Minister of Economic Affairs Mr. Jong-Chin Shen (seated, 3rd from left), Director-General of DG GROW Mr. Timo Pesonen (seated, 2nd from left) and the delegation from the EU and Taiwan in a group photo.
Minister of Economic Affairs Mr. Jong-Chin Shen led a delegation to Belgium, which included the Board of Science and Technology, Industrial Development Bureau, Bureau of Energy, Bureau of Foreign Trade, and Department of Industrial Technology. Minister Shen and Director-General of DG GROW Mr. Timo Pesonen co-chaired the“5th EU-Taiwan Industry Policy Dialogue” on June 25, 2019.
“Towards smart, innovative and sustainable industries” was the focus of the dialogue. After both sides exchanged deep perspectives on overall policies concerning industries, digital economy, and circular economy, it was deemed that the directions of the EU and Taiwan's policies are consistent and their industrial advantages are complementary to engage in bilateral industrial cooperation. For example, Taiwan's development of 5G components is fully competitive, while the EU is good at system integration, thereby offering substantial opportunities for further bilateral cooperation.
The two sides agreed to deepen cooperation on areas of innovation in which both sides are complementary, especially smart manufacturing, AI, robotics, 5G/beyond 5G, renewable energy, space technology, and other areas.
In addition, both sides will continue to deepen cooperation on industrial clusters and start-ups to enhance the development and internationalization of SMEs. Furthermore, it was agreed to hold the next Industrial Policy Dialogue and cluster cooperation event in Taipei in 2020 so as to enhance cooperation.