President Ma Ying-jeou (馬英九) yesterday dismissed widespread accusations that the handling of the cross-strait service trade agreement lacked transparency, adding that it had undergone full scrutiny before and after it was sent to the legislature for review.
“Apart from 20 public hearings and 111 meetings held by the government to help the public gain an understanding of the agreement, 144 briefings were also held to allow more than 7,900 people to discuss and exchange views about it,” Ma said in his capacity as chairman of the Chinese Nationalist Party (KMT) at a KMT Central Standing Committee meeting.
“This is the first time in the Legislative Yuan’s history that 20 public hearings have been held to clarify the public’s misgivings about a bill, so how can they accuse it of lacking transparency following such a strict review process, especially as lawmakers are now prepared to conduct a clause-by-clause review?” Ma asked after a keynote speech by Minister of Economic Affairs Chang Chia-juch (張家祝) at the meeting.
Taiwan and China signed the service trade pact in June last year, with the two sides agreeing to open each other’s service sectors to the other.
However, clashes erupted in the Legislative Yuan on March 17 after KMT lawmakers forced the pact through a committee review for a legislative floor vote, leading to an ongoing occupation of the legislature’s main chamber by protesters, mostly college students.
The protesting students have demanded a public face-to-face discussion of the pact with the president and that a law be drawn up to monitor the signing of future agreements with China ahead of a review of the service trade pact in the Legislative Yuan.
In an effort to break the impasse in the Legislative Yuan, Ma agreed on Tuesday to meet student representatives. However, the students said that Ma has not showed “enough goodwill.”
Meanwhile, Legislative Speaker Wang Jin-pyng (王金平), who presided over two rounds of talks between KMT and Democratic Progressive Party lawmakers, said yesterday that he would wait for a meeting between Ma and protest leaders before mediating another legislative session.
CRITICAL MOVE: TSMC’s plan to invest another US$100 billion in US chipmaking would boost Taiwan’s competitive edge in the global market, the premier said The government would ensure that the most advanced chipmaking technology stays in Taiwan while assisting Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) in investing overseas, the Presidential Office said yesterday. The statement follows a joint announcement by the world’s largest contract chipmaker and US President Donald Trump on Monday that TSMC would invest an additional US$100 billion over the next four years to expand its semiconductor manufacturing operations in the US, which would include construction of three new chip fabrication plants, two advanced packaging facilities, and a research and development center. The government knew about the deal in advance and would assist, Presidential
‘DANGEROUS GAME’: Legislative Yuan budget cuts have already become a point of discussion for Democrats and Republicans in Washington, Elbridge Colby said Taiwan’s fall to China “would be a disaster for American interests” and Taipei must raise defense spending to deter Beijing, US President Donald Trump’s pick to lead Pentagon policy, Elbridge Colby, said on Tuesday during his US Senate confirmation hearing. The nominee for US undersecretary of defense for policy told the Armed Services Committee that Washington needs to motivate Taiwan to avoid a conflict with China and that he is “profoundly disturbed” about its perceived reluctance to raise defense spending closer to 10 percent of GDP. Colby, a China hawk who also served in the Pentagon in Trump’s first team,
SEPARATE: The MAC rebutted Beijing’s claim that Taiwan is China’s province, asserting that UN Resolution 2758 neither mentions Taiwan nor grants the PRC authority over it The “status quo” of democratic Taiwan and autocratic China not belonging to each other has long been recognized by the international community, the Mainland Affairs Council (MAC) said yesterday in its rebuttal of Beijing’s claim that Taiwan can only be represented in the UN as “Taiwan, Province of China.” Chinese Minister of Foreign Affairs Wang Yi (王毅) yesterday at a news conference of the third session at the 14th National People’s Congress said that Taiwan can only be referred to as “Taiwan, Province of China” at the UN. Taiwan is an inseparable part of Chinese territory, which is not only history but
INVESTMENT WATCH: The US activity would not affect the firm’s investment in Taiwan, where 11 production lines would likely be completed this year, C.C. Wei said Investments by Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) in the US should not be a cause for concern, but rather seen as the moment that the company and Taiwan stepped into the global spotlight, President William Lai (賴清德) told a news conference at the Presidential Office in Taipei yesterday alongside TSMC chairman and chief executive officer C.C. Wei (魏哲家). Wei and US President Donald Trump in Washington on Monday announced plans to invest US$100 billion in the US to build three advanced foundries, two packaging plants, and a research and development center, after Trump threatened to slap tariffs on chips made