China penalizes Haiti for maintaining relations with Taiwan

In a dramatic political move, China kept Haiti out of the USD $3 billion support funds. China announced this support fund in form of concessional loans to those Caribbean Community countries (CARICOM countries) that support the One China Policy of the People's Republic of China.

ADVERTISEMENT


The countries that will benefit from this funding include Antigua and Barbuda, Dominica, Grenada, The Bahamas, Barbados, Guyana, Montserrat, Suriname, Jamaica and Trinidad and Tobago. These countries support the One China Policy. One China Policy of People's Republic of China refuses to recognize a separate entity by the name Republic of China. Taiwan is administered by this separate entity.

The countries that will not receive the concessional loan funding include Haiti, Nevis, St. Kitts, St. Lucia, St. Vincent and the Grenadines and Belize. These countries have been penalized by China for having ties with Taiwan.

Kamla Persad-Bissessar, Prime Minister of Trinidad and Tobago informed the press about this financial aid offered by Chinese President, Xi Jinping. This announcement was made by the Head of the State of People's Republic of China during a luncheon at St. Ann's Hilton Trinidad and Conference Centre. Prime Minister Kamla Persad-Bissessar attended the luncheon with Chinese President Xi Jinping.

She clarified that the USD $3 billion concessional loan assistance will be broken in two parts of $1.5 billion each. $1.5 billion USD will be for infrastructural projects and remaining aid will be for several other projects for various types of developmental work. She also said that Trinidad and Tobago has always supported the One China Policy and that she has no problems whatsoever with the decision made by His Excellency.

Reply to this article

Read more: CARICOM, China, Taiwan, International

Related Photos

Chinese entrepreneurs and the opportunities offered by Haiti   Haiti and Taiwan, what a friend for  

« Pierre Esperance elected Secretary General of International Federation for Human Rights | Main | Haitian Politician Ties to Gang Violence »

Return to Articles List

Leave a Reply

Name (required)

E-mail (required, will not be published)

Subject: China penalizes Haiti for maintaining relations with Taiwan edit

» »

Our objective is to share with you news and information about Haiti and the people of Haiti. Traditions, habits and the way we were  or  grew are alive in this site. We highly recommend that you Subscribe to our Newsletter and also share with us some of the things that are memorable and made us unique people.