Taiwan would rather not join AIIB if sovereignty compromised: MOF

Focus Taiwan
Date: 2015/06/30
By: Wei Shu, Lu Hsin-hui, Tseng Ying-yu and S.C. Chang

Taipei, June 30 (CNA) The Ministry of Finance (MOF) said Tuesday that Taiwan would

Juan Chao- hsiung (阮昭雄), right.

Juan Chao- hsiung (阮昭雄), right.

rather not join the Asian Infrastructure Development Bank (AIIB) if its national sovereignty would be compromised by doing so, as some media reports have indicated.

The MOF made the statement in the wake of reports that China, which is leading the establishment of the AIIB, has changed a rule for accepting members who do not enjoy national sovereignty or cannot take responsibility for their international relations behavior.

The opposition Democratic Progressive Party’s spokesman, Juan Chao- hsiung (阮昭雄), said that some international media see the rule as designed specifically for Taiwan, Hong Kong and Macau, “apparently aimed at downgrading Taiwan’s international status.”

He urged the government to make a thorough report to the Legislature before presenting its application for joining the AIIB so that the lawmakers will have a chance to fully discuss the issue.     [FULL  STORY]

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