Taiwan Tati Cultural and Educational Foundation

 
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Taiwan Tati Cultural and Educational Foundation

Letting the public have its say on policies

The results of US-Taiwan negotiations on beef imports and the government’s subsequent attitudes and actions in dealing with the matter reflect the failings of a political system characterized by one-party rule.

The government ignored the importance of the issue from the start and paid no attention to South Korea’s problems after it allowed US beef to be imported again. Negotiations lasted for 17 months yet lacked communication with the legislature, opposition parties and civic organizations. The government was so arrogant that it did not even consult experts on mad cow disease.

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Misjudging public opinion

Taiwan is not only passive on cross-strait matters, it is at an impasse. Academics from Chinese think tanks made loud calls at a recent seminar in Taiwan for the two sides to begin political talks, while Chinese President Hu Jintao (胡錦濤) proposed launching talks on a peace accord when meeting former Chinese Nationalist Party (KMT) chairman Lien Chan (連戰) at the APEC summit in Singapore.

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The ECFA is the main game

The Financial Supervisory Commission (FSC) said on Thursday that it has drafted amendments to the Regulations Governing Foreign Bank Branches and Representative Offices (外國銀行分行及代表人辦事處設立及管理辦法) and the Rules Governing Offshore Banking Branches (國際金融業務分行管理辦法).

The amendments will take effect after the financial regulator considers industry feedback. Foreign banks will be given a grace period of one year to comply with the requirements.

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Sledging the wrong foreigners

Seminar presentations don’t come any more laughable than this. Zheng Bijian (鄭必堅), a former vice president of the Central Party School of the Chinese Communist Party (CCP), yesterday repaid his Taiwanese hosts’ hospitality with a lecture on how aspirations for Taiwanese independence would fade amid longing for improved cross-strait relations.

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Page 1421 of 1489

Newsflash

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.