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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 (DPP) presidential candidate and party chairperson Tsai Ing-wen (蔡英文) lauded late democratic activist Fu Cheng’s (傅正) life-long contribution to Taiwan at a commemorative event held yesterday to mark the 20th anniversary of his death.

The commemoration took place at Taipei’s Grand Hotel — the site where he and other democracy activists founded the DPP in 1986.

“On Sept. 28, 1986, the DPP was formed at the Grand Hotel. Today, at the same place, we hold a memorial ceremony for one of the party’s funding fathers, democracy activist Fu Cheng,” Tsai said in her speech.