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2021-10-28 10:30
Bureau of Foreign Trade, Ministry of Economic Affairs

BOFT Holds Online Meeting to Share Information on Global Recycling Trends and Relevant Business Opportunities

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BOFT Holds Online Meeting to Share Information on Global Recycling Trends and Relevant Business Opportunities
The Bureau of Foreign Trade (BOFT), Taiwan External Trade Development Council (TAITRA), and Taiwan Plastics Industry Association (TPIA) organized an online information sharing meeting on October 26. Experts and scholars were invited to share international trends on recycling and relevant business opportunities, as well as explain counseling resources that are provided by the government. The event attracted more than 300 participants.

According to the BOFT, international companies have set multiple goals based on global environmental initiatives due to the worldwide trend of pursuing net zero carbon emissions. Since Taiwan's plastics industry is closely connected to the supply chains of international brands, the commitment of these brand owners to carbon reduction goals inevitably impacts the development of Taiwan's industries. In response to this global trend, Taiwanese manufacturers are working with foreign manufacturers to develop eco-friendly fibers and recyclable plastic containers.

Experts from the Industrial Technology Research Institute, Taiwan Research Institute, Plastics Industry Development Center, and the National Renewable Energy Certification Center of the Bureau of Standards, Metrology and Inspection (BSMI) were invited to the meeting to share information concerning international trends and business opportunities on recycling materials, international carbon reduction and responses from enterprises, as well as counseling resources provided by the government. In addition, Mr. Kuo from KING YUAN FU PACKAGING was also invited to share his firm's experience on moving towards net zero carbon emissions.

Video recordings of this online information sharing meeting have been uploaded for reference to the "Net Zero Carbon Emissions Info Page" on the website of the Green Trade Project (https://www.greentrade.org.tw), as well as to the websites of both the MOEA and BOFT.