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Author: Radio Taiwan International
Published Date: 2017-08-16
Published Date: 2017-08-16
Taiwan and Nicaraguan officials are set to meet in September to review bilateral trade under their Free Trade Agreement which came into effect in 2008.Taiwan’s ambassador to Nicaragua Wu Chin Mu said that Nicaragua is sending a delegation to Taiwan to talk with officials on September 20 about bilateral trade.
In 2008, Nicaragua exported US$20 million worth of goods to Taiwan. Last year, that number was over US$56 million.
As for issues of concern in bilateral trade, Wu said Nicaragua’s cane sugar and beef are the products that have much potential in Taiwan’s market. Nicaragua also hopes to have reduced tariffs on agricultural and fish products. Taiwan diplomats hope its high tech products can be exported to Nicaragua.