East Asia Desk: Indryan Swarandaru
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Executive summary
The short-term future direction of Taiwan's New Southbound Policy (NSP) under President Lai Ching-te includes continuing Tsai Ing-wen's NSP.
Lai is expected to emphasise trade diversification, semiconductor industry collaboration and enhanced people-to-people exchanges.
The medium-term focus will involve institutionalising the NSP and expanding strategic partnerships and soft power, whilst long-term goals include deepening economic integration, fostering sustainable development and innovation, promoting cultural and social cohesion and strengthening Taiwan's regional leadership.
