On September 30, 2021, the American Chamber of Commerce in Taiwan (AmCham Taiwan) and the Chinese National Association of Industry and Commerce, Taiwan (CNAIC) issued a joint statement advocating for a bilateral trade agreement (BTA) between the U.S. and Taiwan. This statement was made after the Taiwan-U.S. Business Roundtable, a joint event held by the two organizations in Taipei.
“CNAIC Chairman Por-Fong Lin recalled that a year ago this month the two sponsoring organizations issued a joint statement calling on the American and Taiwan governments to begin negotiations on a bilateral trade agreement (BTA). He noted that subsequent developments have improved the environment for taking that step and increased its importance.”
“The recent revival of the bilateral TIFA process for trade and investment negotiations after a five-year hiatus – was cited by Jen-Ni Yang, Deputy Trade Representative of Taiwan’s Office of Trade Negotiations. Bureau of Foreign Trade Director General Cynthia Kiang stressed the increasingly close cooperation between Taiwan and the U.S. in helping maintain strong and stable supply chains.”
“Closing remarks by the two business organizations emphasized their commitment to continue working together to achieve the goal of upgrading bilateral economic relations through a BTA.”
Source: Building Momentum for a Taiwan-U.S. BTA
The US-Taiwan Bilateral Trade Agreement Coalition welcomes this statement in support of a BTA from Coalition co-Founder AmCham Taiwan and CNAIC.