EU member countries on Tuesday next week are to hold their first forum in Taipei to pitch investment opportunities directly to Taiwanese companies, with the top EU envoy encouraging local businesses to play an important role in Europe’s post-pandemic economic development.

It is in the interest of Taiwanese companies to increase their presence in Europe, especially as global supply chains are being restructured due to the COVID-19 pandemic, European Economic and Trade Office (EETO) in Taiwan Director Filip Grzegorzewski said on Friday.

Companies around the world have drawn lessons from the COVID-19 crisis, Grzegorzewski said.

“We have to rethink global supply chains and the resilience of operations,” he said, adding that the EU does not want to be too dependent on one market or one source of raw materials.

Read the full story at taipeitimes.com.