Taiwan has submitted an application to join a Pacific trade deal, just days after China sent its own request to become a member of the agreement that was once pushed by Washington as a way to isolate Beijing and solidify US dominance in the region.
The Taiwanese application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) was sent to New Zealand, with a public announcement scheduled for as soon as this morning, a person familiar with the situation said.
New Zealand is the depositary nation for the deal, and is to forward the application to the other 10 nations.
Photo: CNA
The New Zealand Ministry of Foreign Affairs did not reply to an e-mail requesting comment.
Deputy Minister of Economic Affairs Chen Chern-chyi (陳正祺) yesterday confirmed the Bloomberg report, saying that Minister of Economic Affairs Wang Mei-hua (王美花) would make a public announcement this morning, the Central News Agency reported.
Taiwan has free-trade deals with two of the members — New Zealand and Singapore — and has been working toward joining the trade agreement for years, with President Tsai Ing-wen (蔡英文) making it a key goal for her final term in office.
However, China opposes any move to deal openly with Taiwan, which would make discussions between Beijing, Taipei and the 11 member nations difficult.
Tsai’s government has made building support among democratic allies in the region a crucial part of its efforts to counter rising pressure from Beijing.
This has included closer ties with CPTPP members such as Australia, which is in the midst of a trade dispute with China, and Japan, which is a key trading partner and the largest economy in the CPTPP.
Last month, lawmakers from Japan’s ruling party backed Taiwan’s entry into the deal.
The Taipei MRT is open all night tonight following New Year’s Eve festivities, and is offering free rides from nearby Green Line stations. Taipei’s 2025 New Year’s Eve celebrations kick off at Taipei City Hall Square tonight, with performances from the boy band Energy, the South Korean girl group Apink, and singers Gigi Leung (梁詠琪) and Faith Yang (楊乃文). Taipei 101’s annual New Year’s firework display follows at midnight, themed around Taiwan’s Premier12 baseball championship. Estimates say there will be about 200,000 people in attendance, which is more than usual as this year’s celebrations overlap with A-mei’s (張惠妹) concert at Taipei Dome. There are
NEW YEAR’S ADDRESS: ‘No matter what threats and challenges Taiwan faces, democracy is the only path,’ William Lai said, urging progress ‘without looking back’ President William Lai (賴清德) yesterday urged parties across the political divide to democratically resolve conflicts that have plagued domestic politics within Taiwan’s constitutional system. In his first New Year’s Day address since becoming president on May 20 last year, Lai touched on several issues, including economic and security challenges, but a key emphasis was on the partisan wrangling that has characterized his first seven months in office. Taiwan has transformed from authoritarianism into today’s democracy and that democracy is the future, Lai said. “No matter what threats and challenges Taiwan faces, democracy is the only path for Taiwan,” he said. “The only choice
CORRUPTION: Twelve other people were convicted on charges related to giving illegal benefits, forgery and money laundering, with sentences ranging from one to five years The Yilan District Court yesterday found Yilan County Commissioner Lin Zi-miao (林姿妙) guilty of corruption, sentencing her to 12 years and six months in prison. The Yilan District Prosecutors’ Office in 2022 indicted 10 government officials and five private individuals, including Lin, her daughter and a landowner. Lin was accused of giving illegal favors estimated to be worth NT$2.4 million (US$73,213) in exchange for using a property to conduct activities linked to the 2020 Chinese Nationalist Party (KMT) presidential and legislative election campaigns. Those favors included exempting some property and construction firms from land taxes and building code contraventions that would have required
TECH CORRIDOR: Technology centers and science parks in the south would be linked, bolstering the AI, semiconductor, biotech, drone, space and smart agriculture industries The Executive Yuan yesterday approved a “Southern Silicon Valley” project to promote the development of an artificial intelligence (AI) and semiconductor industry in Chiayi County, Tainan, Pingtung County and Kaohsiung. The plan would build an integrated “S-shaped semiconductor industry corridor” that links technology centers and science parks in the south, Executive Yuan spokesperson Michelle Lee (李慧芝) said yesterday after a Cabinet meeting. The project would bolster the AI, semiconductor, biotech, drone, space and smart agriculture industries, she said. The proposed tech corridor would be supported by government efforts to furnish computing power, workforce, supply chains and policy measures that encourage application and integration