A delegation from Taiwan called on the office-bearers of Chamber of Small Industry Associations (COSIA),Vidarbha Chapter to develop trade promotion network to help Indian enterprises to connect with the global market. Welber Wang, Director of TAITRA, an Taiwan Trade Organization & Market Intelligence led the delegation and outlined the mission statement of TAITRA which is instrumental in promoting and developing the trade relations of Taiwan with different countries. During the detailed presentation to COSIA office-bearers, Wang said that a small country like Taiwan with a population of only 23.3 million had a GDP of USD 571 billion mainly because of its innovations and inventions in technology field.

 

He highlighted that Taipei World Trade Centre, Mumbai is carrying out trade missions and exhibitions, facilitates procurement cases for international firms, collects and reports business snippets to local traders and invites prospective buyers to visit Taiwan for developing trade relations. CA Julfesh Shah, Chairman of COSIA, Vidarbha Chapter said that they will take various initiatives to promote trade relations of entrepreneurs from Vidarbha with Taiwanese enterprises. Presently India stands at No. 19 in order of trade relationship with Taiwan while China, USA, Japan, Hongkong and Korea being the top 5 on the list. He assured the delegation that they will propagate to promote the enterprises from Vidarbha region to participate in various trade shows and exhibitions promoted by TAITRA. Sudarshan Shende, Vice- Chairman, COSIA welcomed the guests, Pranav Ambaselkar, Secretary, COSIA proposed vote of thanks. Wrushabh G, Co-ordinator of TAITRA, Manish Shende and other office-bearers of COSIA were present on the occasion.