The US is working with Taiwan to restructure global supply chains under the shared values of transparency and accountability, American Institute in Taiwan (AIT) Director Brent Christensen said, according to a transcript released by AIT yesterday.
Christensen made the remarks on Tuesday at the International Investment Forum in Taipei hosted by the Mergers and Acquisitions and Private Equity Council of Taiwan.
The COVID-19 pandemic has exposed the risks of over-reliance on one country or supplier for critical materials, such as medical supplies and pharmaceuticals, and for industries that are of strategic importance to shared economies, Christensen said.
Photo: Peter Lo, Taipei Times
Washington aims to diversify and bring supply chains closer to end users, and ensure that countries like China do not hold supply chains hostage for political purposes, he said.
The US works with like-minded partners, including Taiwan, Japan and the EU, to develop new supply chains based on shared values, he added.
Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) plans to boost investment in the US send “an unmistakable signal that the future of high-tech supply chains remains in the US-Taiwan nexus,” Christensen said.
Highlighting the importance of accountability, transparency, reciprocity, respect for the rule of law and human rights, he said: “We would call these American values. We would also call them Taiwan values.”
At another forum in Taipei yesterday, the AIT and the Taipei Economic and Cultural Representative Office in the US issued a joint declaration on 5G security, echoing the Prague Proposals.
The Prague Proposals resulted from a 5G security conference hosted by the Czech Republic in May last year, and attended by officials and experts from more than 30 countries.
The US’ 5G Clean Path, announced by US Secretary of State Mike Pompeo in April, is an end-to-end communication that does not use any transmission, control, computing, or storage equipment from extremely problematic, untrusted IT vendors, such as Huawei Technologies Co (華為) and ZTE Corp (中興), Christensen said at yesterday’s forum.
The joint statement said that 5G suppliers should provide products and services that enable fair competition and downstream development by the maximum number of market participants.
It listed four criteria for evaluating 5G suppliers: Network hardware and software suppliers should not be subject, without independent judicial review, to control by a foreign government; suppliers should be financed openly and transparently; they should have transparent ownership, partnerships and corporate governance structures; and they should exemplify a commitment to innovation and respect for intellectual property rights.
Taiwan, on the front line of cyberdefense, has pre-emptively excluded hardware and software with cybersecurity risks, Minister of Foreign Affairs Joseph Wu (吳釗燮) said.
All of Taiwan’s 5G suppliers — Chunghwa Telecom Co (中華電信), Taiwan Mobile Co (台灣大哥大), Far EasTone Telecommunications Co (遠傳電信), Asia Pacific Telecom Co (亞太電信) and Taiwan Star Telecom Co (台灣之星) — are listed in the US’ Clean Path, showing that Taiwan is a trustworthy partner, he said.
The joint declaration signals that Taiwan-US cooperation in protecting cybersecurity has become institutionalized, Wu said, adding that Taiwan would continue to work with the US and other like-minded countries to develop 5G network standards.
A Ministry of Foreign Affairs official yesterday said that a delegation that visited China for an APEC meeting did not receive any kind of treatment that downgraded Taiwan’s sovereignty. Department of International Organizations Director-General Jonathan Sun (孫儉元) said that he and a group of ministry officials visited Shenzhen, China, to attend the APEC Informal Senior Officials’ Meeting last month. The trip went “smoothly and safely” for all Taiwanese delegates, as the Chinese side arranged the trip in accordance with long-standing practices, Sun said at the ministry’s weekly briefing. The Taiwanese group did not encounter any political suppression, he said. Sun made the remarks when
The Taiwanese passport ranked 33rd in a global listing of passports by convenience this month, rising three places from last month’s ranking, but matching its position in January last year. The Henley Passport Index, an international ranking of passports by the number of designations its holder can travel to without a visa, showed that the Taiwan passport enables holders to travel to 139 countries and territories without a visa. Singapore’s passport was ranked the most powerful with visa-free access to 192 destinations out of 227, according to the index published on Tuesday by UK-based migration investment consultancy firm Henley and Partners. Japan’s and
BROAD AGREEMENT: The two are nearing a trade deal to reduce Taiwan’s tariff to 15% and a commitment for TSMC to build five more fabs, a ‘New York Times’ report said Taiwan and the US have reached a broad consensus on a trade deal, the Executive Yuan’s Office of Trade Negotiations said yesterday, after a report said that Washington is set to reduce Taiwan’s tariff rate to 15 percent. The New York Times on Monday reported that the two nations are nearing a trade deal to reduce Taiwan’s tariff rate to 15 percent and commit Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) to building at least five more facilities in the US. “The agreement, which has been under negotiation for months, is being legally scrubbed and could be announced this month,” the paper said,
MIXED SOURCING: While Taiwan is expanding domestic production, it also sources munitions overseas, as some, like M855 rounds, are cheaper than locally made ones Taiwan and the US plan to jointly produce 155mm artillery shells, as the munition is in high demand due to the Ukraine-Russia war and should be useful in Taiwan’s self-defense, Armaments Bureau Director-General Lieutenant General Lin Wen-hsiang (林文祥) told lawmakers in Taipei yesterday. Lin was responding to questions about Taiwan’s partnership with allies in producing munitions at a meeting of the legislature’s Foreign Affairs and National Defense Committee. Given the intense demand for 155mm artillery shells in Ukraine’s defense against the Russian invasion, and in light of Taiwan’s own defensive needs, Taipei and Washington plan to jointly produce 155mm shells, said Lin,
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