Economy
Economic pact with the mainland an opportunity for Taiwan
(Xinhua)
Updated: 2010-04-27 11:27
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TAIPEI: The secretary-general of the Boao Forum for Asia Long Yongtu suggested Taiwan take the opportunity to sign the economic cooperation framework agreement, or ECFA, with the mainland, while attending a forum?on Monday.
Taiwan has its unique competencies, Long said, pointing out the island's rich human resources in finance, accounting and law, which could be of help to the mainland as its currency, the renminbi, goes global.
"ECFA will bring tangible benefits to Taiwan," said Long.
Long called upon Taiwan to seize the opportunity as the mainland is shifting from being the world's factory to becoming a global market, which will surely alter landscape of world trade.
