Can adverse developments in Taiwan following Nancy Pelosi's visit impact India? RBI Governor Shaktikanta Das responds
The Governor said Taiwan accounts for only 0.7 percent of India's overall trade and the capital flows from the island are also not very high. "...So far as India is concerned, you know, our trade with Taiwan is miniscule. It's about 0.7 per cent of our total trade. So therefore the impact on India is expected to be very, very, very negligible," Das told reporters here.
Reserve Bank Governor Shaktikanta Das said that capital flows from Taiwan in terms of foreign direct investment (FDI) and other instruments are also very low. Pic: Reuters