Director of Central American Development Bank visits Taiwan

Taipei, July 26 (CNA) The head of the Central American Bank for Economic Integration (CABEI) will visit Taiwan next week to mark the first anniversary of the opening of CABEI’s Taiwan office, the Foreign Ministry announced. (MOFA). Tuesday.

Dante Mossi, executive chairman of CABEI, a regional multilateral development finance institution of which Taiwan is a member, will lead a six-member delegation to Taiwan from July 31 to August 5, MOFA said in a press release.

The upcoming trip will mark the first time a CABEI delegation will visit Taiwan after CABEI opened its first Asia country office in Taiwan in July 2021, he said.

The trip will also mark the 30th anniversary of Taiwan’s joining CABEI in 1992, MOFA added.

During the visit, Mossi will meet President Tsai Ing-wen (蔡英文) and Prime Minister Su Tseng-chang (蘇貞昌), and receive an award from Foreign Minister Joseph Wu (吳釗燮) in recognition of her contribution. to the improvement of Taiwan. relationship with CABEI.

Wu will also sign an agreement with Mossi to strengthen bilateral cooperation on women’s empowerment.

During his trip, Mossi will officially open the CABEI country office in Taiwan, as a nationwide outbreak of COVID-19 had prevented an in-person ceremony from being held in 2021 when the office opened.

In a tweet, Mossi said his upcoming trip to Taiwan was to “thank the support of our largest shareholder” and to inaugurate CABEI’s office in Taiwan.

Founded in 1960 by Guatemala, El Salvador, Honduras, Nicaragua and Costa Rica, CABEI is a multilateral regional development finance institution that provides resources to projects that promote regional development, reduce poverty and inequality and strengthen regional integration.

Guatemala and Honduras are diplomatic allies of the Republic of China (ROC, Taiwan’s official name) while the other three founding members of CABEI are former diplomatic allies who broke off relations with the ROC in the last 15 years.

Taiwan became a non-regional member country of CABEI in 1992 and holds an 11.09% stake in the bank, the highest among the seven non-regional members.

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