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Taiwan Tati Cultural and Educational Foundation

Taiwan arms no reason to harm US-China ties: Gates

US Secretary of Defense Robert Gates yesterday chided China for suspending military ties over US arms sales to Taiwan, saying Beijing’s stance “makes little sense.”

Renewing his call for stronger relations between the Chinese and US militaries, Gates said such a dialogue should not be “held hostage” over the weapons sales.

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Opposition vows ‘10-year’ ECFA fight

Opposition parties yesterday vowed to begin a “10-year resistance” against the government’s plan to sign an economic cooperation framework agreement (ECFA) with China, including organizing large-scale protests calling for a referendum on the controversial pact.

The Executive Yuan’s Referendum Review Committee on Thursday night voted 12-4 against an opposition-supported referendum proposal asking voters whether they agreed that the government should sign an ECFA with China. The committee said the question did not fall under what was allowed under the Referendum Act (公民投票法).

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Referendum is a needed tool for our democracy

On Thursday, the Cabinet’s Referendum Review Committee rejected a referendum proposal on an economic cooperation framework agreement (ECFA). After some media outlets and members of the public had directed strong attacks against a referendum, many members of the Referendum Review Committee also raised doubts over the issue, resulting in the expectation by many that the proposal would be rejected.

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Taiwan must not repeat Greek debt crisis

Taiwan took a step toward replicating the Greek debt crisis earlier this week when the Legislative Yuan's fiscal affairs committee recently approved revisions to the Public Debt Law that will hike debt ceilings for special municipal and local governments.

According to the draft revisions approved by the committee, the future five special municipalities, including Taipei, Sinbei, Taichung, Tainan and Kaohsiung, will be able to raise a total of public debt up to 200 percent of their annual expenditures while the remaining city and county governments will have their public debt ceilings lifted from the current 45 percent to 70 percent.

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Page 1385 of 1529

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.