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Launch of UK-Taiwan Enhanced Trade Partnership Pillars on Investment, Digital Trade and Energy and Net Zero
30 June 2025
Type
Written Ministerial Statement
Department
Department for Business and Trade
At a Glance
Issue Summary
Douglas Alexander announces the signing of three pillars under the UK-Taiwan Enhanced Trade Partnership focusing on investment, digital trade, and energy and net zero.
Action Requested
The announcement is informational, highlighting the non-legally binding arrangements that will enhance trade and economic cooperation between the UK and Taiwan. The ETP Pillars build on previous commitments made in November 2023 and are informed by engagement with UK businesses.
Key Facts
- The UK-Taiwan Enhanced Trade Partnership Pillars were signed on 30 June.
- The signing was witnessed by Executive Yuan Minister-without-Portfolio Jen-Ni Yang during the MP's trip to Taipei where he co-chaired the 27th UK-Taiwan Trade Talks.
- The ETP Pillars are non-legally binding arrangements supporting the unofficial relationship between the UK and Taiwan, valued at £9.3bn in the four quarters to Q4 2024.
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Assessment & feedback
Summary accuracy