Apparently, there is still a need to highlight the innovativeness of the Taiwanese economy and the high number of benefits that Taiwan can offer to its trade partners. If the launch of the BIA negotiations was based solely on economic reasoning, the trade deal would have been signed by now.

This paper is building arguments for decision makers in the Czech Republic and the EU to consider while assessing the economic and strategic importance of a BIA with Taiwan. It summarizes the current Czech-Taiwanese trade situation and presents relevant arguments for Czech-Taiwanese trade enhancement under a potential BIA. Furthermore, it presents economic and strategic gains from the European perspective.