Investment: Taiwan
The question
To ask the Secretary of State for Business and Trade, whether his Department plans to publish a roadmap for the implementation of the commitments made under the investment pillar of the UK–Taiwan Enhanced Trade Partnership.
Answered by Mr Douglas Alexander
As set out in the UK’s Trade Strategy, flexible trading arrangements and partnerships, such as the UK-Taiwan Enhanced Trade Partnership (ETP), are a valuable part of our toolkit.
The Investment Pillar of the ETP, along with the Digital Trade and Energy & Net Zero Pillars, sets out commitments on our respective trade and investment environments and frameworks. Our cooperation through the ETP will support trade and investment across all sectors, especially in the growth driving sectors outlined in the Modern Industrial Strategy. In particular, we will be focusing our implementation activities on complementary strengths between the UK and Taiwan, including in Advanced Manufacturing, Offshore Wind and Digital Infrastructure.
My department will keep businesses informed as we work with Taiwan to deliver our commitments under the ETP.
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