Taiwan’s President Tsai Ing-wen has made the Philippines a major partner of Taiwan under the recently launched New Southbound Policy, Taiwan’s representative to the Philippines Gary Song-Huann Lin said. Under the New Southbound Policy, the Philippines tops Taiwan’s expansion agenda that covers a multifaceted cooperation and partnership among members of the Association of Southeast Asian Nations (Asean). The new policy partly aims to closer economic ties with Asean in a bid to diversify Taiwan’s foreign policy. Lin said many Taiwanese businessmen are interested in investing in the Philippines, specifically in infrastructure, energy, manufacturing and agriculture sectors. He witnessed Taiwan’s very advanced infrastructure and he fully understands the importance of our bilateral relations,” the ambassador said.

Source: Manila Times September 01, 2016 17:05 UTC