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Committee freezes KMT bank account


Ill-gotten Party Assets Settlement Committee Chairman Wellington Koo, right, speaks at a news conference in Taipei yesterday.
Photo: Chien Jung-fong, Taipei Times

The Ill-gotten Party Assets Settlement Committee yesterday said it froze a bank account of the Chinese Nationalist Party (KMT) over the issuance of 10 checks worth a collective NT$520 million (US$16.54 million) immediately after a law was promulgated prohibiting political parties from disposing of assets presumed to have been obtained illegally.

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Group marches in New York for UN bid


Hundreds of US-based Taiwanese and supporters march in New York City on Saturday, calling for Taiwan UN membership ahead of the 71st session of the UN General Assembly.
Photo: CNA

Hundreds of Taiwanese living in the US on Saturday joined a Taiwanese delegation in a march in New York City, calling for Taiwan to be granted UN membership ahead of the 71st session of the UN General Assembly that begins tomorrow.

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Newsflash

A staffer arranges beef products in a supermarket in Taipei yesterday.
PHOTO: PICHI CHUANG, REUTERS

The American Chamber of Commerce in Taipei (AmCham) yesterday called on Taipei and Washington to resume the long-stalled Trade and Investment Framework Agreement (TIFA) talks now that the controversial issue of Taiwan's restrictions on US beef imports has been resolved.

In a statement issued yesterday, AmCham welcomed the announcement that Taipei and Washington had reached agreement on a protocol on the liberalization of imports of US beef products into Taiwan.