10 Apr 2006

President of Mashall Islands starts 5 day visit to Taiwan

7:10 am on 10 April 2006

The president of the Marshall Islands starts a five-day state visit to Taiwan today.

It is Kessai Note's second state visit to Taiwan, which has injected more than $10 million US dollars annually to the Marshall Islands since he became president in 2000.

An anti-money laundering cooperation agreement is expected to be signed during the visit.

An agreement is also expected to be sealed paving the way for an $800,000 US dollar Taiwan-funded micro credit program for the Marshall Islands.

Mr Note's trip is a return state visit following Taiwan President Chen Shui-bian¹s visit to Majuro last May as part of a central Pacific Island hop to Taiwan¹s diplomatic allies in the region.