Delay of service trade pact's passage hurts Taiwan: Jiang
The China Post news staffTAIPEI, Taiwan -- Premier Jiang Yi-huah said on Saturday that the legislative deadlock hampering passage of the cross-strait service trade agreement will undermine Taiwan's competitiveness.
October 21, 2013, 12:02 am TWN
Jiang made the remarks when visiting the offices of Sporton International Inc., the executives of which told Jiang that accelerating the screening and ratification process of the Taiwan-China service trade agreement would expand access to the huge mainland Chinese market for Taiwanese providers of testing and certification services, paving the way for certifications valid across the Taiwan Strait as well as globally.
Sporton International is located in Hwa Ya Technology Park in Taoyuan County, Northern Taiwan, and is a company that provides professional product testing and certification services, especially in the mobile device, medical, and safety sectors.
In response, Jiang said that Taiwan's technology industry is not inferior to those in other countries, and what counts most is that the government help local companies venture into the mainland market earlier than competitors from other countries.
The premier stressed that while many foreign countries are striving to sign service trade agreements with China in order to tap into the mainland Chinese market for service industries, Taiwan could gain an upper hand by ratifying the already-signed agreement and implementing it as soon as possible.
Jiang said that time is money, and the repeated failures of the Legislature to screen and ratify the cross-strait service trade agreement will erode Taiwan's export competitiveness and damage the efforts of local enterprises to transform and upgrade their operations.
The premier also noted that he has instructed the related ministries to develop measures that can address the problems and suggestions raised by local enterprises in facilitating the transformation and upgrade of their operations.