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.
Guatemala, through the visit of CABEI to the Republic of China (Taiwan), will strengthen the ties of cooperation in favor of development
Guatemala's representative before CABEI held important meetings with authorities from the country's ministries of foreign affairs, finance, and economic affairs.
Guatemala City, September 6th, 2022.- In order to strengthen relations between the Central American region and the Republic of China (Taiwan) and identify opportunities for collaboration to promote sustainable development in strategic sectors, this week the Director for Guatemala before CABEI, Pedro Brolo Vila, is visiting this extra-regional partner country of the Bank.
As part of the mission, an important meeting was held with Dr. Jaushieh Joseph Wu, Minister of Foreign Affairs (MOFA); a space in which Director Brolo received the "Order of the Shining Star" award for his support to strengthen the ties of cooperation between the two nations. A visit was also made to the International Cooperation and Development Fund (TaiwanICDF).
“These meetings allow us to identify and promote new ways of work and cooperation, including investment and development for our Central American region. We welcome the fact that our member countries are coming closer and seeking the common good to improve the quality of life of Central Americans” said the executive president of CABEI, Dr. Dante Mossi.
Pedro Brolo Vila, director for Guatemala before CABEI, added, “I am flattered to receive this recognition from a friendly country that has supported Guatemala's sustainable development in strategic sectors such as MSME, health, education, agriculture, and housing, so much. Taiwan continues to support overcoming the present and future challenges we still have as a region.”
High-level meetings will be held in the coming days with Taiwan's Ministries of Finance and Economic Affairs, as well as with the Foreign Trade Development Council and the Vice-President of the Hua Nan Trade Bank. A visit to the Brogent technology company and relevant infrastructure projects such as the shinkansen station in Taipei and the port of Kaohsiung, are also foreseen.