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Commercial Times: Don't upset trade talks with referendum

Commercial Times: Don't upset trade talks with referendum

The opposition Taiwan Solidarity Union and its followers are pushing for areferendum on the government's proposed trade pact with China, and their opposition has clouded the talks with uncertainty.
We absolutely oppose their request for a referendum on the following grounds: First, the basis of the pact is part of World Trade Organization (WTO) regulations, and after being signed would be submitted to the world body for reference.
Second, the pact with China is a form of free trade agreement that will allow its signatories to offer each other trade privileges more favorable than what they could get with a deal that included all WTO members.
Third, the pact is a simple economic deal, as born out by the intensive, detailed bargaining in which the negotiators are engaged.
Those who support a referendum on the proposed pact are playing into the hands of politicians who are running for positions in the year-end elections in five municipalities.
Those politicians are trying to milk the pact for their political gain despite the negative impact of their actions on the country's economy -- behavior that should not be encouraged. (May 27, 2010) (By Maubo Chang)




Updated : 2021-06-25 17:54 GMT+08:00