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Chiang says ECFA signing likely by June

Straits Exchange Foundation (SEF) Chairman Chiang Pin-kung (江丙坤) yesterday said that Taipei and Beijing were likely to sign an economic cooperation framework agreement (ECFA) in June.

As Taipei hopes to ink the proposed pact by the first half of the year, June would be a good time to do so if the SEF and its Chinese counterpart, the Association for Relations Across the Taiwan Strait (ARATS), could wrap up negotiations next month or by May, Chiang said on the sidelines of an event marking the SEF’s 19th anniversary.

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Health minister resigns over premium dispute

Department of Health Minister Yaung Chih-liang (楊志良) tendered his resignation in a shock move yesterday, saying he could not fulfill Premier Wu Den-yih’s (吳敦義) request that 75 percent of the insured be exempted from a proposal to increase national health insurance premiums.

Wu rejected Yaung’s resignation late last night, however. Executive Yuan spokesman Johnny Chiang (江啟臣) said the premier hoped Yaung would stay in the position.

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Newsflash

It is unlikely that China’s threat of “severe consequences” will sway White House plans to sell several billions of dollars in arms to Taiwan early this year, a source close to the White House said.

But the threat made on Tuesday by Beijing’s Foreign Ministry was nevertheless a “cause for concern” among US President Barack Obama’s national security advisers.