FACTBOX - Taiwan, China sign trade, transit deals

Tue Nov 4, 2008 8:01am GMT
 
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(Reuters) - Top officials from Taiwan and China signed deals on daily direct flights, new cargo routes and food safety Tuesday during Beijing's highest-level visit to its political rival in 60 years.

China negotiator Chen Yunlin and his Taiwan counterpart, P.K. Chiang, signed the following agreements to increase trade and tourism between the two longtime political rivals:

-- Daily direct China-Taiwan charter flights, up from Friday through Monday now and totalling 108 per week, to smooth passage for Taiwan investors in China and bring in more Taiwan-bound Chinese tourists

-- New, shorter direct Taiwan-China flight paths to save time (existing direct flights must detour through Hong Kong airspace for security reasons)

-- Sixteen new Chinese airports, in addition to the current five, that can accept direct flights to or from Taiwan

-- Sixty direct cargo flights per month between Taiwan and China, cutting out third countries or regions per the current practice mandated due to sovereignty concerns

-- A launch of direct sea cargo routes between 11 Taiwan ports and 63 China destinations, sparing costly detours, required due to sovereignty concerns, for Taiwan investors with China factories

-- An introduction of direct postal links between five Taiwan stations and eight China stations, reducing delivery time from the current seven to 10 days by sidestepping third countries

-- A framework to handle food safety issues by quickly notifying, removing and investigating tainted products, in light of China's contaminated milk powder scandal that has prompted product recalls around the world, including in Taiwan.

(Compiled by the Taipei Bureau)

 
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