2023 US Business Day
The Ministry of Economic Affairs, the Taiwan External Trade Development Council (TAITRA), the American Institute in Taiwan (AIT) and the American State Offices Association yesterday jointly held the US Business Day investment forum at the Taipei International Convention Center as both sides gear up for more business opportunities together.
Deputy Minister of Economic Affairs Lin Chuan-neng (林全能) said in opening remarks that the Taiwan Strait issue has been a focus of global security, but foreign businesses still have confidence in Taiwan’s market, as companies such as Applied Materials Inc, ASML Holding NV and Merck Group continue to invest here.
“Taiwan is indeed a trustworthy partner in the global supply chain,” Lin was quoted as saying in a statement released by TAITRA. Taiwan and the US continue to strengthen economic and trade cooperation based on shared values, TAITRA chairman James Huang (黃志芳) said in the statement.
Many US states have established offices in Taiwan over the past three years, amid a closer relationship between Taiwan and the US, Oudkirk said, adding that 18 US companies, including Super Micro Computer Inc, attended the investment forum. Last year, Taiwan was the US’ ninth-largest trading partner, while the US was Taiwan’s second-largest, as well as one of its most important sources of foreign direct investment and technological input, the TAITRA statement said.
This year, more than 200 Taiwanese businesses, including us- Netio Technologies, Lite-On Technolgy Corp (光寶科技), Compal Electronics Inc (仁寶電腦), Aerospace Industrial Development Corp (漢翔航空), Teco Electric and Machinery Co (東元電機) and Sinbon Electronics Co (信邦電子), attended the event to engage in one-on-one business meetings with US companies, it said
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