Taiwan offers springboard for Panama exports

Taiwanese authorities in Panama claimed that Panamanian products and companies can use Taiwan as a springboard for trade with mainland China and other emerging markets.

 

Last month, Taiwan and Beijing signed an accord similar to a free- trade agreement.

 

Under the accord, Panama’s exports to Taiwan will qualify as tariff- free imports by China. At present, China charges a 9 percent tariff on Panama’s imports.