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China seeking to expedite trade, dispute resolution talks with Taiwan

ROC Central News Agency

2012/08/08 17:57:42

Taipei, Aug. 8 (CNA) China will seek to make quick progress this year and next year in its talks with Taiwan on trade in goods and services and the establishment of a dispute resolution mechanism, a Chinese negotiator said in Taipei on Wednesday.

Chen Yunlin, president of the Association for Relations Across the Taiwan Strait, said in a statement that China will "make efforts to obtain substantial results as soon as possible" in these areas.

The statement was issued after Chen arrived in Taipei on Wednesday for negotiations the next day with his Taiwan counterpart Chiang Pin-kung, chairman of the Straits Exchange Foundation.

Chen was scheduled to make a speech at the Grand Hotel but it was canceled after his flight was delayed.

In the statement, Chen said that after substantial results are achieved in the areas mentioned, the services markets across the Taiwan Strait will be further liberalized and tariff concessions will be extended to more products.

It means that more people on both sides will be able to enjoy the benefits of peaceful cross-strait relations, he said.

The investment protection pact and customs cooperation agreement that are expected to be signed this week in his meeting with Chiang are "an important step in realizing the various goals" of the 2010 cross-strait Economic Cooperation Framework Agreement, Chen said.

He also extended condolences to the victims of Typhoon Saola that recently hit Taiwan.

He said his association is sincerely concerned about the heavy rain and landslides that the storm caused in some areas of Taiwan.

Taiwan and China are expected to ink an investment protection pact and customs cooperation agreement during their eighth round of high level talks, which will be held Thursday at the Grand Hotel in Taipei.

(By Christie Chen)

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