Straits Exchange Foundation (SEF) Chairman Chiang Pin-kung (江丙坤) yesterday said that Taipei and Beijing were likely to sign an economic cooperation framework agreement (ECFA) in June.
As Taipei hopes to ink the proposed pact by the first half of the year, June would be a good time to do so if the SEF and its Chinese counterpart, the Association for Relations Across the Taiwan Strait (ARATS), could wrap up negotiations next month or by May, Chiang said on the sidelines of an event marking the SEF’s 19th anniversary.
The two sides held the first round of official negotiations on the planned accord in January and Taipei is set to host the second round this month.
PHOTO: CNA
Chiang said the time and place for the second round of official talks are being arranged and he was still waiting for authorization from the Mainland Affairs Council (MAC) to negotiate with ARATS on three issues during his upcoming meeting with ARATS Chairman Chen Yunlin (陳雲林).
Chiang and Chen agreed in December to address three issues in the next meeting: an ECFA proposal, protection of intellectual property rights (IPR) and avoiding double taxation.
The Ministry of Economic Affairs has drafted an IPR protection proposal, Chiang said, adding that the SEF would proceed to arrange high-level talks for both sides to finalize the wording as soon as the government gives it the go-ahead.
Commenting on rumors that Taipei has cut the “early harvest” items from about 500 to 200, Chiang said it was just media speculation, adding that negotiations were a matter of give-and-take.
It was natural to make more demands at the beginning and the two sides would not know what the final items would be until the negotiations conclude, he said.
Asked to comment on Chinese Prime Minister Wen Jiabao’s (溫家寶) remark that Beijing was willing to “yield interests” to Taiwan, Chiang said it was the consensus of the two sides to sign an ECFA as soon as possible.
“The negotiation team’s job is to seek the best interests for Taiwan’s economic development,” he said. “It’s hard to determine whether he [Wen] is sincere about what he said until the end of negotiations.”
Also present at yesterday’s event was Cecilia Koo (辜嚴倬雲), the widow of former SEF chairman Koo Chen-fu (辜振甫). She tearfully recalled her late husband and his “favorite job” as cross-strait negotiator.
Describing her late husband as the “most patriotic businessman,” Cecilia Koo said he committed himself to striving for the legitimacy of the Republic of China on Taiwan.
Cecilia Koo said people on both sides of the Strait share the same ancestry and are all yan huang zisun (炎黃子孫), or descendants of emperors Yan and Huang — but added that each side is self-governed and it is important for both sides to get along peacefully.
Taiwan has received more than US$70 million in royalties as of the end of last year from developing the F-16V jet as countries worldwide purchase or upgrade to this popular model, government and military officials said on Saturday. Taiwan funded the development of the F-16V jet and ended up the sole investor as other countries withdrew from the program. Now the F-16V is increasingly popular and countries must pay Taiwan a percentage in royalties when they purchase new F-16V aircraft or upgrade older F-16 models. The next five years are expected to be the peak for these royalties, with Taiwan potentially earning
STAY IN YOUR LANE: As the US and Israel attack Iran, the ministry has warned China not to overstep by including Taiwanese citizens in its evacuation orders The Ministry of Foreign Affairs (MOFA) yesterday rebuked a statement by China’s embassy in Israel that it would evacuate Taiwanese holders of Chinese travel documents from Israel amid the latter’s escalating conflict with Iran. Tensions have risen across the Middle East in the wake of US and Israeli airstrikes on Iran beginning Saturday. China subsequently issued an evacuation notice for its citizens. In a news release, the Chinese embassy in Israel said holders of “Taiwan compatriot permits (台胞證)” issued to Taiwanese nationals by Chinese authorities for travel to China — could register for evacuation to Egypt. In Taipei, the ministry yesterday said Taiwan
Taiwan is awaiting official notification from the US regarding the status of the Agreement on Reciprocal Trade (ART) after the US Supreme Court ruled US President Donald Trump's global tariffs unconstitutional. Speaking to reporters before a legislative hearing today, Premier Cho Jung-tai (卓榮泰) said that Taiwan's negotiation team remains focused on ensuring that the bilateral trade deal remains intact despite the legal challenge to Trump's tariff policy. "The US has pledged to notify its trade partners once the subsequent administrative and legal processes are finalized, and that certainly includes Taiwan," Cho said when asked about opposition parties’ doubts that the ART was
If China chose to invade Taiwan tomorrow, it would only have to sever three undersea fiber-optic cable clusters to cause a data blackout, Jason Hsu (許毓仁), a senior fellow at the Hudson Institute and former Chinese Nationalist Party (KMT) legislator, told a US security panel yesterday. In a Taiwan contingency, cable disruption would be one of the earliest preinvasion actions and the signal that escalation had begun, he said, adding that Taiwan’s current cable repair capabilities are insufficient. The US-China Economic and Security Review Commission (USCC) yesterday held a hearing on US-China Competition Under the Sea, with Hsu speaking on