Taiwan could be further isolated if Japan, EU sign FTA, expert warns

Focus Taiwan
Date: 2017/06/25
By: Yang Shu-min and S.C. Chang

Taipei, June 25 (CNA) An industry leader expressed worry on Sunday that Taiwan could be further

File photo

isolated and more of its businesses forced to move overseas if a reported free trade agreement (FTA) between Japan and Europe becomes a reality.

Tsai Lien-sheng (蔡練生), secretary general of the Taipei-based Chinese National Federation of Industries (CNFI), said there is little chance that Japan would help Taiwan integrate into the global trading system after it signs an FTA with Europe, as reported by the New York Times (NYT) and local media.

A United Evening News report cited the NYT as reporting that such an agreement, in part aimed at countering rising protectionism in the United States led by President Donald Trump, could be inked within the coming week at the earliest.

As Taiwanese products often have to compete with their Japanese counterparts globally, some local academics see the upcoming Japan-EU FTA as likely to have an adverse impact on Taiwan.

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