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Taiwan eyes CPTPP trade ties at APEC summit
World leaders gather at the APEC summit in Peru. Taiwan seeks to boost trade with CPTPP members, focusing on green economy and digital growth. U.S.-Taiwan trade talks continue amid Trump’s return.
2024/11/11 10:27
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Hsiao Bi-khim stresses strength for Taiwan’s status quo
DPP vice-presidential candidate Hsiao Bi-khim emphasized the importance of strength in maintaining Taiwan’s status quo and preventing bullying. She highlighted the current state and prospects of U.S.-Taiwan relations, noting that U.S. policy has consistently supported maintaining the status quo and opposing the use of force. Hsiao mentioned that under Xi Jinping’s leadership, the U.S. has shifted to view China competitively but does not seek a new Cold War. She emphasized critical issues of peace, security, and economic cooperation in Taiwan-U.S. ties, including the U.S.-Taiwan Initiative on 21st-Century Trade. Hsiao underscored Taiwan’s determination to defend itself, citing the national defense budget and military modernization reforms. She referred to herself as a "cat warrior" and advocated for government reform and a balanced international stance. Hsiao urged that Taiwan not become a divisive issue between American political parties and emphasized the need for a proper balance amidst U.S.-China competition to ensure Taiwan’s safe and steady progression.
2023/12/20 21:21
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Vice Premier upbeat on U.S.-Taiwan trade talks progress
Vice Premier Cheng Wen-tsan expresses optimism about trade talks with the United States, citing U.S. Trade Representative Katherine Tai’s positive stance on advancing Free Trade Agreements (FTAs) with key trading partners. The discussions between Taiwan and the United States have made significant progress, with the US-Taiwan Initiative on 21st Century Trade already reaching five agreements. Second-phase talks, including agriculture, are currently underway. The possibility of addressing tariffs in the negotiations is not ruled out. Additionally, the U.S. House of Representatives has proposed mutual tax exemption to alleviate taxation burdens, a development that could spare corporations and individuals from double taxation issues. Cheng emphasizes the need for diligent and concerted effort in deepening economic ties between Taiwan and the United States.
2023/12/12 18:15
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Hsiao Bi-khim advocates for DPP majority in legislature
Democratic Progressive Party (DPP) vice-presidential candidate Hsiao Bi-khim emphasized the importance of the DPP holding a majority in the legislature to ensure continuous progress for Taiwan. Speaking at a women’s support group event in Tucheng District, Hsiao highlighted her past achievements, including signing the inaugural agreements of the U.S.-Taiwan Initiative on 21st-Century Trade. She also mentioned that talks to prevent double taxation with the U.S. are nearing completion, which will enhance bilateral trade relations. Hsiao stressed the DPP government’s commitment to establishing friendly and commercial ties with the international community, urging a broader perspective beyond the focus on the 1992 Consensus. She expressed confidence in the foreign policy direction under President Tsai Ing-wen’s administration and the potential for a Lai-Hsiao team to continue this diplomatic route. Hsiao emphasized the symbolic significance of drawing number two in the election draw, representing integrity and steady advancement, and portraying the elections as a testament to Taiwan’s democratic strength. She reiterated the importance of a legislative majority for the DPP to implement stable and progressive policies, reducing resource drain from cross-party conflicts.
2023/12/12 13:26
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DPP refutes KMT’s pro-U.S. allegations against Hsiao
The Democratic Progressive Party (DPP) responded to allegations from the Kuomintang (KMT) that DPP vice presidential candidate Hsiao Bi-khim was excessively pro-American. Chen Shi-kai, spokesperson for DPP presidential candidate Lai Ching-te’s campaign office, criticized the KMT for its lack of understanding of economic trade issues and Taiwan-U.S. relations. The KMT, led by legislator candidate Hsu Chiao-hsin, accused Hsiao of being subservient to the U.S. during her time in Washington, citing a classified communication log documenting a bilateral meeting discussing the Indo-Pacific Economic Framework for Prosperity proposed by U.S. President Joe Biden. Chen defended Hsiao by highlighting recent milestones in Taiwan-U.S. cooperation, such as the signing of the Taiwan-U.S. 21st Century Trade Initiative and efforts to resolve double taxation issues. Chen criticized the KMT candidate for illegally disclosing classified documents for political gain and called for an explanation of the motives and authenticity of the disclosure. This defense by the DPP spokesperson reflects the tensions leading up to Taiwan’s presidential elections, with U.S.-Taiwan relations remaining a significant political issue. The political drama highlights the intensity of Taiwan’s electioneering, where U.S. ties and Taiwan’s global economic positioning are crucial issues for voters. The impact of these debates on public opinion remains to be seen as Taiwan prepares for the polls.
2023/12/06 20:33
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Hsiao Bi-khim vows to focus on serving the nation
Hsiao Bi-khim, the Democratic Progressive Party’s vice-presidential candidate, expressed concern about the dark "vortex" of Taiwanese politics but remains focused on serving the nation without distraction. During a media session, Hsiao acknowledged her role in promoting the U.S.-Taiwan Initiative on 21st-Century Trade and negotiations for the "Avoidance of Double Taxation Agreement." She highlighted bipartisan support in the U.S. Congress and efforts to propose legislative drafts. Hsiao also discussed tackling unanticipated issues such as supply chain resilience and securing vaccines during her time in the U.S. She emphasized the challenges stemming from Taiwan’s unique international status and the unfair treatment of Taiwanese in the global arena. Hsiao sees the resilience of the Taiwanese people as a strength, allowing them to pragmatically seek paths to their goals. She believes her life experiences have fortified her to face challenges with greater strength.
2023/11/23 16:31
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Taiwan’s APEC agendas on U.S.-China talks, trade, CPTPP
The Asia-Pacific Economic Cooperation (APEC) Leaders’ Week 2023 in San Francisco will be a significant event for Taiwan. The country’s main focuses during the summit include the U.S-China leaders’ talks, the possibility of meetings between U.S. President Joe Biden and TSMC Founder Morris Chang, progress on U.S-Taiwan trade negotiations, and Taiwan’s potential participation in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). President Biden is scheduled to meet with Chinese President Xi Jinping to discuss trade, Taiwan, the U.S.-China tech war, and PLA activities in the Taiwan Strait. Taiwan officials are also working towards arranging a meeting between Chang and Biden. While the first agreement under the U.S.-Taiwan Initiative on 21st Century Trade has been signed, the second round of negotiations is not progressing as expected. Taiwan’s Minister Without Portfolio John Deng hopes to meet with U.S. Trade Representative Katherine Tai during the summit to confirm progress. Additionally, Taiwan will likely use the APEC summit as an opportunity to hold bilateral talks with CPTPP members to garner support for its admission to the trade pact.
2023/11/12 11:45
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Premier calls for legislators to pass U.S. trade pact
Premier Chen Chien-jen urged Taiwan’s Legislative Yuan on Wednesday (July 19) to pass the United States-Taiwan Initiative on 21st Century Trade, after the U.S. Senate passed the trade agreement unanimously a day earlier.
2023/07/19 17:31
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Expert shares insights on Taiwan’s role in global trade
TAIPEI (TVBS News) — In a recent interview with Commentator Wenchi Yu in TVBS Meeting Room, Wendy Cutler, vice president of Asia Society Policy Institute and former acting deputy of the U.S. Trade Representative, shared her insights on globalization and the U.S.-Taiwan Initiative on 21st-Century Trade.
2023/04/27 17:32