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Taiwan wants to settle U.S. beef on imports

• The Raw Story.com
 

Taiwan’s President Ma Ying-jeou Monday called for the resumption of stalled trade talks with the United States after the island recently lifted a six-year-old ban on some U.S. beef imports.

“We hope the Taiwan-U.S. economic and trade negotiations can be placed back on the right track as soon as possible,” Ma said while meeting U.S. Assistant Secretary of State for Economic and Business Affairs Jose W. Fernandez.

Negotiations between the United States and Taiwan on a Trade and Investment Framework Agreement (TIFA), seen as a precursor to a full-fledged free-trade agreement, have been dormant since 2007.

This was caused by a dispute over imports of beef containing any residual ractopamine, a growth drug used in animal feed to promote lean meat.

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