Paraguayan President Peña Pena resigns. Ministry of Foreign Affairs: Political situation will not affect the friendship between the two countries

President Peña Peña (pictured) of friendly country Paraguay announced his resignation due to the financial crisis. The Ministry of Foreign Affairs said today that it will pay close attention to the political situation in Paraguay. Taiwan and Paraguay have close cooperation and relevant plans will benefit people's livelihood and well-being. The development of the political situation will not affect the promotion of friendship and cooperation between the two countries. (AFP file photo)

Friendly country Paraguay's President Peña Peña announced his resignation due to the financial crisis. The Ministry of Foreign Affairs said today that it will pay close attention to the political situation in Paraguay. Taiwan and Paraguay have close cooperation and relevant plans will benefit people's livelihood and well-being. The development of the political situation will not affect the promotion of friendship and cooperation between the two countries.

Santiago Peña Palacios triggered a severe financial crisis due to the collapse of Ueno Bank, and announced his resignation as president, with Vice President Ariana taking over to lead the country. The financial crisis affected nearly 3 million customers and triggered violent political turmoil in Paraguay. According to official information from the Ministry of Foreign Affairs, Paraguay has a population of approximately 6.37 million people.

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Regarding the changes in the political situation in friendly countries, the Ministry of Foreign Affairs pointed out in response to a question from a reporter from Central News Agency that it will pay close attention to the political situation in Paraguay and respect the country’s constitutional system and democratic procedures.

The Ministry of Foreign Affairs emphasized that Taiwan and Pakistan have close cooperative relations, and relevant projects benefit people's livelihood and well-being. Political developments will not affect the promotion of friendship and cooperation between the two countries. Taiwan will also continue to uphold the spirit of mutual benefit and common prosperity, jointly promote exchanges and cooperation in various fields with Pakistan, and deepen the long-standing and solid bilateral democratic alliance relationship. (Editor: Zhai Sijia) 1151106