On the 24th, the Trade Association held the "Guatemala Republic Investment Business Opportunities Explanation Session".

(Photographed by reporter Fang Bin)

[Financial Channel/Comprehensive Report] Guatemala President Jamie Dai led the heads of various ministries and commissions to visit Taiwan today (24th). Economic Minister Janio Rosales emphasized in an interview with foreign media that Guatemala is not like Honduras. Sri Lanka owed Taiwan debts, and did not ask for free financial assistance from Taiwan, but instead sought long-term investment and trade.

Guatemala Economy Minister Janio Rosales said Guatemala did not have a debt problem with Taiwan but wanted more balanced trade because Guatemala had a trade deficit with Taiwan, Reuters reported.

Please read on...

Rosales emphasized that we want trade to be more balanced, so what we are promoting is Taiwanese companies to expand investment in Guatemala and strengthen cooperation between the two countries. "This is a great alliance."

Asked whether he was seeking billions of dollars in aid from Taiwan, as Honduras has done, Guatemala Central Bank President Alvaro Gonzalez Ricci stressed, "Not really." Taiwan (asks for stuff), but not free money.

Maybe Taiwan can invest in Guatemala bonds and find projects that last 25, 30 years, not just short-term donations to certain projects, González said.

Guatemala is one of only 13 countries with which Taiwan has diplomatic relations.

Honduras cut diplomatic ties with Taiwan last month in favor of China, having asked Taiwan for nearly $2.5 billion in aid.

Grasp the pulse of the economy with one hand I subscribe to Free Finance Youtube channel

Already added friends, thank you

Welcome to 【Free Finance】

feel good

Already liked it, thank you.

related news