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ECFA panders to large corporations at expense of small companies, DPP says

The Democratic Progressive Party (DPP) yesterday assailed the government’s landmark trade deal with China, saying the economic cooperation framework agreement (ECFA) would benefi the interests of larger corporations at the expense of small and medium-sized businesses.

“The [government] has only taken into account the needs of large corporations. It doesn’t care about the damage to small and medium-sized businesses, which will be unable to adapt [to an ECFA],” DPP ECFA response team spokesperson Julian Kuo (郭正亮) told a press conference yesterday.

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Ma hails ‘Taiwan Province’-Texas ties

President Ma Ying-jeou (馬英九) referred to Taiwan as a “province” yesterday while describing the sister-state relationship between Taiwan and Texas, rekindling the controversial issue of his perception of Taiwan’s status.

Ma told Texas Governor Rick Perry during a meeting at the Presidential Office that the country’s relationship with Texas was a close one.

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Newsflash

A recent US Congressional hearing held by US Representative Ileana Ros-Lehtinen on “Why Taiwan Matters” suggests continued US support for Taiwan and that Washington would not abandon Taiwan, Formosa Foundation chief executive Terri Giles said yesterday.

Ros-Lehtinen, who is also chairman of the US House of Representatives’ Foreign Affairs Committee, is planning to organize and invite administration officials to a second congressional hearing on issues concerning Taiwan at the end of the year, Giles said, adding that she hoped the discussion would focus on democracy in Taiwan.

The June 16 hearing held by Ros-Lehtinen before the House Foreign Affairs Committee was the first hearing on Taiwan to be held in Congress in seven years.