Tag: Taipei Economic and Cultural Office

Taiwan to shows commitment in economic integration at APEC

Press Release – Taipei Economic and Cultural Office Taiwans commitment to expanding its participation in regional economic integration and development will be highlighted at the upcoming Asia-Pacific Economic Cooperation Economic Leaders Meeting, former Vice President Vincent C. Siew said during a …5 November 2014 APEC meeting a chance for Taiwan to shows its commitment in regional economic integration and development Taiwan’s commitment to expanding its participation in regional economic integration and development will be highlighted at the upcoming Asia-Pacific Economic Cooperation Economic Leaders’ Meeting, former Vice President Vincent C. Siew said during a news conference in Taipei City. Mr Siew is President Ma Ying-jeou’s special envoy for the Nov. 10-11 meeting in Beijing, mainland China. 21 political leaders will be attending this year’s APEC meeting, including New Zealand’s Prime Minister John Key. Siew is leading a delegation comprising officials from the ministries of economic and mainland affairs, National Development Council, as well as representatives from the private sector. According to the ex-vice president, Taiwan took a central role in promoting nine APEC initiatives this year. These endeavors span areas in which it commands a leadership position, such as health and medical care, small and medium enterprises, as well as enhanced disaster prevention through information and communications technology. “These achievements fully underscore the country’s economic and technological prowess,” Siew said. “They also show that Taiwan is ready, willing and able...

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Taiwan-NZ trade agreement to take force

Press Release – Taipei Economic and Cultural Office An economic cooperation agreement concluded between Taiwan and New Zealand four months ago will enter into force Dec. 1, according to the Ministry of Economic Affairs Nov. 20.Taiwan-NZ trade agreement to take force An economic cooperation agreement concluded between Taiwan and New Zealand four months ago will enter into force Dec. 1, according to the Ministry of Economic Affairs Nov. 20. The Agreement between New Zealand and the Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu on Economic Cooperation (ANZTEC)—signed July 10 in Wellington—is Taiwan’s first free trade pact with a nondiplomatic ally. “The Taipei Economic and Cultural Office in Wellington and the New Zealand Commerce and Industry Office in Taipei have completed their respective processes,” MOEA Deputy Minister Liang Kuo-hsin said. “All relevant government agencies will ensure effective implementation of the pact and maximize its effects,” he said, adding that the government is drafting more policies facilitating greater economic integration for Taiwan. The ANZTEC represents a milestone in government policymaking efforts aimed at building up Taiwan while linking with the Asia-Pacific region and creating a global presence, according to the MOEA. Effective Jan. 1, 2014, tariffs will be removed on 95.2 percent of imports from New Zealand, while those on the remaining items, excluding rice, will be cut to zero over a period of 12 years. Tariffs on all...

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