A person familiar with the matter revealed that the negotiations of "Taiwan -American 21st Century Trade Initiative" are expected to have results within a few weeks, and Taiwan and the United States will sign an agreement similar to the bilateral trade agreement (BTA).Press and other issues such as market opening.
The U.S. Trade Representative Agency announced on Wednesday (March 1) announced the 2023 Trade Policy AD and the 2022 Report.The report listed the 21st Century Trade initiative launched in June last year as an important project, and the United States hopes to reach progress as soon as possible.
There are 12 issues of trade in the 21st century of Taimei. Among them, the convenience of trade, SMEs, anti -corruption, good regulations, and service industry regulations have won the consensus between the two parties. It is expected to sign an administrative agreement first.Taiwan's goal is to complete all topic negotiations this year, but because of the initiative to involve complex procedures such as law and administration, it has not yet established a clear schedule.
A Taiwan -based foreign officials who are familiar with Taiwan -US economic and trade negotiations revealed to the Taiwan Central News Agency on Friday that the "process should be very fast" for the proposal negotiation, but the specific time should be announced by Taiwan and the United States.
The official said that the first batch of content was considered "early collection list" by some people, but more accurate description should be similarMarket liberalization is not BTA, but this is not formal official definition.From the perspective of "establishing international rules for bilateral trade investment", Taiwan and the United States are about to sign the typical BTA nature, or it can be called "mini BTA without market opening."
The official said that the feasibility of signing the FTA in Taiwan and the United States has been discussed at least 20 years in the academic community, and there has been no progress in the past. This time the first step is a big breakthrough.He explained that the content of Taiwan and the United States BTA will be similar to the IPEF (Indo -Pacific Economic Architecture). The United States has said on many occasions that he hopes that the Taiwan -US signing agreement will be displayed to the IPEF members. These negotiations are feasible and not empty.
Officials said that the affiliation of the Taiwan -US Institute will be a "living agrement", just like the live page can be continuously replenished.Or any other topic negotiations can be added to the live pages. Taimei has created a living BTA model, which is very meaningful.
