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US-Taiwan FTA moving up list

The US Congress is expected to consider a new proposal for a free-trade agreement (FTA) with Taiwan this year, a US-based organization has said.

While it remains unlikely that a bill will pass this year, the tactic is to create enough momentum to give it a fighting chance next year.

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Stand up to China, think tank urges

The Taiwan Thinktank yesterday urged political parties to pay attention to China’s democratic development and refrain from falling into an “economic diplomacy” trap, which it said has replaced human rights with money power.

In a report published yesterday, the think tank said China has launched “global economic diplomacy” in the attempt to expand its global domination. It has increased its investment in the eurozone and hopes to salvage the European economy and has done the same in Africa in a bid to expand its influence on that continent.

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Newsflash

The US should amend a law to add Taiwan to the list of “NATO Plus” allies and streamline future arms sales, a US commission said on Tuesday in its annual report to the US Congress.

The recommendation was made in the annual report by the US-China Economic and Security Review Commission (USCC), which contained chapters on US-China economic and trade ties, security relations, and Taiwan and Hong Kong.

In the chapter on Taiwan, the commission urged the US Congress to “amend the Arms Export Control Act of 1976 to include Taiwan on the list of ‘NATO Plus’ recipients,” referring to a designation held by South Korea, Japan, Australia, Israel and New Zealand.