Taiwan to follow SWIFT move, sends medical aid to Ukraine

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and has sent humanitarian aid to Ukraine to show support for the international"democratic camp", the government said on Tuesday .

and has sent humanitarian aid to Ukraine to show support for the international"democratic camp", the government said on Tuesday .its invasion of Ukraine,Premier Su Tseng-chang told reporters that Taiwan was in lock-step with its democratic partners around the world on its sanctions decision, adding that the government will"cooperate" with what Western countries have decided on SWIFT.

The move is largely symbolic as Taiwan's trade with Russia is minimal. Taiwan's Financial Supervisory Commission said on Monday that any transfers to Russia do use SWIFT but go via intermediary banks.

Taiwan's official name is the Republic of China, whose forces fled to the island in 1949 after losing a civil war with the communists. China regards Taiwan as a renegade province to be reunified, by force if necessary. The head of a United Nations agency said on Monday that more than 500,000 people have fled Ukraine to neighbouring countries since the start of Russia's invasion last week. European Union officials have said the war could displace seven million people.

 

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