Skip to content

Taiwan to Woo Backers at APEC for Bid to Join Pacific Trade Pact

Nan Shan Plaza (L) and Taiwan's landmark building Taipei 101 are pictured through the window of an airplane, in Taipei on Aug. 19, 2018. (Tyrone Siu/Reuters)

TAIPEI—Taiwan will seek support for its bid to join a trans-Pacific trade pact when it attends a meeting of economic leaders of the Asia–Pacific group APEC next week, President Tsai Ing-wen said on Tuesday.

China, which has also applied to join the pact, opposes Taiwan’s membership and has increased military activities near the island which Beijing claims and has not ruled out taking by force.

Taiwan and China both applied in September to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

Economic leaders from the Asia–Pacific trade group APEC, which includes the United States, China, and Japan, will meet virtually next week to discuss a path forward for the region to recover from the COVID-19 pandemic.

“I’d like to ask envoy Chang to use this meeting to gather support from more APEC members for Taiwan to join CPTPP,” Tsai told reporters, referring to Taiwan’s representative for the meeting, chip giant TSMC founder Morris Chang.

“Envoy Chang will express Taiwan’s support and insistence for free trade.”

Speaking at the same event, Chang said he will use his six-minute speech to emphasize Taiwan’s qualification to reach CPTPP’s high standards, as well as the island’s already “very high” trade contribution to the major pan-Pacific free trade pact. He did not elaborate.

Joining CPTPP has become the latest in a string of tensions between Beijing and Taipei, which is excluded from many international bodies because of the Chinese regime’s insistence that it is part of “one-China” regardless of Taiwan being an independent country.

In an interview with Reuters in September, Taiwan’s economy minister questioned China’s suitability for the Pacific trade pact, citing restrictive trade practices by the world’s second-largest economy, and feared “obstruction” made by Beijing.

Taiwan, a major semiconductor producer, is a member of the World Trade Organization and the APEC grouping.

Tensions between Taiwan and China have escalated sharply in recent weeks as Beijing raises military pressure that has included repeated missions by Chinese warplanes in Taiwan’s air defense identification zone.

EPOCH TV
Metamorphosis

NEW

sharecomments
Healing Garden

2hr

sharecomments
China Clamps Down on Virus Outbreaks

17hr

sharecomments
Awesome Science (Episodes 3): Explore Meteor Crater & Petrified Forest National Park

18hr

sharecomments
Cuisine Royale (Episode 5): Austria – Riegersburg Castle

18hr

sharecomments
Facts Matter (Nov. 1): Study Finds Vaccinated People Just as Likely to Spread Delta Within Household

18hr

sharecomments

Pezou : Taiwan to Woo Backers at APEC for Bid to Join Pacific Trade Pact