2023-11-08
Taiwan and the U.K. on Wednesday officially signed an Enhanced Trade Partnership (ETP) Arrangement, laying an important foundational framework upon which to build a long-term Taiwan-U.K. strategic trade partnership.
The ETP establishes mechanisms and guidelines for subsequent negotiations, and both sides have already agreed to carry out further discussions soon on the three areas of digital trade, investment, and renewable energy and net-zero emissions.
The agreement is Taiwan's first enhanced economic and trade framework with a European country. Future trade talks between both sides will gradually expand to cover other trade-related topics on a mutually beneficial basis, which can serve as a model for establishing enhanced trade relationships with other European nations.
Source： Department of Information Services, Executive Yuan
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