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Published Date: 2019-04-05
Trade between Taiwan and Italy hit a record high in 2018, reaching a total value of more than US$5 billion.
During a press conference, Taiwan’s representative to Italy, Andrea Lee, said that Taiwan is Italy’s fifth-biggest Asian trade partner. He said Taiwanese companies invested close to US$800 million in Italy last year, and that this figure is likely to keep growing.
Lee also said Taiwan’s EVA Air is looking to start flights between Taipei and Milan, which will facilitate bilateral exchanges.
However, he said that a tourism imbalance remains between the two countries. Each year, around 200,000 Taiwanese nationals visit Italy. By contrast fewer than 20,000 Italians come to Taiwan. Lee said he hopes Taiwan’s office in Italy will work to promote Taiwan’s tourism industry.