Taiwan pitches investment deal with EU to strengthen democracy

Reuters
June 19, 2020 

TAIPEI (Reuters) – Taiwan and the European Union should sign an investment agreement to use economics as a way to strengthen their democratic ties, Taiwan President Tsai Ing-wen said on Friday, pitching to revive a deal that has languished since before she took office.

The bloc included tech-powerhouse Taiwan on its list of trade partners for a potential bilateral investment agreement in 2015, the year before Tsai first won the presidency. But since then it has held no talks with Taiwan on the issue.

Speaking in a pre-recorded message to the Copenhagen Democracy Summit, Tsai alluded to autocratic China, which claims Taiwan as its own territory, in describing how her island stands to benefit from the reshaping of global supply chains in the COVID-19 world.
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