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Thompson Hine LLP, a full-service business law firm with approximately 400 lawyers in 11 offices, was ranked number 1 in the category “Most innovative North American law firms: New working models” by The Financial Times and was 1 of 7 firms shortlisted for The American Lawyer’s inaugural Legal Services Innovation Award. The firm has been recognized by the National Law Journal as a Legal Technology Trailblazer and featured by Bloomberg for its innovative service delivery models, which drive accuracy and predictability. The firm’s commitment to innovation is embodied in Thompson Hine SmartPaTHTM – a smarter way to work – predictable, efficient and aligned with client goals. For more information, please visit ThompsonHine.com and ThompsonHine.com/SmartPaTH.

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On August 17, 2022, the Office the U.S. Trade Representative announced that formal negotiations have commenced with Taiwan on the United States-Taiwan Initiative on 21st Century Trade. This trade initiative was first announced in June 2022 as an effort to &ldquo;deepen the economic and trade relationship, advance mutual trade priorities based on shared values, and promote innovation and inclusive economic growth for our workers and businesses.&rdquo; See Update of <a href="https://www.thompsonhinesmartrade.com/2022/06/ustr-announces-u-s-taiwan-trade-initiative/">June 2, 2022</a>.
The United States and Taiwan, under the auspices of the American Institute in Taiwan (AIT) and the Taipei Economic and Cultural Representative Office in the United States (TECRO), have now reached consensus on the <a href="https://ustr.gov/sites/default/files/2022-08/US-Taiwan%20Negotiating%20Mandate%20(Final).pdf" target="_blank" rel="noopener">negotiating mandate</a> for this trade initiative that establishes the broad objectives for negotiations. The agenda and mandate for negotiations will include discussions on trade facilitation, good regulatory practices, strong anti-corruption standards, enhancing trade between small and medium enterprises (SMEs), deepening agriculture trade, removing discriminatory barriers to trade, digital trade, robust labor and environmental standards, and ways to address distortive practices of state-owned enterprises and non-market policies and practices.

U.S. and Taiwan Open Formal Negotiations on Trade Initiative

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