The Nicaraguan government on Wednesday shuttered four associations with ties to Taiwan after the Central American country two years ago cut official diplomatic relations with the nation in favor of China.
The Nicaraguan Ministry of the Interior said that the assets of the four associations — including the Taiwanese Chamber of Commerce in Nicaragua and the Taiwanese-Nicaraguan Business Chamber — would be transferred to the state.
The government accused the associations of not submitting their financial statements as required by regulations for non-profit entities, a notice in the government gazette said.
Photo: Reuters
The shuttering of the four bodies also comes in the context of a government crackdown on non-governmental organizations, of which about 3,500 have been closed since 2018.
Nicaragua toughened laws governing non-profits after violent protests against the government in 2018.
Taipei has once again made it to the top 100 in Oxford Economics’ Global Cities Index 2025 report, moving up five places from last year to 60. The annual index, which was published last month, evaluated 1,000 of the most populated metropolises based on five indices — economics, human capital, quality of life, environment and governance. New York maintained its top spot this year, placing first in the economics index thanks to the strength of its vibrant financial industry and economic stability. Taipei ranked 263rd in economics, 44th in human capital, 15th in quality of life, 284th for environment and 75th in governance,
Greenpeace yesterday said that it is to appeal a decision last month by the Taipei High Administrative Court to dismiss its 2021 lawsuit against the Ministry of Economic Affairs over “loose” regulations governing major corporate electricity consumers. The climate-related lawsuit — the first of its kind in Taiwan — sought to require the government to enforce higher green energy thresholds on major corporations to reduce emissions in light of climate change and an uptick in extreme weather. The suit, filed by Greenpeace East Asia, the Environmental Jurists Association and four individual plaintiffs, was dismissed on May 8 following four years of litigation. The
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