US, Taiwan ink agreement to establish annual economic talks, East Asia

TAIPEI – Taiwan and the US have signed a memorandum of understanding (MOU) to establish annual economic talks, which Taiwanese President Tsai Ing-wen called a “win-win situation”. The MOU was signed after an inaugural round of economic talks in Washington on Friday (Nov 20). The talks kicked off the Economic Prosperity Partnership Dialogue that was announced by the United States in late August. The US delegation was led by Under Secretary of State for Economic Growth, Energy, and the Environment Keith Krach, whose September visit to Taiwan saw Chinese war planes crossing the mid-line of the Taiwan Strait – which…