By Miao Tsung-han and Lilian Wu
Taipei, June 15 (CNA) Executives of several government financial institutions will not attend a cross-
strait financial forum in the wake of Panama’s decision to switch diplomatic recognition from Taiwan to China, a local newspaper reported Thursday.
The Economic Daily News said that following Panama’s defection on Tuesday, the government has instructed the Taiwan Financial Services Roundtable (TFSR) not to attend the forum scheduled to be held in Xiamen on Sunday.
The TFSR, an organization set up in 2005 under the guidance of the Financial Supervisory Commission, is one of the four co-sponsors of the forum. The other three are Beijing-based Financial News, Xiamen City government and the economic bureau under the Taiwan Affairs Office.
Those that have withdrawn include Shih Jun-ji (施俊吉), TFSR board chairman and Taiwan Stock Exchange chairman; Wu Tang-chieh (吳當傑), TFSR secretary-general and Hua Nan Financial Holdings chairman; and Kuei Hsien-nung (桂先農), chairman of Taiwan Insurance Institute. [FULL STORY]