{"id":210537,"date":"2022-10-14T20:42:02","date_gmt":"2022-10-14T15:12:02","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=210537"},"modified":"2022-10-14T20:42:02","modified_gmt":"2022-10-14T15:12:02","slug":"7-ways-to-tango-with-taiwan","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/7-ways-to-tango-with-taiwan\/","title":{"rendered":"7 ways to tango with Taiwan"},"content":{"rendered":"

Source<\/strong>– The post is based on the article \u201c7 ways to tango with Taiwan\u201d <\/strong>published in The Times of India <\/strong>on 14th October 2022<\/strong>.<\/p>\n

Syllabus: <\/strong>GS2- International Relations<\/p>\n

Relevance<\/strong>– Strengthening of ties between India and Taiwan.<\/p>\n

News-<\/strong> The article explains the steps needed to be taken by India to improve its relationship with Taiwan.<\/p>\n

Recently Taiwanese semiconductor giant Foxconn partnered with Vedanta to invest 1.54 lakh crore toward semiconductor manufacturing.<\/p>\n

Why does Taiwan want a close relationship with India?<\/strong><\/p>\n

Economic ties are important. But we cannot ignore the geopolitical environment<\/strong>. Taiwan wants other nations especially in the Indo-Pacific to display friendship towards.<\/p>\n

Both India and Taiwan are democracies. Both are also facing Chinese aggression.<\/strong><\/p>\n

What is the way forward for improving ties?<\/strong>[Text Wrapping Break]Take a stand<\/strong>– We need to take a stand on issues concerning Taiwan. Foreign Ministry comment on tension in Taiwan strait was well received by Taiwan.<\/p>\n

Open more Taiwan centres<\/strong>– Government should permit Taiwan to set up an office of Taipei Economic and Cultural Centre in MUmbai . These types of centres will lead to more investment in India.<\/p>\n

Legislators visit<\/strong>– We should send a multi-party delegation to Taiwan. Other countries like the US, Japan send these types of delegations.<\/p>\n

Civil society engagement<\/strong>– There is a need for more non-state exchanges with Taiwan. India will be benefitted by Taiwan’s deep understanding of communist China.<\/p>\n

Focus on supply chain<\/strong>– Taiwan is looking for India’s help in building a resilient supply chain. India should set up a single window mechanism for firms interested in investment. State government should set up sherpa for every major investment by Taiwanese firms.<\/p>\n

India-Taiwan FTA<\/strong>– Both countries should conclude a free trade agreement between them. The bilateral trade was around $7 billion in 2021. Studies show that there is great scope for FTA between two countries.<\/p>\n

Moe scholars exchange<\/strong>– Both countries should increase scholarly exchange between them. There is a programme that enables academic institutions in Taiwan to send Chinese language teachers to India. It must be expanded.<\/p>\n","protected":false},"excerpt":{"rendered":"

Source– The post is based on the article \u201c7 ways to tango with Taiwan\u201d published in The Times of India on 14th October 2022. Syllabus: GS2- International Relations Relevance– Strengthening of ties between India and Taiwan. News- The article explains the steps needed to be taken by India to improve its relationship with Taiwan. Recently… Continue reading 7 ways to tango with Taiwan<\/span><\/a><\/p>\n","protected":false},"author":10320,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1230,9],"tags":[212,10496],"class_list":["post-210537","post","type-post","status-publish","format-standard","hentry","category-9-pm-daily-articles","category-public","tag-gs-paper-2","tag-times-of-india","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704952109},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/210537","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10320"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=210537"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/210537\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=210537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=210537"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=210537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}