STAMP OF APPROVAL:Minister of Economic Affairs John Deng said that Taiwan cannot hope to join the TPP negotiations until Beijing gives the nation approval
Date: Oct 29, 2015
By: Lauly Li / Staff reporter
Taiwan needs China’s support to join the next round of Trans Pacific Partnership (TPP)
negotiations as China is the largest trading partner of six of the 12 TPP members, Minister of Economic Affairs John Deng (鄧振中) said yesterday.
“Given those TPP members’ close trading relationships with China, it is unavoidable that those countries will consider China’s stance before expressing support for Taiwan,” Deng said in an interview with UFO Radio program host Tang Hsiang-lung (唐湘龍).
With import value reaching US$200 billion to US$300 billion a year in Taiwan, “there is a chance for us to join the next round of TPP negotiations,” Deng said. [FULL STORY]