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Home/Current Affairs/Taipei Economic and Cultural Center

Taipei Economic and Cultural Center

6 Jul 2023

Context: 

Taiwan will be establishing the ‘Taipei Economic and Cultural Centre (TECC) in Mumbai.

Objectives of TECC:

  • To expand mutually beneficial trade and investment opportunities between Taiwan and India. 
  • To promote exchanges and cooperation in science and technology, education, culture, and people-to-people ties under Taiwan’s New Southbound Policy.
  • To provide visa services, document authentication, and emergency assistance to businesspeople, tourists, and Taiwanese nationals in the western region of India. 
Additional Information:

About New Southbound Policy:

  • It was introduced in 2016 as a concerted effort to expand Taiwan’s presence across the Indo-Pacific.
  • It is designed to strengthen Taipei’s relationships with the ten countries of the Association of Southeast Asian Nations (ASEAN), India, Australia, and New Zealand. 
  • Aim:  To enhance Taiwan’s regional integration and promote the broader development of the Indo-Pacific region.

News Source: Financial Express 

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UDAAN PRELIMS WALLAH
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Quick Revise Now !
UDAAN PRELIMS WALLAH
Comprehensive coverage with a concise format
Integration of PYQ within the booklet
Designed as per recent trends of Prelims questions
हिंदी में भी उपलब्ध

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