TAIPEI (Reuters) -Taiwan's president-elect, Lai Ching-te, signalled on Wednesday his desire for Taipei to join the U.S.-led Indo-Pacific Economic Framework, considering the island's key role in the global economy. The United States excluded chip powerhouse Taiwan from the framework, part of the Biden administration's effort to counter what it says is Beijing's increasing economic and military coercion in the region, when it was set up in 2022. But the United States then set up the U.S.-Taiwan Initiative on 21st Century Trade, which joins the U.S.-Taiwan Economic Prosperity Partnership Dialogue and Technology Trade and Investment Collaboration Framework the two sides have.
Taiwan's newly elected president, Lai Ching-te, suggested that he would want Taiwan to join the US-led Indo-Pacific Economic Framework due to its worldwide financial significance.
Taiwan President-Elect Interested in Joining US-Led Trade Deal, Cites Strong Global Financial Standing hngn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hngn.com Daily Mail and Mail on Sunday newspapers.
The Biden
administration s top trade official for Asia, Sarah Bianchi, is
stepping down as the U.S. Trade Representative s office plots
its next moves on trade talks with Indo-Pacific countries. -January 18, 2024 at 07:34 pm EST
- MarketScreener