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》Economic Cooperation

Tobacco or Alcohol Business Is Welcome to Use the TAIWAN PAY (Credit Card) Payment New Option to Realize Fees Payments

The National Treasury Administration of the Ministry of Finance announces that for tobacco and alcohol producers and importers to realize fees payments such as the examination fee, the certificate issuance fee, and the annual permission fee more conveniently, it has introduced the Taiwan Pay (Credit Card) mobile payment option, beginning September 25, 2020, in addition to other currently-used options such as cash payments at bank, post office, or convenience store counters, automatic teller mach

No customs declaration or import approval required for 250 masks or less on inbound passengers Photos - New Southbound Policy

No customs declaration or import approval required for 250 masks or less on inbound passengers

In response to the new border control measures for masks, inbound passengers carrying 250 masks or less (medical and non-medical) are exempted from import approval and customs declaration through the Green Lane.

Taiwan-India Webinar:Machine Tools and Automation: Emerging Opportunities Photos - New Southbound Policy

Taiwan-India Webinar:Machine Tools and Automation: Emerging Opportunities

In order to help Taiwanese industries grasp business opportunities in the Indian capital market, the Bureau of Foreign Trade, TAITRA, the India Taipei Association, and Invest India co-organized a webinar on Taiwan-India Machine Tools and Automation on September 14th, 2020.

The New Southbound Policy Is on the Right Track, and the MOEA Continues to Push Forward Photos - New Southbound Policy

The New Southbound Policy Is on the Right Track, and the MOEA Continues to Push Forward

As the Covid-19 pandemic continues to impact global demand, the overall imports of major economies under the New Southbound Policy, such as Singapore, Thailand and Australia, have declined.

Taipei Customs Provides 24/7 Clearance Service during Moon Festival Holiday and National Day

To facilitate customs clearance service during Moon Festival Holiday (from Oct. 1 to Oct. 4) and National Day (from Oct. 9 to Oct. 11), Clearance Units of Taipei Customs provide 24/7 services for stakeholders.

Export orders up for 6th straight month in August

Export orders rose on a year-on-year basis for the sixth consecutive month in August on the back of solid global demand for electronic devices, which offset the impact of COVID-19 on old economy industries, the Ministry of Economic Affairs (MOEA) reported on Monday.

Approved FDI in 2020 tops US$5 billion on wind power investment

With several companies from overseas keen to pour money into Taiwan's offshore wind power industry, foreign direct investment (FDI) approved by the government surpassed US$5 billion in the first eight months of this year, the Investment Commission said Monday.

Travelers allowed to bring in 250 face masks

Travelers who bring in no more than 250 medical or non-medical grade face masks when they arrive in Taiwan will not have to declare them to customs or provide an import permit, Economics Minister Wang Mei-hua (王美花) said Wednesday.

Taiwan’s foreign trade up 8.4 percent in August Photos - New Southbound Policy

Taiwan’s foreign trade up 8.4 percent in August

Taiwan’s exports rose 8.3 percent year on year to an all-time high of US$31.17 billion in August, while imports grew 8.5 percent to US$24.71 billion, according to the Ministry of Finance Sept. 7.

Taiwan, EU, Japan and US stage supply chain restructuring forum Photos - New Southbound Policy

Taiwan, EU, Japan and US stage supply chain restructuring forum

A supply chain restructuring forum jointly staged by Taiwan, the EU, Japan and the U.S. was held Sept. 4 in Taipei City, underscoring the like-minded partners’ commitment to securing key industries in the post-pandemic world, according to the Ministry of Foreign Affairs.

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