El Salvador top court suspends scrapping of Taiwan trade accord
SAN SALVADOR (Reuters) - El Salvador’s highest court on Wednesday temporarily suspended the cancellation of a free trade agreement with Taiwan, after the Central American nation’s sugar industry filed a request for an injunction, arguing the move would hurt its business interests.
The United States in August criticized El Salvador’s decision to ditch diplomatic ties with Taiwan in favor of China, saying the change was of grave concern to Washington.
El Salvador’s sugar chamber filed the request for the injunction with the country’s highest court, saying the December decision by President Salvador Sanchez Ceren to cancel the trade agreement put the sector’s property rights and legal security in jeopardy.
Read more at: https://www.reuters.com/article/us-el-salvador-taiwan/el-salvador-top-court-suspends-scrapping-of-taiwan-trade-accord-idUSKCN1QU340
Good.
China has sought to talk other countries out of doing business with Taiwan and recognizing Taiwan. They invest in these countries hoping to persuade them. This has been bad for Taiwan.
