As the largest and leading country in the South Asia region, India can be the springboard Taiwanese firms can use and replicate their “Indian experience” in other major South Asian countries, such as Bangladesh, Sri Lanka, and Pakistan. Taiwan should take advantage of the recent wave of ICT investment to increase its visibility and foothold in India. Defense, shipbuilding, and other “strategically im-portant but sensitive” sectors are worth exploring; Taiwanese firms may use this opportunity to further globalize, as the government of Taiwan can enhance substantial contact with the Indian national security sector. Considerable focus and attention have been put upon traditional manufacturing. We should, however, explore some other areas that have the potential to lead to more connections in the future, such as education, consulting services, and language teaching. India is an opportunity that the business and society of Taiwan can use to
“upgrade” and transform themselves. Through the collaboration with Japan and Singapore, Taiwanese enterprises can explore and generate more viable new business models in the services sector. The education sector of Taiwan also can use this opportunity to explore possible global development and collaboration plans to address the “student deficit” issue and better allocate its resources.
As the Taiwanese investment is expected to increase in the future, the Government of Taiwan should continue to push for an official bilateral trade and services agreement with the Government of India and should realize that garnering support from within Taiwan is as important as the enhancement of substantial exchange between
the two countries. As the Tsai Ing-wen administration has announced its “New Southbound Policy,” gaining more positive political mo-mentum for the policy is necessary. In addition to the new responsible organ, Office for External Economic and Trade Negotiations, created in the Executive Yuan,40 at the legislative level, the Taiwan-India Parliamentary Amity Association (TIPAA) was also created in April 2016 to boost substantial relations.41 Media attention towards India in Taiwan also is increasing. If this can be combined with the increase of TDI – and the consequential increased traffic of persons and goods– in India, a consensus within the Taiwanese society would hopefully be forged to push for closer governmental cooperation. On the other hand, the funds allocated to the New Southbound Policy are limited: 4.2 billion TWD (around 134 million USD) will be used on 18 countries (10 ASEAN countries, 6 South Asian countries, Australia, and New Zealand) on an annual basis. Therefore, the Government should begin with smaller but feasible projects or pilot programs that will generate more potential.
邱金蘭、吳馥馨,〈政院對外經貿談判辦公室 鄧振中掌旗〉,《聯合報》
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蔡百蕙,〈新南向傳佳音 印度國會上下兩院成立新友台小組〉,《東森新聞 雲》(ETtoday), August 31, 2016, <http://www.ettoday.net/news/20160831/
766433.htm>.
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