During a meeting in the presidential office of Taipéi, Arévalo and Lai witnessed the signing of another letter of intention centered on the “bilateral investments to promote supply chains ”and a memorandum of understanding that seeks to establish a“ political consultation mechanism ”between the foreign ministers of both territories.
In statements prior to the subscription of these documents, Lai said that cooperation between Taiwan and Guatemala “Constantly deepened and innovated in multiple areas, including public health, agriculture and empowerment of womenwith tangible results, ”and stressed that bilateral trade“ has been very dynamic ”in recent years.
“At the same time, Taiwan encourages more Taiwanese companies to invest in Guatemalataking advantage of its strategic location, natural resources and qualified labor, to build a Mutually beneficial industrial cooperation model”Said the Taiwanese president, according to a statement from the presidential office.
Arévalo, on the other hand, said that his government not only seeks to bring relations with Taiwan to “a new level”, but also Promote cooperation in science and technology, economyeducation and medicine, as well as “advance together towards sustainable development and global integration.”
“Guatemala and the Republic of China (Official Name of Taiwan) are sister nations, reliable friends and strategic allies (…). Mutual understanding, peace, freedom, democracy And human rights are the solid pillars of our friendship, and on those foundations we can move towards even narrower cooperation, ”said the Central American president, according to the statement.
During his four -day stay in Taiwan, Arévalo will also participate in an act on “Investment opportunities in Guatemala”, You will visit the Hsinchu Science Park —Ssee of important technology companies, such as TSMC – and will meet with Guatemalan students residing in Taiwan, among other activities.
This trip, the first of the Guatemalan President to Taiwan since he assumed the position, is particularly important for the island, whose International recognition It has been reduced in recent years due to the growing diplomatic pressure of China.
Currently, Taiwan only keeps the diplomatic support Of 12 states: seven Latin Americans and Caribbean, three oceanics, one African (Esuatini, formerly Suazilandia) and one European (Vatican City).
I had a pleasant and very productive meeting with @ChingtelaiPresident of the Republic of China Taiwan. Guatemala is moving forward in infrastructure, health and education, and this is positive for investment.
Our countries share values and history, with more investment, … pic.twitter.com/c3nhdfwy4f
– Bernardo Arévalo (@Barevalodeleon) June 5, 2025