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existing in the global economy , many other factors will
also influence Taiwan’s export performance. Such as
whether the US recovery is stable; the impact of raising
interest rates; the restructuring of the mainland Chinese
economy on global supply chains; the uncertainty of the
Eurozone outlook (due to the Greece debt issue) resulting
from the raise of US interest rates, and last, the stability of
the global financial system.
In response to the changing export situation, the Bureau
of Foreign Trade (BOFT) has reinforced its current export
promotion measures and organized over 30 new export
promotion events in the second half of this year. The events include: facilitating more trade groups
to attend overseas trade fairs, dispatching more trade missions abroad to promote their products,
and organizing more industrial cluster sourcing conferences and procurement meetings. Also,
relaxing conditions on incentive granted to foreign buyers attending the procurement events.
Furthermore, the BOFT also continues to employ diversified and innovative export promotion
measures, including assisting Taiwanese businesses to form cooperative alliances with major
distributors abroad to expand into emerging markets and doing innovative marketing. We
anticipate to explore the emerging markets with better tailored and dynamic approaches in light
to maintain our export momentum.
Furthermore, Taiwan is actively seeking to join regional economic integration to improve our
trade competitiveness, and our current focus is on joining the Trans-Pacific Partnership (TPP) and
the Regional Comprehensive Economic Partnership (RCEP). Since US President Obama signed the
Trade Promotion Authority Act (TPA) on June 29 this year, current TPP members can accelerate the
pace of their negotiation and hopefully reach consensus on the TPP agreement by the end of the