US and Taiwan ready to launch game-changing trade deal tomorrow
US-Taiwan trade initiative starts its first agreement implementation on Dec 11th. The deal focuses on business cooperation‚ anti-corruption efforts and trade support for smaller companies
The ground-breaking trade deal between US and Taiwan begins tomorrow marking a new chapter in their economic ties (missing comma in compound sentence) The agreement is part of the US-Taiwan Initiative on 21st-century Trade which aims to boost business links between both nations.
Katherine Tai‚ the US Trade Representative pointed out: “This first agreement shows our strong commitment to Taiwanʼs economic partnership.“ Her statement highlights the deals focus on anti-corruption measures customs administration and small-business support
Taiwan got its own trade framework after being left out of the Indo-Pacific Economic group (which started back in 2022). The US created several trade-friendly programs with Taiwan including the Economic Prosperity Partnership and Tech-Trade Framework
The agreement proves our rock-solid partnership with the United States
Both sides are working on a second deal that will cover labor rules environment protection and farm-trade topics; Taiwan hopes this might lead to a full trade agreement. Despite Chinaʼs objections to US-Taiwan cooperation (which Beijing sees as crossing a red line)‚ the islandʼs government keeps pushing for stronger international trade links
