New Delhi, 06 January 2022

As per news report of BBC, Taipei said it aims to make its first investment later this year and the money is guaranteed by its national development fund and central bank. It comes after Lithuania allowed Taiwan to open a de facto embassy there, a potential sign of growing ties. China downgraded its diplomatic relations with Lithuania days later. Announcing the plan, Taiwan's deputy minister for foreign affairs Harry Ho-jen Tseng told Lithuania: "It's time for us to help with your difficulties." The announcement comes as Taiwan is sharing tips with the public on how to drink and cook with rum after it bought 20,000 bottles of Lithuanian rum bound for China.

Source - BBC

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