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Taiwan, Philippines to study feasibility of economic pact

2012/07/22 16:36:11

Taipei, July 22 (CNA) Taiwan and the Philippines will conduct separate feasibility studies on a proposed bilateral economic partnership agreement, an official from Chung-Hua Institution for Economic Research (CIER) said Sunday.

Kristy Hsu, an associate research fellow at CIER, confirmed that the CIER's WTO Center in Taiwan will start the study soon.

Meanwhile, the Manila Economic and Cultural Office has reportedly signed a contract with the Philippines Institute for Development Studies to carry out an assessment of the proposed pact.

Hsu said CIER is also in charge of conducting feasibility studies on economic agreements with India, Indonesia and Malaysia.

(By Lin Hui-chun and Maia Huang)