The COVID-19 pandemic has exposed the risk of over-reliance on a single country or supplier in the EU’s global supply chain. It has also highlighted the importance of like-minded partners establishing resilient and diverse global supply chains. As one of the major Asian economies, Taiwan is the EU’s 5th largest trading partner in Asia. […]
Watch the Webinar hereWebinar Taiwan’s Role in the EU’s Strategic Autonomy and Diversification of its Supply Chains
- Start10:00 AM - Dec 10 2020
- End11:30 AM - Dec 10 2020
- Online Discussion
- +32 2 230 81 22
- eias@eias.org
The COVID-19 pandemic has exposed the risk of over-reliance on a single country or supplier in the EU’s global supply chain. It has also highlighted the importance of like-minded partners establishing resilient and diverse global supply chains. As one of the major Asian economies, Taiwan is the EU’s 5th largest trading partner in Asia. The EU is also the largest source of foreign direct investment (FDI) in Taiwan, with the total sum of investment equalling €50.5 billion in 2019. In turn, Taiwan’s cumulative FDI in the EU reached €7.9 billion, generating more than 60,000 European jobs. Taiwan has long played a key role in the global supply chain, with its advanced ICT and biotechnology sectors. It has also set itself an ambitious renewable energy target, similar to the European Green Deal, and plans to reach the goal of 20% green energy generation by 2025, representing huge investment opportunities for European companies. Taiwan thereby serves as an important economic partner for the EU in the region, especially with regard to its key industries, enhancing the EU’s connectivity with the wider Asian region. This EIAS Webinar will also analyse the potential and prospects for an EU-Taiwan Bilateral Investment Agreement (BIA). A BIA between the EU and Taiwan could serve as a valuable instrument for the EU, assisting in diversifying its global supply chains and in further developing its strategic autonomy.
You can watch the Webinar here: https://youtu.be/xNowEOp6m7A
Download the Presentation by Mr Chen Chern-Chyi here
Download the Presentation by Mr Pascal Kerneis here
Download the Webinar Report here
Programme
Moderator:
Erik FAMAEY, Senior Associate EIAS
Introductory Remarks:
Ming-Yen TSAI, Taipei Representative to the EU and Belgium
Speakers:
Chern-Chyi CHEN, Deputy Minister of Economic Affairs, Taiwan
Christophe HANSEN, Member of the European Parliament
Giuseppe IZZO, Chairman, European Chamber of Commerce Taiwan
Pascal KERNEIS, Managing Director, European Services Forum
Sean KELLY, Member of the European Parliament
Followed by a Q&A session with the audience
Online Discussion with live streaming
Date: Thursday, 10 December 2020
Time: 10:00 – 11:30
Photo Credits: Visegrad Insight
