TAIWAN TRADE GROUP FROM 10 FIRMS PLAN SHOPPING TRIP TO US

TAIWAN TRADE GROUP FROM 10 FIRMS PLAN SHOPPING TRIP TO US

A trade mission representing 10 leading Taiwan companies will visit the United States in May to purchase U.S. products.

The mission is organized by the China External Trade Development Council, or Cetra, the leading trade-promotion body in Taiwan.Participants in the mission primarily will be looking for electronics, waste-treatment and pollution-control equipment, laboratory experiment equipment, medical equipment and automation equipment.

Although the exact itinerary of the trip has not been settled, the mission is considering visiting Ohio, Maine, New York, New Jersey, Massachusetts, Maryland and Illinois, as well as some trade fairs, during its 20-day stay.

We want to encourage people to buy more from the United States and get more technology from there, Jim Lin, a commodity specialist with Cetra, told The Journal of Commerce.

The hope is to reduce the island's trade surplus with the United States.

U.S. Commerce Department statistics show Taiwan's surplus climbed to US$18.9 billion in 1987, despite a 40 percent appreciation of the New Taiwan

dollar against the U.S. dollar over 18 months and in spite of wide-ranging import tariff reductions last year.

Taiwan's exports to North America in January this year totaled US$2.2 billion, up 32 percent from the US$1.7 billion of January 1987, Taiwan has reported.

The U.S. Commerce Department has not reported January trade figures.

Cetra officials said Thursday Taiwan will benefit from the import of new industrial products and transfer of technology from the United States.

The Washington office of Taiwan's Coordination Council for North American Affairs - which represents its interests in lieu of diplomatic relations - will provide information to interested parties in the United States.