Radio Taiwan International
Date: 2018-05-23

The foreign minister, Joseph Wu, says that Taiwanese funding for sporting facilities in the

Solomon Islands will be provided through a loan rather than a donation.

The island nation, one of Taiwan’s diplomatic allies, is preparing to host the Pacific Games in 2023. The country has requested Taiwan’s assistance in building the facilities it will need. This request has raised questions about whether Taiwan will help cover the cost of the building projects.

Asked about the issue at the Legislature on Wednesday, the foreign minister said Taiwan’s assistance will take the form of a strategic financial plan. He said that in addition to providing a loan, the plan will allow Taiwanese firms to invest in the Solomon Islands and let Taiwanese companies help build the facilities for the games.

Wu said this plan will benefit the Solomon Islands and its people as well as Taiwanese businesses. He also said that further discussions will be needed before Taiwan makes any loan. He said Taiwan must also confirm the Solomon Islands’ credit and confirm the country’s ability to repay the loan.  [SOURCE]