Tradeling has signed a Memorandum of Understanding (MoU) with the Taiwan External Trade Development Council (TAITRA). This will allow Taiwanese manufacturers, merchants, and brands to sell their products and services in the Middle East and North Africa (MENA) area using Tradeling’s e-commerce platform.
Commenting on the agreement, Marius Ciavola, Chief Executive Officer of Tradeling, said: “Countries in the MENA region and Taiwan have long enjoyed strong trade relations across multiple sectors from petroleum oil to consumer electronics, and this agreement will further enhance these relations by allowing the SME sectors to have quicker access to products from Taiwan and vice versa. In addition, we will be organizing meetings, webinars, and seminars to inform the business community about the investment potential available and the efficiencies being achieved through B2B e-commerce.”
Fu-Tai Wei, Director of Taiwan Trade Centre, Dubai, said: “As Taiwan’s foremost non-profit trade promoting organization, we are glad to have a trust-worthy partner here in Dubai to help Taiwan do business in the MENA region. Tradeling’s local know-how, e-commerce platform and total solution services will definitely enhance the trade between Taiwan and MENA.”
Both parties will be able to share information about trade, policy, goods, services, and partnership opportunities that may be accessible on either side and develop partnerships by introducing each other to critical service providers ranging from system integrators to logistics firms. Tradeling will also provide logistical support and services to Taiwanese businesses, such as trade finance and product registration and certification, to help them expand their business without going to the region.
According to the Ministry of Economic Affairs’ Taiwan Bureau of Foreign Trade, bilateral trade between Taiwan and the UAE totaled US$4.3 billion in the first three quarters of this year, up 47.4 percent from the previous year, including a 10.3 percent growth in exports to the UAE.
Tradeling assures a dependable and smooth trading procedure and provides logistics and finance solutions, thanks to a team of experienced technological start-up builders. The platform, which connects global suppliers with MENA-based demand, uses innovative technologies to optimize the supply chain and produce economic value while also limiting risks. Tradeling now has over 100,000 registered customers and sellers from 55 countries, with a monthly gross merchandising value increase of over 65 percent.
