4th US-Taiwan Economic Prosperity Dialogue Commences

Department of State

Under Secretary for Economic Growth, Energy, and the Environment Jose W. Fernandez led the fourth U.S.-Taiwan Economic Prosperity Partnership Dialogue (EPPD), conducted under the auspices of the American Institute in Taiwan (AIT) and the Taipei Economic and Cultural Representative Office in the United States (TECRO), on December 7, 2023.

Under Secretary Fernandez was joined by representatives from across the U.S. government for discussions with TECRO Deputy Representative Robin Cheng, Minister of Economic Affairs Mei-Hua Wang, Deputy Minister of Foreign Affairs Roy Lee, and other representatives both in person and virtually.

Both sides welcomed the dialogue as an opportunity to deepen economic cooperation and strengthen the robust economic partnership between the two economies. The dialogue featured exchanges on responding to economic coercion, supply chain resilience and investment, addressing tax-related barriers to increase investment between the United States and Taiwan, and ensuring a secure energy transition toward Taiwan's NetZero 2050 goals. Discussions focused on highlighting progress made over the past year and identifying new areas for cooperation, information sharing, and mutual understanding.

The inaugural EPPD occurred in November 2020 under the auspices of AIT and TECRO to advance cooperation on a broad range of economic issues and forge closer ties between the two economies.

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