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Economic Cooperation

Taiwan Customs Continously Expands the Benefits for AEOs by Promoting Cross-border Mutual Recognition and Rationalizing Relevant Regulations

Authorized Economic Operators (AEO) system in Taiwan has been implemented since December 2009 to grant certified supply chain operators with AEO status and related benefits of customs clearance. This year, 2019, marks its 10th anniversary, a milestone for the implementation of this significant system that enhances supply chain security and facilitation.

BERI ranks Taiwan as 4th-best investment destination

Taiwan has been listed as the fourth-best destination for investment by the latest U.S. Business Environment Risk Intelligence (BERI) report, the Ministry of Economic Affairs (MOEA) said Friday.

Taiwan to hold 5 trade fairs across Asia next yearPhotos - New Southbound Policy
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Taiwan to hold 5 trade fairs across Asia next year

Taiwan is planning to hold five trade fairs in South and Southeast Asia next year to promote trade exchanges. That’s the word from Taiwan External Trade Development Council (TAITRA) Chairman James Huang on Thursday. The trade fairs will be held in Mumbai, Ho Chi Minh City, Kuala Lumpur, Bangkok, and the Indonesian city of Bandung.

Foreign investment in Taiwan up nearly 20% in first 11 months

Foreign investment in Taiwan during the first 11 months of the year was up nearly 20 percent year on year, driven mainly by investment from European wind power developers, the Investment Commission (IC) reported Friday.

Taiwan, Vietnam sign new version of investment agreementPhotos - New Southbound Policy
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Taiwan, Vietnam sign new version of investment agreement

Taiwan and Vietnam have signed a new version of a bilateral investment agreement (BIA) in a bid to provide better protection for Taiwanese investors in the Southeast Asian country, according to the Ministry of Economic Affairs (MOEA).

NDC launches Startup Island Taiwan brandingPhotos - New Southbound Policy
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NDC launches Startup Island Taiwan branding

Local startups now have a badge they can wear with pride following the launch of the Startup Island Taiwan branding Dec. 18 in Taipei City by the Cabinet-level National Development Council, spotlighting government efforts to promote the country’s budding entrepreneurs.

TTA and Singularity University Hold the 2019 APAC Global Impact Challenge Final Pitch Event in TaiwanPhotos - New Southbound Policy
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TTA and Singularity University Hold the 2019 APAC Global Impact Challenge Final Pitch Event in Taiwan

In order to promote the interaction between Taiwan startups and overseas talents, Taiwan Tech Arena (TTA), the flagship startup ecosystem building program organized by the Ministry of Science and Technology of Taiwan (MOST), once again cooperates with the Singularity University, which is known as the “smartest university in the world,” to host the “SingularityU APAC Global Impact Challenge 2019”.

Taiwan, US stage Digital Economy ForumPhotos - New Southbound Policy
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Taiwan, US stage Digital Economy Forum

Taiwan and the U.S. staged the third Digital Economy Forum Dec. 10-11 in Taipei City, bringing together academics, business representatives and officials to examine new ways of utilizing information and communication technology in promoting sustainable development and inclusive prosperity.

Strengthening the Asia Pacific Industrial Collaboration Platform -MOEA and CFNI Join Hands to Assist Taiwanese Companies in Expanding Business in New Southbound Policy Target CountriesPhotos - New Southbound Policy
Enlarge Strengthening the Asia Pacific Industrial Collaboration Platform -MOEA and CFNI Join Hands to Assist Taiwanese Companies in Expanding Business in New Southbound Policy Target Countries Photos

Strengthening the Asia Pacific Industrial Collaboration Platform -MOEA and CFNI Join Hands to Assist Taiwanese Companies in Expanding Business in New Southbound Policy Target Countries

The Ministry of Economic Affairs (MOEA) and the Chinese National Federation of Industries (CNFI) on November 28 co-hosted the Third Annual Forum of Asia Pacific Industrial Collaboration Platform, inviting four Taiwanese companies that have already started business operations in New Southbound Policy (NSP) target countries to share their experiences and insights with nearly 400 participants.

Taiwan donates US$550,000 to APEC for regional economic integration

Kuala Lumpur, Dec. 9 (CNA) Taiwan on Monday donated US$550,000 to the Asia-Pacific Economic Cooperation (APEC) to support the forum's initiatives in advancing economic integration and sustainable growth across the region, according to the nation's representative office in Malaysia.