Taiwan investments into india in Information Technology with Double Taxation Avoidance Agreement
Taiwan investments into india in Information Technology with Double Taxation Avoidance Agreement
Taiwan is keen to pump investments into India, particularly in the Information Technology sector, and hopes the Double Taxation Avoidance Agreement will be signed by the year-end to help in this regard. The East Asian nation, over which China lays its claim, also wants to contribute its expertise in agriculture and food processing in India besides encouraging Indian students to go for efficient but cost effective higher education in Taiwan. The Taiwanese Representative in India Wenchyi Ong said trade between India and his country is too meagre because of absence of political and diplomatic relations for long and emphasised the need to give a speedy push to this aspect. He said, the economies of India and Taiwan are highly compatible and both the sides have to try to push the economic ties in every way.
