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Analysts Focus on 'Non-Red' Supply Chain Security, De-Risking
TaiwanPlus News
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1 day ago
The Taiwan Asia Exchange Foundation and foreign ministry held an event on supply chain security where analysts called for more collaboration between Taiwan and other democratic countries to reduce their dependency on authoritarian governments.
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00:00
Supply chain experts are calling for Taiwan to build partnerships with other democracies
00:05
to avoid depending on authoritarian countries for critical minerals.
00:11
But it's non-rate supply chain, more like referring to number one rule base,
00:17
and number two is of course like-minded, that's the second element.
00:22
And number three is de-risking.
00:25
Experts from around the world met in Taipei for the first think-tank summit
00:32
organized by the Taiwan Asia Exchange Foundation and the Foreign Ministry.
00:37
They said that Taiwan would be critical for helping Western countries reduce their reliance on China.
00:43
Beyond semiconductors, they highlighted Taiwan's growing drone and robotics industries
00:48
as areas where the country could make the largest impact.
00:51
The experts also spoke about the shared threats that democracies face from authoritarian countries
00:57
like the sabotage of submarine cables and grey zone tactics.
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