Dr. Laurie Locascio, Under Secretary of the Ministry of Commerce, today met with Wang Meihua, Minister of Economic Affairs of Taiwan. Both sides focused on Taiwan-US technology trade andinvestCooperation Framework (TTIC) andinformation securityTwo major topics including standard setting were discussed. Taiwan’s Ministry of Economic Affairs said it hopes to strengthen cooperation in the information and communications industry by increasing the exchange of views with the United States on information security standards and other issues.
Rocasio, Chairman of the National Institute of Standards and Technology (NIST) and Undersecretary of the Ministry of Commerce, recently led a delegation to visit Taiwan. In addition to meeting with Taiwan President Tsai Ing-wen, she also visited the National Science Council’s digital department and communicated with other departments on topics such as semiconductors and information security.
An official at Taiwan’s Ministry of Economic Affairs said Rocasio met with Economy Minister Wang Meihua today. The two sides exchanged views on the area of information security, which covered two major topics. First, the two sides strengthened information communication through the Taiwan-US Technology, Trade and Investment Cooperation Framework (TTIC). Cooperation in industrial sectors. Officials said the TTIC architecture includes semiconductors,5gTaiwan and the United States will deepen industrial cooperation under the TTIC structure.
In addition, the United States is formulating new information security standards. Ministry of Economic Affairs officials pointed out that Taiwan is a hardware supplier to many information and communications industries in the United States. With the development of communication technology, 5G, B5G (beyond 5G) and other fields will be widely used in the future. If the United States can exchange more information on information security standards and help Taiwanese industry products meet the requirements of information security standards, it can create a mutually beneficial win-win bilateral Economic and business conditions.
Rocasio participated in the 2023 US Business Opportunities Day this morning, and in his speech said that he led 13 information security representatives to Taiwan this time. There are also many innovative business leaders in the United States who are looking for partners in the field of information security; Rocascio also pointed out that the latest U.S. Version 2.0 of the Internet Security Framework is in the development phase and is expected to launch in 2024. We hope we can also communicate and discuss with Taiwan, so that Taiwan and the United States can work to promote Internet security and jointly protect consumer privacy.