Taiwan & Montana Forge Agreement
Meeting with representatives from Taiwanese trade associations and importer groups, Gov. Greg Gianforte promoted Montana’s high quality commodities and growing industries to expand economic opportunities for Montanans in Taiwan.
“Taiwan is home to some of the most quality-driven buyers in the world, and Montana delivers – whether our superior grains and beef or world-class semiconductor machinery,” Gov. Gianforte said. “Montana is also seeing rapid growth in industries like photonics and bioscience, creating new opportunities to strengthen our partnership with Taiwan as a global powerhouse for technological innovation.”
Promoting Montana agriculture, Gov. Gianforte met with the U.S. Wheat Associates and the Taiwan Flour Miller Association, the main importer of Montana wheat. Wheat is Montana’s largest export to Taiwan, totaling $32 million in sales.
Taiwan is also an important market for Montana cattle producers, with $16 million of Montana beef exported to Taiwan last year.
The governor then addressed bio and defense firms at a roundtable luncheon, spotlighting Montana’s photonics and bioscience industries. Montana ranks sixth among states for bioscience industry growth, and has one of the highest per capita concentration of optics, photonics, and quantum companies in the United States.
Later, the governor met with representatives from the Taiwan External Trade Association and the Taiwan Trade Office, and he joined his delegation to network with over 80 business members of the Taiwan-USA Industrial Cooperation Promotion Office (TUSA).
TUSA focuses on smart machinery, biomedicine, green energy, and the semiconductor industry. Industrial machinery, largely for semiconductor applications, is Montana’s second largest export to Taiwan.
There, the governor oversaw the signing of a memorandum of understanding (MOU) on advanced manufacturing between the Montana Photonics and Quantum Alliance and TUSA.