Honduras Foreign Minister Rena said that the establishment of diplomatic relations with mainland China is because economic needs and Taiwan refuse to increase financial assistance.

Comprehensive reports of the Taiwan China Times, Agence France -Presse and Reuters, etc., Eduardo Reina said on Wednesday (March 15) in a conversation on local TV station Canal 5, Non -ideological, decided to seek formal diplomatic relations with mainland China.

Reina said: "We need to invest and cooperate. The demand for the people of Honduras is great. We propose to establish a more important relationship, but Taiwan refuses."

He said, Honduras requiresTaiwan will double the gold aid of 50 million US dollars (the same below, about 67.54 million yuan), and study the "re -adjustment" of Honduras' $ 600 million debt owed to Taiwan, but has not received positive responses.

Rena pointed out that Honduras needs in energy, social policy, and debt repayment, and those debts are "drowning this country."

He also said that Honduras paid $ 2.2 billion last year and must pay another $ 2.3 billion this year to repay domestic and foreign debt, which has a total of $ 20 billion.

Reina mentioned that 171 countries around the world have diplomatic relations with mainland China. Economic reality makes Honduras "make this decision" to seek more investment and business opportunities.

Honduras is afraid of breaking diplomatic relations with Taiwan. Has the Taihong Free Trade Agreement (FTA), which has been signed for nearly 16 years?Taiwan Economic Minister Wang Meihua said that it would respect the overall policy considerations of the Ministry of Foreign Affairs. In 2022, Taiwan exported Honduras to US $ 63.14 million, accounting for only 0.01 % of the total export trade. If the FTA really canceled, the impact on Taiwan was limited.

If Honduras really breaks her diplomatic relations with Taiwan, the 104 people's scholarships will be suspended among the 359 students studying in Taiwan's college.