TAITRA to lead a large contingent to Dhaka
Amid widespread recession, Taiwan is optimistic that an upturn in the economy will come sooner rather than later. The government sees market growth to improve in the second half of the year, and its export-dependent economy to shrink less than expected. It attributes this early turnaround to its stepped-up campaigns to improve trade relations with different emerging nations.
As part of a grand external trade campaign, the Taiwan External Trade Development Council (TAITRA), the country’s premier trade promotion agency, has arranged a 12-day business mission to South Asia in September. This will be participated by over 60 Taiwanese enterprises, including some of the leading companies from the electronics, machinery, auto parts, and hardware industries. The group will be in Dhaka from Sep. 6-9, then take part in the 2009 Taitronics show in Chennai on 11-13; and finally move to Colombo for a four-day business forum from 14 to 17.
The group seeks to find local business partners, distributors and buyers, and is also keen on exploring the business prospects in these regions. It will conduct one-on-one business talks on Sep. 8 at the Pan Pacific Sonargaon in Dhaka. Local businesses interested in doing business with Taiwan are welcome to attend. Please feel free to contact TAITRA branch office in Dhaka, Email:email@example.com;Tel: 880-8860704
Bangladesh, which is the second largest South Asian partner of Taiwan, witnessed bilateral trade jumped by 38 percent last year in spite of a global slump. Bangladesh mainly exports garments, knit wear, jutes, leathers and handicrafts to Taiwan and buy an assortment of textiles, machines, electronics, steels, plastics from the same. Trade with Bangladesh is expected to expand in the coming years as more Taiwanese companies set up manufacturing bases there.