TAIPEI (Taiwan News) — The Bureau of Foreign Trade of Taiwan’s Ministry of Economic Affairs estimates that a matchmaking event between Taiwanese and Lithuanian businesses on Thursday (Oct. 29) will generate over US$10 million (NT$278 million) worth of commercial opportunities.
The conference featured over 240 talks and covered a variety of industries, with conversations on agricultural, lasers, and opto-electronic sectors being particularly fruitful, according to a CNA report.
More than 150 Lithuanian enterprises attended the event — held both virtually and in person — to discuss partnerships with visiting members of Taiwan's 66-member trade delegation.
The delegation, led by National Development Council Minister Kung Ming-hsin (龔明鑫), arrived in Lithuania on Tuesday (Oct. 27). The Baltic country is just one of the stops on the delegation’s tour of Europe, which has also included Slovakia and the Czech Republic.
Each of these three countries donated vaccines to Taiwan this year, which has boosted bilateral ties, according to Reuters.
Jan Hung-tze (詹宏志), chairman of e-commerce platform PChome Online, said at the event that PChome will soon launch a dedicated gallery showcasing a number of Lithuanian items in an effort to make them more easily available to Taiwanese consumers.