President touts significance of ECFA
ROC Central News Agency
2010/07/01 16:31:26
Taipei, July 1 (CNA) President Ma Ying-jeou said Thursday that the just-concluded economic cooperation framework agreement (ECFA) with China will bear far-reaching influence, not only on cross-Taiwan Strait relations but also on the regional situation.
The ECFA will further cement the "peaceful development" formula with regard to relations between Taiwan and China, Ma said during an international press conference on Taiwan's post-ECFA economic strategy.
Ma said the landmark cross-strait trade deal, signed June 29, is expected to go into effect Jan. 1 next year if it is approved by the Legislative Yuan.
The ECFA will represent a major step forward in helping Taiwan break out of its economic isolation, forge mutually beneficial cross-strait trade and economic relations and accelerate economic integration process in the Asian area, Ma said. (By Garfie Li and Bear Lee) ENDITEM/J
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