Taiwan-U.S. trade cooperation 結果共38筆

Discover how Washington state’s renewal of its driver’s license reciprocity agreement with Taiwan strengthens bilateral ties and benefits over 5,000 Taiwanese residents. Learn about the decade-long partnership and its impact on economic relations.

In a significant meeting in Washington, U.K. Foreign Secretary David Cameron and U.S. Secretary of State Antony Blinken emphasized their united stance on peace in the Taiwan Strait and addressed concerns over China’s trade practices. The discussion also covered the AUKUS security partnership’s role in the Indo-Pacific and the upcoming talks between Japanese Prime Minister Kishida Fumio and U.S. President Joe Biden, focusing on military and technological cooperation.

President Tsai Ing-wen meets with Laura Rosenberger of AIT to discuss Taiwan-U.S. cooperation in trade, supply chain security, and information security. The Taiwan Relations Act (TRA) of 1979 and its significance in U.S.-Taiwan relations, along with the impact of the three joint communiqués, shape the framework of U.S. policy toward the Taiwan Strait. The TRA aims to maintain peace, security, and stability in the region and influences U.S. arms sales to Taiwan and defense cooperation. The Taiwan Security Enhancement Act and the Taiwan Travel Act demonstrate ongoing developments in U.S.-Taiwan relations.

President Tsai Ing-wen and Vice President Lai Ching-te of Taiwan are set to meet with U.S. Select Committee on the CCP Chairman Mike Gallagher and a bipartisan delegation to discuss Taiwan-U.S. trade and the Indo-Pacific regional situation. The visit underscores the strong bipartisan support from the U.S. Congress for Taiwan and aims to deepen exchanges and cooperation for peace and prosperity in the Indo-Pacific region.

President Tsai Ing-wen highlights the success of Taiwan’s investment incentives projects, which have attracted over NT$2.17 trillion in investments and created over 140,000 jobs. Speaking at a Lunar New Year event, Tsai emphasizes the importance of Taiwanese businesses in driving economic development and emphasizes Taiwan’s global reach and reliability as an international partner. She also discusses Taiwan’s efforts to improve infrastructure and expand external relations, including trade cooperation with the U.S. and U.K. Tsai calls for the preservation of the peaceful and stable status quo in the Taiwan Strait and expresses a commitment to upholding democracy and seeking cross-strait dialogues. The event was attended by government officials and over 300 Taiwanese businessmen living and working in China.

The upcoming Taiwan presidential election is expected to have a significant impact on the country’s economic growth, according to a research report by France’s Natixis Corporate and Investment Banking company. The report suggests that regardless of the election outcome, Taiwan is poised for economic growth, with the consumer and tech industries leading the way. The research predicts that economic growth could increase from 1.2% in 2023 to 2.9% in 2024. While candidates share similar social and labor policies, the report highlights the major differences in their positions on industrial and energy areas, as well as Taiwan’s economic relationship with China. The report also mentions the potential role of Taiwan People’s Party (TPP) candidate Ko Wen-je in triggering legislative instability. The incumbent Democratic Progressive Party (DPP), leading in polls, is expected to continue pushing for diversified trade and investment policies, shifting focus from China to the U.S. and other Asian regions. However, achieving these targets may be challenging as Taiwan has missed out on regional trade and economic agreements such as RCEP, CPTTP, and the U.S.-led IPEF. If the Kuomintang (KMT) wins the election, they might seek closer trade and investment links with China by expanding the Economic Cooperation Framework Agreement (ECFA), according to Natixis.

The Ministry of Foreign Affairs (MOFA) has stated that Beijing is working to isolate Taiwan globally in response to criticisms made by Kuomintang (KMT) presidential candidate Hou Yu-ih regarding Taiwan’s stagnant free trade agreements (FTA). During a presidential policy presentation, Hou criticized the Democratic Progressive Party (DPP) for its unsatisfactory economic performance and the lack of progress in bilateral and multilateral trade agreements. MOFA emphasized Taiwan’s commitment to global economic integration and bilateral economic cooperation, but highlighted the interference from China. MOFA believes that Taiwan’s ability to participate effectively in economic integration depends on its strength and global connections, especially as countries like the U.S. and European nations reassess their economic risks with China. MOFA urges all Taiwanese, regardless of political affiliation, to unite and enhance cooperation with like-minded nations in the face of external challenges.

DPP vice-presidential candidate Hsiao Bi-khim emphasized the importance of strength in maintaining Taiwan’s status quo and preventing bullying. She highlighted the current state and prospects of U.S.-Taiwan relations, noting that U.S. policy has consistently supported maintaining the status quo and opposing the use of force. Hsiao mentioned that under Xi Jinping’s leadership, the U.S. has shifted to view China competitively but does not seek a new Cold War. She emphasized critical issues of peace, security, and economic cooperation in Taiwan-U.S. ties, including the U.S.-Taiwan Initiative on 21st-Century Trade. Hsiao underscored Taiwan’s determination to defend itself, citing the national defense budget and military modernization reforms. She referred to herself as a ＂cat warrior＂ and advocated for government reform and a balanced international stance. Hsiao urged that Taiwan not become a divisive issue between American political parties and emphasized the need for a proper balance amidst U.S.-China competition to ensure Taiwan’s safe and steady progression.

Alexander Yui, Taiwan’s new representative to the United States, arrived in Washington D.C. on Monday (Dec. 11), to assume his post. Ingrid Larson, the managing director of the American Institute in Taiwan (AIT), welcomed him at the airport. Yui’s arrival follows the resignation of former representative Hsiao Bi-khim on Nov. 20. Yui, who had recently become the top envoy to the EU and Belgium, was chosen to replace Hsiao. Yui emphasized security, economic and trade cooperation, and Taiwan’s international space as the key aspects of Taiwan-U.S. relations. He highlighted the need to safeguard Taiwan’s upcoming election from external influences. Yui committed to deepening Taiwan-U.S. relations by building on Hsiao’s work and collaborating with his embassy team. Laura Rosenberger, chair of AIT, expressed confidence in Yui’s experience and anticipated further development and strengthening of the bilateral partnership.

The Democratic Progressive Party (DPP) responded to allegations from the Kuomintang (KMT) that DPP vice presidential candidate Hsiao Bi-khim was excessively pro-American. Chen Shi-kai, spokesperson for DPP presidential candidate Lai Ching-te’s campaign office, criticized the KMT for its lack of understanding of economic trade issues and Taiwan-U.S. relations. The KMT, led by legislator candidate Hsu Chiao-hsin, accused Hsiao of being subservient to the U.S. during her time in Washington, citing a classified communication log documenting a bilateral meeting discussing the Indo-Pacific Economic Framework for Prosperity proposed by U.S. President Joe Biden. Chen defended Hsiao by highlighting recent milestones in Taiwan-U.S. cooperation, such as the signing of the Taiwan-U.S. 21st Century Trade Initiative and efforts to resolve double taxation issues. Chen criticized the KMT candidate for illegally disclosing classified documents for political gain and called for an explanation of the motives and authenticity of the disclosure. This defense by the DPP spokesperson reflects the tensions leading up to Taiwan’s presidential elections, with U.S.-Taiwan relations remaining a significant political issue. The political drama highlights the intensity of Taiwan’s electioneering, where U.S. ties and Taiwan’s global economic positioning are crucial issues for voters. The impact of these debates on public opinion remains to be seen as Taiwan prepares for the polls.

President Tsai Ing-wen expresses gratitude to Taiwan’s APEC delegation led by Morris Chang for conveying her four critical messages to all APEC member participants. Tsai emphasizes the government’s commitment to adjusting Taiwan’s industrial structure and leveraging its advantages for regional development. She thanks Chang for attending the economic and trade cooperation forum, enabling Taiwan to play a vital role internationally. Tsai highlights Chang’s conversations with foreign dignitaries, including U.S. Vice President Kamala Harris, Secretary of State Anthony Blinken, and Japanese Prime Minister Fumio Kishida, which will strengthen future bilateral cooperation. Chang reports that this year’s APEC economic leaders’ meeting covered technology-related topics and expresses gratitude for the opportunity to represent Taiwan at the conference.

Former U.S. President Donald Trump has stated that he would revoke current President Joe Biden’s Indo-Pacific Economic Framework (IPEF) if he wins the 2024 presidential election. Trump argues that the IPEF could negatively impact the American manufacturing industry and lead to increased unemployment rates. The U.S. previously withdrew from the Trans-Pacific Partnership (TPP) due to similar concerns. Negotiations for Biden’s IPEF began in September 2022, with a focus on major southern powers like India and Indonesia, aiming to promote economic cooperation and exclude China. The IPEF includes countries such as Australia, Singapore, Japan, and 10 other Indo-Pacific nations, constituting about 40% of the global GDP. It emphasizes fair and resilient trade, supply chain resilience, and clean energy. Taiwan’s chief trade negotiator expressed the country’s interest in monitoring the IPEF’s development and presenting a proposal for Taiwan’s inclusion at the appropriate time. President Tsai Ing-wen has also expressed Taiwan’s desire to join the IPEF, believing it would create more business opportunities for Taiwanese and U.S. companies.

The Asia-Pacific Economic Cooperation (APEC) Leaders’ Week 2023 in San Francisco will be a significant event for Taiwan. The country’s main focuses during the summit include the U.S-China leaders’ talks, the possibility of meetings between U.S. President Joe Biden and TSMC Founder Morris Chang, progress on U.S-Taiwan trade negotiations, and Taiwan’s potential participation in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). President Biden is scheduled to meet with Chinese President Xi Jinping to discuss trade, Taiwan, the U.S.-China tech war, and PLA activities in the Taiwan Strait. Taiwan officials are also working towards arranging a meeting between Chang and Biden. While the first agreement under the U.S.-Taiwan Initiative on 21st Century Trade has been signed, the second round of negotiations is not progressing as expected. Taiwan’s Minister Without Portfolio John Deng hopes to meet with U.S. Trade Representative Katherine Tai during the summit to confirm progress. Additionally, Taiwan will likely use the APEC summit as an opportunity to hold bilateral talks with CPTPP members to garner support for its admission to the trade pact.