Taiwan-Marshall Islands Hold 1st ECA Joint Committee Meeting, Advancing Bilateral Trade

Taiwan’s Ministry of Economic Affairs and the Marshall Islands held the 1st Joint Committee Meeting under their Economic Cooperation Agreement (ECA), signing Resolution No. 1 on committee procedures to formalize institutional operations. Key outcomes include trade promotion cooperation targeting Marshall Islands seafood, coconut oil, and handicrafts in Taiwan, plus agricultural and renewable energy technical cooperation. Since the ECA took effect in January 2025, 3,043 Marshall Islands products enjoy zero tariffs entering Taiwan, while Taiwan enjoys preferential tariffs on 267 products, with bilateral trade growing 74.23% in 2025.