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EU-Taiwan Trade Expo Brings US$80 Million in Business

Source: Taiwantrade | Updated: 26 October 2012

"We are very happy to promote the development of both imports and exports between the EU and Taiwan," Frederic Laplanche, head of the European Economic and Trade Office (EETO), said during his opening remarks at the one-day expo.

Total EU-Taiwan trade will likely fall this year (2012), and that should make the two sides work even harder to facilitate trade and remove barriers, he said.

In the first nine months of the year, Taiwan's exports to the EU fell by 10 percent year-on-year, said the Taiwan External Trade Development Council, Taiwan's top trade promoter, which organized the event.

In an effort to help Taiwanese businesses regain market share in the EU, the council invited some 79 buyers and seven sellers from the EU to meet with Taiwanese representatives at the expo.

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