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.
The Central Weather Administration (CWA) today issued a "tsunami watch" alert after a magnitude 8.7 earthquake struck off the Kamchatka Peninsula in northeastern Russia earlier in the morning. The quake struck off the east coast of the Kamchatka Peninsula at 7:25am (Taiwan time) at a depth of about 19km, the CWA said, citing figures from the Pacific Tsunami Warning Center. The CWA's Seismological Center said preliminary assessments indicate that a tsunami could reach Taiwan's coastal areas by 1:18pm today. The CWA urged residents along the coast to stay alert and take necessary precautions as waves as high as 1m could hit the southeastern
The National Museum of Taiwan Literature is next month to hold an exhibition in Osaka, Japan, showcasing the rich and unique history of Taiwanese folklore and literature. The exhibition, which is to run from Aug. 10 to Aug. 20 at the city’s Central Public Hall, is part of the “We Taiwan” at Expo 2025 series, highlighting Taiwan’s cultural ties with the international community, National Museum of Taiwan Literature director Chen Ying-fang (陳瑩芳) said. Folklore and literature, among Taiwan’s richest cultural heritages, naturally deserve a central place in the global dialogue, Chen said. Taiwan’s folklore would be immediately apparent at the entrance of the
Speeding and badly maintained roads were the main causes of a school bus accident on a rainy day in Taipei last year that severely injured two people and left 22 with minor injuries, the Taiwan Transportation and Safety Board said. On March 11 last year, a Kang Chiao International School bus overturned inside the Wenshan Tunnel (文山隧道) on the northbound lane of the Xinyi Expressway. The tour bus, owned by Long Lai Co, exceeded the speed limit after entering the tunnel, the board’s investigation found. Sensing that the rear of the vehicle was swaying, the driver attempted to use the service and exhaust
Central and southern Taiwan are to see increasingly heavy rainfall from last night through Friday due to the effects of a low-pressure system and southwesterly winds, the Central Weather Administration (CWA) said. CWA forecaster Liu Pei-teng (劉沛滕) said Tropical Storm Co-May had weakened into a low-pressure system on Saturday, but that it strengthened again into a tropical depression (TD 11) near the seas around Japan's Ryukyu Islands due to favorable environmental conditions. The tropical depression is expected to persist for two to three days, moving west-northwest by this afternoon and reaching China's Zhejiang through the East China Sea tomorrow,
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