TAIPEI — A business meeting will take place in Taipei later this week in an effort to promote trade between Taiwan and Portugal, during which a delegation from the European country’s leading business association will hold discussions with Taiwanese businesspeople.
The Taiwan-Portugal Joint Business Council Meeting is slated for Nov. 4 and will aim to explore ways to strengthen bilateral trade ties and establish cooperative mechanisms, Taiwan’s representative office in Portugal said in a recent statement.
It also described the event as a significant step ahead in bilateral ties that will help Taiwanese businesses learn more about opportunities in the Portuguese-speaking markets.
The Portuguese delegation, which will arrive in Taiwan Monday, is led by Paulo Nunes de Almeida, president of the Portuguese Business Association, said the Taipei-based Chinese International Economic Cooperation Association, which is the organizer of the meeting.
De Almeida and Chien Han-sun, vice chairman of the Chinese International Economic Cooperation Association, are set to deliver opening remarks at the meeting, which will be followed by Taiwanese economic officials talking about the investment opportunities in Taiwan, it said.
Meanwhile, representatives of Portuguese businesses will hold briefings on the investment environment in Portugal and in other Portuguese-speaking countries, the organizer said.
A wine tasting event will also be held Nov. 4 to promote products from Portugal, the statement said.
The Portuguese delegation will be comprised of 23 members from the banking, real estate, medicine, tourism, wine, olive oil, architecture, health care and other sectors, it said.
During a visit that will last until Nov. 6, the Portuguese delegation will also visit the Taiwan External Trade Development Council (TAITRA, �T��), the country’s main trade promotion body, and other business associations in the tourism, medical equipment and construction sectors, it added.
Their itinerary also includes visits to several local banks, the state-run oil company CPC Corp. (���o), the Industrial Technology Research Institute (�u���|), and ASUSTeK Computer Inc. (�غӹq��), it said.
The Portuguese Business Association, which was founded in 1849, consists of 1,600 companies. It is said to be one of the most influential business associations in Portugal.
Bilateral trade between Taiwan and Portugal was pegged at US$263.08 million last year, much lower than trade between Taiwan and other European countries, according to the statement issued by Taiwan’s representative office in Portugal.