Sun, Apr 07, 2002 - Page 2 News List

Legislator pushes the government to enter trade pacts

CNA , TAIPEI

An opposition legislator yesterday urged the government to actively push for the signing of regional or bilateral free trade agreements with foreign countries to promote Taiwan's trade competitiveness after the nation's WTO entry earlier this year.

TSU Legislator Wu Tung-sheng (吳東昇) said that at present, the government should list the signing of free trade agreements as its top priority.

Wu said that in recent years, all the major trade nations have attained free trade goals through the signing of regional or bilateral free trade agreements, including NAFTA, the ASEAN-Free Trade Area (AFTA), the Close Economic Partnership (CEP) between Singapore and New Zealand, as well as the Close Economic Relations (CER) agreement between Australia and New Zealand.

He urged the government to strive for the signing of a free trade agreement with the US now that the US International Trade Commission is going to make an evaluation of the feasibility of the US signing an agreement with Taiwan.

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