Bilateral Relations

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Bilateral Relations

With trade reaching CAD$5.5 billion in 2008, Taiwan is Canada’s fourth largest trade partner in Asia: Canada imported goods worth almost CAD$4 billion while exports amounted to CAD$1.5 billion.

Taiwanese investment in Canada increased by 25% in 2007 reaching CAD$114 million, while Canadian investment in Taiwan increased by 40% in 2006, reaching CAD$136 million.

Despite having no diplomatic relations, Canadian-Taiwanese relations are dynamic and are not limited to trade relations. For instance, the partnership between the NRC and the National Science Council of Taiwan is one of the most important R&D bilateral relations outside North America. Partnership agreement between Communications Research Centre Canada (CRC) and Taiwanese universities, and that of Agriculture and Agri-Food Canada and the Taiwanese Ministry of Agriculture that promote exchange in the field of agricultural science are only a few other examples of Canadian-Taiwanese relations.

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