Ma said Legislative Speaker Wang Jin-pyng (王金平) would call a meeting tomorrow and invite caucus heads to hear reports from the Financial Supervisory Commission (FSC), the Mainland Affairs Council and the Ministry of Economic Affairs on the proposed MOU to help lawmakers better understand the content and impact of the agreement.
“Some of the impacts are positive and some are not so positive, but the legislature must know them all,” Ma said. “The FSC must also further communicate with industries ... We must be ready before we sign them.”
In China, Yang Yi (楊毅), spokesman for China’s Taiwan Affairs Office, told a press conference that Beijing was ready to sign the agreement on financial cooperation.
Yang said the two sides had agreed on the details of the MOU on financial supervision. He did not specify when, where or how the signing would take place, but said China “would have no problem” with those details. ADDITIONAL REPORTING BY AFP
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