India a rising power, our companies eager to invest in India: Foreign Minister of Taiwan

image : twitter

Taipei, 28 June 2023, Wednesday

The rift between China and Taiwan is not hidden from the world. China has also threatened military action against Taiwan hundreds of times considering it as its own part.

Taiwan, however, has been trying for the last few years to come closer to India. Taiwan's Foreign Minister Joushih Wu has now made a statement that China's stomach is sure to get inflamed.

Wu has said that due to the free trade agreement between Taiwan and India, Taiwanese companies will get a huge incentive to invest in India. We are encouraging Taiwanese companies who find the Chinese market unprofitable to invest and produce in India. India has one of the fastest growing economies in the world and India is moving towards economic development.

He said that due to the free trade agreement between India and Taiwan, Taiwanese companies will be helped to open their production units in India without paying more duties or taxes.

Notably, Taiwan produces 70 percent of the world's semiconductors and more than 90 percent of chips. Which is indispensable for any electronic device from airplanes. On the other hand, India has signed an agreement with Taiwan Semiconductor Manufacturing Corporation, a Taiwanese company and the world's largest chip maker. Under which the production facility is to be set up in India.

Taiwan's foreign minister said that the time has come for talks on a free trade agreement between Taipei and New Delhi. Our trade relations are gaining momentum. Taiwanese investors are eager to invest in India. India is an emerging power in the world. The hard work of the people of India cannot be underestimated. India is going to become very powerful.

Comments

Post a Comment

Popular posts from this blog

A community that has mastered monkey hunting for centuries, there are now only 150 people left

Image
Kathmandu, June 17, 2023, Saturday A community called Raute living in Nepal for centuries is on the verge of extinction. Today only 150 people of this tribe are left. The central mountainous region in Nepal is considered their home. which is near the Himalayas and the southern Terai plains of Nepal. The Raute people live in temporary houses covered with cloth over wood. However, since they live completely cut off from the rest of the world, it becomes difficult to find their abode. The men of the Raute community are adept at hunting monkeys. Once they have followed a monkey, they do not return without hunting. The Raute people sit around a fire at night in winter. What is new is that they consider it a sin to grow seeds in the soil, so instead of farming, they use the grains found naturally in the forest as food. Every day women and children bring grain bearing plants and extract grains from them. They also eat fruits and vegetables that grow naturally. This nomadic species does no
Read more

A four-pronged attack by nature in America: first fires, then cyclones, heavy rains, floods and earthquakes

Image
- There are rumors of avian landings, but many are fast asleep - After Canada and Hawaiian Islands, the U.S. There are forest fires in the state, fires in California too, earthquakes after cyclones New York: Nature seems to be at its mercy over America. After Hawaiian Islands and Canada, the forests of Washington state in the north-west of America are on fire, while the cyclone 'tornado' has destroyed food in California. Earthquake tremors have rocked California ever since. Even in Hollywood, heaven on earth, everyone has become fearful. Cyclone 'Heavy' struck over Cape Bani California, south of this cyclonic storm. This long promontory, part of Meshiko, is almost devoid of people. Juj people live by grazing sheep and goats. The entire cape is mountainous. Its western slope towards the Pacific is almost uninhabited, and there are rumors of 'aliens' landing there. Due to heavy rain in Tewa, it has also come out that the mountains are collapsing there. An ear
Read more

Israel-Hamas Conflict: Threat of World War III

Image
- The countries of the world are dividing into two parts: China-Russia Vs. America-Europe lobby - Yemen's Houthi rebels' missile, drone attacks thwarted by US Navy: major disaster in Israel averted - Russian fighter jets deployed in the Black Sea against US Navy ships in the Mediterranean Tel Aviv: The war that started between Hamas and Israel is still going on after a fortnight and there is no telling when it will end. In such a situation, new fronts of war against Israel are opening one after another. Amidst these attacks on Israel, the world is dividing into two. America has openly supported Israel while now Hamas has reached out to Russia. The US has landed two warships in the Mediterranean to help Israel, while Russia has deployed fighter jets armed with destructive missiles in the Black Sea. Thus, there is a fear that the world is on the verge of a great war. After the October 7 terrorist attack by Hamas in southern Israel, Hezbollah terrorists from Lebanon have laun
Read more