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Overseas Trade: Taiwan

Question for Department for International Trade

UIN 133593, tabled on 26 January 2023

To ask the Secretary of State for International Trade, whether she is taking steps to increase trade with Taiwan.

Answered on

7 February 2023

The UK and Taiwan share a deep, £8bn trade and investment relationship. Longstanding Trade Talks with Taiwan are held annually to boost trade and support economic growth. In November 2022 my Rt. Hon. Friend for Chelsea and Fulham, the former Minister of State for Trade Policy, co-hosted the UK-Taiwan 25th annual Trade Talks in Taipei, during which discussions were held on areas of mutual interest, including on barriers to trade in sectors like fintech, food and drink and pharma, aimed at helping more UK firms export and invest in Taiwan. We are exploring a range of opportunities to further enhance our trade partnership.