Taiwan has a great opportunity to improve cross-strait relations, and the opportunity will quickly pass if both sides do not take advantage of it, Straits Exchange Foundation Chairman Chiang Pin-kung (江丙坤) said yesterday.
The government would like to see a win-win situation created on the economic front and sustainable peace across the Taiwan Strait, he said.
To that end, a comprehensive economic cooperation agreement would prevent Taiwan from being marginalized economically, and the normalization of cross-strait trade would help create such a positive situation, he said.
In pursuing cross-strait peace, he said both sides must sign a peace agreement and establish a military mutual trust mechanism to establish a framework that can be developed upon.
Chiang made the remarks while addressing the Presidential Office’s monthly meeting for top government officials and civil servants.
At a different setting yesterday, President Ma Ying-jeou (馬英九) praised joint oil exploration between Japan and China, saying that joint development and resource sharing is the best way for countries with similar problems to find solutions.
Calling the agreement signed between Tokyo and Beijing to jointly explore oil reserves in the East China Sea an “outstanding achievement,” Ma said that about 40 years ago, European countries were fighting over oil reserves in the North Sea. However, they reached an agreement in the 1970s and decided to jointly develop the resources. Years later, Brent North Sea crude has become one of the most important brands in the global oil market, he said.
“It teaches us the lesson that the best way to solve a problem is through joint development and resource sharing,” he told a Japanese delegation attending this year’s Taiwan-Japan Forum.
Ma said that cross-strait relations have seen significant change since he took office. Previous conflicts and tension had been reconciled and there would be peace and prosperity, he said.
When tensions between both sides are reduced, Japan would no longer need to make a tough choice between Taiwan and China, and could instead maintain sound relations with both sides, Ma said.
The Central Weather Administration (CWA) today issued a sea warning for Typhoon Fung-wong effective from 5:30pm, while local governments canceled school and work for tomorrow. A land warning is expected to be issued tomorrow morning before it is expected to make landfall on Wednesday, the agency said. Taoyuan, and well as Yilan, Hualien and Penghu counties canceled work and school for tomorrow, as well as mountainous district of Taipei and New Taipei City. For updated information on closures, please visit the Directorate-General of Personnel Administration Web site. As of 5pm today, Fung-wong was about 490km south-southwest of Oluanpi (鵝鑾鼻), Taiwan's southernmost point.
Tropical Storm Fung-Wong would likely strengthen into a typhoon later today as it continues moving westward across the Pacific before heading in Taiwan’s direction next week, the Central Weather Administration (CWA) said. As of 8am, Fung-Wong was about 2,190km east-southeast of Cape Oluanpi (鵝鑾鼻), Taiwan’s southernmost point, moving westward at 25kph and possibly accelerating to 31kph, CWA data showed. The tropical storm is currently over waters east of the Philippines and still far from Taiwan, CWA forecaster Tseng Chao-cheng (曾昭誠) said, adding that it could likely strengthen into a typhoon later in the day. It is forecast to reach the South China Sea
Almost a quarter of volunteer soldiers who signed up from 2021 to last year have sought early discharge, the Legislative Yuan’s Budget Center said in a report. The report said that 12,884 of 52,674 people who volunteered in the period had sought an early exit from the military, returning NT$895.96 million (US$28.86 million) to the government. In 2021, there was a 105.34 percent rise in the volunteer recruitment rate, but the number has steadily declined since then, missing recruitment targets, the Chinese-language United Daily News said, citing the report. In 2021, only 521 volunteers dropped out of the military, the report said, citing
Nearly 5 million people have signed up to receive the government’s NT$10,000 (US$322) universal cash handout since registration opened on Wednesday last week, with deposits expected to begin tomorrow, the Ministry of Finance said yesterday. After a staggered sign-up last week — based on the final digit of the applicant’s national ID or Alien Resident Certificate number — online registration is open to all eligible Taiwanese nationals, foreign permanent residents and spouses of Taiwanese nationals. Banks are expected to start issuing deposits from 6pm today, the ministry said. Those who completed registration by yesterday are expected to receive their NT$10,000 tomorrow, National Treasury
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