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TIFA trade talks return after five years


From left, Deputy Minister of Economic Affairs Chen Chern-chyi, Minister Without Portfolio John Deng, Executive Yuan spokesman Lo Ping-cheng, Office of Trade Negotiations Deputy Trade Representative Yang Jen-ni and Deputy Minister of Health and Welfare Hsueh Jui-yuan attend a news conference in Taipei yesterday after the 11th Trade and Investment Framework Agreement trade talks between Taiwan and the US.
Photo courtesy of Executive Yuan

After a five-year hiatus, the 11th Trade and Investment Framework Agreement (TIFA) trade talks between Taiwan and the US yesterday began with a virtual meeting, with the two sides agreeing to hold more “working groups” and to discuss a number of topics throughout the year to consolidate bilateral trade relations, government officials said.

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Nation eyes Moderna production


The National Health Research Institutes in Nangang District, Taipei, is pictured yesterday.
Photo: Cheng Ming-hsiang, Taipei Times

The National Health Research Institutes is reportedly preparing to initiate talks with Moderna Inc for authorization to manufacture its COVID-19 vaccine in Taiwan, a local magazine said yesterday.

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Newsflash


Chinese Nationalist Party (KMT) Taipei City Councilor Lai Su-ju, second right, arrives for questioning in connection with a corruption investigation at the Taipei District Prosecutors’ Office on Wednesday evening.
Photo: CNA

The Taipei Prosecutors’ Office yesterday sought the court’s permission to detain a Chinese Nationalist Party (KMT) Taipei City councilor known for her close ties to President Ma Ying-jeou (馬英九), on suspicion of accepting bribes in the bidding process for the Taipei Twin Towers project.

Lai Su-ju (賴素如), a lawyer and former KMT spokeswoman who now runs Ma’s KMT chairman’s office, was accused of promising to help a multinational consortium win the bid for the project in exchange for NT$10 million (US$334,520).