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President Tsai outlines 4 tasks under 'New Southbound Policy'
Organization: Department of International Cooperation        Publish Date: 2016-11-11 10:59
Sources: China Post; Taipei Times

President Tsai Ing-wen urged the central and local governments to join forces in promoting the government's "New Southbound Policy," while laying down a number of priority tasks during a regular policy coordination meeting on Nov. 7, 2016.

The president urged the executive branch to strengthen exchanges with countries in South Asia and Southeast Asia as well as with Australia and New Zealand. She emphasized the importance of municipal participation in carrying out economic proposals and said Kaohsiung, as Taiwan's largest southern city, was optimally suited to be a key base of operations for the policy. She instructed Premier Lin Chuan to have the Executive Yuan formulate policies and allocate resources to facilitate Kaohsiung serving this role.

The first task President Tsai mentioned was promoting high-level exchanges of visits between Taiwan and countries with which cooperative ties have already been established. Secondly, she mentioned enhancing information collection by the government and private think tanks, and stepping up cooperation with foreign think tanks to gather more information on other nations' industrial sectors. Thirdly, she mentioned signing or renewing bilateral investment and tax agreements with related countries to better protect Taiwanese investors. The fourth task is focusing on major projects in which tangible results can be seen in a short time, such as hosting Taiwan image exhibitions in major cities of Southeast Asia, strengthening the role of the Taiwan Agriculture Development Co., and recruiting more foreign and overseas Chinese students.
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