Taiwan Premier Su Tseng-chang said on Saturday he would resign, a week after losing the ruling Democratic Progressive Party's primary for the 2008 presidential elections.Su, who becomes the fifth premier to quit during the seven-year tenure of President Chen Shui-bian, assumed the post in 2006, replacing Frank Hsieh, who defeated him last weekend in the party's primary.
"To allow the president to strategize in the new environment, I am willing to cooperate and release myself and I have told this to the president and he has approved," Su told a news conference.
"Although I have given up my duties, I have not given up on Taiwan," Su said.
Read More