In 2002, the directors of the India-Taipei Association (ITA) and the Taipei Economic and Cultural Center (TECC) signed the Agreement on Promotion and Protection of Investment. In 2004, Taiwan began offering the Taiwan Scholarship and Mandarin Scholarship (National Huayu Enrichment Scholarship) to Indian students. Consequently, Deputy Minister of Economic Affairs of Taiwan was invited to attend the ‘Vibrant Gujarat’ conference in 2015. On the other hand, India could significantly reduce the deepening economic ties between China and Taiwan, a stated goal of the Tsai administration as part of her ‘New Southbound policy’. With nationalist governments in power in both countries, India and Taiwan should take concrete steps to foster cooperation in security, tourism and other areas, taking their relationship to new heights.

Source: dna August 20, 2017 02:48 UTC