The government yesterday evacuated more than 200 Taiwanese from the Middle East amid ongoing US-Israel strikes on Iran, multiple sources confirmed.
The Ministry of Foreign Affairs and the Ministry of Transportation and Communications arranged for their return from Qatar via Emirates Airway, Deputy Minister of Foreign Affairs Francois Wu (吳志中) told a post Cabinet-meeting news conference in Taipei.
The 20 Taiwanese travelers in a tour group reportedly stranded in Qatar were on this flight, after the foreign ministry established contact with them at midnight yesterday, he said.
Photo courtesy of the Commercial Office of Taipei, Dubai
Emirates Flight EK366 landed at Taiwan Taoyuan International Airport at 4:11pm, the airport’s Web site showed.
The government has set up a task force to bring Taiwanese home as flights become available, with safety being the priority, Wu said.
A total of 3,000 Taiwanese study, work or live in the Middle East and another 200 travelers were stranded due to the cancelation of connecting flights since the conflict’s outbreak, he said.
Taiwanese in countries that partially opened their airspace may book commercial flights to return home or request assistance from the nation’s representative office in Dubai, officials said.
Taiwan’s representative offices in Saudi Arabia, Bahrain, Kuwait, Dubai and Jordan are tasked with helping those stranded in countries whose airspace remain closed except Israel, they said.
Those in Israel should directly contact Taiwan’s representative office in that nation, officials said.
Meanwhile, Deputy Minister of Economic Affairs Lai Chien-hsin (賴建信) told the news conference that CPC Corp, Taiwan has secured natural gas to supply the nation through next month from sources outside the Middle East.
Taiwan would additionally use mutual aid collaborations with other Asia-based natural gas buyers and spot market purchases to secure energy supplies, he said.
A task force has been activated to monitor the shipments and prices of oil and gas, he said, adding that oil prices are holding steady as governments around the world have the situation under control for now.
Reports from the US that an inventory showed a larger amount of crude in its strategic reserves than originally expected is a contributing factor in the stability of oil prices, Lai said.
Eighty percent of the nation’s energy needs rely on liquefied natural gas and the government has made plans accordingly, officials said.
Taiwan has at least 90 days of oil supplies, 30 days of coal supplies and 11 days of natural gas supplies as required by law, which are being boosted further in response to the contingency in the Middle East, they said.
The nation’s actual oil and natural gas supplies are higher than the legally mandated minimum, they said.
The government could make adjustments to gas and oil prices if such changes become necessary to maintain energy security, officials said.
Citing Premier Cho Jung-tai (卓榮泰), Financial Supervisory Commission officials said that the stock market’s fall since the conflict’s outbreak remained within acceptable margins.
The TAIEX fell 7.3 percent between Monday and Wednesday, compared with 7.82 percent for Japan, 18.43 percent for South Korea, 5.19 percent for Hong Kong and 1.93 percent for Shanghai, officials said.
The impact of the US and Israeli strikes on Iran on the Taiwanese stock market is expected to be temporary, as fundamentals remain robust, they said.
Investors are urged to trade rationally and react to short-term fluctuations with calm, officials said, adding that measures to stabilize the stock market would be enacted if necessary.
Taiwan has received more than US$70 million in royalties as of the end of last year from developing the F-16V jet as countries worldwide purchase or upgrade to this popular model, government and military officials said on Saturday. Taiwan funded the development of the F-16V jet and ended up the sole investor as other countries withdrew from the program. Now the F-16V is increasingly popular and countries must pay Taiwan a percentage in royalties when they purchase new F-16V aircraft or upgrade older F-16 models. The next five years are expected to be the peak for these royalties, with Taiwan potentially earning
STAY IN YOUR LANE: As the US and Israel attack Iran, the ministry has warned China not to overstep by including Taiwanese citizens in its evacuation orders The Ministry of Foreign Affairs (MOFA) yesterday rebuked a statement by China’s embassy in Israel that it would evacuate Taiwanese holders of Chinese travel documents from Israel amid the latter’s escalating conflict with Iran. Tensions have risen across the Middle East in the wake of US and Israeli airstrikes on Iran beginning Saturday. China subsequently issued an evacuation notice for its citizens. In a news release, the Chinese embassy in Israel said holders of “Taiwan compatriot permits (台胞證)” issued to Taiwanese nationals by Chinese authorities for travel to China — could register for evacuation to Egypt. In Taipei, the ministry yesterday said Taiwan
Taiwan is awaiting official notification from the US regarding the status of the Agreement on Reciprocal Trade (ART) after the US Supreme Court ruled US President Donald Trump's global tariffs unconstitutional. Speaking to reporters before a legislative hearing today, Premier Cho Jung-tai (卓榮泰) said that Taiwan's negotiation team remains focused on ensuring that the bilateral trade deal remains intact despite the legal challenge to Trump's tariff policy. "The US has pledged to notify its trade partners once the subsequent administrative and legal processes are finalized, and that certainly includes Taiwan," Cho said when asked about opposition parties’ doubts that the ART was
If China chose to invade Taiwan tomorrow, it would only have to sever three undersea fiber-optic cable clusters to cause a data blackout, Jason Hsu (許毓仁), a senior fellow at the Hudson Institute and former Chinese Nationalist Party (KMT) legislator, told a US security panel yesterday. In a Taiwan contingency, cable disruption would be one of the earliest preinvasion actions and the signal that escalation had begun, he said, adding that Taiwan’s current cable repair capabilities are insufficient. The US-China Economic and Security Review Commission (USCC) yesterday held a hearing on US-China Competition Under the Sea, with Hsu speaking on