Our office welcomes the announcement by Valdis Dombrovskis, European Commissioner for Trade, to elevate the Taiwan-EU Economic and Trade Consultation to a ministerial dialogue
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Speaking at the European Parliament on May 17, Valdis Dombrovskis, European Commissioner for Trade, said that Taiwan is a leader in advanced technology and that the EU wants to develop trade and investment partnerships with Taiwan in mutually beneficial areas in line with the EU's Indo-Pacific strategy.
The two sides will hold their annual trade and investment dialogue on June 2 this year and will discuss key areas and policies regarding supply chains, export controls and foreign direct investment.
The EU's decision to upgrade the level of economic and trade dialogue with Taiwan demonstrates the importance it attaches to the economic and trade exchanges between Taiwan and the EU, as well as its willingness to strengthen Taiwan-EU supply chain cooperation. We welcome the EU's decision and will continue to build on the solid foundation of cooperation to deepen further collaboration in the economic and trade fields.