Senators and House of Representatives of the United States successively proposed resolutions calling for negotiations with Taiwan to sign FTA | International | Key news

(Central News Agency reporter Xu Weiting, Washington, 23rd special report) Several US senators and congressmen recently introduced resolutions in both houses of Congress, calling for negotiations with Taiwan to sign an FTA. The resolution noted that through trade negotiations, the exchanges between the United States and Taiwan can be closer, and it will also help American products better enter the Taiwan market, which is beneficial for both security and economic growth. from both sides.

Looking forward to the growing call for a free trade agreement (FTA) between the United States and Taiwan, Republican Senator Pat Toomey and Republican Representative Guy Reschenthaler led the Senate and House of Representatives, respectively, on the 17th. He proposed a resolution asking the US administration to negotiate a trade agreement with Taiwan.

In the Senate, the resolution was jointly proposed by more than a quarter and 26 senators, including John Barrasso, who ranks third among Republicans in the Senate, and the Senate. “Taiwan Connection Military committee chairman and co-chair James Inhofe, and Republican Senators Marco Rubio and Ted Cruz, who have long been against China and are opposed to Taiwan.

Regarding the House of Representatives, the resolution was jointly proposed by Risen Sauer, two co-chairs of the House of Representatives “Congress Taiwan Connection”, Steve Chabot and Mario Diaz-Balart. Four members of the House of Representatives joined the joint signature.

The resolution noted that the United States is currently the second largest trading partner of Taiwan, and Taiwan is the 10th largest trading partner of the United States in goods and the 11th largest trading partner overall; According to the United States Census Bureau, the bilateral trade in goods between the United States and Taiwan The amount has increased from 62 billion US dollars (about 178.55 million NT dollars) in 2010 to 86 billion dollars last year .

In addition, the resolution stated that, until last year, Taiwan’s stock of foreign direct investment (FDI) reached US $ 11.1 billion; The US Department of Commerce also estimated that, in 2015, US-Taiwan trade supported a total of 208,000 US jobs.

The resolution emphasizes that by investing in technology manufacturing plants in the United States and easing restrictions on the importation of certain American agricultural products, Taiwan has shown its interest in strengthening economic relations with the United States; Through trade negotiations, the United States can have closer exchanges with Taiwan, and it will also help American products enter better. For the Taiwan market, “this supports the security and economic growth of the United States, Taiwan and the Indo-Pacific region.”

Du Mei today issued a press release stating that the United States Constitution empowers Congress to control trade policies and that the executive branch is responsible for implementing trade policies and agreements endorsed by Congress. Therefore, he proposed a resolution detailing the requirements for signing a trade agreement with Taiwan. .

Du Mei noted, “The establishment of closer trade relations between the United States and Taiwan is a win-win situation for both countries.” He said American workers and manufacturers will have more customers and American consumers will have more affordable products; the economy of the United States and Taiwan will grow faster. The United States can strengthen its relationship with an important regional ally and can also increase economic exchanges with the Indo-Pacific region.

He called on Congress to pass this resolution, and the administration of President-elect Joe Biden should also consider signing a trade agreement with Taiwan as its top priority going forward.

Diaz Bharat pointed out that even if the CCP continues to intimidate and coerce its neighbors, Taiwan will still become an economic powerhouse and become a responsible partner in key areas such as public health, democracy promotion, and trade. He said, “Consulting with Taiwan to sign an FTA will strengthen this important relationship and also make Taiwan better able to block the constant threats and malice of the CCP.” (Publisher: Yang Zhaoyan) 1091224

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