The Taiwan Affairs Office of China’s State Council has rejected a proposal to renegotiate a service trade pact with Taiwan despite the strong public protests in Taipei over the deal, Global Times reported Wednesday.
Fan Liqing, a spokeswoman for the Office, was quoted as saying that “there is no precedent for renegotiations over signed deals.”
Her remarks came in response to a proposal made by Wang Yu-chi, Taiwan’s mainland affairs chief, that the two sides could launch an “urgent negotiation mechanism” under Term 8 of the service agreement and that they can renegotiate the controversial items.
China and Taiwan signed the Cross-Strait Services Trade Agreement in June 2013. If the agreement is ratified, the deal will open 80 service businesses in China to Taiwan entities and 64 Taiwanese sectors to mainland firms.
The service trade pact became a target of protest since late March when Taiwan’s ruling KMT regime announced plans to bypass a committee review and send the pact directly to the island’s legislature.
Protesters, comprising mainly students, have said they fear the service deal will help Beijing gain undue influence over the island’s economy.
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