FOR IMMEDIATE RELEASE
Jim Dyke/Curt Cultice
Wednesday, January 2, 2001
Statement by Commerce Secretary Don Evans on Taiwans
Into the World Trade Organization
On January 1, Taiwan
officially became the 144th member of the World Trade Organization.
I congratulate Taiwan
on this historic achievement.
accession to the WTO will further open Taiwans market to American
exports of industrial goods and services, including key telecommunications
and financial services sectors.
Taiwan tariff on industrial products will be cut from 6 percent to less
than 5 percent, and Taiwan also will liberalize its agricultural trade
sector. It will open its procurement market to U.S.
bidders in areas such as power‑generation, transport and power
transmission services. Taiwan
will also eliminate tariffs in the aircraft sector and select aircraft
suppliers based on commercial considerations only.
has joined the WTO at a historic moment, and we look forward to its
full participation in future WTO work.