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Aug 08, 2022, 12.30 PM

India unlikely to be impacted by any developments in Taiwan: Shaktikanta Das

The Reserve Bank of India (RBI) Governor Shaktikanta Das added that capital flows from Taiwan in terms of foreign direct investment (FDI) and other instruments are also very low.

Taiwan accounts for only 0.7 per cent of India's overall trade, stated Das.

The Reserve Bank of India (RBI) Governor Shaktikanta Das reportedly said that India is unlikely to be impacted by any adverse developments in Taiwan. 

Taiwan accounts for only 0.7 per cent of India's overall trade, stated Das.

There are tensions between Taiwan and China, triggered by US House Speaker Nancy Pelosi's visit to the island nation which Beijing views as a breakaway province, 
Shaktikanta Das reportedly said.

The Reserve Bank of India (RBI) Governor Shaktikanta Das added that capital flows from Taiwan in terms of foreign direct investment (FDI) and other instruments are also very low.

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