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.
Beijing could eventually see a full amphibious invasion of Taiwan as the only "prudent" way to bring about unification, the US Department of Defense said in a newly released annual report to Congress. The Pentagon's "Annual Report to Congress: Military and Security Developments Involving the People's Republic of China 2025," was in many ways similar to last year’s report but reorganized the analysis of the options China has to take over Taiwan. Generally, according to the report, Chinese leaders view the People's Liberation Army's (PLA) capabilities for a Taiwan campaign as improving, but they remain uncertain about its readiness to successfully seize
HORROR STORIES: One victim recounted not realizing they had been stabbed and seeing people bleeding, while another recalled breaking down in tears after fleeing A man on Friday died after he tried to fight the knife-wielding suspect who went on a stabbing spree near two of Taipei’s busiest metro stations, Taipei Mayor Chiang Wan-an (蔣萬安) said. The 57-year-old man, identified by his family name, Yu (余), encountered the suspect at Exit M7 of Taipei Main Station and immediately tried to stop him, but was fatally wounded and later died, Chiang said, calling the incident “heartbreaking.” Yu’s family would receive at least NT$5 million (US$158,584) in compensation through the Taipei Rapid Transit Corp’s (TRTC) insurance coverage, he said after convening an emergency security response meeting yesterday morning. National
Taiwan is getting a day off on Christmas for the first time in 25 years. The change comes after opposition parties passed a law earlier this year to add or restore five public holidays, including Constitution Day, which falls on today, Dec. 25. The day marks the 1947 adoption of the constitution of the Republic of China, as the government in Taipei is formally known. Back then the Chinese Nationalist Party (KMT) governed China from Nanjing. When the KMT, now an opposition party in Taiwan, passed the legislation on holidays, it said that they would help “commemorate the history of national development.” That
Taiwan has overtaken South Korea this year in per capita income for the first time in 23 years, IMF data showed. Per capita income is a nation’s GDP divided by the total population, used to compare average wealth levels across countries. Taiwan also beat Japan this year on per capita income, after surpassing it for the first time last year, US magazine Newsweek reported yesterday. Across Asia, Taiwan ranked fourth for per capita income at US$37,827 this year due to sustained economic growth, the report said. In the top three spots were Singapore, Macau and Hong Kong, it said. South