Taiwan Won’t Be Stopped from Engaging with World, President Says

Taiwan's President Tsai Ing-wen speaks to the medias upon her arrival at the Taoyuan International Airport on April 7, 2023. (AFP)
Taiwan's President Tsai Ing-wen speaks to the medias upon her arrival at the Taoyuan International Airport on April 7, 2023. (AFP)
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Taiwan Won’t Be Stopped from Engaging with World, President Says

Taiwan's President Tsai Ing-wen speaks to the medias upon her arrival at the Taoyuan International Airport on April 7, 2023. (AFP)
Taiwan's President Tsai Ing-wen speaks to the medias upon her arrival at the Taoyuan International Airport on April 7, 2023. (AFP)

Taiwan will not be stopped from engaging with the world and will not give in to pressure, President Tsai Ing-wen said on Friday as she arrived back from a trip to Central America and United States, where she met US House Speaker Kevin McCarthy.

China, which claims democratically governed Taiwan as its own territory, reacted with anger to the McCarthy meeting having demanded it not take place, though so far has held off ratcheting up military tensions to show its displeasure.

Speaking after stepping off her flight, Tsai said her enthusiastic welcome overseas was a powerful message.

"We showed the international community that in the face of pressure and threats Taiwan will be even more united and will absolutely not yield to suppression, nor due to obstructions stop exchanges with the world," she said at Taiwan's main international airport at Taoyuan outside of Taipei.

"Taiwan's determination to protect democracy and freedom has been supported by our democratic partners, and it has also strengthened our friendship with our democratic partners."

China staged war games around Taiwan last August following a visit to Taipei by then-House Speaker Nancy Pelosi.

While Taiwan has reported a Chinese aircraft carrier group far off its eastern coast, it has not reported any other unusual military movements.

Late on Friday, the Maritime Safety Administration of China's Fujian province, which lies opposite Taiwan, announced live fire drills beginning Saturday in two small areas close to the Chinese coast around Fuzhou city and Pingtan island, warning ships not to enter.

Fuzhou and Pingtan are both near the Taiwan-controlled Matsu islands. The announcement made no mention of Tsai's US visit, and China frequently stages exercises along the Fujian coast.

China's Taiwan Affairs Office, in a statement released shortly after Tsai's flight landed, reiterated its opposition to her US trip, technically billed as a "transit" though in reality where her most important meetings took place.

"The so-called 'transit' is just an excuse, but it is actually a provocation, relying on the United States to seek independence," it said.

However, the statement did not announce any specific retaliatory steps.

But underscoring the sensitivity of Tsai's return, Taiwan's Defense Ministry denied, around 30 minutes before touchdown, a Taiwanese media report that her flight had been subjected to "unknown interference", saying this was not true.

It did say, though, that a special military task force was deployed to "control the whole process", using naval and air forces to stand guard.

Tsai traveled on an A350 specially chartered from Taiwan's China Airlines.

Tsai and her government reject China's sovereignty claims, saying only Taiwan's people can decide their future. She has repeatedly offered talks with China but been rebuffed, with Beijing viewing her as a separatist.

China has never renounced the use of force to bring Taiwan under its control.



EUROPE GAS-Prices Rise on Lower Wind Speed, Russian Gas Uncertainty

Model of natural gas pipeline and Gazprom logo, July 18, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
Model of natural gas pipeline and Gazprom logo, July 18, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
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EUROPE GAS-Prices Rise on Lower Wind Speed, Russian Gas Uncertainty

Model of natural gas pipeline and Gazprom logo, July 18, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
Model of natural gas pipeline and Gazprom logo, July 18, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

Dutch and British wholesale gas prices rose slightly early on Monday, as they traded in a narrow range, caught between low wind speed and uncertainty over Russian gas flows to Europe when the Ukraine gas transit deal expires at the year-end.

The benchmark front-month contract at the Dutch TTF hub edged up by 0.84 euro to 44.65 euros per megawatt hour (MWh), or $14.3/mmBtu, by 1016 GMT, while the day ahead contract was up 1.08 euro at 44.38 euros/MWh.

In Britain, the day-ahead contract was 2.25 pence higher at 110.25 p per therm.

"The spot and the curve (prices) are still supported by the prospect of a non-renewal of the Russia-Ukraine gas transit deal," analysts at Engie's EnergyScan said in a daily note, according to Reuters.

The situation with European countries that buy Russian gas is very complicated and requires increased attention, the Kremlin said on Monday, after talks between President Vladimir Putin and Slovak Prime Minister Robert Fico.

Fico said on Sunday that Putin had confirmed Russian willingness to continue to supply gas to Slovakia, even though the Slovak leader said this was "practically impossible" once a gas transit agreement between Russia and Ukraine expires.

Russia's Gazprom said it would send 42.1 million cubic metres of gas to Europe via Ukraine on Monday, a volume in line with recent days.

Meanwhile, wind generation will drop sharply today in France and Germany and the confidence for high wind output is reduced, supporting gas for power demand, EnergyScan analysts said.

In Britain, peak wind generation is forecast at 19.1 gigawatts (GW) on Monday, falling to 15.6 GW on Tuesday, Elexon data shows.

In the European carbon market, the benchmark contract was up 0.22 euro at 67.91 euros a metric ton.