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Taiwan Government and International – December 2020 - Taiwan Business TOPICS


Taiwan Business TOPICS
From left, AIT Director Brent Christensen, Minister of Foreign Affairs Joseph Wu, Minister without Portfolio John Deng, Minister of Economic Affairs Wang Mei-hua, and Minister of Science and Technology Wu Tsung-Tsong attend a press conference regarding the U.S.-Taiwan Economic Prosperity Dialogue. Photo: Martti Chen
U.S., Taiwan Hold Economic Talks
The inaugural U.S.-Taiwan Economic Prosperity Dialogue (EPP) was held in mid-November. The nine-hour talks took place both virtually and through physical meetings in Washington, D.C. and culminated in a five-year memorandum of understanding between the two sides. 
Among the topics discussed during the EPP were bilateral economic cooperation in the areas of medicine, technology, supply chains, and energy. Given the complementarity of the two partners’ ICT industries, as well as the Taiwan Semiconductor Manufacturing Co. (TSMC) project to establish a 12-inch fab in Arizona with an initia ....

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Healthy U.S.-Taiwan Ties Need Continuity - Taiwan Business TOPICS


Healthy U.S.-Taiwan Ties Need Continuity
Given the importance for Taiwan of its relationship with the U.S., a pending change in administration in Washington always sets off intense speculation on the island as to what to expect from the incoming American government. This year, with Joe Biden about to replace Donald Trump in the White House, there has been even more conjecture than usual.
Trump, after all, famously took a congratulatory phone call from Taiwan President Tsai Ing-wen before even being sworn in. And his administration went on to adopt a series of measures designed to bolster Taiwan’s defense and strengthen the overall bilateral relationship. Among these steps were a record level of weapons sales, including 66 F-16V fighter jets; the dispatch to Taiwan of the highest-ranking U.S. official to visit since 1979 (Secretary of Health and Human Services Alex Azar); and the recent inaugural meeting of a high-level U.S.-Taiwan Economic Prosperity Dialogue. ....

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