The US-Taiwan Business Council published a press release to welcome the announcement by the Office of the U.S. Trade Representative (USTR) of a Trade and Investment Framework Agreement (TIFA) Council meeting with Taiwan in the coming weeks.
Council President Hammond-Chambers commented in the release that “On June 8, the US-Taiwan Business Council joined with our colleagues at the American Chamber of Commerce in Taiwan to send a letter from the US-Taiwan Bilateral Trade Agreement Coalition (www.ustaiwanbta.com) to Ambassador Tai, asking her to move beyond the TIFA and to begin negotiations with Taiwan on a high-standards trade agreement. While restarting TIFA is an indispensable first win, the two organizations – representing American business interests in Taiwan on both sides of the Pacific –encouraged USTR Tai to announce her intention to initiate BTA talks as soon as feasible.”
A copy of the BTA Coalition letter to Ambassador Tai was included with the press release.