Economics Ministry, AIT vow to foster Taiwan-U.S. cooperation

The top officials from Taiwan’s Ministry of Economic Affairs and the American Institute in Taiwan (AIT) pledged on Monday to continue bilateral cooperation, including on the development of a resilient semiconductor supply chain.

In their first meeting, Economic Affairs Minister Wang Mei-hua (???) and AIT Director Sandra Oudkirk reviewed the expansion of the U.S.-Taiwan economic relationship and the development of economic, investment, and commercial ties, according to the two sides.

They also discussed progress achieved through the Economic Prosperity and Partnership Dialogue (EPPD), launched in November 2020 to build partnerships on 5G networks and telecommunications security, investment screening, and infrastructure cooperation, the AIT said.

According to the MOEA, Wang and Oudkirk committed to improving bilateral cooperation in the information and communications technology sector, including the further development of a resilient semiconductor supply chain that benefits both sides.

Wang also thanked the U.S. for generously donating 2.5 million doses of the Moderna COVID-19 vaccine to Taiwan in June, while Oudkirk said the U.S. was grateful for Taiwan’s donation of medical supplies such as masks last year during the early stages of the pandemic.

Source: Focus Taiwan News Channel