Premier talks investment climate with AmCham Taipei

  • Date: 2016-07-27
  • Source: Department of Information Services, Executive Yuan

Premier  Lin  Chuan  received  a  delegation  from  the  American  Chamber  of  Commerce  (AmCham)  in  Taipei  today,  discussing  recommendations  on  Taiwan’s  investment  climate  and  ways  to  forge  closer  links  with  world  markets.  

Lin  also  thanked  AmCham  Chairman  Dan  Silver  for  supporting  Taiwan  on  the  chamber’s  2016  “Doorknock”  trip  to  Washington  D.C.  (June  20-24),  during  which  the  chamber  conveyed  to  U.S.  government  officials  the  importance  of  Taiwan  entering  the  Trans-Pacific  Partnership  (TPP)  when  it  expands  beyond  its  original  12  members.  

Regarding  the  2016  Taiwan  White  Paper  published  by  AmCham,  Lin  said  he  appreciated  the  book’s  recommendations  concerning  Taiwan’s  investment  barriers,  business  environment,  regulatory  framework  and  international  links.  The  government  will  strive  to  improve  all  of  these  areas  and  create  better  conditions  for  TPP  membership.

The  Taiwan-U.S.  relationship  is  among  the  most  important  of  all  of  Taiwan’s  foreign  relations,  Lin  said,  and  the  government  values  exchanges  in  all  areas,  whether  in  trade,  technology,  academia,  culture  or  regional  security.  The  two  sides  have  formed  a  solid  partnership  based  on  shared  values  of  freedom  and  democracy.  The  premier  thanked  AmCham  for  its  past  efforts  and  hopes  the  chamber  will  continue  to  serve  as  a  communication  channel  between  Taiwan  and  the  U.S.

The  National  Development  Council  said  its  TPP  strategy  contains  five  components:  update  and  expand  impact  assessments,  accelerate  regulatory  harmonization  and  responses,  step  up  communication  efforts  domestically  and  gather  feedback,  woo  support  from  TPP  members,  and  build  domestic  capabilities.  These  efforts  will  also  enhance  and  diversify  Taiwan’s  foreign  trade  markets  while  strengthening  its  regional  and  global  ties.

After  the  text  of  the  TPP  agreement  was  published,  Taiwan’s  government  agencies  developed  an  inventory  of  regulatory  differences  and  have  submitted  the  appropriate  amendments  and  supporting  measures  for  the  Executive  Yuan’s  approval,  the  council  said.  The  Ministry  of  Economic  Affairs  has  also  established  a  TPP  Communication  Projects  Office  and  set  up  a  dedicated  website  and  Facebook  page  to  facilitate  communication  and  interaction  among  all  sectors.