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The negotiations would cover 11 topics, including "trade facilitation, good regulatory practices, anti-corruption, SMEs, agriculture, standards, digital trade, labor, environment, state-owned enterprises, and non-market policies and practices."
NEW OPPORTUNITIES: The negotiations could attract funding from the US and other countries while expanding markets and the digital economy, the government saidBy Lee Hsin-fang and Liu Tzu-hsuan / Staff reporter, with staff writer and agencies
Taipei, Aug. 18 (CNA) Taiwan's top trade negotiator John Deng (鄧振中) told a Cabinet press conference Thursday that upcoming negotiations between Taiwan and the United States under a recently launched joint trade initiative would pave the way for both sides to come up with countermeasures against "economic coercion" by China.
The US and Taiwan seem willing to set aside bilateral trade irritants and boost commercial ties as relations with China deteriorate.
It “will not be long” before Taiwan and the US start negotiations under the Taiwan-US 21st Century Trade Initiative, Minister Without Portfolio John Deng (鄧振中) said on Saturday. Preparations in Taiwan and the US are proceeding as planned, and the two sides would soon announce the date for the formal beginning of talks, said Deng, Taiwan’s chief trade negotiator. US National Security Council Indo-Pacific Coordinator Kurt Campbell on Friday said that US officials are developing an “ambitious road map for trade negotiations” that would be announced “in the coming days.” The fi...