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TAIWAN WANTS TO SIGN FTA WITH US BY NEXT JUNE: DEPUTY ENVOY.
WASHINGTON, April 3 Asia Pulse - Taiwan looks forward to signing a free trade agreement (FTA) with the United States before the expiration of the U.S. Trade Promotion Authority (TPA) next June, Taiwan's deputy representative in Washington, D.C. said Friday.
Speaking at a seminar on Capitol Hill, Stanley Kao said a Taiwan-U.S. FTA would bring enormous benefits to both countries and that Taiwan is always ready to negotiate relevant terms with the United States.
Hopefully, Kao said, an FTA can be fleshed out before the TPA -- an act that authorizes the U.S. administration to sign bilateral and multilateral agreements with foreign governments to promote free trade without prior congressional approval -- expires in June 2007.
It marked the first time that Taiwan has ever explicitly spelled out a desired timetable for signing an FTA with the United States.
The seminar was organized by the Association on Third World Affairs, a non-governmental organization, to discuss issues regarding free and fair trade. Participants at the seminar included Angelos Pangratis, European Union deputy ambassador to the U.S., Roberto Abdenur, Brazilian ...
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Source: HighBeam Research, TAIWAN WANTS TO SIGN FTA WITH US BY NEXT JUNE: DEPUTY ENVOY.