Enhancing Trade, Investment and Cooperation Between India and Taiwan

This is the first exhaustive study on possibilities of comprehensive economic partnership between an emerging market in Asia, India, and one of the four “Asian Dragons,” Taiwan. It focuses on how Asian countries can leverage their mutual complementarities, develop production networks and efficient supply chains, and enhance investment flows—taking the example of India and Taiwan. Based on primary survey–based research, the report highlights the barriers to trade and investment in India and Taiwan and suggests measures to remove them. It critically examines the WTO and FTA strategies of India and Taiwan in the context of the trade agreements in Asia. The report focuses on both cross-cutting and sector-specific issues. The sectors discussed in the report include: logistics, automobile and auto component, information and communication technology, food processing, distribution and retail, and human resource development. These sectors have been selected as they are undergoing regulatory and policy changes in India and emphasis is on how India and Taiwan can learn from each other’s development and regulatory experiences. The report provides information to businesses operating or planning to operate in each other’s market and to policymakers on how to facilitate business interaction and greater trade, and investment flows.

Kristy Tsun-Tzu Hsu is an associate research fellow at the Taiwan WTO & RTA Center and program director of the Taiwan ASEAN Studies Center, or TASC, Chung Hua Institution for Economic Research (CIER) in Taiwan. She leads several joint research projects on FTA/ECA feasibility study with Southeast Asian countries and advises and assists the government’s WTO and FTA/ECA trade negotiations. Arpita Mukherjee is a professor at the Indian Council for Research on International Economic Relations (ICRIER). She has several years of experience in policy-oriented research working closely with the government in India and the UK. Her research is a key contributor to India’s negotiating strategies in WTO/FTAs and in domestic policy reforms. Parthapratim Pal is an associate professor at the Indian Institute of Management (IIM) Calcutta. He has worked with ICRIER and the Indian Institute of Foreign Trade (IIFT). His recent areas of interest include international trade, regional trade agreements, WTO related issues, and international capital flows.

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