Taiwan Double Tenth Day
Taiwan Double Tenth Day
  • Staff reporter Shin Whan-chul
  • 승인 2019.10.08 17:13
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-Korea remains as one of Taiwan’s 5 largest economic partners while Taiwan is one of Korea’s 6 largest trade partners, showing a very close supplementary economic structure

Taiwan Mission in Korea marked its 108th Double Tenth Day (National Day) with its diplomatic reception held at a downtown hotel Seoul on Oct. 7th evening while Honduras Amb. Virgilio Paredes Trapero, Paraguay Amb. Irineo Raul Silvero Silvagni, Nicargua Amb. Wendy Carolina Beckford were on hand from Diplomatic Corps.

As Taiwan Amb. Tang Diann Wen addressed on the podium to commemorate its 108th Double Tenth Day celebration with Taiwan community in Korea, both visitors from the two countries surpass 2.1 million peoples currently. From the perspective of trade, Korea remains as one of Taiwan’s 5 largest economic partners while Taiwan is one of Korea’s 6 largest trade partners, showing a very close supplementary economic structure between the two nations, according to economic observers.

In his speech for Taiwan community including some Diplomatic Corps. envoys, Wen stressed particularly Taiwan’s role & responsibility for the region’s peace & prosperity, referring to its government’s ‘New Southbound Policy which wants to contribute to international society for regional peace prosperity with Asia-Pacific region countries among others.

Taiwan Amb. Tang Diann Wen couple
Taiwan Amb. Tang Diann Wen couple (fourth & fifth from left) joining with VIPs to mark Taiwan 108th Double Tenth Day. From left, Honduras Amb. Trapero, Rep. Cho Kyung-tae who serves as president of Korea-Taiwan Parliamentary FriendShip Group, Rep. You Seung-hee, Taiwan envoy couple, Nicargua Amb. Wendy and Paraguay Amb. Silvagni.

In terms of several indexes, Taiwan ranked the 16th position in Switzerland IMD world competitiveness nations assessment. Alsop the World Economic Forum has ranked Taiwan's overall economic stability No. 1 in the world, and our innovation capabilities No. 1 in Asia, according to President Tsai’s press conference regarding its government achievements of the past three years and key areas for continued progress held on the first half of this year.

In conjunction with such competitiveness, it is noteworthy that Taiwan President said over the past three years, we have done many things to redefine Taiwan, touching upon: “I want everyone to remember these 10 key concepts: increase pay, cut taxes; expand investments; upgrade industry; a nuclear-free homeland; green energy; pension reform; long-term care and childcare; social housing; national defense self-sufficiency; and defend sovereignty.”

We are continuously helping Taiwan adjust its economic makeup, and have finally ushered in an era of explosive investment. Foreign firms have upped their investments. Taiwanese firms are eager to return. And investments from the special budget for our Forward-looking Infrastructure Development Program are driving growth in domestic demand. And the domestic demand created by urban renewal, long-term care, green energy, and defense industries will be the basis of our future economy and provide job opportunities for young people, said the President Tsai.

Staff reporter Shin Whan-chul  bodo@ndnnews.co.kr

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