TAIPEI (Taiwan News) — The American Chamber of Commerce in Taiwan said it is optimistic about progress on a long-delayed US-Taiwan double taxation agreement, arguing the deal would deepen economic ties, Reuters reported Tuesday.
Speaking at the release of AmCham Taiwan’s 2026 White Paper, President Carl Wegner said he will lead a delegation to Washington this week to meet US officials and advocate for measures to strengthen trade and investment.
Wegner said a double taxation agreement remains one of AmCham’s top priorities. Taiwan is the only one of the US’ top 10 trading partners that does not have such an agreement, he said, creating unnecessary barriers for both markets.
He said the chamber has seen signs of progress in Washington, though discussions have dragged on for years. Wegner said he is hopeful that momentum from the Agreement on Reciprocal Trade signed earlier this year could move the proposal forward.
In its annual White Paper, AmCham described Taiwan as a critical US partner in maintaining economic stability and security in the Indo-Pacific, Reuters reported. The report highlighted Taiwan’s importance in global semiconductor supply chains and advanced technology industries.
The chamber also pointed to growing opportunities for cooperation in drones and other asymmetric defense technologies. Taiwan’s strengths in electronics and manufacturing could complement US capabilities in research, development, and defense innovation, it said.
Founded in 1951, AmCham Taiwan is celebrating its 75th anniversary this year. It represents more than 500 corporate members.
