Taiwan’s New Economic Prospects with the U.S. and Beyond

2020 has 2020 has given Taiwan unexpected opportunities for economic expansion and trade relations. A U.S.-Taiwan Free Trade Agreement (FTA) is gaining more momentum than ever. At the same time, the pandemic has exposed the vulnerability of global supply chains concentrated in China, which is expediting manufacturing migration, reshoring, and “decoupling” to various degrees. How is the bilateral FTA expected to progress? And how is Taiwan shaping up to be an important actor in the current shifting global economic climate?

To answer these questions, the Sigur Center’s Taiwan Roundtable featured Her Excellency Bi-khim Hsiao, Taiwan’s Representative to the U.S. at the Taipei Economic and Cultural Representative’s Office, with a panel of leading experts, including Rupert Hammond-Chambers, President of U.S.-Taiwan Business Council, and Ambassador Kurt Tong, former U.S. Ambassador for APEC and a Partner of The Asia Group, to explore the prospects of the U.S.-Taiwan economic relationship and Taiwan’s future role in the global economy.

Read the full Asia Report covering the panel here.

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