically compelling offering that provides the aviation industry with a platform to produce waste-based SAF globally.

    Additionally, the Company is implementing strategic measures to scale its business globally with greater cost efficiency. This includes evaluating its global footprint, with anticipated consolidations expected to reduce the workforce by approximately 10 to 15 percent. These measures, combined with the LanzaX and LNP strategic opportunities, and other cost savings plans, have the potential to result in approximately $30 million of annual cash operating expense reductions.

    LanzaTech Reschedules Fourth Quarter and Full-Year 2024 Earnings Call
    The Company announced today that it has rescheduled its previously announced earnings release and conference call. The Company now intends to release its fourth quarter and full-year 2024 earnings results on Monday, March 31, 2025, and host its conference call the same day at 8:30 a.m. Eastern Time. The change is to more closely align the Company’s earnings call with the filing of its Annual Report on Form 10-K.

    The conference call may be accessed via a live webcast on a listen-only basis through the Events and Presentations section of LanzaTech’s Investor Relations website. An archive of the webcast will be available for twelve months.

    To attend the live conference call via telephone, domestic callers can access by dialing (800) 225-9448 and international callers can access by dialing (203) 518-9708, and using the conference identification code LANZA.

    A replay of the conference call will be available shortly after the call ends and can be accessed by domestic callers by dialing (844)-512-2921 and by international callers by dialing (412)-317-6671, and entering the access identification code 11157950. The replay will be available until 11:59 pm Eastern Time April 14, 2025.

    About LanzaTech
    LanzaTech Global, Inc. (NASDAQ: LNZA) is a leading carbon recycling company transforming waste carbon into sustainable fuels, chemicals, materials, and protein for everyday products. Using its bio-recycling technology, LanzaTech captures carbon generated by energy-intensive industries at the source, preventing it from being emitted into the air. LanzaTech then gives that captured carbon a new life as a clean replacement for virgin fossil carbon in everything from household cleaners and clothing fibers to packaging and fuels. By partnering with companies across the global supply chain like ArcelorMittal, Coty, Craghoppers, and LanzaJet, LanzaTech is paving the way for a circular carbon economy. For more information about LanzaTech, visit https://lanzatech.com.

    Forward Looking Statements
    This press release includes forward-looking statements regarding, among other things, the plans, strategies, and prospects, both business and financial, of LanzaTech. These statements are based on the beliefs, assumptions, projections and conclusions of LanzaTech’s management. Forward-looking statements are inherently subject to risks, uncertainties and assumptions, many of which are outside LanzaTech’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. LanzaTech cannot assure you that it will achieve or realize these plans, intentions or expectations. Forward-looking statements are not guarantees of future performance, conditions or results, and you should not rely on forward-looking statements.

    Generally, statements that are not historical facts, including those concerning possible or assumed future actions, business strategies, events or results of operations, are forward-looking statements. These statements may be preceded by, followed by or include the words “believes,” “estimates,” “expects,” “projects,” “forecasts,” “may,” “will,” “should,” “seeks,” “plans,” “scheduled,” “anticipates,” “intends” or similar expressions. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: timing delays in the advancement of projects to the final investment decision stage or into construction; failure by customers to adopt new technologies and platforms; fluctuations in the availability and cost of feedstocks and other process inputs; the availability and continuation of government funding and support; broader economic conditions, including inflation, interest rates, supply chain disruptions, employment conditions, and competitive pressures; unforeseen technical, regulatory, or commercial challenges in scaling proprietary technologies, business functions or operational disruptions; and other economic, business, or competitive factors, and other risks and uncertainties, including the risk factors and other information contained in LanzaTech’s most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q, as well as other existing and future filings with the U.S. Securities and Exchange Commission.

    Any forward-looking statement herein is based only on information currently available to LanzaTech and speaks only as of the date on which it is made. LanzaTech undertakes no obligations to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

    Contacts:

    Kate Walsh
    VP, Investor Relations
    Investor.Relations@lanzatech.com

    The MIL Network

  • MIL-OSI USA: Tuberville Introduces Bill To Put American Farmers and Producers First

    US Senate News:

    Source: United States Senator for Alabama Tommy Tuberville
    WASHINGTON – U.S. Senator Tommy Tuberville (R-AL) joined U.S. Senator Bill Cassidy (R-LA) in re-introducing the Prioritizing Offensive Agricultural Disputes and Enforcement Act, which will help eliminate trade barriers that harm American farmers, producers, and businesses, leading to higher prices for consumers. This legislation aims to protect U.S. agriculture while ensuring that the food which appears on U.S. store shelves meets U.S. health standards.
    “America’s ag industry can out-compete anyone in the world—as long as the rules are fair,” said Senator Tuberville. “But right now, our farmers, producers, and fishermen are suffering because of foreign countries violating their trade obligations. We must level the playing field to bolster our domestic ag industry. We must eliminate barriers to our agriculture exports. I will continue to keep working to remove red tape for those in our ag industry.”
    Joining Senators Tuberville and Cassidy in re-introducing this legislation are U.S. Senators John Boozman (R-AR) and Joni Ernst (R-IA). Sen. Tuberville cosponsored this legislation in the 118th Congress as well.
    BACKGROUND:
    The Prioritizing Offensive Agricultural Disputes and Enforcement Act establishes a joint task force on agricultural trade enforcement led by the U.S. Trade Representative (USTR). The task force will more proactively monitor upcoming Indian and Chinese industrial subsidies, rather than waiting to react after subsidies are in place. The bill will also require the task force to report recommendations to Congress to deal with unfair subsidies they identify, like India dumping shrimp on the U.S. market, driving down income for American fisherman.
    Establishing a USDA-USTR task force urges USTR to hold bad actors, like India, accountable for agricultural WTO violations and requires regular reporting to Congress and industry on those efforts. 
    Since 2005, the U.S. has imposed antidumping duties and conducted reviews of those duties on shrimp. These antidumping duties were placed on foreign shrimp suppliers as a result of unfair trade practices. These practices flooded the U.S. shrimp market with foreign frozen warmwater shrimp, deteriorating the per-pound price from $6.50 in 1980 to under $1.00 today. The decline in shrimp prices has driven domestic harvesters out of business and allowed foreign entities to control this U.S. market. India is the world’s top shrimp exporter, accounting for roughly 40 percent of U.S. shrimp imports, largely due to massive subsidies from the Indian government.
    Alabama shrimp farmers produce approximately 200,000 to 300,000 pounds of farm-raised shrimp annually. In 2022, commercial wild-shrimp landings totaled approximately 24.3 million pounds, with over $52 million in value, in Alabama.
    As Alabama’s voice on the Senate Ag Committee, Senator Tuberville has taken rigorous action to bolster and safeguard our own domestic agriculture industry, including recently reintroducing the Protecting America’s Agricultural Land from Foreign Harm Act and Foreign Adversary Risk Management (FARM) Act. 
    MORE:
    Tuberville Honors National Agriculture Week, Continues to Stand Up for Farmers
    Tuberville Continues Fighting Foreign Influence in American Agriculture
    Tuberville Gets the Gavel for Key Agriculture Subcommittee
    Tuberville Continues Push to Combat Chinese Influence in U.S. Agriculture 
    Tuberville, Colleagues Stand up for Agriculture Producers
    Tuberville Introduces Bill to Combat Foreign Influence in U.S. Agriculture Industry
    Tuberville Announces Agriculture Subcommittee Assignments
    Tuberville Statement on Tom Vilsack Confirmation as Secretary of Agriculture
    Tuberville Advocates for Farmers During Senate AG Hearing
    Senator Tommy Tuberville represents Alabama in the United States Senate and is a member of the Senate Armed Services, Agriculture, Veterans’ Affairs, HELP, and Aging Committees.

    MIL OSI USA News

  • MIL-OSI: Nokia Corporation: Repurchase of own shares on 04.03.2025

    Source: GlobeNewswire (MIL-OSI)

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

    Nokia Corporation: Repurchase of own shares on 04.03.2025

    Espoo, Finland – On 4 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 2,620,152 4.76
    CEUX 1,073,651 4.75
    BATE
    AQEU 100,000 4.75
    TQEX
    Total 3,793,803 4.76

    * 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 4 March 2025 was EUR 18,043,327. After the disclosed transactions, Nokia Corporation holds 142,405,206 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 Europe: Written question – EU-Mercosur and the Paris Climate Agreement – E-000789/2025

    Source: European Parliament

    Question for written answer  E-000789/2025
    to the Commission
    Rule 144
    Kathleen Funchion (The Left), Lynn Boylan (The Left)

    President Javier Milei of Argentina has in the past suggested that Argentina may exit the Paris Climate Agreement.

    A fact sheet[1] on the EU-Mercosur partnership agreement published by the Commission states:

    ‘In the agreement, the EU and Mercosur commit to effectively implement the Paris Climate Agreement and to cooperate on the climate aspects of trade. Furthermore, the Paris Agreement on Climate Change becomes an “essential element” of the agreement, which means that a party can suspend the agreement if it considers that there is a serious breach of the Paris Agreement or if a party leaves the Paris Agreement.’

    Can the Commission confirm that should Argentina exit the Paris Climate Agreement, this would result in the immediate suspension of the EU-Mercosur agreement, as stated in the Commission fact sheet?

    Submitted: 20.2.2025

    • [1] https://ec.europa.eu/commission/presscorner/api/files/attachment/880029/Factsheet%20EU-Mercosur%20Trade%20Agreement%20-%20Sustainable%20Development.pdf.
    Last updated: 3 March 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Answer to a written question – Mercosur – E-002033/2024(ASW)

    Source: European Parliament

    The Commission views the EU-Mercosur Agreement as politically and economically vital. The Commission’s objective is to ensure that the EU-Mercosur Agreement[1] delivers on the EU’s sustainability goals, while respecting the EU’s sensitivities in the agricultural sector.

    Chief Negotiators met in October 2024 to discuss the outstanding issues. These include: the EU proposal for a Trade and Sustainable Development (TSD) Joint Instrument[2], inclusion of the Paris Agreement as an essential element of the EU-Mercosur Agreement and Mercosur’s interests in the areas of public procurement, vehicles, export duties, a rebalancing mechanism, and a protocol on cooperation.

    On 6 December at the Mercosur Summit in Montevideo, the EU and Mercosur reached a political agreement concluding the negotiations.

    In September 2024, eleven Member States[3] addressed a letter to the President expressing strong support for a rapid conclusion of the negotiations on the EU-Mercosur Agreement.

    These Member States reiterated the high geopolitical and geoeconomic importance of the Agreement and its essential role in maintaining the EU’s economic and political influence in the region.

    They also noted that the agreement provides a unique platform for cooperation between the EU and the Mercosur countries on trade and sustainable development matters, ensuring that we can achieve our common sustainability and climate change ambitions.

    • [1] https://policy.trade.ec.europa.eu/eu-trade-relationships-country-and-region/countries-and-regions/mercosur/eu-mercosur-agreement_en
    • [2] https://circabc.europa.eu/ui/group/09242a36-a438-40fd-a7af-fe32e36cbd0e/library/da997440-4edb-437d-aa4a-3cb9a5e77930/details?download=true
    • [3] The following Member States are signatories to the letter: Croatia, the Czech Republic, Denmark, Estonia, Finland, Germany, Latvia, Luxembourg, Portugal, Spain and Sweden.
    Last updated: 4 March 2025

    MIL OSI Europe News

  • MIL-OSI USA: IAM, NFFE-IAM Say Thank You to Federal Workers Outside Veterans Affairs Headquarters

    Source: US GOIAM Union

    The IAM Union and the National Federation of Federal Employees (NFFE-IAM) held an event on Monday, March 3 to celebrate and honor federal employees’ hard work and dedication. During peak commute hours, the event took place outside the McPherson Square Metro Station, with supporters gathering to show appreciation for federal workers who provide essential services across the nation. The U.S. Veterans Affairs Department is housed above the station’s Vermont Avenue exit.

    View photos from the event here

    The IAM Union, America’s largest defense labor union, boasts the highest percentage of military veteran members in the labor movement. NFFE-IAM, which represents more than 100,000 federal workers, and other labor allies joined the event.

    ‘Federal workers are heroes’: Unions show support for federal employees amid layoffs DC News Now

    “Federal workers are the backbone of our country, serving our communities and protecting our citizens every day,” said IAM Union International President Brian Bryant. “Today, we stood together to show them our gratitude and support, not just for one day, but every day. It is an honor to represent these dedicated individuals who deserve our thanks and recognition for their service to our nation.”

    Federal workers rally in DC FOX 5 News DC

    Union members engaged with commuting federal workers and held signs thanking them for their service. Many of the workers were thankful for today’s appreciation event. 

    Watch a video recap here.

    “Federal workers are the unsung heroes of our government,” said NFFE-IAM National President Randy Erwin. “We value their commitment to serving the American people, and we are proud to represent our members at Veterans Affairs. We will always fight to ensure their voices are heard and their rights are respected.”

    The event underscored the importance of supporting federal employees when they are under attack from the so-called Department of Government Efficiency (DOGE).

    Unions, federal workers show out to support in DC amid sweeping government cuts WTOP

    “We wanted to send a strong message today and let this current administration know that federal workers are not waste, fraud, and abuse, but people,” said IAM Union National Legislative and Political Director Hasan Solomon. “Today, we celebrated the strength and dedication of being a federal worker. Federal workers matter, their work matters, and their Union will stand with them through this fight.”  

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    MIL OSI USA News

  • MIL-OSI Economics: Revamped WTO tariff and trade platform enhances access to data

    Source: World Trade Organization

    The TTD platform, which improves on the previous Tariff Analysis Online facility, aggregates official information about applied tariffs and import data notified by WTO members to the WTO’s Integrated Data Base (IDB), and bound duties (agreed maximum tariffs) and other commitments recorded in the WTO’s Consolidated Tariff Schedules (CTS) database. This data is supplemented by the WTO Analytical Database (ADB), which integrates WTO sources such as regional trade agreements (RTA) and external partners such as the International Trade Centre, UN Comtrade and Trade Data Monitor. The platform follows a multi-tiered update schedule, with updates ranging from daily to monthly, depending on the data source. 

    The TTD features include:

    • Profiles for over 150 economies containing key statistical indicators on tariffs and trade
    • Bilateral trade dataset of annual bilateral flows broken down by product categories
    • Imports and exports pattern reports containing trade values and shares by partner and product
    • Time series reports providing tariffs and trade at aggregated level for multiple years since 1996
    • More detailed tariff information and import data at the tariff line level
    • Data download capabilities
    • A comprehensive inventory of notes on data coverage and other references and links to other WTO portals
    • Public access (no log-in required)

    TTD also complements other WTO initiatives aimed at creating integrated and interactive databases of trade measures across the organization. Additional functionalities and features are planned for future updates.

    For questions or feedback on Tariff & Trade Data, please contact [email protected].

    Share

    MIL OSI Economics

  • MIL-OSI Asia-Pac: PM Shri Narendra Modi addresses Post Budget Webinar on Manufacturing, Exports and Nuclear Energy

    Source: Government of India (2)

    PM Shri Narendra Modi addresses Post Budget Webinar on Manufacturing, Exports and Nuclear Energy

    Stakeholders discuss export ecosystem and e-commerce growth at the Webinar

    Export Promotion Mission (EPM), a proposed ₹2,250 crore initiative, to boost India’s exports: Experts

    Posted On: 04 MAR 2025 6:22PM by PIB Delhi

    As part of the Post-Budget Webinar on the Union Budget 2025-26, organized by NITI Aayog, various outreach sessions on Theme 3 comprising of discussions on the topics – Manufacturing, Exports and Nuclear Energy Missions, were successfully held on March 4, 2025. The Exports session, led by the Ministry of Commerce & Industry in consultation with the Ministry of Electronics & Information Technology (MeitY), brought together key stakeholders, including industry leaders, exporters, entrepreneurs, and policymakers, to deliberate on strategies to enhance India’s export capabilities and fortify the country’s global trade position.

    At the outset, Prime Minister of India addressed the participants of the Webinar. He highlighted the reforms undertaken by the Government to create an enabling and nurturing ecosystem for promoting Manufacturing and Exports in the country. He highlighted the transformative approach of the Union Budget 2025-26 which is in line with the reform-oriented agenda undertaken of the Government. He encouraged the participants to come forward with fresh and innovative ideas and contribute to policy formulation and implementation on the themes of Manufacturing, Exports, and Nuclear Energy with a view to promote India’s Exports to the world. His ideas were appreciated by all the stakeholders and shaped the subsequent discussion on various themes.

    Subsequently, the Breakout session on Exports was moderated by Shri Sanjay Nayyar, President ASSOCHAM, with an esteemed panel comprising of Shri Rajesh Nambiar, President, NASSCOM, Shri Ajay Sahai, Director General, Federation of Indian Export Organization (FIEO), Shri Pankaj Mohindroo, President, Indian Cellular and Electronics Association (ICEA), Shri Kalyan Basu, Managing Director, MonetaGo, Ms. Jyoti Vij, Director General, FICCI, and Ms. Nivruti Rai, CEO, Invest India. Their insights and expertise contributed to meaningful discussions on fostering a conducive ecosystem for exports and driving economic growth through policy interventions and digital innovation.

    During the deliberations, several key initiatives were discussed as potential pathways to strengthening India’s exports. Among them was the Export Promotion Mission (EPM), a proposed ₹2,250 crore initiative aimed at boosting India’s exports, particularly for MSMEs, by providing financial incentives, market access support, and compliance facilitation. Participants emphasized that a partnership-driven, whole-of-government approach is needed to address market access issues and facilitate the growth of new and e-commerce exporters.

    Additional strategic policy recommendations included expanding Export Credit Guarantee Corporation (ECGC) coverage to high-risk markets, enhancing collateral-free export credit through EXIM Bank, and providing incentives for MSMEs to adopt sustainability standards and global certifications. Industry experts also stressed the need to strengthen the Driving International Holistic Market Access Initiative (DISHA) to offer sector-specific MSME support.

    Participants also highlighted the importance of Export Readiness Programs to train MSMEs in e-commerce, digital marketing, and international trade regulations. The expansion of the E-Commerce Niryat Credit Card Scheme was another key area of discussion to bolster cross-border digital trade.

    Another major point of discussion was BharatTradeNet (BTN), envisioned as a pioneering Digital Public Infrastructure (DPI) initiative designed to create a seamless, electronic and paperless trade ecosystem for international trade and trade finance. Institutionalizing BharatTradeNet as India’s Digital Public Infrastructure for Trade, integrating it with Aadhaar, DigiLocker, UPI, and other digital platforms, and aligning it with financial institutions for seamless trade finance approvals were also considered integral to simplifying export operations. Strengthening State/District Export Cells, expanding Buyer-Seller Meet (BSM) Programs, and developing a Central Trade Registry and Interoperability Framework for BharatTradeNet were seen as critical steps toward increasing efficiency in trade facilitation. Stakeholders suggested that by aligning with global trade facilitation standards, BTN could help streamline trade documentation, enhance trade financing, and deepen export credit accessibility. It was also suggested that one of the ways to prioritise implementation of BTN would be, by establishing a Special Purpose Vehicle (SPV).

    A structured plan under the National Framework for GCCs was also discussed to expand Global Capability Centres (GCCs) beyond Tier-1 cities by re-orienting regulations, taxation policies, and infrastructure. Based on the discussion, the following recommendations were made by the panellists for the dispersal of GCCs into emerging GCC cities: reducing compliance burden and ease of doing business, building a quality talent pool and talent pipeline, GCCs partnerships in R&D with academia, a national framework on GCC and dedicated policy interventions, the GIFT city model for emerging Tier 2 cities, tax incentives for GCCs in SEZ in Tier 2 cities, a national policy to streamline incentives for GCCs such as incentivizing employment generation, R&D activities, and skilling, transfer pricing rationalization, improving physical and digital infrastructure in emerging Tier-2 hubs for GCC, partnership with National Mission e.g. AI and Quantum, and marketing and branding of GCCs in India and emerging Tier 2 cities.

    The session concluded with a final address by Union Minister of State for Commerce and Industry, Shri Jitin Prasada, who highlighted the government’s unwavering commitment to creating a globally competitive export ecosystem and ensuring the seamless integration of Indian enterprises into global value chains.

    The Breakout Session on Exports successfully provided a forward-looking actionable roadmap, capturing key insights and recommendations from industry experts, policymakers, and entrepreneurs. These discussions will play a crucial role in shaping future policies for strengthening India’s exports through policy reforms, infrastructure development, and digital transformation. The key takeaways from the session shall be implemented by the respective departments.

    ***

    Abhishek Dayal/Abhijith Narayanan/Asmitabha Manna

    (Release ID: 2108151) Visitor Counter : 15

    MIL OSI Asia Pacific News

  • MIL-OSI Europe: Written question – Future trade agreement with Ukraine – E-000792/2025

    Source: European Parliament

    Question for written answer  E-000792/2025
    to the Commission
    Rule 144
    Daniel Buda (PPE)

    The EU is preparing the review of the Autonomous Trade Measures with Ukraine, as the current rules on the trade in agricultural products expire in June 2025. Trade relations should become more balanced from then on, drawing on the lessons learned. The negotiations have started at a technical level, with agriculture ministers expressing support for a more stable agreement.

    How does the Commission plan to balance the interests of European farmers and Ukrainian producers in the new free trade agreement, in view of the introduction of quotas for agricultural products and the scaling-back of support measures for Ukraine?

    Submitted: 20.2.2025

    Last updated: 3 March 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Written question – Clarification on State aid conditions for JEDU II (Dukovany II nuclear power plant) – E-000736/2025

    Source: European Parliament

    Question for written answer  E-000736/2025
    to the Commission
    Rule 144
    Tomáš Zdechovský (PPE)

    In the light of the Commission’s decision to approve State aid for the construction of the Dukovany II nuclear power plant in the Czech Republic (SA.58207) and the related press release dated 30 April 2024[1], we would like to request clarification on the following points:

    • 1.The press release states that ‘market prices provide incentives to reduce production and plan maintenance and refuelling when market prices are low’. Given that nuclear reactor fuel cycles are fixed and outages cannot be flexibly planned based on short-term market conditions, can the Commission explain on what analysis this claim is based?
    • 2.According to the Bank of America report of May 2023 entitled ‘The nuclear necessity’, the real system costs of renewable energy, including grid adaptation and backup costs, are higher than those of nuclear energy. On what basis did the Commission conclude that limiting nuclear production in favour of renewables will lead to lower CO₂ emissions overall?
    • 3.Who specifically on the Czech side approved the final terms of the agreement with the Commission, and was the Czech Ministry of Industry and Trade (MPO) obliged to accept the changes proposed by the Commission, or was there room for negotiation on alternative solutions?

    Submitted: 18.2.2025

    • [1] https://ec.europa.eu/commission/presscorner/detail/en/ip_24_2366.
    Last updated: 3 March 2025

    MIL OSI Europe News

  • MIL-OSI USA: Cortez Masto, Wyden Lead Colleagues in Reaffirming Congress’ Authority to Maintain Trade Restrictions on Russia

    US Senate News:

    Source: United States Senator for Nevada Cortez Masto
    Washington, D.C. – U.S. Senator Catherine Cortez Masto (D-Nev.) and Senate Finance Committee Ranking Member Ron Wyden (D-Ore.) led eight of their Senate colleagues in a letter to President Donald Trump reaffirming Congress’ authority to maintain trade restrictions on the Russian Federation while it continues its war of aggression against Ukraine. Their letter follows the devolution of talks between the United States and Ukraine last Friday, just two weeks after the President claimed that Ukraine “should have never started [the war].”
    “Vladimir Putin is a ruthless dictator who has led the Russian Federation into a war of aggression against Ukraine with the explicit goal of denying Ukraine and its people their collective rights to independence, sovereignty, and territorial integrity,” wrote the Senators. “Our country, in coordination with our allies and partners and with bipartisan support has imposed sweeping financial sanctions, stringent export controls, and aggressive trade restrictions on the Russian Federation.”
    In 2022, Congress passed the Suspending Normal Trade Relations with Russia and Belarus Act which revoked Russia’s permanent normal trade relations (PNTR) status to ensure Russian goods and services do not enjoy privileged, “most-favored nation” access to the U.S. market. Congress also passed the Ending Importation of Russian Oil Act which banned the importation of all energy products from the Russian Federation.
    According to these laws, the Russian Federation must reach an agreement relating to the withdrawal of its forces and cessation of military hostilities that is accepted by the free and independent government of Ukraine, recognize the right of the people of Ukraine to independently and freely choose their own government, and pose no immediate military threat of aggression to any NATO member before the President can restore normal trade relations.
    “In light of your worrisome statements, we wish to remind you that you must not—and cannot, under statute—attempt to restore normal trade relations or lift the import ban on Russian energy products unless and until Ukraine’s peace demands are met and their free and independent government has accepted a peace agreement,” continued the Senators. “Ukraine must be at the table to determine its future, and conditions for peace cannot be imposed on Ukraine.”
    Additional signatories to the letter include Senators Michael Bennet (D-Colo.), Amy Klobuchar (D-Minn.), Jeff Merkley (D-Ore.), Gary Peters (D-Mich.), Jacky Rosen (D-Nev.), Chris Van Hollen (D-Md.), Raphael Warnock (D-Ga.), and Peter Welch (D-Vt.).
    The full letter can be found here.
    Senator Cortez Masto has consistently advocated for the U.S. to stand up to Russian aggression and support Ukrainian sovereignty. Earlier this year, Senators Cortez Masto and Cornyn (R-Tex.) introduced the HONOR Act to prevent businesses from claiming a foreign tax credit or deduction against taxes paid to fund the Russian government’s war machine. She has voted to pass bipartisan legislation to support Ukraine and helped pass bipartisan economic sanctions that were signed into law to hold Russia accountable for its illegal invasion of Ukraine. She voted in support of sanctions against Russia and its Nord Stream 2 pipeline, and she supported similar sanctions in the 2020 and 2021 National Defense Authorization Acts.

    MIL OSI USA News