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US wavering on Taiwan: ‘Economist’

The latest US arms sale to Taiwan seems to show that the US security commitment to its ally in Asia is “wobbling,” an article in The Economist said yesterday, adding that Washington should continue to support Taiwan in the interests of cross-strait relations and Sino-US relations.

US President Barack Obama on Wednesday notified the US Congress of a US$5.85 billion package of arms to Taiwan that did not include the 66 F-16C/D aircraft Taipei was seeking and centered instead on upgrading its existing fleet of aging F-16A/Bs.

Titled “Dim sum for China: Why America should not walk away from Taiwan,” the article said that “Chinese objections made the deal less advantageous than it would have been.”

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US senator slams Obama over jet deal

Republican Senator John Cornyn on Tuesday accused US President Barack Obama of treating Taiwan in a “deplorable” way and said he was attaching an amendment — aimed at forcing the White House to sell Taipei advanced F-16C/D jets — to a vitally important trade bill.

The provision was to be introduced yesterday, when the Obama administration was expected to officially unveil its latest Taiwanese arms deal package to Congress.

Senior administration officials have already leaked word that the package will not include the 66 F-16C/Ds that Taiwan desperately wants to modernize its air force.

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Newsflash


Financial Supervisory Commission Chairman Wellington Koo, left, answers questions from lawmakers on the Finance Committee at the Legislative Yuan in Taipei yesterday.
Photo: CNA

There is no guarantee that Hua Nan Commercial Bank (華南銀行) will be able to avoid being fined by US regulators for the failure of its New York branch to comply with US regulations on money laundering, Financial Supervisory Commission (FSC) Chairman Wellington Koo (顧立雄) said yesterday.