Industrial Cooperation Framework Agreement

The Framework Agreement on Economic Cooperation (CEF) is a preferential trade agreement between the governments of the People`s Republic of China (continental China, generally « China ») and the Republic of China (called « Taiwan »), which aims to remove tariffs and barriers to trade between the two parties. The pact, signed in Chongqing on 29 June 2010[2][2], was considered the most important since the split of the two sides after the Chinese civil war in 1949, with neither government recognizing the other government as « country ». [3] It was expected to boost bilateral trade by $197.28 billion between the two parties at the time. [4] The negotiation process took place in several cycles. As part of the 4th round of discussions on SEF-ARATS, held in December 2009, substantial but informal discussions were initially held on the ECFA. During this period, delegates for China and Taiwan set the framework for the first round of ECFA discussions[12] held in Beijing on January 26, 2010. Kao Koong-lian, Secretary General and Vice-President of the Straits Exchange Foundation (Sef), led the 13-member Taiwan delegation, while Zheng Lizhong, Vice President of the Association for Relations Across the Taiwan Straits (ARATS), represented China`s interests. [13] The subsequent ECFA discussions took place in Taipei on 31 March 2010 and in Beijing on 13 June 2010. [13] [14] The final agreement was signed during the 5th round of the SEF-ARATS talks on 29 June 2010 in Chongqing.

[1] [15] Chiang Pin-kung, president of the Taiwanese SEF, represented Taiwan. [16] [17] Chen Yunlin, the president of ARATS, represented mainland China. [1] [18] Taiwan`s executive yuan approved the ECFA on July 2, 2010[19] and the Legislative Yuan (Parliament) approved the agreement on August 17, meaning that the agreement became law on January 1, 2011. [20] The ECFA came into force on September 12, 2010. [21] [22] Tens of thousands of people took to the streets to protest the signing of the ECFA, which would stimulate two-way trade organized by the Sunflower Student Movement, a grassroots movement that had the general support of the Taiwan opposition Democratic Progress Party but was not led by it. [37] A DPP spokesman said that the trade agreement with China would harm the local economy and undermine Taiwan`s sovereignty because it was against the one China market concept. [38] President Ma Ying-jeou replied that the signing would not result in a single China deal. [39] LIMA, 30 November 2013 – The United Nations Industrial Development Organization (UNUDI) and Burkina Faso today signed a framework agreement for cooperation between countries. The programme will focus on the development of agribusiness, including food processing; Investment support the development of small and medium-sized enterprises and job creation; Industrial policy; Energy and environmental management. UNIDO`s interventions aim to help Burkina Faso carry out targeted projects for its industrial development.