Taiwan and Finland concluded their eighth round of bilateral trade talks in Helsinki on Wednesday 5 June 2025, with both sides committing to expand cooperation across multiple sectors including circular economy, digital health, quantum technology, renewable energy, satellites and telecommunications.
According to Taiwan’s Ministry of Economic Affairs (MOEA), the meeting was led by Deputy Minister Cynthia Kiang and her Finnish counterpart, Under-Secretary of State Petri Peltonen from the Ministry of Economic Affairs and Employment.
Kiang highlighted Taiwan’s central role in global supply chains and suggested deeper collaboration by combining Taiwan’s expertise in information and communications technology with Finland’s strengths in wireless communications and software R&D. Peltonen echoed her remarks, emphasizing the need to build resilient supply chains amid ongoing global uncertainties.
The two officials also participated in the 12th Taiwan-Finland Joint Business Council Meeting held the same day, where Kiang reaffirmed Taiwan’s intention to boost international cooperation to support innovation and entrepreneurship among businesses on both sides.
While in Finland, Deputy Minister Kiang visited local startup IQM Quantum Computers to review recent advances in quantum computing, and held meetings at Nokia to gain insight into its 5G/6G technologies, internet infrastructure, and cybersecurity solutions.
In 2024, bilateral trade between Taiwan and Finland reached US$514 million, making Finland Taiwan’s third-largest trading partner in Northern Europe. As of March 2025, Finland’s cumulative investment in Taiwan stood at US$5.92 million, while Taiwan’s investment in Finland totaled US$15.86 million, according to MOEA figures.
Source: Taiwan Today
