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Taiwan prioritizing business opportunities abroad

Taipei--Taiwan will participate in 24 international trade shows in the coming year, as part of its efforts to seek more overseas business opportunities and increase its exports, the Ministry of Foreign Affairs said Tuesday.

The ministry has commissioned the Taiwan External Trade Development Council (TAITRA), Taiwan's main trade promotion body, to participate in trade shows and organize trade promotion events in 24 countries, said John Lai, director-general of the ministry's Department of International Cooperation and Economic Affairs.

TAITRA will participate in international trade shows such as an energy environment fair in Turkey, an information and communication exhibition in Peru, a food and beverage exhibition in Malaysia and a green energy fair in Poland, in an effort to seek more opportunities in emerging markets, according to the ministry.

This is aimed at expanding the overseas presence of Taiwan's small- and medium-sized enterprises, the ministry said.

Meanwhile, as part of the government' efforts to promote trade exchanges with other countries, the Chinese International Economic Cooperation Association has also been commissioned to organize 46 trade meetings in Europe, Asia, Latin American and Africa in 2014, Lai said at a regular news briefing.

The association is a private group dedicated to promoting Taiwan's foreign trade. The government will also arrange for trade delegations to visit the Middle East in an effort to seek more overseas business opportunities, Lai said.

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