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Taiwan has become Utah’s fifth-largest export destination and is a valuable gateway to other Asian countries, according to a Taiwan Trade and Technology seminar held Tuesday afternoon.
In 2011, Utah exported nearly $700 million in goods to Taiwan, said Brett Heimburger, Asia-Pacific regional director at the Governor’s Office of Economic Development (GOED). Taiwan is also the fifth-largest source of international students studying in the United States, he said. The seminar was sponsored by World Trade Center Utah, GOED and the Taipei Economic and Cultural Office in San Francisco.
Taiwan Gov. Lin Junq-Tzer said he has been touring Utah as part of the 32nd anniversary of the Utah-Taiwan sister-state relationship. He said the two have a lot to offer each other in terms of trade and culture. “May the connections you make today flourish in the years to come,” he said.
Not only is Taiwan a valuable connection by itself, but Heimburger said it’s also “an important gateway to mainland China.”
Jer Chin Lee, executive director of the Taiwan Trade Center, pointed out that Taiwan is a leading provider of information computer technology products, holding leading worldwide market shares in several products. He said the country is excited to help companies work in or trade with Taiwan and has many services available for support.
“The bottom line is we help business people make money,” Lee said. Taiwan has strong industrial clusters across the country, a highly skilled and educated workforce, and is a gateway to China and other Asian markets.
The work Taiwan is doing both in and out of the country is “spectacular,” Heimburger said. “I’m always amazed at how a country of just 23 million people can have such an impact.”