Loading...
Market
US approves additional arms sales to Taiwan by end of 2024?
5
United States•Taiwan•TOW 2B•Ministry of Foreign Affairs•Taiwan Relations Act and•Six Assurances•China
Resolution / Starting Odds
Yes • 50%
No • 50%
Official US government announcements or verified news reports
Story
US Approves $360 Million Arms Sale to Taiwan for Missiles and Drones Amid Rising Tensions with China
Jun 19, 2024, 01:12 AM
The United States has approved a significant arms sale to Taiwan, totaling $360.2 million. This sale includes 1,700 TOW 2B anti-tank missiles and Altius 600M V unmanned aerial vehicles, along with related equipment estimated to cost $300 million. The approval has been welcomed by Taiwan's Ministry of Foreign Affairs, which expressed appreciation for the U.S. commitment to Taiwan's defense under the Taiwan Relations Act and the Six Assurances. The sale is seen as a measure to bolster Taiwan's defense capabilities amid escalating aggression from China.
View original story
Similar markets
Increase • 33%
Decrease • 33%
No significant change • 33%
