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ECFA review consensus reached

The Chinese Nationalist Party (KMT)-dominated legislature is expected to ratify the Economic Cooperation Framework Agreement (ECFA) and amendments to related legislation as early as tomorrow after a consensus on how to review the pact was reached yesterday.

The consensus, pending confirmation at the legislature’s plenary session today, is expected to defuse the possibility of a boycott by Democratic Progressive Party (DPP) lawmakers should they be denied the right to vote on the agreement article by article.

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China paper warns of outmoded PLA military thinking

China’s military thinking is outmoded and should learn from others, especially the US when it comes to modernizing its vast armed forces, a leading armed forces newspaper said yesterday.

A commentary in the People’s Liberation Army Daily said modernizing China’s military was central to reforms which have seen heavy investment in high-tech weapons like advanced fighter jets.

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Newsflash


Association for East Asian Relations Chairman Liao Liou-yi, right, yesterday shakes hands with Interchange Association, Japan Chairman Mitsuo Ohashi as they sign an agreement that defines the two countries’ respective fishing rights near the Diaoyutai Islands at the Taipei Guest House.
Photo: CNA

Taiwan and Japan yesterday inked a fisheries agreement in a bid to end controversies over fishing in waters surrounding the contested Diaoyutai Islands (釣魚台). The agreement includes an escape clause which Taipei said allows both sides to set aside disputes over their competing sovereignty claims.

The agreement assured Taiwanese vessels an intervention-free fishing zone in waters between 27° north latitude and the Sakishima Islands, Okinawa Prefecture, and gave Taiwan an additional fishing zone of 1,400 square nautical miles (4,800km2) outside Taiwan’s temporary enforcement line, government officials said.