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Taiwan parliament warns over China trade pact

AFP
July 28, 2010

TAIPEI — China may use a trade pact with Taiwan to push for its political goal of reunification, the island’s parliament warned in a report on Wednesday.

The Beijing-friendly administration of President Ma Ying-jeou last month signed the historic Economic Cooperation Framework Agreement (ECFA), the most sweeping accord yet signed between the two former bitter rivals.

Taiwan’s parliament, dominated by Ma’s Kuomintang party, warned Beijing may have a political motive behind the agreement.

“While ECFA may generate a lot of business opportunities for Taiwan, we must not turn a blind eye to the perceived threats in the wake of the agreement,” it said in a research report for lawmakers obtained by AFP.

Taiwan’s Economic Minister Shih Yen-shiang has said the ECFA is expected to create 60,000 new jobs in two years.    more …

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