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Cross-Strait Service Trade Agreement | |
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Type | Service Trade Agreement |
Signed | June 21, 2013 |
Location | Dong Jiao State Guest Hotel, Shanghai, China |
Ratified | Unratified |
Signatories | Chairman Lin Join-sane President Chen Deming |
Parties | Straits Exchange Foundation Association for Relations Across the Taiwan Straits |
Language | Mandarin (Putonghua and Guoyu) |
Full text | |
zh:海峽兩岸服務貿易協議 at Wikisource |
Cross-Strait Service Trade Agreement | |||||||||||||||||
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Traditional Chinese | 海峽兩岸服務貿易協議 | ||||||||||||||||
Simplified Chinese | 海峡两岸服务贸易协议 | ||||||||||||||||
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China portal |
The Cross-Strait Service Trade Agreement, commonly abbreviated CSSTA and sometimes alternatively translated Cross-Strait Agreement on Trade in Services, is a treaty between the People's Republic of China and the Republic of China (Taiwan) that was signed in June 2013. However, it was never ratified by the Taiwanese legislature due to opposition from the Sunflower Student Movement, which rejected the CSSTA on the grounds that the Kuomintang (KMT) leadership in Taiwan negotiated and attempted ratification of the treaty in an undemocratic way.
The treaty aimed to liberalize trade between the two economies in service industries such as banking, healthcare, tourism, film, telecommunications, and publishing.[1] The CSSTA was one of two planned follow-up treaties to the 2010 Economic Cooperation Framework Agreement. The other, the Cross-Strait Goods Trade Agreement, had not yet been negotiated.[2]