Taiwan and the United States held a second meeting of their new annual economic dialogue on Tuesday to forge closer ties as U.S. President Joe Biden's administration shows support to the self-ruled island that has come under increasing pressure from mainland China.
Minister of Economic Affairs Wang Mei-hua, who led Taiwan's delegation, told a press conference after U.S.-Taiwan Economic Prosperity Partnership Dialogue, or EPPD, that the five-hour virtual meeting focused on such issues as supply chain resilience, science and technology, digital economy and 5G network security, as well as Beijing's economic coercion.
"The talks are a great way for bilateral cooperation on economic strategies," Wang said, adding that they agreed to promote supply chain security and cooperate on pharmaceuticals, health, clean energy and semiconductors amid a global chip crunch.