Lai urges Europe to sign investment and tax agreements with Taiwan
Taiwan is pushing Europe for deals that would make it easier for companies on both sides to invest in each other, a positive signal for chipmakers and tech supply chains.
- President Lai Ching-te asked European countries to sign investment and double-taxation deals with Taiwan.
- Taiwanese money going into the EU has jumped sharply over the past decade, and trade between them is now worth about $75 billion a year.
- Taiwan's electronics industry group plans a technology park in Poland, giving Taiwanese firms a base inside the EU.
- Both sides want to move beyond just buying and selling chips and build joint research, design and manufacturing.
- Europe's planned Chips Act 2.0 is expected to open more room for working with Taiwan.
Outlook: Expect more Taiwan-EU tech tie-ups and pressure for formal tax and investment deals, though no agreement looks imminent.