Category: Trade

  • MIL-OSI: FLNG Gimi reaches Commercial Operations Date and Golar progresses FLNG growth

    Source: GlobeNewswire (MIL-OSI)

    Golar LNG Limited (“Golar”) is pleased to announce that FLNG Gimi has reached the Commercial Operations Date (“COD”) for its 20-year Lease and Operate Agreement for the Greater Tortue Ahmeyim (“GTA”) project offshore Mauritania and Senegal. The COD triggers the start of the 20-year Lease and Operate Agreement that unlocks the equivalent of around $3 billion of Adjusted EBITDA backlog (Golar’s share).

    The COD milestone marks a major achievement for one of Africa’s deepest offshore developments which introduce Mauritania and Senegal as LNG exporters. We look forward to continuing working together with the GTA operator bp and its partners Kosmos, PETROSEN and SMH as well as Mauritanian and Senegalese authorities to deliver safe and reliable operations and to create value to all stakeholders.

    Following the achieved COD of FLNG Gimi and announcement of the two FLNG charters in Argentina on May 2, 2025, Golar is accelerating work on its next FLNG unit(s). We continue to advance commercial discussions, with charterer demand guiding design choice of the fourth FLNG unit. In addition to the 3.5mtpa MKII option at CIMC Raffles shipyard, Golar has signed a final engineering study to confirm EPC price and delivery for a 5mtpa MKIII FLNG and is updating price and schedule for an up to 2.7mtpa MKI FLNG.

    FORWARD LOOKING STATEMENTS
    This press release contains forward-looking statements (as defined in Section 21E of the Securities Exchange Act of 1934, as amended) which reflect management’s current expectations, estimates and projections about its operations. All statements, other than statements of historical facts, that address activities and events that will, should, could or may occur in the future are forward-looking statements. Words such as “may,” “could,” “should,” “would,” “expect,” “plan,” “anticipate,” “intend,” “forecast,” “believe,” “estimate,” “predict,” “propose,” “potential,” “continue,” “subject to” or the negative of these terms and similar expressions are intended to identify such forward-looking statements.

    These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, some of which are beyond our control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Golar LNG Limited undertakes no obligation to update publicly any forward-looking statements whether as a result of new information, future events or otherwise, unless required by applicable law.

    Hamilton, Bermuda
    June 23, 2025

    Investor Questions: +44 207 063 7900
    Karl Fredrik Staubo – CEO
    Eduardo Maranhão – CFO
    Stuart Buchanan – Head of Investor Relations

    This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

    The MIL Network

  • MIL-OSI: Correction(sequence # amended): Danske Bank share buy-back programme: transactions in week 25

    Source: GlobeNewswire (MIL-OSI)

    Company announcement no. 30 2025

    Danske Bank

    Bernstorffsgade 40

    DK-1577 København V

    Tel. + 45 33 44 00 00

    23 June 2025

    Page 1 of 1

    Danske Bank share buy-back programme: transactions in week 25

    On 7 February 2025, Danske Bank A/S announced a share buy-back programme for a total of DKK 5 billion, with a maximum of 45,000,000 shares, in the period from 10 February 2025 to 30 January 2026, at the latest, as described in company announcement no. 6 2025.

    The Programme is carried out in accordance with Article 5 of Regulation (EU) No 596/2014 of the European Parliament and Council of 16 April 2014 (the “Market Abuse Regulation”) and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (together with the Market Abuse Regulation, the “Safe Harbour Rules”).

    The following transactions on Nasdaq Copenhagen A/S were made under the share buy-back programme in week 25:

      Number of shares VWAP DKK Gross value DKK
    Accumulated, last announcement 6,905,843 229.2970 1,583,489,270
    16 June 2025 49,441 260.3803 12,873,462
    17 June 2025 50,000 257.7752 12,888,760
    18 June 2025 88,832 256.1210 22,751,741
    19 June 2025 101,760 254.5391 25,901,899
    20 June 2025 54,462 255.6107 13,921,070
    Total accumulated over week 25 344,495 256.4244 88,336,932
    Total accumulated during the share buyback programme 7,250,338 230.5860 1,671,826,202

    With the transactions stated above, the total accumulated number of own shares under the share buy-back programme corresponds to 0.868% of Danske Bank A/S’ share capital.

    Danske Bank

    Contact: Claus Ingar Jensen, Head of Group Investor Relations, tel. +45 25 42 43 70

    This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

    Attachment

    The MIL Network

  • MIL-OSI Africa: Deputy President concludes working visit to Russia

    Source: South Africa News Agency

    Deputy President concludes working visit to Russia

    Deputy President Paul Mashatile has returned to South Africa after successfully concluding a working visit to Russia, which included engagements in Moscow and St. Petersburg, said the Presidency on Monday.

    His activities were focused on strengthening the bilateral trade and economic relations between South Africa and Russia.
    Deputy President Mashatile arrived in Moscow on Tuesday, 17 June 2025. 

    He was welcomed by Russia’s Deputy Head of State Protocol Andrei Milyaev, Deputy Director of the African Department Andrei Stotlarov, and Deputy Minister of International Relations and Cooperation Alvin Botes. 

    The visit began in earnest with the Deputy President laying wreaths at the Mausoleum of Moses Kotane and J.B. Marks, located in the Novodevichy Cemetery, a United Nations Heritage Site in Moscow.

    Kotane and Marks were anti-apartheid activists who played pivotal roles in the South African Communist Party and the African National Congress. 

    Initially buried for years in Moscow, their remains were subsequently returned by the South African Government and reburied in the North West in 2015.

    In Moscow, Deputy President Mashatile met with Prime Minister Mikhail Mishustin at the Russian House of the Government. 
    They discussed opportunities for enhancing bilateral political and economic cooperation between South Africa and Russia.
    The dialogue focused on various areas for further collaboration, including trade and investment, minerals and energy, agriculture, health, and education.

    Deputy President Mashatile travelled to St. Petersburg State University, where he delivered a public lecture on the theme “South Africa’s G20 Presidency in a Rapidly Changing Geopolitical Environment.” 

    The audience for the lecture included faculty professors, students, members of the academic community, as well as media representatives and members of the diplomatic corps.

    READ | Deputy President calls for solidarity as global landscape changes

    In St. Petersburg, the Deputy President visited President Vladimir Putin at the Constantine Palace, where they held bilateral meetings with the Russian delegation, which included Foreign Minister Sergey Lavrov.

    The Deputy President expressed gratitude, on behalf of President Cyril Ramaphosa and the citizens, for Russia’s support in the anti-apartheid struggle and its contributions to socio-economic emancipation beyond the achievement of freedom and democracy.

    “I have been tasked by the President to work tirelessly towards the translation of the strong foundation of our strategic relations into higher trade and economic ties for the mutual benefit of our countries and our people,” said the Deputy President.

    He delivered remarks during the plenary session of the St. Petersburg International Economic Forum (SPIEF’25), following President Putin’s address. 

    READ | SA supports the inclusion of more voices at SPIEF 

    In addition, the Deputy President spoke at the South African Trade and Investment Seminar at SPIEF’25, which was attended by business and government leaders from both Russia and South Africa.

    “We are pleased to note that through regular Parliamentary exchanges and engagements, we have been able to address common challenges, explore new opportunities for collaboration, and deepen our friendship,” he said.

    The Deputy President also met with the Chairman of the State Duma, Vyacheslav Volodin. 

    The Deputy President expressed his appreciation for the ongoing collaboration between the State Duma and South Africa throughout the years. 

    He emphasised the significance of parliamentary diplomacy as a means to enhance government initiatives, promote dialogue, and facilitate progress in trade and other sectors.

    He concluded his trip with a guided tour and site visit to the Port of St. Petersburg, where he met with the port’s leadership and workers.
    This site visit followed discussions by officials from Russia and South Africa during the 18th Session of the Intergovernmental Committee on Trade and Economic Cooperation (ITEC). 

    During these talks, the two countries finalised their cooperation in the maritime sector and agreed to collaborate with participants from the logistics industry and port authorities of both nations to ensure the mutually beneficial use of port infrastructure.

    Deputy President Mashatile also had the opportunity to sit down with two major Russian television news networks, Russia Today and Sputnik Africa, where he reflected on some important insights from his working visit. 

    Key takeaways included a strong emphasis on enhancing economic cooperation in various sectors such as agriculture, automotive, energy, mining, and collaboration in science and technology. – SAnews.gov.za

    Gabisile

    MIL OSI Africa

  • MIL-OSI: Global Net Lease Successfully Closes Third and Final Phase of Multi-Tenant Portfolio Sale

    Source: GlobeNewswire (MIL-OSI)

    — Sale of 12 Properties Generates Approximately $313 Million in Gross Proceeds

    — Portfolio Sale Completed; Accelerates Deleveraging Plan and Transforms GNL to Single-Tenant Net Lease REIT

    NEW YORK, June 23, 2025 (GLOBE NEWSWIRE) — Global Net Lease, Inc. (NYSE: GNL) (“GNL” or the “Company”) announced that it has completed the final phase of its multi-tenant portfolio sale to RCG Ventures, LLC on June 18, 2025, including 12 encumbered properties. This third phase generated approximately $313 million in gross proceeds1, bringing total gross proceeds from the portfolio sale to $1.8 billion2. GNL plans on using the incremental net proceeds from the third phase of the multi-tenant portfolio sale to further reduce leverage by paying down the outstanding balance on GNL’s Revolving Credit Facility.

    The multi-tenant portfolio sale simplifies GNL’s portfolio and sharpens its strategic focus by becoming a pure-play net lease owner and operator. This transition is expected to generate approximately $6.5 million in recurring annual G&A savings, along with additional cash savings from a substantial reduction in annual capital expenditures. GNL also believes the multi-tenant portfolio sale will create significant efficiencies in its operations by eliminating the complexities associated with managing multi-tenant retail properties.

    “The completion of our multi-tenant portfolio sale marks the final step in our evolution into a pure-play single-tenant net lease company with streamlined operations and improved portfolio quality,” said Michael Weil, CEO of GNL. “Divesting these multi-tenant assets has strengthened our balance sheet by accelerating our deleveraging efforts and improving liquidity. We remain focused on achieving an investment-grade credit rating, which we believe will lower our cost of capital and increase our financial stability. We are confident that this strengthened foundation will support continued growth and value creation for our shareholders.”

    About Global Net Lease, Inc.

    Global Net Lease, Inc. (NYSE: GNL) is a publicly traded internally managed real estate investment trust that focuses on acquiring and managing a global portfolio of income producing net lease assets across the U.S., and Western and Northern Europe. Additional information about GNL can be found on its website at www.globalnetlease.com. 

    Important Notice

    The statements in this press release that are not historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties that could cause the outcome to be materially different. The words such as “may,” “will,” “seeks,” “anticipates,” “believes,” “expects,” “estimates,” “projects,” “potential,” “predicts,” “plans,” “intends,” “would,” “could,” “should” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These forward-looking statements are subject to a number of risks, uncertainties and other factors, many of which are outside of the Company’s control, which could cause actual results to differ materially from the results contemplated by the forward-looking statements. These risks and uncertainties include the risks that any potential future acquisition or disposition by the Company is subject to market conditions, capital availability and timing considerations and may not be identified or completed on favorable terms, or at all. Some of the risks and uncertainties, although not all risks and uncertainties, that could cause the Company’s actual results to differ materially from those presented in the Company’s forward-looking statements are set forth in the “Risk Factors” and “Quantitative and Qualitative Disclosures about Market Risk” sections in the Company’s Annual Report on Form 10-K, its Quarterly Reports on Form 10-Q, and all of its other filings with the U.S. Securities and Exchange Commission, as such risks, uncertainties and other important factors may be updated from time to time in the Company’s subsequent reports. Further, forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update or revise any forward-looking statement to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time, unless required by law.

    Contacts:
    Investor Relations
    Email: investorrelations@globalnetlease.com
    Phone: (332) 265-2020

    Footnotes:
    1 Includes a $210 million mortgage that is being assumed by RCG Ventures, LLC.
    2 Includes $256 million and $210 million mortgages being assumed by RCG Ventures, LLC.

    The MIL Network

  • MIL-OSI: Global Net Lease Successfully Closes Third and Final Phase of Multi-Tenant Portfolio Sale

    Source: GlobeNewswire (MIL-OSI)

    — Sale of 12 Properties Generates Approximately $313 Million in Gross Proceeds

    — Portfolio Sale Completed; Accelerates Deleveraging Plan and Transforms GNL to Single-Tenant Net Lease REIT

    NEW YORK, June 23, 2025 (GLOBE NEWSWIRE) — Global Net Lease, Inc. (NYSE: GNL) (“GNL” or the “Company”) announced that it has completed the final phase of its multi-tenant portfolio sale to RCG Ventures, LLC on June 18, 2025, including 12 encumbered properties. This third phase generated approximately $313 million in gross proceeds1, bringing total gross proceeds from the portfolio sale to $1.8 billion2. GNL plans on using the incremental net proceeds from the third phase of the multi-tenant portfolio sale to further reduce leverage by paying down the outstanding balance on GNL’s Revolving Credit Facility.

    The multi-tenant portfolio sale simplifies GNL’s portfolio and sharpens its strategic focus by becoming a pure-play net lease owner and operator. This transition is expected to generate approximately $6.5 million in recurring annual G&A savings, along with additional cash savings from a substantial reduction in annual capital expenditures. GNL also believes the multi-tenant portfolio sale will create significant efficiencies in its operations by eliminating the complexities associated with managing multi-tenant retail properties.

    “The completion of our multi-tenant portfolio sale marks the final step in our evolution into a pure-play single-tenant net lease company with streamlined operations and improved portfolio quality,” said Michael Weil, CEO of GNL. “Divesting these multi-tenant assets has strengthened our balance sheet by accelerating our deleveraging efforts and improving liquidity. We remain focused on achieving an investment-grade credit rating, which we believe will lower our cost of capital and increase our financial stability. We are confident that this strengthened foundation will support continued growth and value creation for our shareholders.”

    About Global Net Lease, Inc.

    Global Net Lease, Inc. (NYSE: GNL) is a publicly traded internally managed real estate investment trust that focuses on acquiring and managing a global portfolio of income producing net lease assets across the U.S., and Western and Northern Europe. Additional information about GNL can be found on its website at www.globalnetlease.com. 

    Important Notice

    The statements in this press release that are not historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties that could cause the outcome to be materially different. The words such as “may,” “will,” “seeks,” “anticipates,” “believes,” “expects,” “estimates,” “projects,” “potential,” “predicts,” “plans,” “intends,” “would,” “could,” “should” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These forward-looking statements are subject to a number of risks, uncertainties and other factors, many of which are outside of the Company’s control, which could cause actual results to differ materially from the results contemplated by the forward-looking statements. These risks and uncertainties include the risks that any potential future acquisition or disposition by the Company is subject to market conditions, capital availability and timing considerations and may not be identified or completed on favorable terms, or at all. Some of the risks and uncertainties, although not all risks and uncertainties, that could cause the Company’s actual results to differ materially from those presented in the Company’s forward-looking statements are set forth in the “Risk Factors” and “Quantitative and Qualitative Disclosures about Market Risk” sections in the Company’s Annual Report on Form 10-K, its Quarterly Reports on Form 10-Q, and all of its other filings with the U.S. Securities and Exchange Commission, as such risks, uncertainties and other important factors may be updated from time to time in the Company’s subsequent reports. Further, forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update or revise any forward-looking statement to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time, unless required by law.

    Contacts:
    Investor Relations
    Email: investorrelations@globalnetlease.com
    Phone: (332) 265-2020

    Footnotes:
    1 Includes a $210 million mortgage that is being assumed by RCG Ventures, LLC.
    2 Includes $256 million and $210 million mortgages being assumed by RCG Ventures, LLC.

    The MIL Network

  • MIL-OSI Canada: Minister Hodgson to Provide Keynote Address in Toronto

    Source: Government of Canada News

    TORONTO — The Minister of Energy and Natural Resources, the Honourable Tim Hodgson, will provide a keynote address and take part in a fireside chat with the Toronto Regional Board of Trade.

    Date:   Wednesday, June 25, 2025

    Time: Registration from 11 a.m. to 12 p.m. ET.

    Remarks begin at 12 p.m. ET

    All accredited media are asked to pre-register by emailing media@nrcan-rncan.gc.ca. Details on how to participate will be provided upon registration.

    MIL OSI Canada News

  • MIL-OSI United Kingdom: Industrial Strategy to boost growth and jobs in Wales

    Source: United Kingdom – Executive Government & Departments

    Press release

    Industrial Strategy to boost growth and jobs in Wales

    Modern Industrial Strategy will make the UK the best country to invest in and grow a business and support tens of thousands of new jobs in Wales.

    The UK’s Modern Industrial Strategy

    • Electricity costs for thousands of businesses to be slashed by up to 25%   
    • UK Government to establish a centre for doctoral training in semiconductors, led by Swansea University
    • Welsh businesses to benefit from innovation funding, access to finance, faster grid connections and better-equipped sites for expansion. 

    Wales is set for increased economic growth, billions in investment and tens of thousands of new jobs supported over the next decade as a result of the UK Government’s modern Industrial Strategy, which is published today (Monday 23 June).  

    The Strategy contains measures to forge a new relationship between business and government, making Wales and the UK the best place to start and scale up a business. 

    It will unlock growth across Wales, targeting areas of strength from the country’s strengths in aerospace in North Wales to the world’s first compound semiconductor cluster in South Wales.   

    More than 7,000 UK businesses are set to see their electricity bills slashed by up to 25%. British manufacturers currently pay some of the highest electricity prices in the developed world— in some cases, double the European average, while businesses looking to expand or modernise have faced delays when it comes to connecting to the grid.

    For too long these challenges have held back growth and made it harder for firms to compete globally. Today’s announcement marks a decisive shift — with government stepping in to support industry and unlock the UK’s economic potential.

    From 2027, the new British Industrial Competitiveness Scheme will reduce electricity costs by up to £40 per megawatt hour for over 7,000 electricity-intensive businesses in manufacturing sectors like automotive, aerospace and chemicals.

    These firms, which support over 300,000 skilled jobs across the UK will be exempt from paying levies such as the Renewables Obligation, Feed-in Tariffs and the Capacity Market — helping level the playing field and make them more internationally competitive. Eligibility and further details on the exemptions will be determined following consultation, which will be launched shortly.

    The UK Government is also increasing support for the most energy-intensive firms — like steel, chemicals, and glass — by covering more of the electricity network charges they normally have to pay through the British Industry Supercharger. These businesses currently get a 60% discount on those charges, but from 2026, that will increase to 90%. This means their electricity bills will go down, helping them stay competitive, protect jobs, and invest in the future.

    These reforms complement the government’s long-term mission for clean power, which is the only way to bring down bills for good by ending the UK’s dependency on volatile fossil fuel markets.

    The Industrial Strategy is a 10-year plan to promote business investment and growth and make it quicker, easier and cheaper to do business in the UK, giving businesses the confidence to invest and create 1.1 million good, well-paid jobs in thriving industries – delivering on this government’s Plan for Change. 

    Wales is already punching above its weight in many of the growth driving sectors set out in the Industrial Strategy. 

    The key measures for Wales are: 

    • More than £4bn for the advanced manufacturing sector in the UK over the next 5 years. Wales has a leading advanced manufacturing sector with companies such as Airbus based in Broughton in north Wales. 

    • UK Government to establish a centre for doctoral training in semiconductors, led by Swansea University, building on the world-leading cluster based in south Wales.   

    • A Defence Growth Deal cluster to build on Wales’s major strengths. The top five Ministry of Defence suppliers all have a footprint in Wales. 

    • A new British Business Bank champion for the Cardiff Capital Region to connect investors with businesses and kickstart growth. 

    • £30m for a Local Innovation Partnerships Fund in Wales to work with the Welsh Government and Innovate UK to grow innovation.  

    • The National Wealth Fund working with the Development Bank of Wales to identify and secure financing for investment projects in Wales. 

    • Support for the UK’s city regions and clusters by increasing the supply of investible sites through a new £600m Strategic Sites Accelerator, enhanced regional support from the Office for Investment, National Wealth Fund, and British Business Bank, and more. 

    • Strengthened support from the Office for Investment to help identify, shape and deliver strategic investment opportunities across the UK. 

    Prime Minister Keir Starmer said:  

    This Industrial Strategy marks a turning point for Britain’s economy and a clear break from the short-termism and sticking plasters of the past.

    In an era of global economic instability, it delivers the long term certainty and direction British businesses need to invest, innovate and create good jobs that put more money in people’s pockets as part of the plan for change.

    This is how we power Britain’s future – by backing the sectors where we lead, removing the barriers that hold us back, and setting out a clear path to build a stronger economy that works for working people. Our message is clear – Britain is back and open for business.

    Secretary of State for Wales Jo Stevens said: 

    Wales has huge potential and our government’s Industrial Strategy will harness the strengths of our businesses and workforce to drive growth and create jobs. 

    The strategy will support key sectors like aerospace and compound semiconductors while developing industries of the future like floating offshore wind where Wales is well-placed to be a world leader. 

    Our modern Industrial Strategy is built to last and make Wales one of the best places to invest and do business. Working alongside Welsh Government we will boost growth, raise wages and create wealth across our country.”  

    Business and Trade Secretary Jonathan Reynolds said: 

    We’ve said from day one Britain is back in business under this government, and the £100 billion of investment we’ve secured in the past year shows our Plan for Change is already delivering for working people. 

    Our Modern Industrial Strategy will ensure the UK is the best country to invest and do business, delivering economic growth that puts more money in people’s pockets and pays for our NHS, schools and military. 

    Not only does this Strategy prioritise investment to attract billions for new business sites, cutting-edge research, and better transport links, it will also make our industrial energy prices globally competitive.  

    Tackling energy costs and fixing skills has been the single biggest ask of us from businesses and the greatest challenge they’ve faced – this government has listened, and now we’re taking the bold action needed. Government and business working hand in hand to make working people better of is what this Government promised and what we will deliver.” 

    Sarah Williams-Gardener, Chair of Fintech Wales, said:

    We are delighted to see financial services recognised as a key sector in this Industrial Strategy. We look forward to working closely with the Government to help unlock the sector’s full potential. 

    The emphasis on AI and the compute power required to support its development is particularly welcome, as we begin to see generative AI driving innovation across financial services—empowering both providers and customers through the next generation of digital banking platforms.

    Frank Holmes, Founding Partner of Gambit Corporate Finance and Chair of the Cardiff Capital Region Investment Board, said: 

    Today’s announcements mark a timely and important shift towards a connected, strategic approach to economic growth. The renewed focus on industrial strategy and SME finance speaks directly to the opportunities we are unlocking in the Cardiff Capital Region. We have backed innovative and scalable businesses like Whisper TV, showcasing how tailored regional finance can drive job creation, innovation and global reach.  

    The UK’s commitment to extending SME access to finance aligns perfectly with the ecosystem we are building  in CCR as a proven delivery partner and a model for regional economic development.” 

    Louise Harris, CEO of Tramshed Tech in Cardiff, said: 

    The launch of the UK Government’s Industrial Strategy is a pivotal moment for our tech and innovation ecosystem. By aligning local strengths with national ambition, this strategy provides a powerful platform for Welsh businesses to grow, attract investment and lead in emerging sectors such as technology, advanced manufacturing, and creative industries.  

    This strategy recognises that innovation isn’t just about technology in isolation – it’s about creating sustainable, high-quality jobs while tackling real-world challenges. This approach will create the perfect environment for startups and scale-ups to thrive, knowing they have both the infrastructure, skills and strategic support to take their innovations from Wales to the world.” 

    The Industrial Strategy is a 10-year plan to promote business investment and growth and make it quicker, easier and cheaper to do business in the UK, giving businesses the confidence to invest and create good, well-paid jobs in thriving industries – delivering on this government’s Plan for Change. 

    Investment from private companies is essential to creating new jobs, growing the economy and securing public services. That is why the Strategy will also introduce measures to make it quicker, easier and more profitable for businesses to invest in the UK, with the aim of significantly increasing businesses investment and in key growth sectors by 2035 and helping to create 1.1 million well paid jobs across all corners of the UK. 

    It will realise Wales’ economic potential and raise wages and living standards to a level that the people of Wales deserve.  

    The UK Government’s plans address the main barriers to growth, making it easier and quicker to do business and invest in Wales.  

    The Strategy’s bold plan of action includes: 

    • Slashing electricity costs by 20-25% to level the playing field for energy-hungry industries like chemicals and key growth sectors like automotive. 

    • Unlocking billions in finance for innovative business, especially for SMEs by increasing British Business Bank capacity to £25.6 billion, crowding in tens of billions of pounds more in private capital.  

    • Reducing regulatory burdens by cutting the administrative costs of regulation for business by 25% and reduce the number of regulators.   

    • Boosting R&D spending to £22.6bn per year by 2029-30 to drive innovation across the IS-8, with more than £2bn for AI over the Spending Review, and £2.8bn for advanced manufacturing over the next ten years. This will leverage in billions more from private investors. Regulatory changes will further clear the path for fast-growing industries and innovative products such as biotechnology, AI, and autonomous vehicles.

    • Attracting elite global talent to our key sectors, via visa and migrations reforms and a new the Global Talent Taskforce.  

    • Revolutionising public procurement and reducing barriers for new entrants and SMEs to bolster domestic competitiveness.  

    Five sector plans have also been published today:

    • Advanced Manufacturing – Backing our Advanced Manufacturing sector with up to £4.3 billion in funding, including up to £2.8 billion in R&D over the next five years, with the aim of anchoring supply chains in the UK – from increasing vehicle production to 1.35 million, to leading the next generation of technologies for zero emission flight.

    • Clean Energy Industries – Doubling investment in Clean Energy Industries by 2035, with Great British Energy helping to build the clean power revolution in Britain with a further £700 million in clean energy supply chains, taking the total funding for the Great British Energy Supply Chain fund to £1 billion.

    • Creative Industries – Maximizing the value of our Creative Industries through a £380 million boost for film and TV, video games, advertising and marketing, music and visual and performing arts will improve access to finance for scale-ups and increase R&D, skills and exports.

    • Digital and Technologies – Making the UK the European leader for creating and scaling Digital and Technology businesses, with more than £2 billion to drive the AI Action Plan, including a new Sovereign AI Programme and targeting R&D investment at frontier technologies such as cyber security in Northern Ireland, semiconductors in Wales and quantum technologies in Scotland. 

    • Professional and Business Services – Ensuring our Professional and Business Services becomes the world’s most trusted adviser to global industry, revolutionising the sector across the world through adoption of UK-grown AI and working to secure mutual recognition of professional qualifications agreements overseas.

    ENDS

    Updates to this page

    Published 23 June 2025

    MIL OSI United Kingdom

  • MIL-OSI: Official Launch of Virtune Coinbase 50 Index ETP Marked by Bell Ringing in Frankfurt

    Source: GlobeNewswire (MIL-OSI)

    Stockholm, June 23, 2025 – Virtune, the Swedish regulated crypto asset manager, celebrated the official launch of its latest exchange-traded product, the Virtune Coinbase 50 Index ETP, with a ceremonial bell ringing at Deutsche Börse Xetra in Frankfurt on June 17, together with Coinbase.

    The ceremony, held together with Coinbase, marks a significant milestone in Virtune’s European expansion and reinforces its position as a leading issuer of regulated, physically backed crypto ETPs. The product is available to Swedish investors via online brokers such as Avanza and Montrose.

    Virtune listed the product on Xetra on June 2, 2025, making the Virtune Coinbase 50 Index ETP the first ETP in Europe to track the Coinbase 50 Europe Index – a broadly diversified index representing up to 50 leading crypto assets. The index is developed by Coinbase and administered by MarketVector Indexes™. Currently, the product holds 21 crypto assets, with the expansion to include all 50 assets subject to regulatory and exchange approvals.

    The Coinbase 50 Europe Index is designed to become the crypto market’s equivalent of the S&P 500, aiming to provide investors with a comprehensive and representative selection of the largest and most relevant crypto assets in the market. The product targets both institutional and retail investors seeking regulated, transparent, and professional exposure to digital assets.

    Christopher Kock, CEO of Virtune:
    “This ceremony clearly signals our long-term commitment to the European market. Standing on the podium in Frankfurt with our partners from Coinbase and MarketVector reflects the strength of collaboration, innovation, and regulated growth. We are here to help shape the future of crypto investing in Europe.”

    The Virtune Coinbase 50 Index ETP is available to both institutional and retail investors across Europe and is traded in EUR. The product is 100% physically backed by the underlying crypto assets, which are stored with institutional-grade security by Coinbase, and has an annual fee of 0.95%.

    Learn more about the product here:
    www.virtune.com/product/vcoin50

    Key Information about the Product:
    Exposure:
    Exposure to up to 50 leading crypto assets in one product
    Underlying assets:
    100% physically backed by the underlying crypto assets
    Custody:
    Institutional-grade custody by Coinbase
    Management Fee:
    0.95% per annum
    Trading currency:
    EUR
    First day of trading:
    Monday, 2nd of June 2025
    Bloomberg Ticker: 
    VCOIN50
    ISIN:
    SE0024738389
    WKN:
    A4A5D4
    Exchange ticker: 
    VRTC
    Exchanges:
    Deutsche Börse Xetra

    For questions, contact:
    Christopher Kock, CEO & Member of the Board of Directors
    Mobile: +46 70 073 45 64
    Email: christopher@virtune.com

    About Virtune AB (Publ):
    Virtune with its headquarters in Stockholm is a regulated Swedish digital asset manager and issuer of crypto exchange traded products on regulated European exchanges. With regulatory compliance, strategic collaborations with industry leaders and our proficient team, we empower investors on a global level to access innovative and sophisticated investment products that are aligned with the evolving landscape of the global crypto market.

    Crypto investments are associated with high risk. Virtune does not provide investment advice; investments are made at your own risk. Securities may increase or decrease in value, there is no guarantee of getting back invested capital. Read the prospectus, KID, terms at virtune.com.

    The Coinbase 50 Europe Index (“Index”) is the exclusive property of MarketVector Indexes GmbH (“MarketVector”) and its Licensors and has been licensed for use by Virtune AB (Publ) (“Licensee”). MarketVector has contracted with CC Data Limited to maintain and calculate the Index. CC Data Limited uses its best efforts to ensure that the Index is calculated correctly. Irrespective of its obligations towards MarketVector, CC Data Limited has no obligation to point out errors in the Index to third parties. In particular, MarketVector is not responsible for the Licensee and/or for Licensee’s legality or suitability and/or for Licensee’s business offerings. Offerings by Licensee, may they be based on the Virtune Coinbase 50 Europe ETP (“Product”) or not, are not sponsored, endorsed, sold, or promoted by MarketVector and any of its affiliates, and MarketVector and any of its affiliates make no representation regarding the advisability of investing in Licensee and/or in Licensee’s business offerings. MARKETVECTOR AND ANY OF ITS AFFILIATES AND ANY OF ITS LICENSORS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO LICENSEE.

    The MIL Network

  • MIL-OSI: Danske Bank share buy-back programme: transactions in week 25

    Source: GlobeNewswire (MIL-OSI)

    Company announcement no. 31 2025

    Danske Bank

    Bernstorffsgade 40

    DK-1577 København V

    Tel. + 45 33 44 00 00

    23 June 2025

    Page 1 of 1

    Danske Bank share buy-back programme: transactions in week 25

    On 7 February 2025, Danske Bank A/S announced a share buy-back programme for a total of DKK 5 billion, with a maximum of 45,000,000 shares, in the period from 10 February 2025 to 30 January 2026, at the latest, as described in company announcement no. 6 2025.

    The Programme is carried out in accordance with Article 5 of Regulation (EU) No 596/2014 of the European Parliament and Council of 16 April 2014 (the “Market Abuse Regulation”) and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (together with the Market Abuse Regulation, the “Safe Harbour Rules”).

    The following transactions on Nasdaq Copenhagen A/S were made under the share buy-back programme in week 25:

      Number of shares VWAP DKK Gross value DKK
    Accumulated, last announcement 6,905,843 229.2970 1,583,489,270
    16 June 2025 49,441 260.3803 12,873,462
    17 June 2025 50,000 257.7752 12,888,760
    18 June 2025 88,832 256.1210 22,751,741
    19 June 2025 101,760 254.5391 25,901,899
    20 June 2025 54,462 255.6107 13,921,070
    Total accumulated over week 25 344,495 256.4244 88,336,932
    Total accumulated during the share buyback programme 7,250,338 230.5860 1,671,826,202

    With the transactions stated above, the total accumulated number of own shares under the share buy-back programme corresponds to 0.868% of Danske Bank A/S’ share capital.

    Danske Bank

    Contact: Claus Ingar Jensen, Head of Group Investor Relations, tel. +45 25 42 43 70

    This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

    Attachments

    The MIL Network

  • MIL-OSI: IDEX Biometrics ASA: Issue of shares – 23 June 2025

    Source: GlobeNewswire (MIL-OSI)

    Reference is made to the stock exchange announcement by IDEX Biometrics ASA (the “Company”) on 22 May 2025 regarding the issuance of in total 5,412,932 new shares to board member Annika Olsson, as part of Annika Olsson taking part in receiving her board remuneration as shares. Please refer to the stock exchange announcement for further information on the details and background for the share issuance.

    The Board resolved today to issue the above-mentioned shares to Annika Olsson, pursuant to the board authorization provided for this purpose by the Company’s annual general meeting on 21 May 2025.

    Further, the Board resolved today to issue an additional 69 shares at 0.01 per share to an employee of the Company. The issue is related to the share consolidation (100-to-1) resolved by the Company’s extraordinary general meeting held on 11 April 2025, agenda item 8. As announced by the Company on 18 June 2025, the consolidation of shares will take place on 4 July 2025. The share issuance is required so that the total number of shares in the Company is dividable by 100.

    Following the issue of the new shares referenced above, the Company’s share capital will be NOK 47,364,256 divided into 4,736,425,600 registered shares each with a nominal value of NOK 0.01.

    For further information, contact:

    Kristian Flaten, CFO, Tel: +47 95092322

    E-mail: ir@idexbiometrics.com

    About IDEX Biometrics:

    IDEX Biometrics ASA (IDEX) is a global technology leader in fingerprint biometrics, offering authentication solutions across payments, access control, and digital identity. Our solutions bring convenience, security, peace of mind and seamless user experiences to the world. Built on patented and proprietary sensor technologies, integrated circuit designs, and software, our biometric solutions target card-based applications for payments and digital authentication. As an industry-enabler we partner with leading card manufacturers and technology companies to bring our solutions to market. For more information, visit www.idexbiometrics.com

    About this notice:

    This notice was issued by Kristian Flaten, CFO, on 23 June 2025 at 09:35 CET on behalf of IDEX Biometrics ASA. This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

    The MIL Network

  • MIL-OSI: Global Electronics Association Debuts; New Name Elevates IPC’s 70-Year Legacy as Voice of $6 Trillion Electronics Industry

    Source: GlobeNewswire (MIL-OSI)

    Electronics Standards and Certifications Leader Unveils New Vision and Mission for Supply Chain Harmonization and Advocacy, Releases Global Trade Flows Study

    BANNOCKBURN, Ill., June 23, 2025 (GLOBE NEWSWIRE) — Today begins a new chapter for IPC as it officially becomes the Global Electronics Association, reflecting its role as the voice of the electronics industry. Guided by the vision of “Better electronics for a better world,” the Global Electronics Association (electronics.org) is dedicated to enhancing supply chain resilience and promoting accelerated growth through engagement with more than 3,000 member companies, thousands of partners, and dozens of governments across the globe.

    “The Board’s support and approval of this transformation shows our collective recognition that the electronics industry has fundamentally changed. The Association has expanded well beyond its beginning in printed circuit boards – we’re enabling AI, autonomous vehicles, next-generation communications, and much more,” said Tom Edman, board chair of the Global Electronics Association and president and CEO of TTM Technologies. “As we chart our path forward with our new name, we will continue and elevate our efforts to build partnerships between governments and industries, foster new investment, drive innovation across the industry, and minimize disruptions in the electronics supply chain.”

    As part of its new mission, the Association is increasing resources to strengthen advocacy, deepen industry insights, and enhance stakeholder communications — all aimed at advancing and elevating the electronics industry. To champion a resilient and growing supply chain, the Association represents the entire ecosystem of diverse subsectors that contribute to this complex industry.

    “Electronics today are the backbone of all industries, which makes its supply chain crucial to economies, governments, and everyday life,” said Dr. John W. Mitchell, president and CEO of the Global Electronics Association. “Our new mission and vision position us to work more deeply with industry and our members globally to advocate for the importance of electronics in our continuously changing world.”

    The Global Electronics Association will retain the IPC brand for the industry’s standards and certification programs, which are vital to ensure product reliability and consistency. The IPC Education Foundation is now known as the Electronics Foundation, continuing to focus on solving the talent challenges for the electronics industry.

    Global Electronics Trade Flows
    The Global Electronics Association also released a trade flows study of the global electronics industry, which now represents more than $1 in every $5 of global merchandise trade.

    Key findings include:

    • Electronics supply chains are more globally integrated than any other industry, surpassing even the automotive sector in cross-border complexity.
    • Trade inputs like semiconductors and connectors now exceed trade in finished products such as smartphones and laptops, with global electronics trade totaling $4.5 trillion in 2023, including $2.5 trillion in components alone.
    • Top exporters such as China, Vietnam, and India are among the fastest-growing importers of electronic inputs, underscoring the deep interdependence embedded in global electronics production.
    • This mutual reliance challenges the viability of reshoring and decoupling strategies, as rising export powers depend on components from across the world.

    Mitchell concluded: “Our trade flows analysis reinforces that resilience, not self-sufficiency, is the foundation of competitiveness in the electronics age. No single company or country can stand alone. The complexities of the electronics ecosystem require collaboration and partnership with others. The Global Electronics Association is here to help create a vital and thriving global electronics supply chain through industry, government, and stakeholder collaboration.”

    Global Operations Supporting Entire Value Chain
    The electronics value chain supported by the Global Electronics Association – from design to final product – encompasses original equipment manufacturers, semiconductors, printed circuit boards, assembly and manufacturing services, harnesses, materials, and equipment suppliers. The Association has operations in Belgium, China, Germany, India, Japan, Korea, Malaysia, Mexico, Taiwan, and the United States, and a presence across dozens more countries to support its members.

    About the Global Electronics Association
    The Global Electronics Association is the voice of the electronics industry, working with thousands of members and partners to build a more resilient supply chain and drive sustainable growth. We advocate for fair trade, smart regulation, and regional manufacturing, and educate on industry practices, actionable intelligence and technical innovations to empower the future. The Association collaborates with governments and companies worldwide to advance a trusted and prosperous electronics industry. Formerly known as IPC, the organization serves a $6 trillion market and operates from offices across Asia-Pacific, Europe and North and South America. Learn more at www.electronics.org.

    Contact:
    Michelle Leff Mermelstein
    Michellemermelstein@electronics.org  
    + 1 202-661-8092 

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d245e078-4a14-42eb-b999-a98d2c7cdb94

    The MIL Network

  • MIL-OSI Australia: Budget supports more homes for Canberrans

    Source: Northern Territory Police and Fire Services

    • This article outlines the various measures being supported by the Budget.

    The 2025-26 ACT Budget supports the delivery of more homes for Canberrans.

    Practical initiatives will:

    • boost supply
    • increase affordability
    • deliver diverse housing to suit different stages of life.

    As well as investing in affordable homes now, the Budget lays the foundations for more equitable housing in future.

    Key initiatives include:

    • an increase to the stamp duty concession threshold to above $1 million for all eligible purchasers
    • 85 new public housing dwellings delivered through community housing providers under the Housing Australia Future Fund Facility (HAFFF)
    • additional funding for the Affordable Housing Project Fund
    • 300 affordable Build-to-Rent homes
    • seven new social housing townhouses acquired in Coombs under the Social Housing Accelerator
    • ongoing investment in the Growing and Renewing Public Housing Program to maintain and expand Canberra’s public housing portfolio.

    Stamp duty concessions

    Stamp duty concessions will be expanded.

    This makes it easier for Canberrans to enter the market and find a home that suits their needs.

    From 1 July 2025, the Government will also increase the price threshold for the Home Buyer Concession Scheme, the Pensioner Duty Concession Scheme and the Disability Duty Concession Scheme.

    Price thresholds will be indexed annually to the Canberra Consumer Price Index. In 2025-26, the threshold will be $1.02 million.

    In 2025–26, eligible Canberrans looking to buy a new apartment, townhouse or a unit-titled property off-the-plan or in a suburban area (RZ1) for $1.02 million or less may be exempt from paying stamp duty.

    This exemption aims to support development of dual occupancy properties on RZ1 blocks, contributing to more housing choice, access and affordability in our suburbs.

    Reducing stamp duty will help to lower barriers to Canberrans seeking to fulfil their goal of home ownership.

    Boosting the housing supply pipeline

    The ACT Government is committed to enabling 30,000 new homes by 2030.

    This is in partnership with the Australian Government.

    Budget investment will kickstart a significant pipeline of new housing.  A range of policy initiatives and industry incentives will support this.

    The Housing Supply and Land Release Program

    • The release of Government land will support nearly 26,000 homes over the next five years.
    • Direct investment will build social and affordable housing.
    • It’s expected new planning reforms will allow thousands more homes to be delivered on leased land.

    Housing where and how Canberrans want to live

    Budget investment will make it easier for people to find the home they need.

    It will help Canberrans at all stages of life, whether they’re buying their first home, raising a family, ageing in place, or in need of supported housing.

    This includes:

    • direct investment in new social and affordable homes
    • modernising the planning system to support medium-density supply
    • targeted reforms to improve fairness and choice in the housing market.

    Streamlining planning in the ACT

    The ACT Government is also continuing the planning work needed to ensure Canberra grows in a smart, inclusive and sustainable way.

    This includes:

    • planning for new housing and community facilities in well-located areas. This applies particularly to those around town centres, local shops and public transport corridors.
    • funding to support the Construction Productivity Agenda for the ACT of the new Planning Act. This is aimed at streamlining approvals and making things clearer for developers and the community.

    Supporting apprentices in the construction industry

    The ACT Government is also investing in construction skills and trades and productivity.

    The Budget supports an increase to apprenticeship subsidies for training in six key construction trades.

    Subsidies will rise to 90 per cent. This increase builds on existing investment in electrotechnology apprenticeships.

    Investing in industry training will shape the workforce needed to build more homes.

    Developing a future construction workforce

    The ACT Government is also investing in measures to further build the workforce needed to meet housing targets. These include:

    • an increase in training subsidies to 90 per cent for carpenters, plumbers, tilers, bricklayers and other critical construction trades
    • the Try-a-Trade program in ACT public high schools to support more young women to enter the construction industry
    • a $250 cost-of-living payment to apprentices and trainees
    • an extra $250 for first-year apprentices and trainees. This complements the $10,000 payments available under the Commonwealth’s residential construction training incentive.

    The Government will also continue to progress missing middle housing reforms, as well as supporting more well-located homes close to transport, services and jobs.

    Get ACT news and events delivered straight to your inbox, sign up to our email newsletter:

    MIL OSI News

  • MIL-OSI China: Behind Labubu craze: China’s rise as global IP powerhouse

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

    Toys themed on Labubu, a popular furry doll from Chinese toy company Pop Mart, are pictured during the opening ceremoy of a new offline store of Pop Mart in Bangkok, Thailand, July 5, 2024. (Xinhua/Sun Weitong)

    The shop floor of a pajama factory in Jiangsu Province, east China, had stood still for some time before recently springing back to life, its resurrection kickstarted by a fluffy toy.

    “Labubu was not really my cup of tea, but now I think it is adorable,” said Qiu Zunzun, general manager of Shuofeng daily necessities company in Suzhou, jokingly.

    With its signature spiky toothed grin, Labubu has taken the world by storm. Noticing the craze, Qiu, spotted a gap in the market — outfits for collectors to dress up their fluffy friends. So, he bought some toy samples and cloth, and by the end of May, the factory was rolling out dresses for the little imp.

    “In less than 20 days we produced more than 80 kinds of doll’s dresses, with a turnover of about 170,000 yuan (about 23,643 U.S. dollars).” Qiu estimated that with orders still growing, the monthly sales revenue could reach 1 million yuan.

    The punky, cute, bunny-eared creature from China has inspired fans around the world to line up for a chance to own one. It is the latest case of Chinese IP globalization, which signals a shift in China’s role from a manufacturing hub to a source of original cultural exports, and injects vitality into traditional industries.

    CHINESE IP GOES ABROAD

    Maraid Vintena in Sydney, Australia, lined up for an hour earlier this week to check the Pop Mart Labubu vending machine in her suburb. “There are four Pop Mart vending machines near my house,” she said. “But most of the time, they’re sold out. I check their website like ten times a day… I’m really addicted, but it’s fun.”

    “As you get older, life is a little bit mundane. Something small, like a Labubu, a blind box, is like a little bit of excitement,” Vintena said, explaining why she fell in love with the doll.

    Amid the ever-growing Labubu craze, fashion brand Uniqlo has announced to partner with Pop Mart for their new collection The Monsters.

    It is not the only Chinese IP which gained recognition around the world. From the hit video game “Black Myth: Wukong” last year that amassed 1.04 million concurrent players merely an hour after its debut, to the cinematic marvel of “Ne Zha 2,” which has risen to the fifth spot on the worldwide box office chart, success of Chinese IP shows the rise of both cultural confidence and the empowerment of the country’s industrial system, said Wang Ruotong, a researcher with the Tianjin Foreign Studies University.

    Beyond the cultural sector, a number of Chinese brands have made inroads into the world-class IP categories, from the artificial intelligence (AI) to new energy vehicles and consumer technology.

    Data from China’s General Administration of Customs shows that China sustained its growth momentum on exports of new energy vehicles, with the volume of pure electric car exports topping 2 million units for the first time in 2024.

    Chinese carmaker BYD is establishing factories in Thailand and Mexico, integrating Chinese aesthetics into automotive design.

    In the AI domain, China has made holistic advancements in AI development, fostering a thriving AI industrial ecosystem. The country now hosts over 400 “little giant” firms — specialized small and medium-sized enterprises that excel in niche AI markets, including AI innovator DeepSeek.

    The vibrant growth of creative Chinese IPs has been driven by China’s booming domestic cultural consumption and a solid industrial manufacturing foundation. As China shifts from mass production to smart, high-end manufacturing, the fusion of aesthetics and craftsmanship is driving the country’s manufacturing sector to move up the global value chain.

    In 2024, China’s per-capita expenditure on education, culture, and entertainment registered 3,189 yuan, marking a 9.8-percent increase and accounting for 11.3 percent of total per-capita consumption spending, according to the National Bureau of Statistics. The continuously expanding cultural consumption market is emerging as a robust engine driving the development of China’s IP industry.

    INJECTING VITALITY INTO TRADITIONAL INDUSTRIES

    At Yiwu International Trade Market, buyers carrying black plastic bags walk from one booth to another asking “do you have dresses for Labubu?” The global frenzy for this tiny creature has offered business opportunities for China’s “world supermarket”.

    In Zhu Hui’s store, one could not only find shirts, trousers and skirts for Labubu, but also accessories like glasses and hats. “Our dresses are sold at seven to 15 yuan a piece, while the accessories are one or two yuan each,” she said.

    Zhu’s store opened only half a month ago, with number of orders increasing quickly. “At first we received orders for dozens or several hundred pieces a day, but now it is more than 10,000 pieces,” she said. Zhu has about 50 workers in her factory, all of whom are working overtime recently.

    Inspired by Labubu, other toy producers also tried to make their products more attractive.

    Sun Lijuan is manager of the Yiwu Hongsheng Toys Factory, which exports dolls to more than 80 countries and regions in South America, Middle East, Central Asia, Europe and Africa.

    “Our dolls can talk, sing and tell stories,” she said. Recently they are applying AI technology to create products to meet different needs of consumers.

    Sun told Xinhua that in recent years, they had witnessed the development of new technology which has empowered their business and helped them avoid homogeneous competition. Their toy factory was founded 13 years ago, but in recent years its turnover has been growing steadily.

    “The greatest potential for future IP to go global lies in the continuous development of content and its deep integration with technology,” said Wang Ruotong. “With the maturation of technologies such as AI and virtual reality, the presentation of IP is going towards immersive and interactive experience.”

    “China has a solid foundation in manufacturing,” she continued. “Therefore, the popularity of Labubu this time brought a huge development opportunity to this industry. I’m sure that in the future there will be more Labubus emerging.” 

    MIL OSI China News

  • MIL-OSI Australia: CPTPP Symposium, Opening statement

    Source: Australian Attorney General’s Agencies

    [Acknowledgments omitted]

    The CPTPP is a symbol of what can be achieved through regional engagement in the face of global pressure.

    It is an agreement that is working every day to grow trade, make it easier, and spread the benefits of free and fair trade.

    It is an agreement that new countries want to join, and one that existing members continue to improve.

    A turn away from free and fair trade has emerged in some parts of the world in recent years.

    But all of us know the benefits of an open, rules-based global trading system.

    That doesn’t mean that our system is perfect, we know it needs work and some of the rules need to change.

    WTO rules can’t always be enforced, and its dispute resolution function has not been performing as it should.

    We will all prosper through improvements to the rules around how we trade and invest across international borders.

    Australia remains committed to reforming the WTO system in ways that both prioritises our national interest and supports a predictable, stable and transparent global trading environment.

    The United States has imposed tariffs on every nation in the world and we’re seeing firsthand the effect that is having on the global economy.

    Tariffs are a tax on consumers. They are an act of economic self harm.

    In this age of uncertainty, the CPTPP offers a model of fairness, sustainability and mutual benefit.

    Free trade is critical to our national security and prosperity, and Australia remains committed to it.

    As the 2025 CPTPP Chair, Australia will keep pushing for the evolution of a robust, rules-based global trading system, beyond the gold standard already set by this Agreement.

    As chair, our theme is “delivering sustainable trade and resilient growth”.

    We have three priorities.

    First, we want to increase trade.

    That might seem a simple goal, since we know that trade increases economic prosperity at all ends.

    But when people are talking about turning inwards , it only makes it more important that we focus on the opposite approach.

    An approach focused on improving market access opportunities for business, industry and communities.

    Second, we want to facilitate trade.

    We must always ask ourselves, as member economies, how do we make it easier for businesses and people to trade among our economies?

    And third, we want to spread the benefits of trade.

    We know that when women participate more in the economy, they drive growth.

    We want to see more female entrepreneurs active in trade across CPTPP members.

    We also want to see more businesses led by Indigenous Peoples trading in the region.

    And making the agreement more inclusive is another way CPTPP can show leadership to the world.

    While some are arguing that trade is a threat, we must show what trade delivers.

    We must show it delivers prosperity to the individual and the nation.

    So as the 2025 CPTPP Chair, we will be pleased to mark continued progress on the General Review of the CPTPP agreement.

    This is a great opportunity for all members to future-proof the agreement, so that it continues to deliver for our economies and remains resilient in the face of global pressures.

    The benefits aren’t hypothetical.

    The benefits are real, and many more are possible if we continue to engage, learn and shape this agreement to meet evolving needs.

    For our part, Australia isn’t just working through one mechanism to bolster trade.

    We take every opportunity to diversify our markets, strengthen our partnerships and open doors for business.

    In February, my department launched a new roadmap for Australia’s economic engagement with India backed by $16 million in trade accelerator funding and an additional $4 million for the Maitri program.

    This initiative deepens cultural and business ties through cooperation in education, research and continued advancements in technology and innovation.

    We have signed a new trade agreement with the United Arab Emirates, expected to generate $700 million in Australian exports to the Middle East.

    We have ratified the upgraded ASEAN-Australia New Zealand Free Trade Agreement, supporting small businesses, digital trade and gender equality across the region.

    Nearly half a million Australian jobs are tied to trade with Southeast Asia, and through our Southeast Asia Economic Strategy to 2040, we are ensuring that number continues to grow.

    And of course, we are continuing to work on a Free Trade Agreement with the European Union.

    Friends, as the 2025 CPTPP Chair, Australia is focused on making sure we take a strategic approach to global trade issues.

    At the heart of that project is bolstering and strengthening the rules of the global trading system.

    The CPTPP is a gold standard agreement – and we are keen to work to maintain its credentials as a catalyst for collaboration, innovation and ambition across our region.

    Thank you for sharing your thoughts today and I look forward to hearing about your insights.

    Thank you.

    MIL OSI News

  • MIL-OSI China: China-South Asia Expo promotes trade among China, South Asia, Southeast Asia: Vietnamese expert

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

    The China-South Asia Expo promotes trade linkage among China, South Asia and Southeast Asia, especially in green trade and digital trade sectors, Bui Lien Thao, a specialist at the Vietnam Trade Promotion Agency under the Ministry of Industry and Trade, has said.

    “Vietnam treasures win-win cooperation with China in various spheres, including import-export and modern transport infrastructure development,” said Thao in a recent interview with Xinhua.

    Her remarks came as the 9th China-South Asia Expo is being held in Kunming, capital of southwest China’s Yunnan Province, from June 19 to June 24.

    Beyond trade, Thao said Vietnam values China’s role in promoting the resilience and security of regional supply chains amid growing geopolitical uncertainties.

    “Supply chain cooperation with China reduces over-dependence and builds resilience,” she noted.

    Thao also welcomed China’s consistent position on supporting multilateralism and inclusive development.

    “Initiatives like the Regional Comprehensive Economic Partnership and the China-South Asia Expo show a clear commitment to inclusive globalization, in contrast to protectionist trends,” Thao added. 

    MIL OSI China News

  • MIL-OSI Australia: ACT Budget 25-26: 30,000 new homes to provide more housing for Canberrans

    Source: Northern Territory Police and Fire Services

    As part of ACT Government’s ‘One Government, One Voice’ program, we are transitioning this website across to our . You can access everything you need through this website while it’s happening.

    Released 23/06/2025 – Joint media release

    The Government is supporting the delivery of more homes for Canberrans where and how they want to live.

    The Territory Budget will invest more than $145 million to kickstart a significant pipeline of homes for our growing city.  This supply pipeline will be supported through a range of policy initiatives and industry incentives.

    In partnership with the Australian Government, and our commitments under the national housing accord, the ACT Government has a clear plan to enable 30,000 new homes by 2030.

    The Housing Supply and Land Release Program released today demonstrates how the Government will achieve this target, with government land release to support nearly 26,000 homes over the next five years, direct investment to build social and affordable housing, and thousands more homes expected to be delivered on leased land enabled by new planning reforms.

    The investments through the Budget will make it easier for Canberrans to find the home they need, whether they’re buying their first home, raising a family, ageing in place, or in need of supported housing.

    This includes direct investment in new social and affordable homes, modernising the planning system to support medium-density supply, and targeted reforms to improve fairness and choice in the housing market.

    At the same time, the Government will be increasing apprenticeship subsidies for training in six key construction trades to 90 per cent, building on our existing investment in electrotechnology apprenticeships.

    This significant investment in training for the construction industry will shape the workforce Canberra needs to build more homes for a generation.

    The Budget supports a wide range of practical initiatives to boost supply, increase affordability and deliver homes that suit different stages of life:

    • Increasing eligibility for stamp duty concessions for all eligible purchasers’ price threshold above $1 million.
    • 85 new public housing dwellings delivered through Community Housing Providers under the Housing Australia Future Fund Facility (HAFFF).
    • $20 million additional funding for the Affordable Housing Project Fund, increasing the total to $100 million.
    • 300 affordable Build-to-Rent homes.
    • 17 new social housing townhouses acquired in Coombs under the Social Housing Accelerator.
    • Ongoing investment in the Growing and Renewing Public Housing Program to maintain and expand Canberra’s public housing portfolio.

    In addition to new home construction, the ACT Government is continuing the planning work needed to ensure Canberra grows in a smart, inclusive and sustainable way.

    This includes:

    • Planning for new housing and community facilities in well-located areas, particularly around town centres, local shops and public transport corridors.
    • Funding to support the Construction Productivity Agenda for the ACT of the new Planning Act, aimed at streamlining approvals and increasing clarity for developers and the community.

    To support our plans to enable 30,000 homes by 2030, the Budget supports the development of a future construction workforce, including:

    • An increase in training subsidies to 90% for carpenters, plumbers, tilers, bricklaying and other critical construction trades.
    • The Try-a-Trade program in ACT public high schools to support more young women to enter the construction industry.
    • $250 cost-of-living payments to apprentices and trainees, including an extra $250 for first year apprentices, building on the $10,000 payments available under the Commonwealth’s residential construction training incentive.

    Chief Minister Andrew Barr said housing remains a central investment priority as Canberra grows.

    “Canberrans need homes where they want to live that are affordable, sustainable and well-designed,” the Chief Minister said.

    “This Budget brings together land release, planning reform, housing delivery and tax reform to meet the needs of a changing city and enable 30,000 new homes by 2030.”

    Deputy Chief Minister Yvette Berry said the Budget delivers both practical results and a pathway to lasting change.

    “We’re investing in affordable homes now and laying the foundations for a more equitable, more liveable city,” Minister Berry said.

    “A stable home is essential for a good life, which is why we’re partnering with the Commonwealth Government to get more homes built than ever before.

    Treasurer Chris Steel said that the Budget demonstrates how the ACT Government is taking action on housing supply from all sides to support 30,000 new homes and making Canberra a more affordable place to live.

    “Housing is a key priority for our Government in the Budget. These targets will be achieved through budget investment to build more social and affordable homes, undertaking the next stages of planning reform, further land release and investment in supporting infrastructure,” Minister Steel said.

    “We will continue to progress missing middle housing reforms, as well as supporting more well-located homes close to transport, services and jobs.

    “The investment in construction skills, trades and productivity will make a real difference to getting more quality homes built more quickly, boosting our economy and helping to reduce inequality.”

    Finance Minister Rachel Stephen-Smith said reforms to stamp duty are part of the Government’s broader approach to making housing more accessible.

    “By expanding stamp duty concessions to more homebuyers, we’re making it easier for Canberrans to enter the market and find a home that suits their needs.”

    Minister for Skills, Training and Industrial Relations Michael Pettersson said that the ACT Government was delivering on election commitments to strengthen Canberra’s construction workforce.

    “We promised to make training in the construction trades more accessible for Canberrans who want to develop the skills they need to get a good, secure job – and now we’re delivering.”

    – Statement ends –

    Andrew Barr, MLA | Yvette Berry, MLA | Chris Steel, MLA | Rachel Stephen-Smith, MLA | Michael Pettersson, MLA | Media Releases

    «ACT Government Media Releases | «Minister Media Releases

    MIL OSI News

  • MIL-OSI Security: U.S. Attorney’s Office Filed 83 Border-Related Cases This Week

    Source: Office of United States Attorneys

    SAN DIEGO – Federal prosecutors in the Southern District of California filed 83 border-related cases this week, including charges of bringing in aliens for financial gain, reentering the U.S. after deportation, and importation of controlled substances.

    The U.S. Attorney’s Office for the Southern District of California is the fourth-busiest federal district, largely due to a high volume of border-related crimes. This district, encompassing San Diego and Imperial counties, shares a 140-mile border with Mexico. It includes the San Ysidro Port of Entry, the world’s busiest land border crossing, connecting San Diego (America’s eighth largest city) and Tijuana (Mexico’s second largest city).

    In addition to reactive border-related crimes, the Southern District of California also prosecutes a significant number of proactive cases related to terrorism, organized crime, drugs, white-collar fraud, violent crime, cybercrime, human trafficking and national security. Recent developments in those and other significant areas of prosecution can be found here.

    A sample of border-related arrests this week:

    • On June 14, Guillermo Navarro Cinco and Daniel Vazquez Mijares, both Mexican citizens and alleged captains of a smuggling boat, were arrested and charged with Attempted Bringing in Aliens for Financial Gain after they were intercepted by the U.S. Coast guard 25 miles off Point Loma. Librado Lopez Ramirez, who was also aboard the boat and had been previously deported to Mexico, was arrested and charged with Attempted Entry After Deportation. According to a complaint, Navarro Cinco and Vazquez Mijares attempted to smuggle nine people – including Lopez Ramirez – on a small boat; some passengers said they didn’t know how to swim and feared for their lives as the boat faltered under excessive weight.
    • On June 17, Erik Quintero Baez, a Mexican citizen, was arrested and charged with Importation of a Controlled Substance. According to a complaint, when the defendant attempted to cross the border in his tractor-trailer at the Otay Mesa Port of Entry, Customs and Border Protection Officers found three 20-liter jugs containing 167 pounds of liquid methamphetamine concealed in the cab.
    • On June 18, Jose Julian Ugalde Ramos and Luis Adrian Carrillo Sandoval, Mexican citizens, were arrested and charged with Deported Alien Found in the United States. According to a complaint, Border Patrol agents found the defendants hiding in large bushes less than a mile north of the U.S.-Mexico border.

    Also recently, a number of defendants with criminal records were convicted by a jury or sentenced for border-related crimes such as illegally re-entering the U.S. after previous deportation. Here are a few of those cases:

    • On June 20, Alejandro Arellano-Mejia, a Mexican national who was previously convicted of felony attempted murder, was sentenced to 15 months in custody for re-entering the U.S illegally. In 2014, a Frenso jury found Arellano-Mejia guilty of attempted murder for shooting another man in the chest with a shotgun following an altercation at an outdoor gathering.
    • On June 20, Baltazar Mendoza-Giron, a Mexican national, was sentenced to 15 months in custody for illegally re-entering the United States. Part of his sentence was imposed for violating supervised release after a 2024 conviction for illegal reentry. Mendoza-Giron also has previous convictions for harassment, for attempting to elude a pursuing police officer in a vehicle, and for criminally negligent homicide.
    • On June 20, Alejandro Arellano-Mejia, a Mexican national who was previously convicted of attempted murder with a deadly weapon, was sentenced to 15 months in custody for illegally reentering the U.S.
    • On June 20, Josue Roberto Suarez Ruiz of Honduras and Jesus Ernesto Peinado Armenta of Mexico were sentenced to 14 months and 12 months and one day, respectively, for transporting undocumented immigrants in an incident that became a high-speed chase. The defendants failed to stop for Border Patrol agents and were ultimately apprehended after fleeing the vehicle and attempting to hide near trash cans on residential properties.
    • On June 20, Victor Armando Pena was sentenced to 12 months and one day in custody for illegally reentering the United States. After serving a 17-year sentence for attempted murder with an enhancement for committing the act while actively participating in a criminal street gang, he was removed to Mexico on January 17, 2025, only to return illegally less than two weeks later on January 30, 2025. He was arrested by Border Patrol in Imperial Beach after he had illegally entered the U.S. via Jet Ski.

    Pursuant to the Department’s Operation Take Back America priorities, federal law enforcement has focused immigration prosecutions on undocumented aliens who are engaged in criminal activity in the U.S., including those who commit drug and firearms crimes, who have serious criminal records, or who have active warrants for their arrest. Federal authorities have also been prioritizing investigations and prosecutions against drug, firearm, and human smugglers and those who endanger and threaten the safety of our communities and the law enforcement officers who protect the community.

    The immigration cases were referred or supported by federal law enforcement partners, including Homeland Security Investigations (HSI), Immigration and Customs Enforcement’s Enforcement and Removal Operations (ICE ERO), Customs and Border Protection, U.S. Border Patrol, the Drug Enforcement Administration (DEA), the Federal Bureau of Investigation (FBI), the U.S. Marshals Service (USMS), and the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), with the support and assistance of state and local law enforcement partners.

    Indictments and criminal complaints are merely allegations and all defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

    MIL Security OSI

  • MIL-OSI Europe: Minister Peter Burke to lead Trade Mission to Japan

    Source: Government of Ireland – Department of Jobs Enterprise and Innovation

    Minister for Enterprise, Tourism and Employment Peter Burke is leading a Trade and Investment Mission to Japan, accompanied by Enterprise Ireland CEO Designate Jenny Melia and IDA Ireland CEO Michael Lohan, reflecting the strong commitment by the Irish government to expanding both Investment and Trade with Japan.

    Two-way trade between Japan and Ireland now exceeds €21 billion and Japan is the number one source of foreign direct investment into Ireland from the Asia Pacific region. These investments come in the areas of technology services, semiconductors, pharmaceuticals, medical devices, and financial services.

    Minister Burke said: 

    “Trade promotion and market diversification are key government priorities, and I see significant opportunities in Japan for both Irish companies and FDI. This week, we are engaging with dozens of major corporations to highlight Ireland’s global position as a stable location for investment, as well as helping Irish companies to build, scale and expand in this region. 

    “Looking ahead, the relationship between our two countries is based on shared values and mutual respect and as Minister, I believe our work in this regard will facilitate this relationship growing deeper and stronger in the years ahead. With the CEOs of both the IDA and Enterprise Ireland, we are working hard this week to explore new avenues for growth in sectors with significant potential.”

    Japan is a growing export market with over 300 Enterprise Ireland clients doing business in Japan and over 50 Irish companies having representations or presence in Japan.

    The Minister along with senior executives will also meet IDA’s potential and existing clients to set out the unique advantages of locating in Ireland to service a European marketplace of 450 million people. He will meet with a number of Enterprise Ireland client companies seeking new opportunities for their world-class products and services and will hold a number of political engagements with his counterparts in the Japanese Government. 

    Minister Burke will visit the new Ireland House Tokyo, which is home to offices for the Embassy, Team Ireland, including Enterprise Ireland, Bord Bia and IDA. The Team Ireland brand contributes to raising Ireland’s profile in Japan, by showcasing our cultural heritage, creativity and innovation through excellence in design and providing a platform for our state agencies to engage in and support Irish business interests in Japan.

    During the second half of the week, the Minister will attend the Osaka Expo 2025. Participation at Expo provides an excellent platform for direct public diplomacy and an opportunity to increase visibility of Ireland in the region. The development of the Irish Pavilion at Expo is a strong example of the Team Ireland approach, with active participation and engagement from across Government Departments and State Agencies, all working in tandem to promote Ireland on the world stage. 

    ENDS

    MIL OSI Europe News

  • MIL-OSI Russia: China-Kazakhstan Forum on Exchanges and Cooperation in High-Tech Industries Held in Astana

    Translation. Region: Russian Federal

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

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

    ASTANA, June 22 (Xinhua) — The first China-Kazakhstan Forum on Exchanges and Cooperation in High-Tech Industries was held in Astana, the capital of Kazakhstan, on Sunday. The event, attended by government officials, enterprises and media from the two countries, discussed new opportunities for bilateral exchanges and cooperation in various cutting-edge industries, including artificial intelligence and cross-border e-commerce.

    Vice Minister of Trade and Integration of Kazakhstan Asset Nusupov noted that in the era of rapid technological development, digital transformation plays a decisive role in ensuring sustainable economic growth and strengthening the positions of national economies in the global arena. He is convinced that with active interaction with Chinese partners, it is possible not only to strengthen bilateral economic ties, but also to set new benchmarks for sustainable technological growth.

    According to Liu Gang, Secretary General of the International Committee for Belt and Road Think Tank Cooperation, China-Kazakhstan cooperation is at a new historical starting point. He expressed hope that through this forum, the two sides can jointly find more opportunities for cooperation and open a new chapter in the joint construction of the Belt and Road through high-quality development.

    Deputy General Director for Commerce at KTZ Express Ulugbek Orazov said that it is especially important to implement new infrastructure solutions, and logistics is becoming a key element of trust between countries and partners. According to him, KTZ Express expects to ensure, together with Chinese partners, the integration of logistics and supply chain management in e-commerce using innovative technologies.

    As noted by Diana Nazarbayeva, Director of International Business Development at Kazpost, China is not only a major trading partner, but also a key innovation center. Kazpost’s cooperation with Chinese marketplaces, logistics companies, and infrastructure partners is long-term and strategic, she added.

    Board member and CEO of Beijing Polyking New Horizons Technology Industry Li Kangchao expressed hope that the forum will provide the company with the opportunity to develop cooperation with Kazakhstan in areas such as the creation of e-commerce infrastructure, cross-border settlement operations and training of e-commerce specialists, in order to promote further development of trade and economic exchanges and industrial development of both countries.

    During the event, an agreement on cooperation in the field of e-commerce was signed between Beijing Polyking New Horizons Technology Industry and Kazpost.

    The forum was organized by the New Media Center of China’s Xinhua News Agency. –0–

    MIL OSI Russia News

  • MIL-OSI United Kingdom: Powering Britain’s future: Electricity bills to be slashed for over 7,000 businesses in major industry shake-up

    Source: United Kingdom – Executive Government & Departments

    Press release

    Powering Britain’s future: Electricity bills to be slashed for over 7,000 businesses in major industry shake-up

    Industrial Strategy sets out a ten-year plan to boost investment, create good skilled jobs and make Britain the best place to do business

    • Electricity costs for thousands of businesses to be slashed by up to 25%.
    • New Industrial Strategy to unlock billions in investment and support 1.1 million new well-paid jobs over the next decade.
    • Strategy developed in partnership with business, marking a new era of collaboration between government and high growth industries.
    • Strategy will make the UK the best country to invest in and grow a business, delivering on the Plan for Change.

    More than 7,000 British businesses are set to see their electricity bills slashed by up to 25% from 2027, as the Government unveils its bold new Industrial Strategy today [Monday 23 June].

    The modern Industrial Strategy sets out a ten-year plan to boost investment, create good skilled jobs and make Britain the best place to do business by tackling two of the biggest barriers facing UK industry – high electricity prices and long waits for grid connections.

    British manufacturers currently pay some of the highest electricity prices in the developed world while businesses looking to expand or modernise have faced delays when it comes to connecting to the grid.

    For too long these challenges have held back growth and made it harder for British firms to compete. Today’s announcement marks a decisive shift — with government stepping in to support industry and unlock the UK’s economic potential.

    From 2027, the new British Industrial Competitiveness Scheme will reduce electricity costs by up to £40 per megawatt hour for over 7,000 electricity-intensive businesses in manufacturing sectors like automotive, aerospace and chemicals.

    These firms, which support over 300,000 skilled jobs, will be exempt from paying levies such as the Renewables Obligation, Feed-in Tariffs and the Capacity Market — helping level the playing field and make them more internationally competitive. Eligibility and further details on the exemptions will be determined following consultation, which will be launched shortly.

    The government is also increasing support for the most energy-intensive firms — like steel, chemicals, and glass — by covering more of the electricity network charges they normally have to pay through the British Industry Supercharger. These businesses currently get a 60% discount on those charges, but from 2026, that will increase to 90%. This means their electricity bills will go down, helping them stay competitive, protect jobs, and invest in the future.

    This will help around 500 eligible businesses in sectors such as steel, ceramics and glass reduce their costs and protect jobs in industries that are the backbone of our economy and will be delivered at no additional cost to the taxpayer.

    These reforms complement the government’s long-term mission for clean power, which is the only way to bring down bills for good by ending the UK’s dependency on volatile fossil fuel markets.

    To ensure businesses can grow and hire without delay, the government will also deliver a new Connections Accelerator Service to streamline grid access for major investment projects — including prioritising those that create high-quality jobs and deliver significant economic benefits.

    We will work closely with the energy sector, local authorities, Welsh and Scottish Governments, trade unions, and industry to design this service, which we expect to begin operating at the end of 2025. New powers in the Planning and Infrastructure Bill, currently before parliament, could also allow the Government to reserve grid capacity for strategically important projects, cutting waiting times and unlocking growth in key sectors.

    The Industrial Strategy is a 10-year plan to promote business investment and growth and make it quicker, easier and cheaper to do business in the UK, giving businesses the confidence to invest and create 1.1 million good, well-paid jobs in thriving industries – delivering on this government’s Plan for Change.

    Prime Minister Keir Starmer said:

    This Industrial Strategy marks a turning point for Britain’s economy and a clear break from the short-termism and sticking plasters of the past.

    In an era of global economic instability, it delivers the long term certainty and direction British businesses need to invest, innovate and create good jobs that put more money in people’s pockets as part of the plan for change.

    This is how we power Britain’s future – by backing the sectors where we lead, removing the barriers that hold us back, and setting out a clear path to build a stronger economy that works for working people. Our message is clear – Britain is back and open for business.

    Chancellor of the Exchequer Rachel Reeves said:

     The UK has some of the most innovative businesses in the world and our Plan for Change has provided them with the stability they need to grow and for more to be created.

    Today’s Industrial Strategy builds on that progress with a ten-year plan to slash barriers to investment. It’ll see billions of pounds for investment and cutting-edge tech, ease energy costs, and upskill the nation. It will ensure the industries that make Britain great can thrive. It will boost our economy and create jobs that put more money in people’s pockets.

    Business and Trade Secretary Jonathan Reynolds said:

    We’ve said from day one Britain is back in business under this government, and the £100 billion of investment we’ve secured in the past year shows our Plan for Change is already delivering for working people.

    Our Modern Industrial Strategy will ensure the UK is the best country to invest and do business, delivering economic growth that puts more money in people’s pockets and pays for our NHS, schools and military.

    Not only does this Strategy prioritise investment to attract billions for new business sites, cutting-edge research, and better transport links, it will also make our industrial electricity prices more competitive.

    Tackling energy costs and fixing skills has been the single biggest ask of us from businesses and the greatest challenge they’ve faced – this government has listened, and now we’re taking the bold action needed. Government and business working hand in hand to make working people better of is what this Government promised and what we will deliver.

    Energy Secretary Ed Miliband said: 

    For too long high electricity costs have held back British businesses, as a result of our reliance on gas sold on volatile international markets.

    As part of our modern industrial strategy we’re unlocking the potential of British industry by slashing industrial electricity prices in key sectors.

    We’re also doubling down on our clean power strengths with increased investment in growth industries from offshore wind to nuclear. This will deliver on our clean power mission and Plan for Change to bring down bills for households and businesses for good.

    The Supercharger and British Industrial Competitiveness Scheme will be funded through reforms to the energy system. The government is reducing costs within the system to free up funding without raising household bills or taxes and intends to also use additional funds from the strengthening of UK carbon pricing, including as a result of linking with the EU carbon market.

    We have set out an intention to link emissions trading systems, as part of our new agreement with the European Union to support British businesses. Without an agreement to do this, British industry would have to pay the EU’s carbon tax.

    We intend to link our carbon pricing system with the EU’s, we will ensure that money stays in the UK—which allows us to support British companies and British jobs through these schemes.

    Building on the Spending Review and the recently announced 10-Year Infrastructure Strategy, the Industrial Strategy is the latest step forward in our plans to deliver national renewal. It will include targeted support for the areas of the country and economy that have the greatest potential to grow, while introducing reforms that will make it easier for all businesses to get ahead.

    The Strategy’s bold plan of action includes:

    • Slash electricity costs by up to 25% from 2027 for electricity-intensive manufacturers in our growth sectors and foundational industries in their supply chain, bringing costs more closely in line with other major economies in Europe.
    • Unlocking billions in finance for innovative business, especially for SMEs by increasing British Business Bank financial capacity to £25.6 billion, crowding in tens of billions of pounds more in private capital. The includes an additional £4bn for Industrial Strategy Sectors, crowding in billions more in private capital. By investing largely through venture funds, the BBB will back the UK’s most high-growth potential companies.
    • Upskilling the nation with an extra £1.2 billion each year for skills by 2028-29, and delivering more opportunities to learn and earn in our high-growth sectors including new short courses in relevant skills funded by the Growth and Skills Levy and skills packages targeted at defence digital and engineering.
    • Reducing regulatory burdens by cutting the administrative costs of regulation for business by 25% and reduce the number of regulators. 
    • Supporting 5,500 more SMEs to adopt new technology through the Made Smarter programme while centralising government support in one place through the Business Growth Service.
    • Boosting R&D spending to £22.6bn per year by 2029-30 to drive innovation across the IS-8, with more than £2bn for AI over the Spending Review, and £2.8bn for advanced manufacturing over the next ten years. This will leverage in billions more from private investors. Regulatory changes will further clear the path for fast-growing industries and innovative products such as biotechnology, AI, and autonomous vehicles.
    • Attracting elite global talent to our key sectors, via visa and migration reforms and the new Global Talent Taskforce.
    • Deepening economic and industrial collaboration with our partners, building on our Industrial Strategy Partnership with Japan and recent deals with the US, India, and the EU.
    • Reducing planning timelines and cutting costs for developers, by hiring more planners, streamlining pre-application requirements and combining environmental obligations, removing burdens on businesses as well as accelerating house building. 
    • Revolutionising public procurement and reducing barriers for new entrants and SMEs to bolster domestic competitiveness.
    • Supporting the UK’s city regions and clusters by increasing the supply of investible sites through a new £600m Strategic Sites Accelerator, enhanced regional support from the Office for Investment, National Wealth Fund, and British Business Bank, and more.

    The plan focuses on 8 sectors where the UK is already strong and there’s potential for faster growth: Advanced Manufacturing, Clean Energy Industries, Creative Industries, Defence, Digital and Technologies, Financial Services, Life Sciences, and Professional and Business Services. Each growth sector has a bespoke 10-year plan that will attract investment, enable growth and create high-quality, well-paid jobs.

    Dame Clare Barclay DBE, Chair of the Industrial Strategy Advisory Council and President of Enterprise & Industry EMEA at Microsoft said:

    I welcome today’s Industrial Strategy, which sets out a clear plan to back the UK’s growth driving sectors. It is particularly positive to see the strong focus on skills in areas such as engineering, technology and defence. Commitments such as £187 million for the TechFirst programme will ensure the UK has the skills it needs to support our growth industries and seize transformative opportunities like AI.

    Rain Newton-Smith, Chief Executive, CBI said:

    Today’s Industrial Strategy announcement is a significant leap forward in the partnership between government and business that sets us on the path to our shared goal of raising living standards across the country.  

    It sends an unambiguous, positive signal about the nation’s global calling card as well as the direction of travel for the wider economy for the next decade and beyond.

    The CBI has long been advocating for a comprehensive industrial strategy, based on the UK’s USP – the sectors and markets where we can compete to win on the global stage.

    More competitive energy prices, fast-tracked planning decisions and backing innovation will provide a bedrock for growth. But the global race to attract investment will require a laser-like and unwavering focus on the UK’s overall competitiveness. 

    Today marks the beginning of delivering this strategy in close partnership, at pace, and with a shared purpose.

    Stephen Phipson CBE, CEO at Make UK said:

    British industry has been in desperate need for a government who understands our sector and had the strategic vision for a plan for growth. Today’s Industrial Strategy is a giant and much needed step forward taken by the Secretary of State who has seen the potential and provided the keys to help unlock it.

    Make UK has led the campaign for a new industrial strategy for many years, highlighting the three major challenges that were diminishing our competitiveness, hampering growth and frustrating productivity gains: a skills crisis, crippling energy costs and, an inability to access capital for new British innovators.

    The strategy announced today sets out plans to address all three of these structural failings. Clearly there is much to do as we move towards implementation but, this will send a message across the Country and around the world that Britain is back in business.

    Tufan Erginbilgic, Rolls-Royce CEO, said:

    The UK Government’s Industrial Strategy commitment to support our world-leading aerospace and nuclear industries shows long-term strategic foresight. Rolls-Royce’s highly differentiated technologies in gas turbines and nuclear capabilities- including SMRs and AMRs- are uniquely placed to deliver economic growth, skilled jobs and attract investment into the UK.

    Mike Hawes OBE, SMMT Chief Executive said:

    The publication of an Industrial Strategy – one with automotive at its heart – is the policy framework the sector has long-sought and Government has now addressed. Such a strategy – long-term, aligned to a trade strategy and supported by all of Government – is the basis on which the UK automotive sector can regain its global competitiveness. Making the UK the best place to invest now depends on implementation, and implementation at pace, because investment decisions are being made now against a backdrop of fierce competition and geopolitical uncertainty. The number one priority must be addressing the UK’s high cost of energy, enabling the sector to invest in the technologies, the products and the people that will give the UK its competitive edge.

    Five sector plans have been published today:

    • Advanced Manufacturing – Backing our Advanced Manufacturing sector with up to £4.3 billion in funding, including up to £2.8 billion in R&D over the next five years, with the aim of anchoring supply chains in the UK – from increasing vehicle production to 1.35 million, to leading the next generation of technologies for zero emission flight.
    • Clean Energy Industries – Doubling investment in Clean Energy Industries by 2035, with Great British Energy helping to build the clean power revolution in Britain with a further £700 million in clean energy supply chains, taking the total funding for the Great British Energy Supply Chain fund to £1 billion.
    • Creative Industries – Maximizing the value of our Creative Industries through a £380 million boost for film and TV, video games, advertising and marketing, music and visual and performing arts will improve access to finance for scale-ups and increase R&D, skills and exports.
    • Digital and Technologies – Making the UK the European leader for creating and scaling Digital and Technology businesses, with more than £2 billion to drive the AI Action Plan, including a new Sovereign AI Programme, £187 million for training one million young people in tech skills and targeting R&D investment at frontier technologies such as cyber security in Northern Ireland, semiconductors in Wales and quantum technologies in Scotland. 
    • Professional and Business Services – Ensuring our Professional and Business Services becomes the world’s most trusted adviser to global industry, revolutionising the sector across the world through adoption of UK-grown AI and working to secure mutual recognition of professional qualifications agreements overseas.  

    Notes to editors

    • The Industrial Strategy will be published on Gov.UK tomorrow.
    • The Defence, Financial Services and Life Sciences sector plans will be published shortly.
    • The 7000 businesses are an indicative estimate of how many businesses could be in scope of the scheme. The full scope and eligibility of the scheme will be determined following consultation.

    Updates to this page

    Published 22 June 2025

    MIL OSI United Kingdom

  • MIL-OSI Canada: Canada deepens bilateral and trade ties with United Arab Emirates

    Source: Government of Canada News (2)

    June 22, 2025 – Ottawa, Ontario – Global Affairs Canada

    From June 18 to 20, 2025, the Honourable Anita Anand, Minister of Foreign Affairs, welcomed to Canada His Highness Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs of the United Arab Emirates (U.A.E.), for a high-level visit of the U.A.E.’s delegation that he led, where they discussed key areas of cooperation and reinforced the strong ties between Canada and the UAE.

    The Honourable Evan Solomon, Minister of Artificial Intelligence and Digital Innovation and Minister responsible for the Federal Economic Development Agency for Southern Ontario also met the delegation and discussed opportunities for Canada and the U.A.E. to collaborate on AI, through research and development, commercialization, and capital investments. 

    As part of this visit, the Honourable Maninder Sidhu, Minister of International Trade, met with members of the delegation to advance economic opportunities as part of Canada’s commitment to trade diversification. Minister Sidhu also spoke with his counterpart H.E. Dr. Thani bin Ahmed Al Zeyoudi, U.A.E. Minister of State for Foreign Trade, about the importance of strengthening the trade and investment relationship between the two countries.

    At a business roundtable hosted by the Canada-UAE Business Council, Minister Sidhu spoke about how Canada and the UAE can continue to expand their trade relationship. He noted, for example, the recent opening of the Dubai Chambers office in Toronto, which will help unlock new opportunities for Canadian and Emirati businesses.

    The Honourable Randeep Sarai, Secretary of State (International Development), also took this opportunity to meet with Reem Al Hashimy, the U.A.E.’s Minister of State for International Cooperation, to discuss relief efforts in Gaza and potential development cooperation between Canada and UAE.

    Through a joint statement between Canada and the U.A.E., both countries reaffirmed their commitment to deepening bilateral cooperation across trade, investment, innovation, people-to-people ties, international development and regional peace and security. Growing Canada’s commercial ties with countries like the U.A.E. builds on Canada’s trade diversification strategy, creating new opportunities for Canadian businesses.

    MIL OSI Canada News

  • MIL-OSI New Zealand: New Zealand announces further aid for Ukraine

    Source: New Zealand Government

    Prime Minister Christopher Luxon and Foreign Minister Winston Peters have announced a new $16 million package of support for Ukraine ahead of this week’s NATO Summit in the Hague.   
    “New Zealand stands in solidarity with Ukraine. Its war of self-defence is well into its fourth year and our condemnation of Russia’s illegal full-scale invasion remains undiminished,” Mr Luxon says.
    New Zealand will make $4 million contributions to two multi-national funds providing lethal and non-lethal military assistance for Ukraine: the NATO Security Assistance and Training for Ukraine (NSATU) fund; and the United Kingdom and Latvia-led Drone Coalition for Ukraine.
    “The defence of Ukraine has significant implications not only for the security of the Euro-Atlantic, but also for the Indo-Pacific,” Mr Peters says.  
    “We must continue to work with others in the international community to uphold a rules-based order that serves all our interests.”
    New Zealand will also provide $7 million in further humanitarian assistance for conflict affected communities in Ukraine, and $1 million for Ukrainians displaced in neighbouring countries.  
    “The scale of need remains vast, as Russia continues its bombardment of densely populated civilian areas of Ukraine,” Mr Luxon says.
    This support package follows the recently announced sanctions targeting Russia’s “shadow fleet” and other enablers of Russia’s war in Ukraine. 
    “It is vital the international community maintains pressure on Russia to end its war and engage meaningfully with efforts to achieve a just and lasting peace in Ukraine,” Mr Peters says.  
    More information about diplomatic, military, humanitarian and economic support to Ukraine, as well as sanctions, travel bans, and export controls against Russia, can be found on the Ministry of Foreign Affairs and Trade website here.

    MIL OSI New Zealand News

  • MIL-Evening Report: Labubu plushies aren’t just toys. They’re a brand new frontier for Chinese soft power

    Source: The Conversation (Au and NZ) – By Ming Gao, Research Fellow of East Asia Studies, Lund University

    Katerina Elagina/Shutterstock

    One of the most sought-after items of 2025 isn’t a designer handbag or the latest tech gadget. It’s a plush elf with a snaggle-toothed grin.

    Labubu (拉布布) is a global sensation. From David Beckham and Rihanna to Dua Lipa and Blackpink’s Lisa, celebrities – and even members of the Thai royal family – have been spotted showcasing their Labubu collections.

    Created in 2015 by Hong Kong artist Kasing Lung for his picture-book series The Monsters, Labubu gained mass popularity when toy company Pop Mart began releasing it as blind-box collectables in 2019. The toys are often sold in these blind-boxes, where people don’t know what make they’ve bought until after opening the box.

    The niche designer toy has since spiralled into a multi billion-dollar obsession. Plushies sell out within minutes, fans queue for hours, and rare editions like the human-sized mint-green-coloured Labubu have fetched over A$230,000 at auction.

    Labubu isn’t just a toy. It’s a glimpse of how China’s long-awaited soft power is beginning to take shape in unexpected ways.

    China’s accidental soft power icon?

    For years, the Chinese government has tried to cultivate a positive image abroad through the Belt and Road Initiative, introducing visa-free entry to boost tourism, and promoting homegrown brands.

    None of these efforts have matched the spontaneous global appeal of this small plush creature. Unlike Japan’s government-funded “Cool Japan” initiative launched in 2010, or South Korea’s highly coordinated export of creative industries, Labubu succeeded without central planning. It went viral organically: fanned by fandoms, fuelled by TikTok and amplified by celebrity endorsements.

    Now, China is starting to look “cool” to the outside world.

    Pop Mart’s blind-box sales model taps into the same reward mechanisms as online gaming. More than buying a toy, it’s about the thrill of unboxing the rarest edition, the social status of ownership, and the resale value of a seemingly childish product. This cultural product is emotionally charged and economically strategic.

    Labubu uses ‘blind boxes’ – where buyers don’t know what model they’ll get – to emotionally hook collectors.
    Tatiana Diuvbanova/Shutterstock

    For China, Labubu represents an unintentional yet potent form of soft power: a quirky figure that makes the country feel playful, creative and emotionally accessible.

    In an era when global perceptions of China are often shaped by geopolitics, surveillance, and authoritarianism, Labubu seems to offer something different – something disarming.

    How Japan and Korea use cultural exports

    Japan, long celebrated for its exports of anime, fashion, and food culture, launched its “Cool Japan” strategy in 2010 to formalise and promote its creative industries abroad.

    The initiative helped amplify global interest in sectors such as anime and cuisine but it often struggled with bureaucratic inefficiency, market misjudgements and unclear performance metrics.

    Many of the country’s cultural successes – from Pokémon and Studio Ghibli to ramen and izakaya – were largely driven by market forces and fan communities, rather than by the government.

    South Korea provides a more recent, effective model. The Korean Wave, or hallyu, has been heavily supported by state investment and infrastructure.

    From the film Parasite to global icons such as K-Pop band BTS, South Korea’s cultural output has earned international acclaim and helped rebrand the nation on the world stage.

    Importantly, it was a case of soft power being harnessed intentionally and strategically, with entertainment at the forefront of foreign policy.

    Labubu represents a third model: accidental soft power born from a commercial ecosystem in China increasingly focused on intellectual property (IP), lifestyle branding and consumer-driven trends.

    The emotional politics of toys

    Beyond its political implications, the Labubu craze reflects wider shifts in global consumer culture. Today’s toy market is no longer just for children.

    The adult “kidult” sector, driven by nostalgia, comfort-seeking, and collectability, is rising.

    The frenzy over Labubu is part of this trend, where millennials and Gen Z buyers invest in emotionally charged objects as expressions of identity, status and belonging.

    The popularity of labubu has seen long lines at PopMart shops around the world, like this one in South Jakarta.
    petanicupu/Shutterstock

    At the same time, Labubu represents a growing intersection between play and finance. The resale market treats plushies like speculative assets. Their scarcity creates value; their emotional resonance creates demand.

    It’s capitalism with a fuzzy face.

    Not everything is cuddly. In cities like London or Seoul, Pop Mart was forced to suspend sales after scuffles broke out among fans competing to buy the toys. And a surge in global counterfeits has raised growing concerns over IP protection and consumer trust.

    The rise of China’s soft power

    Labubu may look like a mischievous little elf, but it carries serious cultural weight.

    It reflects a China that is no longer just a producer of goods, but a producer of desire.

    It’s tempting to see Labubu as a fad like fidget spinners, Beanie Babies, or Tamagotchis. But it signals something deeper: a shift in how Chinese cultural products can evoke emotion, status and aspiration on a global scale.

    This tiny plush toy took nearly a decade to become a global sensation. China’s hopes of fully realising its soft power potential may take even longer. But if Labubu is any indication, the way forward may depend less on state-led campaigns and more on organic, bottom-up cultural momentum.

    Ming Gao receives funding from the Swedish Research Council. This research was produced with support from the Swedish Research Council grant “Moved Apart” (nr. 2022-01864). Ming Gao is a member of Lund University Profile Area: Human Rights.

    ref. Labubu plushies aren’t just toys. They’re a brand new frontier for Chinese soft power – https://theconversation.com/labubu-plushies-arent-just-toys-theyre-a-brand-new-frontier-for-chinese-soft-power-259146

    MIL OSI AnalysisEveningReport.nz

  • MIL-Evening Report: Labubu plushies aren’t just toys. They’re a brand new frontier for Chinese soft power

    Source: The Conversation (Au and NZ) – By Ming Gao, Research Fellow of East Asia Studies, Lund University

    Katerina Elagina/Shutterstock

    One of the most sought-after items of 2025 isn’t a designer handbag or the latest tech gadget. It’s a plush elf with a snaggle-toothed grin.

    Labubu (拉布布) is a global sensation. From David Beckham and Rihanna to Dua Lipa and Blackpink’s Lisa, celebrities – and even members of the Thai royal family – have been spotted showcasing their Labubu collections.

    Created in 2015 by Hong Kong artist Kasing Lung for his picture-book series The Monsters, Labubu gained mass popularity when toy company Pop Mart began releasing it as blind-box collectables in 2019. The toys are often sold in these blind-boxes, where people don’t know what make they’ve bought until after opening the box.

    The niche designer toy has since spiralled into a multi billion-dollar obsession. Plushies sell out within minutes, fans queue for hours, and rare editions like the human-sized mint-green-coloured Labubu have fetched over A$230,000 at auction.

    Labubu isn’t just a toy. It’s a glimpse of how China’s long-awaited soft power is beginning to take shape in unexpected ways.

    China’s accidental soft power icon?

    For years, the Chinese government has tried to cultivate a positive image abroad through the Belt and Road Initiative, introducing visa-free entry to boost tourism, and promoting homegrown brands.

    None of these efforts have matched the spontaneous global appeal of this small plush creature. Unlike Japan’s government-funded “Cool Japan” initiative launched in 2010, or South Korea’s highly coordinated export of creative industries, Labubu succeeded without central planning. It went viral organically: fanned by fandoms, fuelled by TikTok and amplified by celebrity endorsements.

    Now, China is starting to look “cool” to the outside world.

    Pop Mart’s blind-box sales model taps into the same reward mechanisms as online gaming. More than buying a toy, it’s about the thrill of unboxing the rarest edition, the social status of ownership, and the resale value of a seemingly childish product. This cultural product is emotionally charged and economically strategic.

    Labubu uses ‘blind boxes’ – where buyers don’t know what model they’ll get – to emotionally hook collectors.
    Tatiana Diuvbanova/Shutterstock

    For China, Labubu represents an unintentional yet potent form of soft power: a quirky figure that makes the country feel playful, creative and emotionally accessible.

    In an era when global perceptions of China are often shaped by geopolitics, surveillance, and authoritarianism, Labubu seems to offer something different – something disarming.

    How Japan and Korea use cultural exports

    Japan, long celebrated for its exports of anime, fashion, and food culture, launched its “Cool Japan” strategy in 2010 to formalise and promote its creative industries abroad.

    The initiative helped amplify global interest in sectors such as anime and cuisine but it often struggled with bureaucratic inefficiency, market misjudgements and unclear performance metrics.

    Many of the country’s cultural successes – from Pokémon and Studio Ghibli to ramen and izakaya – were largely driven by market forces and fan communities, rather than by the government.

    South Korea provides a more recent, effective model. The Korean Wave, or hallyu, has been heavily supported by state investment and infrastructure.

    From the film Parasite to global icons such as K-Pop band BTS, South Korea’s cultural output has earned international acclaim and helped rebrand the nation on the world stage.

    Importantly, it was a case of soft power being harnessed intentionally and strategically, with entertainment at the forefront of foreign policy.

    Labubu represents a third model: accidental soft power born from a commercial ecosystem in China increasingly focused on intellectual property (IP), lifestyle branding and consumer-driven trends.

    The emotional politics of toys

    Beyond its political implications, the Labubu craze reflects wider shifts in global consumer culture. Today’s toy market is no longer just for children.

    The adult “kidult” sector, driven by nostalgia, comfort-seeking, and collectability, is rising.

    The frenzy over Labubu is part of this trend, where millennials and Gen Z buyers invest in emotionally charged objects as expressions of identity, status and belonging.

    The popularity of labubu has seen long lines at PopMart shops around the world, like this one in South Jakarta.
    petanicupu/Shutterstock

    At the same time, Labubu represents a growing intersection between play and finance. The resale market treats plushies like speculative assets. Their scarcity creates value; their emotional resonance creates demand.

    It’s capitalism with a fuzzy face.

    Not everything is cuddly. In cities like London or Seoul, Pop Mart was forced to suspend sales after scuffles broke out among fans competing to buy the toys. And a surge in global counterfeits has raised growing concerns over IP protection and consumer trust.

    The rise of China’s soft power

    Labubu may look like a mischievous little elf, but it carries serious cultural weight.

    It reflects a China that is no longer just a producer of goods, but a producer of desire.

    It’s tempting to see Labubu as a fad like fidget spinners, Beanie Babies, or Tamagotchis. But it signals something deeper: a shift in how Chinese cultural products can evoke emotion, status and aspiration on a global scale.

    This tiny plush toy took nearly a decade to become a global sensation. China’s hopes of fully realising its soft power potential may take even longer. But if Labubu is any indication, the way forward may depend less on state-led campaigns and more on organic, bottom-up cultural momentum.

    Ming Gao receives funding from the Swedish Research Council. This research was produced with support from the Swedish Research Council grant “Moved Apart” (nr. 2022-01864). Ming Gao is a member of Lund University Profile Area: Human Rights.

    ref. Labubu plushies aren’t just toys. They’re a brand new frontier for Chinese soft power – https://theconversation.com/labubu-plushies-arent-just-toys-theyre-a-brand-new-frontier-for-chinese-soft-power-259146

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Africa: SA supports the inclusion of more voices at SPIEF 

    Source: South Africa News Agency

    With the St. Pietersburg International Economic Forum (SPIEF) remaining as one of the foremost platforms for global dialogue on economic cooperation and inclusive growth, South Africa supports the increasing inclusion of voices from the Global South at the forum.

    “The St. Petersburg International Economic Forum has evolved over the years from a primarily Russian and Eurasian platform into a global meeting point for policymakers, economists, CEOs, innovators, and thought leaders. SPIEF provides a space for emerging economies to shape global economic discourse, influence trade rules, and negotiate developmental priorities.

    “In this regard, South Africa supports the increasing inclusion of voices from the Global South at SPIEF. We support the growing participation of delegations from Africa, Latin America, and Asia,” said Deputy President Paul Mashatile.

    In his address to the plenary session of the forum on Friday, the Deputy President said that it is essential that the platform “not only reflects but actively amplifies the aspirations and strategic interests of developing economies.”

    The Deputy President’s participation in the SPIEF formed part of his working visit aimed at strengthening economic and trade ties between South Africa and Russia.

    He said that SPIEF’s value lies in its unique capacity to bridge geopolitical divides and promote dialogue beyond the dominant narratives adding that it enables countries with diverse histories, economies, and political systems to find common ground in promoting trade, innovation, and sustainable development. 

    “In an era of growing polarisation, SPIEF is a vital pillar of pragmatic cooperation. South Africa is prepared to contribute to the promotion of cooperation and collaboration among nations in order to benefit all. We believe that a more equitable, prosperous, and tranquil world can be achieved through collaboration,” he said.

    G20

    With South Africa presiding over the G20 this year, the country has prioritised issues like debt sustainability, global financial reform, access to technology, and inclusive economic recovery.

    “We are championing the representation of Africa in global decision-making structures, including the full integration of the African Union into the G20 framework.

    We are also working to ensure that global economic policy aligns with the goals of Africa’s Agenda 2063, the African Union’s blueprint for inclusive growth and sustainable development. It promotes industrialisation, connectivity, regional integration, and the African Continental Free Trade Area. We offer a compelling value proposition to global investors and partners,” said the Deputy President.

    He said that South Africa is the gateway to Africa, rooted in democratic governance, a robust financial system, and world-class infrastructure. The country also boosts strong institutions and aims to be a centre of innovation, inclusive industrialisation, and green growth.

    “Moreover, South Africa brings to the table decades of multilateral experience, a commitment to peacebuilding and development cooperation, and a bridge-building role between advanced and emerging economies. We do not merely seek partnerships—we offer solutions, grounded in African realities and global aspirations.

    “In doing so, South Africa hopes to cement G20 priorities in African reality, ensuring that the recovery from global crises does not exacerbate inequality but rather creates opportunities for inclusive transformation. We are pushing for a new international development funding agreement that resolves historical inequalities while also preparing the Global South to respond to future shocks with resilience.”

    Multilateralism

    The Deputy President also spoke of the need to reinvigorate multilateralism.

    “The multilateral order is under pressure, and economic nationalism is on the rise. At the same time, we face collective challenges that require urgent cooperation: climate change, energy transitions, food insecurity, global health disparities, and digital inequality.

    “It is in this context that we must reaffirm the principles of mutual respect, sovereignty, equality, and solidarity. We must resist the return to protectionism and instead build a global trading system that is transparent, rules-based, and inclusive.”

    He added that developing economies must have greater representation in global standard-setting institutions. In addition, the reform of the World Trade Organisation, the International Monetary Fund, and other Bretton Woods institutions must be accelerated to reflect contemporary global realities.

    “Through the strengthening of multipolarity, we are able to harness the collective power of our nations to construct a future that is more sustainable for future generations. South Africa is prepared to do its share in promoting international cooperation and collaboration for the future of all nations. 

    “The future is not being written in boardrooms in the Global North alone. It is being written in the towns of East Africa, in the innovation corridors of Southeast Asia, in the mines and digital labs of Latin America, and the energy, agriculture, and science sectors of Eurasia. SPIEF is one of the few remaining global platforms where this future can be shaped in dialogue.”

    Deputy President Mashatile called for investment in partnerships that are equitable and mutually beneficial. –SAnews.gov.za

    MIL OSI Africa

  • MIL-OSI Russia: Report “Development of the “Central Asia-China Spirit”: achievements, opportunities and prospects for regional cooperation” /1/

    Translation. Region: Russian Federal

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

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

    ASTANA, June 22 (Xinhua) — The Xinhua Research Institute on Sunday released a report in the Kazakh capital Astana titled “Development of the Central Asia-China Spirit: Achievements, Possibilities, and Prospects of Regional Cooperation.” The full text of the report is given below.

    Development of the “Central Asia-China Spirit”:

    achievements, opportunities and prospects of regional cooperation

    Xinhua News Agency Research Institute

    Table of contents

    Preface

    Chapter 1. Results of cooperation between China and Central Asia

    1.1 Strengthening trade and economic ties

    1.2 Infrastructure development and deepening interconnectivity

    1.3 Accelerated development of cooperation along the entire production chain in the energy industry

    1.4 Innovative cooperation towards a green transition

    1.5 Promoting the formation of internal development potential in the countries of Central Asia

    1.6 Dialogue of civilizations as a solid spiritual basis for cooperation

    1.7 Peace, security and stability as a basis for sustainable development

    Chapter 2. Opportunities and Challenges in China-Central Asia Cooperation

    2.1 New Opportunities as a Result of China’s Opening Up

    2. Potential for cooperation in the field of green economy and digital technologies

    2.3 Regional cooperation as a factor of geo-economic expansion

    2.4 Risks and challenges in the field of development and security

    Chapter 3. Looking to the Future: Strengthening the Regional Community of Shared Destiny

    3.1 Mutual support as the basis of a regional community of common destiny

    3.2 Joint development for the sake of regional prosperity

    3.3 Formation of a common security barrier for stability of the entire region

    3.4 Friendship of peoples in the spirit of the times as a guarantee of mutual understanding

    Conclusion

    Explanatory note and thanks

    Preface

    Central Asia is the heart of Eurasia, closely linked to China by a common nature and destiny, like two banks of a single river: different, but inseparable. This region is a crossroads of ancient civilizations, where different peoples and customs meet and merge. The region serves as a hub of interregional connections and a real “melting pot” of human culture.

    Looking back, we can see how China, together with the peoples of Central Asia, contributed to the establishment and prosperity of the great Silk Road, leaving behind vivid evidence of cooperation over the centuries: “Caravans stretched to the horizon, and overseas merchants flocked to the border outposts day after day.”

    In the new era, China and the Central Asian countries have become good neighbors, reliable friends, partners and brothers bound by a common destiny. Together, they are opening a new page of “friendly, safe and prosperous neighborhood” in the Eurasian space, developing and shaping the “Central Asia-China Spirit” characterized by mutual respect, mutual trust, mutual benefit, mutual assistance and promoting joint modernization through high-quality development.

    They are creating a model example of regional cooperation for the entire world.

    Since Chinese President Xi Jinping put forward the Belt and Road Initiative in 2013, China and Central Asian countries have been working together to promote the comprehensive revival of the Silk Road and build a close partnership for the future. Bilateral relations have entered a new era and reached an unprecedented level. President Xi Jinping has paid nine visits to Central Asia, visiting all five countries and eight cities, and established strong friendship with the leaders of the region. The video summit to mark the 30th anniversary of the establishment of diplomatic relations and the first China-Central Asia Summit have become important milestones in the history of bilateral ties. Based on the interests of their peoples and striving for a brighter future, China and the Central Asian countries have made a historic choice to build a closer community of shared destiny, which once again underscores their determination to develop cooperation at a higher level, with higher standards and on a qualitatively new basis.

    The recently concluded second China-Central Asia Summit marked a new start in the development of cooperation between China and the countries of the region. At this historic moment, this report offers a comprehensive overview of the key achievements, existing opportunities and challenges of the China-Central Asia partnership in the new era, as well as forecasts and analytical assessments of the prospects for further cooperation.

    The report notes that since the beginning of the new era, cooperation between China and Central Asian countries has borne rich fruit in seven major areas: trade and economic cooperation, infrastructure development, energy cooperation, new areas of partnership, enhancing development potential, mutual cultural enrichment, and joint promotion of peace and stability. China’s high-quality development, high level of its openness, as well as a new round of scientific and technological revolution and industrial transformation create unique opportunities for expanding China-Central Asian cooperation. At the same time, the partnership faces a number of challenges, including unilateral actions, rising protectionism, geopolitical risks, and threats in the field of non-traditional security.

    Looking to the future, the report stressed that cooperation between China and Central Asian countries should be based on the concept of building a community with a shared future for mankind and follow the three global initiatives. Mutual support, common development, common security and friendship passed down from generation to generation should remain the fundamental principles, aiming to strengthen the regional community with a shared future, jointly create a new chapter of regional prosperity, build a common security shield and deepen the cordial affinity between the peoples.

    We believe that in the new era, cooperation between China and Central Asia will bring sustainable development and more benefits to the peoples of the region, bring stability and positive energy to the troubled world, and become an important example of regional partnership in building a community with a shared future for mankind.

    Chapter 1. Results of cooperation between China and Central Asia

    Our cooperation is rooted in more than two thousand years of friendly relations, is reinforced by solidarity and mutual trust that has been established for 30 years since the establishment of diplomatic relations, and is significantly moving forward thanks to mutually beneficial cooperation in the new era. Many years of experience and practice have enabled us to develop and shape the “Central Asia-China Spirit”, characterized by mutual respect, mutual trust, mutual benefit, mutual assistance and the promotion of joint modernization through high-quality development.

    — Chairman of the People’s Republic of China Xi Jinping

    1.1 Strengthening trade and economic ties

    In recent years, trade and economic cooperation between China and the Central Asian countries has been steadily developing in both quantitative and qualitative terms. China has become the largest trading partner and the main source of investment for the countries in the region. After the first China-Central Asia Summit was held in 2023, the Chinese side took additional measures to promote trade, ensuring the stable flow of goods and expanding the supply of products from the Central Asian countries. As a result, bilateral trade is becoming increasingly diversified, the potential for economic cooperation continues to be actively realized, and the scale of trade is reaching new levels. The total volume of trade between China and the Central Asian countries reached 94.8 billion US dollars in 2024, an increase of 5.4 billion compared with the previous year, representing an increase of 7.2%. Compared with the initial period of establishing diplomatic relations, when this figure was only 460 million dollars, it has increased more than a hundredfold.

    Strategic alignment of the parties. An important feature of cooperation between China and the Central Asian countries is the strategic alignment of key plans and initiatives in the field of economic development. The parties strive for in-depth coordination and alignment of the Belt and Road initiative with the national development programs of the countries of the region: the New Economic Policy of Kazakhstan, the National Development Program of Kyrgyzstan until 2026, the National Development Strategy of Tajikistan for the period up to 2030, the Revival of the Silk Road strategy of Turkmenistan and the Development Strategy of the new Uzbekistan for 2022-2026. Such alignment strengthens practical cooperation in various fields and contributes to the formation of a new model of complementary and mutually beneficial partnership. During the second China-Central Asia Summit, China and the five Central Asian countries signed a treaty on eternal good-neighborliness, friendship and cooperation, which enshrined the principle of friendship between generations in legal form and became a new milestone in the history of relations between the six countries.

    Practical cooperation enters the “highway”. As China-Central Asia cooperation deepens, practical cooperation enters the “highway”. The two sides improve trade policies and work hard to ensure a stable, fair, transparent and sustainable investment climate, making trade, investment and business environment even more attractive. As of December 2024, China’s accumulated direct investment in Central Asian countries exceeded US$17 billion, and the total volume of completed contract work amounted to more than US$60 billion. Cooperation covers such areas as oil and gas production, interconnected infrastructure, manufacturing and the digital economy.

    In the Xinjiang-Uygursky Autonomous Region of China, bordering the countries of Central Asia, optimizing the work of border crossings with Kazakhstan, Kyrgyzstan and Tajikistan, passes are more quickly and more efficient. The first cross -border cooperation zone of Horgos, jointly created by China and Kazakhstan, has been operating in the innovative model of “inside the country – outside the customs territory (or“ within the country, but outside customs borders ”). This International Center has become a flagship project of bilateral economic cooperation as part of the“ One Belt, One Way. ”The starting point of the ancient shalk track. – Shensi’s province forms the center of trade in widespread consumption, such as grain, fruits and vegetables, together with the countries of the region, China develops international logistics nodes and logistics parks The Center in the north-west of the Ciano International Port, introduced the RFID radio frequency technology, which allowed to reduce the assembly time of new energy cars and increase the efficiency of organizing trains on the route China-Europe.

    Chinese -made products, including everyday goods, machine -building equipment and electronic products, are in sustainable demand among consumers in Central Asia. Products from the category of “new three types” became the basis of Chinese exports to the region. At the same time, energy resources and agricultural products from Central Asia countries are expanding the Chinese market, expanding the choice for consumers. China discovered eight “green corridors” for accelerated customs clearance of agricultural products, completely covering all car border crossings. The trade in agricultural products between the parties is rapidly developing. Export to China of high -quality agricultural goods from Central Asia, such as lemons from Tajikistan and cherries from Uzbekistan, is growing rapidly. At the same time, fresh peaches from Hebei province and Yanan apples first entered the tables of consumers in Central Asia. The Kerekhovaya and oil and fat industrial group “Aiju Grain and Oil Group), effectively using complementarity in agrarian cooperation between China and the countries of Central Asia, built and commissioned the logistics and agro-industrial park with a capacity of 1 million tons in the North Kazakhstan region. Chinese standards in the field of equipment, technology, management and service have brought real benefits to the local population. Such interaction contributes to mutually beneficial cooperation in the field of food security. Thanks to the joint efforts of China and the countries of Central Asia, the stability and effectiveness of regional production and logistics chains are ensured.

    1.2 Infrastructure development and deepening interconnectivity

    Connectivity development is a priority area of cooperation between China and Central Asian countries. The two sides make full use of the region’s geographical advantages to build “fast corridors” for the free movement of people and improve “green corridors” for the efficient movement of goods. These measures help transform Central Asian countries from “landlocked” to “land-connected,” strengthening their position as an important transportation hub on the Eurasian continent. Such infrastructure development improves people’s living conditions and stimulates the unleashing of the potential of higher-level connectivity, including the Internet of Things and other areas of digital integration between China and Central Asia.

    China and Central Asian countries have been pioneers in jointly implementing the Belt and Road Initiative, accelerating the construction of the China-Central Asia Transport Corridor and forming a multi-layered and diversified system of regional connectivity. This has resulted in the implementation of many mutually beneficial infrastructure projects. China’s construction of the Kamchik Pass Tunnel of the Angren-Pap Railway, the longest in Central Asia, has eliminated the need to bypass third countries when transporting through Uzbekistan, radically changing the mode of transportation for tens of millions of people. The China-Kyrgyzstan-Uzbekistan Highway, which crosses the Tien Shan Mountains, and the China-Tajikistan-Uzbekistan Highway, which passes through the Pamir Plateau, form a dense network of routes for freight transportation between China and Central Asian countries, significantly improving logistics and bringing tangible benefits to the people of the region.

    On December 27, 2024, the construction of the China-Kyrgyzstan-Uzbekistan railway officially began. The route of the new line starts in Kashgar, passes through the territory of Kyrgyzstan and enters Uzbekistan, with the prospect of further construction in the direction of West and South Asia. Once completed, the railway will become an important part of the southern route of the New Eurasian Continental Bridge. It will provide a convenient transport corridor connecting East and Southeast Asia with Central, West Asia, North Africa and Southern Europe. This will significantly reduce the costs of international trade for the participating countries and increase their level of integration into the world economy.

    China has signed intergovernmental air transport agreements with all five Central Asian countries, and the opening up of the aviation market continues to progress. Air traffic between Xi’an and the countries in the region has evolved from no routes at all to covering seven cities in all five countries. Currently, eight passenger flights are operating regularly, connecting China with seven cities in Central Asia. These airlines provide a strong link between the economic zones of China and Central Asia, promoting the effective integration of industrial and social supply chains.

    The China-Europe and China-Central Asia trains, which operate non-stop day and night, effectively ensure the stability and continuity of international logistics chains. On April 23, a China-Europe freight train with 55 containers of consumer goods and electronic components departed from the Khorgos border station in Xinjiang to the Polish city of Malaszewicze. This trip was a landmark one, as the number of trains passing through the Khorgos railway checkpoint exceeded 3,000, and this figure was reached 27 days earlier than last year. This was a new historical record, exceeding the figure of last year by 28.7%. According to statistics, 19 thousand China-Europe trains were sent in 2024, which is 10% more than in the previous year, and the volume of transportation amounted to 2.07 million TEU (conventional containers), which is 9% higher than the same indicator last year. 12 thousand trains were sent on the China-Central Asia route (an increase of 10%), 880 thousand TEU were transported (an increase of 12%). Currently, the China State Railway Corporation has approved 44 regular routes in the direction of Central Asia, thereby forming new international transport corridors in the Eurasian space.

    The Trans-Caspian International Transport Corridor starts in China, passes through Kazakhstan, the Caspian coast, Azerbaijan and Georgia, and then stretches to Turkey and European countries. In July 2024, Chinese President Xi Jinping and Kazakh President Kassym-Jomart Tokayev jointly attended the launch ceremony of the China-Europe direct express route via video link. For the first time, Chinese vehicles reached a Caspian port via a direct road route, which marked the official formation of a multi-level and multi-vector interconnected system combining road, rail, air and pipeline transport.

    The China-Europe train consolidation centers are developing at an accelerated pace, forming a more efficient and convenient transportation system. In February 2024, the Kazakhstan terminal in Xi’an, built in cooperation between Xi’an Free Trade Port Construction and Operation Co., Ltd. and KTZ Express JSC, began operating. In just one year, the terminal handled over 150 thousand tons of cargo, which contributes to the accelerated consolidation and distribution of Kazakhstani goods undergoing import and export operations through Xi’an. In addition, the terminal has become the embodiment of Kazakhstan’s initiative to accelerate the creation of a trade and logistics center in China. With the commissioning of the China-Kazakhstan logistics hub in Almaty on June 10 this year, the hub-to-hub transport corridor has moved to a new level.

    1.3 Accelerated development of cooperation along the entire production chain in the energy industry

    Central Asian countries are important oil and gas producers, and have a high degree of complementarity with China in such aspects as natural resource conditions and industrial structure. In recent years, China and Central Asian countries, through a mutually beneficial cooperation model, have been jointly building multi-vector, safe and efficient energy corridors, consistently expanding cooperation in such basic areas as energy and mining.

    Chinese enterprises attach great importance to the development of energy cooperation with the Central Asian countries, building long-term and strong partnerships with relevant government agencies and energy companies in the region. Back in 1997, the China National Petroleum Corporation (CNPC) successfully won a tender for the development of the Akzhuba oil field in Kazakhstan, which marked the beginning of cooperation between China and Kazakhstan in the oil and gas sector. Over the past years, Akzhubin has grown from an enterprise with an annual oil production volume of just over 2 million tons into a large oil and gas company with an annual production of over 10 million tons of oil and gas. On its basis, a full chain of the industry cycle was formed, including oil and gas exploration and production, pipeline construction and operation, oil refining and petroleum product trading, engineering and construction services, oil and gas equipment production and transportation, information technology and logistics support. The project also contributed to the creation of over 20 thousand jobs for the local population.

    In Tajikistan, Chinese energy equipment manufacturing companies built and commissioned the Thermal Power Plant No. 2 in Dushanbe, which made it possible to permanently resolve the problem of electricity shortages in the capital in winter. In Kyrgyzstan, with the support of the Chinese side, the modernization of the Bishkek Thermal Power Plant was completed, as a result of which its annual electricity generation increased from the previous 262 million kilowatt-hours to 1.74 billion, and the volume of heat supply almost doubled. In Turkmenistan, as part of the project to develop natural gas fields in the Amu Darya basin, implemented with the participation of the China National Petroleum Corporation, a production level equal to tens of millions of tons of oil equivalent per year has already been achieved, and the annual capacity of natural gas supplies exceeds 10 billion cubic meters. The implementation of a number of such large-scale projects contributes to the steady expansion of oil and gas trade between China and the countries of Central Asia, as well as to the deepening of cooperation along the entire production chain of the energy industry.

    Thanks to many years of practical cooperation between China and Central Asian countries, the network of pipeline infrastructure construction and operation is gradually improving. Lines A, B and C of the China-Central Asia gas pipeline, running through endless deserts, have been successfully put into operation and connected to the II and III stages of China’s West-East mainline. The construction of Line D is proceeding at an accelerated pace, bringing real benefits to the people of the countries along the route. In addition, the Kazakhstan-China oil pipeline has become the first international energy corridor directly connecting Kazakhstan with foreign end markets. Its implementation has made a significant contribution to the diversification of Kazakhstan’s energy exports.

    With the steady advancement of the Belt and Road Initiative, energy cooperation between China and Central Asian countries continues to deepen. It not only helps improve the region’s energy infrastructure and inject new impetus into the socio-economic development of both sides, but also makes a significant contribution to optimizing the region’s energy structure and ensuring sustainable ecological development.

    1.4 Innovative cooperation towards a green transition

    Fossil fuels currently account for about 95% of the energy supply in the five Central Asian countries. Against the backdrop of increasing climate change and the global energy transition, the region’s countries are showing growing interest in cooperation in the areas of renewable energy and green economy. However, due to limited financial resources, a shortage of specialists, and an insufficient level of technological development, the implementation of a green transition faces certain difficulties.

    During the first China-Central Asia Summit, China and the five countries in the region reached a number of agreements, including launching a joint initiative on green and low-carbon development, as well as deepening cooperation on sustainable development and combating climate change. In support of the Central Asian countries’ course towards ecological transformation, China, using its governance and production advantages in the field of new energy, is actively promoting the region’s significant potential in the field of renewable energy resources.

    In early April 2025, the Bash and Dzhankeldy wind energy projects, implemented with the investment and operational participation of China Southern Power Grid, were officially commissioned in Uzbekistan. These facilities have become the largest completed wind farms in Central Asia. Their annual output is expected to be about 3 billion kilowatt-hours of clean electricity, which will reduce carbon dioxide emissions by 1.6 million tons annually.

    More and more Chinese companies are investing in the construction of enterprises and the development of green energy in Central Asian countries, actively expanding cooperation in the field of renewable energy sources. In Uzbekistan, a 100-megawatt solar power plant was commissioned in Navoi, in Kazakhstan – a wind farm in Zhanatas, a hydroelectric power station in Turgu-Sun and a solar power plant in Almaty. The Chinese energy corporation China Huadian Group has begun construction of a gas turbine power plant in Aktau and a solar power plant in Sheli. These projects not only provide Central Asian countries with stable and sustainable green electricity, but also contribute to the modernization of local industries and create a significant number of jobs.

    China is actively developing international cooperation with Central Asian countries in combating desertification. The practical experience and scientific approaches developed in the framework of ecological recovery of the “Three Norths”, including Ningxia Hui Autonomous Region, Inner Mongolia and other regions, as well as the experience of developing the Taklamakan Desert have become a reference point for Central Asian countries that are facing similar problems of land degradation. Such cooperation not only offers real solutions in the field of sustainable development, but also opens up broad prospects for promoting the green direction within the framework of the “One Belt, One Road” initiative.

    The Aral Sea, located on the border of Uzbekistan and Kazakhstan, was previously considered the fourth largest lake in the world. But due to half a century of large-scale development of land and water resources, its area has shrunk from about 67,000 square kilometers in 1960 to about 6,000 square kilometers in 2020. This has caused serious environmental consequences: desertification, soil salinization, loss of biodiversity, and other problems. In the face of the environmental crisis, China and Central Asian countries have joined forces to implement comprehensive measures to restore the ecosystem of the Aral region. The Institute of Ecology and Geography of the Xinjiang Branch of the Chinese Academy of Sciences signed a cooperation agreement with the government of Uzbekistan and specialized organizations aimed at the ecological rehabilitation of the Aral Sea. In 2023, a pilot site was organized in the city of Nukus in western Uzbekistan, where drip irrigation technology under a film with the simultaneous supply of water and fertilizers for growing cotton was tested. Already in the first year, the yield reached a record level for this region. Currently, the institute’s specialists continue to work in the city of Muynak, located on the shallow coast. Here, salt- and drought-resistant plant species are being selected, which will become the basis for the future “greening” of the dried-up seabed and the restoration of the region’s ecosystems.

    1.5 Promoting the formation of internal development potential in the countries of Central Asia

    “China’s experience in overcoming poverty clearly shows that with persistence, step-by-step implementation of a unified plan, and persistence like a drop breaking through a rock, the problem of poverty in developing countries can be solved. Even the weakest bird can fly first – and fly high. If China can do it, other developing countries can too.” These are the words with which Chinese President Xi Jinping shared China’s experience in combating poverty with the world community at the G20 Leaders’ Summit in Rio de Janeiro in November 2024.

    Poverty is a long-standing problem of human society and a common challenge facing the entire world. China’s experience in combating poverty has attracted the attention of the international community and has become an important source of inspiration for Central Asian countries. China’s cooperation with the countries of the region has gradually shifted from the traditional one-sided “donor aid” to a model of mutual development based on technology transfer, industrial modernization, personnel training and other forms of assistance. This contributes to the joint formation of internal potential for sustainable growth and social stability.

    Implementation of targeted projects on poverty reduction with an emphasis on technology localization in accordance with the needs of Central Asian countries. China and the Central Asian countries are actively developing specialized cooperation in the field of scientific and technological support for poverty alleviation. Taking into account regional characteristics and industry constraints, the parties are accelerating the transfer of technologies to upgrade production in areas such as agricultural modernization, energy transition and infrastructure development. Within the framework of the first China-Central Asia summit, China and Uzbekistan agreed to establish a subcommittee on cooperation in the field of poverty reduction under the Intergovernmental Cooperation Committee. This is the first such subcommittee established by China in the format of interstate cooperation. Since the launch of the China-Uzbekistan cooperation mechanism on poverty reduction, the parties have achieved significant results in the areas of institutional development, personnel training and exchange of practical experience. These efforts not only contribute to the socio-economic development of Uzbekistan, but also significantly expand the content of the bilateral partnership. According to a joint study conducted by the National Statistics Committee of the Republic of Uzbekistan and the World Bank, in 2024, 719 thousand people overcame the poverty line, and the overall poverty level in the country decreased to 8.9%.

    In recent years, Northwest University of Agricultural and Forestry Science and Technology of China, based on its strong scientific areas (crop breeding, plant protection from diseases and pests, water-saving irrigation, veterinary medicine and animal husbandry, development of saline lands and food processing), has established eight overseas agricultural research and demonstration parks in Central Asian countries. One of them, a demonstration park for the technology of breeding elite varieties of fruit trees, was founded in Kyrgyzstan in 2023 in cooperation with local universities and enterprises. Taking into account the hot and dry climate of the region, which is unfavorable for growing apple trees, Chinese agricultural experts developed and selected variety-rootstock combinations. These combinations showed higher efficiency of moisture use and better survival rate compared to traditional seedlings, which made it possible to significantly increase yields and contribute to an increase in the income of local gardeners.

    Implementation of technical skills development programs as a basis for building domestic development potential. The Lu Ban Workshops, named after the legendary Chinese craftsman Lu Ban, have become a new platform for international cooperation in vocational education. In Central Asian countries, these workshops develop technical training programs based on the actual needs of local development, providing sustainable support for industrialization and poverty reduction in the region.

    Kazakhstan has become the first country in Central Asia to introduce electric vehicles on new energy sources on a large scale. However, despite the rapid growth of this sector, the country is experiencing a serious shortage of qualified specialists capable of servicing such vehicles. In December 2023, the first “Lu Ban Workshop” began operating in Kazakhstan. The first educational program was “Vehicles and Technologies”. Four training and production zones were created for practical training: on vehicle maintenance, traditional (fuel) transport systems, vehicles on new energy sources, and intelligent network transport systems. In response to the needs of the local labor market, in 2024 the workshop developed a number of new courses, including “Transmission and Intelligent Vehicle Control Technologies”, “Driver Assistance Systems (ADAS)”, and others. In addition, a new educational program “Smart Transport and Artificial Intelligence” was launched. Graduates of the Lu Ban Workshop are in high demand, and are actively invited to work by the largest automakers, as well as enterprises in the metallurgical and mining industries of Kazakhstan. In July 2024, China decided to open a second Lu Ban Workshop in the country, which will focus on training personnel for the rapidly developing artificial intelligence industry.

    At the same time, Lu Ban Workshops is implementing a “dual education” model – a combination of Chinese language training and professional skills development, which helps integrate the education system with the real needs of industry. In the context of the implementation of the “One Belt, One Road” initiative, Chinese enterprises are actively being created in Central Asian countries, which opens up broad employment opportunities for local people. The “Chinese language professional skills” model effectively improves the skills of local people through short-term courses, extra-academic and formal vocational training programs. This not only helps partially solve the problem of shortage of qualified personnel for enterprises with Chinese participation, but also promotes job creation, and thus contributes to socio-economic development and improving the standard of living in the region.

    1.6 Dialogue of civilizations as a solid spiritual basis for cooperation

    More than two thousand years ago, the civilization of central China and the cultures of Central Asia entered an era of deep integration thanks to the ancient Silk Road. This historical process laid the foundation for mutually beneficial cultural exchange and coexistence, becoming a solid foundation for modern inter-civilizational dialogue and cultural solidarity. Today, civilizational interaction between China and the Central Asian countries continues at a new level. It not only preserves and develops the cultural genes of the Silk Road era, but also serves as a powerful spiritual resource for promoting the idea of a community with a common destiny for humanity in the context of global transformation.

    A thousand-year-old friendship with the aroma of medicine remains forever. Since the emergence of the Silk Road, traditional Chinese medicine began to spread to the countries of Central Asia along with trade caravans, gradually integrating with local medical practices and contributing to their development. The Xi’an Declaration of the first China-Central Asia Summit particularly emphasized the need to “promote the establishment of traditional Chinese medicine centers, develop cooperation in the field of growing and processing medicinal herbs, and jointly pave the “Healthy Silk Road”.” In recent years, China’s cooperation with the Central Asian countries in the field of traditional medicine has been actively expanding on the basis of a number of specific joint projects. A multi-layered partnership network is being formed, covering healthcare, education and scientific research. Traditional Chinese medicine is becoming an important link, strengthening humanitarian ties and mutual understanding between the peoples of China and Central Asia.

    In March 2023, the Fourth Clinical Hospital of Xinjiang Medical University (regional hospital of traditional Chinese medicine), together with the Institute of Physical and Chemical Technology of the Xinjiang Branch of the Chinese Academy of Sciences, founded the first Center for Treatment and Training of Specialists in Traditional Chinese Medicine in Central Asia in Tashkent. As part of the project, 14 Chinese therapy methods, including acupuncture and Tuina massage, were successfully integrated into the regional healthcare system. In September of the same year, the above-mentioned hospital won a tender for the implementation of a national project to establish a China-Uzbekistan Center for Traditional Chinese Medicine. And in October, a course in Chinese medicine became a mandatory discipline in the bachelor’s degree program in traditional medicine at Tashkent State Medical University. This became the first full-fledged introduction of Chinese medicine into the higher education system of Central Asia, opening the way for the systematic training of specialized personnel locally.

    Culture as a bridge to bring hearts together.

    The Year of Tourism, the Year of Culture and the Central Asian Art Festival have been very popular with the Chinese people, and Chinese TV series such as “Minning City” and “My Altai” have resonated with Central Asian viewers. In order to implement key high-level agreements, China and Turkmenistan organized mutual Years of Culture in 2023-2024, thereby demonstrating their desire to strengthen humanitarian cooperation. Both countries have rich cultural heritage and centuries-old history. Through dance, vocal and theatrical arts, the parties presented their national identity and artistic originality, which contributed to deep cultural integration and rapprochement of peoples.

    The Nauryz holiday is an ancient tradition of the peoples of Central Asia. In March 2025, an art group from the Samarkand region of Uzbekistan presented a vibrant festive program at the Silk Road Happy World Cultural Park in the Chinese city of Xi’an. Through songs and dances, the artists conveyed the atmosphere of spring renewal, and the treat of national dishes turned the performance into a real gastronomic holiday. In April, the Consulate General of the Republic of Kazakhstan in Xi’an organized festive events in honor of Nauryz. The program included a friendly mini-football match, traditional national games, a talent contest, as well as performances of Kazakh folk music and dance. The goal of the holiday was to promote ethnocultural traditions, deepen people’s diplomacy and expand platforms for multilateral humanitarian exchange.

    Cultural and tourist exchange on the Silk Road is a movement towards each other. Tourism is becoming one of the most dynamically developing areas of cooperation between China and the Central Asian countries. The basis for this is not only favorable natural conditions and geographical proximity, but also a common historical and cultural heritage, as well as the complementary needs of the tourism markets of both sides. Deepening political trust, coordinated use of tourism resources and active market interaction make it possible to form a balanced and mutually respectful model of tourism as a form of humanitarian partnership. This gives new energy to the construction of a regional community of a common destiny and strengthens the cultural relationship between peoples.

    Central Asia is one of the fastest growing and most promising regions for inbound tourism to China. At the same time, China remains a key source of tourist flow for the countries of the region. All five Central Asian states are already fully included in the list of priority destinations for outbound tourism for Chinese citizens. In order to expand cross-border tourism, the Central Asian countries are consistently implementing measures to liberalize the visa regime. Since 2021, Uzbekistan has become the first country in the region to grant Chinese citizens the right to a visa-free stay for up to 10 days; to enter, it is enough to have a valid passport and confirmation of the travel itinerary. In November 2023, China and Kazakhstan signed an agreement on a full mutual visa-free regime, providing for the possibility of staying in the partner’s territory for up to 30 days without the need for a visa. Kyrgyzstan and Tajikistan have introduced electronic visa systems, significantly simplifying the entry procedure. On June 1, 2025, the “Agreement between the Government of the People’s Republic of China and the Government of the Republic of Uzbekistan on the mutual abolition of visas” came into force, which became another step towards strengthening humanitarian ties and facilitating mutual travel between the two countries.

    By holding tourism presentations, thematic exhibitions and other promotional activities, both sides consistently increase the recognition of tourism brands, which contributes to the growth of the attractiveness of cross-border tourism. 2024 was declared the Year of Kazakhstan Tourism in China. Thanks to the introduction of a mutual visa-free regime, there was a sharp increase in tourist flow in both directions, the number of Kazakhstani tourists visiting China increased by 31%, and the number of Chinese citizens visiting Kazakhstan increased by more than 50%. On May 29, 2025, the first cultural and tourist train “China – Central Asia” was launched, opening a new route for humanitarian interaction in the Eurasian space. This project not only strengthened the transport interconnectivity between the regions, but also gave new content to the humanitarian dimension of Chinese-Central Asian cooperation.

    1.7 Peace, security and stability as a basis for sustainable development

    At the first China-Central Asia Summit held on May 19, 2023, Chinese President Xi Jinping emphasized that the sovereignty, security, independence and territorial integrity of Central Asian countries must be reliably protected. The development path freely chosen by the peoples of the region should be respected. Central Asia’s efforts to ensure peace, good-neighborliness and stability deserve full and comprehensive support.

    In the Xi’an Declaration of the First China-Central Asia Summit, all parties unanimously noted the exceptional importance of ensuring national security, political stability and constitutional order. Any interference in the internal affairs of other states, regardless of form and pretext, including attempts to undermine the legitimate state power and organize so-called “color revolutions”, was strongly condemned. The parties also expressed firm rejection of all forms of terrorism, separatism and extremism, and confirmed their readiness to jointly combat the “three evil forces”, as well as drug trafficking, transnational organized crime, cybercrime and other types of threats. At the same time, the summit participants declared their intention to strengthen the exchange of experience on ensuring the security of key facilities and large-scale events, as well as jointly promote the safe and sustainable implementation of strategically significant projects.

    In recent years, China and the Central Asian countries have been developing comprehensive and multi-level cooperation in maintaining regional peace and stability in order to build a security community. The parties are actively increasing cooperation in the fight against terrorism, developing effective formats for multilateral interaction, and seeking new, innovative solutions in the field of security. Cooperation has been consistently expanding in key areas such as border control, countering terrorism in cyberspace, and conducting joint operations. These efforts contribute to the formation of a reliable regional security network and give a powerful impetus to ensuring long-term stability.

    In September 2024, the mechanism of the first meeting of the ministers of public security and internal affairs of China and Central Asian countries was officially launched in Lianyungang. The parties reached a number of agreements on countering transnational crime, extremism and cybercrime, and agreed to establish a permanent mechanism for exchanging information and conducting joint operations. In the same month, a meeting of the chief justices of the Supreme Courts of China and Central Asian countries was held in Urumqi, during which the parties agreed to intensify international judicial cooperation and joint efforts to combat violent extremism and terrorism. Representatives of Uzbekistan, Kazakhstan and other countries shared their experiences in the field of anti-terrorism legislation and its enforcement, which gave impetus to the formation of a new format for regional coordination in the fight against terrorism. In April 2025, at the sixth meeting of China-Central Asia foreign ministers, the participants expressed support for the establishment of the SCO Anti-Drug Center in Dushanbe. The center will operate in conjunction with the Central Asian Regional Information and Coordination Center for Combating Illicit Drug Trafficking, which will strengthen measures to identify drug trafficking and combat transnational crime.

    At the same time, China and the Central Asian countries are making efforts to deepen the institutionalization of cooperation in law enforcement and security. Multilateral and bilateral joint exercises and border patrols are held on a regular basis, which significantly reduces the space for the so-called “three evil forces”. This set of measures effectively promotes the protection of common interests in the field of security and makes a significant contribution to maintaining peace and stability in the region.

    The Xinjiang Uygur Autonomous Region of China borders on Central Asian countries. Since the first China-Central Asia Summit, China has consistently promoted security cooperation between Xinjiang and neighboring countries, strengthening cross-border cooperation mechanisms and jointly building a reliable border security line aimed at protecting peace and stability in the region. Given the complex geographical conditions and special challenges in border control in the border areas between China and Kazakhstan, Kyrgyzstan and Tajikistan, local authorities and relevant departments of both sides have been implementing innovative cooperation models.

    In November 2024, the first meeting of the Chinese-Kazakh mechanism of coordination of the activities of local authorities on the International Center for Border Cooperation “Horgos” was held in Sinjiang in the city of Horgos. The parties discussed the joint promotion of the high-quality development of the Center, as well as the strengthening of the interregional interaction between the Xinjiang-Uyghur Autonomous Region and the Zhetysu region of Kazakhstan. During the meeting, the participants exchanged views on a number of key areas of cooperation, including infrastructure development, organizing cross -border tourism, normalizing the border market environment, expanding interaction in the field of phytosanitary and veterinary control, as well as joint measures to combat crime. According to the results of the meeting, “Protocol of the first meeting of the mechanism for coordination of the activities of local authorities” and “Memorandum on the creation of a zone of cooperation in the field of cross -border tourism“ Horgos ”” were signed. In January 2025, the first meeting of the joint Sino-Kazakh commission on state border issues took place in Beijing. The parties officially announced the creation of the commission, approved its charter and highly appreciated the current state of bilateral relations, as well as the progress in the implementation of the “agreement between China and Kazakhstan on the regime of managing the state border”. It was noted that between the two countries, clearly certain boundaries were established, the border areas retain the atmosphere of stability, peace and good neighborliness. Both parties expressed their readiness to use the creation of a commission as an important impulse to further deepen cooperation in the field of border control, thereby making a contribution to the sustainable development of a comprehensive strategic partnership between China and Kazakhstan.

    Today, a stable, united and peaceful region is rapidly emerging in Central Asia, making a significant contribution to peace and stability, thereby creating a solid foundation for building a closer community with a shared future “China-Central Asia”. In March 2025, Kyrgyzstan, Tajikistan and Uzbekistan signed a border alignment agreement, finally settling border issues, which became a model for strengthening peace, stability and prosperity in the region. /follows/

    MIL OSI Russia News

  • MIL-OSI Russia: Report “Development of the “Central Asia-China Spirit”: achievements, opportunities and prospects for regional cooperation” /2/

    Translation. Region: Russian Federal

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

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

    Chapter 2. Opportunities and Challenges in China-Central Asia Cooperation

    At present, China is comprehensively promoting the building of a strong country and the great cause of national rejuvenation through Chinese-style modernization. Regardless of the changes in the international situation, China will unswervingly adhere to the policy of opening up to the outside world.

    — Chairman of the People’s Republic of China Xi Jinping

    2.1 New Opportunities as a Result of China’s Opening Up

    With global economic growth slowing, especially since the beginning of this year, the international situation is characterized by growing instability and mounting contradictions. The strengthening of unilateral actions and trade protectionism, as well as the destruction of international production and logistics chains, are seriously undermining the stability of world trade and calling into question the prospects for further global economic cooperation.

    In the face of a complex and tense external environment, China is relentlessly focused on its own development and firmly promotes a high level of openness to the outside world. In this process, China has always regarded the Central Asian region as an important area of its good-neighborly diplomacy, striving to expand mutually beneficial cooperation with countries in the region. This not only brings stability to the Central Asian economy, but also serves as a model of peaceful coexistence and mutually beneficial cooperation for the world.

    China is a major developing country that has made a major contribution to global economic growth for many years. China’s gross domestic product exceeded RMB 130 trillion in 2024, and its contribution to global economic growth remained at around 30%, the highest among the world’s major economies. As the world’s second-largest economy and one of the largest sources of investment, China has enormous market potential. In steadily advancing the Chinese model of modernization, China not only shares the fruits of its development with countries in the region and around the world to boost the global economy, but also provides new theoretical guidelines and practical models for the modernization of developing and emerging economies.

    China’s modernization model emphasizes high-quality growth based on innovation, green transition, and balanced development. China has steadily increased investment in scientific research and technological innovation, demonstrating impressive results that open up new opportunities for Central Asia. For example, the Chinese company Huawei has established a digital hub in Kazakhstan, introducing advanced ICT infrastructure. This has laid a solid foundation for the development of new forms of business such as e-commerce and mobile payments. China’s experience in renewable energy, combating desertification, reclaiming saline and degraded lands, and water-saving irrigation is no less valuable for the countries of the region. Following the principle of “teaching how to fish, not just giving it to”, China is ready to continue to facilitate the construction of large solar and wind power plants in Central Asia, thereby contributing to the optimization of the energy structure, ecological restoration, and sustainable green development of the region.

    Against the backdrop of increasing global protectionism, China has firmly maintained its high-level opening-up policy, serving as a “stabilizing anchor” and “driving force” of the global economy. The negative list for foreign investment has been reduced from the original 190 items to 29 at the national level and 27 in pilot free trade zones. In the manufacturing sector, restrictions have been completely lifted, creating favorable conditions for multinational companies investing in China. Enterprises from Central Asian countries are actively taking advantage of these opportunities. They are opening production facilities in China or entering into trade cooperation, gaining access to the huge Chinese market and developing economies of scale. The China International Import Expo, China Export and Import Fair (Canton Fair), International Silk Road Expo and other major events provide companies from Central Asian countries with high-quality platforms to showcase their products and enter new markets. For example, through these platforms, Uzbek hand-woven carpets, nuts and dried fruits from Kyrgyzstan and other Central Asian products can be offered directly to global buyers, which will help increase the recognition of these products and expand their share in international markets. In addition, this strengthens the integration of Central Asian countries into international production and logistics chains.

    The Chinese economy maintains a solid foundation, has many competitive advantages, is highly resilient, and has significant domestic potential. The trend toward long-term sustainable growth remains unchanged. China has all the industries included in the United Nations classification, and its production system is complete, flexible, and developed. This allows it to meet a wide range of production and cooperation needs. In addition, the economic structures of China and Central Asian countries are largely complementary, which creates broad opportunities for coordination in industry, logistics, and the development of supply chains between the two sides.

    In the energy sector, Central Asian countries are important suppliers of resources, and China has significant advantages in the exploration and development of deposits, the production of energy equipment and the processing of energy resources. The parties have all the necessary conditions for deepening cooperation at all stages of the energy cycle: from the exploration and production of oil and gas to the construction and operation of pipelines, the processing of raw materials and the production of petrochemical products. Such a comprehensive partnership will make it possible to form a complete and efficient energy chain.

    2.2 Potential for cooperation in the field of green economy and digital technologies

    Against the backdrop of the accelerating new scientific and technological revolution, industrial transformation and deepening regional interaction mechanisms, China and the Central Asian countries are actively developing cooperation in new promising areas.

    Green cooperation as a key to sustainable development. China and the five Central Asian countries have similar approaches and share common goals in the field of green development. In recent years, stable political ties, active economic interaction and a strong partnership in the traditional energy sector have created a solid foundation for in-depth cooperation in the field of ecological transition. Central Asia is rich in water resources, which are mainly concentrated in Tajikistan, Kyrgyzstan and Kazakhstan. In Tajikistan alone, the technical hydropower potential is estimated at about 55 gigawatts, which is more than half of the total potential of all of Central Asia. Significant wind energy resources are concentrated in Kazakhstan, but their development is still at an early stage, with an installed capacity of only about 1.2 GW. This indicates enormous potential for further development of the sector. In addition, the region has extensive reserves of strategically important minerals: cobalt, lithium, silicon, tungsten and other elements necessary for the production of clean energy. These resources have significant potential and can form a solid foundation for the formation of new green value chains.

    Against the background of the growing support of the green transition from the countries of Central Asia, the increasing demand for electricity and the growth of the need for the so -called “transitional minerals”, China is ready to provide the region with the necessary investments, technologies and infrastructure solutions. For many years, China has retained leading positions in the world in the established capacities in the field of renewable energy – in hydropower, solar and wind generation. At the same time, the country is actively promoting the modernization of the economy, based on high environmental standards. The China Energy International Group Corporation in 2024 commissioned a solar power plant with a capacity of 1 GW in Uzbekistan, the project was completely connected to energy networks. In Kazakhstan, China implements projects in the field of hydraulic and wind energy with a total installed capacity of more than 1000 MW. China has not only rich practical experience in the field of renewable energy, but also advanced technologies, competitive equipment, as well as a full -functional industry chain in the field of clean generation. This enables the Chinese side to provide the Central Asian countries with comprehensive technical and engineering solutions. Both sides can expand cooperation at all stages of the energy chain: from design and supply to the construction and operation of facilities. It is also important to develop new forms of partnership, combining investment and industrial interaction. This will contribute to the modernization and intellectualization of the “green” infrastructure of Central Asian countries, and will also bring Sino-Central Asian cooperation in the environmental sphere to a deeper, stable level.

    In the area of humanitarian ties, the number of sister city pairs between China and the five Central Asian countries has exceeded 100. Thanks to the simplification of the visa regime and the increase in the number of direct flights between China and the Central Asian countries, new opportunities are opening up for deepening ties between peoples. China and the countries of the region have a rich historical heritage and unique cultural environment, and their tourism resources complement each other. This creates the preconditions for expanding the joint tourism market. With the deepening and practical development of cooperation in the field of education, students from Central Asia are getting more and more opportunities to study at Chinese universities. In accordance with the current development needs of the countries of the region and the areas of bilateral cooperation, new “Lu Ban Workshops” will be opened in Central Asia – sites specializing in the training of technical specialists. Such cooperation in the field of vocational education will help bring bilateral relations to a new level, deepen cultural exchanges and strengthen mutual understanding between peoples.

    Digital cooperation as a driver of economic development in Central Asia. In recent years, the Central Asian countries have been consistently promoting digital development strategies, focusing on expanding the coverage of mobile payments, actively developing e-commerce and digital finance, as well as comprehensive economic diversification. Against the backdrop of steady growth in GDP per capita and a high proportion of youth (over 60%) in the Central Asian countries, consumer demand is growing rapidly. The regional market is confidently moving from satisfying basic needs to focusing on higher-quality consumption. The digital economy is demonstrating rapid growth. In particular, the Kazakhstani platform Kaspi has about 13.5 million active users per month, covering up to 70% of the country’s population. In Uzbekistan, the penetration of mobile payments has increased from 12% to 58% in three years. These dynamics confirm the accelerated digital transformation. It is estimated that over the next five years, the e-commerce market in Central Asia will exceed US$30 billion, with an average annual growth rate of about 28%, which clearly demonstrates the high potential of the region’s digital sector.

    Against the background of digital modernization of the China -Europe route, expanding foreign warehouse capacities and logistics networks, as well as as part of the joint initiative of the “digital silk road of the 21st century”, the “China -Central Asia” mechanism and the Shanghai organization of cooperation are actively developing the joint activities of China and Central Asia in the field of cross -border electronic commerce and digital economy. Today, almost 300 companies from Central Asia have already entered Chinese electronic trade platforms, and Chinese enterprises are actively entering regional platforms, including Kaspi in Kazakhstan. On the rise, a new form of business activity is the “Electronic commerce + cross-border Livestream” model, the volume of annual transactions of which has already exceeded 1 billion yuan. According to data for 2022, the volume of cross -border electronic trade between China and Central Asian countries increased by 95%. Both sides accelerated the exit of high -quality goods into each other’s markets. However, despite the rapidly growing demand for digital services, the regions of Central Asia are faced with a number of restrictions, including the uneven level of digitalization, insufficient development of digital infrastructure and logistics, and a lag in the regulation of digital technologies and finance. Under these conditions, China and Central Asia countries have broad prospects for cooperation in the following key areas: coordination of the standards of cross-border data exchange, improving the digital business environment, joint construction of regional calculation and payment networks, optimizing payment processes, accelerating the creation of digital infrastructure and international logistics components. The complex promotion of these initiatives will contribute to the rapid growth of cross -border electronic trade and the long -term development of the digital economy in the region.

    Agricultural cooperation: a path to mutual benefit. Agriculture is a key industry for both China and the Central Asian countries. It also occupies an important place in the structure of the China-Central Asia partnership. At a video summit dedicated to the 30th anniversary of the establishment of diplomatic relations between China and the five Central Asian countries, Chinese President Xi Jinping said: “China is ready to open its super-large market to Central Asian countries, increase the import of high-quality goods and agricultural products from the region, continue to hold the China-Central Asia Economic and Trade Cooperation Forum, and strive to ensure that bilateral trade turnover reaches 70 billion US dollars by 2030.” There is a high degree of complementarity between China and the countries of the region in the structure of agricultural production and broad prospects for market interaction. Thus, the volume of agricultural trade between China and the five Central Asian countries grew from $69 million in 2001 to $2.875 billion in 2023, an increase of more than 40 times.

    Against the backdrop of the change of economic drivers and the new wave of the scientific and technical revolution, China and Central Asian countries, based on a strong base of previous interaction, are actively exploring ways to build a new model of agrarian partnership and seek to reveal its new development potential. The development of green agricultural production on technology opens up broad prospects. China and the countries of the region have already created a number of key cooperation platforms, including the agricultural base of the Shanghai Cooperation Organization and the Central Asian Center for Agrarian Research of the Chinese Academy of Agricultural Sciences. These initiatives are the basis for deepening scientific and technological cooperation in the field of agriculture. China has a developed agrarian scientific base and obvious technological advantages in dry agriculture, modern methods of soil processing, sphere of water -saving irrigation systems, landfilling of salt marshes, protecting plants from diseases and pests. All these technologies can significantly increase the productivity and stability of the agricultural sector in Central Asia, as well as contribute to the energy transition in agriculture. In addition, with accelerating penetration of digital solutions in the region, new horizons are opened for “smart” agriculture. According to forecasts, by 2025, more than 2 million devices of the Internet of things will be used in the agricultural sector of Central Asia, and the digital agricultural market will reach 3 billion US dollars. The development of cross -border electronic trade in agricultural products, as well as the use of large data technologies, cloud computing and other digital tools for building digital agrarian trade and relevant applications, opens up new opportunities for regional agricultural food chains, creating added cost and agricultural trade. This will increase the stability of food supplies in the region and significantly increase income from the agricultural sector. In the future, further strengthening of agricultural cooperation between China and Central Asian countries will not only become an effective tool for increasing the level of agricultural technologies, transition from traditional to modern agriculture and ensure national food security, but also a key step towards activating transboundary exchange of scientific and technical resources and achieving sustainable development goals.

    The potential of the cultural and tourist industry requires further implementation. Humanitarian exchanges have always been an integral part of cooperation between China and the countries of Central Asia. They serve as a strong social basis for the development of bilateral relations. Currently, interaction in the field of tourism enters into a new stage, a set of favorable factors opens up additional opportunities for expanding partnerships in the cultural and tourist sphere. Political incentives are gradually bringing results, China and five countries of Central Asia in stages are in stages visa -free regime, which significantly reduces barriers for mutual trips. Kazakhstan, Uzbekistan and other states of the region also activate efforts to simplify tourism procedures and increase investments in the tourism infrastructure, increasing the attractiveness of their directions. The mechanisms of cross -border cooperation are becoming more mature. At the first summit “China -Central Asia”, initiative to strengthen the institutional basis of tourist interaction, to jointly develop cross -border routes and create an “Alliance on tourist cooperation between Xinjiang and Central Asia” to integrate regional resources and combine efforts. In parallel, both “soft” and “tough” interconnectedness are strengthened. Chinese airlines are actively developing a route network in the direction of Central Asia, flights from Urumchi, Beijing, Sian and Cunde are already connecting large Chinese cities with the capitals of the countries of the region. The launch of humanitarian and tourist railway routes focused on traveling to Central Asia is also being promoted. Tourist cooperation between China and Central Asia is distinguished by pronounced specificity and a high degree of complementarity. The parties together contribute to the revival and prosperity of the silk path, relying on deep historical ties and cultural kinship. Rich nature and a unique cultural landscape are made by China and Central Asia countries with mutually attractive tourist destinations. The growth of market demand and innovation in cultural and tourist products also contribute to strengthening interaction. Electronic trading floors and social networks become key channels for promoting tourism services and cultural initiatives, more and more involving the young generation in participation in international music festivals, gastronomic forums and cross-border shopping and entertainment centers, thereby contributing to the expansion of humanitarian ties and folk diplomacy.

    2.3 Regional cooperation as a factor of geo-economic expansion

    Central Asia is located at the strategic center of the Eurasian continent and has historically served as a hub of the Silk Road, connecting trade and cultural flows between the East and West. In the new era, regional cooperation between China and Central Asian countries has continued to deepen through the China-Central Asia mechanism, the Belt and Road Initiative and the Shanghai Cooperation Organization. This has greatly enhanced the geo-economic advantages of Central Asian countries and, through improved connectivity, industrial coordination and multilateral cooperation, has impacted regions such as the Caspian Sea, the Black Sea, the Middle East, South Asia and the Balkans, forming a vast economic network connecting the Eurasian continent. This spatial extension effect is transforming the economic geography of the region and providing Central Asian countries with a strategic opportunity to integrate into the global economy, bringing a new driving force to the prosperity of Eurasia.

    Expanding the Geography of Interconnectivity. Cooperation between China and Central Asian countries through infrastructure development and the modernization of logistics networks has significantly strengthened Central Asia’s position as a key transportation hub on the Eurasian continent, extending this advantage to the wider region. The launch of the direct multimodal China-Europe express route across the Caspian Sea marked the transition of China-Central Asian cooperation from a traditional bilateral trade corridor to a multi-format transportation network covering the Caspian and Black Seas, as well as the Balkans. This turns Central Asia into an important transit hub for Chinese goods to reach the markets of Europe and the Middle East. The start of construction of the China-Kyrgyzstan-Uzbekistan railway, connecting Kashgar, Kyrgyzstan and Uzbekistan, helps reduce logistics costs for Central Asian countries and opens up the prospect of integration with the logistics networks of the Middle East and South Asia, forming a transportation corridor linking West Asia, South Asia and Central Asia.

    Interregional coordination within the framework of industry networks. The cooperation between China and the countries of Central Asia in the format of industry coordination is gradually building a large -scale economic network covering the entire Eurasian continent. This interaction brings to the states of the region significant geo -economic dividends, strengthening their positions in the global economy. In the energy sector, key projects were the construction of the China -Central Asia gas pipeline and the China -Kazakhstan oil pipeline. These infrastructure initiatives not only contribute to the diversification of export routes for the countries of Central Asia, but thanks to the transfer of technologies and expanding the production and logistics chains, they also bring benefits to the Caspian region and the Middle East. An indicative example is the modernization of the oil refinery in Shymkent, which made it possible to establish the production of high -octane fuel. This product not only covers internal needs, but is also exported through the Transkaspian transport corridor to the countries of the Black Sea region and to the Balkans. The expansion of the energy chain increases the export potential of Central Asia and allows it to strengthen her position in the global energy market. The increasing importance of the digital economy and cross -border electronic commerce also helps to expand the geography of industry interaction. Such formats open up new sales channels, including the release of high -quality agricultural products from Central Asia into the markets of South Asia and the Middle East using Chinese electronic trading platforms.

    Global Significance of the Region’s Geoeconomic Transformation. China-Central Asia cooperation, which spans the entire Eurasian space, gives the Central Asian countries a new, more significant global geoeconomic significance. First of all, this partnership brings qualitative changes to the economic geography of central Eurasia. Thanks to deepening interaction, the countries of the region are gradually transforming from a traditional geopolitical “buffer zone” into a strategic hub of global production and logistics chains. Central Asia has the potential to become a key logistics hub connecting China, Europe, the Middle East and South Asia, as well as gain broad opportunities for industrial modernization and the development of new industries oriented towards foreign markets.

    Secondly, this cooperation will significantly strengthen the economic resilience and international influence of the Central Asian countries. Thanks to diversified development in the energy, agriculture and digital economy sectors, the countries of the region will be able to expand their presence in various sectors of foreign trade, reduce dependence on individual markets or raw material exports and thereby increase resilience to foreign economic risks.

    Third, this cooperation opens up new opportunities for the broader involvement of the countries of the Global South in geo-economic processes. In particular, the development of the Trans-Caspian Transport Corridor creates favorable conditions for states such as Turkey and Azerbaijan, allowing them to integrate more closely into the Chinese-Central Asian economic space. At the same time, Pakistan and Afghanistan can take advantage of the expanding logistics network formed within the framework of the China-Kyrgyzstan-Uzbekistan railway project to gain access to Central Asian markets. The geo-economic spread effect of such initiatives not only strengthens the positions of the Central Asian countries, but also gives new impetus to the development of interconnectedness and common prosperity of the entire Eurasian space. Thus, the global significance of the formation of a community of common destiny of China and Central Asia is realized.

    2.4 Risks and challenges in the areas of development and security

    Despite notable achievements in cooperation between China and Central Asian countries, this process faces a number of serious risks and challenges. In the development sphere, these are primarily external threats associated with the strengthening of unilateral actions and trade protectionism. In the security sphere, non-traditional threats are of particular concern.

    2.4.1 Growing risks of unilateral actions and protectionism amid weak global economic recovery

    The rise of unilateralism and trade protectionism poses serious challenges to the economic stability of Central Asian countries and the sustainability of the China-Central Asian partnership. The introduction of higher customs duties, the creation of trade barriers and the use of technological sanctions by individual states undermine the stability of the global economy and disrupt the normal functioning of international production and supply chains. Although the volume of direct trade between the five Central Asian countries and leading Western economies remains relatively low, the impact of global economic fluctuations on the region is difficult to overestimate. According to Thanos Arvanitis, Deputy Director of the Middle East and Central Asia Department at the International Monetary Fund, a further escalation of international trade tensions could lead to a slowdown in the GDP growth rates of the Central Asian countries.

    Fluctuations in international markets have a direct impact on the export-oriented economies of Central Asian countries, especially in the energy, mining and agriculture sectors. In the context of the global economic downturn and declining demand for raw materials, the countries of the region may face a significant reduction in export revenues, especially from oil and cotton supplies. This, in turn, will limit the opportunities for reinvestment of export earnings in national production chains and limit the potential for domestic economic reproduction.

    Trade wars and unilateral sanctions pose a serious threat to the investment climate of Central Asian countries. Some states resort to the practice of secondary sanctions, seeking to limit normal mechanisms of economic and trade interaction between countries and their partners. At the same time, the volatility of global financial markets puts pressure on the exchange rates of the countries in the region. The devaluation of national currencies leads to higher import prices, a decrease in solvency and, as a result, limits opportunities for foreign economic cooperation in such priority areas as infrastructure and energy.

    The restructuring of global supply chains caused by unilateral actions has a negative impact on the logistics and trade network of Central Asian countries. Connectivity projects such as the China-Europe Railway Express and the Trans-Caspian International Transport Corridor have contributed to the transformation of Central Asia into a key logistics hub in Eurasia. However, some countries, by introducing barriers in the form of technical standards and restrictions in logistics, seek to weaken this advantage, increasing the logistics costs of China-Central Asia cooperation. Such economic risks threaten the export potential and investment climate of Central Asian countries and pose challenges to the stable operation of joint projects between China and Central Asia.

    2.4.2 Increase in non-traditional threats

    Central Asia has long been vulnerable to a wide range of non-traditional security threats, including terrorism and extremism, drug trafficking and transnational crime, cyber risks, and environmental challenges related to climate change. In the context of growing interdependence and regional connectivity, China and Central Asian countries should step up joint efforts to develop coordinated responses to effectively address emerging threats and enhance security and stability in the region.

    Combating the threats of terrorism and extremism. Central Asia borders Afghanistan, where the terrorist groups Islamic State, Al-Qaeda and the East Turkestan Movement are currently actively operating in close cooperation with each other. Individual terrorists have infiltrated or “returned” to Central Asian countries, posing a serious threat to regional peace and security. At the sixth China-Central Asian Foreign Ministers’ Meeting held in April 2025, the two sides jointly reaffirmed their determination to strengthen regional and international security and jointly combat the “three evil forces”. China expressed support for the Central Asian countries’ aspiration to deepen cooperation with Afghanistan, jointly counter terrorist threats, and promote Afghanistan’s integration into the regional economic space in order to eliminate the conditions conducive to terrorism.

    Combating drug trafficking, transnational crime and ensuring cybersecurity. Central Asia remains an important transit hub for transnational drug smuggling. In recent years, large consignments of illegally transported narcotics have been repeatedly detected in the region. Within the framework of the mechanisms of meetings of the ministers of foreign affairs, internal affairs and public security, China and the Central Asian countries have repeatedly confirmed their firm position and readiness to cooperate in the fight against drugs. The establishment of the Regional Center for Combating Drugs of the Shanghai Cooperation Organization in Dushanbe was an important step towards deepening joint efforts to counter this threat and significantly strengthened multilateral cooperation. In the field of cybersecurity, against the backdrop of the rapid development of the digital economy, the region has seen an increase in cybercrime. In Kazakhstan and other countries, there are cases of data leaks from electronic trading platforms and phishing attacks, which indicates the need to further strengthen the cybersecurity infrastructure and improve digital regulation mechanisms.

    Combating climate change and environmental threats. The Central Asian countries face protracted and complex environmental challenges. The Aral Sea environmental crisis has led to large-scale land degradation, which has imposed a double constraint on agriculture in Uzbekistan and Kazakhstan in the form of progressive desertification and soil salinization. Climate change is increasing the frequency and intensity of extreme weather events. Mudflows and floods are increasingly common in the mountainous regions of Tajikistan and Kyrgyzstan, and recurrent droughts are observed in the transboundary Ili River basin. These circumstances require greater investment by the countries of the region in climate regulation, environmental protection, and the transfer and implementation of appropriate technologies. At the same time, active work is needed to create both physical and institutional infrastructure for the efficient allocation of transboundary water resources, which will increase the resilience of the region to climate and environmental risks. /follows/

    MIL OSI Russia News

  • MIL-OSI United Kingdom: UK Launches Global Talent Drive to Attract World-Leading Researchers and Innovators

    Source: United Kingdom – Executive Government & Departments

    Press release

    UK Launches Global Talent Drive to Attract World-Leading Researchers and Innovators

    New taskforce and £54m fund will attract world-class researchers and their teams to the UK and comes ahead of the launch of government’s modern Industrial Strategy

    • Global talent taskforce launched to attract world’s exceptional talent to relocate to the UK, supporting the success of our Industrial Strategy sectors.
    • New Industrial Strategy coordinated taskforce will hunt for top talent to relocate to grow UK economy and boost public services as part of Plan for Change.
    • £54 million talent scheme to attract world-class researchers to the UK confirmed, on top of recent £25m backing to attract top AI talent.

    The brightest minds in the world will be welcomed to bring their talents the UK, the Government has announced today [Sunday 22 June], supported by £54 million in fresh backing to bring the world’s top science and tech talent here.     

    As the UK competes for the highest skilled individuals in priority industries, the launch of the government’s Global Talent Taskforce signals a greater focus on targeting and attracting the brightest and best talent to supercharge growth, delivering on the government’s Plan for Change.   

    The Global Talent Taskforce will support researchers, entrepreneurs, investors, top tier managerial and engineering talent and high-calibre creatives to relocate and work closely with the UK’s international presence to network and build a pipeline of talent who want to come to Britain. 

    The move comes ahead of the launch of government’s modern Industrial Strategy tomorrow, and intends to bolster homegrown talent with cutting edge, highly skilled expertise from around the world to work in the key sectors identified in the Strategy.   

    It will also build on commitments in the recent Immigration White Paper to expand eligible institutions for the High Potential Individual visa and fast-track the brightest and best talent into UK high growth and strategic industries, such as in the science and technology sectors.

    The launch of the Taskforce and £54m Global Talent Fund, which will attract world-class researchers and their teams to the UK, covering relocation and research costs over five years starting this year, sends a clear signal to exceptional talent and businesses that the UK seeks to continue its global leadership in growth-driving sectors.

    The Global Talent Fund will be allocated over the coming weeks, via UKRI, to leading universities and other research organisations. These organisations will use their expertise to select and target the researchers, aligned to the overarching objectives of the scheme and in support of our industrial strategy priorities.

    These initiatives will support the Government’s Plan for Change to deliver increased investment and more secure, skilled jobs for working people across the country, alongside an immigration system which restores control of the UK’s borders.   

    Business and Trade Secretary Jonathan Reynolds said:    

    “A key part of our Plan for Change is making sure Britain is the best place in the world to do business – we are a strong, connected market and have a lot to offer the best and the most inventive minds.

    “Competition for elite global talent is high, and by establishing this Taskforce we are solidifying our position as the first choice for the world’s brightest sparks, as well as turbocharging innovation in medicines and inventions of the future, boosting British business and putting money in working people’s pockets.” 

    Science and Technology Secretary Peter Kyle said:  

    “Genius is not bound by geography. But the UK is one of the few places blessed with the infrastructure, skills base, world-class institutions and international ties needed to fertilise brilliant ideas, and turn them into new medicines that save lives, new products that make our lives easier, and even entirely new jobs and industries. These endeavours are the Plan for Change writ large.   

    “My message to those who are advancing new ideas, wherever they are, is simple. We want to work with you, to support you, and to give you a home where you can make your ideas a reality we all benefit from.”    

    Reporting directly to the Prime Minister and Chancellor, the Global Talent Taskforce will: 

    • Facilitate support researchers, entrepreneurs, investors, top tier managerial and engineering talent and high-calibre creatives to relocate. 
    • Work to identify and approach top talent to move to the UK.  
    • Work closely with the UK’s international presence to network and build a pipeline of talent who want to come to Britain. 

    Alongside this Government-backed work, two new fast-track research grant routes have been announced by the National Academies – including £30m from the Royal Society for a Faraday Discovery Fellowship accelerated international route, part-funded by their £250 million DSIT endowment. The Royal Academy of Engineering has announced a similar fast track international route, as part of its £150 million Green Future Fellowships endowment from DSIT – this funding will ensure the UK competes for the best global talent in science and research.

    This announcement also comes hot on the heels of the launch of two sets of fellowships directed towards attracting top talent to the UK:

    • Turing AI ‘Global’ Fellowships, which will provide £25m of funding for world-leading academics to build a team and conduct groundbreaking AI research at a UK organisation.
    • Implementing a UK-based expansion of the Encode: AI for Science Fellowship – which embeds world-class AI researchers into cutting-edge scientific labs, accelerating the pathway to industry, and enabling talent to spend one year immersed in intensive exploration, feedback, and development cycles. New talent are expected to arrive in the UK on this scheme by Autum 2025.

    Taken together, this means over £115m of funding dedicated to attracting top talent to the UK. 

    Editors Notes

    • This announcement will have no impact on net migration.
    • The new Taskforce will showcase the UK’s strong business environment offer, including our R&D base, business ecosystem, political stability, standard of living, and diversity to ensure the most talented individuals choose the UK to live, work and create wealth.  The Global Talent Taskforce will be located in DBT with support from other departments.
    • The £25 million Turing AI Global Fellowships will be delivered by UKRI and are an expansion of their prestigious Turing AI Fellowship programme. Fellows can receive up to £5 million in fellowship funding over five years. 
    • The £54 million Global Talent Fund comes over five years, starting in 2025/26. The fund, administered by UKRI and delivered by research organisations, will cover 100% of eligible costs, including both relocation and research expenses, with no requirement for match funding from research organisations. The initiative also includes full visa costs for researchers and their dependants, removing significant financial and administrative barriers to relocation. 
    • The UK’s association to Horizon Europe has opened more opportunities for British scientists and researchers, providing access to extensive funding streams. The government welcomes the EU’s recent announcement of a €500 million package of new funding to attract the world’s top talent and the news that researchers will be able to apply via the Choose Europe grants to come and work in the UK.  

    Supportive Stakeholder Quotes:

    Vivienne Stern MBE, Universities UK Chief Executive, said:

    “The government’s Global Talent Taskforce and Fund will play a vital role in supporting the delivery of the industrial strategy. These initiatives will attract the best and brightest from around the world to accelerate growth across the UK’s key sectors, which are underpinned by our great universities.

    “UK universities are already pivotal players in attracting global talent and the creation of the Taskforce and Fund will further leverage their role in building our future technologies and driving long-term growth.

    “Attracting global talent is a goal that ultimately benefits communities across the country, making us all better off. We look forward to working closely with government to deliver these important initiatives and to help realise the full ambition of the UK’s industrial strategy.”

    Sir Adrian Smith, President of the Royal Society, said:

    “These are positive steps to position the UK as an open and attractive destination for research and innovation talent.

    “Together, the funding schemes announced today offer a bridge for some of the world’s most exciting researchers to come to the UK, develop their work and build close collaborations that benefit the whole country.

    “The new combined Global Talent Taskforce is another welcome sign that Government is looking seriously at the barriers faced by skilled scientists and researchers seeking to relocate. The Society has long called for a coordinated approach across Whitehall for attracting and retaining international talent. Addressing the sky-high upfront costs of the visa system should be the top priority.”

    Dr Andrew Clark, Executive Director, Product, at the Royal Academy of Engineering, said:

    “The Academy’s role is to create and lead a community of outstanding experts and innovators to engineer better lives. The first round of our Green Future Fellowships attracted enormous interest from engineers, scientists, innovators and entrepreneurs around the world, all seeking to develop and scale long-term solutions to the climate crisis. Adding a fast-track route for international applicants will ensure that the Green Future Fellowships programme is always open to the best global talent. We are pleased to be part of a growing, joined-up effort to attract such talent to the UK.”

    Updates to this page

    Published 22 June 2025

    MIL OSI United Kingdom

  • MIL-OSI Russia: What is food irradiation and why is it important?

    Translation. Region: Russian Federal

    Source: International Atomic Energy Agency –

    Food irradiation is a gentle, non-contact method that uses radiation to ensure the freshness and safety of food. It eliminates germs and controls insects and other pests while maintaining the nutritional value, taste, and overall quality of food. It can also be used to stop the spread of insect pests. This method uses irradiation to transfer energy to food without changing its temperature or leaving residues. It is commonly used to preserve the quality of high-value foods such as spices, fish, and meat, and now exotic fruits and vegetables.

    Ensuring that food is available in sufficient quantities, is nutritious and safe is essential to food security. However, food is not only food and sustenance, it is also an integral part of our cultural heritage and identity. Importantly, there are a number of methods that help to maintain the safety and health of food, as well as its pleasant taste, texture, smell and appearance.

    Food irradiation can effectively extend shelf life, reduce waste, and provide consumers with access to the highest quality fresh produce. For example, irradiation can keep fresh strawberries in the refrigerator for up to seven days longer.

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

    MIL OSI Russia News

  • MIL-OSI United Nations: IAEA at COP29: Time to Deliver Nuclear Solutions

    Source: International Atomic Energy Agency (IAEA)

    Momentum for nuclear energy as a key driver toward net-zero is stronger than ever. Now is the time to turn last year’s historic consensus in Dubai into action, advancing nuclear solutions to ensure energy security, achieve climate targets and promote sustainable development.

    International Atomic Energy Agency (IAEA) Director General Rafael Mariano Grossi is bringing this message to the 29th United Nations Climate Change Conference (COP29).

    This year’s COP has climate finance at the top of the agenda. Building on the back of the historic inclusion of nuclear in the COP28 Global Stocktake and the first ever Nuclear Energy Summit in Brussels, Director General Grossi will attend COP29 with a call to increase climate finance for nuclear. At the Financing Low Carbon Technology, Including Nuclear Energy event on 13 November at 16:00, Director General Grossi, as well as the COP29 presidency, ministers, heads of international organizations, multilateral development banks and the private sector will discuss scaling up the financing necessary to expand all low carbon energy technologies, including nuclear power.

    In recently published projections, the IAEA increased its forecast for nuclear power generation for the fourth consecutive year. In its high-case scenario, global nuclear capacity by 2050 could reach two and a half times today’s levels, with small modular reactors (SMRs) contributing a quarter of this expansion. The United States Senior Advisor to the President for International Climate Policy, John Podesta, and Director General Grossi will host an event on Accelerating Early Deployment of Small Modular Reactors at 12:45 on 13 November.

    Throughout the two-week conference, which runs from 11 to 22 November, the IAEA will also promote the use of nuclear science and technologies for climate change adaptation and monitoring to achieve sustainable water management, protect coastal and marine ecosystems and provide food security.

    On 12 November, Director General Grossi will join leaders from UNIDO, FAO, WTO and other key sectors for a flagship event on Decarbonizing and Adapting the Cotton-to-Clothing Value Chain through Multisectoral Partnerships. The event will showcase how innovative policies, technologies and partnerships can drive decarbonization in the cotton sector and strengthen climate resilience.

    Millions worldwide still face hunger, and transforming agrifood systems through science and technology is essential to address this challenge amid changing climate conditions. An event on the joint IAEA/FAO Atoms4Food initiative will take place at the China Pavilion on 12 November to present achievements in agriculture and food security in the context of national climate adaptation efforts. 

    The Atoms4Climate pavilion will be hosted by the IAEA in the Blue Zone at COP and will showcase nuclear power, science and technology solutions for climate change mitigation, adaptation and monitoring.

    The IAEA will host and participate in more than 50 events focusing on four thematic areas: energyfood, the ocean and water.

    See the IAEA COP29 page for the complete list of IAEA and partner events. Check the individual event pages for updates on livestreaming opportunities.

    Nuclear security measures

    For the third time, the IAEA is supporting the COP host country to implement nuclear security measures during the two-week conference. In October, the Agency trained more than 100 national first responders and staff from security enforcement bodies, including through hands-on equipment training conducted at the Baku Stadium, the venue for the COP. The Agency has also supplied over 100 radiation detection devices to support the nuclear security measures throughout COP, which is expected to draw around 40 000 participants. Similar assistance was provided by the IAEA at COP27 in Sharm el-Sheikh, Egypt, and COP28 in Dubai, UAE, as part of the IAEA’s two decades worth of support offered to countries, upon their request, for nuclear security at major public events.  

    IAEA media team contacts

    IAEA experts in climate change mitigation, adaptation and monitoring will be available for interviews at COP29.

    For interview requests and other media-related questions, please contact Fredrik Dahl, IAEA Spokesperson, at Fredrik.Dahl@iaea.org and copy press@iaea.org.

    The IAEA video team will be present at COP29. B-roll footage is available here. For additional requests of B-roll of the Director General, the IAEA pavilion or specific events, please contact multimedia.contact-point@iaea.org and copy press@iaea.org.

    Registration

    To attend IAEA events in person, you must register for COP29. For media accreditation and all other details concerning the attendance of COP29, please refer to the UNFCCCC online registration page. The IAEA cannot assist with accreditation to COP29.

    Media kit

    The COP29 media kit provides information on the four key areas highlighted at the #Atoms4Climate pavilion — energyfood, the ocean and water — along with recent reports and further background information.

    The media kit also contains B-roll video footage on nuclear power and applications to tackle climate change, videos on the IAEA and climate change and high-resolution images in the IAEA Flickr account. The IAEA will take photographs at COP29 and post them on Flickr.

    This material is free to use under the copyright provisions of the IAEA Terms of Use. If you have further questions, please contact us.

    The IAEA’s explainer articles, podcasts and other resources on climate change are available on the IAEA website.

    Follow the IAEA and #Atoms4Climate on Facebook, Instagram, LinkedIn, X and Weibo for updates throughout COP29.

    MIL OSI United Nations News