fbpx

India – Taiwan Relations

  • IASbaba
  • March 26, 2021
  • 0
UPSC Articles
Print Friendly, PDF & Email

INTERNATIONAL/ GOVERNANCE

Topic:

  • GS-2: Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests. 

India – Taiwan Relations

Convergence 

  • Both countries have increasingly deepened mutual respect underpinned by openness, with democracy and diversity as the key principles for collective growth.
  • The shared faith in freedom, human rights, justice, and rule of law continues to embolden their partnership.

Potential for Improving the relationship are:

Economic Ties
  • India’s huge market provides Taiwan with investment opportunities. Taiwan’s reputation as the world leader in semiconductor and electronics complements India’s leadership in ITES (Information Technology-Enabled Services).
  • India’s recent strides in the ease of business ranking not only provide Taiwan with lucrative business opportunities but also help it mitigate its over-dependence on one country for investment opportunities.
Tourism
  • India and Taiwan need to deepen people-to-people connect.
  • Tourism is the key tool in this exchange.
  • The Buddhist pilgrimage tour needs better connectivity and visibility, in addition to showcasing incredible India’s diversity. This will accelerate the flow of Taiwanese tourists. 
  • With the Taiwan Tourism Bureau partnering with Mumbai Metro, Taiwan is trying to raise awareness about the country and increase the inflow of Indian tourists.
Healthcare
  • India’s has been in the forefront of the fight against COVID-19. 
  • Taiwan’s handling of the pandemic and its support to many other countries underlines the need to deepen healthcare cooperation. 
  • India and Taiwan already collaborate in the area of traditional medicine. The time is ripe to expand cooperation in the field of healthcare.
Air Pollution
  • Taiwan could be a valuable partner in dealing with this challenge through its bio-friendly technologies. 
  • Such methods are applied to convert agricultural waste into value-added and environmentally beneficial renewable energy or biochemicals. 
  • This will be a win-win situation as it will help in dealing with air pollution and also enhance farmers’ income. 
  • Further, New Delhi and Taipei can also undertake joint research and development initiatives in the field of organic farming.

Connecting the dots:

  • China-Taiwan Relationship
  • One Country Two System: It is a constitutional principle of the People’s Republic of China describing the governance of Hong Kong and Macau since they became Special Administrative Regions (SARs) of China in 1997 and 1999 respectively.

For a dedicated peer group, Motivation & Quick updates, Join our official telegram channel – https://t.me/IASbabaOfficialAccount

Search now.....