Taiwan and Paraguay on Thursday signed memorandums of understanding on African swine fever prevention and the promotion of bilateral trade, as well as a letter of intent on industrial policy cooperation.
The agreements were signed in Taipei at the 21st Republic of China-Paraguay Economic Cooperation Conference, co-chaired by Minister of Economic Affairs Wang Mei-Hua (王美花) and Paraguayan Minister of Commerce and Industry Luis Alberto Castiglioni.
The memorandums state that Taiwan is to help Paraguay improve its border controls against African swine fever through exchanges on inspection techniques. It is also to continue promoting trade-related cooperation between the countries.
Photo courtesy of the Ministry of Foreign Affairs
The letter of intent says that Taiwan is to provide experience-based recommendations and guidelines on Paraguay’s industrial policy as a tool for its economic development.
Wang said the nurturing of scientific and technological talents would help Paraguay’s industrial development, adding that Paraguay’s rich water and power resources would benefit cooperation in these fields.
Castiglioni said that the bilateral conference, which has been held since 1971, has become one of the most important platforms for economic and trade cooperation between the two countries.
Castiglioni led a delegation of Paraguayan government officials and business representatives that arrived in Taiwan on Monday and departed yesterday.
Taiwan last year became the third-largest importer of beef from Paraguay, totaling US$160 million, the Ministry of Economic Affairs said, adding that bilateral trade between the two countries continues to grow.
Taiwan established diplomatic relations with Paraguay in 1957. It is one of Taiwan’s 14 diplomatic allies and the only one in South America.
Beijing could eventually see a full amphibious invasion of Taiwan as the only "prudent" way to bring about unification, the US Department of Defense said in a newly released annual report to Congress. The Pentagon's "Annual Report to Congress: Military and Security Developments Involving the People's Republic of China 2025," was in many ways similar to last year’s report but reorganized the analysis of the options China has to take over Taiwan. Generally, according to the report, Chinese leaders view the People's Liberation Army's (PLA) capabilities for a Taiwan campaign as improving, but they remain uncertain about its readiness to successfully seize
Taiwan is getting a day off on Christmas for the first time in 25 years. The change comes after opposition parties passed a law earlier this year to add or restore five public holidays, including Constitution Day, which falls on today, Dec. 25. The day marks the 1947 adoption of the constitution of the Republic of China, as the government in Taipei is formally known. Back then the Chinese Nationalist Party (KMT) governed China from Nanjing. When the KMT, now an opposition party in Taiwan, passed the legislation on holidays, it said that they would help “commemorate the history of national development.” That
Taiwan has overtaken South Korea this year in per capita income for the first time in 23 years, IMF data showed. Per capita income is a nation’s GDP divided by the total population, used to compare average wealth levels across countries. Taiwan also beat Japan this year on per capita income, after surpassing it for the first time last year, US magazine Newsweek reported yesterday. Across Asia, Taiwan ranked fourth for per capita income at US$37,827 this year due to sustained economic growth, the report said. In the top three spots were Singapore, Macau and Hong Kong, it said. South
Snow fell on Yushan (Jade Mountain, 玉山) yesterday morning as a continental cold air mass sent temperatures below freezing on Taiwan’s tallest peak, the Central Weather Administration (CWA) said. Snowflakes were seen on Yushan’s north peak from 6:28am to 6:38am, but they did not fully cover the ground and no accumulation was recorded, the CWA said. As of 7:42am, the lowest temperature recorded across Taiwan was minus-5.5°C at Yushan’s Fengkou observatory and minus-4.7°C at the Yushan observatory, CWA data showed. On Hehuanshan (合歡山) in Nantou County, a low of 1.3°C was recorded at 6:39pm, when ice pellets fell at Songsyue Lodge (松雪樓), a
RSS