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Subject: BOFT’s Policy Goals and Major ...
Content: The Bureau of Foreign Trade (BOFT), which was established by the Ministry of Economic Affairs (MOEA)...

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BOFT’s Policy Goals and Major Functions for 2018

Source:Bureau of Foreign Trade, Ministry of Economic Affairs
Published Date:2018-08-14
The Bureau of Foreign Trade (BOFT), which was established by the Ministry of Economic Affairs (MOEA) on January 1, 1969, is responsible for formulating Taiwan's international trade policies, promoting trade, and managing trade-related activities. Over the past few decades, the BOFT's role and responsibilities have undergone numerous adjustments to meet the demands of the ever-changing international business environment. Its primary duties currently include:
 I. Formulating and implementing trade policies and rules/regulations
 II. Participating in the activities of international economic and trade organizations, and enhancing bilateral trade relations
 III. Handling and coordinating trade negotiations, consultations, and disputes
 IV. Negotiating and signing economic cooperation agreements
 V. Administering the import/export regime and providing trade consulting services to importers and exporters
 VI. Promoting foreign trade and creating an environment conducive to the development of foreign trade by constructing international exhibition halls, introducing paperless trade and trade facilitation, establishing global trade information websites, etc.
 VII. Contact and coordination with the MOEA's overseas offices, and
 VIII. Managing liaison and assistance concerning business-related entities and groups.
Effective Date:2018-08-14