close
RTI to GoDownload RTI APP now
Open
:::

US gov’t agencies call on 500 firms to invest in Taiwan

  • 18 October, 2019
  • Leslie Liao
US gov’t agencies call on 500 firms to invest in Taiwan
President Tsai Ing-wen (middle)

Three US government agencies have sent a joint letter to 500 US companies calling on them to invest more in Taiwan. Officials from the US State Department, the US Commerce Department, and the US Department of Agriculture signed off on the letter.

The letter says that Taiwan is the United States’ eleventh-largest trading partner, its ninth biggest market for agricultural exports, and its seventh- largest source of international students.

The letter says, “The U.S. government does not dictate how private companies choose to label Taiwan and has publicly expressed our position that no government should impose political standards on how companies present information to their customers.”

According to news reports, the letter is the first of its kind sent to private enterprises.

On Friday, President Tsai Ing-wen called the letter an example of the strong and stable ties that the US and Taiwan enjoy.

Comments

Latest Newsmore