The legislative caucuses yesterday reached a consensus to conduct an item-by-item review of a cross-strait service trade pact to decide whether to approve the agreement.
The caucus whips of all parties signed a paper saying that the service trade agreement between Taiwan and China, signed on Friday last week in Shanghai, will not take effect without being ratified by the legislature.
Against the government’s wishes — that the legislature review and vote on the agreement as a whole — the Chinese Nationalist Party (KMT) caucus conceded to the demand by their Democratic Progressive Party (DPP) and the Taiwan Solidarity Union (TSU) counterparts that each provision be voted on separately.
The agreement, under which China will open 80 of its service sectors to Taiwanese investors while Taiwan will open 64 sectors, contains 24 articles and sector-specific commitments, ranging from commerce, telecommunications, construction and distribution to the environment, health, tourism, entertainment, culture, sports, transportation and finance.
TSU caucus whip Hsu Chung-hsin (許忠信) said that the agreement was more likely to be rejected by the legislature if each provision was put to a separate vote than if the agreement were voted on as a whole.
If the agreement is voted on as a whole, people whose livelihoods may be affected by the pact will see their opposition to the agreement overridden by those who favor it because the latter will push lawmakers to ratify the pact, Hsu said.
DPP caucus whip Ker Chein-ming (柯建銘) said that if any of the provisions or commitments covered under the agreement were rejected by the legislature, the whole agreement would be annulled.
That would mean cross-strait negotiations over the opening of the service sector will have to “start from scratch,” Ker said.
Citing the Act Governing Relations Between the People of the Taiwan Area and the Mainland Area (台灣地區與大陸地區人民關係條例), the government has said that the agreement does not require legislative approval to become effective. However, it has also said that it would respect the legislature’s rights of rectification.
On Saturday, when asked whether the government would renegotiate with China if part of the agreement were rejected by the legislature, Mainland Affairs Council (MAC) Minister Wang Yu-chi (王郁琦) only said that any revisions made by the legislature would make it difficult to implement the pact.
He urged the legislature to deal with the service trade pact the same way it handled the cross-strait Economic Cooperation Framework Agreement (ECFA) three years ago.
In August 2010, when the ECFA was reviewed by the legislature, the DPP proposed 18 counterproposals to revise the name, preamble and all provisions under the ECFA, but they were all voted down by the KMT.
The KMT then proposed a motion that the ECFA be voted on as a whole. DPP lawmakers boycotted the vote and the ECFA was ratified by the legislature.
The council did not respond yesterday to the latest legislative decision regarding the review of the services pact.
The CIA has a message for Chinese government officials worried about their place in Chinese President Xi Jinping’s (習近平) government: Come work with us. The agency released two Mandarin-language videos on social media on Thursday inviting disgruntled officials to contact the CIA. The recruitment videos posted on YouTube and X racked up more than 5 million views combined in their first day. The outreach comes as CIA Director John Ratcliffe has vowed to boost the agency’s use of intelligence from human sources and its focus on China, which has recently targeted US officials with its own espionage operations. The videos are “aimed at
STEADFAST FRIEND: The bills encourage increased Taiwan-US engagement and address China’s distortion of UN Resolution 2758 to isolate Taiwan internationally The Presidential Office yesterday thanked the US House of Representatives for unanimously passing two Taiwan-related bills highlighting its solid support for Taiwan’s democracy and global participation, and for deepening bilateral relations. One of the bills, the Taiwan Assurance Implementation Act, requires the US Department of State to periodically review its guidelines for engagement with Taiwan, and report to the US Congress on the guidelines and plans to lift self-imposed limitations on US-Taiwan engagement. The other bill is the Taiwan International Solidarity Act, which clarifies that UN Resolution 2758 does not address the issue of the representation of Taiwan or its people in
SHIFT: Taiwan’s better-than-expected first-quarter GDP and signs of weakness in the US have driven global capital back to emerging markets, the central bank head said The central bank yesterday blamed market speculation for the steep rise in the local currency, and urged exporters and financial institutions to stay calm and stop panic sell-offs to avoid hurting their own profitability. The nation’s top monetary policymaker said that it would step in, if necessary, to maintain order and stability in the foreign exchange market. The remarks came as the NT dollar yesterday closed up NT$0.919 to NT$30.145 against the US dollar in Taipei trading, after rising as high as NT$29.59 in intraday trading. The local currency has surged 5.85 percent against the greenback over the past two sessions, central
US Indo-Pacific Commander Admiral Samuel Paparo on Friday expressed concern over the rate at which China is diversifying its military exercises, the Financial Times (FT) reported on Saturday. “The rates of change on the depth and breadth of their exercises is the one non-linear effect that I’ve seen in the last year that wakes me up at night or keeps me up at night,” Paparo was quoted by FT as saying while attending the annual Sedona Forum at the McCain Institute in Arizona. Paparo also expressed concern over the speed with which China was expanding its military. While the US