Taiwan's New Southbound Policy

Taiwan's New Southbound Policy is a strategic initiative aimed at strengthening ties with Southeast Asian countries, South Asia, Australia, and New Zealand. It seeks to diversify Taiwan's economic partnerships, reduce dependence on China, and foster cooperation in trade, investment, education, and cultural exchanges. Launched in 2016, the policy promotes regional stability and supports Taiwan's international presence by building mutually beneficial relationships, enhancing its economic resilience, and creating opportunities for collaboration beyond traditional markets.