China may force Taiwan to negotiate and sign a peace agreement by 2012 following the recently signed cross-strait Economic Cooperation Framework Agreement (ECFA), the legislature’s Organic Laws and Statutes Bureau said in a recent report.
China would follow up the ECFA by proposing a cross-strait peace agreement under the “one China” framework by 2012, the bureau said in the report, titled A Study on Mainland China’s Post-ECFA Political and Economic Strategy Toward Taiwan.
The report was completed after a delegation from the bureau and the legislature’s Budget Center went to Hong Kong in May to study the Closer Economic Partnership Arrangement (CEPA) between Hong Kong and China, as well as other issues.
The bureau and the Budget Center serve as consultants and researchers for legislators.
The report said Beijing would likely continue to insist the “one China” principle be the political foundation for cross-strait peace.
China’s moves against de jure Taiwanese independence would be more flexible and pragmatic after signing the ECFA on June 29, the report said.
China would likely offer preferential treatment in a bid to make a good impression on the Taiwanese and “eventually force our government to begin cross-strait political negotiations under public pressure in a bid to realize its strategic goal of forcing [Taiwan] to accept unification,” the report said.
Beijing would continue to block Taiwan from pursuing free-trade agreements (FTA) with other nations, making unification with China the only choice for Taiwan’s survival, the report said.
On June 23, the legislature was accused of delaying the evaluation report after finding that the report was negative and could affect the signing of the ECFA.
President Ma Ying-jeou (馬英九) and Premier Wu Den-yih (吳敦義) have on several occasions said the ECFA was an economic issue and did not involve political or sovereignty issues, but the report released by the bureau and the center said otherwise.
“Although [signing] the ECFA was an economic issue, judging from international relations theories or the special relations across the Taiwan Strait, the impact of the ECFA on both sides makes it impossible that signing it would be simply an economic issue. It will involve a more complicated political agenda,” the report said.
Chinese Nationalist Party (KMT) Legislator Wu Yu-sheng (吳育昇) said yesterday the nation should not be afraid if China were to propose a cross-strait peace agreement, as long as Taiwan insists on defending its sovereignty.
“The pursuit of a cross-strait peace deal is not necessarily a bad thing, as long as Taiwan’s sovereignty remains unchanged,” KMT Legislator Lai Shyh-bao (賴士葆) said.
Democratic Progressive Party Legislator Pan Men-an (潘孟安) said that many of the issues covered in the report were “hardly surprising.”
“The government only tells the public about the benefits of the ECFA, while conveniently forgetting about the potential fallout,” he said.
Legislative Speaker Wang Jin-pyng (王金平) said he respected the expertise of staffers at the bureau and the center but he would not comment on the report.
Executive Yuan Spokesman Johnny Chiang (江啟臣), meanwhile, said a “peace agreement” between China and Taiwan was a “hypothetical issue” and “there is no need to elaborate on the subject.”
ADDITIONAL REPORTING BY VINCENT Y. CHAO AND SHIH HSIU-CHUAN
CHAOS: Iranians took to the streets playing celebratory music after reports of Khamenei’s death on Saturday, while mourners also gathered in Tehran yesterday Iranian Supreme Leader Ayatollah Ali Khamenei was killed in a major attack on Iran launched by Israel and the US, throwing the future of the Islamic republic into doubt and raising the risk of regional instability. Iranian state television and the state-run IRNA news agency announced the 86-year-old’s death early yesterday. US President Donald Trump said it gave Iranians their “greatest chance” to “take back” their country. The announcements came after a joint US and Israeli aerial bombardment that targeted Iranian military and governmental sites. Trump said the “heavy and pinpoint bombing” would continue through the week or as long
TRUST: The KMT said it respected the US’ timing and considerations, and hoped it would continue to honor its commitments to helping Taiwan bolster its defenses and deterrence US President Donald Trump is delaying a multibillion-dollar arms sale to Taiwan to ensure his visit to Beijing is successful, a New York Times report said. The weapons sales package has stalled in the US Department of State, the report said, citing US officials it did not identify. The White House has told agencies not to push forward ahead of Trump’s meeting with Chinese President Xi Jinping (習近平), it said. The two last month held a phone call to discuss trade and geopolitical flashpoints ahead of the summit. Xi raised the Taiwan issue and urged the US to handle arms sales to
BIG SPENDERS: Foreign investors bought the most Taiwan equities since 2005, signaling confidence that an AI boom would continue to benefit chipmakers Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) market capitalization swelled to US$2 trillion for the first time following a 4.25 percent rally in its American depositary receipts (ADR) overnight, putting the world’s biggest contract chipmaker sixth on the list of the world’s biggest companies by market capitalization, just behind Amazon.com Inc. The site CompaniesMarketcap.com ranked TSMC ahead of Saudi Aramco and Meta Platforms Inc. The Taiwanese company’s ADRs on Tuesday surged to US$385.75 on the New York Stock Exchange, as strong demand for artificial intelligence (AI) applications led to chip supply constraints and boost revenue growth to record-breaking levels. Each TSMC ADR represents
State-run CPC Corp, Taiwan (CPC, 台灣中油) yesterday said that it had confirmed on Saturday night with its liquefied natural gas (LNG) and crude oil suppliers that shipments are proceeding as scheduled and that domestic supplies remain unaffected. The CPC yesterday announced the gasoline and diesel prices will rise by NT$0.2 and NT$0.4 per liter, respectively, starting Monday, citing Middle East tensions and blizzards in the eastern United States. CPC also iterated it has been reducing the proportion of crude oil imports from the Middle East and diversifying its supply sources in the past few years in response to geopolitical risks, expanding