Ive read that Taiwan wants to be an innovation hub in Asia. How would an FTA with the United States help bring this about?
Taiwan has an edge in the high tech sector already. A number of multinational firms have established R&D centers in Taiwan, and use Taiwan as a base of operations for the rest of East Asia. An FTA with the United States would accelerate this trend. Taiwans strong record of achievement in protecting intellectual property rights would be further enhanced under an FTA, making us even more attractive as a destination for high tech investment in Asia. We are upgrading Taiwans infrastructure and transforming ourselves to a knowledge-based economy in anticipation of these changes…….
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