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MOFA counters criticism on Taiwan’s stalled FTAs

Reporter Scarlett Yu
Release time:2023/12/30 17:19
Last update time:2023/12/30 17:19
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MOFA counters criticism on Taiwan’s stalled FTAs (Shutterstock) MOFA counters criticism on Taiwan’s stalled FTAs
MOFA counters criticism on Taiwan’s stalled FTAs (Shutterstock)

TAIPEI (TVBS News) — Taiwan's Ministry of Foreign Affairs (MOFA) on Saturday (Dec.30) voiced concerns over Beijing's ongoing efforts to isolate Taiwan on the international stage.

This response comes in the wake of criticisms from Kuomintang (KMT) presidential candidate, Hou Yu-ih, who expressed dissatisfaction with Taiwan's free trade agreements (FTA) and economic performance.

 

Hou's remarks were delivered during his third presidential policy presentation, where he labeled the Democratic Progressive Party's (DPP) economic track record as "unsatisfactory."

He specifically highlighted the stagnation of many of Taiwan's bilateral and multilateral trade agreements, which he argued hindered the nation's global reach.

MOFA, in its press release, underscored the government's unwavering commitment to global economic integration and the promotion of substantial bilateral economic cooperation with key trade partners. However, the ministry noted persistent obstacles and interference originating from China.
 

Taiwan's effective participation in economic integration, MOFA argued, hinges on the nation's inherent strengths and global connections.

Nevertheless, with China's recent expansionist agenda drawing increased scrutiny, nations like the United States and European countries are reevaluating the economic risks associated with China.

Simultaneously, Taiwan's pivotal role in the global supply chain is garnering recognition worldwide.

In light of these developments, MOFA urged all Taiwanese citizens, regardless of their political affiliations, to unite in the face of external challenges and to further enhance substantial cooperation with like-minded nations.

Taiwan Affairs

#Taiwan# Beijing# FTA# global stage# bilateral trade agreements# economic integration# global supply chain# Kuomintang presidential candidate# Taiwan’s stagnant free trade agreements# Democratic Progressive Party’s economic performance

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