lørdag 21. november 2020

US and Taiwan sign five-year agreement on health, tech and security

Taiwan and the United States have held their first high-level meetings under a new economic dialogue, inking a five-year agreement and pledging future cooperation on health, tech, and security. The talks, held amid a contentious US presidential transition period and high regional tensions with China, did not advance Taiwan’s hopes for a trade deal with US, despite the two countries growing closer under Donald Trump and his pushback on Beijing.

They were led by Taiwan’s deputy minister of economic affairs, Chen Chern-chyi, and US undersecretary of state, Keith Krach, with the stated aim of building on historic ties and “shared democratic values”, and senior government officials met for the first time on Friday, signing an five-year memorandum of understanding. The parties established working groups on global health security, science and technology, 5G and telecommunications security, supply chains, women’s economic empowerment, infrastructure cooperation, and investment.