AmCham Thanks Tsai Administration,
Calls for Implementation of Taiwan Fellowship Act at the 2024 Hsieh Nien Fan

TAIPEI, Taiwan – Under President Tsai’s leadership, Taiwan has outpaced many of the economies it benchmarks itself against. Taiwan and the United States must now accelerate the implementation of initiatives that will drive future engagement and investments.

That was a key message from the American Chamber of Commerce in Taiwan delivered on March 28 at the organization’s 56th annual Hsieh Nien Fan banquet, held at Taipei Marriott Hotel.

“We believe that every sincere effort to strengthen engagement between the U.S. and Taiwan should be actively, urgently embraced,” said AmCham Chairperson Dan Silver. He added that one such effort is the Taiwan Fellowship Act, which “symbolizes a profound commitment to mutual understanding and cooperation” between the United States and Taiwan.

Chairperson Silver encouraged Taiwan to take full advantage of the spotlight shining on it, emphasizing the need for regulatory reform to create a more open, investment-friendly, and agile business environment and solidify Taiwan’s global economic position.

Delivering the evening’s keynote, President Tsai Ing-wen praised Silver’s efforts during his previous tenure as Chairperson in 2016, noting his substantial contributions to improving Taiwan’s regulatory environment. “I am sure that his leadership and action will help make the business environment here in Taiwan even more friendly,” she added. President Tsai further recognized AmCham President Patrick P. Lin’s impressive record in international business, adding that she looks forward to seeing Lin draw on his experience to push U.S.-Taiwan relations even further.

“I look forward to seeing the efforts we have made together in resolving the issue of double taxation between Taiwan and the U.S. producing concrete results,” said Tsai. “For that I remain optimistic and must give a special thanks to AmCham for its consistent advocacy through such channels as the White Paper.”

Sandra Oudkirk, director of the American Institute in Taiwan (AIT), in her remarks highlighted numerous milestones in U.S.-Taiwan collaboration over the past year. She mentioned accomplishments such as the inaugural U.S.-Taiwan Science and Technology Cooperation Dialogue, the signing of the first agreement under the U.S.-Taiwan Initiative on 21st Century Trade, significant delegations from Taiwan to the United States during the APEC summit, and a record 39 visits by members of Congress to Taiwan.

“Looking ahead, we have great plans for 2024,” Oudkirk said, noting that AIT will continue to collaborate with AmCham and partners in Taiwan to bolster Taiwan’s cyber and energy resilience. “We hope that through building these industry partnerships, we will lay the foundation for commercial and research collaboration that will lift both economies and further link our industries, the number of next-generation technologies.”

This year’s Hsieh Nien Fan was attended by nearly 650 members and guests, and around 150 government officials. The banquet’s purpose is to express gratitude to the Taiwan government, local business leaders, and other stakeholders for their constructive engagement with the international business community and collaboration in strengthening the business climate. AmCham looks forward to closer collaboration with like-minded counterparts in helping Taiwan build strength through prosperity.

For more information, please contact:

Celine Fahn
Director of Government and Public Affairs
02-27188226 ext.627
[email protected]

Fernando Chen
Senior Manager of Government and Public Affairs
02-27188226 ext.213
[email protected]