Mar 23, 2017MarketComments Off on TAITRA, Utah sign MOU on cooperation
Taipei--The Taiwan External Trade Development Council (TAITRA) signed a memorandum of understanding on cooperation with the U.S. state of Utah in Taipei on Thursday.
Through the agreement with Utah, TAITRA is hoping to help Taiwanese businesses strengthen their cooperation with their Utah counterparts, with a focus on bio-technology, information technology, and space and defense industries, said Walter Yeh (???), president and CEO of the trade promotion body.
Also on Thursday, Utah's Office of Economic Development held a briefing in Taipei to share information on business opportunities in the state.
Utah has been named by Forbes magazine as the best U.S. state for business six times in recent years and is actively promoting its bio-technology, software, information technology, financial services and tourism industries, according to TAITRA.
Taiwan, which has maintained sister city ties with Utah for 37 years, is currently the state's third-largest trade partner in Asia and its six-largest trade partner worldwide, TAITRA said.