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  • Taiwan eyes membership in CPTPP with Canada’s support

    Learn about Taiwan’s bid to join the CPTPP and its potential impact on global trade and economic security. Taiwan’s efforts to strengthen supply chain cooperation with Canada and seek inclusion in the trade agreement are highlighted.
    2024/03/26 16:06
  • China’s tariff move to hit Taiwan’s petrochemical exports

    The Customs Tariff Commission of China’s State Council has announced that starting from January 1 next year, it will suspend the application of preferential tariffs for 12 categories of chemically imported goods from Taiwan, including propylene and paraxylene. China claims that Taiwan violates ECFA regulations by imposing discriminatory trade measures for products exported from China, and a trade barrier investigation by China’s Ministry of Commerce confirmed these restrictions as a trade barrier. Taiwan’s Mainland Affairs Council (MAC) accuses China of political manipulation and bypassing WTO dispute mechanisms. The Ministry of Economic Affairs (MOEA) states that the export value of ECFA’s early harvest list to China has been decreasing, projected to retract to pre-ECFA levels by year-end. The MOEA proposes managing cross-strait economic disputes under the WTO mechanism and encourages China to do the same.
    2023/12/21 21:42
  • Ministry of Labor to introduce Indian migrant workers

    Taiwan’s Ministry of Labor (MOL) plans to introduce Indian migrant workers to address labor shortages. The initiative will adhere to domestic regulations and is not an immediate importation of 100,000 workers. The MOL will negotiate a Memorandum of Understanding (MOU) on labor service cooperation with India to ensure quality workers without disrupting social stability. Several countries have had positive experiences importing Indian labor, and currently, around 2,700 Indian laborers work in Taiwan. Taiwan’s economic and trade relationships with India are strong, making labor cooperation a priority. After signing the MOU, discussions on industrial quotas will occur. The MOL will rigorously assess qualification criteria such as language skills, professional abilities, educational background, and good behavior. The aim is for the introduction of migrant workers to contribute positively to Taiwan’s economic and societal development.
    2023/11/19 16:37
  • Taiwan accuses China of using trade as political tool

    China’s decision to extend its trade barrier investigation into Taiwan, which coincides with the upcoming elections, is seen by Taiwan’s Executive Yuan as a politically motivated move to interfere with the elections. The Executive Yuan argues that this action violates World Trade Organization (WTO) rules. Taiwan maintains that it has not violated any WTO rules and criticizes China’s investigation process as opaque and discriminatory. The extension of the investigation date is seen as further evidence of China’s political agenda. Both the Executive Yuan and the Mainland Affairs Council call on China to stop politicizing trade issues and adhere to WTO regulations in resolving disputes.
    2023/10/09 21:14
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