An interaction was held with a Taiwanese delegation from Prospects
Foundation at the VIF on 6 November 2013. The five member Taiwanese
delegation was led by Dr. Tzong-Ho Bau, Vice Chairman of the Foundation.
Dr Frances Chung, Deputy Representative, Taiwan Economic and Cultural
Centre, New Delhi was also present. Other members from Taiwan were Mr.
Yang Ming Sun, Vice President Prospects Foundation, Dr. Edward I-Hsin
Chen, Dr. Vincent Wen-Hsien Chen and Darren YH Chang.
Mr Ajit Doval, KC, Director VIF began the discussion by emphasizing
that relations between India and Taiwan has tremendous potential and the
two sides need to further enhance co-operation in various fields
particularly technology and trade. At present, the volume of India’s
trade and investments with Taiwan is not at an optimal level. Mr Doval
focused on Taiwan’s unique model of diplomacy where the thrust is on
conflict avoidance, especially with reference to its relations with
mainland China. Dr Tzong-Ho Bau deliberated upon Taiwan’s economic
integration with the ASEAN countries and on trade dependencies between
the Republic of China and People’s Republic of China.
The VIF faculty and the Taiwan delegation interacted closely on
issues such as internal stability in China, position of China’s economy,
progress of inner party democracy within the Chinese Communist Party
and prospects of democracy in China. Other pressing issues such as
US-China relations, Taiwan’s stance on the Trans Pacific Partnership
(TPP) and Regional Comprehensive Economic Partnership (RCEP) were also
discussed. Taiwan is more inclined towards joining RCEP as bulk of its
economic exports is with South East Asian countries. The Indian side
also shared their perspectives on broad contours of India-China
relations including the unresolved boundary issue and co-operation
between India and China at global forums like WTO and UN.
The two sides were unanimous in their view that India and Taiwan need
to bolster the level of their partnership with special emphasis on
signing a free trade agreement and exchanging reciprocal visits between
senior ministers of both countries. In the field of economy, the two
countries have a great potential for developing mutual benefits in the
IT, manufacturing, food processing and agricultural sectors. The
Taiwanese side was especially keen on increasing people to people
contact between India and Taiwan. They pointed out that India has the
potential of becoming a major tourist destination for Taiwanese tourists
but at present only about 10,000 of nearly 10 million Taiwanese foreign
tourists visit India. They were of the opinion that a Visa waiver
programme with India would accelerate the flow of Taiwanese tourists to
India. Taiwan desires that India includes it among the 40 countries to
whose citizens it is considering granting tourist visas on arrival.
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