Starting negotiations on a bilateral investment agreement with Taiwan
25.3.2021
Priority question for written answer P-001691/2021
to the Commission
Rule 138
Svenja Hahn (Renew)
In the few past years, the EU has been a major source of foreign direct investment (FDI) in Taiwan, while Taiwanese investments in the EU represent only some 2 % of Taiwan’s global FDI stocks. Despite repeated calls from Parliament to upgrade the political and trade relations between the EU and Taiwan, as well as calls on the Commission to start the scoping exercise and impact assessment in order to formally commence the negotiations on a bilateral investment agreement (BIA) with Taiwan as soon as possible, there have been no formal developments. The Commission has previously linked the commencement of negotiations with Taiwan to first reaching an agreement with China.
- 1.Since the EU‑China Comprehensive Agreement on Investment was agreed on political level at the end of 2020, what has the Commission done to start the scoping exercise and impact assessment regarding the BIA with Taiwan?
- 2.Will the Commission seek a negotiating mandate from the Council to start official negotiations on a BIA with Taiwan?
- 3.Is there a timeline for the BIA with Taiwan?