OTHER TRADE AGREEMENTS

X. OTHER TRADE AGREEMENTS

221. In response to questions from some members of the Working Party, the representative of Chinese Taipei stated that Chinese Taipei was not a party to any trade agreement which provided for the granting of preferences to trade in goods and/or services.

Agreement on Trade in Civil Aircraft

222. In response to questions concerning the aerospace sector, the representative of Chinese Taipei said that its aerospace industry did not presently have the capability to assemble civil aircraft or compete internationally. Chinese Taipei did not provide any subsidies specifically for the aerospace industry. Some members of the Working Party said that a modern and sophisticated economy such as Chinese Taipei, which was also a major participant in the globalization of the world's aeronautics and space industry, should accept the Agreement on Trade in Civil Aircraft upon accession to the WTO. They further added that due to the advanced state of the industrial development of Chinese Taipei and the plans to expand the aircraft and components industry, the acceptance by Chinese Taipei of the Agreement on Trade in Civil Aircraft was a prerequisite to accession to the WTO.

223. The representative of Chinese Taipei stated that Chinese Taipei would become a signatory to the Agreement on Trade in Civil Aircraft at the same time that it acceded to the WTO.