Taiwan's ambassador in Nicaragua, Ingrid Hsing, said exports in 2006 totaled $5.7 million, but by the end of 2011 they had increased to $38.9 million.

In the current year, beef exports alone have generated revenues of $12.6 million.

"We have the opportunity to keep growing, we are in possession of an efficient mechanism, such is the Free Trade Agreement", said the diplomatic according to Elnuevodiario.com.ni

Source: elnuevodiario.com.ni

More on this topic

Nicaragua Has More Business Opportunities in Taiwan

January 2013

Opportunities exist every day for Nicaraguan exporters, provided that they make progress in the industrialization and productivity of their products.

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May 2011

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Nicaragua and Taiwan Increase Commercial Trade

February 2009

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Elnuevodiario.com.ni publishes: "The commercial exchange between China-Taiwan and Nicaragua increased by almost 90 percent last year, which the Ambassador of the Asian country, Chin Mu Wu, attributed to the start of enforcement of the free trade agreement, TLC, among both nations."