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Taiwan, Singapore sign free-trade pact


Minister of Economic Affairs Chang Chia-juch, second left, and Minister of Foreign Affairs David Lin, right, hold a news conference in Taipei after Taiwan and Singapore signed a free-trade agreement in Singapore earlier yesterday.
Photo: Pichi Chuang, Reuters

Taiwan yesterday signed a far-reaching free-trade agreement (FTA) with Singapore — the first of its kind with a Southeast Asian country — in a move the government said would boost the nation’s efforts to pursue further economic engagement with trading partners bilaterally and multilaterally.

“This is a milestone achievement for Taiwan’s progress toward economic liberalization and our participation in regional economic integration,” Minister of Economic Affairs Chang Chia-juch (張家祝) told a press conference at 11am in Taipei.

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Translation may become tool for China

The inclusion of the translation industry in the controversial cross-strait service trade agreement could allow China to dominate Taiwan’s linguistic development and pave the way for its cultural assimilation, Taiwan Democracy Watch secretary-general Chen Kuan-yu (陳冠宇) said yesterday.

Chen issued the warning following the conclusion of the Ninth Cross-Strait Economic, Trade and Culture Forum on Oct. 27, during which representatives from the Chinese Nationalist Party (KMT) and the Chinese Communist Party called for the pact’s speedy passage and implementation.

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Newsflash

Stressing the geostrategic importance of Taiwan to the region, Columbia University political science professor Andrew Nathan, an expert on Chinese politics, said yesterday in Taipei that he was “rather pessimistic” about China’s growing sway over Taiwan through closer cross-strait economic integration.

As economic ties between Taiwan and China grow, it makes Taiwan “more vulnerable to Chinese influence,” Nathan said in Mandarin at the launch of the Chinese-language edition of his book China’s Search for Security.