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Taiwan President Tsai Ing-wen on Wednesday discussed ways to improve trade relations and economic exchange with British Secretary of State for Trade Policy Greg Hands.
“Our goal is to promote economic and trade exchange, and we hope our countries will work together to sign a bilateral investment agreement,” local newspaper “Fox Taiwan” quoted Tsai as saying during the meeting with the British minister.
Tsai expressed her willingness to sign an investment agreement with the UK in hopes of promoting mutual trade and investment, as Taiwan and the UK have deepened cooperation in areas such as technology, energy, trade and commerce over the past few years.
Faced with the many challenges of the post-pandemic era, Taiwan looks forward to working with the UK and other democracies to build more resilient global supply chains through technology cooperation and mutual investment and funding, he said.
It added that Taiwan is “ready to use its competitive advantages in advanced semiconductor manufacturing to help the world improve the restructuring of the semiconductor supply chain.”
On Monday, China criticized a visit to Taiwan by British trade policy secretary Greg Hands, the latest foreign official to defy Beijing’s warnings about ties with the self-ruled island.
Chinese Foreign Ministry spokesman Zhao Lijian told a news conference, “The UK must seriously respect China’s sovereignty, adhere to the one-China policy, stop official communications with Taiwan, and stop sending wrong signals to the Taiwan Independence Forces.”
After US House Speaker Nancy Pelosi visited Taiwan last August, China reportedly fired missiles into the western Pacific Ocean and grounded planes and ships near the island.
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