TWTC, TECO, LAEDC launch Taiwan-L.A. County trade

Apr 20, 2015

TAIPEI, TAIWAN - The Taipei Economic and Cultural Office in Los Angeles (TECO) and the Los Angeles County Economic Development Corporation (LAEDC) recently announced the upcoming publication of a comprehensive report titled “Growing Together: Taiwan and Los Angeles County”.

World Trade Center Taipei, Taiwan’s top trade promotion body played the important role of co-editor in the preparation of the report. As a major promoter of trade and cooperation between Taiwan and Los Angeles County, WTC Taipei contributed to the report by providing insightful market analysis and worked with LAEDC during the editing process. As the joint collaborators, WTC Taipei and WTC Los Angeles were credited on the cover of the hundred-page report.

To celebrate the upcoming publication of the report, a preview reception was held by TECO and LAEDC at the LA Area Chamber of Commerce in Downtown Los Angeles, on March 31st, 2015. The Director of Taiwan Trade Center, Los Angeles, Moses Yen, attended the event on behalf of WTC Taipei, and delivered a message from the chairman of WTC Taipei, Francis K. H. Liang, congratulating the hosts on their work.

“This report is a valuable work that will initiate tremendous business opportunities and bring in an abundance of mutual benefits for our bilateral trade,” Liang said in the message. “As the Taiwanese government looks forward to further integrating Taiwan into the global economy, we are continuing to advocate for our participation in key multinational trade bodies, such as the Trans-Pacific Partnership (TPP).” he added.

Taiwan is currently the fourth largest trading partner of Los Angeles County, the top gateway for Taiwan-U.S. trade. According to the upcoming report, investment into L.A. County from Taiwan has increased by 30 percent over the past six years. Moreover, the report will offer insights into how the trade and investment relationship between the county and Taiwan generates mutual benefits for the two economies.

PHOTO : The cover of the report “Growing Together: Taiwan and Los Angeles County”