UK official expresses support for Taiwan-EU pact
CNATAIPEI--UK Minister of State for Trade and Investment Stephen Green expressed his explicit support for Taiwan's bid to forge an economic cooperation agreement (ECA) with the European Union at an annual consultation with Taiwanese officials held in Taipei Friday.
November 5, 2011, 12:34 am TWN
The 16th Taiwan-UK consultation on economic and trade cooperation was headed by Green and Taiwan's Vice Economics Minister Lin Sheng-chung.
According to Lin, the United Kingdom has been very supportive of the proposed Taiwan EU ECA.
Before Green, Edward Davey, Britain's minister for employment relations, consumer and postal affairs, had written to Taiwan's representative to the United Kingdom Chang Siao-yue to offer his backing, Lin said.
Also during the meeting, issues concerning trade in pharmaceuticals, liquor and financial services between Taiwan and the United Kingdom were raised for discussion.
Addressing British concerns over Taiwan's drug pricing system, Department of Health officials assured the British side that the system was being operated based on the principle of transparency, Lin said.
On Britain's request that Taiwan retain the original lot codes of whiskey products, Lin said the matter will involve amending Taiwan's laws. He stressed that Taiwan's existing rules of origin are sufficient to protect the interests of British liquor exporters.
Also, Britain hoped that Taiwan could relax its screening criteria for new financial products.
Meanwhile, the two sides agreed to strengthen cooperation on technical support and personnel training to assist with Taiwan's effort to develop offshore wind power, according to Lin.