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China's industry chamber to apply to set up office in Taiwan

2012/04/26 22:47:22

Taipei, April 26 (CNA) The China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME) will soon submit its application to set up a representative office in Taiwan, Chinese Vice Minister of Commerce Jiang Yaoping said at the third meeting of the Cross-Strait Economic Cooperation Committee in New Taipei Thursday.

Following an application submitted to China by the Taiwan External Trade Development Council to set up an office in Shanghai, theCCCME will soon seek approval from Taiwan to establish an office here,said Jiang, who is China's top representative at the meeting.

The committee was set up as a platform for Taiwan and China to negotiate issues related to the bilateral Economic Cooperation Framework Agreement (ECFA) signed in June 2010.

Taiwan and China agreed in the committee's second meeting last November in the Chinese city of Hangzhou to allow nonprofit industrial associations to set up representative offices on both sides of the Taiwan Strait.

The meeting, which is held alternately in Taiwan and China every six months, focuses this time on reviewing the results that have been achieved under the ECFA, as well as trade in merchandise and services, investment protection, dispute settlement, industrial cooperation and customs cooperation.

(By Chen Hung-chin and Scully Hsiao)