Mon, Jul 31, 2006 - Page 12 News List

Scotched WTO talks bad for Taiwan

SIDELINED With the suspension of WTO talks, nations will move toward bilateral agreements, but Taiwan's isolation means it is likely to be locked out of such deals

By Jessie Ho  /  STAFF REPORTER

Adding in trade with Hong Kong, the amount rises to US$93.41 billion.

In the five months to May, cross-strait trade rose 14.3 percent from a year earlier to US$33.89 billion, the Bureau of Foreign Trade said last week.

The figure accounted for 20 percent of Taiwan's total external trade, compared with 19.4 percent a year earlier, the bureau said.

also see story:

US and Brazil try to salvage WTO talks

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