Taiwan seeks stronger trade ties with India
New Delhi, Feb. 21 (CNA) The head of Taiwan's biggest trade delegation to India said Monday that the two Asian countries should expand bilateral trade as India is developing fast.
Council for Economic Planning and Development (CEPD) Minister Christina Liu, who first visited India five years ago, told CNA in New Delhi that she was impressed by the rapid progress of the country.
In view of such progress, Taiwan "should greatly strengthen its trade ties (with India)," she said.
"Our visit is just the beginning -- the interaction will definitely increase in the future," Liu added.
The total trade volume between Taiwan and India was US$6.47 billion in 2010, accounting for just 1.2 percent of Taiwan's total foreign trade volume for that year, official figures show.
The delegation of 90 government officials and business representatives is visiting India to discuss business opportunities between the two countries as part of government efforts to increase bilateral investment.
During its five-day trip, the delegation will also visit Mumbai and Ahmedabad for business meetings with corporations there.
The meetings will focus on six major sectors -- green energy, high technology, bio-medicine, intelligent automobiles, land development and digital content. (By Ho Horn-ru and Alex Jiang) ENDITEM /pc
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