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A group of Taiwanese investors visited Saint Lucia

A group of Taiwanese investors visited Saint Lucia

A group of investors from Taiwan who received their citizenship arrived in Saint Lucia, the Taiwan News portal reported on April 20.

The businessmen received citizenship of the Caribbean island state within the framework of the corresponding government program. They were invited to the island by the Deputy Prime Minister of Saint Lucia, Ernest Hilaire. The businessmen were shown the island’s capabilities in terms of tourism and labor subcontracting.

Recall that the investment and citizenship program in Saint Lucia was launched by the island’s government in 2015. Taiwan has invested around $3.9 million in eight bilateral projects ranging from solar energy to building renovations.

Taiwan is recognized as an independent state by only 12 countries.

In Central and South America, the following countries maintain diplomatic relations with Taiwan: Guatemala, Belize, Haiti, Paraguay, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines; in the Asia-Pacific region: Marshall Islands, Tuvalu, Nauru, Palau; in Africa, Eswatini; in Europe: the Vatican.

After Tsai Ing-wen assumed the presidency of Taiwan in 2016, Sao Tome and Principe, Panama, the Dominican Republic, Burkina Faso, El Salvador, Nicaragua, the Solomon Islands, Kiribati and in 2023 Honduras and Nauru broke off relations with the island.

The new president refused to confirm a course toward integration with China. The People’s Republic of China closed its representative office on the island, which unofficially served as an embassy. Other states, including Russia, began to declare that they did not recognize the island’s independence.

Source: Rossa Primavera

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