Economy

Mainland, Taiwan start 3rd expert-level talks on economic pact

(Xinhua)
Updated: 2010-06-13 11:38

BEIJING -- Experts from the Chinese mainland and Taiwan Sunday started their third round of talks in Beijing to pave the way for a long-awaited pact to boost cross-Strait economic ties.

During the talks, the two sides will discuss the main content of the Economic Cooperation Framework Agreement (ECFA), and goods and services trade in the "early harvest program."

The ECFA is intended to normalize mainland-Taiwan economic ties and bring the two economies closer.

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The first round of talks took place in January in Beijing, and the second two months later in Taipei.

Fan Liqing, spokeswoman of the State Council's Taiwan Affairs Office, told a press conference Saturday that negotiations had made pronounced progress and were approaching completion.

Yang Yi, another spokesman of the same organization, was reported as saying in March that the two sides should work together to complete the pact in June.

Chiang Pin-kung, chairman of Taiwan's Straits Exchange Foundation (SEF), said on April 2 the SEF also hoped to see the signing of the ECFA by the end of June.