DIRS.INFO The most relevant business & tech news

But Pena, who has powerful party backing, is able to keep a cool head amid the tumult, his supporters say. "I think what characterizes him is that he has infinite tranquility," said Lea Gimenez, who served as Pena's deputy when he was finance minister and was later finance minister herself. Opinion polls suggest either Pena or center-left opposition leader Efrain Alegre could triumph and most analysts predict a close race. "He matured very quickly, being a young father... he became an adult very quickly," a former colleague told Reuters. He became finance minister in 2015.

☆ Taiwan or China? Paraguay's dilemma puts election race in the spotlight
▼ + stars: | 2023-04-24 | by ( Lucindaalice Elliott | Daniela Desantis | ) www.reuters.com time to read: +5 min

[1/2] Paraguayan presidential candidate Santiago Pena from ruling Colorado Party, attends his campaign rally, in Asuncion, Paraguay April 18, 2023. REUTERS/Cesar OlmedoASUNCION, April 24 (Reuters) - From Paraguayan capital Asuncion to Taipei and Washington, diplomats, officials - and farmers - are closely watching a tight election race that could determine Paraguay's future ties with Taiwan. "How can I deny a relationship that is beneficial for all Paraguayans, a people that need development, need investment, need industry?" China has long argued that democratically-ruled Taiwan is part of its own territory with no right to state-to-state ties, a position Taipei strongly rejects. 'WHEN, NOT IF'Among diplomatic circles in Asuncion there is a sense a switch is inevitable - regardless of the election outcome.

☆ Taiwan 'perplexed' by Paraguay candidate questioning of ties
▼ + stars: | 2023-04-20 | by ( ) www.reuters.com time to read: +1 min

Speaking to reporters in Taipei, Taiwan Foreign Minister Joseph Wu said Alegre's public comments "certainly have caused some perplexity". We will do our best to maintain diplomatic relations with Paraguay." Paraguay is one of only 13 countries to maintain formal diplomatic ties with Chinese-claimed Taiwan, and China has been stepping up efforts to win over the island's remaining allies. China has long argued that democratically ruled Taiwan is part of its own territory with no right to state-to-state ties, a position Taipei strongly rejects. China demands that countries it has ties with must adopt its position that Taiwan is Chinese territory.

☆ Exclusive: Paraguay opposition leader plans state 'austerity' vs tax hikes on farmers
▼ + stars: | 2023-04-18 | by ( Daniela Desantis | ) www.reuters.com time to read: +2 min

Soy exports currently face no levies, boosting competitiveness, but the country's diplomatic ties with Taiwan have closed doors to China. Peña, the ruling party candidate, has said publicly he wants to crack down on tax evasion and have more people working in the formal economy. Alegre has criticized Paraguay's current diplomatic relations with Taiwan going back over 60 years, which have made it hard to sell soy and beef to China, a major global buyer. "We are going to solve this based on national interests and of course also based on our alliances in international politics. The current relationship is insufficient, we have a critical position to what we have today," he said.

The Chinese Embassy in Washington called self-ruled Taiwan "an inalienable part of China" and said the one-China principle was an "overwhelming trend" internationally. When Taiwan temporarily averted a split with Honduras after President Xiomara Castro took office in January 2022, U.S. State Department officials remained wary. The Biden administration is also keeping a close eye on tiny Belize for any cracks in its Taiwan relationship. Two U.S. officials said Washington was putting less stock in Taiwan maintaining its diplomatic allies in favor of efforts to increase its participation in international organizations. While denied a seat in the United Nations, Taiwan is a member of the WTO and the Asia-Pacific Economic Cooperation forum.

☆ In Paraguay, calls for change test Colorado Party's political machine
▼ + stars: | 2023-03-28 | by ( Daniela Desantis | ) www.reuters.com time to read: +3 min

ASUNCION, March 28 (Reuters) - Paraguay's ruling Colorado Party - a conservative political machine that has dominated government in Asuncion for some eight decades - could be facing a major challenge at the ballot box next month. Many voters say they feel it is time for something new. Pena may also be impacted by a U.S.-led graft probe into Horacio Cartes, a former Colorado president who led the country from 2013 to 2018. However, the Colorado party retains a powerful election campaign machine and supporter base that goes back generations. Adelina Caceres, director of a public school in the town of Guarambare, on the outskirts of the capital, said she supported the Colorado party mainly because "her grandfather had been Colorado," and despite being often frustrated by them.

☆ Paraguay president seeks to calm China jitters on Taiwan trip
▼ + stars: | 2023-02-18 | by ( ) www.reuters.com time to read: +2 min

[1/2] Taiwan President Tsai Ing-wen and visiting Paraguay President Mario Abdo Benitez attend a welcome ceremony in front of the Presidential building in Taipei, Taiwan, February 16, 2023. Paraguay is one of only 14 countries to have formal diplomatic relations with Chinese-claimed Taiwan, and Beijing has been stepping up efforts to get those remaining allies to abandon Taipei. "Nobody is going to dare to go ahead with a process of diplomatic rupture with the Republic of China, Taiwan," he said, referring to Taiwan's official name. Santiago Pena, the ruling Colorado Party candidate, has said Paraguay's relations with Taiwan would remain intact if he wins on April 30. China views Taiwan as one of its provinces, with no right to state-to-state ties, a position Taipei hotly disputes.

☆ Destiny unites us, Paraguay leader says as Taiwan ties hang in balance
▼ + stars: | 2023-02-16 | by ( ) www.reuters.com time to read: +2 min

[1/5] Taiwan President Tsai Ing-wen and visiting Paraguay President Mario Abdo Benitez arrive at the welcome ceremony in front of the Presidential building in Taipei, Taiwan, February 16, 2023. Speaking at a welcome ceremony in Taipei attended by Taiwan President Tsai Ing-wen, Abdo said the Taiwanese people deserve the highest admiration, respect, and affection from his country. Tsai, recalling her two trips to Paraguay as president, said the two sides continued to deepen their friendship. Paraguay's Taiwan ties have been under pressure in recent years, especially from the country's beef producers and farmers, who see the relationship as an obstacle to gaining access to the world's largest market for their products. China views Taiwan as one of its provinces, with no right to state-to-state ties, a position Taipei hotly disputes.

☆ Paraguay president to visit Taiwan ahead of election that could end ties
▼ + stars: | 2023-02-09 | by ( ) www.reuters.com time to read: +2 min

Paraguay is one of only 14 countries to have formal diplomatic relations with Chinese-claimed Taiwan, and Beijing has been stepping up efforts to get those remaining allies to abandon Taipei. Paraguay would cut diplomatic ties with Taiwan and open relations with China if the opposition wins the election, its presidential candidate Efrain Alegre has said, hoping to boost economically important soy and beef exports. "Taiwan and Paraguay have had diplomatic relations for more than 65 years and a deep friendship," the ministry added. Santiago Pena, the ruling Colorado Party candidate, has said Paraguay's relations with Taiwan would remain intact if he wins on April 30. China views Taiwan as one of its provinces, with no right to state-to-state ties, a position Taipei hotly disputes.

☆ Exclusive: Paraguay election race puts Taiwan ties on a knife-edge
▼ + stars: | 2023-01-05 | by ( Daniela Desantis | ) www.reuters.com time to read: +5 min

Paraguay is one of only 14 nations globally that retains diplomatic ties with Taiwan and the only South American country to do so. "Paraguay must have relations with China," Alegre said in a recent interview after being named presidential candidate. "We hold this critical position towards relations with Taiwan because we don't think we get enough back from this relationship." Santiago Pena, the Colorado Party candidate, said Paraguay's over six decades of ties with Taiwan would remain intact if he won the April 30 vote. "What we produce is enough for a neighborhood in a city in China, but what interests (Beijing) is us breaking ties with Taiwan.

Search resuls for: "SANTIAGO PENA"

10 mentions found