The absence of diplomatic ties hasn’t deterred the establishment of collaboration in a host of different fields. During this commemoration year for the Taiwan Relations Act, Taiwan and the U.S. can take satisfaction from knowing that 40 years and the loss of formal diplomatic relations haven’t dimmed the deep-seated friendship and widespread cooperation between them….

In September 2018, Taiwan went through its quadrennial WTO Trade Policy Review (TPR). In this round, Taiwan not only received positive comments from the TPR members but voluntarily committed to becoming a “developed member” of the WTO, indicating that Taiwan is ready to better connect with the global market and improve the ease of doing…

The New Southbound Policy, launched in 2016 to enhance Taiwan’s contacts with countries in the surrounding region, has recently taken on added significance. The deterioration in U.S.-China economic relations has placed the spotlight on Southeast Asia and India as prime areas for future growth in trade and investment. Taiwan’s efforts to enhance relations with those…

Feeling the Pinch With the global trade environment growing increasingly uncertain, Taiwan recorded exports worth US$28.6 billion in December, 3% less than in the same month a year earlier. The Ministry of Finance attributed the dip largely to sluggish demand for semiconductors used in manufacturing smartphones. New export orders received in December told a similar…