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Taiwan Expo Returns to Thailand To Boost Bilateral Trade Relation

The Bureau of Foreign Trade, part of Taiwan’s Ministry of Economic Affairs (BOFT), and the Taiwan External Trade Development Council (TAITRA), announced the comeback of the fifth Taiwan Expo in Thailand, scheduled for July 20 to 22, 2023, at BITEC Hall 100.

This is the first live Taiwan Expo following the pandemic, intending to fortify the trade and investment relations between Taiwan and Thailand.

This year’s expo, themed “Let’s TIE Together,” will spotlight breakthrough products and solutions from Taiwan, spanning domains like Smart City, Smart Medical, EV, Circular Economy, and Intelligent Lifestyle.

There will be 170 Taiwanese exhibitors facilitating global trade and displaying their state-of-the-art products and technologies.

Various events such as One-on-One Business Match Meetings, Industry Forums, Seminars, and Product Launch Conferences will be arranged by the Taiwan Expo to connect with Thai industry frontrunners and stakeholders.

The expo will offer Thai enterprises the chance to tap into the newest technologies, intelligence, and insights, expediting their growth and business networks.

As stated by Ms. Tiffany Chen, the Deputy Executive Director of the Taiwan External Trade Development Council (TAITRA), Taiwan Expo presents the latest products and solutions aligned with Thailand’s government policies, market demands, and consumption trends.

“Taiwan Expo is an excellent opportunity to foster bilateral trade and investment between Taiwan and Thailand”,  Ms. Chen revealed.

In the year 2022, Taiwan ranked as the 11th largest trading associate of Thailand, accounting for 2.8% of Thailand’s global trade volume.

Taiwan invested a total of 44 projects, with a cumulative investment sum of 1.3 billion US dollars, making it the fourth-largest foreign direct investor in Thailand.

These statistics highlight the growing economic and trade interactions between Taiwan and Thailand.

The comeback of the Taiwan Expo is a prime occasion to stimulate business alliances, exchange innovative ideas, and nurture the beneficial relationship between Thailand and Taiwan, Mr. Duangdej Yuaikwamdee stated.

Mr. Duangdej Yuaikwamdee serves as the Director of Exhibitions Department of the Thailand Convention and Exhibition Bureau (TCEB).

Mr. Nick Ni, the Director of the Economic Division of the Taipei Economic and Cultural Office in Thailand (TECO) said, “I believe the Taiwan Expo in Bangkok from July 20-22 will further strengthen the bilateral economic and trade links and the bilateral relationship.”

Major Taiwanese electronics firms like New Kinpo Group, Foxconn Technology Group, Quanta Computer, Chicony Electronics, and Delta Electronics, have already invested in Thailand.

This indicates a considerable potential for future collaborations between Taiwan and Thailand.

The Taiwan Expo serves as an instrumental platform for fostering robust business collaborations between Thailand and Taiwan, reflecting their enduring association.