ASUNCION Paraguay is seeking more Taiwanese investment to diversify its farm-driven economy focused on exporting raw materials to China, incoming Finance Minister Carlos Fernandez Valdovinos said in an interview.
Paraguay continues to court Taiwanese investors thecattlesite.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thecattlesite.com Daily Mail and Mail on Sunday newspapers.
Paraguay courts Taiwanese investors, warns against China reliance - finance minister reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Paraguay is seeking more Taiwanese investment to diversify its farm-driven economy focused on exporting raw materials to China, incoming Finance Minister Carlos Fernandez Valdovinos said in an interview. Paraguay remains the only South American nation with formal diplomatic relations with Taiwan, which China claims as its own territory. As Paraguay prepares for the Aug. 15 inauguration of the next government, it has reinforced its 70-year friendship with the democratic island, even as China ramps up diplomatic and military pressure.