Thursday, Apr 25 2024 | Time 20:29 Hrs(IST)
image
Business EconomyPosted at: Jun 16 2016 6:19PM


Taiwan seeks revival of FTA talks with India

New Delhi, Jun 16 (UNI) Taipei Economic and Cultural Centre in India representative Chung-Kwang Tien today announced that Taiwan would want to revive the possibilities of working out free trade agreement with India for which a feasibility study was conducted three years ago.
Immediately after witnessing the signing of a protocol and cooperation agreement between PHD Chamber of Commerce and Industry and Taiwan Chamber of Commerce here, Mr Tien said Indian cabinet has already approved the cooperation agreement with Taiwan in the field of agriculture and horticulture including approving widening of civil aviation activities between the two countries yesterday.
In view of both countries wanting to broad-base their both economic and trade engagements, the idea for reworking free trade agreement between India and Taiwan would further cement their ties for manufacturing and services sector and create an ideal situation for moving towards the free trade regime between the two, pointing out that Taiwan is a late entrant into India’s economic landscape, which is so huge and wide, said Mr Tien.
According to him, the two countries should intensify their trade and economic cooperation in electronics and IT among other things and gradually evolve for free trade agreement.
The agreement signed by PHD Chamber of Commerce and Industry president Mahesh Gupta and Taiwan Chamber of Commerce president G F Hao also aims at promoting trade and investment relations between the two countries as also constantly endeavour to improve co-operation with two organisations
The other objectives of the agreement comprise to assist in the organisation of trade and market research missions, conferences, symposia and other methods of trade promotional activity in each other's country.
With this agreement in place, the two Chambers will organize seminars, conferences, exhibitions, trade fairs and other promotional activities to further business relations between the two countries and create and maintain a continuing exchange of information about economic developments and other matters affecting the business interests of their members.
UNI ADP SW AE 1818
Please log in to get detailed story.
Tags: #Taiwan seeks revival of FTA talks with India
More News

Tech Mahindra net at Rs 661 crore in Q4; Company gives dividend of Rs 28 per share

25 Apr 2024 | 7:28 PM

New Delhi, April 25 (UNI) Mahindra Group company Tech Mahindra, a technology consulting and digital solutions provider, on Thursday reported about 41 per cent decline in net profit at Rs 661 crore year-on-year basis for the fourth quarter ended March 31, 2024.

see more..

Kottayam-Kochi Rubber Market Rates

25 Apr 2024 | 7:26 PM

Kottayam, April 25 (UNI) Following were the Rubber Market rates announced by the Rubber Board here today per quintal.

see more..
Indusind Bank net up 15 pc in Q4

Indusind Bank net up 15 pc in Q4

25 Apr 2024 | 7:10 PM

New Delhi, April 25 (UNI) Leading private bank Indusind on Thursday reported a 15 percent jump in net profit at Rs 2,349 crore in Q4 of FY 2023–24, compared to Rs 2,043 crore in the same quarter in 2022–23.

see more..

25 Apr 2024 | 6:53 PM

New Delhi, April 25 (UNI) Leading private bank Indusind on Thursday reported 15 percent jump in net profit at Rs 2,349 crore in Q4 of FY 2023-24 compared to Rs 2,043 crore in the same quarter in 2022-23.

see more..

Regulations to become more stringent, demanding in coming years : CUB MD

25 Apr 2024 | 6:40 PM

Chennai, Apr 25 (UNI) “Regulations are going to be here, and they are going to
get more stringent as there is a learning depending upon the changes in the
environment and the role of the CFO's,” City Union Bank (CUB) MD and CEO
Dr N Kamakodi observed on Thursday.

see more..
image