Web viewEnhancing MICE Industry 42Improving Trade Environment Realizing Trade Liberalization Promoting Trade Facilitation Establishing a Global Trade Information Network Developing

THE DEVELOPMENT OF INTERNATIONAL TRADE IN THE REPUBLIC OF CHINA (TAIWAN)

Contents

04 Preface

08 Foreign Trade Retrospect

Foreign Trade Developments

I. Overall Performance

II. Major Exports

III. Major Imports

IV. Major Trading Partners

14 Driving Force for Trade and Economic Development

Missions of the Bureau of Foreign Trade, MOEA

Organization Chart of the Bureau of Foreign Trade, MOEA

18 Upgrading Trade Relations

Participating in the International Economic and Trade Organizations and

Activities

I. World Trade Organization (WTO)

II. Asia-Pacific Economic Cooperation (APEC)

III. Organization for Economic Cooperation and Development (OECD)

Strengthening Bilateral Trade and Economic Relations

Promoting the Signing of Economic Cooperation Agreements

Facilitating Cross-strait Interactions and Gradually Progressing Toward

Normal Economic and Trade Relations

34 Strengthening Trade Promotion

Strengthening Trade Promotion works

Joining Forces with the Private Sector to Explore New Markets

Promotion of Multiple Special Projects

Enhancing MICE Industry

42 Improving Trade Environment

Realizing Trade Liberalization

Promoting Trade Facilitation

Establishing a Global Trade Information Network

Developing Human Resources

46 Boosting Economic Prosperity

50 Appendix

1: Ministry of Economic Affairs Overseas Offices

2: Bureau of Foreign Trade Contact Numbers

Preface

Taiwan is an export-oriented island economy where foreign trade plays a vital

and important role in its economic development. Export alone has accounted for

about 70% of GDP in recent years.

Since 2010, the European debt crisis has continued to cast shadow, causing

unstable economic growth of Europe and the US, weakening the momentum of

investment and exportation of Mainland China, and slowing down the growth of

the emerging economies. Taiwan's economic performance was impacted, leading

its export to drop 2.3% in 2012 but grew 1.4% in 2013.

In 2014, led by the US economic recovery, the global economy has rebounded and

both domestic and international demands have increased. Bureau of Foreign

Trade (BOFT) responding in a timely fashion has provided assistance to

companies to expand export. Efforts are made to pool together Ministry of

Economic Affairs' overseas offices, Taiwan External Trade Development Council

(TAITRA), and related import and export associations to enhance overseas

service network, and to apply integrated marketing to build and upgrade

Taiwan’s industrial images and international brand names. In addition, many

trade promotional projects are being implemented to support companies to

expand export and industrial diversification, so to maintain the steady growth of

our foreign trade. The results of these measures have gradually been seen in the

increased export volume of US$261.53 billion, from January to October in 2014,

or a 3.2% increase over the same period last year.

Under the arrangements made by the Straits Exchange Foundation (SEF) and the

Association for Relations Across the Taiwan Straits (ARATS), Taiwan and

Mainland China signed the "Cross-Straits Economic Cooperation Framework

Agreement" (ECFA) in 2010, and "Cross-Straits Agreement on Trade in Services"

in 2013. Taiwan will continue its efforts of the conclusion of the ECFA follow-up

negotiations on trade in goods and on dispute settlement. This will not only

deepen the stable economic and trade development across the Taiwan Strait but

also help Taiwan in its pursue of signing ECAs with other major trading partners.

In addition, it will support companies in its competition in the global market and

certainly contributes to the regional stability of Asia Pacific and the regional

economic integrations. As for Taiwan-US economic and trade relations, soon after

the beef issue was resolved, Taiwan and the US resumed Trade and Investment

Framework Agreement (TIFA) talks in March 2013 – signaling the most amicable

bilateral relation in 30 years. Meanwhile, we are making continuous efforts to

seek an investment and economic cooperation agreement (BIA/ECA) with the

EU, Taiwan's 4th largest trading partner and the largest source of foreign

investment, to further lift the bilateral trade and investment relations.

Additionally, a bilateral investment agreement was signed between Taiwan and

Japan in 2011, an ECA with New Zealand (ANZTEC) on July 10, 2013, and another

one with Singapore (ASTEP) on November 7, 2013. These agreements will create

favorable conditions for Taiwan’s future negotiations on TPP and RCEP in a

beneficial way. In regard to the participation in the multilateral trade system,

Taiwan has just successfully concluded its 3rd WTO Trade Policy Review Meeting

in Geneva in September 2014.

Looking ahead, the major tasks which BOFT will push forward include: 1)

actively promoting the ECFA follow-up negotiations on trade in goods agreement

and on dispute settlement agreement; 2) pushing forward the implementation of

the ECFA Agreement on Trade in Services after its ratification to realize its

concrete results; 3) aggressively creating favorable conditions for Taiwan to

negotiate ECA with EU, to join regional economic integrations such as TPP, RCEP

and ECAs with other important trading partners; 4) participating in WTO, APEC,

and OECD activities; 5) strengthening all bilateral economic relations; and 6)

assisting our companies by eliminating trade barriers and promoting all

overseas-market expansion measures so as to continue enhancing our foreign

trade vitality, and subsequently create another economic prosperity.

In view of the rapidly changing international trade environment, BOFT has

compiled this handbook for the public to keep abreast of Taiwan’s trade policies

and latest economic development, and is also made available on line at

http://www.trade.gov.tw. We would also like to hear from you for any comments

or suggestions.

Enjoy reading.

YANG JEN-NI

Director General, Bureau of Foreign Trade

Ministry of Economic Affairs

November 2014

1 Foreign Trade Retrospect

Following the world financial crisis in 2008 and the subsequent great decline of

global trade in 2009, the global trade in 2010-11 had shown high growth of over

20% in both import and export. However, after 2012, the trade dynamics has

clearly weakened with a slight increase of only 0.9% and 0.6% of import and

export respectively. In 2013 with result of income increase due to prices drop

and a lower basis of trade volume in the last year, trade volume of both export

and import has increased only slightly at 2.3% and 1.7% respectively. According

to statistics released by Global Insight (GI) on October 15, 2014, export and

import of the US, EU, and emerging economies have maintained growth in 2013.

Among them, the US, France and Germany were the sources of trade increase in

the developed countries while Mainland China, India and others emerging

economies were another supporting force. (See Table 1)

Looking ahead in 2014, global forecast of economic situation will gradually

improve but risks loom. Changes of external and internal environment will bring

new challenges to the emerging economies and developing countries. These

challenges include: the uncertainty caused by the exit mechanism of US

quantitative ease policy on currency in the international foreign exchange

market; EU’s problem on inflation constraint and high unemployment; the

downward trend of Japan’s exchange rate and its subsequent effect on the

increase of VAT; the balance between structure adjustment and steady growth in

Mainland China, and lastly the geopolitical risk such as Ukraine and worsening

situation in Iraq, all will directly and indirectly impact global trade as a whole. GI

estimates growth rates for worldwide exports and imports will only be at 3.5%

and 2.7% respectively in 2014, slightly better than 2013.

Foreign Trade Developments

I. Overall Performance

In 2013, Taiwan's total foreign trade amounted to US$575.33 billion, a slight

increase of 0.6% over the previous year. Of it, exports were US$305.44 billion, up

by 1.4%, and imports US$269.89 billion, down 0.2%, showing an overall surplus

of US$35.54 billion, up by 15.8% over the previous year. When examining 2013

trade performance on a monthly basis, export growth illustrated both increases

and decreases. For the months of January and June, better performance were

registered as their growth were at 10.3% and 8.9% respectively; however, for the

months of February and September, negative growth were seen at 15.8% and 7%,

resulting a slight upswing of export. For imports, only January, March, June and

December performed better, the rest of the months showed different degrees of

negative growth.

Looking forward in 2014, we expect a weak global economy rebound, but it can

still bring about trade flow. On top of it, Taiwan semiconductor companies

benefitting from the leading manufacturing process, increasing demand of

mobile apparatus, trade opportunities coming from IT consumers’ upgrading

their PC and NB, and lastly the production automation becoming a trend which

triggers a global recovery of machinery industry will all help export dynamics.

However, flat panel, ICT and petrochemicals facing increased competition from

Mainland China and international market will repress its increase trend.

According to Directorate-General of Budget, Accounting, and Statistics (DGBAS)

forecasts released in August 2014, the exports and imports of Taiwan would

grow at 3.21% and 3.80% respectively, meaning the overall trade performance

will continue to be affected to certain extent in the midst of unstable recovery of

global economy.

II. Major Exports

Among Taiwan's major export goods in 2013, electronic products, being the

largest category, accounted for 28.1% of the total, at US$85.98 billion and an

increase of 3.1% over the previous year. Minerals ranked second, accounted for

7.8%, an increase of 7.3%, at US$23.69 billion. The third being plastics, increased

by 4.2% to US$21.95 billion and accounted for 7.2%. Followed by chemical

products - the fourth largest category - increased by 2.4%, with total volume of

US$21.28 billion and accounted for 7.0% of the total. The fifth, optical

instruments, decreased by 3.7%, accounted for 6.9% of total exports (see Figure

1). Overall, our performance of major export benefitted from the gradual global

economic recovery and also the increased demand of smart phones and wearable

devices. All these cause the increase of demand of parts and components and

subsequently impacting our export in a positive way.

III. Major Imports

In 2013, Taiwan's largest import goods category, was also electronic products,

the amount remains the same as last year at US$40.75 billion and accounted for

15.1% of total. The second, crude oil, decreased by 5.7% to US$33.57 billion and

accounted for 12.4%. The third, machinery, increased by 8.4% to US$23.07

billion and accounted for 8.5%. The fourth, organic chemicals, increase only by

0.6% to US$11.79 billion and accounted for 4.4%. The fifth, steel and its

products, declined by 9.0% to US$11.21 billion accounted for 4.2%. Overall,

Taiwan's major imports in 2013 had dropped slightly at 0.2%, over 2012. Luckily

the capital equipment and consumer products grow steadily, showing our

domestic investment activity and economic direction are moving forward. (See

Figure 2)

IV. Major Trading Partners

Taiwan's top trading partners, in descending order, are Mainland China

(including Hong Kong), ASEAN (10 members), Japan, the US, and the EU (28

members). Together these 5 trading partners accounted for more than 80.0% of

our exports and over 62.0% of imports. In 2013, due to the economic slowdown

of Mainland China and its implementation of import substitution policy as well as

the sluggish economy in the Euro zone, Taiwan’s exports to Mainland China

(including Hong Kong) had been impacted, the growth was only at 2.2% in 2012

which accounted 39.7% of the total. Mainland China remains Taiwan’s largest

export market and biggest source of trade surplus; at the same time, Taiwan has

an export increase of 3.9% to Southeast Asian; an increase of 1.2% to Japan, a

decrease of 1.2% to the US and decline of 3.7% to EU.

For import, in the year of 2013 the largest import source for Taiwan was

Mainland China (including Hong Kong), showing a 1.6% increase over the

previous year and accounted for 16.4% of the total; Japan being the second,

decreased by 9.2% and accounted 16.0%; and followed by Southeast Asia, the US

and EU, with growth rate at 3.5%, 6.8% and 6.2% respectively. (See Table 2)

2 A Driving Force for Trade and Economic Development

Missions of the Bureau of Foreign Trade, MOEA

Bureau of Foreign Trade (BOFT), established by the Ministry of Economic Affairs

on January 1, 1969, is responsible for formulating Taiwan's international trade

policies, promoting trade and managing trade-related activities. Over the past

few decades, the BOFT's role and responsibility have undergone continuous

adjustments to meet the ever-changing international business environment.

BOFT's present major works include:

(I) Formulating and implementing trade policies and rules/regulations;

(II) Participating in the activities of international economic and trade

organizations and enhancing bilateral trade relations;

(III) Handling and coordinating trade negotiations, consultations, and disputes;

(IV) Negotiating and signing of economic cooperation agreements;

(V) Administering the import/export regime and providing trade consulting

services to importers/exporters;

(VI) Promoting foreign trade, creating an environment conducive to the

development of foreign trade through the building of international exhibition

halls, promoting paperless trading and trade facilitations, establishing global

trade information websites, and alike;

(VII) Connecting and coordinating MOEA's overseas offices; and

(VIII) Managing the liaison and assistance with and to business-related

entities and groups.

Organization Chart of the Bureau of Foreign Trade, MOEA

N.B. Dotted line represents ad hoc mission team.

3 Upgrading Trade Relations

Participating in International Economic and Trade Organizations and

Activities

I. World Trade Organization (WTO)

1. Actively Participating in WTO Negotiations

Foreign trade is pivotal in Taiwan’s economic development, therefore the

government pays great attention to the development of the multilateral trade

regime established by the WTO. Since its accession in January 2002, Taiwan has

actively participated in meetings held by WTO negotiating groups during the

Doha Round, as well as in the consultation meetings held by informal groups

composed of members who share common market interest to fully voice our

concerns and views in our bid to maximmize of Taiwan’s interests.

The WTO's 9th Ministerial Conference (MC9) was held in Bali, Indonesia in

December 2013, and the Bali Package was successfully adopted after intensive

negotiations, which not only infused vitality into the 12-year Doha Round

negotiations but also re-established confidence in the global multilateral trading

system. The Trade Facilitation Agreement of the Bali Package is of great

importance to Taiwan. Not only can Taiwan enhance its customs cooperation

with member countries, it can also garner real benefits due to a 10% to 15%

reduction of trade costs in developed countries and developing countries,

respectively, according to an OECD study. With regard to plurilateral negotiations,

after completing the new round of negotiation on Government Procurement

Agreement (GPA) in 2011, major members of the Information Technology

Agreement (ITA), including Taiwan, launched negotiations on ITA Expansion in

May 2012. More than half of the ITA signatories joined the negotiations. After

more than one year of deliberation, a consolidated list was compiled, but due to

different standpoints among members, continuous negotiations are still needed.

Meanwhile, the Trade in Service Agreement (TiSA) officially initiated the

negotiations in 2013. As of today, 23 members, including Taiwan, have

participated in discussing issues on market access of the service sector and trade

regulations while members have submitted initial offers for market access.

A free and open multilateral trade regime is an important goal that Taiwan

pursues. Taiwan will continue to participate actively in the WTO talks in order to

contribute to the formulation of new international trade regulations and to

eventually create more profound opportunities for international trade.

2. Participating in Consultations with Countries Acceding to the WTO

In February 2014, Taiwan and Afghanistan signed a Taiwan-Afghanistan bilateral

negotiation agreement on the accession of Afghanistan to the WTO in Geneva. In

May 2013, we held the first bilateral meeting with Algeria. In February 2014, the

9th bilateral meeting with Azerbaijan was held. Since 2002, Taiwan has held

bilateral negotiations with Vietnam, Cambodia, Laos, Russia, Saudi Arabia,

Ukraine, Belarus, Kazakhstan, Azerbaijan, Tajikistan, Uzbekistan, Libya, Lebanon,

Iraq, Afghanistan and Algeria in their accession to WTO (Russia, Ukraine,

Tajikistan have become member) to negotiate market access, tariff reduction and

so on for our business to expand into their markets.

3. Participating WTO’s Trade Policies Review Meeting

Ranked top 20 trade countries in the world, Taiwan's trade policy has to be

reviewed every four years under the Trade Policy Reviews Mechanism (TPRM) of

the WTO. Taiwan’s first review was held June 20 and 22 in 2006, and the second

review was held July 5 and 7 in 2010. The third review meeting was successfully

held September 16 and 18, 2014 in Geneva. 25 members submitted over 400

written questions, reflecting their interests and concerns on Taiwan’s economic

development in the past 4 years. During the 2-day meeting, 33 members raised

comments and asked questions on issues, including the effect on Taiwan’s active

participation in regional economic integration and the signing of ECA, the Free

Economic Pilot Zones (FEPZs) involving the further liberalization of trade

system, and the timetable of market access of service sector and so on. In

addition, some of Taiwan’s adopted measures also received attentions, which

include the high tariff of agriculture products, subsidies of agricultural and

fishing industries, food safety, sanifary and phytosanitary measures which are to

be harmonized with the international standards. Moreover, Taiwan has actively

participated in the trade policy review meetings of other members. From 2012 to

July 2014, Taiwan had participated in trade policy review meetings of the US,

Indonesia, Korea, Japan, Malaysia, Myanmar and Mainland China and in the joint

trade policy reviews of Bahrain, Qatar and Amman.

4. Using WTO Mechanisms to Secure Taiwan's Benefits and Interests

On one hand, Taiwan has resolved trade conflicts with other members through

the WTO dispute settlement mechanism. Since its accession, Taiwan has

familiarized itself with the WTO dispute settlement procedures by participating

as a third party in 83 dispute settlement cases. On other hand, in response to

complaints from domestic businesses that they have been treated unfairly by

other countries or affected by trade measures that might be in violation of WTO

regulations, the government has, following internal discussions among relevant

government agencies and consultations with legal professionals, initiated dispute

settlement procedures under the WTO dispute settlement mechanism. For

example, in February 2005, Taiwan held bilateral consultations with India

regarding Indian anti-dumping measures on seven Taiwanese products.

Consequently, India agreed to terminate measures on five of these products.

Moreover, Taiwan, the US, and Japan jointly requested the establishment of a

panel by the WTO's Dispute Settlement Body (DSB) in August 2008 against the

EU and its member states' collection of tariffs on flat panel displays, set-top

boxes, and multi-functional digital machines in violation of the General

Agreement on Tariff and Trade (GATT 1994). The panel was established in

September 2008 and issued its final report in July 2010, ruling in favor of Taiwan,

the US and Japan.

In addition, via multilateral and bilateral negotiations, Taiwan government has

persuaded trading partners to adopt trade remedy measures based on the

principles of fairness and objectivity. For example, in order to help Taiwan's

industries respond to Malaysia's April 2011 and July 2012 gazette announcement

to initiate safeguard and anti-dumping investigations for imports of hot-rolled

steel coil products, Taiwan actively expressed its concern and stated its position

to Malaysia. Consequently, Malaysia terminated its safeguard and anti-dumping

investigations in August 2011 and November 2012, respectively, for a positive

outcome. Moreover, while Indonesia conducted an anti-dumping sunset review

for imports of hot-rolled steel coil products, Taiwan also actively and repeatedly

expressed its concerns to Indonesia. Finally, in the final determination published

in April 2013, our exporter was able to maintain its zero duty treatment. In

addition, in April 2013 gazette, Indonesia announced its investigation on

Taiwan’s PET. Taiwan actively expressed its concern and stated its position to

Indonesia and in March 2014, Indonesia withdrew its investigation. Australia in

June notified Taiwan that a request was made to Australia government from their

businessmen on imported adopter from Taiwan for balance tariff investigation.

Again Taiwan actively expressed its concern and stated its position and in July

2014, Australia agreed no investigation was needed.

II. Asia-Pacific Economic Cooperation (APEC)

1. Actively Participation in APEC Meetings and All of Its Activities

APEC is one of the important international economic fora in which Taiwan

participates. Since joining APEC in 1991, Taiwan has taken an active role in

various meetings, proposed initiatives, and organized symposia and meetings in

Taiwan. These endeavors have served to strengthen exchanges and cooperation

with other APEC member economies and have helped with capacity-building for

the developing economies as well. In response to the challenges of the

globalization, in 2010, APEC Leaders’ Meeting approved "Pathways to the Free

Trade Area of the Asia-Pacific" (FTAAP), which clearly defines the FTAAP as a

major instrument to realize economic integration and to achieve the Bogor Goals.

APEC will continue to push ahead with its broad and substantial work in areas

such as promoting the ease of doing business, connecting supply chains, carrying

out structural reforms, etc.

In 2014, Mainland China as the host, adopting “Shaping the Future through Asia-

Pacific Partnership” as the theme has proposed 3 priority areas including: 1) to

further pursue regional integration, 2) to promote innovative development and

economic reform and growth, and 3) to enhance overall linkage and

infrastructure. Taiwan will continue participation and strengthen all relations.

2. Taiwan's Contributions to APEC

Since becoming an APEC member in 1991, Taiwan has been actively putting

forward initiatives on APEC’s core works on trade facilitation and economic and

technological cooperation. One of the significant projects as a contribution to

APEC’s economic and technological cooperation is the APEC Digital Opportunity

Center (ADOC) project. Taiwan first raised the proposal for this project during

the 2003 APEC Leaders' Meeting in Bangkok. Its goal is to assist APEC member

economies to improve their capacity in using ICT and reduce digital divides.

During Phase One of this project (from August 2004 to 2008), Taiwan together

with Chile and others six partner member economies had established 43 Digital

Opportunity Centers (DOCs), which trained approximately 70,000 people. During

Phase Two implemented from 2009 to 2011, more resources from the private

sector were utilized; in addition to training people from the SMEs, much

attention was also placed on assisting women, children, and visually impaired

people. Later, Mexico, Russia and Malaysia also joined to become cooperative

members. In this phase, 46 DOCs were established, and more than 200,000

people were trained. In 2012, 12 DOCs were added, and more than 120,000

people trained. Since the project implementation in August 2004 until September

2014, a total of 101 ADOCs have been established with more than 680,000

people trained. This project will soon be reaching its conclusion in 2014. Taiwan

will summarize its full results, and continue to operate these ADOC’s under

bilateral framework to help ensure its sustainable development.

III. Organization for Economic Cooperation and Development (OECD)

Commonly regarded as a think tank for the WTO, the OECD is one of the world's

most important international economic organizations. Most OECD members are

developed countries and major players in global trade. Participation in OECD

activities can elevate Taiwan's international profile and assist us in formulating

economic and trade policies. Taiwan had become an observer in the Competition

Committee (2002), the Steel Committee (2005) and the Fisheries Committee

(2006), and has kept its status as participant. (In 2013, the OECD altered the title

of "Regular Observers" to "Participants")

Strengthening Bilateral Trade and Economic Relations

Foreign trade is the lifeline of Taiwan's economic development; as such, the BOFT

puts a great deal of effort into promoting bilateral trade and economic relations.

We endeavor to analyze our trading partners' trade policies and current global

market trends in order to help our industries improve market channels and

overcome barriers to do trade. One of the BOFT's tasks is to develop regions-

specific plans for Southeast Asia and India, North America, Europe and Latin

America, etc.

The BOFT holds bilateral trade-consultation meeting with Taiwan's major trading

partners, including the US, Canada, Japan, the EU, the UK, France, Italy, Australia

and New Zealand. Such governmental meetings help to resolve issues in trade

and investment and promote technological exchanges. In addition, to promote

better understanding with our trading partners and improve trade relations, we

also organize exchanges of visits by high-level economic officials and business

people. We also hold various types of symposia, meetings, and exhibitions to

promote mutual understanding and cooperation on trade.

Taiwan has signed ATA Carnet agreements and administrative protocols with 39

countries and economic entities, including the US, Japan, Singapore, the EU, and

Switzerland, in order to assist businesses in conducting commerce, attending

trade shows, and expanding trade opportunities. Moreover, the BOFT is

promoting Investment Protection Agreements and Agreements on the Avoidance

of Double Taxation with Taiwan's trading partners to protect the interests of

Taiwanese investors and to reduce their operating costs. Currently, Taiwan has

signed Investment Protection Agreements with 29 countries, including the US,

Singapore, Indonesia, India, and Malaysia. Taiwan has also signed Agreements on

the Avoidance of Double Taxation with 21 countries, including New Zealand, the

UK, the Netherlands, Germany, Singapore, Vietnam and Luxemburg. BOFT will

continue promoting its related work to sign more ECA’s and enhance bilateral

relations in a meaningful way.

Southeast Asia: In May 2013, the first Taiwan-Thailand Director-General

Economic and Trade Consultative Conference were held.

In May 2014, the 12th Taiwan-Singapore (private-sector) economic joint meeting

and 19th Taiwan-Indonesia (private-sector) economic joint meeting were held

respectively. In November 2013 and in July 2014, two High-level Multifunctional

Economic and Trade Missions" were organized to visit Myanmar and in

Novermber 2014, one “High-level Multipurpose Economic and Trade Mission"

was organized to visit Indonesia; each of these served to strengthen bilateral

economic relations. In addition, the 9th Taiwan-Asia Pacific Summit Forum in

Taiwan was held with the theme of Smart Life Technology Forum: Creating a

Smart New Life in Asia in October 2013, BOFT has invited officials, businessmen,

and experts from Southeast Asian countries to attend.

South Asia: In March 2013, Taiwan has signed ATA Carnet agreements and

administrative protocols with India which went into effect on April 1, 2014. To

further enhance relations with India, a High-level Multifunctional Economic and

Trade Mission was organized to visit India and concurrently held the 7th Taiwan-

India Vice Minister-Secretary Level Economic Consultation in September 2013.

In March 2014, the 1st Review Meeting of the result of the 7th Taiwan-India Vice

Ministerial-Secretary Level Economic Consutation Taiwan and India and the

Taiwan-India Roundtable Meeting were both held in India. In July, the second

such review meeting was held. In September 2014, another High-level

Multifunctional Economic and Trade Mission was organized to revisit India.

Northeast Asia: On August 8, 2014, Taiwan-South Korea Annual Economic

Consultation Meeting was held and has secured much concrete advancement on

issues including: Tariff Cooperation, Competition Rules Cooperation, Patent

Auditing and Agricultural Market Access. In November 2013, Taiwan-Japan

Economic Meeting exchanged ideas on tariff cooperation, market access into

non-tariff barrier, technology and industrial cooperation, market expansion and

etc. In September 2014, Taiwan organized the “Project on Building Economic

Alliance between Taiwan and Japan” to visit Osaka, Kyoto, Tokyo and Shinakaga.

In these four cities, an Investment and Industrial Cooperation Joint Seminar was

held.

Australia and New Zealand: In June 2014, the 18th Taiwan Australia Economic

Consultation was successfully held. In July 2014 New Zealand’s Foreign Trade

Vice-Minister led a delegation to visit Taiwan to exchange talks on the

implementation of Taiwan New Zealand Economic Cooperation Agreement.

Middle East: To strengthen Taiwan's economic and trade relations with countries

in the Middle East, the "2013 Economic and Trade Mission to the Middle East"

was organized in October 2013 to visit Kuwait and the UAE to carry out

integrated sales activities. In May 2014, BOFT also organized a delegation to visit

Israel for the 6th Taiwan-Israel Economic Conference and Israel Bio and High

Tech Innovation Meeting. In June two delegations, “2014 Taiwan Screws and

Fasteners Trade Mission to Kazakhstan, Turkey and Saudi Arabia” and “2014

Taiwan Trade Mission to Kazakhstan, Yemen and Saudi Arabia”, were organized

to expand the markets.

North America: To maintain our long-lasting bilateral relationships with the US

and Canada, we continue to organize meetings under the Taiwan-US Trade and

Investment Framework Agreement (TIFA) and the Taiwan-Canada Commercial

and Economic Consultation. The 8th Taiwan-US Trade and Investment

Framework Agreement (TIFA) was held in April 2014. The 10th Taiwan-Canada

Commercial and Economic Consultation, in April 2014.

Europe: In May 2014, the BOFT organized a trade mission to Turkey and Cyprus;

in October 2014, a trade mission was organized to visit Russia. In November

2014, Taiwan-EU Service Industry Seminar will be organized. In addition to the

Taiwan-EU, Taiwan-UK, and Taiwan-Italy economic consultation meetings,

consultation meetings between Taiwan-France, Taiwan-Spain, Taiwan-Finland

and Taiwan-Sweden will also be held. Among these meetings, during the 3rd

Taiwan-France consultation meeting, Taiwan had successfully asked France to

upgrade the consultation meeting to the director-general level therefore the 4th

bilateral economic consultation meeting will be director-general level. In 2014,

Taiwan also organized trade missions to Malta, Romania, Bulgaria, Croacia, UK,

Lithuania, Estonia, Italy, Hungary, Slovenia and Belgium to further deepen the

relationship of the government and the private sector as well.

Central and South America: The BOFT continues to reinforce bilateral trade and

economic relations with our diplomatic allies and countries with which we have

signed FTAs: Panama, Guatemala, Nicaragua, El Salvador and Honduras. In March

2014, the Taiwan Trade Delegation to the Central and South America, which

consisted of 53 companies, visited Colombia, Chile, Ecuador, Brazil and Mexico to

promote export and explore trade opportunities. In September 2014, BOFT

organized “2014 Latin American mission” to Argentina, Chile and Peru for

strengthening bilateral trade relationship.

Africa: In 2014, BOFT organized trade missions to Egypt, Burkina Faso, Uganda,

Tunisia, Kenya, Algeria and Morocco to enhance the substantial bilateral trade

relationship.

Promoting the Signing of Economic Cooperation Agreements

Regional economic integration has been the trend of present international

economy. Trading partners use RTAs/FTAs to eliminate tariff and non-tariff

barriers, to promote investment and economic cooperation. For those countries

that are not signatories to such RTAs/FTAs would experience adverse effects due

to the diversion of trade and investment. In this regard, signing economic

cooperation agreements with our trading partners has been seen as a major

economic strategy to realize the so-called "plowing deep in Taiwan, deploying in

globe” to deepen the globalization of Taiwan’s economy and to build a

comprehensive foreign trade network.

The Trans-Pacific Partnership (TPP) and Regional Comprehensive Economic

Partnership (RCEP) are two important regional economic integration

arrangements in the Asia-Pacific, which are currently under negotiations. They

account for 38% and 29% of the world's annual GDP, respectively. Once the TPP

and RCEP negotiations are completed, they will have profound impact on global

trade. Taiwan will continue to create favorable conditions as the base to join both

TPP and RCEP.

Taiwan and New Zealand signed the "Agreement between New Zealand and the

Separate Customs Territory of Taiwan, Penghu, Kinmen, and Matsu on Economic

Cooperation" (ANZTEC) on July 10, 2013, which went into effect on December 1,

the same year. The signing of this agreement symbolizes an important step

further in Taiwan's pursue of policy goal of joining regional integrations, forging

deeper linkage with the Asia-Pacific and deploying globally. Taiwan and

Singapore signed the "Agreement between Singapore and the Separate Customs

Territory of Taiwan, Penghu, Kinmen, and Matsu on Economic Cooperation"

(ASTEP) on November 7, 2013 which went into effect on April 19, 2014. This is

the first ECA of Taiwan with a Southeast Asia trading partner, which was another

shot in the arm for Taiwan's path towards regional integration. In terms of

content of the agreement, both agreements are of high quality and high standard,

greatly revealing the determination of Taiwan for economic liberalization and

serves positively for Taiwan to pursue ECAs with other countries or to participate

in the regional trade agreements.

Taiwan also endorses the “building blocks” approach for the fully-fledged ECAs

together with the US, EU, Japan and other important trading partners. For

instance, the Taiwan-Japan Investment Agreement was signed on September 22,

2011 which took effect on January 20, 2012. The agreement has positive effect on

attracting Japanese investment to Taiwan. It will also serve as a basis for future

ECA negotiations between the two countries. In 2013, Taiwan signed three

agreements with Japan, respectively, the E-commerce Cooperation Agreement

between Taiwan and Japan, the Memorandum of Understanding (MoU) on the

Cooperation in Priority Document Exchange (PDX) between Taiwan and Japan,

the Memorandum of Understanding (MoU) on the Cooperation in Financial

Surveillance between Taiwan and Japan.

In 2014, a special task force on TPP/RCEP was set up by the Executive Yuan in

addition to the existing International Economic and Trade Strategic Team at the

instruction of President Ma Ying-Jeou. As of this day, we have completed the

stock taking of Taiwan’s liberalization gap and the issues that are the concerns of

the TPP member countries. In July 2014 the preparation has completed.

Meanwhile, five FTAs were signed with Taiwan’s allies; namely, Panama,

Guatemala, Nicaragua, El Salvador and Honduras. These FTAs went into effect

between 2004 and 2008, and since then, the annual bilateral trade with these 5

nations has increased steadily. In 2013, the total trade reached a record-high of

US$827.10 million, an overwhelmed increase of 119% over 2003.

Facilitating Cross-strait Interaction and Gradually Progressing Toward Normal

Economic and Trade Relations

At present, as Taiwan and Mainland China interact in a more amicable way, we

are also moving toward a greater economic cooperation. To strengthen the cross-

strait development and interaction, our government adheres to the principle of

“Taiwan first and good to the people” and “Plow Deep in Taiwan and Connect the

world” as macro-economic development strategy, on one hand, Taiwan is to push

the adjustment of trade dynamics of the two sides, and at the same time, to

launch trade negotiation. The Straits Exchange Foundation (SEF) and the

Association for Relations Across the Taiwan Straits (ARATS) have held ten

consultations since the negotiation channel was reopened and have already

signed 21 agreements covering weekend chartered flights, visits to Taiwan by

mainland Chinese tourists, cross-strait transportation by air and by sea, postal

service, food safety, crime-fighting and judicial cooperation, financial

cooperation, regular flights, intellectual property rights protection cooperation,

ECFA, medical and sanitary cooperation, investment protection, customs

cooperation, trade in services, earthquake monitoring cooperation and

meteorological cooperation. Both sides have also reached consensus on capital of

Mainland China to Taiwan. All these have made the economic interactions

between the two sides of the strait closer and tighter. The agreement is allowing

Taiwanese businesses to take advantage of the cross-strait division of labor,

establish international branding, and reduce production costs. As a result, this

agreement will not only solidify Taiwan's position in the global supply chain, but

also help attract foreign companies to set up operation centers in Taiwan.

On June 29, 2010, the ECFA was signed and entered into effect on September 12.

The early harvest programs of trade in goods and trade in services were

implemented starting on January 1, 2011, and tariff of goods in the early harvest

program was reduced to zero on January 1, 2013. With regard to the ECFA

follow-up negotiations, the investment protection agreement was signed on

August 9, 2012 and went into effect on February 1, 2013. It will not only

strengthen the protection of our investors' interests, but also help improve the

investment climate; trade in service agreement was signed on June 21, 2013 and

is under review by the Legislative Yuan. After taking effect, it will help Taiwanese

businessmen gain a foothold in Mainland China’s market and to further expand

into the global market. As for the trade in goods and dispute settlement

agreements, both sides have held multiple negotiations and are progressing well.

In the future, adhering to the principle of “Taiwan First, Good for People”, Taiwan

will continue promoting the negotiations of trade in goods and dispute

settlement agreements so that the whole picture of ECFA will be completed. In

addition, to assist businesses to cope with the trade liberalization, MOEA has

pooled together all resources of providing guidance and has initiated a "Program

to Assist Industry to Adjust to Trade Liberalization." This program includes 3

assistance strategies, which are "stimulus and guidance", "substantive

adjustment", and "trade relief". By making these adjustments, industries can

improve their competitiveness and guide their restructuring. With the signing of

the cross-strait trade in services agreement, the budget for this program has

been adjusted to NT$98.21 billion from the original NT$95.2 billion, to help

domestic service industries and their workers adjust to the impact of trade

liberalization.

4 Strengthening Trade Promotion

Taiwan is a foreign trade-oriented country. Trade has been the major driving

force for Taiwan's economic growth over the past decades. Throughout the years,

BOFT has entrusted TAITRA to implement trade promotion activities, jointly

work with trade associations to help businesses to export, and initiating special

projects to develop global markets, so as to maintain a balance and stable trade

growth, and ultimately drive our economic growth. The main trade promotion

works are:

Strengthening Trade Promotion Works

1. Assistance in Developing Overseas Markets: To help Taiwan's businesses

deploy globally, the BOFT selects key markets each year for enhanced trade

promotions. Through organizing missions to participate in important

international trade shows, organizing delegation to overseas export expansion,

inviting foreign buyers to attend Taiwan Good Products Fairs, and organizing

large-scale procurement meetings in Taipei to help businessmen explore trade

opportunities. In addition, BOFT also cooperates with overseas distributors to

stage promotional activities for Taiwan products and helps manufacturers

establish overseas marketing channels. Customized projects are also

implemented to help businesses attract overseas potential buyers and deepen

the existing relationships between the buyers and Taiwanese suppliers.

2. Providing Trade Information: To keep Taiwan businesses well-informed of the

latest global trade and market information, the BOFT conducts market

researches on market, industry, and focus topic. It also publishes "International

Trade Biweekly" and "Taiwan Products" magazines. TAITRA’s Trade Information

Centers where specialized information is made available, are to help businesses

in fully aware of the global market trends. Taiwan's national B2B e-commerce

portal "Taiwan Trade" (www.taiwantrade.com.tw) and “iDealEZ”

(www.idealez.com) provide Taiwan suppliers with trade information and

business opportunities around the world.

3. Service of Expanding Overseas Connections: In addition to the MOEA's

overseas branch offices, TAITRA has established branch offices in major cities

around the world in order to collect and relay business information to exporting

companies. Projects to expand international market are made to assist

companies to develop new clientele and explore business opportunities.

4. International Marketing Training Courses: To nurture international marketing

talent, the BOFT offers a full range of pre-job and on-the-job training programs,

such as an International Business Administration Program (IBAP), International

Trade Program, Post-Master's International Marketing Program, Business English

Program, and a large variety of short-term training courses that are tailored

made to local businesses.

Joining Forces with the Private Sector to Explore New Markets

As Taiwan's exports steadily grew through the years, product marketing has also

become more specialized. Every year since 1998, the BOFT has been working

with over 150 industrial associations to expand the international markets of

their members. Their main activities are to organize group visits to foreign

countries to promote trade, attend trade shows, invite foreign trade missions to

Taiwan, sponsor or participate in international economic and trade conferences,

organize seminars on import/export business opportunities, provide training

programs, and publish trade and economic information. Furthermore, since

2011, the BOFT has been assisting companies and firms to participate in

overseas international exhibitions and from 2013, the BOFT has been

implementing a project that provides incentives for companies for developing

more diverse, innovative, and integrated marketing models that will help expand

their overseas markets.

Promotion of Multiple Special Projects

I. The Project to Promote Most-Valued Products in Emerging Markets

The number of new middle-class consumers in emerging markets is big and

rapidly growing. They pursue low-priced and good-quality life style, thus creates

a huge trade opportunity. To take advantage of the ensuing business

opportunities, the MOEA has implemented the second phase of the "Project to

Promote Most-Valued Products in Emerging Markets" (MVP Project), which

spans three years from 2013 through 2015. This project focused on five

emerging markets, Mainland China, India, Indonesia, Vietnam and the

Philippines. A total of 493 consumer products in 14 categories are being

promoted. This project also integrates resources from all relevant divisions of the

MOEA to provide extensive support to Taiwanese firms and enhance their

capabilities in technology development, production, design, branding, and

marketing. The four areas of market demand, innovative R&D, production design

and international marketing were taken into consideration in setting up three

platforms: "Innovative R&D Production Platform," "International Marketing

Integration Platform," and "Environment Cultivation Platform" respectively, so as

to help Taiwanese Firms successfully enter emerging markets.

II. Taiwan Industrial Image Enhancement Plan

Targeted market for this plan is both domestic market as well as markets that

targeted the developed countries: such as European Union, United States, and

Japan and emerging markets include Russia, Brazil, Mexico, Turkey, Myanmar

and The United Arab Emirates as major expanding countries and India, Vietnam,

Indonesia, the Philippines and Mainland China are most-valued market. By

conducting events, channel activities, mass media communication, sports

marketing, celebrity endorsements, advertising, digital marketing, and

production of other marketing material in both the B2B and B2C channels, this

plan can develop a positive image for country-of-origin and improve the image

and awareness of Taiwan's industrial innovation. The results of this plan will lift

Taiwan's export growth.

III. The Green Trade Promotion Project

The MOEA has launched a "Green Trade Promotion Project" to assist Taiwanese

companies to respond to the rising global trend toward green business,

specifically by helping them comply with international green standards, recycling

regulations, and green procurement standards, and by assisting them to grasp

green business opportunities. This project, which is being implemented in the

second phase from 2014 to 2016, is being carried out in line with three

strategies: (1) offering green trade consulting services; (2) enhancing Taiwan's

green trade competitiveness; and (3) promoting green trade activities. It is hoped

that under this project, Taiwan's green product manufacturers and service

providers will develop better connections with the global market, boost export

sales, and improve Taiwan's trade performance in the relevant sectors. The

concrete ways to achieve the goal includes providing guidance needed to trade

associations and companies, editing “Taiwan Green Product Catalogs”, complying

with special international and domestic exhibitions to demonstrate "Green

Product Demo House", to set up a brick-and-mortar showroom to exhibit

Taiwan’s green products and lastly to jointly set up special counters in the

department stores to organize an integrated sales and promotion activity.

IV. Project of Securing Global Government Procurement (GPA) Business

Opportunities

Taiwan became the 41st signatory to WTO’s Government Procurement

Agreement (GPA) on July 15, 2009. To help domestic firms obtain business

opportunities in the government procurement opportunities, BOFT has been

implementing the GPA Project since 2009. It aims to strengthen Taiwanese

companies' capability to bid on government contracts abroad. It runs a website

presenting the diverse opportunities, organizes seminars to enlarge participating

opportunities, invites foreign firms that have won government's projects in other

countries to visit Taiwan for purchasing Taiwanese products for the projects, and

so on.

In view of the significant size and the tremendous business opportunities in the

United States government procurement market, BOFT has been hiring

consultants to advise Taiwanese companies in obtaining GSA Schedule to qualify

as suppliers to get into the market; and also in order to encourage Taiwanese

companies to bid government procurement contracts in foreign countries and to

apply as a suppliers’ status for the big companies, starting in 2012, government

subsidize as a form of encouragement to Taiwanese companies in the process of

participation in international tenders and help them acquire the level of

qualification that is required for large bids, the GPA Project has been providing

them professional consulting assistance to attend overseas tender briefing or to

make related presentations.

Enhancing MICE Industry

The meeting, incentive travel, convention, and exhibition (MICE) industry can

create huge benefits for a nation's economy. It can bring growth for tourism and

other collateral industries and help raise the international profile of a country. In

recent years, some of the Asian countries who are Taiwan’s competitors have

been aggressively developing MICE industry. Therefore it is a top priority for the

government to enhance the competitiveness of this industry. In 2013, Taiwan

launched "Taiwan's MICE Industry Pilot Program", which includes "Taiwan MICE

Overall Implementation Project" and "Taiwan MICE Training and Certification

Project." With making Taiwan MICE industry a pilot navigator for high quality

MICE service as the vision, we hope to develop Taiwan as an important global

MICE destination in the world as well as to lead the industry to sail to the

international waters.

5 Improving Trade Environment

Realizing Trade Liberalization

As Taiwan adheres to the policies of trade liberalization, globalization, and

systematization, it has enacted laws and regulations, such as the Foreign Trade

Act and Regulations Governing Export and Import of Commodities. It also

continues to relax or simplify regulations on importing and exporting, adopt

electronic export and import certificates, simplify the procedures for registering

as importers and exporters, and so on.

Taiwan had already conducted a full review of its import/export regulations

before its WTO accession and eliminated regulations that were not in compliance

or conformity with the WTO rules. After its WTO accession on January 1, 2002,

Taiwan has significantly opened its market, according to its accession

commitments, by deregulating, opening for import, or adopting tariff rate quota

management for 252 commodities that had been subjected to import restrictions

before WTO accession. As of October 2014, only 111 items are restricted for

import, and 126 items required import permits. Currently 11,216 items

(98.89%) of import commodities have been exempted from import permit

requirements. With regard to exports, as of October 2014, only 41 items are

restricted for export, and 78 items required export permits. Thus, 11,264 items

(99.31%) of export commodities have been exempted from export permit

requirements.

Promoting Trade Facilitation

The Trade Facilitation Network Plan (FT-Net) promoted by the BOFT in 2003

includes important tasks such as simplifying certification/inspection of

documentation, risk control, review of trade-related laws and regulations, and

international cooperation. Likewise, BOFT has drawn five different B2G and G2G

trade authorization service mechanisms, namely: (1) inter-agency verifying and

exchanging certification/inspection documents, (2) coordinating

certification/inspection authorities with the Customs' system in regard to

document verification, (3) online payment for services and application fees, (4)

tracking the status of applications for certification/inspection, and (5) inter-

agency exchange of information. The time and effort traders spend on application

procedures and document preparation has been greatly reduced and simplified

by uploading the exchangeable information and documents online in the form of

paperless electronic attachments.

After implementing the network integration projects of the Trade Facilitation

Network in 2011, operations related to trade facilitation have been included in a

"single window" of the Customs Administration, Ministry of Finance. This single

window has been in on-line operation since August 19, 2013 while the BOFT has

been modifying the "System for Review of Document Management" (covering 12

categories of documents including import/export permits, etc.), "Online

Operations for Proof of Origin and Processing Certificates" and "System for

Management of Exporter/Importer Registration and Classification of

Commodities," and other relevant operations to enable a smooth integration of

online operations with the single window of the Customs Administration.

Establishing a Global Trade Information Network

To make Taiwan's latest trade and economic information conveniently available

to the public, the BOFT has set up a website (http://www.trade.gov.tw) that

provides latest information, service to the public, trade promotion, trade

services, trade information, trade organizations, interactions with people,

government information, and so on. Furthermore, to cope with the vast use of

smart phones and wireless networks, the website has been made available to

mobile users. BOFT will also integrate all kinds of services and create an

exclusive App so to meet the demand of people.

In addition, the BOFT has commissioned TAITRA to set up an integrated portal

which links domestic e-marketplaces, chambers of commerce, and

entrepreneurs. This website, known as "Taiwan Trade Network"

(http://www.taiwantrade.com.tw), provides all kinds of information on trade

opportunities, exhibitions on export promotion, platform for big business. At the

same time, a Taiwantrade Mobile APP has also been developed to support mobile

business service to enhance Taiwan’s business opportunities.

Developing Human Resources

Trade professionals are vital assets as Taiwan strives to promote trade and

internationalization. The BOFT makes concerted efforts to train trade

professionals in order to meet the needs of the fast-changing trade environment.

Besides the "Program for International Economic and Trade Research and

Training Center" (WTO Center Program), the BOFT also organizes a variety of

activities as well as on-the-job training programs. The BOFT entrusts TAITRA to

organize various international marketing training programs, and at the same

time encourage the participation of local companies, relevant foundations, trade

and industry associations, colleges, and universities are consigned to offer a wide

range of training courses on trade practices, business English, Korean, Spanish,

etc., and other courses to cultivate a talent pool for trade.

6 Boosting Economic Prosperity

Boosting Economic Prosperity

In 2013, Taiwan's export performance was still affected by the Eurozone debt

crisis, and the slowdown in economic dynamics in emerging market, Taiwan's

economic growth rate stood at 1.4%. Looking into 2014, the global economic

prospect continues showing high-degree of instability and risks. To withstand

this external impact and to expand the dynamics of Taiwan’s economic growth,

our government announced the "Economic Power-Up Plan" which is designed to

address issues of internal imbalance, such as industrial restructure, the

harmonization of labor supply and demand, and declining exports. These

initiatives should ensure Taiwan’s economic prosperity and sustain economic

growth.

Creating a convenient, liberalized, and internationally competitive market

economy that is linked to the rest of the world through trade is the BOFT's first

and foremost task. In trade promotion, the BOFT carries out various special

projects and programs through TAITRA or through assistance rendered to

industrial associations and individual businesses. It integrates the strengths and

the resources of the public and private sectors to implement the multi-pronged

strategy of "going out, bringing in, expanding networks, recharging momentum,

and building image." All of this is intended to strengthen the export momentum

of Taiwan businesses, upgrade the image of Taiwan industries and brands, and to

expand foreign trade. In the area of multilateral trade, Taiwan is actively

participating in the multilateral negotiations and is utilizing WTO rules to

eliminate trade barriers. With respect to expand bilateral trade relations, it

continues to engage in the negotiation and signing of ECAs/FTAs; it seeks to

reach an ECA with the EU and to join the TPP and RCEP. The BOFT is also helping

enterprises to deploy globally, both in depth and in breadth, through cooperative

economic arrangements. With respect to the cross-strait trade, in order to

increase bilateral trade and investment relation and build a cooperative

mechanism that is conducive to the cross-strait economic prosperity and

development, our government will continue to negotiate ECFA follow-up

agreements and economic cooperation, create a win-win mutual beneficial

situation for both sides, and subsequently lift the overall competitiveness of our

industries globally.

APPENDIX 1 Ministry of Economic Affairs Overseas Offices

ASIA PACIFIC

Japan / Tokyo

Economic Division, Taipei Economic and Cultural Representative Office in Japan

Add:20-2, Shirokanedai 5-chome, Minato Ku, Tokyo 108, Japan

Tel: 81-3-3280-7880

Fax: 81-3-3280-7928

Email: [email protected]

[email protected]

Japan / Osaka

Economic Division, Taipei Economic and Cultural Office in Osaka

Add:Nichiei Bldg. 4th Floor, 4-8 1-Chome, Tosabori Nishi-Ku, Osaka, Japan

Tel: 81-6-6443-8481~7

Fax: 81-6-6459-2390


Korea / Seoul

Economic Division, Taipei Mission in Korea

Add:6th Floor, Gwang Hwa Mun Bldg., 211 Sejong-no, Jongno-Gu, Seoul,110-730

Korea

Tel: 82-2-732-9871~2

Fax: 82-2-732-9874


Philippines / Manila

Economic Division, Taipei Economic and Cultural Office in The Philippines

Add:41st Floor, Yuchengco Tower, RCBC Plaza 6819 Ayala Avenue, Makati City

0727, Philippines

Tel: 63-2-887-6688

Fax: 63-2-887-2603


Thailand / Bangkok

Economic Division, Taipei Economic and Cultural Office in Thailand

Add:20th Floor, Empire Tower, 195 South Sathorn Road, Bangkok 10120,

Thailand

Tel: 66-2-6700-200

Fax: 66-2-6700-226


[email protected]

Malaysia / Kuala Lumpur

Economic Division, Taipei Economic and Cultural Office in Malaysia

Add:Level 7, Menara Yayasan Tun Razak, No. 200, Jalan Bukit Bintang, 55100

Kuala Lumpur, Malaysia

Tel: 60-3-2162-0021

Fax: 60-3-2162-4589


[email protected]

Singapore / Singapore

Economic Division, Taipei Representative Office in Singapore

Add:460, Alexandra Road, #23-00 PSA Building, Singapore 119963

Tel: 65-6500-0100

Fax: 65-6271-9885


[email protected]

Indonesia / Jakarta

Economic Division, Taipei Economic and Trade Office in Indonesia

Add:17th Floor, Gedung Artha Graha J1. Jend. Sudirman Kav. 52-53, Jakarta

12190, Indonesia

Tel: 62-21-515-3939

Fax: 62-21-515-3351


[email protected]

Vietnam / Hanoi

Economic Division, Taipei Economic and Cultural Office in Hanoi, Vietnam

Add:5th Floor, HITC Bldg., 239 Xuan Thuy Rd., Cau Giay Dist., Hanoi, Vietnam

Tel: 84-4-3833-5510 #124

Fax: 84-4-3833-5509


[email protected]

Vietnam / Ho Chi Minh City

Economic Division, Taipei Economic and Cultural Office in Ho Chi Minh City

Add:19th floor, The Flemington Tower,182, Le Dai Hanh str, Ward 15, District 11,

Ho Chi Minh city, Vietnam

Tel: 84-8-3965-1574

Fax: 84-8-3965-1575


[email protected]

China / Hong Kong

Far East Trade Service Inc., Hong Kong Branch Office

Add:Rm 1503, 15/F., Central Plaza, 18 Harbour Road, Wanchai, Hong Kong

Tel: 852-2525-1647

Fax: 852-2521-7711


[email protected]

India / New Delhi

Taipei Economic and Cultural Center in India, Economic Division

Add:34 Paschimi Marg, Vasant Vihar, New Delhi-110057, India

Tel: 91-11-4607-7777

Fax: 91-11-2615-0228


Australia / Canberra

Economic Division, Taipei Economic and Cultural Office in Australia

Add:Unit 8, 40 Blackall Street, Barton, ACT 2600, Australia

Tel: 61-2-6120-2000（代表處）

61-2-6120-2032（經濟組）Fax: 61-2-6273-1396


[email protected]

New Zealand / Wellington

Economic Division, Taipei Economic and Cultural Office in New Zealand

Add:Level 21, 105 The Terrace, Wellington, New Zealand

Tel: 64-4-4736-474

Fax: 64-4-4738-962


[email protected]

北美洲地區U.S.A. / Washington, D.C.

Economic Division, Taipei Economic and Cultural Representative Office in the

United States

Add:4301 Connecticut Ave., N.W., Suite 420, Washington, D.C. 20008, U.S.A.

Tel: 1-202-686-6400

Fax: 1-202-363-6294


[email protected]

U.S.A. / Los Angeles

Economic Division, Taipei Economic and Cultural Office in Los Angeles

Add:3660 Wilshire Blvd., Suite 918, Los Angeles, CA 90010, USA

Tel: 1-213-380-3644

Fax: 1-213-380-3407

1-213-380-0967


[email protected]

U.S.A. / Chicago

Economic Division, Taipei Economic and Cultural Office in Chicago

Add:Two Prudential Plaza, Suite 5802 180 N. Stetson Avenue, Chicago, IL. 60601,

USA

Tel: 1-312-616-0120

Fax: 1-312-616-1498


[email protected]

U.S.A. / Houston

Economic Division, Taipei Economic and Cultural Office in Houston

Add:11 Greenway Plaza, Suite 2016, Houston, TX77046, USA

Tel: 1-713-961-9794

1-713-840-3842

Fax: 1-713-961-9809


[email protected]

U.S.A. / Atlanta

Economic Division, Taipei Economic and Cultural Office in Atlanta

Add:1180 West Peachtree Street, Suite 810, Atlanta, GA 30309, USA

Tel: 1-404-892-5095#841

Fax: 1-404-892-6555


[email protected]

U.S.A. / Boston

Economic Division, Taipei Economic and Cultural Office in Boston

Add:99 Summer Street, Suite 801, Boston, MA 02110, USA

Tel: 1-617-259-1370

1-617-737-8272

Fax: 1-617-737-8275


[email protected]

[email protected]

U.S.A. / New York

Investment and Trade Office, Taipei Economic and Cultural Representative Office

in the United States

Add:1 East 42nd Street, 8th Floor, New York, NY 10017, USA

Tel: 1-212-317-7397

Fax: 1-212-826-3615


[email protected]

[email protected]

Canada / Ottawa

Economic Division, Taipei Economic and Cultural Office in Canada

Add:45 O’Connor Street, Suite 1960 Ottawa, Ontario, K1P 1A4, Canada

Tel: 1-613-231-5025

Fax: 1-613-231-7414


[email protected]

LATIN AMERICA

Panama / Panama City

Oficina del Consejero Económico, Embajada de La República de China

Add:Piso 16, Torre HSBC, Ave. Samuel Lewis, Obarrio, Panamá

Tel: 507-2692929

507-2692995

Fax: 507-2239698


Guatemala / Guatemala City

Oficina del Consejero Económico de la Embajada de la República de China en

Guatemala

Add:ficina de Consejero Económico de la Embajada de la República de China

(Taiwán), 4 Avda. “A”, 13-25, Zona 9, Guatemala, Guatemala, Centroamerica

Tel: 502-2339-0708

502-2339-4848

Fax: 502-2332-2938


[email protected]（貿詢專用）[email protected]

Dominican Republic / Santo Domingo

Office of the Economic Counsellor, Embassy of the Republic of China in Santo

Domingo, Dominican Republic

Add:Av. Romulo Betancourt No. 1360, Bella Vista, Santo Domingo, Republica

Dominicana

Tel: 1-809-508-6200*260

Fax: 1-809-533-4295


Honduras / Tegucigalpa

Oficina del Consejero Económico, Embajada de la República de China

Add:Colonia Lomas del Guijarro, Calle Eucalipto, No.3750 Tegucigalpa, Honduras,

M.D.C.

Tel: 504-2239-4723~5

Fax: 504-2239-3089


Nicaragua / Managua


Add:Planes de Altamira, Lotes 19 y 20, Carretera a Masaya Km4.5 de la Optica

Matamoros 2c O, 1/2 c N, Managua, Nicaragua

Tel: 505-22700421

505-22708394

505-22771333~4#111,#112,#142

Fax: 505-22700441


Mexico / Mexico D.F.

División Económica, Oficina Económica y Cultural de Taipei en Mexico

Add:Bosque de la Reforma 758, Col. Bosque de Las Lomas, C.P. 11700, Mexico,

D.F., Mexico

Tel: 52-55-52510922

52-55-52510948

Fax: 52-55-52510931


Paraguay / Asuncion


Add:Avda. Mariscal Lopez 1133, Asuncion, Paraguay

Tel: 595-21-225117

595-21-230098

Fax: 595-21-214833


Argentina / Buenos Aires

División Económica, Oficina Comercial y Cultural de Taipei en la República

Argentina

Add:Av. de Mayo 654, Piso 4, Capital Federal (C1084AAO), Buenos Aires,

Republica Argentina

Tel: 54-11-52182600

54-11-52182611

54-11-52182612

Fax: 54-11-43433681


Chile / Santiago

Economic Division, Taipei Economic and Cultural Office in Chile

Add:Av. Apoquindo 3001, Piso 5, Las Condes, Santiago, Chile

Tel: 56-2-23629772

56-2-28166100

56-2-28166112

Fax: 56-2-26508733


[email protected]

Peru / Lima

División Económica de La Oficina Económica y Cutlural de Taipei

Add:Av. Las Palmeras No.301, Urb. Camacho, La Molina, Lima, Peru

Tel: 51-1-4378323

Fax: 51-1-4378324


Colombia / Bogota, D.C.

División Económica, Oficina Comercial de Taipei en Colombia

Add:Carrera 11 No. 93-53, Oficina 502, Bogota, D.C., Colombia

Tel: 57-1-635-1138

Fax: 57-1-635-1216


Brasil / Brasilia

Divisao Economica, Escritorio Economico e Cultural de Taipei no Brasil

Add:SHIS QI 9, Conj. 16, Casa 23, Lago Sul, CEP 71625-160, Brasilia-DF, Brasil

Tel: 55-61-33640231

Fax: 55-61-33640239


[email protected]

El Salvador, C.A. / San Salvador

Oficina del Consejero Económico, Embajada de La República de China

Add:Avenida La Capilla No.716, Colonia San Benito, San Salvador, El Salvador

Tel: 503-2264-6098

503-2264-7621

Fax: 503-2564-8108


[email protected]

MIDDLE EAST & AFRICA

Saudi Arabia / Riyadh


Kingdom of Saudi Arabia

Add:Diplomatic Quarter, Riyadh, Kingdom of Saudi Arabia

Tel: 966-11-4881900

Fax: 966-11-4881605


Jordan / Amman

Economic Division, Commercial Office of the Republic of China (Taiwan), Amman,

Jordan

Add:No.18 Iritiria Street, Um Uthaina Amman, Jordan

Tel: 962-6-554-4426

962-6-553-9385

Fax: 962-6-553-9041


Israel / Tel Aviv

Economic Division, Taipei Economic and Cultural Representative Office in Tel

Aviv

Add:21st Floor, Round Building, Azrieli Center 1, 132 Menachem Begin Road, Tel-

Aviv 67021, Israel

Tel: 972-3-6074789~91

Fax: 972-3-6074787


[email protected]

Saudi Arabia / Jeddah


Kingdom of Saudi Arabia, Jeddah Office

Add:No.15 Al Abaqerah St. (19) Rouwais Dist.(7) Jeddah Saudi Arabia

Tel: 966-12-661-1290

Fax: 966-12-668-4958


South Africa / Johannesburg

Economic Division, Taipei Liaison Office in the Republic of South Africa

Add:2nd Floor, 5 Cradock Avenue, Rosebank 2196, Johannesburg, Republic of

South Africa

Tel: 27-11-4428880#101, #105

Fax: 27-11-4428108

27-11-4478473


[email protected]

Ivory Coast / Abidjan

Far East Trade Service Inc. Branch Office in Côte d’Ivoire

Add:Porte 301N, 3rd F1, Residence Nabil. 01BP 3782 Abidjan 01, Cote d'Ivoire,

West Africa

Tel: 225-20-216939

Fax: 225-20-228052


[email protected]

Kingdom of Swaziland / Mbabane

Economic Counsellor Office, Embassy of Republic of China (Taiwan) in the

Kingdom of Swaziland

Add:P.O.Box 56, Mbabane, Kingdom of Swaziland

Tel: 002-268-2404-2379

002-268-2404-9485

Fax: 002-268-2404-9486

002-268-2404-6688


[email protected]

EUROPE

United Kingdom / London

Economic Division, Taipei Representative Office in the United Kingdom

Add:5th Floor, Greener House, 66-68 Haymarket, London SW1Y 4RF

Tel: 44-20-78391866

Fax: 44-20-78391871


[email protected]

Belgium / Brussels

Economic Division, Taipei Representative Office in the EU and Belgium

Add:6th Floor, No. 40, Boulevard du Regent, 1000 Brussels, Belgium

Tel: 32-2-289-6661

Fax: 32-2-203-2483


Germany / Berlin

Economic Division, Taipei Representative Office in the Federal Republic of

Germany

Add:Markgrafenstrasse 35, 10117 Berlin, Germany

Tel: 49-30-20361300

Fax: 49-30-20361303


[email protected]

Germany / Frankfurt

Economic Division, Frankfurt/M Office, Taipei Representative Office in the

Federal Republic of Germany

Add:Friedrichstr. 2~6, 60323 Frankfurt am Main, Germany

Tel: 49-69-745722

49-69-745726

Fax: 49-69-745751


France / Paris

Bureau de Représentation de Taipei en France

Add:75 bis, Avenue Marceau, 75116 Paris, France

Tel: 33-(0)1-5689-8100

Fax: 33-(0)1-5689-8101


Italy / Roma

Ufficio Rappresentanza Di Taipei in Italia (URTI), Divisione Economica

Add:Viale Liegi 17, 00198 Roma, Italia

Tel: 39-06-98262800（代表處總機）39-06-98262817

Fax: 39-06-98262803


Switzerland / Bern

Délégation Culturelle et économique de Taipei

Add:Kirchenfeldstrasse 14, 3005 Bern Switzerland

Tel: 41-31-3522715

Fax: 41-31-3522719


[email protected]

Netherlands / The Hague

Economic Division, Taipei Representative Office in the Netherlands

Add:Van Stolkweg 23, 2585 JM, the Hague, the Netherlands

Tel: 31-70-3469552

Fax: 31-70-3600105


[email protected]

Denmark / Copenhagen

Economic Division, Taipei Representative Office in Denmark

Add:Amaliegade 3, 2nd Floor, DK-1256 Copenhagen K, Denmark

Tel: 45-33123505

Fax: 45-33933916


[email protected]

Finland / Helsinki

Economic Division, Taipei Representative Office in Finland

Add:Aleksanterinkatu 17, 4th Floor, Pl 800, 00100, Helsinki, Finland

Tel: 358-9-68294001

Fax: 358-9-68294002


Greece / Athens

Economic Division, Taipei Representative Office in Greece

Add:57 Marathonodromon Avenue, 15452 Psychico, Athens, Greece

Tel: 30-210-6775122

Fax: 30-210-6776708


Spain / Madrid

División Económica, Oficina Económica y Cultural de Taipei en España

Add:C/Rosario Pino 14-16, Planta 18 Dcha, 28020 Madrid, Spain

Tel: 34-91-5701986

34-91-5704718

Fax: 34-91-5709987


[email protected]

Hungary / Budapest

Economic Division, Taipei Representative Office in Hungary

Add:H-1088 RAKOCZI UT 1-3/II BUDAPEST, HUNGARY

Tel: 36-1-266-5154

Fax: 36-1-266-5152


Poland / Warsaw

Economic Division, Taipei Economic and Cultural Office in Poland

Add:Warsaw Financial Center Building ul. Emilii Plater 53, 30th Floor 00-113

Warsaw, Poland

Tel: 48-22-2130072

48-22-2130074

Fax: 48-22-5407028


[email protected]

Turkey / Ankara

Economic Division, Taipei Economic and Cultural Mission in Ankara

Add:Resit Galip Cad., Rabat Sok. No. 16, Gaziosmanpasa, 06700, Ankara, Turkey

Tel: 90-312-4473694

90-312-4367255

90-312-4367256

Fax: 90-312-4460357

90-312-4478465


[email protected]

Russia / Moscow

Economic Division, Representative Office in Moscow for the Taipei-Moscow

Economic and Cultural Coordination Commission

Add:3F., 24/2 Tverskaya Street, Korpus 1, Gate 4, Moscow 125009, Russian

Federation

Tel: 7-495-9563786#11,#13,#16

7-495-9563619

Fax: 7-495-9563623


Czech Republic / Prague

Economic Division, Taipei Economic and Cultural Office in the Czech Republic

Add:Evropska 33c, 160 00 Praha 6, Czech Republic

Tel: 420-233322415（總機）420-233326912（秘書室）Fax: 420-233326910


[email protected]

Austria / Vienna

Economic Division, Taipei Economic and Cultural Office in Austria

Add:Wagramer Strasse 19/11 O.G., A-1220 Vienna, Austria

Tel: 43-1-513-193311

Fax: 43-1-513-7632


Switzerland / Geneva

Permanent Mission of the Separate Customs Territory of Taiwan, Penghu, Kinmen

and Matsu to the World Trade Organization

Add:Permanent Mission of Taiwan to the WTO Avenue de Tournay 7 1292

Chambésy/Geneva Switzerland

Tel: 41-22-545-5352

41-22-545-5353

Fax: 41-22-545-5361


[email protected]

Slovakia Republic / Bratislava

Economic Division, Taipei Representative Office in Bratislava, Slovakia Republic

Add:Mostova 2, 81102, Bratislava, Slovak Republic

Tel: 421-2-5825-3228

Fax: 421-2-5825-3212


Sweden / Stockholm

Economic Division, Taipei mission in Sweden

Add:Wenner-Gren Center, 19tr., Sveavagen 166, S-11346 Stockholm, Sweden

Tel: (+46)-8-348-737

Fax: (+46)-8-348-927


[email protected]

APPENDIX 2 Bureau of Foreign Trade Contact Numbers

Head Office

1 Hu Kou Street, Taipei, Taiwan, ROC

Fax: (02) 23513603 / (02) 23517080

E-mail: [email protected]

Website: http://www.trade.gov.tw

Switchboard

(02) 23510271

Toll-free number

0800-002-571

Director General Office

(02) 23219947

Deputy Director General Office

(02) 23214945 / (02) 23584338

Secretariat

(02) 23216476

Multilateral Trade Affairs Division

(02) 23916258

Bilateral Trade Division I

(02) 23916320

Bilateral Trade Division II

(02) 23219620

Trade Development Division

(02) 23413676

Export/ Import Administration Division

(02) 23212655

Planning Committee

(02) 23577395

Trade Security and Export Control Task Force

(02) 23965355

ECFA Task Force

(02) 33938890

Taipei Exhibition Center Task Force

(02) 33931602

Congressional Liaison Unit

(02) 23931014

Information Management Center

(02) 23935864

Accounting Office

(02) 23218218

Personnel Office

(02) 23219027

Statistics Office

(02) 23965310

Civil Service Ethics Office

(02) 23948528

Trade Promotion Fund Management Committee, MOEA

(02) 23218746

Kaohsiung Branch Office

2F, 103, Chung Cheng 4th Road Kaohsiung, Taiwan, ROC

FAX: (07) 2811396

Switchboard

(07) 2711171-7

Toll-free number

0800-668-682

Director Office

(07) 2611592

By expanding trading territory, maintaining a pivotal trading position,

participating aggressively in international trade organizations and regional

economic integrations, enhancing export to the emerging markets, helping

businesses deploy globally and creating diverse and favorable conditions, BOFT

strives to promote and facilitate Taiwan’s long-term trade and economic growth.

The Development of International Trade in the Republic of China (Taiwan)

(2014 - 2015)

Published by Bureau of Foreign Trade, Ministry of Economic Affairs, R.O.C.

Address 1, Hu Kou St, Taipei, Taiwan, R.O.C.

Website http://www.trade.gov.tw

Telephone (02) 2351-0271

Fax (02) 2351-7080

Art Edition & Printing Owedo Integrated Marketing Co., Ltd.

First Edition November, 2014

Price NT$180

Store

Wu-Nan Culture Enterprise (Issuing Center)

Address: No.6, Chungshan Rd., Taichung City, Taiwan, R.O.C.

TEL: +886-4-2226-0330

Website: http://www.wunanbooks.com.tw

Government Publications Bookstore

Address: 1F, No.209, Sung Chiang Rd., Taipei City, Taiwan, R.O.C.

TEL: +886-2-2518-0207

Website: http://www.govbooks.com.tw

All rights reserved. Any forms of using or quotation, part or all should be

authorized by copyright holder Bureau of Foreign Trade, MOEA.

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