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May 30, 2017

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Hearings added to FEPZ process within Legislature

TAIPEI -- The legislation on the establishment of Free Economic Pilot Zones (FEPZ) around Taiwan faces possible delays as lawmakers decided Thursday not to act on it until the end of March at the earliest.

The joint session of the Legislative Yuan's Internal Administration, Economics and Finance Committees approved a proposal by opposition Democratic Progressive Party members to hold a series of five public hearings on the issue before March 31.

The draft legislation will then undergo a line-by-line review process by relevant committees, according to the committees' decision.

There are no immediate reactions from the administration.

The Free Economic Pilot Zones are part of the administration's efforts to spur economic growth through liberalization.

1 Comment
March 7, 2014    pvaudin@
What is wrong with these politicians? Have they never visited another country and understood how trade works? The current policies, as outlined, are already outdated in most of the rest of the world, but they delay even this small move forward.
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