Published Date: 2021-06-11
Taiwan and the
United States have plans to resume trade talks within the next few weeks.
Taiwanese Minister without Portfolio John Deng and US Trade Representative
Katherine Tai held a video conference on Thursday about renewing trade talks
between the two sides.
The foreign
ministry on Friday said that it welcomes and supports these plans.
The US and Taiwan
signed a Trade and Investment Framework Agreement (TIFA) in 1994. However,
talks held under the aegis of this framework stalled after the last round in
2016.
In the video
conference, Tai emphasized the importance of trade and investment between
Taiwan and the US. Tai also expressed the United States’ willingness to
continue working with Taiwan in multilateral international organizations
including APEC and the WTO.
The US trade
representative’s office said that the date of the next trade talks between
Taiwan and the US will be decided by the de facto US embassy in Taiwan, the
American Institute in Taiwan, and its Taiwanese counterpart in the US.