Taiwan actively seeks bilateral free trade agreements, though it is hampered in this effort by its status vis-a-vis China. It has FTAs already with Panama (2003), Guatemala (2005), Nicaragua (2006), El Salvador (2007) and Honduras (2007). It is negotiating with Dominican Republic and Paraguay. And it hopes to negotiate further deals with Costa Rica, Israel, Swaziland, Japan, the US of course, Korea, New Zealand, Singapore and Mexico. Taipei’s emphasis on Central American countries as FTA partners is to gain access to the US market under NAFTA and CAFTA. But now Taiwan is in talks with China for a possible FTA following the signing of the Economic Cooperation Framework Agreement (ECFA) between the two governments in 2010.
last update: May 2012
Photo: simonwai/CC BY-NC-SA 2.0
Taiwan will continue to enhance economic ties with its Central American allies through either bilateral Free Trade Agreements (FTAs) or the "Jung Pang Project," President Chen Shui-bian said yesterday.
n executive committee was established in Taipei yesterday to oversee the execution of a Taiwan-Guatemala free trade agreement (FTA) that took effect July 1.
Honduran President Manuel Zelaya is expected to visit Taiwan and sign a free trade agreement (FTA) with President Chen Shui-bian in October, Taiwan officials stationed in the Central American country said yesterday.
Taiwan’s Ministry of Economic Affairs announced Sunday that a second round of free trade agreement (FTA) talks with El Salvador and Honduras was scheduled to kick off the following day in San Francisco.
Taiwan hopes to sign a free trade agreement with El Salvador in October, if negotiations could be completed smoothly, Director-general of the Ministry of Foreign Affairs’ Department of Central and South American Affairs Ko Jai-son said on Tuesday.
Taiwan and Nicaragua have signed a free trade agreement (FTA) pledging to join forces to explore the North American market, the Board of Foreign Trade said.
Taiwan will sign a free trade agreement with Nicaragua June 16 to further boost bilateral trade and economic cooperation, government officials said Wednesday.
The first round of Taiwan’s free trade agreement (FTA) negotiations with El Salvador and Honduras is expected to take place from Monday to Wednesday in Central America, officials with the Ministry of Economic Affairs said on Thursday.
Taiwan president Chen Shui-Bian said yesterday that negotiations with the Dominican Republic are advancing toward the signing of a Free Trade Agreement, in which both nations seek to establish a strategic economic and trade alliance that allows them to conquer the United States market.
The Taiwan government hopes to start negotiating with Singapore on a free trade agreement (FTA) within the next two years, the nation’s representative to Singapore Hu Wei-jen said yesterday.