TAITRA, Eurochambres sign cooperation accord
The Taiwan External Trade Development Council (TAITRA), Taiwan’s main trade promotion body, has signed an agreement with the Eurochambres group to strengthen export cooperation among small and medium-sized enterprises.
The memorandum of understanding (MOU) was inked Monday in Brussels by TAITRA Chairman Liang Kuo-hsin and Eurochambres Secretary-General Arnaldo Abruzzini and is expected to promote Taiwan’s exports to Europe and improve bilateral economic and trade development.
The MOU will enable Taiwanese businesses to reach potential European customers through Eurochambres’ network of 1,700 regional and local chambers across Europe.
TAITRA also hopes to take advantage of the partnership by securing more procurement orders from European governments by capitalizing on the smart manufacturing and smart city initiatives being promoted by the European Union, Liang said in a statement.
Established in 1958 in response to the creation of the European Economic Community, Eurochambres represents over 20 million businesses in Europe and counts 43 national chambers of commerce across Europe as its members.
More than 93 percent of Eurochambres’ member businesses are small- and medium-sized enterprises.