Taiwan urges progress on EU investment deal as bloc courts chip firms

Taiwan urges progress on EU investment deal as bloc courts chip firms

According to Minister Kung Ming – hsin of the Taiwan National Development Council,” this being the situation, there are no problems or difficulties that cannot be resolved.”

” May you tell EU office, on the BIA, can it began, properly moving it ahead?” asked the question,” On the basis of this mutual believe.”

Although she did so at the same occasion last month, President Tsai Ing-wen did not bring up the BIA when speaking to the website.

Tsai said,” My feeling is that there is room for improvement in terms of Chinese investment in Europe, but we are working hard on that and simply give us a little more time- we’ll find it later.”

Despite being a member of the World Trade Organization, Taiwan’s diplomatic isolation and general exclusion from most international organizations and agreements would make it politically important.

Given that the BIA is” a long shot ,” a Taiwanese government official stated last month that Taiwan is looking for additional trade agreements with the EU.

The largest contract chip manufacturer in the world, TSMC, announced in August that it would invest€ 3.5 billion($ US$ 3.72 billion ) in Germany to build its first factory there.