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Nicaragua approves Taiwan trade
deal
Nicaragua's Congress ratified a
trade deal with Taiwan on
Wednesday with support from the
opposition Sandinistas, despite
promises by President-elect
Daniel Ortega to renew
diplomatic relations with China.
Leftist Ortega, a former Cold
War foe of the United States,
won last month's presidential
elections and says he wants to
heal old divisions in Nicaragua.
He said early in the election
campaign he would re-establish
relations with Beijing, which
Nicaragua recognized during his
rule in the 1980s. But he has
since met visiting Taiwanese
officials who have offered to
increase financial aid to
Nicaragua, the poorest country
in the Americas after Haiti.
Nicaragua cut ties with China
and established relations with
Taiwan when Ortega lost an
election in 1990.
The Central American country
plans to export coffee, nuts,
beef, craftwork, sugar cane and
steel to Taiwan.
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