The United States and Taiwan reached an agreement on the first part of the 21st Century Trade Initiative of the United States and Taiwan. The agreement covers customs and border procedures, regulatory practices, and small enterprises.The Economic and Trade Office of the Taiwan Executive Yuan said that the agreement is not only the most complete trade agreement signed by Taiwan and the United States since 1979, but also represents an important milestone in the Taiwan economic and trade system that meets international high standards.
The official website of the Economic and Trade Negotiation Office of the Taiwan Executive Yuan issued a statement on Friday (May 19) that the first batch of agreements include the preface and eight chapters, with a total of 81 articles, the agreement structure is complete, and the content can be expanded.The content includes narratives that the two parties seek to strengthen the US economic and trade relations, reach a high standard and economic significant trade agreement, and can increase the common priority of each other on this basis.
Statement pointed out that in terms of "trade convenience", ensure the efficiency and transparency of customs procedures, simplify customs clearance and border inspection operations, and accelerate the customs clearance through electronic methods to save the time required for manufacturers to customize the customs clearance.And expenses.In terms of "good legal operations", when regulating the central administrative organs, the principles of perfect and transparentness should be adopted when formulating regulations, and the impact on SMEs should be considered.
In terms of "domestic regulations of the service industry", when applying for the application of the certificate of the service industry, the competent service industry shall be implemented in a reasonable, objective, fair, and independent manner in the issuance procedure.In terms of "SMEs", cooperation will increase the business opportunities of small and medium -sized enterprises, and promote the employment and growth of small and medium -sized enterprises on both sides, including information sharing and regular dialogue mechanisms.
In "anti -corruption", Taiwan and the United States jointly crack down on bribery and corruption behaviors that affect international trade and investment, and promote social participation; in addition, confirm that the two parties in the United Nations Anti -Corruption Convention and the WTO government in the United NationsObligation of procurement agreement.At the same time, the consultation mechanism is established to deal with the disputes between the two parties on the implementation of the agreement, and standardize procedures such as correction, effectiveness, review, and termination.
Statement pointed out that the agreement is not only the most complete trade agreement signed by Taimei since 1979, but also represents an important milestone in the Taiwan economic and trade system that meets the international high standards.This is also an important step to complete the Taiwan -US FTA by using the BUILDING BLOCK.
The statement said that at least seven issues of the agreement must be completed in the future. After the negotiations are completed, the content of the agreement will be expanded to lays a more stable foundation for the future Taiwan -US -seeking free trade agreement.
Taiwan announced the start of the 21st Century Trade initiative in June last year.Taiwan Tsai Ing -wen said earlier this month that the initiative has completed the second round of negotiations in January this year. The Taiwan government's goal is to complete the negotiation of this trade initiative within this year.
The US trade representative Dai Qi said in a statement on Thursday (May 18) that the agreement consolidated the US -Taiwan relations and proved that the two parties could work together to promote trade between the people in the United States and Taiwan to promote trade in the United States and Taiwan.Priority.
