Taiwan firms win breaks on tax
Source: Agencies |
01:08 UTC+8 June 14, 2010
|
Print Edition
Print Edition
ABOUT 500 Taiwan petrochemical, machinery, auto parts and textile products will be among the first to benefit from tariff cuts under a trade deal with Chinese mainland, Taiwan-based newspapers reported yesterday.
They cited the mainland's Taiwan affairs chief Wang Yi as telling Taiwan delegates to the third round of expert-level talks on the Economic Cooperation Framework Agreement that the deal was certain to be signed by the end of June.
Wang's comments, made at a Saturday evening function ahead of yesterday's talks in Beijing, are the clearest confirmation yet of the content of the deal and the timing of the signing.
The reports said the tariff reductions for petrochemical products could be about 60 percent and those for textiles 80 percent.
Together all the items on the initial list for reductions, dubbed the "early-harvest list," account for about 15 percent of Taiwan's exports to the mainland.
Taiwan is banking on the ECFA opening doors to trade deals with other major economies such as Japan and the United States, allowing its export-reliant US$390-billion economy to stay competitive with regional rivals.
After the latest talks on the ECFA yesterday, Xinhua news agency said the two sides "reached a basic consensus" on the text of the agreement.
They would settle on a list of goods and services to benefit from the "early-harvest" plan in subsequent discussions.
They cited the mainland's Taiwan affairs chief Wang Yi as telling Taiwan delegates to the third round of expert-level talks on the Economic Cooperation Framework Agreement that the deal was certain to be signed by the end of June.
Wang's comments, made at a Saturday evening function ahead of yesterday's talks in Beijing, are the clearest confirmation yet of the content of the deal and the timing of the signing.
The reports said the tariff reductions for petrochemical products could be about 60 percent and those for textiles 80 percent.
Together all the items on the initial list for reductions, dubbed the "early-harvest list," account for about 15 percent of Taiwan's exports to the mainland.
Taiwan is banking on the ECFA opening doors to trade deals with other major economies such as Japan and the United States, allowing its export-reliant US$390-billion economy to stay competitive with regional rivals.
After the latest talks on the ECFA yesterday, Xinhua news agency said the two sides "reached a basic consensus" on the text of the agreement.
They would settle on a list of goods and services to benefit from the "early-harvest" plan in subsequent discussions.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
