Taiwan and Canada have signed a mutual recognition arrangement on authorized economic operators (AEOs) to facilitate bilateral trade, according to the Customs Administration.
The AEO arrangement was inked between Representative to Canada Harry Tseng (曾厚仁) and Canadian Trade Office in Taipei Executive Director Jim Nickel during the Canada-Taiwan Economic Consultations in Taipei on Thursday, the agency said in a statement.
An AEO is defined by the World Customs Organization (WCO) as parties involved in the international movement of goods which have been approved by a national customs administration as complying with WCO or equivalent supply chain security standards.
Photo: Screen grab from the Customs Administration’s Web site
The pact represents a new milestone in the cooperation between the customs authorities of both countries, the agency said.
Taiwan is Canada’s sixth-largest trading partner in Asia, with bilateral annual trade value averaging more than US$5 billion in the past three years, it added.
Through this arrangement, Taiwanese and Canadian exporters that have AEO status would have access to facilitated customs clearances at their respective borders, thereby bringing substantial economic benefits to both countries, the agency said.
The nation began implementing the AEO program in December 2009 and 952 AEOs had been certified as of Nov. 30, which is comprised of 421 safety and security AEOs, and 531 general AEOs, it said, adding that the import and export values account for about 50 percent of Taiwan’s total trade value.
Taiwan has reached similar arrangements with the US, Singapore, Israel, South Korea, Australia, Japan, India, New Zealand and Guatemala.
Actor Darren Wang (王大陸) was questioned by prosecutors for allegedly orchestrating an attack on a taxi driver after he was allegedly driven on a longer than necessary route in a car he disliked. The questioning at the New Taipei City District Prosecutors’ Office was ongoing as of press time last night. Police have recommended charges of attempted murder. The legally embattled actor — known for his role in the coming-of-age film Our Times (我的少女時代) — is under a separate investigation for allegedly using fake medical documents to evade mandatory military service. According to local media reports, police said Wang earlier last year ordered a
CAUTION: Based on intelligence from the nation’s security agencies, MOFA has cautioned Taiwanese travelers about heightened safety risks in China-friendly countries The Ministry of Foreign Affairs (MOFA) yesterday urged Taiwanese to be aware of their safety when traveling abroad, especially in countries that are friendly to China. China in June last year issued 22 guidelines that allow its courts to try in absentia and sentence to death so-called “diehard” Taiwanese independence activists, even though Chinese courts have no jurisdiction in Taiwan. Late last month, a senior Chinese official gave closed-door instructions to state security units to implement the guidelines in countries friendly to China, a government memo and a senior Taiwan security official said, based on information gathered by Taiwan’s intelligence agency. The
President William Lai (賴清德) should protect Taiwan Semiconductor Manufacturing Co (TSMC), and stop supporting domestic strife and discord, former president Ma Ying-jeou (馬英九) wrote on Facebook yesterday. US President Donald Trump and TSMC on Monday jointly announced that the company would invest an additional US$100 billion over the next few years to expand its semiconductor manufacturing operations in the US. The TSMC plans have promoted concern in Taiwan that it would effectively lead to the chipmaking giant becoming Americanized. The Lai administration lacks tangible policies to address concerns that Taiwan might follow in Ukraine’s footsteps, Ma wrote. Instead, it seems to think it could
Taiwan Semiconductor Manufacturing Co (TSMC), the world’s largest contract chipmaker, said yesterday that it is looking to hire 8,000 people this year, at a time when the tech giant is expanding production capacity to maintain its lead over competitors. To attract talent, TSMC would launch a large-scale recruitment campaign on campuses across Taiwan, where a newly recruited engineer with a master’s degree could expect to receive an average salary of NT$2.2 million (US$60,912), which is much higher than the 2023 national average of NT$709,000 for those in the same category, according to government statistics. TSMC, which accounted for more than 60 percent
RSS