US Sets $500 Million for Taiwan Arms on Ukraine-Style Fast Track - Bloomberg
Sale marks first time US has used the authority for Taiwan
Pentagon and White House declined to comment on Friday
The Biden administration is pulling together a $500 million weapons package for Taiwan, using for the first time a fast-track authority that it has relied on to speed arms to Ukraine, people familiar with the matter said.
The package will involve sending existing stockpiles of US weapons or support equipment to Taiwan under what’s known as a Presidential Drawdown Authority, said the people, who asked not to be identified discussing private deliberations. The equipment to be in the package wasn’t immediately known.
Sale marks first time US has used the authority for Taiwan
Pentagon and White House declined to comment on Friday
The Biden administration is pulling together a $500 million weapons package for Taiwan, using for the first time a fast-track authority that it has relied on to speed arms to Ukraine, people familiar with the matter said.
The package will involve sending existing stockpiles of US weapons or support equipment to Taiwan under what’s known as a Presidential Drawdown Authority, said the people, who asked not to be identified discussing private deliberations. The equipment to be in the package wasn’t immediately known.