In 2003, Taiwan and Panama signed an FTA. One year after that (pact) was signed, the trade volume (between those two countries) more than doubled, or grew 112 percent,

January trade numbers appeared stronger than expected, in line with global growth momentum.

Throughout the process, builders have been pushing to resolve this dispute in a manner that leads to free trade, and we are pleased that this framework will ultimately lead to this favorable outcome. We urge both governments to quickly finalize the accord so that we can achieve this important objective as soon as possible.

This has resulted in a huge increase in the legal and illegal trade. With certain species going for £10,000 on the black market, it can be very lucrative.

Exports and imports will be the main growth drivers next year.

I trust that Taiwan is an ideal (FTA) partner for the Philippines. Taiwan is one of the top trading countries in the world, and the Philippines has a comparative advantage (when it comes to) labor- and capital-intensive industries.