Critics of the government yesterday told a forum that the government’s proposed economic cooperation framework agreement (ECFA) with China was tantamount to a “one China market.”
Kenneth Lin (林向愷), an economics professor at National Taiwan University, said Taiwan would lose its right to make decisions about its survival, development and sovereignty if it signed an ECFA with China, as the ultimate goal of such an agreement would be to remove the barriers to the movement of capital, products, personnel and technology between the two sides of the Taiwan Strait under the framework of a “one-China market.”
Although the ECFA with China could benefit some industries, the government has not told the public the impact it would have on other industries and on sovereignty, he told the forum yesterday hosted by the Taiwan Shadow Government think tank founded by former Democratic Progressive Party (DPP) chairman Frank Hsieh (謝長廷).
Former minister of finance and former Taiwan permanent representative to the WTO Yen Ching-chang (顏慶章) said an ECFA would be little more than a “letter of intent” with a timetable. It would be a framework for achieving a substantial free-trade agreement (FTA), but would lack any content, he said.
Yen said an ECFA would be a totally “void” pact with no immediate impact on Taiwan’s economy, contrary to what Ma has portrayed, as mutually beneficial measures such as the opening of Taiwan’s market would be necessary to achieve a substantial FTA.
Former vice premier Wu Rong-yi (吳榮義) told the forum it was strange that while China blocks Taiwan from signing any FTAs or similar pacts with other countries, it wants to ink one with Taiwan.
“The roads are all blocked and there is only one path left, but it leads to a trap,” Wu said, adding that there must be some political motivation behind China’s wish to sign an economic agreement with Taiwan.
Also at the forum, Hsieh said: “President Ma promised the economic treaty with China would not involve issues of sovereignty, but Ma has broken his promises many times on various policies before. Are we to believe his word again and risk the country’s existence?”
Hsieh called on the Ma administration to tell the people the truth about the proposed economic pact and to craft a long-term economic development strategy rather than focus on short-term bailout programs.
“Any economic agreement signed between two countries must be mutually beneficial if it is to last,” Hsieh said. “Can this really be something that is so heavily in favor of Taiwan? There must be other motives behind this.”
There should be more transparent discussion on the possibility of signing an ECFA with China, Hsieh said, urging the government not to rush into a decision on the proposal. Public consensus might be more attainable if there are in-depth debates on the issue and on Taiwan’s best interests in the situation, Hsieh said.
NEW AGREEMENT: Malaysia approved imports last year after nearly two years of negotiations and inspections to meet quarantine requirements, officials said Up to 3.6 tonnes of pomeloes from Taiwan cleared Malaysian customs on Friday, in the first shipment of Taiwanese pomeloes to Malaysia. Taiwan-grown pomeloes are popular in domestic and overseas markets for their tender and juicy taste, the Ministry of Agriculture’s Animal and Plant Health Inspection Agency said. The fruit is already exported to Japan, Canada, Hong Kong, Singapore and the Philippines, it added. The agency began applying for access to the Malaysian market in 2023, compiling data on climate suitability, pests and diseases, and post-harvest handling, while also engaging in nearly two years of negotiations with Malaysian authorities and submitting supplementary
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Tigerair Taiwan and China Airlines (CAL) today announced that several international flights were canceled or rescheduled due to Typhoon Ragasa. The Central Weather Administration (CWA) has maintained sea and land warnings for the typhoon. Its storm circle reached the Hengchun Peninsula (恆春半島) on Taiwan's southern tip at 11am today. Tigerair Taiwan said it canceled Monday's IT551/IT552 Taoyuan-Da Nang, IT606/IT607 Taoyuan-Busan and IT602 Taoyuan-Seoul Incheon flights. Tomorrow, cancelations include IT603 Seoul Incheon-Taoyuan, as well as flights between Taoyuan and Sapporo, Osaka, Tokyo Narita, Okinawa, Fukuoka, Saga, Tokyo Haneda, Nagoya, Asahikawa and Jeju. On Wednesday, the IT321/IT322 Kaohsiung-Macau round-trip would also be canceled. CAL announced that today's