The cover story in this issue of Taiwan Business TOPICS looks back with appreciation to 40 years ago this month when the Taiwan Relations Act (TRA), freshly passed by Congress, became U.S. law with President Jimmy Carter’s signature. The drafting of the TRA – a process in which AmCham Taipei is proud to have played a…
Part of President Tsai Ing-wen’s vision for the New Southbound Policy was for Taiwan to host an annual conference of thought leaders from the target countries to provide guidance regarding regional concerns and how the New Southbound Policy could best address them. Organizing the event – to be held each year on October 11 and…
KMT Stages Comeback in Local Elections The opposition Chinese Nationalist Party or Kuomintang (KMT) won mayoral seats in three closely watched major constituencies – Kaohsiung, Taichung, and New Taipei City – in local elections held November 24. In Taipei City, incumbent independent Mayor Ko Wen-Je was reelected by a narrow 3,000-vote margin, prompting the runner-up…
Vice President Chen Received by the Pope Leading a delegation to the Holy See to attend canonization ceremonies for Pope Paul VI and others, Vice President Chen Chien-jen was received by Pope Francis at Castel Gandolfo, the former Papal summer residence. Chen said Pope Francis sent his regards to President Tsai Ing-wen and said he…
It’s still hard to assess the prospective impact on Taiwan of the U.S.-China tariff battle. As the U.S.-China tariff war unfolds, observers in Taiwan have been searching for clues as to what the impact on the Taiwan economy will be. Heavily trade-dependent Taiwan, after all, is in a precarious position in the middle. It regards…
Companies are eyeing the market for if and when sanctions are relaxed. Taiwanese businesses are among many around the world that watching to see whether the prospective U.S.-North Korean denuclearization deal is successful, and if so whether the North Korean market will be opening up for international trade, an expert on North Korea said at…
Panama Cuts Ties With Taiwan Panama switched diplomatic recognition from Taipei to Beijing, the latest in a series of developments that further isolate Taiwan on the global stage. Panamanian President Juan Carlos Varela cited “economic interests” as the incentive to sever the diplomatic ties. In response, Taiwan plans to halt all bilateral cooperative projects and…
To many people, the above abbreviations may simply look like alphabet soup, but the relationships they stand for can be expected to play a crucial role in shaping Taiwan’s economic future. The TPP, or Trans-Pacific Partnership, represents a potential opportunity for Taiwan to break out of its near isolation in terms of participation in free…
In the face of persistent pressure from Beijing, foreign aid has helped Taipei bolster formal relations with countries in need. Can that strategy endure? Taiwan has long provided technical and financial assistance to other countries as a means of boosting its limited international profile. Given the relentless efforts of the People’s Republic of China (PRC)…
