Taiwan Minister Visits Texas Chip Facilities, Talks Trade
Taiwanese Minister of Economic Affairs Jyh-Huei Kuo visited Texas last month to see two semiconductor facilities and discuss "enhancing" U.S.-Taiwan trade relations, Taiwan's International Trade Administration said last week. Kuo visited the opening of GlobalWafers’ new plant in Sherman, Texas, and traveled to Houston to visit Foxconn’s server plant, where he also hosted business roundtables with Houston-based Taiwanese business leaders.
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
"Minister Kuo wanted to gain a better understanding of Taiwan's outbound investment in Texas, explore areas where the Ministry’s support may be needed, and listen to the business leaders’ viewpoints on enhancing U.S.-Taiwan economic and trade relations," Taiwan said.
The trip comes nearly one year after Kuo and Texas Governor Greg Abbott signed the Taiwan-Texas Economic Development Statement of Intent, which "aims to enhance collaboration in fields such as semiconductors, electric vehicles, energy resilience, and innovative technologies."
Kuo said Taiwan plans to set up an investment and trade center in Texas later this year.