Minister Ming-Hsin Kung of the Ministry of Economic Affairs (MOEA) and Minister Chia-Lung Lin of the Ministry of Foreign Affairs (MOFA) co-chaired a joint ministerial meeting on November 21 to conduct in-depth discussions on geopolitical risks and the restructuring of global supply chains. Both ministries agreed that, in the face of ongoing global economic realignment and geopolitical challenges, Taiwan must integrate its economic and diplomatic resources in order to build resilient and sustainable industrial ecosystems.

Minister Kung noted that global industrial deployments are rapidly shifting, with foreign companies diversifying investments to emerging countries and regions, such as ASEAN, Central and Eastern Europe, India, and Mexico. Taiwanese enterprises are also actively establishing overseas production bases in response to the needs of international clients. He stated that the MOEA will continue to uphold its core strategy of "rooting in Taiwan, deploying globally, and marketing to the world," thereby strengthening Taiwan's domestic investment environment and R&D capacity while helping industries grasp overseas market opportunities and advancing the development of industrial parks.

During the meeting, the two ministries emphasized that they would continue to enhance mechanisms for economic and diplomatic collaboration by integrating the strengths of government agencies, industries, and Taiwan's representative offices abroad, promoting the development of overseas science parks and industrial clusters, and helping Taiwanese businesses obtain more favorable investment conditions and policy support abroad.

The MOEA and MOFA pledged to work together with an open and pragmatic approach to promote Taiwan as a trusted global economic and trade partner, thereby injecting new momentum into industrial transformation, upgrading, and the nation's sustainable development.