Paraguayan politician and economist, president-elect as of 2023
Paraguay's president Santiago Peña has visited Taiwan and has reaffirmed diplomatic support, signing cooperation agreements and praising shared democratic values. China has urged Paraguay to sever ties, saying most Paraguayans favour establishing relations with Beijing, and has criticised Paraguayan officials who visit Taipei.
Paraguay, a rare South American ally of Taiwan, is hosting a business delegation led by Peña as President Lai Ching‑te welcomes him with military honors. Beijing is intensifying pressure on Taiwan’s diplomatic partners, while Taiwan has sought to project international presence and expand ties.