Mon, Oct 25, 1999 - Page 17 News List

Telecoms Law won't have impact soon, analysts say

LIBERALIZATION Although the law has been passed, its implementation will be left up to the Executive Yuan, which may base its decision on WTO considerations

By Tu Po-heng  /  STAFF REPORTER

"We have to understand who wants to enter the WTO. It's not the US or other foreign countries. It's Taiwan. If Taiwan raises the ceiling but still cannot be admitted to the WTO, that would make the US or other foreign countries seems untrustworthy.

"But, if Taiwan doesn't [implement the law after its passage], Taiwan's foreign WTO counterparts would take advantage of this as an excuse to not support Taiwan's entry the WTO," said the telecoms company official.

Despite disparities, insiders all agreed that further developments will continue to be influenced by lobbying from business consortia eyeing FNT licenses, as well as American and other foreign countries who have telecoms giants eager to enter the Taiwan market.

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