Taiwan and Japan Sign Investment Pact

By: Associated Press
By: Associated Press

TAIPEI, Taiwan (AP) --Taiwan's East Asia Relations Commission Chairman Peng Run-tsu signed the agreement Thursday with his Japanese counterpart Mitsuo Ohashi, who is chairman of the Japan Interchange Association.

The deal is not expected to draw protests from China.

Beijing claims sovereignty over the self-ruled island but has improved ties with its rival in recent years.

Last year, China signed a landmark deal to offer tariff cuts for hundreds of Taiwan-made goods.

Tokyo switched recognition from Taipei to Beijing in 1972.

(Copyright 2011 by The Associated Press. All Rights Reserved.)
AP-NY-09-22-11 0449EDT

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