DUSHANBE, September 10, 2015, Asia-Plus — A conference of representatives of the business communities of Tajikistan and Taiwan will take place in Dushanbe from October 14-16.
The event is reportedly organized by Tajikistan’s Chamber of Commerce and Industry (CCI) and the Taiwan External Trade Development Council (TAITRA)’s office in Almaty (Kazakhstan).
According to the CCI press center, the main objective of the forum is in promoting establishment of economic and trade cooperation between Tajikistan and Taiwan.
Taiwanese delegation will be led by director of TAITRA’s office in Almaty.
The conference participants are expected to discuss opportunities of establishment and expansion of economic and trade cooperation between companies of the countries. The event is expected to result in signing of a number of cooperation documents, the source said.
According to the data of the Agency for Statistics under the President of Tajikistan, a two-way trade between Tajikistan and Taiwan over the first six months of this year has amounted to only 32,000 U.S. dollars, which was 73 percent fewer than in the same period last year.
The Taiwan External Trade Development Council (TAITRA) is a non-profit government co-sponsored trade promotion organization. Founded in 1970, TAITRA assists Taiwan businesses and manufacturers to reinforce their international competitiveness and to cope with the challenges they face in foreign markets.
Cooperating with Far East Trade Services, Inc. (FETS) and the Taipei World Trade Center (TWTC), its sister organizations, TAITRA has striven to adapt its trade promotion strategies to the changing international conditions. Its major functions include: Market Research & Information Service, Market Development, Exhibition & Convention Service, Trade Education and Web Service.
Taiwan is a state with limited recognition in East Asia. The quick industrialization and rapid growth of Taiwan during the latter half of the 20th century has been called the “Taiwan Miracle”. Taiwan is one of the “Four Asian Tigers” alongside Hong Kong, South Korea and Singapore.
Today Taiwan has a dynamic, capitalist, export-driven economy with gradually decreasing state involvement in investment and foreign trade. In keeping with this trend, some large government-owned banks and industrial firms are being privatized. Real growth in GDP has averaged about 8% during the past three decades. Exports have provided the primary impetus for industrialization. The trade surplus is substantial, and foreign reserves are the world”s fifth largest.
