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U.S. and Taiwan Negotiate on Trade Agreement

08/21/2022

On August 17th the United States and Taiwan announced a roadmap in advance of trade negotiations to take place during the fall.  Sarah Bianchi of the Office of the Trade Negotiator stated, "we plan to pursue an ambitious schedule for achieving high-standard commitments and meaningful outcomes covering the eleven trade areas in the negotiating mandates that will help build a fairer, more prosperous and resilient 21st century economy".

 

 Areas that will be considered include trade facilitation, regulatory practices, anti-corruption standards, agricultural trade, removing discriminatory barriers to trade, labor and environmental standards and state-owned enterprises.

 

During the first half of 2022, Taiwan was ranked third among importers of broiler products attaining 140,967 metric tons valued at $159 million.  These values were respectively 64 percent higher in volume and 83 percent in value compared to the first six months of 2021.

Taiwan is not a noteworthy importer of either eggs or products but with appropriate pricing and ptpmotion this potential market should be developed