Future cooperation between the United States and Taiwan will focus on strengthening trade and protecting supply chains. Krach: Taiwan plays a key role in the development of global “trusted technology”

Source: The Storm Media

Former U.S. Under Secretary of State Krach pointed out at the CommonWealth Economic Forum today that future cooperation between the United States and Taiwan will focus on strengthening trade relations, revitalizing U.S. manufacturing, and protecting supply chains. He emphasized that Taiwan plays a key role in the development of trusted technology worldwide and aims to promote Taiwan as a leader in trusted technology through a number of international cooperation programs.

Keith Krach served as Under Secretary of State during Trump’s first presidential term, focusing on the development of economic growth, energy and the environment. During his tenure, he brokered TSMC’s investment in the United States and implemented an important plan for the U.S.-China technological decoupling, the Clean Network. Krach is also the Chairman of the US-Taiwan Business Council, Co-Founder and Chairman of the Krach Institute for Tech Diplomacy at Purdue University, former Chairman and CEO of DocuSign and Co-Founder of Ariba, the world’s largest B2B e-commerce platform.

Krach pointed out that the relationship between the United States and Taiwan is not only based on the common values of freedom and prosperity, but also reflected in economic cooperation. Taiwan’s investment in the United States has created 370,000 domestic jobs. TSMC’s investment plan in the United States has significantly improved Taiwan’s international status, and strengthened security. It is a model of trusted trade. Every Taiwanese company’s international expansion further expands Taiwan’s international presence, and strengthens its national interests.

The free world and authoritarian regimes are vying for technological dominance

In his speech, Krach said that technology is reshaping people’s lives at unprecedented speed, and it is also a battlefield where the free world and authoritarian regimes collide. Emerging technologies, such as artificial intelligence (AI), semiconductors, 6G communications, quantum, and hypersonics are defining the future. The key question is whether the world will get better as a result or worse.

Krach pointed out that dictators understand the stakes very well. Russian President Vladimir Putin said, “Whoever becomes the leader in this sphere will become the ruler of the world.” Putin’s ally Xi Jinping calls “big data” the “new oil” and a source of tremendous power and opportunity. These remarks highlight that whoever masters advanced technology will determine the future.

Krach emphasized that “those of us who live in the free world cannot remain neutral in this competition. Authoritarian states and free societies compete to develop new technologies to achieve economic, military, and strategic dominance. That’s why the technology of the future must be based on trust, because trust is the basis of everything we hold dear.”

Launching four initiatives to strengthen Taiwan’s global position in trusted technology

Krach bluntly stated that Taiwan will play a key role in the field of “Trusted Technology” in the future. Taiwan’s trusted technology is an undeniable asset with economic value. He pointed out that the Krach Institute for Tech Diplomacy at Purdue University, which he leads, has launched four programs in cooperation with Taiwan to strengthen Taiwan’s global position in the field of trusted technology.

The first initiative is the Taiwan Center for Innovation and Prosperity. The second is the Tech Diplomacy Academy, which is an online training platform designed for government officials, businesses, and technology leaders. It aims to protect freedom in the technological era. National Yang Ming Chiao Tung University (NYCU) and National Chengchi University (NCCU) are cooperating partners.

The third initiative is the Global Trusted Tech Standard (xGTT), which is led by Audrey Tang (former digital minister) and certifies key technologies and organizations, such as semiconductors, AI, and 6G through a Board of Governors composed of global experts. The fourth initiative is the Global Trusted Tech Network, which is an upgraded version of the Clean Network. It aims to combine the power of countries, companies, and civil society to jointly adopt trusted technologies and expand impact.

In addition, during the question and answer session, Krach said Taiwan must bear the overwhelming responsibility for its own freedom and security and invest sufficient resources to strengthen its defense capabilities.