ISDS Case Map
Taiwan
Foreign investors will be able to invest in mainland China via Taiwan under the protection of the economic cooperation framework agreement, well ahead of any deal with South Korea, the Taiwanese argue.
Minister of Economic Affairs Shih Yen-shiang said yesterday that Taiwan, as a WTO member, has the right to seek free trade deals with as many countries as it chooses, a move recently strongly opposed by China.
Minister of Economic Affairs Shih Yen-shiang said Monday that Taiwan will adopt a "building blocks" approach to promote free trade agreements (FTAs) with other countries, beginning with investment guarantee pacts.
Taiwan's economics minister said on Saturday that as a World Trade Organization member, Taiwan has the right to seek free trade deals with many partners, a move China opposes as the two work on a trade pact.
Taiwanese President Ma Ying-jeou is facing domestic and Chinese hurdles in his pursuit of a key China trade pact that could bring about the closest relations between the longtime rivals since their split amid civil war in 1949.
Taiwan's Referendum Review Committee yesterday rejected a proposal to hold a national referendum on an economic cooperation framework agreement (ECFA) that has yet to be signed between Taipei and Beijing.
Mainland China may make a major concession in the talks for cross-Taiwan Strait Economic Cooperation Framework Agreement (ECFA) by expanding the early-harvest list, or priority items for tariff cut or market opening, to 500 items rather than the expected 300.
Taiwan's President Ma is in trouble after a Chinese foreign ministry spokesman says that Beijing would not allow Taiwan to sign trade deals with other countries, even after an ECFA is signed.
Taiwan protested on Wednesday after China said it will object to foreign countries signing free trade agreements with the island, a blow to what Taipei officials see as a key driver to its US$390 billion economy.
Taiwan authorities will decide Thursday on whether the ECFA referendum proposal is valid.
