Taiwan and China to sign a financial agreement for

The negotiations, held in Nanjing, China, 25-29 April, further warming ties with old enemies, ready to sign agreements that would facilitate business between the two countries, especially useful for the recession-Taiwan situation.

"There is no real significant differences between the two sides," said Shaw-Chang Maa, the Deputy Secretary with the authority to negotiate on Taiwan, after a meeting with Chinese Taipei, the third debate.

As the chairman of Taiwan Ma Ying-jeou took office in May last year, the China-friendly leader, the tensions with Beijing to facilitate trade and transit agreements signed last year in the negotiations

Topping the agenda for the next phase of negotiations is broad agreement on cooperation in the field of financial services. It will cover foreign currency clearing system between the Taiwan dollar and Chinese yuan, and mutual access to information on markets, including securities and futures, Taiwan top Chinese policy Lai Shin-Yuan told reporters.

Both sides are to increase direct flights per day, which began in December, which allow regular charter and scheduled flights, adding routes and destinations, Lai said.

Most of the past 60 years, direct flights are banned for safety reasons. However, 750,000 Taiwan investors live in China, lured a common language, and reduce labor costs.

"When the third round of negotiations to go smoothly, is more confident that the institutional dialogue, and this is important," Alexander Huang, professor of strategic studies Tamkang University in Taipei, he said. "You are still in the process of reconciliation and trust."

Taiwan and China, and accused each other of criminal investigation, authorities said, and expected to make an agreement with the manufacturing, service, and large infrastructure projects and the gradual opening of Taiwan investment in China should be addressed.

But both China and Taiwan by a top-shelf Official trade between the island's political issues during the last month, said that the focus of negotiations over economic.