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  1. Panama switches diplomatic recognition from Taiwan to China

Panama switches diplomatic recognition from Taiwan to China

Panama has switched diplomatic recognition from Taiwan to China after a century of having only commercial relations with the Asian giant.

By: | Panama City | Published: June 13, 2017 9:30 AM
Panama, diplomatic recognition, Taiwan to China, Taiwan, China, commercial relations, Asian giant Panamanian President Juan Carlos Varela announced the change, which entails breaking off formal relations with Taiwan. Varela said in a televised address that it is the “correct path for our country.” (Reuters)

Panama has switched diplomatic recognition from Taiwan to China after a century of having only commercial relations with the Asian giant. Panamanian President Juan Carlos Varela announced the change, which entails breaking off formal relations with Taiwan. Varela said in a televised address that it is the “correct path for our country.”

A joint statement yesterday evening says Panama and China are recognizing each other and establishing ambassador-level relations as of the same day. It adds that Panama recognizes only one legitimate China and that Taiwan “forms an inalienable part of Chinese territory.” China is the second-biggest client of the Panama Canal and the leading provider of merchandise to a free-commerce zone in the Caribbean city of Colon.

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