Taiwan eyes 30% hike in bilateral trade with PH

MANILA — Taiwan is optimistic its bilateral trade with the Philippines will increase by 30 percent in the next two years, as the two countries intensify export promotion activities.

“After the Taiwan Expo and we also have many trade facilitation events to be held mostly in Taipei and in Manila, we hope in the next two years, the trade volume between our two countries can be increased by 30 percent,” James Huang, Chairman of Taiwan External Trade Development Council (TAITRA), said in an interview Friday.

Huang said TAITRA is also hosting business facilitation programs and trade shows to promote bilateral trade between the Philippines and Taiwan.

“So we invite all Filipino companies to come over to Taiwan to present their products and talk to their counterparts in Taiwan so we are doing everything we can to facilitate trade, cooperation,” Huang said.

“We welcome any opportunity of cooperation,” he added.

Huang identified Philippine top export products with huge potential in the Taiwanese market, including handicrafts, food and food processing.

He said Taiwanese products enjoying advantages in the local market are those in green technology, medical solution, aquaculture technology and agriculture technology.

The three-day Taiwan Expo 2017, which is being held at the SMX Convention Center in Pasay City, will end on Sunday. | PNA

Popular

PH now has single hotline for emergencies through Unified 911

By Brian Campued “Unified 911, anong maitutulong namin sa’yo?” People in crisis nationwide can now access a single hotline for every emergency as the Unified 911...

PBBM reaffirms commitment to PH-U.S. alliance amid emerging challenges in Indo-Pacific region

By Dean Aubrey Caratiquet Not long after he arrived in the Philippines from a 3-day state visit to Cambodia on Tuesday, President Ferdinand R. Marcos...

No politicians in ‘truly independent’ flood works probe body —PBBM

By Brian Campued The independent commission being established to probe alleged anomalies in flood control projects will be entirely free from the influence of any...

PBBM wants expanded PH-Cambodia cooperation for mutual economic dev’t

By Brian Campued “With continued collaboration, I am confident that our economic ties will expand further.” President Ferdinand R. Marcos Jr. on Monday conveyed the Philippines’...