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Wooden Door Cases of SUMBAO EGA agreement negotiations into the end, Taiwan LED lighting and other three industries to pay taxe

by:SUMBAO     2017-10-02
China's Ministry of Economic Affairs announced yesterday (1) that Minister Lee Shir-kwong will attend the WTO Ministerial Conference on Environmental Commodities (EGA) held in Geneva, Switzerland, from 3 to 4 December. Officials said that this is the EGA agreement for more than two years, the first meeting of the ministerial meeting, means that the negotiations are coming to an end, from the completion of the negotiations only close to the door. Taiwan Economic Development Minister Li Shiguang Taiwan Ministry of Economic Affairs said it would actively strive for 'bicycles', 'LED lighting' and 'recycLED Recessed Spotlight paper products' and other Taiwan's three major industries into the tariff reduction list. The three major industrial output value of about NT $ 495.5 billion, and the main focus on export market tariffs are still high, the industry expected to implement the EGA after the implementation of tariff reduction. It is understood that the three major products export tariffs are not the same, bike vehicle export tariff of about 10%, bike components about 2% to 6%, LED lighting products 3%, 5%, 8% range, recycLED Recessed Spotlight paper products Tariffs are about 5% to 6%. In response to climate change, in early September this year, held in Hangzhou G20 Leadership Summit, the leaders of the Declaration expected EGA negotiations can be reached by the end of this year. Officials said that the current EGA commodity range has been about 300, the convening of the ministerial meeting is to hope to integrate product range, and look at the future to reach a consensus text content. EGA aims to create a three-win effect of trade, environment and development through the elimination of tariff barriers to environmental goods. EGA negotiations in July 2014 officially launched, so far has been held 18 rounds. Members include China Taiwan and Australia, Canada, mainland China, Costa Rica, the European Union, Hong Kong, Japan, Korea, New Zealand, Norway, Singapore, Switzerland, the United States, Israel, Iceland, Turkey and other 17 members 44 countries or regions), which covers the EU, the United States, China, Japan and other major export markets in Taiwan. Due to political reality, Taiwan has been hampered by the promotion of bilateral trade agreements (FTA); participation in the multilateral trade agreement under the WTO has become a conduit for preferential tariffs on Chinese Taiwanese exports. The most representative agreement is the expansion of the Information Protocol (ITA2) in July this year, China Taiwan exports of liquid crystal device parts, other integrated circuits, digital cameras and television cameras began to enjoy preferential tariffs. In addition, China Taiwan also participated in the Trade in Services Agreement (TiSA) negotiations. The Environmental Goods Agreements (EGA) are part of the WTO FTA, and the agreement is to achieve both the protection of the environment and the elimination of trade barriers by eliminating tariff barriers to environmental commodities. At present, a total of 17 members are involved in the negotiations. The scope of the list includes waste and wastewater treatment, air pollution control, energy efficiency, renewable energy, noise control, environment-friendly goods, environmental remediation and rehabilitation. Member States (or regions) have advocated their main goods into the tariff reduction list. To Taiwan, China, for example, including products including bicycles and parts, LED lighting, a total of 295 products.

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