Taiwan faces pressure to compensate Paraguay to maintain diplomatic ties.

1 min read
Source: Financial Times
TL;DR Summary

Taiwan is facing pressure to compensate Paraguay in order to prevent it from switching diplomatic recognition to China. Paraguay is one of only 15 countries that still recognize Taiwan as a sovereign state, but its president has recently expressed interest in establishing ties with China. Taiwan has been offering aid and investment to Paraguay, but some experts say that direct compensation may be necessary to maintain the relationship.

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