April 23, 2013 — The bilateral fisheries pact allows Taiwanese trawlers to operate in part of Japan’s exclusive economic zone near the Senkaku Islands, which are claimed as the Tiaoyutai in Taiwan and Diaoyu in China.
Both sides agreed to set up a joint fishing committee to continue negotiations on lingering disagreement, including fishing in other waters surrounding the Senkakus as well as near the Yaeyama Islands in the southernmost part of the Ryukyu Archipelago.
The new pact establishes a platform for handling fisheries issues between Taiwan and Japan and sets a precedent for other talks between the two governments, which share close economic and cultural relations despite the absence of official diplomatic ties.
Read the full story at the Japan Times