Taiwan and the Economic Cooperation Framework Agreement (ECFA)
The relationship between Taiwan and China has entered a new era with the implementation of the Economic Cooperation Framework Agreement (ECFA). The agreement, signed on June 29, 2010, took effect on September 12, 2010. The pact seeks to normalize trade relations between Taiwan and China and paves the way for further talks between two sides of the Taiwan Strait on trade related matters. The agreement also presents a new opportunity for peaceful development in the Asia-Pacific Region.
