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Inaugural Taiwan-U.S. Economic Prosperity Partnership Dialogue
Kind: ICD What's New  Organization: Department of International Cooperation  Publish Date: 2020-11-26 10:00
The first Taiwan-U.S. Economic Prosperity Partnership Dialogue (EPP) was convened Nov. 20, highlighting the commitment of the like-minded partners to enhancing related exchanges and creating mutually beneficial opportunities.

Deputy Minister of Economic Affairs Chern-chyi “C.C.” Chen led the Taiwan delegation, while Under Secretary of State for Economic Growth, Energy and the Environment Keith J. Krach headed the U.S. delegation in the meeting held in Washington, D.C. Officials participating virtually from Taipei included Minister of Economic Affairs Mei-Hua Wang, Minister without Portfolio John C. C. Deng, and Minister of Science and Technology Tsung-Tsong Wu.

The meeting achieved significant fruitful outcomes, including the signing of a Memorandum of Understanding between the American Institute in Taiwan and the Taipei Economic and Cultural Representative Office in the United States on Establishing a U.S.-Taiwan Economic Prosperity Partnership Dialogue. The MOU lays the groundwork for deeper and more comprehensive bilateral economic cooperation ahead, according to Taiwan's representative office in the U.S. The EPP will be held annually, alternating between Washington and Taipei.

The inaugural meeting covered a broad range of issues, focusing on 5G networks and telecommunications security, supply chains, investment screening, infrastructure cooperation, renewable energy, global health, science and technology, and women’s economic empowerment.

The annual dialogue is expected to further strengthen the economic partnership between Taiwan and the U.S., with their shared respect for the values of democracy, freedom, and market economies, thereby generating significant win-win outcomes for both sides.

Sources: Focus Taiwan;Taiwan News; Taipei Times; U.S. State Department website

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Update: 2020-04-23
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