Press and Media
Taiwan's New Southbound Policy: A Strategic Triumph
By Alan H. Yang and Sana Hashmi-Published in The National Interest|PUBLISHED OCTOBER 8, 2023
Taiwan's New Southbound Policy: A Strategic Triumph

In January 2024, Taiwan will hold its presidential election to choose its next leader. President Tsai Ing-wen, currently in her second term, will soon conclude her tenure as mandated by the constitution's two-term limit. Her tenure has been marked by several noteworthy developments, with one of the most pivotal decisions being the launch of the New Southbound Policy in 2016. This policy was designed to broaden Taiwan’s economic engagement and strengthen its foreign relations. It encompasses eighteen countries from South Asia, Southeast Asia, and Oceania, focusing on eight key target countries.

With the Democratic Progressive Party (DPP) at the helm, Taiwan has successfully raised its regional profile, and Taiwan’s foreign policy is no longer solely focused on the West or China. Since 2016, a noteworthy development has been the continuous effort to foster strong relations with its immediate and extended neighbors.

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