Taiwan delegation to promote trade
A Taiwan business delegation representing 63 Taiwan companies held
one-on-one business meetings with Sri Lankan companies at the Hilton
Colombo yesterday. The delegation was the largest to arrive in Sri Lanka
in 20 years.
Director, Taipei Economic and Cultural Centre in New Delhi David Hsu
told Daily News Business that the delegation had a very good response
and representatives of both countries expressed an interest to do
business with each other.
However, the Taiwanese know very little about Sri Lanka's market and
this visit is to get an initial exposure and there should be a follow up
by both countries thereafter. Taiwan expects to do trading as the second
step and finally to invest in Sri Lanka.
He said that the decision to visit Sri Lanka was made by the Taiwan
authorities seven months ago and when they arrived in Sri Lanka the
country was free from terrorism which is a plus point.
Taiwan relies highly on the SME sector and both countries can work
closely and achieve the benefits. He said that Sri Lankan gems,
garments, jewellery and tea are loved by Taiwan's people and Taiwan can
provide raw material for the agricultural sector.
Manager, Taiwan External Trade Development Council (TAITRA) Che-ning
Fan said that out of the 63 representatives of companies who arrived in
the country 20 are PLC companies in the fields of computers, automobile,
electronics and healthcare products.
TAITRA has 59 franchises overseas. He said that there are tremendous
business opportunities in Taiwan's dynamic economy and TAITRA offers
comprehensive services to assist foreign businesses in establishing a
wider presence in Taiwan.
The delegation was organized by the Chamber of Commerce Sri Lanka and