The NAP is a first step for Taiwan as it promotes awareness of business and human rights. It’s a signal showing that the government wants to join the discourse.
Over-reliance on its semiconductors poses risks to Taiwan. These risks should be addressed through regulations, private partnerships, and more R&D.
Taiwan has all the elements to capture new markets in the space industry, with potential reach into the international market. Its semiconductor industry already has a crucial competitive advantage.
Cooperation between the US and Taiwan on supply chain is essential to unraveling the China’s influence and furthering innovation in Taiwan.
The TIFA talks, first in five years, will help trade officials work out their issues, and also find new areas for US-Taiwan cooperation.
Taiwan is a supplier to the New Space industry and well positioned to take advantage of growth, especially in areas where China cannot.