The European Chamber of Commerce Taiwan (ECCT) has urged authorities in Europe and globally to grant Taiwan observer status in the WHO and the International Civil Aviation Organization (ICAO), saying that the nation’s meaningful participation is crucial to fighting an ongoing coronavirus outbreak.
The chamber has consistently called for Taiwan’s meaningful participation in international organizations, and the rapid spread of the 2019 novel coronavirus (2019-nCoV) in China to multiple nations, including Taiwan, renders the plea especially urgent, said the foreign trade group, which represents more than 900 members from 400 companies and organizations.
“Keeping Taiwan out during the outbreak of 2019-nCoV, which has been declared a public health emergency of international concern, puts Taiwan and the world at risk and cannot be justified for any reason,” ECCT chairman Giuseppe Izzo said in a statement on Thursday.
Taiwan’s exclusion from the WHO and World Health Assembly (WHA) activities leaves a serious gap in global efforts to address global health concerns, he said.
Allowing Taiwan to participate in the WHO and ICAO as an observer would ensure that Taiwan does not remain a blind spot in the battle against the epidemic and future global health crises, he added.
Participation in both organizations is especially crucial in a global health crisis, such as the coronavirus, which is spreading from person to person and is exacerbated by global air travel, Izzo said.
In a world where disease knows no borders, Taiwan has much to offer the world in enhancing global efforts to safeguard human health, the chamber said.
“Excluding Taiwan from the WHO and WHA denies Taiwanese access to essential global health information and resources, and ignores the potential contribution Taiwan can make to the WHO, given its excellent healthcare system and medical expertise,” Izzo said.
Participation in WHO and WHA meetings is necessary for Taiwanese authorities to give and receive frequent and comprehensive briefings on global health matters, while participation in ICAO is necessary to stay abreast of developments in international aviation, safety and security, the chamber said.
European firms collectively comprise the largest group of foreign investors in Taiwan, with more than US$55 billion in direct foreign investment.
The ECCT has been active in addressing specific concerns and keeps the European Commission and the European Parliament, as well as the governments of individual European countries, informed about Taiwan’s business environment.
TRADE WAR: Tariffs should also apply to any goods that pass through the new Beijing-funded port in Chancay, Peru, an adviser to US president-elect Donald Trump said A veteran adviser to US president-elect Donald Trump is proposing that the 60 percent tariffs that Trump vowed to impose on Chinese goods also apply to goods from any country that pass through a new port that Beijing has built in Peru. The duties should apply to goods from China or countries in South America that pass through the new deep-water port Chancay, a town 60km north of Lima, said Mauricio Claver-Carone, an adviser to the Trump transition team who served as senior director for the western hemisphere on the White House National Security Council in his first administration. “Any product going
TECH SECURITY: The deal assures that ‘some of the most sought-after technology on the planet’ returns to the US, US Secretary of Commerce Gina Raimondo said The administration of US President Joe Biden finalized its CHIPS Act incentive awards for Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), marking a major milestone for a program meant to bring semiconductor production back to US soil. TSMC would get US$6.6 billion in grants as part of the contract, the US Department of Commerce said in a statement yesterday. Though the amount was disclosed earlier this year as part of a preliminary agreement, the deal is now legally binding — making it the first major CHIPS Act award to reach this stage. The chipmaker, which is also taking up to US$5 billion
High above the sparkling surface of the Athens coastline, the cranes for building the 50-floor luxury tower centerpiece of Greece’s future “smart city” look out over the Saronic Gulf. At their feet, construction machinery stirs up dust. Its backers say the 8 billion euro (US$8.43 billion) project financed by private funds is a symbol of Greece’s renaissance after the years of financial stagnation that saw investors flee the country. However, critics see it more as a future “ghetto for the rich.” It is hard to imagine that 10km from the Acropolis, a new city “three times the size of Monaco”
STRUGGLING BUSINESS: South Korea’s biggest company and semiconductor manufacturer’s buyback fuels concerns that it could be missing out on the AI boom Samsung Electronics Co plans to buy back about 10 trillion won (US$7.2 billion) of its own stock over the next year, putting in motion one of the larger shareholder return programs in its history. South Korea’s biggest company would repurchase the stock in stages over the coming 12 months, it said in a regulatory filing on Friday. As a first step, it would buy back about 3 trillion won of paper starting today up until February next year, all of which it would cancel. The board would deliberate on how best to effect the remaining 7 trillion won of buybacks. The move