Some 16 Taiwanese companies will arrive in El Salvador next week, with the aim of making deals with local companies. The visit will take place from 11 to 13 March, according to the Office of the Economic Counselor for the Chinese/Taiwanese Embassy.
"The ministry counselor, Andres C.Y. Liu, said the visiting companies come from the sectors of machinery, beauty products, jewelry, construction materials, plastics and textiles," states an article on ElSalvador.com. "Businessmen will also arrive from companies who sell raw materials for the manufacture of footwear, handbags, furniture, LED lighting and electronic products (computers, phones, Mp3, Mp4, games and security cameras, etc)."
Taiwan's exports to El Salvador in 2011 reached $141 million, a increase compared with the $87.4 million in 2010. Last year, El Salvador exported $33.3 million worth of goods to Taiwan, according to information from the Central Reserve Bank.
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From February to June businessmen from both countries will conduct missions and trade fairs in El Salvador and in the Asian nation.
During the first half of 2014, the Taiwanese Embassy in El Salvador will promote six events aimed at strengthening trade relations between the two countries, said Carlos Cheng, Economic Minister Counselor of the Asian nation.
Taiwanese businessmen will be visiting San Salvador on April 7 to explore business opportunities with local companies.
The event will be held at the Hilton Princess Hotel, from 8:00 am to 5:30 pm
"...12 Taiwanese companies will make up the mission and come from diverse industries, which will feature products including interior and exterior lighting, lights and marine equipment, water heaters and solar power providers, energy saving systems, rearview vehicle cameras, tire pressure sensors, electrical materials and accessories for home wiring, MP4, MP5, raw materials, accessories and machinery for the textile sector, shoes, bags and beds, equipment for all industries and for the preparation of floors and bamboo-based products. "
Sugar, coffee, fishmeal, plastics and paper products are the best selling products to the Asian island.
According to the Taiwanese Embassy in El Salvador during the first 11 months of 2013, exports from the Central American nation to Asian countries grew by 576 %. Among the products that are exported to Taiwan are sugar, coffee, fish meal, paper, cardboard, plastics.
19 companies will conduct a trade mission on April 4th.
The Taiwanese delegation is composed of companies from various industries such as machinery, tools, construction materials and health.
C.Y. Liu, economic advisor for the Taiwanese embassy, noted his country’s desire of increasing trade relations with El Salvador.