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Trade delegation visit for investments in India

08 Mar '06
1 min read

The Government plans to lead a trade delegation of 100 local manufacturers to India during May to search avenues for encouraging investment there and reduce dependence on China.

Taiwan's economy has become China reliant as China is its biggest export market with investments worth $100 billion across the Strait.

The trade visit between May 7 to May 18 plans to reduce risk of investment in one country and go for global investment to increase competitiveness, Ministry of Economic Affairs said in a statement.

Investment forum have been planned to help manufacturers make correct investment decisions focusing on information technology, communications, car parts, food processing, textile, tourism and venture capital industry, said Taiwanese Ministry.

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