The Ministry of Foreign Affairs yesterday applauded a pledge by the G7 to raise US$600 billion in public and private funds to finance infrastructure in developing nations to counter China’s Belt and Road Initiative (BRI).
The government would not shy away from working with like-minded countries, Deputy Director-General of European Affairs Lu Shih-fan (呂世凡) said.
US President Joe Biden announced the pledge at the G7 summit in Germany on Sunday.
Biden said that the US and other G7 members would only provide “limited funding,” but encouraged private entities to make large-scale investments.
A German think tank has suggested that the G7 expand its membership to include other democracies, such as South Korea, Australia and New Zealand, and rebrand itself as the G10+1, with Taiwan as the “plus one.”
The ministry said it respected the think tank’s suggestion.
The G7 has in the past few years been leaning toward inviting like-minded countries to attend its meetings, Lu said, citing as examples invitations extended last year to Australia, India, South Africa and South Korea.
The G7 has this year extended invitations to Argentina, India, Senegal and South Africa to attend its summit to demonstrate its inclusivity and willingness to work with like-minded countries to face global challenges, defend liberties and the democratic way of government.
Lu said the government applauded such measures and looked forward to following suit.
Commenting on the NATO summit to be held in Madrid today and tomorrow, Lu said a new strategic concept document is expected to be passed at the meeting.
Lu also said that non-NATO countries, such as Japan, South Korea, Australia and New Zealand, have been invited to the summit for the first time.
The ministry also thanked the G7 for a communique it released that “underscores the importance of peace and stability across the Taiwan Strait and encourages a peaceful resolution of cross-strait issues.”
This is the second consecutive year that the G7 has issued a statement of support for Taiwan, which is appreciated by the Taiwanese government and people, it said.
A magnitude 6.4 earthquake struck off the coast of Hualien County in eastern Taiwan at 7pm yesterday, the Central Weather Administration (CWA) said. The epicenter of the temblor was at sea, about 69.9km south of Hualien County Hall, at a depth of 30.9km, it said. There were no immediate reports of damage resulting from the quake. The earthquake’s intensity, which gauges the actual effect of a temblor, was highest in Taitung County’s Changbin Township (長濱), where it measured 5 on Taiwan’s seven-tier intensity scale. The quake also measured an intensity of 4 in Hualien, Nantou, Chiayi, Yunlin, Changhua and Miaoli counties, as well as
Credit departments of farmers’ and fishers’ associations blocked a total of more than NT$180 million (US$6.01 million) from being lost to scams last year, National Police Agency (NPA) data showed. The Agricultural Finance Agency (AFA) said last week that staff of farmers’ and fishers’ associations’ credit departments are required to implement fraud prevention measures when they serve clients at the counter. They would ask clients about personal financial management activities whenever they suspect there might be a fraud situation, and would immediately report the incident to local authorities, which would send police officers to the site to help, it said. NPA data showed
ENERGY RESILIENCE: Although Alaska is open for investments, Taiwan is sourcing its gas from the Middle East, and the sea routes carry risks, Ho Cheng-hui said US government officials’ high-profile reception of a Taiwanese representative at the Alaska Sustainable Energy Conference indicated the emergence of an Indo-Pacific energy resilience alliance, an academic said. Presidential Office Secretary-General Pan Men-an (潘孟安) attended the conference in Alaska on Thursday last week at the invitation of the US government. Pan visited oil and gas facilities with senior US officials, including US Secretary of the Interior Doug Burgum, US Secretary of Energy Chris Wright, Alaska Governor Mike Dunleavy and US Senator Daniel Sullivan. Pan attending the conference on behalf of President William Lai (賴清德) shows a significant elevation in diplomatic representation,
The Taipei City Reserve Command yesterday initiated its first-ever 14-day recall of some of the city’s civilian service reservists, who are to undergo additional training on top of refresher courses. The command said that it rented sites in Neihu District (內湖), including the Taipei Tennis Center, for the duration of the camp to optimize tactical positioning and accommodate the size of the battalion of reservists. A battalion is made up of four companies of more than 200 reservists each, it said. Aside from shooting drills at a range in New Taipei City’s Linkou District (林口), the remainder of the training would be at