TAIWAN Business.EU l editorial

Dear readers,

Democracy is a very fragile and particular arrangement, and in the modern

world, it is often characterzied by the principle of equality. The effect

globalization has on democracy is undeniable. It may seem that Taiwan's

foreign politics are brittle. If we omit local government disputes and excess

politics from trade, then we can say that the Czechia-Taiwan business

relationship is very good. There have been multiple endeavors from the

side of Czech businesses aimed at strengthening Taiwanese investment

towards the Czech Republic and our relationship in the sciences, innovation

and modern technologies. Even our editorial board, from the T+T Technika

a Trh magazine, had the chance to partake in multiple visits. The year 2022

might might mark a significant breakthrough as well, as even in the time

of a global pandemic, the Czech-Taiwanese Business Chamber managed

to organize business missions for representatives of companies looking for

partners in the fields of, for example, innovation and development, artificial

intelligence, the internet, cloud services, biotechnologies or nanotechnologies.

The areas of e-mobility, classical engineering, robotics and smart cities were

also not left out. Taiwanese investors are very auspicious partners for the

Czech Republic, and reciprocally, Czech companies seem to be very beneficial

and flexible partners for the investors as well. It is no secret that Taiwan's

investors created about 25 thousand new jobs in Czechia.

Besides lively communication, provided by the Czech-Taiwanese Business

Chamber, the Taiwanese side is very flexible towards global trade as well.

In a time when many questions are being raised regarding health and

economics, Taiwanese businessmen and women, technicians and programmers

were able to establish virtual trade fairs, creating a fully functional new

platform that has helped to answer a lot of these questions. This way

customers from all over the world have access to Taiwanese products.

TIMTOS×TMTS 2022 Hybrid is especially mentionworthy, as it provides

a "contactless" platform that directly connects exhibitors with buyers in the

field of machine tools and their accessories. These virtual fairs will provide

extra benefits to exhibitors, help propagate the industry, and offer the opportunity to attract more business prospects.

Ing. Aleš Vítek

editor in chief

T + T Technika a trh