As the world gets back on its feet from the Covid-19 pandemic while reeling under a global chip shortage, Taiwan has become an important geopolitical focal point. Taiwan’s stranglehold over the semiconductor industry and its overall technology expertise have demonstrated its strategic importance in the global world order.
Taipei’s New Southbound Policy was envisaged by President Tsai Ing-wen to enhance cooperation between Taiwan and other major states in Southeast and South Asia. India, on the other hand, formulated the Act East Policy as a major diplomatic initiative to promote economic strategic relations with other states in the Indo-Pacific region.
With both India and Taiwan looking to deepen diplomatic ties in their respective regions, now would be the opportune time for the two states to forge an alliance built on common interests.