The mainland-based Association for Relations Across the Taiwan Straits (ARATS) President Chen Yunlin (Front R) and the Taiwan-based Straits Exchange Foundation (SEF) Chairman Chiang Pin-kung (Front L) signed three agreements in Nanjing, East China's Jiangsu Province, April 26, 2009. [Xinhua]

Chen Yunlin, president of the mainland-based Association for Relations Across the Taiwan Straits (ARATS), and Chiang Pin-kung, chairman of the Taiwan-based Straits Exchange Foundation (SEF), signed these agreements in Nanjing, capital of east China's Jiangsu Province.

Under the fresh agreements, the two sides will launch regular passenger and cargo flights across the Taiwan Strait, which indicates the normalization of cross-Strait air transport service.

Before, direct cross-Strait flight services were only provided on weekends and during four major traditional festivals.

In addition to the current 21 terminals, the mainland will open another six, including Hefei, Harbin, Nanchang, Guiyang, Ningbo and Jinan for direct passenger flights. Taiwan has eight terminals.

The number of flights will increase to 270 every week from the current 108, according to the agreement.

Under the agreement on financial cooperation, the two sides agreed to boost mainland investment in the island and facilitate financial institutions to set up branches on each other's side.

The mainland and Taiwan will continue to discuss issues concerning market access of financial institutions on the either side, the agreement stated.

According to the agreement on mutual assistance in criminal matters, the two sides will collaborate in civil and criminal fields and take measures to jointly crack down on crimes, with a special focus on major crimes involving kidnapping, weapons, drugs and human trafficking, and cross-Strait organized crimes.

Economic cases of fraud, money laundering, forging or falsifying currencies, and securities, would also be targeted, according to the agreement.

The two sides agreed to exchange crime-related information and help each other investigate cases and collect evidence. Each side is also responsible for helping the other to identify witnesses, seize and repatriate criminals and suspects.

By January 2007, the Chinese mainland and Taiwan had returned to the other side 38,936 criminals, criminal suspects and people guilty of illegal entry since 1990, when the Kinmen Agreement was signed between Red Cross organizations across the Taiwan Strait.

The three agreements are: "The Agreement on Cross-Strait Air Traffic Supply", "The Agreement on Cross-Strait Financial Cooperation" and "The Agreement on Cross-Strait Mutual Assistance in Cracking Down on Crimes".

ChinaDaily Mobile News