Although he said he did not have detailed information on the subject, he said that because of the geographical location and the interoceanic channel, the Isthmian nation will be a bridge towards Central America of Chinese products, technologies and technicians.

With the break with Panama, there are only 20 nations in the world that maintain relations with Taipei, while 175 recognize the government of Beijing as the legitimate representative of China, and academics predict a chain reaction with a similar decision, mainly in Central America and the Caribbean.

Belize, El Salvador, Guatemala, Haiti, Honduras, Nicaragua, Paraguay, Dominican Republic, Saint Kitts and Nevis; Saint Lucia and Saint Vincent and the Grenadines, are the nations that maintain Taiwanese embassies in the region, with two Africans, six in Oceania and Vatican City.

The establishment of Chinese-Panamanian diplomatic ties was described by Wang as “a historic political and strategic decision that the Panamanian government has taken in the interests of fundamental and long-term interests.”

He explained that work teams work in the two capitals to enlist the official opening of the respective embassies and create the documentary platform of bilateral agreements in political, economic, commercial, social, humanistic, tourism, investment and phytosanitary matters, he said.

The growing interest in China’s investments so far lacked a political and diplomatic guarantee, and even pointed out that China Landbridge Group, which builds the Panama-Colon Container port, “was brave because it risked even without the endorsement of relations” , He said.

“I am sure that when investment protection agreements are signed between the two countries, many other Chinese companies will arrive in Panama after the country recognized the United Nations resolution of a single China, widely supported by the international community, Meant

This diplomatic relationship opened a broad horizon for friendly cooperation between two peoples and reiterated the willingness of his government to assume the Panamanian fellows who will not continue studies in Taiwan because the agreements between Isthmian authorities and the Asian island were broken.

On the establishment of diplomatic relations with China, Dulcidio De la Guardia, Minister of Economy and Finance, considered that it was a pending task of the country, And many Panamanians were clamoring for the establishment of that link, on which President Juan Carlos Varela advanced that position in 2007, he said.