Director General Vincent Liu, officers from the Taipei Economic and Cultural Office in Atlanta, elected officials from the Southeast, and business influencers gathered to celebrate the 107th National Day of the Republic of China (Taiwan). This was a day to not only celebrate the country’s remarkable history but also it’s economic impact on Georgia and the United States.
As of 2017, Taiwan was the 22nd-largest economy in the world. Its foreign exchange reserves totaled US$451.5 billion, the fifth-largest in the world. Taiwan’s exports have increased to near a seven-year high and its trade volume with the United States enjoys continuous growth. This year President Trump signed into law The Taiwan Travel Act which encourages high-level officials’ from both countries to exchange visits.
“Looking to the future, we will pursue policies to ensure national prosperity and our people’s wellbeing,” stated Director General Vincent Liu. “We will adhere to our steadfast diplomacy of mutual assistance for mutual benefit as we bolster substantive relations with the United States through comprehensive exchanges and cooperation, and take proactive steps to create a win-win for all parties.”
Taiwan’s trade volume with the United States enjoys continuous growth. Last year it increased by 2.8 billion US dollars (8.1%), with the total surpassing $68 billion dollars.
“The partnership between our two countries is successful,” stated U.S. Representative Karen Handel. “The future is brighter and better for greater economic impacts in the years ahead.”
Atlanta City Council President Felicia Moore remarked, “We share in economic issues. We have a wonderful sister city relationship with Taipei and we want to continue that relationship.”