Minister of Economic Affairs J.W. Kuo (郭智輝) returned to Taiwan yesterday following a trip to Germany and the Czech Republic to promote industrial cooperation, the Ministry of Economic Affairs said.
In a statement, the International Trade Administration (ITA) under the ministry said Kuo attended the inauguration of the Taiwan Trade and Investment Center in Prague on Thursday.
He also witnessed the signing of a memorandum of understanding (MOU) pledging to set up industrial clusters and promote business opportunities — in order to boost collaboration between Taiwan and the Czech Republic.
Photo courtesy of the Ministry of Economic Affairs via CNA
The MOU was signed by Representative to the Czech Republic Ke Liang-ruey (柯良叡) and Czech Economic and Cultural Office in Taipei representative David Steinke, according to the ITA.
The statement noted that the trade and investment center in Prague would be Taiwan’s first overseas investment service hub.
Under the MOU signed on Thursday, the center would enable Taiwan and the Czech Republic to collaborate in providing one-stop services for Taiwanese investors seeking opportunities in the European country.
The ITA added that the Czech Republic has a geographic advantage in Europe, a large pool of tech talent, prestigious research institutions, a sound industrial foundation and solid technological strength.
The European country has strong support from its government in technology development. This has led to it becoming one of Taiwan’s key European partners in terms of industrial cooperation, the ITA said.
Taipei would use Prague as a hub to seek other business opportunities in the European market, the ITA added.
During his stay in the Czech Republic, Kuo also met with Czech Senate President Milos Vystrcil, Marek Benda, who is a member of the Czech Chamber of Deputies and chairperson of the body’s Taiwan friendship group, as well as other Czech government officials to discuss bilateral economic exchanges, the ITA said.
Kuo’s visit to Prague was part of his trip to Germany and the Czech Republic on Wednesday and Thursday.
Before Kuo visited the Czech Republic, he went to Dresden in the German state of Saxony. Taiwan Semiconductor Manufacturing Co started constructing a new 12-inch wafer fab in the city in August, through a joint venture called European Semiconductor Manufacturing Co.
The Dresden plant is scheduled to launch mass production at the end of 2027, focusing on automotive and industrial applications.
Kuo also met with Dresden Mayor Dirk Hilbert and the Saxony Minister-President Michael Kretschmer to gain a better understanding of the investment environment. He called for the Saxony authorities to assist Taiwanese entrepreneurs where necessary.
According to the ITA, Taiwan has long played a critical role in global supply chains and made important contributions to a wide range of tech development.
That, along with Taiwanese semiconductor suppliers extending their global reach, means that many related small and medium-sized Taiwanese businesses are setting their sights on the European market.
Prosecutors in New Taipei City yesterday indicted 31 individuals affiliated with the Chinese Nationalist Party (KMT) for allegedly forging thousands of signatures in recall campaigns targeting three Democratic Progressive Party (DPP) lawmakers. The indictments stem from investigations launched earlier this year after DPP lawmakers Su Chiao-hui (蘇巧慧) and Lee Kuen-cheng (李坤城) filed criminal complaints accusing campaign organizers of submitting false signatures in recall petitions against them. According to the New Taipei District Prosecutors Office, a total of 2,566 forged recall proposal forms in the initial proposer petition were found during the probe. Among those
ECHOVIRUS 11: The rate of enterovirus infections in northern Taiwan increased last week, with a four-year-old girl developing acute flaccid paralysis, the CDC said Two imported cases of chikungunya fever were reported last week, raising the total this year to 13 cases — the most for the same period in 18 years, the Centers for Disease Control (CDC) said yesterday. The two cases were a Taiwanese and a foreign national who both arrived from Indonesia, CDC Epidemic Intelligence Center Deputy Director Lee Chia-lin (李佳琳) said. The 13 cases reported this year are the most for the same period since chikungunya was added to the list of notifiable communicable diseases in October 2007, she said, adding that all the cases this year were imported, including 11 from
China might accelerate its strategic actions toward Taiwan, the South China Sea and across the first island chain, after the US officially entered a military conflict with Iran, as Beijing would perceive Washington as incapable of fighting a two-front war, a military expert said yesterday. The US’ ongoing conflict with Iran is not merely an act of retaliation or a “delaying tactic,” but a strategic military campaign aimed at dismantling Tehran’s nuclear capabilities and reshaping the regional order in the Middle East, said National Defense University distinguished adjunct lecturer Holmes Liao (廖宏祥), former McDonnell Douglas Aerospace representative in Taiwan. If
The Mainland Affairs Council (MAC) today condemned the Chinese Communist Party (CCP) after the Czech officials confirmed that Chinese agents had surveilled Vice President Hsiao Bi-khim (蕭美琴) during her visit to Prague in March last year. Czech Military Intelligence director Petr Bartovsky yesterday said that Chinese operatives had attempted to create the conditions to carry out a demonstrative incident involving Hsiao, going as far as to plan a collision with her car. Hsiao was vice president-elect at the time. The MAC said that it has requested an explanation and demanded a public apology from Beijing. The CCP has repeatedly ignored the desires
RSS