HomeRegional GeopoliticsIndia facilitates, promotes interactions with Taiwan: MEA on Taiwan opening Taipei Economic...

India facilitates, promotes interactions with Taiwan: MEA on Taiwan opening Taipei Economic and Cultural Centre in Mumbai

Source : Asian News International (ANI)

India facilitates, promotes interactions with Taiwan: MEA on Taiwan opening Taipei Economic and Cultural Centre in Mumbai

India facilitates, promotes interactions with Taiwan: MEA on Taiwan opening Taipei Economic and Cultural Centre in Mumbai

New Delhi [India]: Ministry of External Affairs (MEA) Official Spokesperson Arindam Bagchi on Thursday said the Indian government’s policy on Taiwan is clear and consistent, and the government facilitates, promotes interactions in areas of trade, investment, tourism, culture, education and other such people to people contacts and exchanges.

The MEA official spokesperson was responding to a question on Taiwan opening the Taipei Economic and Cultural Centre in Mumbai.

“Our policy on Taiwan is clear and consistent. The government facilitates and promotes interactions in areas of trade, investment, tourism, culture, education and other such people-to-people contacts and exchanges. The opening of the Taipei Economic and Cultural Centre in Mumbai should be seen in that context,” Bagchi said during the MEA Weekly Briefing on Thursday.

Taiwan will be establishing the ‘Taipei Economic and Cultural Centre’ in Mumbai to expand mutually beneficial trade and investment opportunities between Taipei and New Delhi.

“In recent years, cooperation between Taiwan and India has witnessed significant progress in numerous domains, including economics and trade, science and technology, critical supply chains, culture, education, and traditional medicine. In light of this development, the Taiwan government will establish the Taipei Economic and Cultural Center (TECC) in Mumbai in order to further deepen exchanges and cooperation between the two countries,” the Ministry of Foreign Affairs, Taiwan stated.

In 2012, TECC was set up in Chennai, after which nearly 60 per cent of all Taiwanese businesses investing and opening factories in India have chosen to develop their operations in southern India.

The investments made by Taiwanese manufacturing industries have also benefitted Chennai and its surrounding areas. The establishment of the TECC in Mumbai is expected to have a similar effect in Western India, the release stated.

“India became the world’s fifth-largest economy in 2022 and becomes the most populous nation this year. With its enormous market and related business opportunities, India has emerged as a major investment destination for global enterprises. Mumbai is the largest city in India, serving as the country’s financial centre and boasting its largest port. Many countries have established consulates in Mumbai, including the United States, Japan, the United Kingdom, and Australia,” the Ministry added in the release.

According to the release, TECC in Mumbai will help expand mutually beneficial trade and investment opportunities between Taiwan and India. Under Taiwan’s New Southbound Policy, it will also promote exchanges and cooperation in science and technology, education, culture, and people-to-people ties between Taiwan and Western India.

Furthermore, the TECC in Mumbai will provide visa services, document authentication, and emergency assistance to businesspeople, tourists, and Taiwanese nationals in the states of Maharashtra, Goa, Gujarat, and Madhya Pradesh, as well as the union territory of Dadra and Nagar Haveli and Daman and Diu. (ANI) MEA on Taiwan opening Taipei Economic and Cultural Centre in Mumbai MEA on Taiwan opening Taipei Economic and Cultural Centre in Mumbai MEA on Taiwan opening Taipei Economic and Cultural Centre in Mumbai MEA on Taiwan opening Taipei Economic and Cultural Centre in Mumbai MEA on Taiwan opening Taipei Economic and Cultural Centre in Mumbai IgMp

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Aatmanirbhar Bharat

All

Thyssenkrupp Marine Systems: India can be a hub for making submarines in the APAC region, says Thyssenkrupp exec

India can be a submarine-making hub in the Asia Pacific region, said a top executive at Thyssenkrupp Marine Systems (TKMS), which claims to be...

DRDO: Made in India Netra, Pinaka Systems attract European, Southeast Asian interest

At the Eurosatory 2024 Defence Show in Paris, India's indigenous military technologies, including the Netra airborne early warning and control aircraft and the Pinaka...

AMCA 5th Generation Stealth Fighter Updates

AMCA to be integrated with sophisticated indigenous Distributed Aperture System (DAS) that making it a formidable air asset for the Indian Air Force

Source : IgMp Bureau India’s Advanced Medium Combat Aircraft (AMCA) is on the brink of a revolutionary transformation with the integration of a sophisticated Distributed...

AMCA to incorporate the best features of both 5th and 6th Generation fighters: ADA sources

Source : IgMp Bureau India's strides toward indigenous air dominance receive a substantial boost with the green signal for the Advanced Medium Combat Aircraft (AMCA)...

Most Popular

Recent Comments

Archive Months

Miscellanous

DRDO seeks an Industrial Partner for the development of crucial components of its indigenous Advanced MANPAD, the VSHORAD

Source : IgMp News Bulletin India's Defense Research and Development Organisation (DRDO) is inviting industry collaboration for a crucial component of its Advanced MANPAD (Man-Portable...

Israeli Defence Minister: Israeli Defence Minister meets with US Secretary of State

Israel's Minister of Defense Yoav Gallant hosted U.S. Secretary of State Antony Blinken in southern Israel. The Minister and Secretary visited Kibbutz Nir Oz,...

Lockheed, Raytheon to start developing HALO Hypersonic Anti-Ship Missile for US Navy

Source : The Defense Post Lockheed, Raytheon to start developing HALO Hypersonic Anti-Ship Missile for US Navy The US Navy has contracted Raytheon Missiles & Defense and Lockheed...

India inks vision document with Vietnam, to give $500 million defence Line of Credit

Source : Indo-Asian News Service (IANS)Indian Defence Minister Rajnath Singh with Defence Minister of Vietnam, General Phan Van Giang (Twitter)New Delhi: Planning to broadbase the...
Visits
error: Content is protected !!