Taiwan-U.S. Trade and Investment Framework Agreement
What is the Taiwan-U.S. TIFA?
The Taiwan-U.S. Trade and Investment Framework Agreement (TIFA) is the most important channel for bilateral high-level economic and trade consultations between Taiwan and the United States. It also serves as a primary platform for bilateral trade dispute resolution, trade promotion, and investment cooperation. Through TIFA, Taiwan and the U.S. have accomplished many achievements through the dialogue mechanism, such as promoting the U.S. to support Taiwan’s efforts in accession to the WTO, signing the WTO Government Procurement Agreement, enhancing Taiwan’s institution for protecting of intellectual property rights, and allowing related economic and trade systems of Taiwan to be in line with international standards.
History of TIFA
The Taiwan-U.S. “Trade and Investment Framework Agreement” was conceived in December 1992, when Ambassador Carla Hills paid a visit to Taiwan. The proposal for Taiwan and the U.S. to sign the bilateral agreement was brought forward by the then-USTR during said visit. Subsequently, TIFA was signed into force on September 19, 1994 in Washington, D.C.
Through the TIFA meetings, dialogue platform and mechanism between Taiwan and U.S. officials at the Director General-level were established, and substantive bilateral economic and trade cooperation relationships were promoted. Subsequently, TIFA was brought up to the deputy ministerial-level in 2004 when the fourth meeting was held. Taiwan-US TIFA meetings provide both sides with a platform to conduct high-level dialogue on major economic and trade policies, and carry a great significance with respect to bilateral economic and trade developments.
Since the signing of TIFA in 1994, Taiwan and the U.S. have held a total of seven TIFA meetings. The most recent was held in March 2013. Outcomes of the TIFA meetings are in the links below.
- First TIFA meeting, 1995 in Washington, D.C.
- Second TIFA meeting, 1997 in Taipei
- Third TIFA meeting, 1998 in Washington, D.C.
- Fourth TIFA meeting, 2004 in Washington, D.C.
- Fifth TIFA meeting, 2006 in Taipei
- Sixth TIFA meeting, 2007 in Washington, D.C.
- Seventh TIFA meeting, 2013 in Taipei
- Eighth TIFA meeting, 2014 in Washington D.C.
- Ninth TIFA meeting, 2015 in Washington D.C.
- Tenth TIFA meeting, 2016 in Washington D.C.