Straits Exchange Foundation (SEF) Chairman Chiang Pin-kung (江丙坤), the nation’s chief negotiator with China, arrived in Nanjing, China, yesterday morning on a mission to seal three agreements and one joint statement with China.
The highlight of Chiang’s visit will be a meeting today with his Chinese counterpart, Association for Relations Across the Taiwan Strait Chairman Chen Yunlin (陳雲林).
The two sides are expected to sign three agreements on the launch of regular cross-strait passenger flights, financial cooperation and mutual judicial assistance and cross-strait cooperation to fight crime. Any consensus reached on opening Taiwan to Chinese investment would be covered in a joint statement.
PHOTO: CNA
Representatives of the SEF and ARATS held a preparatory meeting yesterday to finalize the text of the agreements and the joint statement.
Mainland Affairs Council Chairwoman Lai Shin-yuan (賴幸媛), who was at Taiwan Taoyuan International Airport to see off Chiang and his delegation, promised that the SEF’s negotiations with ARATS would be conducted in accordance with the principles of equality and dignity and would uphold the interests of Taiwan and its people.
During the talks, Chiang is also likely to raise a proposal for Taiwan and China to sign an economic cooperation framework agreement (ECFA) as instructed by President Ma Ying-jeou (馬英九) during their meeting on Friday.
Ma has argued that if Taiwan does not sign such an agreement with China, it risks being marginalized and losing its competitiveness because China and neighboring countries are planning to sign free-trade agreements.
Critics, however, warned that the ECFA could jeopardize Taiwan’s sovereignty and make it too economically dependent on China.
Defining the ECFA as an accord about “tariff reduction” and “fair trade,” Lai yesterday said it was essential to normalizing cross-strait trade.
Addressing concerns about the negative impact of the ECFA on local businesses, Lai said in an interview with a radio station in Taichung yesterday that there would be supplementary measures in place and that the government would only open industries that could benefit from and attract Chinese investment.
They will not include industries involved in high-tech development or national security, she said.
A pact on judicial assistance and cooperation to fight crime will allow for the repatriation of Taiwanese fugitives in China to face justice, she said. Of the 85 major Taiwanese economic criminals who have fled to China over the past 10 years, only one has been returned to Taiwan, she said.
Lai said the two sides would also discuss “fifth freedom of the air,” or the right of airlines to operate connecting flights, during the Chiang-Chen meeting, but it would not be the focus of the meeting because of its technical complexity.
Fifth freedom of the air means that an airline can carry passengers from one country to another, and then on to a third country. Beijing has been reluctant to discuss the matter because it touches on the issue of sovereignty.
Also See: Financial deal is ‘ticket’ to Chinese market: FSC head
GEARING UP: An invasion would be difficult and would strain China’s forces, but it has conducted large-scale training supporting an invasion scenario, the report said China increased its military pressure on Taiwan last year and took other steps in preparation for a potential invasion, an annual report published by the US Department of Defense on Wednesday showed. “Throughout 2023, Beijing continued to erode longstanding norms in and around Taiwan by employing a range of pressure tactics against Taiwan,” the report said, which is titled “Military and Security Developments Involving the People’s Republic of China (PRC) 2024.” The Chinese People’s Liberation Army (PLA) “is preparing for a contingency to unify Taiwan with the PRC by force, if perceived as necessary by Beijing, while simultaneously deterring, delaying or denying
PEACEFUL RESOLUTION: A statement issued following a meeting between Australia and Britain reiterated support for Taiwan and opposition to change in the Taiwan Strait Canada should support the peaceful resolution of Taiwan’s destiny according to the will of Taiwanese, Canadian lawmakers said in a resolution marking the second anniversary of that nation’s Indo-Pacific strategy on Monday. The Canadian House of Commons committee on Canada-Chinese relations made the comment as part of 34 recommendations for the new edition of the strategy, adding that Ottawa should back Taiwan’s meaningful participation in international organizations. Canada’s Indo-Pacific Strategy, first published in October 2022, emphasized that the region’s security, trade, human rights, democracy and environmental protection would play a crucial role in shaping Canada’s future. The strategy called for Canada to deepen
TECH CONFERENCE: Input from industry and academic experts can contribute to future policymaking across government agencies, President William Lai said Multifunctional service robots could be the next new area in which Taiwan could play a significant role, given its strengths in chip manufacturing and software design, Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) chairman and chief executive C.C. Wei (魏哲家) said yesterday. “In the past two months, our customers shared a lot of their future plans with me. Artificial intelligence [AI] and AI applications were the most talked about subjects in our conversation,” Wei said in a speech at the National Science and Technology Conference in Taipei. TSMC, the world’s biggest contract chipmaker, counts Nvidia Corp, Advanced Micro Devices Inc, Apple Inc and
LEAP FORWARD: The new tanks are ‘decades more advanced than’ the army’s current fleet and would enable it to compete with China’s tanks, a source said A shipment of 38 US-made M1A2T Abrams tanks — part of a military procurement package from the US — arrived at the Port of Taipei early yesterday. The vehicles are the first batch of 108 tanks and other items that then-US president Donald Trump announced for Taiwan in 2019. The Ministry of National Defense at the time allocated NT$40.5 billion (US$1.25 billion) for the purchase. To accommodate the arrival of the tanks, the port suspended the use of all terminals and storage area machinery from 6pm last night until 7am this morning. The tanks are expected to be deployed at the army’s training