The 14th Annual Taiwan-Canada Economic Consultations
The 14th Annual Taiwan-Canada Economic Consultations was held in Taipei on December 13th, 2018. The meeting was co-chaired by Vice Minister of Economic Affairs Wang Mei-Hua, and Dr. Sarah Taylor, Director-General for North Asia and Oceania, and Champion for Women of Global Affairs Canada. The occasion saw both sides fully exchanging views on economic, trade and industrial cooperation.
The Taiwan-Canada Economic Consultations are an annual event held alternately in Taipei and Ottawa. The meeting this year expanded discussions into improving WTO functions in addition to exchanges on issues such as investment, agricultural produce, innovation exchanges and promotion, indigenous affairs, and women's participation in international trade. Additionally, promoting multilateral trade system cooperation, fishery products inspection, technology accelerator, FinTech cooperation and other issues were also included in this year’s discussions. It is hoped that the public and private sectors of the two sides will offer more opportunities for cooperation in these fields.
Our two sides discussed the exchange of innovative technologies, and Canada hosted the launching ceremony of the Canadian Technology Accelerator (CTA) on December 12th. The CTA is currently the first accelerator in Asia, with key projects that include artificial intelligence, the Internet of Things, digital medicine, and so on. The objective is to bring Canada's high-tech start-up industrial enterprises to Taiwan to cooperate with Taiwanese businesses.
Both parties affirmed the importance of this dialogue platform as a basis for promoting bilateral economic and trade cooperation. Both sides anticipate continuing cooperation through this platform to resolve issues of mutual concerns and deepen bilateral economic and trade relations.