Taiwan, UK mulling trade agreement

GOING ‘GREEN’: As the first country to develop civil nuclear power, the UK can help Taiwan deal with its end of life of nuclear plants, a British trade representative said

Taipei Times
Date: Apr 11, 2018
By: Stacy Hsu  /  Staff reporter

British Undersecretary of State for International Trade Graham Stuart yesterday set an

British Undersecretary of State for International Trade Graham Stuart inspects a light panel yesterday at a news conference at the YesHealth iFarm vertical vegetable farming company in Taoyuan.  Photo: Lu Yi-hsuan, Taipei Times

optimistic tone for the possibility of a trade agreement between Taiwan and the UK after Brexit, touting the productive environment created by bilateral trade talks.

Stuart made the remarks at a news conference in Taoyuan at the vertical vegetable farming company YesHealth iFarm (源鮮智慧農場), which is to invest £18 million (US$25.5 million) to establish its first European base with a vertical farming factory in York, England.

“This is only the latest announcement in a pattern of mutual trade and investment that has flourished between our economies in recent years,” Stuart said, adding that the firm’s 14-story vertical farm is Asia’s largest indoor plant producer and is at the cutting edge of an industry that, while still in its early stages, has truly global implications.

He also announced that frozen food manufacturer Han Dian Frozen Prepared Food Co (漢典食品) would invest £3.5 million to expand its UK manufacturing operation, following an initial investment in London in September last year.    [FULL  STORY]

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