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Last updated: 09 Feb, 2017  

Taiwan.thmb.jpg Taiwan seeks more trade with ASEAN, India

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SME Times News Bureau | 09 Feb, 2017

As Taiwan adopts a new foreign policy, a women's parliamentary delegation from that country will visit India to engage with their counterparts here next week.

The delegation would tour the parliament complex on February 13, Taiwan's Representative to India Chung Kwang Tien said on Wednesday at an event to mark the first anniversary of the formation of the Taiwan-India Parliamentarians' Friendship Forum here.

Taiwan last year adopted the New Southbound Policy that seeks to engage proactively with six South Asian nations, including India, the 10 member states of the Association of Southeast Asian Nations (Asean), Australia and New Zealand.

Tien said that India was "not one of the, but the most" important country for this new policy of Taiwan.

He said that bilateral trade between India and Taiwan increased by five times from 2000 to reach $7 billion in 2014.

Stating that 1,143 Indian students were studying in Taiwan as of 2016, he said the East Asian nation, officially called the Republic of China, will offer scholarships to talented Indian students from this year.

Speaking on the occasion, Lok Sabha MP from Sikkim P.D. Rai said that there were a lot of things in common between India and Taiwan.

He said that if the two countries engaged with each other more actively, the bilateral trade figure of $7 billion could be easily surpassed.

 
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