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Taiwan increases orchid export to Hungary

Taiwan and Hungary are to work together to boost exports of their agricultural products in two categories, the Agriculture and Food Agency (AFA) said on Saturday.

Under an agreement reached at a meeting, Hungary is to serve as a transit point for Taiwan’s orchid exports to the European market, agency Director-General Chen Chien-pin said.

Hungary imported more than US$120 million worth of Phalaenopsis orchid buds and related products from Taiwan, council data show.

Under the new cooperation agreement, Hungary would become a stepping stone for Taiwan’s agricultural products to enter the European market, while Taiwan is to serve as a gateway for Hungary’s agricultural products to the Asian market, Chen said.

He said the two sides are hoping to expand their cooperation to agricultural investments, agricultural raw materials and fresh food trade.

Source: Taipei Times
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