US-Taiwan Business Council to give $2 billion defence package for Taiwan
The Daily Guardian|October 31, 2024
US Defence officials, speaking on condition of anonymity, highlighted this as a milestone move to strengthen Taiwan's defences.
US-Taiwan Business Council to give $2 billion defence package for Taiwan

The US-Taiwan Business Council has endorsed a potential USD 2 billion arms package from the United States to Taiwan, lauding the arrangement as "an important development" that further bolsters defence ties between the two nations, Taipei Times reported.

The Council praised both governments in Washington and Taipei, for reaching an agreement on the proposed sale.

The arms package, valued at USD 2 billion, is expected to include USD 1.16 billion for missile systems and USD 828 million for radar systems.

Key components include three National Advanced Surface-to-Air Missile Systems (NASAMS) that Taiwan will acquire for the first time, marking it as only the third regional nation to receive these defence systems, alongside Australia and Indonesia.

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