Economics Minister Wang Mei-hua says now is the time to push for a bilateral investment agreement with the European Union.
She says ties between Taiwan and the EU are very close right now, and such a deal would further solidify relations.
She says a BIA would provide more incentives and protections for bilateral investment, which would in turn create a more flexible, reliable, and diverse supply chain.
Wang adds that economic exchanges between the two sides is also heating up, pointing out a recent deal between Hon Hai and the automobile corporation Stellantis.
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