Taiwan Paves Way For U.S. Trade Deal By Easing Pork, Beef Imports

“The decision is in line with the country’s overall interests and the goals of the nation’s strategic development. It’s also a decision that could boost Taiwan-U.S. ties,” she said.

“If we can take one crucial step forward on the issue of U.S. pork and beef, it will be an important start for Taiwan-U.S. economic cooperation at all fronts.”

U.S. State Department spokeswoman Morgan Ortagus said the United States welcomed Taiwan’s move and removing “these long-standing barriers” opened the door to greater economic and trade cooperation.

“We look forward to the timely implementation of these actions, which will provide greater access for U.S. farmers to one of East Asia’s most vibrant markets, and for Taiwan consumers to high-quality U.S. agricultural products,” she said.

Tsai said  that while it may take a while to reach a bilateral trade agreement with the United States, she had a positive attitude on the issue.

The United States is an “extremely important” trade partner for Taiwan, and the decision has nothing to do with the upcoming U.S. presidential election, she added.

Council of Agriculture Minister Chen Chi-chung said the eased pork and beef rules were expected to come into effect on Jan. 1.

Taiwan-U.S. trade last year was worth $85.5 billion, with the United States running a $23.1 billion deficit. Taiwan was the United States’ 14th biggest export market in 2019.

The United States, like most countries, has no official relations with Taiwan, which is claimed by Beijing as sovereign Chinese territory. China has been stepping up its military activities near Taiwan.

Export-dependent, tech powerhouse Taiwan has also been pushing for an investment agreement with the European Union.