Taipei and Beijing are set to hold the second round of negotiations on an economic cooperation framework agreement (ECFA) in Taipei tomorrow and on Thursday, the Straits Exchange Foundation (SEF) said yesterday.
The foundation said in a statement that the Chinese delegation would arrive today. However, there appeared to be some confusion over the location of the meeting.
At 10am, the SEF sent a text message to reporters saying the talks would take place in “Taipei.” This was changed to the “greater Taipei area” in a message sent 16 minutes later.
Taiwan’s delegation will be led by Bureau of Foreign Trade (BFT) Director-General Huang Chih-peng (黃志鵬) and will include department heads of the trade bureau and the SEF, the Mainland Affairs Council, the Financial Advisory Commission and the Industrial Development Bureau.
Xinhua news agency described the meeting as “expert-level talks,” adding that it was to “pave the way for a long-awaited economic deal that is expected to boost cross-strait economic ties.”
The two sides held the first round of negotiations in January. During the second round, talks are expected to focus on the “early harvest” items proposed for traded goods and services. Discussions are also to be held on the draft agreement and arrangements for future negotiations.
Taiwan’s government has said it hoped to sign the trade deal during the first half of this year.
Yang Yi (楊毅), spokesman of China’s Taiwan Affairs Office, told a press conference on March 17 that the two sides should work to complete the pact by June.
Meanwhile, Vice President Vincent Siew (蕭萬長) said signing an ECFA was one of the administration’s top priorities this year. The government also hoped to encourage investment in research and development, economize energy use, cut carbon dioxide emissions and create jobs, he said.
He made the remarks when meeting Standard Chartered Group chairman John Peace at the Presidential Office yesterday morning.
Siew said the economy had bounced back from the bottom and all economic indicators showed signs of a speedy recovery.
He said he had seen no signs that the economy is overheating and that concerns about soaring real estate prices were limited to Taipei City and were not serious.
The administration has predicted the economy will grow 4.72 percent this year.
Siew said the goal was to keep the unemployment rate below 5 percent this year. Unemployment was 2.85 percent in 2000, but the figure jumped to 5.85 percent last year and 5.65 percent last month.
Super Typhoon Kong-rey is the largest cyclone to impact Taiwan in 27 years, the Central Weather Administration (CWA) said today. Kong-rey’s radius of maximum wind (RMW) — the distance between the center of a cyclone and its band of strongest winds — has expanded to 320km, CWA forecaster Chang Chun-yao (張竣堯) said. The last time a typhoon of comparable strength with an RMW larger than 300km made landfall in Taiwan was Typhoon Herb in 1996, he said. Herb made landfall between Keelung and Suao (蘇澳) in Yilan County with an RMW of 350km, Chang said. The weather station in Alishan (阿里山) recorded 1.09m of
STORM’S PATH: Kong-Rey could be the first typhoon to make landfall in Taiwan in November since Gilda in 1967. Taitung-Green Island ferry services have been halted Tropical Storm Kong-rey is forecast to strengthen into a typhoon early today and could make landfall in Taitung County between late Thursday and early Friday, the Central Weather Administration (CWA) said yesterday. As of 2pm yesterday, Kong-Rey was 1,030km east-southeast of Oluanpi (鵝鑾鼻), the nation’s southernmost point, and was moving west at 7kph. The tropical storm was packing maximum sustained winds of 101kph, with gusts of up to 126 kph, CWA data showed. After landing in Taitung, the eye of the storm is forecast to move into the Taiwan Strait through central Taiwan on Friday morning, the agency said. With the storm moving
NO WORK, CLASS: President William Lai urged people in the eastern, southern and northern parts of the country to be on alert, with Typhoon Kong-rey approaching Typhoon Kong-rey is expected to make landfall on Taiwan’s east coast today, with work and classes canceled nationwide. Packing gusts of nearly 300kph, the storm yesterday intensified into a typhoon and was expected to gain even more strength before hitting Taitung County, the US Navy’s Joint Typhoon Warning Center said. The storm is forecast to cross Taiwan’s south, enter the Taiwan Strait and head toward China, the Central Weather Administration (CWA) said. The CWA labeled the storm a “strong typhoon,” the most powerful on its scale. Up to 1.2m of rainfall was expected in mountainous areas of eastern Taiwan and destructive winds are likely
The Central Weather Administration (CWA) yesterday at 5:30pm issued a sea warning for Typhoon Kong-rey as the storm drew closer to the east coast. As of 8pm yesterday, the storm was 670km southeast of Oluanpi (鵝鑾鼻) and traveling northwest at 12kph to 16kph. It was packing maximum sustained winds of 162kph and gusts of up to 198kph, the CWA said. A land warning might be issued this morning for the storm, which is expected to have the strongest impact on Taiwan from tonight to early Friday morning, the agency said. Orchid Island (Lanyu, 蘭嶼) and Green Island (綠島) canceled classes and work
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