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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


Participants in a protest against the cross-strait service trade agreement and closed-door dealings in the legislature perform a skit on Ketagalan Boulevard in Taipei yesterday.
Photo: Chien Jung-fong, Taipei Times

Without a mechanism to regulate cross-strait negotiation and safeguard local industries, the livelihoods of millions of Taiwanese will be at stake if the government pushes the cross-strait service trade agreement between Taiwan and China through the legislature, hundreds of protesters said yesterday.

“If [the pact] is not screened clause-by-clause, we’ll fight to the very end,” Chen Chih-ming (陳志銘), president of the Kaohsiung Federation of Labor Unions, told protesters, who braved low temperatures and wind to gather in front of the Presidential Office on Ketagalan Boulevard in Taipei.