Commitment to the well-being of the region.
The Republic of China (Taiwan) joined CABEI in 1992 and is one of the Bank's first non-regional members; its incorporation enabled the Bank to issue and place its first bonds on the international market. At the close of 2021, it is the non-regional member with the highest shareholding (11.4%) with a subscribed capital of USD776.3 million and contributions amounting to USD133.6 million.
In the coordination of development projects, the Republic of China (Taiwan) cooperation for the region focuses on key areas for poverty reduction, such as food security, education, agriculture, Micro, small and medium-sized enterprises, agribusiness, coffee producing sector affected by rust, export promotion and forestry and industrial development.
As a relevant fact, in 2020, thanks to the alliance with its non-regional partner country, CABEI made it's 19th issue in the Taiwan capital market, historically totaling US$ 2.3 billion.
In 2021, CABEI opened its representative office in the Republic of China (Taiwan) located at the Taipei 101 building.
CABEI holds meeting with the President of the Republic of China (Taiwan)
Technological innovation, cooperation and investment were some of the topics discussed during the meeting between the government and the multilateral.
Taipei, August 1st, 2022 - A delegation from the Central American Bank for Economic Integration (CABEI), led by its Executive President, Dr. Dante Mossi, met today with the President of the Republic of China (Taiwan), Tsai Ing-wen, to highlight the historic relationship between the nation and the Central American region.
On this occasion, the executive expressed deep appreciation for the constant support of the people and the Republic of China (Taiwan) to the Central American region "in times of urgency, which provided support and once again stepped forward to support the people of the region.
During the meeting, President Mossi recalled that the Republic of China (Taiwan) was the first extra-regional member to join CABEI in response to the CABEI's call to the international community in the early 1990s in solidarity with the region's development, and highlighted the resources that have been channeled through the Bank for the development of the countries, which to date total more than US$267.0 million in reimbursable resources and US$9.7 million in non-reimbursable resources.
Mossi explained that the resources have been allocated to the MSME sector, logistical and technical support to the health, education, agriculture and especially the coffee sector, and information and communications technologies. The country's capital within CABEI currently amounts to $776.3 million, which represents 11.4% of the total capital of US$7 billion.
"CABEI will continue to strengthen cooperation with the Republic of China (Taiwan) and CABEI member countries to guarantee the economic reactivation, prosperity and sustainability of the region," concluded Mossi after the meeting.