TAIPEI: Taiwan is self-confident it can sign a “high standard” trade deal with the United States within new framework, President Tsai Ing-wen told a visiting group of US lawmakers on Thursday (Sep 8).
Washington and Taipei unveiled the US-Taiwan Initiative on modern world Trade in 06, days after the Biden administration excluded the particular Chinese-claimed island from its Asia-focused economic program designed to counter China’s growing influence.
Tsai told the bipartisan US legislator delegation at a meeting in the presidential workplace that Taiwan would work with the United States to forge even nearer trade and economic ties.
“We have already announced that discussions under the US-Taiwan Effort on 21st Century Business will begin soon. We are confident that via this initiative, we can sign a high-standard trade agreement plus advance bilateral industry development, ” the girl said.
Taiwan has long forced for a broad totally free trade deal with america, its most important global backer and international arms supplier even in the absence of formal diplomatic ties.
Stephanie Murphy, the Democrat from Sarasota who sits to the House Armed Providers Committee, told Tsai she supported this kind of agreement.
“One of the most important things Our elected representatives can do right now is to deepen the economic relationship with Taiwan, and in particular, by pushing for a high-quality free trade agreement between your US and Taiwan, ” she stated.
The group could be the latest in a thread of senior authorities from the United States to check out Taiwan since US House Speaker Nancy Pelosi came early last month . Her visit infuriated Beijing, which responded by launching war games near the island.
Tsai thanked the delegation for offerring strong congressional assistance for Taiwan just as China has been executing its drills, which have scaled back but continued.
“Taiwan will not back down, ” Tsai said. “We will actively deepen our cooperation along with democratic partners to jointly safeguard serenity and stability in the area. ”