Taiwan is likely to sign a Free Trade Agreement (FTA) with India early next year. According to Tsong-Guey Lee, Deputy Director-General of the Department of Investment Services, Taiwan, both the countries are in the advance stages of “investigation on the proposed FTA”.
“Currently, Taiwan and India are jointly conducting research on the feasibility of such an agreement. We expect the joint research to end by the year-end. We have got positive signs from the preliminary reports from India,” Lee told presspersons here on Monday on the sidelines of an interactive session organised by the Bharat Chamber of Commerce.
He, along with a delegation of Taiwanese businessmen, met officials at the West Bengal Industrial Department on Monday.