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ESWATINI COMPANIES’ LUCRATIVE TRADE DEALS

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MBABANE – Eswatini Investment Promotion Authority (EIPA) and Taiwan External Trade Development Council (TAITRA) have once again facilitated the participation of Eswatini-based traders in the Giftionery 2021 trade show in Taipei, Taiwan. At least nine local traders from Eswatini began exhibiting their goods at the trade show last Thursday. The event ran until this past Sunday, offering these local traders exposure to buyers and business opportunities from all around the world, in particular the broader Asian market. Eswatini’s participation in this trade show forms part of the country’s efforts to deepen trade relations with Taiwan under the Economic Cooperation Agreement signed in 2018 while also encouraging trade between local companies and highly profitable markets in Asia.

represented

Due to COVID-19 travel and health regulations, companies from Eswatini were being represented by The Eswatini Embassy in Taiwan and TAITRA. The nine companies representing Eswatini exhibited products including fashion wear and accessories, aloe products, handicrafts, tableware and other home décor, leather products, embroidered goods and recycled products. “These showcase Eswatini’s ability to produce products in line with world class standards,” shared EIPA in a statement.  Between June and December last year, Eswatini participated in at least four trade events held in Taiwan with nine traders in the food and beverages sector and eight traders in the handcraft sector promoting their goods to buyers and distributors in Taiwan and Asia. These exhibitions benefitted local companies as trade deals amounting to US$1.1 million (about E17 million) were settled by Eswatini businesses with different companies who placed their orders for products from Eswatini.

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