News in Taiwan

In an exciting development, the "Taiwan-U.S. 21st Century Trade Initiative" has taken a significant step forward with the successful passage of its first phase accord by Taiwan's Legislative Yuan. The momentous event occurred on July 26, 2023, marking a decisive milestone in the effort to forge a closer economic partnership between Taiwan and the United States. The groundbreaking agreement was formally signed on June 1, 2023, at the headquarters of the American Institute in Taiwan (AIT) in Washington, solidifying Taiwan's commitment to enhancing trade relations with the U.S. With this agreement, both nations seek to tap into new opportunities, bolstering their respective economies and industries. The trade initiative, the most comprehensive since the establishment of diplomatic relations in 1979, paves the way for further negotiations on seven key issues, including agriculture, environmental protection, and labor standards. Through these forthcoming talks, the aim is

In response to the rise of the AI era, Taiwan's Deputy Premier announced on July 4th that the Taiwan Artificial Intelligence (AI) Basic Law is set to be proposed in September. The forthcoming legislation aims to address the challenges and opportunities presented by AI technology. As part of the law's development, seven key aspects have been identified to ensure a holistic and regulated approach to AI implementation. The summarizing the seven essential dimensions of the Taiwan AI Basic Law: AI Legal Terminology Definitions  Privacy Protection  Data Governance  AI Risk Management  AI Ethics Principles and Regulations  Industry Promotion  Compliance and Legality of AI Applications The first aspect involves defining legal terms related to AI, ensuring clarity and consistency in the law's application. Privacy protection, the second aspect, is crucial in safeguarding individuals' personal information and preventing misuse. Data governance, the third aspect, focuses on establi