The mandates of the Philippine Trade and Investment Centre in Taipei are:
The Philippine Trade & Investment Center in Taipei is the Commercial Affairs Section of the Manila Economic and Cultural Office. MECO, exercising delegated functions, is the Philippines’ representative office in Taiwan. It was established in 1975 and is organized as a non-profit and non-stock private corporation under Philippine law.
The Philippine Trade & Investment Center (PTIC) Taipei is one of the Official Overseas Offices of the Foreign Trade Service Corps, Trade and Investments Promotion Group of the Philippine Department of Trade and Industry.
The Foreign Trade Service Corps (FTSC) is composed of Trade Representatives or Commercial Attaches representing the Commercial Posts of the Department of Trade and Industry (DTI) around the world.
The FTSC promotes the initiatives of the DTI, specifically on trade and investment promotions, as well as trade policy in key overseas markets.
As part of the DTI’s Trade and Investment Promotion Group, the FTSC works internationally to connect Philippine companies and investors with their counterparts abroad.
DEPARTMENT OF TRADE & INDUSTRY
The Philippine Department of Trade and Industry is the executive department of the Philippine Government tasked to expand Philippine trade, industries and investments as the means to generate jobs and raise incomes for Filipinos. It acts as catalyst for intensified private sector activity in order to accelerate and sustain economic growth through comprehensive industrial growth strategy, progressive and socially responsible trade liberalization and deregulation programs and policymaking designed for the expansion and diversification of Philippine trade - both domestic and foreign.
Michael Alfred V. Ignacio
Trade Representative & Director for Commercial Affairs
Trade Promotion Officer
Lorraine Gail Chua
MANILA ECONOMIC AND CULTURAL OFFICE
Angelito T. Banayo
Chairman of the Board & Resident Representative
Gilberto F. Lauengco
Vice Chairman and Board Director
Oversight MECO Board Director for Commercial Affairs
PTIC Taipei provides the following services:
Trade and Investment Promotion
Business Matching Services
Trade Policy & Negotiations
We contribute to increasing and sustaining Philippine exports through business matching, international networking with foreign buyers and trade organizations, and assistance to overseas and local businesses. We spearhead in-store promotions, catalogue shows, and campaigns with foreign businessmen, as well as trade missions to and from the Philippines.
Global financial institutions have recognized the Philippines as a key investment destination. We join investment missions to
introduce foreign investors to Philippine businessmen who are open to capital infusion. Once potential and prospective investors (including Overseas Filipino Investors) are identified, investment advice and counseling are provided to them.
Information is critical in enabling businesses and investors make an informed decision on commercial matters. To meet this end, we conduct market research for specific Philippine products, including commercial, industrial, and economic monitoring to benefit the government, industry players, and small and medium enterprises (SMEs) all over the Philippines.
We recognize that trade policy provides the institutional setting within which trade and investment relations take place. We are the lead source of international business climate issues affecting trade negotiations and trade policy.
We also actively participate in multilateral trade engagements, within the forum of the World Trade Organization (WTO), as well as bilateral and regional Free Trade Agreements (FTAs) to harness trade opportunities for the Philippines’ economic development.
With Taiwan, and through MECO and its counterpart Taiwan Economic and Cultural Office in Manila, the Philippines engages Taiwan via the Joint Economic Commission mechanism to discuss trade and investment cooperation and development between the two economies.
Services to Overseas Filipino Investors.
We provide potential Overseas Filipino Investors trade and investment information and advice to assist them in their entrepreneurial or investment ventures in the Philippines.