Taiwanese Legislators engage with Indian MPs & business leaders
Adelegation of Members of Parliament from Taiwan, led by Bi-Ling Kuan, Legislator and President of Taiwan-India Parliamentary Association visited India in February 2017. The delegation members included Legislators Man-li Chen; Yu-chin Wu; Ambassador Chung Kwang Tien, Representative of Taipei Economic and Cultural Centre and senior officers. This was the first women's parliamentary delegation to India since the new government of ROC (Taiwan) took charge in Taipei in 2016. FICCI organised an interaction with the delegation on February 14, 2017 with Members of Parliament from India and senior representatives of industry. The discussion was chaired by K K Modi, Past President, FICCI and Chairman, Modi Enterprises. He said that India and Taiwan shared good relations especially since 1990 including strengthening of economic and people-to-people exchanges. He highlighted Taiwan's expertise in information technology, electronics and education as key areas of collaboration.
Ambassador Chung Kwan Tien mentioned that India was an important partner for Taiwan to take up joint projects in various sectors. He mentioned four key areas in India-Taiwan partnership as economic cooperation, sharing of experience, educational cooperation and closer regional linkages.
Legislator Bi-Ling Kuan appreciated the partnership between Taiwan and India and said that it symbolised a tree which grows and flourishes with time. She mentioned the expanding focus of Taiwan to key Asian markets, including India and added that FICCI could be the bridge to connect Taiwan and India and create additional opportunities for the business community of the two sides.
Harish Chandra Meena, MP, BJP, had led a delegation of Indian Members of Parliament to Taiwan in August 2016. During the visit, the MPs had interacted with senior legislators in Taiwan and discussed the robust economic relations between India and Taiwan and the way forward, especially in new areas of cooperation. He highlighted trade (India offers a big market), tourism (Indian tourism is vibrant and offers huge opportunities) and education (Taiwan has quality and scientific education which India can learn from) as potential areas of cooperation between India and Taiwan.
He mentioned the need for banking and financial links and cooperation in hospitality sector and added that India enjoys a special relationship between East and West Asia and can act as a facilitator for trade.
P.D Rai, MP, Sikkim Democratic Front, mentioned that Taiwan had very high quality of R&D. Hence, collaborations must be intensified in the areas of robotics, artificial intelligence and genomics.
Rahul Kaswan, MP, BJP, focused on capacity building and said that the 'Skill India' programme of the Government of India should be one of the areas of partnership.
R Radhakrishnan, MP, All India N R Congress, and erstwhile speaker of the Union Territory of Puducherry Assembly, said that Taiwan was one of the oldest manufacturing and trading societies. He suggested collaboration between think tanks of the two countries so that best minds can come together to identify and propose future areas of cooperation.
Other points of discussion
Bilateral trade between India and Taiwan increased five times since 2000 to reach USD 7 billion in 2014. Taiwanese investments are also rising in India across sectors including steel, telecom and information technology Both sides have expanded educational exchanges after a mutual degree recognition agreement in higher education that was signed in 2010 Tsai, President of RoC (Taiwan), emphasised on deepening ties with South Asia and Southeast Asia - as a part of her 'New Southbound Policy'
There is a need to explore cooperation in the areas of robotics, geonomics and artificial intelligence Bilateral Investment Agreement (2002) needed to be updated and there is a need to speed up the process of negotiation so that the agreement adheres to the new policy environment A regular interactive mechanism to exchange ideas was required
Taiwanese Legislator, Imdian MP’s and industry leaders.