China hits out at US-Taiwan trade talks

Published June 3, 2022
TAOYUAN: Taiwanese President Tsai Ing-wen holds an anti-tank rocket device while visiting a military base on Thursday.—AFP
TAOYUAN: Taiwanese President Tsai Ing-wen holds an anti-tank rocket device while visiting a military base on Thursday.—AFP

BEIJING: China on Thursday said it “firmly opposes” trade talks between the United States and Taiwan after Taipei and Washington announced the launch of a new initiative to deepen economic ties.

Beijing claims Taiwan as part of its territory and tries to keep it isolated on the world stage, bristling at any attempt to treat the self-governing democracy as an independent nation.

“China always opposes any form of official exchanges between any country and the Taiwan region of China, including negotiating and signing any economic and trade agreements with sovereign connotations and an official nature,” commerce ministry spokesman Gao Feng said.

Washington is vying to bolster its influence in the region to counter Beijing and US President Joe Biden is coming under bipartisan pressure from US lawmakers to deepen ties with Taiwan.

Taiwan is a rare bipartisan issue in Washington, and a cross-party group of 52 senators had urged Biden to include the island in last week’s Indo-Pacific Economic Framework (IPEF), which includes about 40 percent of the global economy.

They argued in a letter to Biden that leaving an important trading partner out would “allow the Chinese government to claim that the international community does not in fact support meaningful engagement with Taiwan.” A senior official said there is still time to add Taiwan to that effort.

“We didn’t include Taiwan in the initial launch. However, going forward, we intend to take a flexible and adaptable approach to IPEF participation,” the official told reporters.

The official reiterated Washington’s “long-standing one China policy,” but said the Biden administration also maintains a “robust unofficial relationship with Taiwan and... is committed to deepening it.” Bipartisan support for Taiwan has been fuelled in part by China’s increasingly aggressive stance towards the island under President Xi Jinping.

On Monday, China made its second-largest incursion into Taiwan’s air defense zone this year, with Taipei reporting 30 aircraft entering the area. So far in 2022 Taiwan has reported 465 such incursions, a near 50 percent increase on the same period last year.

The talks announced on Wednesday — the “US-Taiwan Initiative on 21st-Century Trade” — come on the heels of a trade agreement announced last week between the United States and 12 Asian economies, which excluded Taiwan.

Like the earlier trade agreement, the discussions with Taiwan will not involve tariffs or market access — items that would require congressional approval, US officials said.

In a statement, the US Trade Representative said that “both sides will work at pace to develop an ambitious roadmap for negotiations for reaching agreements with high-standard commitments and economically meaningful outcomes.”

Taiwan’s lead trade negotiator John Deng said the talks would “open up more room for economic cooperation.” “We can say this is a historic breakthrough,” he added, speaking at a press conference in Taipei.

Published in Dawn, June 3rd, 2022

Opinion

Editorial

Smog hazard
Updated 05 Nov, 2024

Smog hazard

The catastrophe unfolding in Lahore is a product of authorities’ repeated failure to recognise environmental impact of rapid urbanisation.
Monetary policy
05 Nov, 2024

Monetary policy

IN an aggressive move, the State Bank on Monday reduced its key policy rate by a hefty 250bps to 15pc. This is the...
Cultural power
05 Nov, 2024

Cultural power

AS vital modes of communication, art and culture have the power to overcome social and international barriers....
Disregarding CCI
Updated 04 Nov, 2024

Disregarding CCI

The failure to regularly convene CCI meetings means that the process of democratic decision-making is falling apart.
Defeating TB
04 Nov, 2024

Defeating TB

CONSIDERING the fact that Pakistan has the fifth highest burden of tuberculosis in the world as per the World Health...
Ceasefire charade
Updated 04 Nov, 2024

Ceasefire charade

The US talks of peace, while simultaneously arming and funding their Israeli allies, are doomed to fail, and are little more than a charade.