The "Taiwan-U.S. 21st Century Trade Initiative" held the second round of negotiations in Taiwan for four consecutive days yesterday. More than 20 people from the U.S. came to Taiwan, led by the assistant trade representative of the Office of the Trade Representative, McCartin.

(Photo by reporter Cong Changjin, official website of the US Consulate General in Hong Kong and Macau)

[Reporter Zhong Lihua/Taipei Report] The "Taiwan-US 21st Century Trade Initiative" held the second round of negotiations in Taipei from yesterday to the 17th. The goal is to negotiate and sign a trade agreement. The Economic and Trade Office of the Executive Yuan stated that in the United States, Biden As the government currently does not have authorization for tariff negotiations, the two sides have used "building blocks" to promote the signing of the agreement, which has already covered all the important components of the regional trade agreement. FTA).

Priority negotiations on four issues including trade facilitation

The Economic and Trade Office pointed out that the Taiwan-US 21st Century Trade Initiative covers eleven negotiation topics, including trade facilitation, good regulations, agriculture, anti-corruption, small and medium-sized enterprises, digital trade, labor, environment, standards, state-owned enterprises, and non-market policies and measures.

At present, four issues are prioritized for negotiation, including trade facilitation, small and medium-sized enterprises, anti-corruption and good regulations.

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Trade facilitation means that Taiwan and the United States will seek the best way to promote trade between each other, including accelerating the implementation of the World Trade Organization (WTO) trade facilitation agreement, and adopting digital measures in the customs clearance procedures of goods as much as possible to speed up trade. Customs clearance procedures for goods.

The two parties will also negotiate on electronic payment methods, risk management and control, and protection of trader information to help small and medium-sized enterprises make good use of technology to quickly pass customs.

As for the issue of small and medium-sized enterprises, in order to facilitate the business of small and medium-sized enterprises, Taiwan and the United States will promote the trade of small and medium-sized enterprises by removing trade obstacles and sharing best practices.

The two sides will also discuss how to assist small and medium-sized enterprises founded by women or disadvantaged groups.

The issue of good regulations means that both Taiwan and the United States will formulate regulations based on the concept of good governance and compliance with the law, using sound and transparent principles.

Relevant principles include: providing real-time information about regulations and the regulation-making process on the Internet, communicating with the public and considering opinions from all sides, and making regulatory decisions based on the best information, science and evidence.

The parties will seek to discuss the possibility of transparency in service sector regulation and good governance in the service sector.

Combating bribery, both parties discuss establishing strong anti-corruption standards

Anti-corruption In order to prevent and fight against bribery and corruption, the two parties will discuss: establish strong anti-corruption standards, eliminate the circumstances that allow bribes to be used as tax deductions, establish measures for the recovery of corruption and criminal proceeds, establish Measures that refuse to provide safe havens for foreign public officials involved in corruption crimes.

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