9/26/2023 0 Comments Download the new Trade Island![]() ![]() The talks with Taiwan, led for Washington by the U.S. Speaking in Taipei, Deng said they hoped there would be an opportunity soon to seal a free trade deal that Taiwan has long sought with the United States, adding the island was also still striving to participate in the IPEF. Trade Representative Sarah Bianchi and Taiwan's chief trade negotiator John Deng. The announcement on Taiwan talks came after a virtual meeting on Wednesday between Deputy U.S. Congress had urged Taiwan's inclusion in IPEF. But the United States did not invite democratically self-governed Taiwan to join the IPEF talks.Ĭountries approached by Washington were reluctant to join a grouping with the island for fear of angering Beijing, according to a U.S. President Joe Biden administration's Indo-Pacific Economic Framework (IPEF), an economic partnership with 13 Asian countries that he launched last week during a visit to Seoul and Tokyo. The bilateral initiative in some ways parallels U.S. ![]() The initiative would aim to "reach an agreement with high standard commitments that create inclusive and durable prosperity" on issues that include customs facilitation, fighting corruption, common standards on digital trade, labor rights, high environmental standards, and efforts to curb state-owned enterprises and non-market practices, one of the U.S. ![]() administration officials told reporters during a phone briefing. Washington and Taipei will "move quickly to develop a roadmap" for the planned U.S.-Taiwan Initiative on 21st-Century Trade in the coming weeks, which would be followed by in-person meetings in the U.S. officials said on Wednesday, just days after the Biden administration excluded the Chinese-claimed island from its Asia-focused economic plan designed to counter China's growing influence. WASHINGTON, June 1 (Reuters) - The United States will launch new trade talks with Taiwan, U.S. ![]()
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