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China, Taiwan to resume free-trade agreement talks

Representatives from mainland China and Taiwan have agreed to resume formal negotiations, which have been underway for years, on a free-trade pact that would eliminate tax on the majority of goods flowing between the two regions, Reuters reported, citing Taiwan officials on Tuesday. The negotiations will restart at the end of the month, according to representatives from the Straits Exchange Foundation, which oversees the talks. They will include officials from both sides and are expected to produce a wide-ranging pact that could potentially affect up to 85% of traded goods, analysts estimate.

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