Taiwan-India ties ready to take offBy Sumit KumarThe State Bank of India has raised US$300 million from the Taiwanese market through a maiden issue of Formosa bonds at a coupon rate of 2.49 percent. Now, India has taken several bold initiatives to openly acknowledge its ties with Taiwan. It is not a coincidence that India has inched toward enhancing ties with Taiwan. It is equally important that India not merely see ties with Taiwan through a bilateral lens, but from a broader perspective. Enhanced economic ties between the countries would prove to be crucial in building robust global supply chains outside of China.

Source: Taipei Times January 24, 2022 16:25 UTC