Honduras has officially formed diplomatic ties with China after breaking off relations with Taiwan. Honduras was one of 14 countries to recognize Taiwan, but the latest decision ends 74 years of bilateral international relations.
In a statement, the Honduras Foreign Ministry said that “The Government of the Republic of Honduras recognizes the existence of a only China in the world, and that the Government of the People’s Republic of China is the only Legitimate Government that represents all of China. Taiwan is an inalienable part of Chinese territory, and as of today, the Honduran government has informed Taiwan of the severance of diplomatic relations, pledging not to have any official relationship or contact with Taiwan.”
The Move comes as Honduras asked Taiwan for nearly $2.5 million to fund public projects and eliminate debt, which was compared to assistance that could have been obtained by China. The decision to cut ties was dismissed by Taiwan President Tsai Ing-wen, who said that it was “a meaningless contest of dollar diplomacy with China.” Likewise, Honduras has been looking to increase foreign investments in the country as China seeks to expand its economic influence over Latin America.