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Cross-strait business disputes handled by SEF soaring

Cross-strait business disputes handled by SEF soaring

Taipei, Dec. 29 (CNA) The number of cross-Taiwan Strait business disputes handled by the Taipei-based Straits Exchange Foundation (SEF) has soared over the past 18 months, as ties with China have warmed, SEF officials said Tuesday.
They attributed the phenomenon to the resumption of communication links between the SEF and its Chinese counterpart, the Association for Relations Across the Taiwan Straits (ARATS), following President Ma Ying-jeou's inauguration in May 2008, which increased Taiwan businessmen's willingness to seek the SEF's assistance in dealing with business disputes in China.
The SEF and ARATS are the two semi-official intermediary bodies set up by Taiwan and China, respectively, to deal with cross-strait affairs in the absence of official ties between the two sides.
SEF statistics show that up until the end of 2007, the foundation received only a few scores of complaints per year from Taiwan businessmen regarding disputes in China.
The number, however, soared to 221 in 2008 and further to 393 in the first 11 months of 2009, the statistics reveal.
The total number for the whole year is likely to be double that of last year, SEF officials said.
In addition, the number of cases handled by the SEF regarding the physical safety of Taiwanese in China has been climbing over the past 10 years, the officials said.
The number topped 100 for the first time in 2003 and went up to 249 in 2007, 312 in 2008 and 326 in the first 11 months of 2009, they said.
(By Feng Chao and Y.F. Low)




Updated : 2021-08-02 16:00 GMT+08:00