양안 경제협력기본협정의 현황과 시사점 = Study for Implications and Prospects of Economic Cooperation Framework Agreement in Cross-strait relations

다국어 초록 (Multilingual Abstract)

The Economic Cooperation Framework Agreement (abbreviated ECFA) is a preferential trade agreement between the governments of the People`s Republic of China (mainland China and the Republic of China (Taiwan) that aims to reduce tariffs and commercial barriers between the two sides. The pact, signed on June 29, 2010, in Chongqing, was seen as the most significant agreement since the two sides split after the Chinese Civil War in 1949 It will boost the current US$110 billion bilateral trade between both sides. The government of the People`s Republic of China uses its influence on neighboring economic powers to prevent them from signing free-trade agreements (FTAs) with Taiwan. Instead, under the leadership of the Kuomintang, Taipei was motivated to sign the ECFA with mainland China partly in hope that once it has this agreement the PRC will stop pressuring other countries to avoid such agreements with Taiwan. ECFA has been compared with the Closer Economic Partnership Arrangements that mainland China signed with Special Administrative Regions Hong Kong and Macau. In this paper, a signed first ECFA reason to explain the background and meaning of the implications will be discussed. The following are the main contents of the ECFA something really beneficial to anyone specifically look something ECFA. ECFA`s challenges and our response analysis of concrete about the future of bilateral ECFA between the specific case of fermentation, we examined the response strategies.