TAIWAN
Trade Pact With U.S. to Be Signed: Taiwan and the United States will sign an agreement to increase trade and investment when U.S. Trade Representative Carla Anderson Hills visits next month, a trade official said. The sides are still discussing parts of the non-binding pact, said Tsai Lien-sheng of the Board of Foreign Trade. Broadcasts said it might cover U.S. firms’ participation in Taiwan’s six-year, $300-billion development plan, and would pave the way for the two sides to sign a free trade treaty. Hills will be the first Cabinet-level U.S. official to visit Taiwan since Washington switched diplomatic recognition to Beijing from Taipei in 1979.
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.
