Taiwan Seeks: In a notable development bolstering the relationship between India and Taiwan, an important Memorandum of Understanding (MoU) was formalized on Friday, paving the way for Indian migrant workers to explore employment prospects in Taiwan.
This collaborative endeavour comes as Taiwan, confronted with a scarcity of labour, seeks to diversify its foreign workforce beyond its traditional sources in Southeast Asia.
Taiwan Seeks Indian..
Renowned globally for its semiconductor industry but grappling with an aging population, Taiwan currently relies heavily on migrant workers primarily hailing from nearby Countries.
Although the MoU has been officially signed between the de facto embassies of the two nations in Taipei and New Delhi, the finer details regarding its implementation are still being ironed out.
Notably, India, like numerous other countries, lacks formal diplomatic ties with Taiwan, a territory claimed by China. Nonetheless, the commercial partnership between India and Taiwan remains robust, with concerted efforts to entice Taiwanese technology firms to invest in and establish production facilities in India.
Consequently, there has been a consistent uptick in the need for migrant workers to address these shortages, presenting a timely opportunity for Indian workers to contribute to Taiwan’s workforce while further fortifying the bilateral relationship.
This partnership signifies a significant step forward in fostering stronger economic ties between India and Taiwan, underscoring the mutual benefits of collaboration amidst evolving global dynamics.
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