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High-tech China ban to go: premier

Premier Wu Den-yih (吳敦義) said yesterday the government would soon lift a ban on high-tech industries setting up operations in China, saying regulations for the review and approval of applications were still being deliberated on by the Ministry of Economic Affairs (MOEA).

“I recently had a briefing from the MOEA [on reviewing investment bans on China] and was in support of its suggestions [to ease restrictions], but we still need to work out a detailed plan, as well as rules for reviewing applications,” Wu said at a press conference mapping out his Cabinet’s policies for this year.

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Defense, beef ban unrelated: US official

The increasingly fractious beef row between Washington and Taipei will not impact arms sales or other aspects of the bilateral relationship, Assistant US Secretary of State for East Asia and the Pacific Kurt Campbell said on Thursday.

Asked if Taiwan’s decision to ban some kinds of US beef would go beyond trade and economic relations and be linked to such vital issues as security and arms sales, Campbell said that it would not.

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Newsflash

Taiwan is to join other democracies in helping Ukraine recover from the Russian invasion, and share its experience with countering authoritarian threats with the world, President Tsai Ing-wen (蔡英文) late on Wednesday told the “Struggle for Freedom” forum in Dallas, Texas, hosted by the George W. Bush Presidential Center.

“For Taiwan, democracy is more than a fundamental value that unites our people; it is also a critical asset in addressing major challenges. Taiwan is now in the position to share its experience with the world and create alliances, allowing democracies to more effectively deal with crises and counter the threats of authoritarianism,” Tsai said via videoconference.