London Daily

Focus on the big picture.
Saturday, Feb 22, 2025

Taiwan aims for British trade deal as minister meets president

Taiwan aims for British trade deal as minister meets president

Taiwan hopes to sign a trade deal with Britain and deepen cooperation with new Prime Minister Rishi Sunak's government, President Tsai Ing-wen told a British minister visiting Taipei on Wednesday in defiance of Chinese demands such trips stop.
Taiwan views Britain as an important democratic partner and has been heartened by its concern over recent Chinese military exercises near the island and support for its participation in international organisations, most of which Taiwan is excluded from due to China's opposition.

China claims democratically governed Taiwan as its own territory and strongly objects to any official interactions between the island and foreign governments, believing it to be support for Taiwan's desire to be recognised as its own country.

Meeting Minister of State for Trade Greg Hands at the presidential office in Taipei, Tsai thanked Britain for its long-term support of Taiwan's international participation and peace and stability in the Taiwan Strait.

"We attach great importance to the British proposal to promote an enhanced trade partnership between Taiwan and Britain," Tsai said.

"Our goal is to strengthen mutually beneficial economic and trade exchanges between Taiwan and Britain and we hope Taiwan and Britain will work together to promote the signing of bilateral investment and trade agreements."

Taiwan, a major computer chip producer, was willing to "make the best allocations" to help the world on restructuring the semiconductor supply chain, and looked forward to working with democratic allies like Britain to build a more resilient global supply network, she said.

Taiwan also hoped Britain could "smoothly" join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, or CPTPP, and support Taiwan's membership of the trade group, Tsai said.

"I hope that with the support of the new government, Taiwan-Britain relations will continue to improve and there will be more results from our cooperation."

Britain's Department for International Trade said it was "delighted to be on track" for entry to the CPTPP, but, as it had yet to join, it could not comment on other potential joiners.

Britain has no formal diplomatic ties with Taiwan but the two have close economic and informal relations and Britain maintains a de facto embassy in Taipei.

Hands, in Taiwan for trade talks, told Tsai that their relationship was not only about that.

"Our relationship reaches beyond trade and investment - as two groups of islands with strong democracies and institutions, we have much in common, and face many challenges as likeminded partners," Hands' office quoted him as saying.

China's foreign ministry this week expressed anger at the trip, saying Britain should stop any official exchanges with Taiwan.
Newsletter

Related Articles

0:00
0:00
Close
UK Prison Officer Sentenced for Inappropriate Conduct with Inmate
Good News: Senate Confirms Kash Patel as FBI Director
Officials from the U.S. and Hungary Engage in Talks on Economic Collaboration and Sanctions Strategy
James Bond Franchise Transitions to Amazon MGM Studios
Technology Giants Ramp Up Lobbying Initiatives Against Strict EU Regulations
Alibaba Exceeds Quarterly Projections Fueled by Growth in Cloud and AI
Tequila Sector Faces Surplus Crisis as Agave Prices Dive Sharply
Residents of Flintshire Mobile Home Park Grapple with Maintenance Issues and Uncertain Future
Ronan Keating Criticizes Irish Justice System Following Fatal Crash Involving His Brother
Gordon Ramsay's Lucky Cat Restaurant Faces Unprecedented Theft
Israeli Family Mourns Loss of Peace Advocate Oded Lifschitz as Body Returned from Gaza
Former UK Defense Chief Calls for Enhanced European Support for Ukraine
Pope Francis Admitted to Hospital in Rome Amid Rising Succession Speculation
Senate Republican Leader Mitch McConnell, at the age of 83, Declares His Retirement.
Whistleblower Reveals Whitehall’s Focus on Kabul Animal Airlift Amid Crisis
Politicians Who Deliberately Lie Could Face Removal from Office in Wales
Scottish Labour Faces Challenges Ahead of 2026 Holyrood Elections
Leftwing Activists Less Likely to Work with Political Rivals, Study Finds
Boris Johnson to Host 'An Evening with Boris Johnson' at Edinburgh's Usher Hall
Planned Change in British Citizenship Rules Faces First Legal Challenge
Northumberland Postal Worker Sentenced for Sexual Assaults During Deliveries
British Journalist Missing in Brazil for 11 Days
Tesco Fixes Website Glitch That Disrupted Online Grocery Orders
Amnesty International Critiques UK's Predictive Policing Practices
Burglar Jailed After Falling into Home-Made Trap in Blyth
Sellafield Nuclear Site Exits Special Measures for Physical Security Amid Ongoing Cybersecurity Concerns
Avian Influenza Impact on Seals in Norfolk: Four Deaths Confirmed
First Arrest Under Scotland's Abortion Clinic Buffer Zone Law Amidst International Controversy
Meghan Markle Rebrands Lifestyle Venture as 'As Ever' Ahead of Netflix Series Launch
Inter-Island Ferry Services Between Guernsey and Jersey Set to Expand
Significant Proportion of Cancer Patients in England and Wales Not Receiving Recommended Treatments
Final Consultation Launched for Vyrnwy Frankton Power Line Project
Drug Misuse Deaths in Scotland Rise by 12% in 2023
Failed £100 Million Cocaine Smuggling Operation in the Scottish Highlands
Central Cee Equals MOBO Awards Record; Bashy and Ayra Starr Among Top Honorees
EastEnders: Four Decades of Challenging Social Norms
Jonathan Bailey Channels 'Succession' in Bold Richard II Performance
Northern Ireland's First Astronaut Engages in Rigorous Spacewalk Training
Former Postman Sentenced for Series of Sexual Offences in Northumberland
Record Surge in Anti-Muslim Hate Crimes Across the UK in 2024
Omagh Bombing Inquiry Concludes Commemorative Hearings with Survivor Testimonies
UK Government Introduces 'Ronan's Law' to Combat Online Knife Sales to Minors
Metal Detectorists Unearth 15th-Century Coin Hoard in Scottish Borders
Woman Charged in 1978 Death of Five-Year-Old Girl in South London
Expanding Sinkhole in Godstone, Surrey, Forces Evacuations and Road Closures
Bangor University Announces Plans to Cut 200 Jobs Amid £15 Million Savings Target
British Journalist Charlotte Peet Reported Missing in Brazil
UK Inflation Rises to 3% in January Amid Higher Food Prices and School Fees
Starmer Defends Zelensky Amidst Trump's 'Dictator' Allegation
Zelensky Calls on World Leaders to Back Peace Efforts in Light of Strains with Trump
×