The US-Taiwan Business Council partnered with the Taipei Economic and Cultural Office in Chicago on the “Taiwan-U.S. Business Forum in the Midwest” webinar, taking place March 23-24, 2021.

In announcing the event, TECO Chicago said:

[We want to] encourage more business opportunities amid the restructuring of global high-tech supply chains and the expansion of markets for agricultural products and in the international food industry. As the United States’ 9th-largest trading partner and the 8th-largest market for American agricultural products in the world, Taiwan has strong trade and economic ties with the United States. With the ongoing relocation of global supply chains, more Taiwanese companies are looking for opportunities to bring their products and supply chains closer to their American customers.

 

Recognizing Chicago as a powerful hub for Taiwan-US business cooperation in the Midwest, especially in the areas of semiconductors, AI, smart manufacturing, the agriculture and food industry, financial and legal services, the Taiwan-US Business Forum also serves to positively echo U.S. President Joseph Biden’s call for stronger cooperation between like-minded partners in global supply chains to safeguard our common interests and values.

 

In addition, webinar organizers hope to bring forth policy outcomes from the recent “Taiwan-US Economic Prosperity Partnership Dialogue,” jointly held by the Taiwan Ministry of Economic Affairs,Taiwan Ministry of Foreign Affairs, and the U.S. State Department, to deliver support for an open, democratic, sustainable and rules-based global business ecosystem to the state and local levels, where our businesses may thrive with, and benefit from, our shared values.

As part of the two-day program, Council President Rupert Hammond-Chambers moderated a session on Taiwan-U.S. Business Opportunities Amid Restructuring of Global Supply Chains, featuring comments by speakers from World Business Chicago (WBC) and the American Chamber of Commerce in Taiwan, from leading semiconductor companies Taiwan Semiconductor Manufacturing Company (TSMC) and STMicroelectronics, from Taiwan technology company Foxconn Technology Group, and from Purdue and Stanford Universities, among others.

The Council thanks TECO Chicago and the other partners for the opportunity to participate in this excellent exchange of views on these important topics.