Agricultural fund worth NT$30 billion announcedBy Esme Yeh / Staff reporterA NT$30 billion (US$938.32 million) agricultural security fund would be set up to ensure agricultural workers’ rights and benefits, the Ministry of Agriculture said yesterday in response to concerns over the Taiwan-US Agreement on Reciprocal Trade (ART). Minister of Agriculture Chen Junne-jih gestures during a speech at an event in Taipei yesterday. For the US to import large quantities of agricultural products, it must first compete with other importing countries, Chen said. Taiwan’s agriculture industry is resilient, he said, adding that the ministry would help farmers and businesses based on its understanding of different agricultural products. President William Lai (賴清德) has announced the allocation of NT$30 billion as an agricultural security fund, which would provide assistance to the industry and drive the upgrading of agriculture, Chen said.

Source: Taipei Times April 03, 2026 17:12 UTC