TAIPEI, TAIWAN (WINA) – Governor Youngkin on the first trade mission of his term landed in Taiwan and met with President Tsai Ing-wen “about best practices for strengthening the business relationship between Virginia and Taiwan”. In doing so, the Governor has signed an Executive Order establishing Virginia’s first office for economic development in Taipei.

The Governor’s Office says as the fourth fastest-growing source of foreign direct investment in the United States, Taiwanese-owned Virginia companies strengthen the Commonwealth’s collaborative business climate. Virginia exported $730M in products to Taiwan in 2022 and imported $1B in goods from Taiwan.