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Source: Republic Of China Taiwan

President Tsai meets delegation from Denmark’s Export Kredit Fonden

2019-09-25

President Tsai Ing-wen met with a delegation from Denmark’s Export Kredit Fonden (EKF) on the morning of September 25. The president stated that Denmark is a major player in wind energy, and we hope to learn from Denmark’s experience to develop our green energy industry and turn Taiwan into an industry cluster for offshore wind energy technology in Asia.

A translation of the president’s remarks follows:

Welcome to the Office of the President! Denmark’s Export Credit Agency has been engaging with Taiwan’s offshore wind power industry businesses since 2016. Since this beginning, I am sure that you’ve gained a deep understanding of Taiwan’s determination to develop green energy. It is a pleasure to meet you all in person today and hear some of your ideas and suggestions.

I’d also like to take this opportunity to thank EKF for facilitating exchanges between Taiwan and Denmark. This past June, our Foreign Minister Joseph Wu (吳釗燮) attended the Copenhagen Democracy Summit. We appreciate the hospitality shown to Minister Wu by EKF, which reflects our friendly relations as well as the importance Denmark attaches to Taiwan.

Denmark is a major player in wind energy, and we hope to learn from Denmark’s experience to develop our own green energy industry. EKF has provided credit guarantees to banks all over the world since 2006. A guarantee from EKF is equal to a guarantee from the Danish government, which greatly lowers the risk for financial institutions.

This guarantee increases the willingness of local businesses to cooperate and spurs the healthy development of the wind power industry. This kind of government-led business development is something Taiwan can learn from Denmark.

Our goal is to turn Taiwan into an industry cluster for offshore wind energy technology in Asia. Over the past few years, cooperation between Taiwan and Denmark has grown closer with the help of the Trade Council of Denmark in Taipei. EKF is presently assisting with offshore wind energy investments in Changhua and Yunlin.

We look forward to working towards the UN Sustainable Development Goals together with Denmark through cooperation and exchanges in the wind power industry, and building a stronger partnership in the process. EKF is a partner in Taiwan’s wind power development. We hope that EKF will continue to expand its business in Taiwan and that we can continue to pursue development together. Thank you.

The delegation was led by EKF Chairman Christian Frigast, and accompanied to the Presidential Office by Deputy Foreign Minister Kelly Wu-Chiao Hsieh (謝武樵) . Also attending the meeting was National Security Council Secretary-General David T. Lee (李大維).

MIL OSI Asia Pacific News