The annual Yushan Forum drew to a close Oct. 12 in Taipei City after two days of discussions among experts and opinion leaders from home and abroad with the goal of formulating a new blueprint to spur Asian development.
During his remarks at the event’s Prospect Asia Roundtable, Vice President Lai Ching-te said advancing regional development through a virtuous cycle has been the priority under President Tsai Ing-wen’s leadership.
The government will continue to chart a human-centered course for Taiwan’s development in cooperation with its neighbors to promote economic growth and foster inclusivity and resilience for all, he added. Lai said that as a force for good, Taiwan has been pleased to share its medical prowess with regional partners through helping train more than 1,300 health care professionals in India and Southeast Asian countries.
According to the vice president, the Indo-Pacific is home to over half of the global population and contributes more than 65 percent of the world’s gross domestic product while driving two-thirds of global economic growth. He added that the region is one of the most important geopolitical areas in the 21st century and as such, its peace and stability have a strong bearing on global prosperity.
The vice president said trade with regional partners has grown 88 percent over the past seven years, while mutual investment jumped 121 percent over the same period. These facts show that the relationship between Taiwan and countries in the Indo-Pacific is indispensable when it comes to promoting mutual stability and prosperity, he added.
No country can face authoritarian expansion and the daunting challenges of post-pandemic recovery, net-zero carbon emissions and digital transformation alone, Lai said, adding that Taiwan looks forward to expanded cooperation with its partners to ensure a democratic, free and just future for all.
Organized by the Ministry of Foreign Affairs and Taiwan-Asia Exchange Foundation, the forum featured keynote speeches and panel discussions over the course of two days. Participants included Nauru President Russ Joseph Kun; Scott Morrison, former prime minister of Australia; and former U.S. Ambassador to the U.N. Kelly Craft. (SFC-E)
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