Premier Sean Chen rebutted Friday speculations that the free trade talks between Taiwan and Singapore have been delayed, saying they are in progress.
Four major hypermarkets in Taiwan have been making efforts to reassure consumers about the safety of their beef products, amid speculations that Taiwan may be preparing to lift its ban on US beef imports that contain residues of the feed additive ractopamine in order to facilitate trade talks
An association of hog growers threatened Friday to mobilize its members in protest outside the Presidential Office if the government buckles under pressure and allows the entry of US beef imports containing a banned leanness-enhancing drug.
The Economic Cooperation Framework Agreement (ECFA) signed between Taiwan and China has received positive feedback from the international community and has helped advance the country’s international image and development, said a Mainland Affairs Council (MAC) official Thursday.
Fast-tracking free trade agreement negotiations with Taiwan’s major partners will be a top priority for the Ministry of Economic Affairs, MOEA Minister Shih Yen-shiang said Feb. 1.
US President Barack Obama’s promotion of the Trans-Pacific Partnership multilateral free trade agreement, put forward in November at the Asia-Pacific Economic Cooperation meeting in Hawaii, is seen as a strategic tool to drive a wedge between the US and its Asia-Pacific friends on one side and China on the other.
Highlighting its determination to enhance trade ties with foreign partners, the Ministry of Economic Affairs yesterday announced that Taiwan and Israel had reached a consensus over the establishment of a working group to study the feasibility of signing a free-trade agreement (FTA) by 2013.
Taiwan and New Zealand are taking the next step in their efforts to sign a bilateral economic cooperation agreement (ECA), moving now to a second feasibility study
The legislature yesterday approved an amendment to the appendix of the Taiwan-Panama free-trade agreement (FTA) allowing Panama to take full control of quota-setting and granting zero-tariff status to all in-quota sugar exports to Taiwan.
The Japanese Chamber of Commerce and Industry in Taipei (JCCI) urged Taiwan Friday to sign free trade agreements (FTAs) with more countries to enhance its investment competitiveness. "Taiwan tends to highly rely on China," Kyota Kishimoto, JCCI’s chairman, told reporters after a press conference to present an annual position paper to the Cabinet-level Council for Economic Planning and Development (CEPD).
Taiwan’s private sector needs to pull its weight if government policies aimed at offsetting the impact of the U.S.-South Korea free trade agreement are to succeed, Economic Affairs Minister Shih Yen-shiang said.
After China and Hong Kong, New Zealand will now seek a free trade agreement with Taiwan
Economic officials said Thursday that a free trade agreement (FTA) approved a day earlier between the United States and South Korea will have an impact on local companies to the tune of around US$11.84 billion per year. The Bureau of Foreign Trade (BOFT) said the U.S.-Korea pact will influence 34.1 percent of all Taiwan-made products exported to the U.S.
Taiwanese industries must prepare themselves for the impact of an upcoming free-trade agreement (FTA) between the US and South Korea, which might hurt local business opportunities in the US market, the Bureau of Foreign Trade (BOFT) said.
Taiwan and Japan signed their first investment accord, strengthening economic ties and stepping closer toward negotiating a free-trade deal.
A visiting high-ranking US official said Thursday that Taiwan’s ban on the importation of specific American beef products is a challenging issue that needs to be addressed before talks can resume over the Trade and Investment Framework Agreement (TIFA) between the two sides.
A free trade agreement between Taiwan and the United States is not realistic at the moment as there remain many barriers, a high-level U.S. official said Wednesday.
Former American Institute in Taiwan (AIT) director Stephen Young was skeptical of President Ma Ying-jeou’s (馬英九) position that signing the Economic Cooperation Framework Agreement (ECFA) would open the door for Taiwan to pursue free-trade agreements (FTA) with other partners, a US cable recently released by WikiLeaks showed.
Taiwan industrial companies have been reorganizing resources on both sides of the Strait to sharpen their competitive edge in the wake of tariff reductions that took effect earlier this year.
After negotiating with Singapore on economic partnership, Taiwan now studies similar talks with Indonesia to sign free trade agreement (FTA) to be member of the Association of Southeast Asian Nations (ASEAN).