|
|
|
|
Search: 
Latin American Herald Tribune
Venezuela Overview
Venezuelan Embassies & Consulates Around The World
Sites/Blogs about Venezuela
Venezuelan Newspapers
Facts about Venezuela
Venezuela Tourism
Embassies in Caracas

Colombia Overview
Colombian Embassies & Consulates Around the World
Government Links
Embassies in Bogota
Media
Sites/Blogs about Colombia
Educational Institutions

Stocks

Commodities
Crude Oil
US Gasoline Prices
Natural Gas
Gold
Silver
Copper

Euro
UK Pound
Australia Dollar
Canada Dollar
Brazil Real
Mexico Peso
India Rupee

Antigua & Barbuda
Aruba
Barbados
Cayman Islands
Cuba
Curacao
Dominica

Grenada
Haiti
Jamaica
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines

Belize
Costa Rica
El Salvador
Honduras
Nicaragua
Panama

Bahamas
Bermuda
Mexico

Argentina
Brazil
Chile
Guyana
Paraguay
Peru
Uruguay

What's New at LAHT?
Follow Us On Facebook
Follow Us On Twitter
Most Viewed on the Web
Popular on Twitter
Receive Our Daily Headlines


  HOME | Latin America (Click here for more)

Taiwan, Paraguay to Sign Historic Trade Deal to Reinforce Bilateral Ties

TAIPEI – Taiwan and Paraguay were due to sign on Wednesday an agreement on economic cooperation in Taipei on trade, investment and small and medium-sized enterprises to strengthen bilateral economic ties, the Taiwanese Ministry of Economic Affairs said.

Finance Ministers Lee Chih-kung of Taiwan and Gustavo Leite of Paraguay announced the successful conclusion of the negotiations between Taiwan and Paraguay on Tuesday.

A signing ceremony with President Tsai Ing-wen and her Paraguayan counterpart, Horacio Cartes, will be held in Taipei on Wednesday.

Leite said that the agreement represents an important step in securing markets in Asia and in fostering bilateral ties with the island nation.

The agreement is based on a trade and investment memorandum signed in 2001 and a consensus reached between the two ministers in 2016, according to Taiwan’s spokesperson for the ministry of economic affairs Chen Ai-lan.

President Cartes is in Taiwan on a three-day official visit to celebrate the 60th anniversary of diplomatic ties between the countries.

Paraguay is one of the 20 countries that recognize Taiwan as a sovereign and independent country, 11 of which are located in Latin America and the Caribbean.

The strengthening of bilateral ties follows Panama’s decision last month to establish diplomatic relations with Beijing at the expense of Taipei.

As part of the “One China” policy, Beijing considers the island nation a breakaway province that will eventually be reunited with the mainland, whereas Taiwan considers itself a sovereign state.

 

Enter your email address to subscribe to free headlines (and great cartoons so every email has a happy ending!) from the Latin American Herald Tribune:

 

Copyright Latin American Herald Tribune - 2005-2015 © All rights reserved