Tuesday 26 June 2007

Taiwan
Diplomatic Relations

Costa Rica ended 63 years of ties with Taiwan by switching its allegiance to Beijing. The switch has cut the number of the island's diplomatic allies down to 24, compared with the mainland's 169. Calling Costa Rica a "cheater", Taiwanese Foreign Minister James Huang Chih-fang said Beijing had offered US$130 million in aid and US$300 million to buy Costa Rican bonds. A Chinese Foreign Ministry spokesman later said the principle followed to forge diplomatic ties with Costa Rica can work for other countries.

See previous post.

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