New Paraguay president stresses South American country's ties with Taiwan at swearing-in ceremony

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New Paraguay president stresses South American country's ties with Taiwan at swearing-in ceremony
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President Santiago Peña said Paraguay and Taiwan are “not just allies, but also brothers” when he was sworn in as the South American country’s new president on Tuesday.

Peña took the presidential oath outside the government palace in the capital of Asunción in a ceremony attended by several regional leaders and Taiwan’s Vice President William Lai.

Peña, an economist, easily won election earlier this year, keeping the long-ruling Colorado Party in power for five more years. In his inaugural speech, Peña, a conservative, business-friendly president, praised former President Horacio Cartes , the head of the Colorado Party who has been accused by Washington of involvement in “significant corruption." The U.S. government accuses him of bribing government officials and legislators and of having ties to people who raise money for the Hezbollah group, which Washington has deemed a terrorist organization.

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