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President meets visiting Nicaraguan delegation
Publish Date: 2017/04/11
Update Date: 2017/04/11
Taipei, April 10 (CNA) President Tsai Ing-wen met with a visiting Nicaraguan delegation led by Foreign Minister Denis Moncada at the Presidential Office on Monday and thanked Nicaragua for voicing support for Taiwan's participation in the international community.

She said Nicaragua has spoken up on Taiwan's behalf in international forums on several occasions over the past two years.

Moncada's delegation includes Minister of Finance and Public Credit Ivan Acosta and Minister of Development, Industry and Commerce Orlando Solorzano, according to the Presidential Office.

When Tsai visited Nicaragua in January, she was greeted at the airport by Moncada, then an adviser on policy and international affairs to Nicaragua's president.

Tsai said Taiwan and Nicaragua maintain deep ties in many areas. In terms of trade, the two countries signed a free trade agreement in 2006 when Nicaragua exported US$8.6 million worth of goods to Taiwan, and those exports have grown nearly 10 times since.

"Taiwan has become Nicaragua's largest market in Asia," she said.

Tsai also noted that after she wrapped up an overseas trip to Central America in January, Taiwan's Ministry of Foreign Affairs organized a trade mission that toured Central America last week to explore opportunities for investment and procurement.

"We hope the two countries will work together to encourage and guide Taiwanese businesses to invest in Nicaragua and create a win-win situation based on the principle of reciprocity and mutual assistance," Tsai said.

Touching on cultural exchanges, Tsai said that between 2003 and 2016, 352 young Nicaraguans received scholarships from Taiwan to study on the island and 123 of them are still studying here, signaling the close relations between the two countries in this area.

Taiwan will also continue to promote bilateral exchanges in an effort to deepen relations with Nicaragua, one of its Central American diplomatic allies, she added.

The delegation is on a five-day visit to Taiwan that started on April 6. (Courtesy of CNA)
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