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Taiwan Measures to Increase Export Trade

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Measures are in hand to ensure that Taiwan stays abreast of its partners and competitors with regards to exports both within, and beyond, the local region.

The recent decision to allow the country’s freight forwarders to operate multi-destination export consolidations has met with widespread approval. The move means that consolidators can group cargo bound for several countries within one container, which will enable the transhipment and re-export of consignments to multiple countries overseas producing savings for each shipper.

The change was praised by one of the country’s international freight service and logistics groups, U-Freight Taiwan Ltd., which Hong Kong Headquarters will be celebrating its 30th anniversary this year, and will host the U-Freight Group’s annual global sales conference in Taipei later this month. Their CEO, commented:

“The new law will make Taiwan one of the most competitive logistics hub in the world.’