TAITRA, Eurocham­bres sign co­op­er­a­tion ac­cord

The China Post - - LOCAL -

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.

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