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Nicaragua shutters associations with links to Taiwan
Nicaragua shutters associations with links to Taiwan
by AFP Staff Writers
Managua (AFP) Jan 10, 2024

The Nicaraguan government on Wednesday shuttered four associations with ties to Taiwan, with which the Central American country cut diplomatic relations two years ago in favor of China.

The interior ministry also decreed that all assets of the four -- including the Taiwanese Chamber of Commerce in Nicaragua and the Taiwanese-Nicaraguan Business Chamber -- will pass to the state.

The government accused the associations of not submitting their financial statements as they are bound under the law on non-profits, according to a notice in the government gazette.

Since Managua reestablished diplomatic ties with Beijing in 2021, the new allies have signed several deals, including for a $430 million loan for Nicaragua to build an international airport and liquefied gas terminal.

They also signed a free trade agreement last year.

Beijing considers self-ruled Taiwan as its own territory and has vowed to seize it one day, by force if necessary.

In Central America, only Guatemala and Belize maintain diplomatic ties with Taiwan. The last to change sides was Honduras, last March.

The shuttering of the four bodies also comes in the context of a government crackdown on NGOs, of which some 3,500 have been closed down since 2018.

Nicaragua toughened laws governing non-profits after anti-government protests in 2018 that left more than 200 dead in clashes with the armed forces.

Managua, which views the protests as part of an attempted coup promoted by Washington, claims they were funded by some NGOs.

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