Taiwan President Tsai Ing-wen hosted a US cybersecurity business development mission in Taipei City, expressing her commitment to further strengthening cybersecurity in Taiwan and promoting innovative technology in partnership with the group.
The delegation, led by Laurie E. Locascio, director of the National Institute of Standards and Technology (NIST) of the United States Department of Commerce, intends to introduce representatives of 13 American companies to leaders in the information technology sector. information and communications in Taiwan, as well as key industry suppliers, according to the Presidential Office.
During her speech, President Tsai highlighted that at the Scientific and Technological Cooperation Dialogue between Taiwan and the United States in May this year, experts from both sides reached a consensus on cooperation in several areas.
This event, which also included the participation of NIST, marked the first high-level political dialogue since both parties signed a technological cooperation agreement in 2020, the president added.
In addition to technological collaboration, Taiwan and the United States are strengthening their partnership in economics and trade, Tsai said, citing the conclusion of the first agreement under the 21st Century Trade Initiative between Taiwan and the United States in June, which represents a milestone in the bilateral economic partnership.
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Tsai expressed hope that Taiwan and the United States will soon sign an agreement to avoid double taxation with the aim of facilitating closer industrial ties.
In response, Locascio noted that Taiwan is an important friend and trading partner of the United States in the Indo-Pacific, adding that the group’s corporate representatives look forward to discussing trade ties and exchanges with their local counterparts.
The director indicated that joint efforts on cybersecurity, such as the Technology Investment and Trade Collaboration Framework signed by the United States Secretary of Commerce, Gina Raimondo, and the Minister of Economy of Taiwan, Wang Mei-hua, in 2021 , will strengthen related bilateral ties.
US President Joe Biden’s National Cybersecurity Strategy, released in March, also highlights the importance of cooperation with like-minded partners like Taiwan, Locascio said, adding that he hopes the visit will help Taiwan gain strategies and tools to further strengthen plus its cybersecurity.