Taiwan eyes cross-strait trade collaboration

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TAIWAN and China should consider zonal collaboration before embarking upon large-scale market liberalization, according to National Development Council (NDC) Deputy Minister Kao Shien-quey said on Tuesday. “The Shanghai Free Trade Zone [FTZ] is a starting point for such an initiative, with agriculture, customs clearance and services trade the most likely areas of cooperation,” Kao said. “The NDC is consulting the Council of Agriculture, Financial Supervisory Commission and Ministry of Economic Affairs for possible collaboration models,” he added. According to the deputy minister, it is hoped that agricultural products processed in Taiwan’s export processing zones can be exported to mainland China through the Shanghai FTZ or via similar arrangements.

TAIWAN TODAY

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