Taipei to play host to seminar about investing in Nicaragua


TAIPEI — A seminar on trade and investment opportunities in Nicaragua will be held in Taiwan next month to promote the business opportunities available in that country, the organizers said Thursday.

Javier Chamorro, an official with Nicaragua’s official investment promotion agency, will give a presentation at the seminar on April 10 to introduce the country’s investment environment, said the Taipei-based Chinese International Economic Cooperation Association.

The seminar will be attended by representatives of Taiwanese companies, it added.

Nicaragua offers potential opportunities for Taiwanese companies in the furniture manufacturing, food processing, exquisite agriculture, shoe manufacturing, aquaculture and resort development sectors, among others, said the association, which has been commissioned by the Ministry of Foreign Affairs to hold the seminar.

The central American country’s plans to build an oil refinery and a canal linking the Pacific and Atlantic oceans are also expected to create considerable business opportunities, the association said.

Chamorro will visit Taiwan from April 8 to 12, in an effort to promote trade and investment opportunities in his country, according to the association.

Nicaragua is one of Taiwan’s 23 diplomatic allies, and a free trade agreement between the two countries took effect in 2008.