Taiwan condemns Panama's severance of diplomatic ties, accuses China of using 'money diplomacy'

Taipei: Taiwan on Tuesday slammed Panama after it established diplomatic relations with China and cut ties with Taipei, accusing Beijing of using "money diplomacy" to sway the island nation.

Foreign minister David Lee told the media that Taiwan expressed "anger and regret" over the Monday night move, and will sever diplomatic ties with Panama and terminate all cooperation projects, reports Efe News.

Lee accused China of using "money diplomacy" to influence Panama in cutting ties with the island nation in favour of closer relations with Beijing, adding that the move amounted to an offence to the Taiwanese people.

File image of panama president Juan Carlos Varela, who on Monday announced switching of diplomatic ties from Taiwan to China. Reuters

File image of panama president Juan Carlos Varela, who on Monday announced switching of diplomatic ties from Taiwan to China. Reuters

He also accused Panama of cheating Taiwan by not telling Taipei about its intention to open ties with Beijing, calling it "very unfriendly".

The Presidential Office also held a news conference to denounce Panama and China.

Joseph Wu, secretary-general to the President, said the development would force the Taiwan government to re-assess cross-strait ties.

"Taiwan is willing to help our allies in economic development, but we do not want to join in the race for money diplomacy," he said.

Panama's termination of bilateral relations with Taiwan means there are now only 20 countries that recognise Taiwan.


Updated Date: Jun 13, 2017 12:07 PM

Also Watch

IPL 2018: Royal Challengers Bangalore eye revival against Chennai Super Kings as 'Cauvery Derby' comes back to life
  • Thursday, April 26, 2018 In the Kanjarbhat community, a campaign against 'virginity tests' is slowly gaining ground
  • Tuesday, April 24, 2018 It's A Wrap: Beyond the Clouds stars Ishaan Khatter, Malavika Mohanan in conversation with Parul Sharma
  • Monday, April 9, 2018 48 hours with Huawei P20 Pro: Triple camera offering is set to redefine smartphone imaging
  • Monday, April 16, 2018 Rajyavardhan Singh Rathore interview: Sports can't be anyone's fiefdom, we need an ecosystem to nurture raw talent

Also See