Taiwan, U.S. hold talks on overseas infrastructure finance

11/18/2020 11:20 PM
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Deputy Minister of Economic Affairs Chen Chern-chyi. CNA file photo
Deputy Minister of Economic Affairs Chen Chern-chyi. CNA file photo

Taipei, Nov. 18 (CNA) Taiwan and the United States held talks in Washington Tuesday on plans to jointly invest in overseas infrastructure, in the first of several meetings scheduled this week to discuss economic issues, according to the Ministry of Economic Affairs (MOEA).

Deputy Minister of Economic Affairs Chen Chern-chyi (陳正祺) held virtual discussions with Mitchell Silk, U.S. Assistant Secretary of the Treasury for International Markets, to discuss potential infrastructure investments in America and Southeast Asia, the MOEA said in a Facebook post.

The meeting took place under a cooperation agreement the two sides signed in September to identify and establish markets for infrastructure and energy in their respective regions, the ministry said.

Chen, who arrived in the U.S. on Monday, will participate in the first-ever Taiwan-U.S. Economic Prosperity Partnership on Friday and is expected to sign a memorandum of understanding on bilateral economic cooperation.

The dialogue will focus on clean 5G network development, global healthcare, supply chain security, energy development and infrastructure investment, according to the MOEA.

(By Liang Pei-chi and Matthew Mazzetta)

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