KUWAIT: 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. The nation is home to key manufacturers and suppliers of various products, including IT components, industrial machinery, steel products, medical devices, healthcare products, auto parts and equipment and house wares.
For this event, TAITRA has arranged a series of trade meetings in Kuwait to give the local buyers and small medium enterprises valuable platform to discuss business with the participating Taiwanese companies and corporate with them to exchange experience to developing. Taiwanese suppliers will bring the latest products’ information as well as the most innovative samples with them, including a variety of baby related products, hardware and building materials, machinery, steel and tinplate, swage pumps, seafood, Information service, etc.
TAITRA by its permanent office in Kuwait (Taiwan Trade Center, Kuwait) which located in the second tower of Mazaya in sharq, ninth floor, it arranged full day trade meeting yesterday at Sheraton Hotel, Al-Dana Ballroom.
The range of products to be presented is as follows:
IT, Electronic and Communication: Communication Encryption, Data Encryption, Digital signage players, Digital signage servers, managing software, barcode scanner.
Automotive Accessories, Industrial products, Machinery and Equipment: Safety Belt Tonsure, Washer, Cable Assy, Stamping part, Rubber Conveyor Belt, Rubber sheet, Centralized Lubrication Systems with Peripherals and Accessories, Industrial AC/DC fan, Axial/ Centrifugal Fan, 3D Printing Machine.
Health Care and Medical Products: skin care, body care hair care, sunscreen, spa, makeup, dental floss pick, interdental brush, bottle cleaning brush, wet wipes, cotton buds, fitness equipment, measuring tools.
Building materials and products, Display, Fastener, Industrial and petro chemical hardware: Safety Valve, Pressure Reducing Valve, Control Valve, Solenoid Valve, Electric/ Pneumatic/ Hydraulic Actuator, Electric/ Pneumatic Actuator. Sliding door parts, Folding door parts, shop fittings, commercial display products, support hardware, hinge, handle and rail, plastic shelving, drawer cart, KD bin, toilet brush, caster, (T grids ceiling system)(building materials)(Chemical glue), Fastener, screw, nut, pin, rivet, stud.
Electrical and power: LED light, industrial fan, spot cooler, uninterruptible power supply, PV inverter, solar charge controller, AVR, UPS, Solar inverter, transformer.
Auto parts, Motorcycle, Bicycles and Motor Tricycle: Sport Motorcycle, off road motorcycle, scooter, engine, bicycles, bicycle parts, bicycle accessories, engine parts, brake pad, brake rotor, brake caliper, and multi -purpose motor tricycle.
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At the end of October, I had the opportunity to sit down with Walter Yeh, president and CEO of the Taiwan External Trade Development Council (TAITRA), to discuss the current state of the Taiwan machine tool industry and the initiatives the industry is embracing as it endeavors to increase exports and become more competitive in the world market.
Over the years, machine controls have become increasingly complex. What started out as two hand wheels on the old manual mills has become a full-fledged computer terminal with advanced functionality. Unfortunately, what seems like an advanced system may not be particularly user-friendly.
Long-term partnership to integrate enterprise technologies and an open-access, cloud-based IoT operating system for Fair Friend Group’s 90 brands.
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