US and Taiwan sign first agreement under new trade initiative


The United States and Taiwan have signed a new deal intended to strengthen their economic and trade relationship, the office of the US Trade Representative announced on Thursday.

The agreement – the first under a framework for talks between Washington and Taipei called the US-Taiwan Initiative on 21st Century Trade, which was launched last year – includes allowances for electronic documentation and payments, measures meant to speed up trade between the two markets.

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SCMP , US , Taiwan , Trade , New Agreement


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