In a news story published on 2 October 2026, the UK government reported that the UK and Taiwan had held their 28th annual Trade Talks in London, co-chaired by Minister for Trade Lord Sarwar and Deputy Minister of Economic Affairs Cynthia Kiang. According to the report, discussions covered opportunities to strengthen trade and investment ties, cooperation on digital trade and clean energy, and collaboration in advanced manufacturing and resilient supply chains. Ministers also met representatives of UK and Taiwanese businesses.

The report said the two sides have held annual Trade Talks since 1991. It described Taiwan as the UK's sixth-largest trading partner in the Asia-Pacific region in 2025, with total bilateral trade reaching £8.9 billion that year.

Alongside the talks, British Representative in Taipei Ruth Bradley-Jones and Taipei Representative in London Vincent Yao signed a Memorandum of Understanding between UK Export Finance and Taiwan EximBank on export credit cooperation, the report said. They also signed the UK-Taiwan Science, Innovation and Technology Arrangement, a non-legally binding framework between the UK Department of Business, Innovation, Science and Trade and Taiwan's National Science and Technology Council. The report said it focuses on joint research and development in areas including semiconductors, space, telecommunications, net zero and AI standards. Dr Dave Smith, the UK's National Technology Adviser, described the arrangement as giving the partnership a lasting framework.