Consultant Wang Attends the Inauguration of The Republic of China-South Korea Inter-Parliamentary Amity Association
On March 29, 2024, on behalf of President Daniel K.Y. Han, Consultant Wang Chuan-chong of the Legislative Yuan attended at 09:00 a.m. the inauguration of The Republic of China-South Korea Inter-Parliamentary Amity Association, convened by Legislator Lin Te-fu. Also in attendance were KMT Caucus Convener Fu Kun-chi; Legislators Weng Hsiao-ling, Lu Yu-ling, and Lin Pei-hsiang; Deputy Foreign Minister Tien Chung-kwang; Representative Lee Eun-ho of Korean Mission in Taipei; Vice Chairperson Leu Yuan-rong of the Overseas Community Affairs Council (OCAC).
The inauguration commenced with a remark by Convener Lin Te-fu, who identified each and every one of the attending guests. After group photos were taken, addresses were also made by Korea Representative Lee and Consultant Wang. Consultant Wang stated that the Republic of China and South Korea boast geographical proximity and share similar histories and development processes. The two nations both underwent political democratization in the 1990s and have enjoyed universal values including democracy, freedom, and the rule of law. In addition, the two have always been partners of great importance to each other with close ties. As regional security issues receive more attention from countries around the world, Taiwan and South Korea, both as democratic countries in the Indo-Pacific region, hold a firm commitment to regional security. President Yoon Suk Yeol of South Korea has stressed at multiple public occasions that peace and stability in the Taiwan Strait are key to regional stability and prosperity.
Consultant Wang continued to point out that Taiwan is South Korea’s sixth largest trading partner, and South Korea the fourth largest to us. In recent years, there have been an increase of dynamic exchanges in economic initiatives, tourism endeavors, cultural exchanges, education programs, and sports events. The number of visitors to each other has also grown rapidly, with over 640,000 Korean tourists visiting Taiwan in 2023. The Agreement for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income (the Taiwan-Korea ADTA) came into force from January 1, 2024. This marked the 35th income tax agreement that Taiwan signed with its international partners, and the second with countries in Northeast Asia, following the one with Japan. These achievements show that when it comes to bilateral personnel exchanges and commercial partnerships, the two nations are heading towards ties that are deepened, dynamic, and mutually beneficial.
Consultant Wang also extended his gratitude to Convener Lin for his long-term efforts and support to the parliamentary exchanges between Taiwan and South Korea, which, in turn, gave birth to the Association. It is believed that with the support of cross-party members, the Association could serve as a platform for exchanges between the two nations, so that areas of collaborations can be expanded and partnerships strengthened based on good will and the vision of seeking mutual benefit. Should there be any administrative support required, the Legislative Yuan will spare no effort to assist.
Later on, remarks were given by Deputy Foreign Minister Tien and Vice Chairperson Leu of OCAC. The event concluded after 30 minutes with group photos taken once again at the warm invitation of the attending guests, followed by the passing of the organizational charter of the Association and the election of its president and vice presidents.
The inauguration commenced with a remark by Convener Lin Te-fu, who identified each and every one of the attending guests. After group photos were taken, addresses were also made by Korea Representative Lee and Consultant Wang. Consultant Wang stated that the Republic of China and South Korea boast geographical proximity and share similar histories and development processes. The two nations both underwent political democratization in the 1990s and have enjoyed universal values including democracy, freedom, and the rule of law. In addition, the two have always been partners of great importance to each other with close ties. As regional security issues receive more attention from countries around the world, Taiwan and South Korea, both as democratic countries in the Indo-Pacific region, hold a firm commitment to regional security. President Yoon Suk Yeol of South Korea has stressed at multiple public occasions that peace and stability in the Taiwan Strait are key to regional stability and prosperity.
Consultant Wang continued to point out that Taiwan is South Korea’s sixth largest trading partner, and South Korea the fourth largest to us. In recent years, there have been an increase of dynamic exchanges in economic initiatives, tourism endeavors, cultural exchanges, education programs, and sports events. The number of visitors to each other has also grown rapidly, with over 640,000 Korean tourists visiting Taiwan in 2023. The Agreement for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income (the Taiwan-Korea ADTA) came into force from January 1, 2024. This marked the 35th income tax agreement that Taiwan signed with its international partners, and the second with countries in Northeast Asia, following the one with Japan. These achievements show that when it comes to bilateral personnel exchanges and commercial partnerships, the two nations are heading towards ties that are deepened, dynamic, and mutually beneficial.
Consultant Wang also extended his gratitude to Convener Lin for his long-term efforts and support to the parliamentary exchanges between Taiwan and South Korea, which, in turn, gave birth to the Association. It is believed that with the support of cross-party members, the Association could serve as a platform for exchanges between the two nations, so that areas of collaborations can be expanded and partnerships strengthened based on good will and the vision of seeking mutual benefit. Should there be any administrative support required, the Legislative Yuan will spare no effort to assist.
Later on, remarks were given by Deputy Foreign Minister Tien and Vice Chairperson Leu of OCAC. The event concluded after 30 minutes with group photos taken once again at the warm invitation of the attending guests, followed by the passing of the organizational charter of the Association and the election of its president and vice presidents.