China, Taiwan to Sign Economic Cooperation Agreement

Taiwan plans to sign the proposed economic cooperation framework agreement (ECFA) with China in June this year, following the exchange of initial lists of products qualified for lower tariffs, reports Tax-News.com.

 

The tax portal says that Taiwan's Minister of Economic Affairs, Shih Yen-shiang, has revealed that the government will negotiate to place up to 500 items that are currently subject to the highest entry duties into China and, in its opinion, should be given favourable tariff treatment.

 

 

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