Tuesday, 07 December 2021 10:17 GMT

US favorable to Taiwan trade bid, urges Beijing to cease pressure


(MENAFN- AFP)

The United States on Friday praised Taiwan's record as a candidate to join a trans-Pacific trade deal and criticized Beijing for stepping up jet incursions near the island.

Taiwan, a self-governing democracy claimed by Beijing, formally sought Thursday to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) after years of lobbying following communist China's own application for membership.

The vast trade pact is a successor to the Trans-Pacific Partnership, which was championed by the United States until former president Donald Trump withdrew in 2017, calling it bad for workers.

President Joe Biden's administration, which is close to organized labor, has made clear it is not rushing to rejoin and the State Department acknowledged it had no formal say in the Chinese and Taiwanese applications.

"That said, we would expect that Taiwan's record as a responsible member of the World Trade Organization and Taiwan's strong embrace of democratic values would factor into the CPTPP parties' evaluation of Taiwan as a potential candidate for accession," State Department spokesman Ned Price told reporters.

"We urge Beijing to cease its military, diplomatic and economic pressure against Taiwan and instead engage in meaningful dialogue with Taiwan," he said.

Taiwan said that 24 Chinese planes, including 18 fighter jets and two nuclear-capable bombers, crossed into the island's air defense identification zone on the day of the application announcement.

China, whose defeated nationalists fled to Taiwan in 1949 after losing the civil war, considers the island a province awaiting reunification, by force if necessary.

Japan, the largest economy in the 11-nation Asia-Pacific arrangement, has welcomed Taiwan's bid to join.

MENAFN24092021000143011026ID1102859877


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.