Is Economic Cooperation Framework Agreement the Threshold of Sustainable Development for Taiwan’s Industries?

Abstract

Taiwan and the PRC signed the Economic Cooperation Framework Agreement (ECFA) on 29th June, 2010. From 2008 to 2013, while the two parties were signing ECFA, Straits Exchange Foundation (SEF) and Association for Relations across the Taiwan Straits (ARATS) discontinuously held nine meetings in total and signed nineteen agreements and one mutual declaration. The key points which influence the sustainable development of Taiwan's industries are the early harvest list and the agreement on servicing trade markets on both sides, and the related standard of cooperation with financial institutions.