Taiwan’s restrictions on imports of pork and beef from the US remain a major barrier to trade between the two countries, according to a US report that highlights significant foreign barriers to American exports.
Taiwan has not followed international standards or a bilateral protocol with Washington on the issue of US meat imports, said the US Trade Representative report, which was released on Friday.
While Taiwan and the US agreed on a protocol in 2009 to expand market access and to fully reopen the Taiwan market to all US beef and beef products, Taiwan flip-flopped on the agreement and amended the Act Governing Food Sanitation (食品衛生管理法) the following year to ban imports of US ground beef and other beef products, the report said.
“This amendment is contrary to Taiwan’s obligations under the 2009 beef protocol,” the report said.
It called on Taiwan to open its market fully to US beef and beef products on the basis of science, the guidelines of the World Organisation for Animal Health, the US’ negligible risk status and the beef protocol.
The report also criticized Taiwan’s zero-tolerance policy on imports of US pork containing ractopamine, a feed additive that promotes leanness in animals.
Taiwan should implement the proposed maximum residue limit (MRL) for ractopamine without delay, and move to accept and approve new applications for MRLs based on science, in a timely manner, the report said.
It also listed other issues that the US sees as obstacles to broadening trade with Taiwan, including a ban on the use of biotechnology food ingredients and processed food containing biotechnology ingredients in school meals.
Nonetheless, the report said that the US has made trade progress with Taiwan in other areas, such as the protection of intellectual property rights and the establishment of a tolerance level for glycoalkaloids — toxic chemical compounds commonly found in potatoes.
The Ministry of Economic Affairs said on Saturday that it would work with the authorities to address trade issues that are of concern to both sides.
According to the report, US exports to Taiwan grew by an annual 17.5 percent last year to US$30.2 billion, while its imports from Taiwan increased 7.8 percent to US$45.8 billion.
Taiwan was the US’ 15th-largest export market last year, it said.
Taichung reported the steepest fall in completed home prices among the six special municipalities in the first quarter of this year, data compiled by Taiwan Realty Co (台灣房屋) showed yesterday. From January through last month, the average transaction price for completed homes in Taichung fell 8 percent from a year earlier to NT$299,000 (US$9,483) per ping (3.3m²), said Taiwan Realty, which compiled the data based on the government’s price registration platform. The decline could be attributed to many home buyers choosing relatively affordable used homes to live in themselves, instead of newly built homes in the city’s prime property market, Taiwan Realty
The government yesterday approved applications by Alphabet Inc’s Google to invest NT$27.08 billion (US$859.98 million) in Taiwan, the Ministry of Economic Affairs said in a statement. The Department of Investment Review approved two investments proposed by Google, with much of the funds to be used for data processing and electronic information supply services, as well as inventory procurement businesses in the semiconductor field, the ministry said. It marks the second consecutive year that Google has applied to increase its investment in Taiwan. Google plans to infuse NT$25.34 billion into Charter Investments Ltd (特許投資顧問) through its Singapore-based subsidiary Fructan Holdings Singapore Pte Ltd, and
JET JUICE: The war on Iran’s secondary effects have seen fuel prices skyrocket, knocking flight schedules down to earth in return as airlines struggle with costs Airline passengers should brace for more irritation in the next few months as carriers worldwide cancel flights and ground planes to cope with stratospheric increases in jet-fuel prices. Dutch flag carrier KLM is the latest company to cut its schedule, saying on Thursday that it would scrap 80 return flights at Amsterdam’s Schiphol Airport in the coming month. That puts it in the same league as United Airlines Holdings Inc, Deutsche Lufthansa AG and Cathay Pacific Airways Ltd, which have all pruned itineraries to mitigate costs. Global capacity for next month has been reduced by about 3 percentage points, with all
Micron Technology Inc is a driving force pushing the US Congress to pass legislation that would put new export restrictions on equipment its Chinese competitors use to make their chips, according to people familiar with the matter. A US House of Representatives panel yesterday was to vote on the “MATCH Act,” a bill designed to close gaps in restrictions on chipmaking equipment. It would also pressure foreign companies that sell equipment to Chinese chipmaking facilities to align with export curbs on US companies like Lam Research Corp and Applied Materials Inc. The bill targets facilities operated by China’s ChangXin Memory Technologies Inc