Taiwan has repeatedly called for progress on a Bilateral Investment Agreement (BIA) with the EU.
The EU included Taiwan on its list of trade partners for a potential bilateral investment agreement in 2015, but has not held talks with Taiwan on the issue since.
"In that regard of course we have long been promoting a bilateral investment agreement between the EU and Taiwan.
However, we know that's a long shot," said Chen, who visited the European Commission in June.
Taiwan Semiconductor Manufacturing Corp (2330.TW), the world's largest contract chipmaker, announced last month a 3.5 billion euro ($3.75 billion) investment in Germany for the company's first factory in Europe.
Persons:
Chen Chern, chyi, Chen, Filip Grzegorzewski, Tsai Ing, Ben Blanchard, Gerry Doyle
Organizations:
European Union, EU, European, European Commission, Taiwan Semiconductor Manufacturing Corp, chipmaker, BIA, Trade Organisation, Thomson
Locations:
TAIPEI, Taiwan, Europe, Asia, EU, Germany