Taiwan Trade Mission to Russia, Finland, Estonia, Sweden and Poland From April 18th – May 2nd, 2015

The participating Taiwanese suppliers will present their latest and most innovative products, which include a variety of ICT products, metal products, machinery, hardware, sporting goods, medical products, beauty products, housewares, etc. The group will also hold in series of trade meetings.

Based on several economic assessment reports released by major international institutions, Taiwan has continued to stand out in global rankings, especially on growth competitiveness, favorable business environment, and innovativeness.     Taiwan was ranked 14th    most competitive economy in the 2014-2015 Global Competitiveness Report by the World Economic Forum (WEF) and 13th in the 2014 World Competitiveness rankings of 60 economies. The Business Environment Risk Intelligence (BERI) ranked Taiwan high at 3rd for best overall investment environment among 50 economies in the world. And in the 2014 Bloomberg’s Global Innovation Index Taiwan was ranked 10th in more than 200 countries and sovereign regions. Taiwan also was named the 5th happiest economy among 51 major countries and territories in a report dated March 4th, 2015 by the New York-based Bloomberg News. 

Taiwan has signed FTAs with five Central American countries and two economic cooperation agreements with New Zealand and Singapore. Through the signing of the ECFA between Taiwan and mainland China, Taiwan has helped facilitate sourcing and trade of foreign enterprises which are interested in entering the China market and further expand their reach into the ASEAN markets. Furthermore, Taiwan has stepped up its FTA pursuit and is continuing negotiations with partner countries. For example, Taiwan continues to work towards the signing of a Taiwan-EU Economic Cooperation Agreement (ECA) and also to research on Taiwan’s a pending participation in the TPP. Indeed, this has attracted more buyers and investors from all over the world to do business with Taiwan.