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Taipei inks financial MOU with China

The nation’s financial regulator unexpectedly signed a financial memorandum of understanding (MOU) with Beijing at 6pm via a document exchange yesterday, sealing the much awaited pact.

Financial Supervisory Commission (FSC) chairman Sean Chen (陳冲) announced in the evening that he represented Taiwan in signing the documents — one in traditional Chinese and one in simplified Chinese — with Chinese authorities through a document exchange at 6pm.

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Foreign academics urge Ma to seek public consensus

President Ma Ying-jeou (馬英九) must seek public consensus on the development of cross-strait ties as Taipei-Beijing relations spread into more political areas, some European experts on cross-strait affairs said in interviews with the Taipei Times.

Dafydd Fell, senior lecturer of the department of political and international studies at the School of Oriental and African Studies (SOAS), University of London, said Ma needs to be very cautious on the pace of liberalizing cross-strait relations.

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Newsflash

Straits Exchange Foundation (SEF) Chairman Chiang Pin-kung (江丙坤) yesterday urged the public to look at the upcoming cross-strait talks with an open mind, adding that he would conduct all negotiations under the principle that Taiwan is the focus and that the interests of the public come first.

Chiang said he hoped the Chinese people and the international community would see Taiwan’s democracy and rationality during exchanges between the SEF and its Chinese counterpart, the Association for Relations Across the Taiwan Strait (ARATS).