Indianapolis: A Taiwanese agricultural trade mission subgroup on Thursday signed two letters of intent (LOIs) with Indiana state partners to purchase soybeans and corn. The agreements were signed by representatives from the Taiwan Vegetable Oil Manufacturers Association and the Taiwan Feed Industry Association, marking the final stop of the Taiwanese soybean and corn subgroup after their visits to Arkansas and Ohio.
According to Focus Taiwan, Taiwan’s Deputy Minister of Agriculture Tu Wen-jane and Indiana Governor Mike Braun were present at the signing ceremony. Governor Braun described the agreements as mutually beneficial for both parties involved. Besides the soybean and corn subgroup, Taiwan has also sent a wheat group to South Dakota, Montana, and Idaho, and a beef group to Florida and Texas.
Tu Wen-jane highlighted that this year’s Taiwanese agricultural trade mission is the largest since the inaugural trip to the United States in 1998, signifying strong ties between the two regions.