The American Chamber of Commerce in Taipei (AmCham Taipei) and the Arlington, Virginia-based US-Taiwan Business Council yesterday announced they had formed a coalition to push for a bilateral trade agreement (BTA) between Taiwan and the US.
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US President Barack Obama’s administration is weighing fresh arms sales to Taipei as part of a sweeping effort to deter any Chinese attack on Taiwan, administration officials told the US Congress on Tuesday. Such supplies would be on top of plans sent to Congress on Sept. 21 to sell Taiwan US$5.85 billion in new hardware and defense services, including upgrades for its 145 F-16A/B aircraft, bought in 1992. Beijing deems arms sales to Taiwan a grave interference in its domestic affairs and the biggest obstacle to improved relations between the world’s two largest economies. |