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Lai vows to lift defense spending to 3%

The government aims to increase defense spending to at least 3 percent of GDP this year, President William Lai (賴清德) said yesterday, hours after US President Donald Trump again threatened tariffs on Taiwanese semiconductors.

At a news conference in Taipei following his first high-level national security meeting this year, Lai said the government would propose a special budget this year to increase the nation’s defense spending to more than 3 percent of GDP.

“Taiwan must firmly safeguard its national sovereignty, strengthen its resolve for self-defense and bolster its defense capabilities,” he said.

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Philippines and New Zealand in talks for defense pact

The Philippines and New Zealand have begun negotiating an agreement that would allow them to deploy troops on each other’s soil, the two countries said yesterday, as concerns over maritime tensions with China grow.

Manila has been seeking to boost defense ties in the Asia-Pacific region and beyond in the face of China’s growing confidence in asserting its claims over the hot spot South China Sea.

A first round of talks was held in Manila on Thursday last week between the Philippines and New Zealand’s defense departments, they said in a joint statement.

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Newsflash

From left, Minister of Finance Su Jain-rong, National Development Council Minister Kung Ming-hsin, American Institute in Taiwan Director Brent Christensen and Minister of Foreign Affairs Joseph Wu attend a news conference on Taiwan-US infrastructure cooperation in Asia and Latin America in Taipei yesterday.
Photo: Liao Chen-huei, Taipei Times

Taiwan and the US are to collaborate on infrastructure funding in Asia and Latin America, which would boost Taiwan’s clout in the international community, Minister of Finance Su Jain-rong (蘇建榮) said yesterday.