Taipei: In a major move to generate employment opportunities and further boost the bilateral ties between India and Taiwan, both the countries on Friday signed a Memorandum of Understanding (MoU) to enable Indian migrant workers to find jobs there. The MoU assures mutual benefits for the countrymen of both countries, “igniting a powerful momentum for even deeper and more fruitful cooperation.” Notably, the MoU was signed when labour-strapped Taipei inviting a foreign workforce outside its typical Southeast Asian sources.
“Taiwan-India relations reach a new high! The MOU on the Facilitation of Employment of Indian Workers, signed by @TWIndia2 Rep. Ger & @ita_taipei Rep Yadav,” the Ministry of Foreign Affairs of Taiwan posted from its official handle on X.
It is worth noting that Taiwan is a major semiconductor producer in the world, but it also has the problem of an ageing population. Due to the ageing population, the country is home to over 700,000 migrant workers from Vietnam, Indonesia, the Philippines, and Thailand. These workers work in manufacturing or as home assistants for the elderly, according to Reuters.
The MoU was signed between each other’s de facto embassies in Taipei and Delhi but implementation details were still in the process of being fleshed out, Reuters reported citing Taiwan’s Ministry of Labour.
India, like other nations, has no formal links with Chinese-claimed Taiwan, but there is a strong commercial partnership that seeks to attract more Taiwanese technology businesses to invest and produce in India.
The ministry stated that Taiwan has been struggling to meet the demand for human resources in key sectors such as manufacturing, construction and agriculture, among others, resulting in a rise in demand for migrant workers year after year.
(with agency inputs)
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