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MOEA has decided to promote the online trade services

The Ministry of Economic Affairs (MOEA) will allocate a special fund and integrate major companies in Taiwan to establish Business toBusiness(BtoB) electronic commerce to promote the online trade services.

The MOEA chose some business and industry associations for the project. Officials of the MOEA's Board of Foreign Trade said the trade promotion on Internet has became as the main portal for doing international trade. This project will assist a lot of small-sized companies in Taiwan to reduce operating costs by the plan. But the new BtoB project will serve as a gateway for all foreign suppliers and buyers.

Published: January 7, 2000

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