New Southbound Policy

The New Southbound Policy is an initiative by Taiwan aimed at strengthening ties with countries in Southeast Asia, South Asia, and Australasia. It focuses on enhancing economic cooperation, cultural exchanges, and people-to-people connections. The goal is to reduce reliance on China by fostering partnerships in trade, investment, education, and tourism with nations like India, Vietnam, and Australia. This policy seeks to promote mutual growth and stability, as well as to build a more diverse and resilient international presence for Taiwan.