Russia's invasion of Ukraine earlier this year has highlighted the threat that authoritarian nations pose to the global order. More recently, China has been conducting prolonged military exercises in the waters surrounding Taiwan, gravely affecting regional peace and stability. We are engaging in close cooperation with international allies to closely monitor the military situation. At the same time, we continue to let the world know that we are doing our utmost to resolutely ensure stability and maintain the status quo in the Taiwan Strait.
Taiwan and the US share a longstanding and steadfast partnership as well as the same core values of freedom and democracy. We hope to continue strengthening cooperation with the US so as to jointly uphold prosperity and stability throughout the Indo-Pacific region. In the face of expanding global authoritarianism, Taiwan also hopes to bolster economic cooperation with international friends who share our democratic values in order to develop more secure supply chains.