Under The Radar News 03.26.12

Posted on Tuesday, March 27, 2012 by Ai-Shan Lu

A weekly compilation of events in Asia.

  • Taiwan will reportedly lift barriers on public infrastructure development by Chinese investors. The plan could go into effect as early as at the end of March. The main opposition party—Democratic Progressive Party (DPP), however, criticized the government’s plan, highlighting that China is not yet a member of the World Trade Organization’s Government Procurement Agreement (WTO-GPA) and has poor labor practices and standards that could expose Taiwan to many risks.

  • According to Hanoi’s Party Secretary Pham Quang Nghi, the Communist Party of Vietnam will implement a vote of confidence on officials in state agencies to assess their prestige and qualification. Mr. Nghi believes that this mechanism could supervise personal asset declaration of party members so as to curb corruption.

  • On March 22, the Japanese government concluded negotiations on a trilateral investment accord with China and South Korea with the aim to sign the agreement at a summit in Beijing in mid-May. The trilateral accord reportedly includes provisions concerning the protection of intellectual property rights and a prohibition on demanding technology transfer.

  • Dr. Kao Kim Hourn, secretary of state of Cambodia's Ministry of Foreign Affairs and International Cooperation, reportedly stated that the country would strengthen its comprehensive cooperation with China.

  • On March 23, Indian Prime Minister Manmohan Singh announced a reform of the nation’s gas pricing policy to stimulate natural gas production. New Delhi has also invested in the creation of large-gasification facilities in a bid to cater to the growing demand for gas.

  • On March 25, the 1,200-member Election Committee declared the former convener of the Executive Council, Leung Chun-ying, as the new Chief Executive of Hong Kong. In his victory speech, Leung pledged to maintain the freedoms and rights Hong Kong people enjoy today.

  • Indonesian President Susilo Bambang Yudhoyono, who served in United Nations (UN) forces in Bosnia, announced that Indonesia will provide UN peacekeeping forces with three Russian-made Mi-17 transport helicopters after meeting with UN Secretary General Ban Ki-moon on March 20.
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