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
South China Morning Post
Officials say deal unnecessary because ‘stable conditions for investors do exist in Taiwan’ amid reluctance behind scenes to anger Beijing.
The talks about a so-called "Foreign Investment Promotion and Protection Arrangement" aligns with Canada’s plan to increase trade and influence in the fast-growing Indo-Pacific region.
Taiwan hopes to sign a trade deal with the UK, and that Britain will support Taiwan’s membership of the trade group, President Tsai said.
Taiwan hopes it can work with the United Kingdom on signing a bilateral investment deal, President Tsai Ing-wen (蔡英文) told a visiting British minister in a meeting in Taipei.
China has lashed out at the UK for sending trade minister Greg Hands to talks in Taiwan, insisting that “official contacts” with the self-governing island republic must cease.
The restructuring of global supply chains and transformation of our economies bring enormous potential for closer, mutually beneficial cooperation between Taiwan and the EU, President Tsai Ing-wen said.
Taiwan’s government officials touted its leading position in the chip sector on Tuesday while appealing to the European Union to start talks for a trade deal, which Taipei has long sought.
Semiconductor-powerhouse Taiwan held high-level trade talks with the European Union.
South China Morning Post
The European Union will upgrade its trade and investment relations with Taiwan, as it looks to tap into Taipei’s “role as a hi-tech leader”, having earlier ditched the plan to avoid angering China.
Taiwan and Canada have agreed to start talks on an investment protection agreement, both governments said on Monday, part of the Chinese-claimed island’s efforts to boost ties with fellow democracies in the face of growing pressure from Beijing.