TEHRAN: Commissioned by the Ministry of Economic Affairs, the Taiwan External Trade Development council (TAITRA) is leading a trade delegation of 26 well-established Taiwanese suppliers representing various industries who are in Kuwait until November 2, 2015. The purpose of this visit is to facilitate business cooperation between the 26 Taiwanese delegates and their counterparts in Kuwait.
This upcoming trip also aims at furthering trade relations between Taiwan and Kuwait. Reaching the trade exchange between the two countries to 8.6 billion US dollars, and import Kuwait from Taiwan arrived in the first quarter of last year’s to $230 million, while increased in the first quarter of this year by 32%.
Having made great strides in strengthening its major industries, Taiwan is now considered a technologically advanced manufacturing powerhouse.
