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On 15 February, Taipei Exchange (TPEx) and Zagreb Stock Exchange (ZSE) signed a memorandum of understanding (MOU) in Taipei City, fostering future financial collaboration between Taiwan and Croatia. The MOU was signed by Su Yu-ching, TPEx CEO, and Ivana Gazic, President of ZSE’s management board, who was visiting Taiwan as part of a delegation organized by the TRO, Taiwan’s Ministry of Foreign Affairs, and the EBRD.


This 8-day visit, from 11-18 February, took place under the EBRD’s ‘SME Growth Market Project’ co-funded by Taiwan. It aimed to share experiences and thoughts to promote the development of local capital markets and access to finance for SMEs. The 12 member delegation, which included Ales Ipavec, President of the Management Board of Slovenia’s Ljubljana Stock Exchange, visited Taiwan’s Ministry of Economic Affairs, Financial Supervisory Commission, TPEx, KGI Securities Co., Taiwan Stock Exchange (TWSE) and Taiwan Depository and Clearing Corporation (TDCC).


Taiwan’s cooperation with the EBRD dates back to the Bank’s inception in 1991. As the fourth largest donor and a reliable partner of the Bank, Taiwan is committed to helping the Bank’s transition mandate in its countries of operations. Taiwan donor support is especially directed towards information technology, the knowledge economy, business advice for SMEs, sustainable resource management, intelligent transport systems and women in business. Taiwan also shares technical expertise and developmental experience with the EBRD’s countries of operation, with Taiwan experts being retained by the bank to engage in a wide range of projects.