The head of the National Defense Center meets with the Undersecretary of the US State Department to discuss bilateral cooperation

The head of the National Defense Center meets with the Undersecretary of the US State Department to discuss bilateral cooperation

San Francisco, Nov. 15 (CNA) National Development Council Secretary Kung Ming-hsien met with Jose W. Fernandez, US Under Secretary of State for Economic Growth, Energy and Environment, in San Francisco to discuss cooperation between Taiwan and the United States.

Kong said on Wednesday that the discussion took place on Tuesday morning on the sidelines of the two-day Asia-Pacific Economic Cooperation (APEC) Ministerial Meeting from November 14-15.

During the event, Fernandez touched on a variety of topics, including the upcoming annual US-Taiwan Economic Prosperity Partnership Dialogue (EPPD), avoiding double taxation, and the US-Taiwan Initiative on 21st Century Trade.

The US Under Secretary of State also expressed his hope that the economic partnership between the United States and Taiwan will expand to include third countries in the future, especially regarding cooperation in the field of 5G, net-zero emissions and health care, to show the world the benefits of working with Taiwan. world.

In response, Kong told Fernandez that Taiwan is already actively working to enhance cooperation with third countries, citing as an example that under its New South Policy, Taiwan’s medical and health-related industries have expanded their cooperation opportunities with these countries.

On the other hand, the two officials also exchanged views on the issue of economic coercion, which Fernandez described as a source of great concern to the G7 countries.

At a press conference held after the ministerial meeting on Wednesday, Minister without Portfolio John Deng confirmed that Taiwan is striving to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

Deng and Kong were the officials representing Taiwan at this year’s APEC Ministerial Meeting.

APEC is an important platform for Taiwan because it allows the country to hold personal discussions with ministers from other countries, Deng said, adding that those who have joined the TPP are also APEC members.

The TPP, which emerged from the Trans-Pacific Partnership that the United States left in January 2017, is one of the world’s largest trading blocs, representing a market of 500 million people and accounting for 13.5% of global trade.

The signatory countries are Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.

The UK officially signed the trade agreement on 16 July 2023, and will join it when its accession is ratified by all parties.

Taiwan’s application to join the TPP was submitted on September 22, 2021, less than a week after China also applied for membership.

According to Deng, Taiwan is ready to meet the high standards set by the TPP, which requires members to ensure that their domestic economic policies are in line with the trade pact’s decrees.

He noted that Taiwan has not been sued by the World Trade Organization, nor is it involved in any major trade disputes with other countries.

Discussing the ministerial meeting, Kong, who also attended the press event, said they shared Taiwan’s experience regarding its digital transformation, adding that artificial intelligence can play a role in enhancing the quality of medical care.

Kong said Taiwan is committed to bridging the digital divide and enhancing digital resilience, especially with regard to the growing influence of artificial intelligence.

Although there are risks, Kong said that with sound governance, AI can benefit humanity, and Taiwan is willing to cooperate with APEC economies to promote regional digital health.

Regarding the green transition, which refers to the overall shift towards a more sustainable and environmentally friendly society and economy, the NDC president said he also highlighted that Taiwan aims to achieve net-zero emissions by 2050.

Regarding the Ministerial Meeting of the Indo-Pacific Economic Framework for Prosperity (IPEF), which was also held in San Francisco this week, Deng said Taiwan will continue on its current development path in its bid to join.

US President Joe Biden launched the Washington-initiated forum on May 23, 2022, to strengthen US economic engagement in the Indo-Pacific region. It was launched with the participation of 14 founding member countries, excluding Taiwan, but it is possible that other countries will join.

The Taiwan government said the decision to exclude Taiwan from the forum was unfortunate, because the country is an important economy that plays a crucial role in global supply chains and therefore should be included.

(Written by Tseng Chieh-yi and Ko Lin)

The end/almost

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *