Taiwan has completed free trade agreement (FTA) consultations on all issues, including country of origin and market access issues, with El Salvador and Honduras.
Failure to agree on sugar quotas yesterday prompted Taiwanese President Chen Shui-bian to delay the signing of a Free Trade Agreement (FTA) with El Salvador, saying that the two countries must first iron out their differences.
In one of his last official acts as chairman of the US House International Relations Committee, Henry Hyde, one of Taiwan's leading champions in Congress, has urged the administration of US President George W. Bush to begin talks on a Free Trade Agreement (FTA) with Taiwan "as soon as possible."
After the negotiations for the "Doha Round" of world trade talks collapsed at the end of July, Brazilian Foreign Minister Celso Amorin said that international trade would revert to the law of the jungle, with the strong lording it over the weak.
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.
A free trade agreement (FTA) with the United States is a much desired policy aim in Taiwan. It would increase Taiwan's trade and bind the island more closely to the U.S., Taiwan's most important ally -- even if formal links are lacking. But what is in it for Americans? This, after all, is what will carry weight with Washington.