Muslim Markets
The Republic of China (Taiwan) aimed at the development of Muslim markets Muslim-oriented markets worldwide are in the focus of Taiwanese export promotion campaign this year are the Republic of China (Taiwan), the economy Ministry announced. A total of 1.6 billion Muslims make up almost a quarter of the global population and have enormous economic potential for Taiwan companies. According to the belonging to the Ministry of Economic Affairs Office of foreign trade, the Cabinet has determined financial services, tourism and trade to target sectors for the strategic promotion. The Taiwanese Ministry of Foreign Affairs will be in responsible for the coordination of market development between the agencies. Minister without portfolio Schive Chi directs a Working Committee which will monitor the implementation of action plans, which were proposed by the relevant agencies. The Taiwanese Ministry of Economic Affairs will local companies in this high-potential markets, through a variety of Support promotion initiatives. One of the first projects is halal Taiwan. Organized by Taiwan External Trade Development Council“(TAITRA), is the four-day exhibition from 26 to 29 June 2013 present in Taiwan, local products and services by halal.
This inaugural event at the same time also includes seminars, with invited speakers from Malaysia and the Middle East. Aim of the seminars is to bring Taiwan’s companies on the latest developments in these markets. We will create incentives for companies accredited by Taiwan’s halal integrity Development Association”want and these companies support in product development and on advertising campaigns, an official had said. Other important scheduled events include 9 tours for the purpose of trade promotion in the second half of the year to Brunei, Malaysia and other Southeast Asian countries. The tourist office designs the Financial Supervisory Commission on increased investment strategies to attract Islamic visitors currently, while for Taiwan’s stock market and hopes for infrastructural projects in these regions.