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Taiwan Outraged by Panama's Decision to Cut Diplomatic Ties With Taipei

© AP Photo / Chiang Ying-yingDancers perform during the inauguration ceremony of Taiwan's President Tsai Ing-wen in Taipei, Taiwan, Friday, May 20, 2016
Dancers perform during the inauguration ceremony of Taiwan's President Tsai Ing-wen in Taipei, Taiwan, Friday, May 20, 2016 - Sputnik International
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Taiwan's Foreign Minister David Lee said that Taiwan regrets and is outraged by Panama's decision to break diplomatic ties with the island.

The Chinese flag is seen in front of a view of the moon at Tiananmen Square in Beijing on December 13, 2013 - Sputnik International
Panama Establishes Formal Relations With China, Breaks Ties With Taiwan
BEIJING (Sputnik) — Taiwan regrets and is outraged by Panama's decision to break diplomatic ties with the island, Taiwan's Foreign Minister David Lee said on Tuesday, adding that Taipei would cut ties and halt all cooperation projects with Panama City.

"Panama succumbed to Beijing's influence for the sake of economic interest, informing Taiwan on a unilateral rupture of diplomatic relations, what we regret and what we are outraged by," Lee told a press conference as quoted by the CNA news agency, adding that Taiwan would cut all contacts and cooperation with Panama and pull out its diplomatic staff from the country.

Earlier on Tuesday, Panama’s President Juan Carlos Varela said the Central American country was breaking diplomatic ties with Taiwan and establishing official relations with China.

Taiwan now has formal ties with 20 governments, 12 of which are Latin America and the Caribbean.

After Chinese Nationalist forces were defeated by Mao Zedong’s Communists, the Nationalist government moved to Taiwan in 1949. Since then, Beijing has viewed the self-ruled, democratic island as a breakaway province. The United States, along with many other countries, does not recognize Taiwan as a sovereign nation and sticks officially to the "One China" position, but has kept informal relations with the island after severing diplomatic ties with it in 1979.

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