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The U.S. and Taiwan business communities have, despite recent downturn in the global marketplace, maintained one of the strongest and most enduring relationships. Taiwan is the ninth largest trading partner for the United States, accounting for over $66 billion in bilateral goods trade and more than $22 billion in combined foreign direct investment. Hoping to deepen that relationship, Taiwan’s newly elected president, Tsai Ing-wen, has advocated strongly for Taiwan’s participation in the U.S.-led Trans-Pacific Partnership, but obstacles remain.
Francis K.H. Liang joined Richard Bush and Matthew P. Goodman to discuss U.S.-Taiwan business and industrial cooperation, the Trans-Pacific Partnership, and U.S.-Taiwan relations. Carnegie’s Douglas H. Paal moderated.
Francis K.H. Liang
Francis K.H. Liang is chairman of the Taiwan External Trade Development Council (TAITRA). He previously served as vice minister and chief trade negotiator at Taiwan's Ministry of Economic Affairs where he played an instrumental role in the signing of the Cross-Straits Economic Cooperation Framework Agreement.
Richard C. Bush III
Richard C. Bush III is a senior fellow at the Brookings Institution, holds the Chen-Fu and Cecilia Yen Koo Chair in Taiwan Studies, and is director of its Center for East Asia Policy Studies. He previously served as chairman and managing director of the American Institute in Taiwan.
Matthew P. Goodman
Matthew P. Goodman is senior adviser for Asian economics and holds the William E. Simon Chair in Political Economy at CSIS. Before joining CSIS, Goodman was White House coordinator for Asia-Pacific Economic Cooperation and the East Asia Summit.
Douglas H. Paal
Douglas H. Paal is vice president for studies at the Carnegie Endowment for International Peace. He previously served as vice chairman of JPMorgan Chase International and was an unofficial U.S. representative to Taiwan as director of the American Institute in Taiwan.