TAIPEI - Taiwan and the United States will sign the first deal under a new trade talks framework on Thursday (June 1), both governments said, boosting ties between the two at a time of heightened tensions with China over the democratically-governed island. Taiwan and the United States started talks under what is called the US-Taiwan Initiative on 21st Century Trade...
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.
Taiwan's Office of Trade Negotiations said in a brief statement the first agreement under the framework would be signed in Washington on Thursday morning US time, but gave no other details. Last month, the two sides reached agreement on the first part of their trade initiative, covering customs and border procedures, regulatory practices, and small business.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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