Brunei and Taiwan forging closer ties

TaiwanBrunei Economic Development Board (BEDB) last week met with the Taiwan Ministry of Economic Affairs (MOEA) in Taiwan and agreed to strengthen bilateral trade and economic cooperation.

According to The Brunei Times, the two parties agreed to establish a permanent “communications window” to facilitate the exchange of investment information, and to assist factories and companies from both sides in carrying out investment activities.

The BEDB visited green energy, pharmaceutical, and food processing factories in Taiwan, and hosted two investment seminars for Taiwan businesses interested in opportunities in Brunei. The MOEA invited the BEDB to host future seminars in Taiwan with executives from Brunei companies, who could speak about their activities and make their pitches to Taiwan investors directly.

On Wednesday, July 31, the Taiwan External Trade Development Council (TAITRA), Taiwan’s main trade promotion organisation, announced that it will lead two trade delegations to Brunei and participate in an exhibition there later this year with the aim of boosting Taiwan’s exports to Brunei. TAITRA said that Taiwan plans to use Brunei as a gateway to ASEAN and other Muslim markets.

TAITRA is currently planning to lead the two trade delegations in September. One of them will be exclusively for opportunities in the halal food sector. TAITRA will also lead several Taiwan companies from various industries to Brunei in October to take part in a commercial exhibition. TAITRA said in a statement that Brunei, as an emerging market rich in natural gas and oil, can be a stepping stone for Taiwan in the island’s efforts to join regional economic blocs, such as the Regional Comprehensive Economic Partnership and the Trans-Pacific Partnership Agreement.



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Brunei Economic Development Board (BEDB) last week met with the Taiwan Ministry of Economic Affairs (MOEA) in Taiwan and agreed to strengthen bilateral trade and economic cooperation. According to The Brunei Times, the two parties agreed to establish a permanent “communications window” to facilitate the exchange of investment information, and to assist factories and companies from both sides in carrying out investment activities. The BEDB visited green energy, pharmaceutical, and food processing factories in Taiwan, and hosted two investment seminars for Taiwan businesses interested in opportunities in Brunei. The MOEA invited the BEDB to host future seminars in Taiwan with...

TaiwanBrunei Economic Development Board (BEDB) last week met with the Taiwan Ministry of Economic Affairs (MOEA) in Taiwan and agreed to strengthen bilateral trade and economic cooperation.

According to The Brunei Times, the two parties agreed to establish a permanent “communications window” to facilitate the exchange of investment information, and to assist factories and companies from both sides in carrying out investment activities.

The BEDB visited green energy, pharmaceutical, and food processing factories in Taiwan, and hosted two investment seminars for Taiwan businesses interested in opportunities in Brunei. The MOEA invited the BEDB to host future seminars in Taiwan with executives from Brunei companies, who could speak about their activities and make their pitches to Taiwan investors directly.

On Wednesday, July 31, the Taiwan External Trade Development Council (TAITRA), Taiwan’s main trade promotion organisation, announced that it will lead two trade delegations to Brunei and participate in an exhibition there later this year with the aim of boosting Taiwan’s exports to Brunei. TAITRA said that Taiwan plans to use Brunei as a gateway to ASEAN and other Muslim markets.

TAITRA is currently planning to lead the two trade delegations in September. One of them will be exclusively for opportunities in the halal food sector. TAITRA will also lead several Taiwan companies from various industries to Brunei in October to take part in a commercial exhibition. TAITRA said in a statement that Brunei, as an emerging market rich in natural gas and oil, can be a stepping stone for Taiwan in the island’s efforts to join regional economic blocs, such as the Regional Comprehensive Economic Partnership and the Trans-Pacific Partnership Agreement.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

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