Paraguay president-elect says committed to Taiwan, pitches investment ...Middle East

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Paraguay president-elect says committed to Taiwan, pitches investment
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Paraguay President-elect Santiago Pena said on Wednesday that he is committed to a relationship with Taiwan as he pitched investment opportunities he said should not be based on political or diplomatic considerations. Paraguay is the last South American country with formal relations with Taiwan, which China claims as its own territory. Honduras ended decades of ties in favour of Beijing this year and only 13 countries now recognise Taiwan.

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