Dante Mossi, president of the Central American Bank for Economic Integration (CABEI), until December of this year, assured that they will present an investigation that shows that no Central American country has “significant gain” when relating to the People’s Republic of China, contrary to the profits they obtained from the ties with China Taiwan.
Mossi made a post on his LinkedIn account and accompanied it with a photograph of a replica of Taiwan’s most iconic building, Taipei 101, which is located in a plaza in Tegucigalpa.
“Which reminds us that the Republic of China Taiwan is the biggest shareholder of the Central American Bank for Economic Integration – CABEI and its impact in the region eclipses any commercial impact of any other country in Asia,” he said categorically.
Likewise, he said that they carried out a research work that will be published under the name of “Taiwan Paper”, “which shows that no country of the eight central countries of Central America has a significant profit from trade or investment with the People’s Republic of China.” in the many years that they have established diplomatic ties.”
Panama could be the exception
nonetheless, he considers that perhaps the only exception to this unproductive relationship may be Panama, due to the characteristics of trade through the interoceanic Canal of that country.
Also, Mossi says you have to take into account that we are too far from Asia, and the size of Central America is not that attractive to Asian mammoths.
“Of the more than $16 billion in loans granted by the Central American Bank for Economic Integration – CABEI in the last four years, the shareholding of almost 11% of the Republic of China #Taiwan and its credit rating have permeated in our region sovereign AA+. For that, thank you very much! Xie Xie”, closed his post Mossi.
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