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NOT COME ABOUT WITHOUT INTER-PARTY DISCUSSION AND IT WILL REQUIRE

THE CONSENSUS OF ALL THE PEOPLE BEFORE THE GOVERNMENT PROCEEDS.

THE PEOPLE SHOULD HAVE CONFIDENCE ON THIS POINT.'

5. HE ADDED THAT 'PARTICIPATING' IN THE UN IS A PRIME FOREIGN POLICY GOAL. IF TAIWAN PURSUES IT ACTIVELY, THE INTERNATIONAL COMMUNITY WILL CERTAINLY TAKE TAIWAN SERIOUSLY AND GIVE THE IDEA

DUE CONSIDERATION. 'WE INSIST THAT BEFORE UNIFICATION TAKES PLACE, THE ROC MUST HAVE A REASONABLE INTERNATIONAL STATUS', HE SAID.

6. VARIOUS OTHER OFFICIALS HAVE STRESSED THAT TAIPEI IS NOT IN A HURRY TO PURSUE UNIFICATION, AND THAT THERE ARE MAJOR OBSTACLES TO BE REMOVED BEFORE DIRECT TRADE CAN BE CONSIDERED.

7. BEFORE HIS DEPARTURE FOR SINGAPORE, CHEYNE CHIU MET LEADING INDUSTRIALISTS AND OUTLINED 15 ITEMS THE SEF PLANS TO RAISE WITH

ARATS IN SINGAPORE UNDER THE HEADING OF PROTECTING THE RIGHTS AND PROPERTY OF TAIWANESE BUSINESSES IN THE MAINLAND. CHINA HAS A SET

OF REGULATIONS GOVERNING TAIWANESE INVESTMENTS AND BUSINESS

ACTIVITIES. THE SEF WANTS THESE AMENDED AND USED AS THE BASIS FOR A BILATERAL AGREEMENT. CHIU SAID THAT HE WOULD PURSUE THE MATTER AND URGE THE PRC AT LEAST TO ENFORCE SOME OF THE ARTICLES AS THEY STAND. ACCORDING TO THE PRESS, THE 15 POINTS THE SEF WILL RAISE ARE:

A) CHINESE TAX INCENTIVES FOR TAIWANESE INVESTORS, WHICH DO NOT CLEARLY STIPULATE LEVELS FOR VARIOUS ADMINISTRATIVE CHARGES LEVIED BY THE AUTHORITIES. AS A RESULT, THEY VARY FROM PLACE TO PLACE. CHIU WANTS A FIXED TARIFF, CHE APPEARS TO BE IMPLYING THAT

TAIWANESE FIRMS SOMETIMES HAVE TO FORK OUT TOO MUCH IN BRIBES).

B) THE RIGHT OF COMPULSORY PURCHASE OF TAIWANESE COMPANIES. SEF OBJECTS TO COMPULSORY PURCHASE, BUT IF IT MUST CONCUR, COMPENSATION SHOULD BE SWIFT AND THERE SHOULD BE CONCRETE RULES FOR TYPES AND AMOUNTS OF COMPENSATION.

C) LACK OF PROVISIONS FOR COMPENSATING COMPANIES FOR LOSSES OR

DAMAGE RESULTING FROM WAR. SEF THINKS THERE SHOULD BE.

D) INVESTMENT SECURITY GUARANTEE: THERE IS NOTHING ABOUT THIS IN

THE RULES. SEF HOPES FOR A GUARANTEE THAT PRC ARMED FORCES OR THE

PUBLIC WILL NOT BLOCKADE OR SURROUND TAIWANESE FACTORIES OR

DESTROY THEM. THERE HAVE REPORTEDLY BEEN AT LEAST TWO CASES OF

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