By: Huang Chiao-wen, Milly Lin and S.C. Chang
Taipei, Nov. 23 (CNA) Delegates to the 12th round of negotiations over a cross-
Taiwan Strait trade-in-goods agreement failed on Monday to narrow differences over several major issues, but Taiwan still hopes to “make a major progress” in the talks by the end of this year.
“Both negotiating teams have demonstrated their determination and sincerity,” reaching a number of consensuses, but differences remain over some issues, and the two sides decided to hold another round of talks in mid- or late December in Taipei, said Yang Jen-ni, director general of the Board of Foreign Trade and head of the Taiwanese negotiating team.
The agreement, if reached, would reduce or eliminate tariffs on many goods traded between the two sides, including automobile parts, machinery products, petrochemical products and display panels. [FULL STORY]