Home breadcru News breadcru Announcement breadcru 'Textiles at centre of Taiwan's new trade arrangements'

'Textiles at centre of Taiwan's new trade arrangements'

16 Jan '17
1 min read
President Tsai Ing-wen delivering remarks before boarding her plane bound for Central America. Courtesy: Presdient
President Tsai Ing-wen delivering remarks before boarding her plane bound for Central America. Courtesy: Presdient's office

Textiles should be at the heart of Taiwan’s thinking while developing new global trade arrangements and strategies, according to president Tsai Ing-wen. She felt that there is considerable development potential for the textile sector in Central America, according to a statement released by her office during her recent four-nation tour to the region.

“This is the time to begin thinking about new arrangements and new strategies, starting with the textile sector,” Ing-wen said, according to the statement.

During her week-long state visit to Honduras, Nicaragua, Guatemala and El Salvador, Ing-wen said that these Central American nations have free trade agreements with the US, which could be advantageous for Taiwanese manufacturers.

Chan Cheng-tien, Taiwan Textile Federation chairman, was also part of the Taiwanese delegation that toured these nations. (RKS)

ALCHEMPro News Desk – India

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!