MOFA delivers Q3 trade promotion report card | Efforts by Taiwan’s representative offices around the world in collaboration with the Ministry of Economic Affairs helped increase foreign trade

MOFA delivers Q3 trade promotion report card

MOFA delivers Q3 trade promotion report card

MOFA delivers Q3 trade promotion report card

MOFA delivers Q3 trade promotion report card

MOFA delivers Q3 trade promotion report card

MOFA delivers Q3 trade promotion report card
MOFA delivers Q3 trade promotion report card
  • By: taiwantoday.tw
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Efforts by Taiwan’s representative offices around the world in collaboration with the Ministry of Economic Affairs helped increase foreign trade and investment in the third quarter of 2019 while strengthening the country’s relationship with its allies and like-minded partners, according to the Ministry of Foreign Affairs Dec. 9.
 
By staging investment tours, trade fairs and other promotional events, the two ministries and government-supported Taiwan External Trade Development Council (TAITRA) helped generate US$330 million in potential procurement deals for local firms and attract US$160 million in incoming foreign investment, the MOFA said.
 
Of equal importance were the 150 or so visits organized by the ministry for senior officials between Taiwan and its key trading partners, in addition to numerous meetings between representative office staffers and business leaders.
 
Notable high-level discussions and exchanges in Q3 took place between deputy trade ministers from Taiwan and the Kingdom of Eswatini, Germany, Guatemala, Honduras, Paraguay and the U.K, among other countries.
 
During this period, Taiwan’s representative offices helped seal a raft of accords. These include an agreement on public finance cooperation and combating transnational crimes with St. Vincent and the Grenadines, a fintech cooperation deal with France, a technological cooperation agreement with the Netherlands, and a memorandum of understanding on fishery cooperation with Fiji.
 
The country’s representative offices in the U.S. and the Czech Republic also assisted in the passage of nine resolutions in central or local law-making bodies supporting trade engagement with Taiwan, the MOFA said. (SFC-E)
 
Write to Taiwan Today at ttonline@mofa.gov.tw
 
Tsai reaffirms commitment to deepening Taiwan-US trade ties

Tsai reaffirms commitment to deepening Taiwan-US trade ties

President Tsai Ing-wen said Dec. 9 that Taiwan is committed to starting negotiations with the U.S. on a bilateral trade agreement and expanding related exchanges across the board to boost economic growth.
 
Taiwan is a reliable commercial partner for the U.S., Tsai said. This is evidenced by the number of U.S.-headquartered heavyweights such as Amazon.com Inc., Cisco Systems Inc., Google LLC and Microsoft Corp. setting up innovation and R&D centers in the country, she added.
 
Other U.S. companies to invest in Taiwan include Micron Technology Inc. and Applied Materials Inc., said Tsai, with the former investing NT$66 billion (US$2.17 billion) into a center of excellence for DRAM while the latter launched a display manufacturing center and laboratory at Southern Taiwan Science Park in Tainan City.
 
Tsai made the remarks while receiving a delegation led by Ian Steff, assistant secretary for global markets and director general of the U.S. and Foreign Commercial Service in the U.S. Department of Commerce’s International Trade Administration, at the Presidential Office in Taipei City.
 
The delegation is visiting on a five-day fact-finding trip to discuss economic, trade, and investment issues and to take part in the third Taiwan-U.S. Digital Economy Forum.
 
According to Tsai, Taiwan’s economic relationship with the U.S. is going from strength to strength. This healthy state of affairs is illustrated by Taiwan sending the largest delegation among all participants who attended the 2019 SelectUSA Investment Summit, she added.
 
Tsai also expressed appreciation for Steff signing a joint letter in September with Assistant Secretary of State for the Bureau of East Asian and Pacific Affairs David Stilwell and Department of Agriculture Foreign Agricultural Service Administrator Ken Isley urging Fortune magazine’s top 500 companies to strengthen commercial ties with Taiwan.
 
In light of the U.S.-China trade conflict, Tsai said, the government will continue to secure Taiwan’s irreplaceable role in the global high-tech supply chain, adding that working alongside the U.S. for mutual benefit and prosperity is key to achieving a successful outcome. (YCH-E)
 
Write to Taiwan Today at ttonline@mofa.gov.tw
Recognizing Beijing imperils Taiwan allies' sovereignty: US official

Recognizing Beijing imperils Taiwan allies' sovereignty: US official

Washington, Dec. 9 (CNA) A U.S. State Department official warned Monday that allies of Taiwan who switch recognition to Beijing could be imperiling their sovereignty, citing risks such as debt and Chinese influence in domestic policymaking.

Speaking at the Global Taiwan Institute in Washington, Jennifer Spande, deputy director for Australia, New Zealand and Pacific Islands, reaffirmed the U.S. position that the Chinese campaign to steal Taiwan's diplomatic allies is a threat to stability in cross-strait relations.

Spande said the U.S. was not trying to dictate to anyone, but rather counseling prudence regarding the sovereignty issues involved in changes in policy by Taiwan's allies in the Pacific, so that the countries can remain "free from foreign coercion or domination."

"A region in which countries maintain their freedom of choice will be a more prosperous and secure one," Spande said.

China has successfully pressured seven countries around the world (including two in Oceania) to sever formal ties with Taiwan and recognize Beijing in the last three years, leaving Taiwan with only 15 diplomatic allies.

Despite the trend, however, newly-elected governments in both the Marshall Islands and Tuvalu have reaffirmed their support for Taiwan, Spande said.

Spande highlighted comments by Tuvalu Foreign Minister Simon Kofe, who said the risks of relations with China include debt as well as pressure to allow the construction of artificial islands and military bases.

More broadly, Spande praised Taiwan as a long-term partner in the Oceania region that works with the U.S. in areas such as natural disaster response, environmental protection and efforts to strengthen the rule of law, and she said the U.S. government hoped to expand areas of bilateral cooperation.

As an example, Spande cited the presence of the State Department's senior official for APEC, Sandra Oudkirk, at the inaugural U.S.-Taiwan Pacific Islands Dialogue, which was held in Taipei in October.

(By Chiang Chinye and Matthew Mazzetta)
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Indonesian in stable condition after carbon monoxide poisoning

Indonesian in stable condition after carbon monoxide poisoning

Taipei, Dec. 10 (CNA) An Indonesian migrant worker who suffered from carbon monoxide poisoning after burning charcoal in a poorly ventilated room in Miaoli County has regained consciousness and is in stable condition, the county's fire bureau said Tuesday.

The incident occurred Sunday, when the victim and three other Indonesians tried to seek warmth from low temperatures by burning charcoal in their dormitory in Tongluo Township, where they are employed at a temple, the bureau said.

Three of them soon started feeling dizzy and nauseous, while the other fell unconscious, according to the Miaoli County Fire Bureau.

The unconscious victim was treated in a local hospital for carbon monoxide poisoning with hyperbaric oxygen treatment, the bureau said.

The hospital's deputy superintendent, Tsai Chien-tsung (蔡建宗), said later that carbon monoxide poisoning is common when appliances such as water heaters or gas stoves are used in a poorly ventilated room or enclosed space.

(By Kuan Jui-pin and Ko Lin)
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