US EditionTaiwan Must Look to Democracies, Not China, for Trade Cooperation, President Says
Taiwan formalized the Pax Silica Declaration with the US to secure AI and semiconductor supply chains amid rising strategic competition with China, officials said.
- On Tuesday, President Lai Ching-te urged Taiwan to prioritize trade with democracies and highlighted plans to expand cooperation with the United States on AI and critical minerals.
- Senior officials last week signed the Pax Silica Declaration to secure AI and chip supply chains, while the US Department of State called Taiwan a `vital partner` in economic-security cooperation.
- At the same time, Hsiao Hsu-tsen, deputy chairman of the Kuomintang , traveled to Beijing with a 40-member delegation for a think-tank exchange on AI and tourism.
- Taiwan's opposition blocked Lai's US$40-billion special defence budget, and US Senator Roger Wicker was `disappointed` and urged parliament to reconsider, while the Kuomintang said Wicker's remarks were `made without sufficient information`.
- Lai said Taiwan must stand with democratic partners, arguing cooperation offers more sustainable opportunities than relying on Beijing, while remaining open to parity-based dialogue.
11 Articles
11 Articles
Taiwan Should Deepen Trade With Democracies, Not China, Taiwanese President Says
TAIPEI, Taiwan—Taiwan should prioritise economic cooperation with other democracies rather than China, Taiwanese President Lai Ching-te said on Feb. 3, as his administration set out plans for deeper cooperation with the United States in key sectors, including artificial intelligence (AI) and critical minerals. Speaking at a news conference at the Presidential Office, Lai praised the outcome of the sixth round of the U.S.–Taiwan Economic Prosperi…
Taiwan must look to democracies, not China, for trade cooperation, president says
Taiwan must look to fellow democracies, not China, for trade and economic cooperation, President Lai Ching-te said on Tuesday, as his government mapped out how the island plans to work with the United States on areas like AI and critical minerals.
Observador
Noticias ao MinutoThe Government of Taiwan has committed itself to guarantee more than $250 billion in corporate loans to make new investments viable.
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