Taiwan seeks quick progress on long-stalled EU investment deal

Taiwan wants progress on a long-stalled bilateral investment deal with the European Union to be expedited, the island’s President Tsai Ing-wen said on Tuesday.
The EU added Taiwan to its list of trading partners for a possible bilateral investment agreement in 2015, a year before Tsai became Taiwan’s president, but has not held talks with Taiwan on the issue since then.
While they are Taiwan’s biggest source of foreign investment, the European Union and its member states do not have formal diplomatic relations with the democratically-governed island, which regards Taiwan as one of its provinces, due to objections from China.
Meeting a delegation of the European Parliament’s Committee on International Trade, Tsai said Taiwan and the European Union should form a “resilient democratic alliance”.