Guyana has acquiesced to the establishment of a Taiwanese investment office here, a move certain to upset its 48-year ties with the People’s Republic of China which have been underpinned by adherence to the `One China Policy’.
Guyana’s Minister of Foreign Affairs Hugh Todd last night told Stabroek News that compartmentalization was key and there will be no bilateral diplomatic relations between Guyana and Taiwan as the ‘One China Policy’ has not been broken.
“More than half the countries in the world have investment relations with Taiwan and we are just the newest addition to that lot. China has a good relationship with Latin America and the Caribbean so I don’t see it [the decision] affecting anyone,” Todd told Stabroek News when contacted.