Many of you will be familiar with BTCO's Commercial Section. Some of you may not be so familiar with the branding under which all export and investment-related activity from the UK to Taiwan takes place -- UK Trade and Investment. UK Trade and Investment is a unified body that was created to assist British business access opportunities in overseas markets. Here in Taiwan, there are 14 staff devoted solely to that purpose.
There are a number of ways in which BTCO can help bring together Taiwanese importers and British exporters and investors. We are proactive in a number of sectors and provide assistance on all other sectors. The key sectors which provide opportunities for British companies are agriculture, biotechnology and pharmaceuticals, clothing and fashion, communications, creative and media, education and training, electronics and IT, environment, financial services, fire, police and security, food and drink, healthcare and medical, leisure and tourism and finally marine.
BTCO also provides a lot of help for local businesses here in Taiwan, such as Provide assistance with identifying potential business partners in the UK; Supply information on trade shows in the UK; Give ad-hoc assistance in sourcing UK products; Tell you about trade missions that are going to the UK; Tell you about trade missions that are coming to Taiwan; Provide information about working with British companies; Work in collaboration with local bodies to hold seminars on target sectors, etc.
Investing in the UK
UK Trade & Investment's Inward Investment Section's role is to attract, retain and add value to Taiwanese investment into the UK. A team of three staff work (with the UK Development Agencies) to assist potential and existing Taiwanese investors.
The Inward Investment Section offers a free and confidential service covering all aspects of locating in the UK. Practical advice and assistance is offered on location of premises, setting up and registering a company, recruitment, etc. Visit programmes to the UK can also be arranged.
There are already over 180 Taiwanese firms with an active presence in the UK. Twenty of these have their European manufacturing bases in Britain (accounting for 70% of Taiwanese manufacturing investment in Europe). Nine of Taiwan's financial institutions are represented in the UK, including the Central Bank of China, which has its European base in London.
If you would like to find out more do access our website at www.btco.org.tw.
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