這項研究的目的是確定呈現尼加拉瓜與台灣之間的經貿關係發展的不同特點，以及觀察其生長，查明參與這個充滿活力和機遇的市場提出了利用金融工具，如主公司利用保理增加出口和/或國家之間的進口水平，創造可行和現實的建議參與將發展路徑的實施，如尼加拉瓜中美洲國家，進一步發展和加強在台灣和拉丁美洲之間的政治關係。

The purpose of this study is to identify the different characteristics that presents the development of trade relations between Nicaragua and Taiwan , as well as observe their growth , identifying the main companies involved in this dynamic and opportunities presented by the market for use financial tools such as the use of factoring to increase the level of exports and / or imports between countries , creating viable and realistic proposals involvement will the implementation of development paths for such as Nicaragua Central American countries , and further growth and strengthening in political relations between Taiwan and Latin America

Contents
ABSTRACT 2
ACKNOWLEDGEMENT 3
INTRODUCTION: 6
CHAPTER I: INTERNATIONAL TRADE BETWEEN NICARAGUA- R.O.C TAIWAN 2010-2016 8
A. INTERNATIONAL TRADE BETWEEN NICARAGUA AND R.O.C TAIWAN 8
B. FREE TRADE AGREEMENT BETWEEN THE REPUBLIC OF NICARAGUA AND THE REPUBLIC OF CHINA (TAIWAN) 9
C. BUSINESS OPPORTUNITIES WITHIN TARIFF QUOTA IN NICARAGUA. 9
D. TRADE BALANCE NICARAGUA- TAIWAN. 12
E. NICARAGUA: MAIN PRODUCTS EXPORTED TO TAIWAN AND THE PRINCIPALS EXPORTING COMPANIES. 13
F. TAIWAN: MAIN PRODUCTS EXPORTED TO NICARAGUA AND THE PRINCIPALS EXPORTING COMPANIES. 17
G. TAIWAN: TRADING OPPORTUNITIES WITH NICARAGUA 18
H. TAIWAN: GENERAL ANALYZED OF THE EXPORT AND IMPORT BEHAVIOR 19
CHAPTER II: INTERNATIONAL FACTORING 22
A. HISTORY OF FACTORING 22
B. TYPES OF FACTORING 23
C. INTERNATIONAL FACTORING 25
D. HOW DOES IT WORK 27
E. ADVANTAGES AND DISADVANTAGES 27
F. HOW DO THE ACCOUNT FOR A FACTORING ARRANGEMENT? 28
CHAPTER III: THE ROLE AND PRESENCE OF FACTORING IN INTERNATIONAL TRADE 30
CHAPTER IV: ANALYSIS OF REGULATIONS AND LAWS RELATED TO INTERNATIONAL FACTORING 36
A. FACTORING LAW IN NICARAGAUA 36
B. LAW NO. 561 GENERAL BANKING LAW, NBFIS AND FINANCIAL GROUPS 38
C. TAIPEI EXCHANGE REGULATIONS GOVERNING OVER-THE-COUNTER TRADING OF FINANCIAL DERIVATIVES BY SECURITIES FIRMS 38
D. INTERNATIONAL FACTORING REGULATION 38
UNIDROIT CONVENTION ON INTERNATIONAL FACTORING (OTTAWA, 28 MAY 1988, LAST UPDATED: 25 SEPTEMBER 2013) 38
E. REGULATIONS GOVERNING APPROVALS OF BANKS TO ENGAGE IN FINANCIAL ACTIVITIES BETWEEN THE TAIWAN AREA AND THE MAINLAND AREA 39
F. REGULATIONS GOVERNING CASH TRANSACTION REPORTS （CTR, AND SUSPICIOUS TRANSACTION REPORTS （STR） BY FINANCIAL INSTITUTIONS CHINESE. ANNOUNCED DATE2008.12.18, CATEGORY FINANCIAL SUPERVISORY COMMISSION (金融監督管理委員會) 40
G. REGULATIONS GOVERNING FOREIGN EXCHANGE BUSINESS OF BANKING ENTERPRISES CHINESE AMENDED DATE: 2015.05.22. CATEGORY CENTRAL BANK OF THE REPUBLIC OF CHINA (TAIWAN) ( 中央銀行 ) 40
H. ICC TRADE REGISTER 41
I. THE INCOTERMS RULES 41
CHAPTER V: L. A.I.F.G. (LATIN AMERICA-ASIA INTERNATIONAL FACTORING GROUP). INTERNATIONAL TRADE AND THE USE OF FINANCE TOOL: INTERNATIONAL FACTORING. PROPOSAL BETWEEN NICARAGUA- R.O.C TAIWAN. 42
1. L.. A.I.F.G. (LATIN AMERICA-ASIA INTERNATIONAL FACTORING GROUP), (AS INTERNATIONAL FINANCIAL INSTITUTION). 42
2. MARKETING PLAN 44
3. MARKETING MIX 45
4. PHASES OF THE INTERNATIONAL FACTORING SERVICE. 55
5. TRANSACTION PROCESS INTERNATIONAL FACTORING IN L.A.I.F.G. 57
6. COST STRUCTURE 60
7. PORTER'S 5 FORCES 61
II. L..A.I.F.G. (LATIN AMERICA-ASIA INTERNATIONAL FACTORING GROUP) , (AS A ASSOCIATION). 66
CONCLUSION 68
RECOMMENDATIONS 68
REFERENCES 69

[1] U.S. Department of Commerce International Trade Administration, TRADE FINANCE GUIDE, chapter 1, page 10.
[2] Dirección General de Comercio Exterior (DGCE) Dirección de Políticas Comerciales/ Dpto. de Análisis Estadístico . Relations Commercials Nicaragua – Taiwán ,Page 3 to 11, Marzo de 2014.
[3] Food and Agriculture Organization (FAO ) , Horacio Rodríguez Vázquez , Final Report: Implications of international trade cane bioethanol for safety Food in Central America: Opportunities and challenges to the Association Agreement with the European Union , page 10-20., August 15, 2011.
[4] SICE - the Organization of American States Foreign Trade Information System , 18 January 2007. Nicaragua approves FTA with Taiwan, 12 July 2006. Taiwan approves Nicaragua FTA, http://www.sice.oas.org/TPD/nic_twn/nic_twn_e.ASP.Febrery 2015
[5] Nicaragua, Sugar Annual Report 2013, Approved by: Jimmy Bolaños, Agricultural Specialist and Prepared by: Kelly Stange, Agricultural Attaché. MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY.
[6] European Centre for International Political Economy (ECIPE), Occasional paper 03/2012, “After Cross-strait Rapprochement: A Conceptual Analysis of Potential Gains to Europe from China-Taiwan economic Cooperation” International Institute for Management and Development (IMD), Global Competitiveness Yearbook 2013
[7] Nicaragua, Sugar Annual Report 2013, Approved By: Jimmy Bolaños, Agricultural Specialist and Prepared By: Kelly Stange, Agricultural Attaché. MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY. Managua, Nicaragua 2013.
[8] Peanut among Nicaragua’s main export products in 2014,http://www.pronicaragua.org/en/newsroom/press-releases/1663-peanut-among Managua, Nicaragua; June 25, 2015
[9] Taiwan’s Top 10 Exports MARCH 20, 2016 BY DANIEL WORKMAN, HTTP://WWW.WORLDSTOPEXPORTS.COM/TAIWANS-TOP-EXPORTS. MARCH 2016
[10] European Centre for International Political Economy (ECIPE), Occasional paper 03/2012, “After Cross-strait Rapprochement: A Conceptual Analysis of Potential Gains to Europe from China-Taiwan economic Cooperation” International Institute for Management and Development (IMD), Global Competitiveness Yearbook 2013
[11] Barkley Clark, Esq, International Factoring Association ,FACTORING: KEY ISSUES UNDER THE UCC, http://www.factoring.org/newsletters/commercial_factor04-04.pdf, March 2016
[12] David Rains is the managing director of MRI/Commercial Finance Consultant. He can be reached at (972) 203-6064 or by email at dar@ablfactoring.com.
[13] AccountingTools, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) , http://www.accountingtools.com/factoring-arrangements, March 2016
[14] NUPUR SINGH, 8 most important Types of Fac
[15] toring, http://www.preservearticles.com/2012033129498/8-most-important-types-of-factoring.html, March 2016
[16] FITA (The Federation of International Trade Associations) has
450 association members , Ray Pereira, International Factoring, http://fita.org/aotm/0100.html, May 2016
[17] LAW No. 561 THE PRESIDENT OF THE REPUBLIC OF NICARAGUA THE NATIONAL ASSEMBLY OF THE REPUBLIC OF NICARAGUA Given in the city of Managua , in the Hall of Sessions of the National Assembly, the twenty-seven days of October in the year two thousand and five. RENE Téllez President of the National Assembly , MARY HELP OF GERMAN Secretary National Assemblyhttp://www.superintendencia.gob.ni/documentos/marco_legal/generales/ley561.pdf, March 2016
[18] LAW No. 740 FACTORING LAW (Published in La Gaceta No. 234 of December 7, 2010 ) http://www.bcn.gob.ni/banco/legislacion/documentos/leyes_financieras/ley740ley_de_factoraje.pdf, March 2016
[19] UNIDROIT CONVENTION ON INTERNATIONAL FACTORING (OTTAWA, 28 MAY 1988) Last Updated: 25 September 2013
[20] Regulations Governing Foreign Exchange Business of Banking Enterprises, Central Bank of the Republic of China (Taiwan) ( 中央銀行 ), Article 8,35,34. http://law.moj.gov.tw/ENG/LawClass/LawSearchContent.aspx?pc=G0450011&k1=BANK&k2=INTERNATIONAL&k3=&k4 March 2016
[21] Factors Chain International, Annual Review 2015, Page 12, Published in 2015 by FCI, www.fci.nl, March 2016