Skip to main content

Why did Honduras break its relations with Taiwan.

 On Sunday Honduras break its 82 year old relations with Taiwan. The relations of both the nations goes back to 1941 when Republic of China's government, which remains Taiwan's official name, was still in

 China before it fled to the island in 1949 after losing the civil war with Mao Zedong communists. 


What is the reason behind this?

Taiwan Foreign Minister Joseph Wu told a news conference Sunday that Taiwan had ended its relations with Honduras to "safeguard its sovereignty and dignity". Wu said that Honduras President Xiomara

 Castro and her team always had a "fantasy" about China and had raised the issue of switching ties before the presidential election in Honduras in 2021. Relations between Taiwan and Honduras were once stable, he said, but China had not stopped luring Honduras. "The foreign minister and embassy grasped the relevant information and handled it carefully. However, the Castro government also asked us for billions of dollars in huge economic assistance programmes provided by Taiwan and China". About two weeks ago, the Honduras government sought $2.45 billion from Taiwan to build a hospital and a dam, and to write off debts. "The Castro government dismissed our nation's longstanding assistance and relations and carried out talks to form diplomatic ties with China" he added. Taiwanese President Tsai Ing-wen said her government would not "engage in a meaningless contest of dollar diplomacy with China". For decades China has funneled billions of dollars into investment and infrastructure projects across Latin America. That investment has translated to rising power for China and a growing number of allies. In Honduras, it has come in the form of construction of a hydroelectric dam project in Central Honduras built by the Chinese Company SINOHYDRO with about $300 million in Chinese government financing. 


Implications for Taiwan

Honduras is the ninth diplomatic ally that Taipei has lost to Beijing since the pro-independence Tsai took office in May 2016. Now only 13 countries are left that recognize Taiwan which are mostly in

Exclude Honduras

Central America, the Caribbean and the Pacific. In 1998, Taiwan set up a $240 million aid fund for its Central American allies in hope of retaining their support. Taiwanese businesses were also encouraged to invest in Central America to consolidate political ties. Tsai is set to begin a 10 day trip on Wednesday with visits to Guatemala and Belize. Her delegation will stop in New York and Los Angeles, Li said alst week. Taiwan's Vice Foreign Minister Alexander Yui earlier said the purpose of Tsai's trip is to highlight the island's friendship with the two Latin American countries. Despite, China's campaign of isolation, Taiwan retains robust informal ties with more than 100 other countries, most importantly the United States. However, the United States doesn't have diplomatic relations with Taiwan but has maintained that Taipei is an important partner in the Indo-Pacific

Labels:

Comments

Post a Comment

Popular posts from this blog

Venezuela's economy explained.

 Why Venezuela has the strangest economy in the world? Venezuela is a country in South America and its capital is Caracas. It is officially known as the Bolivarian Republic of Venezuela. Venezuela is  colonized by Spain in 1522. It was the first Spanish-American to  declare independence from Spain in 1811. It in the modern world it has the world's largest proven oil reserves but regardless of that it has the highest inflation in the world, struggling with shortage of food, electricity, and other essential goods. For this we need to go back on 31 July 1914 when oil was discovered in Venezuela for the first time. At that time it was ruled by Juan Vincente Gomez who ruled over from 1908 to 1935 as a dictator. In the 1920s and 1930s Venezuela begin to industrialize with the development of its oil industry becoming a major contributor in the development. In the early 1900 the economy of Venezuela is mainly a agriculture based. Gomez allowed foreign companies to explore, ...
4 comments
Read more

A look at Japan's national security strategy.

 What makes this year policy so special? Japan is an island nation in the East Asia whose capital is Tokyo. It is an archipelago of 6852 islands. The five main islands of Japan are Hokkaido, Honshu, Shikoku, Kyushu and Okinawa. It is located in  the Northwest Pacific Ocean and is bordering on the west by the Sea of Japan. It is also a part of the ring of fire. It is the third largest economy in the world. Japan is facing an domestic challenge such as declining and aging population with a low fertility rate and a severe fiscal conditions. Japan is facing an unprecedented challenge in East Asia as China is modernizing its military at a very fast pace as it has set clear goals to achieve " the great rejuvenation of the Chinese nation," the full completion of "building China into a great modern socialist country " by the middle of this century and to buildup the People's Liberation Army to be elevated to "world-class standards". Japan has also called Chi...
2 comments
Read more

What happened in Brazil and how does it impact democracies around the world?

What happened in Brazil on 8th January 2023? Firstly, lets talk about Brazil. Brazil is the largest South American country and in Latin  America.  It is the fifth-largest country and the seventh-most populous country in the world. Its the world's fourth largest democracy. Its is also a part of major global forums like the G20 , BRICS and other major organizations. So on 2nd October 2022 the current president of Brazil Jair Bolsonaro who is a right-wing, socially conservative nationalist is going to fight elections against  Luiz Inácio Lula da Silva, who is   the most popular leader in Brazilian history and served two terms as president between 2003 and 2010. He was later arrested under corruption charges as part of a sweeping national investigation. The results of the first round came and none of the candidates got a majority of 50% so a second round was conducted in which da silva 50.9% of the total votes and Jair Bolsonaro got 49.1%. So after the final results t...
4 comments
Read more