Taiwan and Canada signed the Foreign Investment Promotion and Protection Agreement (FIPA)
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After over two years of negotiations, the Foreign Investment Promotion and Protection Agreement (FIPA) between Taiwan and Canada was officially signed on December 22. The agreement was completed in October after negotiations between Taiwan's Ambassador to Canada, Dr. Harry Tseng , and the representative of the Canadian Trade Office in Taipei, Jim Nickel.
Ambassador Tseng remarked that the Taiwan-Canada investment agreement is particularly significant as it is Canada's first investment agreement signed externally after revising its investment agreement template in 2021. The agreement is expected to strengthen supply chain connections and resilience, highlighting Taiwan's importance in the global supply chain.
