Taipei, Sept. 15 (CNA) Praising Taiwan as a place its Central American allies aspire to be, the ambassador of Honduras has urged Taiwan to invest more aggressively in the region to create benefits for both sides.

Speaking at an event to mark the 196th anniversary of the Independence of Central America from Spanish rule, Honduras Ambassador Rafael Fernando Sierra Quesada, joined by ambassadors from Guatemala, El Salvador, and Nicaragua, said their countries have much more to learn from Taiwan.

"We dream to become what this beautiful country is, while doing so in a short period of time," he said.

The ambassador also called on Taiwan to be part of the region's development in building a "win-win situation" for both sides.

Central America can benefit from Taiwan's knowledge and investment thanks to the cooperation, while Taiwan can gain from its free trade deals with these countries to obtain easier access to markets in North and South America, Sierra added.

Central America Independence Day is celebrated on Sept. 15, because on that day in 1821, Central American leaders accepted a plan declaring Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua free from Spain.

Costa Rica was a diplomatic ally of Taiwan until June 2007, when it cut ties with Taipei to recognize Beijing.

Taiwan lost another Central American ally -- Panama -- in June this year when it also switched allegiance to Beijing, and Friday's event was held amid speculation that Beijing could snatch away more of Taiwan's diplomatic allies in the region in the near future.

President Tsai Ing-wen hopes to prevent that from happening.

At the event, she congratulated the four diplomatic allies on the anniversary of their independence, and noted that her visit to those countries in January gave her first-hand experience of the close friendship between Taiwan and Central America.

"One hundred and ninety-six years ago, your courageous forefathers displayed tremendous fortitude in the face of adversity and even death. With a resolute spirit, they fought for freedom, liberating the people of Central America from colonialism," she said.

Democracy and freedom are hard-won achievements and common values of Taiwan and Central America as the Taiwanese people have also been subjected to colonial and authoritarian rule, and taken the arduous path toward democracy, she added.

"These similar historical experiences give us an even greater appreciation of our mutual friendship," she said.

The president stressed that she looks forward to writing the next chapter in the partnership between Taiwan and Central America and generating even greater mutual pride.