Governor Abbott announces State of Texas Taiwan Office on first full day of three-nation economic mission to Taiwan, South Korea, and Japan

AUSTIN, Texas (KBTX) - Sunday Governor Abbott met with President Lai Ching-te of Taiwan while in Taipei on the first full day of a three-nation economic development mission to Taiwan, South Korea, and Japan.

According to a release from the Governor’s office, Governor Abbott and President Lai explored opportunities for Texas and Taiwan to work together to strengthen trade relations and investment in critical economic drivers like the semiconductor, energy, and electric vehicle manufacturing industries. The governor also highlighted the countless economic opportunities Texas offers companies from across the globe, including a highly skilled workforce, low taxes, and the best business climate in the United States.

“I was honored to meet with President Lai Ching-te today to discuss strengthening the economic and cultural bond between Texas and Taiwan,” said Governor Abbott. “Both Texas and Taiwan have experienced miraculous economic growth in the last few decades, becoming pivotal economies for our regions and driving the future of innovation by providing economic freedom and opportunity for our people. I congratulate President Lai on his recent inauguration and look forward to working together to deepen our partnership as we build a stronger future for both Texas and Taiwan.”

Following the meeting, Governor Abbott joined Taiwan Minister of Economic Affairs Jyh-Huei Kuo for a historic signing of an Economic Development Statement of Intent (EDSI) between Texas and Taiwan. The EDSI was signed in recognition of the strong economic ties between Texas and Taiwan and to encourage more investment, trade, and collaboration in key industries to support the future of innovation.

The signing was followed by the official announcement of the State of Texas Taiwan Office. Operating within the Office of the Governor under the Texas Economic Development & Tourism Office, the State of Texas Taiwan Office will facilitate closer cooperation and foster mutually beneficial economic growth and cultural exchange.

Monday Abbott is in South Korea. Read more on the mission here.

The trip is paid for by the Texas Economic Development Corporation, an independently funded and operated 501 C3 nonprofit.