Taiwan debt to Honduras 結果共1筆

Honduras owes Taiwan approximately US＄440 million (NT＄13.8 billion) in debt, which has accumulated over several years and remains unpaid even after severing diplomatic ties with Taiwan in favor of China. The decision to end over eight decades of relations with Taiwan and establish diplomatic ties with China was made on March 25, 2023. The current president of Honduras, Xiomara Castro, did not borrow any additional funds from Taiwan, with the last loan of US＄300 million being acquired by her predecessor, Juan Orlando Hernández, in 2019. These funds were primarily used for housing reconstruction, school facilities, and nutritional lunches. Honduras hoped that establishing diplomatic relations with Beijing would result in greater economic support and loans from the Chinese government. However, the country’s white shrimp exports were affected following the diplomatic break with Taiwan. As a result, Honduras has turned to China for similar tariff preferences.