The trade negotiations “will deepen our trade and investment relationship, advance mutual trade priorities based on shared values, and promote innovation and inclusive economic growth for our workers and businesses,” the office said in the statement.
The US and Taiwan will start formal talks on a trade and economic initiative, following through on a long-planned promise to deepen ties amid opposition from China.
The first round of trade talks is set to take place “early this fall,” the Office of the US Trade Representative said in a statement Wednesday, unveiling a negotiating mandate for the US-Taiwan Initiative on 21st Century Trade announced in June. Discussions will cover trade facilitation, regulatory practices, anti-corruption standards, deepening agriculture trade and other issues, the office said.
