U.S. to Step Up Support for Taiwan with New Action

It is reported that the United States and Taiwan agreed on Wednesday to begin trade talks under a new initiative, stating that they hope to reach an agreement with “economically meaningful outcomes” and that the first round of talks is expected to take place early this fall. This is another sign of increased U.S. support for Taiwan.
In a statement, Deputy U.S. Trade Representative Sarah Bianchi stated that the United States seeks an ambitious timetable for achieving high standard commitments and meaningful outcomes covering the 11 areas of trade in the negotiating mission. It will help build a fairer, more prosperous and resilient 21st century economy.
The negotiating mandate, released along with the announcement, states that the United States and Taiwan have established a vigorous negotiating agenda for discussions on issues such as trade facilitation, good regulatory measures and the removal of discriminatory trade barriers.
Despite the absence of formal diplomatic relations, Washington has been working to strengthen its support for Taiwan, especially during a period when it faces political pressure from the Chinese Communist Party. In addition, Washington and Taipei have also unveiled the U.S.-Taiwan Initiative on 21st Century Trade in June.