Jun 14, 2008

Taiwan and China To Open Offices In Each Other's Territory

Talks between China and Taiwan have delivered more than anticipated. The agreement to open representative offices (to perform consular functions) in each other's territory is intriguing . It is also good to see an expansion in direct charter flights and increased tourism flows. These moves can only build confidence and increase economic integration. It should also create new commercial opportunities for New Zealand.

We think that China should suggest the negotiation of an economic partnership arrangement with Taiwan similar to those that have been negotiated between China, Hong Kong and Macao. Both China and Taiwan are separate customs territories under WTO law and the negotiation of such an agreement would have no implications for the sovereignty question.