The Impact Of Signing ECFA On Taiwan'S Textile Industry

2010/6/9 11:48:00 35

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If it can be signed between the two sides of the Taiwan Strait

ECFA

(Cross Strait Economic Cooperation Framework Agreement), to remove tariff barriers, it is expected that the value of Taiwan textile exports to China will grow by 25.1% or about 530 million US dollars, but it may also face non-tariff trade barriers, such as stricter certificate of origin.

As for the negative effects, we should not neglect that Chinese textiles are expected to be Taiwan.

Exit

The value will increase by 20.8%, about 160 million US dollars, and there will be up to 486 of the projects that still prohibit the import of textiles from China, but the opening time will be 5~15 years.

The Ministry of economic affairs of Taiwan has prepared more than 30 billion yuan for "trade liberalization".

industry

The structural adjustment fund, which provides funds for the affected manufacturers to assist in the pformation of the industry, is currently in the process of carrying out the demand survey and guidance plan for sensitive industries. It is believed that with the efforts of the government and industry, the interests can be maximized and the impact be minimized.