Lai vows further cooperation with USPEACE THROUGH STRENGTH: While Taiwan believes that peace is invaluable and that there are no winners in war, peace can only be secured through strength, Lai saidBy Jake Chung / Staff writer, with CNATaiwan would continue to deepen cooperation with the US and help safeguard global supply chain security, President William Lai (賴清德) said yesterday during a meeting with a delegation from the Global Taiwan Institute. President William Lai, center, poses for a photograph with members of the Global Taiwan Institute at the Presidential Office in Taipei yesterday. Photo courtesy of the Presidential OfficeThe Pax Silica initiative, led by the US Department of State, focuses on artificial intelligence and supply chain security, and seeks to build an economic security framework with allies and trusted partners. Taiwan is a vibrant democracy that values freedom and recognizes that peace rests on unity, resilience and strength, the president said. Taiwan’s defense spending has exceeded 3 percent of GDP and is projected to reach 5 percent by 2030, Lai said.