Singaporean Prime Minister Lee Hsien Loong (李顯龍) said more Asian nations will be inclined to forge trade pacts with Taiwan if it secures such a deal with his city-state first, local media said yesterday.
Lee, in an interview with the Chinese-language China Times, said the two sides hope to sort out details for the planned deal within “the next few months.”
Taiwan and Singapore announced in July that they would hold talks later this year on a trade agreement, the first such negotiations since Taipei sealed a major trade deal with China.
“Our selling point is that if [Taiwan] has cooperation with Singapore, other countries will ponder hard: ‘If Singapore is doing this, are we going to lag behind if we are not following?’” he said.
Lee said Singapore, a leading member of ASEAN, was ahead of other nations in the bloc in signing trade deals with major economies such as the US and Japan.
However, the pact issue was still “sensitive” for Taiwan despite its warming ties with China, he said.
Taiwan “has to ensure that cross-strait ties are not affected when it walks out [onto the international stage]. I believe Taiwan will carefully consider this factor,” Lee said, adding that Beijing is keeping an eye on the matter.
Taiwan has free-trade agreements with Panama, Guatemala and Nicaragua and has been pushing to forge tie-ups with other major trading partners. Such talks were bogged down, largely due to pressure from Beijing.
Singapore is Taiwan’s sixth-largest trading partner.
Trips for more than 100,000 international and domestic air travelers could be disrupted as China launches a military exercise around Taiwan today, Taiwan’s Civil Aviation Administration (CAA) said yesterday. The exercise could affect nearly 900 flights scheduled to enter the Taipei Flight Information Region (FIR) during the exercise window, it added. A notice issued by the Chinese Civil Aviation Administration showed there would be seven temporary zones around the Taiwan Strait which would be used for live-fire exercises, lasting from 8am to 6pm today. All aircraft are prohibited from entering during exercise, it says. Taipei FIR has 14 international air routes and
Taiwan lacks effective and cost-efficient armaments to intercept rockets, making the planned “T-Dome” interception system necessary, two experts said on Tuesday. The concerns were raised after China’s military fired two waves of rockets during live-fire drills around Taiwan on Tuesday, part of two-day exercises code-named “Justice Mission 2025.” The first wave involved 17 rockets launched at 9am from Pingtan in China’s Fujian Province, according to Lieutenant General Hsieh Jih-sheng (謝日升) of the Office of the Deputy Chief of the General Staff for Intelligence at the Ministry of National Defense. Those rockets landed 70 nautical miles (129.6km) northeast of Keelung without flying over Taiwan,
City buses in Taipei and New Taipei City, as well as the Taipei MRT, would on Saturday begin accepting QR code payments from five electronic payment providers, the Taipei Department of Transportation said yesterday. The new option would allow passengers to use the “transportation QR code” feature from EasyWallet, iPass Money, iCash Pay, Jkopay or PXPay Plus. Passengers should open their preferred electronic payment app, select the “transportation code” — not the regular payment code — unlock it, and scan the code at ticket readers or gates, General Planning Division Director-General Liu Kuo-chu (劉國著) said. People should move through the
The Ministry of National Defense (MND) today released images of the military tracking China’s People's Liberation Army (PLA) movements during the latest round of Chinese drills around Taiwan. The PLA began "Justice Mission 2025" drills today, carrying out live-fire drills, simulated strikes on land and maritime targets, and exercises to blockade the nation's main ports. The exercises are to continue tomorrow, with the PLA announcing sea and air space restrictions for five zones around Taiwan for 10 hours starting from 8:30am. The ministry today released images showing a Chinese J-16 fighter jet tracked by a F-16V Block 20 jet and the
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