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Taipei, Sept. 14 (CNA) The Taiwan-Lithuania Business Club will be officially established on Thursday to further advance bilateral ties between Taiwan and the Baltic state, the Chinese International Economic Cooperation Association (CIECA) said in a statement Wednesday.
Opposition lawmakers yesterday called on the government to implement more robust policies to better protect Taiwan from Chinese economic and military aggression.
Citing China’s ban on products from 100 Taiwanese companies announced on Monday, Taiwan People’s Party (TPP) Legislator Chiu Chen-yuan (邱臣遠) said the government should implement four measures to better protect agricultural producers.
It should establish a dedicated consulting and counseling unit, and a dedicated hotline to provide assistance to affected businesses, he said.
It should also expand overseas markets for Taiwanese products, improve inspection of agricultural products before export and negotiate agricultural trade agreements with several nations, he said.
The largest market
Taiwanese companies need to work on decarbonizing or risk being “excluded from the supply chains of the future,” the Ministry of Economic Affairs said yesterday.
Speaking at a forum for decarbonation organized by the Chinese National Federation Industries (CNFI, 全國工業總會), Bureau of Foreign Trade Deputy Director-General Cynthia Kiang (江文若) said that now is the time for Taiwanese companies to start preparing for requirements from countries and companies for greener supply chains and clear accounting of carbon emissions.
The EU in July announced the Carbon Border Adjustment Mechanism (CBAM), under which products produced with a large carbon footprint would face tariffs