Taipei: Lai Ching-te, Taiwan’s Vice President, is set to visit Paraguay in August, making stopovers in New York and Dallas during his journey. This development has been a major highlight in various Taiwan dailies, signifying the importance of this trip for Taiwan’s diplomatic relations.

According to Focus Taiwan, the visit is part of a larger itinerary that includes meetings with three of Taiwan’s diplomatic allies in Central and South America. This tour underscores Taiwan’s efforts to strengthen relations with its allies amid growing geopolitical tensions.

The visit to Paraguay is being closely watched as the country is one of Taiwan’s few remaining diplomatic allies. The Paraguayan President, Santiago Pe±a, is reportedly preparing for Lai’s visit, indicating the significance of this diplomatic engagement. This trip is also seen as a strategic move to reinforce Taiwan’s presence in the international arena.

In addition to the diplomatic tour, Taiwan is making strides in other areas. The Economic Daily News reported that the ban on Nvidia’s H20 chip sales to China has been lifted, showcasing Taiwan’s pivotal role in the global tech industry. Moreover, the Commercial Times highlighted Taiwan’s ambition to become a global financial hub, with Premier Chen Chien-jen announcing five key programs to achieve this goal. These developments reflect Taiwan’s multifaceted approach to bolstering its global standing.