A free-trade agreement (FTA) between Taiwan and New Zealand was passed by the Legislative Yuan yesterday, the first FTA Taiwan has signed with a non-diplomatic ally.
Lawmakers across party lines lauded the bilateral economic cooperation agreement, the first FTA with a country other than China that President Ma Ying-jeou’s (馬英九) administration has signed since 2008, saying that it was a step forward in Taiwan’s participation in regional economic integration.
The Agreement between New Zealand and the Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu on Economic Cooperation (ANZTEC) was signed on July 10.
New Zealand’s parliament has already ratified the accord.
In a press release issued after the plenary session, the Democratic Progressive Party (DPP) said the agreement would create a win-win situation for both sides, as the two economies are complementary to each other.
The DPP also urged the government to continue pursuing FTAs with Taiwan’s major trade partners, including Japan, the EU and the US, to avoid overdependence on the Chinese market.
Taiwan Solidarity Union Legislator Hsu Chung-hsin (許忠信) and People First Party Legislator Thomas Lee (李桐豪) raised concerns about the potential negative impact of the agreement on the local dairy industry and livestock breeding industry.
New Zealand has an annual trade surplus of US$600 million with Taiwan in terms of dairy and beef products and the government should develop supplementary measures to assist local farmers, Lee said.
The agreement had political implications, as Taiwan was able to sign the deal with New Zealand because Hong Kong has a similar pact with New Zealand, Hsu said.
He further called on Beijing to stop suppressing Taiwan’s international space.
A report published by the Chung-Hua Institution for Economic Research estimated that the agreement could boost Taiwan’s GDP by US$303 million and create 6255 job opportunities.
An essay competition jointly organized by a local writing society and a publisher affiliated with the Chinese Communist Party (CCP) might have contravened the Act Governing Relations Between the People of the Taiwan Area and the Mainland Area (臺灣地區與大陸地區人民關係條例), the Mainland Affairs Council (MAC) said on Thursday. “In this case, the partner organization is clearly an agency under the CCP’s Fujian Provincial Committee,” MAC Deputy Minister and spokesperson Liang Wen-chieh (梁文傑) said at a news briefing in Taipei. “It also involves bringing Taiwanese students to China with all-expenses-paid arrangements to attend award ceremonies and camps,” Liang said. Those two “characteristics” are typically sufficient
A magnitude 5.9 earthquake that struck about 33km off the coast of Hualien City was the "main shock" in a series of quakes in the area, with aftershocks expected over the next three days, the Central Weather Administration (CWA) said yesterday. Prior to the magnitude 5.9 quake shaking most of Taiwan at 6:53pm yesterday, six other earthquakes stronger than a magnitude of 4, starting with a magnitude 5.5 quake at 6:09pm, occurred in the area. CWA Seismological Center Director Wu Chien-fu (吳健富) confirmed that the quakes were all part of the same series and that the magnitude 5.5 temblor was
The brilliant blue waters, thick foliage and bucolic atmosphere on this seemingly idyllic archipelago deep in the Pacific Ocean belie the key role it now plays in a titanic geopolitical struggle. Palau is again on the front line as China, and the US and its allies prepare their forces in an intensifying contest for control over the Asia-Pacific region. The democratic nation of just 17,000 people hosts US-controlled airstrips and soon-to-be-completed radar installations that the US military describes as “critical” to monitoring vast swathes of water and airspace. It is also a key piece of the second island chain, a string of
The Central Weather Administration has issued a heat alert for southeastern Taiwan, warning of temperatures as high as 36°C today, while alerting some coastal areas of strong winds later in the day. Kaohsiung’s Neimen District (內門) and Pingtung County’s Neipu Township (內埔) are under an orange heat alert, which warns of temperatures as high as 36°C for three consecutive days, the CWA said, citing southwest winds. The heat would also extend to Tainan’s Nansi (楠西) and Yujing (玉井) districts, as well as Pingtung’s Gaoshu (高樹), Yanpu (鹽埔) and Majia (瑪家) townships, it said, forecasting highs of up to 36°C in those areas
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