- May 28, 2022
- Posted by: Stratford Team
- Category: Economy
The new discussions will “explore concrete ways to deepen the US-Taiwan trade and investment relationship,” the officials said, with the focus on institutionalizing cooperation in supply chain resilience, labor, environment and sustainable development.
A formal announcement will come after “coordination and consultations are made,” according to a senior official.
CNN is reaching out to the White House for comment.
A senior official also told CNN on Friday that Taiwan may send a delegation to participate in the SelectUSA summit in Maryland in June. The summit facilitates overseas business investment into the United States.
Taiwan was excluded from the Indo-Pacific Economic Framework (IPEF), a regional economic plan unveiled by President Joe Biden during his visit to Tokyo earlier this week. The framework is Biden’s attempt at engaging a region increasingly coming under the influence of China.
The IPEF isn’t a trade agreement in the traditional sense. It…