City
Epaper

US lawmakers approve Taiwan trade deal

By ANI | Updated: June 23, 2023 19:55 IST

Taipei City [Taiwan], June 23 : United States (US) lawmakers have voted to approve an agreement aimed at strengthening ...

Open in App

Taipei City [Taiwan], June 23 : United States (US) lawmakers have voted to approve an agreement aimed at strengthening economic relations with Taiwan on Wednesday. The issue has already provoked an irritated response from Beijing, Hong-Kong based The Standard reported.

The US-Taiwan Initiative on 21st-Century Trade streamlines customs checks, looks to improve regulatory procedures and establishes anti-corruption measures.

It now leads from the upper chamber of the US Congress, the House of Representatives to the Senate, where it is expected to be ratified. Washington does not hold any official diplomatic relations with Taiwan, which China claims as part of its territory, as per The Standard.

The governments maintain unofficial ties

The governments maintain unofficial ties, however, through the de facto US embassy on the island, the American Institute in Taiwan, which signed the agreement earlier this month with the Taipei Economic and Cultural Representative Office in the United States.

Washington is the island's second-largest trade partner. Moreover, it has remained a key ally and arms supplier to Taiwan despite switching diplomatic recognition from Taipei to Beijing in 1979.

But, Beijing considers the self-ruled island its own territory and hence is not willing to take any hint of diplomatic relations between Taiwan and other governments, as per The Standard.

China warned Washington ahead of the deal being inked by both sides against any pact "with connotations of sovereignty or of an official nature with China's Taiwan region."

In April, Beijing conducted three days of military exercises simulating a blockade of the island in response to US House of Representatives Speaker Kevin McCarthy and Taiwanese leader Tsai Ing-wen's meeting in California, reported The Standard.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: TaipeiStandardKevin MccarthycongressbeijingPunjab Pradesh Congress CommitteeCongress PartyKarnataka CongressNationalist Congress Party Of Sharad PawarState CongressGoa CongressRashtriya Janata Dal CongressNationalist Congress Party
Open in App

Related Stories

PuneBaramati Bypoll 2026: Congress Sets Condition to Withdraw Candidature Against Sunetra Pawar

PuneBaramati By-Election 2026: Maharashtra DCM Sunetra Pawar To File Nomination Papers Today

NationalKerala: Congress MP Shashi Tharoor's Convoy Stopped, Staff Member Assaulted in Malappuram

NationalPunjab Congress Leader Khushbaz Jatan and Driver Killed, Cop Injured in Road Accident in Sonipat

InternationalChina: Casualties Feared After Bulldozer Runs Over Crowd in Beijing Market (Watch Video)

International Realted Stories

International"Reckless threats will not affect offensive Ops, nor erase humiliation of US": Iran hits back at Trump

InternationalArtemis II crew begins seven hour flyby of Moon, observes far-side parts never seen by Humans

International"Degree of reluctance to deploy ground troops": Former senior diplomat on Iran war

International"If I had my choice, I'm a businessman first": Trump eyes Iran's oil

International"Today will be largest volume of strikes": US Secy of War Pete Hegseth warns Iran