US-Taiwan trade pact key to countering diplomatic isolation, Taipei's top trade negotiator says | CNN Business

  • 📰 cnni
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 59%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The signing of a trade pact between Taiwan and the United States will play a key role in helping the island counter its diplomatic isolation from China, according to Taiwan’s top trade negotiator.

Taipei has described the initiative as the most comprehensive trade agreement between the United States and Taiwan since Washington switched diplomatic recognition to Beijing in 1979. The agreement will allow Taipei to demonstrate its track record in following international trade rules, which will help enable future trade deals with other advanced economies, John Deng told CNN in an interview. “Our message is that Taiwan is a reliable trading partner.

Deng says the US-Taiwan trade agreement could pave the way for the island to join the CPPTT, though he also admitted that mainland China could use its economic influence to block some members from considering Taiwan’s application. “I will say we have a good chance,” he said. “The message we pass to [these countries] is we want to follow the rule, and our track record is very clear. Please give us a chance.” China has already signaled its opposition towards Taiwan’s application.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 326. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

More states want to let kids work as bartenders | CNN BusinessMore states are letting teenagers serve alcohol at bars and restaurants, part of a growing rollback of child labor protection laws across the United States.
Source: CNN - 🏆 4. / 95 Read more »