Taiwan's Defence Dilemma: Parliament Faces Pressure Over $40 Billion Budget
Taiwan's parliament is set to prioritize a $40 billion special defense budget proposed by President Lai Ching-te amid U.S. concern over delays. The opposition-dominated parliament had stalled the proposal, leading to a bipartisan appeal from U.S. lawmakers. Cross-party negotiations are promised once parliament resumes after the Lunar New Year break.
- Country:
- Taiwan
The Taiwanese parliament is gearing up to review a $40 billion special defense budget once it reconvenes following the Lunar New Year holidays, as announced by the parliament speaker. This move comes after a bipartisan push from U.S. lawmakers, concerned about the delay caused by the opposition's proposals.
President Lai Ching-te introduced the additional defense spending to counter China's territorial claims. However, opposition members have consistently delayed the review, pushing their own proposals which focus on less extensive U.S. arms acquisitions. Amid these tensions, parliament's speaker and his deputy, members of the Kuomintang, plan to broker cross-party talks.
The defense budget, once parliament resumes, will be prioritized as a legislative issue, highlighting Taiwan's commitment to dialogue with the U.S. Congress. As Taiwan endeavors to bolster its security, its government, which backed U.S. calls for increased defense spending, faces China's unwavering stance on Taiwan's sovereignty.
(With inputs from agencies.)
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