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Indo-Pacific: Taiwan not included in trade pact

Monday, 23 May 2022 05:34 Taipei Times

US National Security Adviser Jake Sullivan speaks at a daily press briefing in the Brady Briefing Room of the White House in Washington on Wednesday.
Photo: AFP

US President Joe Biden is expected to unveil a list of nations today who would be joining a long anticipated Indo-Pacific region trade pact, but Taiwan will not be among them.

US National Security Adviser Jake Sullivan said that Taiwan is not among the governments included in the launch of the Indo-Pacific Economic Framework, a trade pact that is meant to allow the US to work more closely with key Asian economies on issues including supply chains, digital trade, clean energy and anticorruption efforts.

Penalties set for economic espionage

Saturday, 21 May 2022 06:19 Taipei Times

Lawmakers signal their parties’ stances on the third reading of draft amendments to the National Security Act at the Legislative Yuan in Taipei yesterday.
Photo: Tien Yu-hua, Taipei Times

The Legislative Yuan yesterday passed amendments setting penalties for economic espionage of up to 12 years in prison or a NT$100 million (US$3.37 million) fine, and banning employees in key industries from traveling to China without permission, as it seeks to stifle theft of key technologies.

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Newsflash

Former US attorney-general Ramsey Clark, a long-time advocate for Taiwan’s democratization, is scheduled to arrive today on a two-day visit and is due to visit former president Chen Shui-bian (陳水扁) to get a better grasp on the conditions of his confinement and reportedly deteriorating health.

The former US official made the trip at the invitation of former Democratic Progressive Party (DPP) legislator Chai Trong-rong (蔡同榮) amid growing concerns both in Taiwan and abroad over the state Chen’s health as well as his human rights.