3 Share resources 4 Forge regional links systematize bilateral and multilateral

3 share resources 4 forge regional links systematize

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3) Share resources 4) Forge regional links systematize bilateral and multilateral cooperation with partner countries while strengthening negotiations and dialogue.” This cooperation includes the pursuit of updated investment and trade agreements. It also specifically references “official and nonofficial cooperation platforms between Taiwan and Japan” and “a Taiwan-Singapore economic and trade cooperation platform. It also pointed to significant increases in tourism and foreign students coming from ASEAN countries to visit or study in Taiwan. There are three major reasosns for a New Southbound Policy Economic Diversification and less reliance on a single market. The NSP was the signature innovation in President Tsai’s foreign policy. She pledged in her inaugural address in May 2016 to maintain the status quo of cross-Strait relations and to strengthen relations with the United States and Japan. But in a departure from the policies of her predecessor Ma Ying-jeou, she asserted that the primary goal of the NSP is to “bid farewell to our past overreliance on a single market. Deepen Taiwanese ties to international community. A second driver of President Tsai’s NSP, as stated in her National Day address in October 2017, is “to hold a more advantageous position in international society ....
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