EU-Taiwan political relations and cooperation

13-10-2021

Since its political transition began in the 1980s, Taiwan has become a vibrant democracy and has also joined the ranks of high-income countries. Economic relations between the EU and Taiwan are flourishing, as illustrated by the fact that the EU is Taiwan's most important source of foreign direct investment. The European Parliament has repeatedly called for the EU to take the first steps towards a bilateral investment agreement. During its October II plenary session, Parliament is expected to debate EU-Taiwan political relations and cooperation and vote on a draft recommendation to the High Representative of the Union for Foreign Affairs and Security Policy.

Since its political transition began in the 1980s, Taiwan has become a vibrant democracy and has also joined the ranks of high-income countries. Economic relations between the EU and Taiwan are flourishing, as illustrated by the fact that the EU is Taiwan's most important source of foreign direct investment. The European Parliament has repeatedly called for the EU to take the first steps towards a bilateral investment agreement. During its October II plenary session, Parliament is expected to debate EU-Taiwan political relations and cooperation and vote on a draft recommendation to the High Representative of the Union for Foreign Affairs and Security Policy.