Former diplomat and trade expert Benjamin Lu (魯肇忠) is calling on the Ma administration to clearly explain and reveal all details of a proposed economic cooperation framework agreement (ECFA) with China before developing the pact any further with Beijing.
“People in Taiwan are very much concerned about an ECFA, but strangely the government is keeping them in the dark,” he said during an interview in Washington, where he is currently visiting family.
“It is very unusual,” Lu added. “They are not releasing details of their talks with Beijing. They are keeping things secret and that is making people [feel it is] very dubious.”
A specialist in international trade policy, Lu served as deputy director of the Bureau of Foreign Trade in the Ministry of Economic Affairs, and in the late 1980s and early 1990s he was one of Taiwan’s top diplomats, serving as representative in the UK, the US and in Belgium.
“I certainly don’t believe that the proposed ECFA will provide any opportunity for Taiwan to increase its exports to the PRC [People’s Republic of China],” he said. “The reason is that what we can manufacture in Taiwan can be manufactured in mainland China at a much cheaper price. We have no competitive edge at all, even with the concession of a tariff provided by ECFA, if there is any. There is a slight chance for Taiwan to export more tropical fruit to mainland China and some semi-finished products.”
Lu spoke out in the aftermath of a statement from President Ma Ying-jeou’s (馬英九) office dismissing criticism from former president Lee Teng-hui (李登輝) and retired US diplomat John Tkacik, who both said they believed an ECFA would undermine Taiwan’s competitiveness.
The statement said that Tkacik had been “misleading” and offered to “explain” the trade pact to Lee, hinting that he had failed to understand it.
Lu, on the other hand, said that he agreed with Tkacik and Lee, and that both men deserved to be treated with respect and have their concerns properly answered.
“As a result of [an] ECFA, a lot of other products, including agricultural products, will be sold from mainland China to Taiwan and that will definitely hurt the domestic economy,” Lu said.
“I am also skeptical that the proposed pact will pave the way to other free-trade agreements. I believe that a certain kind of political maneuver will be exercised to put up obstacles to the enforcement of the pact,” he added.
The only positive point that Lu could see to an ECFA was the protection it might provide to Taiwanese investment in China, but to what extent that protection would be implemented remained to be seen.
“It’s easy talking, but doing is something else,” he said.
Lu added that he “totally agreed” with Tkacik that an ECFA would marginalize the Taiwanese economy.
“I think Ma’s government is pretty stubborn,” he said. “They don’t care about the concerns of the people. We need to have all of the details of the talks. They must not continue to keep them secret.”
Also See: Beijing’s intentions for ECFA very clear
DEFENSE: The first set of three NASAMS that were previously purchased is expected to be delivered by the end of this year and deployed near the capital, sources said Taiwan plans to procure 28 more sets of M-142 High Mobility Artillery Rocket Systems (HIMARS), as well as nine additional sets of National Advanced Surface-to-Air Missile Systems (NASAMS), military sources said yesterday. Taiwan had previously purchased 29 HIMARS launchers from the US and received the first 11 last year. Once the planned purchases are completed and delivered, Taiwan would have 57 sets of HIMARS. The army has also increased the number of MGM-140 Army Tactical Missile Systems (ATACMS) purchased from 64 to 84, the sources added. Each HIMARS launch pod can carry six Guided Multiple Launch Rocket Systems, capable of
Authorities have detained three former Taiwan Semiconductor Manufacturing Co (TMSC, 台積電) employees on suspicion of compromising classified technology used in making 2-nanometer chips, the Taiwan High Prosecutors’ Office said yesterday. Prosecutors are holding a former TSMC engineer surnamed Chen (陳) and two recently sacked TSMC engineers, including one person surnamed Wu (吳) in detention with restricted communication, following an investigation launched on July 25, a statement said. The announcement came a day after Nikkei Asia reported on the technology theft in an exclusive story, saying TSMC had fired two workers for contravening data rules on advanced chipmaking technology. Two-nanometer wafers are the most
TRAJECTORY: The severe tropical storm is predicted to be closest to Taiwan on Wednesday and Thursday, and would influence the nation to varying degrees, a forecaster said The Central Weather Administration (CWA) yesterday said it would likely issue a sea warning for Tropical Storm Podul tomorrow morning and a land warning that evening at the earliest. CWA forecaster Lin Ting-yi (林定宜) said the severe tropical storm is predicted to be closest to Taiwan on Wednesday and Thursday. As of 2pm yesterday, the storm was moving west at 21kph and packing sustained winds of 108kph and gusts of up to 136.8kph, the CWA said. Lin said that the tropical storm was about 1,710km east of Oluanpi (鵝鑾鼻), Taiwan’s southernmost tip, with two possible trajectories over the next one
CHINA’s BULLYING: The former British prime minister said that he believes ‘Taiwan can and will’ protect its freedom and democracy, as its people are lovers of liberty Former British prime minister Boris Johnson yesterday said Western nations should have the courage to stand with and deepen their economic partnerships with Taiwan in the face of China’s intensified pressure. He made the remarks at the ninth Ketagalan Forum: 2025 Indo-Pacific Security Dialogue hosted by the Ministry of Foreign Affairs and the Prospect Foundation in Taipei. Johnson, who is visiting Taiwan for the first time, said he had seen Taiwan’s coastline on a screen on his indoor bicycle, but wanted to learn more about the nation, including its artificial intelligence (AI) development, the key technology of the 21st century. Calling himself an