Taiwan - Trade AgreementsTaiwan - Trade Agreements
Taiwan joined the WTO on January 1, 2002. Taiwan became a member of the Asia Pacific Economic Cooperation (APEC) in November 1991 and joined the Central American Bank for Economic Integration in 1992. Taiwan is also a member of the Asian Development Bank (ADB), the Pacific Economic Cooperation Council (PECC), and the Pacific Basin Economic Council (PBEC).
As of June 2019, Taiwan has signed four free trade agreements (FTA): one with Panama in August 2003, one with Guatemala in July 2005, one with Nicaragua in June 2006, and one with El Salvador and Honduras in May 2007. The FTAs with Panama and El Salvador are still operational, although Panama cut diplomatic ties with Taiwan in June 2017, and El Salvador followed suit in November 2018. In addition, Taiwan inked the Cross-Strait Economic Cooperation Framework Agreement (ECFA) with China in June 2010, and four Economic Cooperation Agreements (ECA): one with New Zealand in July 2013, one with Singapore in November 2013, one with Paraguay in February 2019, and one with Eswatini in May 2019. Further information about Taiwan’s bilateral and multilateral trade agreements is available on the Board of Foreign Trade’s (BOFT) website.
Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.
As of June 2019, Taiwan has signed four free trade agreements (FTA): one with Panama in August 2003, one with Guatemala in July 2005, one with Nicaragua in June 2006, and one with El Salvador and Honduras in May 2007. The FTAs with Panama and El Salvador are still operational, although Panama cut diplomatic ties with Taiwan in June 2017, and El Salvador followed suit in November 2018. In addition, Taiwan inked the Cross-Strait Economic Cooperation Framework Agreement (ECFA) with China in June 2010, and four Economic Cooperation Agreements (ECA): one with New Zealand in July 2013, one with Singapore in November 2013, one with Paraguay in February 2019, and one with Eswatini in May 2019. Further information about Taiwan’s bilateral and multilateral trade agreements is available on the Board of Foreign Trade’s (BOFT) website.
Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.