Radio Taiwan International
Date: 2017-10-19
Taiwan has signed memoranda of understanding (MOU) on financial supervision cooperation with 13 supervisory agencies in nine target countries of the New Southbound policy. That’s the word from the head of the Financial Supervisory Commission (FSC), Peter Gu, on Thursday.
Gu was speaking at a Legislature meeting which also included the National Development Council and the economics ministry. The New Southbound policy aims to enhance cultural and economic ties with countries in South Asia and Southeast Asia, as well as Australia and New Zealand.
The MOUs signed so far are with Thailand, Singapore, the Philippines, Malaysia, Vietnam, Indonesia, India, New Zealand and Australia. Gu said one more country is likely to sign the same MOU by the end of the year. [FULL STORY]