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Xinhuanet Says Taiwan Hopes to Leverage ECFA for Trade with ASEAN

Xinhuanet.com says that with the signing of the Economic Cooperation Framework Agreement (ECFA), Taiwanese businesses are hoping for better access to southeast Asian markets. The ECFA agreement reached on June 29 means the mainland and Taiwan will "gradually reduce and…

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remove trade and investment barriers and create a fair environment" for each other. The agreement also had a list of products and services for the "early harvest program." Tariffs on these goods and services will be reduced to zero within two years of implementation.