Helena Lyng Blak
27 weeks ago

US Approves Arms Sale to Taiwan to the Tune of $360 Million

The US strengthens its unofficial ties with Taiwan amidst rising tensions with China by approving a significant arms deal.
Photo by AleksTaurus
Photo by AleksTaurus

As diplomatic tensions may be rising between the United States and Asian superpower China, the American government continues to strengthen its “robust”, but unofficial relationship with Taiwan.

On Tuesday, June 18, 2024, the US Defense Security Cooperation Agency announced that the US State Department had approved multiple possible arms sales to the East Asian nation’s Economic and Cultural Representative Office in the US (TECRO). 

TECRO, a branch of Taiwan’s de facto embassies, describes itself as representing “the interests of Taiwan’s 23 million people in promoting a closer relationship with the United States, based on our shared values of democracy, freedom, and human rights.”

TECRO has requested to acquire Altius 600M-V Unmanned Aerial Vehicles and related equipment at an approximate cost of $300 million in US dollars as well as Switchblade 300 Anti-Personnel and Anti-Armor Loitering Missile System and related equipment for an estimated $60.2 million USD.

According to the Defense Security Cooperation Agency, the sale of the equipment does not threaten to change the basic military balance in the region, but it will strengthen Taiwan’s ability to meet current and future threats, while also aiding the nation in maintaining political stability, military balance as well as support economic progress in the entire region. 

The agency also believes that the sale will be beneficial to the US, stating, 

“This proposed sale serves US national, economic, and security interests by supporting the recipient’s continuing efforts to modernize its armed forces and to maintain a credible defensive capability.”

Disclaimer

The information provided by this Site is for general informational purposes only. All information on the Site is provided in good faith, however we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability or completeness of any information on the Site.

More News

26 weeks ago Analysis: New Debate Rules Favor Biden New rules announced for the June 27th debate between Joe Biden and Donald Trump serves the President well.
26 weeks ago StanChart Becomes Among the First Global Banks to Launch Spot Crypto Trading StanChart breaks new ground by launching spot trading for Bitcoin and Ether, leading the charge among global banks in the cryptocurrency space.
26 weeks ago Crypto, Currently: June 21, 2024 - Market Bears Down on Major Cryptos Daily update on the five cryptocurrencies, we consider the most interesting right now.
26 weeks ago FX Daily: June 21, 2024 – Forex Market Update Daily update from the foreign exchange markets.
27 weeks ago Amazon Plans To Make Largest Reduction of Plastic Packaging in North America To Date Amazon's response to mounting criticism over its plastic waste with a new reduction plan.
27 weeks ago Ex-OpenAI Chief Scientist Ilya Sutskever Launches New Company Amid Criticism of ChatGPT Parent's Board Appointments Ilya Sutskever, former chief scientist at OpenAI, has co-founded a new company, Safe Superintelligence Inc., amidst ongoing scrutiny of OpenAI’s recent board appointments.
27 weeks ago FX Daily: June 20, 2024 - Mixed Movements in Global Currency Markets Daily update from the foreign exchange markets.