AmCham report offers advice to ‘08 presidential candidates

AmCham said in a news release issued Friday that Taiwan has the potential to enjoy immense business opportunities over the coming decade or more in high-tech industries, financial services and other areas of the economy.

Nevertheless, it pointed out that achieving such success will “also be necessary to boost competitiveness through such steps as revamping tax policy, restructuring the financial system, carrying out educational reform, creating a more transparent, consistent and even handed regulatory regime, and liberalizing rules on work permits for foreign and mainland Chinese professionals,” said the AmCham press release.

Taiwan will need to maintain stable cross-Taiwan Strait relations, adopt a more outward-looking and internationalist mindset, strengthen its democratic institutions and build a more collaborative domestic political environment continued the press release.

An accompanying editorial further recommends that the presidential and vice presidential nominees and their aides regard the special section as a useful source of reference as they put together the policy objectives that will define their candidacies.

“After the election, the winning team might well give these papers a re-reading as a reminder of what needs to be tackled during their term in office to help set the stage for a politically stable, economically flourishing and socially just Taiwan in 2020,” it adds.

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