Taiwan, US to sign first deal under new trade framework

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Taiwan, US to sign first deal under new trade framework
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The first agreement under the framework would be signed in Washington on Thursday morning, US time. Read more at straitstimes.com.

TAIPEI - Taiwan and the United States will sign the first deal under a new trade talks framework on Thursday, both governments said, boosting ties between the two at a time of heightened tensions with China over the democratically governed island.last August, after Washington excluded Taiwan from its larger pan-Asian trade initiative, the Indo-Pacific Economic Framework.

The US Trade Representative’s office said Deputy United States Trade Representative Sarah Bianchi would attend the event, but also did not elaborate. After the initial agreement is signed, negotiations will start on other, more complicated trade areas including agriculture, digital trade, labour and environmental standards, state-owned enterprises, and non-market policies and practices, the USTR has previously said.

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