Latvia and Taiwan

Presented by Amb. R. C. WuRepresentative and Head of the MissionTaipei Mission in the Republic of Latvia

01. 20, 2017, Gulbene, Latvia

Cooperation Opportunities between

Gulbene Municipality and Taiwan

Gulbene Business Forum, 2017

A、A General Profile of Taiwan1、The World’s 38th Largest Island

A、A General Profile of Taiwan2、Compare the Satellite images

Transit cities from Taiwan to Latvia: Frankfurt, Vienna, Rome, Paris, London, and Istanbul

Land area: 36,193 km2

L=394km W=144km

Jade Mountain: 3,952 m

Population: 23 million

Topographic features

- subtropical climate, earthquake, tropical storms, humid & hot

A、A General Profile of Taiwan3、70% are hilly and mountainous

A、A General Profile of Taiwan4、Farms on the Western Plain

A、A General Profile of Taiwan5、Wide varieties of agricultural items

D、Innovative and Friendly Taiwanese6、Taipei 101 Financial Center – the highest green skyscraper in the world

Taiwan – A Successful Story

A、A General Profile of Taiwan7、Downtown of the Capital-Taipei

Taiwan – A Successful Story

A、A General Profile of Taiwan8、An intersection of Taipei City

A、A General Profile of Taiwan9、Traffic scenes in Taipei

A、A General Profile of Taiwan10、Colorful life in Taiwan

B、 Trade between Latvia and Taiwan1、Trade between Taiwan and EU

Taiwan and the European Union are in theprocess of negotiation on the bilateralinvestment agreement

Bilateral trade volume in 2015 was 50.94 billion US$;Taiwan exported to EU 26.50 billion US$ andimported from EU 24.44 billion US$

Taiwan is the EU’s 6th largest trade partner inAsia and 19th largest trade partner in theworld;

B、 Trade between Latvia and Taiwan2、Taiwan and Latvia in Figures

Item Latvia Taiwan

Land Area 64,589 km2 (124th) 36,193 km2 (136th)

Population 1,957,200 (148th) 23,373,517 (53rd)

Annual Trade (2015) Export: EUR 10.37 billion

Import: EIR 12.48 billion

Export: US$ 320 billion

Import: US$ 281 billion

Economic Growth 2.3 (2015) 2.7 (2014) 0.8 (2015) 3.9 (2014)

Income P/C-PPP US $ 25,740 (2016) US $48,703 (2015)

Life Expectancy AV/M/F 74.6/69.6/79.2 (2015) 80.2/77.2/ 83.6 (2015)

Unemployment Rate 9.9 (2015) 10.8 (2014) 3.9 (2015) 3.8 (2014)

Wealth Distribution Gini 35 (2015) medium Gini 33.6 (2014) medium

Human Deve. Index 0.819 (2014) Very High 46th 0.882 Very High 25th

WEF Global Comp. Ranking 44th (2015) 42nd (2014) 14th (2015) 13th (2014)

Airport Operations RIX 5.39 mil. (2016) TPE 38.9 mil. (Intl. 11th)

Traffic Fatalities death/injury/cases 185/4,256/19,700 1696/410,000/300,000

B、 Trade between Latvia and Taiwan3、Trade between Taiwan and Latvia 2015

Latvia

Exports

to Taiwan

4.57 Million

US$

(Total Exp.

11.25 billion

US$ / 0.041 %)

Timber, Processed

Food, Pharmacy,

Unwrought Metals,

Livestock Pasture

Taiwan

Exports

to Latvia

154.00 Million

US$

(Total Exp.

320 billion

US$ / 0.031 %)

Computer

Components,

Electronics,

Automobile Parts,

Bicycles, Machineries

B、 Trade between Latvia and Taiwan4、Mutually Complimentary Status

B、Trade between Latvia and Taiwan5、Business in Gulbene

Goat meat, wooden products, and dried fruitare the potential export items to Taiwan

With a land area of 11,898Km2 and a population of29,797, Gulbene region has 1333 active enterprises,98% of those are micro and small enterprises, thosehave less than 49 employees and annual turnover notmore than EUR 10 million

With Forest sector(50%), agriculture(13%), and foodand beverages(6%), 69% of Gulbene’s enterprises isAgriculture; Taiwan imports more than 70% of itsconsumption of agricultural sector; Agriculture is theoverlapping interest between Gulbene and Taiwan

B、 Trade between Latvia and Taiwan6、Poultry meat and goat meat

Piggery and poultry industries in Latvia are very competitive, (Kekava and Balticovo); avian influenza, new city disease and African swine fever are obstacles

Goat meat is a potential item for Latvia to export to China and Taiwan

B、 Trade between Latvia and Taiwan7、Timber Export to China and Taiwan

More than 1000 containers’ Latvian timbers, such as spruce pines and birches, are exported to China and Taiwan every year, it is feasible to add the value by primarily processed to components for furniture and construction

B、 Trade between Latvia and Taiwan

8、Healthy fruit products

Latvia is blessed of wild fruits, which can be processed for various value-add products, such as dried food, tablet, can juice and fruit wines

B、 Trade between Latvia and Taiwan9、Trade between Taiwan and Latvia

CranberryBlueberry Blackcurrant

Guinces Rhubarb Pumpkin

B、 Trade between Latvia and Taiwan10、Trade exhibitions in Taiwan

Taipei Mission invites Latvian manufacturers to participate in “ Food Taipei 2017 ”

Two Booths

C、 Exchanges and cooperation1、Taiwanese Trade delegations

Functional textile delegation and others participate in trade exhibitions in RIGA COMM 2017 (Advanced Technologies for Businesses, Public Institutions and Organizations9 – 10 November at Kipsala International Exhibition Center in Riga), Balttour 2017

C、 Exchanges and cooperation2、Professional training for Latvians

Taiwan International Cooperation and Development Fund, ICDF sponsors a wide range of professional workshops, including trade and industry, agriculture, small and medium-sized enterprises, health care and environmental protection; custom-designed programs such as “One Town, One Product”, “Value-added Agricultural Products”, “Farmers Organizations”, and “Management of Medical Quality”

C、 Exchanges and cooperation3、Advanced Studies in Taiwan

There are several scholarship programs provided by Foreign Ministry, Education Ministry, International Cooperation and Development Fund, and individual universities; More than 50 programs from bachelor to Ph. D. are conducted in English

C、 Exchanges and cooperation4、Cultural and Scientific Exchanges

Taipei Mission in the Republic of Latvia, representing the interest of the government of the Republic of China, Taiwan, promotes and facilitates all kinds of exchanges between Taiwan and the Baltic states

C、 Exchanges and cooperation5、Cultural Exchanges

Horizon 2020 is the biggest EU Research and Innovation programme ever with nearly €80 billion of funding available over 7 years (2014 to 2020) ; Taiwan government executes its own policy and creates several different funding programs to support Taiwanese researchers to participate in Horizon 2020 covering all thematic areas

D、 ConclusionPartnership between Latvia and Taiwan

Taiwan, the 20th largest trade nation and the 22nd largest economy in the world, would like to share its development experiences to the nations shared same values such as Latvia to promote mutually beneficial relations

The End

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Taiwan