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Taiwan, Australia economic and trade ministers find areas for cooperation: AU envoy

Two nations seek to cooperate in energy, biotech, finance, and education

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Australian Trade Minister Dan Tehan (left), Taiwanese Economics Minister Wang Mei-hua had online discussion July 1. (CNA photo)

Australian Trade Minister Dan Tehan (left), Taiwanese Economics Minister Wang Mei-hua had online discussion July 1. (CNA photo)

TAIPEI (Taiwan News) — A video meeting between the trade ministers of Taiwan and Australia was held on Monday (July 5), CNA reported.

Taiwanese Economics Minister Wang Mei-hua (王美花) reached a consensus with Australian Trade Minister Dan Tehan on potential cooperation in multiple areas in an online meeting, Australia’s envoy to Taiwan Jenny Bloomfield tweeted on Monday.

"We welcome productive discussions between Trade and Economic Ministers," Bloomfield tweeted in both Mandarin and English.

She also pointed out that Taiwan is an important trade and investment partner for Australia. The two sides are looking forward to cooperation in multiple areas, including liquefied natural gas, biotechnology, finance, and education, she said.

Taiwan’s Ministry of Economics also confirmed that the virtual discussion had been held on July 1, saying the meeting had bolstered economic and trade relations between Taiwan and Australia, facilitating closer cooperation between both sides in the future.

During the meeting, Wang was invited to participate in an online forum on hydrogen energy on July 29. She accepted the invitation, saying it could boost cooperation on the development of alternative energy between government, industry, universities, and institutes while having a positive influence on policy after Taiwan’s energy transition.