Saturday, July 14, 2007

BRAZILIAN PRODUCT EXHIBITION HELD TO PROMOTE TAIWAN-BRAZIL TRADE

Taipei, July 13 (CNA) A Brazilian product exhibition is being held to promote bilateral trade between Taiwan and Brazil, which still has a lot of room of growth, the Brazilian Business Center in Taipei (BBCT) said Friday.

The exhibition, which features Brazilian products including organic foods, juice, wine, jewel, shoes and handicrafts, is taking place at The Mall in Far Eastern Shopping Center from July 13 - 18.

"This annual event can be seen as a two part promotion. It's for the promotion of those Brazilian products that are already being imported, as well as a means of attracting Taiwanese investors to do more business in Brazil, " said Sergio Caldas Mercador Abi-sad, Director of the BBCT.

Taiwan-Brazil trade has been growing steadily, but there is still so much can be done from both sides, he said, adding that Taiwanese businessmen who are interested in investing in Brazil are always welcome.

There have been more Taiwanese businesses, mostly from the electrical and mechanical industries, investing in Brazil, BBCT Senior Commercial Officer Suzana Yu said.

One should be optimistic about possible future collaboration between Taiwan and Brazil, Yu said, pointing out that a number of Taiwanese companies are trying to establish partnerships in Brazil to develop biofuels.

Over the past ten years, Brazil has emerged as a world leader in the biofuel industry.