Taiwan intends to purchase US$3.5 billion-worth of crops from U.S.

The three documents were signed in a ceremony on Capitol Hill by Taiwan Vegetable Oil Manufacturers Association Chair Supervisor Wang Han-yeh and American Soybean Association First Vice President Rob Joslin; Taiwan Feed Industry Association Chairman Hung Yao-kun and U.S. Grain Council Chairman Rick Fruth; and Taiwan Flour Mills Association Executive Director Hung Shao-fu and U.S. Wheat Associates President Alan Tracy.

Addressing the ceremony, Taiwan's representative to the United States Jason Yuan noted that Taiwan is currently the ninth-largest trade partner of the United States and the seventh-largest market for U.S. agricultural exports, with 95 percent of Taiwan's wheat imports

supplied by the United States.

In terms of per capita consumption, Taiwan is the world's largest consumer of U.S. agricultural products, Yuan added.

He said the visit by the Taiwan delegation is aimed at demonstrating the importance attached by Taiwan to its economic and trade relations with the United States, in the hope that the two sides will sign a free trade agreement soon.

The 22-member delegation is headed by Paul M.H. Sun, chairman of the World Vegetable Center and a former chairman of the Council of Agriculture.

After leaving the U.S. capital, the delegation will travel in two groups to various U.S. states for field visits and meetings with local organizations and officials.

Their destinations will cover Indiana, Illinois, Iowa, Missouri, Kansas, North Dakota, Montana and California.

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