Taiwan is closing its representative office in Papua New Guinea due to repeated demands from PNG, which adheres to a "one-China policy." This closure will end Taiwanese technical assistance and halt decades of cooperation, including the purchase of liquefied natural gas (LNG) from PNG. Taipei expressed regret over the situation, attributing it to pressure from Beijing. AI
RANK_REASON Geopolitical policy shift impacting trade and diplomatic relations. [lever_c_demoted from significant: ic=1 ai=0.0]
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