Israeli strike in Doha escalates regional tensions, threatens Gaza ceasefire talks    Egypt strengthens inter-ministerial cooperation to upgrade healthcare sector    Egypt's urban inflation slows to 12% in August, down from 13.9% in July    Egypt's Al-Sisi meets Tunisian PM ahead of joint higher committee session    China's Sailun breaks ground on $1bn tyre factory in Egypt's SCZONE    Israeli airstrikes target Hamas leaders in Doha; Qatar vows response    Egypt's FM meets Iranian counterpart in Cairo for nuclear, regional talks    Egypt ramps up enforcement of new labour law to formalise workforce    Egypt, Iran foreign ministers meet in Cairo to discuss ties, nuclear file    Egyptian government charts new policies to advance human development    Egypt, Spain discuss expanding health cooperation, support for Gaza    Egypt advances plans to upgrade historic Cairo with Azbakeya, Ataba projects    Egyptian pound ends week lower against US dollar – CBE    Egypt expresses condolences to Sudan after deadly Darfur landslides    Egypt hosts G20 meeting for 1st time outside member states    Lebanese Prime Minister visits Egypt's Grand Egyptian Museum    Egypt to tighten waste rules, cut rice straw fees to curb pollution    Egypt seeks Indian expertise to boost pharmaceutical industry    Egypt prepares unified stance ahead of COP30 in Brazil    Egypt recovers collection of ancient artefacts from Netherlands    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Egyptian, Ugandan Presidents open business forum to boost trade    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt, Huawei explore healthcare digital transformation cooperation    Foreign, housing ministers discuss Egypt's role in African development push    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Taiwan Leader Says Protest-Hit China Trade Pact Vital For Economy
Published in Amwal Al Ghad on 23 - 03 - 2014

Taiwan President Ma Ying-jeou said on Sunday that the island needed to pass a contentious trade pact with China for the sake of its economy, and called on protesters who have occupied parliament in protest to respect democracy and leave.
Parliamentary approval of the pact would pave the way for greater economic integration between the two former geopolitical foes, by opening 80 of China's service sectors to Taiwan and 64 Taiwan sectors to China.
But the demonstrators who have taken over parliament and massed in the surrounding streets for the past five days fear the deal could further swell Beijing's economic influence over their proudly democratic island.
Speaking to reporters in Taipei, Ma said that Taiwan would suffer economically if it did not sign the agreement with its biggest export destination, China.
"I tell you once again, with a responsible attitude, that this is completely for the sake of Taiwan's economic future," said Ma, under whose rule since 2008 Taiwan has signed a series of landmark trade and economic agreements with China.
Ma and his ruling Kuomintang Party have promoted the pact, which faces a final review in parliament on April 8, as necessary to maintain Taiwan's competitiveness and status as an export powerhouse.
They have called it a precondition for Taiwan to join the Trans-Pacific Partnership, a wide-ranging trade deal among 12 countries, spearheaded by the United States.
Ma said he understood the passion of the mostly young protesters, as "the country can only have a future if the youth care about the country and are brave enough to participate".
But he added that with their "illegal" occupation of parliament they were affecting the work of the government, and should withdraw.
"Are we not proud of Taiwan's democracy and rule of law?" Ma said. "If there is no rule of law, democracy cannot be protected -- this is the government's unswerving basic position."
Taiwan is a former dictatorship that made a peaceful transition to democracy in the late 1980s, and now boasts one of Asia's most freewheeling democracies. Fights in parliament are common and protests are almost a daily occurrence.
The main opposition Democratic Progressive Party has said it fears the pact will hurt small service companies and damage Taiwan's economy. But it lacks the numbers to block the bill's final passage.
Taiwan and China have been ruled separately since the Communists took power on the mainland in 1949, though relations have warmed considerably since the China-friendly Ma won the presidency in 2008 and secured re-election in 2012.
China still regards Taiwan as a renegade province, to be regained by force if necessary, and many in Taiwan are wary of the warming ties Ma's administration promotes.
Source : Reuters


Clic here to read the story from its source.