[NYTr] Taiwan president starts visit to Nicaragua Date: Mon, 27 Aug 2007 17:20:05 -0500 (CDT) Via NY Transfer News Collective * All the News that Doesn't Fit AFP via Yahoo - Aug 27, 2007 http://news.yahoo.com/s/afp/20070827/wl_asia_afp/nicaraguataiwandiplomacy Taiwan president starts visit to Nicaragua MANAGUA (AFP) - Taiwanese President Chen Shui-bian has began a visit to Nicaragua as he faced criticism at home over financial pledges he has made during his Central American tour. Chen was met at Manugua's international airport Sunday by President Daniel Ortega and his wife as well as cabinet officials at the start of his three-day visit designed to bolster ties to Nicaragua and shore up diplomatic support for Taiwan, local media reported. "It is my hope during this state visit that we can increase the bonds of cooperation between the two countries," said Chen, who was accompanied by a large delegation including business executives. It was the second visit to Nicaragua by Chen this year to offer assistance to Ortega's Sandinista government while drumming up backing for Taiwan's bid to join the United Nations. Chen arrived in Nicaragua as an opposition lawmaker on Sunday criticized the president over his generous financial commitments made during his visit to Central America. Chen's pledges included a five-million US dollar loan to Honduras while visiting the country last week and the possible construction of a hydraulic power plant there at a cost of 300 million dollars. A legislator from the leading opposition Kuomintang (KMT) blasted Chen's financial largesse. "Chen lavished money during his trip to Central America, but the measure is a failure," KMT legislator Justin Chou told AFP. "This is just a waste of taxpayers' money." Chen earlier defended his measures as consistent with the former KMT government's policies. "Has the former KMT government not spent a lot of money?...they spent even more," Chen told reporters covering the three-leg trip, Taiwan television stations reported Sunday. Chen also accused Beijing of stepping up its efforts to squeeze Taiwan internationally. Taipei and Beijing have previously accused each other of using money to lure away allies. Taiwan recently launched its 15th bid -- endorsed by 15 allies -- to secure a UN seat. Its application will likely come up for discussion at a meeting of the General Assembly on September 19. The island, under its official name the Republic of China, lost its UN seat to China in 1971. Its efforts to rejoin have been repeatedly blocked by Beijing. Taiwan is recognised by 24 countries, half of them from Latin America. In Nicaragua, Ortega asked his Taiwanese counterpart to provide "long-term" investment in the country's agricultural sector. During a visit with Chen to the northern city of Matagalpa, Ortega said the two leaders spoke about Taiwan investment in agriculture and livestock so that "we can advance in our struggle against hunger and poverty." Chen's stay in Nicaragua will include a scheduled visit to a hospital specializing in heart diseases faced with financial difficulties. * ================================================================= .NY Transfer News Collective * A Service of Blythe Systems . Since 1985 - Information for the Rest of Us . .339 Lafayette St., New York, NY 10012 http://www.blythe.org . List Archives: https://blythe-systems.com/pipermail/nytr/ . Subscribe: https://blythe-systems.com/mailman/listinfo/nytr =================================================================