Taiwan and Lithuania team up to help start-upsStaff writer, with CNATaiwan’s Startup Terrace on Friday signed a memorandum of understanding with a start-up incubator in Lithuania to share resources and build closer links, the Ministry of Economic Affairs said yesterday. Deputy Minister of Economic Affairs Chen Chern-chyi, right, meets Lithuanian Vice Minister of Economy and Innovation Jovita Neliupsiene in Vilnius, Lithuania on Wednesday. On Thursday the six start-ups attracted a lot of attention at the Startup Fair in Vilnius, the ministry said. In November last year, Taiwan opened a representative office in Lithuania to facilitate bilateral trade and economic exchanges. Taiwan’ typically names its overseas representative offices “Taipei Economic and Cultural Office” or “Taipei Representative Office,” in keeping with the host countries’ preference to avoid provoking a response from Beijing.

Source: Taipei Times May 29, 2022 11:10 UTC