Radio Taiwan International
Date: 2017-11-09
The Philippines may be the first country covered by the government’s New Southbound
Gordon Sun of the Taiwan Institute of Economic Research said the signing of an investment agreement between Taiwan and the Philippines should be a relatively easy process. (CNA file photo)
policy to sign a new investment agreement with Taiwan.
An unnamed source said details of a revised Bilateral Investment Agreement have been agreed over the past few days. The agreement is said to open more areas to investment than previously, including intellectual property. The agreement also reportedly ensures Taiwan receives the same protections as other countries. The deal is also said to allow Taiwanese investors to appeal to the government of the Philippines to mediate in cases of dispute.
Gordon Sun of the Taiwan Institute of Economic Research said the signing of such agreements should be a relatively easy process. [FULL STORY]