ISDS Case Map
Taiwan
Taiwan has started talks with South Korea on a bilateral investment protection agreement, Vice Minister of Economic Affairs Francis Liang said Friday.
Washington's de facto ambassador to Taiwan on Wednesday urged the island to further open its market if it hopes to sign a trade deal with the US, amid a lingering dispute over American beef imports.
Larger trade talks between Taiwan and the United States have stalled as a result of the country's indecision about accepting US beef imports.
Civic groups and the Consumers’ Foundation yesterday encouraged consumers to call legislators and urge them to vote against relaxing a ban on ractopamine residues in US meat products, stressing that the health of Taiwanese should not be used as a trading chip for economic development.
Activists demonstrated at the American Institute in Taiwan Friday to protest what they called Washington's highhanded attitude in forcing Taiwan to open its doors to US beef containting residue of the leanness-enhancing drug ractopamine.
Vice Economics Minister Francis Liang said Thursday if Taiwan can resolve its beef dispute with the United States, the two sides will be able to resume talks this year under the bilateral Trade and Investment Framework Agreement.
The American Institute in Taiwan (AIT) and the Ministry of Foreign Affairs yesterday denied that the AIT was “menacing” Taiwan, as the Democratic Progressive Party (DPP) put it, by tying a resumption of trade talks under the Trade and Investment Framework Agreement (TIFA) to the US beef issue.
The de facto United States envoy to Taiwan has made it clear that the island's restrictions on the import of certain US beef products have complicated the bilateral trade situation and could jeopardize the restarting of trade pact talks
As Ma Ying-jeou starts his second four years as president of Taiwan, his opening up of the economy to China in his first term is presenting the island nation with as many head-aches as opportunities.
Taiwan will pursue an economic alliance with Japan and up its pace of trade liberalization to overcome challenges arising from planned free trade agreements in the Asia-Pacific region, according to ROC Vice President Vincent C. Siew May 15.
