Sat, May 10, 2003 - Page 10 News List

Taiwan's taxpayers lose out from protectionism

FAIR PLAY?A study by the ECCT concluded that local infrastructure projects cost one-fifth more than they do in other countries, to the detriment of Taiwan

By Bill Heaney  /  STAFF REPORTER

"Taiwan still is a country with great potential, but perhaps there are other countries in the neighborhood that offer higher returns for similar risk," said Saenger. Investors might "think twice where they put their money," he said.

The ECCT launched its annual "Monitoring the Implementation of Taiwan's WTO Commitments" report in January 2001. Last month, the ECCT had its first meeting with the Board of Foreign Trade. The ECCT will now meet with the board twice a month to discuss the areas of WTO where Taiwan is not yet compliant, Inman said yesterday.

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