-
Indian crude-sensitive shares gain after 13% oil-price decline
-
Kuwait finance minister holds economic cooperation talks at COMCEC
-
Stocks and dollar fall as Democratic election gains reshape markets
-
82-Year-Old American Transforms 2003 Mercedes Sprinter into Permanent Home
-
Abdul El-Sayed Wins Michigan Senate Seat, Becoming First Muslim in US Congress
-
Abdul El-Sayed declares victory in Michigan Senate contest
-
Kuwait marks key events and anniversaries from national history
-
Democrats capture US Congress in sweeping midterm victory
-
Trump congratulates Democrats and signals willingness to cooperate
-
Manchester United rallies past Roma as PSG dominates in Champions League
-
Enel to Install Solar Panels at Niterói Waste Management Facility
-
Qatar prime minister advances mediation through diplomatic calls
-
Qatar sees tentative opening for renewed regional diplomacy
-
Greenland parliament approves security agreement with United States
-
Qatar Tourism joins Pacific Asia Travel Association at London travel market
-
Qatar envoy meets incoming UN General Assembly president
-
Abdul El-Sayed Wins Michigan Senate Seat in Historic Election
-
Trump Signals Willingness to Work With Democrats After Midterm Defeat
-
Qatar media bodies discuss support for humanitarian initiatives
-
Pitches and Keynote Speakers Are Confirmed for Blue Magic Netherlands on November 17
US approves $11 billion in arms sales to Taiwan: Taipei
Washington has approved $11 billion-worth of arms to Taiwan, Taipei said Thursday, announcing one of the largest weapons packages for the island as it seeks to deter a potential Chinese invasion.
While Washington is traditionally Taiwan's biggest arms supplier, remarks by US President Donald Trump raised doubts about his willingness to defend the democratic island.
Taiwan has ramped up its defence spending in the past decade as China has intensified military pressure, but Trump's administration has pushed the island to do more to protect itself.
The arms sale announced on Thursday, which still needs US Congressional approval, would be the second since Trump returned to office in January, after the $330 million sale of parts and components in November.
The latest, much bigger cache features HIMARS rocket systems, howitzers, anti-tank missiles, drones and other equipment, according to Taipei's foreign ministry.
"This is the second arms sale to Taiwan announced during the Trump administration's second term, once again demonstrating the US's firm commitment to Taiwan's security," Taipei's foreign ministry said.
The potential size of the sale rivals the $18 billion authorised under former US president George W. Bush in 2001, although that was ultimately downsized after commercial negotiations.
Bush ended up selling $15.6 billion-worth of weapons to Taiwan over his eight years in office.
During Trump's first term, the United States approved $10 billion in arms sales to Taiwan, including $8 billion for fighter jets.
The latest package is expected to soon receive a Congressional rubber stamp, given the cross-party consensus on Taiwan's defence.
Taiwan maintains its own defence industry but the island would be massively outgunned in a conflict with China, and so remains heavily reliant on US arms.
The latest arms sale shows Washington has continued to assist Taipei in "rapidly building robust deterrence capabilities", Taiwan's defence ministry said in a statement.
Taiwanese President Lai Ching-te's government has vowed to ramp up defence spending to more than three percent of the GDP next year and five percent by 2030, following US pressure.
It is also plans to seek up to NT$1 trillion in special funding to upgrade the island's air defence systems and increase capacity to produce and store ammunition.
The defence spending proposals need backing from the island's opposition-controlled parliament before they can take effect.
China deploys military aircraft and warships around Taiwan on a near-daily basis, which analysts describe as "grey-zone" operations -- coercive tactics that fall short of an act of war.
Taipei's defence ministry said 40 Chinese military aircraft, including fighters, choppers and drones, as well as eight naval vessels, were detected around Taiwan in a 24-hour period ending early Thursday.
On Tuesday, Beijing's third and newest aircraft carrier, the Fujian, sailed through the Taiwan Strait, according to Taipei.
T.Germann--VB