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Taiwan has accused Beijing of putting pressure on African countries to close their airspace to Lai's plane.
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Seychelles, Mauritius and Madagascar revoked Lai's flight permits after "intense pressure" and economic coercion from China, said a Taiwan official. China denied coercion, while praising the three Indian Ocean nations saying it had "high appreciation" for them.
This is the first publicly known instance where Taiwan's leader has had to cancel a trip due to revoked flight permits.
Eswatini is one of 12 nations which are diplomatic allies of Taiwan and the only one in Africa.
According to news agency Reuters, Seychelles and Madagascar said they took the decision because they do not recognise Taiwan.
Taiwanese officials claimed that the three African countries revoked the flight permits "unexpectedly and without prior notice".
China adheres to the "one China" principle in which Beijing asserts sovereignty over Taiwan, though many in Taiwan consider themselves to be a sovereign nation.
Beijing sees the self-governed island as a breakaway province that will eventually be part of the country, and has not ruled out the use of force to achieve this.
The Chinese government has been vocal in its dislike of Lai, whom it has previously described as a "troublemaker" and a "destroyer of cross-strait peace".
In a statement on X, Lai criticised China's "coercive actions", saying that it "exposed the risks authoritarian regimes pose to the international order".
"No amount of threats or coercion will shake Taiwan's resolve to engage with the world."
The government of Eswatini, formerly known as Swaziland, said it was regrettable that Lai was unable to visit, but that this would not "change the status of our longstanding bilateral relationship", according to reports.
Lai was due to spend 22 to
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