TAIPEI (Taiwan News) — Taiwan and the Philippines will receive most of the US$2 billion (NT$64.96 billion) Foreign Military Financing supplement provided in the Indo-Pacific Security Supplemental Appropriations Act, U.S. Senator Chris Coons said on Friday (May 31).
Lawmakers need to decide how to divvy up the supplement, Coons said, “much of which may go to Taiwan, but the Philippines would be the second core priority,” according to Philippine News Agency. He said no numbers have been listed but believed “a significant portion” would be given to the Philippines.
The act, passed in April, stipulates that the supplement shall be given to “Taiwan and other key allies and security partners in the Indo-Pacific confronting Chinese aggression.” It also includes a provision that provides an additional US$1.9 billion to replenish weapons and related services for “Taiwan and regional partners.”
Upon the act’s passage, Taiwan’s Ministry of Foreign Affairs thanked the U.S. Congress “for placing great importance on Taiwan-US security cooperation.”
Coons is part of a delegation led by Senator Tammy Duckworth that visited Taiwan last week to discuss U.S.-Taiwan ties, regional security, and other issues with Taiwanese government officials.