The Union Cabinet under the Chairmanship of Prime Minister Narendra Modi has approved the signing of Air Services Agreement between India-Taipei Association in Taipei (India’s representative office in Taiwan) and Taipei Economic and Cultural Center in India (Taiwan’s representative office in India). Presently there is no formal Air Services Agreement between India and Taiwan and the Air Services are governed by an MoU exchanged between Air India Charters Limited (AIRL) and Taipei Airlines Associations (TAA). The Air Services Agreement signifies an important landmark in the civil aviation relations between India and Taiwan, and has the potential to spur greater trade, investment, tourism and cultural exchanges between the two parties.