Us and Taiwan agree to start talks on a trade and investment pact











The two uneiled the US-Taiwan initiative

Of 21 century trade in June, soon after Taiwan was excluded by US President Joe Biden from Indo Pacific economic framework

The neogations Wood Cover 11 topics including trade facilitation good regulatory practices, anti corruptioncorruption, SMEs, agriculture, standards, digital trade, labour environment state-owned Enterprises and non-market policies and practices according to a statement buy Taiwan service of trade neogations on Thursday.

Both sides would discuss addressing china's economic correction. Towards not only Taiwan,the US but also many other countries, which is "harmful to the world economic order"

Authorities in Beijing claim full sovereignty of taiwan , even though Taiwan has never been controlled by China's ruling Communist party.The Two sides have been governed separately for more than seven decades.

China on Thursday said "the one-China principle" was a prerequisite for Taiwan's participation in international economic cooperation and it urged the United States to abide by it.

Beijing has "always opposed the negotiation of any economic and trade agreements with Taiwan that have sovereign connotations and are official in nature," Ministry of Foreign Affairs spokesperson Wang Wenbin said in a press briefing.

Tensions between Beijing and Washington have escalated significantly since US House Speaker Nancy Pelosi's visit to Taiwan early this month, the first by a sitting speaker in 25 years.

China kicked off drills involving the navy, air force and other military forces in the seas and airspace surrounding Taiwan. They were a direct show of force in response to Pelosi's visit to the self-governed island, which Beijing repeatedly warned against.

China, Taiwan's largest trading partner, also suspended some trade with Taiwan in apparent retribution for the visit. The curbs include the suspension of some fruits and fish imports from Taiwan, and exports of natural sand to the island, a key component in the production of semiconductor chips 

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