Taiwan and USA sign trade deal that angers China

Taiwan’s government announced that the first part of the United States-Taiwan trade initiative in the 21st century will be signed on Thursday in Washington, D.C., to China’s ire.

Taiwan’s Central News Agency reported that the trade agreement, formally known as the “first agreement”, would be signed in Washington at 10 a.m. local time (1400 GMT), a year after the two states launched the trade initiative.

The signing will be done by Hsiao B. Kim, Taiwan’s envoy to America, and Wangrid de Larson, Director of the American Institute of Taiwan, in accordance with the Office of the United States Trade Representative.

Taiwan’s Government spokesman Lin Tzi Lewin said that the Convention was of historic significance and represented a new beginning.

“Taiwan will continue to strengthen cooperation with other countries and progress towards a comprehensive free trade agreement with the United States in order to ensure Taiwan’s economic security.”

The Convention includes paragraphs on trade facilitation, SMEs and combating corruption and domestic constraints of the services sector.

Chinese Foreign Affairs spokeswoman Mao Ning in Beijing today expressed genuine concerns about the agreement.

“The United States should stop official exchanges between America and Taiwan in any way. must not negotiate and sign agreements with the Taiwanese region of China, which have implications for sovereignty and are of an official nature “.

Taiwan has enjoyed independence since 1949, but China considers it to be a Chinese region.