Taiwan eyeing expanded trade with Lithuania amid growing ties

Published 2021년 9월 15일

Tridge summary

Taiwan is looking to enhance its trade relations with Lithuania, particularly in agriculture and technology. A Taiwan-Lithuania sourcing meeting was held online, leading to discussions between 24 Lithuanian food companies and their Taiwanese counterparts. Products like chocolates and alcoholic drinks from Lithuania are under consideration for import by Taiwanese retailers. The trade volume and diversity are expected to expand, with Taiwan's imports from Lithuania likely to grow in value and volume. A trade delegation led by Kung Ming-hsin, chief of Taiwan's National Development Council, is scheduled to visit Lithuania next month.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Taipei, Sept. 15 (CNA) Taiwan is looking to step up its trade relations with Lithuania, particularly in the fields of agriculture and technology, the Taiwan External Trade Development Council (TAITRA) said Wednesday. Commenting on a Taiwan-Lithuania sourcing meeting held online during the day, TAITRA Chairman James Huang (黃志芳) said the two sides are hoping to expand their trade volume and diversity, as they build closer ties. Lithuania has a competitive agricultural industry, known for products such as chocolates and beer, and also has great strengths in the areas of laser and financial technologies, Huang said. TAITRA, which hosted the sourcing meeting, will be working to promote high-quality food from Lithuania, in line with the focus by the two sides on expanding bilateral agricultural trade, he said. About 60 business matchmaking discussions between 24 Lithuanian food companies and their Taiwanese counterparts were held during the meeting, Huang said. The Taiwan participants, ...

Source: Focustaiwan