Tue, Dec 21, 2004 - Page 2 News List

Officials happy with progress at OECD

CNA , TAIPEI

Officials took pride in the country's admission to the Trade Committee of the Organization for Economic Cooperation and Development (OECD) yesterday, calling it an affirmation of Taiwan's economic strength.

One month after the OECD allowed Taiwan to take part in the committee's meetings as an "ad hoc observer," Cabinet spokesman Chen Chih-mai (陳其邁) said the admission will facilitate the nation's efforts to explore foreign markets.

Although the OECD gave Tai-wan the status under the name of "Chinese Taipei" rather than the "Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu" -- the name used in applying for OECD access -- Chen said the Bureau of Foreign Trade will keep negotiating in hopes of having the designation changed.

Board Director General Huang Chih-peng (黃志鵬) said Taiwan has already been admitted to the Competition Committee under the name of "Chinese Taipei" as an observer, but the country applied to join the Trade Committee under the same name it used in the WTO.

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