With the legislature set to review a controversial service trade agreement with China during the current session, the Democratic Progressive Party (DPP) yesterday said it was aiming to force a renegotiation of the accord.
DPP officials and legislators set down four principles to guide the review during a weekly meeting between party headquarters and the legislative caucus for discussions of major policies.
The four principles are: reciprocal market opening, fair competition, public livelihood and national security, DPP spokesperson Lin Chun-hsien (林俊憲) said.
While the DPP has always supported free trade, China is a special case because of the political implications and the differences in the two countries’ economic systems and market sizes, Lin quoted DPP Chairman Su Tseng-chang (蘇貞昌) as saying, adding that both sides had made different pledges upon their accession to the WTO in 2002, with Taiwan opening up 58 percent of its market while China only opened 37 percent.
Liberalization as listed in the agreement is not reciprocal as far as cross-border trade in services and commercial presence is concerned, which constitutes unfair competition, Lin said.
For example, China would limit Taiwanese investment in Fujian Province to certain sectors, while Taiwan would not place restrictions on Chinese investment in the service sector, Lin said.
Service sectors that are likely to suffer a severe impact from the agreement and those that are related to national security, information security and freedom of speech also require extra protection, the DPP said.
According to an inter-party negotiation in June last year, the service trade agreement is to be screened in the legislature clause-by-clause after a series of public hearings are held.
With the last public hearing scheduled to be held next week, Su urged the Chinese Nationalist Party (KMT) to respect the results of inter-party negotiations and mainstream public opinion, despite President Ma Ying-jeou’s (馬英九) call for a speedy screening and passage of the agreement.
The DPP also urged the KMT to stop blocking several legislative proposals on cross-strait agreement monitoring and supervision of Chinese investment in the legislature’s Procedure Committee as they are designed to serve as legal safeguards for cross-strait dealings in the future.
DPP caucus whip Ker Chien-ming (柯建銘) reiterated that the DPP caucus would not allow the KMT to push through the screening and approval of the cross-strait deal by the conclusion of the current session.
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
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
An Emirates flight from Dubai arrived at Taiwan Taoyuan International Airport yesterday afternoon, the first service of the airline since the US and Israel launched strikes against Iran on Saturday. Flight EK366 took off from the United Arab Emirates (UAE) at 3:51am yesterday and landed at 4:02pm before taxiing to the airport’s D6 gate at Terminal 2 at 4:08pm, data from the airport and FlightAware, a global flight tracking site, showed. Of the 501 passengers on the flight, 275 were Taiwanese, including 96 group tour travelers, the data showed. Tourism Administration Deputy Director-General Huang He-ting (黃荷婷) greeted Taiwanese passengers at the airport and