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CD272: What is Taiwan?

Congressional Dish

CHAPTER

The New Law Authorizes $2 Billion Per Year for Taiwan for Foreign Military Financing Grants

The new law authorizes $2 billion per year for Taiwan for foreign military financing grants. The money is expressly allowed by law to be used to purchase weapons and defense services that are not sold by the U.S. government. A provision was put in here that says that no more than 15% of the weapons for Taiwan purchased with these foreign military financing program grants can be purchased from within Taiwan.

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