ECCT urges Taiwan to improve regulatory system

Focus Taiwan
Date: 2016/11/10
By: Chen Cheng-wei and Y.F. Low

Taipei, Nov. 10 (CNA) The European Chamber of Commerce Taiwan (ECCT) on Thursday called for

CNA file photo

CNA file photo

improvements to the country’s regulatory system to spur a revival of the domestic economy.

To that end, Taiwan should gear up for energy transformation, speed up the pace of international harmonization, try to attract more talented people and address its labor shortages, the ECCT said in its 2017 position paper.

It said Taiwan needs to speed up its major infrastructure projects and the approval process for drugs and medical devices.

A total of 143 issues were raised in the annual papers, including 87 unresolved matters from previous years and 57 new issues.    [FULL  STORY]

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