Sat, Jul 06, 2013 - Page 3 News List

SERVICES PACT: INTERVIEW: Government should halt implementation of pact: expert

National Taiwan University economics department chairwoman Jang Show-ling called on the government to suspend the newly signed cross-strait service trade agreement in an interview with ‘Taipei Times’ staff reporter Helen Ku. Jang said the feasibility of opening Taiwan’s market comprehensively to Chinese investors should be re-evaluated because it could bring more harm than benefits to local companies

Since the signing of ECFA, Taiwan still has not signed any other free-trade agreements, but continues to lose competitiveness in the global market because of a lack of trade agreements.

The Ma administration must stop bragging about ECFA’s advantages and use the framework as a shield to defend its efforts in strengthening the nation’s economy.

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