Dominican Republic Regrets Cutting Ties After 6 Years? Encourages Taiwan to Invest in Semiconductor Industry

Reported 8 months ago

After severing diplomatic relations for 6 years, the President of the Dominican Republic announced plans to develop the semiconductor industry and invited Taiwan to invest. The Dominican government issued a decree outlining semiconductor policies, emphasizing the importance of technological innovation in areas such as smart cars, AI, IoT, and automation. Taiwan had previously supported local tech industries in the Dominican Republic, but cooperation ceased after the diplomatic shift to China in 2018. The Dominican Republic now seeks investments in semiconductors, recognizing the missed opportunity for collaboration with Taiwan, a strong player in the industry.

Source: YAHOO

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