The US has ruled out a free-trade agreement (FTA) with Taiwan amid a dispute over beef imports, days after the nation signed a sweeping accord with China.
President Ma Ying-jeou (馬英九) has tried to sell the landmark accord with China to voters in part by arguing that Taiwan would now be able to pursue FTAs with more countries, as Beijing would no longer object.
“The United States has no plans to begin talks with Taiwan about an FTA at this time,” David Shear, the State Department point man on China-Taiwan ties, said on Wednesday at the Carnegie Endowment for International Peace.
“Despite our excellent relations, I am disappointed by the lack of progress the United States and Taiwan have made on trade issues” in recent years, said Shear, a deputy assistant secretary of state.
Negotiations between the US and Taiwan on a Trade and Investment Framework Agreement (TIFA) — often a precursor to a full-fledged FTA — have been dormant since 2007.
Shear said such talks would be the best forum to discuss trade.
With lawmakers from farm states leading the charge, the US has been pressing for years for lucrative Asian markets such as Japan, South Korea and Taiwan to accept more US beef, causing friction with the close US partners.
The countries imposed restrictions in late 2003 after mad cow disease was detected in a US herd.
Some scientists believe humans can contract Creutzfeldt-Jakob disease by eating infected animals’ brains and spinal cords.
Taiwan agreed with the US in October to let in more beef products, but the nation’s legislature reimposed restrictions three months later after a public outcry.
Despite the disagreement, Shear said he hoped the beef issue would not “overshadow” other trade and he stood by US security commitments to Taiwan.
Shear strongly supported the Economic Cooperation Framework Agreement (ECFA) that Taiwan recently signed with China and said that one of the goals under the pact should be to make Taiwan a more attractive place to trade and invest by lowering non-tariff trade barriers and by facilitating efforts by US and other foreign firms to base their regional operations in Taiwan.
Shear said that Ma had emphasized that he hoped Taiwan would be able to enter into new trading arrangements with other trading partners now that the ECFA had been signed.
Under WTO rules any WTO member is free to negotiate trade agreements with other members as long as WTO standards are met.
“And we believe Taiwan should be able to do that,” he said.
“We hope to see Taiwan become engaged in a broad range of international issues from trade to health to the environment. Taiwan has shown again and again that it can play an important role in the international community,” Shear said.
We strongly support Taiwan’s meaningful participation in all appropriate international organizations. Taiwan’s expertise can benefit the international community,” he said.
Also See: ECFA to lift GDP by 0.4 points: minister
Taiwan has arranged for about 8 million barrels of crude oil, or about one-third of its monthly needs, to be shipped from the Red Sea this month to bypass the Strait of Hormuz and ease domestic supply pressures, CPC Corp, Taiwan (CPC, 台灣中油) said yesterday. The state-run oil company has worked with Middle Eastern suppliers to secure routes other than the Strait of Hormuz, through which about 20 percent of the world’s oil and liquefied natural gas typically passes, CPC chairman Fang Jeng-zen (方振仁) said at a meeting of the legislature’s Economics Committee in Taipei. Suppliers in Saudi Arabia have indicated they
A global survey showed that 60 percent of Taiwanese had attained higher education, second only to Canada, the Ministry of the Interior said. Taiwan easily surpassed the global average of 43 percent and ranked ahead of major economies, including Japan, South Korea and the US, data from the Organisation for Economic Co-operation and Development (OECD) for 2024 showed. Taiwan has a high literacy rate, data released by the ministry showed. As of the end of last year, Taiwan had 20.617 million people aged 15 or older, accounting for 88.5 percent of the total population, with a literacy rate of 99.4 percent, the data
CCP ‘PAWN’? Beijing could use the KMT chairwoman’s visit to signal to the world that many people in Taiwan support the ‘one China’ principle, an academic said Chinese Nationalist Party (KMT) Chairwoman Cheng Li-wun (鄭麗文) yesterday arrived in China for a “peace” mission and potential meeting with Chinese President Xi Jinping (習近平), while a Taiwanese minister detailed the number of Chinese warships currently deployed around the nation. Cheng is visiting at a time of increased Chinese military pressure on Taiwan, as the opposition-dominated Legislative Yuan stalls a government plan for US$40 billion in extra defense spending. Speaking to reporters before going to the airport, Cheng said she was going on a “historic journey for peace,” but added that some people felt uneasy about her trip. “If you truly love Taiwan,
NEW LOW: The council in 2024 based predictions on a pessimistic estimate for the nation’s total fertility rate of 0.84, but last year that rate was 0.69, 17 percent lower An expected National Development Council (NDC) report expects the nation’s population to drop below 12 million by 2065, with the old-age dependency ratio to top 100 percent sooner than 2070, sources said yesterday. The council is slated to release its latest population projections in August, using an ultra-low fertility model, the sources said. The previous report projected that Taiwan’s population would fall to 14.37 million by 2070, but based on a new estimate of the total fertility rate (TFR) — the average number of children born to a woman over her lifetime — the population is expected to reach 12 million by