According to the news, Keith Krach, the Under Secretary of State for Economic Growth, Energy, and the Environment in the US would visit Taiwan in the near future, mainly to start the progress of the Bilateral Trade Agreement (BTA) negotiation.

It would be the highest-level American official to visit Taiwan for BTA progress, and the market expected the timeline would be earlier than the end of this year.

The market was optimistic to the result of the deepening economic relationship between Taiwan and the US, and Keith Krach would be the second high-level American official to visit Taiwan in 2020.