Taiwan & the EU
The EU has solid overall relations with Taiwan. Taiwan and the EU have a healthy trade and economic relationship - Taiwan being the EU’s 4th largest trading partner in Asia and the EU being Taiwan’s fourth largest market. The EU is also Taiwan's largest source of foreign investment.
Exchanges also take place in sectors such as research and technology, information society, education and culture, fisheries, environment, climate change, intellectual property rights and standards and norms.
Consultations between the EU and Taiwan are held every year to discuss issues of concern for both sides. The European Economic and Trade Office (EETO) was established in 2003 as the EU's office in Taiwan. 16 member states of the European Union have also established offices in Taipei.