l It is now official that China's Association for Relations Across the Taiwan Strait (ARATS) and Taiwan's Straits Exchange Foundation (SEF) will discuss the issue of setting up reciprocal liaison offices on the other side in the next round of institutional dialogue, likely by June. It will be the first cross-Strait summit since China completed its once-in-a decade power transition.
l Besides continuing with post-ECFA negotiations on, among other things, cross-Strait commodity trade, the establishment of liaison offices will be put on the agenda and considered a priority topic. Both sides appear motivated to conclude negotiations and have the offices operational, hopefully by yearend.
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