Taiwan Food and Drug Administration (TFDA) has actively promoted the New Southbound Policy for three years. TFDA had invited the officers and experts, such as Malaysia, Vietnam, Thailand, Singapore, India, Philippines, Australia and New Zealand, and hosted seven international conferences, five government meetings and one working group meeting of international organization in 2019. In the second half of 2019, TFDA has been supported by Asia-Pacific Economic Cooperation (APEC) to host the seminar on the Medical Device Regulation Center of Excellence pilot workshop. TFDA plan to invite new southbound partners to participate in the seminar, and hope to enhance the partnership and expand influence in the region.
The New Southbound Policy plays an important role in Taiwan's economic and trade strategies, and the implementation outcome has received high social attention. TFDA promotes mainly through "training the professionals from new southbound countries", "regulatory harmonization" and "regional industrial chain collaboration". TFDA also devotes itself to domestic pharmaceutical and food industry development for entering new southbound markets. TFDA hopes to build mutual trust and benefit by strengthening bilateral relations with new southbound partner countries and creating a win-win, which aims to redefine Taiwan's position in Asia and even in the global community.