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Enhancing US-Taiwan Defense Cooperation and Supply Chain Security.

This bill requires the Secretary of Defense to consider Taiwan for enhanced cooperation activities within the defense industrial base. The goal is to expand global defense production, increase supply chain security, and meet Taiwan's defense needs. While not directly impacting personal finances, this measure aims to strengthen national security and the resilience of the U.S. defense industry, contributing to regional stability.
Key points
Defense Partnership: Taiwan must be considered for eligibility for funding cooperative research, development, and testing projects with the U.S. Department of Defense.
Supply Chain Resilience: The law mandates a feasibility study on formal defense industrial agreements with Taiwan to secure long-term supply chains and mutual defense goods provision.
Industrial Support: The study must identify defense capabilities that Taiwan can produce to meet demands that the U.S. defense industry cannot fulfill promptly.
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Additional Information
Print number: 118_HR_8238
Sponsor: Rep. Steel, Michelle [R-CA-45]
Process start date: 2024-05-02