Taiwan to the rescue of “socialist” Ortega with a 20-year US$ 100 million loan

Thursday, February 21st 2019 - 08:34 UTC

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Nicaragua's Congress on Tuesday accepted a US$ 100 million loan offered by Taiwan, giving a line of support to President Daniel Ortega's government, which has become increasingly isolated after a brutal crackdown on protesters last year. Read full article

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DemonTree
Nicaragua may as well get some benefit from recognising the ROC. I always wondered how Mercosur what going to do a trade deal with China when Paraguay still doesn't recognise them as the legitimate government.
Feb 21st, 2019 - 07:10 pm - Link - Report abuse 0
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Jack Bauer
And what guarantees does Taiwan have they'll ever get paid ? smells like another VZ, on a smaller scale, in the making...
The fact Mercosul countries don't officially recognize Taiwan (ROC) as the legitimate government (of both Chinas - due to pressure from PRC) has no bearing on trading with them.
Feb 25th, 2019 - 02:28 am - Link - Report abuse 0
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