Taiwan warns Honduras against 'poison' of aid from China

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'We remind the Honduran government that it should not quench its thirst with poison, even if fully parched by debt obligations,' the Taiwan ministry says.

TAIPEI, Taiwan – Taiwan warned Honduras on Thursday, March 16, not to be tempted by the “poison” of aid from China no matter how indebted it was and ruled out getting involved in a bidding war for diplomatic allies with its mainland rival.open official relations with China

Honduran Foreign Minister Eduardo Enrique Reina said on Wednesday the decision to switch allegiance to China was partly because Honduras was “up to its neck” in financial challenges and debt – including $600 million it owes Taiwan. Reina said Honduras had asked Taiwan to double its annual aid to $100 million but never received an answer. Honduras also tried to renegotiate the debt but it came to nothing.

Source: Loan Digest (loandigest.net)

 

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