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Seal of the Governor
For Immediate Release: April 24, 2023
Contacts: Office of the Governor: Christian Martinez, Christian.Martinez@governor.virginia.gov

Governor Youngkin’s Meeting with President Tsai of Taiwan Reaffirms Partnership and Encourages Business Opportunity for the Commonwealth

Governor Youngkin’s Executive Order Establishes Trade Office in Taiwan

Governor Glenn Youngkin meets with President of Taiwan Tsai Ing-wen in Taipei, Apr. 24, 2023. Official Photo by the Office of Governor Glenn Youngkin.

TAIPEI, TAIWAN –  Governor Glenn Youngkin met with President of Taiwan Tsai Ing-wen to discuss best practices for strengthening the business relationship between Virginia and Taiwan, including mutual trade and investment initiatives.

Additionally, Governor Youngkin signed an Executive Order establishing Virginia’s first office for economic development in Taipei.

“As a premier partner in the Commonwealth’s economic and business ecosystem, I was thrilled to meet with President Tsai to strengthen Virginia’s decades-old partnership with Taiwan,” said Governor Glenn Youngkin. “As a former business leader, I appreciate the commitment to excellence that Taiwan demonstrates across sectors. They are an important trading partner and model of prosperity for nations across the globe.”

Taiwan is a significant player in cross continental relationships for Virginia. As the fourth fastest-growing source of foreign direct investment in the United States, Taiwanese-owned Virginia companies strengthen the Commonwealth’s collaborative business climate.

Virginia exported $730M in products to Taiwan in 2022 and imported $1B in goods from Taiwan.

Governor Glenn Youngkin, Secretary of Commerce and Trade Caren Merrick and Secretary of Finance Stephen Cummings attend executive order signing in Taipei, Apr. 24, 2023.

Governor Glenn Youngkin meets with President of Taiwan Tsai Ing-wen in Taipei, Apr. 24, 2023. Official Photo by the Office of Governor Glenn Youngkin.

Governor Glenn Youngkin delivers remarks in Taipei, Apr. 24, 2023.

WATCH FULL PRESS CONFERENCE HERE.

Governor Glenn Youngkin visits Taipei, Apr. 24, 2023. Official Photo by the Office of Governor Glenn Youngkin.

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