The KMT nationalist candidate, Hou Yu-ih, has conceded defeat in the Taiwanese presidential election, acknowledging the victory of William Lai of the Democratic Progressive Party (DPP).
About halfway through Taiwan's presidential election, William Lai had risen to 40 percent of the valid votes. The Democratic Progressive Party (DPP) candidate, according to Formosa TV's unofficial tally, has garnered a total of 3.2 million votes so far.
Detached at 32.7%, Hou Yu-ih, running for the nationalists of the KMT, with a total of 2.6 million votes, while the third candidate Ko Wen-je, of the People's Party (TPP), loses share compared to the initial data and slips to 27.3% (2.2 million votes).
Baltic countries, 'Taiwan is an example of democracy'
"We congratulate Taiwan for once again demonstrating the good health and well-functioning of its democratic system which, together with a free market economy and a vibrant civil society, makes it a model for the Indo-Pacific and an asset to the world." This was stated in a joint statement, published this morning on the occasion of the presidential elections held in Taiwan, by the chairmen of the Foreign Affairs Committees of Lithuania, Zygimantas Pavilionis, Latvia, Rihards Kohls, and Estonia, Marko Mihkelson.
The joint statement recalls that Taiwan and the Baltic States are united by a common belief in democracy, the rule of law and human rights.
Appreciation is also expressed for Taipei's contribution to Ukraine's security, resilience and reconstruction, and for its commitment to maintaining stability in the Taiwan Strait.
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