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October 26, 2009

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Home » Business » Economy

Plan for economic pact by year end

THE Chinese mainland's Taiwan affairs chief Wang Yi said in Chengdu yesterday the mainland was willing to negotiate with Taiwan for an economic cooperation agreement before the end of this year.

Wang, director of the Taiwan Work Office of the Communist Party of China Central Committee, said the mainland and Taiwan could exchange views on the signing of the pact in a new round of talks between the mainland's Association for Relations Across the Taiwan Strait and Taiwan's Strait Exchange Foundation "if both sides consider it necessary."

The ARATS and the SEF will hold the new round of talks in Taiwan's Taichung in mid or late December, the fourth round of meetings since last year.

"We are willing to negotiate with Taiwan and launch official discussions on cross-strait economic cooperation agreement under the ARATS-SEF framework as early as possible before year end," Wang said.

Fan Liqing, a spokeswoman of the State Council's Taiwan office, said earlier this month: "Respective studies by the mainland and Taiwan show that such an agreement would be in the interests of people on both sides and promote economic development across the strait."

The ARATS and the SEF signed an agreement on cross-strait financial cooperation in April at the third meeting of their leaders.

Wang said the mainland was willing to "further interact with Taiwan to solve problems concerning cross-strait economic exchanges and push the economic ties between the two sides to a new level."

Wang said he hoped Taiwan could provide a fair and convenient environment for staff of the mainland's firms in Taiwan.


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