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US beef arriving in a week's time: official

The first batch of US beef exports under a relaxed ban is likely to arrive in Taiwan within a week after the US Department of Agriculture (USDA) issued Quality System Assessment (QSA) certificates to qualified suppliers, a Ministry of Economic Affairs official said yesterday.

While the new QSA regulations stipulate that both boneless and bone-in beef from cattle less than 30 months of age slaughtered on or after Nov. 2 can be exported to Taiwan, only boneless beef from cattle slaughtered before that date can be exported to Taiwan.

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Financial MOU to be inked soon: Wu

A memorandum of understanding (MOU) on financial supervisory cooperation between Taiwan and China could be signed next week at the earliest, Premier Wu Den-yih (吳敦義) said in an interview with the Central News Agency (CNA) yesterday.

Signing the MOU is a “necessity” for Taiwan and China because it would be beneficial to cross-strait cooperation in the financial sector, Wu said, adding that there was “no doubt about that.”

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Newsflash

A new resolution calling for continued operations by the US military to support freedom of navigation in the Taiwan Strait has been introduced in the US House of Representatives. It also supports freedom of navigation rights in the South China Sea, the East China Sea and the Yellow Sea.

Sponsored by US Representative Ileana Ros-Lehtinen, chairwoman of the House Foreign Affairs Committee, and supported by 18 Republicans and nine Democrats, it calls for a “peaceful and collaborative resolution of maritime territorial disputes in the South China Sea and its environs and other maritime areas adjacent to the East Asian mainland.”