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BackVice Minister of Economic Affairs Jiang Wenruo led a delegation to the UK to attend the 2026 Taiwan-UK Economic and Trade Dialogue Conference
Vice Minister of Economic Affairs Jiang Wenruo led a delegation to the UK to attend the 2026 Taiwan-UK Economic and Trade Dialogue Conference
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自由时报1 hour agoBusiness2 min readChinaView original

Vice Minister of Economic Affairs Jiang Wenruo led a delegation to the UK to attend the 2026 Taiwan-UK Economic and Trade Dialogue Conference

Quick Look

  • Undersecretary of the Ministry of Economic Affairs Jiang Wenruo chaired the 2026 Taiwan-UK Economic and Trade Dialogue in London, England.
  • The two sides had in-depth exchanges on issues such as economic and trade policy, economic security, clean energy, advanced manufacturing and life sciences, and signed two cooperation memorandums.
  • The UK expressed interest in participating in Taiwan's floating offshore wind power demonstration project.

AI-generated summary

Why It Matters

The UK is Taiwan's third largest trading partner in Europe, with bilateral trade volume exceeding US$6.8 billion in 2025. The two sides have complementary advantages in technology, energy and manufacturing.

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Vice Minister of Economic Affairs Jiang Wenruo (6th from right in front) led a delegation to attend the 2026 Taiwan-UK Economic and Trade Dialogue Conference. (File photo)

[Reporter Lin Jinghua/Taipei Report] Deputy Minister of Economic Affairs Jiang Wenruo co-chaired the "2026 Taiwan-UK Economic and Trade Dialogue Conference" with Lord Anas Sarwar, Deputy Minister for Trade of the British Department of Business, Innovation, Science and Trade (BIST) in London, England yesterday (2) to have in-depth exchanges on economic and trade policy, economic security, and cooperation in key industries such as clean energy, advanced manufacturing and life sciences.

Jiang Wenruo said that Taiwan and the UK each have their own strengths in scientific research, innovation and industrial development. Combining the UK's advantages in basic research, AI chip design and technological innovation with Taiwan's experience in advanced manufacturing, system integration and supply chain management will help accelerate the development and verification of forward-looking technologies to commercialization, and jointly explore the global market.

Please read on...

Sarwar, Deputy Minister of BIST, said that the UK and Taiwan have a solid trade relationship, which brings growth, employment and investment to the bilateral economy. This Taiwan-UK Economic and Trade Dialogue will help identify new bilateral opportunities in digital trade, clean energy, and advanced manufacturing, support the UK’s industrial plans, and promote regional growth.

During the meeting, Taiwan and the UK exchanged views on a number of key technologies and industrial fields, including key minerals, space, and biotechnology and medicine. In terms of clean energy, the UK has expressed interest in participating in Taiwan's future floating offshore wind power demonstration project and hopes to deepen the long-term green energy partnership between the two parties.

The deputy ministers of both sides also witnessed the signing of memorandums of cooperation (MOU) between the Export-Import Bank of China and the UK Export Credit Agency (UKEF), and the Institute for Economic Research and the UK Technology Trade Association (Tech UK) to promote the docking of industries from both sides. The two cooperations will combine financial resources and industrial networks to create more favorable conditions for Taiwan-UK enterprises to promote cooperation.

During this trip, Vice Minister Jiang also attended the "Taiwan-British Business Roundtable", where Chinese businesses expressed their needs and suggestions for overseas expansion to the British side to promote policy alignment and industrial links between Taiwan and the UK. He also held discussions with British MPs and think tank scholars to exchange views on the international political and economic situation and the prospects for economic and trade cooperation between Taiwan and the UK.

The Ministry of Economic Affairs stated that Taiwan and the UK have close economic and trade exchanges. The UK is Taiwan's third largest trading partner in Europe. In 2025, the bilateral trade volume between Taiwan and the UK will exceed US$6.8 billion. In the future, the Ministry of Economic Affairs will continue to use official dialogue platforms and combine private industry momentum to help companies expand their markets and strengthen the resilience of bilateral supply chains.

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What to Watch

AI outlook — possibilities, not facts

  • Taiying will launch preliminary evaluation of floating offshore wind power demonstration project within the next 12 months

    Likely · Within months

  • The Taiwan-UK Economic and Trade Dialogue Mechanism will become an annual fixed consultation platform for both parties.

    Very likely · Within months

Open Questions

  • What is the execution timetable for specific cooperation projects?
  • What is the scale and budget of the floating offshore wind demonstration project?
  • After the two memoranda are signed, how to implement the industrial docking in the future?

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This article was originally published by 自由时报.

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