Date: May 13, 2017
By: Reuters, TAIPEI
The nation is to continue buying arms from the US, boosting employment in at least six US states and narrowing the bilateral trade gap, the Cabinet told the US.
Taiwan’s military purchases “have boosted the local economy of and employment in states such as Alabama, Arizona, Florida, Utah, Ohio and Pennsylvania,” the Cabinet said as part of the public comment process for a 90-day trade review being conducted by the US.
Companies like Raytheon Co, Lockheed Martin Co, Boeing Co, Sikorsky and BAE Systems PLC have benefited from Taiwan’s purchases of missile defense systems, attack helicopters, fighter jets and other amphibious assault vehicles, it said.