New Delhi, February 21, 2024 – The recent India-Taiwan Track 2 Dialogue, hosted at the Taj Palace Hotel in New Delhi, marked a significant step in bolstering the strategic partnership and economic cooperation between India and Taiwan amidst evolving global dynamics. The dialogue, encompassing eminent experts and policymakers from both nations, delved into critical issues of regional security, economic resilience, technology collaboration, and the strategic importance of the Indo-Pacific region.
Key highlights of the dialogue included a mutual recognition of the challenges and opportunities presented by the current global order, particularly in light of China's assertive regional stance. The participants underscored the importance of a rules-based order and discussed collaborative strategies to enhance economic ties, particularly in technology and semiconductor industries, which are vital for both nations' economic growth.
The dialogue emphasized the shared interests of India and Taiwan in maintaining regional security and stability, especially concerning maritime security and the restructuring of global supply chains. Both sides acknowledged the need for a concerted effort to address new risks and threats in international relations.
Strategic discussions also focused on the Indo-Pacific region's evolving geopolitical landscape, highlighting the necessity of fostering a multipolar and inclusive Asia. The dialogue advocated for stronger institutional frameworks to facilitate deeper cooperation between India and Taiwan, moving beyond the traditional focus on China.
The India-Taiwan Track 2 Dialogue sets a forward-looking agenda for both countries to explore new avenues of partnership, emphasizing economic collaboration, technological innovation, and a shared commitment to regional stability and prosperity.