Taipei, Dec. 15 (CNA) The Ministry of Foreign Affairs (MOFA) said Thursday that it will hold investment exhibitions in six emerging markets in the coming year, part of its plan to combine diplomacy with economic efforts. MOFA has so far targeted Bosnia, Serbia, Papua New Guinea, Latvia, Laos and Dubai as new investment destinations, said Frank Lin, deputy director-general of MOFA's Department of Economic and Trade Affairs. "The exhibitions are aimed at making these potential markets familiar with Taiwan," said Lin at a regular press briefing. Although he did not provide details about the content of the exhibitions, Lin said that several rounds of evaluations and assessments have been undertaken to identify investment opportunities. He cited as an example the rich forestry resources in Papua New Guinea, describing them as worthy of investigation. Unlike similar exhibitions organized by Taiwan in mature markets, MOFA proposed the destinations from the combined perspectives of finance, development and diplomacy, Lin noted. Meanwhile, MOFA said it will continue to elevate Taiwan's presence through regular business shows in 18 other countries in 2012, including a computer exhibition in Saudi Arabia, a telecommunications fair in Russia and an agriculture expo in Brunei. The ministry had held 22 trade shows abroad this year as of November, involving more than 300 local companies and generating an estimated US$150 million-worth of business. (By Nancy Liu)
- Dec 16 Fri 2011 18:43
Taiwan targets emerging markets for trade in 2012
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