Taiwan looks to fast-track FTA talks with India, eyes higher tech exports

Taiwan looking for higher tech, precision tools exports; India wants OEMs to set up shop here

Overall, import growth hasn’t touched double-digit figures since October and the monthly trade deficit came in at $15.33 billion, up from $10.89 billion in March
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With an eye on carving out a larger share of the Indian tech products and precision tools market, Taiwan is looking to fast-track discussions on a trade deal with India.   “Talks are on and we expect things to move quickly after the bilateral investment promotion agreement was signed last year. We look forward to the prospects of a free trade agreement (FTA),” James C F Huang, chairman of the Taiwan External Trade Development Council (TAITRA), said, on the sidelines of the Taiwan Expo 2019.   New Delhi had hitherto decided against vigorously pursuing investments from ...