Aug 15, 2019 General Comments Off on Taiwanese want US to help counter Chinese practices: AIT
Taipei, The American Institute in Taiwan (AIT) said Thursday that its digital dialogue initiative held over the past two months indicates that Taiwanese people want the United States to work with Taiwan and likeminded IndoPacific partners to counter Chinese marketdistorting practices.
AIT Deputy Director Raymond Greene made that observation during a public forum on U.S.Taiwan economic ties held at the American Innovation Center as part of its project AIT@40 Digital Dialogues Thursday.
The forum, titled Promoting the U.S.Taiwan Economic and Commercial Relationship, was also attended by Minister Without Portfolio Kung Minghsin )Minister without Portfolio responsible for digital technology Audrey Tang and Deputy Foreign Minister Hsu Szuchien
The United States, Taiwan, and all of our likeminded partners must take concerted and coordinated action now if we are to preserve the rulesbased economic order that has done so much to foster peace and prosperity over the past seven decades, Greene said, citing the digital dialogue that ran from midJune to midAugust on U.S.Taiwan economic relations.
In his remarks, Greene stated the common objective shared by Taiwan and the U.S., which is to see China play by international rules, respect intellectual property rights, and promote a vibrant private sector.
Marketdistorting subsidies, the theft of trade secrets, forced technology transfer, and promotion of statecontrolled 'national champion' companies stifle innovation and erode productivity, Greene said, adding that the social and economic dislocations these actions have created is leading to a political backlash against international trade around the globe.
Other ideas that emerged from the digital dialogue include a call for the strengthening of U.S.Taiwan digital economy cooperation in the face of U.S.China technology and trade tensions, and the need for the U.S. and Taiwan to pursue a free trade agreement.
Greene mentioned the desire of the U.S. to work closely with Taiwan in developing 5G technologies that provide greater protection from cyber attacks and data theft by international predators.
He also expressed optimism on a possible free trade agreement between the two countries as Taiwan fears being marginalized in the regional economic integration.
We believe the strategies proposed by you the public during this Digital Dialogue offer creative solutions for promoting U.S.Taiwan economic and commercial ties, Greene concluded.
Thursday's forum aimed to discuss the results of the second AIT@40 Digital Dialogue held after AIT Director Brent Christensen delivered a policy speech at an economic forum on June 18 in Taipei, in which he outlined his vision of how the United States and Taiwan can work together in the IndoPacific, specifically through economic and commercial cooperation.
Source: Focus Taiwan News Channel
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