TAIPEI (Taiwan News) — Taiwan’s Ministry of Foreign Affairs (MOFA) welcomed the opening of the Indiana trade office, calling it a move that will strengthen bilateral investment and cooperation.
Wang Liang-yu (王良玉), the head of MOFA’s Department of North American Affairs, said at a press conference Tuesday (Sept. 10) that the new office will leverage Taiwan's key role in the global high-tech supply chain, strengthening collaboration between Taiwan and Indiana in technology and economic sectors.
Wang said that due to the efforts of Taiwan's US representative offices and the increasing need for US states to enhance their supply chains, the number of state offices in Taiwan is growing. There are currently 24 states that have representation in the nation.
The director also noted the increasing frequency of US trade delegations visiting Taiwan from various states. This development creates opportunities for bilateral economic and trade cooperation, he said.
The Indiana office opened on Sept. 3 and was hailed by Indiana Secretary of Commerce David Rosenberg as a decision to “solidify new opportunities” for innovation in the semiconductor industry and “attract robust supply chains” to invest in the US state, according to a press release.
“Partnering with economies like Taiwan that boast high-tech, high-growth economies will provide even more opportunities for innovation and industry advancement,” Rosenberg said.
Indiana is interested in bolstering semiconductor, artificial intelligence, and agricultural technology cooperation. Taiwan is Indiana's fourth largest economic and trade partner in Asia.
