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Top related persons:
Sarah Bianchi - 1 Ben Blanchard - 1 Jacqueline Wong - 1 Michael Perry - 1
Top related locs:
TAIPEI Taiwan United States China U.S Washington Beijing Taipei
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U.S . - 1 Taiwan Initiative - 1 Century Trade - 1 Trade Negotiations - 1 U.S . Trade - 1 United States Trade - 1 Thomson - 1

Search resuls for: "Taiwan Initiative"


8 mentions found


☆ Taiwan, U.S. to sign first deal under new trade framework
  + stars: | 2023-06-01 | by ( ) www.reuters.com   time to read: +2 min
TAIPEI, June 1 (Reuters) - 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 and the United States started talks under what is called the U.S.-Taiwan Initiative on 21st Century Trade last August, after Washington excluded Taiwan from its larger pan-Asian trade initiative, the Indo-Pacific Economic Framework. The U.S. Trade Representative's office said Deputy United States Trade Representative Sarah Bianchi would attend the event, but also did not elaborate. 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. Beijing has denounced the trade talks as it does with all forms of high level engagement between Taiwan, which it claims as its own territory, and the United States.
Persons: Sarah Bianchi, Ben Blanchard, Jacqueline Wong, Michael Perry Organizations: U.S ., Taiwan Initiative, Century Trade, Trade Negotiations, U.S . Trade, United States Trade, Thomson Locations: TAIPEI, Taiwan, United States, China, U.S, Washington, Beijing, Taipei
☆ US, Taiwan reach deal on first part of '21st Century' trade pact
  + stars: | 2023-05-19 | by ( David Lawder | ) www.reuters.com   time to read: +3 min
WASHINGTON, May 18 (Reuters) - The U.S. and Taiwan reached agreement on the first part of their "21st Century" trade initiative, covering customs and border procedures, regulatory practices, and small business, the U.S. Trade Representative's office said on Thursday. After the initial agreement of the U.S.-Taiwan Initiative on 21st Century Trade is signed, negotiations will commence on other, more complicated trade areas including agriculture, digital trade, labor and environmental standards, state-owned enterprises, and non-market policies and practices, USTR said. "We look forward to continuing these negotiations and finalizing a robust and high-standard trade agreement that tackles 21st Century economic challenges," Tai said. Announcement of the trade pact comes just ahead of planned meetings between China's commerce minister, Wang Wenta, and USTR Tai and U.S. Commerce Secretary Gina Raimondo. The bilateral talks commenced last August, after the Biden administration excluded Taiwan from its larger pan-Asian trade initiative, the Indo-Pacific Economic Framework.
☆ US and Taiwan reach agreement on new trade pact in boost to economic ties
  + stars: | 2023-05-18 | by ( Eric Cheung | ) edition.cnn.com   time to read: +2 min
The new initiative, titled the US-Taiwan Initiative of 21st Century Trade, was first unveiled in June last year. It will be the first official trade agreement between Taiwan and the United States since US President Joe Biden assumed office in 2021. “This accomplishment represents an important step forward in strengthening the US-Taiwan economic relationship,” US Trade Representative Katherine Tai said in the statement. We look forward to continuing these negotiations and finalizing a robust and high-standard trade agreement that tackles pressing 21st century economic challenges,” she added. The new agreement marks the first official trade agreement since Taiwan was excluded from the Indo-Pacific Economic Framework (IPEF), a regional economic plan launched by Biden last year.
☆ U.S., Taiwan reach deal on first part of '21st Century' trade pact
  + stars: | 2023-05-18 | by ( David Lawder | ) www.reuters.com   time to read: +2 min
WASHINGTON, May 18 (Reuters) - The U.S. and Taiwan reached agreement on the first part of their "21st Century" trade initiative, covering customs and border procedures, regulatory practices, and small business, the U.S. Trade Representative's office said on Thursday. After the initial agreement of the U.S.-Taiwan Initiative on 21st Century Trade is signed, negotiations will commence on other, more complicated trade areas including agriculture, digital trade, labor and environmental standards, state-owned enterprises and non-market policies and practices, USTR said. "We look forward to continuing these negotiations and finalizing a robust and high-standard trade agreement that tackles 21st Century economic challenges," Tai said. Announcement of the trade pact comes just ahead of planned meetings between China's Commerce Minister Wang Wentao and USTR Tai and U.S. Commerce Secretary Gina Raimondo. The bilateral talks commenced last August, after the Biden administration excluded Taiwan from its larger pan-Asian trade initiative, the Indo-Pacific Economic Framework.
☆ Taiwan and the United States reach consensus in trade negotiations, pledge to maintain 'ambitious negotiating schedule'
  + stars: | 2023-01-18 | by ( ) www.cnbc.com   time to read: +1 min
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. The United States and Taiwan concluded four days of trade negotiations on Monday and reached consensus on several areas related to trade facilitation, anti-corruption, small and medium-sized enterprises and regulatory practices, the U.S. Trade Representative's office said. The first major negotiating round of the U.S.-Taiwan Initiative on 21st Century Trade saw the two sides exchange texts on those areas in Taipei, the office said in a statement. "Officials also reached consensus in a number of areas and pledged to maintain an ambitious negotiating schedule in the months ahead to continue this momentum," the statement said. Taiwan's top trade negotiator, John Deng, told reporters in Taipei he was "quite satisfied" with the outcome of the meetings.
☆ U.S., Taiwan officials pledge ambitious trade negotiating schedule
  + stars: | 2023-01-17 | by ( David Lawder | ) www.reuters.com   time to read: +1 min
WASHINGTON, Jan 17 (Reuters) - The United States and Taiwan concluded four days of trade negotiations on Monday and reached consensus on a number of areas related to trade facilitation, anti-corruption, small and medium-sized enterprises and regulatory practices, the U.S. Trade Representative's office said. The first major negotiating round of the U.S.-Taiwan Initiative on 21st Century Trade saw the two sides exchange texts on those areas in Taipei, USTR said in a statement. "Officials also reached consensus in a number of areas and pledged to maintain an ambitious negotiating schedule in the months ahead to continue this momentum," USTR said. Taiwan last year was excluded from a broader U.S. trade initiative covering Indo-Pacific countries that also focuses on non-tariff issues. USTR said that the trade texts exchanged during the Taipei negotiating round "follow through on the two sides' shared commitment to pursue a high-ambition trade initiative" that would "strengthen and deepen economic and trade ties."
☆ U.S., Taiwan wrap up 'productive' trade meeting - USTR
  + stars: | 2022-11-09 | by ( ) www.reuters.com   time to read: +1 min
WASHINGTON, Nov 9 (Reuters) - Taiwan and the United States concluded two days of "productive" trade talks in New York on Wednesday, the office of the U.S. Trade Representative said. The meetings were part of the U.S.-Taiwan Initiative on 21st-Century Trade, a program opposed by China, which views self-governing Taiwan as its own territory. The U.S. delegation included representatives from USTR, the National Economic Council, the Department of Commerce, the Department of Treasury, the Small Business Administration, and the Food and Drug Administration, USTR said. It includes negotiations on 11 areas of trade, including trade facilitation, good regulatory practices, anticorruption, agriculture, digital trade, labor, and the environment. Despite the lack of formal diplomatic ties, the United States has been keen to bolster support for Taiwan, especially as it faces increased political pressure from China to accept its sovereignty claims.
☆ Taiwan, U.S. to hold in person trade talks next week
  + stars: | 2022-11-04 | by ( ) www.cnbc.com   time to read: +1 min
Flags of the United States and Taiwan displayed on phone screens are seen in this multiple exposure illustration photo taken in Poland on August 4, 2022. Taiwan and the United States will hold in-person trade talks next week in New York under a new joint initiative announced in June, the U.S. and Taiwanese governments said, a program opposed by China, which views the island as its own territory. Washington and Taipei unveiled the U.S.-Taiwan Initiative on 21st Century Trade in June, days after the Biden administration excluded Taiwan from its Asia-focused economic plan designed to counter China's growing influence. The U.S. Trade Representative's office said in a Thursday statement the "conceptual discussions" would take place Tuesday and Wednesday, with Assistant United States Trade Representative Terry McCartin as the lead trade official. The U.S. delegation will also include representatives from the National Economic Council, the Department of Commerce, the Department of Treasury, the Small Business Administration, and the Food and Drug Administration, it added.
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