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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.

Overview

  • 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.

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