Taiwan, El Salvador and Honduras signed a trilateral free trade agreement in San Salvador May 7. Taiwan's fourth such agreement with Central American countries, the FTA was expected to boost trade among the three countries, ROC Minister of Economic Affairs Chen Ruey-long said in a May 5 report by Taiwan's Central News Agency.
Taiwan has signed a free trade agreement with El Salvador and Honduras to expand trade ties between the three countries, the Bureau of Foreign Trade said on Tuesday.
Five members of the US House of Representatives have proposed a resolution in support of signing a free trade agreement (FTA) between the US and Taiwan.
Taipei will sign free trade agreements (FTA) with El Salvador and Honduras tomorrow, making it the first multilateral FTA between Taiwan and its trade partners.
Taiwan's economics minister will fly to El Salvador Saturday to sign a free trade agreement (FTA) with El Salvador and Honduras, making them the fifth and sixth countries to sign an FTA with Taipei, the Economics Ministry said on Friday.
Taiwan should focus more on a Trade and Investment Framework Agreement (TIFA) rather than on a Free Trade Agreement (FTA) in the upcoming trade talks with the U.S., Stephen M. Young, director of the American Institute in Taiwan (AIT), told a press conference yesterday.
The South Korean-US FTA will have the greatest impact on Taiwan of all the agreements signed in the world thus far. Current estimates predict Taiwan will suffer trade losses to the tune of US$2 billion -- about 5 percent of Taiwan's total exports.
The EU's de facto ambassador to Taiwan told the European Chamber of Commerce in Taipei that it would be some time before the EU was able to evaluate the feasibility of a FTA with Taiwan. The prerequisites would be whether European companies see any need for or benefits from such a deal and whether the Taiwanese government is interested in signing a pact.