NewzIntel.com

    • Checkout Page
    • Contact Us
    • Default Redirect Page
    • Frontpage
    • Home-2
    • Home-3
    • Lost Password
    • Member Login
    • Member LogOut
    • Member TOS Page
    • My Account
    • NewzIntel Alert Control-Panel
    • NewzIntel Latest Reports
    • Post Views Counter
    • Privacy Policy
    • Public Individual Page
    • Register
    • Subscription Plan
    • Thank You Page

Category: Trade

  • MIL-OSI Russia: Double success: the first graduates of SPbPU and Lanzhou University of Economics and Finance received diplomas

    Translation. Region: Russian Federal

    Source: Peter the Great St. Petersburg Polytechnic University –

    An important disclaimer is at the bottom of this article.

    The Institute of Industrial Management, Economics and Trade of SPbPU hosted the first graduation of bachelors of the international educational double degree program with Lanzhou University of Economics and Finance (China).

    The defense of final qualification works in the direction of “Economics” (profile “Finance”) was held in English on the campus of Lanzhou University of Economics and Finance in Gansu Province. Students presented the results of their research on current issues of finance, economic analysis and investment management. The examination committee from SPbPU included the director of the Higher School of Engineering and Economics of IPMEiT Dmitry Rodionov, associate professor of VIES and program director Daria Krasnova, associate professors of VIES Ekaterina Burova and Evgeny Konnikov. The members of the committee highly appreciated the level of preparation of the graduates.

    Joint final assessment is a vivid example of successful academic cooperation. Each defense becomes not just an exam for students, but an important step in strengthening scientific and cultural ties between our countries. We highly value the partnership with our Chinese colleagues and are confident that it will develop, opening up new opportunities for students and teachers, – commented Dmitry Rodionov.

    During the award ceremony for the best graduates, student Zhang Liwen was awarded the badge of excellent student of the 3rd degree. Student Zhang Xinran received gratitude for the responsible performance of the duties of a class monitor during two years of study in St. Petersburg.

    This project confirms that international partnership in education opens up new opportunities for students and teachers. It was very nice to see the guys and take part in the defense of their research achievements. Joint defenses not only strengthen academic ties, but also allow for the exchange of best practices in training future financiers, says Daria Krasnova, head of the international educational program.

    “It is a great honor for me to participate in the joint defense of theses between our universities,” shared student Shan Yuhong. “It was an invaluable experience that allowed me not only to present the results of my research to an international commission, but also to get acquainted with Russian approaches to economics and finance. I would especially like to thank the teachers for their qualified comments and recommendations, which will help me in my future academic and professional activities.”

    A joint educational program with a Chinese university is not only an academic exchange, but also a bridge between cultures. Today’s defenses have shown how effective such a partnership is: students demonstrate unique competencies, and their research opens up new prospects for scientific cooperation. I thank all participants of this project for their contribution to strengthening international ties! – concluded the Director of IPMEiT Vladimir Shchepinin.

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

    July 9, 2025
  • MIL-OSI Banking: BaFin warns consumers about the website mega-platz.pro

    Source: Bundesanstalt für Finanzdienstleistungsaufsicht – In English

    The Federal Financial Supervisory Authority (BaFin) warns consumers about the company MegaPlatz and the services it is offering. BaFin suspects the unknown operators of the website mega-platz.pro of offering consumers financial, investment and cryptoasset services without the required authorisation.

    The content of the website is identical to other platforms that BaFin has previously warned consumers about and that display the same opening sentence: “Upgrade Your Trading With…”.

    BaFin is issuing this information on the basis of section 37 (4) of the German Banking Act (Kreditwesengesetz – KWG) and section 10 (7) of the German Cryptomarkets Supervision Act (Kryptomärkteaufsichtsgesetz).

    Please be aware:

    BaFin, the German Federal Criminal Police Office (Bundeskriminalamt – BKA) and the German state criminal police offices (Landeskriminalämter) recommend that consumers seeking to invest money online should exercise the utmost caution and do the necessary research beforehand in order to identify fraud attempts at an early stage.

    MIL OSI Global Banks –

    July 9, 2025
  • MIL-OSI Europe: Answer to a written question – Consequences of the anti-dumping case brought by Imerys S.A. (C/2024/7049) – E-002084/2025(ASW)

    Source: European Parliament

    For the Commission to impose measures, the investigation assesses if there is dumping which is causing material injury to the EU industry and if imposing measures would be against the EU’s interest.

    As part of the assessment of the EU interest, the Commission considers carefully the interests of all interested parties which includes the users of the product under investigation.

    The objective is to restore a level playing field, not to exclude legitimate competition from the market or to favour individual companies. Investigations are evidence-based and conducted in line with the relevant legislation, ensuring that the instrument is not used to distort competition or facilitate market monopolisation by any individual company.

    In the EU interest assessment, the interests of the stakeholders concerned, including users, importers, and consumers are considered. In this context, representations from companies importing and using fused alumina, such as the abrasives industry, are taken into consideration to decide if any anti-dumping measures are warranted.

    However, the scope of the Commission’s current anti-dumping investigation remains limited to imports of fused alumina originating in China. Imports of downstream products, including abrasives materials, do not fall within that scope.

    An investigation into downstream products from China would require the submission of a substantiated complaint in accordance with Article 5 of Regulation (EU) 2016/1036[1].

    The relocation of companies within the EU does not fall within the scope of the investigation. The EU interest test concerns the overall economic impact of the measures on the EU as a whole, rather than on individual Member States.

    • [1] https://eur-lex.europa.eu/eli/reg/2016/1036/oj/eng.

    MIL OSI Europe News –

    July 9, 2025
  • MIL-OSI Africa: Trade Minister welcomes developments in Vodacom-Maziv merger

    Source: Government of South Africa

    Trade, Industry and Competition Minister Parks Tau has welcomed the agreement reached between the merging parties and the Competition Commission in the Vodacom-Maziv merger deal.

    “The substantial public interest commitments made by the merging parties will significantly improve access to affordable internet for underserved communities, thus enabling easier participation in economic activity, particularly for young people,” the Department of Trade, Industry and Competition (dtic) said on Wednesday.

    In October last year, the Minister noted the order issued by the Competition Tribunal prohibiting the proposed merger between Vodacom (Pty) Ltd and Maziv (Business Venture Investments No. 2213 (Pty) Ltd).

    The order followed the Competition Commission’s initial recommendation to prohibit the merger, citing significant concerns that it could substantially reduce competition in critical markets, particularly within the 5G Fixed Wireless Access (FWA) and fibre infrastructure sectors.

    READ | Minister notes Competition Tribunal’s decision on Vodacom, Maziv merger

    In a statement on Tuesday, the Competition Commission said it had reached an agreement with the parties on revised conditions that substantially remedy the competition concerns raised by the Commission in its recommendation to the Tribunal that the Vodacom/Maziv merger be prohibited.

    This agreement follows constructive engagements between the Commission and the merger parties to remedy the deficiencies in the previous conditions identified by the Tribunal in its prohibition of the merger.

    There were three primary competition concerns that were not adequately addressed by the proposed conditions at the time of concluding the Tribunal hearings.

    The first of these was the horizontal reduction in competition between Fixed Wireless Access (FWA) and Fibre to the Home (FTTH).

    According to the Commission, the revised conditions address these shortcomings by improving the capex commitment by Maziv and extending it to a five-year period post-merger to ensure that Maziv remains incentivised to service third party network operators.

    The second issue was the horizontal overlap in FTTH infrastructure and potential price increases post-merger.

    “The previous conditions were inadequate insofar as they included a ‘weak’ divestiture condition that did not adequately incentivise the merging parties to divest the overlapping infrastructure. The revised conditions put in place a standard divestiture arrangement whereby the failure to sell the assets within a particular period result in a trustee divestiture process to ensure the assets are divested and pre-merger competition is restored,” said the Commission.

    It further added that the condition follows the standard formulation used in other merger transactions and requires that a transparent and competitive process be followed to identify a proposed purchaser.
    The third issue was over vertical foreclosure concerns with the commission stating that although there were fairly comprehensive conditions in place to address foreclosure, there were notable challenges with monitoring and enforcing the conditions with the resulting concern that action would not be sufficiently timely to prevent foreclosure from occurring and harming competition.

    “The revised conditions introduce some structural changes to Maziv’s governance structure that limit the merged entity’s incentives to foreclose competitors. The conditions now also incorporate an enhanced fast-track interim relief process that will address potential foreclosure concerns while the lengthier formal process to investigate any alleged foreclosure is underway. This ensures that any attempt to get a first-mover advantage that will have an enduring effect in the market can be prevented through fast-track interim relief,” it said.

    Public interest

    The Commission added that there are significant improvements to the public interest commitments which increase the substantiality of these commitments.

    These include additional capex spend to roll-out new (Fibre-to-theBusiness (FTTB), FTTH and Fibre-to-the-Site (FTTS) infrastructure, free access to 1Gigabit per second fibre lines for public libraries and clinics passed by FTTH infrastructure, an increase in the number of police stations that Vodacom will provide with FWA products, an additional commitment to enterprise development and an increase in the employee share ownership plan previously agreed.

    “Access to reliable, high-speed internet is the cornerstone of a dynamic economy and a democratic society. The Commission is confident that the revised conditions agreed with the merger parties will ensure that South Africa will benefit from the continued competitive prices and product choices in this critical sector,” Commissioner Doris Tshepe said.

    This as Minister Tau further welcomed the investment committed by parties.

    “This commitment will ensure that South Africa participates meaningfully in the global economy through new sectors like Generative Artificial Intelligence, the Internet of Things and other ICT related sectors which will propel the world into the future.

    “The matter will proceed, unopposed, at the Competition Appeal Court where the agreement will be placed before the Court for its final consideration. The Minister thanks all parties involved for their constructive engagement throughout this process,” said the dtic.

    The Commission as one of the the three independent statutory bodies established in terms of the Competition Act to regulate competition between firms in the market, it is the investigating and prosecuting agency in the competition regime while the Tribunal is the court. – SAnews.gov.za

    MIL OSI Africa –

    July 9, 2025
  • MIL-OSI United Kingdom: Two non-executive directors appointed

    Source: United Kingdom – Executive Government & Departments 2

    News story

    Two non-executive directors appointed

    The Department for Energy Security and Net Zero announces 2 new Non-Executive Board members.

    A new Lead Non-Executive Board Member, Ravi Gurumurthy, and a Non-Executive Board Member, Sue Ferns, have been appointed at the Department for Energy Security and Net Zero (DESNZ). 

    The new board members will provide independent advice, support and challenge on the department’s work, as it drives forward its mission for clean power. They bring a range of experience across the public and private sectors, alongside a wealth of knowledge on ensuring a prosperous net zero bringing new investment and thousands of jobs. 

    Ravi Gurumurthy is the Chief Executive of Nesta, the UK’s innovation foundation, which designs, tests and scale solutions to society’s biggest challenges from sustainability to health. Ravi has had an extensive career in innovation and government, including leading on the world’s first legally binding climate legislation. 

    Sue Ferns is Senior Deputy General Secretary at Prospect, responsible for the union’s work across the energy, science, climate and environment sectors. Sue is also a member of the Trade Union Congress (TUC) Executive Committee, where she leads the General Council on energy, environment and sustainability. She also represents the TUC on the Net Zero Council, a partnership between government, business and civil society which supports delivery of the clean energy superpower mission. 

    Energy Secretary Ed Miliband said: 

    Ravi and Sue are two of the foremost figures in the clean energy sector and their extensive knowledge and experience will be an invaluable asset to the department as we deliver our mission as part of the Plan for Change, bringing energy security, lower bills and good jobs for the nation.

    Ravi Gurumurthy said: 

    I’m delighted to join DESNZ at a critical time for the delivery of its mission.  We are seeing huge innovation in our energy system, with new technologies and business models emerging. In the coming weeks, I look forward to working with colleagues across the department to reduce bills, improve energy security, and support economic growth as we make the transition to net zero.

    Sue Ferns said: 

    Clean power will bring thousands of good, long-term jobs, for a diverse and skilled workforce, so I am pleased to be able to join DESNZ at this crucial time to support the delivery of its mission.

    Ravi and Sue have been appointed for 3 years, from 1 May 2025. They join existing Non-Executive Board Member Vikas Shah.

    Biographies:

    • Ravi Gurumurthy
    • Sue Ferns

    Share this page

    The following links open in a new tab

    • Share on Facebook (opens in new tab)
    • Share on Twitter (opens in new tab)

    Updates to this page

    Published 9 July 2025

    MIL OSI United Kingdom –

    July 9, 2025
  • MIL-OSI Asia-Pac: LCQ7: Labour importation in the lift and escalator industry

    Source: Hong Kong Government special administrative region

         Following is a question by the Hon Dennis Leung and a written reply by the Secretary for Development, Ms Bernadette Linn, in the Legislative Council today (July 9):
          
    Question:
          
    The Government has been implementing the Labour Importation Scheme for the Construction Sector (Scheme) since 2023. Among the lift and escalator-related trades for applying importation under the Scheme, there are three trades of skilled workers (i.e. lift and escalator mechanic (master), lift mechanic and escalator mechanic) and one trade of technicians (i.e. lift/escalator technician). On the other hand, a union of lift and escalator employees has recently indicated that it hopes the Scheme can effectively ensure “priority employment for local lift and escalator workers”. In this connection, will the Government inform this Council:

    (1) from 2023 to March of this year, of the number of (i) lift and escalator mechanics (master), (ii) lift mechanics, (iii) escalator mechanics, and (iv) lift/escalator technicians imported annually under the Scheme (set out in the table below);
     (2) given that the Scheme requires imported lift and escalator mechanics (master), lift mechanics, escalator mechanics, and lift/escalator technicians to have a minimum of three years of relevant work experience, of the documentary proof required by the Government to verify the length of experience of such skilled workers/technicians; whether there are cases where such skilled workers/technicians fail to provide documentary proof of their length of experience; if so, of the criteria adopted by the Government to verify the length of experience of such skilled workers/technicians; and

    (3) as it is learnt that the current qualification requirements for lift/escalator technicians in Hong Kong include holding a valid registration as a lift/escalator worker under the Lifts and Escalators Ordinance (Cap. 618), whether the Government has, regarding the verification of the qualifications of such technicians under the Scheme, established a system for mutual recognition of professional qualifications with other regions and countries; of the current procedure for the Government to verify the professional qualifications of each imported lift/escalator technician (including the documents required to be submitted by them)?(ii) Local recruitment must be conducted through designated means, and the salary for the positions must not be lower than the prevailing median monthly wage of local labour engaged in similar positions as announced by the Development Bureau;
    (iii) All imported labour must meet the same qualification requirements as those for the local labour engaged in similar work, including the required relevant working experience, number of working days and working hours, and the relevant working experience must be supported by documentary proof required by the relevant authorities; and
    (iv) Manning ratio: The works project approved with quotas for imported labour must comply with a minimum ratio of 1:2, i.e., one imported labour to at least two full-time local labour.

    In response to this question, after consulting the Immigration Department (ImmD) and the Electrical and Mechanical Services Department (EMSD), the reply is as follows:
    Also, no application for importing lift/escalator technicians (one of the positions of technicians) has been received under the Scheme so far. 
    Upon the approval of quota, the employer shall arrange for prospective labour to be imported to each submit a visa/entry permit application to the ImmD within the period specified in the Notice of Quota Application Result. When submitting the visa/entry permit application, the applicant is responsible for providing sufficient information for the ImmD’s consideration. The required documents include proof of relevant working experience, such as reference letter from the employer on company letterhead paper, signed by an authorised person, and endorsed with a company stamp. The ImmD has been having rigorous assessments of applications for visas/entry permits. Same as the practice for processing visa/entry permit applications of imported labour, if necessary, the ImmD would consult relevant policy bureaux/departments on the proof of relevant working experience and would follow up as required by the policy bureaux/departments.
    Both imported and local technical professionals responsible for the installation, maintenance and examination of lifts and escalators under the Lifts and Escalators Ordinance shall be registered according to the Lifts and Escalators Ordinance before they can perform the duty of relevant technical professionals. Currently, these non-local technical professionals could only apply to work in Hong Kong via the newly established Technical Professional List under the General Employment Policy and the Admission Scheme for Mainland Talents and Professionals. Same as local technical professionals, imported technical professionals need to meet the specified requirements for successful registration after arriving in Hong Kong, including (i) at least eight years of experience as a lift/escalator worker covering installation, maintenance and examination works as specified by the EMSD, or possessing qualification of a certificate course recognised by the EMSD and at least four years of experience as a lift/escalator worker covering installation, maintenance and examination works as specified by the EMSD; (ii) holding a certificate of qualification recognised by his/her place of origin for working as a lift/escalator worker; and (iii) having passed the relevant test recognised by the EMSD. Owing to the higher technical level required for these technical professional works, relevant working experience obtained before entry to Hong Kong must be supported, on top of the aforementioned documentary proof (such as reference letter from the employer), by third-party (e.g. notary public) certificates of verification.

    According to the relevant legislation, the registration requirements of the technical professionals mentioned above mainly include relevant working experience and passing the aforementioned test held in Hong Kong, so the verification of fulfilling the requirement is mainly through documentary evidence and test without the need for additional recognition of professional qualifications.

    MIL OSI Asia Pacific News –

    July 9, 2025
  • MIL-OSI China: SCIO briefing on China’s economic performance in May 2025

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

    中文

    Speaker:

    Mr. Fu Linghui, spokesperson of the National Bureau of Statistics (NBS) and director general of the Department of Comprehensive Statistics of the NBS

    Chairperson:

    Zhou Jianshe, deputy director general of the Press Bureau of the State Council Information Office (SCIO) and spokesperson of the SCIO

    Date:

    June 16, 2025


    Zhou Jianshe:

    Ladies and gentlemen, good morning. Welcome to this press conference held by the State Council Information Office (SCIO). This is a regular briefing on China’s economic data. Today, we are joined by Mr. Fu Linghui, spokesperson of the National Bureau of Statistics (NBS) and director general of the Department of Comprehensive Statistics of the NBS. Mr. Fu will brief you on China’s economic performance in May 2025 and then take your questions.

    Now, I’ll give the floor to Mr. Fu.

    Fu Linghui:

    Ladies and gentlemen, good morning. I am very pleased to attend today’s press conference. I will start by briefing you on the main economic indicators for this May and then take your questions.

    In May, China’s economy remained stable while making further progress.

    In May, under the strong leadership of the Party Central Committee with Comrade Xi Jinping at its core, all regions and departments conscientiously implemented the decisions and deployments of the Party Central Committee and the State Council. Adhering to the general principle of seeking progress while maintaining stability, we fully and accurately implemented the new development philosophy on all fronts, accelerated the construction of the new development pattern, solidly promoted high-quality growth, and accelerated the implementation of more proactive and effective macro policies. The national economy withstood the pressure and operated steadily, with production demand growing steadily, employment remaining stable, new drivers of growth becoming stronger, and high-quality development moving toward excellence and innovation.

    First, industrial production registered stable growth and equipment manufacturing and high-tech manufacturing grew quickly.

    In May, the total value added of industrial enterprises above designated size grew by 5.8% year on year, or 0.61% month on month. In terms of sectors, the value added of mining went up by 5.7% year on year, manufacturing up by 6.2%, and the production and supply of electricity, thermal power, gas and water up by 2.2%. The value added of equipment manufacturing increased by 9.0% year on year, and that of high-tech manufacturing increased by 8.6%, which were 3.2 percentage points and 2.8 percentage points faster than that of the total value added by industrial enterprises above designated size. In terms of ownership, the value added of state holding enterprises increased by 3.8% year on year; that of share-holding enterprises increased by 6.3%; that of enterprises funded by foreign investors or investors from Hong Kong, Macao and Taiwan increased by 3.9%; and that of private enterprises increased by 5.9%. In terms of products, the outputs of 3D printing devices, industrial robots and new energy vehicles (NEVs) grew by 40.0%, 35.5% and 31.7% year on year, respectively. In the first five months, the total value added of industrial enterprises above designated size went up by 6.3% year on year. In May, the manufacturing purchasing managers’ index (PMI) stood at 49.5%, an increase of 0.5 percentage point from the previous month. The production and operation expectation index was 52.5%, up by 0.4 percentage point. In the first four months, the total profits made by industrial enterprises above designated size were 2.117 trillion yuan, up by 1.4% year on year.

    Second, the service sector grew quickly, with the modern services sector gaining momentum.

    In May, the index of services production (ISP) increased by 6.2% year on year, 0.2 percentage point faster than that of the previous month. In terms of sectors, that of information transmission, software and information technology services, and leasing and business services, wholesales and retails grew by 11.2%, 8.9% and 8.4% year on year, respectively, which were 5.0 percentage points, 2.7 percentage points and 2.2 percentage points faster than that of the ISP. In the first five months, the ISP increased by 5.9% year on year. In the first four months, the business revenue of service enterprises above designated size went up by 7.2% year on year. In May, the business activity index for the service sector was 50.2%, up 0.1 percentage point from the previous month; and the business activity expectation index was 56.5%, rising by 0.1 percentage point. Specifically, the business activity index for sectors like railway transportation, air transportation, postal service, telecommunication, broadcast, television and satellite transmission services, internet software and information technology services, stayed within the high expansion range of 55.0% and above.

    Third, market sales recovered and sales of products under the trade-in program grew rapidly.

    In May, the total retail sales of consumer goods was 4.1326 trillion yuan, up by 6.4% year on year, 1.3 percentage points faster than that of April; or up by 0.93% month on month. Analyzed by different areas, the retail sales of consumer goods in urban areas reached 3.6057 trillion yuan, up by 6.5% year on year; and that in rural areas reached 526.9 billion yuan, up by 5.4%. Grouped by consumption patterns, the retail sales of goods were 3.6748 trillion yuan, up by 6.5%; and the income of catering was 457.8 billion yuan, up by 5.9%. Sales of basic living goods and some upgraded products showed good growth. Retail sales in units above designated size of grain, oil and food products, jewelry, and sports and entertainment goods grew by 14.6%, 21.8% and 28.3%, respectively. The effect of trade-in of consumer goods continued to show results, with the retail sales of household appliances and audiovisual equipment, communication equipment, cultural and office supplies, and furniture by enterprises above designated size growing by 53.0%, 33.0%, 30.5% and 25.6%, respectively. In the first five months, the total retail sales of consumer goods reached 20.3171 trillion yuan, up by 5.0% year on year. Online retail sales reached 6.0402 trillion yuan, up 8.5% year on year. Specifically, the online retail sales of physical goods were 4.9878 trillion yuan, up 6.3%, accounting for 24.5% of the total. In the first five months, the retail sales of services grew by 5.2% year on year.

    Fourth, fixed-asset investment continued to expand, with manufacturing investment growing fast.

    In the first five months, fixed-asset investment (excluding rural households) reached 19,194.7 billion yuan, up 3.7% year on year. Excluding real estate development investment, fixed-asset investment grew 7.7%. By sector, investment in infrastructure grew 5.6% year on year, manufacturing investment rose 8.5%, and real estate development investment fell 10.7%. Nationwide, sales of newly built commercial buildings totaled 353.15 million square meters, down 2.9% year on year. Sales of newly built commercial buildings were 3,409.1 billion yuan, a decrease of 3.8%. By sector, primary industry investment grew 8.4% year on year, secondary industry investment rose 11.4%, and tertiary industry investment fell 0.4%. Private investment was flat from a year earlier. Excluding investment in real estate development, private investment increased 5.8%. Within high-tech industries, investment in information services rose 41.4% year on year; investment in aerospace vehicle and equipment manufacturing grew 24.2%; investment in computer and office device manufacturing increased 21.7%; and investment in professional technical services climbed 11.9%. In May, fixed-asset investment (excluding rural households) increased 0.05% month on month.

    Fifth, goods imports and exports continued to grow, and the trade structure kept improving.

    In May, total goods imports and exports reached 3,809.8 billion yuan, up 2.7% year on year. Of this total, exports hit 2,226.7 billion yuan, up 6.3%, while imports were 1,533.1 billion yuan, down 2.1%. In the first five months, total goods imports and exports reached 17,944.9 billion yuan, up 2.5% year on year. Of this total, exports reached 10,668.2 billion yuan, up 7.2%, while imports were 7,276.7 billion yuan, down 3.8%. In the first five months, general trade imports and exports grew 0.8%, accounting for 64.2% of the total trade value. Imports and exports by private enterprises grew by 7% year on year, accounting for 57.1% of the total trade value, up 2.4 percentage points from the same period last year. Exports of mechanical and electrical products grew 9.3% year on year, accounting for 60% of the total export value.

    Sixth, employment remained generally stable and the surveyed urban unemployment rate declined.

    In the first five months, the average surveyed urban unemployment rate was 5.2%. In May, the surveyed urban unemployment rate was 5%, down 0.1 percentage point from the previous month. The surveyed unemployment rate for people with local household registration was 5%, and the rate for those with non-local household registration was also 5%. The rate for people with non-local agricultural household registration was 4.9%. The surveyed urban unemployment rate in 31 major cities was 5%, down 0.1 percentage point from April. The average weekly working hours for employees at enterprises nationwide was 48.5 hours.

    Seventh, consumer prices remained low, while the core consumer price index (CPI) rebounded modestly.

    In May, the CPI fell 0.1% year on year and 0.2% month on month. By category, prices for food, tobacco and alcohol rose 0.1% year on year; clothing prices increased 1.5%; housing prices were up 0.1%; prices for household goods and services rose 0.1%; transportation and communication prices fell 4.3%; education, culture and entertainment prices increased 0.9%; health care prices rose 0.3%; and prices for other goods and services jumped 7.3%. In terms of food, tobacco and alcohol prices, fresh vegetable prices fell 8.3%, grain prices dropped 1.4%, pork prices rose 3.1%, and fresh fruit prices increased 5.5%. The core CPI, which excludes food and energy prices, went up 0.6% year on year, 0.1 percentage point higher than that of the previous month. In the first five months, the CPI dipped 0.1% year on year.

    In May, the national producer price index (PPI) fell 3.3% year on year and 0.4% from the previous month. Purchasing prices for industrial producers dropped 3.6% year on year and 0.6% from the previous month. In the first five months, both the national PPI and the purchasing price index for industrial products fell 2.6% from a year earlier.

    Overall, in May, as the effects of a combined policy package continued to materialize, efforts to stabilize the economy and promote growth showed clear results. The national economy maintained a generally stable trajectory with steady progress, fully demonstrating its resilience and vitality. It should also be noted that there are many external uncertainties and destabilizing factors, domestic demand’s internal growth momentum still needs to be strengthened, and the foundation for sustained economic recovery and improvement needs to be further consolidated. Moving ahead, we must adhere to the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, resolutely implement the decisions and deployments of the CPC Central Committee and the State Council, and adhere to the general principle of pursuing progress while ensuring stability. We must fully and accurately implement the new development philosophy, accelerate the construction of a new development paradigm, coordinate domestic economic work with international economic and trade efforts, and unswervingly handle our own affairs well. We will give greater priority to the expansion of domestic demand and the strengthening of the domestic economic cycle, concentrate on stabilizing employment and the economy, and promote high-quality development to advance sustained and healthy economic development. Thank you.

    Zhou Jianshe:

    Thank you, Mr. Fu. The floor is now open for questions. Please identify your media outlet before asking your question.

    MIL OSI China News –

    July 9, 2025
  • MIL-OSI: Axi launches institutional liquidity provider AxiPrime, announces strategic partnership with Your Bourse

    Source: GlobeNewswire (MIL-OSI)

    SYDNEY, July 09, 2025 (GLOBE NEWSWIRE) — Axi, a leading force in global financial services, announced the launch of AxiPrime, its institutional and next-generation B2B liquidity provider (LP) to meet the evolving needs of professional trading firms. With a focus on multi-asset liquidity and cutting-edge technology and execution infrastructure, AxiPrime offers access to a broad range of markets including forex, metals, equities, cryptocurrencies, and commodities – all designed to empower the broker’s partners and elevate their profitability potential.

    Axi also announced a strategic partnership between AxiPrime and renowned tech provider Your Bourse to support their expansion. “Our collaboration with Your Bourse reflects our shared commitment to enhancing client experience with powerful tools and technology,” says Louis Cooper, Chief Commercial Officer at Axi, before adding: “Built for scale, the infrastructure behind AxiPrime is designed for institutional-grade speed, processing up to 500,000 order events per second on a single CPU, delivering execution in just two microseconds. This ensures that we consistently meet the performance demands of high-frequency trading, algorithmic strategies, and institutional desks.”

    Institutional clients benefit, among others, from unified price feeds, a single API connection, and optional FIX/REST endpoints, creating a seamless gateway for multi-asset execution. Furthermore, AxiPrime offers a comprehensive product suite, transparent costs, top-tier execution and premier technical support. “Axi’s mission has always been to give our traders and partners a competitive edge – AxiPrime and our partnership with Your Bourse is a natural evolution of that goal,” says Louis. “And there’s more innovation on the way.”

    Further information can be found at https://yourbourse.cloud/free-account.

    About Axi

    Axi is a global online FX and CFD trading company, with thousands of customers in 100+ countries worldwide. Axi offers CFDs for several asset classes including Forex, Shares, Gold, Oil, Coffee, and more.

    For more information or additional comments from Axi, please contact: mediaenquiries@axi.com

    The Axi program is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available to AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. *Standard trading fees apply.  

    **Granted to the Axi Group of Companies.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d57b26a0-a2f9-472d-a0e6-102b08758a88

    The MIL Network –

    July 9, 2025
  • MIL-OSI Africa: Algeria deepens trade ties with other African countries as it gears up for Africa’s biggest marketplace

    Source: APO

    Algeria is working towards increasing its share of trade with other African countries by tapping into opportunities created by the African Continental Free Trade Area (AfCFTA).

    In a keynote address during the Algeria Intra-African Trade Fair (IATF) 2025 Business Roadshow, Algeria’s Minister of Foreign Trade and Export Promotion, H.E. Prof. Kamal Rezig stated that this includes enhancing continental connectivity through infrastructure projects such as the Trans-Sahara Highway and the Zouerate Road project linking the Tindouf border with Mauritania and the Nigeria-Algeria gas pipeline and fibre optic cable.

    “In order to improve the business climate in Algeria, the State has endeavoured to ensure a stable, transparent, stimulating and attractive economic and institutional environment for investment. This is in addition to ensuring stability of legislation that regulates local and foreign investment, and simplifying administrative procedures, development and strengthening of the banking system, the capital market and the insurance sector, as well as development of human resources capabilities and skills, with the aim of adapting its economy to global transformations,” H.E. Rezig said, adding that besides developing key sectors, the country is also promoting exports in the continent within the framework of AfCFTA.

    In 2024, Algeria’s share of total intra-African trade stood at 2.2%, marginally growing from 1.9% in 2022, according to African Trade Report 2025 (http://apo-opa.co/44BzJhH). Mineral fuels and oils make up 91.5% of its exports. The country’s top-five African export partners in 2023 based on volumes are Tunisia (70.7%), South Africa (6.7%), Cote d’Ivoire (3.6%), Nigeria (3.1%) and Senegal (2.7%) states the Country at a Glance: Algeria 2024 report (http://apo-opa.co/4m4chRF) while its top-five import partners  are Mauritania (38.8%), Tunisia (32.7%), Cote d’Ivoire (9%), Morocco (6%) and Uganda (2.2%).

    The Algeria IATF2025 Business Roadshow focused on promoting intra-African trade, bringing together government officials, the trade community, including businesses, investors, and executives from African Export-Import Bank (Afreximbank). Hosted by Afreximbank, in collaboration with the Government of the People’s Democratic Republic of Algeria, the roadshow was one of the five roadshows hosted in key cities including Accra, Nairobi, Johannesburg, and Lagos in the run up to the fourth edition of IATF, Africa’s premier trade and investment event that is held biennially, scheduled to take place in Algiers, Algeria, from 4 – 10 September 2025 hosted by the Government of the People’s Democratic Republic of Algeria. IATF provides a platform for businesses to showcase goods and exchange trade and investment information within the continent’s single market.

    The Chairman of IATF2025 Advisory Council and former President of the Federal Republic of Nigeria, H.E. Chief Olusegun Obasanjo said that intra-African trade presents a huge opportunity for African economies to enhance their resilience in today’s rapidly changing world.

    “Through the IATF, the largest, go-to trade and investment fair on the continent, Africa needs to join hands and build on the gains that have been achieved so far in promoting trade with itself under the AfCFTA framework. AfCFTA provides an opportunity for the continent to achieve economic emancipation and self-reliance and build the Africa We Want. This will help unlock the continent’s vast potential while accelerating industrialisation and job creation,” H.E. Obasanjo added.

    The past three editions of IATF have attracted over 70,000 participants and 4,500 exhibitors, and hosted buyers and sellers from over 130 countries, generating more than $100 billion in trade and investment deals. This provides a glimpse of the immense potential that exists for intra-African trade and investment.

    Afreximbank’s Executive Vice-President, Intra-African Trade & Export Development, Mrs Kanayo Awani noted that whereas conventional wisdom attributes Africa’s low intra-continental trade to infrastructure deficits, a more fundamental barrier is the lack of access to trade and market information.

    “Afreximbank launched the IATF —not merely as an exhibition but as a marketplace for the AfCFTA and a platform to close the trade information gap. Since its inception in 2018, IATF has held three resoundingly successful fairs. In these fairs, Algeria showed up strongly and directly benefited from facilitated trade and investment deals worth over $2 billion. Now, Algeria has the opportunity to host the fourth edition. As Africa’s largest country by land and the fourth-largest economy by GDP, Algeria has both the duty and the opportunity to lead. Algeria’s competitive advantages—energy, agriculture, pharmaceuticals, financial services, light manufacturing, ICT, and automotive assembly—are all primed for scale and export across the continent,” Mrs Awani said. She challenged businesses and government agencies in Algeria and the North African region to take centre stage at IATF2025, where over 2,000 exhibitors from Africa and beyond will showcase their products to more than 35,000 visitors and buyers from over 140 countries, resulting in trade and investment deals in excess of US$44 billion.

    IATF2025 will feature a trade exhibition by countries and businesses; and the Creative Africa Nexus (CANEX) programme spotlighting cultural industries with a dedicated exhibition and summit on fashion, music, film, arts and craft, sports, literature, gastronomy and culinary arts. It will also include a four-day Trade and Investment Forum featuring leading African and international speakers; and the Africa Automotive Show for auto manufacturers, assemblers, original equipment manufacturers and component suppliers. Special Days will highlight countries, public and private sector entities, tourism, cultural attractions, and Global Africa Day celebrating ties with the African diaspora. Additional activities include business-to-business and business-to-government matchmaking, the AU Youth Start-Up programme, the Africa Research and Innovation Hub, and the African Sub-Sovereign Governments Network (AfSNET) to promote local trade and cultural exchanges. The IATF Virtual platform is also live, connecting exhibitors and visitors year-round.

    Planning for IATF2025 is in top gear with significant progress made in ensuring a seamless logistical experience and delivering a successful event.

    The theme of Algeria IATF2025 Business Roadshow was ‘Harnessing Regional and Continental Value Chains: Accelerating Africa’s Industrialisation and Global Competitiveness under the AfCFTA’. It was also attended by H.E Ms. Baleka Mbete, the founder of NaLHISA and former Deputy President of the Republic of South Africa; H.E Zitouny El-Tayeb, Minister of Internal Trade; H.E. Selma Mansouri, the Secretary of State to the Minister of Foreign Affairs, in charge of African Affairs; H.E. Moses Vilakati, AU Commissioner for Agriculture, Rural Development, Blue Economy and Sustainable Environment and Acting Commissioner for Economic Development, Trade, Tourism, Industry and Minerals; and Mr. Jean Louis-EKRA, former President of Afreximbank and Deputy Chair of the Intra-African Trade Fair Advisory Council.

    To participate in IATF2025 please visit www.IntrAfricanTradeFair.com. 

    Distributed by APO Group on behalf of Afreximbank.

    Media contact: 
    media@intrafricatradefair.com 
    press@afreximbank.com

    About the Intra-African Trade Fair:
    Organised by the African Export-Import Bank (Afreximbank), in collaboration with the African Union Commission (AUC) and the African Continental Free Trade Area (AfCFTA) Secretariat, the Intra-African Trade Fair (IATF) is intended to provide a unique platform for facilitating trade and investment information exchange in support of increased intra-African trade and investment, especially in the context of implementing the African Continental Free Trade Agreement (AfCFTA). IATF brings together continental and global players to showcase and exhibit their goods and services and to explore business and investment opportunities in the continent. It also provides a platform to share trade, investment and market information with stakeholders and allows participants to discuss and identify solutions to the challenges confronting intra-African trade and investment. In addition to African participants, the Trade Fair is also open to businesses and investors from non-African countries interested in doing business in Africa and in supporting the continent’s transformation through industrialisation and export development. 

    Media files

    .

    MIL OSI Africa –

    July 9, 2025
  • MIL-OSI China: SCIO briefing on China’s economic performance in April 2025

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

    中文

    Speakers:

    Mr. Fu Linghui, spokesperson of the National Bureau of Statistics (NBS) and director general of the Department of Comprehensive Statistics of the NBS

    Chairperson:

    Zhou Jianshe, deputy director general of the Press Bureau of the State Council Information Office (SCIO) and spokesperson of the SCIO

    Date:

    May 19, 2025


    Zhou Jianshe:

    Ladies and gentlemen, good morning. Welcome to this press conference held by the State Council Information Office (SCIO). This is a regular briefing on China’s economic data. Today, we are joined by Mr. Fu Linghui, spokesperson of the National Bureau of Statistics (NBS) and director general of the Department of Comprehensive Statistics of the NBS. Mr. Fu will brief you on China’s economic performance in April 2025 and then take your questions.

    First, I will give the floor to Mr. Fu for his introduction.

    Fu Linghui:

    Good morning, everyone. As usual, I will start by briefing you on the main economic indicators for this April and then take your questions.

    In April, the national economy withstood pressure and maintained stable growth.

    In April, in the face of a complicated situation marked by increasing external shocks and multiple domestic difficulties and challenges, under the strong leadership of the Communist Party of China (CPC) Central Committee with Comrade Xi Jinping at its core, all regions and departments strictly implemented the decisions and arrangements made by the CPC Central Committee and the State Council, adhered to the general principle of pursuing progress while ensuring stability, fully and faithfully applied the new development philosophy on all fronts, accelerated efforts to create a new pattern of development, took solid steps to promote high-quality development, stepped up the implementation of more proactive and effective macro policies, and responded to the external shocks effectively. As a result, production and demand grew steadily, employment was generally stable, and new growth drivers accumulated and grew. The national economy maintained stable growth despite pressure, sustaining the new and positive development momentum.

    Fu Linghui:

    First, industrial production grew quickly, with equipment manufacturing and high-tech manufacturing showing good growth momentum.

    In April, the total value added of industrial enterprises above designated size grew by 6.1% year on year, or 0.22% month on month. In terms of sectors, the value added of mining went up by 5.7% year on year, manufacturing up by 6.6%, and the production and supply of electricity, thermal power, gas and water up by 2.1%. The value added of equipment manufacturing increased by 9.8% year on year, and that of high-tech manufacturing increased by 10.0%, which were 3.7 percentage points and 3.9 percentage points faster than that of industrial enterprises above designated size, respectively. In terms of ownership, the value added of state holding enterprises was up by 2.9% year on year; that of share-holding enterprises was up by 6.6%; that of enterprises funded by foreign investors or investors from Hong Kong, Macao and Taiwan was up by 3.9%; and that of private enterprises was up by 6.7%. In terms of products, the outputs of 3D printing devices, industrial robots and new energy vehicles (NEVs) grew by 60.7%, 51.5% and 38.9% year on year, respectively. In the first four months, the total value added of industrial enterprises above designated size went up by 6.4% year on year. In April, the Manufacturing Purchasing Managers’ Index was 49.0%; and the Production and Operation Expectation Index was 52.1%. In the first three months, the total profits made by industrial enterprises above designated size were 1,509.4 billion yuan, up by 0.8% year on year.

    Second, the service sector grew steadily and modern services developed well.

    In April, the Index of Services Production grew by 6.0% year on year. In terms of sectors, that of information transmission, software and information technology services, leasing and business services, wholesales and retails, and finance grew by 10.4%, 8.9%, 6.8% and 6.1% year on year, respectively, which were 4.4 percentage points, 2.9 percentage points, 0.8 percentage point and 0.1 percentage point faster than that of the Index of Services Production. In the first four months, the Index of Services Production increased by 5.9% year on year. In the first three months, the business revenue of service enterprises above designated size went up by 7.0% year on year. In April, the Business Activity Index for Services was 50.1%, and the Business Activity Expectation Index for Services was 56.4%. Specifically, the Business Activity Index for industries like air transportation, telecommunication, broadcast, television and satellite transmission services, internet software and information technology services, and insurance stayed within the high expansion range of 55.0% and above.

    Third, market sales maintained steady growth and trade-in goods grew quickly.

    In April, the total retail sales of consumer goods reached 3,717.4 billion yuan, up by 5.1% year on year, or up by 0.24% month on month. Analyzed by different areas, the retail sales of consumer goods in urban areas reached 3,237.6 billion yuan, up by 5.2% year on year; and that in rural areas reached 479.8 billion yuan, up by 4.7%. Grouped by consumption patterns, the retail sales of goods were 3,300.7 billion yuan, up by 5.1%; and the income of catering was 416.7 billion yuan, up by 5.2%. Sales of basic living goods and certain upgraded goods showed sound growth. The retail sales of grain, oil and food and of sports and recreational articles by enterprises above designated size went up by 14.0% and 23.3%, respectively. The effect of trade-in of consumer goods continued to manifest, with the retail sales of household appliances and audiovisual equipment, cultural and office supplies, furniture, and communication equipment by enterprises above designated size growing by 38.8%, 33.5%, 26.9% and 19.9%, respectively. In the first four months, the total retail sales of consumer goods reached 16,184.5 billion yuan, up by 4.7% year on year. Online retail sales reached 4,741.9 billion yuan, up by 7.7% year on year. Specifically, the online retail sales of physical goods were 3,926.5 billion yuan, up by 5.8%, accounting for 24.3% of the total retail sales of consumer goods. In the first four months, the retail sales of services grew by 5.1% year on year.

    Fourth, investment in fixed assets continued to expand and investment in manufacturing grew quickly.

    In the first four months, investment in fixed assets (excluding rural households) reached 14,702.4 billion yuan, up by 4.0% year on year; and investment in fixed assets was up by 8.0% with the investment in real estate development deducted. Specifically, investment in infrastructure grew by 5.8% year on year, that in manufacturing grew by 8.8%, and that in real estate development declined by 10.3%. The floor space of newly-built commercial buildings sold was 282.62 million square meters, down by 2.8% year on year; and the total sales of newly-built commercial buildings were 2,703.5 billion yuan, down by 3.2%. By industry, investment in the primary industry increased by 13.2% year on year, that in the secondary industry up by 11.7%, and that in the tertiary industry down by 0.2%. Private investment increased by 0.2% year on year, or increased by 5.8% with the investment in real estate development deducted. In terms of high-tech industries, investment in information services, computer and office device manufacturing, aerospace vehicle and equipment manufacturing, and professional technical services grew by 40.6%, 28.9%, 23.9% and 17.6%, respectively. In April, investment in fixed assets (excluding rural households) increased by 0.10% month on month.

    Fifth, imports and exports of goods kept growing and the trade structure continued to be optimized.

    In April, the total value of imports and exports of goods was 3.84 trillion yuan, a year-on-year increase of 5.6%. Specifically, the total value of exports was 2.26 trillion yuan, up by 9.3%. The total value of imports was 1.57 trillion yuan, up by 0.8%. In the first four months, the total value of imports and exports of goods was 14.13 trillion yuan, a year-on-year increase of 2.4%. Specifically, the total value of exports was 8.39 trillion yuan, up by 7.5%. The total value of imports was 5.74 trillion yuan, down by 4.2%. In the first four months, the imports and exports of general trade went up by 0.6%, accounting for 64% of the total value of imports and exports. Imports and exports by private enterprises went up by 6.8%, accounting for 56.9% of the total value of imports and exports, which is 2.3 percentage points higher than that of the same period last year. The exports of mechanical and electrical products grew by 9.5%, accounting for 60.1% of the total value of exports.

    Sixth, employment was generally stable and the surveyed urban unemployment rate declined.

    From January to April, the average surveyed unemployment rate in urban areas remained flat year on year at 5.2%. In April, the national surveyed urban unemployment rate was 5.1%, 0.1 percentage point lower than that of the previous month. The surveyed unemployment rate of population with local household registration was 5.2% and that of population with non-local household registration was 4.8%, of which the rate of population with non-local agricultural household registration was 4.7%. The surveyed urban unemployment rate across 31 major cities was 5.1%, 0.1 percentage point lower than that of the previous month. Employees of enterprises nationwide worked an average of 48.3 hours per week.

    Seventh, the consumer price index (CPI) fell slightly year on year, and the core CPI growth rate was stable.

    In April, the CPI decreased by 0.1% year on year, and increased by 0.1% compared to the previous month. By category, prices for food, tobacco and alcohol went up by 0.3%; clothing up by 1.3%; housing up by 0.1%; household goods and services for daily use up by 0.2%; transportation and communication prices down by 3.9%; education, culture and recreation up by 0.7%; medical services and health care up by 0.2%; and other articles and services up by 6.6%. In terms of food, tobacco and alcohol, prices for fresh vegetables fell by 5%, grain fell by 1.4%, pork up by 5%, and fresh fruits up by 5.2%. The core CPI, excluding the prices of food and energy, grew by 0.5% year on year. In the first four months, the CPI went down by 0.1% year on year.

    In April, the national producer price index (PPI) for industrial products went down by 2.7% year on year and 0.4% month on month. The purchasing price index for industrial producers went down by 2.7% year on year and 0.6% month on month. In the first four months, the national producer price and purchasing price indexes for industrial products both dropped by 2.4% compared with the same period last year.

    Overall, in April, despite increased external pressures, the coordinated efforts of macro policies ensured steady and relatively rapid growth in major indicators, sustaining the upward and improving trend of the national economy. It should also be noted that external instabilities and uncertainties still remain significant, and the foundation for the continuous improvement of the national economy needs to be further consolidated. In the next stage, we must adhere to the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, resolutely implement the decisions and deployments of the CPC Central Committee and the State Council, and adhere to the general principle of seeking progress while maintaining stability. We must fully and accurately implement the new development philosophy, accelerate the construction of a new development paradigm, coordinate domestic economic work and international economic and trade efforts, unswervingly handle our own affairs well, unswervingly expand high-level opening up, focus on stabilizing employment, enterprises, markets and expectations, solidly promote high-quality development, and promote the continuous recovery and improvement of the economy. Thank you.

    Zhou Jianshe:

    The floor is now open for questions. Please identify your media outlet before raising your questions.

    MIL OSI China News –

    July 9, 2025
  • MIL-OSI China: China-Egypt practical cooperation yields fruitful outcomes

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

    Under the strategic guidance of leaders of the two countries, China-Egypt relations have, over the past years, made great strides, becoming a model of solidarity, cooperation and mutual benefit between China and Arab, African, and other developing countries.

    By aligning China’s Belt and Road Initiative (BRI) with Egypt’s Vision 2030, the two countries have drawn up a promising blueprint for practical cooperation and achieved remarkable outcomes across various sectors.

    STRATEGIC COOPERATION

    Chinese Ambassador to Egypt Liao Liqiang said that since the China-Egypt comprehensive strategic partnership was established in 2014, leaders of both countries have frequently met on bilateral and multilateral occasions, jointly steering Belt and Road cooperation and shaping a shared future in the new era.

    Frequent high-level exchanges have laid a solid foundation for deepening ties, anchored by both countries’ firm support for each other’s core interests, former Egyptian ambassador to China Magdy Amer told Xinhua, adding that under the BRI, bilateral trade has surged, and Chinese investment in Egypt has expanded rapidly.

    Waleed Gaballah, a member of the Egyptian Association for Political Economy, Statistics and Legislation, said that BRI projects, including the Central Business District in Egypt’s New Administrative Capital, and the China-Egypt TEDA Suez Economic and Trade Cooperation Zone within the Suez Canal Economic Zone (SCZone) located southeast of Cairo, have invigorated Egypt’s economy.

    On July 2, the foundation stone was laid for the Deli Glass production base in the TEDA zone. With a 70 million U.S. dollar investment, its first phase will include a high-grade glass furnace and advanced automated production lines.

    The site will produce high-quality household glassware and evolve into an industrial cluster integrating research and development, manufacturing, advanced processing, packaging, logistics, and export.

    SCZone chairman Waleid Gamal El-Dein said the project marks the latest outcome of deepening cooperation between the zone and global investors, especially Chinese ones, reflecting the growing bilateral relations, political trust and economic collaboration between Egypt and China.

    So far, 185 enterprises have settled in the TEDA zone, bringing total investment to around 3 billion U.S. dollars and generating over 5.3 billion U.S. dollars in sales, with key industries including building materials, petrochemicals, textiles and new energy, among others, according to Cao Hui, executive director of Egypt-TEDA SEZone Development Company.

    After touring Haier Egypt Ecological Park and the welding factory of Jetour Egypt in mid-June, former Egyptian Prime Minister Essam Sharaf described the projects as the fruits of a long-term partnership, strengthened by Belt and Road cooperation.

    “They reflect the initiative’s aim to promote shared development among participating countries,” he told Xinhua, emphasizing the importance of working with China to modernize Egypt’s industrial base.

    ACHIEVEMENTS ON MULTIPLE FRONTS

    In recent years, China and Egypt have jointly achieved several “firsts”: Chinese companies constructed Africa’s tallest skyscraper in Egypt, built Egypt’s first electrified light rail, and supported Egypt to become the continent’s leading fiberglass base. Chinese technology has also enabled Egypt to become the first African country with full satellite assembly and testing capabilities.

    In addition, Chinese firms helped drill over 680 desert water wells in Egypt over nine years, gradually turning barren land into farmland. Tech company Huawei has trained about 40,000 Egyptian youth through its ICT programs.

    Meanwhile, the flourishing cultural ties between the two countries have enhanced mutual understanding and added vitality to the partnership.

    Chinese has been formally integrated into Egypt’s national education system, with 30 universities offering Chinese courses and more than 20 secondary schools providing Chinese as an elective subject.

    Chinese cultural festivals and events held in Egypt, like “Happy Spring Festival,” “Tea for Harmony,” and “Chinese Film Week,” as well as various music performances, have attracted wide interest in Egypt and greatly promoted cultural interaction.

    Joint archaeological efforts have further deepened. In Luxor’s Karnak Temple complex, a Sino-Egyptian archaeological team revived the Montu Temple ruins, which had remained buried for over 3,000 years. Another collaborative initiative involves the digital documentation and study of thousands of anthropoid coffins discovered in the Saqqara necropolis, alongside efforts to restore the Ramses II statue at Karnak Temple.

    From museums and pyramids to southern temples and Red Sea resorts, Chinese tourists have been arriving in Egypt in growing numbers. To enhance their travel experience, Egypt has introduced Chinese-language signage in famous tourist sites, increased Chinese-speaking guides, and encouraged more hotels to offer Chinese cuisine.

    Last month, Air China announced a new direct flight between Beijing and Cairo, which is to be launched on Wednesday, operating three times weekly.

    “The new route will strengthen people-to-people exchanges and further deepen tourism cooperation between the two nations,” said Ahmed Youssef, chairman of the Egyptian Tourism Promotion Authority. 

    MIL OSI China News –

    July 9, 2025
  • MIL-OSI Asia-Pac: LCQ22: Support for public rental housing tenants

    Source: Hong Kong Government special administrative region

    Following is a question by the Hon Kingsley Wong and a written reply by Secretary for Housing, Ms Winnie Ho, in the Legislative Council today (July 9):

    Question:

    It has been learnt that a number of cases involving deaths of public rental housing (PRH) tenants in their own PRH flats occurred in Hong Kong in the past, in which the deaths of such tenants remained unknown for a long time, and there were even cases where their bodies had been reduced to skeletons by the time they were discovered; and there were also cases in which carers died suddenly in their PRH flats, but the relatives living with them were forced to “stay with the dead bodies” as their relatives were unable to seek assistance and report to the Police due to mental incapacity or other reasons. In this connection, will the Government inform this Council:

    (1) of the number of cases in each of the past 10 years, in which staff of the Housing Department (HD) found people dead in the flats concerned during home visits or flat recovery work (e.g. breaking into the flats concerned);

    (2) of the number of cases in each of the past 10 years, in which the Social Welfare Department (SWD) found people dead in the flats concerned in the course of following up the welfare service matters of PRH tenants;

    (3) it is learnt that, following the default on rental payment for two consecutive months by PRH tenants, HD will make several attempts to contact the tenants concerned by means of telephone, written notification or home visits, etc., of the criteria adopted by HD for determining whether it is necessary to refer the cases to other departments for follow-up or to report to the Police after repeated unsuccessful attempts to contact the tenants;

    (4) regarding cases in which HD is unable to contact the tenants successfully, whether HD will consider seeking assistance from the Police within a shorter period of time, so as to decide if further actions will be taken in respect of the tenants concerned (e.g. breaking into the flats); if so, of the details; if not, the reasons for that;

    (5) as there are views that enhanced cooperation among different departments will facilitate early detection of death cases in PRH flats and even save lives, whether HD, SWD, the Home Affairs Department and the Police will consider setting up a mechanism for information sharing and cooperation; if so, of the details; if not, the reasons for that;

    (6) whether it will promote and encourage the District Services and Community Care Teams (Care Teams), management companies and PRH tenants to set up a system for assuring safety, so that PRH tenants who live alone or need relevant support may participate on a voluntary basis;

    (7) given that HD has launched the pilot scheme of Door Sensor Installation for Elderly Households to equip the elderly households who have voluntarily participated in the scheme with the system which allows designated relatives or friends to keep track of the movement of the elderly in and out of their flats, whether the authorities will extend the scheme to cover non-elderly PRH tenants in the future; whether they will promote and encourage the Care Teams and management companies to become one of the designated contact persons, so as to expeditiously follow up the situation of the tenants concerned; and

    (8) given that the Hong Kong Federation of Trade Unions and the Hong Kong and China Gas Company Limited have joined forces to launch the Gas Guardian Care Network programme, which utilises smart meters to monitor the gas usage patterns of the elderly in real-time, whether the authorities will make reference to the programme and launch other projects in collaboration with the business sector and community organisations to enable carers to check the condition of the elderly, so as to enhance home safety of the elderly?

    Reply:

    President,

    The estate management staff of the Housing Department (HD) will contact public rental housing (PRH) tenants through daily management work, proactively understanding their living conditions in PRH units and will pay special attention to elderly residents living alone. Cases will be referred to other government departments and social welfare organisations as needed to provide assistance. 

    In response to the question raised by the Hon Kingsley Wong, in consultation with the Labour and Welfare Bureau (LWB) and the Home Affairs Department, our reply is as follows:

    (1), (2) and (5) In the past 10 years (i.e. 2015 to 2024), the number of natural deaths recorded in PRH units under the HD is listed in the Annex. These cases are mainly discovered through the HD’s routine management work (such as patrols, home visits, flat recovery operations, etc.), or were reported by the tenants’ relatives, friends, or neighbours to the estate offices, or referred by other government departments including the police and the Social Welfare Department (SWD) or social welfare organisations. The HD does not maintain statistical breakdowns of the means by which these cases are discovered.

    At present, the HD and the SWD have established an inter-departmental referral mechanism to handle special cases of housing assistance for PRH tenants. Liaison groups have been formed at both the headquarters and regional levels to regularly review and improve the cooperation mechanism for housing assistance cases. The HD is also closely collaborating with the LWB and is providing information of PRH tenants under the premise of protecting personal data privacy, with a view to facilitating the LWB to develop a database for following up on hidden and needy elderly individuals.

    (3) and (4) According to Section 19(1)(b) of the Housing Ordinance (Cap. 283), when the Housing Authority (HA) serves a notice-to-quit to tenant, at least one month’s notice for termination of tenancy should be given. Upon expiry of the notice, if the occupier still does not voluntarily surrender the unit, the HD can then deploy staff to proceed flat recovery action in accordance with the Housing Ordinance. For rent arrears cases, a series of actions will be taken initially by the HD before serving notice-to-quit, including communicating with tenants through home visits, phone calls or face-to-face interviews. If the tenants still cannot be reached, HD staff will try to reach their relatives and emergency contacts. For some singleton elderly tenants who live by themselves and have not provided any relatives or other contact persons, we will make every effort to contact them through alternative means, including slipping notes through the door gap and into the letter box to ask the tenants to contact the estate office as soon as possible, instructing security guards to monitor the tenants’ entry into and exit from the building, and recording their water and electricity consumption to more closely monitor their situation. If the tenants are in rent arrears due to financial difficulties, cases may be referred to the SWD for follow-up or be provided with assistance to apply for Rent Assistance Scheme, subject to their consent and fulfilment of eligibilities. If the tenants or any of their relatives still cannot be reached despite multiple attempts, the HD will inquire with other departments such as the SWD to check if the tenants are their care cases and their latest situation; or the Immigration Department to check the tenants’ immigration records, etc.; and will seek assistance from the police if necessary. In addition, if HD staff discover suspicious cases during daily management work (e.g. unusual odours emanating from the unit), they will notify the police immediately to take appropriate action, including breaking into the unit as necessary.

    (6), (7) and (8) In order to encourage property management companies and security service contractors to be more proactive in assisting PRH tenants in need, we give bidders who can provide effective suggestions for caring the tenants, e.g. establishing volunteer teams to provide volunteer services to the community in the estate and to visit the elderly or individuals/ families in need, etc., additional marks during the tender evaluation, thereby increasing their chances of winning the bid. In addition, the HD organises the annual Estate Management Services Contractor Awards and the Best Security Staff election to commend service contractors and security personnel who have performed well and actively assisted needy residents in the estate. This aims to encourage them to go the extra mile and take the initiative to care for the estates’ PRH residents.

    Starting from April this year, the HD launched the pilot scheme of Door Sensor Installation for Elderly Households in Wan Hon Estate in Kwun Tong and Sheung Lok Estate in Ho Man Tin. The elderly households who voluntarily participate in the scheme are equipped with the system which allows designated relatives or friends to keep track of the movement of the elderly in and out of their flats so as to provide timely support when needed. The HD will actively explore the feasibility of implementing other similar schemes in collaboration with other government departments and social welfare organisations, with a view to benefitting more elderly households in other PRH estates.

    In addition, the HA also provides subsidies to eligible elderly tenants for the installation of emergency alarm system (Safety Bell), allowing the tenants to seek help timely in case of emergencies. Elderly tenants who require to install Safety Bell but are not receiving Comprehensive Social Security Assistance can apply for the Emergency Alarm System (EAS) Grant from the HA. Since February 2021, the grant has been extended to mobile devices, including mobile phones and watches equipped with EAS, smartphones with dedicated EAS mobile app installed and other products, allowing elderly tenants to purchase suitable emergency alarm system products on their own. Since the implementation of the grant scheme, approximately 26 000 applications have been approved. The HD has also installed fall detection systems in accessible toilets in some housing estates on a pilot basis to detect situations such as falls, fainting, prolonged stays, etc.

    The estate offices under the HA actively assist the Care Teams in promoting care activities, organising community events and providing visits and services to families in need (including elderly households). In addition, the HA collaborates with non-governmental organisations annually to organise activities in various PRH estates.  These activities include outreach visits to identify elderly singleton and hidden elders, providing them with support services such as meal delivery, home repair and cleaning services, escort service for medical appointments, etc., so as to help them maintain basic living needs, expand their social networks and provide emotional support.

    The HA will continue to implement the aforementioned measures and will conduct timely reviews, striving to meet the needs of tenants.

    MIL OSI Asia Pacific News –

    July 9, 2025
  • MIL-OSI Asia-Pac: LCQ9: Regulation of medical devices

    Source: Hong Kong Government special administrative region

    LCQ9: Regulation of medical devices 
    Question:
     
         At present, Hong Kong has only put in place a voluntary Medical Device Administrative Control System (the System), and there is no legislation to regulate such devices. On the other hand, it is learnt that some merchants are promoting and marketing parallel-imported contact lenses on the Internet, but these products do not have any medical device labelling on their packaging boxes, or the labelling shows signs of alteration (e.g. “the unique device identifier” has been cut off or covered), thus making it difficult to identify whether the products belong to problematic batches, and the quality of such products cannot be guaranteed. In this connection, will the Government inform this Council:
     
    (1) given that contact lenses is a class II medical device under the system, of the Government’s control over the importation and sale (including online sale) of contact lens products;
     
    (2) of the number of reports and requests for assistance received by the Government in the past three years in relation to parallel-imported contact lenses, as well as the categories of such cases (e.g. improper packaging labels, discomfort after use, etc.); whether it has taken law enforcement actions against merchants who have made unauthorised alterations to the packaging information of contact lenses (including parallel-imported contact lenses); if so, of the details; if not, the reasons for that; and
     
    (3) as the Government indicated in June last year that it was conducting a comprehensive review of the proposed legislative framework for medical device regulation, whether the Government will draw up a concrete timetable for introducing legislative amendments to regulate the manufacture, importation, quality assurance, sale and post-sale follow-up of medical devices; if so, of the details; if not, the reasons for that?
     
    Reply:
     
    President,
     
         In consultation with the Commerce and Economic Development Bureau, the Customs and Excise Department (C&ED) and the Department of Health (DH), the Health Bureau provides a consolidated reply to the question raised by Dr the Hon David Lam as follows:
     
         While there is not yet specific legislation to regulate medical devices in Hong Kong, some products are already regulated by existing pieces of legislation, such as the Pharmacy and Poisons Ordinance (Cap. 138), the Consumer Goods Safety Ordinance (CGSO) (Cap. 456) and the Trade Descriptions Ordinance (TDO) (Cap. 362) etc., depending on the characteristics and features of the products concerned.
     
         To safeguard public health, the DH has made reference to the recommendation of the Global Harmonization Task Force (now known as the International Medical Device Regulators Forum) and introduced the voluntary Medical Device Administrative Control System (MDACS) since 2004, under which a listing system for medical devices and traders as well as a post-market monitoring system for the products are put in place.  
     
         According to the prevailing MDACS, contact lenses are usually categorised as Class II (low-moderate risk) general medical devices. To apply for listing under the MDACS, a medical device must be proven to have met the requirements under the Essential Principles of Safety and Performance of Medical Devices that are adopted internationally. As for the listing system for traders (including local responsible person, local manufacturers, importers and distributors), traders must meet relevant requirements including holding a valid business registration certificate, maintaining a quality management system for supply of medical devices, and complying with post-market control for the products in order to hold them accountable for the safety of medical devices. Besides, a dedicated reporting system has been set up under the MDACS to handle the reporting of incidents pertaining to listed medical devices, with a view to enhancing protection for users via early detection of safety alerts.
     
         On the other hand, the C&ED is responsible for enforcing the CGSO and the TDO. The safety of consumer goods which are supplied for private use in Hong Kong, if not covered by other legislation, is subject to the regulation of the CGSO and its subsidiary legislation namely the Consumer Goods Safety Regulation (CGSR). This covers contact lenses as mentioned in the question.
     
         Pursuant to the CGSO, manufacturers, importers and suppliers should ensure that the consumer goods they supply are reasonably safe. The CGSR stipulates that any warning or caution marked on the package of consumer goods must be in both the English and the Chinese languages in a legible and conspicuous manner. Covering both goods and services, the TDO prohibits specified unfair trade practices deployed by traders against consumers, including false trade descriptions, misleading omissions, aggressive commercial practices, bait advertising, bait-and-switch and wrongly accepting payment, which are applicable to the commercial practices of both physical and online traders. 
     
         From 2022 to 2024, the C&ED did not receive any complaint on the product safety of contact lenses, but received six complaints of suspected contravention of the TDO. Upon investigation, five cases were closed due to insufficient evidence, with the remaining one under investigation. 
     
         Looking ahead, the DH has announced the establishment of the Hong Kong Centre for Medical Products Regulation (CMPR) by the end of 2026, with regulation of medical devices as part of its purview. The Government is taking forward preparatory work for the relevant legislation at full steam having regard to the latest international trends in regulation of medical devices in recent years, and will comprehensively review the proposed legislative framework. It is expected that the legislative proposal could be submitted to the Legislative Council within the next year so as to dovetail with the timetable for establishing the CMPR. Upon legislation, all medical devices supplied in Hong Kong, unless otherwise exempted, must be registered, thereby ensuring the compliance with relevant standards in safety, quality and performance. 
    Issued at HKT 15:30

    NNNN

    CategoriesMIL-OSI

    MIL OSI Asia Pacific News –

    July 9, 2025
  • MIL-OSI Asia-Pac: LCQ9: Regulation of medical devices

    Source: Hong Kong Government special administrative region

    LCQ9: Regulation of medical devices 
    Question:
     
         At present, Hong Kong has only put in place a voluntary Medical Device Administrative Control System (the System), and there is no legislation to regulate such devices. On the other hand, it is learnt that some merchants are promoting and marketing parallel-imported contact lenses on the Internet, but these products do not have any medical device labelling on their packaging boxes, or the labelling shows signs of alteration (e.g. “the unique device identifier” has been cut off or covered), thus making it difficult to identify whether the products belong to problematic batches, and the quality of such products cannot be guaranteed. In this connection, will the Government inform this Council:
     
    (1) given that contact lenses is a class II medical device under the system, of the Government’s control over the importation and sale (including online sale) of contact lens products;
     
    (2) of the number of reports and requests for assistance received by the Government in the past three years in relation to parallel-imported contact lenses, as well as the categories of such cases (e.g. improper packaging labels, discomfort after use, etc.); whether it has taken law enforcement actions against merchants who have made unauthorised alterations to the packaging information of contact lenses (including parallel-imported contact lenses); if so, of the details; if not, the reasons for that; and
     
    (3) as the Government indicated in June last year that it was conducting a comprehensive review of the proposed legislative framework for medical device regulation, whether the Government will draw up a concrete timetable for introducing legislative amendments to regulate the manufacture, importation, quality assurance, sale and post-sale follow-up of medical devices; if so, of the details; if not, the reasons for that?
     
    Reply:
     
    President,
     
         In consultation with the Commerce and Economic Development Bureau, the Customs and Excise Department (C&ED) and the Department of Health (DH), the Health Bureau provides a consolidated reply to the question raised by Dr the Hon David Lam as follows:
     
         While there is not yet specific legislation to regulate medical devices in Hong Kong, some products are already regulated by existing pieces of legislation, such as the Pharmacy and Poisons Ordinance (Cap. 138), the Consumer Goods Safety Ordinance (CGSO) (Cap. 456) and the Trade Descriptions Ordinance (TDO) (Cap. 362) etc., depending on the characteristics and features of the products concerned.
     
         To safeguard public health, the DH has made reference to the recommendation of the Global Harmonization Task Force (now known as the International Medical Device Regulators Forum) and introduced the voluntary Medical Device Administrative Control System (MDACS) since 2004, under which a listing system for medical devices and traders as well as a post-market monitoring system for the products are put in place.  
     
         According to the prevailing MDACS, contact lenses are usually categorised as Class II (low-moderate risk) general medical devices. To apply for listing under the MDACS, a medical device must be proven to have met the requirements under the Essential Principles of Safety and Performance of Medical Devices that are adopted internationally. As for the listing system for traders (including local responsible person, local manufacturers, importers and distributors), traders must meet relevant requirements including holding a valid business registration certificate, maintaining a quality management system for supply of medical devices, and complying with post-market control for the products in order to hold them accountable for the safety of medical devices. Besides, a dedicated reporting system has been set up under the MDACS to handle the reporting of incidents pertaining to listed medical devices, with a view to enhancing protection for users via early detection of safety alerts.
     
         On the other hand, the C&ED is responsible for enforcing the CGSO and the TDO. The safety of consumer goods which are supplied for private use in Hong Kong, if not covered by other legislation, is subject to the regulation of the CGSO and its subsidiary legislation namely the Consumer Goods Safety Regulation (CGSR). This covers contact lenses as mentioned in the question.
     
         Pursuant to the CGSO, manufacturers, importers and suppliers should ensure that the consumer goods they supply are reasonably safe. The CGSR stipulates that any warning or caution marked on the package of consumer goods must be in both the English and the Chinese languages in a legible and conspicuous manner. Covering both goods and services, the TDO prohibits specified unfair trade practices deployed by traders against consumers, including false trade descriptions, misleading omissions, aggressive commercial practices, bait advertising, bait-and-switch and wrongly accepting payment, which are applicable to the commercial practices of both physical and online traders. 
     
         From 2022 to 2024, the C&ED did not receive any complaint on the product safety of contact lenses, but received six complaints of suspected contravention of the TDO. Upon investigation, five cases were closed due to insufficient evidence, with the remaining one under investigation. 
     
         Looking ahead, the DH has announced the establishment of the Hong Kong Centre for Medical Products Regulation (CMPR) by the end of 2026, with regulation of medical devices as part of its purview. The Government is taking forward preparatory work for the relevant legislation at full steam having regard to the latest international trends in regulation of medical devices in recent years, and will comprehensively review the proposed legislative framework. It is expected that the legislative proposal could be submitted to the Legislative Council within the next year so as to dovetail with the timetable for establishing the CMPR. Upon legislation, all medical devices supplied in Hong Kong, unless otherwise exempted, must be registered, thereby ensuring the compliance with relevant standards in safety, quality and performance. 
    Issued at HKT 15:30

    NNNN

    CategoriesMIL-OSI

    MIL OSI Asia Pacific News –

    July 9, 2025
  • MIL-OSI Asia-Pac: LCQ9: Regulation of medical devices

    Source: Hong Kong Government special administrative region

    LCQ9: Regulation of medical devices 
    Question:
     
         At present, Hong Kong has only put in place a voluntary Medical Device Administrative Control System (the System), and there is no legislation to regulate such devices. On the other hand, it is learnt that some merchants are promoting and marketing parallel-imported contact lenses on the Internet, but these products do not have any medical device labelling on their packaging boxes, or the labelling shows signs of alteration (e.g. “the unique device identifier” has been cut off or covered), thus making it difficult to identify whether the products belong to problematic batches, and the quality of such products cannot be guaranteed. In this connection, will the Government inform this Council:
     
    (1) given that contact lenses is a class II medical device under the system, of the Government’s control over the importation and sale (including online sale) of contact lens products;
     
    (2) of the number of reports and requests for assistance received by the Government in the past three years in relation to parallel-imported contact lenses, as well as the categories of such cases (e.g. improper packaging labels, discomfort after use, etc.); whether it has taken law enforcement actions against merchants who have made unauthorised alterations to the packaging information of contact lenses (including parallel-imported contact lenses); if so, of the details; if not, the reasons for that; and
     
    (3) as the Government indicated in June last year that it was conducting a comprehensive review of the proposed legislative framework for medical device regulation, whether the Government will draw up a concrete timetable for introducing legislative amendments to regulate the manufacture, importation, quality assurance, sale and post-sale follow-up of medical devices; if so, of the details; if not, the reasons for that?
     
    Reply:
     
    President,
     
         In consultation with the Commerce and Economic Development Bureau, the Customs and Excise Department (C&ED) and the Department of Health (DH), the Health Bureau provides a consolidated reply to the question raised by Dr the Hon David Lam as follows:
     
         While there is not yet specific legislation to regulate medical devices in Hong Kong, some products are already regulated by existing pieces of legislation, such as the Pharmacy and Poisons Ordinance (Cap. 138), the Consumer Goods Safety Ordinance (CGSO) (Cap. 456) and the Trade Descriptions Ordinance (TDO) (Cap. 362) etc., depending on the characteristics and features of the products concerned.
     
         To safeguard public health, the DH has made reference to the recommendation of the Global Harmonization Task Force (now known as the International Medical Device Regulators Forum) and introduced the voluntary Medical Device Administrative Control System (MDACS) since 2004, under which a listing system for medical devices and traders as well as a post-market monitoring system for the products are put in place.  
     
         According to the prevailing MDACS, contact lenses are usually categorised as Class II (low-moderate risk) general medical devices. To apply for listing under the MDACS, a medical device must be proven to have met the requirements under the Essential Principles of Safety and Performance of Medical Devices that are adopted internationally. As for the listing system for traders (including local responsible person, local manufacturers, importers and distributors), traders must meet relevant requirements including holding a valid business registration certificate, maintaining a quality management system for supply of medical devices, and complying with post-market control for the products in order to hold them accountable for the safety of medical devices. Besides, a dedicated reporting system has been set up under the MDACS to handle the reporting of incidents pertaining to listed medical devices, with a view to enhancing protection for users via early detection of safety alerts.
     
         On the other hand, the C&ED is responsible for enforcing the CGSO and the TDO. The safety of consumer goods which are supplied for private use in Hong Kong, if not covered by other legislation, is subject to the regulation of the CGSO and its subsidiary legislation namely the Consumer Goods Safety Regulation (CGSR). This covers contact lenses as mentioned in the question.
     
         Pursuant to the CGSO, manufacturers, importers and suppliers should ensure that the consumer goods they supply are reasonably safe. The CGSR stipulates that any warning or caution marked on the package of consumer goods must be in both the English and the Chinese languages in a legible and conspicuous manner. Covering both goods and services, the TDO prohibits specified unfair trade practices deployed by traders against consumers, including false trade descriptions, misleading omissions, aggressive commercial practices, bait advertising, bait-and-switch and wrongly accepting payment, which are applicable to the commercial practices of both physical and online traders. 
     
         From 2022 to 2024, the C&ED did not receive any complaint on the product safety of contact lenses, but received six complaints of suspected contravention of the TDO. Upon investigation, five cases were closed due to insufficient evidence, with the remaining one under investigation. 
     
         Looking ahead, the DH has announced the establishment of the Hong Kong Centre for Medical Products Regulation (CMPR) by the end of 2026, with regulation of medical devices as part of its purview. The Government is taking forward preparatory work for the relevant legislation at full steam having regard to the latest international trends in regulation of medical devices in recent years, and will comprehensively review the proposed legislative framework. It is expected that the legislative proposal could be submitted to the Legislative Council within the next year so as to dovetail with the timetable for establishing the CMPR. Upon legislation, all medical devices supplied in Hong Kong, unless otherwise exempted, must be registered, thereby ensuring the compliance with relevant standards in safety, quality and performance. 
    Issued at HKT 15:30

    NNNN

    CategoriesMIL-OSI

    MIL OSI Asia Pacific News –

    July 9, 2025
  • Prime Minister Modi arrives in Namibia on final leg of five-nation tour

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi arrived in Windhoek, Namibia, on Wednesday morning, marking the first-ever visit by an Indian Prime Minister to Namibia in nearly three decades and only the third such visit from India to the southern African nation.

    PM Modi is in Namibia on a State visit at the invitation of President Netumbo Nandi-Ndaitwah. Upon his arrival at Hosea Kutako International Airport, the Prime Minister was accorded a ceremonial welcome and greeted by Namibia’s Minister of International Relations and Trade, Selma Ashipala-Musavyi. In a symbolic gesture reflecting cultural exchange, PM Modi also tried his hand at playing traditional Namibian drums at the airport.

    In a statement, the Ministry of External Affairs (MEA) said the Prime Minister’s visit underscores India’s “multi-faceted and deep-rooted historical ties with Namibia”. The visit marks the final leg of his five-nation tour, which included stops in Ghana, Trinidad and Tobago, Argentina, and Brazil.

    “During the visit, the Prime Minister will hold bilateral discussions with President Nandi-Ndaitwah. He will also pay homage to the Founding Father and first President of Namibia, the late Dr. Sam Nujoma, and is expected to address the Parliament of Namibia,” the MEA said.

    The Indian diaspora in Namibia has welcomed the Prime Minister’s visit with great enthusiasm. Members of the community are preparing to greet him with a traditional Garba dance. “We are thrilled that Prime Minister Modi has arrived in Namibia. We will present a Garba dance to welcome him,” said a member of the diaspora.

    In a post on X, PM Modi described Namibia as a “valued and trusted African partner” and said he looked forward to strengthening bilateral cooperation during his engagements.

    “Landed in Windhoek a short while ago. Namibia is a valued and trusted African partner with whom we seek to boost bilateral cooperation. Looking forward to meeting President Dr. Netumbo Nandi-Ndaitwah and addressing the Namibian Parliament today,” the Prime Minister said.

    July 9, 2025
  • MIL-OSI Russia: Qingdao Institute of Technology hosts Chinese-Russian youth cultural event

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

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

    BEIJING, July 9 (Xinhua) — The Qingdao Institute of Technology recently held a cultural forum titled “Unity in the Hot Summer: China-Russia Cultural Dialogue Day.” The event brought together Chinese and Russian students from the Shanghai Cooperation Organization (SCO) Institute of Trade and Economics and Baikal National University (Russia).

    As reported on the official website of the institute, the program included five interactive blocks for in-depth understanding of cultures. Students immersed themselves in traditional Chinese holidays: they studied symbols of prosperity – paired New Year inscriptions, scarlet lanterns and red envelopes, tasted traditional Chinese products – yuanxiao, zongzi and mooncakes, discovering the gastronomic culture of China.

    At the calligraphy exhibition, guests appreciated the charm of hieroglyphs written in the free style of cursive writing “caoshu”, and during the master class they enjoyed mastering the technique of writing with a brush, comprehending the magic of Chinese writing.

    There was also a master class on making dumplings in the institute canteen.

    The forum has become a bright practice for developing intercultural communications and expanding the global outlook of students. It is not only a bright cultural presentation, but also a deep “dialogue of hearts” that has strengthened the friendship between the youth of China and Russia. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

    July 9, 2025
  • MIL-OSI Asia-Pac: President Lai meets delegation led by Foreign Minister Jean-Victor Harvel Jean-Baptiste of Republic of Haiti

    Source: Republic of China Taiwan

    Details
    2025-07-01
    President Lai meets delegation from 2025 Taiwan International Ocean Forum
    On the afternoon of July 1, President Lai Ching-te met with a delegation from the 2025 Taiwan International Ocean Forum (TIOF). In remarks, President Lai noted that the people of Taiwan will continue to work with democratic partners throughout the world in a maritime spirit of freedom and openness to contribute to ocean governance and jointly ensure maritime security. He expressed hope that their visit will help forge stronger friendships between Taiwan and international maritime partners, so that all can work together to spur shared maritime prosperity and sustainable development for the next generation. A translation of President Lai’s remarks follows: I want to thank our guests for coming here to the Presidential Office. The 2025 TIOF will take place tomorrow and the day after, and I thank you all for making the long trip to Taiwan to attend the event and share your valuable insights and experiences. This year’s forum will focus on strategies for strengthening maritime security and pathways to achieving a sustainable blue economy. By attending this forum, our guests are highlighting their commitment to safeguarding the oceans, and beyond that, taking concrete action to demonstrate support for Taiwan. I once again offer deepest gratitude on behalf of the people of Taiwan. Taiwan holds a key position on the first island chain, is one of the world’s top 10 shipping nations, and accounts for close to 10 percent of global container shipping by volume. As such, Taiwan occupies a unique and important position in maritime strategy. For Taiwan, the ocean is more than just a basis for survival and development; it is also an important driver of national prosperity. In my inaugural address last year, I spoke of a threefold approach to further Taiwan’s development. One of these involves further developing our strengths as a maritime nation. Our government must actively help deepen our connections with the ocean, and must continue to promote green shipping, a sustainable fishing industry, marine renewable energy, and other forms of industrial transformation. It must also make use of marine technology and digital innovation to create a new paradigm that balances environmental, economic, and social inclusion concerns. This will help enhance Taiwan’s responsibilities and competitiveness as a maritime nation. Taiwan is surrounded by ocean, and our territorial waters are a natural protective barrier. However, continued gray-zone aggression from China creates serious threats and challenges to peace and stability in the Taiwan Strait. Our government continues to invest resources to deal with increasingly complex maritime security issues. In addition to building coast guard patrol vessels, we must also step up efforts to build underwater, surface, and airborne unmanned vehicles and smart reconnaissance equipment, so as to demonstrate Taiwan’s determination to defend democracy and freedom and commitment to maintaining peace and stability in the Taiwan Strait. Oceans are Taiwan’s roots, and provide the channels by which we engage with the world. The people of Taiwan will continue to work with democratic partners throughout the world in a maritime spirit of freedom and openness to contribute to ocean governance and jointly ensure maritime security. The TIOF was first launched in 2020, and has now become an important platform for enhancement of cooperation between Taiwan and other countries. I hope that our distinguished guests will reap great benefits at this year’s forum, and further hope that this visit will help forge stronger friendships between Taiwan and international maritime partners, so that all can work together to spur shared maritime prosperity and sustainable development for the next generation. Chairman of The Washington Times Thomas McDevitt, a member of the delegation, then delivered remarks, noting first that July 4th, this Friday, is Independence Day in America. Independence is a sacred, powerful word which has great meaning in this part of the world, he said. Chairman McDevitt indicated that Taiwan has truly become a global beacon of democracy and a key partner for many nations. He then quoted President Lai’s 2024 inaugural address: “We will work together to combat disinformation, strengthen democratic resilience, address challenges, and allow Taiwan to become the MVP of the democratic world.” Chairman McDevitt went on to say that he appreciated the president’s speech with regard to his philosophical depth, sensitivity, and both moral and political clarity. He said that he was deeply moved by the speech, but within a few days of it, China responded with military activities and many threats. The chairman then emphasized that we are in a civilization crisis. Chairman McDevitt mentioned that President Lai has begun a series of 10 lectures, and remarked that they would help the world to understand the identity and the nature of Taiwan, as well as the situation we are in in the world. On behalf of all the delegation, Chairman McDevitt thanked the president for his leadership in dealing with these issues thoughtfully. Chairman McDevitt concluded with a line from the Old Testament which states that if the people have no vision, they will perish. He said that he believes Taiwan’s president has led the people of Taiwan, and the world, with a vision of how to navigate this great civilization crisis together. The delegation also included Members of the Japanese House of Representatives Kikawada Hitoshi, Aoyama Yamato, and Genma Kentaro, and Member of Parliament of the United Kingdom Gavin Williamson.

    Details
    2025-06-30
    President Lai meets Minister of State at UK Department for Business and Trade Douglas Alexander  
    On the morning of June 30, President Lai Ching-te met with Douglas Alexander, Minister of State at the Department for Business and Trade of the United Kingdom. In remarks, President Lai thanked the UK government for its longstanding support for peace and stability across the Taiwan Strait, demonstrating that Taiwan and the UK share similar goals. Noting that two years ago, Taiwan and the UK signed an enhanced trade partnership (ETP) arrangement, the president said that today Taiwan and the UK have signed three pillars under the ETP, which will help promote bilateral economic and trade cooperation. He expressed hope of the UK publicly supporting Taiwan’s accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) so that together we can create an economic and trade landscape in the Indo-Pacific characterized by shared prosperity and development. A translation of President Lai’s remarks follows: First, on behalf of the people of Taiwan, I extend a warm welcome to Minister Alexander and wish a fruitful outcome for the 27th round of Taiwan-UK trade talks later today. Taiwan-UK relations have grown closer in recent years. We have not only continued to strengthen cooperation in such fields as offshore wind power, innovative technologies, and culture and education but also have established regular dialogue mechanisms in the critical areas of economics and trade, energy, and agriculture. The UK is currently Taiwan’s fourth-largest European trading partner, second-largest source of investment from Europe, and third-largest target for investment in Europe. Two years ago, Taiwan and the UK signed an ETP arrangement. This was particularly meaningful, as it was the first institutionalized economic and trade framework between Taiwan and a European country. Today, this arrangement is yielding further results. I am delighted that Taiwan and the UK have signed three pillars under the ETP covering investment, digital trade, and energy and net-zero. This will help promote bilateral economic and trade cooperation and advance industrial development on both sides. I also want to thank the UK government for its longstanding support for peace and stability across the Taiwan Strait. This month, the UK published its Strategic Defence Review 2025 and National Security Strategy 2025, which oppose any unilateral attempts to change the status quo across the Taiwan Strait. These not only demonstrate that Taiwan and the UK share similar goals but also show that security and prosperity in the Indo-Pacific region are inseparable from those of the transatlantic regions. In addition, last November, the House of Commons passed a motion which made clear that United Nations General Assembly (UNGA) Resolution 2758 neither established the sovereignty of the People’s Republic of China over Taiwan nor determined Taiwan’s status in the United Nations. The UK government also responded to the motion by publicly expressing for the first time its position on UNGA Resolution 2758, opposing any attempt to broaden the interpretation of the resolution to rewrite history. For this, on behalf of the people of Taiwan, I once again want to extend my deepest gratitude. Taiwan and the UK have the advantage of being highly complementary in the technology sector. In facing the restructuring of global supply chains and other international economic and trade developments, I believe that Taiwan and the UK are indispensable key partners for one another. I look forward to the UK publicly supporting Taiwan’s accession to the CPTPP so that together, we can create an economic and trade landscape in the Indo-Pacific characterized by shared prosperity and development. In closing, I wish Minister Alexander a pleasant and successful visit. And I hope he has the opportunity to visit Taiwan for personal travel in the future. Minister Alexander then delivered remarks, saying that it is a great personal honor to meet with everyone today to discuss further deepening the UK-Taiwan trade relationship and explore the many opportunities our two sides can pursue together. He mentioned that he traveled to Taiwan in 2022 when he was a private citizen, a visit he thoroughly enjoyed, so he is delighted to be back to see the strength of the UK-Taiwan relationship and the strengthening of that relationship. He said that relationship is built on mutual respect, democratic values, and a shared vision for open, resilient, and rules-based economic cooperation. As like-minded partners, he pointed out, our collaboration continues to grow across multiple sectors, and he is here today to further that momentum. Minister Alexander stated that on trade and investment, he is proud that this morning we signed the ETP Pillars on Investment, Digital Trade, Energy and Net Zero, which will provide a clear framework for our future cooperation and lay the foundation for expanded access and market-shaping engagement between our two economies. The minister said he believes that together with our annual trade talks, this partnership will help UK’s firms secure new commercial opportunities, improve regulatory alignment, and promote long-term investment in key growth areas, which in turn will also support Taiwan’s efforts to expand high-quality trade relationships with trusted partners. Minister Alexander said that President Lai’s promotion of the Five Trusted Industry Sectors and the UK’s recently published industrial and trade strategies are very well-aligned, as both cover clean energy and semiconductors as well as advanced manufacturing. He then provided an example, saying that both sides plan to invest in AI infrastructure and compute power-creating opportunities for great joint research in the future. By combining our strengths in these areas, he said, we can open the door to innovative collaboration and commercial success for both sides. He mentioned that yesterday he visited the Taiwan Space Agency, commenting that in sectors such as satellite technology, green energy, and cyber security, British expertise and trusted standards can provide meaningful solutions. Noting that President Lai spoke in his remarks of the broader challenge of peace and security in the region, Minister Alexander stated that the United Kingdom has, of course, also continued to affirm its commitment to peace and stability in the Taiwan Strait, along with its G7 partners. The UK-Taiwan relationship is strategic, enduring, and growing, he stated, and they reaffirm and remain firm in their longstanding position and confident in their ability to work together to support both prosperity and resilience in both of our societies. Minister Alexander said that, as Taiwan looks to diversify capital and build global partnerships, they believe the UK represents a strong and ambitious investment destination, particularly for Taiwanese companies at the very forefront of robotics, clean tech, and advanced industry. He pointed out that the UK’s markets are stable, open, and aligned with Taiwan’s vision of a high-tech, sustainable future, adding that he looks forward to our discussion on how we can further deepen our cooperation across all of these areas and more. The delegation also included Martin Kent, His Majesty’s Trade Commissioner for Asia Pacific at the UK Department for Business and Trade. The delegation was accompanied to the Presidential Office by British Office Taipei Representative Ruth Bradley-Jones.   

    Details
    2025-06-27
    President Lai confers decoration on former Japan-Taiwan Exchange Association Chairman Ohashi Mitsuo
    On the morning of June 27, President Lai Ching-te conferred the Order of Brilliant Star with Grand Cordon upon former Chairman of the Japan-Taiwan Exchange Association Ohashi Mitsuo in recognition of his firm convictions and tireless efforts in promoting Taiwan-Japan exchanges. In remarks, President Lai stated that Chairman Ohashi cares for Taiwan like a family member, and expressed hope that Taiwan and Japan continue to deepen their partnership, bring about the early signing of an economic partnership agreement (EPA), and jointly build secure and stable non-red supply chains as we boost the resilience and competitiveness of our economies and jointly safeguard the values of freedom and democracy. A translation of President Lai’s remarks follows: Every meeting I have with Chairman Ohashi, with whom I have worked side by side for many years, is warm and friendly. I recall that when we met last year, Chairman Ohashi said that he often thinks about what Japan can do for Taiwan and what Taiwan can do for Japan, and that it is that mutual concern that makes us so close. This was a truly moving statement illustrating the relationship between Taiwan and Japan. Chairman Ohashi has also said numerous times that our bilateral relations may very well be the best in the entire world, and that in fact they may serve as a model to other countries. Indeed, Chairman Ohashi is himself an exemplary model for friendly relations between Taiwan and Japan. His spirit of always working tirelessly to promote Taiwan-Japan exchanges is truly admirable. Assuming the position of chairman of the Japan-Taiwan Exchange Association in 2011, he served during the terms of former Presidents Ma Ying-jeou and Tsai Ing-wen, continuously making positive contributions to Taiwan-Japan relations. Over these past 14 years, Taiwan and Japan have signed over 50 major agreements, spanning the economy and trade, fisheries, and taxes, among other areas. In 2017, the Taiwan-Japan Relations Association and the Japan-Taiwan Exchange Association underwent name changes, strengthening the essence and significance of Taiwan-Japan relations. These great achievements were all made possible thanks to the firm convictions and tireless efforts of Chairman Ohashi. On behalf of the people of Taiwan, I am delighted to confer upon Chairman Ohashi the Order of Brilliant Star with Grand Cordon to express our deepest thanks for his outstanding contributions. Chairman Ohashi is not just a good friend of Taiwan, but someone who cares for Taiwan like a family member. When a major earthquake struck in 2016, he personally went to Tainan to assess the situation and meet with the city government. This outpouring of friendship and support across borders was deeply moving. As we look to the future, I hope that Taiwan and Japan can continue to deepen our partnership. In addition to bringing about the early signing of an EPA, I also hope that we can expand collaboration in key areas such as semiconductors, energy, and AI, continue building secure and stable non-red supply chains, and boost the resilience and competitiveness of our economies as well as peace and stability in the Indo-Pacific. As Chairman Ohashi has said, the close bilateral relationship between Taiwan and Japan is one the world can be proud of. I would like to thank him once again for his contributions to deepening Taiwan-Japan ties. Taiwan will continue to forge ahead side by side with Japan, jointly safeguarding the values of freedom and democracy and mutually advancing prosperous development. I wish Chairman Ohashi good health, happiness, peace, and success in his future endeavors, and invite him to return to Taiwan often to visit old friends. Chairman Ohashi then delivered remarks, first thanking President Lai for his kind words. He stated that the Taiwan-Japan relationship is not only worthy of praise; it can also serve as a superb model in the world for bilateral relations that is worthy of study by other countries. He added that this is the result of the collective efforts of President Lai as well as many other individuals. Chairman Ohashi said that the current international situation is rather severe, with wars and conflicts occurring between many neighboring countries. He said that there is a growing trend of nuclear weapon proliferation, emphasizing that use of such weapons would cause significant harm between nations. He also pointed out that some countries even use nuclear weapons as a threat, leading to instability and impacting the global situation. Chairman Ohashi said that neither Taiwan nor Japan possesses nuclear weapons, which is something to be proud of. That is why, he said, we can declare that a world without nuclear weapons is a peaceful world. He also mentioned that during his tenure as chairman of the Japan-Taiwan Exchange Association, he consistently upheld this principle in his work. Chairman Ohashi said that the mission of the World Federalist Movement (WFM) is to promote world peace. He said that the WFM has branches in countries worldwide, with the WFM of Japan being one of the most prominent, and that it also aspires to achieve the goal of world peace. Having served as chairman of the Japan-Taiwan Exchange Association for 14 years, he said, he is now stepping down from this role and will serve as the chairman of the WFM of Japan, aiming to promote peace in countries around the world. Chairman Ohashi said that both Taiwan and Japan can take pride in our friendly bilateral relationship, emphasizing that if the good relationship between Japan and Taiwan could be offered as an example to countries around the world, there would be no more wars. He expressed his sincere hope that under President Lai’s leadership, Taiwan and Japan can work together to jointly promote world peace. Also in attendance at the ceremony was Japan-Taiwan Exchange Association Taipei Office Chief Representative Katayama Kazuyuki.

    Details
    2025-06-25
    President Lai meets Japan’s former Economic Security Minister Kobayashi Takayuki
    On the afternoon of June 25, President Lai Ching-te met with Kobayashi Takayuki, Japan’s former economic security minister and a current member of the House of Representatives. In remarks, President Lai expressed hope to combine the strengths of the democratic community to build resilient, reliable non-red supply chains, and ensure a resilient global economy and sustainable development. He also expressed hope that Taiwan and Japan can bring about the early signing of an economic partnership agreement (EPA), and that Japan will continue supporting Taiwan’s bid to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), enhancing our own bilateral partnership, as doing so would create win-win situations and further contribute to regional economic security and stability. The following is a translation of President Lai’s remarks: I welcome Representative Kobayashi back to Taiwan for another visit after seven years. During his last visit, he was with a delegation from the Liberal Democratic Party (LDP) Youth Division, and we met at the Executive Yuan. I am very happy to see him again today. Representative Kobayashi has long paid close attention to matters involving economic security, technological innovation, and aerospace policy. He also made a stunning debut in last year’s LDP presidential election, showing that he is truly a rising star and an influential figure in the political sphere. With this visit, Representative Kobayashi is demonstrating support for Taiwan with concrete action, which is very meaningful. Taiwan and Japan are both part of the first island chain’s key line of defense. We thank the many Japanese prime ministers, including former Prime Ministers Abe Shinzo, Suga Yoshihide, and Kishida Fumio, as well as current Prime Minister Ishiba Shigeru, for the many times they have highlighted the importance of peace and stability in the Taiwan Strait at important international venues, and for expressing opposition to the use of force or coercion to unilaterally change the status quo in the Taiwan Strait. I hope that Taiwan and Japan can engage in more cooperation and exchanges to promote peace and prosperity in the Indo-Pacific region in all aspects. In particular, China in recent years has been actively expanding its red supply chains, which threaten the global free trade system and advanced technology markets. Taiwan hopes to combine the strengths of the democratic community to build resilient, reliable non-red supply chains. In the semiconductor industry, for example, Taiwan has excellent advanced manufacturing capabilities, while Japan plays an important role in materials, equipment, and key technologies. I am confident that, given the experience that Taiwan and Japan have in cooperating, we can build an industrial supply chain composed of democratic nations to ensure a resilient global economy and sustainable development. I hope that Taiwan and Japan can bring about the early signing of an EPA in order to deepen our bilateral trade and investment exchanges and cooperation. I also hope that Japan will continue supporting Taiwan’s bid to join the CPTPP, enhancing our own bilateral partnership, as doing so would create win-win situations and further contribute to regional economic security and stability. Taiwan and Japan are democratic partners that share the values of freedom, democracy, and respect for human rights. I firmly believe that so long as we work together, we can certainly address the challenges posed by authoritarianism, and bring prosperity and development to the Indo-Pacific region. In closing, I welcome Representative Kobayashi once again. I am certain that this visit will help enhance Taiwan-Japan exchanges and deepen our friendship. Representative Kobayashi then delivered remarks, first thanking President Lai for taking the time to meet with him, and noting that this was his second visit to Taiwan following a trip seven years prior, when he came with his good friend from college and then-Director of the LDP Youth Division Suzuki Keisuke, now Japan’s minister of justice. Representative Kobayashi mentioned a Japanese kanji that he is very fond of – 絆 (kizuna) – which means “deep ties of friendship.” He emphasized that a key purpose of this visit to Taiwan was to reiterate the deep ties of friendship between Taiwan and Japan. In addition to deep historical ties, he said, Taiwan and Japan also enjoy a like-minded partnership in terms of economic, personnel, and friendship-oriented exchanges. He went on to say that at the strategic level, Taiwan and Japan also have deep ties of friendship, and that for Japan, it is strategically important that Taiwan not be isolated under any circumstances. Representative Kobayashi emphasized that cooperation between Taiwan and Japan, and even cooperation among Taiwan, Japan, and the United States, are more important now than ever, and that another important focus of this visit is the non-red supply chains referred to earlier by President Lai. He said that as Japan’s first economic security minister and the person currently in charge of the LDP’s policy on economic security, he is acutely aware of the important impact of economic security on national interests, and therefore looks forward to further exchanging views regarding Taiwan’s concrete steps to build non-red supply chains. The delegation was accompanied to the Presidential Office by Japan-Taiwan Exchange Association Deputy Representative Takaba Yo.

    Details
    2025-06-16
    President Lai meets delegation led by Representative Bera, co-chair of US Congressional Taiwan Caucus
    On the morning of June 16, President Lai Ching-te met with a delegation led by Representative Ami Bera, co-chair of the US Congressional Taiwan Caucus. In remarks, President Lai thanked the representatives in Congress for actively voicing support for Taiwan and proposing numerous Taiwan-friendly initiatives to strengthen Taiwan-US ties, helping expand Taiwan’s international space and continuing to place focus on peace and stability across the Taiwan Strait. The president said that we will continue to strengthen bilateral investment and industrial cooperation and create a more comprehensive environment for economic and trade exchanges to jointly enhance economic and developmental resilience. A translation of President Lai’s remarks follows: I am delighted to meet with the delegation and welcome Congressman Bera back to the Presidential Office. Last January, he visited after the presidential election, demonstrating the steadfast backing of the US Congress for democratic Taiwan. This time, as head of a delegation of new members of the House Armed Services Committee and the Foreign Affairs Committee, he is continuing to foster US congressional support for Taiwan. On behalf of the people of Taiwan, I extend a sincere welcome to Congressman Bera and all our esteemed guests. Over the years, staunch bipartisan US congressional backing of Taiwan has been a key force for steadily advancing our bilateral relations. I thank the representatives in Congress for actively voicing support for Taiwan and proposing numerous Taiwan-friendly initiatives, thereby strengthening Taiwan-US ties, helping expand Taiwan’s international space, and continuing to place focus on peace and stability across the Taiwan Strait. I want to emphasize that Taiwan has an unwavering determination to safeguard peace and stability in the Indo-Pacific region. Over the past year, the government and private sector have been working together to enhance Taiwan’s whole-of-society defense resilience and accelerate reform of national defense. The government is also prioritizing special budget allocations to ensure that our defense budget exceeds three percent of GDP this year. I hope that Taiwan-US security cooperation will evolve beyond military procurement to a partnership that encompasses joint research and development and joint production, further strengthening cooperation and exchange in the defense industry. Regarding industrial exchanges, last month, Minister of Foreign Affairs Lin Chia-lung (林佳龍) and Minister of Economic Affairs Kuo Jyh-huei (郭智輝) each visited Texas to see firsthand Taiwan-US collaboration in AI and semiconductors. And the delegation led by Executive Yuan Secretary-General Kung Ming-hsin (龔明鑫) sent by Taiwan to this year’s SelectUSA Investment Summit in Washington, DC, was again the largest of those attending. All of this demonstrates Taiwan’s commitment to working alongside the US to create mutual prosperity. In the future, we will continue to strengthen bilateral investment and industrial cooperation. And I hope that the legislation addressing the issue of Taiwan-US double taxation will become law this year. I want to thank Congressman Bera for co-leading a joint letter last November signed by over 100 members of Congress calling for such legislation. I believe that by creating a more comprehensive environment for economic and trade exchanges, Taiwan and the US can enhance economic and developmental resilience. In closing, I thank you all for making the long journey here to advance Taiwan-US relations. Let us continue working together to promote the prosperous development of this important partnership. Congressman Bera then delivered remarks, saying that on behalf of the delegation, it is an honor for him to be here once again, it being last January that he and Congressman Mario Díaz-Balart visited and congratulated President Lai on his election victory, noting that theirs was the first congressional delegation to do so. Congressman Bera said that this is an important time, not just for the US and Taiwan relationship, but for all relationships around the world. When we look at conflicts in Europe and in the Middle East, he said, it is incumbent upon democracies to hold the peace in Asia. He emphasized that is why it is important for them to bring a delegation of members of the Foreign Affairs Committee and the Armed Services Committee, adding that he believes for all of them it is their first trip to Taiwan.  Congressman Bera said that while this is a delegation of Democratic members of Congress, in a bipartisan way all of Congress continues to support the people of Taiwan. As such, in this visit he brings support from his co-chairs on the Taiwan caucus, Congressman Díaz-Balart and Congressman Andy Barr. He also took a moment to recognize the passing of Congressman Gerald Connolly, who was a longtime friend of Taiwan and one of their co-chairs on the caucus. Congressman Bera mentioned that there is always a special bond between himself and President Lai because they are both doctors, and as doctors, their profession is about healing, keeping the peace, and making sure everybody has a bright, prosperous future. In closing, he highlighted that it is in that spirit that their delegation visits with the president. The delegation also included members of the US Congress Gabe Amo, Wesley Bell, Julie Johnson, Sarah McBride, and Johnny Olszewski.

    Details
    2025-05-20
    President Lai interviewed by Nippon Television and Yomiuri TV
    In a recent interview on Nippon Television’s news zero program, President Lai Ching-te responded to questions from host Mr. Sakurai Sho and Yomiuri TV Shanghai Bureau Chief Watanabe Masayo on topics including reflections on his first year in office, cross-strait relations, China’s military threats, Taiwan-United States relations, and Taiwan-Japan relations. The interview was broadcast on the evening of May 19. During the interview, President Lai stated that China intends to change the world’s rules-based international order, and that if Taiwan were invaded, global supply chains would be disrupted. Therefore, he said, Taiwan will strengthen its national defense, prevent war by preparing for war, and achieve the goal of peace. The president also noted that Taiwan’s purpose for developing drones is based on national security and industrial needs, and that Taiwan hopes to collaborate with Japan. He then reiterated that China’s threats are an international problem, and expressed hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war. Following is the text of the questions and the president’s responses: Q: How do you feel as you are about to round out your first year in office? President Lai: When I was young, I was determined to practice medicine and save lives. When I left medicine to go into politics, I was determined to transform Taiwan. And when I was sworn in as president on May 20 last year, I was determined to strengthen the nation. Time flies, and it has already been a year. Although the process has been very challenging, I am deeply honored to be a part of it. I am also profoundly grateful to our citizens for allowing me the opportunity to give back to our country. The future will certainly be full of more challenges, but I will do everything I can to unite the people and continue strengthening the nation. That is how I am feeling now. Q: We are now coming up on the 80th anniversary of the end of World War II, and over this period, we have often heard that conflict between Taiwan and the mainland is imminent. Do you personally believe that a cross-strait conflict could happen? President Lai: The international community is very much aware that China intends to replace the US and change the world’s rules-based international order, and annexing Taiwan is just the first step. So, as China’s military power grows stronger, some members of the international community are naturally on edge about whether a cross-strait conflict will break out. The international community must certainly do everything in its power to avoid a conflict in the Taiwan Strait; there is too great a cost. Besides causing direct disasters to both Taiwan and China, the impact on the global economy would be even greater, with estimated losses of US$10 trillion from war alone – that is roughly 10 percent of the global GDP. Additionally, 20 percent of global shipping passes through the Taiwan Strait and surrounding waters, so if a conflict breaks out in the strait, other countries including Japan and Korea would suffer a grave impact. For Japan and Korea, a quarter of external transit passes through the Taiwan Strait and surrounding waters, and a third of the various energy resources and minerals shipped back from other countries pass through said areas. If Taiwan were invaded, global supply chains would be disrupted, and therefore conflict in the Taiwan Strait must be avoided. Such a conflict is indeed avoidable. I am very thankful to Prime Minister of Japan Ishiba Shigeru and former Prime Ministers Abe Shinzo, Suga Yoshihide, and Kishida Fumio, as well as US President Donald Trump and former President Joe Biden, and the other G7 leaders, for continuing to emphasize at international venues that peace and stability across the Taiwan Strait are essential components for global security and prosperity. When everyone in the global democratic community works together, stacking up enough strength to make China’s objectives unattainable or to make the cost of invading Taiwan too high for it to bear, a conflict in the strait can naturally be avoided. Q: As you said, President Lai, maintaining peace and stability across the Taiwan Strait is also very important for other countries. How can war be avoided? What sort of countermeasures is Taiwan prepared to take to prevent war? President Lai: As Mr. Sakurai mentioned earlier, we are coming up on the 80th anniversary of the end of WWII. There are many lessons we can take from that war. First is that peace is priceless, and war has no winners. From the tragedies of WWII, there are lessons that humanity should learn. We must pursue peace, and not start wars blindly, as that would be a major disaster for humanity. In other words, we must be determined to safeguard peace. The second lesson is that we cannot be complacent toward authoritarian powers. If you give them an inch, they will take a mile. They will keep growing, and eventually, not only will peace be unattainable, but war will be inevitable. The third lesson is why WWII ended: It ended because different groups joined together in solidarity. Taiwan, Japan, and the Indo-Pacific region are all directly subjected to China’s threats, so we hope to be able to join together in cooperation. This is why we proposed the Four Pillars of Peace action plan. First, we will strengthen our national defense. Second, we will strengthen economic resilience. Third is standing shoulder to shoulder with the democratic community to demonstrate the strength of deterrence. Fourth is that as long as China treats Taiwan with parity and dignity, Taiwan is willing to conduct exchanges and cooperate with China, and seek peace and mutual prosperity. These four pillars can help us avoid war and achieve peace. That is to say, Taiwan hopes to achieve peace through strength, prevent war by preparing for war, keeping war from happening and pursuing the goal of peace. Q: Regarding drones, everyone knows that recently, Taiwan has been actively researching, developing, and introducing drones. Why do you need to actively research, develop, and introduce new drones at this time? President Lai: This is for two purposes. The first is to meet national security needs. The second is to meet industrial development needs. Because Taiwan, Japan, and the Philippines are all part of the first island chain, and we are all democratic nations, we cannot be like an authoritarian country like China, which has an unlimited national defense budget. In this kind of situation, island nations such as Taiwan, Japan, and the Philippines should leverage their own technologies to develop national defense methods that are asymmetric and utilize unmanned vehicles. In particular, from the Russo-Ukrainian War, we see that Ukraine has successfully utilized unmanned vehicles to protect itself and prevent Russia from unlimited invasion. In other words, the Russo-Ukrainian War has already proven the importance of drones. Therefore, the first purpose of developing drones is based on national security needs. Second, the world has already entered the era of smart technology. Whether generative, agentic, or physical, AI will continue to develop. In the future, cars and ships will also evolve into unmanned vehicles and unmanned boats, and there will be unmanned factories. Drones will even be able to assist with postal deliveries, or services like Uber, Uber Eats, and foodpanda, or agricultural irrigation and pesticide spraying. Therefore, in the future era of comprehensive smart technology, developing unmanned vehicles is a necessity. Taiwan, based on industrial needs, is actively planning the development of drones and unmanned vehicles. I would like to take this opportunity to express Taiwan’s hope to collaborate with Japan in the unmanned vehicle industry. Just as we do in the semiconductor industry, where Japan has raw materials, equipment, and technology, and Taiwan has wafer manufacturing, our two countries can cooperate. Japan is a technological power, and Taiwan also has significant technological strengths. If Taiwan and Japan work together, we will not only be able to safeguard peace and stability in the Taiwan Strait and security in the Indo-Pacific region, but it will also be very helpful for the industrial development of both countries. Q: The drones you just described probably include examples from the Russo-Ukrainian War. Taiwan and China are separated by the Taiwan Strait. Do our drones need to have cross-sea flight capabilities? President Lai: Taiwan does not intend to counterattack the mainland, and does not intend to invade any country. Taiwan’s drones are meant to protect our own nation and territory. Q: Former President Biden previously stated that US forces would assist Taiwan’s defense in the event of an attack. President Trump, however, has yet to clearly state that the US would help defend Taiwan. Do you think that in such an event, the US would help defend Taiwan? Or is Taiwan now trying to persuade the US? President Lai: Former President Biden and President Trump have answered questions from reporters. Although their responses were different, strong cooperation with Taiwan under the Biden administration has continued under the Trump administration; there has been no change. During President Trump’s first term, cooperation with Taiwan was broader and deeper compared to former President Barack Obama’s terms. After former President Biden took office, cooperation with Taiwan increased compared to President Trump’s first term. Now, during President Trump’s second term, cooperation with Taiwan is even greater than under former President Biden. Taiwan-US cooperation continues to grow stronger, and has not changed just because President Trump and former President Biden gave different responses to reporters. Furthermore, the Trump administration publicly stated that in the future, the US will shift its strategic focus from Europe to the Indo-Pacific. The US secretary of defense even publicly stated that the primary mission of the US is to prevent China from invading Taiwan, maintain stability in the Indo-Pacific, and thus maintain world peace. There is a saying in Taiwan that goes, “Help comes most to those who help themselves.” Before asking friends and allies for assistance in facing threats from China, Taiwan must first be determined and prepared to defend itself. This is Taiwan’s principle, and we are working in this direction, making all the necessary preparations to safeguard the nation. Q: I would like to ask you a question about Taiwan-Japan relations. After the Great East Japan Earthquake in 2011, you made an appeal to give Japan a great deal of assistance and care. In particular, you visited Sendai to offer condolences. Later, you also expressed condolences and concern after the earthquakes in Aomori and Kumamoto. What are your expectations for future Taiwan-Japan exchanges and development? President Lai: I come from Tainan, and my constituency is in Tainan. Tainan has very deep ties with Japan, and of course, Taiwan also has deep ties with Japan. However, among Taiwan’s 22 counties and cities, Tainan has the deepest relationship with Japan. I sincerely hope that both of you and your teams will have an opportunity to visit Tainan. I will introduce Tainan’s scenery, including architecture from the era of Japanese rule, Tainan’s cuisine, and unique aspects of Tainan society, and you can also see lifestyles and culture from the Showa era.  The Wushantou Reservoir in Tainan was completed by engineer Mr. Hatta Yoichi from Kanazawa, Japan and the team he led to Tainan after he graduated from then-Tokyo Imperial University. It has nearly a century of history and is still in use today. This reservoir, along with the 16,000-km-long Chianan Canal, transformed the 150,000-hectare Chianan Plain into Taiwan’s premier rice-growing area. It was that foundation in agriculture that enabled Taiwan to develop industry and the technology sector of today. The reservoir continues to supply water to Tainan Science Park. It is used by residents of Tainan, the agricultural sector, and industry, and even the technology sector in Xinshi Industrial Park, as well as Taiwan Semiconductor Manufacturing Company. Because of this, the people of Tainan are deeply grateful for Mr. Hatta and very friendly toward the people of Japan. A major earthquake, the largest in 50 years, struck Tainan on February 6, 2016, resulting in significant casualties. As mayor of Tainan at the time, I was extremely grateful to then-Prime Minister Abe, who sent five Japanese officials to the disaster site in Tainan the day after the earthquake. They were very thoughtful and asked what kind of assistance we needed from the Japanese government. They offered to provide help based on what we needed. I was deeply moved, as former Prime Minister Abe showed such care, going beyond the formality of just sending supplies that we may or may not have actually needed. Instead, the officials asked what we needed and then provided assistance based on those needs, which really moved me. Similarly, when the Great East Japan Earthquake of 2011 or the later Kumamoto earthquakes struck, the people of Tainan, under my leadership, naturally and dutifully expressed their support. Even earlier, when central Taiwan was hit by a major earthquake in 1999, Japan was the first country to deploy a rescue team to the disaster area. On February 6, 2018, after a major earthquake in Hualien, former Prime Minister Abe appeared in a video holding up a message of encouragement he had written in calligraphy saying “Remain strong, Taiwan.” All of Taiwan was deeply moved. Over the years, Taiwan and Japan have supported each other when earthquakes struck, and have forged bonds that are family-like, not just neighborly. This is truly valuable. In the future, I hope Taiwan and Japan can be like brothers, and that the peoples of Taiwan and Japan can treat one another like family. If Taiwan has a problem, then Japan has a problem; if Japan has a problem, then Taiwan has a problem. By caring for and helping each other, we can face various challenges and difficulties, and pursue a brighter future. Q: President Lai, you just used the phrase “If Taiwan has a problem, then Japan has a problem.” In the event that China attempts to invade Taiwan by force, what kind of response measures would you hope the US military and Japan’s Self-Defense Forces take? President Lai: As I just mentioned, annexing Taiwan is only China’s first step. Its ultimate objective is to change the rules-based international order. That being the case, China’s threats are an international problem. So, I would very much hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war – prevention, after all, is more important than cure.

    MIL OSI Asia Pacific News –

    July 9, 2025
  • India and Brazil reaffirm strategic partnership with roadmap for next decade

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi paid a State Visit to Brazil on Tuesday at the invitation of President Luiz Inácio Lula da Silva, with both leaders pledging to deepen ties across a wide range of strategic areas.

    In a joint statement, the two nations reaffirmed their commitment to bolster the India-Brazil Strategic Partnership, describing their shared vision as rooted in common values and aimed at advancing peace, prosperity and sustainable development.

    Defence and Security

    PM Modi and President Lula welcomed growing military collaboration, including joint exercises and senior‐level visits. They noted the recent Agreement on the Exchange and Mutual Protection of Classified Information, and established a Bilateral Cybersecurity Dialogue to share expertise on cyber threats. Both condemned the Pahalgam terror attack and voiced Brazil’s solidarity with India. They condemned all forms of terrorism and agreed to deepen action against UN-designated groups such as Lashkar-e-Tayyiba and Jaish-e-Mohammad, including measures at the UN and FATF. An agreement to combat international terrorism and organized crime was also signed, and both leaders pledged support for the UN Convention on Cybercrime at its signing in Hanoi next year.

    They called for UN Security Council reform, backing expansion in permanent and non-permanent seats with fair representation for Asia, Africa and Latin America. Brazil reaffirmed support for India’s bid for a non-permanent Council seat in 2028–29, while India endorsed Brazil’s aspiration for permanent membership. The two urged a UN Charter review conference in 2025, marking the Organization’s 80th anniversary.

    On Middle East peace, both leaders urged a return to diplomacy, endorsing a two-state solution alongside safe humanitarian access in Gaza and backing UNRWA’s mandate. They also called for renewed dialogue to end hostilities in Ukraine.

    Food and Nutritional Security

    As leading agricultural producers, India and Brazil agreed to advance sustainable farming, fair trade and public stockholding for food security. They reaffirmed the goal of eradicating hunger by 2030 and pledged support for the Global Alliance Against Hunger and Poverty. Joint research on crop productivity, animal genetics and biotechnology will be encouraged through collaboration between national R&D bodies.

    Energy Transition and Climate Action

    The leaders underscored strong collaboration on bioenergy and biofuels, reaffirming their commitment to the Global Biofuels Alliance and exploring sustainable aviation fuel. PM Modi welcomed Brazil’s ‘Tropical Forests Forever Fund’ and India confirmed its support for Brazil’s presidency of COP30 in Belém next year.

    Both sides agreed to step up collaboration on climate finance, sustainable development, and a stronger, fairer international financial system, while urging developed countries to meet their Official Development Assistance commitments.

    Digital Cooperation and Emerging Tech

    Acknowledging the transformative potential of digital public infrastructure, artificial intelligence, and quantum technologies, the two countries signed an MoU to deepen cooperation. India and Brazil pledged to work together on global digital governance and boost direct ties between their innovation ecosystems.

    Industrial Partnerships

    Both leaders noted growing bilateral investment flows and agreed to streamline visa processes to boost business and tourism. They invited closer ties in pharmaceuticals- highlighting Indian API firms in Brazil-aviation, defence equipment, mining, and oil and gas, including carbon capture technologies. A ministerial Commerce and Trade Review Mechanism will oversee the implementation of the 2020 Bilateral Investment Cooperation and Facilitation Treaty and the 2022 Double Taxation Protocol.

    July 9, 2025
  • MIL-OSI Australia: Deductible gift recipient reforms

    Source: New places to play in Gungahlin

    Why DGR reforms were made

    The government has announced several reforms to the administration and oversight of organisations with deductible gift recipient (DGR) status.

    These changes are designed to:

    • strengthen governance arrangements
    • reduce administrative complexity
    • ensure continued trust and confidence in the not-for-profit sector.

    DGRs to be registered as a charity

    On 13 September 2021, the Treasury Laws Amendment (2021 Measures No. 2) Act 2021External Link became law.

    As a precondition for DGR endorsement, this Act amends the Income Tax Assessment Act 1997 to require a fund, authority or institution to be either:

    • a registered charity
    • an Australian Government agency
    • operated by a registered charity or an Australian Government agency.

    Before the amendments, a majority of DGR categories required non-government organisations to be registered as charities. The amendments extended this requirement to 11 general DGR categories. This measure doesn’t apply to ancillary funds or DGRs specifically listed in the tax law.

    For more information, see:

    DGR registers reform

    On 28 June 2023, the Treasury Laws Amendment (Refining and Improving our Tax System) Act 2023 became law.

    This Act amends the Income Tax Assessment Act 1997 to transfer administrative responsibility of 4 unique DGR categories from other government departments to the ATO.

    These changes started on 1 January 2024 and repealed provisions that required each of the 4 departments to maintain a separate register.

    From 1 January 2024, transitional provisions apply to those organisations that were already DGR endorsed in one of the 4 unique DGR categories before 1 January 2024. These organisations remain endorsed if they continue to meet eligibility criteria.

    Transitional provisions also apply to those organisations that had an in-progress application with one of the 4 government departments before 1 January 2024. These applications were transferred to us from 1 January 2024.

    For more information, see DGR registers reform transitional provisions.

    Before the transition

    Before 1 January 2024, the 4 unique DGR categories were administered by other Australian Government departments as follows:

    • Register of Cultural Organisations – Department of Infrastructure, Transport, Regional Development, Communications and the Arts
    • Register of Environmental Organisations – Department of Climate Change, Energy, the Environment and Water
    • Register of Harm Prevention Charities – Department of Social Services
    • Overseas Aid Gift Deductibility Scheme – Department of Foreign Affairs and Trade.

    After the transition

    From 1 January 2024, the ATO started assessing eligibility for DGR endorsement for:

    These changes mean we now administer all 52 DGR categories set out in Division 30 of the Income Tax Assessment Act 1997.

    For more information on the transition, see:

    On 28 June 2024, the Treasury Laws Amendment (Support for Small Business and Charities and Other Measures) Act 2024External Link became law.

    This Act amends the Income Tax Assessment Act 1997 and Taxation Administration Act 1953 to establish:

    • 2 new general DGR categories for
      • community charity trust
      • community charity corporations
    • a requirement for a Treasury Minister to formulate guidelines for the 2 new DGR categories.

    These amendments started on 29 June 2024.

    To be eligible for DGR endorsement as a community charity trust or corporation, a trust or company must, among other requirements, be specified in a ministerial declaration in force. Entities seeking to be specified in a ministerial declaration should contact Treasury at dgr@treasury.gov.au.

    Guidelines

    Treasury opened public consultation on the exposure draft guidelines and accompanying explanatory material on 5 November 2024. The consultation period ended on 3 December 2024. You can refer to the outcomes of Treasury’s consultation at Building Community – ministerial guidelines for community foundationsExternal Link.

    The finalised guidelines were registered on 24 February 2025 and are accessible on the Federal Register of Legislation websiteExternal Link.

    Background

    Originally announced by the previous government in the Budget March 2022–23 – Budget Paper No. 2: Budget MeasuresExternal Link, it was proposed that the tax law be amended to specifically list up to 28 community foundations affiliated with the peak body Community Foundations Australia. The specific listing would be time-limited for 5 years, from 1 July 2022 to 30 June 2027.

    A refined model was proposed in the Budget 2023–24– Budget Paper No. 2: Budget MeasuresExternal Link which includes:

    • the removal of the 5-year time limit requirement
    • DGR endorsement by the Commissioner of Taxation under new ministerial guidelines.

    More information

    For more information, see:

    Subscribe to our newsletter for updates

    Subscribe to our monthly not-for-profit newsletter to keep up-to-date with:

    • our new and refreshed guidance
    • the progress of the proposed amendments
    • how to meet your not-for-profit’s tax and super obligations.

    MIL OSI News –

    July 9, 2025
  • MIL-OSI Asia-Pac: LCQ11: Care workers in residential care homes

    Source: Hong Kong Government special administrative region

         Following is a question by the Hon Chau Siu-chung and a written reply by the Secretary for Labour and Welfare, Mr Chris Sun, in the Legislative Council today (July 9):
     
    Question:
     
         Regarding the care workers in various types of residential care homes (RCHs), will the Government inform this Council:

    (1) of the number of (i) local care workers and (ii) imported care workers in all RCHs in Hong Kong in the past three years (up to the end of that year) and at present, together with a breakdown by type of RCHs (i.e. residential care homes for the elderly, residential care homes for persons with disabilities and nursing homes) and mode of operation of RCHs (i.e. (a) subvented RCHs, (b) contract RCHs, (c) non-profit-making self-financing RCHs and (d) private RCHs) (if applicable) (set out in Table 1);(2) in respect of the first to the sixth rounds of applications under the Special Scheme to Import Care Workers for Residential Care Homes (the Special Scheme), of (i) the number of applications, (ii) the number of imported care workers applied for (set out by new quotas and quotas for contract renewal), (iii) the number of approved applications, and (iv) the number of imported care workers approved (set out by new quotas and quotas for contract renewal), together with a breakdown by three types of RCHs and four types of mode of operation of RCHs (if applicable) as mentioned in (1) (set out in Table 2); and the main reasons for not approving the applications;

    Table 2    Type of RCHs:    (3) since the implementation of the Special Scheme, of the following information on the spot checks conducted by the authorities on applicant RCHs in accordance with the mechanism of spot checks of local recruitment records during the processing of each round of application: (i) the staffing establishment and strength of personnel conducting the spot checks, (ii) the number of RCHs which had been requested by the Social Welfare Department in its letters to submit detailed local recruitment records, and (iii) their percentage in the total number of applicant RCHs; whether the authorities had found malpractices such as RCHs being suspected of having provided false information or withheld any information during such spot checks; if so, of the details, including the number and nature of the cases, and whether the authorities had imposed administrative sanctions on or instituted prosecutions against the RCHs concerned, together with a breakdown by type of RCHs and their mode of operation;

    (4) given that according to the requirements of the Special Scheme, RCHs must not displace their existing local care workers with imported care workers and they must comply with the specified ratio of local employees to imported care workers, of the number of RCHs alleged or substantiated to have breached the aforesaid requirements since the implementation of the Special Scheme, as well as the details of the relevant follow-up actions (including the number of cases in which written warnings were issued to and administrative sanctions were imposed on non-compliant RCHs), together with a breakdown by type of RCHs and their mode of operation; 
    President,

         To address the manpower shortage and new manpower demand in residential care homes (RCHs), and to assist the RCH sector in enhancing their service quality, the Government, on the premise of safeguarding the employment priority for local workers, launched the Special Scheme to Import Care Workers for RCHs (the Special Scheme) in June 2023 to allow residential care homes for the elderly (RCHEs) and residential care homes for persons with disabilities (RCHDs) to import care workers on an appropriate scale. The Special Scheme set 7 000 importation quotas when launched, including around 4 000 care workers previously imported through the Supplementary Labour Scheme (SLS), and the relevant quotas were nearly exhausted by the first half of 2024. The Government, having reviewed the demand for and supply of care workers in the sector, announced in July of the same year that the quota ceiling would be adjusted to 15 000 for RCHs to apply for by batches in the following three years.

         Our reply to the Member’s questions, with consolidated information and data of the Social Welfare Department (SWD), Labour Department (LD) and Census and Statistics Department (C&SD), is as follows:

    (1) to (3) The number of local and imported care workers employed by the RCHEs and the RCHDs in Hong Kong in the past three years are set out at Annex 1. The details of the first five rounds of applications and approval results under the Special Scheme are set out at Annex 2, with about 400 rejected cases mainly because the quotas available for that round of applications were exhausted, or the applications did not comply with the requirements of the Special Scheme. The sixth round of applications ended on May 6, 2025, and the SWD is processing the applications for around 500 new quotas.

         There are five staff members in the SWD designated to implement the Special Scheme, including the Social Work Officer grade, the Executive Officer grade and the Clerical grade. To safeguard job opportunities of local care workers, the SWD will conduct random checks on the “Confirmation of Local Recruitment” submitted by the RCHs that apply for joining the Special Scheme, with a view to ensuring that they have conducted local recruitment through channel(s) specified by the Director of Social Welfare but have been unsuccessful in filling the vacancies. Up to March 2025, the SWD has conducted random checks on about 300 local recruitment records of the RCHs, accounting for more than 10 per cent of the total number of applications, and found no case of RCH’s intentionally or knowingly submitting inaccurate information. Nor has any RCH been imposed administrative sanction during that period of time.

    (4) to (6) The LD’s Labour Inspectors (LIs) inspect the workplaces of imported workers and the accommodation provided by employers in Hong Kong for imported workers. The establishment and strength of the LIs responsible for the above work is 37. In the past two years, LIs have carried out a total of 4 407 inspections relating to imported care workers (including cases under the SLS/Enhanced Supplementary Labour Scheme (ESLS) and the Special Scheme), including 2 298 workplace inspections and 2 109 accommodation inspections. Should suspected deprivation of imported workers’ rights and benefits be detected during inspection, the LD will promptly conduct follow-up investigation. Complaints received during the inspections are counted towards the overall number of complaint cases.

         Since the launch of the Special Scheme in June 2023 and up to May 2025, the LD and the SWD have received a total of 47 complaints against the RCHs suspected to have breached the law or the requirements of the Special Scheme. The complaints mainly involved wages (including wage rebates and underpayment of wages) and work arrangements. Among them, there were eight complaints received about the displacement of serving local care workers by imported care workers, of which the Government has completed investigation of seven cases and no irregularities were found. The remaining one case is still under investigation. During the same period, the LD successfully prosecuted an employer that had engaged imported care workers under the Special Scheme. The employer violated the Employees’ Compensation Ordinance by failing to take out employees’ compensation insurance policies and was fined $2,500 by the court. The SWD is examining the case concerned and will consider imposing administrative sanctions as appropriate.

         Since the launch of the Special Scheme, the number of complaint, prosecution and conviction cases per year are tabulated as follows:

    MIL OSI Asia Pacific News –

    July 9, 2025
  • Trump says steep copper tariffs in store as he broadens his trade war

    Source: Government of India

    Source: Government of India (4)

    U.S. President Donald Trump on Tuesday said he would impose a 50% tariff on imported copper and soon introduce long-threatened levies on semiconductors and pharmaceuticals, broadening his trade war that has rattled markets worldwide.

    One day after he pressured 14 trading partners, including powerhouse U.S. suppliers like South Korea and Japan, with fresh tariff letters, Trump reiterated his threat of 10% tariffs on products from Brazil, India and other members of the BRICS group of countries.

    He also said trade talks have been going well with the European Union and China, though he added he is only days away from sending a tariff letter to the EU.

    Trump’s remarks, made during a White House cabinet meeting, could inject further instability into a global economy that has been shaken by the tariffs he has imposed or threatened on imports to the world’s largest consumer market.

    U.S. copper futures jumped more than 10% after Trump’s announcement of new duties on a metal that is critical to electric vehicles, military hardware, the power grid and many consumer goods. They would join duties already in place for steel, aluminum and automobile imports, though it was unclear when the new tariffs might take effect.

    U.S. pharmaceutical stocks also slid following Trump’s threat of 200% tariffs on drug imports, which he said could be delayed by about a year.

    Other countries, meanwhile, said they would try to soften the impact of Trump’s threatened duties after he pushed back a Wednesday deadline to August 1.

    Trump’s administration promised “90 deals in 90 days” after he unveiled an array of country-specific duties in early April. So far only two agreements have been reached, with the United Kingdom and Vietnam. Trump has said a deal with India is close.

    Trump said countries have been clamoring to negotiate.

    “It’s about time the United States of America started collecting money from countries that were ripping us off … and laughing behind our back at how stupid we were,” he said.

    He said late Tuesday that “a minimum of seven” tariff notices would be released on Wednesday morning, and more in the afternoon. He gave no other details in his Truth Social post.

    Trading partners across the globe say it has been difficult to negotiate even framework agreements with the U.S. given the haphazard way new tariffs are announced, complicating their internal discussions about concessions.

    HIGHEST LEVELS SINCE 1934

    Following Trump’s announcement of higher tariffs for imports from the 14 countries, U.S. research group Yale Budget Lab estimated consumers face an effective U.S. tariff rate of 17.6%, up from 15.8% previously and the highest in nine decades.

    Trump’s administration has been touting those tariffs as a significant revenue source. Treasury Secretary Scott Bessent said Washington has taken in about $100 billion so far and could collect $300 billion by the end of the year. The United States has taken in about $80 billion annually in tariff revenue in recent years.

    The S&P 500 finished slightly lower on Tuesday, a day after Wall Street markets sold off sharply following Trump’s new tariffs announcement.

    Trump said he will “probably” tell the European Union within two days what rate it can expect for its exports to the U.S., adding that the 27-member bloc had been treating his administration “very nicely” in trade talks.

    The EU, the largest bilateral trade partner of the U.S., aims to strike a deal before August 1 with concessions for key export industries such as aircraft, medical equipment and spirits, according to EU sources. Brussels is also considering an arrangement that would protect European automakers with large U.S. production facilities.

    However, German Finance Minister Lars Klingbeil warned that the EU was prepared to retaliate if necessary.

    “If we don’t reach a fair trade deal with the U.S., the EU is ready to take counter measures,” he said in the lower house of parliament.

    Japan, which faces a possible 25% tariff – up from 24% first threatened in April – wants concessions for its large automobile industry and will not sacrifice its agriculture sector, a powerful domestic lobby, for the sake of an early deal, top trade negotiator Ryosei Akazawa said on Tuesday.

    South Korea, which also faces a possible 25% tariff, said it planned to intensify trade talks over the coming weeks “to reach a mutually beneficial result.”

    Washington and Beijing agreed to a trade framework in June, but with many of the details still unclear, traders and investors are watching to see if it unravels before a separate, U.S.-imposed August 12 deadline or leads to a lasting detente.

    “We have had a really good relationship with China lately, and we’re getting along with them very well. They’ve been very fair on our trade deal, honestly,” Trump said, adding that he has been speaking regularly with Chinese President Xi Jinping.

    Trump said the United States would impose tariffs of 25% on goods from Tunisia, Malaysia and Kazakhstan; 30% on South Africa and Bosnia and Herzegovina; 32% on Indonesia; 35% on Serbia and Bangladesh; 36% on Cambodia and Thailand; and 40% on Laos and Myanmar.

    (Reuters)

    July 9, 2025
  • MIL-OSI: WeTrade Earns Australian Financial Licence from ASIC

    Source: GlobeNewswire (MIL-OSI)

    LIMASSOL, Cyprus, July 08, 2025 (GLOBE NEWSWIRE) — WeTrade Group, a leading global financial broker, has achieved a significant milestone by securing a licence from the ASIC for its Australian entity, WeTrade Capital (Australia) Pty Ltd (Licence No. 544624). This licence is a key part of WeTrade’s plan to grow in Asia-Pacific and operate with strong regulatory oversight. 

    Trusted Trading, Backed by Australian Regulation 

    The ASIC licence enables WeTrade to provide regulated financial services in Australia, one of the world’s most respected and well-regulated financial markets. This move follows WeTrade’s recent expansion into Europe and demonstrates the company’s ongoing commitment to delivering secure and transparent trading experiences globally. 

    A Word from WeTrade’s CEO: Why This Matters 

    “We are proud to add another prestigious licence to our growing global portfolio. Securing the ASIC licence not only reinforces our reputation as a trusted, multi-asset broker, but also enables us to offer enhanced protection and regulated financial services to more clients worldwide,” said George Miltiadou, CEO of WeTrade. 

    For clients, this matters because regulation by ASIC, one of the world’s most respected financial authorities, means greater trust and accountability. It assures traders that WeTrade operates under strict Australian financial laws, with transparent practices and strong safeguards in place to protect client funds. 

    In an industry where trust is everything, being regulated helps clients trade with greater confidence, knowing they are working with a broker that meets the highest standards of compliance and integrity. 

     In Trust We Trade – Strengthening Global Presence  

    This latest authorisation expands WeTrade’s international regulatory footprint and positions the Group to pursue new opportunities in Australia and surrounding markets. It also underscores the Group’s focus on operating under the supervision of respected regulatory bodies around the world. 

    As WeTrade expands its global reach, the focus remains clear: build a safer, more transparent, and more rewarding trading experience for clients everywhere. 

    About WeTrade 
     
    WeTrade is a globally recognised financial broker, founded in 2015, offering innovative online trading services across a diverse range of CFD instruments. Known for its strong client protection, ultra-low spreads, and award-winning loyalty programs, WeTrade is dedicated to making trading both successful and rewarding. 

    Media Contact

    Organization: WeTrade

    Contact Person Name: CHONG PEI ZHOU

    Website: https://www.wetradebroker.com/

    Email: contactus@wetradebroker.com

    Disclaimer: This press release is provided by WeTrade. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector–including cryptocurrency, NFTs, and mining–complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. Speculate only with funds that you can afford to lose. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2741254a-71f5-4d60-aa06-111ea627393d

    The MIL Network –

    July 9, 2025
  • MIL-OSI: WeTrade Earns Australian Financial Licence from ASIC

    Source: GlobeNewswire (MIL-OSI)

    LIMASSOL, Cyprus, July 08, 2025 (GLOBE NEWSWIRE) — WeTrade Group, a leading global financial broker, has achieved a significant milestone by securing a licence from the ASIC for its Australian entity, WeTrade Capital (Australia) Pty Ltd (Licence No. 544624). This licence is a key part of WeTrade’s plan to grow in Asia-Pacific and operate with strong regulatory oversight. 

    Trusted Trading, Backed by Australian Regulation 

    The ASIC licence enables WeTrade to provide regulated financial services in Australia, one of the world’s most respected and well-regulated financial markets. This move follows WeTrade’s recent expansion into Europe and demonstrates the company’s ongoing commitment to delivering secure and transparent trading experiences globally. 

    A Word from WeTrade’s CEO: Why This Matters 

    “We are proud to add another prestigious licence to our growing global portfolio. Securing the ASIC licence not only reinforces our reputation as a trusted, multi-asset broker, but also enables us to offer enhanced protection and regulated financial services to more clients worldwide,” said George Miltiadou, CEO of WeTrade. 

    For clients, this matters because regulation by ASIC, one of the world’s most respected financial authorities, means greater trust and accountability. It assures traders that WeTrade operates under strict Australian financial laws, with transparent practices and strong safeguards in place to protect client funds. 

    In an industry where trust is everything, being regulated helps clients trade with greater confidence, knowing they are working with a broker that meets the highest standards of compliance and integrity. 

     In Trust We Trade – Strengthening Global Presence  

    This latest authorisation expands WeTrade’s international regulatory footprint and positions the Group to pursue new opportunities in Australia and surrounding markets. It also underscores the Group’s focus on operating under the supervision of respected regulatory bodies around the world. 

    As WeTrade expands its global reach, the focus remains clear: build a safer, more transparent, and more rewarding trading experience for clients everywhere. 

    About WeTrade 
     
    WeTrade is a globally recognised financial broker, founded in 2015, offering innovative online trading services across a diverse range of CFD instruments. Known for its strong client protection, ultra-low spreads, and award-winning loyalty programs, WeTrade is dedicated to making trading both successful and rewarding. 

    Media Contact

    Organization: WeTrade

    Contact Person Name: CHONG PEI ZHOU

    Website: https://www.wetradebroker.com/

    Email: contactus@wetradebroker.com

    Disclaimer: This press release is provided by WeTrade. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector–including cryptocurrency, NFTs, and mining–complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. Speculate only with funds that you can afford to lose. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2741254a-71f5-4d60-aa06-111ea627393d

    The MIL Network –

    July 9, 2025
  • MIL-OSI Russia: Exclusive: Russian-Chinese EXPO is one of the key events influencing the development of trade and economic cooperation — Russian Trade Representative to China

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

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

    Ekaterinburg /Russia/, July 9 /Xinhua/ – The Russian-Chinese EXPO, which is being held for the 9th time, is one of the key events influencing the development of trade and economic cooperation between the two countries, said Russian Trade Representative to China Alexey Dakhnovsky.

    “The Russian-Chinese EXPO is one of the key events influencing the development of bilateral trade and economic cooperation,” A. Dakhnovsky said in an interview with the Xinhua news agency.

    According to him, the significance of this event is difficult to overestimate. Russia and China have created a “basis for deepening cooperation, in order to develop industrial cooperation, technology transfer, investment cooperation, in order to work in innovative areas. And it is very important, A. Dakhnovsky is sure, that the Russian-Chinese EXPO is taking place simultaneously with the Innoprom exhibition, the largest exhibition in Russia demonstrating the achievements of Russian industry. “It seems to me that Chinese companies and Russian companies should use the chance they have to intensify bilateral cooperation in new areas,” the trade representative noted.

    Touching on the topic of regional cooperation, he said that the main event of EXPO for many years has been the regional forum, in which representatives of many Chinese and Russian regions participate.

    “We already have quite a lot of agreements between regions on cooperation, on twinning. These agreements need to be translated into a more practical plane, that is, against the background of developing humanitarian cooperation, we should also develop practical things, that is, trade, investment and technological cooperation,” A. Dakhnovsky emphasized. –0–

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

    July 9, 2025
  • MIL-OSI Russia: The Ministry of Economic Development has updated measures to support the socio-economic development of Siberia

    Translation. Region: Russian Federal

    Source: Ministry of Economic Development (Russia) – Ministry of Economic Development (Russia) –

    An important disclaimer is at the bottom of this article.

    Deputy Minister of Economic Development of Russia Svyatoslav Sorokin took part in a meeting on the socio-economic development of the Siberian Federal District, which was held on July 8 in Omsk under the chairmanship of Deputy Prime Minister of the Russian Federation Dmitry Patrushev. The event was attended by the Plenipotentiary Representative of the President of the Russian Federation in the Siberian Federal District Anatoly Seryshev, heads of regions, representatives of federal ministries and key industry companies.

    “Our main goal is to create opportunities to accelerate the pace of economic growth in Siberian regions, and, of course, to improve the quality of life of people. First of all, we control the implementation of the government’s Strategy for the Development of the Federal District until 2035. About two trillion rubles have already been attracted to its activities, and more than 42 thousand jobs have been created,” said Deputy Prime Minister of the Russian Federation Dmitry Patrushev during the meeting.

    Svyatoslav Sorokin presented a report on amendments to the plan for implementing the Strategy for Socioeconomic Development of the Siberian Federal District. On behalf of the Government, the revised document was submitted on June 27. The updated plan includes individual development programs for the subjects, as well as new investment and infrastructure projects.

    The proposed measures will increase the volume of investment in the district’s economy to 18 trillion rubles, as well as create over 195 thousand jobs. The plan is synchronized with the updated national projects and will be further specified within the framework of the implementation of the Strategy for Spatial Development of the Russian Federation until 2030. Special attention is paid to the development of key settlements: a list of 294 key settlements in the regions of Siberia has been approved.

    During the meeting, an assessment was also given of the implementation of the so-called curatorship projects – these are priority regional initiatives, for the implementation of which the leadership of the Ministry of Economic Development is personally responsible. According to Svyatoslav Sorokin, these projects play a key role in the development of infrastructure, industry, tourism and other sectors. Thanks to these initiatives, over 21 thousand jobs have been created in the district and about 1.4 trillion rubles of extra-budgetary investments have been attracted.

    The report paid special attention to the work on forming a list of priority investment projects in Siberia. On the instructions of the Government, the Ministry of Economic Development, together with other departments, selected 103 projects that have the greatest socio-economic effect on the development of the district’s subjects. The priority list included initiatives with an investment volume of over 3 billion rubles, as well as curatorship projects, industry clusters and initiatives in the field of rare earth metals, agreed upon with the Ministry of Industry and Trade of Russia.

    Particular attention was paid to the implementation of the Spatial Development Strategy (SDS) in the Siberian Federal District. As Svyatoslav Sorokin emphasized, Siberia is in the focus of the federal agenda: by 2030, the target indicators are defined as stabilization of the population at a level no lower than 2023, an increase in the district’s share in housing commissioning to 15.4%, as well as an increase in the ratio of gross regional product per capita to 83.6% of the Russian average.

    To achieve these indicators, the key priority of the SPR is the development of support settlements (SSC). The list approved by the Government Commission for Regional Development included 294 settlements in the territory of the Siberian Federal District.

    “Development of key settlements is a key point of concentration of efforts in Siberia. We see that it is in these territories that the potential for economic growth, improvement of quality of life and increase of investment attractiveness is concentrated. It is important that all support measures are built with an orientation towards spatial logic of development – so that investments work for the comprehensive development of territories, and not pointwise, without taking into account connections and prospects,” emphasized Deputy Minister of Economic Development of Russia Svyatoslav Sorokin.

    Also, within the framework of the implementation of the Spatial Development Strategy and in pursuance of the message of the President of the Russian Federation, the Ministry of Economic Development, together with the regions, is forming a list of cities for the development of master plans. This process is being carried out in the development of decisions of the strategic session of the Government and should be completed by January 2026.

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

    July 9, 2025
  • MIL-OSI Russia: Dmitry Chernyshenko, Valery Falkov and the head of Rosmolodezh Grigory Gurov congratulated Russians on the Day of Family, Love and Fidelity

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – Government of the Russian Federation –

    An important disclaimer is at the bottom of this article.

    Deputy Prime Minister Dmitry Chernyshenko, Minister of Education and Science Valery Falkov and Head of Rosmolodezh Grigory Gurov congratulated Russians on Family, Love and Fidelity Day and spoke about support measures for families in the educational sphere and youth policy.

    “As our President Vladimir Putin said, family in Russia has been and remains the highest value. Today, there are almost 26 thousand student families in universities alone, 13 thousand of whom have children. The state will continue to support them within the framework of the national projects “Youth and Children” and “Family”. Universities are opening mother-and-child rooms, short-term stay groups for children, and universities are providing financial assistance to families. My family also began in my student years. And I want to wish young people not to be afraid to take responsibility, to value each other and to be successful in all areas,” said Dmitry Chernyshenko.

    The support measures at universities also include the transfer of women who have given birth to a child during their studies and those studying with children from a fee-paying to a budget place, assistance in finding employment, free medical services for student families and vouchers to sanatoriums, the possibility of switching to an individual curriculum, information, psychological, legal support for young families, and others. Universities are opening spaces for students’ children – mother-and-child rooms and short-term stay groups for children. Today, 205 of them are already functioning in 151 universities.

    “Family is a source of strength for each of us and the foundation of a full-fledged society. That is why supporting the family, including student families, and preserving traditional family values is the most important part of our country’s state policy,” said Minister of Education and Science Valery Falkov.

    The All-Russian Forum of Young Student Families is being held for the first time at the Gzhel State University, with the participation of families of young teachers and student families. Within the framework of the forum, the student family of Russia – 2025 – the absolute winner of the All-Russian competition “Student Families of Russia” will be announced.

    In addition, Rosmolodezh, the Movement of the First, and other organizations and institutions in the field of youth policy are actively working to strengthen traditional spiritual and moral values among the younger generation and increase the prestige of the family.

    “Young people are often concerned about how to combine their studies and professional development with parenthood. Rosmolodezh pays special attention to this, including within the framework of the national project “Youth and Children”, a modern infrastructure for young families is being created. Thematic programs are held at federal and regional forums. Thus, in May of this year alone, about 243 thousand families attended our events across the country. It is symbolic that the thematic shift “Family” of our flagship forum “Territory of Meanings” is launched on Family, Love and Fidelity Day. This shift caused a real stir – we received more than 4 thousand applications from young families, and today 100 families from different regions of Russia met at the forum to discuss how to preserve traditional values and bring back into fashion the creation of large families,” said the head of Rosmolodezh Grigory Gurov.

    On behalf of Russian President Vladimir Putin, Rosmolodezh is implementing the Region for the Young program. Over the past two years, thanks to the program, spaces for young families have been created in 156 youth centers in 66 regions of Russia. This year, another 104 youth centers are planned to be renovated, and 94 next year.

    In addition, a wide range of projects and programs are presented in which entire families can participate. Thus, in 2023, the year-round youth educational historical and cultural center “Istoki” was opened in the city of Pechory in the Pskov region and Sevastopol – this is the first year-round center that can be visited by families with children. This year, trips are planned, including for the families of military personnel and volunteers of humanitarian missions. Together with their parents, children study the history of their native family, conduct research and get acquainted with the military feat of their ancestors during the Great Patriotic War as part of the all-Russian competition “Family Memory”. The winners go on patriotic tours to places of military or labor glory of a relative.

    Registration is open for the second season of the presidential platform competition “Russia – the Land of Opportunities” “It’s in Our Family”, which was launched in 2023 by the President of Russia during the open lesson “Conversations about the Important”, dedicated to Knowledge Day.

    The Rodnye-Lyubinye family community of the Movement of the First and Rosmolodezh already unites more than 215 thousand families across the country, participants of the Movement of the First, their parents, grandparents. One of the key tasks for 2025 is to expand the community and involve students and young families in the work. This year, the community will continue to implement traditional events: summer gatherings of the Rodnye-Lyubinye family community in the Smolensk region, the Rodnye-Lyubinye family art quarter at the Tavrida.Art festival, and the Rodnye-Lyubinye all-Russian family forum.

    Special nomination

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

    July 9, 2025
  • MIL-OSI China: Beijing sets up Global Digital Economy Collaboration Alliance

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

    The Global Digital Economy Collaboration Alliance was recently established in Beijing under the guidance of the Beijing Municipal Bureau of Economy and Information Technology and the Daxing District People’s Government of Beijing Municipality.

    Twenty-four business groups and firms, including the Euro-Sino Enterprises Association, the Export-Import Bank of China, China Telecom, Li Auto, and KPMG, joined as founding members.

    The alliance is established with a mission of building a new digital globalization ecosystem and empowering enterprises to expand worldwide. Members will aim to establish service standards and evaluation frameworks for overseas expansion, regularly publish best practice case studies, align closely with international digital strategies and corporate needs, and jointly strengthen the global collaborative network for the digital economy.

    The alliance is located at the Beijing Innovation Service Hub for Digital Economy Enterprise Going Global. Based in the Beijing Daxing Economic Development Zone, the hub is China’s first government-led innovation platform dedicated to fostering global expansion for the digital ecosystem.

    With the establishment of the alliance, the hub unveiled its four core innovation service stations to build a one-stop global expansion system covering management, data, technology, talent, and other essential elements.

    MIL OSI China News –

    July 9, 2025
  • MIL-OSI China: Global trade grows by $300B in H1 with uncertain outlook: UN report

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

    This photo taken on July 3, 2025 shows cars for sale at a port in Yokohama, Japan. [Photo/Xinhua]

    Global trade grew by an estimated 300 billion U.S. dollars in the first half (H1) of 2025, despite showing a slower growth pace, the United Nations Trade and Development (UNCTAD) said in a report released Tuesday.

    In its latest Global Trade Update report, the UNCTAD warned that the global trade outlook remains uncertain due to persistent policy instability, geopolitical tensions, and signs of weakening global growth in the second half of the year.

    According to the report, global trade rose by about 1.5 percent in the first quarter and was expected to grow by 2 percent in the second quarter.

    The report noted that price increases contributed to the overall rise in trade value, while trade volumes grew by just 1 percent. Prices for traded goods edged up in the first quarter and continued to rise in the second quarter.

    Services trade remained the primary driver of growth, rising 9 percent over the last four quarters.

    The report showed mixed trends in merchandise trade among major economies in the first quarter of 2025, with developed economies outpacing developing countries. The report attributed this to a 14 percent surge in imports by the United States and a 6 percent rise in exports from the European Union.

    Meanwhile, the United States has seen a widening trade deficit over the last four quarters, contributing to deepened trade imbalances.

    The report also highlighted the heightened risks of trade fragmentation brought by recent U.S. tariffs, including a 10 percent baseline tariff and additional duties on steel and aluminum. It warned that a further wave of unilateral actions could trigger trade tensions. 

    MIL OSI China News –

    July 9, 2025
  • MIL-OSI Europe: Highlights – 14-15 July: Danish Presidency, US, Economic Security, Indonesia, Ukraine and Moldova – Committee on International Trade

    Source: European Parliament

    On 15 July, Members will exchange with Danish Minister for Foreign Affairs Lars Løkke Rasmussen on the priorities of the Danish Presidency for trade policy. On 14 July Members will jointly exchange on the state of play of EU-US relations and consider the INTA opinion to the AFET own initiative report on EU-US political relations. Members will vote on the INTA opinion to the JURI report on the CSDDD Omnibus proposal.

    Members will also vote on the draft recommendation on the accession of Vanuatu to the Interim Partnership Agreement between the European Community, of the one part, and the Pacific States, of the other part.

    During a joint INTA-ITRE meeting, the Commission will present the proposal on the phasing out of Russian natural gas imports and improving monitoring of potential energy dependencies.

    Members will exchange on the Comprehensive Economic Partnership Agreement between the EU and Indonesia.

    INTA will hold a public hearing on “Trade and economic security: navigating protectionism and geopolitical challenges in an unpredictable world order” (see separate item).

    Members will consider the draft resolution and consent recommendation for the Digital Trade Agreement between the EU and Singapore.

    Members will exchange on the review of the EU’s Deep and Comprehensive Free Trade Areas with Ukraine and Moldova.

    INTA will hold an exchange on the EU-UK agreement in respect of Gibraltar.

    MIL OSI Europe News –

    July 9, 2025
←Previous Page
1 … 43 44 45 46 47 … 410
Next Page→
NewzIntel.com

NewzIntel.com

MIL Open Source Intelligence

  • Blog
  • About
  • FAQs
  • Authors
  • Events
  • Shop
  • Patterns
  • Themes

Twenty Twenty-Five

Designed with WordPress