Africa Misses Out on Taiwan’s Development Aid Due to ‘One China’ Policy

Taiwan says it regrets that the “one China” policy insisted on by Beijing prevents it from providing much needed development aid to most countries in Africa. Taiwan was in a relatively good diplomatic position in Africa several years ago. Taiwan’s Deputy Secretary-General for International Cooperation and Development, Pai-po Lee, says this made it possible for…

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UN, Singapore Concerned about Rising Trade Tensions

The U.N. secretary-general and the Singaporean foreign minister voiced concerns about global trade tensions and rising protectionism during back-to-back meetings in Beijing on Sunday. Following remarks from his Chinese counterpart, Singaporean Foreign Minister Vivian Balakrishnan vowed to “double-down” on free trade and economic liberalization in tandem with China.   “This is a time in the…

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Venezuela Cuts Commercial Ties With Panama Officials, Firms

Venezuela said on Thursday it was halting commercial relations with Panamanian officials and companies, including regional airline Copa, for alleged involvement in money laundering, prompting Panama to recall its ambassador. The resolution names Panamanian President Juan Carlos Varela and nearly two dozen Cabinet ministers and top-ranking officials, adding that Panama’s financial system had been used…

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