. Earth Science News .
Taiwan opposition starts push for China trade pact poll

by Staff Writers
Taipei (AFP) June 14, 2009
Taiwan's main opposition party on Sunday kickstarted a campaign to push for a referendum on the Beijing-friendly government's plans to forge a comprehensive trade pact with China.

The Democratic Progressive Party (DPP) insisted that since the pact -- similar in scope to a free trade agreement -- would be far-reaching, it must be scrutinised by the people rather than the Ma Ying-jeou administration.

"Whatever the content of the ECFA (Economic Cooperation Framework Agreement), it could decide on the future of Taiwan. Therefore, we demand the issues be voted on by the people," DPP chairwoman Tsai Ing-wen told reporters.

It would be the first referendum since the pro-independence DPP lost power to the Kuomintang party in May last year.

The DPP hopes to collect at least 80,000 signatures by early July in the first part of a two-step process required by law for the referendum to go ahead.

Once it reaches its target figure, the party will then have to enlist the endorsement of at least 870,000 supporters before the poll can take place next year.

"In addition to sovereignty, the ECFA may also involve issues like the opening of local markets to China's agricultural and industrial products, and may lead to job losses," DPP spokesman Cheng Wen-tsang said, listing concerns dismissed by the ruling party.

China still regards Taiwan as part of its territory awaiting reunification by force if necessary, although the island has governed itself since the end of a civil war in 1949.

The Ma administration claims that the trade pact, whose details have yet to be drafted, is designed to boost the flow of goods and personnel across the Strait and to help the island tackle the recession.

Taiwan's Economic Minister Yiin Chii-ming had defended the pact, claiming that it could boost the island's economic growth by 1.4 percentage points.

In particular, the petrochemical, machinery and auto components sectors are expected to benefit from closer cross-strait ties, Yiin said.

Chinese President Hu Jintao told visiting Wu Poh-hsiung, chairman of the Kuomintang, in Beijing last month that talks on the ECFA were likely to start in the second half of the year.

Hu said the mainland would like to see an economic agreement that would benefit economic development on both sides and improve people's welfare, according to the Xinhua news agency.

Relations with China have improved dramatically since Ma was inaugurated in May 2008, vowing to promote reconciliation and trade ties.

Share This Article With Planet Earth
del.icio.usdel.icio.us DiggDigg RedditReddit
YahooMyWebYahooMyWeb GoogleGoogle FacebookFacebook



Related Links
Global Trade News



Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News


EU, US preparing WTO action against China: source
Brussels (AFP) June 11, 2009
The European Union and the United States are preparing to launch joint WTO action against China over Chinese restrictions on exporting raw materials, an EU source said on Thursday. "The European Union is currently getting something ready with the United States," the source said on condition of anonymity. Brussels and Washington aimed to formally seek consultations on June 22, the first ... read more







The content herein, unless otherwise known to be public domain, are Copyright 1995-2009 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement