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The office of the US Trade Representative announced that both sides had reached a “consensus on the negotiating mandate" and the first round of talks is expected to take place in autumn this year.
Ms Pelosi reiterated bipartisan support for Taiwan and the status quo in the region.
The highest-level American visit to the self-governing island, which China claims as its own, has been made in 25 years during Nancy Pelosi's brief trip to Taiwan, when she arrived unexpectedly with a congressional group late on Tuesday and left on Wednesday.
On Thursday, August 4, Nancy Pelosi will meet with South Korean National Assembly Speaker Kim Jin-pyo while she is in Seoul.
Despite warnings from China not to, Pelosi met Taiwanese President Tsai Ing-wen during her 15-hour tour.
Taiwan has become another point of contention between Washington and Beijing amid their rising tensions in recent years.
Democrat Joe Biden has already acquired 264 electoral votes and has even went on to break the record by becoming the only presidential candidate in the history of the US to gain 7,36,77,444 votes
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