2023/08/31
The Ministry of Defense issues a press release explaining the "foreign military financing of US aid totaling US$80 million for Taiwan."
Press release of the Ministry of National Defense
Time: August 31, 2023 at 09:00
In response to foreign media reports that the US government notified Congress on the 29th, Eastern Time, that it planned to assist Taiwan with US$80 million (approximately NT$2.5 billion) in foreign military financing (FMF) aid, the Ministry of National Defense (MND) indicated that such military financing from the US is based on the Taiwan Relations Act and Six Assurances, and is designated to help us strengthen defense combat capabilities and contribute to regional peace and stability. The MND would like to render its gratitude to the US. The MND will not be elaborating any further on the details of this aid.