Texas Opens Trade Office in Taiwan to Strengthen Economic Ties
Governor Abbott's initiative aims to enhance trade, investment, and innovation between Texas and Taiwan.
- The new office will operate under the Texas Economic Development & Tourism Office.
- Governor Abbott signed an Economic Development Statement of Intent with Taiwan's Minister of Economic Affairs.
- The initiative focuses on key sectors such as semiconductors, electric vehicles, and energy resilience.
- Taiwan is Texas' seventh-largest trade partner, with trade amounting to $21.3 billion in 2023.
- The office is expected to foster job creation and economic growth in both regions.