Taiwanese Officials Say Building a Factory in the Us Is Not an Industrial Relocation, but an Extension and Expansion.
2 Articles
2 Articles
The Taiwanese government emphasized that the recent trade and investment agreement with the United States will strengthen the international presence of Taiwan's technology industry, and is not, as some have feared, a "relocation of industries overseas." Previously, this agreement had also sparked discussions within Taiwan regarding the distribution of semiconductor production capacity and economic security.
Vice Premier Cheng Li-chiun stated on the 20th that the core objective of the Taiwan-US tariff and investment negotiations is to stabilize Taiwan's export competitiveness and expand its industrial strength; the related arrangements do not involve the relocation of supply chains. She explained that, in accordance with the Taiwan-US Memorandum of Understanding (MOU) on investment cooperation, the government plans to support financial institutions …
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