LIKE-MINDED: Envoys of the US, Europe, Japan and the Czech Republic backed a supply chain based on democracy, free markets and a respect for IP rights

Taipei Times
Date: Sep 05, 2020
By: Lin Chia-nan / Staff reporter

The Taiwan External Trade Development Council (TAITRA) and the American Institute in Taiwan (AIT) yesterday issued a joint statement on security supply chains, saying that they would augment consultations and cooperation, especially in the information and communications technology (ICT) and medical sectors, and ensure that “supply chains are secure and free from political coercion.”

The partnership would focus on encouraging partners to bring supply chains closer to home or like-minded economies, and to develop new supply chains based on shared values, the statement read.

“Developing supply chain resilience in like-minded priority regions, such as India, ASEAN and the Visegrad Group, which will collectively reinforce the Taiwan New Southbound Policy and US Indo-Pacific strategy” will be one of the partnership’s goals, it read.

The joint statement was issued following the Forum on Supply Chain Restructuring: Improving Resilience Amongst Like-Minded Partners hosted by the AIT at the Shangri-La Hotel in Taipei.
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