Sunday, April 03, 2022 9:34:07 PM
https://asia.nikkei.com/Spotlight/Comment/Biden-s-Indo-Pacific-power-play-stymied-by-lack-of-trade-authority
Without the fast-track trade negotiating ability, U.S. President Joe Biden does not have much leverage to entice Indo-Pacific nations away from China. © Reuters
YASU OTA, Nikkei columnistApril 3, 2022 23:16 JST
TOKYO -- The U.S. is seeking to reassert itself in the Indo-Pacific by forming a new economic framework as a bulwark against a rising China. But President Joe Biden currently lacks a powerful trade negotiating tool that can make this vision a reality.
Taiwan wants to participate. (For good reason.)
https://asia.nikkei.com/Politics/International-relations/Indo-Pacific/Taiwan-wants-to-be-full-member-of-U.S.-Indo-Pacific-Economic-Framework
TAIPEI (Reuters) -- A senior Taiwanese minister called on Wednesday for the island to be made a "full member" of the United States' forthcoming Indo-Pacific Economic Framework, saying Taipei was a reliable partner and crucial part of the global supply chain.
Washington vowed last month to commit more diplomatic and security resources to the Indo-Pacific to push back against what its sees as China's bid to create a regional sphere of influence and become the world's most influential power.
The 12-page strategy overview reiterated U.S. plans to launch an Indo-Pacific Economic Framework in early 2022, an initiative the administration hopes will at least partially fill a big gap in engagement with the region since 2017 when then- President Donald Trump quit a multinational trade framework.
Speaking to an online event organised by the Brookings Institution, a U.S. think-tank, Taiwan's chief trade negotiator John Deng said democratically governed Taiwan was a dependable and stable partner both politically and economically.
"Taiwan is very willing to support the U.S. Indo-Pacific Economic Framework," he said.
"I would like to urge the U.S. government, and I hope all the audience participating in the seminar today can help us convey this message to the U.S. government, that Taiwan would like to be a full member of this framework."
...Snip; More at link
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