TAIWAN: MOEA To Give Funds To Textile R&D
The Ministry of Economic Affairs (MOEA) yesterday announced that, despite the recent economic downturn, it will increase its budget for R&D in the textile industry, which contributes as much as 15 per cent to Taiwan's exports. The ministry yesterday signed strategic partnerships with more than 30 textile makers in Taiwan to sponsor their development of synthetic fibres by integrating resources from the government and each sector in the textile industry.
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