Taiwan Today
Date: November 21, 2016
Taiwan and the U.S. announced the intention to jointly support the establishment of a subfund on
women and the economy under the Asia-Pacific Economic Cooperation, according to James Soong, representative of President Tsai Ing-wen, at the APEC Economic Leaders’ Meeting Nov. 18 in Lima, Peru.
The initiative, which was revealed by Soong and U.S. Secretary of State John Kerry at a breakfast function marking the fifth anniversary of the San Francisco Declaration on Women and the Economy, will enable APEC’s 21 members to apply for funding to support new or existing projects on women’s economic empowerment.
The subfund, created on the basis of mutual trust between Taipei and Washington, is another concrete example of Taiwan’s meaningful participation in and contribution to the international community, the Ministry of Foreign Affairs said.
Soong also took the opportunity to update function attendees such as Mercedes Rosalba Araoz Fernandez, second vice president of Peru, and Scott Price, chairman of the U.S. National Center for APEC, on Taiwan’s efforts unlocking the full economic potential of women and ensuring their integration in the regional economy. [FULL STORY]