The EU will make no more concessions on agricultural subsidies, and insisted again yesterday that it was up to the US to rescue the troubled world-trade talks by matching EU offers of farm spending cuts.
Austrian Agriculture Minister Josef Proell, whose country holds the rotating EU presidency, said the Europeans have made their spending cut offers in world-trade talks, "and it would be wrong to make a new offer."
While his comment took aim at Washington, it also was a note of caution to Peter Mandelson, the EU top trade negotiator, not to be seduced by Europe's trade partners into making further concessions in agricultural trade.
Mandelson, of Britain, scared some EU governments this month by signaling a willingness to deepen an EU offer for lower farm tariffs.
Mandelson's office has since said he still rejects a 54 percent demanded by a group of 20 developing nations.
The EU has offered a 46 percent cut, which its trade partners reject as insufficient.
Speaking at the outset of a two-day EU agriculture ministers meeting, Proell told reporters that Europe's trade "partners, especially the United States, do not move at all" to get the WTO talks moving.
An important April 30 deadline in the current round of world trade talks has been missed amid the trans-Atlantic recriminations, which continue unabated.
Proell said "the United States should make a move," adding -- likely for Mandelson's benefit -- that the 25 EU nations "speak with one voice on that."
In the trade talks, the EU has accused the US and developing nations of using Europe as a scapegoat for difficulties in completing the 149-nation WTO trade talks.
The so-called Doha round is two years behind schedule, and talks are at an impasse, with developing countries demanding that rich nations do more to open up their farm markets.
Taiwan is projected to lose a working-age population of about 6.67 million people in two waves of retirement in the coming years, as the nation confronts accelerating demographic decline and a shortage of younger workers to take their place, the Ministry of the Interior said. Taiwan experienced its largest baby boom between 1958 and 1966, when the population grew by 3.78 million, followed by a second surge of 2.89 million between 1976 and 1982, ministry data showed. In 2023, the first of those baby boom generations — those born in the late 1950s and early 1960s — began to enter retirement, triggering
ECONOMIC BOOST: Should the more than 23 million people eligible for the NT$10,000 handouts spend them the same way as in 2023, GDP could rise 0.5 percent, an official said Universal cash handouts of NT$10,000 (US$330) are to be disbursed late next month at the earliest — including to permanent residents and foreign residents married to Taiwanese — pending legislative approval, the Ministry of Finance said yesterday. The Executive Yuan yesterday approved the Special Act for Strengthening Economic, Social and National Security Resilience in Response to International Circumstances (因應國際情勢強化經濟社會及民生國安韌性特別條例). The NT$550 billion special budget includes NT$236 billion for the cash handouts, plus an additional NT$20 billion set aside as reserve funds, expected to be used to support industries. Handouts might begin one month after the bill is promulgated and would be completed within
The National Development Council (NDC) yesterday unveiled details of new regulations that ease restrictions on foreigners working or living in Taiwan, as part of a bid to attract skilled workers from abroad. The regulations, which could go into effect in the first quarter of next year, stem from amendments to the Act for the Recruitment and Employment of Foreign Professionals (外國專業人才延攬及僱用法) passed by lawmakers on Aug. 29. Students categorized as “overseas compatriots” would be allowed to stay and work in Taiwan in the two years after their graduation without obtaining additional permits, doing away with the evaluation process that is currently required,
IMPORTANT BACKER: China seeks to expel US influence from the Indo-Pacific region and supplant Washington as the global leader, MAC Minister Chiu Chui-cheng said China is preparing for war to seize Taiwan, Mainland Affairs Council (MAC) Minister Chiu Chui-cheng (邱垂正) said in Washington on Friday, warning that Taiwan’s fall would trigger a regional “domino effect” endangering US security. In a speech titled “Maintaining the Peaceful and Stable Status Quo Across the Taiwan Strait is in Line with the Shared Interests of Taiwan and the United States,” Chiu said Taiwan’s strategic importance is “closely tied” to US interests. Geopolitically, Taiwan sits in a “core position” in the first island chain — an arc stretching from Japan, through Taiwan and the Philippines, to Borneo, which is shared by