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US leaders back Taipei move to allow imports

Sunday, 30 August 2020 05:20 Taipei Times

Department of North American Affairs Director-General Douglas Hsu comments on the government’s decision to ease restrictions on US beef and pork imports at a news briefing at the Ministry of Foreign Affairs in Taipei yesterday.
Photo: CNA

Seventy-four public and private-sector leaders in the US have voiced support for Taipei’s move to ease restrictions on US beef and pork imports, but no concrete steps have yet been taken toward a bilateral trade agreement (BTA), the Ministry of Foreign Affairs said yesterday.

US, Taiwan reshaping supply chains: AIT

Thursday, 27 August 2020 05:21 Taipei Times

From left, Minister of Foreign Affairs Joseph Wu, American Institute in Taiwan (AIT) Director Brent Christensen and National Communictions Commission Chairman Chen Yaw-shyang hold signed copies of a joint declaration on 5G security at the 5G Policy Forum organized by the AIT yesterday in Taipei.
Photo: Peter Lo, Taipei Times

The US is working with Taiwan to restructure global supply chains under the shared values of transparency and accountability, American Institute in Taiwan (AIT) Director Brent Christensen said, according to a transcript released by AIT yesterday.

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Newsflash

A new US study on Taiwan’s economy cautions that gains from current trade and investment talks with China may be limited and that Taipei needs to concentrate on internal economic restructuring and the cultivation “of new and dynamic foreign relationships beyond the straits.”

Written by Derek Scissors, a research fellow in Asia Economic Policy at the Heritage Foundation, the study says Taiwan should reform corporate taxation and the “sheltered” domestic service sector.