TAIPEI (Reuters) - Taiwan is under no illusions it can quickly sign a long hoped for free trade deal with the United States but feels when the time is right “success will flow naturally”, the island’s chief trade negotiator said on Friday.
FILE PHOTO: Flags of Taiwan and U.S. are placed for a meeting between U.S. House Foreign Affairs Committee Chairman Ed Royce speaks and with Su Chia-chyuan, President of the Legislative Yuan in Taipei, Taiwan March 27, 2018.
REUTERS/Tyrone SiuTaiwan has long sought a bilateral trade deal with the United States, the Chinese-claimed island’s most important international backer and supplier of arms.
While Taiwan is a member of the World Trade Organization, many countries are wary of signing trade deals with the tech-powerhouse fearing objections from China, though Taiwan does have free trade deals with Singapore and New Zealand.
President Tsai Ing-wen told Britain’s newly appointed de facto ambassador in Taipei this week she hoped they could begin talks on a free trade or bilateral investment agreement.
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