Wed, Nov 01, 2006 - Page 3 News List

Taiwan Quick Take: Chen plugs US FTA

STAFF WRITER WITH AGENCIES

President Chen Shui-bian (陳水扁) yesterday said he hoped Taiwan and the US would sign a free trade agreement (FTA) as soon as possible. Chen made the remark while meeting Alaska Governor Frank Murkowski yesterday afternoon. He said that bilateral consultations with the US about the trade and investment framework agreement (TIFA) went well for the first half of the year. He said the TIFA talks are conducive to the signing of an FTA. The fifth round of talks under the Taiwan-US TIFA in May was productive, reaching consensus on numerous bilateral issues including intellectual property rights, he said. Taiwan is the US' eighth-largest trading partner. The total volume of bilateral trade amounted to US$56 billion last year.

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