China has set up a trade mission in Taiwan’s diplomatic ally Sao Tome and Principe, Minister of Foreign Affairs David Lin (林永樂) said yesterday, adding that the establishment of commercial ties with Beijing would not affect the country’s diplomatic relations with Taiwan.
Lin confirmed media reports from Sao Tome that the Chinese trade mission was opened after the two countries signed an agreement on Tuesday in the former Chinese embassy in the capital, Sao Tome.
The agreement, a reflection of China’s increasing presence in Africa, made Sao Tome and Principe the first of Taiwan’s four diplomatic allies in Africa to have a Chinese trade mission.
“I do not see the possibility of [Sao Tome restoring diplomatic ties with China] at the present,” David Lin told Chinese Nationalist Party (KMT) Legislator Lin Yu-fang (林郁方) at a meeting of the legislature’s Foreign Affairs and National Defense Committee.
“The Ministry of Foreign Affairs was not kept in the dark about the situation,” he said. “We have been keeping tabs on that and they [Sao Tome officials] told us in advance.”
Sao Tome and Principe became a diplomatic ally of China after the island nation became independent from Portugal in 1975. It switched recognition to Taiwan in 1997. A Portuguese-speaking country, it is a member of the Community of Portuguese Language Countries, which has strengthened its links with China after Beijing’s establishment of the Forum for Economic and Trade Cooperation between China and Portuguese-speaking countries — the Macau Forum — in 2003. The forum reviews Chinese investments in those countries.
Liberato Moniz, who represented Sao Tomean President Manuel Pinto da Costa at Tuesday’s signing ceremony, was quoted by Reuters as saying: “The islands of Sao Tome must be open to the world, making friends and partnerships.”
Sao Tomean Public Works Minister Osvaldo Abreu said Chinese businesspeople and industrialists would soon arrive and a planned US$400 million deepwater port could be a target for potential collaboration.
Sao Tome and Principe’s economy is heavily dependent on cocoa exports, but its location at the center of the oil-rich Gulf of Guinea has raised interest in its potential as a possible future oil and gas producer, Reuters reported.
Another media report said China has appointed Zhang Hanwu to head the new trade office.
Zhang said that the mission would promote trade involving Chinese businesspeople with investments in Sao Tome and Principe, Angola and Portugal.
According to the Reuters report, Sao Tomean officials did not say whether the deal with Beijing would affect ties with Taipei.
Sao Tomean Ambassador Antonio Quintas, who took office early last month, did not respond to inquiries from the Taipei Times.
Department of West Asian and African Affairs Director-General David Wang (王建業) yesterday said that Pinto da Costa’s administration “has given its word to Taiwan both in his country and in Taipei” that the plan to develop ties with China was economic in nature and has nothing to do with the country’s diplomatic ties with Taiwan.
Taiwan is not opposed to its diplomatic allies developing economic and trade relationships with China because it understands that having such relationships brings economic advantages, but it hopes the relations will not spill over to the political front, Wang said.
China has established trade missions in three of the nation’s diplomatic allies: Panama, the Dominican Republic and Haiti.
Intelligence agents have recorded 510,000 instances of “controversial information” being spread online by the Chinese Communist Party (CCP) so far this year, the National Security Bureau (NSB) said in a report yesterday, as it warned of artificial intelligence (AI) being employed to generate destabilizing misinformation. The bureau submitted a written report to the Legislative Yuan in preparation for National Security Bureau Director-General Tsai Ming-yen’s (蔡明彥) appearance before the Foreign Affairs and National Defense Committee today. The CCP has been using cognitive warfare to divide Taiwanese society by commenting on controversial issues such as Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) investments in the
HELPING HAND: The steering committee of the National Stabilization Fund is expected to hold a meeting to discuss how and when to utilize the fund to help buffer the sell-off The TAIEX plunged 2,065.87 points, or 9.7 percent, to close at 19,232.35 yesterday, the highest single-day percentage loss on record, as investors braced for US President Donald Trump’s tariffs after an extended holiday weekend. Amid the pessimistic atmosphere, 945 listed companies led by large-cap stocks — including Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), Hon Hai Precision Industry Co (鴻海精密) and Largan Precision Co (大立光) — fell by the daily maximum of 10 percent at the close, Taiwan Stock Exchange data showed. The number of listed companies ending limit-down set a new record, the exchange said. The TAIEX plunged by daily maxiumu in just
INVESTIGATION: The case is the latest instance of a DPP figure being implicated in an espionage network accused of allegedly leaking information to Chinese intelligence Democratic Progressive Party (DPP) member Ho Jen-chieh (何仁傑) was detained and held incommunicado yesterday on suspicion of spying for China during his tenure as assistant to then-minister of foreign affairs Joseph Wu (吳釗燮). The Taipei District Prosecutors’ Office said Ho was implicated during its investigation into alleged spying activities by former Presidential Office consultant Wu Shang-yu (吳尚雨). Prosecutors said there is reason to believe Ho breached the National Security Act (國家安全法) by leaking classified Ministry of Foreign Affairs information to Chinese intelligence. Following interrogation, prosecutors petitioned the Taipei District Court to detain Ho, citing concerns over potential collusion or tampering of evidence. The
‘COMPREHENSIVE PLAN’: Lin Chia-lung said that the government was ready to talk about a variety of issues, including investment in and purchases from the US The National Stabilization Fund (NSF) yesterday announced that it would step in to staunch stock market losses for the ninth time in the nation’s history. An NSF board meeting, originally scheduled for Monday next week, was moved to yesterday after stocks plummeted in the wake of US President Donald Trump’s announcement of 32 percent tariffs on Taiwan on Wednesday last week. Board members voted to support the stock market with the NT$500 billion (US$15.15 billion) fund, with injections of funds to begin as soon as today. The NSF in 2000 injected NT$120 billion to stabilize stocks, the most ever. The lowest amount it