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
Japan has refused to resume discussions on an economic partnership agreement (EPA) with Taiwan until it lifts a ban on food imports from radiation-affected areas of Japan.
Taiwan will seek the support of the United States for signing bilateral and multilateral investment and free trade agreements, the Taiwanese President has said.
Taiwan has urged the European Union (EU) to sign a bilateral investment agreement as soon as possible in order to create a better investment climate for businesses.
The new law will require the labor ministry to offer ‘appropriate supporting aids’ to people working in negatively impacted industries and companies.
Vietnam has agreed to start talks on a new Taiwan-Vietnam Bilateral Investment Agreement to provide more protection for Taiwanese businessmen investing in the Southeast Asian country.
The Taiwanese government has turned its focus to the Trade in Services Agreement (TiSA) currently being negotiated by 25 countries and regions that account for 70% of the global trade in services.
Following signature of the China-Australia FTA last month, Taiwan will express the idea of signing one with Australia at an upcoming vice ministerial-level trade and economic meeting between the two nations in Taipei.
Duh Tyzz-jiun (杜紫軍), minister of the National Development Council (NDC), Thursday called for both Taiwan and the European Union to expedite the process of signing a bilateral investment agreement (BIA).
The Indian government has turned down Taiwan’s request to take a further step in advancing an economic cooperation agreement for the time being as it focuses on joining the Regional Comprehensive Economic Partnership, the Ministry of Economic Affairs said yesterday.