Economic Cooperation Framework Agreement
E606386
The Economic Cooperation Framework Agreement is a landmark trade pact between China and Taiwan aimed at reducing tariffs and fostering closer economic integration across the Taiwan Strait.
Statements (32)
| Predicate | Object |
|---|---|
| instanceOf |
bilateral economic agreement
ⓘ
free trade–style agreement ⓘ trade agreement ⓘ |
| aim |
enhance cross‑Strait investment flows
ⓘ
foster closer economic integration between China and Taiwan ⓘ institutionalize cross‑Strait economic cooperation ⓘ promote cross‑Strait trade liberalization ⓘ reduce tariffs on goods traded across the Taiwan Strait ⓘ |
| controversy |
concerns in Taiwan about economic dependence on Mainland China
ⓘ
domestic political disputes in Taiwan over its impact ⓘ |
| covers |
investment
ⓘ
trade in goods ⓘ trade in services ⓘ |
| economicEffect |
facilitation of cross‑Strait trade flows
ⓘ
potential increase in cross‑Strait investment ⓘ |
| geopoliticalContext | cross‑Strait relations ⓘ |
| includes |
early harvest list for goods
ⓘ
early harvest list for services ⓘ tariff reduction measures ⓘ |
| language | Chinese ⓘ |
| objective |
create a framework for subsequent detailed agreements
ⓘ
increase competitiveness of cross‑Strait industries ⓘ |
| party |
Mainland China
NERFINISHED
ⓘ
Taiwan NERFINISHED ⓘ |
| politicalSensitivity | high ⓘ |
| region | Taiwan Strait NERFINISHED ⓘ |
| relatedTo |
cross‑Strait economic integration
ⓘ
regional trade liberalization in East Asia ⓘ |
| shortName | ECFA NERFINISHED ⓘ |
| signatory |
People's Republic of China
NERFINISHED
ⓘ
Republic of China (Taiwan) NERFINISHED ⓘ |
| typeOfTariffMeasure | preferential tariff reductions ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.