US increases military aid to Taiwan to USD 480 Mn
Channel: Main Battle Tank
Date: 18/09/2023

According to a report from Bloomberg, the United States has increased its contribution to Taiwan's military capabilities this week, bringing the total to US$480 million. This increase includes a combination of grants that can be used directly in the US and drawdowns from US inventories. The US Department of State informed lawmakers of this development and raised the Foreign Military Financing (FMF) available to Taiwan by an additional US$55 million.