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June 27, 2017

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ECCT warns of potentially adverse affects of protests

TAIPEI--The European Chamber of Commerce in Taiwan (ECCT) on Friday expressed concerns about the potential impact of prolonged protests against a controversial trade-in-services pact with China.

ECCT CEO Freddie Hoeglund said the chamber is a business organization and will not interfere in Taiwan's politics, but he worried that the protests could affect Taiwan's stable investment environment and increase risks for foreign businessmen.

Hoeglund said it was good for Taiwan to discuss free trade agreements with other countries, but he also saw the controversy over the trade-in-services agreement with China as potentially hurting Taiwan's credibility in its FTA talks with other countries.

His remarks came as the occupation of the Legislature by student-led protesters entered its 11th day.

Student leaders have said they will continue occupying the Legislature until their demands are met, and they called for 100,000 people to take to the streets on Sunday to voice their displeasure with the pact and how it has been handled by the government.

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