National Development Council Minister Yeh Chun-hsien and Minister of Economic Affairs Kung Ming-hsin met with an over 30-member corporate delegation led by Czech Senate President Miloš Vystrčil June 4 in Taipei City, underscoring bilateral commitment to expanding trade partnership, according to the council.
During the meeting, Yeh said that in 2022 the NDC set up a US$200 million fund for investment in Central and Eastern Europe and a US$1 billion credit fund for the region to provide substantive support for bilateral businesses. He also announced that the NDC would collaborate with the MOEA to allocate an additional 50 million euros (US$5.8 million) to the investment fund to strengthen cooperation with Czechia.
The new funding will support Taiwanese businesses entering the Central European country, Czech enterprises entering Taiwan and joint Taiwan-Czechia enterprises to reinforce technological exchange and forge a robust democratic supply chain, the NDC minister added.
Yeh said that since the establishment of the investment fund, Taiwan has invested in five Czech corporations, adding that Czechia has become Taiwan’s largest trade partner in Central and Eastern Europe, with bilateral trade volume reaching US$2.14 billion in 2025.
Echoing Yeh’s remarks, Kung pointed out that in 2024 Taiwan launched the Taiwan Trade and Investment Service Center, Prague. Given Taiwan’s key role in the global server industry and Czechia’s active involvement in the EU’s gigafactory project, the two countries boast huge collaborative potential in the artificial intelligence, drone and smart city sectors, the economic minister added.
As of April 2026, investment by Taiwanese companies in Czechia totaled US$221 million, the ninth-largest amount invested by Taiwan in EU member nations, the MOEA concluded. (POC-E)
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During the meeting, Yeh said that in 2022 the NDC set up a US$200 million fund for investment in Central and Eastern Europe and a US$1 billion credit fund for the region to provide substantive support for bilateral businesses. He also announced that the NDC would collaborate with the MOEA to allocate an additional 50 million euros (US$5.8 million) to the investment fund to strengthen cooperation with Czechia.
The new funding will support Taiwanese businesses entering the Central European country, Czech enterprises entering Taiwan and joint Taiwan-Czechia enterprises to reinforce technological exchange and forge a robust democratic supply chain, the NDC minister added.
Yeh said that since the establishment of the investment fund, Taiwan has invested in five Czech corporations, adding that Czechia has become Taiwan’s largest trade partner in Central and Eastern Europe, with bilateral trade volume reaching US$2.14 billion in 2025.
Echoing Yeh’s remarks, Kung pointed out that in 2024 Taiwan launched the Taiwan Trade and Investment Service Center, Prague. Given Taiwan’s key role in the global server industry and Czechia’s active involvement in the EU’s gigafactory project, the two countries boast huge collaborative potential in the artificial intelligence, drone and smart city sectors, the economic minister added.
As of April 2026, investment by Taiwanese companies in Czechia totaled US$221 million, the ninth-largest amount invested by Taiwan in EU member nations, the MOEA concluded. (POC-E)
Write to Taiwan Today at ttonline@mofa.gov.tw
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