Taiwan is providing an estimated 3.5 million dollars grant to St. Lucia in the Caribbean to fund three projects identified by the PM Kenny Anthony administration.
Taiwan was represented at an International Civil Aviation Organization (ICAO) Assembly for the first time in over four decades when a Taiwanese delegation was present at the opening session of this year's meeting in Montreal last month.
China accepts that Taiwan signs economic cooperation agreements with other countries as long as they are not political and those countries do not interfere with the ‘one China policy’ which considers the island a province part of the nation, and not two nations as defended by Taipei.
Taiwan will continue to cooperate with Latin America as long as the relation is fair, legal and effective, said re-elected president Ma Ying Jeou who also described that links with Beijing will continue to be: “no unification, no independence and no arms”.
The Taiwanese Executive was leaning toward conditionally lifting a ban on the import of US beef that has been grown with a leanness-enhancing drug banned in Taiwan, the government said Monday.
China ratified support for Argentina’s sovereignty claim over the Falkland Islands. The message was delivered last week by Chinese President Hu Jintao's special envoy Jiang Shusheng and vice chairman of the Standing Committee of the National People's Congress and is part of the reciprocal policy in support of Taiwan as a province of China.
Foxconn in planning to invest as much as 12bn US dollars in Brazil, according to President Dilma Rousseff currently on an official visit to China. Taiwan-based Foxconn operates the majority of its factories in China, producing goods for firms like Apple, Hewlett Packard and Dell.
Paraguay the only Mercosur member with no formal diplomatic relations with China-Beijing, --since it only recognizes Taiwan--, is scheduled to open a trade office in Hong Kong (Peoples Republic of China) some time in the next few weeks.
A historic trade deal between China and Taiwan took effect Sunday signalling improvement in relations between the two countries after they were split by a civil war over 60 years ago.
China and Taiwan have signed a historic trade pact, seen as the most significant agreement since civil war split the two governments 60 years ago. The Economic Co-operation Framework Agreement (ECFA) removes tariffs on hundreds of products. It could boost bilateral trade that already totals 110 billion US dollars a year.