India and Taiwan Ink Labour Pact.!
India and taiwan have joined hands to address Taiwan's labour crisis by signing a Memorandum of Understanding (MOU) for the recruitment of indian workers. The agreement outlines the initiation of a pilot scheme, to gradually increase the number of indian workers in Taiwan. While early estimates suggested around 100,000 indian workers would be deployed, taiwan has not confirmed a specific figure yet.
Taiwan is currently grappling with demographic challenges, particularly an ageing population. In contrast, india boasts a youthful and dynamic workforce. This collaboration presents a strategic partnership where India's burgeoning labour force can address Taiwan's labour shortages. The mutual interests of both nations make this collaboration a potential win-win scenario, supporting Taiwan's economic growth while offering employment opportunities for the aspiring indian workforce. This initiative is poised to strengthen diplomatic and economic ties between india and Taiwan.
Taiwan is currently grappling with demographic challenges, particularly an ageing population. In contrast, india boasts a youthful and dynamic workforce. This collaboration presents a strategic partnership where India's burgeoning labour force can address Taiwan's labour shortages. The mutual interests of both nations make this collaboration a potential win-win scenario, supporting Taiwan's economic growth while offering employment opportunities for the aspiring indian workforce. This initiative is poised to strengthen diplomatic and economic ties between india and Taiwan.