Question / Taiwan: Investment

Question for Department for Business and Trade
UIN 12070, tabled on 30 January 2024

Question
Navendu Mishra
Labour

To ask the Secretary of State for Business and Trade, with reference to her Department’s policy paper entitled UK and Taiwan Enhanced Trade Partnership arrangement, published on 14 November 2023, whether she plans to negotiate a bilateral investment treaty with Taiwan.

Answer
Greg Hands
Conservative

Answered on
7 February 2024

The UK’s longstanding policy on Taiwan has not changed: the UK has no diplomatic relations with Taiwan but a strong, unofficial relationship based on dynamic commercial, educational and cultural ties.

The Department for Business and Trade is currently working on an Enhanced Trade Partnership with Taiwan; currently there are no plans to negotiate a bilateral investment treaty with Taiwan.