TAIPEI (Reuters) -Taiwan's president-elect, Lai Ching-te, signalled on Wednesday his desire for Taipei to join the U.S.-led Indo-Pacific Economic Framework, considering the island's key role in the global economy. The United States excluded chip powerhouse Taiwan from the framework, part of the Biden administration's effort to counter what it says is Beijing's increasing economic and military coercion in the region, when it was set up in 2022. But the United States then set up the U.S.-Taiwan Initiative on 21st Century Trade, which joins the U.S.-Taiwan Economic Prosperity Partnership Dialogue and Technology Trade and Investment Collaboration Framework the two sides have.
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Taipei, Oct. 12 (CNA) Economics Minister Wang Mei-hua (王美花) proposed Tuesday in Washington that Taiwan and the Unites States build "dream teams" in semiconductors, electric vehicles and next-generation communication systems to advance global economic development.