Taiwan wants to work with the EU to develop the renewable energy market in Southeast Asia. That was the word from President Tsai Ing-wen on Tuesday as she met the chair of the European Parliament’s Taiwan Friendship Group Michael Gahler in Taipei.
She said that in the past three years, Taiwan’s ties with the EU have grown much stronger. This includes record figures in trade and investment and also the establishment of the Formosa Club on October 16. The Formosa Club brings together the Taiwan Friendship Groups from the European Parliament, France, UK and Germany.
Regarding renewable energy, Tsai said that Taiwan has been working hard to transform its energy sources. It has attracted much European investment in wind farms, which she said is a great example of the aim for Europe-Asia Connectivity. She also said that Taiwan is expanding ties with Southeast Asia and she looks forward to working with EU countries to develop that market for renewable energy.
Tsai said she hopes Gahler can continue to support the signing of a Bilateral Investment Agreement (BIA) between Taiwan and the EU and the continued strengthening of ties.