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Ma rules out new US beef negotiations

President Ma Ying-jeou (馬英九) yesterday rejected the possibility of renegotiating the recent pact on importing US beef, saying his administration was more cautious than the former Democratic Progressive Party’s (DPP) government in relaxing restrictions on US beef products.

Emphasizing it was “unnecessary” to relaunch negotiations with Washington, Ma said attempting to renegotiate the protocol would seriously undermine the country’s credibility.

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Next 12 months key for US arms sales: analyst

The next 12 months will be a definitive period for US military sales to Taiwan, with US President Barack Obama having to make some tough decisions that could jeopardize the US’ relations with China, a Washington conference was told.

Bernard Cole, a professor at the National War College, said China was expanding and modernizing its armed forces — from ballistic missiles to submarines — in a clear attempt to “deter and delay” US entry into any military confrontation with Taiwan.

Last Updated ( Friday, 30 October 2009 07:08 ) Read more...
 


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Newsflash

The nation’s financial regulator unexpectedly signed a financial memorandum of understanding (MOU) with Beijing at 6pm via a document exchange yesterday, sealing the much awaited pact.

Financial Supervisory Commission (FSC) chairman Sean Chen (陳冲) announced in the evening that he represented Taiwan in signing the documents — one in traditional Chinese and one in simplified Chinese — with Chinese authorities through a document exchange at 6pm.