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Economic ‘status quo’ is changing, US’ Pompeo says

The economic “status quo,” which benefits China, is changing, presenting opportunities for closer cooperation between Taiwan and the US, former US secretary of state Mike Pompeo told a business forum in Kaohsiung yesterday.

Pompeo is visiting Taiwan for the second time this year to attend the Global Taiwan Business Forum, organized by the Liberty Times (sister paper of the Taipei Times).

In a speech before more than 300 business representatives at the Kaohsiung Marriott Hotel, Pompeo discussed shifting relations in Southeast Asia driven by aggressive Chinese conduct.

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Ukraine lawmaker calls Taiwan true friend over China

Ukrainian Parliament Foreign Affairs Committee Chairman Oleksandr Merezhko called Taiwan a “true friend” in an interview published on Saturday.

During an interview with US online news outlet Axios, Merezhko said that he realized “China is not our friend” after Beijing described its relationship with the Kremlin as a “friendship without limits.”

Taiwan, on the other hand, had placed sanctions on Russia over its invasion of Ukraine, and had offered Ukraine substantial material support, he said.

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Newsflash

Taiwan is launching the “Chip Team Taiwan” initiative to forge robotics, drones and space industry supply chains to decrease dependence on China, National Science and Technology Council Minister Wu Cheng-wen (吳誠文) said yesterday.

Wu made the remarks at a news conference marking the conclusion of the 12th quadrennial National Science and Technology Conference in Taipei.

The integration of semiconductor manufacturing would boost the indigenous tech and defense sector’s growth, he said.