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DPP to push Taiwan to join TPP if it wins the election

DPP to push Taiwan to join TPP if it wins the election

Taipei, Nov. 20 (CNA) Lin Chuan, director of New Frontier Foundation under the opposition Democratic Progressive Party (DPP), said on Friday that if the party wins the upcoming presidential election, it will actively push Taiwan to join the U.S.-backed free-trade group Trans Pacific Partnership (TPP).

Lin touched on the topic when he met with Matthew Matthews, deputy assistant secretary and U.S. senior official for Asia-Pacific Economic Cooperation (APEC).

Lin said that the DPP places a lot of importance on U.S.-Taiwan relations and added that if the opposition party wins next year's presidential election, it will actively strengthen the economic ties between the two countries.

Referring to Taiwan's stagnant economy and contracted exports, Lin said the future government has the responsibility to push Taiwan toward a comprehensive industrial upgrade as well as to promote the development of new industries, which include innovative technology, new resources, and elderly care.

Lin stressed that joining the TPP will be a major step to helping Taiwan undergo an upgrade of its industries because it can help Taiwan attract foreign investment, increase talent exchanges, and encourage development of new industries here.

Lin served as finance minister from 2002-2006 under the previous DPP government led by then President Chen Shui-bian.
(By Yeh Su-ping and Lee Mei-yu)

Updated : 2021-09-24 05:18 GMT+08:00