Taiwan Increases Budget for Latin America and Caribbean Alliances
The Taiwanese government’s budget proposal for the upcoming fiscal year includes an increase of $32.8 million aimed at strengthening ties with Latin America and the Caribbean. This will elevate the division’s overall budget by nearly 20%, reaching a historic total of $177 million.
This funding boost is part of the “Allies Prosperity Project,” an initiative that began under Foreign Minister Lin Qia Lang. Last year, efforts were made to solidify Taiwan’s alliances with various countries in the region.
The Allies Prosperity Project includes promotional campaigns, workshops, university partnerships, think tank collaborations, support for non-governmental organizations (NGOs), and visits to Taiwan for key figures from Latin America and the Caribbean.
As China intensifies its efforts to persuade countries to sever ties with Taiwan, it has become increasingly vital for Taiwan to bolster these alliances. The People’s Republic of China (PRC) has invested significant resources to encourage developing nations to recognize Beijing instead of Taipei.
Since 2016, China has made significant moves in this regard, successfully gaining recognition from several countries. Currently, Taiwan maintains diplomatic relations with 11 countries, including six in Latin America and the Caribbean: Guatemala, Haiti, Paraguay, St. Lucia, St. Kitts and Nevis, and St. Vincent and the Grenadines.
While the U.S. does not officially recognize Taiwan, it supports the island’s autonomy strongly. This stance dates back to 1979 when the U.S. shifted focus to recognizing the communist government in Beijing.
The trade relations bolstered by Taiwan’s advanced semiconductor and high-tech industries are another essential aspect of these alliances. One aim of the Allies’ Prosperity Project is to enhance prosperity among allies so that more Taiwanese products can reach these markets.
Lin highlighted ongoing operations of the project, including initiatives in Paraguay to develop an integrated hospital information system and collaboration with Eswatini on projects aimed at energy security. Taiwan is also aiding Palau in its efforts to become a smart, sustainable island.
Lin emphasized the significance of Taiwan’s semiconductor industry and called for global recognition of Taiwan’s rightful place on the international stage.
He proposed that a practical step forward would be to challenge China’s opposition to Taiwan’s involvement in United Nations activities, noting how the UN has historically yielded to Beijing’s pressure to sidelining Taiwan.
In August, a bipartisan group of U.S. senators introduced a bill aimed at countering China’s efforts to isolate Taiwan by supporting countries that maintain relations with the island nation.
Senator Jeff Merkley (D-OR), a sponsor of the bill, stated that China’s tactics are part of a broader strategy to reshape global dynamics through coercive means. He expressed that the bill seeks to affirm that nations should have the freedom to establish partnerships without fear of repercussions from Beijing.
Co-sponsor Pete Rickett (R-NE) noted that China aims to enforce unity without conflict, making diplomatic isolation of Taiwan a key objective in its strategy.





