Radio Taiwan International
Date: 2017-09-19
The European Union has signaled that it is preparing to open investment talks with Taiwan. The news comes in a recent EU trade strategy report.
Among ten items raised in the report, the EU sees Asia and Latin America as major engines for global economic growth moving forward. In Asia, the report said, the EU views Indonesia, the Philippines, Thailand and India as countries with which to broaden trade ties. But it said it is already preparing to open investment talks with Taiwan and with Hong Kong.
With the United States moving towards protectionism, the EU has continued to emphasize free trade in recent years. In July, the EU reached a framework agreement on an economic partnership deal with Japan. It said at the time that Taiwan was also on its radar as an important trading partner in Asia. Now it appears the EU believes the time is right to take the next step. [FULL STORY]