Fifth Round of TIFA Talks
Year & Location
- Taiwan: Steve Ruey-long Chen, Deputy Minister of the Ministry of Economic Affairs
- U.S.: Karan Bhatia, Deputy USTR and Ambassador
Overview of Meeting
The meeting saw discussions between both sides on a new round of WTO negotiations, Asia-Pacific regional economic development and integration, Taiwan-US cooperation at APEC, and issues of Taiwan’s accession to the WTO Government Procurement Agreement, agriculture, telecommunications, pharmaceuticals, intellectual property rights, and trade security. Progress and consensus were achieved in several issues, and were listed as concrete results of the meeting. Overall, the US recognized that efforts made by relevant agencies of Taiwan Government allowed for concrete progress on issues such as agriculture, telecommunications, pharmaceuticals, protection of intellectual property rights, and trade security. As for the unresolved problems, both sides agreed to continue to strengthen cooperation, and to actively seek for specific solutions.