7 Jan 2025
🇺🇸Delegation of Authority for $571.3 Million Defense Aid to Taiwan
Delegation of Authority Under Section 506(a)(3) of the Foreign Assistance Act of 1961
Agencies
- Executive Office of the President
Business Impact
$$ - Med
The memorandum outlines delegation of authority for a significant military aid package to Taiwan, involving $571.3 million in defense resources. This can impact businesses involved in defense contracting, military technology, and international trade. Compliance with regulations related to export controls and defense contracting may also arise.