P.M. BRIEFING : Taiwan Plans U.S. Shopping Sprees
Taiwan will send five missions to the United States between August and early 1990 to buy American products worth about $1.5 billion to help narrow the trade gap between the two countries, officials said today.
Chang Chung-chien, vice economic minister, told reporters that an agricultural team will leave in August to buy about 600,000 tons of wheat and 50,000 tons of barley.
This will be followed by an industrial group that will buy machinery and equipment for power stations, oil refineries, petrochemical plants and telecommunications networks.
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