Free trade agreements of Taiwan

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Taiwan has concluded free trade agreements (FTAs) and other agreements with a trade component with countries around the world and is negotiating with others.

Trade agreements in force

More information No., State ...
No.[1] State Officially Signed Fully enforced Notes
1  Panama 21 August 2003 1 January 2004 Taiwan's first-ever FTA[2]
2  Guatemala 22 September 2005 1 July 2006 [3]
3  Nicaragua 16 June 2006 1 January 2008 Nicaragua unilaterally terminated the agreement in December 2021. Taiwan then suspended its operation of the agreement, effective 1 July 2022.[4]
4  El Salvador and  Honduras 7 May 2007 25 July 2008 [5]
5  China 26 January 2010 29 June 2010 [6]
6  New Zealand 10 July 2013 1 December 2013 [7]
7  Singapore 7 November 2013 19 April 2014 [8]
8  Paraguay 12 July 2017 28 February 2018 [9]
9  Eswatini 8 June 2018 27 December 2018 [10]
10  Belize 30 September 2020 25 January 2024 [11]
11  Marshall Islands October 2019 15 January 2025 [12]
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Trade agreements under negotiation

United States

A first agreement under the U.S.–Taiwan Initiative on 21st Century Trade, covering anti‑corruption, customs, trade facilitation, and SME support, entered into force on 10 December 2024. Ongoing discussions are addressing additional areas like labour, the environment, and agriculture, with the aim of ultimately establishing a full Free Trade Agreement—though such negotiations are currently. Recent talks in early 2025 focusing on tariffs have proceeded smoothly, with Taiwan signaling a push toward zero-tariff trade with the U.S.[13]

Canada

A Foreign Investment Promotion and Protection Agreement (FIPA) was signed in late 2023 and is progressing toward implementation.[14]

European Union

Taiwan participates in the EU–Taiwan Trade and Investment Dialogue since 2022, and aims for a broader Bilateral Investment Agreement—though formal talks have yet to begin.[15]

United Kingdom

Taiwan also signed an Enhanced Trade Partnership (ETP) with the United Kingdom in November 2023, serving as a framework toward a possible FTA.[16]

Comprehensive and Progressive Agreement for Trans‑Pacific Partnership (CPTPP)

Taiwan applied for CPTPP membership in September 2021, and continues informal engagement as existing members review its accession.[17]

See also

References

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