Time right for US trade pact: TAITRA

BUSINESS DAY: A business matching event between 12 US companies and 108 local suppliers led to US$168.3 million in new business opportunities, the trade body said

Taipei Times
Date: Oct 05, 2018
By: Ted Chen  /  Staff reporter

Taiwan External Trade Development Council (TAITRA, 外貿協會) Vice Chairman Chuang

Wyoming Governor Matthew Mead, fifth left, Vice Minister of Economic Affairs Wang Mei-hua, fifth right, and Taiwan External Trade Development Council Vice Chairman Chuang Suo-hang, center, attend the opening ceremony of the seventh annual US Business Day in Taipei yesterday.  Photo: CNA

Suo-hang (莊碩漢) yesterday said that now is the time to pursue a bilateral trade agreement with the US as a new paradigm in global commerce emerges.

The global landscape has shifted rapidly under US President Donald Trump’s administration and Taiwan is prepared to prosper alongside its second-largest trade partner, Chuang said at the launch of the seventh annual US Business Day to promote and support bilateral business cooperation.

The event facilitates business matches between 12 companies from six US states and 108 Taiwanese suppliers.

A majority of the visiting US companies are in the manufacturing business, including hand tool maker Stanley Black & Decker Inc, underlining Taiwan’s strategic position in Trump’s push for US-made products and preference for bilateral trade deals, Chuang said.

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