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Export body talks up outcome of Central, South America delegation

TAIPEI -- An export-boosting delegation that embarked on a two-week tour of Mexico, Central and South America has achieved good results, Taiwan's main trade promotion body said yesterday.

The delegation, which was comprised of 32 local companies, held a total of nearly 850 procurement meetings in Mexico, Brazil and Columbia, generating US$33.33 million in business, the Taiwan External Trade Development Council (TAITRA) said in a statement.

Latin America is worth developing and cultivating, TAITRA said, adding that the government will pay more attention to the emerging markets in the region.

Despite the fact that Taiwan's exports posted negative annual growth of 4.73 percent in the first half of the year, exports to the region rose 2.46 percent to US$6.98 billion during the same period, according to government statistics.

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