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El Salvador cancels Taiwan's agreement in close up to China
By Portal & Asociados
"The termination of this agreement is in line with that contemplated in the Memorandum of Understanding signed by the governments of El Salvador and China on August 21, 2018, which expresses that our country will immediately end all treaties and other official agreements signed with Taiwan”, El Salvador’s Foreign Ministry stated on a press release published on its website.
In August, El Salvador broke ties with Taiwan to establish relations with China, following similar decisions from the Dominican Republic and Panama. China later offered El Salvador about USD 150 million for social projects. However Lu Kang, spokesperson for the Chinese Foreign Ministry, denied any conditioning from its government to the government of El Salvador. “The diplomatic relationship between China and El Salvador was established on the basis of the one-China principle. Such bilateral relationship, upright and aboveboard as it is, has no under-the-table deals or tunneling practices”, Lu said.
Lu also showed confidence that El Salvador’s President-elect, Nayib Bukele, will further strengthen the relations initiated by his predecessor Salvador Sánchez Cerén, amid Bukele’s trip to Washington to meet with John Bolton, United States National Security Advisor, a country with which China’s relations have heavily deteriorated under the Presidency of Donald Trump.
“I believe Mr. Bukele will independently make the right choice that serves the greater good of international relations and responds to the trend of the times, ” Lu continued. “We look forward to working with Mr. Bukele and the government under his leadership to steer clear of external disturbances”, Lu concluded.
In February 2018, four free trade related resolutions signed between Taiwan and El Salvador went into effect, allowing annual reductions in tariffs on aloe vera juice, jello and tape from Taiwan, as well as dried pineapple, dried mango, dried plantain and dried banana from El Salvador.
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During her career, Mrs. Portal has helped numerous international law firms and in-house counsel with all facets of their IP matters in El Salvador and Central America. Her extensive practice includes work in trademarks, patents, industrial designs, utility models, copyrights, unfair competition, foreign investment, regulatory law/health registrations, licensing, franchising, appellations of origin, geographical indications, IP litigation, fashion law, new technologies, data privacy, cybersecurity, domain names, entertainment law, advertisement law, trade secrets, valuation of intangibles, and IP due diligence. She is also recognized for the great anti-piracy and anti-counterfeiting results she has delivered for her clients. She also helps coordinate Latin America Intellectual Property Protection for the firm.