
Published by
Reuters
Reuters
By Kirsty Needham (Reuters) – The Federated States of Micronesia (FSM) held talks with Taiwan in February about switching diplomatic ties for $50 million in assistance after frustrations with China, the outgoing president of the Pacific island nation has said in a letter. Tensions between the United States and China for security influence in the Pacific islands are rising, and FSM President David Panuelo was a prominent critic of China’s attempt to strike a 10-nation security and trade pact. Panuelo lost his seat in Tuesday’s national poll, election officials confirmed. In a letter sent to sta…