According to Taiwan export, import and trade information a number of steps are being taken in order to better overall efficiency of export procedures of Taiwan. It has been learnt that expenses involved in shipping goods and services from Taiwan would soon be done away with, at least to a significant extent. A number of direct cross and strait links would be set up as well in this regard. It has been learnt that from now on goods and services exported to China would not be subjected to taxation as a consequence of trade treaties between those two countries.
Recently Taiwan has signed an Economic Cooperation Framework Agreement with China in order to capture biggest market in world that is China proper. Even though this particular deal has attracted a certain amount of criticism from various quarters it has been defended by Yiin Chii-ming, finance minister of Taiwan.
He has reiterated that this Economic Cooperation Framework Agreement would enable Taiwan export, import and trade sector to perform to its fullest capability in context of global trade scenario.