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[AGREEMENT BETWEEN THE INDUSTRIAL DEVELOPMENT & INVESTMENT CENTER IN TAIPEI AND THE MINISTRY OF THE BRUSSELS-CAPITAL REGION, ADMINISTRATION OF ECONOMY AND EMPLOYMENT] (AD.1993.09.23)
Announced Date:
1993-09-23
Effective:
1993-09-23
1.Singed on September 23, 1993 Entered into force on September 23, 1993
This agreement is entered into between the Industrial Developme-
nt & Investme Center in Taipei, hereinafter referred to as the
IDIC, and the Ministry of the Brussels-Capit Region, Adminstrat-
ion of Economy and Employment, hereinafter referred to as MBCR.
PREAMBLE:
It is the desire of IDIC and MBCR to create favourable conditio-
ns for residents and companies of the private sector of Taiwan
and of the Brussels-Capital Region to make investment in both p-
laces for greater economic cooperation.
Therefore, it is agreed between the IDIC, represented by its Di-
rector General, Mr. Ricky Y. S. Kao, and the MBCR, represented
by its Administrateur G'ene'ral adjoint f.f, Mr. Jean-Claude MO-
UREAU, and in anticipation of resolutions to be passed by IDIC
and MBCR to finally ratify this agreement that:
AGREEMENT:
1.IDIC and MBCR will each take necessary steps to exchange info-
rmation on the investment environment and incentives for the
potential investors of both sides. They will notify each other
and potential investors about this information,
2.IDIC and MBCR will take necessary steps to improve business c-
onditions and to offer facilities of favourable conditions th-
emselves. They will promote and assist potential investors to
utilize those facilities.
3.IDIC and MBCR will respectively encourage and assist its firms
to set up production facilities, distribution centers, service
facilities and technological cooperation in the country of the
other party. They will assist the investors from the other si-
de to file investment applications or other necessary details
and to provide them with other services after the application
is approved.
4.IDIC and MBCR will promote the visits of investment missions
between the two parties and take notice to extend cooperation
and assistance to potential investors recommended by the other
party.
5.IDIC and MBCR will form a working committee to meet on a regu-
lar basis. The committee should be comprised of personnel ass-
igned by both parties to work alternately in Taiwan and in the
Brussels-Capital Region for suitable periods to enhance the c-
ooperative relationship and technological interchange.
6.Both parties are fully aware of the fact that any decision ma-
de by residents and companies of the private sector from both
sides in favour of the said facilities mentioned above is exc-
lusively the result of a private business initiative, and IDIC
and MBCR do not take any legal responsibility in this regard.
SIGN IN TAIPEI ON SEPTEMBER 23, 1993
[Signed] [Signed]
Mr. Ricky Y. S. KAO Dr. ir. Jean-Claude MOUREAU
for the Industrial for the Administration of
Development Economy
& Investment Center,Ministry and Employment, Ministry of
of Economic Affairs, ROC Brussels-Capital Region, Belgium
Web site:Laws & Regulations Database of The Republic of China (Taiwan)