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China

Taiwan wants free trade pact with Japan

TAIPEI - Economic Affairs Minister Lin Yi-fu expressed hope that Taiwan and Japan will set up a free-trade agreement (FTA) soon.

He made the remarks at a reception held after the end of a two-day Taiwan-Japanese economic conference in Taipei.

To promote economic and trade relations with Japan, Lin noted, the Ministry of Economic Affairs (MOEA) is evaluating a report on the possibility of signing an FTA with Japan. Saying that such an agreement would benefit both countries, the minister urged Japan to push for the setting up of an FTA with Taiwan as soon as possible.

Taiwan became a member of the World Trade Organization in January and the MOEA is now trying to organize the signing of FTAs with the United States, Japan, Panama, Singapore and New Zealand.

In response to Lin's remarks, Japan Interchange Association president Toshio Goto expressed hope that substantive relations between Japan and Taiwan will be strengthened.

Although pro-Taiwan Japanese quarters advocate the signing of an FTA, mainland China is exerting pressure to prevent the Japanese government from inking such a pact with Taiwan.

The annual Taiwan-Japanese economic conference, which has been held alternately in Japan and Taiwan since 1975, was attended by more than 200 experts and scholars from the two countries. The major topics of discussion included cooperation in the WTO and the Asia Pacific Economic Cooperation forum, the FTA issue, agriculture and forestry, medicine, harbor administration, intellectual property protection and technical cooperation.

The next meeting will be held in Japan next year under the joint sponsorship of the quasi-official Japan Interchange Association and the Association of East Asian Relations.

(Asia Pulse/CNA)
 
Nov 30, 2002



 

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