Cross-Straits agreement to boost ties

HONG KONG - An economic cooperation framework agreement (ECFA) between Taiwan and the mainland will mean much more than lower tariffs, Taiwan Stock Exchange Corp (TWSE) Chairman Schive Chi told China Daily in an exclusive interview.

"Market attention has been focusing on the features of a traditional trade pact, which places emphasis on removing tax barriers on merchandise trading and hindrances to capital movement," Chi said of the ongoing efforts by both sides of the Taiwan Straits to reach an ECFA.

Chi's comments came as the Taiwan Stock Exchange and Masterlink Securities Corporation jointly hosted the Taiwan Tech Leadership Forum 2010 in Shanghai on Wednesday and Thursday.