Guyana agrees to Taiwan investment office here

One China policy: On June 2017, Guyana and China celebrated 45 years of friendship with a “China and Guyana: 45 years of friendship” seminar to commemorate the event. Then Prime Minister Moses Nagamootoo, who was performing the functions of the President, delivered the keynote address at the Chinese Embassy. Nagamootoo commended then Ambassador Cui Jianchun for his initiative. “Guyana committed itself to the One China Policy, it was an attempt to forge a lasting relationship”, the Prime Minister said, noting too that Guyana has always chosen its friends strategically. This file photo shows the seminar in progress.

Guyana has acquiesced to the establishment of a Taiwanese investment office here, a move certain to upset its 48-year ties with the People’s Republic of China which have been underpinned by adherence to the `One China Policy’.

Guyana’s Minister of Foreign Affairs Hugh Todd last night told Stabroek News  that compartmentalization was key and there will be no bilateral diplomatic relations between Guyana and Taiwan  as the ‘One China Policy’ has not been broken.

“More than half the countries in the world have investment relations with Taiwan and we are just the newest addition to that lot. China has a good relationship with Latin America and the Caribbean so I don’t see it [the decision] affecting anyone,” Todd told Stabroek News when contacted.