World Perspectives

Taiwan FTA Foolery

U.S. House Speaker Nancy Pelosi is doubling down on her support of Taiwan and attack on China. She said a free trade agreement (FTA) with Taiwan “might be possible and soon.” Congressional Democrats have historically shunned FTA’s due to opposition from organized labor. There is a bill calling for such an FTA pending before the Senate Foreign Relations Committee, but it would likely need special language to ensure an agreement passes Congress without serious amendment. So-called fast track authority or Trade Promotion Authority expired over a year ago.  Meanwhile, China could respond by impeding trade access to the island. The Washington Post reports that Pelosi’s visit was bigger news in Washington than Taipei...

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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