US and Taiwan reach deal on first part of ‘21st century’ trade pact
The US and Taiwan reached agreement on the first part of their “21st century” trade initiative, covering customs and border procedures, regulatory practices, and small business, the US Trade Representative’s office said on Thursday.
After the initial agreement of the US-Taiwan Initiative on 21st Century Trade is signed, negotiations will commence on other, more complicated trade areas including agriculture, digital trade, labour and environmental standards, state-owned enterprises and non-market policies and practices, USTR said.
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Just beautiful. Really beautiful to let the US dictate all your economical, industrial, technology and trade policies. 'Non market policies' and practices. That means implement neoliberalism wholesale and do not invest or make plans as government to better your country through technology and trade and privatize all your state owned companies . The free market tycoons will do the job. This is one method how they spread their favoured economic model of neoliberalism throughout the globe: through ''trade'' agreements, WTO, IMF, trade ''wars'' and world bank.