Thursday 8 December 2022

Nicaragua delivers ancient Taiwanese goods to China

Paying the bills


Bukele’s surprise and private visit to Costa Rica

QCOSTARICA - El Salvador president Nayib Bukele made a...

Regular gas drop approved, while super and diesle go up

QCOSTARICA - The regulating authority of public services, the...

Kölbi has the fastest mobile network in Costa Rica

QCOSTARICA - Kölbi, the brand of the state-owned utility,...

Refund on Marchamo for early payers announced

QCOSTARICA - Paid your Marchamo in November? If you...

U.S. allocates US$22 million to the immigration crisis in Panama

Q24N (EFE) The United States has allocated close to...

El Salvador is a “time bomb”

Q REPORTS - According to a recent report from...

Sports Odds Explained

Different Types Of Sportsbooks Odds. For newcomers, betting odds...

Dollar Exchange

¢596.96 Buy

¢604.15 Sell

7 December 2022 - At The Banks - BCCR

Paying the bills


TODAY NICARAGUA (EFE) The Government of Nicaragua reported on Monday that all the assets that the Government of Taiwan had in the country remain “with absolute and unrestricted ownership of the domain” of China, as a result of the establishment of relations with the Asian giant after having broken them with the island.

Daniel Ortega broke with Taiwan and reestablished relations with mainland China. Here with former ambassador Jaime Chun Wu, who was nationalized from Nicaragua with his wife after the breakdown of relations. La Prensa

“The recognition by a State, of the reality of a single China, as happened in the case of Nicaragua on December 9, 2021, implies the immediate registration of all real estate, personal property, equipment and means, in favor of the Recognized State, the People’s Republic of China, with absolute and unrestricted ownership of the domain,” indicated the Nicaraguan Attorney General’s Office, in a public note.

Nicaragua reported its decision after the newspaper La Prensa, the oldest in the country, said it had confirmed that, before leaving Nicaraguan territory, the representative of Taiwan gave all its assets as a donation to the Catholic Church, a critic of the Government of Nicaragua.

- Advertisement -

President Daniel Ortega, who has accused the religious of being behind an alleged “coup.”

“According to our legislation, there are no transactions, transfers, or transfers between these, supposed donations, whose intention only shows the illegal and voracious nature of those who seek, with maneuvers and subterfuges, to appropriate what is foreign,” added the Attorney General’s Office.

According to La Prensa, until Sunday, the Catholic Church, which until now has not ruled on the case, was in the process of registering the properties donated by Taiwan, considered by China a rebellious province.

The Attorney General of the Republic of Nicaragua warned of possible legal actions against the claimants.

“Those entities that insist on illegitimate and illegal claims will be exposed to the corresponding courts and legal actions,” said the Attorney General’s Office.

Nicaragua broke relations with Taiwan after 31 years, when the island had become the main cooperator and one of the main commercial partners of Nicaragua, in a context in which the Nicaraguan economy had declined as a result of the socio-political crisis that began with the 2018 anti-government outbreak.

- Advertisement -

Nicaragua had already had diplomatic relations with China between 1985 and 1990, during Ortega’s first term as president.

Article originally appeared on Today Nicaragua and is republished here with permission.

- Advertisement -
Paying the bills
Avatar photo
Q24N is an aggregator of news for Latin America. Reports from Mexico to the tip of Chile and Caribbean are sourced for our readers to find all their Latin America news in one place.

Related Articles

El Salvador is a “time bomb”

Q REPORTS - According to a recent report from the Human...

Two hopes crushed in one game at Qatar World Cup group stage

QCOSTARICA - A thrilling Thursday in Qatar has brought into question...

Subscribe to our stories

To be updated with all the latest news, offers and special announcements.