The White House intends to seek congressional approval for the move in a bid to expedite the provision of weapons, the news outlet reports
FILE PHOTO. CM-11 tanks fire artillery during a drill in Pingtung county, Taiwan, on September 7, 2022. © Ceng Shou Yi/NurPhoto via Getty Images
The White House plans to ask Congress to authorize weapons procurement for Taiwan using part of the budget meant for Ukraine, the Financial Times reported on Wednesday, citing sources.
According to two people familiar with the matter interviewed by the FT, the Office of Management and Budget will include a funding request for Taipei in the supplemental budget – which itself will focus mainly on helping Kiev in its fight with Russia – as part of a campaign to expedite the provision of weapons.
The White House is expected to submit the request later this month. The report says that if approved by US lawmakers, it will be the first time Taiwan has received arms via the so-called Foreign Military Financing scheme. This is a mechanism to provide grants and loans to foreign militaries to help them purchase US-made equipment and is essentially funded by American taxpayers.
Commenting on the new US efforts to assist Taipei, Eric Sayers, managing director at the consulting firm Beacon Global Strategies, described them, as quoted by the paper, as “a monumental step” signaling how far Washington is willing to go to boost deterrence across the Taiwan Strait.