Bill > S4241

This bill, the Transpacific Allies Investing in Weapons to Advance National Security Act (also known as the TAIWAN Security Act), requires the Secretary of Defense to appropriately consider Taiwan for enhanced defense industrial base cooperation activities. This includes making Taiwan eligible for funding to initiate or facilitate cooperative research, development, testing, or evaluation projects with the Department of Defense, and allowing Taiwan to enter into formal agreements with the Department of Defense for cooperative research and development projects on defense equipment and munitions. The bill also mandates a feasibility study on the strategic benefits and implications of entering into a defense industrial agreement with Taiwan, including aspects related to supply chain security and resilience, mutual supply of defense goods and services, and promotion of interoperability. The study will also identify at least five defense capabilities either developed by and produced in Taiwan that require expedited licenses for components produced in the United States, or developed by the United States but for which the U.S. defense industry cannot meet Taiwan's demand on a timely basis.

Government Affairs

https://www.congress.gov/bill/118th-congress/senate-bill/4241/all-info