U.S., Taiwan to Begin Formal Talks for Trade, Investment Pact This Fall

Summary by Ground News

The US has announced that they will begin formal trade negotiations with Taiwan, weeks after a controversial visit by US House Speaker Nancy Pelosi. The first round of trade talks is set to take place early this fall. Discussions will cover trade facilitation, regulatory practices, anti-corruption standards, deepening agriculture trade. The announcement is expected to further fume Xi Jinping, who has previously warned President Biden on the Taiwan issue. The announcement comes after Beijing held military drills that included firing missiles into the seas around Taiwan. The U.S. has no official relations with Taiwan but maintains extensive informal contacts through the unofficial American Institute in Taiwan. Washington is obligated by federal law to see that the island has the means to defend itself.

Published 6 months ago · Washington, United States

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BBC News

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