Taiwan Taipei China has a long-standing cooperation with the EBRD, with its first technical cooperation (TC) fund established in 1991. It has contributed over €24 million for technical cooperation, which is now channelled through the TaiwanBusiness – EBRD Cooperation Fund.Our work

In Depth: Taipei China and the EBRD

Donor funding | Co-financing | Consultancy services and procurement | Cooperation with Taiwanese banks | Taiwanese confirming banks

Donor funding
Taipei China has a long-standing cooperation with the EBRD, with its first technical cooperation (TC) fund established in 1991. It has contributed over €24 million for technical cooperation, which is now channelled through the TaiwanBusiness – EBRD Cooperation Fund. By December 2011, 266 technical cooperation (TC) projects worth over €20 million had been implemented, mainly in the energy efficiency sector, particularly through urban transport.
Taipei China has also contributed US$ 1.5 million to the EBRD Balkan Region Special Fund (BRSF), €1 million to the Mongolia Cooperation Fund (MCF) and €2 million to the Early Transition Countries Fund (ETC) Fund. In 1994 the International Cooperation and Development Fund (TaiwanICDF), Taipei China’s agency responsible for foreign assistance programmes, extended US$ 20 million for co‑financing projects in the EBRD countries of operations.

In 1994 the EBRD and the International Cooperation and Development Fund (TaiwanICDF), the bilateral executing agency of Taipei China’s foreign assistance programme, signed a memorandum of understanding of US$ 20 million for co-financing. TaiwanICDF has co-financed the Belarus SME/MSE Credit-line (US$ 7.5 million) and a number of private-sector SME projects through the EBRD’s Financial Intermediary Investment Special Fund (FIISF) for an amount of US$ 10.6 million for projects in Azerbaijan, Georgia, Kyrgyz Republic, Lithuania and Romania. This account is now closed following a successful implementation.

TaiwanICDF provided further funding in 2005 under the above FIISF for an additional US$ 10 million for small businesses, and is co-financing microlending and a non-bank micro financing projects mainly in the Early Transition Countries. In 2006, an additional US$ 5 million was provided for the risk sharing facility for the Bank’s Trade Facilitation Programme in Azerbaijan, Russian Federation and Ukraine. In 2008, a further US$ 10 million was provided to extend their assistance to small businesses through FIISF, and the resources are supporting a number of investments in Turkey. In 2011, TaiwanICDF signed an agreement to provide US$ 80 million for concessional financing to support the Bank’s municipal and environmental infrastructure projects in the field of energy efficiency and green technology, and additional resources in the amount of US$ 20 million to support small business lending, making Taipei China the largest donor in 2011.
 
Enterprise Growth Programme (EGP)
Since 1998, Taipei China has provided about €1.38 million to fund 21 EGP projects in Armenia, Azerbaijan, Croatia, Georgia, Hungary, Kyrgyz Republic, Moldova, Mongolia, Russia, Serbia and Ukraine in the areas of manufacturing, agribusiness, electronics and IT.
 Taiwan is focusing  resources on developing business for Local manufacturers in the Balkan countries of Central and Eastern Europe.
 
In  November 2012 an ROC trade promotion delegation to the Balkans and Eastern Europe brought  in excess of US$40 million in business for Taiwan’s exporters , as stated by the Taiwan External Trade Development Council ( TAITRA ) . Arranged by TAITRA under the auspices of the Ministry of Economic Affairs , the group contained members from 46 Taiwan companies in standard industries including autoparts , baby-care goods , ict , hand tools and machinery .

“The Mission contributes to on-going government endeavors to support Taiwan Businesses take advantage of emerging economies during a period when European countries and U .S . Are being affected by an economic downturn , and development in mainland China appears to be stalling ,” a TAITRA official claimed .
According to the council , the grouping traveled to Serbia Oct . 28 and conducted 217 matchmaking meetings for 120 Companies from the Balkan nations , establishing US$5 .4 million in Opportunities . At a Nov . 1 promotion mission in Romania , in excess of US$17 .5 million worth of sales orders was placed in 591 meetings , Whilst the 266 sessions organized 4 days later in Ukraine attracted US$6 .76 million in business deals . The delegation’s last visit was held on Nov . 8 in St . Petersburg , whereby 53 Russian customers confirmed US$10 million worth of deals with vendors .

“TAITRA will Certainly continue coordinating these kinds of missions in Taiwan and Worldwide to boost and promote Taiwan’s export business opportunities ,” The official stated , adding that the subsequent event will be focusing On oil exporting nations this will take place Nov . 15 in Taipei City .
In excess of 52 potential buyers from Africa , the Middle East , Central Asia and Southeast Asia currently have signed up for over 625 Business meetings with 300-plus Taiwan companies across a number of Typical industries .
“We have got great expectations for the event and anticipate local companies to gain handsomely from enhanced exposure to this potential-laden sector ,”