As China continues to grow their military intrusions into Taiwan, US Secretary of Commerce Gina M Raimondo stated that the US is eager to cooperate with Taiwan.
Taiwan and the US have established a new bilateral cooperation framework to develop commercial programs and strengthen critical technology supply chains.
Called the Technology Trade and Investment Collaboration (TTIC), it is also to focus on promoting a two-way investment environment, studying industry trends, and exploring new opportunities and investment in the US market, a US Department of Commerce news release said.
The two sides are to designate representatives at the bureau level to plan and convene the first meeting of the TTIC in the coming months, the statement said, while providing few other details about the framework’s functions.
Taiwan and the US already
/ Staff writer, with CNATaiwan and the US have established a new bilateral cooperation framework to develop commercial programs and strengthen critical technology supply chains.
TAIPEI U.S. Commerce Secretary Gina Raimondo discussed chip supply chains during a call with her opposite number in Taiwan and the two will cooperate on technology trade and investment through a newly established mechanism, her office said.