|
TAIPEI, Taiwan (AP) - Taiwan is considering writing off or reducing the debts it is owed by some of its most impoverished diplomatic allies, an official said Saturday, as the island seeks to strengthen its diplomatic position in Africa and Latin America.
Taiwan and rival China split amid civil war in 1949 and have long grappled for diplomatic recognition around the world, with both sides routinely offering generous grants or other financial incentives to poor nations.
Taiwanese authorities are "seriously studying" a debt reduction plan based on humanitarian concerns for the island's poorer allies, said Roy Wu, a Foreign Ministry spokesman.
|