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Published Date: 2021-10-05
The tenth annual
US Business Day is commencing on Tuesday. Both Taiwan and US representatives
plan on discussing future business opportunities related to 5G networks, clean
energy resources, and electric vehicles.
The head of Taiwan
External Trade Development Council (TAITRA) James Huang says that Taiwan's
international status has improved due to how it has handled the COVID-19
pandemic. Therefore, when American consumerism began to restabilize post-2020,
Taiwanese products began to see greater popularity in the American market.
This positive
trend in US-Taiwan relations has continued through the change in leadership
from Donald Trump to President Joe Biden.
Huang says if
Taiwanese businesses want to compete for opportunities in the US market, they
need to learn how to further develop their manufacturing and investment
opportunities. Taiwan plans to send enterprise representatives to tour some of
the leading businesses in the US next year to learn from their models and
strengthen international partnerships.
TAITRA will host
the Taiwan Expo in the US next year for the first time. It aims to showcase
Taiwanese products and encourage business and cultural exchanges.