The Taipei World Trade Center was inaugurated in January 1986 by Taiwan's foremost trade promotion organization, the Taiwan External Trade Development Council (TAITRA), to provide a single, modern venue that would combine exhibition space, conference facilities, offices, and hotel accommodation for international business. TWTC combines every possible service that brings together a vast consulting service on trade-related issues, trading partners, suppliers, and markets.

The Taiwan External Trade Development Council is a non-profit government co-sponsored trade promotion organization in Taiwan.