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Japan’s opposition calls for closer ties with Taiwan, FTA

A high-ranking politician in Japan’s main opposition party yesterday called for closer Japan-Taiwan relations and bilateral free-trade agreement (FTA) negotiations.

Speaking at the Commonwealth Economic Forum in Taipei organized by Commonwealth Magazine with the theme of “The Rise of New Asia: Asia’s Conflicts, Growth and the New Future,” Yuriko Koike, chairwoman of the General Council under the Liberal Democratic Party, also said a strong Japan-US relationship would serve Taiwan’s interests.

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Economic policy is flawed: think tank

Taiwan Brain Trust yesterday said it would not oppose the Economic Cooperation Framework Agreement (ECFA) as long as Beijing did not prevent Taiwan from signing free-trade agreements (FTA) with other major trading partners. However, it criticized the government’s economic policy — and its reliance on China — as flawed and misguided.

The trust’s chairman, former vice premier Wu Rong-i (吳榮義), said China represented about 70 percent of the nation’s total overseas investment, while 42 percent of Taiwan’s exports went to China and Hong Kong, making Taiwan economically vulnerable via-a-vis China.

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Newsflash


Democratic Progressive Party Chairman Su Tseng-chang adjusts a microphone yesterday prior to the first meeting of the party’s nine-member China Affairs Committee in Taipei.
Photo: Lo Pei-Der, Taipei Times

The Democratic Progressive Party (DPP) took the first step toward the formulation of its cross-strait policy as its nine-member China Affairs Committee held its first meeting yesterday in the face of mounting cross-strait challenges.

“Almost every member of the committee agreed that the DPP’s core values have withstood the test of time and changing political situation. Discussions over strategic options and substantial policies are what this committee has to accomplish in the future,” committee spokesperson Cheng Wen-tsan (鄭文燦) told a press conference.