China's minister of Commerce Chen Deming. (File photo/Xinhua)
Taiwan has been vying to keep a prominent position in Asia as it is gradually ignored during the diplomatic tug of war among China, Korea and Japan, our sister newspaper Want Daily reported on Nov. 30.
The Ministry of Economic Affairs signed a memorandum for industrial cooperation with Japanese counterparts on Nov. 29. While another agreement for electronic commerce between Taiwan and Japan is on the way, the ministry said that it will seek more potential connections, agreements and cooperation with Japan.
Under the recently signed memorandum, wind and solar power, electronic vehicles, the LED industry, hand tools, mechanic parts, electronic equipment, digital equipment, medicine, information technology and electronic commerce will be focused and highlighted. Electronic commerce in particular will be the focus of further agreements between Taiwan and Japan.
Taiwan's Bureau of Foreign Trade said on Nov. 29 that China, Korea and Japan have decided to begin talks over the potential free trade agreement early next year, so it will help speed up and finish the talks for economic partnership with the Association of Southeast Asian Nations members in 2015.
China's minister of Commerce Chen Deming said in public during the 18th National Congress that ASEAN will not accept any application for new members before the talks for the economic partnership are complete, ruling out the nation trying to keep up with the flurry of trade progressing between countries in the strengthening region.
Chen Deming 陳德銘