Presenting a study on the potential effects of an ECFA, the Chung-Hua Institution for Economic Research (CIER) said it had drawn two possible scenarios for the signing of the pact: In the first scenario, tariffs on select Taiwanese agricultural products that are currently open to China will be removed, while the industrial sector will be closed to China; in the second scenario, there will be no changes in the agricultural sector, but the industrial sector will be completely opened to China.< …more>
Publication Date:07/30/2009
Source: Taipei Times
By Elizabeth Tchii