
Canada Signs Landmark Agreement With Taiwan to Boost Bilateral Investment
Canada has inked a pivotal bilateral investment agreement with Taiwan in a bid to bolster both their economies. The move also aligns with Taiwan’s endeavours to increase economic ties with other democracies and pursue inclusion in a major Indo-Pacific trade pact. The Foreign Investment Promotion and Protection Arrangement (FIPA) was signed Dec. 22 in Taipei, Taiwan, between the Canadian Trade Office in Taipei and the Taipei Economic and Cultural Office in Canada, the de facto embassy of the self-ruled democracy. “This arrangement will inject more predictability into business dealings between Canada and Taiwan, and contribute to the mutual prosperity of our two economies,” the Canadian Trade Office in Taipei wrote on its official Facebook page....
