The main traits of the Hungaro-Taiwanese economic relations with special focus on the trade with agricultural products

Autor/innen

DOI:

https://doi.org/10.18531/Studia.Mundi.2020.07.01.44-51

Schlagwörter:

Hungary, Taiwan, food demand, trade, investment

Abstract

This paper provides the reader with a thorough insight into the bilateral economic relationship between Hungary and Taiwan. Due to the One-China policy Hungary – and most countries in the world – do not have formal diplomatic or political contacts with Taiwan, however Taiwan as an autonomous economic entity seems to be a promising partner for Hungary and other European countries, even though due to the huge geographic distance and to the relative less-known market environment the amounts of trade turnover and investments have still been modest. Taiwan, due to its natural and social endowments cannot produce enough food for its population, therefore it is merely reliant on imports. Due to the mentioned distance and being closely embedded into the European economic integration, Hungary definitely cannot be among the main food suppliers of Taiwan, but still there are market segments (like chilled poultry) in which Hungarian companies can be successful, if they focus not only on the product quality but also on the marketing promotion. The paper makes mention about some additional ideas of joint co-operation in the food production, like potentials in Mangalica breeding, as it has also started in Taiwan a few years ago.

Autor/innen-Biografie

  • György Iván Neszmélyi, Budapest Business School - University of Applied Sciences

    professor
    E-mail: neszmelyi.gyorgy@uni-bge.hu

Literaturhinweise

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Lőrincz, D. (2017b): The author’s personal discussions and interviews with Mr. Dániel, Lőrincz, Investment and Trade Director of the Hungarian Trade Office in Taipei, 26th March 2017; 04th May, 2017, 10th May, 2017.

Lőrincz, D. (2019a): Personal interview with Mr. Dániel Lőrincz, Commercial Director of the Hungarian Trade Office in Taipei, 18, April, 2019

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Neszmélyi, Gy (2017): The Challenges of Economic and Agricultural Developments of Taiwan: Comparison with South Korea, Tribun EU s. r. o., Brno, 2017, 152 p. ISBN: 978-80-263-1331-1

Neszmélyi, Gy (2019): Economic and Social Factors In Taiwan’s Competitiveness With Special Focus On The Taiwan-EU Trade Relations, Studia Mundi - Economica Vol. 6. No. 1.(2019) pp. 165-179

Peng, M-Q, M. (2017) The author’s personal discussion and interview with Peng, Ming-qian, Michael, entrepreneur, during his on-site visit in Sanzhi, 10th May, 2017

Sági J. - Engelberth I. (2018): The Belt and Road Initiative – a Way Forward to China’s Expansion Contemporary Chinese Political Economy and Strategic Relations 4:(1) pp. 9-37. (2018)

Veröffentlicht

2020-03-04

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