Foreign Minister Lin Chia-lung and Guatemalan President Bernardo Arévalo attended a seminar on investment opportunities in the allied nation June 5 in Taipei City, underscoring commitment to enhancing reciprocal economic and trade development.
Raymond Greene, director of the American Institute in Taiwan, Joseph Jye-Cherng Lyu, chair of the Taipei City-based Chinese International Economic Association and over 100 representatives from circular economy, electric vehicles, semiconductor and textile industry sectors attended.
Both Lin and Arévalo noted that economic exchange is at the core of bilateral cooperation and anticipated continued development in this area, the Ministry of Foreign Affairs said.
During the event, Gabriela García, the ally’s economic minister, gave a briefing on Guatemala’s investment climate and business opportunities. She hoped that Taiwan entrepreneurs would utilize Guatemala’s location as a base to expand markets in central America.
In addition to witnessing the signing of a letter of intent to facilitate mutual investment, Arévalo visited Hsinchu Science Park in the northern city, where he gained insight into the history and achievements of local industries by visiting semiconductor and textile businesses and sought cooperative opportunities.
Taiwan will continue to implement the Diplomatic Allied Prosperity Project to strengthen mutually beneficial partnerships with Guatemala, the ministry said. (POC-E)
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