Featuring a buyer/ seller program
In helping potential businesses from the U.S. tap into Taiwan’s global supply chain support, and vice versa, the MOEA and the TAITRA hosted the first U.S. Business Day in Taipei in 2012. It also provides reimbursement to qualified buyers and sellers for travel expenses incurred during their procurement visits in Taiwan to encourage U.S. buyers and sellers to do business with Taiwan.
The program was implemented as Boston Consulting Group survey in April 2012 found more than one-third of U.S.-based manufacturing executives planned or considered to re-shore production to the United States. Since President Trump took office in January 2017, the Trump administration has pushed to keep manufacturing in the United States, striving to “Make America Great Again”. The best partner in assisting U.S. companies to achieve this goal is Taiwan, as an integral part of the world’s supply chain network, Taiwan’s clusters have formed a solid foundation to provide value-added production with efficient and flexible services.
On the invitations of the MOEA and the TAITRA, 13 and 5 sellers took part in 2016 event. The incentives provided included free accommodation, customized one-on-one meetings organized by TAITRA, etc. This event will be held in Taipei for the sixth time this year hoping to strengthen the bilateral trade between Taiwan and the U.S.