Category: Trade

MIL-OSI Economics: Christodoulos Patsalides: Cyprus and the euro area – navigating growth, stability, and opportunities

Source: Bank for International Settlements

I would like to thank the Cyprus Shipping Chamber for giving me the opportunity to address this meeting today and discuss key economic developments. My remarks will begin with an overview of Cyprus’ economic performance. I will then discuss the notable progress achieved in the banking sector and underscore the critical role of the shipping industry in driving export revenues. Following this, I will turn to the broader economic outlook for the Euro Area, concluding with insights into the European Central Bank’s latest monetary policy decision on achieving price stability.

Domestic economic outlook

The Cypriot economy continues to exhibit robust growth, despite facing persistent external challenges in a turbulent and uncertain global environment. Geopolitical risks, such as the ongoing war in Ukraine, conflicts in the Middle East, and rising international tensions, have elevated economic uncertainty.

Amidst these conditions, the Cypriot economy has consistently demonstrated remarkable resilience and flexibility. This is clearly reflected in its recent upgrades by credit rating agencies to the “A” category, further cementing its reputation in international financial markets. These upgrades underscore the growing confidence in Cyprus’s fiscal policies and the solid outlook for its economic and banking systems.

Improved fiscal performance has been a cornerstone of these positive developments. Public debt has been reduced significantly, declining from 114% of GDP in 2020 to 74% in 2023, highlighting disciplined financial management. Projections from the Ministry of Finance indicate that this downward trajectory will continue, with public debt expected to fall below 50% of GDP by 2028. This progress strengthens fiscal sustainability and enhances the country’s ability to respond to future challenges, reflecting a strong commitment to long-term economic stability.

According to the December 2024 projections of the Central Bank of Cyprus (CBC), economic growth for 2024 is expected to reach 3.7%, significantly higher than the projected Eurozone average of 0.7%. The expansion of productive sectors such as technology, trade, tourism, financial and professional services, shipping, and construction-particularly large private sector infrastructure projects-has been a key driver of growth.

For the period 2025-2027, GDP is expected to grow by approximately 3% annually, driven primarily by a projected increase in domestic demand and, to a lesser extent, external demand. Domestic demand is expected to be supported by a rise in private consumption due to the increase in real disposable household income and the continued resilience of the labour market. Additionally, domestic demand will benefit from ongoing large-scale private non-residential investments, infrastructure projects aimed at supporting digital and green development, and other reform projects under the Recovery and Resilience Plan.

Regarding the shipping sector in particular, our small island has a maritime history spanning hundreds of years, and it is rightly is considered as one of the main pillars of the Cypriot economy. The country’s maritime industry considerably contributes directly and indirectly to the country’s GDP. Based on 2023 data, the shipping sector ranks third with a share of 17.2% to the total value of exports of services, after the Information and Communication Technology sector, the financial services and the tourism sectors, with shares of 30.2%, 20.3% and 11,5% respectively. In view of the aforementioned figures, it is evident that the sector managed to stay focused and strong despite the unprecedented challenges faced in the last few years, namely the covid pandemic, the wars in Ukraine and Gaza as well as the tensions in the Red Sea.

The strength of the labour market further reinforces this positive narrative. Unemployment has declined to 5% in the first nine months of 2024, compared to 5.8% in 2023. It is projected to remain at 5% for the full year and to fall further to 4.6% by 2027, approaching levels indicative of full employment. These figures compare favourably to the euro area, where unemployment is forecast to stabilize at 6.1% by 2027.

On the prices front, inflationary pressures have eased significantly, with inflation dropping to 2.2% in the first eleven months of 2024, compared to 4.1% in the same period of 2023. According to the CBC’s December 2024 projections, inflation is expected to stabilize near the 2% medium-term target, reaching 1.9% in 2025, 2.1% in 2026, and 2.0% in 2027.

The Cyprus banking sector

The Cyprus banking sector has demonstrated tangible progress and resilience, with key financial metrics reflecting a strong and sound performance. A primary indicator of this strength is the solid improvement in terms of solvency, with the Common Equity Tier 1 (CET1) ratio increasing from 21.5% in December 2023 to 23.5% in September 2024. This increase marks the highest CET1 ratio in the Union, surpassing the EU average of 16.0%.

Despite the challenges posed by consecutive crises, no tangible signs of credit quality deterioration are observed up to this point. In fact, the Non-Performing Loans (NPL) ratio has continued its positive downward trend. As of September 2024, the NPL ratio stands at 6.5%, a marked improvement from 7.9% in December 2023. This reduction reflects the sector’s ongoing commitment to addressing legacy issues, bolstering the financial health of the asset side of its balance sheet, and reinforcing its capacity to support economic recovery. Yet, there is still some way to go, particularly considering that the average NPL ratio of the EU sector stands as of September 2024 at 1.9%. Furthermore, the improvement within the Cyprus banking sector has not been homogeneous across all institutions, with certain banks lagging behind. These institutions must therefore accelerate their efforts to align with the sector-wide advancements.

Profitability metrics have been robust, with the Return on Equity (RoE) reaching 23.2% in September 2024 as opposed of 11,1% of the EU average. Operational efficiency has improved as the cost-to-income ratio declined to 35.5%, a notable reduction from previous years and lower than the EU average of 53%.

Cyprus banks also exhibit some of the highest liquidity standings in the EU, reinforcing their ability to meet potential liquidity demands. The Liquidity Coverage Ratio (LCR), a measure of a bank’s ability to withstand large liquidity outflows under a stressed period, stands as of September 2024 at 336%, compared to the EU average of 161% and minimum requirement of 100%. Furthermore, the Net Stable Funding Ratio (NSFR), which assesses the stability of a bank’s funding base, stands also high at 187%, surpassing both the EU average of 127% and the minimum regulatory requirement of 100%. The Cypriot banking sector is thus well-positioned to face potential market disruptions and continue driving economic stability.

Through the first 11 months of 2024, Cypriot banks granted €3.3 billion in new loans to households and non-financial corporations (NFCs), surpassing the already high €2.9 billion provided during the same period in 2023. A negative side effect of a strongly liquid banking sector in a small country is the slow adjustment of interest rates in response to ECB monetary policy actions. Banks must exhibit responsible pricing policies in the face of reputation risk and the need to support the competitiveness of the economy.

Looking to the future, the banking sector faces challenges such as adapting to AI, mitigating cyber risks, addressing geopolitical uncertainties, and transitioning to a greener economy. Tackling these priorities is essential for sustaining the sector’s positive trajectory and remains central to our supervisory agenda.

Economic Developments in the Euro Area

The risks to economic growth continue to lean towards the downside. Increased disruptions in global trade may hinder euro area growth by suppressing exports and slowing the global economy. Additionally, reduced confidence could delay the recovery of consumption and investment beyond current expectations. The ECB’s December projections estimate economic growth of 0.7% in 2024, 1.1% in 2025, 1.4% in 2026, and 1.3% in 2027. This recovery is expected to be driven primarily by rising real incomes, which should enable households to boost consumption, alongside increased investment by firms.

On the price front, euro area inflation rose to 2.4%, in December 2024, up from 2.2% in November, primarily driven by increased energy costs but this was expected due to energy-related upward base effects.

Despite the upticks in recent months, the disinflation process is well on track. ECB Staff see headline inflation averaging 2.4 per cent in 2024, 2.1 per cent in 2025, 1.9 per cent in 2026 and 2.1 per cent in 2027 when the expanded EU Emissions Trading System becomes operational. Services inflation continues to be sticky at around 4%, largely stemming from the delayed catch-up adjustment of certain services prices to past inflation surges and ongoing wage pressures. At the same time, recent signals point to continued moderation in wage pressures and to the buffering role of profits.

Inflation is expected to fluctuate around its current level in the near term. It should then settle sustainably at around the two per cent medium-term target. Easing labour cost pressures and the continuing impact of past monetary policy tightening on consumer prices should help this process. Most measures of longer-term inflation expectations continue to stand at around 2 per cent.

ECB Monetary Policy

Based on our updated assessment of the inflation outlook, underlying inflation dynamics, and the effectiveness of monetary policy transmission, we decided at our January Governing Council meeting to further reduce the three key ECB interest rates by 25 basis points. This adjustment brought the deposit facility rate-the primary tool for steering our monetary policy stance-to 2.75%

Overall, the euro area’s economic environment remains intricate, with the risks to economic growth tilted to the downside and with both upside and downside risks to inflation present. The ECB continues to navigate these challenges through measured, careful adjustments in its monetary policy stance. Growth is a factor influencing inflation dynamics. It is crucial to ensure that the economy does not grow too slowly, as this could lead to inflation stabilizing below the target. As we move forward, in the current environment of elevated uncertainty stemming from potential global trade frictions and geopolitical tensions, the ECB’s prudent data-dependent meeting by meeting approach shall continue to be important in addressing the evolving economic conditions within the euro area to ensure the timely return to the inflation target in a sustainable manner. The ECB is not pre-committing to a particular rate path.

Conclusion

Let me now conclude: the Cypriot economy has shown resilience and adaptability, supported by strong performance, prudent fiscal policies, and a stable financial system, with key contributions from banking and shipping. As one of the pillars of our economy, the shipping sector continues to demonstrate global competitiveness and innovation, further strengthening Cyprus’s position as a leading maritime hub. Looking ahead, challenges like climate change and geopolitical risks demand strategic foresight, but Cyprus is well-prepared to sustain growth.

At the Euro Area level, the economic outlook balances risks and opportunities, with the ECB ensuring price stability and sustainable growth through proactive, data-driven policies. By remaining data-driven and proactive, we can ensure that the monetary framework across the region remains resilient and responsive to evolving global dynamics.

Thank you.

MIL OSI Economics –

February 18, 2025
MIL-OSI Economics: Ida Wolden Bache: Economic perspectives

Source: Bank for International Settlements

Data accompanying the speech

“Some of the richest countries in the world are small. They are also outward looking.”

So starts the first chapter of Victor Norman’s textbook on a small open economy. This is also an apt description of our country. Openness and trade have been essential to our prosperity.

Victor Norman passed away last year, and with that Norway lost a leading researcher and an outstanding communicator. The first edition of Victor Norman’s book was published in 1983. The quotation I just cited is taken from the expanded edition released ten years later. That was more than 30 years ago, but the book bears its age well. The insights it provides are no less relevant today.

The framework conditions for international cooperation and trade are in play. There is war in Europe, and the governments of many countries see a need for rearmament. In today’s world, emphasis must be placed on national security and preparedness considerations.

But the gains from trade with other countries are still there in full, especially for a small economy like ours. Norman points out that small countries often have a narrow resource base as they tend to cover a small part of the earth’s crust. Norway, for example, is abundant in energy resources, but poor in arable land and the crop season is short. Norman posits in his textbook that if we shut ourselves out, such a resource base would have left us sitting hungry in overly heated homes. Trade with other countries allows us to decouple consumption from production. Small countries also have small markets, which means that the cost of producing some things domestically is higher than importing them. International trade expands markets. We can sell aluminium and buy aircraft.

But as Norman writes: “Open economies are not without their problems. Small countries must (almost by definition) take the world as it is – with minimal possibility of influencing international developments.” This is something we have experienced, most recently during the pandemic and the subsequent global surge in inflation.

MIL OSI Economics –

February 18, 2025

MIL-OSI Russia: Financial News: Testing Extra Weekend Session

Translartion. Region: Russians Fedetion –

Source: Moscow Exchange – Moscow Exchange –

We invite you to take part in testing the functionality of trading on weekends.

We remind you that on the T1 stock market test circuit (INET_GATEWAY), testing of the additional weekend session (AWS) will be carried out on weekends from February 15, and on the T0 stock market test circuit (UAT_GATEWAY), testing of the AWS will be carried out daily from February 18, 2025.

The schedule of test stand operation is published on the Exchange website: HTTPS: //VVV. MEEX.K.M.M..

On February 15 and 16, the T1 test circuit successfully tested the additional weekend session. Today, February 17, the T1 circuit is holding a trading day after the DSVD. The T1 test circuit schedule for the coming days:

02/17	Trading day on Monday after the DSVD
18.02	Settlements based on the results of the DSVD, standard trading day
19.02 – 21.02	Standard trading and settlement days
02.22 – 23.02	Re-testing of the DSVD
24.02	Trading day on Monday after the DSVD
02.25	Settlements based on the results of the DSVD, standard trading day
26.02 – 28.02	Standard trading and settlement days

Contact information for media 7 (495) 363-3232Pr@moex.kom

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

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

HTTPS: //VVV. MOEX.K.M.M.

MIL OSI Russia News –

February 18, 2025

MIL-OSI: NANO Nuclear Energy Strengthens Intellectual Property Portfolio with Four New Patent Applications
Source: GlobeNewswire (MIL-OSI)

Protections Surrounding Key Enabling ALIP Technology Adds to NANO Nuclear’s Stable of Granted or Acquired Patents and Patent Applications

New York, N.Y., Feb. 17, 2025 (GLOBE NEWSWIRE) — NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear energy and technology company focused on developing clean energy solutions, today announced that it has filed four new separate utility patent applications with the United States Patent and Trademark Office (USPTO) related to NANO Nuclear’s Annular Linear Induction Pump (ALIP) technology.

The ALIP technology, a thermal management and distribution system which is based on electromagnetic (rather than mechanical) pumps, is a core technology in the development of advanced molten-salt and liquid-metal nuclear reactors. By utilizing a time-varying magnetic field, ALIPs enable the movement of conductive fluids without mechanical components, reducing wear and maintenance requirements while increasing efficiency.

The ALIP technology, acquired by NANO Nuclear last year and part of its suite of energy systems, is considered a key-enabling technology for the development of advanced nuclear reactors, not only for NANO Nuclear’s microreactors in development but as a third-party commercial opportunity for other advanced nuclear reactor systems.

In addition to enhancing energy conversion cycles, optimizing thermal management, and ensuring operational longevity in high-temperature applications across the energy, propulsion, and industrial sectors, applications of the ALIP technology extend beyond nuclear energy to space power and propulsion systems, industrial cooling systems, and defense applications, positioning NANO Nuclear at the forefront of emerging high-performance fluid control markets.

A U.S. Department of Energy’s Small Business Innovation Research (SBIR) Phase III project is ongoing to refine the ALIP technology, led by inventor and NANO Nuclear’s Head of Thermal Hydraulics and Space Program Dr. Carlos O. Maidana, with a view to separately commercialize the technology as a component for liquid metal and all molten salt-based nuclear reactors.

Figure 1 – NANO Nuclear Energy’s Annular Linear Induction Pump (ALIP) technology cross-sectional visualization.

“The development and eventual commercialization of the ALIP technology is essential for advancing next-generation nuclear reactor solutions,” said Carlos O. Maidana, Ph.D., Head of Thermal Hydraulics and Space Program of NANO Nuclear Energy. “Filing these utility patents highlights our commitment to leading the charge in next-generation technologies that are critical to the ongoing evolution of advanced energy systems. I’m pleased to have housed these inventions within NANO Nuclear and to lead the team to progress and refine this technology.”

The newly filed patent applications include:
1. Patent Application # 19/030,148, titled “Integrated platform and method for optimizing an electromagnetic pump,” relates to the development of software for the design of annular linear induction pumps.
2. Patent Application # 19/030,130, titled “Electromagnetic pump system and method for moving conducting fluid,” relates to the design of the next generation of annular linear induction pumps.
3. Patent Application # 19/030,098, titled “Electromagnetic pump and method for manufacturing the same,” relates to the advanced manufacturing of annular linear induction pumps.
4. Patent Application # 19/030,068, titled “Cooling system for electromagnetic pump system,” relates to the design of a micro-channel cooling system, using advanced manufacturing methods, for annular linear induction pumps operating at very high temperature.
These intellectual properties are expected to provide enhanced component life span and operation metrics in all advanced molten-salt and liquid-metal reactors, including NANO Nuclear’s KRONOS MMR^™, LOKI MMR^™, and ODIN portable microreactor, all of which are currently in development.

“The filing of these additional utility patents further bolsters our intellectual property portfolio and helps to ensure the protection of our progress in developing this key enabling technology,” said James Walker, Chief Executive Officer and Head of Reactor Development of NANO Nuclear Energy. “We believe that the ALIP technology will be instrumental in the development and optimization of the next generation of advanced nuclear reactors, and I’m pleased with the progress Dr. Maidana has overseen through the SBIR Phase III program. We look forward to continuing our progress with ALIP with a view towards including in it our own microreactors in development as well as seeking to separately commercialize it as soon as possible.”

About NANO Nuclear Energy, Inc.

NANO Nuclear Energy Inc. (NASDAQ: NNE) is an advanced technology-driven nuclear energy company seeking to become a commercially focused, diversified, and vertically integrated company across five business lines: (i) cutting edge portable and other microreactor technologies, (ii) nuclear fuel fabrication, (iii) nuclear fuel transportation, (iv) nuclear applications for space and (v) nuclear industry consulting services. NANO Nuclear believes it is the first portable nuclear microreactor company to be listed publicly in the U.S.

Led by a world-class nuclear engineering team, NANO Nuclear’s reactor products in development include “ZEUS”, a solid core battery reactor, and “ODIN”, a low-pressure coolant reactor, each representing advanced developments in clean energy solutions that are portable, on-demand capable, advanced nuclear microreactors. NANO Nuclear is also developing patented stationary KRONOS MMR^™ Energy System and space focused, portable LOKI MMR^™.

Advanced Fuel Transportation Inc. (AFT), a NANO Nuclear subsidiary, is led by former executives from the largest transportation company in the world aiming to build a North American transportation company that will provide commercial quantities of HALEU fuel to small modular reactors, microreactor companies, national laboratories, military, and DOE programs. Through NANO Nuclear, AFT is the exclusive licensee of a patented high-capacity HALEU fuel transportation basket developed by three major U.S. national nuclear laboratories and funded by the Department of Energy. Assuming development and commercialization, AFT is expected to form part of the only vertically integrated nuclear fuel business of its kind in North America.

HALEU Energy Fuel Inc. (HEF), a NANO Nuclear subsidiary, is focusing on the future development of a domestic source for a High-Assay, Low-Enriched Uranium (HALEU) fuel fabrication pipeline for NANO Nuclear’s own microreactors as well as the broader advanced nuclear reactor industry.

NANO Nuclear Space Inc. (NNS), a NANO Nuclear subsidiary, is exploring the potential commercial applications of NANO Nuclear’s developing micronuclear reactor technology in space. NNS is focusing on applications such as the LOKI MMR^™ system and other power systems for extraterrestrial projects and human sustaining environments, and potentially propulsion technology for long haul space missions. NNS’ initial focus will be on cis-lunar applications, referring to uses in the space region extending from Earth to the area surrounding the Moon’s surface.

For more corporate information please visit: https://NanoNuclearEnergy.com/

For further NANO Nuclear information, please contact:
Email: IR@NANONuclearEnergy.com
Business Tel: (212) 634-9206

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Cautionary Note Regarding Forward Looking Statements

This news release and statements of NANO Nuclear’s management in connection with this news release contain or may contain “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “potential”, “will”, “should”, “could”, “would” or “may” and other words of similar meaning. In this press release, forward-looking statements include those related to (i) the anticipated benefits to NANO Nuclear of the patent applications described herein and (ii) the future prospects for the ALIP technology generally as part of NANO Nuclear’s reactors in development or via separate commercialization. These and other forward-looking statements are based on information available to us as of the date of this news release and represent management’s current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors, which may be beyond our control. For NANO Nuclear, particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following: (i) risks related to our U.S. Department of Energy (“DOE”) or related state or non-U.S. nuclear fuel licensing submissions, (ii) risks related the development of new or advanced technology and the acquisition of complimentary technology or businesses, including difficulties with design and testing, cost overruns, regulatory delays, integration issues, securing intellectual property protection, and the development of competitive technology, (iii) our ability to obtain contracts and funding to be able to continue operations, (iv) risks related to uncertainty regarding our ability to technologically develop and commercially deploy a competitive advanced nuclear reactor or other technology in the timelines we anticipate, if ever, (v) risks related to the impact of U.S. and non-U.S. government regulation, policies and licensing requirements, including by the DOE and the U.S. Nuclear Regulatory Commission, including those associated with the recently enacted ADVANCE Act, and (vi) similar risks and uncertainties associated with the operating an early stage business a highly regulated and rapidly evolving industry. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement, and NANO Nuclear therefore encourages investors to review other factors that may affect future results in its filings with the SEC, which are available for review at www.sec.gov and at https://ir.nanonuclearenergy.com/financial-information/sec-filings. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.

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The MIL Network –
February 18, 2025
MIL-OSI Global: What Canada can learn from the European Union about dealing with chaos and crises

Source: The Conversation – Canada – By Jörg Broschek, Professor and Laurier Research Chair, Political Science, Wilfrid Laurier University

As United States President Donald Trump continues to threaten Canada’s economic and political sovereignty, some observers have floated the idea of Canada becoming a member of the European Union.

Since there is no feasible pathway to EU membership in the short term, current efforts rightly focus on strengthening Canada’s existing trade relationships, most notably through the Canada-European Union Comprehensive Economic and Trade Agreement.

But something else is often overlooked: Canada should also learn from the EU how to cope with the monumental challenges ahead. Europe is not only less vulnerable than Canada due to its geographic position and economic power, it’s also more resilient.

Three goals

Unlike “Team Canada,” “Europe United” has already crafted a multi-pronged policy framework to encounter the risks arising from a fundamentally changing geopolitical environment over the long term. The EU also has a more robust institutional framework for intergovernmental co-operation.

Under the leadership of President Ursula von der Leyen, the European Commission has launched a cascade of relatively coherent policies aimed at facilitating three broad goals: decarbonization, economic sovereignty and national security.

Key pillars of this new policy framework are the European Green Deal of 2019, the European Industrial Strategy of 2020, the European Economic Security Strategy of 2023 and the 2024 European Defence Industrial Strategy.

These policy initiatives have been continuously updated, fine-tuned and aligned with each other. They have created an umbrella that enables the EU and its member states to simultaneously promote the green transition, strengthen the internal market and domestic industries as well as reduce economic and security risks.

The geopolitical and industrial changes in the EU resemble what used to exist in Canada as well: national policies — the conscious, nation-building initiatives of successive federal governments.

But Canada has lost the ability to plan strategically for the long term and now responds to every crisis in a reactive, punctuated manner. In doing so, Canadian officials address symptoms without tackling root causes.

EU architecture

The institutional architecture of the EU also furnishes governments with more capacity to collaborate. In all federal systems, most policies are largely shared, which is why intergovernmental co-ordination is important to buttress and consolidate such innovations.

Read more:
Canada-U.S. history provides lessons on how Canada can deal with a hostile Donald Trump

Notably, the Council of the European Union plays a key role for co-ordinating and negotiating policies, in addition to its function as the main decision-making body (together with the European Parliament).

It is composed of ministers of the EU member states. Accordingly, it works in different configurations, depending on the portfolio. The head of governments themselves meet regularly through a separate institution, the European Council.

In Canada, by contrast, federal intergovernmental institutions are fragile or don’t even exist, even though they’re comparatively strong on the municipal level.

Municipalities co-ordinate through the Federation of Canadian Municipalities (FCM), which was established in 1901. But it was not until 2004 that provinces and territories established the Council of the Federation. This body, however, has remained weak, with very little administrative support.

What’s even more striking is that there is no formalized, institutionalized framework at all at the federal level. The First Ministers’ Conference meetings are held at the discretion of the prime minister. In their communique following a Council of the Federation meeting in November 2023, premiers complained that “the prime minister has not convened a full in-person First Ministers’ Meeting since December 2018 despite repeated requests from premiers.”

Widespread tariffs against Canada may be on hold until March, but there is no way back. As Canadians experience their very own “Zeitenwende” — the end of an era — in the wake of Trump’s desire to absorb Canada into the U.S., the country’s leaders should draw two lessons from the EU.

All-encompassing approach needed

On the policy level, Canada does need a new “national policy,” as I have argued previously.

More than 40 years ago, the Macdonald Commission paved the way for a major transformative shift in Canadian policy-making, including free trade with the U.S. But since the global financial crisis of 2007-2008, it has become increasingly clear that this model of socioeconomic development is outdated.

Yet the model has never been replaced. Unlike the EU, Canadians have comforted themselves with patchwork policies instead of crafting a new, all-encompassing approach.

The challenges the EU and Canada face are similar, but Canada needs to find its own response. Forging a new model will require mobilizing and aligning key sectors like trade, infrastructure and industrial policy in a coherent manner.

On the institutional level, Canada must — finally — institutionalize Team Canada. It’s a positive development that First Ministers’ Conference meetings have resumed, but an ad hoc approach to intergovernmental collaboration is no longer sufficient.

Team Canada may work under pressure when facing a short-term threat. Without a stronger institutional foundation, however, Canada won’t be able to consolidate a new national policy over the long term.

The EU has accomplished a remarkable resurgence, despite all remaining difficulties. Rather than chasing the idea of joining the EU, Canada should use the European example as a road map for enhancing its policy and governance capacities.

Jörg Broschek receives funding from the Social Sciences and Humanities Research Council of Canada (SSHRC).

– ref. What Canada can learn from the European Union about dealing with chaos and crises – https://theconversation.com/what-canada-can-learn-from-the-european-union-about-dealing-with-chaos-and-crises-249462

MIL OSI – Global Reports –

February 18, 2025
MIL-OSI: US Court of Appeals Rules in Favor of US Synthetic Corporation in ITC Case

Source: GlobeNewswire (MIL-OSI)

THE WOODLANDS, Texas, Feb. 17, 2025 (GLOBE NEWSWIRE) — ChampionX Corporation (NASDAQ: CHX) (“ChampionX”) noted today that its US Synthetic Corp., a leading provider of polycrystalline diamond cutters for oil and gas drilling, has secured a significant legal victory as the U.S. Court of Appeals for the Federal Circuit (CAFC) reversing a prior International Trade Commission (ITC) determination that had deemed the company’s patent claims ineligible under 35 U.S.C. § 101.

The case, involving U.S. Patent No. 10508502, pertains to a polycrystalline diamond compact (PDC) used in rotary drill bits, which exhibits superior diamond to diamond bonding. The ITC had initially ruled that the patent’s claims were directed to an abstract idea, arguing that the disclosed magnetic properties were merely side effects of the manufacturing process rather than physical characteristics of the compound. However, the Federal Circuit disagreed, finding that the claims described a specific composition of matter and not an abstract idea, reinforcing that the magnetic properties provide meaningful insights into the PDC’s physical characteristics.

“We are extremely pleased with the Federal Circuit’s decision, which reaffirms the validity of our patent and the importance of our innovation,” said Rob Galloway, President at US Synthetic. “This ruling not only protects our intellectual property but also underscores the significance of our technology in advancing drilling performance and efficiency.”

About US Synthetic
US Synthetic, which is the Drilling Technologies segment of ChampionX, offers innovative, top-quality polycrystalline diamond cutters (“PDC”), bearings, valves, and mining tools to help customers drill the world’s most demanding oil exploration and development projects, and for use in other industries. These highly specialized products are developed and produced based on more than 40 years of innovation and intellectual property development in material science applications.

About ChampionX
ChampionX is a global leader in chemistry solutions, artificial lift systems, and highly engineered equipment and technologies that help companies drill for and produce oil and gas safely, efficiently, and sustainably around the world. ChampionX’s expertise, innovative products, and digital technologies provide enhanced oil and gas production, transportation, and real-time emissions monitoring throughout the lifecycle of a well. To learn more about ChampionX, visit our website at www.championX.com.

Investor Contact: Byron Pope, byron.pope@championx.com, 281-602-0094

Media Contact: John Breed, john.breed@championx.com, 281-403-5751

The MIL Network –

February 18, 2025
MIL-OSI United Kingdom: Magtec motor forwards with DTEP funding
Source: United Kingdom – Government Statements

DTEP funding is advancing innovation in defence through collaboration with higher-tier partners
Congratulations to Rotherham based engineering company Magtec

The Small and Medium-sized Enterprise (SME) will collaborate with an experienced higher-tier partner in the defence sector

The Defence Technology Exploitation Programme (DTEP) boosts defence innovation while supporting the technology supply chain

Rotherham based SME Magtec has been awarded funding through the latest rounds of the Defence Technology Exploitation Programme (DTEP). They will collaborate with a higher-tier supplier who will mentor them over the duration of a forthcoming defence project. They will receive a government grant worth 50 percent of the project value with the aim of developing innovative new solutions that meet UK defence challenges and increase capability in the UK defence supply chain.

Magtec is a leading UK designer, manufacturer and integrator of electric and hybrid drive systems for customers in the defence, rail and commercial sectors. The company is a member of the British Army’s programme to develop technologies for battlefield electrification and holds an Armed Forces Covenant Bronze Award in the Employer Recognition Scheme. Founded in 1992, Magtec is privately owned and headquartered at a bespoke design and manufacturing facility in Rotherham, South Yorkshire.

The firm was recently visited by Secretary of State for Defence John Healey MP who described Magtec as “deeply impressive” and said that they have the “long established manufacturing skills and creative flair to improve the battlefield performance and the environmental performance of military vehicles.”

The DTEP programme, which seeks to improve the competitiveness of the UK Defence supply chain, is sponsored by the MOD’s Directorate of Industrial Strategy and Exports (DISE) and delivered through the Defence and Security Accelerator (DASA), Innovate UK, and ADS.

Congratulations to Magtec

Magtec’s innovative Permanent Magnet Motors (PMM) will provide superior power to submarine systems with significantly reduced size and weight. This will in turn reduce maintenance costs substantially while increasing submarine availability and operational capacity. Magtec will be working with higher tier partner MacTaggart Scott on developing and producing the PMM.

Andy Sloan, Engineering Director at Magtec said:

“We are delighted to have won funding from the Defence and Security Accelerator and to be collaborating with MacTaggart Scott. Our team is developing permanent magnet motor technology for submarines, reducing weight, space, heat and noise and making the Silent Service even quieter. As a UK-based company, we are proud to be strengthening our sovereign capability.”

The SDA Supplier Management Team said:

“Magtec have previous defence development experience, therefore easing their learning and journey into becoming a potential defence supplier for the Submarine Enterprise. The product they offer will be bespoke, offering the many advantages as stated, and others besides.”

DTEP’s funding for Magtec highlights the MOD’s commitment to fostering innovation and strengthening the UK defence supply chain through strategic SME partnerships.

Learn more about DASA’s funding opportunities here.

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Published 17 February 2025
MIL OSI United Kingdom –
February 18, 2025
MIL-OSI Russia: Innovative approaches to urban development discussed at Polytechnic University

Translartion. Region: Russians Fedetion –

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

The Polytechnic University became the venue and co-organizer of the All-Russian scientific and practical conference “Innovative approaches in urban development: science, education, practice”. The event was organized jointly with the Committee for Urban Development Policy of the Leningrad Region and the Research Institute for Advanced Urban Development with the support of the Ministry of Construction and Housing and Communal Services of the Russian Federation, the Russian Academy of Architecture and Construction Sciences (RAASN) and the Government of the Leningrad Region. This large-scale event became a platform for constructive dialogue between representatives of government bodies, the scientific community and business structures.

The conference participants were addressed with welcoming speeches by the First Deputy Minister of Construction and Housing and Utilities of the Russian Federation Alexander Lomakin, Director of the Department of Urban Development and Architecture of the Ministry of Construction of Russia Vladimir Kalinkin, President of the Russian Academy of Architecture and Construction Sciences (RAACS) Dmitry Shvidkovsky, Vice President of RAACS for Urban Development Mikhail Shubenkov, Deputy Chairman of the Government of the Leningrad Region for Construction and Housing and Utilities Evgeny Baranovsky, Special Representative of the Governor of St. Petersburg for Economic Development Anatoly Kotov and Chairman of the North-West Territorial Branch of the Russian Academy of Architecture and Construction Sciences (NWTO RAACS) Mikhail Mamoshin.

The first day of the conference was devoted to the discussion of a comprehensive approach to master planning. Participants, including representatives of the Russian Ministry of Construction, RAASN, and businessmen shared their experiences and analyzed the use of master plans in the Leningrad Region.

During the event, a cooperation agreement was signed between the Polytechnic University and the Leningrad Region Committee for Urban Development Policy. The signatures were put by SPbPU Rector Andrey Rudskoy and the Committee Chairman Igor Kulakov. The document is aimed at joint work, support for the project and scientific activities of students and university staff in the region’s municipalities, as well as for students to undergo educational practice at organizations in the Leningrad Region. Igor Kulakov noted that it is necessary to involve students in solving practical problems that the regional committee for urban development policy is working on.

The plenary session was attended by representatives of the Ministry of Construction of Russia, the Russian Academy of Architecture and Construction Sciences (RAACS), the Committee for Urban Development Policy of the Leningrad Region (KGP LO), the Committee for Urban Development and Architecture of St. Petersburg, the Government of the Leningrad Region, the State Institution “Urban Development of Territories of the Leningrad Region”, the Research Institute of Urban Development, the Research Institute of Urban Planning of Moscow, St. Petersburg Polytechnic University, Moscow Architectural Institute, National Research University Moscow State University of Civil Engineering, St. Petersburg State University of Architecture and Civil Engineering, National Research University ITMO, RANEPA, as well as specialists from leading design organizations and architectural bureaus.

Director of the Department of Urban Development and Architecture of the Ministry of Construction of Russia Vladimir Kalinkin presented a report entitled “Integration of Master Planning into Russian Legislation.”

Master planning is a new tool that urban planning specialists will have to work with, noted Yevgeny Baranovsky, Deputy Chairman of the Leningrad Region Government for Construction and Housing and Public Utilities, in his speech.

Director of the Civil Engineering Institute Marina Petrochenko and Director of the Higher School of Design and Architecture ISI Margarita Perkova spoke about the trends and prospects for the development of the Urban Planning direction at SPbPU.

At the Polytechnic University, the priorities in student training are interdisciplinarity, digitalization in the industry and practical training, which is based on long-term cooperation agreements with industry government agencies and leading design bureaus and research institutes, Marina Vyacheslavovna emphasized.

Chief Architect of the Leningrad Region, Associate Professor of the Higher School of Design ISI Sergey Lutchenko presented a report “Analysis of the Use of the Master Planning Tool in the Territory of the Leningrad Region”. Director of the Research Institute for Advanced Urban Development Pavel Spirin examined urban planning documentation as a tool for strategic development of the territory.

The second day of the conference was held in an atmosphere of active exchange of experience and search for advanced solutions. Representatives of design organizations, leading universities of the country and authoritative experts discussed digitalization in urban development and architecture. Participants shared practical developments, prospects for the implementation of digital technologies and analyzed successful cases.

The audience was interested in the report by the Director of the Institute of Historical and Cultural Heritage Marina Petrochenko, in which she, together with the Deputy Chairperson of the KGIOP of St. Petersburg Alexandra Komissarova, spoke about the experience of creating digital twins and the prospects for using technologies when working with cultural heritage sites.

The topic of artificial intelligence was reflected in the report by Sergey Mityagin, Director of the Institute of Design and Urban Studies of the St. Petersburg National Research University of Information Technologies, Mechanics and Optics. Acting Director of the Research Institute of Urban Development Nadezhda Zykova presented a report entitled “The system of monitoring and digitalization of the master plan as a tool for integrated development of the territory”. Professor of RANEPA Revekka Vulfovich considered the problems of interaction between cities and rural areas during the development of master plans and strategic documents for the development of rural areas. Olga Druzina presented a report entitled “Draft revision of the Code of Practice 42.13330 “Urban Development. Planning and Development of Urban and Rural Settlements”.”

Of particular interest was the panel discussion “Urban planning: science, education, practice”, moderated by Margarita Perkova, Director of the Higher School of Design and Architecture of the Institute of Civil Engineering. The speakers included Mikhail Shubenkov, Chairman of the Federal Educational and Methodological Association for the UGS “Architecture”, Ekaterina Voznyak, Dean of the Faculty of Architecture of St. Petersburg State University of Architecture and Civil Engineering, and Nina Danilina, Head of the Department of Urban Planning at Moscow State University of Civil Engineering. They shared their experience in training urban planners and their vision of the further development of higher education in urban planning. Academicians from Samara and Volgograd, Elena Akhmedova and Galina Ptichnikova, joined the discussion via videoconference.

A highlight of the conference was the project session “Development of the fore-project “Concept of block development of the Leningrad region site” from the Setl Group holding. Four teams of polytechnic students together with leading architects and urban planners of St. Petersburg developed and presented their concepts of block development of the Leningrad region site. The project was prepared jointly with the Setl Group holding. The concepts were defended before an authoritative jury. The team led by the honored architect of the Russian Federation, corresponding member of the Russian Academy of Architecture and Construction Sciences Maxim Atayants won. All participants received memorable prizes from the holding.

Setl Group has announced an open architectural competition to develop a concept for a residential quarter in the picturesque part of the village of Novosaratovka in the Vsevolozhsk district. The winner will have the opportunity to implement their project. 15 Russian architectural bureaus and workshops will offer ideas for creating a comfortable and modern environment until April 2. The selection of finalists by an expert council will last until April 10. The concepts will be defended and the winner will be announced on April 29.

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

MIL OSI Russia News –

February 18, 2025
MIL-OSI Asia-Pac: Speech by CE at South China Morning Post China Conference: Southeast Asia 2025 (English only) (with video)

Source: Hong Kong Government special administrative region

     Following is the video speech by the Chief Executive, Mr John Lee, at the South China Morning Post China Conference: Southeast Asia 2025 today (February 17):

Your Excellency Minister Tengku Zafrul Aziz (Minister of Investment, Trade and Industry of Malaysia), officials and friends from ASEAN (Association of Southeast Asian Nations) and around the world, Ms Catherine So (Chief Executive Officer of South China Morning Post), Ms Tammy Tam (Editor-in-Chief of South China Morning Post), distinguished guests, ladies and gentlemen,

     Good afternoon. I am pleased to join you today, virtually, at this remarkable conference in Kuala Lumpur.

     For that, I am grateful to the South China Morning Post for organising the China Conference: Southeast Asia, and for putting a prime spotlight on the substantive roles played by China, our country, and Southeast Asia in shaping the global agenda, now and long down the road.

     To that end, you have heard today from His Excellency Prime Minister Anwar Ibrahim, as well as a wealth of senior governmental, business and financial leaders and decision-makers from Malaysia, throughout ASEAN and around the world.

     For the next few minutes, allow me to speak about Hong Kong – about the role we play in working with our country and in connecting with member states of ASEAN and far beyond.

     Long a “super connector”, Hong Kong takes pride in creating value for traditional and emerging markets. We are the natural bridge for ASEAN business looking to Mainland Chinese markets and opportunities. We are, as well, the conduit for Mainland businesses looking to explore overseas opportunities, whether in ASEAN, the Middle East or elsewhere.

     Indeed, the Mainland and ASEAN are our two largest trade-in-goods partners, with total trade value reaching US$619 billion and US$165 billion respectively last year.

     We are home to about 2 600 offices with parent companies on the Mainland, up 20 per cent over 2023 totals. Last year, too, some 730 offices with parent companies in ASEAN maintained an office in Hong Kong. That’s an increase of about 10 per cent year on year.

     And I am confident of continuing growth in the coming years, given the ASEAN-Hong Kong, China Free Trade Agreement and related Investment Agreement, as well as the recently signed amendment to the Agreement on Trade in Services of CEPA – the Mainland and Hong Kong Closer Economic Partnership Arrangement.

     The new CEPA Agreement introduces service-sector liberalisation measures, making it easier for Hong Kong suppliers, and international companies with offices in Hong Kong, to do business on the Mainland.

     As you know, CEPA is nationality neutral, so I encourage ASEAN companies to enjoy Hong Kong’s world-class professional services and, in doing so, make full use of CEPA in accessing the Mainland market.

     Alongside strong business ties with ASEAN, our people-to-people bonds are long-standing and mutually rewarding.

     Since assuming office, in July 2022, I have led high-profile Hong Kong delegations to seven of the 10 ASEAN countries. Nearly 90 co-operation agreements between Hong Kong and ASEAN countries have been signed over that period – and in so many areas, from economic and trade matters to innovation and technology, cultural exchange, education and more.

     And I am committed to building on our gratifying ties.

     We have relaxed the criteria for nationals of Cambodia, Laos, Myanmar and Vietnam applying for multiple-entry visas to Hong Kong. We have, as well, extended their validity period from two to three years.

     We will also provide self-service immigration clearance for invited ASEAN-country visitors participating in business, development and related activities in Hong Kong.

     And for ASEAN and other non-Chinese residents working in Hong Kong and wishing to travel to the Mainland, the multiple-entry visas have been extended for up to five years, making Mainland entry from Hong Kong fast and efficient.

     And to make our ASEAN friends feel at home in Hong Kong, we are compiling a list of restaurants offering halal food, while encouraging hotels and other establishments to provide appropriate worship services.

     There’s more. We’re making it easier to communicate with ASEAN business. In addition to our Economic and Trade Offices in Singapore, Jakarta and Bangkok, we are working with the Malaysian government to establish a trade office in Kuala Lumpur.

     Allow me to thank ASEAN member states for their staunch support of our accession to the Regional Comprehensive Economic Partnership, the world’s largest free trade agreement. I count on leaders like your good selves to support Hong Kong’s accession bid.

     Ladies and gentlemen, I wish you all the best of business, health and well-being in this auspicious Chinese New Year – the Year of the Snake.

     Thank you.

MIL OSI Asia Pacific News –

February 18, 2025
MIL-OSI Asia-Pac: Hong Kong Customs seizes suspected counterfeit goods worth about $5.8 million (with photo)

Source: Hong Kong Government special administrative region

Hong Kong Customs seizes suspected counterfeit goods worth about $5.8 million (with photo)
Hong Kong Customs seizes suspected counterfeit goods worth about $5.8 million (with photo)
******************************************************************************************

Hong Kong Customs on January 28 conducted an operation against counterfeiting activities in Yuen Long and seized about 11 000 suspected counterfeit items, including scarves and clothing, with an estimated market value of about $5.8 million. Acting upon intelligence, Customs officers on that day inspected three batches of temporarily stored goods in two logistics warehouses in Yuen Long, uncovering the batch of suspected counterfeit goods. The case is still under investigation. The likelihood of arrests is not ruled out. Customs will continue to step up inspections and conduct intelligence-led enforcement to vigorously combat counterfeit and infringing goods activities at different levels. Under the Trade Descriptions Ordinance, any person who imports or exports any goods to which a forged trademark is applied commits an offence. The maximum penalty upon conviction is a fine of $500,000 and imprisonment for five years. Members of the public may report any suspected counterfeiting or infringing activities to Customs’ 24-hour hotline 182 8080 or its dedicated crime-reporting email account (crimereport@customs.gov.hk) or online form (eform.cefs.gov.hk/form/ced002).

Ends/Monday, February 17, 2025Issued at HKT 16:45

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MIL OSI Asia Pacific News –

February 18, 2025
MIL-OSI Asia-Pac: Volume and price statistics of external merchandise trade in December 2024

Source: Hong Kong Government special administrative region

Volume and price statistics of external merchandise trade in December 2024
Volume and price statistics of external merchandise trade in December 2024
**************************************************************************

Further to the external merchandise trade statistics in value terms for December 2024 released earlier on, the Census and Statistics Department (C&SD) released today (February 17) the volume and price statistics of external merchandise trade for that month. In December 2024, the volume of Hong Kong’s total exports of goods increased by 2.3%, while the volume of imports of goods decreased by 3.6% over December 2023. Comparing 2024 with 2023, the volume of Hong Kong’s total exports of goods and imports of goods increased by 4.9% and 2.6% respectively. Comparing the fourth quarter of 2024 with the preceding quarter on a seasonally adjusted basis, the volume of total exports of goods remained virtually unchanged, while the volume of imports of goods decreased by 0.8%. Changes in volume of external merchandise trade are derived from changes in external merchandise trade value with the effect of price changes discounted. Comparing December 2024 with December 2023, the prices of total exports of goods and imports of goods increased by 2.7% and 2.3% respectively. As regards price changes in 2024 over 2023, the prices of total exports of goods and imports of goods increased by 3.6% and 3.2% respectively. Price changes in external merchandise trade are reflected by changes in unit value indices of external merchandise trade, which are compiled based on average unit values or, for certain commodities, specific price data. The terms of trade index is derived from the ratio of price index of total exports of goods to that of imports of goods. Compared with the same periods in 2023, the index increased by 0.4% in both December 2024 and 2024 as a whole. Changes in the unit value and volume of total exports of goods by main destination are shown in Table 1. Comparing December 2024 with December 2023, increases were recorded for the total export volume to Vietnam (47.9%), the mainland of China (the Mainland) (11.2%) and Taiwan (1.2%). On the other hand, the total export volume to the USA (-18.2%) and India (-31.7%) decreased. Over the same period of comparison, the total export prices to the USA (3.4%), the Mainland (3.3%), Vietnam (2.5%) and Taiwan (2.3%) increased. On the other hand, the total export prices to India decreased by 3.8%. Changes in the unit value and volume of imports of goods by main supplier are shown in Table 2. Comparing December 2024 with December 2023, declines were recorded for the import volume from Korea (-13.8%), the Mainland (-4.6%) and Japan (-0.7%). On the other hand, the import volume from Taiwan (2.4%) and Singapore (8.3%) increased. Over the same period of comparison, the import prices from all main suppliers increased: Korea (8.6%), Singapore (3.7%), the Mainland (1.8%), Japan (1.2%) and Taiwan (1.2%). Further information Details of the above statistics are published in the December 2024 issue of “Hong Kong Merchandise Trade Index Numbers”. Users can browse and download the report at the website of the C&SD (www.censtatd.gov.hk/en/EIndexbySubject.html?pcode=B1020006&scode=230). Enquiries on merchandise trade indices may be directed to the Trade Analysis Section of the C&SD (Tel: 2582 4918).

Ends/Monday, February 17, 2025Issued at HKT 16:30

NNNN

MIL OSI Asia Pacific News –

February 18, 2025
MIL-OSI Asia-Pac: APEDA Facilitates First-Ever Sea Shipments of Indian Pomegranates to Australia

Source: Government of India

Posted On: 17 FEB 2025 12:42PM by PIB Delhi

In a significant milestone for India’s agricultural exports, the Agricultural and Processed Food Products Export Development Authority (APEDA) in collaboration with AgroStar and Kay Bee Exports successfully completed India’s first-ever commercial trial shipments of premium Sangola and Bhagwa pomegranates respectively to Australia via sea. This marks a major breakthrough in expanding market access for Indian fresh produce.

After getting the market access for export of Indian pomegranates to Australia, a work plan and Standard Operating Procedures (SOP) for the export of pomegranates to Australia were signed in February 2024. The first air shipment took place in July 2024, following the successful market access facilitation by APEDA and National Plant Protection Organization (NPPO). The air shipment helped assess market demand, which led to follow-up sea shipments to optimize cost efficiency.

The first-ever sea-freight shipment departed from India on December 6, 2024 and arrived in Sydney on January 13, 2025 with 5.7 metric tons (MT) of pomegranates sourced from the Solapur region of Maharashtra, packed into 1,900 boxes, each containing 3 kg of premium fruit. Another commercial sea shipment carrying 1,872 boxes (6.56 tons) of Bhagwa variety arrived in Brisbane, Australia, on January 6, 2025. The use of bulk sea shipment ensured competitive pricing, benefiting farmers and creating sustainable trade opportunities. Both shipments were integrated into ANARNET, India’s traceability system, ensuring transparency and building consumer confidence in international markets. This successful export not only underscores India’s capabilities in meeting global quality standards but also provides a significant boost to Indian farmers by opening up new revenue streams.

Upon arrival, the pomegranates received an overwhelmingly positive response in Sydney, Brisbane and Melbourne. The strong demand has already led to immediate requests for additional shipments, showcasing the growing potential for a profitable and sustainable trade relationship between India and Australia. The shipment’s timing was strategically aligned with Australia’s non-producing season, maximizing market opportunities for Indian exporters.

Mr. Abhishek Dev, Chairman APEDA, emphasised “India’s agricultural export landscape is growing at an unprecedented pace, with fresh fruit exports surging by 29% year-on-year. Pomegranates alone have seen a 20% growth, demonstrating the immense potential of this segment. The successful shipments of premium pomegranates to Australia marks India’s ability to supply high-quality fresh produce to discerning international markets. Through advanced traceability systems like ANARNET, we ensure that Indian agricultural products meet the highest global standards, enhancing consumer trust worldwide.”

Mr. Abhishek Dev also emphasized APEDA’s role in securing and facilitating market access for Indian farmers, stating, “We are committed to supporting Indian farmers and agri-entrepreneurs by expanding into new and emerging markets. This success story paves the way for further collaborations and increased export volumes in the future.”

With the next export season beginning in September, AgroStar’s INI Farms, Kay Bee Exports and other key players are poised to build on this success, ensuring a steady supply of Indian pomegranates to Australia. This development reaffirms India’s position as a global leader in agricultural exports and strengthens bilateral trade ties with Australia.

APEDA is a statutory body under the Ministry of Commerce and Industry, Government of India which plays a crucial role in facilitating agricultural and processed food exports. APEDA supports Indian farmers and agri-businesses by promoting market development, infrastructure expansion and export promotion through traceability systems like ANARNET. India’s agricultural exports, including fresh fruits, vegetables, basmati rice and processed foods, continue to see robust growth, reinforcing the country’s position in the global agri-trade sector.

***

Abhishek Dayal/ Abhijith Narayanan

(Release ID: 2104015) Visitor Counter : 99

MIL OSI Asia Pacific News –

February 18, 2025
MIL-OSI Asia-Pac: Vice-President to visit Jaipur, Rajasthan on 18th February, 2025

Source: Government of India

Vice-President to visit Jaipur, Rajasthan on 18th February, 2025

Vice-President to be Chief Guest at FORTI’s Conclave on “Nation Building: The Role of Entrepreneurs”

Posted On: 17 FEB 2025 11:42AM by PIB Delhi

The Vice-President of India, Shri Jagdeep Dhankhar, will be on a one-day tour of Jaipur, Rajasthan on 18th February, 2025.

During his visit, the Vice-President will preside as the Chief Guest at FORTI’s (Federation of Rajasthan Trade & Industry) Conclave on “Nation Building: The Role of Entrepreneurs” in Jaipur, Rajasthan.

***

JK/RC/SM

(Release ID: 2103970) Visitor Counter : 76

MIL OSI Asia Pacific News –

February 18, 2025

MIL-OSI Europe: REPORT on the proposal for a decision of the European Parliament and of the Council on the adoption by the Union of the Agreement on the interpretation and application of the Energy Charter Treaty between the European Union, the European Atomic Energy Community and their Member States – A10-0009/2025

Source: European Parliament

DRAFT EUROPEAN PARLIAMENT LEGISLATIVE RESOLUTION

on the proposal for a decision of the European Parliament and of the Council on the adoption by the Union of the Agreement on the interpretation and application of the Energy Charter Treaty between the European Union, the European Atomic Energy Community and their Member States

(COM(2024)0257 – C10‑0058/2024 – 2024/0148(COD))

(Ordinary legislative procedure: first reading)

The European Parliament,

– having regard to the Commission proposal to Parliament and the Council (COM(2024)0257),

– having regard to Article 294(2) and Article 194 of the Treaty on the Functioning of the European Union, pursuant to which the Commission submitted the proposal to Parliament (C10‑0058/2024),

– having regard to Article 294(3) of the Treaty on the Functioning of the European Union,

– having regard to the opinion of the European Economic and Social Committee of 4 December 2024 [1],

– after consulting the Committee of the Regions,

– having regard to Rule 60 of its Rules of Procedure,

– having regard to the report of the Committee on International Trade and the Committee on Industry, Research and Energy (A10-0009/2025),

1. Adopts its position at first reading, taking over the Commission proposal;

2. Calls on the Commission to refer the matter to Parliament again if it replaces, substantially amends or intends to substantially amend its proposal;

3. Instructs its President to forward its position to the Council, the Commission and the national parliaments.

ANNEX: ENTITIES OR PERSONS FROM WHOM THE RAPPORTEURS HAVE RECEIVED INPUT

The rapporteurs declare under their exclusive responsibility that they did not receive input from any entity or person to be mentioned in this Annex pursuant to Article 8 of Annex I to the Rules of Procedure.

PROCEDURE – COMMITTEE RESPONSIBLE

Title	Adoption by the Union of the Agreement on the interpretation and application of the Energy Charter Treaty between the European Union, the European Atomic Energy Community and their Member States
References	COM(2024)0257 – C10-0058/2024 – 2024/0148(COD)
Date submitted to Parliament	2.7.2024
Committee(s) responsible	INTA	ITRE
Committees asked for opinions Date announced in plenary	JURI 13.11.2024
Not delivering opinions Date of decision	JURI 18.11.2024
Rapporteurs Date appointed	Anna Cavazzini 12.9.2024	Borys Budka 12.9.2024
Rule 59 – Joint committee procedure Date announced in plenary	13.11.2024
Simplified procedure – date of decision	29.1.2025
Discussed in committee	29.1.2025
Date adopted	29.1.2025
Date tabled	4.2.2025

MIL OSI Europe News –

February 18, 2025

MIL-OSI Europe: At a Glance – Plenary round-up – February 2025 – 14-02-2025

Source: European Parliament

The highlight of the February 2025 plenary session was the presentation of the European Commission’s long-awaited 2025 work programme and the subsequent debate. The session also saw a debate on Council and Commission statements on continued EU support for Ukraine, followed by an address by Ruslan Stefanchuk, Speaker of the Verkhovna Rada. Members took part in several debates linked to preparing the EU for a new trade era: on multilateral cooperation on tariffs, the EU-Mercosur Trade Agreement, and protecting the system of international justice and its institutions. A debate and vote on the 2024 European Central Bank annual report took place in the presence of Christine Lagarde, President of the Bank. Parliament held a debate on media freedom, in honour of the memory of journalists Ján Kuciak and Martina Kušnírová; another debate marked the anniversary of the murder of Alexei Navalny. Members also debated the political crisis in Serbia, the escalating violence in the Democratic Republic of the Congo, and resolving humanitarian crises following war and conflict. Finally, Parliament debated the escalation of violence in Sweden, the mental health crisis among Europe’s youth, and cross-border recognition of same-sex couples and their children’s civil status documents.

MIL OSI Europe News –

February 18, 2025
MIL-OSI: MEXC Launches Zero-Fee Trading Zone to Maximize Profits for Traders

Source: GlobeNewswire (MIL-OSI)

VICTORIA, Seychelles, Feb. 17, 2025 (GLOBE NEWSWIRE) — MEXC, a leading global cryptocurrency exchange, is excited to announce the launch of its Zero-Fee Trading Zone, offering traders the chance to enjoy 0% Maker and Taker fees on hot trading pairs for a limited time. This initiative allows traders to take full advantage of market opportunities without incurring the usual fees, optimizing their potential profits.

By creating this dedicated Zero-Fee Trading Zone, MEXC eliminates the hassle of searching for specific zero-fee pairs, allowing traders to focus on capitalizing on market movements without worrying about trading costs.

Eligible pairs include:
Futures: Over 100 pairs, including popular trading pairs such as APTUSDT, TRUMPUSDT, MELANIAUSDT， SEIUSDT, TIAUSDT, INJUSDT, ORDIUSDT, WLDUSDT, POPCATUSDT, and more.
Spot: More than 40 pairs, featuring highly-traded pairs like APT/USDT, XRP/USDT, AVAX/USDT, BOME/USDT, DOGE/USDT, WIF/USDT, ORDI/USDT, TIA/USDT and others.

Since its founding in 2018, MEXC has earned widespread recognition for its user-centric values and its vision of “To become everyone’s easiest way to crypto”.The platform now serves over 30 million users across 170+ countries. With continuous improvements and strategic initiatives, MEXC’s influence in the cryptocurrency sector has grown significantly. In the latest TokenInsight report, MEXC ranked among the top six in spot trading and the top five in derivatives trading globally. These achievements underscore MEXC’s commitment to delivering exceptional service and its leadership in the crypto industry.

Tracy Jin, Vice President at MEXC, commented: “At MEXC, our mission is to offer users a simple, seamless, and efficient cryptocurrency trading experience. The launch of the Zero-Fee Trading Zone is just one example of how we prioritize our users and create the best possible trading environment. Additionally, MEXC supports over 3,000 tradable tokens, daily airdrops, ultra-low fees, and robust liquidity, enhancing the user experience and providing exclusive opportunities to earn free assets and maximize potential returns.”

MEXC aims to become the go-to platform offering the widest range of valuable crypto assets. The platform has grown its user base to 32 million by providing a diverse selection of tokens, high-frequency airdrops, and simple participation processes. In 2024, MEXC launched a total of 2,376 new tokens, including 1,716 initial listings and 605 memecoins, with total airdrop rewards exceeding $136 million.

Please note that the event times for each eligible trading pair may vary. For specific details on eligible pairs and their respective event end times, refer to the latest announcements on MEXC’s official website.

About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto”. Serving over 30 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, frequent airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

Risk Disclaimer:
The information provided in this article about cryptocurrencies does not represent MEXC’s official stance or investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully evaluate market fluctuations, project fundamentals, and potential financial risks before making any trading decisions.

Contact:
Lucia Hu
PR Manager
lucia.hu@mexc.com

Disclaimer: This content is provided by MEXC. The statements, views, and opinions expressed in this content are solely those of the sponsor and do not necessarily reflect the views of this media platform. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered as financial, investment, or trading advice. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/006339ec-628d-41e4-9e69-47c6d59ed1f4

The MIL Network –

February 18, 2025
MIL-OSI Asia-Pac: Director General David Cheng-Wei Wu and Mrs. Wu Celebrated Taiwan’s Night Lunar New Year with the Australian Taiwanese Friendship Association (ATFA)

Source: Republic Of China Taiwan 2

Director General David Cheng-Wei Wu and Mrs. Wu were delighted to celebrate Taiwan’s Night Lunar New Year with the Australian Taiwanese Friendship Association (ATFA), joined by VIPs including Federal MP Paul Fletcher, NSW MPs Hugh McDermott, Tim James, and Matt Cross, as well as Willoughby Mayor Tanya Taylor and Councilors, all coming together to show their strong support for TW-AU friendship and the Taiwanese community。
In his remarks, DG Wu highlighted:

As Prime Minister Anthony Albanese said at Ryde Lunar New Year Festival, the Lunar New Year is a wonderful time of year—one that has become such a cherished fixture on the Australian calendar, with families, friends, and communities coming together in joy and celebration to share in centuries of tradition.
Indeed, the Taiwanese community brings energy and vibrancy to Australia’s economy while embodying its spirit of diversity and inclusivity. Overseas Taiwanese play a key role in connecting TW with AU and the world, strengthening Taiwan’s international image and influence.
Taiwan is Australia’s only top-10 export market without an FTA. We urge the launch of FTA negotiations and look forward to Australia’s support, as the 2025 rotating chair, for Taiwan’s accession to CPTPP.

During the speeches, Federal MP Paul Fletcher expressed heartfelt gratitude for the Taiwanese community’s longstanding support and looked forward to Gisele continuing to advocate for the community. NSW MPs echoed DG Wu’s calls for a TW-AU FTA and Taiwan’s accession to the CPTPP. Mayor Tanya acknowledged the contributions of the Taiwanese community and highlighted that 10 out of 13 city councillors—nearly all—were present in support of the community.

MIL OSI Asia Pacific News –

February 17, 2025
MIL-OSI Asia-Pac: President Lai meets former United States Deputy National Security Advisor Matthew Pottinger

Source: Republic of China Taiwan

Details
2025-02-11
President Lai meets Deputy Prime Minister Thulisile Dladla of the Kingdom of Eswatini
On the afternoon of February 11, President Lai Ching-te met with a delegation led by Deputy Prime Minister Thulisile Dladla of the Kingdom of Eswatini. In remarks, President Lai thanked Eswatini for continuing to support Taiwan’s international participation at international venues. The president stated that Taiwan and Eswatini work closely in such areas as agriculture, the economy and trade, education, and healthcare, and expressed hope that the two countries will continue to support each other on the international stage and strive together for the well-being of both peoples. A translation of President Lai’s remarks follows: I warmly welcome our distinguished guests to the Presidential Office. Deputy Prime Minister Dladla previously visited Taiwan while serving as minister of foreign affairs. This is her first time leading a delegation here as deputy prime minister. I want to extend my sincerest welcome. Deputy Prime Minister Dladla has earned a high degree of recognition and trust from His Majesty King Mswati III. She was not only Eswatini’s first woman foreign minister, but is also the second woman to have held her current key position. She shows an active interest in people’s welfare, and has a reputation for being deeply devoted to her compatriots. I have great admiration for this. I am truly delighted to meet with Deputy Prime Minister Dladla today. I would like to take this opportunity to once again express my gratitude to His Majesty the King for leading a delegation to attend the inauguration ceremony for myself and Vice President Bi-khim Hsiao last year. This demonstrated the close diplomatic ties between our countries. I also want to thank Eswatini for continuing to support Taiwan’s international participation at international venues. I would ask that when Deputy Prime Minister Dladla returns to Eswatini, she conveys Taiwan’s greetings and gratitude to His Majesty the King and Her Majesty the Queen Mother Ntombi Tfwala. Diplomatic ties between Taiwan and Eswatini have endured for over half a century. Our two nations have continued to work closely in such areas as agriculture, the economy and trade, education, and healthcare. Our largest collaboration to date has been assisting Eswatini in the construction of a strategic oil reserve facility. We will continue to push forward with this project, and look forward to achieving even greater results in all areas. I understand that Deputy Prime Minister Dladla is very concerned about issues regarding gender equality and women’s empowerment. During her term as foreign minister, she facilitated bilateral cooperation in those areas. Now, as deputy prime minister, she is actively attending to the disadvantaged and advancing social welfare. These policies are very much in line with the priorities of my administration. I look forward to strengthening cooperation with Deputy Prime Minister Dladla for the benefit of both our societies. Taiwan and Eswatini are peace-loving nations. Faced with a constantly changing international landscape and the growing threat posed by authoritarianism, we hope that our two countries will continue to support each other on the international stage and strive together for the well-being of both our peoples. In closing, I wish Deputy Prime Minister Dladla and our distinguished guests a pleasant and successful visit. Deputy Prime Minister Dladla then delivered remarks, first greeting President Lai on behalf of the King, the Queen Mother, and the people of Eswatini, and extending gratitude for the warm reception afforded to her and her delegation, which underscores the strong bonds of friendship between our two nations. The deputy prime minister stated that, in reflecting on the fruits of our partnership, the evidence of Taiwan’s commitment to Eswatini is all around us. The strategic oil reserve project launching in April, she indicated, will redefine Eswatini’s energy security, and the Central Bank complex and electrification project stand as monuments of Taiwan’s vision for Eswatini’s progress and indicate that our partnerships are very strong. Deputy Prime Minister Dladla pointed out that education is the foundation of any nation’s progress, and that Taiwan’s contribution to Eswatini’s education sector cannot be overstated. Through Ministry of Foreign Affairs scholarship programs, she said, Eswatini has sent numerous students to Taiwan, where they’ve received world-class education in various disciplines, including engineering, business, and medicine. In turn, she said, these graduates are now contributing to the development of Eswatini. The deputy prime minister stated that Taiwan has also strengthened Eswatini’s industrial and technological sectors, with collaborations and partnerships that create new opportunities for employment and innovation, and that Taiwan’s technical and medical assistance has strengthened Eswatini’s healthcare systems and uplifted the expertise of its professionals. Deputy Prime Minister Dladla also congratulated President Lai once again on his presidency, which she stated will lead Taiwan to new heights, adding that His Majesty coming to Taiwan personally for the inauguration was a resounding declaration of Eswatini’s enduring support for Taiwan’s sovereignty, stability, and rightful place on the world stage. She emphasized that Eswatini stands with Taiwan always and unwaveringly. In conclusion, the deputy prime minister stated that Eswatini fully agrees with Taiwan that we must all safeguard our national sovereignty and protect the lives and property of our people. She said that our common enemy will always be poverty and natural disasters, but against all odds, we will stand united, and we shall remain united and be one. The delegation was accompanied to the Presidential Office by Eswatini Ambassador Promise Sithembiso Msibi.

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2025-02-11
Presidential Office thanks US and Japan for joint leaders’ statement
On February 7 (US EST), President Donald Trump of the United States and Prime Minister Ishiba Shigeru of Japan issued a 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.” In the statement, the two leaders also “encouraged the peaceful resolution of cross-strait issues, and opposed any attempts to unilaterally change the status quo by force or coercion” and “expressed support for Taiwan’s meaningful participation in international organizations.” Presidential Office Spokesperson Karen Kuo (郭雅慧) on February 8 expressed sincere gratitude on behalf of the Presidential Office to the leaders of both countries for taking concrete action to demonstrate their firm support for peace and stability across the Taiwan Strait and for Taiwan’s international participation. Spokesperson Kuo pointed out that there is already a strong international consensus on the importance of peace and stability in the Indo-Pacific region. The spokesperson emphasized that Taiwan, as a responsible member of the international community, is capable and willing to work together with the international community and will continue strengthening its self-defense capabilities as it deepens its trilateral security partnership with the US and Japan and works alongside like-minded countries to uphold the rules-based international order. The spokesperson said that Taiwan will work toward ensuring a free and open Taiwan Strait and Indo-Pacific region, as well as global peace, stability, and prosperity, as it continues to act as a force for good in the world.

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2025-02-11
President Lai’s response to Pope Francis’s 2025 World Day of Peace message
President Lai Ching-te recently sent a letter to Pope Francis of the Catholic Church in response to his message marking the 58th World Day of Peace. The following is the full text of the president’s letter to the pope: Your Holiness, In your message for the 2025 World Day of Peace entitled Forgive us our trespasses: grant us your peace, you called for a cultural change that would bring an end to the governance of interpersonal and international relations by a logic of exploitation and oppression and herald true and lasting peace. I wholeheartedly admire and identify with your point of view. Since transitioning from a medical career to politics, I have remained true to my original intentions in the sense that, while a doctor can help only one person at a time, a public servant can simultaneously assist many people in resolving the difficulties affecting their lives. In my inaugural address in May 2024, I pledged that every day of my term, I would strive to act justly, show mercy, and be humble, which accord with the teachings of the Bible. I promised to treat the Taiwanese people as family and prove myself worthy of their trust and expectations. With an unwavering heart, I have accepted the people’s trust and taken on the solemn responsibility of leading the nation forward and building a democratic, peaceful, and prosperous new Taiwan. In this new year, the changing international landscape continues to present many grave challenges to democratic nations around the world. As the Russia-Ukraine war persists, the steady convergence of authoritarian regimes, including China, Russia, North Korea, and Iran, threatens the rules-based international order and severely impacts peace and stability in the Indo-Pacific and the world at large. Your Holiness has stated that war is a defeat for everyone. I, too, firmly believe that peace is priceless and that war has no winners. A high level of consensus has formed in the international community on upholding peace and stability across the Taiwan Strait. The Taiwanese people also maintain an unyielding commitment to safeguarding a way of life that encompasses freedom, equality, democracy, and human rights. Taiwan will continue to spare no effort in preserving regional peace and stability and serving as a pilot for global peace. In your World Day of Peace message, you urged prosperous countries to assist poorer ones. This compassion is truly touching. Taiwan is proactively implementing values-based diplomacy and, under the Diplomatic Allies Prosperity Project, enhancing allies’ development through a range of initiatives. Over many years, Taiwan has accumulated abundant and unique experience of providing foreign assistance. Seeking to foster self-reliance among disadvantaged countries, we have extended genuine support to help alleviate poverty through such avenues as strengthening basic infrastructure, transferring technology, and cultivating talent. In your message, you reminded countries worldwide that assistance should not be merely an isolated act of charity and pointed to the need to devise a new global financial framework so that food crises, climate change, and other challenges could be jointly addressed. I hold this view in high regard. I therefore earnestly hope that international organizations will stop excluding Taiwan for political reasons. Taiwan is willing to shoulder its international responsibilities so that it can contribute and share its valuable experience through many global platforms. On behalf of the government and people of the Republic of China (Taiwan), I again express our interest in collaborating with the Holy See to advance world peace through concrete action. We also aspire to demonstrate Taiwanese values and the Taiwanese spirit and work together with the Holy See to uphold the core values of justice, democracy, freedom, and peace. Please accept, Your Holiness, the renewed assurances of my highest consideration, as well as my best wishes for your good health and the continued growth of the Catholic Church.

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2025-02-11
President Lai meets former US Vice President Mike Pence
On the afternoon of January 17, President Lai Ching-te met with former Vice President of the United States Mike Pence. In remarks, President Lai thanked former Vice President Pence for his contributions to the deepening of Taiwan-US relations, noting that he actively helped to strengthen Taiwan-US cooperation and facilitate the normalization of military sales to Taiwan, and did his utmost to deepen the Taiwan-US economic partnership. The president indicated that former Vice President Pence also spoke up for Taiwan on numerous occasions at international venues, backing Taiwan’s international participation. President Lai expressed hope for a stronger Taiwan-US partnership to maintain peace and stability throughout the world, and that the two sides can advance bilateral exchanges in such areas as the economy, trade, and industry. A translation of President Lai’s remarks follows: I am delighted to welcome former Vice President Pence and Mrs. Karen Pence to the Presidential Office. Former Vice President Pence is not only an outstanding political leader in the US, but also a staunch supporter of Taiwan on the international stage. On behalf of the people of Taiwan, I would like to take this opportunity to extend our deepest gratitude to former Vice President Pence for his contributions to the deepening of Taiwan-US relations. Thanks to former Vice President Pence’s strong backing, ties between Taiwan and the US rose to unprecedented heights during President Donald Trump’s first administration. Former Vice President Pence actively helped to strengthen Taiwan-US security cooperation and facilitate the normalization of military sales to Taiwan, helping Taiwan reinforce its self-defense capabilities. He also did his utmost to deepen the Taiwan-US economic partnership. Former Vice President Pence also paid close attention to the military threats and diplomatic isolation faced by Taiwan. He spoke up for Taiwan on numerous occasions at international venues, taking concrete action to back Taiwan’s international participation. We were truly grateful for this. As we speak, China’s political and military intimidation against Taiwan persist. China and other authoritarian regimes, such as Russia, North Korea, and Iran, are continuing to converge and present serious challenges to democracies around the globe. At this moment, free and democratic nations must come together to bolster cooperation. I believe that a stronger Taiwan-US partnership can be an even more powerful force in maintaining peace and stability throughout the world. Former Vice President Pence has previously supported the signing of a trade agreement between Taiwan and the US. Taiwan looks forward to continuing to work with the new US administration and Congress to advance bilateral exchanges in such areas as the economy, trade, and industry. This is the first time that former Vice President Pence and Mrs. Pence are visiting Taiwan, and their visit is significantly meaningful for Taiwan-US exchanges. On behalf of the people of Taiwan, I want to extend a warm welcome. Moving forward, I hope we will jointly realize even more fruitful achievements through Taiwan-US cooperation. Former Vice President Pence then delivered remarks, thanking President Lai for his hospitality on his and his wife’s first visit to Taiwan, saying that it is an honor to be here to reaffirm the bonds of friendship between the people of America and the people of Taiwan, which are strong and longstanding. The former vice president indicated that the American people admire the people of Taiwan and all that has been accomplished in a few short decades for Taiwan to rise to one of the world’s preeminent economic powers and free societies. He said that he is grateful for President Lai’s courageous and bold leadership of Taiwan, and grateful to be able to express the support of the overwhelming majority of the American people for this alliance. Former Vice President Pence indicated that the values shared by Taiwan and the US, including freedom, the rule of law, and respect for human rights, bind us together in a partnership that transcends geographic boundaries and cultures. He then assured President Lai that China’s increasingly aggressive posture in the Taiwan Strait and across the Indo-Pacific, for the values and interests that both sides share, is deeply concerning to the American people. Former Vice President Pence stated that America is a Pacific nation, and is committed to the status quo, adding that they recognize it is China that wants to change the status quo that America, Taiwan, and other allies in the region want to preserve, which has created an environment of extraordinary growth and prosperity. The former vice president concluded by once again thanking President Lai and his team for their gracious hospitality and conveying best wishes to him and the people of Taiwan. Former Vice President Pence then assured President Lai that just as Taiwan will never surrender its freedom, he will continue to be a voice for a strong US-Taiwan relationship in the defense and the benefit of Taiwan, the US, and the free world. Later that day, Vice President Bi-khim Hsiao hosted a banquet for former Vice President Pence and his delegation at Taipei Guest House to thank him for his longstanding friendship and staunch support for Taiwan-US ties.

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2025-02-11
President Lai meets delegation to 60th Inaugural Ceremonies of US president and vice president
On the morning of January 16, President Lai Ching-te met with Taiwan’s delegation to the 60th Inaugural Ceremonies of the President and Vice President of the United States. In remarks, President Lai stated that democratic Taiwan stands united, working hard to deepen Taiwan-US ties together. He then entrusted the delegation with three missions: to convey best wishes from the people of Taiwan, convey our firm commitment to democracy, and help Taiwan-US relations reach a new milestone. A translation of President Lai’s remarks follows: The 60th Inaugural Ceremonies of the President and Vice President of the US will be held on January 20. I want to thank Speaker Han Kuo-yu (韓國瑜), president of the Legislative Yuan, for accepting my invitation to lead our nation’s representative delegation to the event. I also thank Legislative Yuan Members Ko Chih-en (柯志恩), Wang Ting-yu (王定宇), Ko Ju-chun (葛如鈞), Lee Yen-hsiu (李彥秀), Chen Kuan-ting (陳冠廷), Kuo Yu-ching (郭昱晴), and Chen Gau-tzu (陳昭姿) for joining this visit to the US to attend the inauguration of President Donald Trump and Vice President J.D. Vance. We have gathered together today despite differences in party affiliation because in democratic Taiwan, while parties may compete domestically, when it comes to engagement externally, they stand united and share responsibility, working hard to deepen Taiwan-US ties and strive for the best interests of the nation. We share the value of defending freedom and democracy, and we share the goal of advancing peace and prosperity. Today, we engage with the world together as those from the same country – the Republic of China (Taiwan). In this complex and volatile new international landscape, and as the nation faces difficulties and challenges, I want to stress that in Formosa, there is no hostility that cannot be let go, and no hardship that cannot be overcome. Unity is the most important, and I hope that Taiwan can stand united, because there is true strength in unity. Democratic Taiwan must stand united in engaging with the world and initiate exchanges with confidence. On that ground, I am entrusting this delegation with three key missions. First, convey best wishes from the people of Taiwan. Just last year, Taiwan and the US celebrated the 45th anniversary of the passage of the Taiwan Relations Act. And on May 20, the US sent a senior bipartisan delegation to congratulate me and Vice President Bi-khim Hsiao on our inauguration. As the leader of this cross-party delegation, Speaker Han must clearly convey the well-wishes of the people of Taiwan, congratulate President Trump and Vice President Vance on their inauguration, and wish success to the new administration and prosperity to the US. Second, clearly convey the firm commitment of the people of Taiwan to democracy. The theme of these inaugural ceremonies is “Our Enduring Democracy: A Constitutional Promise.” Taiwan and the US share the universal value of democracy and are staunch allies. I hope that the delegation can faithfully convey the firm commitment to democracy that the people of Taiwan have, which will not change even in the face of authoritarian threats. Taiwan is willing to stand side by side with the US and other members of the democratic community to defend the sustainable development of global democracy and prevent the expansion of authoritarianism. Third, help Taiwan-US relations reach a new milestone. In recent years, Taiwan-US relations have continued to grow, with the first agreement under the Taiwan-US Initiative on 21st Century Trade having formally taken effect last month. This morning, the House of Representatives also passed the US-Taiwan Expedited Double-Tax Relief Act. I hope that the delegation can help Taiwan-US relations reach a new milestone through these exchanges so that our relations continue to grow, our cooperation expands even more, and so that we can achieve even greater success after the new administration takes office. Four years ago, Taiwan’s representative to the US inaugural ceremonies was Vice President Hsiao, who was then our representative to the US. Everyone has a lot to learn from her. I have specially invited everyone here to converse so that you can draw from Vice President Hsiao’s experience and ensure an even smoother visit. Washington, DC was also hit by a rare blizzard recently, and the weather has been very cold, so make sure to stay warm. I am sending everyone off with hand warmers and thermoses so that you can bring some warmth from Taiwan with you on your journey. And I ask that Speaker Han exercise his wisdom to help generate some warmth between the ruling and opposition parties through cooperation, which they can then bring back to Taiwan. Let us unite to give our all for diplomacy so that we can unite to give our all for Taiwan. I wish the delegation a smooth and safe trip, and hope your missions can be carried out successfully. Speaker Han then delivered remarks, stating that it was an honor to be invited by President Lai to organize a delegation to represent our nation at the 60th Inaugural Ceremonies of the President and Vice President of the US in Washington, DC, and express the Republic of China’s sincere and cordial best wishes. The Legislative Yuan’s president has assumed this important task numerous times in the past, he said, not only to represent the government of the Republic of China, but also to take on the mission of conveying the voices of 23 million people. He went on to say that he is honored to take up the baton, lead eight legislators to the US to attend this celebration that will attract global attention, and express sincere best wishes to newly elected President Trump, Vice President Vance, and the new administration’s team. As enjoined by President Lai, he hopes the delegation’s trip will help open a new chapter in Taiwan-US exchanges. Speaker Han stated that the US is the most free and democratic country in the world. He noted that in 1776 in the US Declaration of Independence, founding father Thomas Jefferson propounded the concept of “unalienable rights,” and emphasized that the people have a right to freedom and the pursuit of happiness, democratic ideas that have long been rooted in the people’s hearts. Today, he said, democracy is also embedded in the DNA of Taiwan’s 23 million people, and this hard-won democratic achievement is a result of the concerted efforts of our pioneering predecessors, thinkers, and activists over the past 100 years. Speaker Han stated that during this visit, the Legislative Yuan delegation hopes to convey the voice of Taiwan as a democratic country. Taiwan’s security, he said, is like the four legs of a table: The first leg is defending the Republic of China, the second is defending freedom and democracy, the third is maintaining Taiwan-US relations, and the fourth is maintaining cross-strait peace. The delegation will travel to the US amidst severe cold weather to show that we value our relationship with the US, and our citizens have great hopes and expectations. Speaker Han stated that this will be a cross-party delegation of eight legislators, all of whom have a strong sense of mission. He hopes that all democratic nations will acknowledge Taiwan’s importance, and pay attention to Taiwan’s 23 million people. The delegation, he said, will do its utmost to convey the goodwill and warmth that the people of Taiwan give to each and every one of our good friends.

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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 –

February 17, 2025
MIL-OSI China: China’s auto output, sales see solid increases in January

Source: China State Council Information Office

This photo shows a Yangwang U7 of BYD at the 22nd Guangzhou International Automobile Exhibition at the China Import and Export Fair Complex in Guangzhou, south China’s Guangdong Province, Nov. 15, 2024. [Photo/Xinhua]

China’s auto industry witnessed a steady start to the year, with both production and sales posting year-on-year increases in January, industry data showed on Monday.

Total auto output reached 2.15 million units last month, up 3.3 percent year on year, while sales grew 0.8 percent year on year to top 2.13 million units, according to the China Association of Automobile Manufacturers.

New energy vehicles performed strongly, with sales surging 29.4 percent year on year to 944,000 units in January — accounting for 38.9 percent of total new vehicle sales last month.

MIL OSI China News –

February 17, 2025
MIL-OSI Australia: 41-2025: Change to the release conditions for live marine ornamental fish sharing a recirculating system
Source: Australia Government Statements – Agriculture

17 February 2025

Who does this notice affect?
1. Biosecurity industry participants who hold a Class 7.1 approved arrangement for the import of live ornamental fish.
2. Importers of live marine ornamental fish.
3. Departmental staff who attend the class 7.1 approved arrangement, to inspect and release live ornamental fish undergoing the post arrival quarantine period.
What has changed?

The Department of Agriculture, Fisheries and Forestry has…

MIL OSI News –
February 17, 2025
MIL-OSI: Plutus Trade Base Expands Services to Include U.S. Traders

Source: GlobeNewswire (MIL-OSI)

Plutus Trade Base (PTB) announces the expansion of its proprietary trading services to U.S. traders, offering funded accounts and profit-sharing opportunities. The firm provides access through TradeLocker and TradingView platforms, features a live Discord trading room, and supports a range of trading instruments, including forex, equities, commodities, and other asset classes.

Photo credit: Plutus Trade Base

LIMASSOL, Cyprus , Feb. 16, 2025 (GLOBE NEWSWIRE) — Plutus Trade Base (PTB), a proprietary trading firm, has announced that it will begin offering its services to traders in the United States. The company provides funded trading accounts, allowing traders to access capital without risking personal funds.

PTB operates by evaluating traders through a structured assessment process. Successful participants gain access to funding and can receive payouts based on their trading performance. The company states that its model is designed to provide traders with more flexibility while maintaining clear trading conditions and rules.

“The expansion into the U.S. is an important step for us,” said the of CEO of Plutus Trade Base. “Many traders in the U.S. are looking for alternative funding options, and we are working to provide them with a structured and transparent solution.”

As part of the expansion, PTB has integrated with the TradeLocker and TradingView platforms. The company supports various trading instruments, including forex, stocks, and commodities. It also offers different funding models, including instant funding and challenge-based accounts. The firm states that its payout system includes multiple options, such as cryptocurrency withdrawals.

The company has also introduced a live trading room on Discord, where traders can participate in discussions, share strategies, and engage in real-time trading sessions. The live trading room includes screen-sharing capabilities and allows participants to join via webcam, facilitating a more interactive learning environment.

PTB states that it aims to provide clear terms and policies to address common concerns within the proprietary trading industry. The company’s rules outline drawdown limits, profit targets, and withdrawal procedures, which it describes as being structured to create a fair and consistent trading environment.

“We are focused on providing traders with opportunities while ensuring that our processes remain transparent and accessible,” said PTB’s CEO. “Our goal is to support traders in improving their skills and achieving sustainable growth.”

Proprietary trading firms have seen increased attention in recent years, with more traders seeking access to capital outside of traditional brokerage models. PTB joins other firms in the industry that offer funded accounts and profit-sharing models.

PTB states that it will continue to refine its offerings and expand its reach in the coming months.

About Plutus Trade Base

Plutus Trade Base (PTB) is a proprietary trading firm that provides traders with access to funded accounts. The company evaluates traders through a structured process, offering funding and payout options based on performance. PTB supports multiple trading platforms and instruments and provides a live trading community for traders worldwide.

Contact Information
Name: Max
Company: Plutus Trade Base
Website: https://plutustradebase.com/
Email: support@plutustradebase.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c9c5aea4-5b93-4f19-b1aa-a32da02b703b

The MIL Network –

February 17, 2025
MIL-OSI New Zealand: Business – Entries open for new-look ExportNZ ASB Central Region Export Awards
Source: Business Central

Entries open for new-look ExportNZ ASB Central Region Export Awards

The ExportNZ ASB Central Region Export Awards will return this year with an expanded format, building off the success of last year’s sold-out ExportNZ ASB Wellington Export Awards.

This year’s new-look event recognises the efforts of exporters from Wellington to the wider Central region. It will be hosted for the first time in Palmerston North, at the Palmerston North Conference and Function Centre on June 6.

The awards will be hosted on an alternate basis between Wellington and Palmerston North each year.

ExportNZ Central and Hawke’s Bay manager Amanda Liddle says the new format reflects the growth of the export industry across the Central region, including Wellington, Whanganui, Wairarapa, Horowhenua and Manawatū.

“ExportNZ is delighted to be holding the ExportNZ ASB Central Region Export Awards for the first time in Palmerston North this year. The region has a thriving export sector and an important logistics ecosystem which is crucial to the New Zealand export economy. We look forward to celebrating the success of exporters throughout the lower North Island,” said Liddle.

Palmerston North Mayor Grant Smith says the event is recognition of a region that punches above its weight.

“We’re proud to host the 2025 Central Export Awards, alternating biennially with Wellington over the coming years. Despite being a powerhouse in primary industries, our city and wider region are often overlooked in the export conversation. Yet we’re at the heart of New Zealand’s food and fibre sector – producing and exporting beef, lamb, poultry, venison, fresh produce, cropping, seafood, dairy, honey, and forestry products worldwide.

“Beyond agriculture, we’re also home to many world-class manufacturers, a growing tech sector, and have a strong international education presence.

“We’re grateful to our partners Central Economic Development Agency, Manawatū District Council, Horizons Regional Council, and the Manawatū Business Chamber for supporting this event and celebrating our exporters’ achievements,” said Smith.

In partnership with ASB, the awards honour the success of Central exporters in international markets.

The Central region is home to many major exporters, responsible for strong overseas trade, cutting-edge research and industry partnerships – making it an ideal location for this year’s expanded event.

ASB Head of International Trade Mike Atkins says:

“ASB is excited to expand our partnership with Business Central in launching the ExportNZ ASB Central Region Export Awards this year. The Manawatū region has a rich history in food innovation and science, backed by thriving primary, technology, distribution, and logistics sectors.

“We look forward to recognising and celebrating the achievements of the region’s exporters, who play an important role in New Zealand’s economic growth agenda,” Atkins said.

Are you leading the way in innovation, championing sustainability, or building a thriving export business?

The ExportNZ ASB Central Region Export Awards welcomes entries from exporters across these categories:

CentrePort Wellington Excellence in Innovation: This award recognises companies that excel in bringing innovative solutions to global markets, encompassing everything from intellectual property and strategy to process implementation and success tracking.

ExportNZ Excellence in Sustainability: This award recognises businesses that have woven sustainability into their core operations, achieving global success while creating positive environmental and social impact.

DHL Best Emerging Business: This award aims to recognise an outstanding exporting business that is in the early stages of expanding internationally, with an annual turnover of $5 million or less.

Gallagher Insurance Best Established Business: This award celebrates success based on net return to the New Zealand economy for more established companies, typically with over five years in export markets and likely annual revenue exceeding $5 million.

The awards are judged by a panel of experienced exporting specialists to ensure a fair and comprehensive evaluation of each entry. This year the judges are David Boyd, Chair of ExportNZ and Founder of Foot Science International; ASB Head of International Trade Mike Atkins; and Paul Brewerton, Customer Manager at New Zealand Trade and Enterprise

ExportNZ welcomes entries from exporters in the following regions:

– Greater Wellington

– Wairarapa

– Horowhenua

– Manawatū

– Whanganui

Whether you’re just beginning your export journey or are an established international player, we encourage you to share your success story. Entries open on the 17 th of February 2025 and will close on the 16 th of April 2025.Tickets are available now.

Entry forms, criteria requirements and registration forms for the Awards dinner are available on the ExportNZ website: https://exportnz.org.nz/event/exportnz-asb-central-region-export-awards-2025/
MIL OSI New Zealand News –
February 17, 2025
MIL-OSI Asia-Pac: India-Myanmar Bilateral Meet: MoS Jitin Prasada meets counterpart Deputy Minister H.E. U Minn Minn

Source: Government of India

Posted On: 15 FEB 2025 2:37PM by PIB Delhi

H.E. U Minn Minn, Deputy Minister for Ministry of Commerce, Myanmar met with Shri Jitin Prasada, Union Minister of State of Commerce & Industry, Government of India, on Friday 14th February 2025 in Vanijya Bhawan, New Delhi. Senior officials from both the sides were also present in the meeting.

Emphasising on the potential for enhanced bilateral trade, the Ministers discussed possibilities in areas of Pharmaceuticals, Pulses & Beans, Petroleum products and greater use of the recently launched Rupee-Kyat Trade Settlement Mechanism to foster mutual growth.

During the meeting both the leaders deliberated on the potential areas of collaboration to promote bilateral trade and also acknowledged the importance of resuming border trade through roads and agreed to take steps on this issue.

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Abhishek Dayal/Abhijith Narayanan

(Release ID: 2103498) Visitor Counter : 59

MIL OSI Asia Pacific News –

February 17, 2025
MIL-OSI Asia-Pac: DPIIT Secretary chairs PMG Review of Mega Infrastructure Projects of Gujarat and Rajasthan

Source: Government of India

Posted On: 15 FEB 2025 12:28PM by PIB Delhi

Shri Amardeep Bhatia, Secretary, Department for Promotion of Industry and Internal Trade (DPIIT) chaired a high-level meeting to review key issues affecting mega infrastructure projects in the state of Gujarat and Rajasthan. The meeting, attended by senior officials from Central Ministries, State Governments, and Project Proponents, focused on expediting issue resolution through enhanced inter-ministerial and state coordination facilitated by the Project Monitoring Group (PMG).

In the meeting, 21 issues across 14 significant projects were reviewed, including four projects under the Ministry of Labour and Employment, with a total cost of all projects exceeding Rs 13,162 crore. Additionally, seven issues pertaining to one private project, valued at Rs 600 crore, were also reviewed.

The meeting placed significant emphasis on the transmission projects of the Khavda Renewable Energy Park in Gujarat. Once operational, the park is expected to generate approximately 81 billion units of clean electricity annually, significantly reducing dependence on fossil fuels. Additionally, it is projected to create approximately 15,200 green jobs across various sectors, including construction, engineering, operations, and maintenance.

Reliance Jio’s 5G/4G expansion project, which offers advantages such as faster speeds, low latency, and wider coverage—facilitating ultra-high-definition streaming and the advancement of applications like IoT and smart city solutions—was also reviewed.

The Secretary, DPIIT, reaffirmed the commitment to enhancing the institutional framework for project monitoring and instructed the relevant authorities to take a proactive approach in addressing pending issues. He emphasized the importance of private proponents leveraging this specialized mechanism of Project Monitoring Group (PMG) (https://pmg.dpiit.gov.in/) to expedite project implementation and ensure efficient and timely resolution of their concerns through collaboration among the Central Government, State Authorities, and Private Stakeholders.

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Abhishek Dayal/Abhijith Narayanan/Asmitabha Manna

(Release ID: 2103479) Visitor Counter : 47

MIL OSI Asia Pacific News –

February 17, 2025
MIL-OSI Asia-Pac: Casting Nets, Catching Success
Source: Government of India (2)

Casting Nets, Catching Success

India’s Fisheries on the Rise

Posted On: 15 FEB 2025 10:18AM by PIB Delhi

Introduction:

India is the second largest fish producing country with around 8% share in global fish production. Over the past two decades, India’s fisheries sector has witnessed significant growth and transformation. From technological advancements to policy reforms, the period from 2004 to 2024 has been marked by milestones that have bolstered India’s position in global fisheries and aquaculture. The Union Budget 2025-26, proposed the highest ever total annual budgetary support of Rs. 2,703.67 crores for the fisheries sector. This is a testament to India’s achievement as a leader in aquaculture and seafood exports!

“THE SUNRISE SECTOR” IN THE UNION BUDGET 2025-26

The 2025-26 budget announcement strategically focuses on enhancing financial inclusion, reducing financial burden on farmers by reducing custom duties and furthering development of the marine fisheries.

Additionally, The Budget 2025-26 highlights enabling a framework for sustainable harnessing of fisheries from Exclusive Economic Zone (EEZ) and High Seas with special focus on Lakshadweep and A&N Islands. This will ensure sustainable harnessing of the untapped potential of the marine fish resources in the Indian EEZ and adjacent High Seas for growth in the marine sector.

The Government of India also increased the Kisan Credit Card (KCC) lending limit from ₹3 lakh to ₹5 lakh to enhance credit accessibility for fishers, farmers, processors and other fisheries’ stakeholders. This move aims at streamlining the flow of financial resources ensuring that necessary funds are easily accessible for fulfilling working capital requirements of the sector.

Two Decades of Success

Increase in Production: Fish production increased to an impressive 184.02 lakh tons (2023-24) from 95.79 lakh tons (2013-14) and 63.99 lakh tons (2003-04) registering an increase of 88.23 lakh tons in 10 years (2014-24) as compared to an increase of 31.80 lakh tons (2004-14).

Increase in Inland and Aquaculture Fish Production: A tremendous increase of 77.71 lakh tons was achieved in Inland and Aquaculture fish production from 2014-24 as against the 26.78 lakh tons achieved from 2004-14.

The marine fish production doubled to 10.52 lakh tons (2004-14) from 5.02 lakh tons (2014-24).

As reported by Marine Products Export Development Authority (MPEDA), during the financial year 2023-24, India exported 17,81,602 MT of Seafood worth ₹ 60,523.89 Cr. The export value has witnessed a significant jump from 609.95 Cr in 2003-04.

Policy Initiatives and Schemes:

Blue Revolution: The Blue Revolution scheme was the first step towards making the fisheries sector economically viable and robust. With its multi-dimensional activities, Blue Revolution focuses mainly on increasing fisheries production and productivity from aquaculture and fisheries resources, both inland and marine. The Blue Revolution Scheme was launched in FY2015-16 with a central outlay of Rs. 3000 crores for 5 years.

However, as the sector needed reforms to address critical gaps across the value chain; Thus, the Pradhan Mantri Matsya Sampada Yojana (PMMSY) scheme was conceived in 2020 to help the fisheries sector achieve new heights while ensuring socio-economic welfare of fishers, fish farmers and other stakeholders. The Pradhan Mantri Matsya Sampada Yojana (PMMSY) is being implemented for a period of five years (2020-21 to 2024-25) with an investment of Rs 20,050 crore. The initiative delves into the domain of inland fisheries and aquaculture, recognizing their pivotal role in bolstering production and ensuring robust food security.

Source: https://pmmsy.dof.gov.in/#schemeIntro

INITIATIVES UNDER PMMSY
1. Fish Farmers Producer Organisations (FFPOs)– Under the ongoing PMMSY, there is a provision to provide financial assistance for setting up of Fish Farmers Producer Organisations (FFPOs) to economically empower the fishers and fish farmers and enhance their bargaining power which ultimately help to improve the standard of living of fishers.
The Department of Fisheries has so far accorded approval for setting up of a total of 2195 FFPOs at a total project cost of Rs.544.85 crore comprising 2000 fisheries cooperative as FFPOs and 195 new FFPOs. Further, to facilitate access to institutional credit by fishers and fish farmers, Kisan Credit Card facility has been extended to fisheries since 2018-19 and till date 4,50,799 KCC card have been sanctioned to fishers and fish farmers.
1. Fisheries and Aquaculture Infrastructure Development Fund (FIDF)-
In the Union Budget 2018, the Hon’ble Finance Minister announced setting up of a Fisheries and Aquaculture Infrastructure Development Fund (FIDF) for fisheries sector. Accordingly, during 2018-19, a dedicated fund, FIDF was created with a total funds size of Rs 7522.48 crore.

The Department of Fisheries, has approved a total 136 project proposals/projects at a total cost of Rs.5801.06 crore with project cost restricted for interest subvention at Rs.3858.19 crore received from various State Governments/UTs and other eligible entities. Extension of FIDF will further intensify development of various fisheries infrastructures.
1. Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana-
The Union Cabinet approved the Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PMMKSSY), a Central Sector Sub-scheme under the Pradhan Mantri Matsya Sampada Yojana (PMMSY) in February 2024 for a period of four years from FY 2023-24 to FY 2026-27. PM-MKSSY will be implemented in all the States and Union Territories with an estimated outlay of ₹6000 crore. PM-MKSSY intends to address the inherent weaknesses of the sector through identified financial and technological intervention for bringing in institutional reforms to support the transformation of the fisheries sector in the Long-term.

Integrated Aqua Parks Under PMMSY-

4. The Department of Fisheries in India has been actively promoting the development of integrated aquaparks to boost the fisheries sector. These aquaparks are part of the Pradhan Mantri Matsya Sampada Yojana (PMMSY) and aim to enhance the aquaculture value chain through various initiatives. The Department has accorded approval for setting up of a total 11 integrated aquaparks in the country at a total cost of Rs 682.6 crore.
1. Artificial Reefs Deployed Under PMMSY-
Artificial reefs are man-made structures placed on the seafloor to enhance marine habitats and ecosystems. These structures mimic natural reefs and provide shelter, food sources, and breeding grounds for various marine organisms. In India, the Department of Fisheries has been actively promoting the installation of artificial reefs across coastal states to support sustainable marine fisheries conservation efforts. These initiatives aim to rejuvenate coastal fisheries, rebuild fish stocks, and enhance marine biodiversity. The Department of Fisheries, with technical support from the Fishery Survey of India (FSI) and ICAR-Central Marine Fisheries Research Institute (CMFRI), is committed to promoting sustainable practices and improving the livelihoods of coastal communities through these projects. As on Sep 2024, installation of 937 artificial reefs have been approved at a project cost of Rs. 291.37 crore in the states/UTs of AP, Gujarat, Lakshadweep, Karnataka, Odisha, Maharashtra, Goa, Kerala, Puducherry, Tamil Nadu, and West Bengal.
1. Designated NBCs Under PMMSY-
The Department of Fisheries in India has designated specific Nucleus Breeding Centres (NBCs) to enhance the genetic quality of aquaculture species. These NBCs play a crucial role in improving the productivity and quality of species like shrimp, which are vital for both domestic consumption and export.

Technological Advancements:
- Satellite Technology Integration: National Rollout Plan for Vessel Communication and Support System, application of Oceansat, Potential Fishing Zones (PFZ) etc., undertaken by Department of Fisheries on application of space technologies in the fisheries sector.
- GIS-Based Resource Mapping: Implementation of Geographic Information System (GIS) technology for mapping marine fish landing centers and fishing grounds, aiding in effective resource management.
The components of the scheme for strengthening of database and geographical information system GIS for fisheries sector are as under:

ICAR-Central Institute of Fisheries Education (CIFE): A Centre of Excellence

The Central Institute of Fisheries Education (CIFE), established in 1961, is India’s leading institution for higher education and research in fisheries. CIFE has trained more than 4,000 fisheries extension workers and professionals who play a crucial role in promoting sustainable fisheries practices across the country. CIFE’s role in capacity building has been critical to the growth of India’s fisheries sector.

Key highlights of India’s sustainable fishing efforts include:

National Policy on Marine Fisheries (NPMF, 2017): The Government of India has introduced the NPMF, which places a strong emphasis on sustainability as the core principle for all marine fisheries actions. This policy guides the conservation and management of India’s marine fishery resources.

Regulation and Conservation Measures: To ensure the long-term sustainability of marine fish stocks, the Government has implemented several conservation measures, including:
- Uniform Fishing Ban: A 61-day uniform fishing ban during the monsoon season in the EEZ to allow fish stocks to replenish.
- Prohibition of Destructive Fishing Methods: Bans on pair trawling, bull trawling, and the use of artificial LED lights in fishing, which help reduce overfishing and minimize damage to marine ecosystems.
- Promotion of Sustainable Practices: Encouraging sea ranching, the installation of artificial reefs, and mariculture activities such as seaweed cultivation.
- Fisheries Regulations by States/UTs: Coastal States/UTs have also implemented gear-mesh size and engine power regulations, minimum legal size (MLS) of fish, and zonation of fishing areas for different types of vessels, contributing to sustainable fishing.
Conclusion:

The period from 2004 to 2024 has been transformative for India’s fisheries sector. Through concerted efforts in policy implementation, technological integration, and sustainable practices, India has not only enhanced its fish production but also ensured the socio-economic development of its fishing communities. As the nation moves forward, continued focus on innovation and sustainability will be key to maintaining this upward trajectory.

References:

Download in PDF

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Santosh Kumar/ Sarla Meena/ Kritika Rane

(Release ID: 2103444) Visitor Counter : 22

MIL OSI Asia Pacific News –
February 17, 2025
MIL-OSI Asia-Pac: HKETO, Brussels supports Hong Kong films at VÃ©soul International Film Festival of Asian Cinema (with photos)

Source: Hong Kong Government special administrative region

HKETO, Brussels supports Hong Kong films at Vésoul International Film Festival of Asian Cinema (with photos)
HKETO, Brussels supports Hong Kong films at Vésoul International Film Festival of Asian Cinema (with photos)
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The Hong Kong Economic and Trade Office in Brussels (HKETO, Brussels) supported the participation of Hong Kong films and filmmakers in the 31st Vésoul International Film Festival of Asian Cinema taking place in Vésoul, France, from February 11 to 18 (Vésoul time). Supporting the festival for the first time, HKETO, Brussels is delighted to bring 18 Hong Kong films to the Festival. Six of them were screened on the specially curated Hong Kong Day on February 15, and “All Shall Be Well” was the closing film. In addition, a roundtable discussion on Hong Kong cinema was held featuring Hong Kong and French movie practitioners. It was followed by a Hong Kong Night reception, where about 100 guests, including Hong Kong film producer Teresa Kwong and actress Patra Au, attended. Speaking at the reception, Assistant Representative of HKETO, Brussels Mr Paul Leung highlighted the unique position of Hong Kong as a leading force in the Asian film industry. “To enhance the development of the film industry, the Government of the Hong Kong Special Administrative Region has been supporting the film industry through the Film Development Fund in four strategic directions, namely nurturing talent, enhancing local production, expanding markets and building audiences,” added Mr Leung. He highlighted the recently launched Hong Kong-Europe-Asian Film Collaboration Funding Scheme, which subsidises film projects co-produced by filmmakers from European and Asian countries to produce films featuring Hong Kong, European and Asian cultures. The scheme aims to support Hong Kong films in expanding into overseas markets. The Vésoul International Film Festival of Asian Cinema focuses on promoting Asian cinematography in France and Europe. It is one of the most important festivals of this kind in the region.

Ends/Sunday, February 16, 2025Issued at HKT 22:25

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MIL OSI Asia Pacific News –

February 17, 2025
MIL-OSI Asia-Pac: Tripura CM Calls on Union Minister Dr. Jitendra Singh

Source: Government of India

Tripura CM Calls on Union Minister Dr. Jitendra Singh

Tripura to Get Advanced Weather Radar as CM Discusses Rainfall Forecasting with Union Minister

Tripura’s Bamboo Industry Set for Boost with Central Support, Says Dr. Jitendra Singh

Agartala-Akhaura Rail Link Strengthens India-Bangladesh Connectivity, Opens New Trade Avenues

Posted On: 16 FEB 2025 6:40PM by PIB Delhi

Chief Minister of Tripura, Dr. Manik Saha called on Union Minister Dr. Jitendra Singh today to discuss key state-related issues, including advanced weather forecasting, administrative matters and boosting of the bamboo industry. The meeting also touched upon the recently inaugurated Agartala-Akhaura railway link, strengthening connectivity between India’s Northeast and Bangladesh.

With Tripura witnessing unusually heavy rainfall this year—exceeding 500 mm—the Chief Minister sought technological support for improved forecasting and disaster preparedness. Dr. Jitendra Singh assured that the Ministry of Earth Sciences will set up a state-of-the-art weather radar in the State within a year. This radar, complemented by an existing Space research centre in the region, will enhance real-time weather predictions for rainfall and cyclones, helping mitigate the impact of extreme weather events.

The discussions also focused on the strategic development of Tripura’s vast bamboo reserves. The Union Minister stated that specialized institutes in Assam (Jorhat) and Manipur, dedicated to biotechnology and bamboo research, will work closely with the Tripura government to harness bamboo’s economic potential. This initiative is expected to drive industrial applications, sustainable livelihoods, and economic growth in the state.

Another key issue raised was administrative matters, including the placement of bureaucrats and officers in the state. The Union Minister acknowledged the concerns and assured necessary discussions with relevant authorities.

Dr. Manik Saha also briefed Dr. Jitendra Singh about the establishment of Tripura’s first Government Dental College, a significant development given his personal background as a dental professional. The college aims to bolster healthcare infrastructure and provide better educational opportunities in the State.

The meeting also highlighted the operationalization of the Agartala-Akhaura railway link, a project Dr. Jitendra Singh had actively pursued during his tenure as Minister for the Development of North Eastern Region (DoNER). The 12.24 km rail corridor—comprising 5.46 km in Tripura and 6.78 km in Bangladesh—re-establishes historic ties between India’s Northeast and Bangladesh’s ports, boosting trade and people-to-people connectivity. The link is expected to enhance economic prospects for Tripura and the entire Northeast region by providing a faster route to international markets.

The meeting underscored the Centre’s commitment to supporting Tripura’s development through technological advancements, administrative coordination, and improved regional connectivity.

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NKR/PSM

(Release ID: 2103831) Visitor Counter : 49

MIL OSI Asia Pacific News –

February 17, 2025
MIL-OSI Asia-Pac: Breathing Threads : Fashion Show at Bharat Tex 2025

Source: Government of India

Posted On: 16 FEB 2025 12:37PM by PIB Delhi

The office of the Development Commissioner for Handlooms Ministry of Textiles, Government of India organized a fashion event titled “Breathing Threads” to feel the pulse of craftsmanship, to honour a living legacy, to witness the timeless elegance of Indian handlooms in modern silhouettes.

The event was organized at amphitheatre in Bharat Mandapam on the sidelines of Bharat Tex 2025 in association with Vaishali S Couture, Vaishali S Threadstories Private Limited, Mumbai and in coordination with Handloom Export Promotion Council.Vaishali S Couture is a 24-year-old brand dedicated to reviving old and dying hand weaving techniques and bringing them to the top global luxury stages by inserting innovation, creativity, and a very high level of quality.

The beauty of Handloom and the mission of the brand is also its sustainability and zero waste strategy, in line with what are the living habits of Indian villages.

The Indian hand-woven textiles are the untapped wealth of the country, and it is just a question of showcasing them in a more modern and global language that will set them back to the most admired luxury fashion stages around the globe.

The show carried fabrics woven in the villages from 5 different states viz. West Bengal, Madhya Pradesh, Uttar Pradesh, Karnataka & Rajasthan and 20 models in 30 looks showcased these weaves, draped in 7 different weaving techniques: Chanderi, Maheshwari, Jamdani, Khun, Benarasi, Kota Doria, Murshidabad. Each weave was creatively embellished with unique textures and cording.

The show was the testament of how much skill and hard work, together with creativity is needed to make a hand-woven fabric, and at the same time how a craft can be elevated to being one of the global luxury brands.

The show was a great success and demonstration of the power of Indian heritage textiles when given a global language, to the mesmerised eyes of buyers from overseas countries such as Australia, UK, France, Germany, Italy, Russia, Srilanka, Bangladesh, Kuwait, Chile etc. besides the stake holders of Indian textile industry with the unwavering support of the Development Commissioner for Handlooms, the Ministry of Textiles, Government of India.

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Dhanya Sanal K

(Release ID: 2103763) Visitor Counter : 13

MIL OSI Asia Pacific News –

February 17, 2025
MIL-OSI Asia-Pac: Union Minister of Health & Family Welfare Shri JP Nadda inaugurates the Second AIIMS Oncology Conclave 2025 at NCI-AIIMS, Jhajjar

Source: Government of India (2)

Union Minister of Health & Family Welfare Shri JP Nadda inaugurates the Second AIIMS Oncology Conclave 2025 at NCI-AIIMS, Jhajjar

Under the dynamic leadership of Prime Minister Shri Narendra Modi, the narrative is changing regarding the Indian healthcare system where Bone marrow Transplant is possible in institutes like NCI: Shri Nadda

“Over 26 crore people screened for oral cancer,14 crore for breast cancer, and 9 crore for cervical cancer at Ayushman Aarogya Mandirs”

“Patients enrolled under AB-PMJAY saw 90% rise in access to cancer treatment within 30 days”

“Through the 217 AMRIT Pharmacies spread across the country, 5200 drugs for various diseases including cancer are made available at an affordable rate”

“289 oncology drugs being given at a discount of upto 50% of market rates resulting in a total of Rs. 6567 Cr. saved for 5.8 crore beneficiaries based on discount offered”

720 additional posts announced for NCI-AIIMS, Jhajjar

Posted On: 15 FEB 2025 6:18PM by PIB Delhi

Union Minister of Health & Family Welfare, Shri Jagat Prakash Nadda inaugurated the 2^nd AIIMS Oncology Conclave 2025 at the National Cancer Institute (NCI) of AIIMS, Jhajjar campus, today. National Cancer Institute (NCI) of AIIMS, Jhajjar campus is one of the largest public-funded healthcare projects in India, dedicated to providing innovative cancer care and research capabilities. The AIIMS Oncology Conclave aimed to bring together leading experts in oncology across all the Institute of National Importance (INIs) of India, to discuss advancements in cancer care, treatment methodologies, and ongoing research initiatives. With a focus on breast cancers and head and neck cancers, the conclave emphasized collaborative efforts in prevention and management of such cancers.

Addressing the gathering, Shri Nadda showed his elation over the growth and progress of the NCI since its inauguration in 2019, and stated that “the institute has matured into a world-class healthcare provider in a short span of 6 year and over time, it has evolved into a referral centre offering multidisciplinary care and providing better and patient-centric care”. He appreciated the dedication of doctors, health workers and administration of the institute to make the progress happen.

Shri Nadda also went for a special visit to the newly built Nuclear Medicine Targeted Treatment Ward and the Bone Marrow Transplant (BMT) Unit at the NCI aimed at improving patient outcomes through state-of-the-art treatment options specifically for thyroid cancers and hematolymphoid cancers, respectively. Underlining the importance of these developments, Shri Nadda stated that “these new facilities will provide state-of-the-art care to many cancer patients in this region”. He added that “under the dynamic leadership of Prime Minister Shri Narendra Modi, the narrative is changing regarding the Indian healthcare system where Bone marrow Transplant is possible in institutes like NCI.” He admired the high-quality precision and high-quality services of the Nuclear Medicine Targeted Treatment Ward and underlined that “these facilities are the hardware while the faculty members and doctors are the software of the developing robust healthcare system.”

Shri Nadda further stated that “Cancer is a daunting diagnosis that brings fear—not just of the illness, but of the future, of livelihood, of losing loved ones, and the inevitable economic and emotional strain”. He also visited and appreciated the Vishram Sadan at the NCI, developed by the Infosys Foundation, provides essential accommodation for patients’ attendants in a cost-effective way, enhancing support for families during challenging times. It also provides psychological and educational support to the needy, setting a benchmark for others.

Appreciating the innovation at the Institute, Shri Nadda stated that “the Institute is collaborating with startups, engaging Ph. D. students and involving scientists from AIIMS in research that will have real-world applications, not just for the market, but for society as a whole. As an “Incubator,” the Centre for Medical Innovations and Entrepreneurship (CMIE) is responsible to handhold and support indigenous innovations in the healthcare sector, which is tremendous. By enabling Indian start-ups to leverage the mentorship and guidance of AIIMS faculty and scientists, and by giving them access to advanced laboratory equipment and resources at AIIMS at nominal payment, CMIE is fostering a culture of innovation.” He also appreciated the boot camps which fostered the budding start-ups and entrepreneurs to ideate and manufacture healthcare solutions in India, for India.

Highlighting the Government of India’s efforts Shri Nadda stated that “to prevent and control cancer, improve overall cancer care outcomes and ensure that every citizen, regardless of their location, has access to the care they need, the Government has been working on provision of Cancer care at primary health care level in the form of prevention and screening, and at the tertiary and secondary level in the form of diagnostics and treatment and palliative care.”

He underlined that “the Government has introduced screening for individuals aged 30 years and above under NHM at Ayushman Arogya Mandirs and over 26 crore people have been screened for oral cancer, 14 crore for breast cancer, and 9 crore for cervical cancer at Ayushman Aarogya Mandirs.” He Also added that “to enhance the facilities for tertiary level care of cancer, over the last few years over 3000 crore Rupees have been approved for the period 2014-15 to 2025-26 for 19 State Cancer Institutes (SCIs) and 20 Tertiary Cancer Care Centres (TCCCs). Moreover, Cancer treatment facilities have been approved in all 22 new AIIMS with diagnostic, medical and surgical facilities.”

He also emphasized that “to make cancer treatment available to the poor and the vulnerable, under AB PM-JAY, cancer-related treatment is provided for Medical, Surgical, Radiation and Palliative Oncology across 219 packages. Since the inception of AB PM-JAY, approximately 68.43 Lakh hospital admissions amounting to Rs. 13160.75 Crores have been authorized for cancer related packages under the scheme.”

Citing a recent LANCET study, he underlined that “timely cancer treatment initiation has improved significantly because of the Ayushman Bharat Jan Aarogya Yojna. Patients enrolled under AB-PMJAY saw 90% rise in access to cancer treatment within 30 days.” He also highlighted that “through the 217 AMRIT Pharmacies spread across the country, 5200 drugs for various diseases including cancer are made available at an affordable rate. Altogether, 289 oncology drugs are given at a significant discount of upto 50% of market rates. As a result, so far a total of Rs. 6567 Cr. have been saved for 5.8 crore beneficiaries based on discount offered.”

Shri Nadda further added that “We have plans to establish Day Care Cancer Centres (DCCCs) in all district hospitals over the next three years with 200 this year itself. This initiative aims to bring essential cancer services closer to home, particularly for those in underserved rural areas.”

He added that “It is encouraging to see this institution engaging with other AIIMS and Institutes of National Importance (INIs) across the country to encourage research and innovation. The AIIMS Oncology Conclave 2025 is another step in this direction. This conclave has been designed to bring together leading experts, researchers and clinicians from all AIIMS and INIs to collaborate on the latest advancements in cancer research, treatment strategies, and prevention”.

Shri Nadda emphasized on the significant responsibility being carried by the doctors and other stakeholders in continued learning, sharing, and progressing to ensure healthcare to the patients and stated that “Coming together is a crucial first step towards advancing in critical areas like cancer care. I hope this initiative grows into a powerful collaboration where the National Cancer Institute can support and help other institutions develop side by side.”

He highlighted that “the cancer incidence in India is rising. We are now seeing 1.45 million new cancer patients every year. As the complexity of cancer treatment continues to grow, it’s not just about providing the best treatment—it’s about making that treatment available locally. Patients should not have to travel long distances for the care they need. We need to develop advanced treatment capabilities at the local and regional levels, and it is your responsibility to make this happen.”

He also announced that “the Government of India has approved creation of 720 additional posts for NCI Jhajjar. These posts include: Faculty positions, SRs/JRs, Scientists, Nurses, Technicians and Administrative posts and added that “with creation of these additional posts, NCI will rise to greater heights.”

Shri Nadda also felicitated the social activists and organizations who played quintessential roles in ensuring replacement-donation free transfusion services to patients being treated at NCI in the last 5 years. Besides, he launched an education short film as a part of the tobacco cessation campaign of NCI’s preventive oncology unit.

The Conclave with the theme “Discuss Practice and Research Avenues in Breast Cancer” aimed to foster innovation, share knowledge, and build partnerships to accelerate progress in the fight against cancer.This type of initiative, which pools the knowledge and resources of multiple institutions, has the potential to improve cancer research and treatment in India. The model developed by NCI could serve as a template for other AIIMS and INIs, allowing for a more coordinated, nationwide effort to enhance healthcare innovation.

The Conclave featured keynote speeches from renowned oncologists, break-out discussions, designed to address the pressing challenges faced in breast cancers and head and neck cancers.

Dr. M. Srinivas, Director, AIIMS, New Delhi, Dr. Alok Thakar, Head, National Cancer Institute, Jhajjar, Dr. K.K. Verma, Dean (Academics), AIIMS, Dr. Nikhil Tandon, Dean (Research), AIIMS, faculty Members of NCI, medical professionals, researchers, and healthcare policymakers of all AIIMS from across the country, PGI, Chandigarh and JIPMER, Puducherry, scientists, entrepreneurs, innovators were also present at the occasion.

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MV

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MIL OSI Asia Pacific News –

February 17, 2025
MIL-OSI Asia-Pac: CSIR-NIScPR Hosts One-Day Workshop on the Need and Significance of Communicating Science in India

Source: Government of India (2)

Posted On: 15 FEB 2025 5:18PM by PIB Delhi

The Council of Scientific & Industrial Research – National Institute of Science Communication and Policy Research (CSIR-NIScPR) successfully organized a one-day workshop on the “Need and Significance of Communicating Science in India” at its premises in New Delhi. The event aimed to evaluate existing efforts in science communication in Indian languages and explore strategies to enhance public engagement with science across diverse linguistic communities of India.

In her welcome address, Prof. Ranjana Aggarwal, Director, CSIR-NIScPR, emphasized the crucial role of science communication in bridging the gap between scientific research and society. She highlighted the importance of communicating science in regional languages to ensure inclusivity and broader outreach, stating, “True scientific progress is inclusive. Promoting science in regional languages ensures that knowledge reaches every corner of society.” Dr. Naresh Kumar, Head, PME, provided introductory remarks, reinforcing the need to disseminate scientific knowledge in regional languages. Dr. Manish Mohan Gore, Senior Scientist, CSIR-NIScPR and Primcipal Investigator of Indian language project said that public engagement is essential to percolate the authentic information of science and technology in regional languages of the country.

The workshop featured insightful discussions by esteemed speakers from various scientific and media institutions. Shri Deepak Kumar, Assistant Director, Commission for Scientific and Technical Terminology, addressed “Current Form, Problems, and Utility of Science Terminology.” Shri Balendu Sharma, Digital Media Communication Head, Microsoft, provided insights into “The Present and Future of AI and the Digital World.” Dr. Santosh Kumar Shukla, Executive Secretary, National Academy of Sciences, India, discussed “Science Writing and Popular Science Literature in Indian Languages,” while Ms. Neha Tripathi, a Digital and Social Media Expert, elaborated on “Different Sources of Scientific Content and Their Authenticity.”

Further, Dr. Krishna Nand Pandey, Former Scientist-F, ICMR, highlighted “The Role of Health Communication in Creating Awareness in Indian Society.” Ms. Ankita Mishra, Editor, NRDC, explored “The Utility and Importance of Print Media in Science Popularization in the Social Media Era.”

The afternoon session featured regional perspectives. Shri Shivanandan, Programme Executive, All India Radio, shared insights into “Radio and Agricultural Science Programmes: Nature and Possibilities.” Shri Samir Ganguly, Science Writer, highlighted “Social References of Science Fiction Stories.”

The workshop provided a dynamic platform for experts, communicators, and participants to engage in meaningful interactions. Discussions yielded policy recommendations to strengthen science communication in Indian languages, emphasizing increased academia-government-media collaboration and strategies for capacity building among science communicators. The event drew 40 participants, including faculty and students from Banaras Hindu University, Central Sanskrit University, Gurugram University, and CSIR-NIScPR, along with scientists, researchers, and policymakers. A total ofo8 speakers participated, with 06 joining online and 02 attending in person, fostering a rich exchange of ideas.

The event concluded with an interactive session and a Q&A round with students, followed by closing remarks and a vote of thanks by Dr. Manish Mohan Gore, Senior Scientist, CSIR-NIScPR, and coordinator of the workshop. The workshop reaffirmed CSIR-NIScPR’s commitment to promoting accessible and inclusive science communication in India.

About CSIR-NIScPR

The CSIR-National Institute of Science Communication and Policy Research (NIScPR) is a constituent laboratory under the Council of Scientific & Industrial Research, Ministry of Science and Technology, Government of India. It is dedicated to science communication, policy research, and the promotion of scientific awareness among the public.

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MIL OSI Asia Pacific News –

February 17, 2025

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