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Taiwan Tati Cultural and Educational Foundation

Sign an investment treaty with the US, economist says

Economist Derek Scissors is urging Taiwan to diversify its international investment portfolio and seek a bilateral investment treaty with the US.

Scissors, a research fellow with the Asian Studies Center at the Washington-based Heritage Foundation, says that the US and Taiwan have an extraordinarily intense trading relationship.

With a population of 23 million, Taiwan is the US’ ninth-largest trading partner. However, excluding the microstates, it is actually the US’ third-largest trading nation on a “per person” basis.

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Nuclear waste cannot be ignored

Questions have been raised again about the safety of the Fourth Nuclear Power Plant, which is still under construction. The Atomic Energy Council asked Taiwan Power Co (Taipower) to provide a list by the end of the year of the structural changes it will make to ensure safe operations at the plant, following the release of a paper by a nuclear engineer and adviser to the council that highlights construction flaws.

However, of even greater concern than the proposed start-up of the fourth plant in 2014 is that Taiwan has almost run out of space to store the nuclear waste that has been produced since the nation’s first three plants became operational. And the government has almost no feasible options for new containment sites.

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‘Journal’ editorial warns Obama not to appease China by withholding jets

As China intensifies its campaign to stop US President Barack Obama from selling F-16C/D aircraft to Taiwan, some friends of Taipei are hitting back.

The Wall Street Journal has published an editorial on its Web site, warning Obama not to appease Beijing.

It says that Beijing is “lobbying furiously” against the F-16 deal and that if the US administration gives in “China will conclude it can intimidate the US from assisting its allies.”

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To be or not to be Taiwanese or Chinese

President Ma Ying-jeou (馬英九) is in full electioneering mode, focusing on the issue of national identity and saying in Chinese, “I am Taiwanese.”

One can imagine his soul shrieking as he uttered those words, but when he said it in English he chose not to use the word “Formosan” or the word that came into common usage in the 1960s, “Taiwanese.”

Instead he declared himself to be an “R.O.C.er,” an invented phrase that is neither here nor there, a play on Republic of China (ROC), which could also be pronounced like “rocker.”

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Newsflash

A demonstrator holds up a burning Chinese flag in protest against the cross-strait talks being held at the Windsor Hotel in Taichung yesterday. Negotiators from China and Taiwan met for the fourth round of trade talks and signed three pacts.
PHOTO: REUTERS

Taipei and Beijing yesterday signed three agreements and agreed to place the economic cooperation framework agreement (ECFA) on the agenda at the next round of cross-strait talks next year.

The deals signed yesterday — on the fishing industry, quality checks of agricultural products, and standardizing inspections and certification — bring to 12 the number of pacts inked by the two sides since President Ma Ying-jeou (馬英九) assumed power in Taiwan in May last year.