
Taiwan can help India reduce trade deficit with China: Taiwanese Deputy NSA
The Hindu
Taiwanese Deputy National Security Advisor discusses potential trade deal with India to boost investment and reduce trade deficit.
Taiwan can help India reduce its import of electronic components from China and the best way to expand the economic engagement would be to firm up a free trade pact, Taiwanese Deputy National Security Advisor Hsu Szu-Chien said on Thursday (March 20, 2025).
In an exclusive interview to PTI, Mr. Hsu said a trade deal will pave the way for greater investment in India by Taiwanese companies in the semiconductor and other high-technology sectors as it will help to bring down the "high tariff" regime.
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The Taiwanese Deputy National Security Advisor was in the national capital primarily to participate in the Raisina Dialogue, India's flagship conference on geopolitics.
Mr. Hsu said there can be a match-making between technology of Taiwan and India's demographic dividends to produce high-end technology components in India that will help New Delhi cut its imports from China.
It is learnt that he also held closed-door meetings with his Indian interlocutors on ways to expand the overall India-Taiwan relations.
"I think there's great potential for the relations to expand, especially on economic cooperation," Mr. Hsu said.