BR100 Increased By (0.48%)
BR30 Increased By (0.42%)
KSE100 Increased By (0.3%)
KSE30 Increased By (0.19%)
BECO 6.04 Increased By ▲ 0.01 (0.17%)
BML 57.51 Increased By ▲ 4.76 (9.02%)
BOP 34.18 Decreased By ▼ -0.07 (-0.2%)
CNERGY 8.20 Increased By ▲ 0.04 (0.49%)
DCL 12.17 Decreased By ▼ -0.17 (-1.38%)
FCCL 54.08 Increased By ▲ 0.19 (0.35%)
FCSC 5.30 Increased By ▲ 0.08 (1.53%)
FFL 18.11 Increased By ▲ 0.08 (0.44%)
FNEL 1.32 Increased By ▲ 0.02 (1.54%)
HUMNL 11.22 Increased By ▲ 0.22 (2%)
KEL 8.15 Increased By ▲ 0.04 (0.49%)
KOSM 5.49 Increased By ▲ 0.11 (2.04%)
MLCF 88.89 Increased By ▲ 0.84 (0.95%)
NBP 186.60 Increased By ▲ 0.12 (0.06%)
PACE 10.71 Decreased By ▼ -0.01 (-0.09%)
PAEL 40.67 Increased By ▲ 0.73 (1.83%)
PIAHCLA 26.33 Increased By ▲ 0.16 (0.61%)
PIBTL 17.35 Increased By ▲ 0.03 (0.17%)
PPL 232.80 Increased By ▲ 0.02 (0.01%)
PRL 34.91 Decreased By ▼ -0.04 (-0.11%)
PTC 67.02 Decreased By ▼ -0.54 (-0.8%)
SEARL 91.65 Increased By ▲ 0.72 (0.79%)
SSGC 27.23 Increased By ▲ 0.06 (0.22%)
TELE 8.55 Decreased By ▼ -0.02 (-0.23%)
THCCL 64.83 Increased By ▲ 4.70 (7.82%)
TPLP 9.00 Increased By ▲ 0.24 (2.74%)
TREET 24.74 Increased By ▲ 0.20 (0.81%)
TRG 72.84 Increased By ▲ 1.09 (1.52%)
WAVES 10.72 Increased By ▲ 0.74 (7.41%)
WTL 1.28 Increased By ▲ 0.02 (1.59%)
World

US eyes possible trade deal with Taiwan: Blinken

  • Though Washington severed diplomatic relations with Taipei in 1979 to recognize Beijing as China's sole official representative, the United States remains Taiwan's most powerful ally and its top arms supplier.
Published June 8, 2021 Updated June 8, 2021 10:47am
By

WASHINGTON: The United States will soon start discussing a trade deal with Taiwan, Secretary of State Antony Blinken said Monday, risking Beijing's wrath.

"I know we are engaged in conversations with Taiwan, or soon will be, on some kind of framework agreement," Blinken said at a congressional hearing in Washington.

"And those conversations should be starting," he stressed.

He said that US Trade Representative Katherine Tai would be the one to offer any details on these future negotiations.

The possibility of a US trade deal with Taiwan is likely to infuriate Beijing, which sees the democratic, self-ruled island as part of its territory which is to be seized one day, by force if necessary, and rages at any diplomatic attempts to recognize it as an independent nation.

Though Washington severed diplomatic relations with Taipei in 1979 to recognize Beijing as China's sole official representative, the United States remains Taiwan's most powerful ally and its top arms supplier.

"We are committed to the proposition that Taiwan must have the means to defend itself, and that is consistent with the Taiwan Relations Act," Blinken stressed on Monday. "We've continued to provide significant equipment and sales to Taiwan for that purpose.

"We have real concerns about the increased aggression that the government in Beijing has shown toward Taiwan," Blinken added.

Comments

Comments are closed for this article.