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Taiwan to promote sales in emerging markets

Taiwan to promote sales in emerging markets

Taipei, Dec. 30 (CNA) The Taiwan External Trade Development Council (TAITRA) will carry out a series of promotional plans targeting emerging markets in 2010, an official said Wednesday.
In addition to organizing business tours to emerging markets, TAITRA will also invite major buyers from these markets to Taiwan, said TAITRA Secretary-General Chao Yung-chuan.
According to Chao, emerging markets can be divided into two sections: China and emerging areas outside China.
After the China-ASEAN free trade area is officially inaugurated Jan. 1, 90 percent of goods traded within the region will be given duty-free treatment, which will severely impact Taiwan's small- and medium-sized businesses and conventional industries, Chao said.
At present, direct exports from Taiwan to ASEAN countries account for 15-16 percent of the country's total exports, higher than the 12 percent to Europe or the United States, he noted.
He said 10 purchasing missions from China are expected to visit Taiwan in the coming year, with miscellaneous goods and food the main targeted products.
(By Liu Jian-bang and Y.F. Low)




Updated : 2020-12-01 11:11 GMT+08:00