We look forward to seeing more cross-border and cross-sector collaborations, creating synergies and prosperity in both economies.”ĭuring his visit, Mr Baird also shared the London Olympics legacy when he met with Taipei City Mayor Hau Lung-bin in supporting Taiwan for 2017 Universiade and the bid for the 2016 World Design Capital to transform Taipei into a creative city. I see huge potential for the UK and Taiwan to establish partnerships for the bilateral business growth. The partnership between Grimm Press, Penguin and leading artists such as Babette Cole is a great example of what can be achieved between Taiwanese and British companies. He said: “The UK is the world’s largest exporter and re-exporter of books by value, and publishing is the UK’s biggest creative sector. The companies leverage their strength between partners and choose the UK as a platform for joint production and promotion of children’s digital content market. The British Trade & Cultural Office and Ministry of Economic Affairs will also co-host the 8th roundtable discussion on “UK-Taiwan Offshore Wind and Marine Energy” in Manchester, UK on 12 June.Įmphasising the UK is the leading European destination for foreign direct investment, Mr Baird announced that Grimm Press, the leading children’s book publishers in Taiwan and an investor since 2012, has closed licensing deals with Penguin books UK, to enrich the content portfolio on Grimm’s kid tablet, Booki, debuted and well received in this year’s London Book Fair. They will meet with UK government departments such as the Department of Energy and Climate Change (DECC) and Department for Business, Innovation and Skills (BIS) to exchange views on how the UK government works with UK renewable industries to build the largest wind farm development in the world. A Taiwan delegation consisting of 15 major companies and academics will be visiting the UK next week. On renewable energy business, the collaboration between the UK and Taiwan has been growing ever closer.
to collaborate on enhancing railway efficiency and the other is between the UK Railway Industry Association and Chung-Hwa Railway Industry Development Association on information exchange. One is between Funkwerk Information Technologies York Ltd and China Engineering Consultants, Inc.
UK service exports to Taiwan have grown at an average of 14% per year over the last decade and reached £1bn in 2011, the last year for which we have records.Īt the TBBC annual meeting, Mr Baird witnessed the signing of two Memorandums of Understanding (MoU).
UK goods exports to Taiwan totalled £1.15 billion last year, the second highest figure ever. The bilateral trade in goods between the UK and Taiwan in 2012 reached £5.13 billion, the highest figure ever. The UK is Taiwan’s 3rd largest trading partner in Europe. The UK is an important bilateral trading partner and major investor in Taiwan. He also made a keynote speech on UK/Taiwan commercial relations and opportunities for growth at the Taiwan-Britain Business Council (TBBC) annual meeting on 4 June. Mr Nick Baird, Chief Executive of UK Trade and Investment (UKTI), visited Taiwan on 3-5 June to further bilateral trade and investment links between the UK and Taiwan.ĭuring the visit, Mr Baird supported UK companies keen to participate in rail and renewable energy projects in Taiwan, led the UK side at the UK-Taiwan bilateral trade talks, and promoted investment opportunities to Taiwanese companies.