PLENTY OPPORTUNITIES FOR SOUTH AFRICAN
BUSINESSES IN TAIWAN
There are plenty opportunities to explore in Taiwan
for the South African companies, particularly those operating in the
agro-processing and jewellery sectors.
The Director-General of the Department of
International Cooperation in Taiwan
said this, Mr I-Min Tong says
Tong was addressing business delegates at the
Trade and Investment seminar organised by the Department of Trade and Industry,
(the dti) in Taipei ,
Taiwan today as
part of the second leg of the Outward Selling and Investment Mission (OSIM)
that started yesterday.
“South African agricultural products,
especially wines and grapes, are very popular in Taiwan . This has been the case for
a number of years which has seen Taiwan
increasingly importing most of these products from South Africa ,” said Tong.
He added that the export of finished products
from South Africa to Taiwan did not mean that Taiwan and South Africa could not collaborate
in the food processing industry in particular.
“Taiwan
has advanced technology when it comes to food processing and the exchange of
skills and technology can assist South Africa to be on par with
other countries and develop its agricultural processing industry further,”
added Tong.
Tong said he believed that the OSIM would
generate more bilateral cooperation that would create more trade and investment
opportunities for South Africa
and Taiwan .
The Chief Director for International Trade and
Economic Development at the
dti, Mr Victor Mashabela said the department was meeting with the Ministry
of Economic Affairs in Taiwan
during the OSIM to deepen bilateral trade relations.
Mashabela said the economic
consultation meetings focussed on
cooperation on a number of sectors including the ones represented in the OSIM,
and strengthening investment promotion for Taiwan
and South Africa .
“The economic consultation with Taiwan will
give South African businesses more options and opportunities when they want to
enter and explore the Taiwanese market,” said Mashabela.
The SA delegation will visit different sites tomorrow in and around Taipei covering various sectors which represented
by the delegation. These include ago-processing, jewellery and the automotive
sectors.