The government will prioritize exports of Taiwanese agricultural products to the US market in bilateral talks on the implementation of the US-Taiwan Initiative on 21st-Century Trade, President Tsai Ing-wen (蔡英文) said yesterday.
Tsai made the remarks during a visit to the Dasian Temple (大賢 宮) in Nantou County’s Mingjian Township (名間) on the second day of the Lunar New Year, where she offered prayers for the new year and handed out red envelopes.
Tsai said the government would aim to “systematically improve rural infrastructure, especially water conservation and irrigation systems, so that farmers can grow better crops more easily.”
The government is also looking at ways to help small and medium-sized enterprises reduce labor costs through the use of smart technology, she said.
The most important task now for Taiwan is to expand trade in the international agricultural market, she said, adding that the government sees the trade initiative as a way for Taiwan to trade top-quality agricultural products with the US.
“This is a priority project for us. We hope to market good agricultural products to the world, at good prices,” she said.
Taiwan and the US last week wrapped up their latest round of talks in Taipei under the trade initiative, which was launched in June last year.
The Office of Trade Negotiations has said it aims to complete talks with Washington in the areas of trade facilitation, combating corruption, small and medium-sized enterprises, good regulatory practices and the domestic regulation of services.
It added that it hoped to announce the results of those talks before the APEC summit is held in the US later this year.
Separately, Vice President William Lai (賴清德), the new chairman of the Democratic Progressive Party, yesterday morning visited New Taipei City’s Guangji Temple (廣濟宮), Wugu Siandi Temple (五穀先帝廟), Jian Temple (濟安宮) and Zhennan Temple (鎮南宮) as part of his nationwide temple visits during the Lunar New Year holiday.
While giving out red envelopes at the temples, Lai said he hoped that in the coming year, companies and the general public would demonstrate wit and prudence in the face of “poor international economic conditions, geopolitical changes and the threat of authoritarianism.”
Additional reporting by CNA
COMMITMENT: The world’s biggest contract chipmaker said that its new 2nm chips, as well as next-generation, cutting-edge 1.4nm chips, will be produced in Taiwan Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday said that the majority of its most advanced chips would continue to be manufactured in Taiwan and that it is boosting advanced chip packaging capacity to catch up with fast-growing demand driven by generative artificial intelligence (AI) applications like ChatGPT. Deeply rooted in Taiwan, TSMC is expanding production capacity for its most advanced 3-nanometer (nm) chips at its Tainan fab and is building new plants to produce new 2-nanometer chips in Hsinchu and Taichung in 2025. The chipmaker also plans to produce next-generation, cutting-edge 1.4-nanometer chips, which are currently under development, at home, it
Former US president Donald Trump has been indicted on charges of mishandling classified documents at his Florida estate, a remarkable development that makes him the first former US president to face criminal charges by the federal government that he once oversaw. The US Department of Justice was expected to make public a seven-count indictment ahead of a historic court appearance next week amid a presidential campaign punctuated by criminal prosecutions in multiple states. The indictment carries unmistakably grave legal consequences, including the possibility of prison if Trump is convicted. It also has enormous political implications, potentially upending a Republican presidential primary that Trump
PASSAGE DISPUTE: A US and Canadian transit was a provocation and an attempt to ‘exercise hegemony of navigation,’ China’s defense ministry told a forum in Singapore The Ministry of National Defense yesterday urged the Chinese Communist Party to avoid provocative behavior after a Chinese navy ship crossed the paths of a US destroyer and Canadian frigate transiting the Taiwan Strait. A Chinese ship on Saturday “executed maneuvers in an unsafe manner in the vicinity of [the USS] Chung-Hoon,” an American destroyer, the US Indo-Pacific Command said in a statement. The vessel “overtook Chung-Hoon on their port side and crossed their bow at 150 yards [137m]. Chung-Hoon maintained course and slowed to 10 [knots, 18.5kph] to avoid a collision,” the statement said. It then “crossed Chung-Hoon’s bow a second time
HARD-WON FREEDOM: Beijing’s 1989 crackdown on protesters has not been and should not be forgotten, as China tightens its grip on Hong Kong, Lai said Taiwanese enjoy democracy and freedom and have multiple ways to express their creativity, and hopefully young people in China would also one day have the freedom to sing and express themselves, President Tsai Ing-wen (蔡英文) said yesterday, commemorating the Tiananmen Square Massacre. Yesterday was the 34th anniversary of the Chinese People’s Liberation Army’s bloody crackdown on student-led protests in Beijing in 1989, also known as the June Fourth Incident. Tsai posted a photograph taken in March in a subway station in Guizhou, China, where hundreds of young people gathered to sing People With No Ideals Don’t Get Hurt (沒有理想的人不傷心), saying that they