The fourth Taiwan-U.S. Economic Prosperity Partnership Dialogue wrapped up Dec. 8, highlighting the commitment of the like-minded partners to further deepen trade and investment ties.
The event, in both physical and virtual form, was led by Minister of Economic Affairs Wang Mei-hua and U.S. Under Secretary for Economic Growth, Energy and the Environment Jose W. Fernandez, from Taipei and Washington, respectively.
Other high-profile participants included Deputy Foreign Minister Roy Chun Lee, Deputy Economic Minister Chen Chern-chyi and representatives from the Ministries of Economic Affairs and Finance.
The dialogue focused on cooperation spanning economic coercion, investment, supply chain resilience and secure and sustainable energy transition, the Ministry of Foreign Affairs said. The two sides also exchanged views on strengthening information sharing and expanding existing collaboration, the ministry added.
According to the MOFA, in addition to reinforcing supply chain resilience for critical minerals, Taiwan and the U.S. will jointly enlarge their semiconductor personnel resources to meet the demands of artificial intelligence and the smart automation of industries. They have agreed on further exchanges between technological experts on energy transition and have drafted two-year plans to achieve net-zero carbon emission goals, the MOFA said, adding that both sides are also positive about the progress made toward signing a double-taxation avoidance agreement.
The like-minded partners believe that the dialogue has consistently yielded positive results following its inaugural 2020 edition, the MOFA said, adding that the government will continue strengthening collaboration with the U.S. to further boost the Taiwan-U.S. economic partnership. (YCH-E)
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