Taiwan Today
Date: July 6, 2016
The passage of a resolution in the European Parliament urging the European Commission to
The headquarters of the European Commission in Brussels is expected to be a hive of Taiwan-related activity once negotiations start in the near future on a Taiwan-EU investment agreement. (CNA)
immediately start talks with Taiwan on a bilateral investment agreement was welcomed July 6 by the Republic of China (Taiwan) Ministry of Foreign Affairs, with the MOFA describing the development as delightful and urging the EC to initiate negotiations as soon as possible.
“We are grateful for the July 5 resolution and hope both sides can work quickly to conclude the pact so as to enhance protection for investors, expand mutual investment and business opportunities, and create more local jobs,” the MOFA said. “The agreement promises to deliver mutual benefits and a win-win outcome.”
The resolution follows an address by President Tsai Ing-wen early last month at the Europe Day banquet organized by the European Chamber of Commerce in Taipei. She said a Taiwan-EU bilateral investment agreement would help Taiwan upgrade its industries and diversify its economy and foreign trade. [FULL STORY]