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May 23, 2017

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Business leader worries over stalled accord

TAIPEI, Taiwan -- The head of Taiwan's general chamber of commerce Sunday said he hopes the draft bill to monitor cross-strait agreements will not hold up the passage of the long-delayed trade-in-services agreement with China.

The comments from Lai Cheng-i, president of the General Chamber of Commerce of the Republic of China, come after Legislative Speaker Wang Jin-pyng pledged earlier in the day to pass the monitoring law before lawmakers deal with the services pact, an apparent answer to protester demands.

"It is better that the two things are dealt with at the same time," said Lai.

Otherwise, he cautioned, the enactment of the monitoring law could take at least 3-6 months, leaving everyone anxious over the fate of services agreement.

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