Setting Up Overseas Special Zones in Taiwan

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The Taiwanese government should play an active role in Taiwanese small-and-medium enterprises' (SME) international expansion, possibly through "overseas special zones," Minister of Economic Affairs Kuo Jyh-huei has said.

Kuo said he envisions a special arrangement designed by the government to help Taiwanese SMEs that do not have the same kind of resources and bargaining power of industry giants such as TSMC and GlobalWafers Co., gain a foothold overseas.

Learn more about other ideas Kuo proposed such as setting up 'sogo shosha' style Japanese general trading companies.

What Is An Export Trading Company?

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An export trading company is an independent company that provides support services for firms engaged in exporting. This may include warehousing, shipping, insuring, and billing on behalf of the client.

Find out what else an Export Trading Company can help with.

Learn how Warren Buffet is investing in Japanese Trading Companies.