Focus Taiwan
Date: 2018/01/20
By: Emerson Lim and Ko Lin
Manila, Jan. 20 (CNA) An increase in investment and people-to-people interaction
between Taiwan and the Philippines is expected to continue this year, Taiwan’s representative to the Philippines Gary Song-huann Lin (林松煥) said Saturday.
Taiwanese investment in the Southeast Asian country reached an estimated US$19.71 million last year, Lin said, noting that he expects the figure to increase thanks to a new bilateral investment agreement (BIA) signed between the two countries last December.
The BIA establishes the terms for investment between participating countries, including factors such as most-favored-nation treatment, fair trade treatment and dispute resolution. [FULL STORY]