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NewsWhore
04-24-2008, 03:30 PM
Taiwanese Ambassador Isaac Tsai has expressed his interest in supporting the Dominican private sector as well as continuing work with the government to form strategic alliances. He mentioned that Taiwan companies can install themselves here in order to access the US market under the DR-CAFTA agreement. Tsai said that agriculture requires technological advances and Taiwanese companies are in the DR providing advice on how to improve the cultivation of rice, greens and bamboo, as well as shrimps and other seafood. Tsai said that small and medium-sized business need to be strengthened because they sustain economies. He gave the example of Taiwan that has 23 million citizens and 1.3 million small and medium-sized businesses representing 98% of jobs and 77% of production revenues. Tsai also touted Taiwan's record as being a technological haven, which has earned it the top spot for technological advances in eleven products. In 2006 alone Taiwan registered 6,300 patents. Taiwan is also a possible tourist market for the DR. He commented 8.9 million of Taiwan's 23 million inhabitants traveled abroad last year.

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