In Paraguay, Santiago Peña was inaugurated as the new president Tuesday. The former International Monetary Fund economist is a member of the conservative Colorado Party, which has been plagued by accusations of corruption during its 70-plus years in power, with its ruling streak broken only once, between 2008 and 2013. Peña opposes abortion and same-sex marriage. In his inaugural speech, Peña reaffirmed his government’s support for Taiwan.
President Santiago Peña: “Our relationship with the Republic of China-Taiwan is an example of Paraguay’s friendly spirit with nations toward whom we have great affection and with whom we feel not only allies but also brothers. We will continue to negotiate with the world without compromising our sovereignty, territory, values and culture.”
Taiwan’s Vice President William Lai attended the inauguration.