With the Association of Southeast Asian Nations (ASEAN), as forecast by the World Bank, poised to score the fastest growth among emerging markets and become the main growth engine for the global economy in the near future, Taiwan is very likely to get on the ASEAN "economic train," as the government here has been actively pushing its New Southbound Policy to explore the ASEAN market and build diverse cooperation ties with member states, according to a study report recently released by Taiwan Institute of Economic Research (TIER).
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