News / Taiwan / cnyes
President Lai Calls for Closer EU-Taiwan Ties and Semiconductor Strategic Partnership
Electronic Technology · Semiconductors · cnyes · 2026-09-01
President Lai Ching-te advocates for tax and investment agreements with the EU to bolster semiconductor cooperation and supply chain resilience.
What Happened
Economic Ties: President Lai Ching-te highlighted the strengthening economic relationship between Taiwan and the EU, noting that bilateral trade reached nearly $75 billion last year. The EU has become Taiwan's fifth-largest trading partner, with Taiwanese investment in Europe shifting toward long-term, large-scale strategic layouts.
Bilateral Agreements: To protect corporate interests, President Lai expressed a strong desire for Taiwan and the EU to sign double taxation avoidance and investment protection agreements. These frameworks are expected to lower investment barriers and encourage further Taiwanese expansion into European markets.
Semiconductor Synergy: Lai emphasized that Taiwan’s integrated semiconductor ecosystem complements Europe’s world-class strengths in R&D, equipment, and materials. A strategic partnership would create shared value and significantly enhance the resilience of the global supply chain.
Strategic Cooperation: With initiatives like the new technology park in Poland, Taiwanese firms are deepening their integration into European industries. The government aims to continue fostering collaboration in AI chips and advanced packaging to maintain a competitive edge in the global market.