Trade mission to sign deal on American produce

Radio Taiwan International
Date: 2017-09-12

An agricultural trade mission from Taiwan is in the US this week to sign a letter of intent on the purchase of American produce.

The signing of a letter of intent will set the stage for the purchase of US$3 billion worth of US soybeans, wheat and corn over the next two years.

In the online edition of the Washington Times, Taiwan’s representative to the US, Stanley Kao, said the letter sends a message that Taiwan values its ties with the US.

Kao said he hopes the deal will sow the seeds for mutually beneficial Taiwan-US trade. He said Taiwan is the tenth-biggest US trading partner. Meanwhile, he said that Taiwanese investments in the US have created 330,000 local jobs.
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