TAIPEI – Three Nicaraguan ministers reached Taiwan on Friday for an official visit, the Taiwanese Ministry of Foreign Affairs said in a statement.
Foreign minister Denis Moncada, along with the minister for finance and public credit Ivan Acosta and the minister of development, industry and trade Orlando Solorzano will meet Taiwanese President Tsai Ing-wen and foreign minister David Lee during the visit.
“The visit was agreed upon during Tsai’s visit to Nicaragua and seeks to foster bilateral trade, investment and cooperation,” Nicaraguan sources told EFE Friday.
Moncada, Acosta and Solorzano will visit the Ministry of Finance, Ministry of Economic Affairs, International Cooperation and Development Fund, the Export-Import Bank of the Republic of China and the Taiwan External Trade Development Council, among other institutions, said the statement.
Tsai Ing-wen had visited Nicaragua in January, as part of her four-country tour to Central America, aimed to promote bilateral economic, trade and cooperation.
Taiwan has invested millions of dollars in around 30 projects that include food production, fruit cultivation, pig breeding in Nicaragua.
Nicaragua is one of the 21 countries that maintains diplomatic relations with Taiwan.