Officials from Taiwan and the US held a sixth round of talks under the Economic Prosperity Partnership Dialogue (EPPD) in Washington yesterday and signed a pact agreeing to the principles of "Pax Silica."
The meeting was led on the US side by US Undersecretary of State for Economic Affairs Jacob Helberg, while Taiwan was represented by Minister of Economic Affairs Kung Ming-hsin (龔明鑫), the US Department of State said in a statement.
Photo: Reuters
The talks covered topics that included supply chain security, particularly in the field of artificial intelligence, as well as cooperation on uncrewed aircraft system component certification, support for trusted digital infrastructure and cooperation on critical minerals, the statement said.
Discussions also focused on "highlighting progress in responding to economic coercion, pursuing mutual cooperation in third countries and addressing tax-related barriers to increase investment between the United States and Taiwan," the department said.
Taiwan and US representatives also signed a joint statement endorsing the principles of the Pax Silica Declaration, the statement said.
"Pax Silica" is a US-led initiative focused on coordinating trusted supply chains for advanced technologies, whose initial eight signatories (now 11) did not include Taiwan, the world's leading producer of advanced semiconductors.
Upon its launch last month, Helberg said Taiwan had been involved and made contributions to the initiative, and that planners expected to roll out "several new members" in the first quarter of this year.
"Give us a little bit of room to let sensitive conversations unfold on a bilateral basis," Helberg told a Taiwan-based reporter at the time, who asked if there was a pathway for Taiwan to be brought in as a full participant.
Asked yesterday for an update on Taiwan's potential membership, Helberg said the signing of a joint statement was a "major milestone," but did not provide a timeframe for entry.
The EPPD framework was launched in November 2020 near the end of US President Donald Trump's first term, and continued during the administration of former US president Joe Biden.
Yesterday marked the sixth set of meetings under the EPPD framework, and the first since Trump returned to office in January last year.
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s largest foundry service provider, yesterday said that global semiconductor revenue is projected to hit US$1.5 trillion in 2030, after the figure exceeds US$1 trillion this year, as artificial intelligence (AI) demand boosts consumption of token and compute power. “We are still at the beginning of the AI revolution, but we already see a significant impact across the whole semiconductor ecosystem,” TSMC deputy cochief operating officer Kevin Zhang (張曉強) said at the company’s annual technology symposium in Hsinchu City. “It is fair to say that in the past decade, smartphones and other mobile devices were
US-CHINA SUMMIT: MOFA welcomed US reassurance of no change in its Taiwan policy; Trump said he did not comment when Xi talked of opposing independence US President Donald Trump yesterday said he has not made a decision on whether to move forward with a major arms package for Taiwan after hearing concerns about it from Chinese President Xi Jinping (習近平). Trump’s comments on Taiwan came as he flew back to Washington after wrapping up critical talks in which both leaders said important progress was made in stabilizing US-China relations even as deep differences persist between the world’s two biggest powers on Iran and Taiwan. “I will make a determination,” Trump said, adding: “I’ll be making decisions. But, you know, I think the last thing we need right
TAIWAN ISSUE: US treasury secretary Scott Bessent said on the first day of meetings that ‘it wouldn’t be a US-China summit without the Taiwan issue coming up’ There were no surprises on the first day of the summit between US President Donald Trump and Chinese President Xi Jinping (習近平), the Mainland Affairs Council (MAC) said yesterday, as the government reiterated that cross-strait stability is crucial to the Asia-Pacific region, as well as the world. As the two presidents met for a highly anticipated summit yesterday, Chinese state media reported that Xi warned Trump that missteps regarding Taiwan could push their two countries into “conflict.” Trump arrived in China with accolades for his host, calling Xi a “great leader” and “friend,” and extending an invitation to visit the White House
SECURITY: Taipei presses the US for arms supplies, saying the arms sales are not only a reflection of the US security commitment to Taiwan but also serve as a mutual deterrent against regional threats Taiwan is committed to preserving the cross-strait “status quo” and contributing to regional peace and stability, the Presidential Office said yesterday. “It is an undeniable fact that the Republic of China is a sovereign and independent democratic nation,” Presidential Office spokeswoman Karen Kuo (郭雅慧) reiterated, adding that Beijing has no right to claim sovereignty over Taiwan. The statements came after US President Donald Trump warned against Taiwanese independence. Trump wrapped up a state visit to Beijing on Friday, during which Chinese President Xi Jinping (習近平) had pressed him not to support Taiwan. Taiwan depends heavily on US security backing to deter China from carrying