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NEWS RELEASE 02-099; October 21, 2002 October 21, 2002
News Release 02-099
Inv. No. 332-438

U.S.-TAIWAN FREE TRADE AGREEMENT WOULD INCREASE BILATERAL TRADE, SAYS ITC

Trade between Taiwan and the United States would increase if a free trade arrangement were to be established between the two economies, reports the U.S. International Trade Commission (ITC) in its publication U.S.-Taiwan FTA: Likely Economic Impact of a Free Trade Agreement Between the United States and Taiwan.

The ITC, an independent, nonpartisan, factfinding federal agency, recently completed the report for the U.S. Senate Committee on Finance. Following are highlights of the report:

U.S.-Taiwan FTA: Likely Economic Impact of a Free Trade Agreement Between the United States and Taiwan (Inv. No. 332-438, USITC Publication 3548, October 2002) will be available on the ITC's Internet server at www.usitc.gov. A printed copy may be requested by calling 202-205-1809 or by writing the Office of the Secretary, U.S. International Trade Commission, 500 E Street SW, Washington, DC 20436. Requests may be faxed to 202-205-2104.

ITC general factfinding investigations, such as this one, cover matters related to tariffs or trade and are generally conducted at the request of the U.S. Trade Representative, the Senate Committee on Finance, or the House Committee on Ways and Means. The resulting reports convey the Commission's objective findings and independent analyses on the subjects investigated. The Commission makes no recommendations on policy or other matters in its general factfinding reports. Upon completion of each investigation, the ITC submits its findings and analyses to the requester. General factfinding investigation reports are subsequently released to the public, unless they are classified by the requester for national security reasons.

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