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U.S.-KOREA TRADE PACT TO HAVE ADVERSE IMPACT ON TAIWAN: MINISTER.

AsiaPulse News

| April 02, 2007 | COPYRIGHT 2007 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

TAIPEI, April 2 Asia Pulse - The imminent signing of a free trade agreement between the United States and South Korea will definitely have an adverse impact on Taiwan, which has been a major rival to South Korea in terms of industrial production and export trade, Minister of Economic Affairs Chen Ruey-long said Sunday.

It is certain that the U.S.-South Korea free trade pact -- expected to be signed shortly as bilateral talks are slated to wrap up by Monday -- will have an effect on Taiwan, although how much and to what extent remain to be seen, Chen said.

It is believed that the U.S.-South Korea agreement will have little impact on Taiwan's agriculture sector, though South Korea may increase its imports of U.S. agricultural products under the stipulations of the ...

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Source: HighBeam Research, U.S.-KOREA TRADE PACT TO HAVE ADVERSE IMPACT ON TAIWAN: MINISTER.

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