U.S. pledges more ‘trade cooperation’ after Taiwan move on U.S. meat

Taipei,  Taiwan’s announcement of the relaxation of restrictions on American pork and beef imports “will open the door to greater economic and trade cooperation” between both sides, the U.S. Department of State said Friday.

“We welcome President Tsai Ing-Wen’s August 28 statement that Taiwan will move quickly to lift restrictions on imports of U.S. pork and beef,” the department said in a statement posted on its website.

The U.S. is looking forward to the timely implementation of these actions, which is expected to provide greater access for U.S. farmers to Taiwan’s market, and for Taiwan consumers to U.S. agricultural products, the statement said.

“President Tsai’s vision and leadership in removing these longstanding barriers open the door to greater economic and trade cooperation between the United States and Taiwan,” it said.

Earlier Friday, President Tsai Ing-wen (蔡英文) announced that Taiwan will set standards for ractopamine residue in imported pork and open its market to U.S. beef from cattle aged over 30 months, which has been barred because of fears of mad-cow disease.

U.S. Secretary of State Mike Pompeo welcomed Tsai’s statement on Twitter and reiterated that the move “opens the door for even deeper economic and trade cooperation.”

Issues concerning American beef and pork imports have been barriers to trade between Taiwan and the U.S. as far back as the mid-2000s, with Washington using the issues to block discussions on investment and trade and possible talk of a free trade agreement with Taipei.

Taiwan’s Ministry of Foreign Affairs (MOFA) said in a statement that it will continue to collaborate with other government agencies in pursuing economic policies that can help Taiwan gain momentum for possible Bilateral Trade Agreement (BTA) negotiations with the U.S.

 

Source: Focus Taiwan News Channel

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