PTI New Delhi

Taiwan can help India reduce its import of electronic components from China and the best way to bolster the economic engagement including in the semiconductor sector would be to seal a free trade pact, Taiwanese deputy national security adviser Hsu Szu-Chien said on Thursday.

In an exclusive interview to PTI, Hsu said a trade deal will pave the way for greater investment in India by Taiwanese companies in the high-technology sectors as it will help in bringing down the "high tariffs".

The Taiwanese deputy national security adviser was in the national capital to participate in the Raisina Dialogue, India's flagship conference on geopolitics, and hold talks with senior Indian officials. Hsu said there can be a match-making between technology of Taiwan and India's demographic dividends to produce high-end technology components in India that will help New Delhi cut its imports from China.

"I think there's great potential for the relations to expand, especially on economic cooperation," Hsu said. He said India can bring down its "huge" trade deficit with China by going for joint production of various electronics components instead of keep importing them from China.