China's new charm offensive towards Taiwan may provide a solution to both countries attempts to enter the International Grains Council (IGC), the monitoring body for world grain trade. The IGC has agreed to consult both parties to see if a solution can be achieved, following what was widely perceived as the failure of China to intimidate Taiwan by launching military exercises, just as the country had its first direct presidential elections. The IGC last month delayed discussions on the entry issues until the elections. President Lee Teng-hui's resounding victory however, demonstrated that Taiwan was still a sufficiently strong separate entity to be considered for individual entry. Yesterday, the IGC's 15-member executive committee opted to delay further Taiwan and China's entry, until a meeting on May 17, when both countries will have submitted possible solutions. Trade sources said China had adopted a more conciliatory stance towards Taiwan since the election, and it was possible the new climate in relations might allow a solution to be found. Under the IGC's convention, it cannot accept Taiwan, because the country is not recognised by the United Nations, however the IGC is keen to allow entry because it is a large importer of grains.