FM: Taiwan to work toward bilateral trade agreement with US

Foreign Minister David Lee said he wants to work towards a bilateral trade agreement with the United States. He was speaking at the legislature on Monday, outlining new strategies for US-Taiwan relations. That's in light of the new US administration's decision to back out of plans to join the Trans-Pacific Partnership (TPP).

Lee said Taiwan would continue to engage the US through the Trade and Investment Framework Agreement (TIFA) and the Digital Economic Forum (DEF). It would also send delegations to the United States to try to forge a bilateral trade agreement.

"We will have a trade and economic delegation participate in the Select USA Investment Summit. We will also strengthen ties through industry visits. We will show our investment capacities and how US-Taiwan economic ties can bring about concrete benefits. We want the US to make Taiwan their priority in signing a bilateral trade agreement," said Lee.

The foreign ministry will also continue to promote US-Taiwan military exchanges and strengthen relations with members of the US Congress.

Source: Radio Taiwan International