The cross-strait service trade agreement is part of President Ma Ying-jeou’s (馬英九) “triangle policy” toward eventual unification with China and should not have been signed, a pro-independence advocacy group said yesterday.
“We believe that the agreement, along with the ‘one China’ principle, and a meeting between Ma and Chinese President Xi Jinping (習近平), form a triangle policy of Ma’s goal of eventual unification,” former presidential advisor Huang Tien-ling (黃天麟) wrote in a booklet published by the Taiwan Society.
A collection of several academic works, the booklet titled Crisis of the service trade agreement — a modern-day Trojan horse was officially launched yesterday at a press conference.
Photo: Wang Min-wei, Taipei Times
Breaking down the agreement into how it affects the economy, society, national security, democracy and institutionalized negotiations, the authors conclude that the pact is more of a political agreement than an economic one.
The cross-strait service trade agreement, which was signed in June, has touched upon the core aspect of the nation’s industries under the common market structure laid out in the Economic Cooperation Framework Agreement (ECFA) signed in 2009, and it could further tie the nation’s economy to the Chinese economy and have a devastating effect on small and medium-sized businesses, Huang said.
“Beijing’s strategy of reunification by trade is an open secret, which is why discussion of the agreement without a political deliberation would be foolish,” Huang said.
The agreement, which is due to be screened clause-by-clause in the legislature, was controversial due to the opaque way it was signed and the scale of its negative impacts on various local sectors of the service industry, in particular banking, retail and agriculture.
Closer cross-strait banking integration could cause a financial crisis if loans to Chinese end up as bad debts, National Taipei University professor Wang To-far (王塗發) told the press conference.
Once the trade in goods agreement is signed by the end of this year, Chinese investors would be able to dictate Taiwan’s retail market and integrate supply, wholesale and retail, retired National Taiwan University professor Kenneth Lin (林向愷) said.
The agricultural sector would face the same situation if the current ban on certain Chinese agricultural products is lifted, Lin added.
Taiwanese could risk being extradited to China when traveling in countries with close ties to Beijing, Taiwan Association of University Professors deputy chairman Chen Li-fu (陳俐甫) said on Friday. Chen’s comments came after China on Friday last week announced new judicial guidelines targeting Taiwanese independence advocates. Myanmar, Cambodia, Laos and Djibouti are among the countries where Taiwanese could risk being extradited to China, he said. The Mainland Affairs Council (MAC) on Thursday elevated the travel alert for China, Hong Kong and Macau to “orange” after Beijing announced its guidelines to “severely punish Taiwanese independence diehards for splitting the country and inciting secession.” Extradition treaties
Taiwan and Thailand have signed an agreement to promote and protect bilateral investment and trade, the Executive Yuan’s Office of Trade Negotiations (OTN) said on Friday. The agreement on “Promotion and Protection of Investments” was signed by Representative to Thailand Chang Chun-fu (張俊福) and Thailand Trade and Economic Office in Taipei executive director Narong Boonsatheanwong on Thursday, the OTN said in a news release. Thailand has become the fifth trading partner to sign an investment agreement with Taiwan since 2016, following earlier agreements with the Philippines, India, Vietnam and Canada, the OTN said. The deal marks a significant milestone in the development of
The entire Alishan Forest Railway line is to reopen for the first time in 15 years on Saturday, with tickets to go on sale at 2pm today. The historic railway from Chiayi to Alishan (阿里山) is finally set to reopen after the completion of the final No. 42 tunnel, Alishan Forest Railway and Cultural Heritage Office Deputy Director-General Chou Heng-kai (周恆凱) said. It is to run on a new timetable, with four trains daily, he said. The 9am train is to depart from Chiayi Railway Station bound for Shizilu Station (十字路), while the 10am train departing from Chiayi is to go all the
CROSS-BORDER CRIME: The suspects cannot be charged with cybercrime in Indonesia as their targets were in Malaysia, an Indonesian immigration director said Indonesian immigration authorities have detained 103 Taiwanese after a raid at a villa on Bali, officials said yesterday. They were accused of misusing their visas and residence permits, and are suspected of possible cybercrimes, Safar Muhammad Godam, director of immigration supervision and enforcement at the Indonesian Ministry of Law and Human Rights told reporters at a news conference. “The 103 foreign nationals stayed at the villa and conducted suspicious activities, which we suspect are activities related to cybercrime activities,” he said, presenting laptops and routers at the news conference. Godam said Indonesian authorities cannot charge them with conducting cybercrime. “During the inspection, we