Taiwan Today
Date: May 16, 2019

President Tsai Ing-wen (center) is joined by Madeleine Majorenko (right), head of the European Economic and Trade Office in Taiwan, and ECCT Chairman Giuseppe Izzo in toasting strong Taiwan-EU ties at the Europe Day banquet May 15 in Taipei City. (Courtesy of Presidential Office)

President Tsai Ing-wen said May 15 that Taiwan is committed to working even closer with the EU in strengthening exchanges and creating more opportunities for the people of both sides and throughout the Indo-Pacific.

Taiwan and the EU are natural partners and share synergies in potential-laden sectors such as digital economy, energy and transportation, Tsai said. As bastions of freedom, democracy and human rights, they will collaborate in devising innovative approaches to tackling unprecedented challenges and threats posed by authoritarian regimes, she added.

Tsai made the remarks at the Europe Day banquet organized by the European Chamber of Commerce Taiwan in Taipei City.

According to Tsai, thriving two-way ties are underscored by bilateral trade of more than US$57 billion last year and annual growth of 7 percent since 2016. EU investment in Taiwan soared 51 percent from three years ago to a record high of US$51 billion in 2018, she said.    [FULL  STORY]