Taiwan
The Cabinet will set up a special task force to handle the signing of a free-trade agreement (FTA) with the US in a bid to speed up the trade negotiations that have been stalled since the beginning of last year, Premier Yu Shyi-kun announced yesterday.
Taiwan is probing the possibility of signing a free-trade agreement (FTA) with Paraguay, a government official confirmed yesterday.
A review, published by the right-wing Project for a New American Century, of reasons why the US should go into an FTA with Taiwan.
A report released October 21 by the U.S. International Trade Commission (ITC) concludes that a free trade arrangement between the United States and Taiwan would likely have a "very small" impact on the overall U.S. economy, but trade flows for certain trade sectors would probably "increase substantially."
Bilateral U.S.-Taiwan consultations under the Trade and Investment Framework Agreement are expected to be resumed this year, probably in the fall, a senior U.S. trade official said yesterday.
