The Taiwan government is to prepare for the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, a trade initiative to create a regional integration mechanism.
Agreement was reached during the meeting on several proposals, including the increase of sugar import quotas from Nicaragua to 60,000 metric tons a year, the statement said.
Taiwan will continue its efforts to forge an economic partnership agreement (EPA) with Japan.
Taiwan has conditionally lifted a 16-year-old ban on beef imports from Japan, clearing a major roadblock in negotiations on an economic partnership agreement.
Taiwan government is committed to seeking membership for the country in the Trans-Pacific Partnership and playing its part in bringing the trade agreement into force.
Japan’s chief cabinet secretary and the cabinet’s spokesman, said that he welcomed various countries and areas, including Taiwan, to participate in the Trans-Pacific Partnership (TPP).
Taiwan is seeking a Free Trade Agreement (FTA)-like bilateral agreement with India to boost trade and investments even as its companies are looking to relocate some of their manufacturing facilities from mainland China to India and Southeast Asia.
Japan has refused to resume discussions on an economic partnership agreement (EPA) with Taiwan until it lifts a ban on food imports from radiation-affected areas of Japan.
Taiwan will seek the support of the United States for signing bilateral and multilateral investment and free trade agreements, the Taiwanese President has said.
Threats to affordable access to medicines continue unabated
Taiwan has urged the European Union (EU) to sign a bilateral investment agreement as soon as possible in order to create a better investment climate for businesses.
The US has expressed disappointment with a lack of progress on issues related to US pork imports to Taiwan in the latest round of talks under the Trade and Investment Framework Agreement.
The discussions are to focus on areas including medical devices, pharmaceuticals, intellectual property rights and technical trade barriers
Civic groups protested outside the Executive Yuan on Monday, calling on the new government to reject any notions of signing trade in goods and services agreements with mainland China.
In anticipation of its bid to join TPP, Taiwan has made a list of roughly 45 changes to its law, from intellectual property to food safety, that would bring it into compliance with the Asia-Pacific deal.
Things have been especially bad since the signing of the Economic Cooperation Framework Agreement (ECFA), invariably lauded as a “landmark trade agreement” in the international media.
The new law will require the labor ministry to offer ‘appropriate supporting aids’ to people working in negatively impacted industries and companies.
Taiwan’s Council of Agriculture said that it will insist that the country maintain a ban on pork imported from the United States containing traces of leanness-enhancing drug ractopamine
The latest round of Trade and Investment Framework Agreement (TIFA) talks with the US ignores the interests of ordinary citizens, labor activists said yesterday.