Radio Taiwan Innternational
Date: 2018-06-15

President Tsai Ing-wen on Friday met a delegation from Paraguay led by the country’s

President Tsai Ing-wen on Friday met a delegation from Paraguay led by the country’s minister for industry and commerce, Gustavo Leite. (CNA photo)

minister for industry and commerce, Gustavo Leite. Paraguay is Taiwan’s only diplomatic ally in South America.

Tsai said Taiwan and Paraguay share the same values of freedom and democracy and have cooperated in many areas for many years. The president noted that trade between Taiwan and Paraguay has seen a marked increase in recent years. Taiwan now imports over 10,000 tonnes of Paraguayan beef every year. An economic cooperation agreement between the two sides also came into force in February this year.

The minister’s delegation is in Taiwan to introduce his country’s investment environment and opportunities to local businesses. The president said she hopes Paraguay can be a base for Taiwan’s companies to develop internationally, with benefits for both sides.   [FULL  STORY]]