3 September, 2015 AsiaNews.it Twitter AsiaNews.it Facebook            

Help AsiaNews | About us | P.I.M.E. | | RssNewsletter | Mobile






mediazioni e arbitrati, risoluzione alternativa delle controversie e servizi di mediazione e arbitrato

e-mail this to a friend printable version


» 08/09/2012
TAIWAN - CHINA
Beijing and Taipei sign new trade agreements
New deal provides greater legal protection and cuts custom red tape. Investors in China and Taiwan are promised equal, if not preferential, treatment. In case of arrest, police must inform families and companies on the other side. In Taiwan, people protest deal fearing mainland colonisation of the island.

Taipei (AsiaNews/Agencies) - China and Taiwan signed a landmark investment pact on Thursday. The agreement cuts red tape at customs and includes safeguards against sudden expropriation of property. It also gives individual investors some protection in the case of legal trouble with authorities.  Outside the venue where the deal was signed, hundreds of protesters demonstrated against Beijing's possible colonisation of the island.

Beijing's chief negotiator Chen Yunlin and his Taiwanese counterpart Chiang Pin-kung inked the long-awaited deal, which will provide a legal umbrella for Taiwan companies in the mainland should they face the authorities or possible seizure.

Chen and Chiang also signed a cooperation pact to speed up customs procedures in the hope of boosting two-way trade.

In the agreement, the mainland and Taiwan promised to provide equal, if not preferential, treatment for investors from both sides.

In cases of Taiwanese nationals working for a Taiwan-invested company on the mainland, mainland police will be required to inform his or her relatives of the detainment within 24 hours. The same rules will be applied to Taiwanese police.

The new deal comes in the wake of agreements signed in 2010 that improved trade relations, two-way tourism and investments.

Not everyone in Taiwan likes the deal. Barbed wire and about 1,300 police officers were deployed around the meeting venue where the two delegations met to keep at bay about 700 protesters.

Many Taiwanese are afraid that Taiwan's reliance on the mainland could become too much. Used to democracy, they are concerned about the dictatorial nature of China's government.

Relations between China and Taiwan improved in 2008 with the election of Ma Ying-jeou as president, who began a policy of rapprochement and friendship with Beijing after the turbulent years of pro-independence President Chen Shui-bian.

The mainland is Taiwan's largest trade partner, and more than 80,000 Taiwanese companies now operate on the mainland, where they have invested more than US$ 100 billion over the years.


e-mail this to a friend printable version

See also
12/23/2009 CHINA – TAIWAN
Free trade talks between China and Taiwan edging along
11/04/2008 TAIWAN – CHINA
Taipei and Beijing reach historic deal on direct flights, trade, postal services and food
01/06/2004 Israel - Vatican
Peace, agreements with Catholic Church fail to take off
01/20/2005 CHINA - TAIWAN
Taiwan Company buys half of Ningbo port
08/05/2010 TAIWAN – SINGAPORE
Taiwan and Singapore to discuss a free trade agreement

Editor's choices
INDIA
Card. Toppo: Learning to take care of the earth and its inhabitants from India’s tribals
by Nirmala CarvalhoThe Archbishop of Ranchi, speaks to AsiaNews ahead of the World Day of Prayer for the care of creation (1 September). The nation is home to "more than one million tribal Catholic, and in our culture we respect nature and will celebrate its gifts." Today "to be true witnesses of Christ, we must respond to the ecological crisis through a deep spiritual conversion."
VATICAN - IRAQ
Fr. Samir of Amadiya: The Pope is the voice of Iraqi refugees
by Bernardo CervelleraThe Chaldean priest met Pope Francis, asking him to keep the world’s focus on Christian refugees from Mosul and the Nineveh Plain. His diocese is home to 3500 Christian families and almost half a million Yazidis who fled Islamic State violence. ISIS is not all Islam and there are Muslims who want an Iraq of coexistence. Christians might not emigrate, but remain in their own land. Aid projects for refugees: school for children, work for adults, a home for every family. An appeal to AsiaNews.
LEBANON
Muslims defend Christians’ freedom in Beirut DeclarationFreedom of religion, education and opinion are defended by quoting the Qur’ān, which is the basis for the rule of law, not a religious state. Lebanese Sunnis slam violence committed in the name of God. The full declaration is reprinted here.

Dossier

Copyright © 2003 AsiaNews C.F. 00889190153 All rights reserved. Content on this site is made available for personal, non-commercial use only. You may not reproduce, republish, sell or otherwise distribute the content or any modified or altered versions of it without the express written permission of the editor. Photos on AsiaNews.it are largely taken from the internet and thus considered to be in the public domain. Anyone contrary to their publication need only contact the editorial office which will immediately proceed to remove the photos.