India receives aid from Taiwan

#GS2 #IR #EMERGENCY HELP 

TELEGRAM LINK: https://t.me/believersias

 

News info


India and Taiwan do not maintain formal diplomatic relations or embassies.

  • A first batch, consisting of 50 oxygen concentrators and 500 oxygen cylinders, landed in New Delhi on a Boeing 747 of China Airlines, the government-owned airline of Taiwan.
  • India received assistance from Taiwan, including oxygen concentrators and cylinders, with more batches of medical equipment set to follow from Taipei.

Not accepted China’s offers

  • India, meanwhile, has not yet accepted China’s offers of aid and assistance that were conveyed again both in a message from President of China to Indian Prime Minister.
  •  India has preferred to source medical supplies from China on a commercial basis.
  •  A large number of such orders have been placed by Indian companies with Chinese firms, with the production “of at least 40,000 oxygen generators” currently under way.
  • Many Chinese firms and private organisations are also using their own channels to provide various forms of help to India.
Coronavirus | India records over 3,000 deaths for second straight day on  April 28, 2021 - The Hindu

India-Taiwan Relations

  •  India and Taiwan do not maintain formal diplomatic relations. The areas of cooperation between India and Taiwan have been limited due to negligible political relations.
  • From 1995 to 2014, the bilateral trade turnover has grown manifold from just $934 million to $5.91 billion.
  • Technology: In the field of science and technology, there are more than thirty ongoing government-funded joint research projects.
  •  In August 2015, the Taiwan-based Foxconn, one of the largest hardware manufacturers in the world, announced an investment of $5 billion in India.
  • India and Taiwan in 2018 signed a bilateral investment agreement. India-Taiwan trade ties have been expanded and Taiwanese firms are prominent investors in India,
  • Taiwan has for long been a world leader in high-tech hardware manufacturing, and can contribute much to the “Make in India”, “Digital India” and “Smart Cities” campaigns.
  •  Taiwan’s agro-technology and food processing technology can also be very beneficial for India’s agriculture sector.
  • Both sides have also expanded educational exchanges after a mutual degree recognition agreement in higher education was signed in 2010.

Challenges

  • One China policy: India finds it difficult to realise the full potential of its bilateral relationship with Taiwan. At present, about 16 countries worldwide continue to recognise Taiwan as an independent state. India is not among the sixteen countries.
  • Trade & Investment: The economic exchange is still relatively insignificant. Taiwan’s share of trade with India is around 1% of its global trade.

One-China Policy

  • The One-China policy refers to the policy or view that there is only one state called "China", despite the existence of two governments that claim to be "China".
  •  As a policy, this means that countries seeking diplomatic relations with People's Republic of China (PRC, Mainland China) must break official relations with the Republic of China (ROC, Taiwan) and vice versa.
  •  It is the diplomatic acknowledgement of China's position that there is only one Chinese government.
  • Under the policy, China sees Taiwan as a breakaway province to be reunified with the mainland.

 

SOURCE: THE HINDU 

Print Friendly and PDF
blog comments powered by Disqus