Taiwan says it has completed negotiations with Canada over a bilateral foreign investment deal and welcomed the rapid conclusion of the talks. Taiwan and Canada have no diplomatic relations, but their economic and trade relations have been growing. Each other’s investments are increasing in areas related to semiconductors and renewable energy. The two sides launched the negotiations for the Foreign Investment Promotion and Protection Arrangement in February. The deal is designed to protect businesses of both sides. Taiwanese authorities made the announcement on Tuesday. They say the pact will prohibit setting new regulations for investments without advance agreement. It will also encourag
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