Taiwan announced that it would stop with the Salvador Free Trade Agreement

The Taiwan Executive Yuan announced that it will stop the free trade agreement with El Salvador from next Monday (May 15).

The Taiwan Executive Yuan announced on the official website on Thursday (May 11) that the Taiwan Executive Court will be sent to Taiwan through the Ministry of Economic Affairs, the Ministry of Finance, and the Ministry of Foreign Affairs.The "Republic of China (Taiwan) (Taiwan) and the Republic of Salvador and the Republic of Honduras" shall be implemented for the Legislative Yuan for review.

Chen Jianren, the president of Taiwan, said that the Taiwan Sashahong Free Trade Agreement (FTA) between Taiwan and Sa Guo stopped implementing it and has a limited impact on Taiwan's overall trade.Explaining or changed to other FTA countries to purchase with Taiwan.

Chen Jianren pointed out that the case will take effect on May 15 this year. The Ministry of Economic Affairs and other ministries will actively communicate and coordinate with the party members of the Legislative Yuan, and complete the relevant legal procedures as soon as possible.

The establishment of diplomatic relations with mainland China in August 2018 with Salvador, Central America.The Taiwan Democratic Progressive Party's government first announced that it was discovered with Sa Guo before the establishment of diplomatic relations with Beijing with Beijing.Taiwan officials were informed of Salvador intentionally to negotiate with the mainland in June 2018. Taiwan Foreign Minister Wu Zhaozheng then went to Sa Guo to try to stabilize the friendship, but he still could not reverse the situation.

The Constitutional Court of the Supreme Court of El Salvador announced in November last year that the protection measures for the Salvado and Taiwan Free Trade Agreement will fail.The move marked the completely abolished by the Satai Pilot's Free Trade Agreement.

After another China, Honduras, the American country, announced that it had broken diplomatic relations with Taiwan on March 26 this year, and it was announced with mainland China.Tsai Ing -wen broke his diplomatic relations with the nine countries between seven years in Taiwan, and there were 13 diplomatic relations.