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Arms procurement budget bill passes


Chi Yang-class frigate Ning Yang fires a Harpoon anti-ship missile during joint-service live fire exercises on July 15 last year.
Photo courtesy of the Ministry of National Defense via CNA

The Legislative Yuan yesterday approved a bill authorizing the government to draft a special budget of up to NT$240 billion (US$8.63 billion) for arms procurements over the next five years.

Last Updated ( Wednesday, 24 November 2021 00:37 ) Read more...
 
 

Taiwan, US to hold second economic partnership talk


Flags of Taiwan and the US are placed for a meeting in Taipei on March 27, 2018.
Photo: Tyrone Siu, Reuters

Taiwan and the US are to hold their second economic partnership dialogue tomorrow to forge closer bilateral ties, the US Department of State said on Friday.

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Newsflash

US officials will defer any major new arms sales to Taiwan until at least next year as Beijing steps up pressure on Washington, where mending Sino-US ties is a priority, defense analysts say.

Sales of anything more than minor parts or low-end upgrades will wait until early next year, possibly much longer, letting Taiwan trail further in the balance of power against China, but advancing relations between the two superpowers, analysts say.